Bodycote PLC (BOY) - Net Assets

Latest as of June 2025: GBX641.00 Million GBX ≈ $77.99K USD

Based on the latest financial reports, Bodycote PLC (BOY) has net assets worth GBX641.00 Million GBX (≈ $77.99K USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX1.05 Billion ≈ $127.47K USD) and total liabilities (GBX406.70 Million ≈ $49.48K 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 asset resilience ratio of Bodycote PLC to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric Value
Current Net Assets GBX641.00 Million
% of Total Assets 61.18%
Annual Growth Rate 10.34%
5-Year Change -1.69%
10-Year Change 21.89%
Growth Volatility 29.53

Bodycote PLC - Net Assets Trend (1985–2024)

This chart illustrates how Bodycote PLC's net assets have evolved over time, based on quarterly financial data. Also explore BOY total assets for the complete picture of this company's asset base.

Annual Net Assets for Bodycote PLC (1985–2024)

The table below shows the annual net assets of Bodycote PLC from 1985 to 2024. For live valuation and market cap data, see Bodycote PLC market cap and net worth.

Year Net Assets Change
2024-12-31 GBX669.90 Million
≈ $81.51K		 -15.45%
2023-12-31 GBX792.30 Million
≈ $96.40K		 +1.32%
2022-12-31 GBX782.00 Million
≈ $95.15K		 +14.09%
2021-12-31 GBX685.40 Million
≈ $83.39K		 +0.59%
2020-12-31 GBX681.40 Million
≈ $82.91K		 -3.46%
2019-12-31 GBX705.80 Million
≈ $85.88K		 -1.88%
2018-12-31 GBX719.30 Million
≈ $87.52K		 +3.13%
2017-12-31 GBX697.50 Million
≈ $84.87K		 +11.01%
2016-12-31 GBX628.30 Million
≈ $76.45K		 +14.32%
2015-12-31 GBX549.60 Million
≈ $66.87K		 -3.73%
2014-12-31 GBX570.90 Million
≈ $69.46K		 +4.29%
2013-12-31 GBX547.40 Million
≈ $66.60K		 +8.52%
2012-12-31 GBX504.40 Million
≈ $61.37K		 +4.52%
2011-12-31 GBX482.60 Million
≈ $58.72K		 +7.05%
2010-12-31 GBX450.80 Million
≈ $54.85K		 +6.67%
2009-12-31 GBX422.60 Million
≈ $51.42K		 -14.95%
2008-12-31 GBX496.90 Million
≈ $60.46K		 +0.06%
2007-12-31 GBX496.60 Million
≈ $60.42K		 +9.41%
2006-12-31 GBX453.90 Million
≈ $55.23K		 +4.71%
2005-12-31 GBX433.50 Million
≈ $52.74K		 +2.73%
2004-12-31 GBX422.00 Million
≈ $51.35K		 +13.50%
2003-12-31 GBX371.80 Million
≈ $45.24K		 -4.52%
2002-12-31 GBX389.40 Million
≈ $47.38K		 -0.38%
2001-12-31 GBX390.90 Million
≈ $47.56K		 +6.25%
2000-12-31 GBX367.90 Million
≈ $44.76K		 +10.70%
1999-12-31 GBX332.33 Million
≈ $40.44K		 +11.70%
1998-12-31 GBX297.53 Million
≈ $36.20K		 +104.36%
1997-12-31 GBX145.59 Million
≈ $17.71K		 -25.12%
1996-12-31 GBX194.44 Million
≈ $23.66K		 +150.68%
1995-12-31 GBX77.56 Million
≈ $9.44K		 +4.92%
1994-12-31 GBX73.92 Million
≈ $8.99K		 +13.58%
1993-12-31 GBX65.08 Million
≈ $7.92K		 +7.27%
1992-12-31 GBX60.68 Million
≈ $7.38K		 +35.68%
1991-12-31 GBX44.72 Million
≈ $5.44K		 +15.70%
1990-12-31 GBX38.65 Million
≈ $4.70K		 +22.87%
1989-12-31 GBX31.46 Million
≈ $3.83K		 +17.53%
1988-12-31 GBX26.77 Million
≈ $3.26K		 +21.86%
1987-12-31 GBX21.96 Million
≈ $2.67K		 +11.84%
1986-12-31 GBX19.64 Million
≈ $2.39K		 +36.23%
1985-12-31 GBX14.41 Million
≈ $1.75K		 --

Equity Component Analysis

This analysis shows how different components contribute to Bodycote 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 4043.2% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings GBX290.40 Million 43.47%
Common Stock GBX31.60 Million 4.73%
Other Comprehensive Income GBX180.10 Million 26.96%
Other Components GBX166.00 Million 24.85%
Total Equity GBX668.10 Million 100.00%

Bodycote PLC Competitors by Market Cap

The table below lists competitors of Bodycote PLC ranked by their market capitalization.

