Aptitude Software Group PLC (APTD) - Net Assets
Based on the latest financial reports, Aptitude Software Group PLC (APTD) has net assets worth GBX54.89 Million GBX (≈ $6.68K USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX102.85 Million ≈ $12.51K USD) and total liabilities (GBX47.95 Million ≈ $5.83K 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. Also explore balance sheet size of Aptitude Software Group PLC for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | GBX54.89 Million |
| % of Total Assets | 53.37% |
| Annual Growth Rate | 7.72% |
| 5-Year Change | 14.35% |
| 10-Year Change | 50.16% |
| Growth Volatility | 23.81 |
Aptitude Software Group PLC - Net Assets Trend (1985–2024)
This chart illustrates how Aptitude Software Group PLC's net assets have evolved over time, based on quarterly financial data. Check Aptitude Software Group PLC (APTD) tangible equity ratio to evaluate the tangible quality of the company's equity base.
Annual Net Assets for Aptitude Software Group PLC (1985–2024)
The table below shows the annual net assets of Aptitude Software Group PLC from 1985 to 2024. For live valuation and market cap data, see APTD stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | GBX57.92 Million ≈ $7.05K |
-3.97% |
| 2023-12-31 | GBX60.31 Million ≈ $7.34K |
-0.37% |
| 2022-12-31 | GBX60.54 Million ≈ $7.37K |
+5.86% |
| 2021-12-31 | GBX57.19 Million ≈ $6.96K |
+12.91% |
| 2020-12-31 | GBX50.65 Million ≈ $6.16K |
+9.10% |
| 2019-12-31 | GBX46.42 Million ≈ $5.65K |
-28.38% |
| 2018-12-31 | GBX64.82 Million ≈ $7.89K |
+19.10% |
| 2017-12-31 | GBX54.42 Million ≈ $6.62K |
+25.41% |
| 2016-12-31 | GBX43.40 Million ≈ $5.28K |
+12.51% |
| 2015-12-31 | GBX38.57 Million ≈ $4.69K |
-31.71% |
| 2014-12-31 | GBX56.48 Million ≈ $6.87K |
+3.82% |
| 2013-12-31 | GBX54.41 Million ≈ $6.62K |
-15.88% |
| 2012-12-31 | GBX64.67 Million ≈ $7.87K |
+7.83% |
| 2011-12-31 | GBX59.98 Million ≈ $7.30K |
+1.42% |
| 2010-12-31 | GBX59.14 Million ≈ $7.20K |
-2.03% |
| 2009-12-31 | GBX60.36 Million ≈ $7.34K |
+7.33% |
| 2008-12-31 | GBX56.24 Million ≈ $6.84K |
-7.83% |
| 2007-12-31 | GBX61.02 Million ≈ $7.42K |
+2.42% |
| 2006-12-31 | GBX59.58 Million ≈ $7.25K |
-15.35% |
| 2005-12-31 | GBX70.39 Million ≈ $8.56K |
+8.17% |
| 2004-12-31 | GBX65.07 Million ≈ $7.92K |
+20.32% |
| 2003-12-31 | GBX54.08 Million ≈ $6.58K |
+23.59% |
| 2002-12-31 | GBX43.76 Million ≈ $5.32K |
+20.91% |
| 2001-12-31 | GBX36.19 Million ≈ $4.40K |
+7.28% |
| 2000-12-31 | GBX33.74 Million ≈ $4.10K |
-6.13% |
| 1999-12-31 | GBX35.94 Million ≈ $4.37K |
+59.88% |
| 1998-12-31 | GBX22.48 Million ≈ $2.74K |
+54.38% |
| 1997-10-31 | GBX14.56 Million ≈ $1.77K |
-22.98% |
| 1996-10-31 | GBX18.91 Million ≈ $2.30K |
+12.15% |
| 1995-10-31 | GBX16.86 Million ≈ $2.05K |
+27.95% |
