Persimmon Plc (OHP) - Net Assets
Based on the latest financial reports, Persimmon Plc (OHP) has net assets worth €3.48 Billion EUR (≈ $4.07 Billion USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€4.99 Billion ≈ $5.84 Billion USD) and total liabilities (€1.51 Billion ≈ $1.76 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. Read total liabilities of Persimmon Plc for a breakdown of total debt and financial obligations.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €3.48 Billion |
| % of Total Assets | 69.81% |
| Annual Growth Rate | 5.02% |
| 5-Year Change | -0.34% |
| 10-Year Change | 42.79% |
| Growth Volatility | 6.23 |
Persimmon Plc - Net Assets Trend (2013–2024)
This chart illustrates how Persimmon Plc's net assets have evolved over time, based on quarterly financial data. Also explore Persimmon Plc asset portfolio for the complete picture of this company's asset base.
Annual Net Assets for Persimmon Plc (2013–2024)
The table below shows the annual net assets of Persimmon Plc from 2013 to 2024. For live valuation and market cap data, see how much is Persimmon Plc worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €3.51 Billion ≈ $4.10 Billion |
+2.58% |
| 2023-12-31 | €3.42 Billion ≈ $4.00 Billion |
-0.60% |
| 2022-12-31 | €3.44 Billion ≈ $4.02 Billion |
-5.13% |
| 2021-12-31 | €3.63 Billion ≈ $4.24 Billion |
+3.04% |
| 2020-12-31 | €3.52 Billion ≈ $4.11 Billion |
+7.98% |
| 2019-12-31 | €3.26 Billion ≈ $3.81 Billion |
+2.00% |
| 2018-12-31 | €3.19 Billion ≈ $3.73 Billion |
-0.22% |
| 2017-12-31 | €3.20 Billion ≈ $3.74 Billion |
+16.96% |
| 2016-12-31 | €2.74 Billion ≈ $3.20 Billion |
+11.47% |
| 2015-12-31 | €2.46 Billion ≈ $2.87 Billion |
+12.00% |
| 2014-12-31 | €2.19 Billion ≈ $2.56 Billion |
+7.19% |
| 2013-12-31 | €2.05 Billion ≈ $2.39 Billion |
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Equity Component Analysis
This analysis shows how different components contribute to Persimmon 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 96.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €2.94 Billion | 83.72% |
| Other Components | €570.90 Million | 16.28% |
| Total Equity | €3.51 Billion | 100.00% |
Persimmon Plc Competitors by Market Cap
The table below lists competitors of Persimmon Plc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Crocs Inc
NASDAQ:CROX
|
$4.52 Billion |
|
LEG Immobilien SE
XETRA:LEG
|
$4.52 Billion |
|
KURITA WTR IND.UNSP.ADR 2
F:KWI0
|
$4.52 Billion |
|
Shanghai Junshi Biosciences Co Ltd
SHG:688180
|
$4.52 Billion |
|
Balkrishna Industries Limited
NSE:BALKRISIND
|
$4.52 Billion |
|
T&S Communications Co Ltd
SHE:300570
|
$4.52 Billion |
|
BURBERRY GROUP ADR/
F:BB2A
|
$4.51 Billion |
|
Humanwell Healthcare Group Co Ltd
SHG:600079
|
$4.51 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Persimmon Plc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,418,500,000 to 3,506,600,000, a change of 88,100,000 (2.6%).
- Net income of 267,100,000 contributed positively to equity growth.
- Dividend payments of 191,800,000 reduced retained earnings.
- Share repurchases of 200,000 reduced equity.
- New share issuances of 100,000 increased equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €267.10 Million | +7.62% |
| Dividends Paid | €191.80 Million | -5.47% |
| Share Repurchases | €200.00K | -0.01% |
| Share Issuances | €100.00K | +0.0% |
| Other Changes | €12.90 Million | +0.37% |
| Total Change | €- | 2.58% |
Book Value vs Market Value Analysis
This analysis compares Persimmon 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: 1.10x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | €10.37 | €12.06 | x |
| 2018-12-31 | €10.06 | €12.06 | x |
| 2019-12-31 | €10.22 | €12.06 | x |
| 2020-12-31 | €11.03 | €12.06 | x |
| 2021-12-31 | €11.36 | €12.06 | x |
| 2022-12-31 | €10.77 | €12.06 | x |
| 2023-12-31 | €10.70 | €12.06 | x |
| 2024-12-31 | €10.97 | €12.06 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Persimmon 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): 7.62%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.35%
- • Asset Turnover: 0.66x
- • Equity Multiplier: 1.38x
- Recent ROE (7.62%) is below the historical average (18.61%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 12.57% | 12.33% | 0.69x | 1.48x | €52.65 Million |
| 2014 | 16.97% | 14.45% | 0.77x | 1.53x | €152.74 Million |
| 2015 | 21.25% | 17.99% | 0.76x | 1.56x | €276.32 Million |
| 2016 | 22.84% | 19.93% | 0.76x | 1.51x | €351.56 Million |
| 2017 | 24.58% | 22.99% | 0.72x | 1.49x | €466.74 Million |
| 2018 | 27.75% | 23.72% | 0.80x | 1.46x | €566.95 Million |
| 2019 | 26.05% | 23.26% | 0.81x | 1.38x | €522.97 Million |
| 2020 | 18.14% | 19.18% | 0.72x | 1.31x | €286.56 Million |
| 2021 | 21.71% | 21.80% | 0.75x | 1.32x | €424.68 Million |
| 2022 | 16.31% | 14.70% | 0.76x | 1.46x | €217.07 Million |
| 2023 | 7.47% | 9.21% | 0.58x | 1.40x | €-86.45 Million |
| 2024 | 7.62% | 8.35% | 0.66x | 1.38x | €-83.56 Million |
Industry Comparison
This section compares Persimmon Plc's net assets metrics with peer companies in the Residential Construction industry.
Industry Context
- Industry: Residential Construction
- Average net assets among peers: $143,527,000
- Average return on equity (ROE) among peers: 11.20%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Persimmon Plc (OHP) | €3.48 Billion | 12.57% | 0.43x | $4.52 Billion |
| SPRINGFIELD PROP. LS-125 (9MZ) | $143.53 Million | 11.20% | 1.00x | $138.21 Million |
About Persimmon Plc
Persimmon Plc, together with its subsidiaries, operates as a house builder in the United Kingdom. The company offers family housing under the Persimmon Homes brand name; housing under the Charles Church brand name; and social housing under the Westbury Partnerships brand name. It also provides broadband services under the FibreNest brand; and timber frame, insulated wall panels, and roof cassette… Read more