FirstGroup PLC Net Assets
FirstGroup PLC net assets. Based on the latest financial reports, FirstGroup PLC (FGP) has net assets worth GBX719.50 Million GBX (≈ $87.54K USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX3.10 Billion ≈ $377.35K USD) and total liabilities (GBX2.38 Billion ≈ $289.81K 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. See FGP net asset quality score to measure how much of total assets are equity-financed.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | GBX719.50 Million |
| % of Total Assets | 23.2% |
| Annual Growth Rate | 9.61% |
| 5-Year Change | -18.71% |
| 10-Year Change | -65.34% |
| Growth Volatility | 103.62 |
Net Assets of FirstGroup PLC (1995–2026)
Net assets of FirstGroup PLC from 1995 to 2026. This chart illustrates how FirstGroup PLC's net assets have evolved over time, based on quarterly financial data. Also explore FirstGroup PLC net asset momentum to track the company's year-over-year net asset growth rate.
Annual Net Assets for FirstGroup PLC (1995–2026)
The table below shows the annual net assets of FirstGroup PLC from 1995 to 2026. For live market cap and overall valuation, see market value of FirstGroup PLC.
| Year | Net Assets | Change |
|---|---|---|
| 2026-03-31 | GBX719.50 Million ≈ $87.54K |
+0.98% |
| 2025-03-31 | GBX712.50 Million ≈ $86.69K |
+11.03% |
| 2024-03-31 | GBX641.70 Million ≈ $78.08K |
-14.53% |
| 2023-03-31 | GBX750.80 Million ≈ $91.35K |
-15.17% |
| 2022-03-31 | GBX885.10 Million ≈ $107.69K |
-23.31% |
| 2021-03-31 | GBX1.15 Billion ≈ $140.42K |
-1.92% |
| 2020-03-31 | GBX1.18 Billion ≈ $143.17K |
-22.75% |
| 2019-03-31 | GBX1.52 Billion ≈ $185.34K |
+2.19% |
| 2018-03-31 | GBX1.49 Billion ≈ $181.36K |
-28.19% |
| 2017-03-31 | GBX2.08 Billion ≈ $252.58K |
+27.11% |
| 2016-03-31 | GBX1.63 Billion ≈ $198.71K |
+9.89% |
| 2015-03-31 | GBX1.49 Billion ≈ $180.83K |
+21.52% |
| 2014-03-31 | GBX1.22 Billion ≈ $148.80K |
+49.27% |
| 2013-03-31 | GBX819.30 Million ≈ $99.69K |
-7.00% |
| 2012-03-31 | GBX881.00 Million ≈ $107.19K |
-7.35% |
| 2011-03-31 | GBX950.90 Million ≈ $115.70K |
+4.44% |
| 2010-03-31 | GBX910.50 Million ≈ $110.78K |
+13.20% |
| 2009-03-31 | GBX804.30 Million ≈ $97.86K |
+14.12% |
| 2008-03-31 | GBX704.80 Million ≈ $85.75K |
+16.05% |
| 2007-03-31 | GBX607.30 Million ≈ $73.89K |
+82.98% |
| 2006-03-31 | GBX331.90 Million ≈ $40.38K |
+47.84% |
| 2005-03-31 | GBX224.50 Million ≈ $27.32K |
-36.76% |
| 2004-03-31 | GBX355.00 Million ≈ $43.19K |
-11.87% |
| 2003-03-31 | GBX402.80 Million ≈ $49.01K |
-4.10% |
| 2002-03-31 | GBX420.00 Million ≈ $51.10K |
+4.82% |
| 2001-03-31 | GBX400.70 Million ≈ $48.75K |
+15.81% |
| 2000-03-31 | GBX346.00 Million ≈ $42.10K |
+545.52% |
| 1999-03-31 | GBX53.60 Million ≈ $6.52K |
+379.17% |
| 1998-03-31 | GBX-19.20 Million ≈ $-2.34K |
-132.71% |
| 1997-03-31 | GBX58.70 Million ≈ $7.14K |
+31.61% |
| 1996-03-31 | GBX44.60 Million ≈ $5.43K |
+6.70% |
| 1995-03-31 | GBX41.80 Million ≈ $5.09K |
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Equity Component Analysis
This analysis shows how different components contribute to FirstGroup 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 decreased by 98.9% over the analyzed period, potentially due to dividend distributions or operating losses.
