LBG Media PLC
LBG Media plc operates an online media publisher in the United Kingdom, Ireland, Australia, the United States, and internationally. The company produces articles, celebrity interviews, documentaries, reality shows, political live-streams, and hard-hitting social purpose campaigns. It also offers its products through various brands, such as LADbible, a news site; Gamingbible that provides content … Read more
LBG Media PLC (LBG) - Net Assets
Latest net assets as of September 2024: GBX73.16 Million GBX
Based on the latest financial reports, LBG Media PLC (LBG) has net assets worth GBX73.16 Million GBX as of September 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX97.14 Million) and total liabilities (GBX23.98 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 | GBX73.16 Million |
| % of Total Assets | 75.31% |
| Annual Growth Rate | 50.63% |
| 5-Year Change | 414.59% |
| 10-Year Change | N/A |
| Growth Volatility | 82.04 |
LBG Media PLC - Net Assets Trend (2016–2024)
This chart illustrates how LBG Media 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 LBG Media PLC (2016–2024)
The table below shows the annual net assets of LBG Media PLC from 2016 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-09-30 | GBX73.16 Million | +12.29% |
| 2023-12-31 | GBX65.15 Million | +6.41% |
| 2022-12-31 | GBX61.23 Million | +17.11% |
| 2021-12-31 | GBX52.28 Million | +267.74% |
| 2020-12-31 | GBX14.22 Million | +32.52% |
| 2019-12-31 | GBX10.73 Million | +19.27% |
| 2018-12-31 | GBX8.99 Million | +50.34% |
| 2017-12-31 | GBX5.98 Million | +95.46% |
| 2016-12-31 | GBX3.06 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to LBG Media 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 1421.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (September 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | GBX46.57 Million | 63.66% |
| Common Stock | GBX209.00K | 0.29% |
| Other Comprehensive Income | GBX-2.62 Million | -3.57% |
| Other Components | GBX28.99 Million | 39.63% |
| Total Equity | GBX73.16 Million | 100.00% |
LBG Media PLC Competitors by Market Cap
The table below lists competitors of LBG Media PLC ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Starward Industries S.A.
WAR:STA
|
$22.42K |
|
Central Pharmaceutical JSC No3
VN:DP3
|
$22.44K |
|
Gold'n Futures Mineral Corp
PINK:GFTRF
|
$22.46K |
|
Gibui Holdings Ltd
TA:GIBUI
|
$22.47K |
|
FILTRONIC (FTI.SG)
STU:FTI
|
$22.37K |
|
Harmony Acquisitions Corp.
V:MONY-P
|
$22.35K |
|
Abans Financial Services Limited
NSE:AFSL
|
$22.32K |
|
DELTICOM N
MU:DEX
|
$22.31K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in LBG Media PLC's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 65,153,000 to 73,159,000, a change of 8,006,000 (12.3%).
- Net income of 9,855,998 contributed positively to equity growth.
- Other comprehensive income decreased equity by 1,562,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | GBX9.86 Million | +13.47% |
| Other Comprehensive Income | GBX-1.56 Million | -2.14% |
| Other Changes | GBX-288.00K | -0.39% |
| Total Change | GBX- | 12.29% |
Book Value vs Market Value Analysis
This analysis compares LBG Media 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: 183.01x
- 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 increased from 0.30x to 183.01x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | GBX204.74 | GBX61.50 | x |
| 2017-12-31 | GBX400.17 | GBX61.50 | x |
| 2018-12-31 | GBX0.04 | GBX61.50 | x |
| 2019-12-31 | GBX0.52 | GBX61.50 | x |
| 2020-12-31 | GBX0.69 | GBX61.50 | x |
| 2021-12-31 | GBX0.25 | GBX61.50 | x |
| 2022-12-31 | GBX0.29 | GBX61.50 | x |
| 2023-12-31 | GBX0.30 | GBX61.50 | x |
| 2024-09-30 | GBX0.34 | GBX61.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently LBG Media 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): 13.47%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 11.38%
- • Asset Turnover: 0.89x
- • Equity Multiplier: 1.33x
- Recent ROE (13.47%) is below the historical average (21.57%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 38.58% | 13.55% | 1.57x | 1.81x | GBX874.84K |
| 2017 | 51.53% | 20.11% | 1.69x | 1.52x | GBX2.48 Million |
| 2018 | 32.42% | 14.32% | 0.50x | 4.48x | GBX2.02 Million |
| 2019 | 15.99% | 5.91% | 0.77x | 3.52x | GBX642.20K |
| 2020 | 20.89% | 9.84% | 0.74x | 2.88x | GBX1.55 Million |
| 2021 | 10.01% | 9.60% | 0.79x | 1.31x | GBX2.90K |
| 2022 | 8.73% | 8.51% | 0.89x | 1.15x | GBX-775.60K |
| 2023 | 2.56% | 2.47% | 0.74x | 1.40x | GBX-4.85 Million |
| 2024 | 13.47% | 11.38% | 0.89x | 1.33x | GBX2.54 Million |
Industry Comparison
This section compares LBG Media PLC's net assets metrics with peer companies in the Publishing industry.
Industry Context
- Industry: Publishing
- Average net assets among peers: $173,941,333
- Average return on equity (ROE) among peers: -2.35%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| LBG Media PLC (LBG) | GBX73.16 Million | 38.58% | 0.33x | $22.39K |
| Bloomsbury Publishing Plc (BMY) | $18.42 Million | 9.80% | 0.78x | $58.26K |
| Reach PLC (RCH) | $571.70 Million | -16.86% | 1.20x | $21.46K |
| Smiths News PLC (SNWS) | $-68.30 Million | 0.00% | 0.00x | $19.44K |