Drax Group PLC (DRX) - Net Assets

Latest as of June 2025: GBX1.99 Billion GBX ≈ $242.60K USD

Based on the latest financial reports, Drax Group PLC (DRX) has net assets worth GBX1.99 Billion GBX (≈ $242.60K USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX5.27 Billion ≈ $641.07K USD) and total liabilities (GBX3.27 Billion ≈ $398.47K 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 DRX asset resilience ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric Value
Current Net Assets GBX1.99 Billion
% of Total Assets 37.84%
Annual Growth Rate N/A
5-Year Change 55.82%
10-Year Change 30.25%
Growth Volatility 53.04

Drax Group PLC - Net Assets Trend (2002–2024)

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

Annual Net Assets for Drax Group PLC (2002–2024)

The table below shows the annual net assets of Drax Group PLC from 2002 to 2024. For live valuation and market cap data, see DRX company net worth.

Year Net Assets Change
2024-12-31 GBX2.09 Billion
≈ $253.94K		 +5.25%
2023-12-31 GBX1.98 Billion
≈ $241.27K		 +49.75%
2022-12-31 GBX1.32 Billion
≈ $161.12K		 +1.33%
2021-12-31 GBX1.31 Billion
≈ $159.00K		 -2.43%
2020-12-31 GBX1.34 Billion
≈ $162.97K		 -21.93%
2019-12-31 GBX1.72 Billion
≈ $208.74K		 -3.13%
2018-12-31 GBX1.77 Billion
≈ $215.48K		 +2.96%
2017-12-31 GBX1.72 Billion
≈ $209.29K		 -15.90%
2016-12-31 GBX2.05 Billion
≈ $248.84K		 +27.63%
2015-12-31 GBX1.60 Billion
≈ $194.97K		 +1.89%
2014-12-31 GBX1.57 Billion
≈ $191.34K		 +11.54%
2013-12-31 GBX1.41 Billion
≈ $171.54K		 -4.56%
2012-12-31 GBX1.48 Billion
≈ $179.74K		 +13.34%
2011-12-31 GBX1.30 Billion
≈ $158.59K		 +36.05%
2010-12-31 GBX958.00 Million
≈ $116.56K		 -6.51%
2009-12-31 GBX1.02 Billion
≈ $124.68K		 +47.80%
2008-12-31 GBX693.30 Million
≈ $84.35K		 +92.05%
2007-12-31 GBX361.00 Million
≈ $43.92K		 -46.68%
2006-12-31 GBX677.10 Million
≈ $82.38K		 +207.49%
2005-12-31 GBX220.20 Million
≈ $26.79K		 +150.73%
2004-12-31 GBX-434.10 Million
≈ $-52.82K		 -2.43%
2003-12-31 GBX-423.80 Million
≈ $-51.56K		 -88.27%
2002-12-31 GBX-225.10 Million
≈ $-27.39K		 --

Equity Component Analysis

This analysis shows how different components contribute to Drax 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 202960000000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings GBX1.12 Billion 53.82%
Common Stock GBX49.40 Million 2.38%
Other Comprehensive Income GBX780.20 Million 37.56%
Other Components GBX129.60 Million 6.24%
Total Equity GBX2.08 Billion 100.00%

Drax Group PLC Competitors by Market Cap

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

Company Market Cap
Hidropar Hareket Kontrol Teknolojileri Merkezi Sanayi ve Ticaret A.S.
IS:HKTM
 $36.83 Million
Xiabuxiabu Catering Management (China) Holdings Co. Ltd
F:0XI
 $36.86 Million
Xilio Development Inc
NASDAQ:XLO
 $36.86 Million
Planet Image International Limited Class A Ordinary Shares
NASDAQ:YIBO
 $36.87 Million
Medicenna Therapeutics Corp
TO:MDNA
 $36.81 Million
Environmental Clean Technologies Ltd
AU:ECT
 $36.80 Million
Harn Engineering Solutions Public Company Limited
BK:HARN
 $36.80 Million
Advance Zinctek Ltd
AU:ANO
 $36.79 Million

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 1,971,000,000 to 2,077,300,000, a change of 106,300,000 (5.4%).
  • Net income of 526,600,000 contributed positively to equity growth.
  • Dividend payments of 93,500,000 reduced retained earnings.
  • Share repurchases of 115,400,000 reduced equity.
  • New share issuances of 2,700,000 increased equity.
  • Other comprehensive income decreased equity by 233,700,000.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income GBX526.60 Million +25.35%
Dividends Paid GBX93.50 Million -4.5%
Share Repurchases GBX115.40 Million -5.56%
Share Issuances GBX2.70 Million +0.13%
Other Comprehensive Income GBX-233.70 Million -11.25%
Other Changes GBX19.60 Million +0.94%
Total Change GBX- 5.39%