FirstGroup PLC Net Assets Breakdown (March 2026)
FirstGroup PLC net assets breakdown by equity component as of March 2026.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | GBX200.00K | 0.03% |
| Common Stock | GBX28.50 Million | 4.01% |
| Other Comprehensive Income | GBX-5.90 Million | -0.83% |
| Other Components | GBX687.20 Million | 96.79% |
| Total Equity | GBX710.00 Million | 100.00% |
FirstGroup PLC Competitors by Market Cap
The table below lists competitors of FirstGroup PLC ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Lifestyle Global Enterprise
TWO:8066
|
$13.63 Million |
|
KR Motors Co. Ltd.
KO:000040
|
$13.64 Million |
|
Magnum Mining and Exploration Ltd
AU:MGU
|
$13.64 Million |
|
Rocket One Inc.
NASDAQ:RKTO
|
$13.64 Million |
|
DeepMarkit Corp.
NASDAQ:MKTSF
|
$13.63 Million |
|
Chibougamau Independent Mines Inc
V:CBG
|
$13.63 Million |
|
East Africa Metals Inc.
V:EAM
|
$13.62 Million |
|
Good Times Restaurants Inc
NASDAQ:GTIM
|
$13.62 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in FirstGroup PLC's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2025 to 2026, total equity changed from 696,700,000 to 710,000,000, a change of 13,300,000 (1.9%).
- Net income of 118,300,000 contributed positively to equity growth.
- Dividend payments of 38,900,000 reduced retained earnings.
- Share repurchases of 50,400,000 reduced equity.
- Other comprehensive income decreased equity by 4,200,001.
- Other factors increased equity by 12,800,001.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | GBX118.30 Million | +16.66% |
| Dividends Paid | GBX38.90 Million | -5.48% |
| Share Repurchases | GBX50.40 Million | -7.1% |
| Other Comprehensive Income | GBX-4.20 Million | -0.59% |
| Other Changes | GBX12.80 Million | +1.8% |
| Total Change | GBX- | 1.91% |
Book Value vs Market Value Analysis
This analysis compares FirstGroup 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: 173.96x
- 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 1313.19x to 173.96x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1995-03-31 | GBX0.16 | GBX214.80 | x |
| 1996-03-31 | GBX0.17 | GBX214.80 | x |
| 1997-03-31 | GBX0.16 | GBX214.80 | x |
| 1998-03-31 | GBX-0.05 | GBX214.80 | x |
| 1999-03-31 | GBX0.10 | GBX214.80 | x |
| 2000-03-31 | GBX0.69 | GBX214.80 | x |
| 2001-03-31 | GBX0.77 | GBX214.80 | x |
| 2002-03-31 | GBX0.81 | GBX214.80 | x |
| 2003-03-31 | GBX0.78 | GBX214.80 | x |
| 2004-03-31 | GBX0.70 | GBX214.80 | x |
| 2005-03-31 | GBX0.43 | GBX214.80 | x |
| 2006-03-31 | GBX0.66 | GBX214.80 | x |
| 2007-03-31 | GBX1.21 | GBX214.80 | x |
| 2008-03-31 | GBX1.28 | GBX214.80 | x |
| 2009-03-31 | GBX1.34 | GBX214.80 | x |
| 2010-03-31 | GBX1.51 | GBX214.80 | x |
| 2011-03-31 | GBX1.57 | GBX214.80 | x |
| 2012-03-31 | GBX1.45 | GBX214.80 | x |
| 2013-03-31 | GBX1.34 | GBX214.80 | x |
| 2014-03-31 | GBX1.14 | GBX214.80 | x |
| 2015-03-31 | GBX1.21 | GBX214.80 | x |
| 2016-03-31 | GBX1.33 | GBX214.80 | x |
| 2017-03-31 | GBX1.69 | GBX214.80 | x |
| 2018-03-31 | GBX1.23 | GBX214.80 | x |
| 2019-03-31 | GBX1.28 | GBX214.80 | x |
| 2020-03-31 | GBX1.00 | GBX214.80 | x |
| 2021-03-31 | GBX0.96 | GBX214.80 | x |
| 2022-03-31 | GBX0.80 | GBX214.80 | x |
| 2023-03-31 | GBX0.97 | GBX214.80 | x |
