450 PLC
450 Plc does not have significant operations. It intends to identify, pursue, and acquire opportunities in the traditional and digital creative industries encompassing the content, media, and technology sectors. The company was formerly known as Marwyn Acquisition Company Plc and changed its name to 450 Plc in December 2022. 450 Plc is headquartered in London, the United Kingdom.
450 PLC (450) - Net Assets
Latest net assets as of June 2025: GBX2.91 Million GBX
Based on the latest financial reports, 450 PLC (450) has net assets worth GBX2.91 Million GBX as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX3.14 Million) and total liabilities (GBX233.47K). 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 | GBX2.91 Million |
| % of Total Assets | 92.58% |
| Annual Growth Rate | -13.24% |
| 5-Year Change | -43.58% |
| 10-Year Change | N/A |
| Growth Volatility | 126.03 |
450 PLC - Net Assets Trend (2017–2025)
This chart illustrates how 450 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 450 PLC (2017–2025)
The table below shows the annual net assets of 450 PLC from 2017 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | GBX2.91 Million | -19.14% |
| 2024-06-30 | GBX3.60 Million | -12.04% |
| 2023-06-30 | GBX4.09 Million | -14.75% |
| 2022-06-30 | GBX4.80 Million | -6.96% |
| 2021-06-30 | GBX5.16 Million | -11.92% |
| 2020-06-30 | GBX5.86 Million | +352.01% |
| 2019-06-30 | GBX1.30 Million | -88.69% |
| 2018-06-30 | GBX11.46 Million | +24.95% |
| 2017-05-31 | GBX9.17 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to 450 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 2695401300.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | GBX30.79 Million | 1057.72% |
| Other Components | GBX115.39K | 3.96% |
| Total Equity | GBX2.91 Million | 100.00% |
450 PLC Competitors by Market Cap
The table below lists competitors of 450 PLC ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
O Bank No. 1 REIT
TW:01009T
|
$1.72K |
|
Comaliment Resita SA
RO:OMAL
|
$1.72K |
|
Xfuels Inc
PINK:XFLS
|
$1.72K |
|
Trident Brands Inc
PINK:TDNT
|
$1.72K |
|
Smithson Investment Trust PLC
LSE:SSON
|
$1.71K |
|
RIO GRANDE RESOURCES LTD.
F:488
|
$1.71K |
|
Future Farm Technologies Inc
PINK:FFRMF
|
$1.71K |
|
Sanasa Development Bank PLC
CM:SDBN0000
|
$1.71K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in 450 PLC's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 3,600,022 to 2,911,145, a change of -688,877 (-19.1%).
- Net loss of 711,241 reduced equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | GBX-711.24K | -24.43% |
| Other Changes | GBX22.36K | +0.77% |
| Total Change | GBX- | -19.14% |
Book Value vs Market Value Analysis
This analysis compares 450 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: 483.92x
- 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 96.35x to 483.92x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-05-31 | GBX0.02 | GBX2.10 | x |
| 2018-06-30 | GBX0.03 | GBX2.10 | x |
| 2019-06-30 | GBX0.00 | GBX2.10 | x |
| 2020-06-30 | GBX0.01 | GBX2.10 | x |
| 2021-06-30 | GBX0.01 | GBX2.10 | x |
| 2022-06-30 | GBX0.01 | GBX2.10 | x |
| 2023-06-30 | GBX0.01 | GBX2.10 | x |
| 2024-06-30 | GBX0.01 | GBX2.10 | x |
| 2025-06-30 | GBX0.00 | GBX2.10 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently 450 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): -24.43%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.08x
- Recent ROE (-24.43%) is above the historical average (-114.90%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | -11.36% | 0.00% | 0.00x | 1.08x | GBX-1.96 Million |
| 2018 | -115.16% | 0.00% | 0.00x | 1.73x | GBX-14.34 Million |
| 2019 | -791.13% | 0.00% | 0.00x | 6.03x | GBX-10.38 Million |
| 2020 | -37.69% | 0.00% | 0.00x | 1.02x | GBX-2.79 Million |
| 2021 | -13.53% | 0.00% | 0.00x | 1.02x | GBX-1.21 Million |
| 2022 | -7.48% | 0.00% | 0.00x | 1.01x | GBX-839.10K |
| 2023 | -19.25% | 0.00% | 0.00x | 1.03x | GBX-1.20 Million |
| 2024 | -14.06% | 0.00% | 0.00x | 1.03x | GBX-866.00K |
| 2025 | -24.43% | 0.00% | 0.00x | 1.08x | GBX-1.00 Million |
Industry Comparison
This section compares 450 PLC's net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $439,516,778
- Average return on equity (ROE) among peers: -2.91%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| 450 PLC (450) | GBX2.91 Million | -11.36% | 0.08x | $1.71K |
| 3I Infrastructure PLC (3IN) | $1.09 Billion | 8.57% | 0.18x | $396.99K |
| abrdn Asian Income Fund Limited (AAIF) | $431.48 Million | 11.10% | 0.09x | $315.37 |
| Abrdn Asia Focus PLC (AAS) | $464.40 Million | -2.37% | 0.15x | $434.78 |
| Albion Technology & General VCT PLC (AATG) | $34.46 Million | 4.41% | 0.01x | $78.71 |
| Aberdeen Diversified Income and Growth Trust PLC (ADIG) | $492.42 Million | 0.00% | 0.32x | $16.61 |
| Aquila Energy Efficiency Trust PLC (AEET) | $97.38 Million | -0.64% | 0.00x | $2.38K |
| Aquila European Renewables Income PLC (AERI) | $320.23 Million | -9.29% | 0.00x | $2.45K |
| Artemis UK Future Leaders plc (AFL) | $84.35 Million | -40.52% | 0.02x | $401.26 |
| AVI Global Trust PLC (AGT) | $938.94 Million | 2.59% | 0.12x | $2.83 Million |