Hornby PLC

LSE:HRN UK Leisure
Market Cap
$13.31K
GBX109.41 Million GBX
Market Cap Rank
#47071 Global
#1013 in UK
Share Price
GBX0.65
Change (1 day)
+4.84%
52-Week Range
GBX0.42 - GBX15.25
All Time High
GBX97.00
Categories
Companies in UK Leisure
About

Hornby PLC, through its subsidiaries, designs, develops, sources, and distributes hobby and interactive products in the United Kingdom, the United States, Spain, Italy, and rest of Europe. The company offers products under various categories, including train sets, locomotives, wagons and coaches, track pieces and extension packs, signals and buildings, playtrains, exclusives and bundles, train pa… Read more

Hornby PLC (HRN) - Net Assets

Latest net assets as of March 2024: GBX24.32 Million GBX

Based on the latest financial reports, Hornby PLC (HRN) has net assets worth GBX24.32 Million GBX as of March 2024.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX55.12 Million) and total liabilities (GBX30.80 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 GBX24.32 Million
% of Total Assets 44.11%
Annual Growth Rate 8.78%
5-Year Change -34.29%
10-Year Change -23.43%
Growth Volatility 91.88

Hornby PLC - Net Assets Trend (1985–2024)

This chart illustrates how Hornby 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 Hornby PLC (1985–2024)

The table below shows the annual net assets of Hornby PLC from 1985 to 2024.

Year Net Assets Change
2024-03-31 GBX24.32 Million -32.53%
2023-03-31 GBX36.04 Million -16.40%
2022-03-31 GBX43.11 Million +12.69%
2021-03-31 GBX38.26 Million +3.38%
2020-03-31 GBX37.01 Million +43.44%
2019-03-31 GBX25.80 Million -16.41%
2018-03-31 GBX30.86 Million +4.05%
2017-03-31 GBX29.66 Million -7.70%
2016-03-31 GBX32.14 Million +1.20%
2015-03-31 GBX31.76 Million +1.23%
2014-03-31 GBX31.37 Million -13.82%
2013-03-31 GBX36.40 Million -7.10%
2012-03-31 GBX39.18 Million +6.56%
2011-03-31 GBX36.77 Million +0.38%
2010-03-31 GBX36.63 Million +16.08%
2009-03-31 GBX31.55 Million +0.29%
2008-03-31 GBX31.46 Million +12.99%
2007-03-31 GBX27.84 Million +11.99%
2006-03-31 GBX24.86 Million +14.20%
2005-03-31 GBX21.77 Million +25.64%
2004-03-31 GBX17.33 Million +12.69%
2003-03-31 GBX15.38 Million +16.84%
2002-03-31 GBX13.16 Million +9.66%
2001-03-31 GBX12.00 Million -11.06%
2000-03-31 GBX13.50 Million +1.70%
1999-03-31 GBX13.27 Million +1.85%
1998-03-31 GBX13.03 Million +10.13%
1997-03-31 GBX11.83 Million +13.51%
1996-03-31 GBX10.42 Million -29.39%
1994-12-31 GBX14.76 Million +2.56%
1993-12-31 GBX14.39 Million +1.12%
1992-12-31 GBX14.23 Million +1.51%
1991-12-31 GBX14.02 Million +1.87%
1990-12-31 GBX13.77 Million +20.39%
1989-12-31 GBX11.43 Million +53.31%
1988-12-31 GBX7.46 Million +1.98%
1987-12-31 GBX7.31 Million +12.06%
1986-12-31 GBX6.53 Million +570.02%
1985-12-31 GBX974.00K --

Equity Component Analysis

This analysis shows how different components contribute to Hornby 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 decreased by 2881700000.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (March 2024)

Component Amount Percentage
Common Stock GBX1.70 Million 6.98%
Other Comprehensive Income GBX-101.00K -0.41%
Other Components GBX52.86 Million 217.13%
Total Equity GBX24.34 Million 100.00%

Hornby PLC Competitors by Market Cap

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

Company Market Cap
Hapugastenne Plantations PLC
CM:HAPUN0000
 		$2.37K
Hydro Power Technologies Inc
PINK:PYBX
 		$2.37K
BANK MANDIRI
MU:PQ9
 		$2.37K
NEXCOM A/S DK -50
F:8XT
 		$2.37K
ROBUS GROUP AS EO -60
F:LH2
 		$2.37K
ITT Educational Services Inc
PINK:ESINQ
 		$2.37K
China Liberal Education Holdings
NASDAQ:CLEU
 		$2.37K
Checkit PLC
LSE:CKT
 		$2.37K

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 36,044,000 to 24,344,000, a change of -11,700,000 (-32.5%).
  • Net loss of 12,064,000 reduced equity.
  • Other comprehensive income increased equity by 364,001.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income GBX-12.06 Million -49.56%
Other Comprehensive Income GBX364.00K +1.5%
Other Changes GBX-1.00 -0.0%
Total Change GBX- -32.46%

