First Property Group plc (FPO) - Net Assets

Latest as of September 2025: GBX49.35 Million GBX ≈ $6.00K USD

Based on the latest financial reports, First Property Group plc (FPO) has net assets worth GBX49.35 Million GBX (≈ $6.00K USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX68.45 Million ≈ $8.33K USD) and total liabilities (GBX19.10 Million ≈ $2.32K 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 FPO total asset value for the complete picture of this company's asset base.

Key Net Assets Metrics

Metric Value
Current Net Assets GBX49.35 Million
% of Total Assets 72.1%
Annual Growth Rate 10.93%
5-Year Change 10.05%
10-Year Change 8.96%
Growth Volatility 849.63

First Property Group plc - Net Assets Trend (1995–2025)

This chart illustrates how First Property Group plc's net assets have evolved over time, based on quarterly financial data. Check FPO tangible net worth ratio to evaluate the tangible quality of the company's equity base.

Annual Net Assets for First Property Group plc (1995–2025)

The table below shows the annual net assets of First Property Group plc from 1995 to 2025. For live valuation and market cap data, see FPO stock market capitalisation.

Year Net Assets Change
2025-03-31 GBX47.32 Million
≈ $5.76K
+15.60%
2024-03-31 GBX40.93 Million
≈ $4.98K
-98.17%
2023-12-31 GBX2.24 Billion
≈ $272.04K
+4816.68%
2023-03-31 GBX45.48 Million
≈ $5.53K
+5.77%
2022-03-31 GBX42.99 Million
≈ $5.23K
+16.23%
2021-03-31 GBX36.99 Million
≈ $4.50K
-23.27%
2020-03-31 GBX48.20 Million
≈ $5.87K
+4.14%
2019-03-31 GBX46.29 Million
≈ $5.63K
-12.54%
2018-03-31 GBX52.92 Million
≈ $6.44K
+21.86%
2017-03-31 GBX43.43 Million
≈ $5.28K
+27.39%
2016-03-31 GBX34.09 Million
≈ $4.15K
+9.90%
2015-03-31 GBX31.02 Million
≈ $3.77K
+32.21%
2014-03-31 GBX23.46 Million
≈ $2.85K
+26.53%
2013-03-31 GBX18.54 Million
≈ $2.26K
+6.85%
2012-03-31 GBX17.36 Million
≈ $2.11K
+4.73%
2011-03-31 GBX16.57 Million
≈ $2.02K
+5.86%
2010-03-31 GBX15.65 Million
≈ $1.90K
+15.07%
2009-03-31 GBX13.60 Million
≈ $1.66K
+12.72%
2008-03-31 GBX12.07 Million
≈ $1.47K
+56.09%
2007-03-31 GBX7.73 Million
≈ $940.76
+10.58%
2006-03-31 GBX6.99 Million
≈ $850.72
+7.32%
2005-03-31 GBX6.51 Million
≈ $792.69
+136.39%
2004-03-31 GBX2.76 Million
≈ $335.33
+24.76%
2003-03-31 GBX2.21 Million
≈ $268.77
-53.71%
2002-03-31 GBX4.77 Million
≈ $580.61
-42.81%
2001-03-31 GBX8.34 Million
≈ $1.02K
+127.48%
2000-03-31 GBX3.67 Million
≈ $446.29
+62.16%
1999-03-31 GBX2.26 Million
≈ $275.22
+14.76%
1998-03-31 GBX1.97 Million
≈ $239.81
+10.36%
1997-03-31 GBX1.79 Million
≈ $217.30
+56.39%
1996-03-31 GBX1.14 Million
≈ $138.95
-45.75%
1995-03-31 GBX2.10 Million
≈ $256.12
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Equity Component Analysis

This analysis shows how different components contribute to First Property 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 3963800000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (March 2025)

Component Amount Percentage
Retained Earnings GBX39.54 Million 87.69%
Common Stock GBX1.54 Million 3.41%
Other Components GBX4.01 Million 8.90%
Total Equity GBX45.09 Million 100.00%

First Property Group plc Competitors by Market Cap

The table below lists competitors of First Property Group plc ranked by their market capitalization.

