Telemasters Holdings Ltd (TLM) - Net Assets
Based on the latest financial reports, Telemasters Holdings Ltd (TLM) has net assets worth ZAC37.44 Million ZAC (≈ $19.90K USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (ZAC53.80 Million ≈ $28.59K USD) and total liabilities (ZAC16.36 Million ≈ $8.70K USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check Telemasters Holdings Ltd liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ZAC37.44 Million |
| % of Total Assets | 69.58% |
| Annual Growth Rate | 3.62% |
| 5-Year Change | 10.92% |
| 10-Year Change | 13.17% |
| Growth Volatility | 9.32 |
Telemasters Holdings Ltd - Net Assets Trend (2008–2025)
This chart illustrates how Telemasters Holdings Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Telemasters Holdings Ltd (TLM) total assets for the complete picture of this company's asset base.
Annual Net Assets for Telemasters Holdings Ltd (2008–2025)
The table below shows the annual net assets of Telemasters Holdings Ltd from 2008 to 2025. For live valuation and market cap data, see TLM market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | ZAC37.44 Million ≈ $19.90K |
-0.17% |
| 2024-06-30 | ZAC37.50 Million ≈ $19.93K |
+0.23% |
| 2023-06-30 | ZAC37.41 Million ≈ $19.88K |
+3.33% |
| 2022-06-30 | ZAC36.21 Million ≈ $19.24K |
+7.28% |
| 2021-06-30 | ZAC33.75 Million ≈ $17.94K |
+2.40% |
| 2020-06-30 | ZAC32.96 Million ≈ $17.52K |
-6.00% |
| 2019-06-30 | ZAC35.06 Million ≈ $18.63K |
-1.78% |
| 2018-06-30 | ZAC35.70 Million ≈ $18.97K |
+2.88% |
| 2017-06-30 | ZAC34.70 Million ≈ $18.44K |
+4.89% |
| 2016-06-30 | ZAC33.08 Million ≈ $17.58K |
+2.33% |
| 2015-06-30 | ZAC32.33 Million ≈ $17.18K |
+0.72% |
| 2014-06-30 | ZAC32.09 Million ≈ $17.06K |
+4.59% |
| 2013-06-30 | ZAC30.69 Million ≈ $16.31K |
-1.86% |
| 2012-06-30 | ZAC31.27 Million ≈ $16.62K |
-5.03% |
| 2011-06-30 | ZAC32.93 Million ≈ $17.50K |
+9.51% |
| 2010-06-30 | ZAC30.07 Million ≈ $15.98K |
+6.88% |
| 2009-06-30 | ZAC28.13 Million ≈ $14.95K |
+37.57% |
| 2008-06-30 | ZAC20.45 Million ≈ $10.87K |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Telemasters Holdings Ltd's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 22.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ZAC18.30 Million | 54.40% |
| Common Stock | ZAC5.70K | 0.02% |
| Other Components | ZAC15.34 Million | 45.58% |
| Total Equity | ZAC33.64 Million | 100.00% |
Telemasters Holdings Ltd Competitors by Market Cap
The table below lists competitors of Telemasters Holdings Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Octopus Titan VCT
LSE:OTV2
|
$3.91 Million |
|
Adamera Minerals Corp.
V:ADZ
|
$3.91 Million |
|
RED LIGHT HOLLAND CORP.
F:4YX
|
$3.91 Million |
|
Australia United Mining Ltd
AU:AYM
|
$3.91 Million |
|
Matinas BioPharma Holdings Inc
NYSE MKT:MTNB
|
$3.91 Million |
|
The House of Agriculture Spiroy S.A.
AT:SPIR
|
$3.91 Million |
|
Immutable Holdings Inc
NEO:HOLD
|
$3.91 Million |
|
Whitehawk Ltd
AU:WHK
|
$3.90 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Telemasters Holdings Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 37,617,854 to 33,644,154, a change of -3,973,700 (-10.6%).
- Net income of 528,325 contributed positively to equity growth.
- Dividend payments of 180,261 reduced retained earnings.
- Share repurchases of 41,388 reduced equity.
