Fletcher Building Ltd PK
Fletcher Building Limited, together with its subsidiaries, engages in the manufacture and distribution of building products in New Zealand, Australia, and internationally. It operates through Building Products, Distribution, Concrete, Australia, Residential and Development, and Construction segments. The Building Products segment manufactures, distributes, and markets building products, including… Read more
Fletcher Building Ltd PK (FCREY) - Net Assets
Latest net assets as of December 2024: $3.92 Billion USD
Based on the latest financial reports, Fletcher Building Ltd PK (FCREY) has net assets worth $3.92 Billion USD as of December 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($8.41 Billion) and total liabilities ($4.49 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 | $3.92 Billion |
| % of Total Assets | 46.66% |
| Annual Growth Rate | 5.31% |
| 5-Year Change | -5.86% |
| 10-Year Change | -10.3% |
| Growth Volatility | 23.86 |
Fletcher Building Ltd PK - Net Assets Trend (1996–2024)
This chart illustrates how Fletcher Building Ltd PK's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Fletcher Building Ltd PK (1996–2024)
The table below shows the annual net assets of Fletcher Building Ltd PK from 1996 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-06-30 | $3.33 Billion | -9.49% |
| 2023-06-30 | $3.68 Billion | -2.34% |
| 2022-06-30 | $3.77 Billion | -0.16% |
| 2021-06-30 | $3.77 Billion | +6.68% |
| 2020-06-30 | $3.54 Billion | -15.29% |
| 2019-06-30 | $4.17 Billion | +0.75% |
| 2018-06-30 | $4.14 Billion | +15.70% |
| 2017-06-30 | $3.58 Billion | -3.58% |
| 2016-06-30 | $3.71 Billion | +0.08% |
| 2015-06-30 | $3.71 Billion | +7.41% |
| 2014-06-30 | $3.45 Billion | -2.81% |
| 2013-06-30 | $3.55 Billion | -1.36% |
| 2012-06-30 | $3.60 Billion | -2.62% |
| 2011-06-30 | $3.70 Billion | +22.39% |
| 2010-06-30 | $3.02 Billion | +1.10% |
| 2009-06-30 | $2.99 Billion | +8.49% |
| 2008-06-30 | $2.76 Billion | +20.03% |
| 2007-06-30 | $2.30 Billion | +27.56% |
| 2006-06-30 | $1.80 Billion | +21.21% |
| 2005-06-30 | $1.49 Billion | +32.83% |
| 2004-06-30 | $1.12 Billion | +30.15% |
| 2003-06-30 | $859.00 Million | +45.35% |
| 2002-06-30 | $591.00 Million | -25.19% |
| 2001-06-30 | $790.00 Million | -18.47% |
| 2000-06-30 | $969.00 Million | -26.54% |
| 1999-06-30 | $1.32 Billion | -5.58% |
| 1998-06-30 | $1.40 Billion | +94.03% |
| 1997-06-30 | $720.00 Million | -7.93% |
| 1996-06-30 | $782.00 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Fletcher Building Ltd PK'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 28800000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (June 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $288.00 Million | 8.68% |
| Common Stock | $3.00 Billion | 90.29% |
| Other Comprehensive Income | $34.00 Million | 1.03% |
| Total Equity | $3.32 Billion | 100.00% |
Fletcher Building Ltd PK Competitors by Market Cap
The table below lists competitors of Fletcher Building Ltd PK ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
ATL. BRV. HLDG. C DL-,001
F:E450
|
$2.05 Billion |
|
Optowide Technologies Co. Ltd. A
SHG:688195
|
$2.05 Billion |
|
Topgolf Callaway Brands Corp.
NYSE:MODG
|
$2.05 Billion |
|
CSG Systems International Inc
NASDAQ:CSGS
|
$2.05 Billion |
|
Fluidra S.A
OTCGREY:FLUIF
|
$2.04 Billion |
|
Chorus Ltd
AU:CNU
|
$2.04 Billion |
|
Guizhou Space Appliance Co Ltd
SHE:002025
|
$2.04 Billion |
|
OPERAD.D.SIT.MEX.A1 -01
F:98Y
|
$2.04 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Fletcher Building Ltd PK's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,650,000,000 to 3,317,000,000, a change of -333,000,000 (-9.1%).
- Net loss of 227,000,000 reduced equity.
- Dividend payments of 124,000,000 reduced retained earnings.
- Share repurchases of 78,000,000 reduced equity.
- New share issuances of 32,000,000 increased equity.
- Other comprehensive income increased equity by 11,000,000.