Company Market Cap
Turbo Mech Bhd
KLSE:5167
 $14.10 Million
Euromedis Groupe SA
PA:ALEMG
 $14.10 Million
Millennium Pharmacon International
JK:SDPC
 $14.11 Million
Les Hôtels de Paris SA
PA:HDP
 $14.11 Million
Iconic Minerals Ltd
V:ICM
 $14.09 Million
Marvel Gold Ltd
AU:MVL
 $14.09 Million
Gaming Corps AB
ST:GCOR
 $14.06 Million
Asturiana de Laminados S.A.
MC:ELZ
 $14.04 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Bodycote PLC's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 790,800,000 to 668,100,000, a change of -122,700,000 (-15.5%).
  • Net income of 20,000,000 contributed positively to equity growth.
  • Dividend payments of 42,900,000 reduced retained earnings.
  • Share repurchases of 57,700,000 reduced equity.
  • Other comprehensive income decreased equity by 12,100,000.
  • Other factors decreased equity by 30,000,000.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income GBX20.00 Million +2.99%
Dividends Paid GBX42.90 Million -6.42%
Share Repurchases GBX57.70 Million -8.64%
Other Comprehensive Income GBX-12.10 Million -1.81%
Other Changes GBX-30.00 Million -4.49%
Total Change GBX- -15.52%

Book Value vs Market Value Analysis

This analysis compares Bodycote 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: 188.67x
  • 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 3376.77x to 188.67x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1985-12-31 GBX0.20 GBX674.50 x
1986-12-31 GBX0.23 GBX674.50 x
1987-12-31 GBX0.32 GBX674.50 x
1988-12-31 GBX0.28 GBX674.50 x
1989-12-31 GBX0.32 GBX674.50 x
1990-12-31 GBX0.38 GBX674.50 x
1991-12-31 GBX0.42 GBX674.50 x
1992-12-31 GBX0.53 GBX674.50 x
1993-12-31 GBX0.56 GBX674.50 x
1994-12-31 GBX0.63 GBX674.50 x
1995-12-31 GBX0.72 GBX674.50 x
1996-12-31 GBX1.75 GBX674.50 x
1997-12-31 GBX1.13 GBX674.50 x
1998-12-31 GBX1.85 GBX674.50 x
1999-12-31 GBX2.06 GBX674.50 x
2000-12-31 GBX2.28 GBX674.50 x
2001-12-31 GBX2.44 GBX674.50 x
2002-12-31 GBX2.44 GBX674.50 x
2003-12-31 GBX2.17 GBX674.50 x
2004-12-31 GBX2.39 GBX674.50 x
2005-12-31 GBX2.33 GBX674.50 x
2006-12-31 GBX2.42 GBX674.50 x
2007-12-31 GBX2.66 GBX674.50 x
2008-12-31 GBX2.65 GBX674.50 x
2009-12-31 GBX2.26 GBX674.50 x
2010-12-31 GBX2.42 GBX674.50 x
2011-12-31 GBX2.54 GBX674.50 x
2012-12-31 GBX2.69 GBX674.50 x
2013-12-31 GBX2.89 GBX674.50 x
2014-12-31 GBX3.00 GBX674.50 x
2015-12-31 GBX2.89 GBX674.50 x
2016-12-31 GBX3.30 GBX674.50 x
2017-12-31 GBX3.66 GBX674.50 x
2018-12-31 GBX3.75 GBX674.50 x
2019-12-31 GBX3.70 GBX674.50 x
2020-12-31 GBX3.57 GBX674.50 x
2021-12-31 GBX3.59 GBX674.50 x
2022-12-31 GBX4.08 GBX674.50 x
2023-12-31 GBX4.14 GBX674.50 x
2024-12-31 GBX3.58 GBX674.50 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Bodycote 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): 2.99%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 2.64%
  • • Asset Turnover: 0.71x
  • • Equity Multiplier: 1.60x
  • Recent ROE (2.99%) is below the historical average (12.78%), 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 14.87% 5.41% 1.49x 1.85x GBX701.30K
1986 17.20% 6.34% 1.30x 2.09x GBX1.24 Million
1987 26.98% 8.52% 1.41x 2.25x GBX3.29 Million
1988 25.71% 9.20% 1.31x 2.13x GBX3.79 Million
1989 20.48% 7.29% 1.37x 2.05x GBX2.94 Million
1990 24.23% 10.94% 1.11x 1.99x GBX4.85 Million
1991 16.25% 9.63% 0.92x 1.84x GBX2.46 Million
1992 16.51% 11.12% 0.82x 1.81x GBX3.52 Million
1993 13.80% 10.80% 0.71x 1.81x GBX2.23 Million
1994 16.23% 12.75% 0.72x 1.77x GBX4.13 Million
1995 15.90% 15.12% 0.61x 1.72x GBX4.51 Million
1996 10.50% 15.70% 0.46x 1.44x GBX960.60K
1997 25.14% 17.23% 0.54x 2.72x GBX21.43 Million
1998 18.00% 16.71% 0.58x 1.85x GBX23.77 Million
1999 17.52% 16.37% 0.56x 1.90x GBX24.96 Million
2000 17.51% 17.35% 0.52x 1.94x GBX27.63 Million
2001 9.58% 7.80% 0.57x 2.16x GBX-1.62 Million
2002 1.62% 1.43% 0.53x 2.13x GBX-32.62 Million
2003 -4.69% -3.88% 0.58x 2.08x GBX-54.49 Million
2004 6.70% 6.61% 0.50x 2.04x GBX-13.90 Million
2005 9.42% 8.64% 0.53x 2.07x GBX-2.51 Million
2006 9.59% 7.72% 0.63x 1.98x GBX-1.85 Million
2007 10.78% 11.35% 0.47x 2.04x GBX3.80 Million
2008 30.45% 27.15% 0.48x 2.36x GBX100.60 Million
2009 -11.92% -11.51% 0.56x 1.83x GBX-92.13 Million
2010 6.15% 5.52% 0.65x 1.72x GBX-17.31 Million
2011 11.59% 9.78% 0.75x 1.58x GBX7.67 Million
2012 13.30% 11.38% 0.74x 1.58x GBX16.60 Million
2013 13.35% 11.78% 0.77x 1.48x GBX18.32 Million
2014 13.92% 13.04% 0.74x 1.45x GBX22.36 Million
2015 10.23% 9.91% 0.70x 1.47x GBX1.28 Million
2016 10.67% 11.16% 0.65x 1.47x GBX4.21 Million
2017 13.93% 14.07% 0.72x 1.38x GBX27.40 Million
2018 14.36% 14.16% 0.69x 1.46x GBX31.34 Million
2019 13.30% 13.03% 0.70x 1.46x GBX23.30 Million
2020 0.06% 0.07% 0.54x 1.63x GBX-67.65 Million
2021 8.69% 9.66% 0.58x 1.56x GBX-8.97 Million
2022 9.44% 9.91% 0.64x 1.50x GBX-4.39 Million
2023 10.82% 10.67% 0.71x 1.44x GBX6.52 Million
2024 2.99% 2.64% 0.71x 1.60x GBX-46.81 Million

