Admiral Group PLC (ADM) - Net Assets
Based on the latest financial reports, Admiral Group PLC (ADM) has net assets worth GBX1.44 Billion GBX (≈ $174.70K USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX8.63 Billion ≈ $1.05 Million USD) and total liabilities (GBX7.20 Billion ≈ $875.67K 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. Check Admiral Group PLC (ADM) asset resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | GBX1.44 Billion |
| % of Total Assets | 16.63% |
| Annual Growth Rate | 19.62% |
| 5-Year Change | 22.01% |
| 10-Year Change | 116.57% |
| Growth Volatility | 136.03 |
Admiral Group PLC - Net Assets Trend (2001–2024)
This chart illustrates how Admiral Group PLC's net assets have evolved over time, based on quarterly financial data. Also explore ADM asset base for the complete picture of this company's asset base.
Annual Net Assets for Admiral Group PLC (2001–2024)
The table below shows the annual net assets of Admiral Group PLC from 2001 to 2024. For live valuation and market cap data, see market cap of Admiral Group PLC.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | GBX1.37 Billion ≈ $166.77K |
+38.06% |
| 2023-12-31 | GBX992.80 Million ≈ $120.80K |
+3.91% |
| 2022-12-31 | GBX955.40 Million ≈ $116.24K |
-32.17% |
| 2021-12-31 | GBX1.41 Billion ≈ $171.37K |
+25.38% |
| 2020-12-31 | GBX1.12 Billion ≈ $136.69K |
+22.29% |
| 2019-12-31 | GBX918.60 Million ≈ $111.77K |
+19.13% |
| 2018-12-31 | GBX771.10 Million ≈ $93.82K |
+17.58% |
| 2017-12-31 | GBX655.80 Million ≈ $79.79K |
+12.74% |
| 2016-12-31 | GBX581.70 Million ≈ $70.78K |
-8.09% |
| 2015-12-31 | GBX632.90 Million ≈ $77.01K |
+8.95% |
| 2014-12-31 | GBX580.90 Million ≈ $70.68K |
-83.07% |
| 2013-12-31 | GBX3.43 Billion ≈ $417.48K |
+644.78% |
| 2012-12-31 | GBX460.70 Million ≈ $56.05K |
+16.81% |
| 2011-12-31 | GBX394.40 Million ≈ $47.99K |
+12.46% |
| 2010-12-31 | GBX350.70 Million ≈ $42.67K |
+16.59% |
| 2009-12-31 | GBX300.80 Million ≈ $36.60K |
+9.18% |
| 2008-12-31 | GBX275.50 Million ≈ $33.52K |
+15.94% |
| 2007-12-31 | GBX237.63 Million ≈ $28.91K |
+8.48% |
| 2006-12-31 | GBX219.06 Million ≈ $26.65K |
+20.75% |
| 2005-12-31 | GBX181.41 Million ≈ $22.07K |
+25.43% |
| 2004-12-31 | GBX144.63 Million ≈ $17.60K |
+33.71% |
| 2003-12-31 | GBX108.17 Million ≈ $13.16K |
+56.87% |
| 2002-12-31 | GBX68.95 Million ≈ $8.39K |
+209.65% |
| 2001-12-31 | GBX22.27 Million ≈ $2.71K |
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Equity Component Analysis
This analysis shows how different components contribute to Admiral Group 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 6118.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | GBX1.38 Billion | 100.97% |
| Common Stock | GBX300.00K | 0.02% |
| Other Comprehensive Income | GBX-26.70 Million | -1.95% |
| Other Components | GBX13.10 Million | 0.96% |
| Total Equity | GBX1.37 Billion | 100.00% |
Admiral Group PLC Competitors by Market Cap
The table below lists competitors of Admiral Group PLC ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Bassett Furniture Industries
NASDAQ:BSET
|
$124.71 Million |
|
Yieh Hsing Enterprise Co Ltd
TW:2007
|
$124.72 Million |
|
Informa PLC
LSE:INF
|
$124.74 Million |
|
King Chou Marine Technology Co Ltd
TWO:4417
|
$124.74 Million |
|
vTv Therapeutics Inc
NASDAQ:VTVT
|
$124.68 Million |
|
Pang Rim Spinn
KO:003610
|
$124.68 Million |
|
Manaksia Coated Metals & Industries Limited
NSE:MANAKCOAT
|
$124.63 Million |
|
Xi S And D Inc
KO:317400
|
$124.62 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Admiral Group PLC's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 991,800,000 to 1,370,100,000, a change of 378,300,000 (38.1%).
- Net income of 663,300,000 contributed positively to equity growth.
- Dividend payments of 369,800,000 reduced retained earnings.
- Other comprehensive income increased equity by 13,800,000.
