Freightways Limited
Freightways Group Limited provides express package and business mail, and information management services in New Zealand, Australia, and internationally. It operates through Express Package and Business Mail, Information Management, and Corporate and Other segments. The company provides network courier services under the New Zealand Couriers, Post Haste Couriers, Castle Parcels, Allied Express, a… Read more
Freightways Limited (FTWYF) - Net Assets
Latest net assets as of June 2024: $467.40 Million USD
Based on the latest financial reports, Freightways Limited (FTWYF) has net assets worth $467.40 Million USD as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.40 Billion) and total liabilities ($932.82 Million). 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 | $467.40 Million |
| % of Total Assets | 33.38% |
| Annual Growth Rate | 8.71% |
| 5-Year Change | 46.52% |
| 10-Year Change | 132.7% |
| Growth Volatility | 8.66 |
Freightways Limited - Net Assets Trend (2014–2025)
This chart illustrates how Freightways Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Freightways Limited (2014–2025)
The table below shows the annual net assets of Freightways Limited from 2014 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | $499.97 Million | +1.56% |
| 2024-06-30 | $492.27 Million | +3.29% |
| 2023-06-30 | $476.60 Million | +33.65% |
| 2022-06-30 | $356.61 Million | +4.51% |
| 2021-06-30 | $341.22 Million | +7.72% |
| 2020-06-30 | $316.78 Million | +15.61% |
| 2019-06-30 | $274.01 Million | +6.11% |
| 2018-06-30 | $258.22 Million | +9.15% |
| 2017-06-30 | $236.57 Million | +10.11% |
| 2016-06-30 | $214.86 Million | +3.10% |
| 2015-06-30 | $208.39 Million | +4.49% |
| 2014-06-30 | $199.44 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Freightways Limited'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 132.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $202.46 Million | 40.53% |
| Other Components | $297.08 Million | 59.47% |
| Total Equity | $499.54 Million | 100.00% |
Freightways Limited Competitors by Market Cap
The table below lists competitors of Freightways Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Lingyun Ind
SHG:600480
|
$927.46 Million |
|
Uxi Unicomp Technology Co. Ltd. A
SHG:688531
|
$927.59 Million |
|
Ficont Industry (Beijing) Co. Ltd.
SHG:605305
|
$927.68 Million |
|
Norwegian Air Shuttle ASA
PINK:NWARF
|
$927.92 Million |
|
Middlesex Water Company
NASDAQ:MSEX
|
$926.69 Million |
|
VusionGroup
PA:VU
|
$926.45 Million |
|
Champion Iron Limited
OTCQX:CIAFF
|
$925.38 Million |
|
Navan, Inc. Class A Common Stock
NASDAQ:NAVN
|
$924.96 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Freightways Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 491,865,000 to 499,540,000, a change of 7,675,000 (1.6%).
- Net income of 79,919,000 contributed positively to equity growth.
- Dividend payments of 68,098,000 reduced retained earnings.
- New share issuances of 400,000 increased equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $79.92 Million | +16.0% |
| Dividends Paid | $68.10 Million | -13.63% |
| Share Issuances | $400.00K | +0.08% |
| Other Changes | $-4.55 Million | -0.91% |
| Total Change | $- | 1.56% |
Book Value vs Market Value Analysis
This analysis compares Freightways Limited'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: 1.91x
- 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 3.21x to 1.91x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-06-30 | $1.66 | $5.35 | x |
| 2019-06-30 | $1.76 | $5.35 | x |
| 2020-06-30 | $1.91 | $5.35 | x |
| 2021-06-30 | $2.06 | $5.35 | x |
| 2022-06-30 | $2.15 | $5.35 | x |
| 2023-06-30 | $2.68 | $5.35 | x |
| 2024-06-30 | $2.75 | $5.35 | x |
| 2025-06-30 | $2.79 | $5.35 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Freightways Limited 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): 16.00%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.20%
- • Asset Turnover: 0.93x
- • Equity Multiplier: 2.76x
- Recent ROE (16.00%) is below the historical average (19.45%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 20.91% | 9.65% | 0.95x | 2.28x | $21.76 Million |
| 2015 | 21.04% | 9.14% | 0.97x | 2.37x | $23.00 Million |
| 2016 | 23.17% | 9.85% | 0.99x | 2.37x | $28.29 Million |
| 2017 | 25.72% | 11.16% | 1.01x | 2.28x | $37.20 Million |
| 2018 | 24.07% | 10.70% | 1.04x | 2.17x | $36.34 Million |
| 2019 | 23.14% | 10.29% | 1.05x | 2.13x | $35.98 Million |
| 2020 | 14.95% | 7.50% | 0.60x | 3.32x | $15.67 Million |
| 2021 | 14.53% | 6.19% | 0.77x | 3.06x | $15.45 Million |
| 2022 | 19.67% | 8.03% | 0.80x | 3.05x | $34.46 Million |
| 2023 | 15.78% | 6.70% | 0.81x | 2.89x | $27.52 Million |
| 2024 | 14.39% | 5.85% | 0.87x | 2.83x | $21.57 Million |
| 2025 | 16.00% | 6.20% | 0.93x | 2.76x | $29.96 Million |
Industry Comparison
This section compares Freightways Limited's net assets metrics with peer companies in the Integrated Freight & Logistics industry.
Industry Context
- Industry: Integrated Freight & Logistics
- Average net assets among peers: $368,651,163
- Average return on equity (ROE) among peers: 13.12%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Freightways Limited (FTWYF) | $467.40 Million | 20.91% | 2.00x | $926.90 Million |
| Andlauer Healthcare Group Inc (ANDHF) | $352.12 Million | 25.55% | 0.83x | $469.38 Million |
| Aqua Power Systems Inc (APSI) | $-106.64K | 0.00% | 0.00x | $383.65K |
| A-Sonic Aerospace Limited (ASNCF) | $38.42 Million | 0.28% | 1.15x | $7.03 Million |
| Addentax Group Corp (ATXG) | $86.00K | 65.43% | 97.87x | $2.89 Million |
| bpost SA/NV (BPOSF) | $682.60 Million | 22.59% | 4.53x | $472.00 Million |
| Armlogi Holding Corp. Common Stock (BTOC) | $25.09 Million | -61.17% | 5.78x | $4.28 Million |
| Compañía de Distribución Integral Logista Holdings S.A (CDNIF) | $641.80 Million | 48.03% | 11.59x | $1.70 Billion |
| Cargojet Inc (CGJTF) | $66.60 Million | 3.60% | 5.94x | $791.09 Million |
| CH Robinson Worldwide Inc (CHRW) | $1.88 Billion | 26.94% | 1.74x | $20.09 Billion |
| Tianci International, Inc. Common Stock (CIIT) | $-32.66K | 0.00% | 0.00x | $14.82 Million |