Associated British Foods plc
PINK:ASBFY
USA
Packaged Foods
Market Cap
$17.81 Billion
Market Cap Rank
#2291 Global
#1630 in USA
Share Price
$25.23
Change (1 day)
-3.44%
52-Week Range
$24.64 - $26.13
All Time High
$46.43
Categories
About
Associated British Foods plc engages in the food, ingredients, and retail businesses worldwide. It operates through five segments: Retail, Grocery, Ingredients, Sugar, and Agriculture. The Retail segment is involved in buying and merchandising clothing and accessories through the Primark and Penneys retail chains, which offer women's, men's, and kidswear, as well as beauty, homeware, and accessor… Read more
Associated British Foods plc (ASBFY) - Net Assets
Latest net assets as of June 2025: $11.19 Billion USD
Based on the latest financial reports, Associated British Foods plc (ASBFY) has net assets worth $11.19 Billion USD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($19.29 Billion) and total liabilities ($8.11 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 | $11.19 Billion |
| % of Total Assets | 57.99% |
| Annual Growth Rate | 6.41% |
| 5-Year Change | -3.19% |
| 10-Year Change | 18.51% |
| Growth Volatility | 8.52 |
Associated British Foods plc - Net Assets Trend (1985–2025)
This chart illustrates how Associated British Foods plc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Associated British Foods plc (1985–2025)
The table below shows the annual net assets of Associated British Foods plc from 1985 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-09-30 | $11.19 Billion | -0.82% |
| 2024-09-30 | $11.28 Billion | +0.76% |
| 2023-09-30 | $11.19 Billion | 0.00% |
| 2023-08-31 | $11.19 Billion | -3.12% |
| 2022-09-30 | $11.55 Billion | 0.00% |
| 2022-08-31 | $11.55 Billion | +15.49% |
| 2021-09-30 | $10.00 Billion | 0.00% |
| 2021-08-31 | $10.00 Billion | +5.99% |
| 2020-09-30 | $9.44 Billion | 0.00% |
| 2020-08-31 | $9.44 Billion | -1.16% |
| 2019-09-30 | $9.55 Billion | 0.00% |
| 2019-08-31 | $9.55 Billion | +2.73% |
| 2018-09-30 | $9.30 Billion | 0.00% |
| 2018-08-31 | $9.30 Billion | +10.51% |
| 2017-09-30 | $8.41 Billion | 0.00% |
| 2017-08-31 | $8.41 Billion | +18.11% |
| 2016-09-30 | $7.12 Billion | 0.00% |
| 2016-08-31 | $7.12 Billion | +8.72% |
| 2015-09-30 | $6.55 Billion | 0.00% |
| 2015-08-31 | $6.55 Billion | -2.99% |
| 2014-09-30 | $6.75 Billion | 0.00% |
| 2014-08-31 | $6.75 Billion | +3.94% |
| 2013-09-30 | $6.50 Billion | 0.00% |
| 2013-08-31 | $6.50 Billion | +4.44% |
| 2012-09-30 | $6.22 Billion | 0.00% |
| 2012-08-31 | $6.22 Billion | +0.74% |
| 2011-09-30 | $6.17 Billion | 0.00% |
| 2011-08-31 | $6.17 Billion | +7.50% |
| 2010-09-30 | $5.74 Billion | 0.00% |
| 2010-08-31 | $5.74 Billion | +13.16% |
| 2009-09-30 | $5.08 Billion | 0.00% |
| 2009-08-31 | $5.08 Billion | +4.79% |
| 2008-09-30 | $4.84 Billion | 0.00% |
| 2008-08-31 | $4.84 Billion | +8.51% |
| 2007-09-30 | $4.46 Billion | 0.00% |
| 2007-08-31 | $4.46 Billion | +6.74% |
| 2006-09-30 | $4.18 Billion | 0.00% |
| 2006-08-31 | $4.18 Billion | +7.87% |
