Avation PLC
Avation PLC, together with its subsidiaries, leases commercial passenger aircraft to airlines in Europe and the Asia-Pacific. The company's fleet includes 14 narrow-body jets, two twin-aisle jets, and 17 ATR 72 twin-engine turboprop aircraft. As of June 30, 2025, the company owned and managed a fleet of 33 aircraft. It is also involved in the financing business. Avation PLC was incorporated in 20… Read more
Avation PLC (AVAP) - Net Assets
Latest net assets as of June 2025: GBX243.85 Million GBX
Based on the latest financial reports, Avation PLC (AVAP) has net assets worth GBX243.85 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 (GBX1.10 Billion) and total liabilities (GBX858.09 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 | GBX243.85 Million |
| % of Total Assets | 22.13% |
| Annual Growth Rate | 57.57% |
| 5-Year Change | 55.31% |
| 10-Year Change | 40.46% |
| Growth Volatility | 1417.56 |
Avation PLC - Net Assets Trend (2005–2025)
This chart illustrates how Avation 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 Avation PLC (2005–2025)
The table below shows the annual net assets of Avation PLC from 2005 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | GBX243.85 Million | -4.90% |
| 2024-06-30 | GBX256.40 Million | +6.11% |
| 2023-06-30 | GBX241.63 Million | +6.40% |
| 2022-06-30 | GBX227.09 Million | +44.64% |
| 2021-06-30 | GBX157.01 Million | -28.96% |
| 2020-06-30 | GBX221.02 Million | -8.20% |
| 2019-06-30 | GBX240.76 Million | +5.51% |
| 2018-06-30 | GBX228.18 Million | +16.46% |
| 2017-06-30 | GBX195.92 Million | +12.85% |
| 2016-06-30 | GBX173.61 Million | +35.42% |
| 2015-06-30 | GBX128.20 Million | +15.21% |
| 2014-06-30 | GBX111.28 Million | +13.28% |
| 2013-06-30 | GBX98.24 Million | +19.08% |
| 2012-06-30 | GBX82.49 Million | +3.77% |
| 2011-06-30 | GBX79.50 Million | +46.58% |
| 2010-06-30 | GBX54.24 Million | +12.81% |
| 2009-06-30 | GBX48.08 Million | +13.82% |
| 2008-06-30 | GBX42.24 Million | +425.92% |
| 2007-06-30 | GBX8.03 Million | +6534.90% |
| 2006-06-30 | GBX121.06K | +341.99% |
| 2005-06-30 | GBX27.39K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Avation 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 10342866000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | GBX102.82 Million | 42.17% |
| Common Stock | GBX1.23 Million | 0.51% |
| Other Comprehensive Income | GBX76.34 Million | 31.31% |
| Other Components | GBX63.44 Million | 26.02% |
| Total Equity | GBX243.84 Million | 100.00% |
Avation PLC Competitors by Market Cap
The table below lists competitors of Avation PLC ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
ADITYA BIRLA LIFESTYLE BRANDS LTD
NSE:ABLBL
|
$10.62K |
|
NBEST Prime VIII Inmuebles Socimi SA
MC:YINB8
|
$10.64K |
|
NZI Technical Protection, S.A.
MC:NZI
|
$10.64K |
|
Techo Hogar SOCIMI, S.A.
MC:YTCH
|
$10.65K |
|
EVEN3F
SA:EVEN3F
|
$10.61K |
|
BluEnergies Ltd.
V:BLU
|
$10.61K |
|
3GC
STU:3GC
|
$10.61K |
|
King Shing Industrial Co, LTD.
TW:7732
|
$10.61K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Avation PLC's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 256,390,000 to 243,839,000, a change of -12,551,000 (-4.9%).
- Net loss of 7,716,000 reduced equity.
- Dividend payments of 450,000 reduced retained earnings.
- Share repurchases of 16,003,000 reduced equity.
- New share issuances of 6,532,000 increased equity.
- Other comprehensive income increased equity by 2,198,999.
