James Latham PLC
James Latham plc, together with its subsidiaries, distributes timbers, panels, and decorative panels in the United Kingdom, the Republic of Ireland, rest of Europe, and internationally. The company offers melamine, veneer, laminates, washroom collection, solid surface products, door blanks, plastics, hardwoods, softwoods, engineered timber products, decking and timber cladding products, solid woo… Read more
James Latham PLC (LTHM) - Net Assets
Latest net assets as of March 2025: GBX220.48 Million GBX
Based on the latest financial reports, James Latham PLC (LTHM) has net assets worth GBX220.48 Million GBX as of March 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX275.45 Million) and total liabilities (GBX54.97 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 | GBX220.48 Million |
| % of Total Assets | 80.04% |
| Annual Growth Rate | 7.39% |
| 5-Year Change | 85.15% |
| 10-Year Change | 209.74% |
| Growth Volatility | 8.99 |
James Latham PLC - Net Assets Trend (1986–2025)
This chart illustrates how James Latham 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 James Latham PLC (1986–2025)
The table below shows the annual net assets of James Latham PLC from 1986 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | GBX220.48 Million | +2.44% |
| 2024-03-31 | GBX215.23 Million | +10.05% |
| 2023-03-31 | GBX195.57 Million | +19.27% |
| 2022-03-31 | GBX163.97 Million | +37.69% |
| 2021-03-31 | GBX119.08 Million | +14.20% |
| 2020-03-31 | GBX104.28 Million | +6.45% |
| 2019-03-31 | GBX97.96 Million | +9.10% |
| 2018-03-31 | GBX89.79 Million | +22.57% |
| 2017-03-31 | GBX73.26 Million | +2.92% |
| 2016-03-31 | GBX71.18 Million | +14.39% |
| 2015-03-31 | GBX62.23 Million | +7.10% |
| 2014-03-31 | GBX58.11 Million | +22.42% |
| 2013-03-31 | GBX47.47 Million | +1.16% |
| 2012-03-31 | GBX46.92 Million | +2.42% |
| 2011-03-31 | GBX45.82 Million | +8.48% |
| 2010-03-31 | GBX42.23 Million | +0.82% |
| 2009-03-31 | GBX41.89 Million | -0.55% |
| 2008-03-31 | GBX42.12 Million | +2.50% |
| 2007-03-31 | GBX41.09 Million | +2.99% |
| 2006-03-31 | GBX39.90 Million | +21.83% |
| 2005-03-31 | GBX32.75 Million | +17.28% |
| 2004-03-31 | GBX27.93 Million | +3.44% |
| 2003-03-31 | GBX27.00 Million | +1.65% |
| 2002-03-31 | GBX26.56 Million | +4.28% |
| 2001-03-31 | GBX25.47 Million | +5.29% |
| 2000-03-31 | GBX24.19 Million | +15.95% |
| 1999-03-31 | GBX20.86 Million | +4.65% |
| 1998-03-31 | GBX19.93 Million | +6.08% |
| 1997-03-31 | GBX18.79 Million | +5.47% |
| 1996-03-31 | GBX17.82 Million | +4.49% |
| 1995-03-31 | GBX17.05 Million | +6.74% |
| 1994-03-31 | GBX15.97 Million | +5.79% |
| 1993-03-31 | GBX15.10 Million | -13.16% |
| 1992-03-31 | GBX17.39 Million | -3.62% |
| 1991-03-31 | GBX18.04 Million | -7.08% |
| 1990-03-31 | GBX19.42 Million | +4.87% |
| 1989-03-31 | GBX18.52 Million | +7.79% |
| 1988-03-31 | GBX17.18 Million | +10.60% |
| 1987-03-31 | GBX15.53 Million | +13.69% |
| 1986-03-31 | GBX13.66 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to James Latham 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 2194.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | GBX214.59 Million | 97.33% |
| Common Stock | GBX5.04 Million | 2.29% |
| Other Comprehensive Income | GBX848.00K | 0.38% |
| Total Equity | GBX220.48 Million | 100.00% |
James Latham PLC Competitors by Market Cap
The table below lists competitors of James Latham PLC ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
311060
KO:311060
|
$25.14K |
|
Chung Jye Investment Holding Co., Ltd
TW:6965
|
$25.14K |
|
tZERO Group Inc
OTCGREY:TZROP
|
$25.17K |
|
ITJTQ
PINK:ITJTQ
|
$25.18K |
|
MLAIG
PA:MLAIG
|
$25.14K |
|
ZAPTEC ASA NK -015
F:6I4
|
$25.11K |
|
WOOLWORTHS H. NEW O.N.