Book Value vs Market Value Analysis

This analysis compares Hornby 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: 4.54x
  • 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 90.41x to 4.54x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1985-12-31 GBX0.01 GBX0.65 x
1986-12-31 GBX0.05 GBX0.65 x
1987-12-31 GBX0.05 GBX0.65 x
1988-12-31 GBX0.06 GBX0.65 x
1989-12-31 GBX0.08 GBX0.65 x
1990-12-31 GBX0.10 GBX0.65 x
1991-12-31 GBX0.10 GBX0.65 x
1992-12-31 GBX0.11 GBX0.65 x
1993-12-31 GBX0.11 GBX0.65 x
1994-12-31 GBX0.11 GBX0.65 x
1996-03-31 GBX0.08 GBX0.65 x
1997-03-31 GBX0.09 GBX0.65 x
1998-03-31 GBX0.10 GBX0.65 x
1999-03-31 GBX0.10 GBX0.65 x
2000-03-31 GBX0.10 GBX0.65 x
2001-03-31 GBX0.09 GBX0.65 x
2002-03-31 GBX0.10 GBX0.65 x
2003-03-31 GBX0.11 GBX0.65 x
2004-03-31 GBX0.13 GBX0.65 x
2005-03-31 GBX0.16 GBX0.65 x
2006-03-31 GBX0.18 GBX0.65 x
2007-03-31 GBX0.21 GBX0.65 x
2008-03-31 GBX0.23 GBX0.65 x
2009-03-31 GBX0.23 GBX0.65 x
2010-03-31 GBX0.27 GBX0.65 x
2011-03-31 GBX0.27 GBX0.65 x
2012-03-31 GBX0.29 GBX0.65 x
2013-03-31 GBX0.27 GBX0.65 x
2014-03-31 GBX0.23 GBX0.65 x
2015-03-31 GBX0.23 GBX0.65 x
2016-03-31 GBX0.24 GBX0.65 x
2017-03-31 GBX0.22 GBX0.65 x
2018-03-31 GBX0.23 GBX0.65 x
2019-03-31 GBX0.19 GBX0.65 x
2020-03-31 GBX0.27 GBX0.65 x
2021-03-31 GBX0.22 GBX0.65 x
2022-03-31 GBX0.25 GBX0.65 x
2023-03-31 GBX0.21 GBX0.65 x
2024-03-31 GBX0.14 GBX0.65 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Hornby 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): -49.56%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -21.45%
  • • Asset Turnover: 1.02x
  • • Equity Multiplier: 2.26x
  • Recent ROE (-49.56%) is below the historical average (4.90%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1985 27.82% 2.23% 1.46x 8.55x GBX173.60K
1986 6.02% 2.76% 1.30x 1.68x GBX-259.60K
1987 15.15% 5.51% 1.48x 1.86x GBX376.70K
1988 19.54% 6.22% 1.33x 2.36x GBX711.20K
1989 39.59% 14.15% 1.53x 1.83x GBX3.38 Million
1990 22.32% 7.78% 1.54x 1.86x GBX1.70 Million
1991 9.06% 3.96% 1.44x 1.58x GBX-132.30K
1992 6.68% 3.04% 1.34x 1.64x GBX-472.50K
1993 6.27% 3.20% 1.30x 1.51x GBX-536.40K
1994 5.29% 2.49% 1.42x 1.50x GBX-695.20K
1997 16.49% 6.53% 1.79x 1.41x GBX767.80K
1998 13.68% 7.17% 1.33x 1.43x GBX480.00K
1999 6.22% 3.89% 1.15x 1.39x GBX-501.10K
2000 5.99% 3.77% 1.12x 1.42x GBX-540.60K
2001 8.12% 3.96% 1.36x 1.51x GBX-225.30K
2002 18.18% 8.40% 1.39x 1.56x GBX1.08 Million
2003 25.31% 11.40% 1.48x 1.50x GBX2.35 Million
2004 25.94% 11.53% 1.40x 1.61x GBX2.76 Million
2005 25.68% 12.43% 1.44x 1.43x GBX3.41 Million
2006 23.56% 13.28% 1.30x 1.37x GBX3.37 Million
2007 19.80% 11.77% 1.22x 1.37x GBX2.73 Million
2008 19.32% 10.91% 1.25x 1.41x GBX2.93 Million
2009 13.35% 6.84% 1.06x 1.84x GBX1.06 Million
2010 10.06% 5.77% 0.99x 1.76x GBX22.20K
2011 7.76% 4.51% 0.99x 1.73x GBX-821.90K
2012 8.08% 4.91% 1.05x 1.56x GBX-754.10K
2013 -6.87% -4.36% 1.06x 1.48x GBX-6.14 Million
2014 -14.17% -8.62% 1.08x 1.52x GBX-7.58 Million
2015 -0.38% -0.21% 1.18x 1.55x GBX-3.30 Million
2016 -42.67% -24.60% 1.16x 1.50x GBX-16.93 Million
2017 -32.59% -20.38% 1.28x 1.25x GBX-12.63 Million
2018 -31.93% -27.64% 0.99x 1.16x GBX-12.94 Million
2019 -20.59% -16.22% 0.96x 1.32x GBX-7.89 Million
2020 -11.04% -10.79% 0.85x 1.21x GBX-7.79 Million
2021 3.56% 2.81% 0.99x 1.28x GBX-2.46 Million
2022 3.43% 2.75% 1.00x 1.25x GBX-2.83 Million
2023 -16.43% -10.75% 1.02x 1.50x GBX-9.53 Million
2024 -49.56% -21.45% 1.02x 2.26x GBX-14.50 Million

Industry Comparison

This section compares Hornby PLC's net assets metrics with peer companies in the Leisure industry.

Industry Context

  • Industry: Leisure
  • Average net assets among peers: $28,769,400
  • Average return on equity (ROE) among peers: 7.86%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Hornby PLC (HRN) GBX24.32 Million 27.82% 1.27x $2.37K
Hollywood Bowl Group PLC (BOWL) $101.64 Million 21.93% 0.57x $52.17K
Character Group (CCT) $11.74 Million 53.54% 1.99x $5.30K
Brighton Pier Group PLC (PIER) $19.27 Million 21.95% 2.93x $521.72
Tandem Group (TND) $3.09 Million 16.49% 4.27x $1.16K
XP Factory PLC (XPF) $8.10 Million -74.62% 0.56x $2.34K