Grainger PLC (1U4) - Net Assets
Based on the latest financial reports, Grainger PLC (1U4) has net assets worth €2.04 Billion EUR (≈ $2.38 Billion USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€3.77 Billion ≈ $4.41 Billion USD) and total liabilities (€1.73 Billion ≈ $2.02 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 tangible equity quality of Grainger PLC to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €2.04 Billion |
| % of Total Assets | 54.08% |
| Annual Growth Rate | 13.41% |
| 5-Year Change | 17.3% |
| 10-Year Change | N/A |
| Growth Volatility | 15.48 |
Grainger PLC - Net Assets Trend (2017–2025)
This chart illustrates how Grainger PLC's net assets have evolved over time, based on quarterly financial data. See defensive interval ratio of Grainger PLC to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Grainger PLC (2017–2025)
The table below shows the annual net assets of Grainger PLC from 2017 to 2025. For live valuation and market cap data, see market value of Grainger PLC.
| Year | Net Assets | Change |
|---|---|---|
| 2025-09-30 | €2.04 Billion ≈ $2.38 Billion |
+7.72% |
| 2024-09-30 | €1.89 Billion ≈ $2.21 Billion |
-1.81% |
| 2023-09-30 | €1.93 Billion ≈ $2.25 Billion |
-1.94% |
| 2022-09-30 | €1.97 Billion ≈ $2.30 Billion |
+13.10% |
| 2021-09-30 | €1.74 Billion ≈ $2.03 Billion |
+18.87% |
| 2020-09-30 | €1.46 Billion ≈ $1.71 Billion |
+19.57% |
| 2019-09-30 | €1.22 Billion ≈ $1.43 Billion |
+50.01% |
| 2018-09-30 | €815.60 Million ≈ $953.52 Million |
+9.43% |
| 2017-09-30 | €745.30 Million ≈ $871.33 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Grainger PLC'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 91.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (September 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €1.16 Billion | 56.95% |
| Other Components | €878.20 Million | 43.05% |
| Total Equity | €2.04 Billion | 100.00% |
Grainger PLC Competitors by Market Cap
The table below lists competitors of Grainger PLC ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Sino Wealth Electronic Ltd
SHE:300327
|
$1.35 Billion |
|
Crayon Group Holding ASA
OL:CRAYN
|
$1.35 Billion |
|
SFL Corporation Ltd
F:UG6
|
$1.35 Billion |
|
Rami Levi
TA:RMLI
|
$1.36 Billion |
|
Jiangling Motors Corp Ltd
SHE:000550
|
$1.35 Billion |
|
Regis Healthcare Ltd
AU:REG
|
$1.35 Billion |
|
HBIS Resources Co Ltd
SHE:000923
|
$1.35 Billion |
|
Yantai China Pet Foods Co Ltd
SHE:002891
|
$1.35 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Grainger PLC's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,893,700,000 to 2,039,800,000, a change of 146,100,000 (7.7%).
- Net income of 202,600,000 contributed positively to equity growth.
- Dividend payments of 58,100,000 reduced retained earnings.
- Share repurchases of 100,000 reduced equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €202.60 Million | +9.93% |
| Dividends Paid | €58.10 Million | -2.85% |
| Share Repurchases | €100.00K | -0.0% |
| Other Changes | €1.70 Million | +0.08% |
| Total Change | €- | 7.72% |
Book Value vs Market Value Analysis
This analysis compares Grainger PLC'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: 0.68x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 1.16x to 0.68x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-09-30 | €1.62 | €1.88 | x |
| 2018-09-30 | €1.77 | €1.88 | x |
| 2019-09-30 | €2.00 | €1.88 | x |
| 2020-09-30 | €2.17 | €1.88 | x |
| 2021-09-30 | €2.35 | €1.88 | x |
| 2022-09-30 | €2.65 | €1.88 | x |
| 2023-09-30 | €2.61 | €1.88 | x |
| 2024-09-30 | €2.57 | €1.88 | x |
| 2025-09-30 | €2.76 | €1.88 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Grainger PLC 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): 9.93%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 78.25%
- • Asset Turnover: 0.07x
- • Equity Multiplier: 1.85x
- Recent ROE (9.93%) is above the historical average (7.48%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 10.02% | 28.22% | 0.15x | 2.37x | €170.00K |
| 2018 | 10.72% | 33.16% | 0.14x | 2.32x | €5.84 Million |
| 2019 | 9.39% | 52.61% | 0.08x | 2.15x | €-7.45 Million |
| 2020 | 6.34% | 44.47% | 0.07x | 2.04x | €-53.50 Million |
| 2021 | 6.30% | 44.44% | 0.08x | 1.88x | €-64.40 Million |
| 2022 | 11.66% | 82.67% | 0.08x | 1.82x | €32.72 Million |
| 2023 | 1.33% | 9.65% | 0.07x | 1.93x | €-167.26 Million |
| 2024 | 1.65% | 10.96% | 0.08x | 1.98x | €-158.17 Million |
| 2025 | 9.93% | 78.25% | 0.07x | 1.85x | €-1.38 Million |
Industry Comparison
This section compares Grainger PLC's net assets metrics with peer companies in the Real Estate Services industry.
Industry Context
- Industry: Real Estate Services
- Average net assets among peers: $18,834,696,049
- Average return on equity (ROE) among peers: -5.24%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Grainger PLC (1U4) | €2.04 Billion | 10.02% | 0.85x | $1.35 Billion |
| A-LIVING SM.CI.SV. H YC 1 (1V0) | $11.15 Billion | -29.58% | 0.82x | $337.61 Million |
| E-H.(CH)ENT. H. DL-00001 (1VC) | $-9.99 Million | 0.00% | 0.00x | $8.18 Million |
| RomReal Limited (3RR) | $21.67 Million | -12.13% | 0.56x | $8.39 Million |
| Red Star Macalline Group Corporation Ltd (3S5) | $55.14 Billion | -4.38% | 1.25x | $113.53 Million |
| SOHO China Limited (45S) | $35.65 Billion | 2.55% | 0.89x | $246.98 Million |
| CELLN.TELEC.UNSP.ADR/1/2 (4720) | $15.83 Billion | -2.29% | 1.64x | $17.56 Billion |
| SHIMAO SERV.HLDGS HD-01 (5GO) | $8.04 Billion | -3.39% | 0.62x | $154.26 Million |
| SUNAC SERVIC.HLDGS HD-01 (65D) | $5.32 Billion | -8.48% | 0.99x | $302.99 Million |
| COUNTRY GARDEN SVDL-0001 (75H) | $38.37 Billion | 10.51% | 0.74x | $2.17 Billion |
About Grainger PLC
Grainger plc designs, builds, develops, owns and operates rental homes in the United Kingdom. The company operates through Private rented sector (PRS), Reversionary, and Others segments. The PRS segment includes stabilized PRS assets, as well as private rented under construction due to direct development and forward funding arrangements. The Reversionary segment consists of regulated tenancies, a… Read more