Restaurant Brands New Zealand Limited
Restaurant Brands New Zealand Limited, together with its subsidiaries, operates quick service and takeaway restaurants in New Zealand, Australia, California, Hawaii, Saipan, and Guam. The company operates franchises under the KFC, Pizza Hut, Carl's Jr., and Taco Bell brand names. Restaurant Brands New Zealand Limited was incorporated in 1997 and is based in Penrose, New Zealand. As of November 25… Read more
Restaurant Brands New Zealand Limited (RTBRF) - Net Assets
Latest net assets as of June 2025: $312.12 Million USD
Based on the latest financial reports, Restaurant Brands New Zealand Limited (RTBRF) has net assets worth $312.12 Million USD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.41 Billion) and total liabilities ($1.09 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 | $312.12 Million |
| % of Total Assets | 22.2% |
| Annual Growth Rate | 10.79% |
| 5-Year Change | 36.42% |
| 10-Year Change | 315.79% |
| Growth Volatility | 36.59 |
Restaurant Brands New Zealand Limited - Net Assets Trend (1997–2024)
This chart illustrates how Restaurant Brands New Zealand 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 Restaurant Brands New Zealand Limited (1997–2024)
The table below shows the annual net assets of Restaurant Brands New Zealand Limited from 1997 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $314.41 Million | +8.25% |
| 2023-12-31 | $290.44 Million | -0.94% |
| 2022-12-31 | $293.18 Million | +1.19% |
| 2021-12-31 | $289.74 Million | +25.71% |
| 2020-12-31 | $230.47 Million | +10.81% |
| 2019-12-31 | $207.99 Million | -7.42% |
| 2018-12-31 | $224.67 Million | 0.00% |
| 2017-12-31 | $224.67 Million | +11.44% |
| 2016-12-31 | $201.61 Million | +166.62% |
| 2015-12-31 | $75.62 Million | +6.19% |
| 2014-12-31 | $71.21 Million | +10.14% |
| 2013-12-31 | $64.66 Million | +7.17% |
| 2012-12-31 | $60.33 Million | +0.97% |
| 2011-12-31 | $59.75 Million | +1.46% |
| 2010-12-31 | $58.90 Million | +21.01% |
| 2009-12-31 | $48.67 Million | +31.32% |
| 2008-12-31 | $37.06 Million | +3.42% |
| 2007-12-31 | $35.84 Million | +9.83% |
| 2006-12-31 | $32.63 Million | -27.72% |
| 2005-12-31 | $45.15 Million | -11.60% |
| 2004-12-31 | $51.07 Million | +2.68% |
| 2003-12-31 | $49.74 Million | -4.37% |
| 2002-12-31 | $52.01 Million | +86.23% |
| 2000-12-31 | $27.93 Million | +2.26% |
| 1999-12-31 | $27.31 Million | +43.43% |
| 1998-12-31 | $19.04 Million | -3.70% |
| 1997-12-31 | $19.77 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Restaurant Brands New Zealand 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 13005700000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $130.06 Million | 41.37% |
| Common Stock | $154.56 Million | 49.16% |
| Other Comprehensive Income | $29.79 Million | 9.47% |
| Total Equity | $314.41 Million | 100.00% |
Restaurant Brands New Zealand Limited Competitors by Market Cap
The table below lists competitors of Restaurant Brands New Zealand Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Indah Prakasa Sentosa PT Tbk
JK:INPS
|
$3.18 Million |
|
P3 Health Partners Inc
NASDAQ:PIII
|
$3.18 Million |
|
Sofwave Medical Ltd
TA:SOFW
|
$3.18 Million |
|
BIG Industries Bhd
KLSE:7005
|
$3.18 Million |
|
JBDI Holdings Limited Ordinary Shares
NASDAQ:JBDI
|
$3.17 Million |
|
TIDEW. MIDS.+INFRASTR.LTD
F:TL5
|
$3.17 Million |
|
WINDOW_WINDOW ASIA
BK:WINDOW
|
$3.17 Million |
|
CBL International Limited Ordinary Shares
NASDAQ:BANL
|
$3.17 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Restaurant Brands New Zealand Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 290,441,000 to 314,411,000, a change of 23,970,000 (8.3%).
- Net income of 26,528,000 contributed positively to equity growth.
- Dividend payments of 22,457,000 reduced retained earnings.
