Trematon Capital Investments

JSE:TMT South Africa Real Estate Services
Market Cap
$12.19 Million
ZAC22.94 Billion ZAC
Market Cap Rank
#40224 Global
#166 in South Africa
Share Price
ZAC103.00
Change (1 day)
-1.90%
52-Week Range
ZAC100.00 - ZAC290.00
All Time High
ZAC354.00
About

Trematon Capital Investments Limited is a private equity firm. The firm seeks to invest in property, gaming, leisure, and construction. It seeks to invest in South Africa with a focus on Western Cape and Gauteng. The firm also engages in investment and trading in listed and unlisted shares which are not specific to any industry and potential investments are not necessarily limited by industry or … Read more

Trematon Capital Investments (TMT) - Net Assets

Latest net assets as of February 2025: ZAC652.28 Million ZAC

Based on the latest financial reports, Trematon Capital Investments (TMT) has net assets worth ZAC652.28 Million ZAC as of February 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (ZAC1.02 Billion) and total liabilities (ZAC367.68 Million). 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.

Key Net Assets Metrics

Metric Value
Current Net Assets ZAC652.28 Million
% of Total Assets 63.95%
Annual Growth Rate 18.15%
5-Year Change -11.0%
10-Year Change 68.29%
Growth Volatility 31.62

Trematon Capital Investments - Net Assets Trend (2002–2024)

This chart illustrates how Trematon Capital Investments's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Trematon Capital Investments (2002–2024)

The table below shows the annual net assets of Trematon Capital Investments from 2002 to 2024.

Year Net Assets Change
2024-08-31 ZAC913.02 Million -9.28%
2023-08-31 ZAC1.01 Billion +3.67%
2022-08-31 ZAC970.80 Million +0.66%
2021-08-31 ZAC964.46 Million -5.98%
2020-08-31 ZAC1.03 Billion -2.93%
2019-08-31 ZAC1.06 Billion +3.25%
2018-08-31 ZAC1.02 Billion +7.24%
2017-08-31 ZAC954.33 Million +58.73%
2016-08-31 ZAC601.22 Million +10.82%
2015-08-31 ZAC542.53 Million +68.32%
2014-08-31 ZAC322.32 Million +13.95%
2013-08-31 ZAC282.85 Million +31.71%
2012-08-31 ZAC214.76 Million +7.83%
2011-08-31 ZAC199.17 Million -14.70%
2010-08-31 ZAC233.51 Million -1.36%
2009-08-31 ZAC236.73 Million -6.10%
2008-08-31 ZAC252.09 Million +64.09%
2007-08-31 ZAC153.63 Million +46.09%
2006-08-31 ZAC105.16 Million +7.13%
2005-08-31 ZAC98.17 Million +113.03%
2004-08-31 ZAC46.08 Million +44.66%
2003-08-31 ZAC31.85 Million +36.85%
2002-08-31 ZAC23.28 Million --

Equity Component Analysis

This analysis shows how different components contribute to Trematon Capital Investments'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 63060017500.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (August 2024)

Component Amount Percentage
Retained Earnings ZAC630.60 Million 87.78%
Common Stock ZAC2.23 Million 0.31%
Other Components ZAC85.54 Million 11.91%
Total Equity ZAC718.37 Million 100.00%

Trematon Capital Investments Competitors by Market Cap

The table below lists competitors of Trematon Capital Investments ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Trematon Capital Investments's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 826,319,301 to 718,371,473, a change of -107,947,828 (-13.1%).
  • Net loss of 10,106,320 reduced equity.
  • Dividend payments of 72,265,360 reduced retained earnings.
  • Share repurchases of 6,638,614 reduced equity.
  • Other comprehensive income decreased equity by 67,910,677.
  • Other factors increased equity by 48,973,143.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income ZAC-10.11 Million -1.41%
Dividends Paid ZAC72.27 Million -10.06%
Share Repurchases ZAC6.64 Million -0.92%
Other Comprehensive Income ZAC-67.91 Million -9.45%
Other Changes ZAC48.97 Million +6.82%
Total Change ZAC- -13.06%

