Ricardo plc
Ricardo plc provides environmental, technical, and strategic consultancy services in the United Kingdom, Europe, North America, China, rest of Asia, Australia, and internationally. The company operates through Energy and Environment (EE), Rail, Automotive and Industrial (A&I) Established, Automotive and Industrial (A&I) Emerging, Defense, and Performance Products (PP) segments. The EE segment pro… Read more
Ricardo plc (RIR) - Net Assets
Latest net assets as of December 2024: €183.80 Million EUR
Based on the latest financial reports, Ricardo plc (RIR) has net assets worth €183.80 Million EUR as of December 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€457.70 Million) and total liabilities (€273.90 Million). 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 | €183.80 Million |
| % of Total Assets | 40.16% |
| Annual Growth Rate | 4.38% |
| 5-Year Change | 10.8% |
| 10-Year Change | 42.41% |
| Growth Volatility | 12.0 |
Ricardo plc - Net Assets Trend (2014–2024)
This chart illustrates how Ricardo plc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Ricardo plc (2014–2024)
The table below shows the annual net assets of Ricardo plc from 2014 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-06-30 | €165.20 Million | -6.46% |
| 2023-06-30 | €176.60 Million | -10.63% |
| 2022-06-30 | €197.60 Million | +8.10% |
| 2021-06-30 | €182.80 Million | +22.60% |
| 2020-06-30 | €149.10 Million | -13.26% |
| 2019-06-30 | €171.90 Million | -2.61% |
| 2018-06-30 | €176.50 Million | +13.36% |
| 2017-06-30 | €155.70 Million | +11.61% |
| 2016-06-30 | €139.50 Million | +20.26% |
| 2015-06-30 | €116.00 Million | +7.81% |
| 2014-06-30 | €107.60 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Ricardo 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 25.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (June 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €96.10 Million | 58.35% |
| Other Components | €68.60 Million | 41.65% |
| Total Equity | €164.70 Million | 100.00% |
Ricardo plc Competitors by Market Cap
The table below lists competitors of Ricardo plc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shanghai Shibei Hi-Tech Co Ltd B
SHG:900902
|
$168.57 Million |
|
KRN Heat Exchanger and Refrigeration
NSE:KRN
|
$168.59 Million |
|
SILOAM INTL HOS. RP 125
F:2LS
|
$168.65 Million |
|
Henan Newland Pharmaceutical Co. Ltd. A
SHE:301277
|
$168.72 Million |
|
Tropicana Corporation Bhd
KLSE:5401
|
$168.53 Million |
|
Xxentria Technology Materials Co Ltd
TWO:8942
|
$168.49 Million |
|
RAJAF
OTCQB:RAJAF
|
$168.48 Million |
|
Gersan Elektrik Ticaret ve Sanayi AS
IS:GEREL
|
$168.46 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ricardo plc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 176,200,000 to 164,700,000, a change of -11,500,000 (-6.5%).
- Net income of 700,000 contributed positively to equity growth.
- Dividend payments of 7,700,000 reduced retained earnings.
- Other factors decreased equity by 3,800,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €700.00K | +0.43% |
| Dividends Paid | €7.70 Million | -4.68% |
| Other Changes | €-3.80 Million | -2.31% |
| Total Change | €- | -6.53% |
Book Value vs Market Value Analysis
This analysis compares Ricardo 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: 1.84x
- 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 1.67x to 1.84x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-06-30 | €2.92 | €4.88 | x |
| 2018-06-30 | €3.30 | €4.88 | x |
| 2019-06-30 | €3.21 | €4.88 | x |
| 2020-06-30 | €2.78 | €4.88 | x |
| 2021-06-30 | €2.93 | €4.88 | x |
| 2022-06-30 | €3.17 | €4.88 | x |
| 2023-06-30 | €2.83 | €4.88 | x |
| 2024-06-30 | €2.65 | €4.88 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ricardo 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): 0.43%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.15%
- • Asset Turnover: 1.11x
- • Equity Multiplier: 2.60x
- Recent ROE (0.43%) is below the historical average (8.06%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 17.84% | 8.13% | 1.25x | 1.76x | €8.44 Million |
| 2015 | 16.03% | 7.22% | 1.00x | 2.21x | €7.00 Million |
| 2016 | 18.35% | 7.70% | 1.09x | 2.18x | €11.65 Million |
| 2017 | 15.96% | 7.04% | 1.03x | 2.19x | €9.26 Million |
| 2018 | 10.68% | 4.95% | 1.12x | 1.93x | €1.19 Million |
| 2019 | 11.55% | 5.15% | 1.03x | 2.17x | €2.66 Million |
| 2020 | -4.37% | -1.85% | 0.83x | 2.87x | €-21.36 Million |
| 2021 | 0.93% | 0.48% | 0.90x | 2.14x | €-16.56 Million |
| 2022 | 4.36% | 2.26% | 0.91x | 2.12x | €-11.14 Million |
| 2023 | -3.06% | -1.21% | 0.99x | 2.55x | €-23.02 Million |
| 2024 | 0.43% | 0.15% | 1.11x | 2.60x | €-15.77 Million |
Industry Comparison
This section compares Ricardo plc's net assets metrics with peer companies in the Consulting Services industry.
Industry Context
- Industry: Consulting Services
- Average net assets among peers: $398,807,715
- Average return on equity (ROE) among peers: -87.98%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Ricardo plc (RIR) | €183.80 Million | 17.84% | 1.49x | $168.54 Million |
| Palgon AG (3D6) | $151.52K | -61.78% | 0.06x | $58.10K |
| Rejlerkoncernen AB (3RE) | $1.94 Billion | 11.45% | 0.91x | $278.34 Million |
| RC Fornax Plc (8AD) | $108.00K | 533.33% | 12.88x | $670.36K |
| Avemio AG (AV2) | $161.06K | -862.69% | 0.03x | $5.08K |
| Natus Medical Incorporated (NM4) | $56.82 Million | -60.23% | 2.45x | $1.95 Million |