Ecclesiastical Insurance Office plc
Ecclesiastical Insurance Office plc provides non-life insurance and reinsurance to individuals and corporate customers in the United Kingdom, Ireland, Australia, and Canada. The company offers property, liability, and miscellaneous financial loss insurance; and life insurance. It serves its products through insurance brokers. The company was incorporated in 1887 and is based in Gloucester, United… Read more
Ecclesiastical Insurance Office plc (ELLA) - Net Assets
Latest net assets as of June 2024: GBX11.00 Billion GBX
Based on the latest financial reports, Ecclesiastical Insurance Office plc (ELLA) has net assets worth GBX11.00 Billion GBX as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX11.63 Billion) and total liabilities (GBX624.10 Million). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | GBX11.00 Billion |
| % of Total Assets | 94.63% |
| Annual Growth Rate | 4.44% |
| 5-Year Change | 57.4% |
| 10-Year Change | 35.79% |
| Growth Volatility | 418.73 |
Ecclesiastical Insurance Office plc - Net Assets Trend (2008–2024)
This chart illustrates how Ecclesiastical Insurance Office plc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Ecclesiastical Insurance Office plc (2008–2024)
The table below shows the annual net assets of Ecclesiastical Insurance Office plc from 2008 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | GBX685.62 Million | +29.96% |
| 2023-12-31 | GBX527.57 Million | +106.80% |
| 2022-12-31 | GBX-7.76 Billion | -1672.71% |
| 2021-12-31 | GBX493.11 Million | +13.20% |
| 2020-12-31 | GBX435.59 Million | -10.15% |
| 2019-12-31 | GBX484.79 Million | -19.88% |
| 2018-12-31 | GBX605.06 Million | -1.02% |
| 2017-12-31 | GBX611.27 Million | +14.00% |
| 2016-12-31 | GBX536.22 Million | +6.20% |
| 2015-12-31 | GBX504.93 Million | +2.08% |
| 2014-12-31 | GBX494.63 Million | +0.10% |
| 2013-12-31 | GBX494.14 Million | +8.45% |
| 2012-12-31 | GBX455.66 Million | +4.49% |
| 2011-12-31 | GBX436.08 Million | -4.56% |
| 2010-12-31 | GBX456.91 Million | +16.31% |
| 2009-12-31 | GBX392.82 Million | +14.76% |
| 2008-12-31 | GBX342.31 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Ecclesiastical Insurance Office 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 107.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | GBX534.74 Million | 93.40% |
| Common Stock | GBX20.00 Million | 3.49% |
| Other Comprehensive Income | GBX17.80 Million | 3.11% |
| Total Equity | GBX572.55 Million | 100.00% |
Ecclesiastical Insurance Office plc Competitors by Market Cap
The table below lists competitors of Ecclesiastical Insurance Office plc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Dental Patient Care America Inc
PINK:DPAT
|
$168.71 |
|
Dewan Sugar Mills Ltd
KAR:DWSM
|
$168.79 |
|
UMEME LIMITED
USE:UMEM
|
$168.83 |
|
Media Times Ltd
KAR:MDTL
|
$168.85 |
|
ThermaFreeze Products Corporation
PINK:TZPC
|
$168.43 |
|
Houston Natural Resources Corp
PINK:HNRC
|
$168.43 |
|
HENGDELI HLDGS (XYUA.SG)
STU:XYUA
|
$167.80 |
|
SSLJ.com Ltd
OTCMKTS:YGTYF
|
$167.23 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ecclesiastical Insurance Office plc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 436,184,194 to 572,546,000, a change of 136,361,806 (31.3%).
- Net income of 47,135,000 contributed positively to equity growth.
- Other comprehensive income increased equity by 1,536,339.
