Just Group plc (JUST) - Net Assets

Latest as of June 2025: GBX1.27 Billion GBX ≈ $154.04K USD

Based on the latest financial reports, Just Group plc (JUST) has net assets worth GBX1.27 Billion GBX (≈ $154.04K USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX38.69 Billion ≈ $4.71 Million USD) and total liabilities (GBX37.43 Billion ≈ $4.55 Million 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 JUST financial resilience to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	GBX1.27 Billion
% of Total Assets	3.27%
Annual Growth Rate	24.47%
5-Year Change	-49.97%
10-Year Change	-25.67%
Growth Volatility	122.54

Just Group plc - Net Assets Trend (2011–2024)

This chart illustrates how Just Group plc's net assets have evolved over time, based on quarterly financial data. Also explore Just Group plc assets under control for the complete picture of this company's asset base.

Annual Net Assets for Just Group plc (2011–2024)

The table below shows the annual net assets of Just Group plc from 2011 to 2024. For live valuation and market cap data, see JUST market cap.

Year	Net Assets	Change
2024-12-31	GBX1.25 Billion ≈ $151.60K	+3.57%
2023-12-31	GBX1.20 Billion ≈ $146.37K	-44.76%
2022-12-31	GBX2.18 Billion ≈ $264.98K	-10.75%
2021-12-31	GBX2.44 Billion ≈ $296.88K	-2.02%
2020-12-31	GBX2.49 Billion ≈ $303.01K	+7.30%
2019-12-31	GBX2.32 Billion ≈ $282.40K	+39.50%
2018-12-31	GBX1.66 Billion ≈ $202.44K	-4.41%
2017-12-31	GBX1.74 Billion ≈ $211.77K	+8.07%
2016-12-31	GBX1.61 Billion ≈ $195.96K	-3.93%
2016-06-30	GBX1.68 Billion ≈ $203.97K	+105.95%
2015-06-30	GBX814.00 Million ≈ $99.04K	-4.55%
2014-06-30	GBX852.80 Million ≈ $103.76K	+468.15%
2013-06-30	GBX150.10 Million ≈ $18.26K	+88.57%
2012-06-30	GBX79.60 Million ≈ $9.69K	+22.84%
2011-06-30	GBX64.80 Million ≈ $7.88K	--

Equity Component Analysis

This analysis shows how different components contribute to Just 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 decreased by 21100000000.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Common Stock	GBX104.00 Million	8.35%
Other Comprehensive Income	GBX1.27 Billion	101.61%
Other Components	GBX95.00 Million	7.62%
Total Equity	GBX1.25 Billion	100.00%

Just Group plc Competitors by Market Cap

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

Company	Market Cap
Australian Dairy Nutritionals Ltd AU:AHF	$11.87 Million
Rajnandini Metal Limited NSE:RAJMET	$11.87 Million
Archos PA:ALJXR	$11.87 Million
New Era Helium Inc Common Stock NASDAQ:NEHC	$11.87 Million
Talisman Mining Ltd AU:TLM	$11.86 Million
S F Capital Bhd KLSE:8745	$11.86 Million
Taranis Resources Inc V:TRO	$11.85 Million
ABERA BIOSCIENCE AB F:8WK	$11.85 Million

Equity Growth Attribution

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

Equity Growth Insights

From 2023 to 2024, total equity changed from 1,205,000,000 to 1,246,000,000, a change of 41,000,000 (3.4%).
Net income of 80,000,000 contributed positively to equity growth.
Dividend payments of 23,000,000 reduced retained earnings.
Other comprehensive income increased equity by 1,000,000.
Other factors decreased equity by 17,000,000.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	GBX80.00 Million	+6.42%
Dividends Paid	GBX23.00 Million	-1.85%
Other Comprehensive Income	GBX1.00 Million	+0.08%
Other Changes	GBX-17.00 Million	-1.36%
Total Change	GBX-	3.40%

Book Value vs Market Value Analysis

This analysis compares Just 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: 78.34x
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 1076.21x to 78.34x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2011-06-30	GBX0.09	GBX93.86	x
2012-06-30	GBX0.11	GBX93.86	x
2013-06-30	GBX0.42	GBX93.86	x
2014-06-30	GBX1.90	GBX93.86	x
2015-06-30	GBX1.63	GBX93.86	x
2016-06-30	GBX2.64	GBX93.86	x
2016-12-31	GBX2.19	GBX93.86	x
2017-12-31	GBX1.86	GBX93.86	x
2018-12-31	GBX1.78	GBX93.86	x
2019-12-31	GBX2.27	GBX93.86	x
2020-12-31	GBX2.39	GBX93.86	x
2021-12-31	GBX2.36	GBX93.86	x
2022-12-31	GBX2.11	GBX93.86	x
2023-12-31	GBX1.15	GBX93.86	x
2024-12-31	GBX1.20	GBX93.86	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Just 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): 6.42%
The company has moderate efficiency in generating returns from equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 0.00%
• Asset Turnover: -0.04x
• Equity Multiplier: 30.43x
Recent ROE (6.42%) is below the historical average (7.07%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2011	0.92%	0.11%	0.10x	89.89x	GBX-5.90 Million
2012	18.16%	1.78%	0.10x	102.83x	GBX6.56 Million
2013	38.47%	6.05%	0.10x	64.52x	GBX43.07 Million
2014	8.55%	5.09%	0.13x	13.31x	GBX-12.38 Million
2015	-3.05%	-0.97%	0.23x	13.82x	GBX-106.20 Million
2016	12.57%	8.87%	0.10x	13.72x	GBX43.06 Million
2016	6.11%	3.74%	0.15x	11.08x	GBX-62.73 Million
2017	8.91%	5.22%	0.12x	13.88x	GBX-18.95 Million
2018	-3.83%	-2.22%	0.12x	14.39x	GBX-230.14 Million
2019	13.03%	10.01%	0.14x	9.55x	GBX70.42 Million
2020	7.77%	4.18%	0.18x	10.05x	GBX-55.63 Million
2021	-1.45%	-1.10%	0.13x	10.46x	GBX-279.59 Million
2022	-17.25%	-6.60%	0.23x	11.39x	GBX-594.03 Million
2023	10.71%	14.14%	0.03x	26.42x	GBX8.50 Million
2024	6.42%	0.00%	-0.04x	30.43x	GBX-44.60 Million

Industry Comparison

This section compares Just Group plc's net assets metrics with peer companies in the Insurance - Specialty industry.

Industry Context

Industry: Insurance - Specialty
Average net assets among peers: $1,213,650,000
Average return on equity (ROE) among peers: 24.93%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Just Group plc (JUST)	GBX1.27 Billion	0.92%	29.56x	$11.86 Million
Beazley plc (BEZ)	$1.21 Billion	17.71%	4.33x	$91.48 Million
Lancashire Holdings Ltd (LRE)	$1.22 Billion	32.16%	0.84x	$16.93 Million

About Just Group plc

LSE:JUST UK Insurance - Specialty

Market Cap

$11.86 Million

GBX97.49 Billion GBX

Market Cap Rank

#26443 Global

#321 in UK

Share Price

GBX93.86

Change (1 day)

-57.14%

52-Week Range

GBX93.86 - GBX219.00

All Time High

GBX219.00