Greencore Group

LSE:GNC UK Packaged Foods
Market Cap
$13.54 Million
GBX111.32 Billion GBX
Market Cap Rank
#40189 Global
#576 in UK
Share Price
GBX257.50
Change (1 day)
+1.18%
52-Week Range
GBX169.20 - GBX306.50
All Time High
GBX306.50
Categories
Companies in UK Packaged Foods
About

Greencore Group plc, together with its subsidiaries, manufactures and sells convenience food products in the United Kingdom and Ireland. The company offers sandwiches, salads, sushi, chilled snacking, chilled ready meals, chilled soups and sauces, chilled quiche, ambient sauces and pickles, and frozen Yorkshire Puddings. It is also involved in the finance activities; pension funding; food process… Read more

Greencore Group (GNC) - Net Assets

Latest net assets as of September 2025: GBX492.00 Million GBX

Based on the latest financial reports, Greencore Group (GNC) has net assets worth GBX492.00 Million GBX as of September 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX1.27 Billion) and total liabilities (GBX780.70 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 GBX492.00 Million
% of Total Assets 38.66%
Annual Growth Rate 4.96%
5-Year Change 16.26%
10-Year Change -33.84%
Growth Volatility 442.65

Greencore Group - Net Assets Trend (1990–2025)

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

Annual Net Assets for Greencore Group (1990–2025)

The table below shows the annual net assets of Greencore Group from 1990 to 2025.

Year Net Assets Change
2025-09-30 GBX492.00 Million +9.28%
2024-09-30 GBX450.20 Million -2.09%
2023-09-30 GBX459.80 Million -1.25%
2022-09-30 GBX465.60 Million +10.02%
2021-09-30 GBX423.20 Million +49.96%
2020-09-30 GBX282.20 Million -94.18%
2019-12-31 GBX4.85 Billion +1485.68%
2019-09-30 GBX305.80 Million -94.00%
2018-12-31 GBX5.10 Billion +585.31%
2018-09-30 GBX743.60 Million -84.45%
2017-12-31 GBX4.78 Billion +572.90%
2017-09-30 GBX710.80 Million +0.74%
2017-09-29 GBX705.60 Million -87.44%
2016-12-31 GBX5.62 Billion +1867.79%
2016-09-30 GBX285.60 Million -95.05%
2015-12-31 GBX5.76 Billion +1684.52%
2015-09-30 GBX323.00 Million 0.00%
2015-09-25 GBX323.00 Million +13.89%
2014-09-30 GBX283.60 Million 0.00%
2014-09-26 GBX283.60 Million +12.52%
2013-09-30 GBX252.05 Million +25.70%
2012-09-30 GBX200.52 Million +3.04%
2011-09-30 GBX194.60 Million +28.24%
2010-09-30 GBX151.74 Million -3.76%
2009-09-30 GBX157.67 Million -18.20%
2008-09-30 GBX192.75 Million +2.08%
2007-09-30 GBX188.82 Million +52.22%
2006-09-30 GBX124.04 Million -8.05%
2005-09-30 GBX134.90 Million -33.93%
2004-09-30 GBX204.19 Million -2.69%
2003-09-30 GBX209.84 Million +20.58%
2002-09-30 GBX174.02 Million +2.44%
2001-09-30 GBX169.87 Million -5.69%
2000-09-30 GBX180.12 Million -4.48%
1999-09-30 GBX188.58 Million +3.08%
1998-09-30 GBX182.93 Million -38.85%
1997-09-30 GBX299.15 Million -4.49%
1996-09-30 GBX313.20 Million +24.05%
1995-09-30 GBX252.47 Million +22.83%
1994-09-30 GBX205.56 Million +22.75%
1993-09-30 GBX167.46 Million +36.17%
1992-09-30 GBX122.98 Million +11.87%
1991-09-30 GBX109.93 Million +21.62%
1990-09-30 GBX90.39 Million --

Equity Component Analysis

This analysis shows how different components contribute to Greencore Group'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 28270000000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (September 2025)

Component Amount Percentage
Retained Earnings GBX282.70 Million 57.46%
Common Stock GBX4.40 Million 0.89%
Other Components GBX204.90 Million 41.65%
Total Equity GBX492.00 Million 100.00%