Book Value vs Market Value Analysis

This analysis compares Drax 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: 168.09x
  • The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2002-12-31 GBX-0.64 GBX893.80 x
2003-12-31 GBX-1.20 GBX893.80 x
2004-12-31 GBX1.14 GBX893.80 x
2005-12-31 GBX0.62 GBX893.80 x
2006-12-31 GBX1.77 GBX893.80 x
2007-12-31 GBX1.02 GBX893.80 x
2008-12-31 GBX2.04 GBX893.80 x
2009-12-31 GBX2.91 GBX893.80 x
2010-12-31 GBX2.62 GBX893.80 x
2011-12-31 GBX3.55 GBX893.80 x
2012-12-31 GBX3.94 GBX893.80 x
2013-12-31 GBX3.46 GBX893.80 x
2014-12-31 GBX3.86 GBX893.80 x
2015-12-31 GBX3.93 GBX893.80 x
2016-12-31 GBX5.00 GBX893.80 x
2017-12-31 GBX4.19 GBX893.80 x
2018-12-31 GBX4.35 GBX893.80 x
2019-12-31 GBX4.32 GBX893.80 x
2020-12-31 GBX3.38 GBX893.80 x
2021-12-31 GBX3.12 GBX893.80 x
2022-12-31 GBX3.16 GBX893.80 x
2023-12-31 GBX4.89 GBX893.80 x
2024-12-31 GBX5.32 GBX893.80 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Drax 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): 25.35%
  • The company demonstrates strong efficiency in generating profits from shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 8.55%
  • • Asset Turnover: 1.14x
  • • Equity Multiplier: 2.59x
  • Recent ROE (25.35%) is above the historical average (21.11%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2002 0.00% -122.36% 0.40x 0.00x GBX-632.09 Million
2003 0.00% -50.62% 0.40x 0.00x GBX-206.72 Million
2004 -1.53% -1.04% 0.51x 2.89x GBX-49.01 Million
2005 128.25% 30.41% 0.65x 6.44x GBX260.38 Million
2006 68.45% 33.42% 0.77x 2.65x GBX395.79 Million
2007 97.78% 28.30% 0.89x 3.86x GBX316.90 Million
2008 48.02% 18.99% 0.83x 3.04x GBX263.57 Million
2009 10.82% 7.51% 0.68x 2.11x GBX8.43 Million
2010 19.67% 11.43% 0.81x 2.14x GBX92.60 Million
2011 35.65% 25.31% 0.91x 1.54x GBX334.26 Million
2012 11.09% 9.20% 0.79x 1.53x GBX16.07 Million
2013 3.65% 2.49% 0.82x 1.79x GBX-89.59 Million
2014 8.18% 4.59% 0.94x 1.89x GBX-28.56 Million
2015 3.51% 1.84% 0.95x 2.02x GBX-103.94 Million
2016 9.48% 6.57% 0.80x 1.79x GBX-10.62 Million
2017 -8.78% -4.10% 1.05x 2.04x GBX-323.11 Million
2018 1.14% 0.48% 0.93x 2.56x GBX-156.90 Million
2019 0.03% 0.01% 1.01x 2.73x GBX-171.06 Million
2020 -14.53% -4.58% 1.01x 3.13x GBX-328.54 Million
2021 4.29% 1.08% 0.87x 4.53x GBX-73.43 Million
2022 6.49% 1.09% 1.22x 4.88x GBX-45.98 Million
2023 28.52% 6.92% 1.35x 3.06x GBX365.10 Million
2024 25.35% 8.55% 1.14x 2.59x GBX318.87 Million

Industry Comparison

This section compares Drax Group PLC's net assets metrics with peer companies in the Utilities - Renewable industry.

Industry Context

  • Industry: Utilities - Renewable
  • Average net assets among peers: $734,299,000
  • Average return on equity (ROE) among peers: -1.26%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Drax Group PLC (DRX) GBX1.99 Billion 0.00% 1.64x $36.82 Million
Downing Renewables & Infrastructure Trust PLC (DORE) $199.93 Million 2.49% 0.00x $2.11 Million
Atlantis Resources Ltd (SAE) $60.23 Million -18.00% 0.83x $241.85K
Renewables Infrastructure Grp (TRIG) $834.27 Million 8.14% 0.00x $20.47 Million
Greencoat UK Wind PLC (UKW) $1.84 Billion 2.35% 0.33x $26.31 Million

About Drax Group PLC

LSE:DRX UK Utilities - Renewable
Market Cap
$36.82 Million
GBX302.62 Billion GBX
Market Cap Rank
#22993 Global
#183 in UK
Share Price
GBX893.80
Change (1 day)
+1.15%
52-Week Range
GBX608.50 - GBX918.00
All Time High
GBX918.00
Categories
Companies in UK Utilities - Renewable
About

Drax Group plc, together with its subsidiaries, engages in renewable power generation in the United Kingdom. It operates through Pellet Production, Biomass Generation, Flexible Generation, and Energy Solutions segments. The company provides renewable, dispatchable power, and system support services. It is also involved in production and sale of biomass pellets; generation and sale of electricity … Read more