Clarkson (CKN) - Net Assets
Based on the latest financial reports, Clarkson (CKN) has net assets worth GBX527.80 Million GBX (≈ $64.22K USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX978.50 Million ≈ $119.06K USD) and total liabilities (GBX450.70 Million ≈ $54.84K 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. Also explore Clarkson asset portfolio for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | GBX527.80 Million |
| % of Total Assets | 53.94% |
| Annual Growth Rate | 11.3% |
| 5-Year Change | 45.96% |
| 10-Year Change | 29.78% |
| Growth Volatility | 24.99 |
Clarkson - Net Assets Trend (1985–2025)
This chart illustrates how Clarkson's net assets have evolved over time, based on quarterly financial data. Check Clarkson tangible equity quality to evaluate the tangible quality of the company's equity base.
Annual Net Assets for Clarkson (1985–2025)
The table below shows the annual net assets of Clarkson from 1985 to 2025. For live valuation and market cap data, see CKN stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | GBX527.80 Million ≈ $64.22K |
+6.48% |
| 2024-12-31 | GBX495.70 Million ≈ $60.31K |
+8.56% |
| 2023-12-31 | GBX456.60 Million ≈ $55.56K |
+10.50% |
| 2022-12-31 | GBX413.20 Million ≈ $50.27K |
+14.27% |
| 2021-12-31 | GBX361.60 Million ≈ $44.00K |
+10.11% |
| 2020-12-31 | GBX328.40 Million ≈ $39.96K |
-13.72% |
| 2019-12-31 | GBX380.60 Million ≈ $46.31K |
-12.43% |
| 2018-12-31 | GBX434.60 Million ≈ $52.88K |
+2.65% |
| 2017-12-31 | GBX423.40 Million ≈ $51.52K |
+4.11% |
| 2016-12-31 | GBX406.70 Million ≈ $49.48K |
+19.30% |
| 2015-12-31 | GBX340.90 Million ≈ $41.48K |
+103.77% |
| 2014-12-31 | GBX167.30 Million ≈ $20.36K |
+21.50% |
| 2013-12-31 | GBX137.70 Million ≈ $16.75K |
+9.29% |
| 2012-12-31 | GBX126.00 Million ≈ $15.33K |
+2.19% |
| 2011-12-31 | GBX123.30 Million ≈ $15.00K |
+5.93% |
| 2010-12-31 | GBX116.40 Million ≈ $14.16K |
+20.25% |
| 2009-12-31 | GBX96.80 Million ≈ $11.78K |
-5.47% |
| 2008-12-31 | GBX102.40 Million ≈ $12.46K |
+21.90% |
| 2007-12-31 | GBX84.00 Million ≈ $10.22K |
+28.44% |
| 2006-12-31 | GBX65.40 Million ≈ $7.96K |
+36.82% |
| 2005-12-31 | GBX47.80 Million ≈ $5.82K |
+70.11% |
| 2004-12-31 | GBX28.10 Million ≈ $3.42K |
+28.90% |
| 2003-12-31 | GBX21.80 Million ≈ $2.65K |
+24.57% |
| 2002-12-31 | GBX17.50 Million ≈ $2.13K |
+14.46% |
| 2001-12-31 | GBX15.29 Million ≈ $1.86K |
+36.73% |
| 2000-12-31 | GBX11.18 Million ≈ $1.36K |
+25.64% |
| 1999-12-31 | GBX8.90 Million ≈ $1.08K |
+1.63% |
| 1998-12-31 | GBX8.76 Million ≈ $1.07K |
-47.59% |
| 1997-12-31 | GBX16.71 Million ≈ $2.03K |
-6.66% |
| 1996-12-31 | GBX17.90 Million ≈ $2.18K |
+3.92% |
| 1995-12-31 | GBX17.23 Million ≈ $2.10K |
+19.35% |
| 1994-12-31 | GBX14.43 Million ≈ $1.76K |
+6.53% |
