IMPERIAL BRANDS PLC ADR/1 (ITBA) - Net Assets
Based on the latest financial reports, IMPERIAL BRANDS PLC ADR/1 (ITBA) has net assets worth €5.43 Billion EUR (≈ $6.35 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 (€28.71 Billion ≈ $33.57 Billion USD) and total liabilities (€23.28 Billion ≈ $27.22 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. Explore ITBA cash flow metrics to assess how effectively this company generates cash.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €5.43 Billion |
| % of Total Assets | 18.92% |
| Annual Growth Rate | -10.09% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 0.78 |
IMPERIAL BRANDS PLC ADR/1 - Net Assets Trend (2022–2025)
This chart illustrates how IMPERIAL BRANDS PLC ADR/1's net assets have evolved over time, based on quarterly financial data. Also explore ITBA current and non-current assets for the complete picture of this company's asset base.
Annual Net Assets for IMPERIAL BRANDS PLC ADR/1 (2022–2025)
The table below shows the annual net assets of IMPERIAL BRANDS PLC ADR/1 from 2022 to 2025. For live valuation and market cap data, see IMPERIAL BRANDS PLC ADR/1 (ITBA) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-09-30 | €5.43 Billion ≈ $6.35 Billion |
-9.90% |
| 2024-09-30 | €6.03 Billion ≈ $7.05 Billion |
-9.23% |
| 2023-09-30 | €6.64 Billion ≈ $7.77 Billion |
-11.12% |
| 2022-09-30 | €7.47 Billion ≈ $8.74 Billion |
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Equity Component Analysis
This analysis shows how different components contribute to IMPERIAL BRANDS PLC ADR/1'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 76200000000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (September 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €6.03 Billion | 124.98% |
| Total Equity | €4.82 Billion | 100.00% |
IMPERIAL BRANDS PLC ADR/1 Competitors by Market Cap
The table below lists competitors of IMPERIAL BRANDS PLC ADR/1 ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
NRG Energy Inc.
NYSE:NRG
|
$29.12 Billion |
|
Foshan Haitian Flavouring and Food Co Ltd
SHG:603288
|
$29.17 Billion |
|
FANUC CORP.UNSP.ADR 1/10
F:FUCA
|
$29.28 Billion |
|
Hershey Co
NYSE:HSY
|
$29.32 Billion |
|
Gulf Energy Development Public Company Limited
BK:GULF
|
$29.10 Billion |
|
Avenue Supermarts Limited
NSE:DMART
|
$29.09 Billion |
|
Adyen NV
AS:ADYEN
|
$29.05 Billion |
|
Centene Corp
NYSE:CNC
|
$29.04 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in IMPERIAL BRANDS PLC ADR/1's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 5,442,000,000 to 4,824,000,000, a change of -618,000,000 (-11.4%).
- Net income of 2,071,000,000 contributed positively to equity growth.
- Dividend payments of 1,558,000,000 reduced retained earnings.
- Share repurchases of 1,235,000,000 reduced equity.
- Other factors increased equity by 104,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €2.07 Billion | +42.93% |
| Dividends Paid | €1.56 Billion | -32.3% |
| Share Repurchases | €1.24 Billion | -25.6% |
| Other Changes | €104.00 Million | +2.16% |
| Total Change | €- | -11.36% |
Book Value vs Market Value Analysis
This analysis compares IMPERIAL BRANDS PLC ADR/1'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: 5.27x
- 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 increased from 4.36x to 5.27x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2022-09-30 | €7.25 | €31.60 | x |
| 2023-09-30 | €6.71 | €31.60 | x |
| 2024-09-30 | €6.43 | €31.60 | x |
| 2025-09-30 | €6.00 | €31.60 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently IMPERIAL BRANDS PLC ADR/1 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): 42.93%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.44%
- • Asset Turnover: 1.12x
- • Equity Multiplier: 5.95x
- Recent ROE (42.93%) is above the historical average (38.12%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2022 | 22.89% | 4.82% | 1.05x | 4.51x | €884.00 Million |
| 2023 | 38.66% | 7.17% | 1.10x | 4.90x | €1.73 Billion |
| 2024 | 48.02% | 8.06% | 1.16x | 5.11x | €2.07 Billion |
| 2025 | 42.93% | 6.44% | 1.12x | 5.95x | €1.59 Billion |
Industry Comparison
This section compares IMPERIAL BRANDS PLC ADR/1's net assets metrics with peer companies in the Tobacco industry.
Industry Context
- Industry: Tobacco
- Average net assets among peers: $13,518,752,000
- Average return on equity (ROE) among peers: 14.98%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| IMPERIAL BRANDS PLC ADR/1 (ITBA) | €5.43 Billion | 22.89% | 4.29x | $29.11 Billion |
| RLX TECH. SP.ADR/1 CL.A (3CM) | $13.52 Billion | 14.98% | 0.21x | $1.99 Billion |
About IMPERIAL BRANDS PLC ADR/1
Imperial Brands PLC, together with its subsidiaries, manufactures, imports, markets, and sells tobacco and tobacco-related products in Europe, the Americas, Africa, the Asia, Australasia, and internationally. It offers a range of cigarettes, tobacco accessories, vapour, heated tobacco, and oral nicotine. The company sells its products under various brands, including JPS, Davidoff, Gauloises, West… Read more