| 1994-10-31 | GBX13.18 Million ≈ $1.60K |
-4.22% |
| 1993-10-31 | GBX13.76 Million ≈ $1.67K |
-8.31% |
| 1992-10-31 | GBX15.00 Million ≈ $1.83K |
+16.05% |
| 1991-10-31 | GBX12.93 Million ≈ $1.57K |
+20.68% |
| 1990-10-31 | GBX10.71 Million ≈ $1.30K |
+10.03% |
| 1989-10-31 | GBX9.73 Million ≈ $1.18K |
-4.20% |
| 1988-10-31 | GBX10.16 Million ≈ $1.24K |
+42.48% |
| 1987-10-31 | GBX7.13 Million ≈ $867.76 |
+98.11% |
| 1986-10-31 | GBX3.60 Million ≈ $438.02 |
+14.43% |
| 1985-10-31 | GBX3.15 Million ≈ $382.78 |
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Equity Component Analysis
This analysis shows how different components contribute to Aptitude Software 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 decreased by 101.3% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | GBX4.20 Million | 7.26% |
| Other Comprehensive Income | GBX45.59 Million | 78.71% |
| Other Components | GBX8.15 Million | 14.07% |
| Total Equity | GBX57.92 Million | 100.00% |
Aptitude Software Group PLC Competitors by Market Cap
The table below lists competitors of Aptitude Software Group PLC ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
A Luzon Real Estate & Finance Ltd
TA:LZNR
|
$1.30 Million |
|
VULTUS AB
F:V06
|
$1.30 Million |
|
Luxbright AB
ST:LXB
|
$1.30 Million |
|
Future Supply Chain Solutions Limited
NSE:FSC
|
$1.31 Million |
|
Siwani Makmur Tbk
JK:SIMA
|
$1.30 Million |
|
Onlineformapro SA
PA:MLONL
|
$1.30 Million |
|
AOTI Inc
LSE:AOTI
|
$1.29 Million |
|
Ellen AB (publ)
ST:ELN
|
$1.29 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Aptitude Software Group PLC's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 60,314,000 to 57,917,000, a change of -2,397,000 (-4.0%).
- Net income of 4,980,000 contributed positively to equity growth.
- Dividend payments of 3,081,000 reduced retained earnings.
- Share repurchases of 4,058,000 reduced equity.
- Other comprehensive income decreased equity by 911,000.
- Other factors increased equity by 673,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | GBX4.98 Million | +8.6% |
| Dividends Paid | GBX3.08 Million | -5.32% |
| Share Repurchases | GBX4.06 Million | -7.01% |
| Other Comprehensive Income | GBX-911.00K | -1.57% |
| Other Changes | GBX673.00K | +1.16% |
| Total Change | GBX- | -3.97% |
Book Value vs Market Value Analysis
This analysis compares Aptitude Software 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: 198.26x
- 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 1787.96x to 198.26x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1985-10-31 | GBX0.11 | GBX198.50 | x |
| 1986-10-31 | GBX0.14 | GBX198.50 | x |
| 1987-10-31 | GBX0.36 | GBX198.50 | x |
| 1988-10-31 | GBX0.38 | GBX198.50 | x |
| 1989-10-31 | GBX0.35 | GBX198.50 | x |
| 1990-10-31 | GBX0.39 | GBX198.50 | x |
| 1991-10-31 | GBX0.47 | GBX198.50 | x |
