Headlam Group
Headlam Group plc, together with its subsidiaries, engages in the sale, marketing, supply, and distribution of floorcovering and other ancillary products in the United Kingdom and Continental Europe. It offers its products to independent and multiple retailers, small and large contractors, and housebuilders. The company was incorporated in 1948 and is based in Birmingham, the United Kingdom.
Headlam Group (HEAD) - Net Assets
Latest net assets as of June 2025: GBX154.60 Million GBX
Based on the latest financial reports, Headlam Group (HEAD) has net assets worth GBX154.60 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 (GBX422.00 Million) and total liabilities (GBX267.40 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 | GBX154.60 Million |
| % of Total Assets | 36.64% |
| Annual Growth Rate | 12.78% |
| 5-Year Change | -13.18% |
| 10-Year Change | -3.74% |
| Growth Volatility | 35.95 |
Headlam Group - Net Assets Trend (1986–2024)
This chart illustrates how Headlam 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 Headlam Group (1986–2024)
The table below shows the annual net assets of Headlam Group from 1986 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | GBX191.00 Million | -13.34% |
| 2023-12-31 | GBX220.40 Million | -1.96% |
| 2022-12-31 | GBX224.80 Million | -3.15% |
| 2021-12-31 | GBX232.10 Million | +5.50% |
| 2020-12-31 | GBX220.00 Million | -10.23% |
| 2019-12-31 | GBX245.07 Million | +4.23% |
| 2018-12-31 | GBX235.12 Million | +7.57% |
| 2017-12-31 | GBX218.57 Million | +7.48% |
| 2016-12-31 | GBX203.37 Million | +2.49% |
| 2015-12-31 | GBX198.43 Million | +8.98% |
| 2014-12-31 | GBX182.08 Million | +2.58% |
| 2013-12-31 | GBX177.50 Million | +2.41% |
| 2012-12-31 | GBX173.33 Million | +4.07% |
| 2011-12-31 | GBX166.54 Million | +1.71% |
| 2010-12-31 | GBX163.74 Million | +7.28% |
| 2009-12-31 | GBX152.63 Million | -5.28% |
| 2008-12-31 | GBX161.13 Million | +7.39% |
| 2007-12-31 | GBX150.04 Million | -1.94% |
| 2006-12-31 | GBX153.01 Million | +12.65% |
| 2005-12-31 | GBX135.83 Million | +11.01% |
| 2004-12-31 | GBX122.36 Million | +13.02% |
| 2003-12-31 | GBX108.26 Million | +11.14% |
| 2002-12-31 | GBX97.41 Million | +10.36% |
| 2001-12-31 | GBX88.27 Million | +38.17% |
| 2000-12-31 | GBX63.88 Million | -46.52% |
| 1999-12-31 | GBX119.45 Million | +105.76% |
| 1998-12-31 | GBX58.05 Million | +29.05% |
| 1997-12-31 | GBX44.98 Million | +7.08% |
| 1996-12-31 | GBX42.01 Million | +40.68% |
| 1995-12-31 | GBX29.86 Million | +13.86% |
| 1994-12-31 | GBX26.23 Million | +36.15% |
| 1993-12-31 | GBX19.26 Million | +53.76% |
| 1992-12-31 | GBX12.53 Million | +109.57% |
| 1991-12-31 | GBX5.98 Million | -0.32% |
| 1990-12-31 | GBX6.00 Million | -11.25% |
| 1989-12-31 | GBX6.76 Million | +44.29% |
| 1988-12-31 | GBX4.68 Million | +155.76% |
| 1988-01-31 | GBX1.83 Million | +12.40% |
| 1987-01-31 | GBX1.63 Million | -8.07% |
| 1986-01-31 | GBX1.77 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Headlam 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 11654.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | GBX148.70 Million | 77.85% |
| Common Stock | GBX4.30 Million | 2.25% |
| Other Comprehensive Income | GBX3.30 Million | 1.73% |
| Other Components | GBX34.70 Million | 18.17% |
| Total Equity | GBX191.00 Million | 100.00% |
Headlam Group Competitors by Market Cap
The table below lists competitors of Headlam Group ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
BKK LIFE ASSUR NVDR
MU:XBLA
|
$5.57K |
|
ASHANTE GOLD CORPORATION
GSE:ASG
|
$5.58K |
|
RM Infrastructure Income PLC
LSE:RMII
|
$5.58K |
|
Tung Kuang Industrial JSC
VN:TKU
|
$5.58K |
|
Taiwan Environment Scientific Co., Ltd.