| 2005-09-30 | $3.88 Billion | 0.00% |
| 2005-08-31 | $3.88 Billion | +12.77% |
| 2004-09-30 | $3.44 Billion | 0.00% |
| 2004-08-31 | $3.44 Billion | +4.28% |
| 2003-09-30 | $3.30 Billion | 0.00% |
| 2003-08-31 | $3.30 Billion | +7.53% |
| 2002-09-30 | $3.07 Billion | 0.00% |
| 2002-08-31 | $3.07 Billion | +7.02% |
| 2001-09-30 | $2.87 Billion | 0.00% |
| 2001-08-31 | $2.87 Billion | +0.84% |
| 2000-09-30 | $2.84 Billion | 0.00% |
| 2000-08-31 | $2.84 Billion | +3.20% |
| 1999-09-30 | $2.75 Billion | 0.00% |
| 1999-08-31 | $2.75 Billion | -10.12% |
| 1998-09-30 | $3.06 Billion | 0.00% |
| 1998-08-31 | $3.06 Billion | +2.51% |
| 1997-09-30 | $2.99 Billion | 0.00% |
| 1997-08-31 | $2.99 Billion | +18.29% |
| 1996-09-30 | $2.53 Billion | 0.00% |
| 1996-08-31 | $2.53 Billion | +8.74% |
| 1995-09-30 | $2.32 Billion | 0.00% |
| 1995-08-31 | $2.32 Billion | +8.40% |
| 1994-09-30 | $2.14 Billion | 0.00% |
| 1994-08-31 | $2.14 Billion | +11.50% |
| 1993-09-30 | $1.92 Billion | 0.00% |
| 1993-08-31 | $1.92 Billion | +10.27% |
| 1992-09-30 | $1.74 Billion | 0.00% |
| 1992-08-31 | $1.74 Billion | +4.02% |
| 1991-09-30 | $1.68 Billion | 0.00% |
| 1991-08-31 | $1.68 Billion | -14.39% |
| 1990-08-31 | $1.96 Billion | 0.00% |
| 1989-09-30 | $1.96 Billion | +12.92% |
| 1989-08-31 | $1.73 Billion | 0.00% |
| 1988-09-30 | $1.73 Billion | +11.52% |
| 1988-08-31 | $1.55 Billion | 0.00% |
| 1987-09-30 | $1.55 Billion | +4.13% |
| 1987-08-31 | $1.49 Billion | 0.00% |
| 1986-09-30 | $1.49 Billion | +60.14% |
| 1986-08-31 | $932.00 Million | 0.00% |
| 1985-09-30 | $932.00 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Associated British Foods plc'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 1258.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (September 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $11.38 Billion | 102.88% |
| Common Stock | $40.00 Million | 0.36% |
| Other Comprehensive Income | $-359.26 Million | -3.25% |
| Other Components | $263.84K | 0.00% |
| Total Equity | $11.06 Billion | 100.00% |
Associated British Foods plc Competitors by Market Cap
The table below lists competitors of Associated British Foods plc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
QuantumCTek Co Ltd
SHG:688027
|
$6.60 Billion |
|
El Puerto de Liverpool S.A.B. de C.V
PINK:ELPQF
|
$6.60 Billion |
|
Fortum Oyj
PINK:FOJCF
|
$6.61 Billion |
|
Alstom SA
PINK:AOMFF
|
$6.62 Billion |
|
Timken Company
NYSE:TKR
|
$6.59 Billion |
|
Shandong Nanshan Aluminium Co Ltd
SHG:600219
|
$6.59 Billion |
|
Osisko Gold Royalties Ltd.
LSE:0VBE
|
$6.59 Billion |
|
Unisplendour Corp Ltd
SHE:000938
|
$6.59 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Associated British Foods plc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 11,186,000,000 to 11,059,000,000, a change of -127,000,000 (-1.1%).
- Net income of 1,025,000,000 contributed positively to equity growth.
- Dividend payments of 656,000,000 reduced retained earnings.
- Share repurchases of 629,000,000 reduced equity.
- Other comprehensive income decreased equity by 108,263,842.
