Atlas Honda Ltd
Atlas Honda Ltd operates in Automotive Parts & Equipment.
Atlas Honda Ltd (ATLH) - Net Assets
Latest net assets as of June 2024: PKRs28.52 Billion PKR
Based on the latest financial reports, Atlas Honda Ltd (ATLH) has net assets worth PKRs28.52 Billion PKR as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (PKRs69.11 Billion) and total liabilities (PKRs40.59 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 | PKRs28.52 Billion |
| % of Total Assets | 41.27% |
| Annual Growth Rate | 11.7% |
| 5-Year Change | 73.5% |
| 10-Year Change | N/A |
| Growth Volatility | 8.99 |
Atlas Honda Ltd - Net Assets Trend (2017–2024)
This chart illustrates how Atlas Honda 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 Atlas Honda Ltd (2017–2024)
The table below shows the annual net assets of Atlas Honda Ltd from 2017 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-03-31 | PKRs28.77 Billion | +26.28% |
| 2023-03-31 | PKRs22.78 Billion | +8.33% |
| 2022-03-31 | PKRs21.03 Billion | +12.87% |
| 2021-03-31 | PKRs18.63 Billion | +12.36% |
| 2020-03-31 | PKRs16.58 Billion | +7.90% |
| 2019-03-31 | PKRs15.37 Billion | -3.97% |
| 2018-03-31 | PKRs16.00 Billion | +20.69% |
| 2017-03-31 | PKRs13.26 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Atlas Honda 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 198.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | PKRs17.99 Billion | 62.55% |
| Other Components | PKRs10.77 Billion | 37.45% |
| Total Equity | PKRs28.77 Billion | 100.00% |
Atlas Honda Ltd Competitors by Market Cap
The table below lists competitors of Atlas Honda Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
GABATHER AB (PUBL) SK-44
F:5J2
|
$48.15K |
|
Phoenix Solar Aktiengesellschaft
HM:PS4
|
$48.17K |
|
Central Natural Resources Inc
PINK:CTNR
|
$48.19K |
|
TRIPLEPOINT VEN.GR.DL-01
F:6JS
|
$48.21K |
|
180060
KO:180060
|
$48.14K |
|
EMBASSY OFFICE PARKS REIT UNITS
NSE:EMBASSY
|
$48.12K |
|
B.M.P. PHARMA TRAD (BMP.SG)
STU:BMP
|
$48.09K |
|
KAPSCH (BZ6.SG)
STU:BZ6
|
$48.06K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Atlas Honda Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 22,779,942,000 to 28,767,569,000, a change of 5,987,627,000 (26.3%).
- Net income of 9,708,045,000 contributed positively to equity growth.
- Dividend payments of 4,092,090,000 reduced retained earnings.
- Other factors increased equity by 371,672,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | PKRs9.71 Billion | +33.75% |
| Dividends Paid | PKRs4.09 Billion | -14.22% |
| Other Changes | PKRs371.67 Million | +1.29% |
| Total Change | PKRs- | 26.28% |
Book Value vs Market Value Analysis
This analysis compares Atlas Honda 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: 6.35x
- 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 13.78x to 6.35x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-03-31 | PKRs106.84 | PKRs1471.98 | x |
| 2018-03-31 | PKRs128.95 | PKRs1471.98 | x |
| 2019-03-31 | PKRs123.83 | PKRs1471.98 | x |
| 2020-03-31 | PKRs133.62 | PKRs1471.98 | x |
| 2021-03-31 | PKRs150.14 | PKRs1471.98 | x |
| 2022-03-31 | PKRs169.46 | PKRs1471.98 | x |
| 2023-03-31 | PKRs183.58 | PKRs1471.98 | x |
| 2024-03-31 | PKRs231.83 | PKRs1471.98 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Atlas Honda 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): 33.75%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.09%
- • Asset Turnover: 2.10x
- • Equity Multiplier: 2.64x
- Recent ROE (33.75%) is above the historical average (24.81%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 28.30% | 5.81% | 2.52x | 1.93x | PKRs2.43 Billion |
| 2018 | 29.15% | 6.02% | 2.43x | 1.99x | PKRs3.06 Billion |
| 2019 | 20.88% | 3.89% | 2.58x | 2.08x | PKRs1.67 Billion |
| 2020 | 18.57% | 3.63% | 2.73x | 1.87x | PKRs1.42 Billion |
| 2021 | 19.30% | 3.86% | 2.16x | 2.31x | PKRs1.73 Billion |
| 2022 | 26.56% | 4.23% | 2.78x | 2.26x | PKRs3.48 Billion |
| 2023 | 21.97% | 3.69% | 1.93x | 3.07x | PKRs2.73 Billion |
| 2024 | 33.75% | 6.09% | 2.10x | 2.64x | PKRs6.83 Billion |
Industry Comparison
This section compares Atlas Honda Ltd's net assets metrics with peer companies in the Automobiles & Auto Parts industry.
Industry Context
- Industry: Automobiles & Auto Parts
- Average net assets among peers: $17,540,198,200
- Average return on equity (ROE) among peers: 11.33%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Atlas Honda Ltd (ATLH) | PKRs28.52 Billion | 28.30% | 1.42x | $48.14K |
| Agriauto Industries Ltd (AGIL) | $5.11 Billion | -2.12% | 0.21x | $4.62K |
| Ghandhara Industries Ltd (GHNI) | $8.22 Billion | 2.18% | 1.01x | $21.69K |
| Ghandhara Tyre and Rubber Company Ltd (GTYR) | $3.80 Billion | 23.22% | 1.27x | $816.87 |
| Honda Atlas Cars (Pakistan) Ltd (HCAR) | $16.56 Billion | 4.12% | 0.92x | $5.27K |
| Indus Motor Company Ltd (INDU) | $54.01 Billion | 29.26% | 2.96x | $61.58K |