Centuria Capital Group, an investment manager, markets and manages investment products primarily in Australia. It operates through Property Funds Management, Co- Investments, Developments, Property and Development Finance, Investment Bonds Management, and Corporate segments. The Property Funds Management segment manages listed and unlisted property funds. The Co-Investments segment holds interest in property funds, properties held for sale, and other liquid investments. The Developments segment engages in the management of developmen… Read more
Centuria Capital Group (CNECF) - Net Assets
Latest net assets as of June 2024: $1.48 Billion USD
Based on the latest financial reports, Centuria Capital Group (CNECF) has net assets worth $1.48 Billion USD as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($3.41 Billion) and total liabilities ($1.93 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
| Current Net Assets | $1.48 Billion | % of Total Assets | 43.42% |
|---|---|---|---|
| Annual Growth Rate | 15.71% | 5-Year Change | 78.01% |
| 10-Year Change | 1144.86% | Growth Volatility | 38.98 |
Centuria Capital Group - Net Assets Trend (2001–2024)
This chart illustrates how Centuria Capital Group's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Centuria Capital Group (2001–2024)
The table below shows the annual net assets of Centuria Capital Group from 2001 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-06-30 | $1.48 Billion | +4.35% |
| 2023-06-30 | $1.42 Billion | -1.08% |
| 2022-06-30 | $1.43 Billion | -8.73% |
| 2021-06-30 | $1.57 Billion | +88.92% |
| 2020-06-30 | $831.15 Million | +50.74% |
| 2019-06-30 | $551.37 Million | +24.98% |
| 2018-06-30 | $441.16 Million | +29.01% |
| 2017-06-30 | $341.95 Million | +167.85% |
| 2016-06-30 | $127.67 Million | +7.42% |
| 2015-06-30 | $118.85 Million | +13.68% |
| 2014-06-30 | $104.55 Million | +9.58% |
| 2013-06-30 | $95.41 Million | +5.57% |
| 2012-06-30 | $90.38 Million | -0.12% |
| 2011-06-30 | $90.48 Million | -5.40% |
| 2010-06-30 | $95.64 Million | +21.93% |
| 2009-06-30 | $78.44 Million | -15.34% |
| 2008-06-30 | $92.65 Million | -11.52% |
| 2007-06-30 | $104.72 Million | +15.66% |
| 2006-06-30 | $90.54 Million | +3.56% |
| 2005-06-30 | $87.43 Million | -13.85% |
| 2004-06-30 | $101.49 Million | +41.39% |
| 2003-06-30 | $71.78 Million | +23.52% |
| 2002-06-30 | $58.11 Million | +12.69% |
| 2001-06-30 | $51.57 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Centuria Capital Group'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 599.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (June 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $360.93 Million | 45.75% |
| Common Stock | $415.34 Million | 52.65% |
| Other Comprehensive Income | $12.57 Million | 1.59% |
| Total Equity | $788.83 Million | 100.00% |
Centuria Capital Group Competitors by Market Cap
The table below lists competitors of Centuria Capital Group ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Rush Street Interactive Inc
NYSE:RSI
|
$708.12 Million |
|
Mesoblast Limited
F:LWB
|
$708.24 Million |
|
Karnov Group AB
ST:KAR
|
$708.58 Million |
|
Telekom Austria AG
VI:TKA
|
$708.59 Million |
|
Spyre Therapeutics Inc.
NASDAQ:SYRE
|
$707.74 Million |
|
Stabilus S.A
PINK:SIUAF
|
$707.65 Million |
|
Sdiptech AB (publ)
PINK:SDTHF
|
$707.59 Million |
|
Guomai Technologies Inc
SHE:002093
|
$707.54 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Centuria Capital Group's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,414,414,000 to 788,831,000, a change of -625,583,000 (-44.2%).
- Net income of 73,209,000 contributed positively to equity growth.
- Dividend payments of 86,168,000 reduced retained earnings.
- Share repurchases of 161,000 reduced equity.
- New share issuances of 13,265,000 increased equity.
- Other comprehensive income increased equity by 2,504,000.
- Other factors decreased equity by 628,232,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $73.21 Million | +9.28% |
| Dividends Paid | $86.17 Million | -10.92% |
| Share Repurchases | $161.00K | -0.02% |
| Share Issuances | $13.27 Million | +1.68% |
| Other Comprehensive Income | $2.50 Million | +0.32% |
| Other Changes | $-628.23 Million | -79.64% |
| Total Change | $ -625.58 Million | -44.23% |
Book Value vs Market Value Analysis
This analysis compares Centuria Capital Group's book value (net assets per share) with its market price over time, revealing how the market values the company relative to its accounting value.
Valuation Insights
- Current price-to-book ratio: 1.07x
- 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 11.35x to 1.07x over the analyzed period, indicating reduced market premium.
