BT Group Plc (BT-A) - Net Assets
Based on the latest financial reports, BT Group Plc (BT-A) has net assets worth GBX12.91 Billion GBX (≈ $1.57 Million USD) as of March 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX50.98 Billion ≈ $6.20 Million USD) and total liabilities (GBX38.07 Billion ≈ $4.63 Million 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 BT-A asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | GBX12.91 Billion |
| % of Total Assets | 25.32% |
| Annual Growth Rate | 1.51% |
| 5-Year Change | 10.52% |
| 10-Year Change | 24.35% |
| Growth Volatility | 438.28 |
BT Group Plc - Net Assets Trend (1986–2025)
This chart illustrates how BT Group Plc's net assets have evolved over time, based on quarterly financial data. Also explore BT-A total asset value for the complete picture of this company's asset base.
Annual Net Assets for BT Group Plc (1986–2025)
The table below shows the annual net assets of BT Group Plc from 1986 to 2025. For live valuation and market cap data, see how much is BT Group Plc worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | GBX12.91 Billion ≈ $1.57 Million |
+3.12% |
| 2024-03-31 | GBX12.52 Billion ≈ $1.52 Million |
-13.75% |
| 2023-03-31 | GBX14.51 Billion ≈ $1.77 Million |
-5.11% |
| 2022-03-31 | GBX15.30 Billion ≈ $1.86 Million |
+30.97% |
| 2021-03-31 | GBX11.68 Billion ≈ $1.42 Million |
-20.89% |
| 2020-03-31 | GBX14.76 Billion ≈ $1.80 Million |
+45.21% |
| 2019-03-31 | GBX10.17 Billion ≈ $1.24 Million |
-1.33% |
| 2018-03-31 | GBX10.30 Billion ≈ $1.25 Million |
+23.62% |
| 2017-03-31 | GBX8.34 Billion ≈ $1.01 Million |
-19.70% |
| 2016-03-31 | GBX10.38 Billion ≈ $1.26 Million |
+1184.65% |
| 2015-03-31 | GBX808.00 Million ≈ $98.31K |
+236.49% |
| 2014-03-31 | GBX-592.00 Million ≈ $-72.03K |
-125.95% |
| 2013-03-31 | GBX-262.00 Million ≈ $-31.88K |
-120.03% |
| 2012-03-31 | GBX1.31 Billion ≈ $159.15K |
-32.96% |
| 2011-03-31 | GBX1.95 Billion ≈ $237.38K |
+174.30% |
| 2010-03-31 | GBX-2.63 Billion ≈ $-319.51K |
-1653.85% |
| 2009-03-31 | GBX169.00 Million ≈ $20.56K |
-96.89% |
| 2008-03-31 | GBX5.43 Billion ≈ $660.92K |
+27.15% |
| 2007-03-31 | GBX4.27 Billion ≈ $519.78K |
+165.84% |
| 2006-03-31 | GBX1.61 Billion ≈ $195.53K |
+1591.58% |
| 2005-03-31 | GBX95.00 Million ≈ $11.56K |
-96.95% |
| 2004-03-31 | GBX3.11 Billion ≈ $378.64K |
+15.05% |
| 2003-03-31 | GBX2.71 Billion ≈ $329.12K |
+1045.80% |
| 2002-03-31 | GBX-286.00 Million ≈ $-34.80K |
-101.96% |
| 2001-03-31 | GBX14.57 Billion ≈ $1.77 Million |
-10.57% |
| 2000-03-31 | GBX16.29 Billion ≈ $1.98 Million |
+7.50% |
| 1999-03-31 | GBX15.16 Billion ≈ $1.84 Million |
+37.68% |
| 1998-03-31 | GBX11.01 Billion ≈ $1.34 Million |
-2.79% |
| 1997-03-31 | GBX11.32 Billion ≈ $1.38 Million |
-11.93% |
| 1996-03-31 | GBX12.86 Billion ≈ $1.56 Million |
+6.01% |
| 1995-03-31 | GBX12.13 Billion ≈ $1.48 Million |
