Good Energy Group PLC

LSE:GOOD UK Utilities - Renewable
Market Cap
$1.10 Million
GBX9.05 Billion GBX
Market Cap Rank
#44804 Global
#822 in UK
Share Price
GBX489.00
Change (1 day)
+0.00%
52-Week Range
GBX485.00 - GBX489.00
All Time High
GBX489.00
Categories
Companies in UK Utilities - Renewable
About

Good Energy Group PLC, through its subsidiaries, engages in the purchase, generation, and sale of electricity from renewable sources in the United Kingdom. The company generates electric power by wind turbine and solar panels. It also sells gas. In addition, the company provides services related to micro-renewable generation. Further, it offers EV market data services. Good Energy Group PLC was f… Read more

Good Energy Group PLC (GOOD) - Net Assets

Latest net assets as of June 2024: GBX48.16 Million GBX

Based on the latest financial reports, Good Energy Group PLC (GOOD) has net assets worth GBX48.16 Million GBX as of June 2024.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX116.17 Million) and total liabilities (GBX68.01 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 GBX48.16 Million
% of Total Assets 41.46%
Annual Growth Rate 15.62%
5-Year Change 123.67%
10-Year Change 134.1%
Growth Volatility 26.41

Good Energy Group PLC - Net Assets Trend (2009–2023)

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

Annual Net Assets for Good Energy Group PLC (2009–2023)

The table below shows the annual net assets of Good Energy Group PLC from 2009 to 2023.

Year Net Assets Change
2023-12-31 GBX42.01 Million +7.74%
2022-12-31 GBX38.99 Million +32.94%
2021-12-31 GBX29.33 Million -10.13%
2020-12-31 GBX32.63 Million +73.76%
2019-12-31 GBX18.78 Million -0.24%
2018-12-31 GBX18.83 Million +4.10%
2017-12-31 GBX18.09 Million -14.07%
2016-12-31 GBX21.05 Million +24.21%
2015-12-31 GBX16.94 Million -5.57%
2014-12-31 GBX17.94 Million +8.98%
2013-12-31 GBX16.46 Million +48.97%
2012-12-31 GBX11.05 Million +64.86%
2011-12-31 GBX6.70 Million +14.56%
2010-12-31 GBX5.85 Million +6.21%
2009-12-31 GBX5.51 Million --

Equity Component Analysis

This analysis shows how different components contribute to Good Energy 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 1229.5% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2023)

Component Amount Percentage
Retained Earnings GBX28.18 Million 67.10%
Common Stock GBX845.00K 2.01%
Other Components GBX12.97 Million 30.89%
Total Equity GBX42.01 Million 100.00%

Good Energy Group PLC Competitors by Market Cap

The table below lists competitors of Good Energy Group PLC ranked by their market capitalization.

Company Market Cap
Dream Impact Trust
TO:MPCT-UN
 		$11.01K
Mister International Enterprise Corp.
TWO:2941
 		$11.02K
Synairgen plc
PINK:SYGGF
 		$11.03K
Yakkyo S.P.A.
F:IA4
 		$11.03K
Caelum Co. Ltd.
KO:258610
 		$10.99K
DOWNING RNW.+INFR.TR.-01
F:8V0
 		$10.99K
SPARK NEW (NZT.SG)
STU:NZT
 		$10.99K
EVEN3F
SA:EVEN3F
 		$10.98K

Equity Growth Attribution

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

Equity Growth Insights

  • From 2022 to 2023, total equity changed from 38,986,000 to 42,005,000, a change of 3,019,000 (7.7%).
  • Net income of 2,876,000 contributed positively to equity growth.
  • Dividend payments of 444,000 reduced retained earnings.
  • New share issuances of 50,000 increased equity.
  • Other comprehensive income increased equity by 7,000.
  • Other factors increased equity by 530,000.