| 1993-12-31 | GBX13.55 Million ≈ $1.65K |
+2.06% |
| 1992-12-31 | GBX13.28 Million ≈ $1.62K |
+8.26% |
| 1991-12-31 | GBX12.26 Million ≈ $1.49K |
-0.75% |
| 1990-12-31 | GBX12.36 Million ≈ $1.50K |
-9.01% |
| 1989-12-31 | GBX13.58 Million ≈ $1.65K |
+59.81% |
| 1988-12-31 | GBX8.50 Million ≈ $1.03K |
+3.70% |
| 1987-12-31 | GBX8.19 Million ≈ $996.97 |
-19.36% |
| 1986-12-31 | GBX10.16 Million ≈ $1.24K |
+39.63% |
| 1985-12-31 | GBX7.28 Million ≈ $885.40 |
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Equity Component Analysis
This analysis shows how different components contribute to Clarkson'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 15303.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | GBX425.60 Million | 81.05% |
| Common Stock | GBX7.70 Million | 1.47% |
| Other Comprehensive Income | GBX1.30 Million | 0.25% |
| Other Components | GBX90.50 Million | 17.23% |
| Total Equity | GBX525.10 Million | 100.00% |
Clarkson Competitors by Market Cap
The table below lists competitors of Clarkson ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Verimatrix
PA:VMX
|
$18.67 Million |
|
Cosmos Technology International Berhad
KLSE:0261
|
$18.68 Million |
|
M2N Co.Ltd
KQ:033310
|
$18.68 Million |
|
Great Southern Mining Ltd
AU:GSN
|
$18.68 Million |
|
Orgabio Holdings Bhd
KLSE:0252
|
$18.67 Million |
|
Shin Poong Pap
KO:002870
|
$18.66 Million |
|
Clime Investment Management Ltd
AU:CIW
|
$18.66 Million |
|
Aurania Resources Ltd
V:ARU
|
$18.66 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Clarkson's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 492,000,000 to 525,100,000, a change of 33,100,000 (6.7%).
- Net income of 65,700,000 contributed positively to equity growth.
- Dividend payments of 33,000,000 reduced retained earnings.
- Share repurchases of 33,400,000 reduced equity.
- Other comprehensive income decreased equity by 48,100,001.
- Other factors increased equity by 112,300,001.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | GBX65.70 Million | +12.51% |
| Dividends Paid | GBX33.00 Million | -6.28% |
| Share Repurchases | GBX33.40 Million | -6.36% |
| Other Comprehensive Income | GBX-48.10 Million | -9.16% |
| Other Changes | GBX112.30 Million | +21.39% |
| Total Change | GBX- | 6.73% |
Book Value vs Market Value Analysis
This analysis compares Clarkson'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: 293.99x
- 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 20960.55x to 293.99x 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 | GBX0.24 | GBX4996.00 | x |
| 1986-12-31 | GBX0.34 | GBX4996.00 | x |
| 1987-12-31 | GBX0.27 | GBX4996.00 | x |
| 1988-12-31 | GBX0.29 | GBX4996.00 | x |
| 1989-12-31 | GBX0.46 | GBX4996.00 | x |
| 1990-12-31 | GBX0.42 | GBX4996.00 | x |
| 1991-12-31 | GBX0.42 | GBX4996.00 | x |
