S&P/ASX All Ords Index (ASX: XAO) shares had a great year in FY25, with the index rising by 9.47%.
Total returns, including dividends, came in at 13.23% last financial year, according to S&P Global data.
The ASX All Ords slightly underperformed the benchmark S&P/ASX 200 Index (ASX: XJO) for growth last year.
The ASX 200 rose by 9.97% and provided total returns of 13.81%.
As always, there were winners and losers among ASX All Ords shares in FY25.
In this article, we look at the worst performers in terms of share price growth.
These 5 ASX All Ords shares tumbled the most in FY25
1. IDP Education Ltd (ASX: IEL)
The IDP Education share price tumbled 76% to close at $3.67 on 30 June.
IDP Education arranges international student placements in Australia and conducts language tests for students.
In May, IDP Education informed investors that it expects a 28% to 30% fall in student placements in FY25.
On top of that, the company also anticipates an 18% to 20% fall in language tests for the financial year.
Arthur Garipoli of Seneca Financial Solutions says government policy uncertainty about international students has hurt the stock.
This is reflected in the substantial fall in value for the ASX All Ords consumer discretionary share in FY25.
He said: "While the share price has fallen to reflect the downgrade, we see better opportunities elsewhere."
2. Star Entertainment Group Ltd (ASX: SGR)
Star Entertainment shares fell 72% in FY25 as the beleaguered casino operator desperately sought a funding injection.
The ASX All Ords consumer discretionary share closed at 13.5 cents on Monday.
Star Entertainment investors voted overwhelmingly for the proposed takeover by US casino giant Bally's Corporation last month.
About 99% of investors supported the takeover motions put forward at the shareholders' meeting.
Bally's will invest $200 million into the casino operator, supported by another $100 million from Star's biggest single shareholder.
3. Mineral Resources Ltd (ASX: MIN)
The Mineral Resources share price tanked in FY25, falling 60% to a closing value of $21.56 on 30 June.
This ASX All Ords mining share had the year from hell in FY25.
Weak iron ore and lithium prices, along with governance concerns brought about by its CEO's financial dealings, plagued the stock.
Founder Chris Ellison quit as CEO but remains the managing director for now.
The Mineral Resources board ordered Ellison to pay $8.8 million in penalties and forfeit up to $9.6 million in remuneration.
4. Pilbara Minerals Ltd (ASX: PLS)
The Pilbara Minerals share price fell 57% in FY25, closing at $1.335 on 30 June.
Like all ASX All Ords lithium shares, Pilbara Minerals has been hit by falling lithium prices amid a global oversupply.
5. Platinum Asset Management Ltd (ASX: PTM)
The Platinum Asset Management share price fell 56% in FY25 and finished the session on Monday at 46 cents per share.
The struggling fund manager is entertaining the possibility of a merger with L1 Capital, owner of the L1 Long Short Fund Ltd (ASX: LSF).
Platinum issued an update on the potential merger on 18 June.
There has been no price-sensitive news for this ASX All Ords financial share since then.
In its latest monthly funds under management update, Platinum said it had $8,339 million under its control as of 31 May.
There was a net outflow of approximately $1.6 billion in May, including an institutional mandate termination worth about $958 million.
The post These 5 ASX All Ords shares were the biggest fallers of FY25 appeared first on The Motley Fool Australia.
Motley Fool contributor Bronwyn Allen has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.
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