in Style Group PLC
Itsarm plc, together with its subsidiaries, operates as an e-commerce womenswear fashion brand in the United Kingdom, the rest of Europe, and internationally. It sells various fashion items through its e-commerce websites and proprietary In The Style app, as well as through digital retail wholesale partners. The company was incorporated in 2013 and is headquartered in Salford, the United Kingdom.
in Style Group PLC (ITS) - Net Assets
Latest net assets as of September 2022: GBX7.68 Million GBX
Based on the latest financial reports, in Style Group PLC (ITS) has net assets worth GBX7.68 Million GBX as of September 2022.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX26.27 Million) and total liabilities (GBX18.59 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 | GBX7.68 Million |
| % of Total Assets | 29.24% |
| Annual Growth Rate | 85.14% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 76.42 |
in Style Group PLC - Net Assets Trend (2018–2022)
This chart illustrates how in Style 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 in Style Group PLC (2018–2022)
The table below shows the annual net assets of in Style Group PLC from 2018 to 2022.
| Year | Net Assets | Change |
|---|---|---|
| 2022-03-31 | GBX10.71 Million | -4.18% |
| 2021-03-31 | GBX11.18 Million | +517.74% |
| 2020-03-31 | GBX-2.68 Million | -414.81% |
| 2019-03-31 | GBX-520.00K | -157.02% |
| 2018-03-31 | GBX912.00K | -- |
Equity Component Analysis
This analysis shows how different components contribute to in Style 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 245600000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2022)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | GBX131.00K | 1.22% |
| Other Comprehensive Income | GBX861.00K | 8.04% |
| Other Components | GBX10.88 Million | 101.58% |
| Total Equity | GBX10.71 Million | 100.00% |
in Style Group PLC Competitors by Market Cap
The table below lists competitors of in Style Group PLC ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
CeCors Inc
PINK:CEOS
|
$49.69 |
|
McHenry Metals Golf Corp
OTCGREY:GLFN
|
$49.73 |
|
DIRE CIPTADANA PROPERTI PERHOTELAN PADJAJARAN
JK:XCIS
|
$49.74 |
|
Philippine Estates Corp
PSE:PHES
|
$49.99 |
|
H C Slingsby PLC
LSE:SLNG
|
$49.27 |
|
Mesa Home Resources Inc
PINK:MHRE
|
$49.19 |
|
Blue Note Mining Inc
PINK:BLNMF
|
$49.18 |
|
EPISTEM HOLD
BE:D6M
|
$49.01 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in in Style Group PLC's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2021 to 2022, total equity changed from 11,183,000 to 10,715,000, a change of -468,000 (-4.2%).
- Net loss of 1,329,000 reduced equity.
- Dividend payments of 1,250,000 reduced retained earnings.
- Other comprehensive income increased equity by 861,000.
- Other factors increased equity by 1,250,000.
Equity Change Factors (2021 to 2022)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | GBX-1.33 Million | -12.4% |
| Dividends Paid | GBX1.25 Million | -11.67% |
| Other Comprehensive Income | GBX861.00K | +8.04% |
| Other Changes | GBX1.25 Million | +11.67% |
| Total Change | GBX- | -4.18% |
Book Value vs Market Value Analysis
This analysis compares in Style 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: 26458.24x
- 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 310855.25x to 26458.24x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-03-31 | GBX0.02 | GBX5400.00 | x |
| 2019-03-31 | GBX-0.01 | GBX5400.00 | x |
| 2020-03-31 | GBX-0.05 | GBX5400.00 | x |
| 2021-03-31 | GBX0.21 | GBX5400.00 | x |
| 2022-03-31 | GBX0.20 | GBX5400.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently in Style 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): -12.40%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -2.32%
- • Asset Turnover: 3.05x
- • Equity Multiplier: 1.75x
- Recent ROE (-12.40%) is above the historical average (-74.76%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | -367.00% | -22.73% | 3.35x | 4.82x | GBX-3.44 Million |
| 2019 | 0.00% | -10.68% | 2.64x | 0.00x | GBX-1.78 Million |
| 2020 | 0.00% | -11.17% | 3.33x | 0.00x | GBX-1.89 Million |
| 2021 | 5.59% | 1.40% | 2.51x | 1.59x | GBX-493.30K |
| 2022 | -12.40% | -2.32% | 3.05x | 1.75x | GBX-2.40 Million |
Industry Comparison
This section compares in Style Group PLC's net assets metrics with peer companies in the Shell Companies industry.
Industry Context
- Industry: Shell Companies
- Average net assets among peers: $829,948
- Average return on equity (ROE) among peers: -39.87%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| in Style Group PLC (ITS) | GBX7.68 Million | -367.00% | 2.42x | $49.50 |
| Acceler8 Ventures PLC (AC8) | $168.72K | -109.65% | 0.49x | $91.25 |
| Alkemy Capital Investments Plc (ALK) | $-824.59K | 0.00% | 0.00x | $5.48K |
| Alteration Earth PLC (ALTE) | $796.48K | -34.33% | 0.07x | $273.76 |
| ARDANA (ARA) | $779.77K | -0.03% | 0.05x | $44.71 |
| Bay Capital PLC (BAY) | $5.12 Million | -25.54% | 0.19x | $508.89 |
| Beacon Rise Holdings PLC (BRS) | $285.17K | -0.04% | 0.25x | $274.78 |
| EARNZ plc (EARN) | $2.74 Million | -81.47% | 0.31x | $896.10 |
| Electric Guitar PLC (ELEG) | $-912.93K | 0.00% | 0.00x | $125.95 |
| Ikigai Ventures Ltd (IKIV) | $-18.49K | 0.00% | 0.00x | $1.06K |
| Inspirit Energy Holdings Plc (INSP) | $170.00K | -147.65% | 0.70x | $19.06 |