Cairn Homes PLC (CRN) - Net Assets
Based on the latest financial reports, Cairn Homes PLC (CRN) has net assets worth GBX763.57 Million GBX (≈ $92.90K USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX1.29 Billion ≈ $156.48K USD) and total liabilities (GBX522.49 Million ≈ $63.57K 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 financial resilience of Cairn Homes PLC to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | GBX763.57 Million |
| % of Total Assets | 59.37% |
| Annual Growth Rate | 4.78% |
| 5-Year Change | 1.02% |
| 10-Year Change | N/A |
| Growth Volatility | 10.52 |
Cairn Homes PLC - Net Assets Trend (2015–2024)
This chart illustrates how Cairn Homes PLC's net assets have evolved over time, based on quarterly financial data. Also explore how large is Cairn Homes PLC's balance sheet for the complete picture of this company's asset base.
Annual Net Assets for Cairn Homes PLC (2015–2024)
The table below shows the annual net assets of Cairn Homes PLC from 2015 to 2024. For live valuation and market cap data, see Cairn Homes PLC (CRN) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | GBX758.21 Million ≈ $92.25K |
+0.14% |
| 2023-12-31 | GBX757.16 Million ≈ $92.12K |
+0.71% |
| 2022-12-31 | GBX751.82 Million ≈ $91.47K |
-3.46% |
| 2021-12-31 | GBX778.78 Million ≈ $94.75K |
+3.76% |
| 2020-12-31 | GBX750.57 Million ≈ $91.32K |
-1.72% |
| 2019-12-31 | GBX763.74 Million ≈ $92.92K |
+0.95% |
| 2018-12-31 | GBX756.56 Million ≈ $92.05K |
+4.83% |
| 2017-12-31 | GBX721.72 Million ≈ $87.81K |
+8.63% |
| 2016-12-31 | GBX664.37 Million ≈ $80.83K |
+33.41% |
| 2015-12-31 | GBX497.99 Million ≈ $60.59K |
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Equity Component Analysis
This analysis shows how different components contribute to Cairn Homes 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 60200200000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | GBX548.85 Million | 72.39% |
| Common Stock | GBX621.00K | 0.08% |
| Other Comprehensive Income | GBX15.05 Million | 1.98% |
| Other Components | GBX193.69 Million | 25.55% |
| Total Equity | GBX758.21 Million | 100.00% |
Cairn Homes PLC Competitors by Market Cap
The table below lists competitors of Cairn Homes PLC ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Victoria Insurance Tbk PT
JK:VINS
|
$14.29 Million |
|
SAN-EL Muhendislik Elektrik Taahhut Sanayi ve Ticaret AS
IS:SANEL
|
$14.29 Million |
|
VisDynamics Holdings Bhd
KLSE:0120
|
$14.29 Million |
|
Clal Biotechnology Industries Ltd
TA:CBI
|
$14.30 Million |
|
Talex S.A.
WAR:TLX
|
$14.28 Million |
|
Ralco Corporation Bhd
KLSE:7498
|
$14.28 Million |
|
Spolytech Co. Ltd
KQ:050760
|
$14.28 Million |
|
Klassik Radio AG
XETRA:KA8
|
$14.28 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Cairn Homes PLC's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 757,162,000 to 758,208,000, a change of 1,046,000 (0.1%).
- Net income of 114,544,944 contributed positively to equity growth.
- Dividend payments of 44,720,000 reduced retained earnings.
- Share repurchases of 75,597,000 reduced equity.
- New share issuances of 180,000 increased equity.