| 2024-03-31 | GBX0.96 | GBX214.80 | x |
| 2025-03-31 | GBX1.12 | GBX214.80 | x |
| 2026-03-31 | GBX1.23 | GBX214.80 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently FirstGroup 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): 16.66%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.49%
- • Asset Turnover: 1.53x
- • Equity Multiplier: 4.37x
- Recent ROE (16.66%) is below the historical average (21.84%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1995 | 38.07% | 4.80% | 1.34x | 5.92x | GBX11.65 Million |
| 1996 | 33.03% | 4.10% | 1.34x | 6.03x | GBX10.18 Million |
| 1997 | 80.62% | 8.43% | 1.20x | 7.96x | GBX41.17 Million |
| 1998 | 0.00% | 7.03% | 1.17x | 0.00x | GBX57.82 Million |
| 1999 | 150.87% | 4.72% | 1.72x | 18.62x | GBX64.80 Million |
| 2000 | 27.81% | 5.21% | 1.08x | 4.96x | GBX59.88 Million |
| 2001 | 19.43% | 3.78% | 1.20x | 4.27x | GBX37.72 Million |
| 2002 | 17.64% | 3.41% | 1.23x | 4.19x | GBX32.00 Million |
| 2003 | 24.27% | 4.26% | 1.32x | 4.30x | GBX57.33 Million |
| 2004 | 25.87% | 3.68% | 1.37x | 5.14x | GBX56.01 Million |
| 2005 | 50.54% | 4.01% | 1.42x | 8.87x | GBX86.71 Million |
| 2006 | 33.68% | 3.55% | 1.45x | 6.55x | GBX75.58 Million |
| 2007 | 15.38% | 2.47% | 1.46x | 4.27x | GBX32.08 Million |
| 2008 | 17.41% | 2.56% | 0.97x | 6.99x | GBX51.24 Million |
| 2009 | 18.26% | 2.32% | 1.05x | 7.54x | GBX64.82 Million |
| 2010 | 14.76% | 2.11% | 1.12x | 6.25x | GBX42.62 Million |
| 2011 | 11.05% | 1.61% | 1.22x | 5.64x | GBX9.84 Million |
| 2012 | 22.85% | 2.94% | 1.26x | 6.19x | GBX110.34 Million |
| 2013 | 4.40% | 0.51% | 1.25x | 6.96x | GBX-44.46 Million |
| 2014 | 4.47% | 0.81% | 1.34x | 4.13x | GBX-66.94 Million |
| 2015 | 5.16% | 1.24% | 1.15x | 3.60x | GBX-70.66 Million |
| 2016 | 5.61% | 1.73% | 0.98x | 3.32x | GBX-70.58 Million |
| 2017 | 5.46% | 1.99% | 0.98x | 2.82x | GBX-93.21 Million |
| 2018 | -19.99% | -4.63% | 1.20x | 3.60x | GBX-444.08 Million |
| 2019 | -4.30% | -0.94% | 1.20x | 3.83x | GBX-222.35 Million |
| 2020 | -27.05% | -7.05% | 0.55x | 6.98x | GBX-448.18 Million |
| 2021 | 6.66% | 1.82% | 0.52x | 7.04x | GBX-39.40 Million |
| 2022 | 72.60% | 13.86% | 1.20x | 4.37x | GBX548.74 Million |
| 2023 | 11.77% | 1.83% | 1.08x | 5.95x | GBX13.08 Million |
| 2024 | -2.51% | -0.34% | 1.24x | 6.01x | GBX-79.23 Million |
| 2025 | 18.30% | 2.74% | 1.27x | 5.25x | GBX57.83 Million |
| 2026 | 16.66% | 2.49% | 1.53x | 4.37x | GBX47.30 Million |
Industry Comparison
This section compares FirstGroup PLC's net assets metrics with peer companies in the Railroads industry.
Industry Context
- Industry: Railroads
- Average net assets among peers: $7,556,000
- Average return on equity (ROE) among peers: 58.13%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| FirstGroup PLC (FGP) | GBX719.50 Million | 38.07% | 3.31x | $13.63 Million |
| Mobico Group Plc (MCG) | $7.56 Million | 58.13% | 3.80x | $3.00 Million |
About FirstGroup PLC
FirstGroup plc provides public transport services in the United Kingdom. It operates through First Bus and First Rail segments. It operates a fleet of approximately 6,000 buses and coaches, as well as 320 trains. The company was founded in 1986 and is based in London, the United Kingdom.