Equity Change Factors (2022 to 2023)

Factor Impact Contribution
Net Income GBX2.88 Million +6.85%
Dividends Paid GBX444.00K -1.06%
Share Issuances GBX50.00K +0.12%
Other Comprehensive Income GBX7.00K +0.02%
Other Changes GBX530.00K +1.26%
Total Change GBX- 7.74%

Book Value vs Market Value Analysis

This analysis compares Good Energy 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: 197.47x
  • 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 1111.39x to 197.47x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2009-12-31 GBX0.44 GBX489.00 x
2010-12-31 GBX0.47 GBX489.00 x
2011-12-31 GBX0.54 GBX489.00 x
2012-12-31 GBX1.18 GBX489.00 x
2013-12-31 GBX1.21 GBX489.00 x
2014-12-31 GBX1.18 GBX489.00 x
2015-12-31 GBX1.17 GBX489.00 x
2016-12-31 GBX1.33 GBX489.00 x
2017-12-31 GBX1.07 GBX489.00 x
2018-12-31 GBX1.15 GBX489.00 x
2019-12-31 GBX1.12 GBX489.00 x
2020-12-31 GBX1.94 GBX489.00 x
2021-12-31 GBX1.81 GBX489.00 x
2022-12-31 GBX2.35 GBX489.00 x
2023-12-31 GBX2.48 GBX489.00 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Good Energy 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): 6.85%
  • The company has moderate efficiency in generating returns from equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 1.13%
  • • Asset Turnover: 2.28x
  • • Equity Multiplier: 2.66x
  • Recent ROE (6.85%) is below the historical average (7.47%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2009 8.49% 2.56% 1.68x 1.98x GBX-83.00K
2010 8.77% 2.56% 0.94x 3.65x GBX-72.20K
2011 12.71% 3.95% 0.95x 3.40x GBX181.60K
2012 10.71% 4.20% 0.94x 2.71x GBX78.95K
2013 16.21% 6.61% 0.72x 3.40x GBX1.02 Million
2014 10.08% 3.14% 0.73x 4.42x GBX13.70K
2015 -1.15% -0.30% 0.69x 5.52x GBX-1.89 Million
2016 9.37% 2.20% 0.86x 4.95x GBX-133.50K
2017 7.19% 1.24% 0.86x 6.75x GBX-508.50K
2018 8.73% 1.41% 0.98x 6.31x GBX-238.60K
2019 1.35% 0.20% 1.07x 6.20x GBX-1.62 Million
2020 0.45% 0.11% 0.99x 4.07x GBX-3.10 Million
2021 -11.43% -2.32% 1.19x 4.14x GBX-6.35 Million
2022 23.67% 3.71% 2.14x 2.98x GBX5.33 Million
2023 6.85% 1.13% 2.28x 2.66x GBX-1.32 Million

Industry Comparison

This section compares Good Energy Group PLC's net assets metrics with peer companies in the Utilities - Renewable industry.

Industry Context

  • Industry: Utilities - Renewable
  • Average net assets among peers: $23,061,382,530
  • Average return on equity (ROE) among peers: -131.72%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Good Energy Group PLC (GOOD) GBX48.16 Million 8.49% 1.41x $11.01K
Amphion Innovations Plc (AMP) $16.69 Million -405.24% 4.27x $2.59K
Codex Acquisitions PLC (CODX) $19.68K -616.00% 1.54x $1.67
China Yangtze Power Co. Ltd. GDR (CYPC) $178.32 Billion 14.75% 0.86x $403.53 Billion
Downing Renewables & Infrastructure Trust PLC (DORE) $141.84 Million 7.14% 0.01x $115.86
MAST Energy Developments PLC (MAST) $657.19K -36.21% 3.41x $584.36
Atlantis Resources Ltd (SAE) $21.38 Million -26.09% 0.41x $2.42K
Renewables Infrastructure Grp (TRIG) $2.19 Billion 4.56% 0.00x $81.85
Greencoat UK Wind PLC (UKW) $3.79 Billion 3.33% 0.48x $116.18