Hornby PLC (HRN) - Net Assets
Based on the latest financial reports, Hornby PLC (HRN) has net assets worth GBX24.32 Million GBX (≈ $2.96K USD) 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 ≈ $6.71K USD) and total liabilities (GBX30.80 Million ≈ $3.75K USD). 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. Check how resilient are Hornby PLC's assets to evaluate the company's liquid asset resilience ratio.
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. Also explore HRN total asset value for the complete picture of this company's asset base.
Annual Net Assets for Hornby PLC (1985–2024)
The table below shows the annual net assets of Hornby PLC from 1985 to 2024. For live valuation and market cap data, see HRN stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-03-31 | GBX24.32 Million ≈ $2.96K |
-32.53% |
| 2023-03-31 | GBX36.04 Million ≈ $4.38K |
-16.40% |
| 2022-03-31 | GBX43.11 Million ≈ $5.25K |
+12.69% |
| 2021-03-31 | GBX38.26 Million ≈ $4.65K |
+3.38% |
| 2020-03-31 | GBX37.01 Million ≈ $4.50K |
+43.44% |
| 2019-03-31 | GBX25.80 Million ≈ $3.14K |
-16.41% |
| 2018-03-31 | GBX30.86 Million ≈ $3.76K |
+4.05% |
| 2017-03-31 | GBX29.66 Million ≈ $3.61K |
-7.70% |
| 2016-03-31 | GBX32.14 Million ≈ $3.91K |
+1.20% |
| 2015-03-31 | GBX31.76 Million ≈ $3.86K |
+1.23% |
| 2014-03-31 | GBX31.37 Million ≈ $3.82K |
-13.82% |
| 2013-03-31 | GBX36.40 Million ≈ $4.43K |
-7.10% |
| 2012-03-31 | GBX39.18 Million ≈ $4.77K |
+6.56% |
| 2011-03-31 | GBX36.77 Million ≈ $4.47K |
+0.38% |
| 2010-03-31 | GBX36.63 Million ≈ $4.46K |
+16.08% |
| 2009-03-31 | GBX31.55 Million ≈ $3.84K |
+0.29% |
| 2008-03-31 | GBX31.46 Million ≈ $3.83K |
+12.99% |
| 2007-03-31 | GBX27.84 Million ≈ $3.39K |
+11.99% |
| 2006-03-31 | GBX24.86 Million ≈ $3.03K |
+14.20% |
| 2005-03-31 | GBX21.77 Million ≈ $2.65K |
+25.64% |
| 2004-03-31 | GBX17.33 Million ≈ $2.11K |
+12.69% |
| 2003-03-31 | GBX15.38 Million ≈ $1.87K |
+16.84% |
| 2002-03-31 | GBX13.16 Million ≈ $1.60K |
+9.66% |
| 2001-03-31 | GBX12.00 Million ≈ $1.46K |
-11.06% |
| 2000-03-31 | GBX13.50 Million ≈ $1.64K |
+1.70% |
| 1999-03-31 | GBX13.27 Million ≈ $1.61K |
+1.85% |
| 1998-03-31 | GBX13.03 Million ≈ $1.59K |
+10.13% |
| 1997-03-31 | GBX11.83 Million ≈ $1.44K |
+13.51% |
| 1996-03-31 | GBX10.42 Million ≈ $1.27K |
-29.39% |
| 1994-12-31 | GBX14.76 Million ≈ $1.80K |
+2.56% |
| 1993-12-31 | GBX14.39 Million ≈ $1.75K |
+1.12% |
| 1992-12-31 | GBX14.23 Million ≈ $1.73K |
+1.51% |
| 1991-12-31 | GBX14.02 Million ≈ $1.71K |
+1.87% |
| 1990-12-31 | GBX13.77 Million ≈ $1.67K |
+20.39% |
| 1989-12-31 | GBX11.43 Million ≈ $1.39K |
+53.31% |
| 1988-12-31 | GBX7.46 Million ≈ $907.42 |
+1.98% |
| 1987-12-31 | GBX7.31 Million ≈ $889.78 |
+12.06% |
| 1986-12-31 | GBX6.53 Million ≈ $794.03 |
+570.02% |
| 1985-12-31 | GBX974.00K ≈ $118.51 |
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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 |
|---|---|
|
HYGEIA HC HLDGS DL-00001
F:50I
|
$13.32K |
|
Thai Oil PCL
STU:LQZ
|
$13.50K |
|
Alpine 4 Holdings Inc
NASDAQ:ALPP
|
$13.53K |
|
Eos Energy Enterprises Inc
NASDAQ:EOSEW
|
$13.56K |
|
Thai Oil Public Company Limited
F:LQZ
|
$13.26K |
|
Revolution Private Credit
AU:REV
|
$12.77K |
|
Europa Metals Ltd
LSE:EUZ
|
$12.74K |
|
PureCycle Technologies Inc
NASDAQ:PCTTW
|
$12.71K |
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: $77,311,750
- Average return on equity (ROE) among peers: -16.29%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hornby PLC (HRN) | GBX24.32 Million | 27.82% | 1.27x | $13.31K |
| Hollywood Bowl Group PLC (BOWL) | $138.42 Million | 27.06% | 1.66x | $5.18 Million |
| Character Group (CCT) | $34.14 Million | 23.16% | 1.58x | $527.65K |
| Games Workshop Group PLC (GAW) | $235.10 Million | 57.29% | 0.39x | $80.52 Million |
| The GYM Group PLC (GYM) | $134.00 Million | -14.40% | 3.44x | $3.73 Million |
| Brighton Pier Group PLC (PIER) | $3.93 Million | -146.93% | 1.91x | $52.17K |
| Tandem Group (TND) | $5.56 Million | 12.10% | 1.78x | $114.13K |
| Focusrite Plc (TUNE) | $56.90 Million | 7.19% | 0.84x | $1.40 Million |
| XP Factory PLC (XPF) | $10.45 Million | -95.75% | 0.22x | $325.00K |
About Hornby PLC
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