-7.56% |
| 1994-03-31 | GBX13.12 Billion ≈ $1.60 Million |
+6.76% |
| 1993-03-31 | GBX12.29 Billion ≈ $1.50 Million |
+3.61% |
| 1992-03-31 | GBX11.86 Billion ≈ $1.44 Million |
+11.23% |
| 1991-03-31 | GBX10.66 Billion ≈ $1.30 Million |
+14.22% |
| 1990-03-31 | GBX9.34 Billion ≈ $1.14 Million |
+4.32% |
| 1989-03-31 | GBX8.95 Billion ≈ $1.09 Million |
+8.71% |
| 1988-03-31 | GBX8.23 Billion ≈ $1.00 Million |
+7.57% |
| 1987-03-31 | GBX7.65 Billion ≈ $931.15K |
+6.26% |
| 1986-03-31 | GBX7.20 Billion ≈ $876.28K |
-- |
Equity Component Analysis
This analysis shows how different components contribute to BT 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 104.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | GBX9.91 Billion | 76.77% |
| Common Stock | GBX499.00 Million | 3.87% |
| Other Components | GBX2.50 Billion | 19.36% |
| Total Equity | GBX12.91 Billion | 100.00% |
BT Group Plc Competitors by Market Cap
The table below lists competitors of BT Group Plc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Australian Clinical Labs Ltd
AU:ACL
|
$256.90 Million |
|
Cybin Inc. Common Stock
NYSE MKT:HELP
|
$256.95 Million |
|
Oxley Bridge Acquisition Limited Class A Ordinary Shares
NASDAQ:OBA
|
$257.05 Million |
|
MAKUS Inc
KQ:093520
|
$257.24 Million |
|
ButOne Information Corp XiAn
SHG:600455
|
$256.73 Million |
|
Zespol Elektrowni Patnow Adamow Konin SA
WAR:ZEP
|
$256.53 Million |
|
Burgenland Holding Aktiengesellschaft
VI:BHD
|
$256.50 Million |
|
SatixFy Communications Ltd
NYSE MKT:SATX
|
$256.48 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in BT Group Plc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 12,518,000,000 to 12,908,000,000, a change of 390,000,000 (3.1%).
- Net income of 1,054,000,000 contributed positively to equity growth.
- Dividend payments of 788,000,000 reduced retained earnings.
- Share repurchases of 79,000,000 reduced equity.
- New share issuances of 6,000,000 increased equity.
- Other comprehensive income decreased equity by 1,714,000,000.
- Other factors increased equity by 1,911,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | GBX1.05 Billion | +8.17% |
| Dividends Paid | GBX788.00 Million | -6.1% |
| Share Repurchases | GBX79.00 Million | -0.61% |
| Share Issuances | GBX6.00 Million | +0.05% |
| Other Comprehensive Income | GBX-1.71 Billion | -13.28% |
| Other Changes | GBX1.91 Billion | +14.8% |
| Total Change | GBX- | 3.12% |
Book Value vs Market Value Analysis
This analysis compares BT 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: 167.25x
- 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 337.90x to 167.25x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1986-03-31 | GBX0.64 | GBX216.75 | x |
| 1987-03-31 | GBX0.71 | GBX216.75 | x |
| 1988-03-31 | GBX0.80 | GBX216.75 | x |
| 1989-03-31 | GBX0.90 | GBX216.75 | x |
| 1990-03-31 | GBX0.93 | GBX216.75 | x |