- Other factors increased equity by 87,690,467.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | GBX47.13 Million | +8.23% |
| Other Comprehensive Income | GBX1.54 Million | +0.27% |
| Other Changes | GBX87.69 Million | +15.32% |
| Total Change | GBX- | 31.26% |
Book Value vs Market Value Analysis
This analysis compares Ecclesiastical Insurance Office 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: 9.13x
- 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 increased from 1.50x to 9.13x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2008-12-31 | GBX97.61 | GBX146.00 | x |
| 2009-12-31 | GBX112.02 | GBX146.00 | x |
| 2010-12-31 | GBX130.29 | GBX146.00 | x |
| 2011-12-31 | GBX124.35 | GBX146.00 | x |
| 2012-12-31 | GBX129.94 | GBX146.00 | x |
| 2013-12-31 | GBX140.91 | GBX146.00 | x |
| 2014-12-31 | GBX22.43 | GBX146.00 | x |
| 2016-12-31 | GBX19.56 | GBX146.00 | x |
| 2017-12-31 | GBX23.01 | GBX146.00 | x |
| 2018-12-31 | GBX22.76 | GBX146.00 | x |
| 2019-12-31 | GBX9.96 | GBX146.00 | x |
| 2020-12-31 | GBX9.47 | GBX146.00 | x |
| 2021-12-31 | GBX11.47 | GBX146.00 | x |
| 2022-12-31 | GBX12.14 | GBX146.00 | x |
| 2023-12-31 | GBX12.08 | GBX146.00 | x |
| 2024-12-31 | GBX15.99 | GBX146.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ecclesiastical Insurance Office 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): 8.23%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.11%
- • Asset Turnover: 0.34x
- • Equity Multiplier: 3.94x
- Recent ROE (8.23%) is above the historical average (5.85%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | -4.50% | -6.22% | 0.16x | 4.47x | GBX-49.62 Million |
| 2009 | 14.30% | 12.56% | 0.26x | 4.31x | GBX16.91 Million |
| 2010 | 7.54% | 7.83% | 0.28x | 3.41x | GBX-11.25 Million |
| 2011 | -0.74% | -0.81% | 0.22x | 4.16x | GBX-46.84 Million |
| 2012 | 6.06% | 6.43% | 0.29x | 3.20x | GBX-17.95 Million |
| 2013 | 12.57% | 14.51% | 0.29x | 2.95x | GBX12.70 Million |
| 2014 | 8.15% | 12.10% | 0.23x | 2.90x | GBX-9.15 Million |
| 2016 | 10.07% | 14.06% | 0.23x | 3.09x | GBX306.70K |
| 2017 | 12.02% | 18.49% | 0.24x | 2.73x | GBX10.26 Million |
| 2018 | 1.26% | 1.86% | 0.25x | 2.68x | GBX-43.89 Million |
| 2019 | 9.46% | 13.71% | 0.25x | 2.73x | GBX-2.18 Million |
| 2020 | -6.56% | -6.31% | 0.31x | 3.37x | GBX-59.75 Million |
| 2021 | 13.51% | 13.59% | 0.31x | 3.22x | GBX14.66 Million |
| 2022 | -1.88% | -1.22% | 0.39x | 4.00x | GBX-52.09 Million |
| 2023 | 4.06% | 2.55% | 0.40x | 4.03x | GBX-25.91 Million |
| 2024 | 8.23% | 6.11% | 0.34x | 3.94x | GBX-10.12 Million |
Industry Comparison
This section compares Ecclesiastical Insurance Office plc's net assets metrics with peer companies in the Insurance - Life industry.
Industry Context
- Industry: Insurance - Life
- Average net assets among peers: $131,098,667
- Average return on equity (ROE) among peers: 19.58%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Ecclesiastical Insurance Office plc (ELLA) | GBX11.00 Billion | -4.50% | 0.06x | $168.46 |
| Chesnara (CSN) | $218.35 Million | 12.80% | 20.30x | $85.41K |
| Hansard Global Plc (HSD) | $31.70 Million | 24.29% | 38.16x | $8.09K |
| Standard Life PLC (SDLF) | $143.25 Million | 21.64% | 0.03x | $866.93K |