Mortgage Advice
Mortgage Advice Bureau (Holdings) plc, together with its subsidiaries, provides mortgage advice services in the United Kingdom. The company provides advice on buying property, remortgaging, and buy-to-let mortgage products. It also offers business consultancy, technology, adviser recruitment, compliance, training, and marketing services. In addition, the company provides advice on protection and … Read more
Mortgage Advice (MAB1) - Net Assets
Latest net assets as of June 2025: GBX73.75 Million GBX
Based on the latest financial reports, Mortgage Advice (MAB1) has net assets worth GBX73.75 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 (GBX167.69 Million) and total liabilities (GBX93.95 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 | GBX73.75 Million |
| % of Total Assets | 43.98% |
| Annual Growth Rate | 30.0% |
| 5-Year Change | 100.53% |
| 10-Year Change | 229.22% |
| Growth Volatility | 59.12 |
Mortgage Advice - Net Assets Trend (2011–2024)
This chart illustrates how Mortgage Advice's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Mortgage Advice (2011–2024)
The table below shows the annual net assets of Mortgage Advice from 2011 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | GBX75.09 Million | +0.92% |
| 2023-12-31 | GBX74.41 Million | -1.37% |
| 2022-12-31 | GBX75.44 Million | +84.07% |
| 2021-12-31 | GBX40.99 Million | +9.45% |
| 2020-12-31 | GBX37.45 Million | +37.73% |
| 2019-12-31 | GBX27.19 Million | -32.09% |
| 2018-12-31 | GBX40.03 Million | +17.58% |
| 2017-12-31 | GBX34.05 Million | +21.34% |
| 2016-12-31 | GBX28.06 Million | +23.02% |
| 2015-12-31 | GBX22.81 Million | +47.43% |
| 2014-12-31 | GBX15.47 Million | -6.78% |
| 2013-12-31 | GBX16.60 Million | +131.26% |
| 2012-12-31 | GBX7.18 Million | +189.72% |
| 2011-12-31 | GBX2.48 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Mortgage Advice'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 481.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | GBX14.11 Million | 19.15% |
| Common Stock | GBX58.00K | 0.08% |
| Other Comprehensive Income | GBX4.33 Million | 5.88% |
| Other Components | GBX55.16 Million | 74.89% |
| Total Equity | GBX73.66 Million | 100.00% |
Mortgage Advice Competitors by Market Cap
The table below lists competitors of Mortgage Advice ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
It Now Bloomberg Galaxy Bitcoin Fundo De Indice
SA:BITI11
|
$52.78K |
|
HITACHI ZOSEN
BE:HZS
|
$52.79K |
|
Wiziboat SA
PA:MLWIZ
|
$52.80K |
|
MAGYAR TELEKOM
MU:MGYB
|
$52.80K |
|
Wadi Kom Ombo Land Reclamation
EGX:WKOL
|
$52.72K |
|
SUNOPTA
MU:ZSK
|
$52.72K |
|
GBK Beteiligungen AG
HM:GBQ
|
$52.71K |
|
TRANSOCEAN N - Dusseldorf Stock Exchang
DU:TOJ
|
$52.69K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Mortgage Advice's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 70,198,000 to 73,662,000, a change of 3,464,000 (4.9%).
- Net income of 15,896,000 contributed positively to equity growth.
- Dividend payments of 16,167,000 reduced retained earnings.
- Other comprehensive income decreased equity by 1,733,000.
- Other factors increased equity by 5,468,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | GBX15.90 Million | +21.58% |
| Dividends Paid | GBX16.17 Million | -21.95% |
| Other Comprehensive Income | GBX-1.73 Million | -2.35% |
| Other Changes | GBX5.47 Million | +7.42% |
| Total Change | GBX- | 4.93% |
Book Value vs Market Value Analysis
This analysis compares Mortgage Advice'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: 461.36x
- 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 11948.14x to 461.36x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2011-12-31 | GBX0.05 | GBX586.00 | x |
| 2012-12-31 | GBX0.14 | GBX586.00 | x |
| 2013-12-31 | GBX0.15 | GBX586.00 | x |
| 2014-12-31 | GBX0.14 | GBX586.00 | x |
| 2015-12-31 | GBX0.25 | GBX586.00 | x |
| 2016-12-31 | GBX0.30 | GBX586.00 | x |
| 2017-12-31 | GBX0.35 | GBX586.00 | x |
| 2018-12-31 | GBX0.40 | GBX586.00 | x |
| 2019-12-31 | GBX0.49 | GBX586.00 | x |
| 2020-12-31 | GBX0.68 | GBX586.00 | x |
| 2021-12-31 | GBX0.72 | GBX586.00 | x |
| 2022-12-31 | GBX1.20 | GBX586.00 | x |
| 2023-12-31 | GBX1.22 | GBX586.00 | x |
| 2024-12-31 | GBX1.27 | GBX586.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Mortgage Advice 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): 21.58%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.96%
- • Asset Turnover: 1.66x
- • Equity Multiplier: 2.18x
- Recent ROE (21.58%) is below the historical average (48.04%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 53.08% | 7.23% | 3.23x | 2.27x | GBX1.07 Million |
| 2012 | 29.03% | 7.34% | 2.35x | 1.68x | GBX1.37 Million |
| 2013 | 38.80% | 10.34% | 2.27x | 1.65x | GBX3.08 Million |
| 2014 | 70.74% | 9.53% | 3.37x | 2.21x | GBX4.63 Million |
| 2015 | 67.09% | 11.47% | 3.11x | 1.88x | GBX7.37 Million |
| 2016 | 85.14% | 13.91% | 3.11x | 1.97x | GBX11.40 Million |
| 2017 | 66.28% | 11.06% | 3.02x | 1.99x | GBX10.22 Million |
| 2018 | 63.82% | 10.70% | 2.91x | 2.05x | GBX11.12 Million |
| 2019 | 56.65% | 10.09% | 2.45x | 2.29x | GBX11.94 Million |
| 2020 | 34.83% | 8.35% | 2.15x | 1.94x | GBX8.82 Million |
| 2021 | 48.27% | 9.91% | 2.30x | 2.12x | GBX14.84 Million |
| 2022 | 18.02% | 5.30% | 1.36x | 2.50x | GBX5.45 Million |
| 2023 | 19.18% | 5.62% | 1.51x | 2.26x | GBX6.45 Million |
| 2024 | 21.58% | 5.96% | 1.66x | 2.18x | GBX8.53 Million |
Industry Comparison
This section compares Mortgage Advice's net assets metrics with peer companies in the Mortgage Finance industry.
Industry Context
- Industry: Mortgage Finance
- Average net assets among peers: $545,966,667
- Average return on equity (ROE) among peers: 3.43%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Mortgage Advice (MAB1) | GBX73.75 Million | 53.08% | 1.27x | $52.78K |
| Lendinvest PLC (LINV) | $10.00 Million | -22.08% | 89.82x | $6.46K |
| OneSavings Bank PLC (OSB) | $658.40 Million | 21.31% | 14.89x | $255.21K |
| Paragon Banking Group PLC (PAG) | $969.50 Million | 11.05% | 11.25x | $189.39K |