Hays plc

LSE:HAS UK Staffing & Employment Services
Market Cap
$6.74 Million
GBX55.42 Billion GBX
Market Cap Rank
#41277 Global
#595 in UK
Share Price
GBX34.66
Change (1 day)
-1.53%
52-Week Range
GBX34.66 - GBX86.35
All Time High
GBX149.28
About

Hays plc engages in the provision of professional and skilled recruitment services in Germany, the United Kingdom, Ireland, Australia, New Zealand, and internationally. The company provides qualified, professional, and skilled recruitment; and temporary, contracting, and permanent recruitment and workforce solutions. Hays plc was founded in 1968 and is based in London, the United Kingdom.

Hays plc (HAS) - Net Assets

Latest net assets as of June 2025: GBX466.70 Million GBX

Based on the latest financial reports, Hays plc (HAS) has net assets worth GBX466.70 Million GBX as of June 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX1.77 Billion) and total liabilities (GBX1.30 Billion). 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 GBX466.70 Million
% of Total Assets 26.38%
Annual Growth Rate 7.05%
5-Year Change -46.47%
10-Year Change 1.94%
Growth Volatility 88.52

Hays plc - Net Assets Trend (1986–2025)

This chart illustrates how Hays 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 Hays plc (1986–2025)

The table below shows the annual net assets of Hays plc from 1986 to 2025.

Year Net Assets Change
2025-06-30 GBX466.70 Million -16.30%
2024-06-30 GBX557.60 Million -16.81%
2023-06-30 GBX670.30 Million -15.81%
2022-06-30 GBX796.20 Million -8.67%
2021-06-30 GBX871.80 Million +2.16%
2020-06-30 GBX853.40 Million +21.65%
2019-06-30 GBX701.50 Million +0.14%
2018-06-30 GBX700.50 Million +19.46%
2017-06-30 GBX586.40 Million +28.09%
2016-06-30 GBX457.80 Million +69.81%
2015-06-30 GBX269.60 Million +12.01%
2014-06-30 GBX240.70 Million +11.23%
2013-06-30 GBX216.40 Million +13.54%
2012-06-30 GBX190.60 Million -2.95%
2011-06-30 GBX196.40 Million +48.45%
2010-06-30 GBX132.30 Million -14.31%
2009-06-30 GBX154.40 Million +25.53%
2008-06-30 GBX123.00 Million +9.82%
2007-06-30 GBX112.00 Million +158.66%
2006-06-30 GBX43.30 Million -59.15%
2005-06-30 GBX106.00 Million +42.28%
2004-06-30 GBX74.50 Million +393.38%
2003-06-30 GBX15.10 Million -96.79%
2002-06-30 GBX470.10 Million +1.69%
2001-06-30 GBX462.30 Million +13.09%
2000-06-30 GBX408.80 Million +36.86%
1999-06-30 GBX298.70 Million +48.31%
1998-06-30 GBX201.40 Million +5.06%
1997-06-30 GBX191.70 Million -13.69%
1996-06-30 GBX222.10 Million +24.50%
1995-06-30 GBX178.40 Million +35.87%
1994-06-30 GBX131.30 Million -1.74%
1993-06-30 GBX133.62 Million -6.43%
1992-06-30 GBX142.80 Million +33.90%
1991-06-30 GBX106.65 Million +13.00%
1990-06-30 GBX94.38 Million +290.39%
1989-06-30 GBX-49.57 Million +32.29%
1988-06-30 GBX-73.21 Million -290.76%
1987-06-30 GBX38.38 Million +17.29%
1986-06-30 GBX32.72 Million --

Equity Component Analysis

This analysis shows how different components contribute to Hays 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 1210000000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (June 2025)

Component Amount Percentage
Retained Earnings GBX12.10 Million 2.59%
Common Stock GBX16.00 Million 3.43%
Other Comprehensive Income GBX69.00 Million 14.78%
Other Components GBX369.60 Million 79.19%
Total Equity GBX466.70 Million 100.00%

Hays plc Competitors by Market Cap

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

Equity Growth Attribution

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

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 557,600,000 to 466,700,000, a change of -90,900,000 (-16.3%).
  • Net loss of 7,800,000 reduced equity.
  • Dividend payments of 47,800,000 reduced retained earnings.
  • Other comprehensive income decreased equity by 41,000,000.
  • Other factors increased equity by 5,700,000.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income GBX-7.80 Million -1.67%
Dividends Paid GBX47.80 Million -10.24%
Other Comprehensive Income GBX-41.00 Million -8.79%
Other Changes GBX5.70 Million +1.22%
Total Change GBX- -16.30%