- Other comprehensive income increased equity by 841,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | GBX114.54 Million | +15.11% |
| Dividends Paid | GBX44.72 Million | -5.9% |
| Share Repurchases | GBX75.60 Million | -9.97% |
| Share Issuances | GBX180.00K | +0.02% |
| Other Comprehensive Income | GBX841.00K | +0.11% |
| Other Changes | GBX5.80 Million | +0.76% |
| Total Change | GBX- | 0.14% |
Book Value vs Market Value Analysis
This analysis compares Cairn Homes 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: 160.87x
- 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 240.43x to 160.87x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2015-12-31 | GBX0.79 | GBX189.20 | x |
| 2016-12-31 | GBX1.05 | GBX189.20 | x |
| 2017-12-31 | GBX0.95 | GBX189.20 | x |
| 2018-12-31 | GBX0.97 | GBX189.20 | x |
| 2019-12-31 | GBX0.97 | GBX189.20 | x |
| 2020-12-31 | GBX1.00 | GBX189.20 | x |
| 2021-12-31 | GBX1.04 | GBX189.20 | x |
| 2022-12-31 | GBX1.06 | GBX189.20 | x |
| 2023-12-31 | GBX1.12 | GBX189.20 | x |
| 2024-12-31 | GBX1.18 | GBX189.20 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Cairn Homes 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): 15.11%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 13.32%
- • Asset Turnover: 0.81x
- • Equity Multiplier: 1.40x
- Recent ROE (15.11%) is above the historical average (4.78%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | -7.47% | -1001.02% | 0.01x | 1.15x | GBX-86.99 Million |
| 2016 | -0.31% | -5.04% | 0.05x | 1.26x | GBX-68.50 Million |
| 2017 | 0.62% | 2.98% | 0.15x | 1.40x | GBX-67.52 Million |
| 2018 | 4.07% | 9.13% | 0.33x | 1.34x | GBX-44.57 Million |
| 2019 | 6.45% | 11.77% | 0.43x | 1.27x | GBX-27.01 Million |
| 2020 | 1.68% | 4.85% | 0.26x | 1.36x | GBX-62.41 Million |
| 2021 | 5.55% | 10.20% | 0.42x | 1.30x | GBX-34.63 Million |
| 2022 | 10.88% | 13.13% | 0.61x | 1.36x | GBX6.64 Million |
| 2023 | 11.24% | 12.81% | 0.64x | 1.37x | GBX9.36 Million |
| 2024 | 15.11% | 13.32% | 0.81x | 1.40x | GBX38.72 Million |
Industry Comparison
This section compares Cairn Homes PLC's net assets metrics with peer companies in the Residential Construction industry.
Industry Context
- Industry: Residential Construction
- Average net assets among peers: $996,338,222
- Average return on equity (ROE) among peers: 12.68%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Cairn Homes PLC (CRN) | GBX763.57 Million | -7.47% | 0.68x | $14.29 Million |
| The Berkeley Group Holdings plc (BKG) | $10.11 Million | 22.52% | 1.69x | $37.23 Million |
| Barratt Redrow plc (BTRW) | $2.87 Billion | 3.01% | 1.11x | $43.40 Million |
| Bellway PLC (BWY) | $41.01 Million | 21.63% | 1.09x | $27.31 Million |
| Crest Nicholson Holdings plc (CRST) | $718.10 Million | 0.31% | 0.98x | $2.12 Million |
| MJ Gleeson plc (GLE) | $272.18 Million | 12.89% | 0.35x | $1.76 Million |
| Persimmon PLC (PSN) | $3.26 Billion | 26.05% | 0.38x | $41.22 Million |
| Springfield Properties Plc (SPR) | $95.86 Million | 7.98% | 1.07x | $1.43 Million |
| Taylor Wimpey PLC (TW) | $431.73 Million | 8.86% | 0.70x | $34.20 Million |
| Vistry Group PLC (VTY) | $1.27 Billion | 10.88% | 0.41x | $12.81 Million |
About Cairn Homes PLC
Cairn Homes plc operates as homebuilder in Ireland. The company builds, develops, and sells residential properties, including houses, duplexes, and apartments, as well as commercial and retail spaces. It also engages in property holding and rentals; and financial activities. Cairn Homes plc was incorporated in 2014 and is based in Dublin, Ireland.