Mainfreight Limited
Mainfreight Limited provides supply chain logistics services in New Zealand, Australia, the Americas, Europe, and Asia. The company offers domestic transportation, international air and ocean freight forwarding, warehousing, and supply chain management services. It also offers mobile app that allows to track the supply chain. The company was formerly known as Mainfreight Transport Limited and cha… Read more
Mainfreight Limited (MFGHF) - Net Assets
Latest net assets as of March 2025: $2.00 Billion USD
Based on the latest financial reports, Mainfreight Limited (MFGHF) has net assets worth $2.00 Billion USD as of March 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($4.07 Billion) and total liabilities ($2.08 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 | $2.00 Billion |
| % of Total Assets | 48.98% |
| Annual Growth Rate | 17.08% |
| 5-Year Change | 78.94% |
| 10-Year Change | 241.82% |
| Growth Volatility | 18.16 |
Mainfreight Limited - Net Assets Trend (1997–2025)
This chart illustrates how Mainfreight 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 Mainfreight Limited (1997–2025)
The table below shows the annual net assets of Mainfreight Limited from 1997 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | $2.00 Billion | +7.58% |
| 2024-03-31 | $1.85 Billion | +7.40% |
| 2023-03-31 | $1.73 Billion | +20.82% |
| 2022-03-31 | $1.43 Billion | +28.18% |
| 2021-03-31 | $1.12 Billion | +15.39% |
| 2020-03-31 | $966.34 Million | +15.27% |
| 2019-03-31 | $838.32 Million | +17.67% |
| 2018-03-31 | $712.40 Million | +10.35% |
| 2017-03-31 | $645.60 Million | +10.60% |
| 2016-03-31 | $583.71 Million | +14.76% |
| 2015-03-31 | $508.62 Million | +15.01% |
| 2014-03-31 | $442.22 Million | +13.61% |
| 2013-03-31 | $389.23 Million | +11.33% |
| 2012-03-31 | $349.62 Million | +14.39% |
| 2011-03-31 | $305.65 Million | +2.76% |
| 2010-03-31 | $297.44 Million | +3.80% |
| 2009-03-31 | $286.56 Million | +14.53% |
| 2008-03-31 | $250.19 Million | +55.80% |
| 2007-03-31 | $160.58 Million | +13.92% |
| 2006-03-31 | $140.96 Million | +61.23% |
| 2005-03-31 | $87.43 Million | +6.22% |
| 2004-03-31 | $82.31 Million | +48.17% |
| 2003-03-31 | $55.55 Million | +3.51% |
| 2002-03-31 | $53.67 Million | +5.57% |
| 2001-03-31 | $50.84 Million | +2.69% |
| 2000-03-31 | $49.51 Million | +8.33% |
| 1999-03-31 | $45.70 Million | +9.19% |
| 1998-03-31 | $41.85 Million | +73.68% |
| 1997-03-31 | $24.10 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Mainfreight 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 41999.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $1.54 Billion | 77.42% |
| Common Stock | $85.82 Million | 4.30% |
| Other Comprehensive Income | $364.78 Million | 18.28% |
| Total Equity | $2.00 Billion | 100.00% |
Mainfreight Limited Competitors by Market Cap
The table below lists competitors of Mainfreight Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
SpringWorks Therapeutics Inc
NASDAQ:SWTX
|
$3.48 Billion |
|
Fortune Electric Co Ltd
TW:1519
|
$3.49 Billion |
|
ASAHI INTECC CO. LTD.
F:6XT
|
$3.49 Billion |
|
Yunnan Copper Co Ltd
SHE:000878
|
$3.49 Billion |
|
Copa Holdings SA
NYSE:CPA
|
$3.48 Billion |
|
Bendigo and Adelaide Bank Ltd
AU:BEN
|
$3.48 Billion |
|
Perfect World Co Ltd
SHE:002624
|
$3.48 Billion |
|
Fulton Financial Corporation
NASDAQ:FULT
|
$3.48 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Mainfreight Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,854,596,000 to 1,995,222,000, a change of 140,626,000 (7.6%).
- Net income of 274,341,000 contributed positively to equity growth.
- Dividend payments of 173,202,000 reduced retained earnings.