Price-to-Book Ratio History
| Year | Book Value Per Share | Market Price | Price-to-Book Ratio |
|---|---|---|---|
| 2001 | $0.09 | $1.03 | 11.35x |
| 2002 | $0.10 | $1.03 | 10.07x |
| 2003 | $0.13 | $1.03 | 8.15x |
| 2004 | $0.15 | $1.03 | 6.94x |
| 2005 | $0.15 | $1.03 | 6.69x |
| 2006 | $0.16 | $1.03 | 6.46x |
| 2007 | $0.18 | $1.03 | 5.59x |
| 2008 | $0.17 | $1.03 | 6.01x |
| 2009 | $0.14 | $1.03 | 7.46x |
| 2010 | $0.17 | $1.03 | 6.12x |
| 2011 | $0.16 | $1.03 | 6.47x |
| 2012 | $0.16 | $1.03 | 6.47x |
| 2013 | $0.17 | $1.03 | 6.13x |
| 2014 | $0.18 | $1.03 | 5.60x |
| 2015 | $0.19 | $1.03 | 5.37x |
| 2016 | $0.21 | $1.03 | 4.96x |
| 2017 | $0.16 | $1.03 | 6.46x |
| 2018 | $0.23 | $1.03 | 4.55x |
| 2019 | $0.25 | $1.03 | 4.10x |
| 2020 | $1.29 | $1.03 | 0.80x |
| 2021 | $2.55 | $1.03 | 0.40x |
| 2022 | $1.76 | $1.03 | 0.59x |
| 2023 | $1.75 | $1.03 | 0.59x |
| 2024 | $0.97 | $1.03 | 1.07x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Centuria Capital Group 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): 9.28%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 22.39%
- • Asset Turnover: 0.10x
- • Equity Multiplier: 4.32x
- Recent ROE (9.28%) is above the historical average (5.90%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2001 | 19.86% | 73.77% | 0.25x | 1.08x | $5.09 Million |
| 2002 | 11.73% | 21300.00% | 0.00x | 1.10x | $1.00 Million |
| 2003 | 9.91% | 102.11% | 0.06x | 1.65x | $-68.10K |
| 2004 | -0.33% | -0.99% | 0.19x | 1.75x | $-8.71 Million |
| 2005 | -1.19% | -4.03% | 0.19x | 1.60x | $-9.79 Million |
| 2006 | 8.07% | 17.74% | 0.04x | 11.30x | $-1.75 Million |
| 2007 | 7.23% | 15.25% | 0.05x | 10.06x | $-2.90 Million |
| 2008 | -2.78% | -2.99% | 0.09x | 10.93x | $-12.44 Million |
| 2009 | -16.39% | -65.40% | 0.02x | 12.24x | $-20.70 Million |
| 2010 | 6.61% | 38.37% | 0.02x | 9.24x | $-3.25 Million |
| 2011 | -3.20% | 0.00% | -0.05x | 9.18x | $-11.94 Million |
| 2012 | 2.18% | 70.70% | 0.00x | 8.59x | $-7.07 Million |
| 2013 | 7.69% | 22.83% | 0.04x | 7.52x | $-2.20 Million |
| 2014 | 8.68% | 30.24% | 0.04x | 6.38x | $-1.38 Million |
| 2015 | 7.87% | 14.47% | 0.11x | 5.06x | $-2.32 Million |
| 2016 | 10.43% | 23.04% | 0.09x | 4.88x | $506.10K |
| 2017 | 6.07% | 4.32% | 0.12x | 11.51x | $-3.56 Million |
| 2018 | 19.07% | 18.24% | 0.12x | 8.85x | $11.67 Million |
| 2019 | 13.74% | 16.91% | 0.09x | 8.96x | $5.34 Million |
| 2020 | 2.88% | 13.00% | 0.10x | 2.18x | $-52.20 Million |
| 2021 | 9.51% | 62.66% | 0.09x | 1.70x | $-7.37 Million |
| 2022 | -2.72% | -12.63% | 0.11x | 1.91x | $-176.83 Million |
| 2023 | 7.49% | 28.62% | 0.16x | 1.65x | $-35.52 Million |
| 2024 | 9.28% | 22.39% | 0.10x | 4.32x | $-5.67 Million |
Industry Comparison
This section compares Centuria Capital Group's net assets metrics with peer companies in the REIT - Diversified industry.
Industry Context
- Industry: REIT - Diversified
- Average net assets among peers: $1,491,879,000
- Average return on equity (ROE) among peers: 5.32%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Centuria Capital Group (CNECF) | $1.48 Billion | 19.86% | 1.30x | $708.11 Million |
| American Assets Trust Inc (AAT) | $828.93 Million | 6.50% | 1.39x | $1.06 Billion |
| Armada Hflr Pr (AHH) | $-37.40 Million | 0.00% | 0.00x | $548.02 Million |
| Precinct Properties New Zealand Limited (AOTUF) | $457.85 Million | 12.20% | 0.26x | $1.05 Billion |
| Artis REIT (ARESF) | $2.23 Billion | -0.24% | 1.04x | $419.68 Million |
| Ascott Residence Trust (ATTRF) | $2.67 Billion | 6.19% | 0.77x | $1.68 Billion |
| Broadstone Net Lease Inc (BNL) | $2.48 Billion | 2.06% | 0.72x | $3.04 Billion |
| British Land Company Plc (BRLAF) | $828.60 Million | 2.90% | 1.17x | $5.23 Billion |
| Icade SA (CDMGF) | $1.79 Billion | 12.62% | 1.52x | $699.41 Million |
| Charter Hall Long WALE REIT (CHLWF) | $2.19 Billion | 5.60% | 0.41x | $1.04 Billion |