Mitchells & Butlers PLC (MAB) - Net Assets

Latest as of April 2025: GBX2.67 Billion GBX

Based on the latest financial reports, Mitchells & Butlers PLC (MAB) has net assets worth GBX2.67 Billion GBX as of April 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX5.30 Billion) and total liabilities (GBX2.64 Billion). 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 GBX2.67 Billion
% of Total Assets 50.28%
Annual Growth Rate 0.33%
5-Year Change 53.01%
10-Year Change 101.89%
Growth Volatility 18.86

Mitchells & Butlers PLC - Net Assets Trend (2000–2024)

This chart illustrates how Mitchells & Butlers 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 Mitchells & Butlers PLC (2000–2024)

The table below shows the annual net assets of Mitchells & Butlers PLC from 2000 to 2024.

Year Net Assets Change
2024-09-30 GBX2.57 Billion +20.47%
2023-09-30 GBX2.13 Billion -0.61%
2022-09-30 GBX2.14 Billion +1.85%
2021-09-30 GBX2.10 Billion +25.46%
2020-09-30 GBX1.68 Billion -13.87%
2019-09-30 GBX1.95 Billion +10.06%
2018-09-30 GBX1.77 Billion +8.79%
2017-09-30 GBX1.63 Billion +15.48%
2016-09-30 GBX1.41 Billion +10.78%
2015-09-30 GBX1.27 Billion 0.00%
2015-09-26 GBX1.27 Billion +7.26%
2014-09-30 GBX1.19 Billion 0.00%
2014-09-27 GBX1.19 Billion -2.79%
2013-09-30 GBX1.22 Billion +12.04%
2012-09-30 GBX1.09 Billion -0.37%
2011-09-30 GBX1.09 Billion +22.15%
2010-09-30 GBX894.00 Million -10.33%
2009-09-30 GBX997.00 Million -15.15%
2008-09-30 GBX1.18 Billion -25.44%
2007-09-30 GBX1.58 Billion +30.36%
2006-09-30 GBX1.21 Billion +2.20%
2005-09-30 GBX1.18 Billion -23.03%
2004-09-30 GBX1.54 Billion -6.39%
2004-09-25 GBX1.64 Billion -20.45%
2003-09-30 GBX2.06 Billion -40.81%
2002-09-30 GBX3.49 Billion +51.54%
2001-09-30 GBX2.30 Billion -2.95%
2000-09-30 GBX2.37 Billion --

Equity Component Analysis

This analysis shows how different components contribute to Mitchells & Butlers 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 56.6% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (September 2024)

Component Amount Percentage
Retained Earnings GBX1.03 Billion 40.06%
Common Stock GBX51.00 Million 1.99%
Other Components GBX1.49 Billion 57.95%
Total Equity GBX2.57 Billion 100.00%

Mitchells & Butlers PLC Competitors by Market Cap

The table below lists competitors of Mitchells & Butlers PLC ranked by their market capitalization.

Company Market Cap
Egide S.A.
PA:ALGID
 		$20.16 Million
Aston Minerals Ltd
AU:ASO
 		$20.16 Million
KROPZ PLC LS-001
F:67W
 		$20.16 Million
LS telcom AG
XETRA:LSX
 		$20.16 Million
Agrimin Ltd
AU:AMN
 		$20.15 Million
LITHIUMBANK RESOURCES
F:HT9
 		$20.15 Million
Yimutian Inc. American Depositary Shares
NASDAQ:YMT
 		$20.15 Million
Maral Overseas Limited
NSE:MARALOVER
 		$20.15 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Mitchells & Butlers PLC's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 2,130,000,000 to 2,566,000,000, a change of 436,000,000 (20.5%).
  • Net income of 149,000,000 contributed positively to equity growth.
  • Share repurchases of 7,000,000 reduced equity.
  • Other comprehensive income decreased equity by 964,000,000.
  • Other factors increased equity by 1,258,000,000.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income GBX149.00 Million +5.81%
Share Repurchases GBX7.00 Million -0.27%
Other Comprehensive Income GBX-964.00 Million -37.57%
Other Changes GBX1.26 Billion +49.03%
Total Change GBX- 20.47%

