We Buy Cars Hlds Ltd

JSE:WBC South Africa Auto & Truck Dealerships
Market Cap
$964.06 Million
ZAC1.81 Trillion ZAC
Market Cap Rank
#28624 Global
#47 in South Africa
Share Price
ZAC4341.00
Change (1 day)
-0.94%
52-Week Range
ZAC3688.00 - ZAC6020.00
All Time High
ZAC6020.00
About

We Buy Cars Holdings Limited engages in buying, distributing, and retailing pre-owned motor vehicles in South Africa. It is involved in the sales of car finance, insurance, and other ancillary products, such as tracking devices, value added insurance products, and comprehensive motor insurance. The company also engages in the operation of car supermarket; and owns and rents warehouses. It sells i… Read more

We Buy Cars Hlds Ltd (WBC) - Net Assets

Latest net assets as of September 2025: ZAC3.05 Billion ZAC

Based on the latest financial reports, We Buy Cars Hlds Ltd (WBC) has net assets worth ZAC3.05 Billion ZAC as of September 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (ZAC5.35 Billion) and total liabilities (ZAC2.30 Billion). 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 ZAC3.05 Billion
% of Total Assets 57.05%
Annual Growth Rate 28.51%
5-Year Change N/A
10-Year Change N/A
Growth Volatility 72.24

We Buy Cars Hlds Ltd - Net Assets Trend (2020–2025)

This chart illustrates how We Buy Cars Hlds Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for We Buy Cars Hlds Ltd (2020–2025)

The table below shows the annual net assets of We Buy Cars Hlds Ltd from 2020 to 2025.

Year Net Assets Change
2025-09-30 ZAC3.05 Billion +32.45%
2024-09-30 ZAC2.31 Billion -0.67%
2023-09-30 ZAC2.32 Billion +166.42%
2020-09-30 ZAC871.17 Million --

Equity Component Analysis

This analysis shows how different components contribute to We Buy Cars Hlds 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 decreased by 648545822300.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (September 2025)

Component Amount Percentage
Other Components ZAC9.86 Billion 322.97%
Total Equity ZAC3.05 Billion 100.00%

We Buy Cars Hlds Ltd Competitors by Market Cap

The table below lists competitors of We Buy Cars Hlds Ltd ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in We Buy Cars Hlds Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 2,305,397,000 to 3,053,448,000, a change of 748,051,000 (32.4%).
  • Net income of 935,392,000 contributed positively to equity growth.
  • Dividend payments of 229,489,000 reduced retained earnings.
  • New share issuances of 24,192,000 increased equity.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income ZAC935.39 Million +30.63%
Dividends Paid ZAC229.49 Million -7.52%
Share Issuances ZAC24.19 Million +0.79%
Other Changes ZAC17.96 Million +0.59%
Total Change ZAC- 32.45%

Book Value vs Market Value Analysis

This analysis compares We Buy Cars Hlds 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: 593.80x
  • 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 5381.39x to 593.80x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2020-09-30 ZAC0.81 ZAC4341.00 x
2023-09-30 ZAC5.56 ZAC4341.00 x
2024-09-30 ZAC5.53 ZAC4341.00 x
2025-09-30 ZAC7.31 ZAC4341.00 x

Capital Efficiency Dashboard

This dashboard shows how efficiently We Buy Cars Hlds 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): 30.63%
  • The company demonstrates strong efficiency in generating profits from shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 3.51%
  • • Asset Turnover: 4.98x
  • • Equity Multiplier: 1.75x
  • Recent ROE (30.63%) is above the historical average (26.97%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2023 35.39% 4.07% 4.74x 1.84x ZAC589.13 Million
2024 14.88% 1.46% 5.62x 1.82x ZAC112.55 Million
2025 30.63% 3.51% 4.98x 1.75x ZAC630.05 Million

Industry Comparison

This section compares We Buy Cars Hlds Ltd's net assets metrics with peer companies in the Auto & Truck Dealerships industry.

Industry Context

  • Industry: Auto & Truck Dealerships
  • Average net assets among peers: $189,437,000
  • Average return on equity (ROE) among peers: 21.84%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
We Buy Cars Hlds Ltd (WBC) ZAC3.05 Billion 35.39% 0.75x $9.76 Million
Combined Motor Holdings Limited (CMH) $189.44 Million 21.84% 1.87x $1.44 Million