IG GROUP HDGS
IG GROUP HDGS operates in Diversified Metals & Mining.
IG GROUP HDGS (I5G) - Net Assets
Latest net assets as of May 2024: €1.89 Billion EUR
Based on the latest financial reports, IG GROUP HDGS (I5G) has net assets worth €1.89 Billion EUR as of May 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€2.94 Billion) and total liabilities (€1.05 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 | €1.89 Billion |
| % of Total Assets | 64.25% |
| Annual Growth Rate | 13.99% |
| 5-Year Change | 101.89% |
| 10-Year Change | N/A |
| Growth Volatility | 25.16 |
IG GROUP HDGS - Net Assets Trend (2016–2024)
This chart illustrates how IG GROUP HDGS's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for IG GROUP HDGS (2016–2024)
The table below shows the annual net assets of IG GROUP HDGS from 2016 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-05-31 | €1.89 Billion | -6.21% |
| 2023-05-31 | €2.01 Billion | -0.65% |
| 2022-05-31 | €2.03 Billion | +78.93% |
| 2021-05-31 | €1.13 Billion | +21.09% |
| 2020-05-31 | €935.90 Million | +11.18% |
| 2019-05-31 | €841.80 Million | -0.04% |
| 2018-05-31 | €842.10 Million | +14.52% |
| 2017-05-31 | €735.30 Million | +10.90% |
| 2016-05-31 | €663.00 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to IG GROUP HDGS'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 210.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (May 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €1.10 Billion | 58.13% |
| Other Components | €791.10 Million | 41.87% |
| Total Equity | €1.89 Billion | 100.00% |
IG GROUP HDGS Competitors by Market Cap
The table below lists competitors of IG GROUP HDGS ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Western Asset Investment Grade Defined Opportunity Closed Fund
NYSE:IGI
|
$150.23K |
|
Organic Potash Corporation
PINK:OPCGF
|
$150.44K |
|
INVOLYS
BC:INVOLYS
|
$150.45K |
|
Sejahtera Bintang Abadi Textile Tbk
JK:SBAT
|
$150.52K |
|
PSA-P-R
NYSE:PSA-P-R
|
$150.08K |
|
UBSS
NEO:UBSS
|
$150.08K |
|
Seven Oaks Capital Corp.
V:SEVN-P
|
$150.03K |
|
Picpay Holdings Netherlands N.V. Class A Common Shares
NASDAQ:PICS
|
$150.01K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in IG GROUP HDGS's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,014,600,000 to 1,889,500,000, a change of -125,100,000 (-6.2%).
- Net income of 307,700,000 contributed positively to equity growth.
- Dividend payments of 178,300,000 reduced retained earnings.
- Share repurchases of 258,900,000 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €307.70 Million | +16.28% |
| Dividends Paid | €178.30 Million | -9.44% |
| Share Repurchases | €258.90 Million | -13.7% |
| Other Changes | €4.40 Million | +0.23% |
| Total Change | €- | -6.21% |
Book Value vs Market Value Analysis
This analysis compares IG GROUP HDGS'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: 3.00x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 7.60x to 3.00x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-05-31 | €2.00 | €15.22 | x |
| 2018-05-31 | €2.29 | €15.22 | x |
| 2019-05-31 | €2.28 | €15.22 | x |
| 2020-05-31 | €2.53 | €15.22 | x |
| 2021-05-31 | €3.06 | €15.22 | x |
| 2022-05-31 | €4.70 | €15.22 | x |
| 2023-05-31 | €4.94 | €15.22 | x |
| 2024-05-31 | €5.07 | €15.22 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently IG GROUP HDGS 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): 16.28%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 36.10%
- • Asset Turnover: 0.29x
- • Equity Multiplier: 1.56x
- Recent ROE (16.28%) is below the historical average (23.47%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 24.78% | 33.67% | 0.62x | 1.19x | €98.00 Million |
| 2017 | 23.01% | 32.62% | 0.56x | 1.26x | €95.67 Million |
| 2018 | 26.89% | 38.36% | 0.56x | 1.26x | €142.19 Million |
| 2019 | 18.80% | 32.44% | 0.43x | 1.33x | €74.12 Million |
| 2020 | 25.69% | 36.55% | 0.51x | 1.39x | €146.81 Million |
| 2021 | 32.82% | 43.91% | 0.49x | 1.52x | €258.57 Million |
| 2022 | 24.85% | 51.31% | 0.31x | 1.54x | €301.12 Million |
| 2023 | 18.12% | 38.43% | 0.32x | 1.49x | €163.54 Million |
| 2024 | 16.28% | 36.10% | 0.29x | 1.56x | €118.75 Million |
Industry Comparison
This section compares IG GROUP HDGS's net assets metrics with peer companies in the Other industry.
Industry Context
- Industry: Other
- Average net assets among peers: $114,212,818,724
- Average return on equity (ROE) among peers: -9.08%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| IG GROUP HDGS (I5G) | €1.89 Billion | 24.78% | 0.56x | $150.10K |
| HORIBA (01H) | $204.49 Billion | 10.42% | 0.82x | $989.01K |
| Tokyu Corporation (01T) | $779.37 Billion | 3.34% | 2.35x | $99.73K |
| GUANGZHOU AUTO -H- (02G) | $122.28 Billion | 6.59% | 0.55x | $4.05K |
| MOSAIC (02M) | $10.60 Billion | 4.43% | 0.90x | $280.83K |
| MOSAIC (02M.SG) (02M) | $9.56 Billion | 10.46% | 0.82x | $247.21K |
| CHINA JO-JO DRGSTRS (04CN.SG) (04CN) | $16.67 Million | -126.83% | 4.46x | $1.55 Million |
| KRAKATAU STEEL -B- (07K) | $552.59 Million | 3.52% | 4.72x | $166.99 |
| CN MODERN DAIRY (07M) | $7.12 Billion | -10.42% | 1.50x | $1.68K |
| TOURMALINE OIL (08T) | $7.22 Billion | 4.81% | 0.41x | $381.02K |
| ASIA CASSAVA RESOUR (0ACS) | $913.15 Million | 2.86% | 1.55x | $325.03 |