Cohort (CHRT) - Net Assets
Based on the latest financial reports, Cohort (CHRT) has net assets worth GBX188.24 Million GBX (≈ $22.90K USD) as of April 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX421.05 Million ≈ $51.23K USD) and total liabilities (GBX232.81 Million ≈ $28.33K 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 Cohort PP&E and investment ratio to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | GBX188.24 Million |
| % of Total Assets | 44.71% |
| Annual Growth Rate | 26.16% |
| 5-Year Change | 111.05% |
| 10-Year Change | 154.41% |
| Growth Volatility | 66.38 |
Cohort - Net Assets Trend (2003–2026)
This chart illustrates how Cohort's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see market cap of Cohort.
Annual Net Assets for Cohort (2003–2026)
The table below shows the annual net assets of Cohort from 2003 to 2026. Also explore Cohort (CHRT) net asset momentum to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2026-04-30 | GBX188.24 Million ≈ $22.90K |
+17.58% |
| 2025-04-30 | GBX160.09 Million ≈ $19.48K |
+45.75% |
| 2024-04-30 | GBX109.84 Million ≈ $13.36K |
+10.08% |
| 2023-04-30 | GBX99.78 Million ≈ $12.14K |
+11.87% |
| 2022-04-30 | GBX89.19 Million ≈ $10.85K |
+4.87% |
| 2021-04-30 | GBX85.05 Million ≈ $10.35K |
+3.99% |
| 2020-04-30 | GBX81.79 Million ≈ $9.95K |
+6.26% |
| 2019-04-30 | GBX76.97 Million ≈ $9.37K |
+1.76% |
| 2018-04-30 | GBX75.64 Million ≈ $9.20K |
+2.24% |
| 2017-04-30 | GBX73.99 Million ≈ $9.00K |
+4.52% |
| 2016-04-30 | GBX70.79 Million ≈ $8.61K |
+12.64% |
| 2015-04-30 | GBX62.85 Million ≈ $7.65K |
+1.04% |
| 2014-04-30 | GBX62.20 Million ≈ $7.57K |
+5.34% |
| 2013-04-30 | GBX59.05 Million ≈ $7.18K |
+13.33% |
| 2012-04-30 | GBX52.10 Million ≈ $6.34K |
+7.97% |
| 2011-04-30 | GBX48.26 Million ≈ $5.87K |
+4.09% |
| 2010-04-30 | GBX46.36 Million ≈ $5.64K |
+4.74% |
| 2009-04-30 | GBX44.26 Million ≈ $5.39K |
+8.37% |
| 2008-04-30 | GBX40.84 Million ≈ $4.97K |
+98.47% |
| 2007-04-30 | GBX20.58 Million ≈ $2.50K |
+130.60% |
| 2006-04-30 | GBX8.92 Million ≈ $1.09K |
+306.19% |
| 2005-04-30 | GBX2.20 Million ≈ $267.31 |
+53.31% |
| 2004-04-30 | GBX1.43 Million ≈ $174.35 |
+59.58% |
| 2003-04-30 | GBX898.00K ≈ $109.26 |
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Equity Component Analysis
This analysis shows how different components contribute to Cohort'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 12020.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (April 2026)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | GBX108.72 Million | 58.32% |
| Common Stock | GBX4.70 Million | 2.52% |
| Other Comprehensive Income | GBX4.48 Million | 2.40% |
| Other Components | GBX68.52 Million | 36.76% |
| Total Equity | GBX186.42 Million | 100.00% |
Cohort Competitors by Market Cap
The table below lists competitors of Cohort ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
PT Sunter Lakeside Hotel Tbk
JK:SNLK
|
$6.59 Million |
|
BoMill AB
ST:BOMILL
|
$6.59 Million |
|
Capitol Nusantara Indonesia
JK:CANI
|
$6.59 Million |
|
Teuza A Fairchild Technology Venture Ltd
TA:TUZA
|
$6.60 Million |
|
Openlearning Ltd
AU:OLL
|
$6.59 Million |
|
Green Technology Metals Ltd
AU:GT1
|
$6.59 Million |
|
Seoul Food Ind Co Ltd
KO:004415
|
$6.58 Million |
|
Trxade Group Inc
NASDAQ:MEDS
|
$6.58 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Cohort's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2025 to 2026, total equity changed from 158,606,000 to 186,417,000, a change of 27,811,000 (17.5%).
- Net income of 23,903,000 contributed positively to equity growth.
- Dividend payments of 7,703,000 reduced retained earnings.
- New share issuances of 2,920,000 increased equity.
- Other comprehensive income decreased equity by 187,000.