- Other comprehensive income increased equity by 37,932,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $274.34 Million | +13.75% |
| Dividends Paid | $173.20 Million | -8.68% |
| Other Comprehensive Income | $37.93 Million | +1.9% |
| Other Changes | $1.55 Million | +0.08% |
| Total Change | $- | 7.58% |
Book Value vs Market Value Analysis
This analysis compares Mainfreight 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: 2.14x
- 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 132.78x to 2.14x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1997-03-31 | $0.32 | $42.33 | x |
| 1998-03-31 | $0.58 | $42.33 | x |
| 1999-03-31 | $0.62 | $42.33 | x |
| 2000-03-31 | $0.68 | $42.33 | x |
| 2001-03-31 | $0.69 | $42.33 | x |
| 2002-03-31 | $0.77 | $42.33 | x |
| 2003-03-31 | $0.67 | $42.33 | x |
| 2004-03-31 | $0.76 | $42.33 | x |
| 2005-03-31 | $0.83 | $42.33 | x |
| 2006-03-31 | $1.42 | $42.33 | x |
| 2007-03-31 | $1.61 | $42.33 | x |
| 2008-03-31 | $2.57 | $42.33 | x |
| 2009-03-31 | $2.94 | $42.33 | x |
| 2010-03-31 | $3.02 | $42.33 | x |
| 2011-03-31 | $3.10 | $42.33 | x |
| 2012-03-31 | $3.53 | $42.33 | x |
| 2013-03-31 | $3.92 | $42.33 | x |
| 2014-03-31 | $4.45 | $42.33 | x |
| 2015-03-31 | $5.10 | $42.33 | x |
| 2016-03-31 | $5.84 | $42.33 | x |
| 2017-03-31 | $6.42 | $42.33 | x |
| 2018-03-31 | $7.07 | $42.33 | x |
| 2019-03-31 | $8.32 | $42.33 | x |
| 2020-03-31 | $9.60 | $42.33 | x |
| 2021-03-31 | $11.07 | $42.33 | x |
| 2022-03-31 | $14.19 | $42.33 | x |
| 2023-03-31 | $17.15 | $42.33 | x |
| 2024-03-31 | $18.42 | $42.33 | x |
| 2025-03-31 | $19.81 | $42.33 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Mainfreight 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): 13.75%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.24%
- • Asset Turnover: 1.29x
- • Equity Multiplier: 2.04x
- Recent ROE (13.75%) is below the historical average (13.86%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1997 | 27.35% | 0.00% | 0.00x | 2.81x | $4.00 Million |
| 1998 | -0.82% | 0.00% | 0.00x | 2.13x | $-4.55 Million |
| 1999 | -0.42% | 0.00% | 0.00x | 2.33x | $-4.68 Million |
| 2000 | -1.61% | 0.00% | 0.00x | 2.37x | $-5.71 Million |
| 2001 | -2.90% | 0.00% | 0.00x | 3.09x | $-6.46 Million |
| 2002 | -3.76% | 0.00% | 0.00x | 2.91x | $-7.18 Million |
| 2003 | -1.32% | -0.17% | 2.86x | 2.72x | $-6.05 Million |
| 2004 | 8.21% | 0.90% | 2.30x | 3.94x | $-1.30 Million |
| 2005 | -0.03% | 0.00% | 3.58x | 3.02x | $-7.95 Million |
| 2006 | 21.31% | 3.28% | 2.79x | 2.33x | $15.41 Million |
| 2007 | 35.81% | 5.77% | 2.72x | 2.28x | $40.09 Million |
| 2008 | 40.62% | 11.17% | 1.90x | 1.91x | $76.60 Million |
| 2009 | 12.38% | 2.82% | 2.30x | 1.91x | $6.83 Million |
| 2010 | 12.23% | 3.23% | 1.99x | 1.90x | $6.62 Million |
| 2011 | 8.41% | 1.92% | 2.26x | 1.94x | $-4.85 Million |
| 2012 | 23.01% | 4.44% | 1.97x | 2.62x | $45.49 Million |
| 2013 | 16.93% | 3.50% | 2.00x | 2.42x | $26.99 Million |
| 2014 | 20.27% | 4.66% | 1.97x | 2.21x | $45.42 Million |
| 2015 | 16.20% | 4.01% | 1.83x | 2.21x | $31.54 Million |
| 2016 | 15.01% | 3.84% | 1.79x | 2.19x | $29.23 Million |
| 2017 | 15.73% | 4.35% | 1.82x | 1.99x | $36.96 Million |
| 2018 | 15.14% | 4.12% | 1.90x | 1.93x | $36.65 Million |
| 2019 | 16.42% | 4.66% | 1.97x | 1.79x | $53.79 Million |
| 2020 | 16.47% | 5.14% | 1.34x | 2.38x | $62.57 Million |
| 2021 | 16.87% | 5.31% | 1.42x | 2.23x | $76.61 Million |
| 2022 | 24.87% | 6.81% | 1.72x | 2.12x | $212.47 Million |
| 2023 | 24.70% | 7.51% | 1.65x | 1.99x | $253.80 Million |
| 2024 | 11.25% | 4.42% | 1.25x | 2.04x | $23.21 Million |
| 2025 | 13.75% | 5.24% | 1.29x | 2.04x | $74.82 Million |
Industry Comparison
This section compares Mainfreight 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 |
|---|---|---|---|---|
| Mainfreight Limited (MFGHF) | $2.00 Billion | 27.35% | 1.04x | $3.48 Billion |
| 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 |