| 1992-10-31 | GBX0.54 | GBX198.50 | x |
| 1993-10-31 | GBX0.50 | GBX198.50 | x |
| 1994-10-31 | GBX0.47 | GBX198.50 | x |
| 1995-10-31 | GBX0.60 | GBX198.50 | x |
| 1996-10-31 | GBX0.68 | GBX198.50 | x |
| 1997-10-31 | GBX0.53 | GBX198.50 | x |
| 1999-12-31 | GBX1.07 | GBX198.50 | x |
| 2000-12-31 | GBX0.95 | GBX198.50 | x |
| 2001-12-31 | GBX1.03 | GBX198.50 | x |
| 2002-12-31 | GBX1.05 | GBX198.50 | x |
| 2003-12-31 | GBX1.31 | GBX198.50 | x |
| 2004-12-31 | GBX1.05 | GBX198.50 | x |
| 2005-12-31 | GBX1.01 | GBX198.50 | x |
| 2006-12-31 | GBX0.85 | GBX198.50 | x |
| 2007-12-31 | GBX0.87 | GBX198.50 | x |
| 2008-12-31 | GBX0.81 | GBX198.50 | x |
| 2009-12-31 | GBX1.00 | GBX198.50 | x |
| 2010-12-31 | GBX1.00 | GBX198.50 | x |
| 2011-12-31 | GBX1.06 | GBX198.50 | x |
| 2012-12-31 | GBX1.14 | GBX198.50 | x |
| 2013-12-31 | GBX0.96 | GBX198.50 | x |
| 2014-12-31 | GBX1.03 | GBX198.50 | x |
| 2015-12-31 | GBX0.66 | GBX198.50 | x |
| 2016-12-31 | GBX0.79 | GBX198.50 | x |
| 2017-12-31 | GBX0.97 | GBX198.50 | x |
| 2018-12-31 | GBX1.15 | GBX198.50 | x |
| 2019-12-31 | GBX0.76 | GBX198.50 | x |
| 2020-12-31 | GBX0.89 | GBX198.50 | x |
| 2021-12-31 | GBX1.00 | GBX198.50 | x |
| 2022-12-31 | GBX1.04 | GBX198.50 | x |
| 2023-12-31 | GBX1.04 | GBX198.50 | x |
| 2024-12-31 | GBX1.00 | GBX198.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Aptitude Software 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): 8.60%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.11%
- • Asset Turnover: 0.61x
- • Equity Multiplier: 1.98x
- Recent ROE (8.60%) is below the historical average (22.68%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1985 | 103.71% | 12.35% | 2.08x | 4.04x | GBX2.58 Million |
| 1986 | 134.33% | 17.49% | 1.77x | 4.35x | GBX4.28 Million |
| 1987 | 89.43% | 18.57% | 1.68x | 2.88x | GBX5.50 Million |
| 1988 | 64.80% | 16.28% | 1.66x | 2.39x | GBX5.44 Million |
| 1989 | 36.46% | 7.66% | 1.60x | 2.98x | GBX2.51 Million |
| 1990 | 57.54% | 12.80% | 1.60x | 2.80x | GBX4.98 Million |
| 1991 | 27.36% | 7.30% | 1.64x | 2.29x | GBX2.21 Million |
| 1992 | 36.53% | 10.93% | 1.66x | 2.02x | GBX3.91 Million |
| 1993 | 30.53% | 7.76% | 1.90x | 2.07x | GBX2.78 Million |
| 1994 | 30.75% | 6.73% | 1.89x | 2.42x | GBX2.67 Million |
| 1995 | 35.36% | 8.47% | 2.04x | 2.05x | GBX4.19 Million |
| 1996 | 31.93% | 8.11% | 2.05x | 1.92x | GBX4.09 Million |
| 1997 | 23.98% | 5.26% | 1.81x | 2.52x | GBX2.04 Million |
| 1999 | 4.98% | 5.71% | 0.59x | 1.48x | GBX-1.80 Million |
| 2000 | -8.09% | -10.76% | 0.53x | 1.42x | GBX-6.10 Million |
| 2001 | 2.05% | 3.53% | 0.48x | 1.20x | GBX-2.88 Million |
| 2002 | 0.30% | 0.52% | 0.46x | 1.26x | GBX-4.25 Million |
| 2003 | -3.66% | -7.47% | 0.38x | 1.30x | GBX-7.36 Million |
| 2004 | 4.34% | 6.66% | 0.51x | 1.27x | GBX-3.68 Million |