TW:8476
|
$5.55K |
|
Sunworks Inc
NASDAQ:SUNWQ
|
$5.55K |
|
R.E.A. Holdings plc
LSE:RE
|
$5.55K |
|
WI-LAN
BE:WJL
|
$5.54K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Headlam Group's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 220,400,000 to 191,000,000, a change of -29,400,000 (-13.3%).
- Net loss of 25,000,000 reduced equity.
- Dividend payments of 4,800,000 reduced retained earnings.
- Other comprehensive income decreased equity by 200,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | GBX-25.00 Million | -13.09% |
| Dividends Paid | GBX4.80 Million | -2.51% |
| Other Comprehensive Income | GBX-200.00K | -0.1% |
| Other Changes | GBX600.00K | +0.31% |
| Total Change | GBX- | -13.34% |
Book Value vs Market Value Analysis
This analysis compares Headlam 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: 18.53x
- 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 120.48x to 18.53x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1986-01-31 | GBX0.37 | GBX44.10 | x |
| 1987-01-31 | GBX0.34 | GBX44.10 | x |
| 1988-01-31 | GBX0.38 | GBX44.10 | x |
| 1988-12-31 | GBX0.57 | GBX44.10 | x |
| 1989-12-31 | GBX0.59 | GBX44.10 | x |
| 1990-12-31 | GBX0.52 | GBX44.10 | x |
| 1991-12-31 | GBX0.52 | GBX44.10 | x |
| 1992-12-31 | GBX0.54 | GBX44.10 | x |
| 1993-12-31 | GBX0.58 | GBX44.10 | x |
| 1994-12-31 | GBX0.65 | GBX44.10 | x |
| 1995-12-31 | GBX0.70 | GBX44.10 | x |
| 1996-12-31 | GBX0.82 | GBX44.10 | x |
| 1997-12-31 | GBX0.70 | GBX44.10 | x |
| 1998-12-31 | GBX0.84 | GBX44.10 | x |
| 1999-12-31 | GBX1.50 | GBX44.10 | x |
| 2000-12-31 | GBX0.76 | GBX44.10 | x |
| 2001-12-31 | GBX1.05 | GBX44.10 | x |
| 2002-12-31 | GBX1.15 | GBX44.10 | x |
| 2003-12-31 | GBX1.27 | GBX44.10 | x |
| 2004-12-31 | GBX1.42 | GBX44.10 | x |
| 2005-12-31 | GBX1.56 | GBX44.10 | x |
| 2006-12-31 | GBX1.75 | GBX44.10 | x |
| 2007-12-31 | GBX1.74 | GBX44.10 | x |
| 2008-12-31 | GBX1.94 | GBX44.10 | x |
| 2009-12-31 | GBX1.84 | GBX44.10 | x |
| 2010-12-31 | GBX1.97 | GBX44.10 | x |
| 2011-12-31 | GBX1.99 | GBX44.10 | x |
| 2012-12-31 | GBX2.08 | GBX44.10 | x |
| 2013-12-31 | GBX2.12 | GBX44.10 | x |
| 2014-12-31 | GBX2.18 | GBX44.10 | x |
| 2015-12-31 | GBX2.35 | GBX44.10 | x |
| 2016-12-31 | GBX2.41 | GBX44.10 | x |
| 2017-12-31 | GBX2.58 | GBX44.10 | x |
| 2018-12-31 | GBX2.78 | GBX44.10 | x |
| 2019-12-31 | GBX2.90 | GBX44.10 | x |
| 2020-12-31 | GBX2.61 | GBX44.10 | x |
| 2021-12-31 | GBX2.71 | GBX44.10 | x |
| 2022-12-31 | GBX2.67 | GBX44.10 | x |
| 2023-12-31 | GBX2.74 | GBX44.10 | x |
| 2024-12-31 | GBX2.38 | GBX44.10 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Headlam 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): -13.09%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -4.22%
- • Asset Turnover: 1.49x
- • Equity Multiplier: 2.08x
- Recent ROE (-13.09%) is below the historical average (9.57%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1986 | 0.93% | 0.22% | 1.89x | 2.22x | GBX-156.20K |
| 1987 | -5.89% | -1.45% | 1.86x | 2.18x | GBX-250.90K |
