Filtronic

LSE:FTC UK Communication Equipment
Market Cap
$5.22 Million
GBX42.89 Billion GBX
Market Cap Rank
#42262 Global
#641 in UK
Share Price
GBX195.00
Change (1 day)
-1.27%
52-Week Range
GBX82.40 - GBX205.00
All Time High
GBX205.00
Categories
Companies in UK Communication Equipment Technology AI & Machine Learning
About

Filtronic plc designs, develops, manufactures, and sells radio frequency (RF) technology in the United Kingdom, Europe, the Americas, and rest of the world. It provides Morpheus II and X2, an E-band transceiver module; Cerus, an E-brand power amplifier for long range communications; Hercules II, a high power E-band transreceiver; Taurus, an E-brand power amplifier; Hades X2, an E-band active dipl… Read more

Filtronic (FTC) - Net Assets

Latest net assets as of May 2025: GBX35.38 Million GBX

Based on the latest financial reports, Filtronic (FTC) has net assets worth GBX35.38 Million GBX as of May 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX49.79 Million) and total liabilities (GBX14.42 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 GBX35.38 Million
% of Total Assets 71.04%
Annual Growth Rate 17.56%
5-Year Change 278.03%
10-Year Change 335.18%
Growth Volatility 207.35

Filtronic - Net Assets Trend (1992–2025)

This chart illustrates how Filtronic's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Filtronic (1992–2025)

The table below shows the annual net assets of Filtronic from 1992 to 2025.

Year Net Assets Change
2025-05-31 GBX35.38 Million +138.79%
2024-05-31 GBX14.81 Million +28.37%
2023-05-31 GBX11.54 Million +4.51%
2022-05-31 GBX11.04 Million +18.01%
2021-05-31 GBX9.36 Million +0.04%
2020-05-31 GBX9.35 Million -15.06%
2019-05-31 GBX11.01 Million -9.44%
2018-05-31 GBX12.16 Million +13.37%
2017-05-31 GBX10.73 Million +31.96%
2016-05-31 GBX8.13 Million -6.87%
2015-05-31 GBX8.73 Million -48.35%
2014-05-31 GBX16.90 Million -16.33%
2013-05-31 GBX20.20 Million +1.80%
2012-05-31 GBX19.84 Million +5.37%
2011-05-31 GBX18.83 Million -5.31%
2010-05-31 GBX19.89 Million -7.84%
2009-05-31 GBX21.58 Million -44.55%
2008-05-31 GBX38.91 Million -71.85%
2007-05-31 GBX138.21 Million +46.45%
2006-05-31 GBX94.38 Million +0.86%
2005-05-31 GBX93.57 Million -7.46%
2004-05-31 GBX101.11 Million -7.37%
2003-05-31 GBX109.16 Million +3.77%
2002-05-31 GBX105.20 Million -19.38%
2001-05-31 GBX130.49 Million -10.35%
2000-05-31 GBX145.55 Million +81.67%
1999-05-31 GBX80.12 Million +174.09%
1998-05-31 GBX29.23 Million +36.22%
1997-05-31 GBX21.46 Million +13.88%
1996-05-31 GBX18.84 Million +14.64%
1995-05-31 GBX16.44 Million +1171.23%
1994-05-31 GBX1.29 Million +264.23%
1993-05-31 GBX355.00K +108.82%
1992-05-31 GBX170.00K --

Equity Component Analysis

This analysis shows how different components contribute to Filtronic'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 778900000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (May 2025)

Component Amount Percentage
Retained Earnings GBX7.79 Million 22.02%
Common Stock GBX10.80 Million 30.53%
Other Comprehensive Income GBX5.43 Million 15.36%
Other Components GBX11.35 Million 32.10%
Total Equity GBX35.38 Million 100.00%

Filtronic Competitors by Market Cap

The table below lists competitors of Filtronic ranked by their market capitalization.

Company Market Cap
Siemens Pakistan Engineering Co Ltd
KAR:SIEM
 		$50.85K
STANDARD SUPPLY NK -10
F:D6Z
 		$50.87K
Netflix (NFLX) BMO Canadian Depositary Receipt (CAD Hedged)
NEO:ZNFL
 		$50.88K
Uber (UBER) BMO Canadian Depositary Receipt (CAD Hedged)
NEO:ZUBE
 		$50.88K
ELEKTA -B- FR (EJXB.SG)
STU:EJXB
 		$50.84K
Ocean Wilsons Holdings Ltd
LSE:OCN
 		$50.77K
IMPERIAL METALS (L7D.SG)
STU:L7D
 		$50.76K
MATSUI SEC - Dusseldorf Stock Exchang
DU:MTW
 		$50.70K

Equity Growth Attribution

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

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 14,815,000 to 35,376,000, a change of 20,561,000 (138.8%).
  • Net income of 14,049,000 contributed positively to equity growth.
  • New share issuances of 143,000 increased equity.
  • Other comprehensive income increased equity by 5,954,999.
  • Other factors increased equity by 414,001.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income GBX14.05 Million +39.71%
Share Issuances GBX143.00K +0.4%
Other Comprehensive Income GBX5.95 Million +16.83%
Other Changes GBX414.00K +1.17%
Total Change GBX- 138.79%

