Frasers Group PLC (FRAS) - Net Assets
Based on the latest financial reports, Frasers Group PLC (FRAS) has net assets worth GBX2.39 Billion GBX (≈ $291.30K USD) as of October 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX6.07 Billion ≈ $739.09K USD) and total liabilities (GBX3.68 Billion ≈ $447.79K 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 Frasers Group PLC tangible equity quality to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | GBX2.39 Billion |
| % of Total Assets | 39.41% |
| Annual Growth Rate | 12.71% |
| 5-Year Change | 64.17% |
| 10-Year Change | 43.58% |
| Growth Volatility | 24.94 |
Frasers Group PLC - Net Assets Trend (2004–2025)
This chart illustrates how Frasers Group PLC's net assets have evolved over time, based on quarterly financial data. See defensive interval ratio of Frasers Group PLC to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Frasers Group PLC (2004–2025)
The table below shows the annual net assets of Frasers Group PLC from 2004 to 2025. For live valuation and market cap data, see FRAS company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-04-30 | GBX1.99 Billion ≈ $241.89K |
+6.15% |
| 2024-04-30 | GBX1.87 Billion ≈ $227.89K |
+12.95% |
| 2023-04-30 | GBX1.66 Billion ≈ $201.75K |
+26.72% |
| 2022-04-30 | GBX1.31 Billion ≈ $159.22K |
+8.06% |
| 2021-04-30 | GBX1.21 Billion ≈ $147.34K |
-5.41% |
| 2020-04-30 | GBX1.28 Billion ≈ $155.78K |
+2.23% |
| 2019-04-30 | GBX1.25 Billion ≈ $152.38K |
+4.72% |
| 2018-04-30 | GBX1.20 Billion ≈ $145.52K |
-3.42% |
| 2017-04-30 | GBX1.24 Billion ≈ $150.67K |
-10.57% |
| 2016-04-30 | GBX1.38 Billion ≈ $168.48K |
+19.21% |
| 2015-04-30 | GBX1.16 Billion ≈ $141.33K |
+42.08% |
| 2014-04-30 | GBX817.55 Million ≈ $99.47K |
+26.82% |
| 2013-04-30 | GBX644.68 Million ≈ $78.44K |
+36.62% |
| 2012-04-30 | GBX471.88 Million ≈ $57.41K |
+42.51% |
| 2011-04-30 | GBX331.13 Million ≈ $40.29K |
+27.50% |
| 2010-04-30 | GBX259.71 Million ≈ $31.60K |
+69.00% |
| 2009-04-30 | GBX153.68 Million ≈ $18.70K |
+19.68% |
| 2008-04-30 | GBX128.41 Million ≈ $15.62K |
-54.27% |
| 2007-04-30 | GBX280.80 Million ≈ $34.17K |
-3.57% |
| 2006-04-30 | GBX291.20 Million ≈ $35.43K |
+30.85% |
| 2005-04-30 | GBX222.55 Million ≈ $27.08K |
+38.01% |
| 2004-04-30 | GBX161.26 Million ≈ $19.62K |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Frasers 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 1605.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (April 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | GBX2.75 Billion | 140.17% |
| Common Stock | GBX64.10 Million | 3.27% |
| Total Equity | GBX1.96 Billion | 100.00% |
Frasers Group PLC Competitors by Market Cap
The table below lists competitors of Frasers Group PLC ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Altustfi
WAR:ALI
|
$38.06 Million |
|
Aarvee Denims & Exports Limited
NSE:AARVEEDEN
|
$38.07 Million |
|
Ryde Group Ltd.
NYSE MKT:RYDE
|
$38.07 Million |
|
374Water Inc. Common Stock
NASDAQ:SCWO
|
$38.08 Million |
|
MS Industrie AG
F:MSAG
|
$38.06 Million |
|
Kinetiko Energy Ltd
AU:KKO
|
$38.04 Million |
|
GBK Beteiligungen AG
HM:GBQ
|
$38.04 Million |
|
Summa Silver Corp
V:SSVR
|
$38.04 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Frasers Group PLC's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,844,800,000 to 1,960,100,000, a change of 115,300,000 (6.2%).
- Net income of 292,100,000 contributed positively to equity growth.
- Other comprehensive income decreased equity by 40,100,000.