- Other factors decreased equity by 4,280,376.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ZAC528.33K | +1.57% |
| Dividends Paid | ZAC180.26K | -0.54% |
| Share Repurchases | ZAC41.39K | -0.12% |
| Other Changes | ZAC-4.28 Million | -12.72% |
| Total Change | ZAC- | -10.56% |
Book Value vs Market Value Analysis
This analysis compares Telemasters Holdings Ltd's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 218.73x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 267.00x to 218.73x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2008-06-30 | ZAC0.49 | ZAC130.00 | x |
| 2009-06-30 | ZAC0.67 | ZAC130.00 | x |
| 2010-06-30 | ZAC0.72 | ZAC130.00 | x |
| 2011-06-30 | ZAC0.78 | ZAC130.00 | x |
| 2012-06-30 | ZAC0.74 | ZAC130.00 | x |
| 2013-06-30 | ZAC0.73 | ZAC130.00 | x |
| 2014-06-30 | ZAC0.76 | ZAC130.00 | x |
| 2015-06-30 | ZAC0.77 | ZAC130.00 | x |
| 2016-06-30 | ZAC0.79 | ZAC130.00 | x |
| 2017-06-30 | ZAC0.83 | ZAC130.00 | x |
| 2018-06-30 | ZAC0.85 | ZAC130.00 | x |
| 2019-06-30 | ZAC0.83 | ZAC130.00 | x |
| 2020-06-30 | ZAC0.78 | ZAC130.00 | x |
| 2021-06-30 | ZAC0.67 | ZAC130.00 | x |
| 2022-06-30 | ZAC0.67 | ZAC130.00 | x |
| 2023-06-30 | ZAC0.66 | ZAC130.00 | x |
| 2024-06-30 | ZAC0.66 | ZAC130.00 | x |
| 2025-06-30 | ZAC0.59 | ZAC130.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Telemasters Holdings Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 1.57%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.82%
- • Asset Turnover: 1.20x
- • Equity Multiplier: 1.60x
- Recent ROE (1.57%) is below the historical average (10.82%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | 68.50% | 7.83% | 3.84x | 2.28x | ZAC11.96 Million |
| 2009 | 51.20% | 6.23% | 3.78x | 2.17x | ZAC11.59 Million |
| 2010 | 25.99% | 3.30% | 3.65x | 2.16x | ZAC4.81 Million |
| 2011 | 3.04% | 0.37% | 4.26x | 1.91x | ZAC-2.29 Million |
| 2012 | 0.07% | 0.01% | 3.54x | 1.55x | ZAC-3.10 Million |
| 2013 | 14.47% | 3.44% | 2.63x | 1.60x | ZAC1.37 Million |
| 2014 | 8.31% | 2.58% | 2.26x | 1.43x | ZAC-542.07K |
| 2015 | 8.51% | 2.81% | 2.22x | 1.37x | ZAC-480.55K |
| 2016 | 6.09% | 1.91% | 2.05x | 1.55x | ZAC-1.29 Million |
| 2017 | 7.08% | 2.04% | 2.20x | 1.58x | ZAC-1.01 Million |
| 2018 | 8.69% | 2.73% | 2.34x | 1.36x | ZAC-469.22K |
| 2019 | 2.97% | 1.04% | 2.44x | 1.17x | ZAC-2.46 Million |
| 2020 | 3.31% | 1.37% | 1.64x | 1.47x | ZAC-2.21 Million |
| 2021 | -11.67% | -5.18% | 1.19x | 1.89x | ZAC-7.31 Million |
| 2022 | -5.46% | -3.04% | 1.12x | 1.60x | ZAC-5.60 Million |
| 2023 | 1.11% | 0.65% | 1.15x | 1.49x | ZAC-3.33 Million |
| 2024 | 0.94% | 0.59% | 1.13x | 1.40x | ZAC-3.41 Million |
| 2025 | 1.57% | 0.82% | 1.20x | 1.60x | ZAC-2.84 Million |
Industry Comparison
This section compares Telemasters Holdings Ltd's net assets metrics with peer companies in the Telecom Services industry.
Industry Context
- Industry: Telecom Services
- Average net assets among peers: $41,785,860,500
- Average return on equity (ROE) among peers: 11.19%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Telemasters Holdings Ltd (TLM) | ZAC37.44 Million | 68.50% | 0.44x | $3.91 Million |
| Blue Label Telecoms Ltd (BLU) | $5.00 Billion | 15.73% | 0.74x | $423.38 Million |
| MTN Group Ltd (MTN) | $114.98 Billion | 11.96% | 2.18x | $20.07 Billion |
| Telkom (TKG) | $24.16 Billion | -41.27% | 1.47x | $1.57 Billion |
| Vodacom Group Ltd (VOD) | $23.00 Billion | 58.35% | 2.53x | $14.51 Billion |
About Telemasters Holdings Ltd
TeleMasters Holdings Limited, together with its subsidiaries, engages in the provision of telecommunications, internet connectivity, cloud solutions, and data storage to businesses in South Africa. It operates through ICT Managed Solutions, Data Centre Services, and Corporate segments. The company offers ICT managed solutions to medium and small enterprises through a suite of products and service… Read more