Greencore Group Competitors by Market Cap

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

Company Market Cap
RFA Financial Inc.
TO:RFA
 		$144.17K
Crookes Brothers Ltd
JSE:CKS
 		$144.18K
Danske Invest - Nye Markeder Obligationer
CO:DKINMOBL
 		$144.18K
Pionero Fondo De Inversion
SN:CFIPIONERO
 		$144.30K
NORMA GROUP N - Dusseldorf Stock Exchang
DU:NOEJ
 		$143.80K
Godsinlosen Nordic AB
ST:GIAB
 		$143.79K
MANCHESTER UTD A
MU:MUF
 		$143.76K
LookSmart Group Inc
PINK:LKST
 		$143.72K

Equity Growth Attribution

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

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 450,200,000 to 492,000,000, a change of 41,800,000 (9.3%).
  • Net income of 57,600,000 contributed positively to equity growth.
  • Dividend payments of 8,900,000 reduced retained earnings.
  • Share repurchases of 19,800,000 reduced equity.
  • New share issuances of 1,300,000 increased equity.
  • Other comprehensive income decreased equity by 126,899,999.
  • Other factors increased equity by 138,499,999.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income GBX57.60 Million +11.71%
Dividends Paid GBX8.90 Million -1.81%
Share Repurchases GBX19.80 Million -4.02%
Share Issuances GBX1.30 Million +0.26%
Other Comprehensive Income GBX-126.90 Million -25.79%
Other Changes GBX138.50 Million +28.15%
Total Change GBX- 9.28%