Company Market Cap
Lawfinance Ltd
AU:LAW
$225.95K
Develop North PLC
LSE:DVNO
$227.93K
Wyld Networks AB
ST:WYLD
$228.07K
Vianet Group Plc
LSE:VNET
$228.26K
Ellwee AB
ST:ELLWEE
$224.35K
GO METALS CORP.
F:47GA
$223.95K
FIH Group PLC
LSE:FIH
$220.88K
EV Digital Invest AG
F:ENGL
$219.40K

Equity Growth Attribution

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

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 38,977,000 to 45,090,000, a change of 6,113,000 (15.7%).
  • Net income of 2,139,000 contributed positively to equity growth.
  • New share issuances of 2,957,000 increased equity.
  • Other factors increased equity by 1,017,000.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income GBX2.14 Million +4.74%
Share Issuances GBX2.96 Million +6.56%
Other Changes GBX1.02 Million +2.26%
Total Change GBX- 15.68%

Book Value vs Market Value Analysis

This analysis compares First Property 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: 36.18x
  • 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 88.42x to 36.18x 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 GBX0.14 GBX12.50 x
1996-03-31 GBX0.08 GBX12.50 x
1997-03-31 GBX0.09 GBX12.50 x
1998-03-31 GBX0.05 GBX12.50 x
1999-03-31 GBX0.06 GBX12.50 x
2000-03-31 GBX0.09 GBX12.50 x
2001-03-31 GBX0.16 GBX12.50 x
2002-03-31 GBX0.05 GBX12.50 x
2003-03-31 GBX0.02 GBX12.50 x
2004-03-31 GBX0.03 GBX12.50 x
2005-03-31 GBX0.06 GBX12.50 x
2006-03-31 GBX0.06 GBX12.50 x
2007-03-31 GBX0.06 GBX12.50 x
2008-03-31 GBX0.10 GBX12.50 x
2009-03-31 GBX0.12 GBX12.50 x
2010-03-31 GBX0.14 GBX12.50 x
2011-03-31 GBX0.14 GBX12.50 x
2012-03-31 GBX0.15 GBX12.50 x
2013-03-31 GBX0.15 GBX12.50 x
2014-03-31 GBX0.19 GBX12.50 x
2015-03-31 GBX0.25 GBX12.50 x
2016-03-31 GBX0.27 GBX12.50 x
2017-03-31 GBX0.34 GBX12.50 x
2018-03-31 GBX0.39 GBX12.50 x
2019-03-31 GBX0.41 GBX12.50 x
2020-03-31 GBX0.42 GBX12.50 x
2021-03-31 GBX0.33 GBX12.50 x
2022-03-31 GBX0.38 GBX12.50 x
2023-03-31 GBX0.38 GBX12.50 x
2023-12-31 GBX7.39 GBX12.50 x
2024-03-31 GBX0.35 GBX12.50 x
2025-03-31 GBX0.35 GBX12.50 x