- Other factors increased equity by 71,000,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | GBX663.30 Million | +48.41% |
| Dividends Paid | GBX369.80 Million | -26.99% |
| Other Comprehensive Income | GBX13.80 Million | +1.01% |
| Other Changes | GBX71.00 Million | +5.18% |
| Total Change | GBX- | 38.14% |
Book Value vs Market Value Analysis
This analysis compares Admiral Group 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: 766.60x
- 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 decreased from 39820.47x to 766.60x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2001-12-31 | GBX0.09 | GBX3429.00 | x |
| 2002-12-31 | GBX0.27 | GBX3429.00 | x |
| 2003-12-31 | GBX0.42 | GBX3429.00 | x |
| 2004-12-31 | GBX0.56 | GBX3429.00 | x |
| 2005-12-31 | GBX0.70 | GBX3429.00 | x |
| 2006-12-31 | GBX0.84 | GBX3429.00 | x |
| 2007-12-31 | GBX0.91 | GBX3429.00 | x |
| 2008-12-31 | GBX1.04 | GBX3429.00 | x |
| 2009-12-31 | GBX1.13 | GBX3429.00 | x |
| 2010-12-31 | GBX1.31 | GBX3429.00 | x |
| 2011-12-31 | GBX1.45 | GBX3429.00 | x |
| 2012-12-31 | GBX1.68 | GBX3429.00 | x |
| 2013-12-31 | GBX1.88 | GBX3429.00 | x |
| 2014-12-31 | GBX2.05 | GBX3429.00 | x |
| 2015-12-31 | GBX2.20 | GBX3429.00 | x |
| 2016-12-31 | GBX2.02 | GBX3429.00 | x |
| 2017-12-31 | GBX2.26 | GBX3429.00 | x |
| 2018-12-31 | GBX2.63 | GBX3429.00 | x |
| 2019-12-31 | GBX3.11 | GBX3429.00 | x |
| 2020-12-31 | GBX3.77 | GBX3429.00 | x |
| 2021-12-31 | GBX4.71 | GBX3429.00 | x |
| 2022-12-31 | GBX3.16 | GBX3429.00 | x |
| 2023-12-31 | GBX3.25 | GBX3429.00 | x |
| 2024-12-31 | GBX4.47 | GBX3429.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Admiral Group 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): 48.41%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 12.58%
- • Asset Turnover: 0.66x
- • Equity Multiplier: 5.80x
- Recent ROE (48.41%) is below the historical average (49.74%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2001 | 82.34% | 16.24% | 0.28x | 18.21x | GBX16.11 Million |
| 2002 | 44.87% | 27.16% | 0.30x | 5.47x | GBX24.04 Million |
| 2003 | 36.25% | 66.86% | 0.13x | 4.15x | GBX28.40 Million |
| 2004 | 62.58% | 42.99% | 0.37x | 3.96x | GBX76.04 Million |
| 2005 | 46.70% | 32.20% | 0.40x | 3.66x | GBX66.58 Million |
| 2006 | 47.35% | 33.35% | 0.41x | 3.44x | GBX81.82 Million |
| 2007 | 53.62% | 34.99% | 0.42x | 3.66x | GBX103.65 Million |
| 2008 | 52.60% | 34.27% | 0.42x | 3.68x | GBX117.35 Million |
| 2009 | 52.27% | 30.92% | 0.43x | 3.92x | GBX126.88 Million |
| 2010 | 55.32% | 30.24% | 0.36x | 5.04x | GBX158.77 Million |
| 2011 | 56.16% | 25.42% | 0.33x | 6.64x | GBX181.81 Million |
| 2012 | 56.53% | 26.25% | 0.31x | 7.01x | GBX212.69 Million |
| 2013 | 55.64% | 31.05% | 0.27x | 6.73x | GBX235.42 Million |
| 2014 | 50.28% | 32.24% | 0.23x | 6.84x | GBX228.48 Million |
| 2015 | 48.73% | 33.16% | 0.22x | 6.83x | GBX238.43 Million |
| 2016 | 38.92% | 21.85% | 0.21x | 8.51x | GBX165.11 Million |
| 2017 | 51.73% | 29.59% | 0.19x | 9.07x | GBX269.59 Million |
| 2018 | 52.10% | 31.23% | 0.19x | 8.97x | GBX319.27 Million |
| 2019 | 47.55% | 35.78% | 0.22x | 6.06x | GBX341.46 Million |
| 2020 | 47.52% | 40.69% | 0.23x | 5.18x | GBX417.53 Million |
| 2021 | 42.21% | 38.10% | 0.25x | 4.40x | GBX452.88 Million |
| 2022 | 30.03% | 18.81% | 0.24x | 6.52x | GBX191.08 Million |
| 2023 | 34.08% | 9.52% | 0.50x | 7.15x | GBX238.82 Million |
| 2024 | 48.41% | 12.58% | 0.66x | 5.80x | GBX526.29 Million |
Industry Comparison
This section compares Admiral Group PLC's net assets metrics with peer companies in the Insurance - Property & Casualty industry.
Industry Context
- Industry: Insurance - Property & Casualty
- Average net assets among peers: $2,069,352,000
- Average return on equity (ROE) among peers: 16.01%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Admiral Group PLC (ADM) | GBX1.44 Billion | 82.34% | 5.01x | $124.70 Million |
| Direct Line Insurance Group plc (DLG) | $2.48 Billion | 6.54% | 2.54x | $48.28 Million |
| Hiscox Ltd (HSX) | $3.69 Billion | 17.00% | 2.05x | $62.10 Million |
| Personal Group Holdings PLC (PGH) | $33.76 Million | 24.48% | 0.47x | $1.33 Million |
About Admiral Group PLC
Admiral Group plc, a financial services company, provides insurance and personal lending products in the United Kingdom, France, Italy, Spain, and the United States. It operates through four segments: UK Insurance, International Insurance, Admiral Money, and Other. The company offers underwriting services that includes motor, household, pet, travel, and other insurance, as well as car and home in… Read more