- Other factors increased equity by 241,263,842.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $1.02 Billion | +9.27% |
| Dividends Paid | $656.00 Million | -5.93% |
| Share Repurchases | $629.00 Million | -5.69% |
| Other Comprehensive Income | $-108.26 Million | -0.98% |
| Other Changes | $241.26 Million | +2.18% |
| Total Change | $- | -1.14% |
Book Value vs Market Value Analysis
This analysis compares Associated British Foods plc'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: 1.67x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 19.27x to 1.67x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1985-09-30 | $1.31 | $25.23 | x |
| 1986-08-31 | $1.31 | $25.23 | x |
| 1986-09-30 | $1.99 | $25.23 | x |
| 1987-08-31 | $1.99 | $25.23 | x |
| 1987-09-30 | $1.95 | $25.23 | x |
| 1988-08-31 | $1.95 | $25.23 | x |
| 1988-09-30 | $2.16 | $25.23 | x |
| 1989-08-31 | $2.16 | $25.23 | x |
| 1989-09-30 | $2.44 | $25.23 | x |
| 1990-08-31 | $2.44 | $25.23 | x |
| 1991-08-31 | $2.07 | $25.23 | x |
| 1991-09-30 | $2.07 | $25.23 | x |
| 1992-08-31 | $2.16 | $25.23 | x |
| 1992-09-30 | $2.16 | $25.23 | x |
| 1993-08-31 | $2.38 | $25.23 | x |
| 1993-09-30 | $2.38 | $25.23 | x |
| 1994-08-31 | $2.64 | $25.23 | x |
| 1994-09-30 | $2.64 | $25.23 | x |
| 1995-08-31 | $2.85 | $25.23 | x |
| 1995-09-30 | $2.85 | $25.23 | x |
| 1996-08-31 | $3.10 | $25.23 | x |
| 1996-09-30 | $3.10 | $25.23 | x |
| 1997-08-31 | $3.68 | $25.23 | x |
| 1997-09-30 | $3.68 | $25.23 | x |
| 1998-08-31 | $3.80 | $25.23 | x |
| 1998-09-30 | $3.80 | $25.23 | x |
| 1999-08-31 | $3.11 | $25.23 | x |
| 1999-09-30 | $3.11 | $25.23 | x |
| 2000-08-31 | $3.50 | $25.23 | x |
| 2000-09-30 | $3.50 | $25.23 | x |
| 2001-08-31 | $3.54 | $25.23 | x |
| 2001-09-30 | $3.54 | $25.23 | x |
| 2002-08-31 | $3.79 | $25.23 | x |
| 2002-09-30 | $3.79 | $25.23 | x |
| 2003-08-31 | $4.19 | $25.23 | x |
| 2003-09-30 | $4.19 | $25.23 | x |
| 2004-08-31 | $4.40 | $25.23 | x |
| 2004-09-30 | $4.40 | $25.23 | x |
| 2005-08-31 | $4.88 | $25.23 | x |
| 2005-09-30 | $4.88 | $25.23 | x |
| 2006-08-31 | $5.01 | $25.23 | x |
| 2006-09-30 | $5.01 | $25.23 | x |
| 2007-08-31 | $5.37 | $25.23 | x |
| 2007-09-30 | $5.37 | $25.23 | x |
| 2008-08-31 | $5.76 | $25.23 | x |
| 2008-09-30 | $5.76 | $25.23 | x |
| 2009-08-31 | $6.02 | $25.23 | x |
| 2009-09-30 | $6.02 | $25.23 | x |
| 2010-08-31 | $6.72 | $25.23 | x |
| 2010-09-30 | $6.72 | $25.23 | x |
| 2011-08-31 | $7.29 | $25.23 | x |
| 2011-09-30 | $7.29 | $25.23 | x |
| 2012-08-31 | $7.39 | $25.23 | x |
| 2012-09-30 | $7.39 | $25.23 | x |
| 2013-08-31 | $7.76 | $25.23 | x |
| 2013-09-30 | $7.76 | $25.23 | x |
| 2014-08-31 | $8.15 | $25.23 | x |
| 2014-09-30 | $8.15 | $25.23 | x |
| 2015-08-31 | $8.02 | $25.23 | x |
| 2015-09-30 | $8.02 | $25.23 | x |
| 2016-08-31 | $8.92 | $25.23 | x |
| 2016-09-30 | $8.92 | $25.23 | x |
| 2017-08-31 | $10.56 | $25.23 | x |
| 2017-09-30 | $10.56 | $25.23 | x |
| 2018-08-31 | $11.66 | $25.23 | x |
| 2018-09-30 | $11.66 | $25.23 | x |
| 2019-08-31 | $11.96 | $25.23 | x |
| 2019-09-30 | $11.96 | $25.23 | x |
| 2020-08-31 | $11.84 | $25.23 | x |
| 2020-09-30 | $11.84 | $25.23 | x |
| 2021-08-31 | $12.56 | $25.23 | x |
| 2021-09-30 | $12.56 | $25.23 | x |
