ROYAL MAIL
ROYAL MAIL operates in Diversified Metals & Mining.
ROYAL MAIL (RYE) - Net Assets
Latest net assets as of March 2024: €3.54 Billion EUR
Based on the latest financial reports, ROYAL MAIL (RYE) has net assets worth €3.54 Billion EUR as of March 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€8.99 Billion) and total liabilities (€5.45 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 | €3.54 Billion |
| % of Total Assets | 39.43% |
| Annual Growth Rate | -4.79% |
| 5-Year Change | -36.93% |
| 10-Year Change | N/A |
| Growth Volatility | 15.73 |
ROYAL MAIL - Net Assets Trend (2017–2024)
This chart illustrates how ROYAL MAIL's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for ROYAL MAIL (2017–2024)
The table below shows the annual net assets of ROYAL MAIL from 2017 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-03-31 | €3.54 Billion | -6.76% |
| 2023-03-31 | €3.80 Billion | -28.72% |
| 2022-03-31 | €5.33 Billion | +11.01% |
| 2021-03-31 | €4.80 Billion | -14.52% |
| 2020-03-31 | €5.62 Billion | +21.69% |
| 2019-03-31 | €4.62 Billion | +4.13% |
| 2018-03-31 | €4.44 Billion | -11.24% |
| 2017-03-31 | €5.00 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to ROYAL MAIL'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 28.3% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €3.54 Billion | 99.86% |
| Other Components | €5.00 Million | 0.14% |
| Total Equity | €3.54 Billion | 100.00% |
ROYAL MAIL Competitors by Market Cap
The table below lists competitors of ROYAL MAIL ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
G-Tec Jainx Education Limited
NSE:GTECJAINX
|
$40.32K |
|
LOGG3F
SA:LOGG3F
|
$40.42K |
|
CYXONE AB SK-75
F:4CX
|
$40.46K |
|
MEMSCAP (MSBA.SG)
STU:MSBA
|
$40.59K |
|
Pensana Rare Earths Plc
LSE:PRE
|
$40.32K |
|
Bloomia Holdings, Inc.
NASDAQ:TULP
|
$40.32K |
|
Minth Group Ltd
STU:M3I
|
$40.31K |
|
VIETNAM HOLDING LTD
F:2YL
|
$40.29K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in ROYAL MAIL's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,802,000,000 to 3,545,000,000, a change of -257,000,000 (-6.8%).
- Net income of 54,000,000 contributed positively to equity growth.
- Other factors decreased equity by 311,000,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €54.00 Million | +1.52% |
| Other Changes | €-311.00 Million | -8.77% |
| Total Change | €- | -6.76% |
Book Value vs Market Value Analysis
This analysis compares ROYAL MAIL'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: 1.15x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 0.85x to 1.15x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-03-31 | €5.00 | €4.26 | x |
| 2018-03-31 | €4.44 | €4.26 | x |
| 2019-03-31 | €4.62 | €4.26 | x |
| 2020-03-31 | €5.62 | €4.26 | x |
| 2021-03-31 | €4.81 | €4.26 | x |
| 2022-03-31 | €5.58 | €4.26 | x |
| 2023-03-31 | €3.98 | €4.26 | x |
| 2024-03-31 | €3.70 | €4.26 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently ROYAL MAIL 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): 1.52%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.43%
- • Asset Turnover: 1.41x
- • Equity Multiplier: 2.54x
- Recent ROE (1.52%) is below the historical average (2.61%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 5.44% | 2.78% | 1.17x | 1.67x | €-227.70 Million |
| 2018 | 5.84% | 2.55% | 1.40x | 1.64x | €-184.60 Million |
| 2019 | 3.79% | 1.65% | 1.43x | 1.60x | €-286.90 Million |
| 2020 | 2.86% | 1.49% | 0.98x | 1.96x | €-401.10 Million |
| 2021 | 12.90% | 4.91% | 1.27x | 2.08x | €139.50 Million |
| 2022 | 11.47% | 4.81% | 1.18x | 2.01x | €78.60 Million |
| 2023 | -22.96% | -7.25% | 1.37x | 2.32x | €-1.25 Billion |
| 2024 | 1.52% | 0.43% | 1.41x | 2.54x | €-300.50 Million |
Industry Comparison
This section compares ROYAL MAIL'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 |
|---|---|---|---|---|
| ROYAL MAIL (RYE) | €3.54 Billion | 5.44% | 1.54x | $40.32K |
| 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 |