Book Value vs Market Value Analysis

This analysis compares Greencore Group'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: 238.38x
  • 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 1874.57x to 238.38x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1990-09-30 GBX0.14 GBX257.50 x
1991-09-30 GBX0.20 GBX257.50 x
1992-09-30 GBX0.23 GBX257.50 x
1993-09-30 GBX0.31 GBX257.50 x
1994-09-30 GBX0.38 GBX257.50 x
1995-09-30 GBX0.47 GBX257.50 x
1996-09-30 GBX0.58 GBX257.50 x
1997-09-30 GBX0.55 GBX257.50 x
1998-09-30 GBX0.34 GBX257.50 x
1999-09-30 GBX0.35 GBX257.50 x
2000-09-30 GBX0.33 GBX257.50 x
2001-09-30 GBX0.31 GBX257.50 x
2002-09-30 GBX0.32 GBX257.50 x
2003-09-30 GBX0.39 GBX257.50 x
2004-09-30 GBX0.38 GBX257.50 x
2005-09-30 GBX0.25 GBX257.50 x
2006-09-30 GBX0.23 GBX257.50 x
2007-09-30 GBX0.35 GBX257.50 x
2008-09-30 GBX0.36 GBX257.50 x
2009-09-30 GBX0.29 GBX257.50 x
2010-09-30 GBX0.28 GBX257.50 x
2011-09-30 GBX0.36 GBX257.50 x
2012-09-30 GBX0.37 GBX257.50 x
2013-09-30 GBX0.47 GBX257.50 x
2014-09-30 GBX0.53 GBX257.50 x
2015-09-30 GBX0.60 GBX257.50 x
2016-09-30 GBX0.53 GBX257.50 x
2017-09-30 GBX1.08 GBX257.50 x
2018-09-30 GBX1.05 GBX257.50 x
2019-09-30 GBX0.56 GBX257.50 x
2020-09-30 GBX0.52 GBX257.50 x
2021-09-30 GBX0.80 GBX257.50 x
2022-09-30 GBX0.88 GBX257.50 x
2023-09-30 GBX0.93 GBX257.50 x
2024-09-30 GBX0.96 GBX257.50 x
2025-09-30 GBX1.08 GBX257.50 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Greencore Group 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): 11.71%
  • The company shows good efficiency in utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 2.96%
  • • Asset Turnover: 1.53x
  • • Equity Multiplier: 2.59x
  • Recent ROE (11.71%) is below the historical average (11.74%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1990 15.32% 4.52% 1.32x 2.57x GBX3.89 Million
1991 15.72% 5.66% 1.33x 2.09x GBX6.17 Million
1992 20.83% 6.20% 1.26x 2.66x GBX13.04 Million
1993 20.67% 7.20% 1.31x 2.19x GBX17.55 Million
1994 19.96% 7.96% 1.26x 2.00x GBX20.15 Million
1995 20.47% 8.89% 1.23x 1.88x GBX26.05 Million
1996 19.43% 10.07% 1.15x 1.68x GBX29.21 Million
1997 16.43% 9.00% 0.98x 1.87x GBX18.95 Million
1998 23.76% 8.19% 1.03x 2.80x GBX24.71 Million
1999 22.24% 7.37% 1.06x 2.84x GBX22.70 Million
2000 -0.29% -0.10% 1.00x 3.05x GBX-18.24 Million
2001 -1.53% -0.23% 0.97x 6.86x GBX-19.22 Million
2002 3.73% 0.57% 1.26x 5.20x GBX-10.74 Million
2003 10.74% 2.14% 1.13x 4.46x GBX1.52 Million
2004 -5.75% -1.17% 1.16x 4.26x GBX-31.68 Million
2005 -21.40% -3.75% 0.90x 6.36x GBX-41.42 Million
2006 -0.25% -0.04% 0.97x 6.78x GBX-12.47 Million
2007 38.63% 8.12% 1.02x 4.66x GBX53.22 Million
2008 22.32% 4.08% 1.08x 5.07x GBX23.29 Million
2009 -5.87% -1.24% 0.80x 5.96x GBX-24.49 Million
2010 19.86% 4.01% 1.03x 4.83x GBX14.72 Million
2011 9.99% 2.38% 0.78x 5.38x GBX-15.10K
2012 17.58% 2.98% 1.14x 5.16x GBX14.95 Million
2013 28.43% 5.90% 1.18x 4.07x GBX45.81 Million
2014 16.95% 3.73% 1.24x 3.66x GBX19.48 Million
2015 18.15% 4.33% 1.19x 3.53x GBX26.04 Million
2016 16.86% 3.20% 1.18x 4.47x GBX19.28 Million
2017 1.73% 0.53% 1.14x 2.89x GBX-58.36 Million
2018 4.58% 2.26% 0.74x 2.73x GBX-39.92 Million
2019 14.50% 3.00% 1.24x 3.89x GBX13.46 Million
2020 -3.91% -0.85% 0.89x 5.16x GBX-38.45 Million
2021 6.00% 1.92% 1.03x 3.05x GBX-16.92 Million
2022 6.94% 1.86% 1.30x 2.88x GBX-14.26 Million
2023 7.81% 1.88% 1.47x 2.82x GBX-10.08 Million
2024 10.28% 2.56% 1.50x 2.68x GBX1.28 Million
2025 11.71% 2.96% 1.53x 2.59x GBX8.40 Million

Industry Comparison

This section compares Greencore Group's net assets metrics with peer companies in the Packaged Foods industry.

Industry Context

  • Industry: Packaged Foods
  • Average net assets among peers: $53,336,201
  • Average return on equity (ROE) among peers: -841.72%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Greencore Group (GNC) GBX492.00 Million 15.32% 1.59x $143.86K
Anpario Plc (ANP) $33.15 Million 12.07% 0.15x $11.75K
Applied Nutrition Plc (APN) $48.02 Million 38.84% 0.24x $77.41K
Benchmark Holdings Plc (BMK) $279.60 Million -4.14% 0.72x $16.51K
Carr's Group plc (CARR) $21.37 Million 13.66% 1.34x $8.72K
Fevara plc (FVA) $110.09 Million 8.75% 0.84x $141.81
Ocean Harvest Technology Group PLC (OHT) $5.11 Million -66.62% 0.08x $153.13
Premier Foods PLC (PFD) $-18.00 Million 0.00% 0.00x $202.13K
MicroSalt PLC (SALT) $11.00K -7563.64% 11.55x $3.48K
Science in Sport plc (SIS) $674.14K -14.42% 3.59x $9.38K