Book Value vs Market Value Analysis

This analysis compares Trematon Capital Investments'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: 32.13x
  • 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 483.23x to 32.13x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2002-08-31 ZAC0.21 ZAC103.00 x
2003-08-31 ZAC0.30 ZAC103.00 x
2004-08-31 ZAC0.44 ZAC103.00 x
2005-08-31 ZAC0.74 ZAC103.00 x
2006-08-31 ZAC0.61 ZAC103.00 x
2007-08-31 ZAC0.84 ZAC103.00 x
2008-08-31 ZAC0.88 ZAC103.00 x
2009-08-31 ZAC0.81 ZAC103.00 x
2010-08-31 ZAC0.77 ZAC103.00 x
2011-08-31 ZAC1.08 ZAC103.00 x
2012-08-31 ZAC1.18 ZAC103.00 x
2013-08-31 ZAC1.39 ZAC103.00 x
2014-08-31 ZAC1.55 ZAC103.00 x
2015-08-31 ZAC2.39 ZAC103.00 x
2016-08-31 ZAC2.37 ZAC103.00 x
2017-08-31 ZAC3.61 ZAC103.00 x
2018-08-31 ZAC3.73 ZAC103.00 x
2019-08-31 ZAC3.83 ZAC103.00 x
2020-08-31 ZAC4.20 ZAC103.00 x
2021-08-31 ZAC4.03 ZAC103.00 x
2022-08-31 ZAC3.69 ZAC103.00 x
2023-08-31 ZAC3.66 ZAC103.00 x
2024-08-31 ZAC3.21 ZAC103.00 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Trematon Capital Investments 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): -1.41%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -1.79%
  • • Asset Turnover: 0.24x
  • • Equity Multiplier: 3.32x
  • Recent ROE (-1.41%) is below the historical average (-0.96%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2002 -266.62% 0.00% 0.00x 1.17x ZAC-64.39 Million
2003 26.93% 0.00% 0.00x 1.17x ZAC5.39 Million
2004 30.87% 0.00% 0.00x 1.45x ZAC9.62 Million
2005 16.61% 0.00% 0.00x 1.19x ZAC6.49 Million
2006 14.85% 0.00% 0.00x 1.06x ZAC5.10 Million
2007 5.54% 43.98% 0.11x 1.12x ZAC-6.53 Million
2008 22.35% 126.89% 0.07x 2.38x ZAC19.02 Million
2009 -1.61% -5.35% 0.12x 2.53x ZAC-16.40 Million
2010 -2.07% -40.47% 0.02x 2.08x ZAC-16.26 Million
2011 8.10% 76.67% 0.08x 1.31x ZAC-3.57 Million
2012 8.80% 80.31% 0.09x 1.19x ZAC-2.57 Million
2013 19.56% 150.02% 0.07x 1.95x ZAC25.17 Million
2014 14.66% 63.81% 0.11x 2.05x ZAC13.76 Million
2015 18.69% 92.36% 0.10x 2.11x ZAC44.27 Million
2016 8.90% 37.32% 0.11x 2.14x ZAC-6.12 Million
2017 34.31% 96.87% 0.13x 2.63x ZAC206.75 Million
2018 4.05% 11.23% 0.14x 2.61x ZAC-52.35 Million
2019 3.89% 9.08% 0.16x 2.63x ZAC-55.01 Million
2020 -0.29% -0.70% 0.16x 2.66x ZAC-92.51 Million
2021 -1.03% -2.15% 0.17x 2.80x ZAC-92.25 Million
2022 4.14% 7.05% 0.20x 3.00x ZAC-48.93 Million
2023 8.66% 12.91% 0.22x 3.07x ZAC-11.05 Million
2024 -1.41% -1.79% 0.24x 3.32x ZAC-81.94 Million

Industry Comparison

This section compares Trematon Capital Investments's net assets metrics with peer companies in the Real Estate Services industry.

Industry Context

  • Industry: Real Estate Services
  • Average net assets among peers: $7,508,166,285
  • Average return on equity (ROE) among peers: -5.32%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Trematon Capital Investments (TMT) ZAC652.28 Million -266.62% 0.56x $142.03K
Collins Property Group (CPP) $5.33 Billion 10.46% 1.29x $182.60 Million
Fortress Income Fund Ltd (FFB) $24.21 Billion -34.58% 0.78x $15.10 Million
Lighthouse Capital Ltd (LTE) $368.59 Million -9.56% 0.74x $9.15 Million
Putprop Ltd (PPR) $132.59 Million 12.38% 0.08x $132.96K