Book Value vs Market Value Analysis

This analysis compares Hays 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: 118.10x
  • 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 645.94x to 118.10x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1986-06-30 GBX0.05 GBX34.66 x
1987-06-30 GBX0.07 GBX34.66 x
1988-06-30 GBX-0.25 GBX34.66 x
1989-06-30 GBX-0.21 GBX34.66 x
1990-06-30 GBX0.06 GBX34.66 x
1991-06-30 GBX0.07 GBX34.66 x
1992-06-30 GBX0.09 GBX34.66 x
1993-06-30 GBX0.08 GBX34.66 x
1994-06-30 GBX0.08 GBX34.66 x
1995-06-30 GBX0.11 GBX34.66 x
1996-06-30 GBX0.13 GBX34.66 x
1997-06-30 GBX0.11 GBX34.66 x
1998-06-30 GBX0.12 GBX34.66 x
1999-06-30 GBX0.17 GBX34.66 x
2000-06-30 GBX0.24 GBX34.66 x
2001-06-30 GBX0.27 GBX34.66 x
2002-06-30 GBX0.27 GBX34.66 x
2003-06-30 GBX0.01 GBX34.66 x
2004-06-30 GBX0.04 GBX34.66 x
2005-06-30 GBX0.06 GBX34.66 x
2006-06-30 GBX0.03 GBX34.66 x
2007-06-30 GBX0.08 GBX34.66 x
2008-06-30 GBX0.09 GBX34.66 x
2009-06-30 GBX0.11 GBX34.66 x
2010-06-30 GBX0.10 GBX34.66 x
2011-06-30 GBX0.14 GBX34.66 x
2012-06-30 GBX0.14 GBX34.66 x
2013-06-30 GBX0.15 GBX34.66 x
2014-06-30 GBX0.17 GBX34.66 x
2015-06-30 GBX0.19 GBX34.66 x
2016-06-30 GBX0.32 GBX34.66 x
2017-06-30 GBX0.40 GBX34.66 x
2018-06-30 GBX0.48 GBX34.66 x
2019-06-30 GBX0.48 GBX34.66 x
2020-06-30 GBX0.56 GBX34.66 x
2021-06-30 GBX0.52 GBX34.66 x
2022-06-30 GBX0.47 GBX34.66 x
2023-06-30 GBX0.41 GBX34.66 x
2024-06-30 GBX0.35 GBX34.66 x
2025-06-30 GBX0.29 GBX34.66 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Hays 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): -1.67%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -0.12%
  • • Asset Turnover: 3.73x
  • • Equity Multiplier: 3.79x
  • Recent ROE (-1.67%) is above the historical average (-38.89%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1986 41.94% 8.84% 0.69x 6.90x GBX10.28 Million
1987 86.12% 16.37% 0.82x 6.38x GBX30.16 Million
1988 0.00% 4.97% 1.32x 0.00x GBX28.74 Million
1989 0.00% 6.21% 1.40x 0.00x GBX33.33 Million
1990 31.59% 4.36% 2.85x 2.54x GBX20.36 Million
1991 35.15% 5.61% 2.55x 2.46x GBX26.82 Million
1992 26.67% 10.03% 1.10x 2.42x GBX23.80 Million
1993 35.51% 9.66% 1.20x 3.06x GBX33.11 Million
1994 46.91% 9.38% 1.44x 3.48x GBX46.66 Million
1995 43.94% 9.38% 1.53x 3.05x GBX58.55 Million
1996 42.08% 9.43% 1.48x 3.02x GBX69.45 Million
1997 54.17% 9.14% 1.67x 3.56x GBX84.23 Million
1998 70.16% 9.08% 1.72x 4.50x GBX120.56 Million
1999 56.09% 8.89% 1.65x 3.83x GBX136.98 Million
2000 32.11% 5.90% 1.50x 3.62x GBX90.07 Million
2001 19.96% 3.50% 1.63x 3.49x GBX45.95 Million
2002 17.56% 3.36% 1.68x 3.11x GBX35.47 Million
2003 -3570.34% -20.72% 2.13x 80.96x GBX-519.15 Million
2004 88.99% 3.06% 4.08x 7.12x GBX58.85 Million
2005 137.64% 8.89% 3.22x 4.81x GBX135.30 Million
2006 427.02% 10.12% 3.30x 12.77x GBX180.57 Million
2007 148.66% 7.89% 3.23x 5.84x GBX155.30 Million
2008 153.01% 7.41% 3.43x 6.03x GBX175.90 Million
2009 68.52% 4.32% 3.53x 4.49x GBX90.36 Million
2010 7.03% 0.35% 3.44x 5.91x GBX-3.93 Million
2011 40.78% 2.46% 3.71x 4.47x GBX60.46 Million
2012 45.38% 2.37% 4.24x 4.53x GBX67.44 Million
2013 33.13% 1.94% 4.18x 4.09x GBX50.06 Million
2014 37.76% 2.47% 4.15x 3.69x GBX66.83 Million
2015 39.17% 2.75% 4.04x 3.53x GBX78.64 Million
2016 27.20% 2.94% 3.78x 2.44x GBX78.72 Million
2017 23.72% 2.74% 3.88x 2.23x GBX80.46 Million
2018 23.67% 2.88% 3.81x 2.15x GBX95.75 Million
2019 23.05% 2.66% 4.04x 2.14x GBX91.55 Million
2020 5.57% 0.80% 3.06x 2.27x GBX-37.84 Million
2021 7.05% 1.09% 3.01x 2.15x GBX-25.68 Million
2022 19.37% 2.34% 3.17x 2.61x GBX74.58 Million
2023 20.63% 1.82% 3.98x 2.84x GBX71.27 Million
2024 -0.88% -0.07% 3.91x 3.19x GBX-60.66 Million
2025 -1.67% -0.12% 3.73x 3.79x GBX-54.47 Million

Industry Comparison

This section compares Hays plc's net assets metrics with peer companies in the Staffing & Employment Services industry.

Industry Context

  • Industry: Staffing & Employment Services
  • Average net assets among peers: $56,330,800
  • Average return on equity (ROE) among peers: -11.44%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Hays plc (HAS) GBX466.70 Million 41.94% 2.79x $90.26K
Empresaria Group plc (EMR) $48.00 Million 1.04% 1.86x $1.37K
GATTACA Plc (GATC) $76.54 Million 10.86% 1.06x $3.60K
Hercules Site Services PLC (HERC) $3.71 Million 21.21% 1.37x $5.54K
Norman Broadbent Plc (NBB) $639.00K -30.05% 2.52x $531.83
RTC Group plc (RTC) $1.81 Million -129.20% 1.30x $1.58K
Robert Walters (RWA) $62.21 Million 13.84% 1.47x $9.68K
Staffline Group Plc (STAF) $22.64 Million 13.26% 0.89x $7.16K
SThree plc (STEM) $235.10 Million 7.52% 1.06x $26.75K