- Other factors increased equity by 2,887,001.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | GBX-7.72 Million | -3.16% |
| Dividends Paid | GBX450.00K | -0.18% |
| Share Repurchases | GBX16.00 Million | -6.56% |
| Share Issuances | GBX6.53 Million | +2.68% |
| Other Comprehensive Income | GBX2.20 Million | +0.9% |
| Other Changes | GBX2.89 Million | +1.18% |
| Total Change | GBX- | -4.90% |
Book Value vs Market Value Analysis
This analysis compares Avation 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: 38.86x
- 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 28919.81x to 38.86x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-06-30 | GBX0.00 | GBX133.50 | x |
| 2007-06-30 | GBX0.29 | GBX133.50 | x |
| 2008-06-30 | GBX1.09 | GBX133.50 | x |
| 2009-06-30 | GBX1.11 | GBX133.50 | x |
| 2010-06-30 | GBX1.34 | GBX133.50 | x |
| 2011-06-30 | GBX1.49 | GBX133.50 | x |
| 2012-06-30 | GBX1.63 | GBX133.50 | x |
| 2013-06-30 | GBX1.80 | GBX133.50 | x |
| 2014-06-30 | GBX1.98 | GBX133.50 | x |
| 2015-06-30 | GBX2.33 | GBX133.50 | x |
| 2016-06-30 | GBX3.24 | GBX133.50 | x |
| 2017-06-30 | GBX3.29 | GBX133.50 | x |
| 2018-06-30 | GBX3.63 | GBX133.50 | x |
| 2019-06-30 | GBX3.76 | GBX133.50 | x |
| 2020-06-30 | GBX3.49 | GBX133.50 | x |
| 2021-06-30 | GBX2.42 | GBX133.50 | x |
| 2022-06-30 | GBX3.27 | GBX133.50 | x |
| 2023-06-30 | GBX3.48 | GBX133.50 | x |
| 2024-06-30 | GBX3.60 | GBX133.50 | x |
| 2025-06-30 | GBX3.44 | GBX133.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Avation 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): -3.16%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -6.86%
- • Asset Turnover: 0.10x
- • Equity Multiplier: 4.52x
- Recent ROE (-3.16%) is below the historical average (8.33%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 16.06% | 1.20% | 8.62x | 1.56x | GBX7.33K |
| 2007 | 13.69% | 30.32% | 0.15x | 3.00x | GBX296.51K |
| 2008 | 52.32% | 138.44% | 0.07x | 5.29x | GBX11.21 Million |
| 2009 | 13.71% | 16.25% | 0.19x | 4.51x | GBX1.18 Million |
| 2010 | 7.10% | 9.42% | 0.18x | 4.14x | GBX-1.02 Million |
| 2011 | 10.15% | 22.26% | 0.16x | 2.78x | GBX87.28K |
| 2012 | 7.85% | 14.97% | 0.14x | 3.75x | GBX-1.43 Million |
| 2013 | 12.95% | 24.60% | 0.11x | 4.86x | GBX2.39 Million |
| 2014 | 14.22% | 26.16% | 0.13x | 4.33x | GBX4.06 Million |
| 2015 | 10.29% | 23.19% | 0.10x | 4.62x | GBX361.30K |
| 2016 | 10.53% | 24.42% | 0.09x | 4.79x | GBX927.50K |
| 2017 | 10.86% | 21.36% | 0.11x | 4.60x | GBX1.68 Million |
| 2018 | 8.76% | 18.33% | 0.09x | 5.05x | GBX-2.82 Million |
| 2019 | 10.67% | 19.90% | 0.09x | 5.79x | GBX1.62 Million |
| 2020 | 4.40% | 7.01% | 0.10x | 6.41x | GBX-12.38 Million |
| 2021 | -54.09% | -76.62% | 0.09x | 8.17x | GBX-100.58 Million |
| 2022 | 7.54% | 15.59% | 0.09x | 5.36x | GBX-5.58 Million |
| 2023 | 5.00% | 13.15% | 0.08x | 4.84x | GBX-12.20 Million |
| 2024 | 7.70% | 22.05% | 0.08x | 4.46x | GBX-5.90 Million |
| 2025 | -3.16% | -6.86% | 0.10x | 4.52x | GBX-32.10 Million |
Industry Comparison
This section compares Avation PLC's net assets metrics with peer companies in the Rental & Leasing Services industry.
Industry Context
- Industry: Rental & Leasing Services
- Average net assets among peers: $941,902,260
- Average return on equity (ROE) among peers: 6.97%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Avation PLC (AVAP) | GBX243.85 Million | 16.06% | 3.52x | $10.62K |
| Amedeo Air Four Plus Limited (AA4) | $311.69 Million | -55.20% | 3.61x | $80.68 |
| Anexo Group Plc (ANX) | $46.76 Million | 23.97% | 0.48x | $3.93K |
| Andrews Sykes Group plc (ASY) | $11.21 Million | 70.90% | 2.47x | $26.23K |
| Doric Nimrod Air Two Limited (DNA2) | $300.14 Million | -6.94% | 2.17x | $21.92K |
| Doric Nimrod Air Three Ltd (DNA3) | $175.23 Million | 37.55% | 2.01x | $17.27K |
| DP Aircraft I Limited (DPA) | $215.70 Million | 10.74% | 1.08x | $38.90 Million |
| HSS Hire Group PLC (HSS) | $153.39 Million | -11.29% | 2.16x | $8.78K |
| Speedy Hire PLC (SDY) | $178.40 Million | -29.54% | 1.08x | $14.86K |
| SUNBELT RENTALS HOLDINGS CDI (SUNB) | $7.08 Billion | 22.56% | 2.06x | $268.27 Million |