- Other factors decreased equity by 136,700,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | GBX292.10 Million | +14.9% |
| Other Comprehensive Income | GBX-40.10 Million | -2.05% |
| Other Changes | GBX-136.70 Million | -6.97% |
| Total Change | GBX- | 6.25% |
Book Value vs Market Value Analysis
This analysis compares Frasers 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: 160.57x
- 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 2126.04x to 160.57x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2004-04-30 | GBX0.34 | GBX727.00 | x |
| 2005-04-30 | GBX0.47 | GBX727.00 | x |
| 2006-04-30 | GBX0.61 | GBX727.00 | x |
| 2007-04-30 | GBX0.60 | GBX727.00 | x |
| 2008-04-30 | GBX0.27 | GBX727.00 | x |
| 2009-04-30 | GBX0.32 | GBX727.00 | x |
| 2010-04-30 | GBX0.55 | GBX727.00 | x |
| 2011-04-30 | GBX0.70 | GBX727.00 | x |
| 2012-04-30 | GBX1.00 | GBX727.00 | x |
| 2013-04-30 | GBX1.37 | GBX727.00 | x |
| 2014-04-30 | GBX1.74 | GBX727.00 | x |
| 2015-04-30 | GBX2.47 | GBX727.00 | x |
| 2016-04-30 | GBX2.94 | GBX727.00 | x |
| 2017-04-30 | GBX2.63 | GBX727.00 | x |
| 2018-04-30 | GBX2.53 | GBX727.00 | x |
| 2019-04-30 | GBX2.64 | GBX727.00 | x |
| 2020-04-30 | GBX2.69 | GBX727.00 | x |
| 2021-04-30 | GBX2.53 | GBX727.00 | x |
| 2022-04-30 | GBX2.73 | GBX727.00 | x |
| 2023-04-30 | GBX3.52 | GBX727.00 | x |
| 2024-04-30 | GBX4.21 | GBX727.00 | x |
| 2025-04-30 | GBX4.53 | GBX727.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Frasers 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): 14.90%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.93%
- • Asset Turnover: 0.96x
- • Equity Multiplier: 2.62x
- Recent ROE (14.90%) is below the historical average (19.35%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | 25.75% | 6.14% | 1.66x | 2.52x | GBX25.42 Million |
| 2005 | 28.25% | 6.45% | 1.92x | 2.28x | GBX40.47 Million |
| 2006 | 22.00% | 5.26% | 1.79x | 2.34x | GBX34.31 Million |
| 2007 | 13.65% | 2.80% | 1.43x | 3.42x | GBX10.08 Million |
| 2008 | 62.46% | 6.21% | 1.30x | 7.75x | GBX65.67 Million |
| 2009 | -10.53% | -1.16% | 1.40x | 6.50x | GBX-30.88 Million |
| 2010 | 34.62% | 6.16% | 1.51x | 3.72x | GBX63.60 Million |
| 2011 | 25.45% | 5.26% | 1.75x | 2.77x | GBX51.10 Million |
| 2012 | 22.48% | 5.78% | 1.62x | 2.40x | GBX58.96 Million |
| 2013 | 23.51% | 6.94% | 1.55x | 2.18x | GBX87.10 Million |
| 2014 | 21.95% | 6.66% | 1.59x | 2.07x | GBX98.14 Million |
| 2015 | 20.65% | 8.49% | 1.60x | 1.52x | GBX123.96 Million |
| 2016 | 20.01% | 9.55% | 1.23x | 1.70x | GBX138.78 Million |
| 2017 | 18.56% | 7.08% | 1.33x | 1.98x | GBX106.00 Million |
| 2018 | 2.05% | 0.73% | 1.16x | 2.42x | GBX-94.93 Million |
| 2019 | 8.98% | 3.03% | 1.18x | 2.53x | GBX-12.66 Million |
| 2020 | 7.40% | 2.37% | 1.02x | 3.05x | GBX-32.93 Million |
| 2021 | -6.96% | -2.37% | 0.93x | 3.17x | GBX-202.29 Million |
| 2022 | 19.42% | 5.32% | 1.13x | 3.22x | GBX121.14 Million |
| 2023 | 30.39% | 8.85% | 1.29x | 2.65x | GBX329.88 Million |
| 2024 | 20.64% | 6.88% | 1.24x | 2.41x | GBX196.32 Million |
| 2025 | 14.90% | 5.93% | 0.96x | 2.62x | GBX96.09 Million |
Industry Comparison
This section compares Frasers Group PLC's net assets metrics with peer companies in the Specialty Retail industry.
Industry Context
- Industry: Specialty Retail
- Average net assets among peers: $426,854,456
- Average return on equity (ROE) among peers: 31.10%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Frasers Group PLC (FRAS) | GBX2.39 Billion | 25.75% | 1.54x | $38.06 Million |
| Angling Direct PLC (ANG) | $40.83 Million | 5.05% | 0.68x | $436.91K |
| Ao World (AO) | $58.55 Million | -4.30% | 1.61x | $6.17 Million |
| Card Factory PLC (CARD) | $13.50 Million | 97.04% | 34.90x | $2.70 Million |
| Currys PLC (CURY) | $3.20 Billion | 5.19% | 1.28x | $19.49 Million |
| DFS Furniture PLC (DFS) | $2.30 Million | 60.87% | 263.22x | $3.70 Million |
| Dunelm Group PLC (DNLM) | $110.10 Million | 66.39% | 2.93x | $19.84 Million |
| Halfords Group PLC (HFD) | $421.90 Million | 12.97% | 0.85x | $4.91 Million |
| IG Design Group plc (IGR) | $4.95 Million | 36.72% | 3.67x | $887.11K |
| musicMagpie PLC (MMAG) | $-6.45 Million | 0.00% | 0.00x | $8.10K |
About Frasers Group PLC
Frasers Group Plc, together with its subsidiaries, engages in the retail and wholesale of sports and leisure clothing, footwear and equipment, and apparel through department stores, shops, and online. The company operates through five segments: UK Sports, Premium Lifestyle, International, Property, and Financial Services. It is also involved in operating gyms; leasing properties for car parking, … Read more