| 2022-08-31 | $14.51 | $25.23 | x |
| 2022-09-30 | $14.51 | $25.23 | x |
| 2023-08-31 | $14.26 | $25.23 | x |
| 2023-09-30 | $14.26 | $25.23 | x |
| 2024-09-30 | $14.89 | $25.23 | x |
| 2025-09-30 | $15.11 | $25.23 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Associated British Foods plc 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): 9.27%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.27%
- • Asset Turnover: 1.01x
- • Equity Multiplier: 1.74x
- Recent ROE (9.27%) is below the historical average (10.58%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1985 | 12.19% | 3.57% | 2.08x | 1.64x | $20.09 Million |
| 1986 | 12.19% | 3.57% | 2.08x | 1.64x | $20.09 Million |
| 1986 | 30.56% | 20.50% | 1.13x | 1.32x | $303.69 Million |
| 1987 | 30.56% | 20.50% | 1.13x | 1.32x | $303.69 Million |
| 1987 | 7.11% | 4.79% | 1.13x | 1.32x | $-44.16 Million |
| 1988 | 7.11% | 4.79% | 1.13x | 1.32x | $-44.16 Million |
| 1988 | 11.53% | 7.86% | 1.13x | 1.30x | $26.06 Million |
| 1989 | 11.53% | 7.86% | 1.13x | 1.30x | $26.06 Million |
| 1989 | 13.89% | 9.63% | 1.12x | 1.29x | $74.80 Million |
| 1990 | 13.89% | 9.63% | 1.12x | 1.29x | $74.80 Million |
| 1991 | 11.84% | 3.97% | 1.76x | 1.69x | $30.04 Million |
| 1991 | 11.84% | 3.97% | 1.76x | 1.69x | $30.04 Million |
| 1992 | 9.72% | 4.20% | 1.44x | 1.61x | $-4.70 Million |
| 1992 | 9.72% | 4.20% | 1.44x | 1.61x | $-4.70 Million |
| 1993 | 12.14% | 5.20% | 1.49x | 1.57x | $40.20 Million |
| 1993 | 12.14% | 5.20% | 1.49x | 1.57x | $40.20 Million |
| 1994 | 14.74% | 6.82% | 1.41x | 1.53x | $99.00 Million |
| 1994 | 14.74% | 6.82% | 1.41x | 1.53x | $99.00 Million |
| 1995 | 11.07% | 5.11% | 1.45x | 1.50x | $24.20 Million |
| 1995 | 11.07% | 5.11% | 1.45x | 1.50x | $24.20 Million |
| 1996 | 11.33% | 4.87% | 1.56x | 1.49x | $32.70 Million |
| 1996 | 11.33% | 4.87% | 1.56x | 1.49x | $32.70 Million |
| 1997 | 23.35% | 13.09% | 1.30x | 1.37x | $389.30 Million |
| 1997 | 23.35% | 13.09% | 1.30x | 1.37x | $389.30 Million |
| 1998 | 8.84% | 6.32% | 1.05x | 1.34x | $-34.70 Million |
| 1998 | 8.84% | 6.32% | 1.05x | 1.34x | $-34.70 Million |
| 1999 | 6.88% | 4.28% | 1.16x | 1.38x | $-83.40 Million |
| 1999 | 6.88% | 4.28% | 1.16x | 1.38x | $-83.40 Million |
| 2000 | 4.99% | 3.13% | 1.14x | 1.40x | $-138.30 Million |
| 2000 | 4.99% | 3.13% | 1.14x | 1.40x | $-138.30 Million |
| 2001 | 8.71% | 5.50% | 1.13x | 1.40x | $-36.00 Million |
| 2001 | 8.71% | 5.50% | 1.13x | 1.40x | $-36.00 Million |
| 2002 | 10.77% | 7.08% | 1.04x | 1.47x | $22.90 Million |
| 2002 | 10.77% | 7.08% | 1.04x | 1.47x | $22.90 Million |
| 2003 | 9.87% | 6.64% | 1.04x | 1.43x | $-4.40 Million |
| 2003 | 9.87% | 6.64% | 1.04x | 1.43x | $-4.40 Million |
| 2004 | 9.86% | 6.62% | 1.06x | 1.40x | $-4.90 Million |
| 2004 | 9.86% | 6.62% | 1.06x | 1.40x | $-4.90 Million |
| 2005 | 9.85% | 6.74% | 0.93x | 1.58x | $-5.80 Million |
| 2005 | 9.85% | 6.74% | 0.93x | 1.58x | $-5.80 Million |
| 2006 | 7.60% | 5.02% | 0.92x | 1.64x | $-94.80 Million |
| 2006 | 7.60% | 5.02% | 0.92x | 1.64x | $-94.80 Million |
| 2007 | 8.69% | 5.43% | 0.97x | 1.64x | $-55.40 Million |
| 2007 | 8.69% | 5.43% | 0.97x | 1.64x | $-55.40 Million |