- Other comprehensive income increased equity by 19,899,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $26.53 Million | +8.44% |
| Dividends Paid | $22.46 Million | -7.14% |
| Other Comprehensive Income | $19.90 Million | +6.33% |
| Total Change | $- | 8.25% |
Book Value vs Market Value Analysis
This analysis compares Restaurant Brands New Zealand 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: 0.76x
- 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 8.45x to 0.76x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1997-12-31 | $0.23 | $1.92 | x |
| 1998-12-31 | $0.22 | $1.92 | x |
| 1999-12-31 | $0.31 | $1.92 | x |
| 2000-12-31 | $0.30 | $1.92 | x |
| 2002-12-31 | $0.54 | $1.92 | x |
| 2003-12-31 | $0.51 | $1.92 | x |
| 2004-12-31 | $0.52 | $1.92 | x |
| 2005-12-31 | $0.45 | $1.92 | x |
| 2006-12-31 | $0.33 | $1.92 | x |
| 2007-12-31 | $0.36 | $1.92 | x |
| 2008-12-31 | $0.37 | $1.92 | x |
| 2009-12-31 | $0.49 | $1.92 | x |
| 2010-12-31 | $0.59 | $1.92 | x |
| 2011-12-31 | $0.60 | $1.92 | x |
| 2012-12-31 | $0.60 | $1.92 | x |
| 2013-12-31 | $0.65 | $1.92 | x |
| 2014-12-31 | $0.71 | $1.92 | x |
| 2015-12-31 | $0.76 | $1.92 | x |
| 2016-12-31 | $1.87 | $1.92 | x |
| 2017-12-31 | $1.83 | $1.92 | x |
| 2018-12-31 | $1.80 | $1.92 | x |
| 2020-12-31 | $1.85 | $1.92 | x |
| 2021-12-31 | $2.32 | $1.92 | x |
| 2022-12-31 | $2.35 | $1.92 | x |
| 2023-12-31 | $2.33 | $1.92 | x |
| 2024-12-31 | $2.52 | $1.92 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Restaurant Brands New Zealand 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): 8.44%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.90%
- • Asset Turnover: 0.93x
- • Equity Multiplier: 4.74x
- Recent ROE (8.44%) is below the historical average (22.40%), 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 | 25.71% | 4.63% | 1.10x | 5.05x | $3.10 Million |
| 1998 | 42.69% | 3.95% | 2.37x | 4.57x | $6.22 Million |
| 1999 | 47.62% | 0.00% | 0.00x | 3.77x | $10.28 Million |
| 2000 | 35.12% | 5.41% | 1.36x | 4.78x | $7.01 Million |
| 2002 | 21.37% | 3.73% | 2.71x | 2.11x | $5.91 Million |
| 2003 | 16.24% | 2.63% | 2.93x | 2.11x | $3.10 Million |
| 2004 | 20.99% | 3.37% | 3.02x | 2.06x | $5.61 Million |
| 2005 | 7.48% | 1.06% | 3.01x | 2.34x | $-1.14 Million |
| 2006 | -10.89% | -1.21% | 2.50x | 3.61x | $-6.82 Million |
| 2007 | 25.16% | 2.97% | 2.69x | 3.15x | $5.43 Million |
| 2008 | 22.27% | 2.67% | 3.06x | 2.73x | $4.55 Million |
| 2009 | 40.14% | 6.15% | 3.09x | 2.12x | $14.67 Million |
| 2010 | 41.28% | 7.48% | 2.92x | 1.89x | $18.42 Million |
| 2011 | 28.33% | 5.48% | 2.95x | 1.76x | $10.95 Million |
| 2012 | 26.78% | 5.17% | 2.80x | 1.85x | $10.13 Million |
| 2013 | 30.86% | 6.04% | 3.05x | 1.68x | $13.49 Million |
| 2014 | 33.46% | 6.40% | 2.58x | 2.03x | $16.71 Million |
| 2015 | 31.83% | 5.96% | 2.89x | 1.85x | $16.51 Million |
| 2016 | 12.87% | 5.22% | 1.10x | 2.25x | $5.79 Million |
| 2017 | 15.79% | 4.79% | 1.61x | 2.05x | $13.00 Million |
| 2018 | 15.91% | 4.33% | 1.79x | 2.05x | $13.27 Million |
| 2019 | 17.36% | 4.10% | 1.00x | 4.23x | $15.31 Million |
| 2020 | 13.42% | 3.35% | 0.79x | 5.09x | $7.89 Million |
| 2021 | 17.91% | 4.66% | 0.84x | 4.59x | $22.91 Million |
| 2022 | 10.94% | 2.47% | 0.92x | 4.83x | $2.76 Million |
| 2023 | 5.60% | 1.17% | 0.98x | 4.91x | $-12.78 Million |
| 2024 | 8.44% | 1.90% | 0.93x | 4.74x | $-4.91 Million |
Industry Comparison
This section compares Restaurant Brands New Zealand Limited's net assets metrics with peer companies in the Restaurants industry.
Industry Context
- Industry: Restaurants
- Average net assets among peers: $1,100,683,888
- Average return on equity (ROE) among peers: -9.48%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Restaurant Brands New Zealand Limited (RTBRF) | $312.12 Million | 25.71% | 3.50x | $3.18 Million |
| Alsea S.A.B. de C.V (ALSSF) | $9.60 Billion | 31.08% | 7.07x | $902.51 Million |
| Arcos Dorados Holdings Inc (ARCO) | $695.30 Million | 7.75% | 2.14x | $952.86 Million |
| AmRest Holdings SE (ARHOF) | $264.70 Million | -68.76% | 6.99x | $477.90 Million |
| Ark Restaurants Corp (ARKR) | $7.80 Million | -3.85% | 0.72x | $10.36 Million |
| Big Buck Brewery & Steakhouse Inc (BBUCQ) | $5.62 Million | -39.20% | 3.43x | $1.94 |
| Flanigans Enterprises Inc (BDL) | $7.67 Million | 17.79% | 0.46x | $18.25 Million |
| Bagger Dave's Burger Tavern Inc (BDVB) | $2.41 Million | -143.08% | 1.53x | $654.12K |
| BurgerFi International, Inc. (BFICQ) | $78.95 Million | -131.01% | 2.51x | $1.57K |
| Biglari Holdings Inc (BH-A) | $1.80 Million | 233.33% | 36.28x | $310.04 Million |
| BJs Restaurants Inc (BJRI) | $345.51 Million | 1.18% | 2.51x | $663.68 Million |