| 2005 | 6.01% | 10.37% | 0.43x | 1.35x | GBX-2.81 Million |
| 2006 | -17.68% | -32.20% | 0.40x | 1.39x | GBX-16.49 Million |
| 2007 | 4.31% | 7.90% | 0.40x | 1.35x | GBX-3.47 Million |
| 2008 | 9.94% | 20.97% | 0.35x | 1.36x | GBX-33.10K |
| 2009 | 14.15% | 29.39% | 0.36x | 1.34x | GBX2.51 Million |
| 2010 | 11.01% | 19.34% | 0.42x | 1.35x | GBX597.20K |
| 2011 | 12.09% | 18.70% | 0.48x | 1.36x | GBX1.25 Million |
| 2012 | 10.74% | 21.50% | 0.39x | 1.29x | GBX481.80K |
| 2013 | 11.83% | 21.59% | 0.32x | 1.71x | GBX997.50K |
| 2014 | 7.28% | 13.80% | 0.32x | 1.64x | GBX-1.54 Million |
| 2015 | 9.68% | 11.68% | 0.43x | 1.94x | GBX-123.10K |
| 2016 | 14.39% | 14.52% | 0.52x | 1.92x | GBX1.90 Million |
| 2017 | 18.26% | 15.77% | 0.57x | 2.04x | GBX4.49 Million |
| 2018 | 8.36% | 10.36% | 0.45x | 1.80x | GBX-1.07 Million |
| 2019 | 19.10% | 14.86% | 0.73x | 1.76x | GBX4.22 Million |
| 2020 | 13.89% | 12.29% | 0.65x | 1.74x | GBX1.97 Million |
| 2021 | 8.87% | 8.55% | 0.51x | 2.05x | GBX-644.90K |
| 2022 | 4.29% | 3.49% | 0.63x | 1.95x | GBX-3.46 Million |
| 2023 | 6.84% | 5.52% | 0.63x | 1.98x | GBX-1.91 Million |
| 2024 | 8.60% | 7.11% | 0.61x | 1.98x | GBX-811.70K |
Industry Comparison
This section compares Aptitude Software Group PLC's net assets metrics with peer companies in the Software - Application industry.
Industry Context
- Industry: Software - Application
- Average net assets among peers: $85,980,270
- Average return on equity (ROE) among peers: -12.59%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Aptitude Software Group PLC (APTD) | GBX54.89 Million | 103.71% | 0.87x | $1.30 Million |
| Accesso Technology Group PLC (ACSO) | $1.66 Million | 10.74% | 0.17x | $1.24 Million |
| AdvancedAdvT Ltd (ADVT) | $141.12 Million | 7.71% | 0.19x | $2.75 Million |
| AIQ Ltd (AIQ) | $-76.86K | 0.00% | 0.00x | $43.34K |
| Alfa Financial Software Holdings PLC (ALFA) | $72.92 Million | 24.89% | 0.21x | $5.90 Million |
| Altitude Group Plc (ALT) | $3.68 Million | -47.78% | 0.58x | $231.47K |
| Anemoi International Ltd (AMOI) | $4.88 Million | -16.88% | 0.13x | $30.57K |
| ActiveOps PLC (AOM) | $9.88 Million | 11.18% | 2.34x | $1.76 Million |
| Arcontech Group Plc (ARC) | $442.00K | -102.04% | 0.19x | $128.54K |
| Auction Technology Group PLC (ATG) | $539.32 Million | -1.14% | 0.50x | $6.71 Million |
About Aptitude Software Group PLC
Aptitude Software Group plc, together with its subsidiaries, provides financial management software in the United Kingdom and internationally. The company offers Fynapse, an intelligent finance data management and accounting platform for autonomous finance; Aptitude Accounting Hub, a rules accounting engine and subledger solution; Aptitude RevStream, a revenue recognition software; Aptitude Fynap… Read more