Capital Efficiency Dashboard

This dashboard shows how efficiently First Property 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): 4.74%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 28.32%
  • • Asset Turnover: 0.10x
  • • Equity Multiplier: 1.75x
  • Recent ROE (4.74%) is above the historical average (-0.05%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1995 -4.66% -9.03% 0.31x 1.67x GBX-308.50K
1996 -33.98% -3.55% 2.43x 3.94x GBX-502.20K
1997 -59.24% -10.96% 2.41x 2.25x GBX-1.24 Million
1998 9.39% 2.80% 1.87x 1.80x GBX-12.10K
1999 -0.93% -0.30% 2.43x 1.29x GBX-247.20K
2000 -6.24% -14.09% 0.41x 1.09x GBX-595.80K
2001 -13.95% 0.00% 0.00x 1.06x GBX-2.00 Million
2002 -82.08% -1052.96% 0.06x 1.29x GBX-4.39 Million
2003 -113.94% -110.35% 0.54x 1.90x GBX-2.74 Million
2004 22.42% 16.50% 0.69x 1.97x GBX342.40K
2005 14.89% 17.17% 0.80x 1.08x GBX318.50K
2006 7.82% 6.58% 0.83x 1.44x GBX-152.20K
2007 12.44% 12.21% 0.82x 1.24x GBX188.20K
2008 37.19% 28.63% 0.89x 1.46x GBX3.26 Million
2009 22.57% 27.10% 0.46x 1.82x GBX1.69 Million
2010 14.92% 35.57% 0.26x 1.64x GBX757.70K
2011 13.06% 30.08% 0.17x 2.57x GBX501.30K
2012 18.70% 34.21% 0.21x 2.60x GBX1.49 Million
2013 14.15% 24.14% 0.23x 2.53x GBX753.80K
2014 23.40% 29.27% 0.22x 3.56x GBX3.02 Million
2015 27.31% 44.12% 0.12x 5.07x GBX5.18 Million
2016 15.56% 22.81% 0.14x 5.01x GBX1.79 Million
2017 19.38% 33.10% 0.13x 4.37x GBX3.79 Million
2018 14.45% 26.53% 0.14x 3.94x GBX2.08 Million
2019 11.94% 26.98% 0.17x 2.66x GBX896.80K
2020 10.11% 29.83% 0.13x 2.59x GBX54.30K
2021 -20.25% -61.47% 0.15x 2.21x GBX-11.13 Million
2022 15.85% 78.42% 0.11x 1.80x GBX2.50 Million
2023 4.42% 26.47% 0.09x 1.92x GBX-2.43 Million
2023 10.67% 24.44% 0.15x 2.92x GBX15.08 Million
2024 -11.76% -58.36% 0.10x 1.94x GBX-8.48 Million
2025 4.74% 28.32% 0.10x 1.75x GBX-2.37 Million

Industry Comparison

This section compares First Property Group plc's net assets metrics with peer companies in the Real Estate Services industry.

Industry Context

  • Industry: Real Estate Services
  • Average net assets among peers: $172,397,852
  • Average return on equity (ROE) among peers: 2.76%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
First Property Group plc (FPO) GBX49.35 Million -4.66% 0.39x $224.85K
Alina Holdings PLC (ALNA) $57.64 Million 3.15% 2.55x $27.48K
Cardiff Property PLC (CDFF) $15.26 Million 4.91% 0.34x $331.99K
Fletcher King Plc (FLK) $2.22 Million -39.48% 0.45x $53.01K
Foxtons Group Plc (FOXT) $181.79 Million 19.03% 0.04x $1.34 Million
GRIT Real Estate Income Group (GR1T) $1.03 Million 17.31% 0.90x $388.80K
Grainger PLC (GRI) $62.32 Million 6.58% 2.93x $15.84 Million
Globalworth REIT (GWI) $1.30 Billion 6.19% 1.11x $557.68 Million
Helical Bar Plc (HLCL) $239.11 Million 7.13% 1.39x $3.03 Million
IWG PLC (IWG) $-305.11 Million 0.00% 0.00x $21.71 Million

About First Property Group plc

LSE:FPO UK Real Estate Services
Market Cap
$224.85K
GBX1.85 Billion GBX
Market Cap Rank
#31169 Global
#1011 in UK
Share Price
GBX12.50
Change (1 day)
+0.00%
52-Week Range
GBX11.50 - GBX19.00
All Time High
GBX56.53
About

First Property Group plc is a real estate investment firm. It provides fund management, financial, and technical services to the property industry in the United Kingdom and other European countries. The firm manages commercial properties of various fund investors, as well as involves in property investment and trading, property equity finance, and online activities. It also engages in the facilit… Read more