| 1992-12-31 | GBX0.46 | GBX4996.00 | x |
| 1993-12-31 | GBX0.47 | GBX4996.00 | x |
| 1994-12-31 | GBX0.50 | GBX4996.00 | x |
| 1995-12-31 | GBX0.59 | GBX4996.00 | x |
| 1996-12-31 | GBX0.62 | GBX4996.00 | x |
| 1997-12-31 | GBX0.58 | GBX4996.00 | x |
| 1998-12-31 | GBX0.30 | GBX4996.00 | x |
| 1999-12-31 | GBX0.31 | GBX4996.00 | x |
| 2000-12-31 | GBX0.39 | GBX4996.00 | x |
| 2001-12-31 | GBX0.53 | GBX4996.00 | x |
| 2002-12-31 | GBX0.60 | GBX4996.00 | x |
| 2003-12-31 | GBX0.72 | GBX4996.00 | x |
| 2004-12-31 | GBX0.93 | GBX4996.00 | x |
| 2005-12-31 | GBX1.65 | GBX4996.00 | x |
| 2006-12-31 | GBX2.26 | GBX4996.00 | x |
| 2007-12-31 | GBX2.90 | GBX4996.00 | x |
| 2008-12-31 | GBX3.54 | GBX4996.00 | x |
| 2009-12-31 | GBX3.34 | GBX4996.00 | x |
| 2010-12-31 | GBX4.02 | GBX4996.00 | x |
| 2011-12-31 | GBX4.26 | GBX4996.00 | x |
| 2012-12-31 | GBX4.35 | GBX4996.00 | x |
| 2013-12-31 | GBX4.76 | GBX4996.00 | x |
| 2014-12-31 | GBX5.78 | GBX4996.00 | x |
| 2015-12-31 | GBX11.54 | GBX4996.00 | x |
| 2016-12-31 | GBX13.39 | GBX4996.00 | x |
| 2017-12-31 | GBX13.91 | GBX4996.00 | x |
| 2018-12-31 | GBX14.25 | GBX4996.00 | x |
| 2019-12-31 | GBX12.47 | GBX4996.00 | x |
| 2020-12-31 | GBX10.68 | GBX4996.00 | x |
| 2021-12-31 | GBX11.74 | GBX4996.00 | x |
| 2022-12-31 | GBX13.35 | GBX4996.00 | x |
| 2023-12-31 | GBX14.74 | GBX4996.00 | x |
| 2024-12-31 | GBX15.92 | GBX4996.00 | x |
| 2025-12-31 | GBX16.99 | GBX4996.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Clarkson 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): 12.51%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 10.41%
- • Asset Turnover: 0.65x
- • Equity Multiplier: 1.86x
- Recent ROE (12.51%) is below the historical average (16.44%), 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 | 17.01% | 5.40% | 0.77x | 4.08x | GBX483.90K |
| 1986 | 17.32% | 7.03% | 0.70x | 3.53x | GBX718.60K |
| 1987 | 25.63% | 7.81% | 0.81x | 4.07x | GBX1.24 Million |
| 1988 | 38.92% | 10.43% | 0.60x | 6.23x | GBX2.42 Million |
| 1989 | 39.31% | 13.83% | 0.74x | 3.86x | GBX3.93 Million |
| 1990 | 32.08% | 9.85% | 0.57x | 5.68x | GBX2.71 Million |
| 1991 | 24.38% | 7.10% | 0.56x | 6.11x | GBX1.76 Million |
| 1992 | -2.24% | -0.80% | 0.32x | 8.66x | GBX-1.62 Million |
| 1993 | 3.31% | 1.07% | 0.30x | 10.18x | GBX-903.80K |
| 1994 | 9.52% | 3.36% | 0.37x | 7.73x | GBX-69.30K |
| 1995 | -34.88% | -14.29% | 1.53x | 1.59x | GBX-7.71 Million |
| 1996 | 13.56% | 7.25% | 1.22x | 1.54x | GBX635.60K |
| 1997 | 11.53% | 5.83% | 1.28x | 1.55x | GBX256.10K |
| 1998 | 15.24% | 4.71% | 1.69x | 1.91x | GBX459.30K |
| 1999 | 6.56% | 2.17% | 1.45x | 2.10x | GBX-306.00K |
| 2000 | 31.91% | 9.80% | 1.46x | 2.22x | GBX2.45 Million |
| 2001 | 39.53% | 14.20% | 1.27x | 2.20x | GBX4.51 Million |
