Likewise Group PLC
Likewise Group Plc, together with its subsidiaries, wholesales and distributes floorcoverings, rugs, and matting products for domestic and commercial flooring markets in the United Kingdom and Rest of Europe. The company offers residential flooring products, such as carpet, vinyl, laminate, LVT, and artificial grass products, as well as underlays and accessories. It also manufactures and sells do… Read more
Likewise Group PLC (LIKE) - Net Assets
Latest net assets as of June 2025: GBX39.82 Million GBX
Based on the latest financial reports, Likewise Group PLC (LIKE) has net assets worth GBX39.82 Million GBX as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX106.97 Million) and total liabilities (GBX67.14 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 | GBX39.82 Million |
| % of Total Assets | 37.23% |
| Annual Growth Rate | 56.58% |
| 5-Year Change | 242.42% |
| 10-Year Change | N/A |
| Growth Volatility | 156.66 |
Likewise Group PLC - Net Assets Trend (2018–2024)
This chart illustrates how Likewise 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 Likewise Group PLC (2018–2024)
The table below shows the annual net assets of Likewise Group PLC from 2018 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | GBX39.68 Million | +0.39% |
| 2023-12-31 | GBX39.52 Million | +1.05% |
| 2022-12-31 | GBX39.11 Million | +74.96% |
| 2021-12-31 | GBX22.35 Million | +92.92% |
| 2020-12-31 | GBX11.59 Million | -19.59% |
| 2019-12-31 | GBX14.41 Million | +435.55% |
| 2018-12-31 | GBX2.69 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Likewise 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 1344.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | GBX16.50 Million | 41.59% |
| Common Stock | GBX2.47 Million | 6.24% |
| Other Components | GBX20.70 Million | 52.17% |
| Total Equity | GBX39.68 Million | 100.00% |
Likewise Group PLC Competitors by Market Cap
The table below lists competitors of Likewise Group PLC ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Advanced Proteome Therapeutics Corporation
PINK:APTCF
|
$7.43K |
|
ACL Cables PLC
CM:ACLN0000
|
$7.44K |
|
Northern Star Investment Corp III
PINK:NSTC
|
$7.44K |
|
SKYWORTH DIGITAL (KYW.SG)
STU:KYW
|
$7.44K |
|
Afastor Corporation
TWO:6707
|
$7.43K |
|
SKYWORTH DIGITAL
MU:KYW
|
$7.42K |
|
Dyna Group International Inc
PINK:DGIX
|
$7.42K |
|
Sindh Abadgar’s Sugar Mills Ltd
KAR:SASML
|
$7.41K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Likewise Group PLC's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 39,522,581 to 39,677,147, a change of 154,566 (0.4%).
- Net income of 774,602 contributed positively to equity growth.
- Dividend payments of 916,688 reduced retained earnings.
- Share repurchases of 58,584 reduced equity.
- Other comprehensive income decreased equity by 3,610,939.
- Other factors increased equity by 4,024,845.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | GBX774.60K | +1.95% |
| Dividends Paid | GBX916.69K | -2.31% |
| Share Repurchases | GBX58.58K | -0.15% |
| Other Comprehensive Income | GBX-3.61 Million | -9.1% |
| Other Changes | GBX4.02 Million | +10.14% |
| Total Change | GBX- | 0.39% |
Book Value vs Market Value Analysis
This analysis compares Likewise 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: 139.96x
- 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 987.46x to 139.96x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-12-31 | GBX0.02 | GBX22.00 | x |
| 2019-12-31 | GBX0.09 | GBX22.00 | x |
| 2020-12-31 | GBX0.08 | GBX22.00 | x |
| 2021-12-31 | GBX0.12 | GBX22.00 | x |
| 2022-12-31 | GBX0.16 | GBX22.00 | x |
| 2023-12-31 | GBX0.16 | GBX22.00 | x |
| 2024-12-31 | GBX0.16 | GBX22.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Likewise 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): 1.95%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.52%
- • Asset Turnover: 1.50x
- • Equity Multiplier: 2.52x
- Recent ROE (1.95%) is above the historical average (-2.32%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | 28.55% | 28.70% | 0.41x | 2.44x | GBX499.20K |
| 2019 | -19.57% | -9.40% | 0.98x | 2.12x | GBX-4.26 Million |
| 2020 | -26.51% | -6.49% | 1.27x | 3.20x | GBX-4.23 Million |
| 2021 | -0.65% | -0.24% | 1.08x | 2.51x | GBX-2.38 Million |
| 2022 | -2.14% | -0.68% | 1.27x | 2.48x | GBX-4.75 Million |
| 2023 | 2.14% | 0.60% | 1.37x | 2.57x | GBX-3.11 Million |
| 2024 | 1.95% | 0.52% | 1.50x | 2.52x | GBX-3.19 Million |
Industry Comparison
This section compares Likewise Group PLC's net assets metrics with peer companies in the Furnishings, Fixtures & Appliances industry.
Industry Context
- Industry: Furnishings, Fixtures & Appliances
- Average net assets among peers: $11,841,000
- Average return on equity (ROE) among peers: 23.52%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Likewise Group PLC (LIKE) | GBX39.82 Million | 28.55% | 1.69x | $7.43K |
| Colefax Group (CFX) | $11.59 Million | 25.77% | 1.59x | $7.10K |
| Churchill China plc (CHH) | $22.45 Million | 11.93% | 0.57x | $5.43K |
| Headlam Group (HEAD) | $1.77 Million | 0.90% | 1.16x | $5.57K |
| Ultimate Products Plc (ULTP) | $11.55 Million | 55.49% | 2.96x | $4.87K |