Bakkavor Group PLC (BAKK) - Net Assets
Based on the latest financial reports, Bakkavor Group PLC (BAKK) has net assets worth GBX598.10 Million GBX (≈ $72.77K USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX1.48 Billion ≈ $180.43K USD) and total liabilities (GBX884.80 Million ≈ $107.65K 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 BAKK cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | GBX598.10 Million |
| % of Total Assets | 40.33% |
| Annual Growth Rate | -2.92% |
| 5-Year Change | 3.01% |
| 10-Year Change | 74.29% |
| Growth Volatility | 39.65 |
Bakkavor Group PLC - Net Assets Trend (2000–2024)
This chart illustrates how Bakkavor Group PLC's net assets have evolved over time, based on quarterly financial data. Also explore total assets of Bakkavor Group PLC for the complete picture of this company's asset base.
Annual Net Assets for Bakkavor Group PLC (2000–2024)
The table below shows the annual net assets of Bakkavor Group PLC from 2000 to 2024. For live valuation and market cap data, see market value of Bakkavor Group PLC.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | GBX616.10 Million ≈ $74.96K |
+1.40% |
| 2023-12-31 | GBX607.60 Million ≈ $73.93K |
-1.65% |
| 2022-12-31 | GBX617.80 Million ≈ $75.17K |
-3.57% |
| 2021-12-31 | GBX640.70 Million ≈ $77.95K |
+7.12% |
| 2020-12-31 | GBX598.10 Million ≈ $72.77K |
+5.73% |
| 2019-12-31 | GBX565.70 Million ≈ $68.83K |
-0.65% |
| 2018-12-31 | GBX569.40 Million ≈ $69.28K |
+11.63% |
| 2017-12-31 | GBX510.10 Million ≈ $62.06K |
+34.66% |
| 2016-12-31 | GBX378.80 Million ≈ $46.09K |
+7.16% |
| 2015-12-31 | GBX353.50 Million ≈ $43.01K |
+8.90% |
| 2014-12-31 | GBX324.60 Million ≈ $39.49K |
+7.52% |
| 2013-12-31 | GBX301.90 Million ≈ $36.73K |
0.00% |
| 2013-12-28 | GBX301.90 Million ≈ $36.73K |
-1.98% |
| 2012-12-31 | GBX308.00 Million ≈ $37.47K |
+2.22% |
| 2011-12-31 | GBX301.30 Million ≈ $36.66K |
+23.89% |
| 2010-12-31 | GBX243.20 Million ≈ $29.59K |
+126.02% |
| 2009-12-31 | GBX107.60 Million ≈ $13.09K |
-12.33% |
| 2008-12-31 | GBX122.73 Million ≈ $14.93K |
-55.96% |
| 2007-12-31 | GBX278.68 Million ≈ $33.91K |
+15.42% |
| 2006-12-31 | GBX241.45 Million ≈ $29.38K |
+89.59% |
| 2005-12-31 | GBX127.35 Million ≈ $15.50K |
+44.37% |
| 2004-12-31 | GBX88.21 Million ≈ $10.73K |
+22.42% |
| 2003-12-31 | GBX72.06 Million ≈ $8.77K |
+22.94% |
| 2002-12-31 | GBX58.61 Million ≈ $7.13K |
+24.77% |
| 2001-12-31 | GBX46.98 Million ≈ $5.72K |
-96.26% |
| 2000-12-31 | GBX1.25 Billion ≈ $152.64K |
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Equity Component Analysis
This analysis shows how different components contribute to Bakkavor 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 41.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | GBX708.50 Million | 115.00% |
| Common Stock | GBX11.60 Million | 1.88% |
| Other Comprehensive Income | GBX-97.70 Million | -15.86% |
| Total Equity | GBX616.10 Million | 100.00% |
Bakkavor Group PLC Competitors by Market Cap
The table below lists competitors of Bakkavor Group PLC ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Cliq Digital AG
F:CLIQ
|
$18.28 Million |
|
IXUP Ltd
AU:IXU
|
$18.29 Million |
|
Vitura Health Ltd
AU:VIT
|
$18.29 Million |
|
BLUELAKE MINERAL AB
F:5KG0
|
$18.29 Million |
|
Southern Energy Corp
V:SOU
|
$18.24 Million |
|
Ihlas Yayin Holding A.S.
IS:IHYAY
|
$18.24 Million |
|
Scibase AB
ST:SCIB
|
$18.23 Million |
|
RLF Agtech Ltd
AU:RLF
|
$18.23 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Bakkavor Group PLC's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 607,600,000 to 616,100,000, a change of 8,500,000 (1.4%).
- Net income of 55,700,000 contributed positively to equity growth.
- Dividend payments of 43,800,000 reduced retained earnings.
- Share repurchases of 8,600,000 reduced equity.
- New share issuances of 400,000 increased equity.