| 1991-03-31 | GBX1.07 | GBX216.75 | x |
| 1992-03-31 | GBX1.19 | GBX216.75 | x |
| 1993-03-31 | GBX1.24 | GBX216.75 | x |
| 1994-03-31 | GBX1.32 | GBX216.75 | x |
| 1995-03-31 | GBX1.21 | GBX216.75 | x |
| 1996-03-31 | GBX1.28 | GBX216.75 | x |
| 1997-03-31 | GBX1.12 | GBX216.75 | x |
| 1998-03-31 | GBX1.09 | GBX216.75 | x |
| 1999-03-31 | GBX1.51 | GBX216.75 | x |
| 2000-03-31 | GBX1.60 | GBX216.75 | x |
| 2001-03-31 | GBX1.42 | GBX216.75 | x |
| 2002-03-31 | GBX-0.04 | GBX216.75 | x |
| 2003-03-31 | GBX0.27 | GBX216.75 | x |
| 2004-03-31 | GBX0.31 | GBX216.75 | x |
| 2005-03-31 | GBX0.00 | GBX216.75 | x |
| 2006-03-31 | GBX0.16 | GBX216.75 | x |
| 2007-03-31 | GBX0.43 | GBX216.75 | x |
| 2008-03-31 | GBX0.55 | GBX216.75 | x |
| 2009-03-31 | GBX0.01 | GBX216.75 | x |
| 2010-03-31 | GBX-0.27 | GBX216.75 | x |
| 2011-03-31 | GBX0.19 | GBX216.75 | x |
| 2012-03-31 | GBX0.13 | GBX216.75 | x |
| 2013-03-31 | GBX-0.03 | GBX216.75 | x |
| 2014-03-31 | GBX-0.06 | GBX216.75 | x |
| 2015-03-31 | GBX0.08 | GBX216.75 | x |
| 2016-03-31 | GBX1.05 | GBX216.75 | x |
| 2017-03-31 | GBX0.83 | GBX216.75 | x |
| 2018-03-31 | GBX1.04 | GBX216.75 | x |
| 2019-03-31 | GBX1.03 | GBX216.75 | x |
| 2020-03-31 | GBX1.49 | GBX216.75 | x |
| 2021-03-31 | GBX1.16 | GBX216.75 | x |
| 2022-03-31 | GBX1.51 | GBX216.75 | x |
| 2023-03-31 | GBX1.44 | GBX216.75 | x |
| 2024-03-31 | GBX1.25 | GBX216.75 | x |
| 2025-03-31 | GBX1.30 | GBX216.75 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently BT 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): 8.17%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.18%
- • Asset Turnover: 0.40x
- • Equity Multiplier: 3.95x
- Recent ROE (8.17%) is below the historical average (128.79%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1986 | 17.19% | 13.11% | 0.59x | 2.21x | GBX456.00 Million |
| 1987 | 18.62% | 14.07% | 0.62x | 2.12x | GBX608.30 Million |
| 1988 | 18.42% | 14.29% | 0.64x | 2.00x | GBX665.00 Million |
| 1989 | 17.70% | 14.15% | 0.64x | 1.96x | GBX681.10 Million |
| 1990 | 16.36% | 12.25% | 0.64x | 2.08x | GBX586.60 Million |
| 1991 | 19.67% | 15.81% | 0.64x | 1.94x | GBX1.02 Billion |
| 1992 | 17.39% | 15.33% | 0.62x | 1.83x | GBX868.60 Million |
| 1993 | 9.99% | 9.21% | 0.62x | 1.74x | GBX-1.80 Million |
| 1994 | 13.57% | 12.92% | 0.61x | 1.73x | GBX464.40 Million |
| 1995 | 14.43% | 12.46% | 0.65x | 1.79x | GBX531.30 Million |
| 1996 | 15.66% | 13.75% | 0.61x | 1.86x | GBX718.20 Million |
| 1997 | 18.68% | 13.91% | 0.60x | 2.25x | GBX965.40 Million |
| 1998 | 15.78% | 10.88% | 0.67x | 2.16x | GBX623.50 Million |
| 1999 | 19.97% | 17.60% | 0.61x | 1.87x | GBX1.49 Billion |
| 2000 | 13.01% | 10.98% | 0.50x | 2.38x | GBX475.50 Million |
| 2001 | -12.86% | -8.86% | 0.37x | 3.90x | GBX-3.22 Billion |
| 2002 | 0.00% | 11.33% | 0.74x | 0.00x | GBX2.37 Billion |
