Williams Grand Prix Holdings PLC
Williams Grand Prix Holdings PLC, together with its subsidiaries, engages in the design, manufacture, and entry of race cars for Formula One World Championship in the United Kingdom. The company also manages a Formula One racing team. In addition, it provides technical innovation, engineering, testing, and manufacturing services to the automotive, aerospace, defense, and energy sectors. Williams … Read more
Williams Grand Prix Holdings PLC (WGF1) - Net Assets
Latest net assets as of December 2019: €69.73 Million EUR
Based on the latest financial reports, Williams Grand Prix Holdings PLC (WGF1) has net assets worth €69.73 Million EUR as of December 2019.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€134.62 Million) and total liabilities (€64.89 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 | €69.73 Million |
| % of Total Assets | 51.8% |
| Annual Growth Rate | -0.56% |
| 5-Year Change | 178.86% |
| 10-Year Change | N/A |
| Growth Volatility | 35.6 |
Williams Grand Prix Holdings PLC - Net Assets Trend (2013–2019)
This chart illustrates how Williams Grand Prix Holdings 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 Williams Grand Prix Holdings PLC (2013–2019)
The table below shows the annual net assets of Williams Grand Prix Holdings PLC from 2013 to 2019.
| Year | Net Assets | Change |
|---|---|---|
| 2019-12-31 | €69.73 Million | +36.63% |
| 2018-12-31 | €51.04 Million | +9.54% |
| 2017-12-31 | €46.59 Million | +48.07% |
| 2016-12-31 | €31.47 Million | +25.83% |
| 2015-12-31 | €25.01 Million | -29.19% |
| 2014-12-31 | €35.32 Million | -51.03% |
| 2013-12-31 | €72.12 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Williams Grand Prix Holdings 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 decreased by 3.7% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2019)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €48.04 Million | 68.89% |
| Common Stock | €500.00K | 0.72% |
| Other Components | €21.19 Million | 30.39% |
| Total Equity | €69.73 Million | 100.00% |
Williams Grand Prix Holdings PLC Competitors by Market Cap
The table below lists competitors of Williams Grand Prix Holdings PLC ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Data Storage Corp
NASDAQ:DTST
|
$22.02 Million |
|
Alliance Entertainment Holding Corporation Class A Common Stock
NASDAQ:AENT
|
$22.03 Million |
|
Acrinova AB
ST:ACRI-A
|
$22.03 Million |
|
Imotrust SA
RO:ARCV
|
$22.03 Million |
|
Metalpha Technology Holding Limited
NASDAQ:MATH
|
$22.02 Million |
|
Snow Lake Resources Ltd
NASDAQ:LITM
|
$22.01 Million |
|
Leatt Corp
OTCQB:LEAT
|
$22.01 Million |
|
Roots Corporation
PINK:RROTF
|
$22.00 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Williams Grand Prix Holdings PLC's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2018 to 2019, total equity changed from 51,039,000 to 69,735,000, a change of 18,696,000 (36.6%).
- Net income of 19,212,000 contributed positively to equity growth.
Equity Change Factors (2018 to 2019)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €19.21 Million | +27.55% |
| Other Changes | €-516.00K | -0.74% |
| Total Change | €- | 36.63% |
Book Value vs Market Value Analysis
This analysis compares Williams Grand Prix Holdings 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: 1.52x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 2.27x to 1.52x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | €4.66 | €10.60 | x |
| 2018-12-31 | €5.10 | €10.60 | x |
| 2019-12-31 | €6.97 | €10.60 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Williams Grand Prix Holdings 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): 27.55%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 19.90%
- • Asset Turnover: 0.72x
- • Equity Multiplier: 1.93x
- Recent ROE (27.55%) is above the historical average (-7.46%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 16.31% | 9.70% | 1.26x | 1.33x | €4.62 Million |
| 2014 | -106.89% | -42.42% | 0.92x | 2.75x | €-41.28 Million |
| 2015 | -44.82% | -8.92% | 1.20x | 4.19x | €-13.71 Million |
| 2016 | 18.76% | 3.53% | 1.30x | 4.09x | €2.76 Million |
| 2017 | 30.17% | 8.46% | 1.33x | 2.68x | €9.40 Million |
| 2018 | 6.69% | 1.94% | 1.34x | 2.59x | €-1.69 Million |
| 2019 | 27.55% | 19.90% | 0.72x | 1.93x | €12.24 Million |
Industry Comparison
This section compares Williams Grand Prix Holdings PLC's net assets metrics with peer companies in the Leisure industry.
Industry Context
- Industry: Leisure
- Average net assets among peers: $32,677,700,078
- Average return on equity (ROE) among peers: 12.07%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Williams Grand Prix Holdings PLC (WGF1) | €69.73 Million | 16.31% | 0.93x | $22.02 Million |
| Asmodee Group AB (publ) (2EX) | $2.18 Billion | 4.97% | 0.79x | $1.67 Billion |
| China Travel International Investment Hong Kong Limited (CTI) | $15.77 Billion | 2.23% | 0.27x | $226.21 Million |
| Bloks Group Limited (G0E) | $-1.60 Billion | 0.00% | 0.00x | $572.14 Million |
| Honma Golf Limited (HF5) | $28.00 Billion | 14.05% | 0.29x | $56.02 Million |
| Herald Holdings Limited (HH3) | $630.84 Million | -9.69% | 0.54x | $19.80 Million |
| Heiwa Corporation (HWC) | $225.05 Billion | 7.26% | 0.97x | $551.90 Million |
| Oberstdorfer Bergbahn AG (KVO) | $1.65 Million | 14.31% | 2.12x | $1.77 Million |
| Münchener Tierpark Hellabrunn AG (MTP) | $16.78 Million | -5.88% | 3.48x | $2.56 Million |
| Round One Corporation (RDN) | $56.72 Billion | 14.83% | 0.88x | $239.95 Million |
| UNITEDLABELS Aktiengesellschaft (ULC) | $976.82K | 78.62% | 17.93x | $5.20 Million |