Industry Comparison

This section compares Bodycote PLC's net assets metrics with peer companies in the Specialty Industrial Machinery industry.

Industry Context

  • Industry: Specialty Industrial Machinery
  • Average net assets among peers: $97,348,005
  • Average return on equity (ROE) among peers: -6.64%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Bodycote PLC (BOY) GBX641.00 Million 14.87% 0.63x $14.10 Million
Avingtrans Plc (AVG) $98.96 Million 4.03% 0.44x $2.57 Million
Castings PLC (CGS) $60.73 Million 11.18% 0.37x $1.42 Million
Clean Power Hydrogen PLC (CPH2) $25.17 Million -13.68% 0.17x $659.67K
EQTEC plc (EQT) $817.04K -127.41% 12.99x $3.20 Million
Goodwin PLC (GDWN) $142.21 Million 17.28% 1.01x $11.18 Million
IMI PLC (IMI) $402.00 Million 32.39% 2.46x $81.97 Million
ITM Power (ITM) $8.44 Million -14.29% 0.02x $12.18 Million
Morgan Advanced Materials plc (MGAM) $96.80 Million 13.43% 1.06x $7.29 Million
MPAC Group PLC (MPAC) $41.00 Million 17.32% 0.93x $859.88K

About Bodycote PLC

LSE:BOY UK Specialty Industrial Machinery
Market Cap
$14.10 Million
GBX115.88 Billion GBX
Market Cap Rank
#26017 Global
#294 in UK
Share Price
GBX674.50
Change (1 day)
-0.95%
52-Week Range
GBX502.50 - GBX785.50
All Time High
GBX880.93
Categories
Companies in UK Specialty Industrial Machinery
About

Bodycote plc provides heat treatment and thermal processing services worldwide. It operates in Specialist Technologies and Precision Heat Treatment divisions. The company offers heat treatment services, including altering the microstructure of metals and alloys, which include steel and aluminum to impart properties comprising surface hardness, temperature resistance, ductility, and strength; meta… Read more