Royal Mail PLC
International Distribution Services plc, together with its subsidiaries, operates as a universal postal service provider in the United Kingdom and internationally. The company offers parcels and letter delivery services under the Royal Mail and Parcelforce Worldwide brands. It also provides services for the collection, sorting, and delivery of parcels and letters. In addition, the company operate… Read more
Royal Mail PLC (RYE) - Net Assets
Latest net assets as of March 2024: €3.54 Billion EUR
Based on the latest financial reports, Royal Mail PLC (RYE) has net assets worth €3.54 Billion EUR as of March 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€8.99 Billion) and total liabilities (€5.45 Billion). 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 | €3.54 Billion |
| % of Total Assets | 39.43% |
| Annual Growth Rate | 3.97% |
| 5-Year Change | -36.93% |
| 10-Year Change | -11.29% |
| Growth Volatility | 24.65 |
Royal Mail PLC - Net Assets Trend (2014–2024)
This chart illustrates how Royal Mail 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 Royal Mail PLC (2014–2024)
The table below shows the annual net assets of Royal Mail PLC from 2014 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-03-31 | €3.54 Billion | -6.76% |
| 2023-03-31 | €3.80 Billion | -28.72% |
| 2022-03-31 | €5.33 Billion | +11.01% |
| 2021-03-31 | €4.80 Billion | -14.52% |
| 2020-03-31 | €5.62 Billion | +21.69% |
| 2019-03-31 | €4.62 Billion | +4.13% |
| 2018-03-31 | €4.44 Billion | -11.24% |
| 2017-03-31 | €5.00 Billion | +11.89% |
| 2016-03-31 | €4.47 Billion | +11.79% |
| 2015-03-31 | €4.00 Billion | +66.43% |
| 2014-03-31 | €2.40 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Royal Mail 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 51.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €3.54 Billion | 99.86% |
| Other Components | €5.00 Million | 0.14% |
| Total Equity | €3.54 Billion | 100.00% |
Royal Mail PLC Competitors by Market Cap
The table below lists competitors of Royal Mail PLC ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Bedmutha Industries Limited
NSE:BEDMUTHA
|
$8.02 Million |
|
Zungwon En-Sys Inc
KQ:045510
|
$8.02 Million |
|
Iervolino & Lady Bacardi Entertainment S.p.A.
PA:ALIE
|
$8.02 Million |
|
SeaChange International Inc
NASDAQ:SEAC
|
$8.02 Million |
|
Innovative Solutions Ecosystem SA
MC:ISE
|
$8.01 Million |
|
Lealea Hotels & Resorts Co., Ltd.
TWO:5364
|
$8.01 Million |
|
Holistic Asset Finance Group Co. Ltd
PINK:HAFG
|
$8.00 Million |
|
Cayman Tung Ling Co Ltd
TWO:2924
|
$8.00 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Royal Mail PLC's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,802,000,000 to 3,545,000,000, a change of -257,000,000 (-6.8%).
- Net income of 54,000,000 contributed positively to equity growth.
- Other factors decreased equity by 311,000,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €54.00 Million | +1.52% |
| Other Changes | €-311.00 Million | -8.77% |
| Total Change | €- | -6.76% |
Book Value vs Market Value Analysis
This analysis compares Royal Mail 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: 0.04x
- 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 |
|---|---|---|---|
| 2017-03-31 | €5.00 | €0.15 | x |
| 2018-03-31 | €4.44 | €0.15 | x |
| 2019-03-31 | €4.62 | €0.15 | x |
| 2020-03-31 | €5.62 | €0.15 | x |
| 2021-03-31 | €4.81 | €0.15 | x |
| 2022-03-31 | €5.58 | €0.15 | x |
| 2023-03-31 | €3.98 | €0.15 | x |
| 2024-03-31 | €3.70 | €0.15 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Royal Mail 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): 1.52%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.43%
- • Asset Turnover: 1.41x
- • Equity Multiplier: 2.54x
- Recent ROE (1.52%) is below the historical average (7.98%), 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 | 53.34% | 13.65% | 1.71x | 2.29x | €1.04 Billion |
| 2015 | 8.15% | 3.48% | 1.30x | 1.80x | €-73.70 Million |
| 2016 | 5.41% | 2.61% | 1.22x | 1.70x | €-204.80 Million |
| 2017 | 5.44% | 2.78% | 1.17x | 1.67x | €-227.70 Million |
| 2018 | 5.84% | 2.55% | 1.40x | 1.64x | €-184.60 Million |
| 2019 | 3.79% | 1.65% | 1.43x | 1.60x | €-286.90 Million |
| 2020 | 2.86% | 1.49% | 0.98x | 1.96x | €-401.10 Million |
| 2021 | 12.90% | 4.91% | 1.27x | 2.08x | €139.50 Million |
| 2022 | 11.47% | 4.81% | 1.19x | 2.00x | €78.60 Million |
| 2023 | -22.96% | -7.25% | 1.37x | 2.32x | €-1.25 Billion |
| 2024 | 1.52% | 0.43% | 1.41x | 2.54x | €-300.50 Million |
Industry Comparison
This section compares Royal Mail PLC's net assets metrics with peer companies in the same industry.
Industry Context
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Royal Mail PLC (RYE) | €3.54 Billion | 53.34% | 1.54x | $8.01 Million |
| Hanna Capital Corp (04U1) | $-79.29K | 0.00% | 0.00x | $116.52K |
| WESTMINSTER RES (08W) | $4.66 Million | -31.33% | 0.12x | $5.16 Million |
| Axonics Inc (0I3) | $570.14 Million | -10.47% | 0.16x | $3.29 Billion |
| Global Bioenergies SA (1DK) | $14.81 Million | -86.04% | 0.89x | $369.68K |
| GIEAG Immobilien AG (2GI) | $41.80 Million | 40.21% | 8.93x | $15.57K |
| 2invest AG (2INV) | $82.61 Million | -2.29% | 0.06x | $13.67 Million |
| PT Central Proteina Prima Tbk (4PT) | $3.42 Trillion | 11.74% | 1.00x | $6.90 Million |
| DGH Deutsche Grundwert Holding AG (5TR) | $0.00 | 0.00% | 0.00x | $18.45K |
| SOFTCHOICE CORP. (90Q) | $58.23 Million | -19.76% | 10.01x | $470.36 Million |
| ALBA SE (ABA) | $142.95 Million | 5.25% | 0.45x | $5.10 Million |