| 1988 | 11.45% | 3.13% | 1.78x | 2.06x | GBX25.90K |
| 1988 | 8.09% | 1.65% | 2.30x | 2.13x | GBX-88.30K |
| 1989 | 8.95% | 2.62% | 1.83x | 1.86x | GBX-70.70K |
| 1990 | 1.38% | 0.35% | 1.94x | 2.02x | GBX-512.70K |
| 1991 | 3.76% | 1.03% | 1.83x | 2.00x | GBX-369.80K |
| 1992 | 6.30% | 1.34% | 1.73x | 2.72x | GBX-461.80K |
| 1993 | 13.39% | 2.40% | 1.86x | 3.00x | GBX650.70K |
| 1994 | 15.23% | 2.97% | 1.82x | 2.82x | GBX1.37 Million |
| 1995 | 17.75% | 3.60% | 1.80x | 2.74x | GBX2.31 Million |
| 1996 | 18.73% | 4.22% | 1.69x | 2.63x | GBX3.66 Million |
| 1997 | 27.24% | 4.53% | 1.52x | 3.96x | GBX7.74 Million |
| 1998 | 27.19% | 4.81% | 1.82x | 3.11x | GBX9.97 Million |
| 1999 | 16.11% | 4.97% | 1.29x | 2.50x | GBX7.29 Million |
| 2000 | -74.78% | -10.64% | 1.88x | 3.73x | GBX-54.12 Million |
| 2001 | -0.58% | -0.12% | 1.76x | 2.80x | GBX-9.33 Million |
| 2002 | 21.09% | 5.19% | 1.68x | 2.41x | GBX10.80 Million |
| 2003 | 20.44% | 5.37% | 1.60x | 2.38x | GBX11.30 Million |
| 2004 | 21.86% | 5.75% | 1.56x | 2.43x | GBX14.51 Million |
| 2005 | 20.97% | 5.85% | 1.56x | 2.29x | GBX14.91 Million |
| 2006 | 19.93% | 5.98% | 1.52x | 2.19x | GBX15.19 Million |
| 2007 | 21.09% | 5.81% | 1.65x | 2.20x | GBX16.63 Million |
| 2008 | 17.80% | 5.15% | 1.53x | 2.25x | GBX12.57 Million |
| 2009 | 10.41% | 2.98% | 1.47x | 2.38x | GBX633.10K |
| 2010 | 10.92% | 3.34% | 1.47x | 2.23x | GBX1.51 Million |
| 2011 | 12.25% | 3.58% | 1.52x | 2.26x | GBX3.75 Million |
| 2012 | 12.33% | 3.65% | 1.52x | 2.22x | GBX4.04 Million |
| 2013 | 8.42% | 2.48% | 1.51x | 2.24x | GBX-2.81 Million |
| 2014 | 13.06% | 3.74% | 1.59x | 2.19x | GBX5.58 Million |
| 2015 | 14.32% | 4.34% | 1.57x | 2.10x | GBX8.57 Million |
| 2016 | 15.23% | 4.46% | 1.62x | 2.11x | GBX10.63 Million |
| 2017 | 15.06% | 4.65% | 1.58x | 2.05x | GBX11.06 Million |
| 2018 | 14.25% | 4.73% | 1.58x | 1.91x | GBX9.99 Million |
| 2019 | 11.66% | 3.97% | 1.45x | 2.03x | GBX4.06 Million |
| 2020 | -9.23% | -3.51% | 1.24x | 2.12x | GBX-42.30 Million |
| 2021 | 10.51% | 3.66% | 1.41x | 2.04x | GBX1.19 Million |
| 2022 | 14.95% | 5.06% | 1.52x | 1.94x | GBX11.12 Million |
| 2023 | 3.49% | 1.17% | 1.42x | 2.10x | GBX-14.34 Million |
| 2024 | -13.09% | -4.22% | 1.49x | 2.08x | GBX-44.10 Million |
Industry Comparison
This section compares Headlam Group's net assets metrics with peer companies in the Furnishings, Fixtures & Appliances industry.
Industry Context
- Industry: Furnishings, Fixtures & Appliances
- Average net assets among peers: $14,294,800
- Average return on equity (ROE) among peers: 16.67%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Headlam Group (HEAD) | GBX154.60 Million | 0.93% | 1.73x | $5.57K |
| Colefax Group (CFX) | $11.59 Million | 25.77% | 1.59x | $7.10K |
| Churchill China plc (CHH) | $22.45 Million | 11.93% | 0.57x | $5.43K |
| Likewise Group PLC (LIKE) | $11.59 Million | -26.51% | 2.20x | $7.43K |
| Ultimate Products Plc (ULTP) | $11.55 Million | 55.49% | 2.96x | $4.87K |