- Other comprehensive income decreased equity by 700,001.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | GBX55.70 Million | +9.04% |
| Dividends Paid | GBX43.80 Million | -7.11% |
| Share Repurchases | GBX8.60 Million | -1.4% |
| Share Issuances | GBX400.00K | +0.06% |
| Other Comprehensive Income | GBX-700.00K | -0.11% |
| Other Changes | GBX5.50 Million | +0.89% |
| Total Change | GBX- | 1.40% |
Book Value vs Market Value Analysis
This analysis compares Bakkavor 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: 240.48x
- 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 97.89x to 240.48x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-12-28 | GBX2.57 | GBX252.00 | x |
| 2013-12-31 | GBX2.57 | GBX252.00 | x |
| 2014-12-31 | GBX0.55 | GBX252.00 | x |
| 2015-12-31 | GBX0.61 | GBX252.00 | x |
| 2016-12-31 | GBX0.65 | GBX252.00 | x |
| 2017-12-31 | GBX0.96 | GBX252.00 | x |
| 2018-12-31 | GBX0.98 | GBX252.00 | x |
| 2019-12-31 | GBX0.97 | GBX252.00 | x |
| 2020-12-31 | GBX1.02 | GBX252.00 | x |
| 2021-12-31 | GBX1.09 | GBX252.00 | x |
| 2022-12-31 | GBX1.05 | GBX252.00 | x |
| 2023-12-31 | GBX1.03 | GBX252.00 | x |
| 2024-12-31 | GBX1.05 | GBX252.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Bakkavor 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): 9.04%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.43%
- • Asset Turnover: 1.53x
- • Equity Multiplier: 2.43x
- Recent ROE (9.04%) is above the historical average (6.37%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | -3.91% | -0.72% | 1.33x | 4.12x | GBX-41.99 Million |
| 2013 | -3.91% | -0.72% | 1.33x | 4.12x | GBX-41.99 Million |
| 2014 | 3.83% | 0.74% | 1.32x | 3.93x | GBX-19.48 Million |
| 2015 | 14.31% | 3.02% | 1.31x | 3.62x | GBX15.25 Million |
| 2016 | 13.54% | 2.91% | 1.41x | 3.30x | GBX13.42 Million |
| 2017 | 6.08% | 1.71% | 1.47x | 2.42x | GBX-20.01 Million |
| 2018 | 11.80% | 3.62% | 1.39x | 2.34x | GBX10.26 Million |
| 2019 | 6.52% | 1.96% | 1.29x | 2.59x | GBX-19.67 Million |
| 2020 | 5.70% | 1.90% | 1.24x | 2.42x | GBX-25.71 Million |
| 2021 | 8.87% | 3.03% | 1.24x | 2.35x | GBX-7.27 Million |
| 2022 | 2.02% | 0.58% | 1.39x | 2.49x | GBX-49.28 Million |
| 2023 | 8.87% | 2.45% | 1.49x | 2.44x | GBX-6.86 Million |
| 2024 | 9.04% | 2.43% | 1.53x | 2.43x | GBX-5.91 Million |
Industry Comparison
This section compares Bakkavor Group PLC's net assets metrics with peer companies in the Packaged Foods industry.
Industry Context
- Industry: Packaged Foods
- Average net assets among peers: $698,817,000
- Average return on equity (ROE) among peers: 5.81%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Bakkavor Group PLC (BAKK) | GBX598.10 Million | -3.91% | 1.48x | $18.25 Million |
| Associated British Foods PLC (ABF) | $5.08 Billion | 7.07% | 0.78x | $157.41 Million |
| Anpario Plc (ANP) | $30.52 Million | 9.78% | 0.22x | $1.10 Million |
| Benchmark Holdings Plc (BMK) | $323.29 Million | -9.42% | 0.63x | $135.69 Million |
| Carr's Group plc (CARR) | $67.86 Million | 12.54% | 1.43x | $840.50K |
| Cranswick PLC (CWK) | $245.93 Million | 15.24% | 0.63x | $34.96 Million |
| Greencore Group (GNC) | $492.00 Million | 11.71% | 1.59x | $12.99 Million |
| Hilton Food Group Plc (HFG) | $221.94 Million | 17.90% | 3.75x | $5.89 Million |
| Premier Foods PLC (PFD) | $-180.20 Million | 0.00% | 0.00x | $20.77 Million |
| Science in Sport plc (SIS) | $12.02 Million | -12.56% | 0.13x | $938.40K |
About Bakkavor Group PLC
Bakkavor Group plc, together with its subsidiary, engages in the preparation and marketing of prepared food in the United Kingdom, the United States, and China. It offers meal, pizza, bread, salad, dessert, dip, soup, sauce, burrito, sandwich, and bakery product. The company is also involved in property management and pension trustee. It also sells its product through supermarket and foodservice … Read more