Allfunds Group Ltd (ALLFG) - Net Assets
Based on the latest financial reports, Allfunds Group Ltd (ALLFG) has net assets worth €1.93 Billion EUR (≈ $2.26 Billion USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€6.00 Billion ≈ $7.02 Billion USD) and total liabilities (€4.07 Billion ≈ $4.76 Billion USD). 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. Check how resilient are Allfunds Group Ltd's assets to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €1.93 Billion |
| % of Total Assets | 32.18% |
| Annual Growth Rate | 4.98% |
| 5-Year Change | -13.9% |
| 10-Year Change | N/A |
| Growth Volatility | 21.24 |
Allfunds Group Ltd - Net Assets Trend (2019–2024)
This chart illustrates how Allfunds Group Ltd's net assets have evolved over time, based on quarterly financial data. Also explore how large is Allfunds Group Ltd's balance sheet for the complete picture of this company's asset base.
Annual Net Assets for Allfunds Group Ltd (2019–2024)
The table below shows the annual net assets of Allfunds Group Ltd from 2019 to 2024. For live valuation and market cap data, see ALLFG market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €2.05 Billion ≈ $2.39 Billion |
-13.00% |
| 2023-12-31 | €2.35 Billion ≈ $2.75 Billion |
-0.15% |
| 2022-12-31 | €2.35 Billion ≈ $2.75 Billion |
+1.30% |
| 2021-12-31 | €2.32 Billion ≈ $2.72 Billion |
-2.14% |
| 2020-12-31 | €2.38 Billion ≈ $2.78 Billion |
+48.09% |
| 2019-12-31 | €1.60 Billion ≈ $1.88 Billion |
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Equity Component Analysis
This analysis shows how different components contribute to Allfunds Group 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 79.7% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €66.10 Million | 3.23% |
| Other Components | €1.98 Billion | 96.77% |
| Total Equity | €2.05 Billion | 100.00% |
Allfunds Group Ltd Competitors by Market Cap
The table below lists competitors of Allfunds Group Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Evolution Metals & Technologies Corp. Common Stock
NASDAQ:EMAT
|
$4.72 Billion |
|
Powertech Technology Inc
TW:6239
|
$4.73 Billion |
|
FORM.DE C.Y C.ADR 1/5/EO1
F:FCC0
|
$4.73 Billion |
|
RLI Corp
NYSE:RLI
|
$4.73 Billion |
|
Mercury Systems Inc
NASDAQ:MRCY
|
$4.71 Billion |
|
Plains GP Holdings LP
NASDAQ:PAGP
|
$4.71 Billion |
|
COFCO Tunhe Sugar Co Ltd
SHG:600737
|
$4.71 Billion |
|
Levima Advanced Materials Corp
SHE:003022
|
$4.71 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Allfunds Group Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,350,909,000 to 2,045,208,000, a change of -305,701,000 (-13.0%).
- Net loss of 168,514,000 reduced equity.
- Dividend payments of 57,898,000 reduced retained earnings.
- Share repurchases of 50,000,000 reduced equity.
- Other comprehensive income decreased equity by 55,523,000.
- Other factors increased equity by 26,234,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-168.51 Million | -8.24% |
| Dividends Paid | €57.90 Million | -2.83% |
| Share Repurchases | €50.00 Million | -2.44% |
| Other Comprehensive Income | €-55.52 Million | -2.71% |
| Other Changes | €26.23 Million | +1.28% |
| Total Change | €- | -13.00% |
Book Value vs Market Value Analysis
This analysis compares Allfunds Group 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: 2.60x
- 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 3.42x to 2.60x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | €2.55 | €8.72 | x |
| 2020-12-31 | €3.77 | €8.72 | x |
| 2021-12-31 | €3.69 | €8.72 | x |
| 2022-12-31 | €3.74 | €8.72 | x |
| 2023-12-31 | €3.80 | €8.72 | x |
| 2024-12-31 | €3.35 | €8.72 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Allfunds Group 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): -8.24%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -25.59%
- • Asset Turnover: 0.13x
- • Equity Multiplier: 2.48x
- Recent ROE (-8.24%) is below the historical average (0.04%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | -1.90% | -2.29% | 0.39x | 2.13x | €-190.89 Million |
| 2020 | 0.00% | 0.00% | 0.32x | 2.08x | €-237.57 Million |
| 2021 | 4.64% | 4.04% | 0.48x | 2.39x | €-124.70 Million |
| 2022 | 2.09% | 1.79% | 0.53x | 2.18x | €-186.27 Million |
| 2023 | 3.65% | 15.64% | 0.10x | 2.37x | €-149.38 Million |
| 2024 | -8.24% | -25.59% | 0.13x | 2.48x | €-373.03 Million |
Industry Comparison
This section compares Allfunds Group Ltd's net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $2,189,290,333
- Average return on equity (ROE) among peers: 40.29%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Allfunds Group Ltd (ALLFG) | €1.93 Billion | -1.90% | 2.11x | $4.72 Billion |
| CVC Capital Partners PLC (CVC) | $270.31 Million | 161.40% | 10.53x | $13.65 Billion |
| Eurocastle Investment Ltd (ECT) | $508.57 Million | 34.43% | 0.18x | $12.46 Million |
| HAL Trust (HAL) | $8.56 Billion | 7.36% | 0.82x | $14.75 Billion |
| Value8 N.V (PREVA) | $61.73 Million | 8.45% | 1.67x | $11.84 Million |
| Reinet Investments S.C.A (REINA) | $3.66 Billion | 23.82% | 0.15x | $5.93 Billion |
| Value8 N.V (VALUE) | $71.32 Million | 6.31% | 0.05x | $64.35 Million |
About Allfunds Group Ltd
Allfunds Group plc, together with its subsidiaries, operates as a B2B WealthTech company that connects fund houses and distributors in the United Kingdom and internationally. It operates through two segments, Net Platform, and Net Subscription and Other Revenues. The company offers Connect, an Allfunds professional workstation; and Nextportfolio, a portfolio management system; and end-investor pl… Read more