SHEARWATER GRP PLC LS-10 (DTW1) - Net Assets
Based on the latest financial reports, SHEARWATER GRP PLC LS-10 (DTW1) has net assets worth €44.40 Million EUR (≈ $51.91 Million USD) as of September 2024. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€54.90 Million ≈ $64.18 Million USD) and total liabilities (€10.50 Million ≈ $12.28 Million 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. See DTW1 net asset quality index to measure how much of total assets are equity-financed.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €44.40 Million |
| % of Total Assets | 80.87% |
| Annual Growth Rate | -6.63% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 5.84 |
SHEARWATER GRP PLC LS-10 - Net Assets Trend (2021–2024)
This chart illustrates how SHEARWATER GRP PLC LS-10's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see SHEARWATER GRP PLC LS-10 (DTW1) total market value.
Annual Net Assets for SHEARWATER GRP PLC LS-10 (2021–2024)
The table below shows the annual net assets of SHEARWATER GRP PLC LS-10 from 2021 to 2024. Also explore DTW1 year-over-year net asset growth to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2024-03-31 | €45.98 Million ≈ $53.75 Million |
-4.46% |
| 2023-03-31 | €48.12 Million ≈ $56.26 Million |
-14.38% |
| 2022-03-31 | €56.21 Million ≈ $65.71 Million |
-0.50% |
| 2021-03-31 | €56.49 Million ≈ $66.04 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to SHEARWATER GRP PLC LS-10'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 921200000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €79.97 Million | 173.94% |
| Total Equity | €45.98 Million | 100.00% |
SHEARWATER GRP PLC LS-10 Competitors by Market Cap
The table below lists competitors of SHEARWATER GRP PLC LS-10 ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Firstwave Cloud Technology Ltd
AU:FCT
|
$10.53 Million |
|
Celsius Resources Ltd
AU:CLA
|
$10.53 Million |
|
Income Asset Management Group Ltd
AU:IAM
|
$10.54 Million |
|
Alfa Energi Investama Tbk PT
JK:FIRE
|
$10.55 Million |
|
Ata Gayrimenkul Yatirim Ortakligi AS
IS:ATAGY
|
$10.53 Million |
|
Bengal Energy Ltd
TO:BNG
|
$10.53 Million |
|
Advanced Biomed Inc. Common Stock
NASDAQ:ADVB
|
$10.52 Million |
|
CWG Holdings Bhd
KLSE:9423
|
$10.52 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in SHEARWATER GRP PLC LS-10's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 48,123,000 to 45,976,000, a change of -2,147,000 (-4.5%).
- Net loss of 2,170,000 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-2.17 Million | -4.72% |
| Other Changes | €23.00K | +0.05% |
| Total Change | €- | -4.46% |
Book Value vs Market Value Analysis
This analysis compares SHEARWATER GRP PLC LS-10'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: 0.21x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-03-31 | €2.37 | €0.41 | x |
| 2022-03-31 | €2.36 | €0.41 | x |
| 2023-03-31 | €2.02 | €0.41 | x |
| 2024-03-31 | €1.93 | €0.41 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently SHEARWATER GRP PLC LS-10 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): -4.72%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -9.58%
- • Asset Turnover: 0.36x
- • Equity Multiplier: 1.35x
- Recent ROE (-4.72%) is above the historical average (-5.49%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 0.26% | 0.46% | 0.44x | 1.29x | €-5.50 Million |
| 2022 | -0.52% | -0.81% | 0.46x | 1.40x | €-5.91 Million |
| 2023 | -16.99% | -30.63% | 0.38x | 1.45x | €-12.99 Million |
| 2024 | -4.72% | -9.58% | 0.36x | 1.35x | €-6.77 Million |
Industry Comparison
This section compares SHEARWATER GRP PLC LS-10's net assets metrics with peer companies in the Software - Infrastructure industry.
Industry Context
- Industry: Software - Infrastructure
- Average net assets among peers: $2,113,174,175
- Average return on equity (ROE) among peers: -8.93%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| SHEARWATER GRP PLC LS-10 (DTW1) | €44.40 Million | 0.26% | 0.24x | $10.53 Million |
| StoneCo Ltd (0Q0) | $11.83 Billion | -12.81% | 3.63x | $2.41 Billion |
| ADYEN NV UNSP.ADR/001 (1N8U) | $3.15 Billion | 22.16% | 2.04x | $30.86 Billion |
| QBRICK AB (PUBL) (2A8) | $14.23 Million | -86.06% | 1.11x | $19.38K |
| Endava plc (2Y5) | $582.94 Million | 3.64% | 0.61x | $120.22 Million |
| VIVOPOWER INTL. DL -012 (51J) | $40.42 Million | -18.73% | 0.89x | $106.61 Million |
| NOWVERTICAL GROUP INC. (5XQ) | $-2.65 Million | 0.00% | 0.00x | $9.43 Million |
| ADVENICA AB (65R) | $39.57 Million | -43.00% | 2.21x | $68.18 Million |
| BAIRONG INC.CL.B -00002 (6B5) | $4.45 Billion | 7.65% | 0.24x | $211.30 Million |
| XPLUS SA ZY -01 (75R) | $22.71 Million | 37.38% | 1.07x | $36.08 Million |
| TUYA INC.ADR/1A (785) | $1.01 Billion | 0.50% | 0.10x | $1.11 Billion |
About SHEARWATER GRP PLC LS-10
Shearwater Group plc, together with its subsidiaries, provides cyber security, managed security, and professional advisory solutions for corporate clients in the United Kingdom, rest of Europe, North America, and internationally. It operates through two segments, Software and Services. The company offers SecurEnvoy, a software that provides identity and access management, data discovery, regulato… Read more