Book Value vs Market Value Analysis

This analysis compares Filtronic'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: 1280.17x
  • 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 340.67x to 1280.17x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1992-05-31 GBX0.57 GBX195.00 x
1993-05-31 GBX1.20 GBX195.00 x
1994-05-31 GBX4.35 GBX195.00 x
1995-05-31 GBX43.71 GBX195.00 x
1996-05-31 GBX43.32 GBX195.00 x
1997-05-31 GBX48.68 GBX195.00 x
1998-05-31 GBX62.84 GBX195.00 x
1999-05-31 GBX145.68 GBX195.00 x
2000-05-31 GBX257.67 GBX195.00 x
2001-05-31 GBX215.47 GBX195.00 x
2002-05-31 GBX9.95 GBX195.00 x
2003-05-31 GBX2.57 GBX195.00 x
2004-05-31 GBX2.38 GBX195.00 x
2005-05-31 GBX2.20 GBX195.00 x
2006-05-31 GBX2.22 GBX195.00 x
2007-05-31 GBX3.26 GBX195.00 x
2008-05-31 GBX0.52 GBX195.00 x
2009-05-31 GBX0.29 GBX195.00 x
2010-05-31 GBX0.27 GBX195.00 x
2011-05-31 GBX0.20 GBX195.00 x
2012-05-31 GBX0.21 GBX195.00 x
2013-05-31 GBX0.21 GBX195.00 x
2014-05-31 GBX0.17 GBX195.00 x
2015-05-31 GBX0.08 GBX195.00 x
2016-05-31 GBX0.05 GBX195.00 x
2017-05-31 GBX0.05 GBX195.00 x
2018-05-31 GBX0.06 GBX195.00 x
2019-05-31 GBX0.05 GBX195.00 x
2020-05-31 GBX0.04 GBX195.00 x
2021-05-31 GBX0.04 GBX195.00 x
2022-05-31 GBX0.05 GBX195.00 x
2023-05-31 GBX0.05 GBX195.00 x
2024-05-31 GBX0.07 GBX195.00 x
2025-05-31 GBX0.15 GBX195.00 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Filtronic 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): 39.71%
  • The company demonstrates strong efficiency in generating profits from shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 24.95%
  • • Asset Turnover: 1.13x
  • • Equity Multiplier: 1.41x
  • Recent ROE (39.71%) is above the historical average (2.92%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1992 44.12% 6.11% 2.74x 2.63x GBX58.00K
1993 52.11% 6.62% 1.98x 3.97x GBX149.50K
1994 63.73% 8.06% 1.82x 4.34x GBX694.70K
1995 14.11% 9.04% 1.13x 1.39x GBX676.30K
1996 12.66% 7.13% 1.05x 1.69x GBX500.60K
1997 13.24% 6.10% 1.08x 2.01x GBX696.10K
1998 26.94% 8.37% 1.39x 2.32x GBX4.95 Million
1999 13.45% 5.75% 0.87x 2.67x GBX2.76 Million
2000 -5.44% -3.56% 0.72x 2.13x GBX-22.48 Million
2001 -17.47% -7.66% 0.98x 2.33x GBX-35.84 Million
2002 -27.61% -10.35% 1.12x 2.39x GBX-39.56 Million
2003 0.99% 0.45% 1.08x 2.05x GBX-9.83 Million
2004 -1.76% -0.72% 1.16x 2.08x GBX-11.89 Million
2005 9.94% 4.37% 0.96x 2.38x GBX-54.90K
2006 6.37% 9.54% 0.35x 1.92x GBX-3.43 Million
2007 32.56% 117.07% 0.22x 1.24x GBX31.17 Million
2008 -37.56% -36.42% 0.73x 1.41x GBX-18.51 Million
2009 54.02% 40.50% 1.05x 1.28x GBX9.50 Million
2010 -5.13% -6.56% 0.66x 1.19x GBX-3.01 Million
2011 -36.86% -44.71% 0.56x 1.46x GBX-8.82 Million
2012 0.18% 0.13% 0.84x 1.56x GBX-1.95 Million
2013 1.41% 0.71% 1.10x 1.80x GBX-1.74 Million
2014 -16.66% -8.56% 1.29x 1.50x GBX-4.50 Million
2015 -120.38% -59.96% 1.11x 1.81x GBX-11.38 Million
2016 -62.95% -37.68% 0.78x 2.13x GBX-5.93 Million
2017 29.06% 8.81% 1.82x 1.81x GBX2.04 Million
2018 10.12% 5.13% 1.29x 1.53x GBX14.90K
2019 -11.92% -8.24% 0.87x 1.66x GBX-2.41 Million
2020 -20.90% -11.38% 0.99x 1.85x GBX-2.89 Million
2021 0.64% 0.39% 1.07x 1.56x GBX-875.80K
2022 13.29% 8.61% 1.04x 1.49x GBX363.70K
2023 4.02% 2.85% 0.90x 1.57x GBX-690.10K
2024 21.20% 12.35% 1.01x 1.71x GBX1.66 Million
2025 39.71% 24.95% 1.13x 1.41x GBX10.51 Million

Industry Comparison

This section compares Filtronic's net assets metrics with peer companies in the Communication Equipment industry.

Industry Context

  • Industry: Communication Equipment
  • Average net assets among peers: $580,971,421
  • Average return on equity (ROE) among peers: 10.44%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Filtronic (FTC) GBX35.38 Million 44.12% 0.41x $50.85K
Calnex Solutions Plc (CLX) $2.52 Million -18.15% 2.85x $5.81K
Cyanconnode Holdings PLC (CYAN) $8.82 Million 0.00% 0.37x $3.64K
Eutelsat Group (ETL) $2.87 Billion 11.87% 1.89x $2.93 Billion
M.T.I Wireless Edge Ltd (MWE) $7.94 Million 22.04% 0.33x $5.14K
Pebble Beach Systems Group PLC (PEB) $18.19 Million 36.42% 0.72x $3.08K