Book Value vs Market Value Analysis

This analysis compares Mitchells & Butlers 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: 65.24x
  • 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 79.40x to 65.24x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2000-09-30 GBX3.51 GBX279.00 x
2001-09-30 GBX3.41 GBX279.00 x
2002-09-30 GBX5.16 GBX279.00 x
2003-09-30 GBX3.05 GBX279.00 x
2004-09-30 GBX2.77 GBX279.00 x
2005-09-30 GBX2.48 GBX279.00 x
2006-09-30 GBX2.61 GBX279.00 x
2007-09-30 GBX3.38 GBX279.00 x
2008-09-30 GBX2.60 GBX279.00 x
2009-09-30 GBX2.20 GBX279.00 x
2010-09-30 GBX1.96 GBX279.00 x
2011-09-30 GBX2.40 GBX279.00 x
2012-09-30 GBX2.06 GBX279.00 x
2013-09-30 GBX2.96 GBX279.00 x
2014-09-30 GBX2.87 GBX279.00 x
2015-09-30 GBX3.07 GBX279.00 x
2016-09-30 GBX3.41 GBX279.00 x
2017-09-30 GBX3.88 GBX279.00 x
2018-09-30 GBX4.14 GBX279.00 x
2019-09-30 GBX4.09 GBX279.00 x
2020-09-30 GBX3.53 GBX279.00 x
2021-09-30 GBX3.72 GBX279.00 x
2022-09-30 GBX3.60 GBX279.00 x
2023-09-30 GBX3.58 GBX279.00 x
2024-09-30 GBX4.28 GBX279.00 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Mitchells & Butlers 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): 5.81%
  • The company has moderate efficiency in generating returns from equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 5.71%
  • • Asset Turnover: 0.50x
  • • Equity Multiplier: 2.04x
  • Recent ROE (5.81%) is above the historical average (4.04%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2000 8.65% 11.63% 0.44x 1.68x GBX-32.10 Million
2001 5.65% 8.32% 0.44x 1.54x GBX-100.10 Million
2002 4.70% 11.07% 0.40x 1.05x GBX-184.70 Million
2003 6.06% 8.31% 0.40x 1.83x GBX-81.40 Million
2004 8.29% 7.56% 0.40x 2.72x GBX-24.30 Million
2005 10.99% 7.82% 0.43x 3.29x GBX11.70 Million
2006 16.13% 11.34% 0.38x 3.77x GBX74.10 Million
2007 -0.63% -0.53% 0.35x 3.47x GBX-167.60 Million
2008 -14.98% -9.22% 0.38x 4.24x GBX-293.50 Million
2009 0.40% 0.20% 0.41x 4.78x GBX-95.70 Million
2010 -9.40% -4.24% 0.43x 5.15x GBX-173.40 Million
2011 11.45% 6.96% 0.41x 4.04x GBX15.80 Million
2012 7.42% 3.71% 0.43x 4.65x GBX-24.30 Million
2013 10.50% 6.75% 0.42x 3.67x GBX6.10 Million
2014 7.85% 4.72% 0.41x 4.01x GBX-25.50 Million
2015 8.10% 4.90% 0.44x 3.76x GBX-24.10 Million
2016 6.32% 4.27% 0.42x 3.53x GBX-51.80 Million
2017 3.87% 2.89% 0.44x 3.04x GBX-99.60 Million
2018 5.88% 4.83% 0.44x 2.76x GBX-72.90 Million
2019 7.34% 6.39% 0.46x 2.51x GBX-51.70 Million
2020 -6.68% -7.59% 0.29x 3.05x GBX-279.70 Million
2021 -3.09% -6.10% 0.20x 2.48x GBX-275.40 Million
2022 0.61% 0.59% 0.45x 2.31x GBX-201.30 Million
2023 -0.19% -0.16% 0.52x 2.25x GBX-217.00 Million
2024 5.81% 5.71% 0.50x 2.04x GBX-107.60 Million

Industry Comparison

This section compares Mitchells & Butlers PLC's net assets metrics with peer companies in the Restaurants industry.

Industry Context

  • Industry: Restaurants
  • Average net assets among peers: $370,066,988
  • Average return on equity (ROE) among peers: 11.10%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Mitchells & Butlers PLC (MAB) GBX2.67 Billion 8.65% 0.99x $20.15 Million
Bow Street Group plc (BOW) $-2.05 Million 0.00% 0.00x $99.05K
Comptoir Group PLC (COM) $10.56 Million -6.32% 3.10x $97.01K
Compass Group PLC (CPG) $2.63 Billion 6.98% 2.27x $5.88 Million
DP Poland Plc (DPP) $6.67 Million -54.84% 0.12x $792.31K
daVictus plc (DVT) $215.76K 105.96% 1.28x $6.09K
Fuller Smith & Turner (FSTA) $277.20 Million 10.50% 0.86x $2.61 Million
Greggs PLC (GRG) $103.55 Million 22.03% 0.70x $20.36 Million
Heavitree Brewery A (HVTA) $25.61 Million 4.67% 0.21x $67.01K
J D Wetherspoon PLC (JDW) $273.84 Million 10.90% 1.40x $8.17 Million

About Mitchells & Butlers PLC

LSE:MAB UK Restaurants
Market Cap
$20.15 Million
GBX165.65 Billion GBX
Market Cap Rank
#28042 Global
#486 in UK
Share Price
GBX279.00
Change (1 day)
+3.72%
52-Week Range
GBX236.50 - GBX301.00
All Time High
GBX424.41
Categories
Companies in UK Restaurants
About

Mitchells & Butlers plc engages in the management of pubs, bars, and restaurants in the United Kingdom and Germany. The company operates its pubs and restaurants under the Alex, All Bar One, Stonehouse, Browns, Castle, EGO, Ember Inns, Harvester, High Street, PESTO, Innkeeper's Lodge, Miller & Carter, Nicholson's, O'Neill's, Premium Country Pubs, Sizzling Pubs, Stonehouse Pizza & Carvery, Toby Ca… Read more