F:WN3
|
$25.10K |
|
254160
KO:254160
|
$25.06K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in James Latham PLC's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 215,230,000 to 220,480,000, a change of 5,250,000 (2.4%).
- Net income of 18,146,000 contributed positively to equity growth.
- Dividend payments of 15,880,000 reduced retained earnings.
- New share issuances of 162,000 increased equity.
- Other comprehensive income increased equity by 298,000.
- Other factors increased equity by 2,524,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | GBX18.15 Million | +8.23% |
| Dividends Paid | GBX15.88 Million | -7.2% |
| Share Issuances | GBX162.00K | +0.07% |
| Other Comprehensive Income | GBX298.00K | +0.14% |
| Other Changes | GBX2.52 Million | +1.14% |
| Total Change | GBX- | 2.44% |
Book Value vs Market Value Analysis
This analysis compares James Latham 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: 94.71x
- 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 1646.33x to 94.71x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1986-03-31 | GBX0.63 | GBX1035.00 | x |
| 1987-03-31 | GBX0.72 | GBX1035.00 | x |
| 1988-03-31 | GBX1.07 | GBX1035.00 | x |
| 1989-03-31 | GBX0.87 | GBX1035.00 | x |
| 1990-03-31 | GBX0.91 | GBX1035.00 | x |
| 1991-03-31 | GBX0.85 | GBX1035.00 | x |
| 1992-03-31 | GBX0.81 | GBX1035.00 | x |
| 1993-03-31 | GBX0.70 | GBX1035.00 | x |
| 1994-03-31 | GBX0.74 | GBX1035.00 | x |
| 1995-03-31 | GBX0.80 | GBX1035.00 | x |
| 1996-03-31 | GBX0.83 | GBX1035.00 | x |
| 1997-03-31 | GBX0.88 | GBX1035.00 | x |
| 1998-03-31 | GBX0.95 | GBX1035.00 | x |
| 1999-03-31 | GBX1.00 | GBX1035.00 | x |
| 2000-03-31 | GBX1.16 | GBX1035.00 | x |
| 2001-03-31 | GBX1.22 | GBX1035.00 | x |
| 2002-03-31 | GBX1.33 | GBX1035.00 | x |
| 2003-03-31 | GBX1.36 | GBX1035.00 | x |
| 2004-03-31 | GBX1.40 | GBX1035.00 | x |
| 2005-03-31 | GBX1.63 | GBX1035.00 | x |
| 2006-03-31 | GBX2.00 | GBX1035.00 | x |
| 2007-03-31 | GBX2.04 | GBX1035.00 | x |
| 2008-03-31 | GBX2.13 | GBX1035.00 | x |
| 2009-03-31 | GBX2.16 | GBX1035.00 | x |
| 2010-03-31 | GBX2.20 | GBX1035.00 | x |
| 2011-03-31 | GBX2.37 | GBX1035.00 | x |
| 2012-03-31 | GBX2.43 | GBX1035.00 | x |
| 2013-03-31 | GBX2.45 | GBX1035.00 | x |
| 2014-03-31 | GBX2.97 | GBX1035.00 | x |
| 2015-03-31 | GBX3.18 | GBX1035.00 | x |
| 2016-03-31 | GBX3.64 | GBX1035.00 | x |
| 2017-03-31 | GBX3.72 | GBX1035.00 | x |
| 2018-03-31 | GBX4.55 | GBX1035.00 | x |
| 2019-03-31 | GBX4.97 | GBX1035.00 | x |
| 2020-03-31 | GBX5.27 | GBX1035.00 | x |
| 2021-03-31 | GBX5.98 | GBX1035.00 | x |
| 2022-03-31 | GBX8.20 | GBX1035.00 | x |
| 2023-03-31 | GBX9.76 | GBX1035.00 | x |
| 2024-03-31 | GBX10.69 | GBX1035.00 | x |
| 2025-03-31 | GBX10.93 | GBX1035.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently James Latham 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): 8.23%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.95%
- • Asset Turnover: 1.33x