- Other factors increased equity by 8,878,000.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | GBX23.90 Million | +12.82% |
| Dividends Paid | GBX7.70 Million | -4.13% |
| Share Issuances | GBX2.92 Million | +1.57% |
| Other Comprehensive Income | GBX-187.00K | -0.1% |
| Other Changes | GBX8.88 Million | +4.76% |
| Total Change | GBX- | 17.53% |
Book Value vs Market Value Analysis
This analysis compares Cohort'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: 294.50x
- 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 29022.35x to 294.50x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2003-04-30 | GBX0.04 | GBX1178.00 | x |
| 2004-04-30 | GBX0.06 | GBX1178.00 | x |
| 2005-04-30 | GBX0.14 | GBX1178.00 | x |
| 2006-04-30 | GBX0.53 | GBX1178.00 | x |
| 2007-04-30 | GBX0.74 | GBX1178.00 | x |
| 2008-04-30 | GBX1.15 | GBX1178.00 | x |
| 2009-04-30 | GBX1.08 | GBX1178.00 | x |
| 2010-04-30 | GBX1.14 | GBX1178.00 | x |
| 2011-04-30 | GBX1.19 | GBX1178.00 | x |
| 2012-04-30 | GBX1.29 | GBX1178.00 | x |
| 2013-04-30 | GBX1.45 | GBX1178.00 | x |
| 2014-04-30 | GBX1.52 | GBX1178.00 | x |
| 2015-04-30 | GBX1.33 | GBX1178.00 | x |
| 2016-04-30 | GBX1.57 | GBX1178.00 | x |
| 2017-04-30 | GBX1.71 | GBX1178.00 | x |
| 2018-04-30 | GBX1.78 | GBX1178.00 | x |
| 2019-04-30 | GBX1.73 | GBX1178.00 | x |
| 2020-04-30 | GBX1.84 | GBX1178.00 | x |
| 2021-04-30 | GBX1.92 | GBX1178.00 | x |
| 2022-04-30 | GBX2.05 | GBX1178.00 | x |
| 2023-04-30 | GBX2.38 | GBX1178.00 | x |
| 2024-04-30 | GBX2.68 | GBX1178.00 | x |
| 2025-04-30 | GBX3.65 | GBX1178.00 | x |
| 2026-04-30 | GBX4.00 | GBX1178.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Cohort 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): 12.82%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.80%
- • Asset Turnover: 0.73x
- • Equity Multiplier: 2.26x
- Recent ROE (12.82%) is below the historical average (14.60%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2003 | 32.74% | 3.82% | 2.45x | 3.50x | GBX204.20K |
| 2004 | 55.97% | 7.17% | 2.61x | 2.99x | GBX658.70K |
| 2005 | 50.25% | 7.65% | 2.62x | 2.51x | GBX884.30K |
| 2006 | 10.30% | 5.16% | 1.49x | 1.34x | GBX26.60K |
| 2007 | 11.03% | 6.59% | 1.28x | 1.31x | GBX211.10K |
| 2008 | 10.97% | 7.85% | 0.88x | 1.60x | GBX395.70K |
| 2009 | 8.49% | 4.90% | 1.13x | 1.53x | GBX-667.20K |
| 2010 | 4.94% | 2.93% | 1.11x | 1.52x | GBX-2.35 Million |
| 2011 | 5.72% | 4.24% | 0.89x | 1.51x | GBX-2.06 Million |
| 2012 | 8.77% | 6.06% | 1.01x | 1.43x | GBX-643.00K |
| 2013 | 14.13% | 11.77% | 0.95x | 1.27x | GBX2.44 Million |
| 2014 | 9.49% | 8.25% | 0.92x | 1.25x | GBX-319.80K |
| 2015 | 10.30% | 5.63% | 0.94x | 1.95x | GBX165.40K |
| 2016 | 11.97% | 6.91% | 0.99x | 1.75x | GBX1.28 Million |
| 2017 | 5.26% | 3.26% | 0.96x | 1.67x | GBX-3.31 Million |
| 2018 | 11.06% | 7.23% | 0.97x | 1.58x | GBX778.10K |
| 2019 | 7.71% | 4.49% | 0.82x | 2.10x | GBX-1.62 Million |
| 2020 | 12.65% | 7.29% | 0.85x | 2.04x | GBX2.00 Million |
| 2021 | 6.89% | 3.81% | 0.75x | 2.41x | GBX-2.47 Million |
| 2022 | 10.96% | 6.68% | 0.68x | 2.42x | GBX805.00K |
| 2023 | 11.70% | 6.22% | 0.82x | 2.29x | GBX1.65 Million |
| 2024 | 14.09% | 7.56% | 0.80x | 2.32x | GBX4.45 Million |
| 2025 | 12.14% | 7.13% | 0.68x | 2.50x | GBX3.39 Million |
| 2026 | 12.82% | 7.80% | 0.73x | 2.26x | GBX5.26 Million |
Industry Comparison
This section compares Cohort's net assets metrics with peer companies in the Aerospace & Defense industry.
Industry Context
- Industry: Aerospace & Defense
- Average net assets among peers: $991,215,014
- Average return on equity (ROE) among peers: 2.26%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Cohort (CHRT) | GBX188.24 Million | 32.74% | 1.24x | $6.59 Million |
| Avon Protection PLC (AVON) | $3.62 Million | -8.08% | 22.54x | $6.36 Million |
| BAE Systems plc (BA) | $4.13 Billion | 39.57% | 3.39x | $723.47 Million |
| Chemring Group PLC (CHG) | $94.10 Million | 14.67% | 1.64x | $17.39 Million |
| Qinetiq Group PLC (QQ) | $533.00 Million | 8.89% | 1.78x | $31.09 Million |
| Rolls-Royce Holdings PLC (RR) | $2.04 Billion | 3.87% | 2.36x | $1.46 Billion |
| Senior PLC (SNR) | $127.10 Million | 11.96% | 1.88x | $14.94 Million |
| Velocity Composites plc (VEL) | $5.68 Million | -55.09% | 0.88x | $123.06K |
About Cohort
Cohort plc provides various products and services in defense, security, and related markets in the United Kingdom, Germany, Portugal, Australia, North and South America, Asia Pacific, Africa, and other European countries. It operates through Communications and Intelligence; and Sensors and Effectors segments. The company offers chess dynamic, a surveillance and fire control which provides bespoke… Read more