Smartgroup Corporation Ltd
Smartgroup Corporation Ltd provides employee management services in Australia. It offers Employee benefits, such as outsourced salary packaging services and novated leasing services. Its also provides end-to-end fleet management services. Additionally, it offers salary packaging software solutions and markets salary packaging debit cards. It serves not-for-profit organizations, healthcare provide… Read more
Smartgroup Corporation Ltd (STGXF) - Net Assets
Latest net assets as of December 2025: $276.96 Million USD
Based on the latest financial reports, Smartgroup Corporation Ltd (STGXF) has net assets worth $276.96 Million USD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($714.12 Million) and total liabilities ($437.16 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 | $276.96 Million |
| % of Total Assets | 38.78% |
| Annual Growth Rate | 13.87% |
| 5-Year Change | 4.03% |
| 10-Year Change | 42.57% |
| Growth Volatility | 37.95 |
Smartgroup Corporation Ltd - Net Assets Trend (2013–2025)
This chart illustrates how Smartgroup Corporation Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Smartgroup Corporation Ltd (2013–2025)
The table below shows the annual net assets of Smartgroup Corporation Ltd from 2013 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $276.96 Million | +7.23% |
| 2024-12-31 | $258.28 Million | +5.93% |
| 2023-12-31 | $243.82 Million | +1.45% |
| 2022-12-31 | $240.34 Million | -9.72% |
| 2021-12-31 | $266.23 Million | -1.74% |
| 2020-12-31 | $270.94 Million | -2.09% |
| 2019-12-31 | $276.71 Million | -5.34% |
| 2018-12-31 | $292.31 Million | +42.76% |
| 2017-12-31 | $204.75 Million | +5.40% |
| 2016-12-31 | $194.26 Million | +135.46% |
| 2015-12-31 | $82.50 Million | +25.16% |
| 2014-12-31 | $65.92 Million | +13.07% |
| 2013-12-31 | $58.30 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Smartgroup Corporation Ltd'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 decreased by 1470245400.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $264.76 Million | 95.60% |
| Other Comprehensive Income | $31.39 Million | 11.34% |
| Other Components | $1.00 | 0.00% |
| Total Equity | $276.96 Million | 100.00% |
Smartgroup Corporation Ltd Competitors by Market Cap
The table below lists competitors of Smartgroup Corporation Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Information Services International-Dentsu Ltd
OTCGREY:IFMNF
|
$765.34 Million |
|
Arena REIT
AU:ARF
|
$765.51 Million |
|
Qingdao Tianneng Heavy Industries Co Ltd
SHE:300569
|
$765.70 Million |
|
Zehnder Group AG
LSE:0R6S
|
$765.92 Million |
|
Xtep International Holdings Limited
F:4QI
|
$764.90 Million |
|
Jizhong Energy Resources Co Ltd
SHE:000937
|
$764.87 Million |
|
Pacira BioSciences, Inc.
NASDAQ:PCRX
|
$764.74 Million |
|
Theon International Plc
AS:THEON
|
$764.67 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Smartgroup Corporation Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 258,283,000 to 276,956,175, a change of 18,673,175 (7.2%).
- Net income of 79,412,796 contributed positively to equity growth.
- Dividend payments of 67,746,380 reduced retained earnings.
- Other comprehensive income increased equity by 14,035,663.
- Other factors decreased equity by 7,028,904.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $79.41 Million | +28.67% |
| Dividends Paid | $67.75 Million | -24.46% |
| Other Comprehensive Income | $14.04 Million | +5.07% |
| Other Changes | $-7.03 Million | -2.54% |
| Total Change | $- | 7.23% |
Book Value vs Market Value Analysis
This analysis compares Smartgroup Corporation Ltd'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: 2.92x
- 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 10.81x to 2.92x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-12-31 | $0.57 | $6.21 | x |
| 2014-12-31 | $0.52 | $6.21 | x |
| 2015-12-31 | $0.65 | $6.21 | x |
| 2016-12-31 | $1.53 | $6.21 | x |
| 2017-12-31 | $1.61 | $6.21 | x |
| 2018-12-31 | $2.29 | $6.21 | x |
| 2019-12-31 | $2.14 | $6.21 | x |
| 2020-12-31 | $2.09 | $6.21 | x |
| 2021-12-31 | $2.06 | $6.21 | x |
| 2022-12-31 | $1.85 | $6.21 | x |
| 2023-12-31 | $1.88 | $6.21 | x |
| 2024-12-31 | $1.98 | $6.21 | x |
| 2025-12-31 | $2.13 | $6.21 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Smartgroup Corporation Ltd 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): 28.67%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 24.12%
- • Asset Turnover: 0.46x
- • Equity Multiplier: 2.58x
- Recent ROE (28.67%) is above the historical average (19.45%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 5.10% | 4.76% | 0.63x | 1.69x | $-2.86 Million |
| 2014 | -1.45% | -1.31% | 0.66x | 1.68x | $-7.55 Million |
| 2015 | 24.49% | 22.02% | 0.55x | 2.03x | $11.95 Million |
| 2016 | 16.88% | 22.16% | 0.34x | 2.26x | $13.36 Million |
| 2017 | 20.18% | 20.11% | 0.44x | 2.28x | $20.84 Million |
| 2018 | 20.28% | 24.52% | 0.52x | 1.59x | $30.06 Million |
| 2019 | 22.21% | 24.60% | 0.53x | 1.71x | $33.78 Million |
| 2020 | 15.25% | 19.10% | 0.53x | 1.51x | $14.23 Million |
| 2021 | 22.09% | 26.52% | 0.54x | 1.53x | $32.19 Million |
| 2022 | 24.46% | 26.16% | 0.55x | 1.69x | $34.75 Million |
| 2023 | 25.40% | 24.61% | 0.60x | 1.71x | $37.54 Million |
| 2024 | 29.27% | 24.72% | 0.47x | 2.53x | $49.77 Million |
| 2025 | 28.67% | 24.12% | 0.46x | 2.58x | $51.72 Million |
Industry Comparison
This section compares Smartgroup Corporation Ltd's net assets metrics with peer companies in the Specialty Business Services industry.
Industry Context
- Industry: Specialty Business Services
- Average net assets among peers: $772,489,888
- Average return on equity (ROE) among peers: -12.22%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Smartgroup Corporation Ltd (STGXF) | $276.96 Million | 5.10% | 1.58x | $765.01 Million |
| All American Pet Co (AAPT) | $-1.12 Million | 0.00% | 0.00x | $0.97 |
| ABM Industries Incorporated (ABM) | $61.90 Million | 11.47% | 1.78x | $2.27 Billion |
| ADM Endeavors Inc (ADMQ) | $284.02K | -124.30% | 3.55x | $3.87 Million |
| Amentum Holdings Inc. (AMTM) | $4.55 Billion | -1.80% | 1.63x | $4.20 Billion |
| Anacomp Inc (ANMP) | $101.14 Million | -0.68% | 0.63x | $976.94K |
| Rich Sparkle Holdings Limited Ordinary Shares (ANPA) | $5.65 Million | 2.35% | 0.50x | $30.94 Million |
| Applus Services S.A (APLUF) | $642.95 Million | 7.56% | 2.78x | $16.82 Million |
| ARC Document Solutions Inc (ARC) | $-35.01 Million | 0.00% | 0.00x | $110.98 Million |
| Aramark Holdings (ARMK) | $2.75 Billion | -16.80% | 4.72x | $10.51 Billion |
| Atento S.A. (ATTOF) | $-348.87 Million | 0.00% | 0.00x | $945.48 |