Loungers PLC
Loungers plc operates cafés, bars, and restaurants under the Lounge and Cosy Club brand names in England and Wales. The company was founded in 2002 and is based in Bristol, the United Kingdom.
Loungers PLC (LGRS) - Net Assets
Latest net assets as of April 2024: GBX156.39 Million GBX
Based on the latest financial reports, Loungers PLC (LGRS) has net assets worth GBX156.39 Million GBX as of April 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX409.83 Million) and total liabilities (GBX253.44 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 | GBX156.39 Million |
| % of Total Assets | 38.16% |
| Annual Growth Rate | 47.41% |
| 5-Year Change | 37.2% |
| 10-Year Change | 3366.0% |
| Growth Volatility | 60.49 |
Loungers PLC - Net Assets Trend (2015–2024)
This chart illustrates how Loungers 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 Loungers PLC (2015–2024)
The table below shows the annual net assets of Loungers PLC from 2015 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-04-30 | GBX156.39 Million | +8.11% |
| 2023-04-30 | GBX144.65 Million | +7.86% |
| 2022-04-30 | GBX134.11 Million | +18.77% |
| 2021-04-30 | GBX112.92 Million | -0.93% |
| 2020-04-30 | GBX113.98 Million | +839.85% |
| 2019-04-30 | GBX-15.41 Million | -63.95% |
| 2018-04-30 | GBX-9.40 Million | -276.94% |
| 2017-04-30 | GBX-2.49 Million | 0.00% |
| 2017-04-23 | GBX-2.49 Million | -155.25% |
| 2016-04-30 | GBX4.51 Million | -4.68% |
| 2015-04-26 | GBX4.73 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Loungers 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 3019.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (April 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | GBX147.66 Million | 94.42% |
| Common Stock | GBX1.04 Million | 0.66% |
| Other Components | GBX7.69 Million | 4.92% |
| Total Equity | GBX156.39 Million | 100.00% |
Loungers PLC Competitors by Market Cap
The table below lists competitors of Loungers PLC ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
PANNERGY PLC
BUD:PERGY
|
$42.89K |
|
ROBOSENSE TECHNOLOGY CO
NYSE:RBSTF
|
$42.94K |
|
Crixus BH3 Acquisition Company Warrants
PINK:BHACW
|
$42.97K |
|
TIM S.A.
SA:TIMS3
|
$42.98K |
|
HGCAPITAL TRUST LS-025
F:5AC
|
$42.85K |
|
FIRSTRAND (FSRA.SG)
STU:FSRA
|
$42.85K |
|
ZIJIN MINING -H-
MU:FJZ
|
$42.84K |
|
JOB SOLUTION SWEDEN HLDG
F:Y6T
|
$42.83K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Loungers PLC's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 144,652,000 to 156,386,000, a change of 11,734,000 (8.1%).
- Net income of 9,124,000 contributed positively to equity growth.
- Share repurchases of 376,000 reduced equity.
- Other comprehensive income decreased equity by 18,502,000.
- Other factors increased equity by 22,014,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | GBX9.12 Million | +5.83% |
| Share Repurchases | GBX376.00K | -0.24% |
| Other Comprehensive Income | GBX-18.50 Million | -11.83% |
| Other Changes | GBX22.01 Million | +14.08% |
| Total Change | GBX- | 8.11% |
Book Value vs Market Value Analysis
This analysis compares Loungers 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: 223.34x
- 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 6642.29x to 223.34x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-04-30 | GBX0.05 | GBX324.00 | x |
| 2017-04-30 | GBX-0.03 | GBX324.00 | x |
| 2018-04-30 | GBX-0.10 | GBX324.00 | x |
| 2019-04-30 | GBX-0.17 | GBX324.00 | x |
| 2020-04-30 | GBX1.22 | GBX324.00 | x |
| 2021-04-30 | GBX1.08 | GBX324.00 | x |
| 2022-04-30 | GBX1.27 | GBX324.00 | x |
| 2023-04-30 | GBX1.38 | GBX324.00 | x |
| 2024-04-30 | GBX1.45 | GBX324.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Loungers 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): 5.83%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.58%
- • Asset Turnover: 0.86x
- • Equity Multiplier: 2.62x
- Recent ROE (5.83%) is above the historical average (-1.17%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | -14.58% | -0.96% | 1.01x | 15.00x | GBX-1.11 Million |
| 2017 | 0.00% | -7.94% | 0.53x | 0.00x | GBX-7.04 Million |
| 2017 | 0.00% | -7.94% | 0.53x | 0.00x | GBX-7.04 Million |
| 2018 | 0.00% | -5.99% | 0.65x | 0.00x | GBX-6.31 Million |
| 2019 | 0.00% | -3.75% | 0.76x | 0.00x | GBX-4.20 Million |
| 2020 | -11.25% | -7.70% | 0.57x | 2.57x | GBX-24.22 Million |
| 2021 | -9.87% | -14.22% | 0.27x | 2.58x | GBX-22.43 Million |
| 2022 | 13.33% | 7.53% | 0.69x | 2.55x | GBX4.47 Million |
| 2023 | 4.79% | 2.44% | 0.74x | 2.64x | GBX-7.54 Million |
| 2024 | 5.83% | 2.58% | 0.86x | 2.62x | GBX-6.51 Million |
Industry Comparison
This section compares Loungers PLC's net assets metrics with peer companies in the Restaurants industry.
Industry Context
- Industry: Restaurants
- Average net assets among peers: $31,064,762
- Average return on equity (ROE) among peers: 577.93%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Loungers PLC (LGRS) | GBX156.39 Million | -14.58% | 1.62x | $42.89K |
| Bow Street Group plc (BOW) | $312.00K | 5143.27% | 125.96x | $1.36K |
| Comptoir Group PLC (COM) | $4.75 Million | 12.38% | 5.75x | $970.12 |
| daVictus plc (DVT) | $306.16K | 29.53% | 0.60x | $69.03 |
| Heavitree Brewery A (HVTA) | $7.60 Million | 23.84% | 1.47x | $1.08K |
| J D Wetherspoon PLC (JDW) | $207.45 Million | 24.68% | 5.45x | $95.80K |
| Tortilla Mexican Grill PLC (MEX) | $4.73 Million | -1.03% | 0.37x | $3.10K |
| Tasty Plc (TAST) | $1.30 Million | 0.00% | 0.21x | $1.51K |
| Time Out Group plc (TMO) | $28.80 Million | -15.93% | 3.08x | $5.60K |
| Various Eateries PLC (VARE) | $24.33 Million | -15.37% | 1.90x | $2.77K |