- • Equity Multiplier: 1.25x
- Recent ROE (8.23%) is below the historical average (11.44%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1986 | 10.36% | 3.55% | 1.68x | 1.74x | GBX45.60K |
| 1987 | 16.26% | 5.47% | 1.58x | 1.89x | GBX910.60K |
| 1988 | 12.76% | 3.84% | 1.64x | 2.02x | GBX446.10K |
| 1989 | 11.60% | 3.46% | 1.76x | 1.91x | GBX281.20K |
| 1990 | 8.39% | 2.45% | 1.76x | 1.95x | GBX-295.90K |
| 1991 | -4.73% | -1.22% | 1.82x | 2.13x | GBX-2.51 Million |
| 1992 | -2.35% | -0.65% | 1.67x | 2.18x | GBX-2.03 Million |
| 1993 | -15.11% | -3.51% | 1.72x | 2.51x | GBX-3.54 Million |
| 1994 | 7.71% | 1.62% | 1.97x | 2.43x | GBX-342.80K |
| 1995 | 9.08% | 1.82% | 2.06x | 2.43x | GBX-148.50K |
| 1996 | 6.89% | 1.46% | 2.06x | 2.29x | GBX-523.10K |
| 1997 | 8.34% | 1.79% | 2.01x | 2.31x | GBX-295.60K |
| 1998 | 9.10% | 2.04% | 2.12x | 2.11x | GBX-169.80K |
| 1999 | 7.81% | 1.77% | 2.08x | 2.13x | GBX-435.50K |
| 2000 | 19.49% | 5.27% | 2.21x | 1.67x | GBX2.20 Million |
| 2001 | 8.51% | 2.51% | 2.04x | 1.66x | GBX-364.20K |
| 2002 | 7.42% | 2.29% | 2.04x | 1.59x | GBX-685.00K |
| 2003 | 4.91% | 1.44% | 1.91x | 1.78x | GBX-1.37 Million |
| 2004 | 7.55% | 2.16% | 1.92x | 1.82x | GBX-684.70K |
| 2005 | 52.86% | 15.99% | 1.59x | 2.08x | GBX14.04 Million |
| 2006 | 24.34% | 8.45% | 1.77x | 1.63x | GBX5.72 Million |
| 2007 | 8.62% | 3.55% | 1.54x | 1.57x | GBX-568.40K |
| 2008 | 12.00% | 4.31% | 1.68x | 1.66x | GBX843.90K |
| 2009 | 5.41% | 1.99% | 1.70x | 1.60x | GBX-1.92 Million |
| 2010 | 9.74% | 3.56% | 1.60x | 1.71x | GBX-110.50K |
| 2011 | 12.84% | 4.52% | 1.64x | 1.73x | GBX1.30 Million |
| 2012 | 12.94% | 4.23% | 1.69x | 1.81x | GBX1.38 Million |
| 2013 | 11.49% | 3.81% | 1.64x | 1.84x | GBX707.30K |
| 2014 | 14.78% | 5.27% | 1.72x | 1.63x | GBX2.78 Million |
| 2015 | 12.57% | 4.47% | 1.70x | 1.65x | GBX1.60 Million |
| 2016 | 14.70% | 5.63% | 1.69x | 1.54x | GBX3.35 Million |
| 2017 | 14.99% | 5.52% | 1.63x | 1.67x | GBX3.66 Million |
| 2018 | 14.08% | 5.88% | 1.63x | 1.47x | GBX3.67 Million |
| 2019 | 12.68% | 5.28% | 1.69x | 1.42x | GBX2.63 Million |
| 2020 | 11.97% | 5.05% | 1.60x | 1.48x | GBX2.05 Million |
| 2021 | 12.58% | 5.99% | 1.49x | 1.41x | GBX3.07 Million |
| 2022 | 27.84% | 11.84% | 1.71x | 1.37x | GBX29.24 Million |
| 2023 | 18.37% | 8.80% | 1.63x | 1.28x | GBX16.36 Million |
| 2024 | 10.53% | 6.18% | 1.36x | 1.25x | GBX1.14 Million |
| 2025 | 8.23% | 4.95% | 1.33x | 1.25x | GBX-3.90 Million |
Industry Comparison
This section compares James Latham PLC's net assets metrics with peer companies in the Lumber & Wood Production industry.
Industry Context
- Industry: Lumber & Wood Production
- Average net assets among peers: $151,968,000
- Average return on equity (ROE) among peers: -5.35%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| James Latham PLC (LTHM) | GBX220.48 Million | 10.36% | 0.25x | $25.14K |
| Woodbois Ltd (WBI) | $151.97 Million | -5.35% | 0.43x | $449.72 |