Angling Direct PLC
Angling Direct PLC, together with its subsidiaries, engages in the sale of fishing tackle products and equipment in the United Kingdom, Europe, and internationally. It operates in three segments: UK Stores, UK Online, and Europe. The company offers baits and additives, bait accessories, bait boats, bait boxes, bait making equipment, barrows and trolleys, bed chairs, bite alarms, bivvies and shelt… Read more
Angling Direct PLC (ANG) - Net Assets
Latest net assets as of July 2025: GBX40.77 Million GBX
Based on the latest financial reports, Angling Direct PLC (ANG) has net assets worth GBX40.77 Million GBX as of July 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX70.76 Million) and total liabilities (GBX29.99 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 | GBX40.77 Million |
| % of Total Assets | 57.62% |
| Annual Growth Rate | 77.89% |
| 5-Year Change | 18.93% |
| 10-Year Change | 8383.76% |
| Growth Volatility | 146.69 |
Angling Direct PLC - Net Assets Trend (2015–2025)
This chart illustrates how Angling Direct 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 Angling Direct PLC (2015–2025)
The table below shows the annual net assets of Angling Direct PLC from 2015 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-01-31 | GBX39.42 Million | +2.33% |
| 2024-01-31 | GBX38.52 Million | +3.31% |
| 2023-01-31 | GBX37.29 Million | +2.40% |
| 2022-01-31 | GBX36.41 Million | +9.86% |
| 2021-01-31 | GBX33.15 Million | +30.03% |
| 2020-01-31 | GBX25.49 Million | -4.89% |
| 2019-01-31 | GBX26.80 Million | +224.65% |
| 2018-01-31 | GBX8.26 Million | +243.97% |
| 2017-01-31 | GBX2.40 Million | +416.51% |
| 2016-01-31 | GBX464.66K | +274.37% |
| 2015-01-31 | GBX124.12K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Angling Direct 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 6011.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (January 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | GBX7.52 Million | 19.09% |
| Common Stock | GBX773.00K | 1.96% |
| Other Comprehensive Income | GBX692.00K | 1.76% |
| Other Components | GBX30.43 Million | 77.20% |
| Total Equity | GBX39.42 Million | 100.00% |
Angling Direct PLC Competitors by Market Cap
The table below lists competitors of Angling Direct PLC ranked by their market capitalization.
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Angling Direct PLC's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 38,525,000 to 39,421,000, a change of 896,000 (2.3%).
- Net income of 1,428,000 contributed positively to equity growth.
- Share repurchases of 605,000 reduced equity.
- Other comprehensive income increased equity by 72,999.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | GBX1.43 Million | +3.62% |
| Share Repurchases | GBX605.00K | -1.53% |
| Other Comprehensive Income | GBX73.00K | +0.19% |
| Other Changes | GBX1.00 | +0.0% |
| Total Change | GBX- | 2.33% |
Book Value vs Market Value Analysis
This analysis compares Angling Direct 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: 99.54x
- 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 17764.09x to 99.54x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2015-01-31 | GBX0.00 | GBX51.50 | x |
| 2016-01-31 | GBX0.01 | GBX51.50 | x |
| 2017-01-31 | GBX0.06 | GBX51.50 | x |
| 2018-01-31 | GBX0.30 | GBX51.50 | x |
| 2019-01-31 | GBX0.55 | GBX51.50 | x |
| 2020-01-31 | GBX0.39 | GBX51.50 | x |
| 2021-01-31 | GBX0.45 | GBX51.50 | x |
| 2022-01-31 | GBX0.47 | GBX51.50 | x |
| 2023-01-31 | GBX0.48 | GBX51.50 | x |
| 2024-01-31 | GBX0.50 | GBX51.50 | x |
| 2025-01-31 | GBX0.52 | GBX51.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Angling Direct 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): 3.62%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.56%
- • Asset Turnover: 1.42x
- • Equity Multiplier: 1.63x
- Recent ROE (3.62%) is below the historical average (42.13%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 343.57% | 3.83% | 2.65x | 33.79x | GBX414.02K |
| 2016 | 78.67% | 2.24% | 3.04x | 11.56x | GBX319.08K |
| 2017 | 23.35% | 2.66% | 2.60x | 3.37x | GBX320.35K |
| 2018 | 0.33% | 0.09% | 2.01x | 1.82x | GBX-798.53K |
| 2019 | -1.38% | -0.88% | 1.11x | 1.42x | GBX-3.05 Million |
| 2020 | -5.14% | -2.46% | 1.25x | 1.68x | GBX-3.86 Million |
| 2021 | 7.32% | 3.59% | 1.34x | 1.53x | GBX-889.70K |
| 2022 | 8.45% | 4.25% | 1.25x | 1.59x | GBX-564.50K |
| 2023 | 1.45% | 0.73% | 1.28x | 1.56x | GBX-3.19 Million |
| 2024 | 3.16% | 1.49% | 1.36x | 1.56x | GBX-2.63 Million |
| 2025 | 3.62% | 1.56% | 1.42x | 1.63x | GBX-2.51 Million |
Industry Comparison
This section compares Angling Direct PLC's net assets metrics with peer companies in the Specialty Retail industry.
Industry Context
- Industry: Specialty Retail
- Average net assets among peers: $170,739,548
- Average return on equity (ROE) among peers: 1.65%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Angling Direct PLC (ANG) | GBX40.77 Million | 343.57% | 0.74x | $4.40K |
| Ao World (AO) | $137.80 Million | 17.92% | 2.21x | $69.63K |
| Currys PLC (CURY) | $690.50 Million | 31.69% | 0.03x | $199.22K |
| DFS Furniture PLC (DFS) | $229.00 Million | -1.92% | 3.57x | $53.42K |
| musicMagpie PLC (MMAG) | $1.50 Million | -19.26% | 11.29x | $1.07K |
| Moonpig Group PLC (MOON) | $-33.22 Million | 0.00% | 0.00x | $79.03K |
| Marks Electrical Group PLC (MRK) | $4.01 Million | 17.88% | 2.09x | $5.80K |
| Mothercare PLC (MTC) | $402.50 Million | 13.79% | 0.77x | $1.45K |
| Pod Point Group Holdings PLC (PODP) | $102.35 Million | -81.50% | 0.42x | $1.22K |
| Procook Group PLC (PROC) | $2.21 Million | 36.21% | 0.95x | $4.11K |