| 2002 | 16.00% | 7.84% | 0.98x | 2.09x | GBX1.05 Million |
| 2003 | 36.36% | 12.95% | 1.12x | 2.50x | GBX5.51 Million |
| 2004 | 50.93% | 16.63% | 1.05x | 2.91x | GBX11.01 Million |
| 2005 | 39.96% | 16.52% | 0.91x | 2.66x | GBX14.32 Million |
| 2006 | 22.63% | 12.69% | 0.59x | 3.01x | GBX8.26 Million |
| 2007 | 21.67% | 10.50% | 0.67x | 3.08x | GBX9.80 Million |
| 2008 | 7.62% | 3.12% | 0.77x | 3.19x | GBX-2.44 Million |
| 2009 | 17.46% | 9.56% | 0.71x | 2.57x | GBX7.22 Million |
| 2010 | 20.19% | 11.60% | 0.74x | 2.34x | GBX11.86 Million |
| 2011 | 20.36% | 12.90% | 0.83x | 1.90x | GBX12.77 Million |
| 2012 | 12.86% | 9.19% | 0.83x | 1.69x | GBX3.60 Million |
| 2013 | 11.11% | 7.73% | 0.84x | 1.70x | GBX1.53 Million |
| 2014 | 10.28% | 7.23% | 0.82x | 1.73x | GBX470.00K |
| 2015 | 5.83% | 6.53% | 0.55x | 1.62x | GBX-14.10 Million |
| 2016 | 8.85% | 11.66% | 0.51x | 1.49x | GBX-4.65 Million |
| 2017 | 7.48% | 9.69% | 0.55x | 1.39x | GBX-10.57 Million |
| 2018 | 6.92% | 8.83% | 0.56x | 1.39x | GBX-13.26 Million |
| 2019 | -2.89% | -3.00% | 0.59x | 1.64x | GBX-48.65 Million |
| 2020 | -8.92% | -8.07% | 0.63x | 1.77x | GBX-61.31 Million |
| 2021 | 14.04% | 11.30% | 0.65x | 1.91x | GBX14.41 Million |
| 2022 | 18.45% | 12.52% | 0.73x | 2.03x | GBX34.63 Million |
| 2023 | 18.52% | 13.11% | 0.73x | 1.93x | GBX38.54 Million |
| 2024 | 17.26% | 12.84% | 0.73x | 1.83x | GBX35.70 Million |
| 2025 | 12.51% | 10.41% | 0.65x | 1.86x | GBX13.19 Million |
Industry Comparison
This section compares Clarkson's net assets metrics with peer companies in the Marine Shipping industry.
Industry Context
- Industry: Marine Shipping
- Average net assets among peers: $202,841,427
- Average return on equity (ROE) among peers: 5.31%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Clarkson (CKN) | GBX527.80 Million | 17.01% | 0.85x | $18.67 Million |
| Braemar Plc (BMS) | $69.84 Million | 9.77% | 0.57x | $890.47K |
| James Fisher and Sons PLC (FSJ) | $16.36 Million | -62.76% | 2.99x | $2.92 Million |
| Mercantile Ports & Logistics Ltd (MPL) | $97.67 Million | -6.72% | 0.58x | $82.37K |
| Sutton Harbour Holdings plc (SUH) | $19.90 Million | 3.66% | 0.26x | $73.91K |
| Taylor Maritime Investments Ltd (TMI) | $575.25 Million | 43.95% | 0.00x | $7.16K |
| Taylor Maritime Investments Limited (TMIP) | $438.02 Million | 43.95% | 0.00x | $1.21 Million |
About Clarkson
Clarkson PLC provides shipping services in Europe, the Middle East, Africa, the Americas, and the Asia-Pacific. It operates through Broking, Financial, Support, and Research segments. The company's Broking segment offers services to shipowners and charterers in the transportation of various cargoes by sea; and to buyers and sellers/yards related to sale and purchase services, as well as futures b… Read more