| 2003 | 96.06% | 13.55% | 0.66x | 10.68x | GBX2.27 Billion |
| 2004 | 46.12% | 7.64% | 0.70x | 8.66x | GBX1.11 Billion |
| 2005 | 4066.67% | 9.93% | 0.67x | 611.84x | GBX1.83 Billion |
| 2006 | 99.49% | 7.93% | 0.79x | 15.88x | GBX1.39 Billion |
| 2007 | 67.25% | 14.09% | 0.84x | 5.70x | GBX2.43 Billion |
| 2008 | 32.11% | 8.39% | 0.71x | 5.43x | GBX1.20 Billion |
| 2009 | -135.92% | -0.90% | 0.73x | 206.15x | GBX-207.20 Million |
| 2010 | 0.00% | 4.93% | 0.73x | 0.00x | GBX1.29 Billion |
| 2011 | 78.03% | 7.48% | 0.85x | 12.23x | GBX1.31 Billion |
| 2012 | 154.36% | 10.59% | 0.79x | 18.49x | GBX1.87 Billion |
| 2013 | 0.00% | 11.61% | 0.73x | 0.00x | GBX2.12 Billion |
| 2014 | 0.00% | 11.04% | 0.73x | 0.00x | GBX2.08 Billion |
| 2015 | 264.23% | 11.87% | 0.66x | 33.65x | GBX2.05 Billion |
| 2016 | 24.93% | 13.59% | 0.45x | 4.10x | GBX1.55 Billion |
| 2017 | 22.89% | 7.93% | 0.57x | 5.08x | GBX1.07 Billion |
| 2018 | 19.72% | 8.57% | 0.55x | 4.15x | GBX1.00 Billion |
| 2019 | 21.24% | 9.22% | 0.51x | 4.55x | GBX1.14 Billion |
| 2020 | 11.75% | 7.57% | 0.43x | 3.59x | GBX257.70 Million |
| 2021 | 12.60% | 6.90% | 0.42x | 4.36x | GBX304.10 Million |
| 2022 | 8.33% | 6.11% | 0.42x | 3.25x | GBX-255.60 Million |
| 2023 | 13.13% | 9.21% | 0.39x | 3.63x | GBX453.60 Million |
| 2024 | 6.83% | 4.11% | 0.40x | 4.13x | GBX-396.80 Million |
| 2025 | 8.17% | 5.18% | 0.40x | 3.95x | GBX-236.80 Million |
Industry Comparison
This section compares BT Group Plc's net assets metrics with peer companies in the Telecom Services industry.
Industry Context
- Industry: Telecom Services
- Average net assets among peers: $569,872,586
- Average return on equity (ROE) among peers: 8.22%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| BT Group Plc (BT-A) | GBX12.91 Billion | 17.19% | 2.95x | $256.88 Million |
| Airtel Africa Plc (AAF) | $2.77 Billion | 7.93% | 3.33x | $156.70 Million |
| Bigblu Broadband PLC (BBB) | $-441.00K | 0.00% | 0.00x | $31.83K |
| Gamma Communications PLC (GAMA) | $254.20 Million | 21.09% | 0.42x | $10.46 Million |
| Helios Towers Plc (HTWS) | $251.60 Million | -36.89% | 3.43x | $25.14 Million |
| Maintel Holdings Plc (MAI) | $27.06 Million | 11.39% | 3.22x | $209.69K |
| Orient Telecoms (ORNT) | $540.66K | 7.46% | 0.49x | $4.87K |
| Vodafone Group PLC (VOD) | $899.69 Million | 35.09% | 0.51x | $333.36 Million |
| Zegona Communications Plc (ZEG) | $351.33 Million | 19.71% | 0.04x | $50.66 Million |
About BT Group Plc
BT Group plc provides communications products and services in the United Kingdom, Europe, the Middle East, Africa, the Americas, and the Asia Pacific. The company operates through Consumer, Business, and Openreach segments. It builds, owns, and operates fixed and mobile networks; and designs, builds, markets, sells, and supports network access, connectivity, and related products. The company also… Read more