| 2008 | 7.84% | 4.34% | 1.01x | 1.79x | $-98.40 Million |
| 2008 | 7.84% | 4.34% | 1.01x | 1.79x | $-98.40 Million |
| 2009 | 7.56% | 3.88% | 1.02x | 1.90x | $-115.80 Million |
| 2009 | 7.56% | 3.88% | 1.02x | 1.90x | $-115.80 Million |
| 2010 | 10.32% | 5.37% | 1.09x | 1.75x | $16.70 Million |
| 2010 | 10.32% | 5.37% | 1.09x | 1.75x | $16.70 Million |
| 2011 | 9.41% | 4.89% | 1.08x | 1.77x | $-33.80 Million |
| 2011 | 9.41% | 4.89% | 1.08x | 1.77x | $-33.80 Million |
| 2012 | 9.51% | 4.53% | 1.20x | 1.76x | $-28.40 Million |
| 2012 | 9.51% | 4.53% | 1.20x | 1.76x | $-28.40 Million |
| 2013 | 9.64% | 4.44% | 1.29x | 1.69x | $-22.30 Million |
| 2013 | 9.64% | 4.44% | 1.29x | 1.69x | $-22.30 Million |
| 2014 | 11.84% | 5.89% | 1.24x | 1.63x | $118.30 Million |
| 2014 | 11.84% | 5.89% | 1.24x | 1.63x | $118.30 Million |
| 2015 | 8.40% | 4.16% | 1.25x | 1.62x | $-101.60 Million |
| 2015 | 8.40% | 4.16% | 1.25x | 1.62x | $-101.60 Million |
| 2016 | 11.60% | 6.10% | 1.18x | 1.61x | $112.60 Million |
| 2016 | 11.60% | 6.10% | 1.18x | 1.61x | $112.60 Million |
| 2017 | 14.37% | 7.80% | 1.20x | 1.54x | $364.10 Million |
| 2017 | 14.37% | 7.80% | 1.20x | 1.54x | $364.10 Million |
| 2018 | 10.93% | 6.47% | 1.14x | 1.49x | $85.90 Million |
| 2018 | 10.93% | 6.47% | 1.14x | 1.49x | $85.90 Million |
| 2019 | 9.29% | 5.55% | 1.15x | 1.46x | $-67.20 Million |
| 2019 | 9.29% | 5.55% | 1.15x | 1.46x | $-67.20 Million |
| 2020 | 4.86% | 3.26% | 0.84x | 1.78x | $-480.50 Million |
| 2020 | 4.86% | 3.26% | 0.84x | 1.78x | $-480.50 Million |
| 2021 | 4.82% | 3.44% | 0.82x | 1.70x | $-514.10 Million |
| 2021 | 4.82% | 3.44% | 0.82x | 1.70x | $-514.10 Million |
| 2022 | 6.11% | 4.12% | 0.86x | 1.73x | $-444.80 Million |
| 2022 | 6.11% | 4.12% | 0.86x | 1.73x | $-444.80 Million |
| 2023 | 9.41% | 5.29% | 1.05x | 1.70x | $-65.30 Million |
| 2023 | 9.41% | 5.29% | 1.05x | 1.70x | $-65.30 Million |
| 2024 | 13.01% | 7.25% | 1.06x | 1.70x | $336.40 Million |
| 2025 | 9.27% | 5.27% | 1.01x | 1.74x | $-80.90 Million |
Industry Comparison
This section compares Associated British Foods plc's net assets metrics with peer companies in the Packaged Foods industry.
Industry Context
- Industry: Packaged Foods
- Average net assets among peers: $5,681,533,529
- Average return on equity (ROE) among peers: 0.04%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Associated British Foods plc (ASBFY) | $11.19 Billion | 12.19% | 0.72x | $6.60 Billion |
| Above Food Ingredients Inc. Common Stock (ABVE) | $30.90K | -3.31% | 7.66x | $18.76 Million |
| The a2 Milk Company Limited (ACOPF) | $7.27 Million | -30.19% | 0.14x | $3.91 Billion |
| Ayujoy Herbals Ltd (AJOY) | $22.20 Million | 29.29% | 0.00x | $95.71 |
| Alfa S.A.B. de C.V (ALFFF) | $53.35 Billion | 7.36% | 3.80x | $2.16 Billion |
| Amincor Inc (AMNCB) | $34.44 Million | -63.76% | 0.81x | $2.24K |
| Armanino Foods New (AMNF) | $21.40 Million | 30.30% | 0.33x | $72.33K |
| Amira Nature Foods Ltd (ANFIF) | $303.22 Million | 8.27% | 0.89x | $128.79 |
| AAK AB (publ.) (ARHUF) | $2.44 Billion | 12.85% | 2.63x | $5.07 Billion |
| Artisan Consumer Goods Inc (ARRT) | $-326.75K | 0.00% | 0.00x | $279.39K |
| ARYZTA AG (ARZTF) | $632.10 Million | 9.58% | 2.04x | $53.13 Million |