- Other factors increased equity by 53,000,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-227.00 Million | -6.84% |
| Dividends Paid | $124.00 Million | -3.74% |
| Share Repurchases | $78.00 Million | -2.35% |
| Share Issuances | $32.00 Million | +0.96% |
| Other Comprehensive Income | $11.00 Million | +0.33% |
| Other Changes | $53.00 Million | +1.6% |
| Total Change | $- | -9.12% |
Book Value vs Market Value Analysis
This analysis compares Fletcher Building Ltd PK'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: 0.38x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 1.69x to 0.38x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1996-06-30 | $1.89 | $3.18 | x |
| 1997-06-30 | $2.09 | $3.18 | x |
| 1998-06-30 | $2.36 | $3.18 | x |
| 1999-06-30 | $1.85 | $3.18 | x |
| 2000-06-30 | $1.89 | $3.18 | x |
| 2001-06-30 | $1.91 | $3.18 | x |
| 2002-06-30 | $1.37 | $3.18 | x |
| 2003-06-30 | $2.00 | $3.18 | x |
| 2004-06-30 | $2.62 | $3.18 | x |
| 2005-06-30 | $3.50 | $3.18 | x |
| 2006-06-30 | $4.26 | $3.18 | x |
| 2007-06-30 | $5.46 | $3.18 | x |
| 2008-06-30 | $6.59 | $3.18 | x |
| 2009-06-30 | $7.18 | $3.18 | x |
| 2010-06-30 | $7.25 | $3.18 | x |
| 2011-06-30 | $8.90 | $3.18 | x |
| 2012-06-30 | $8.67 | $3.18 | x |
| 2013-06-30 | $8.54 | $3.18 | x |
| 2014-06-30 | $8.30 | $3.18 | x |
| 2015-06-30 | $8.94 | $3.18 | x |
| 2016-06-30 | $8.96 | $3.18 | x |
| 2017-06-30 | $8.63 | $3.18 | x |
| 2018-06-30 | $10.00 | $3.18 | x |
| 2019-06-30 | $8.71 | $3.18 | x |
| 2020-06-30 | $8.38 | $3.18 | x |
| 2021-06-30 | $8.66 | $3.18 | x |
| 2022-06-30 | $9.10 | $3.18 | x |
| 2023-06-30 | $8.86 | $3.18 | x |
| 2024-06-30 | $8.47 | $3.18 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Fletcher Building Ltd PK 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): -6.84%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -2.95%
- • Asset Turnover: 0.87x
- • Equity Multiplier: 2.68x
- Recent ROE (-6.84%) is below the historical average (3.74%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1996 | 0.26% | 0.00% | 0.00x | 2.55x | $-75.70 Million |
| 1997 | -0.47% | 0.00% | 0.00x | 1.92x | $-90.00 Million |
| 1999 | 0.22% | 0.00% | 0.00x | 1.68x | $-90.80 Million |
| 2000 | 0.13% | 0.04% | 1.20x | 2.54x | $-76.70 Million |
| 2001 | -0.13% | -0.04% | 1.28x | 2.23x | $-79.80 Million |
| 2002 | -2.13% | -0.40% | 1.93x | 2.73x | $-68.40 Million |
| 2003 | -2.31% | -0.59% | 1.35x | 2.89x | $-101.30 Million |
| 2004 | -1.95% | -0.53% | 1.41x | 2.59x | $-128.80 Million |
| 2005 | -1.53% | -0.47% | 1.28x | 2.52x | $-166.20 Million |
| 2006 | -1.08% | -0.34% | 1.35x | 2.33x | $-194.60 Million |
| 2007 | 21.50% | 8.15% | 1.34x | 1.97x | $258.90 Million |
| 2008 | 17.20% | 6.59% | 1.14x | 2.30x | $195.50 Million |
| 2009 | -1.56% | -0.65% | 1.20x | 2.00x | $-341.80 Million |
| 2010 | 9.10% | 4.00% | 1.19x | 1.91x | $-26.90 Million |
| 2011 | 7.72% | 3.82% | 0.99x | 2.04x | $-83.60 Million |
| 2012 | 5.18% | 2.08% | 1.18x | 2.10x | $-172.10 Million |
| 2013 | 9.26% | 3.83% | 1.20x | 2.02x | $-25.90 Million |
| 2014 | 9.92% | 4.04% | 1.21x | 2.03x | $-2.90 Million |
| 2015 | 7.33% | 3.12% | 1.15x | 2.04x | $-98.30 Million |
| 2016 | 12.52% | 5.13% | 1.24x | 1.97x | $92.90 Million |
| 2017 | 2.64% | 1.00% | 1.22x | 2.16x | $-261.60 Million |
| 2018 | -4.61% | -2.01% | 1.11x | 2.07x | $-601.80 Million |
| 2019 | 3.96% | 1.97% | 1.08x | 1.86x | $-250.10 Million |
| 2020 | -5.60% | -2.68% | 0.83x | 2.51x | $-546.00 Million |
| 2021 | 8.12% | 3.76% | 1.01x | 2.13x | $-70.50 Million |
| 2022 | 11.52% | 5.08% | 1.01x | 2.25x | $57.00 Million |
| 2023 | 6.44% | 2.77% | 0.93x | 2.49x | $-130.00 Million |
| 2024 | -6.84% | -2.95% | 0.87x | 2.68x | $-558.70 Million |
Industry Comparison
This section compares Fletcher Building Ltd PK's net assets metrics with peer companies in the Building Materials industry.
Industry Context
- Industry: Building Materials
- Average net assets among peers: $78,983,864,921
- Average return on equity (ROE) among peers: -918.44%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Fletcher Building Ltd PK (FCREY) | $3.92 Billion | 0.26% | 1.14x | $2.04 Billion |
| Anhui Conch Cement Co Ltd (AHCHY) | $6.85 Billion | 5.94% | 1.81x | $19.28 Billion |
| Amrize Ltd (AMRZ) | $8.21 Billion | 13.50% | 1.52x | $27.46 Billion |
| Basanite Inc (BASA) | $181.76K | -9065.80% | 27.67x | $7.57 Million |
| PT Berkah Beton Sadaya Tbk (BHBSY) | $771.79 Billion | 15.93% | 0.06x | $360.00 Million |
| BRDNF (BRDNF) | $1.11 Billion | 9.50% | 0.69x | $1.54 Billion |
| Brickworks Limited (BRKWF) | $1.84 Billion | 4.25% | 0.37x | $1.23 Billion |
| Capstone Holding Corp. Common Stock (CAPS) | $-879.00K | 0.00% | 0.00x | $3.74 Million |
| Capstone Therapeutics Corp (CAPS) | $3.10 Million | -134.29% | 0.09x | $80.00K |
| Captivision Inc. (CAPT) | $-12.26 Million | 0.00% | 0.00x | $11.82 Million |
| China GengSheng Minerals Inc (CHGS) | $40.48 Million | -33.45% | 3.01x | $0.97 |