Macfarlane Group PLC

LSE:MACF UK Packaging & Containers
Market Cap
$1.24 Million
GBX10.17 Billion GBX
Market Cap Rank
#44581 Global
#804 in UK
Share Price
GBX65.00
Change (1 day)
-1.22%
52-Week Range
GBX62.80 - GBX120.50
All Time High
GBX140.79
Categories
Companies in UK Packaging & Containers
About

Macfarlane Group PLC, through its subsidiaries, designs, manufactures, and distributes protective packaging products to businesses in the United Kingdom and Europe. It operates through Packaging Distribution and Manufacturing Operations segments. The Packaging Distribution segment distributes packaging materials in the United Kingdom, Ireland, and Europe. The Manufacturing Operations segment desi… Read more

Macfarlane Group PLC (MACF) - Net Assets

Latest net assets as of December 2025: GBX120.56 Million GBX

Based on the latest financial reports, Macfarlane Group PLC (MACF) has net assets worth GBX120.56 Million GBX as of December 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX277.79 Million) and total liabilities (GBX157.23 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 GBX120.56 Million
% of Total Assets 43.4%
Annual Growth Rate 5.6%
5-Year Change 27.05%
10-Year Change 206.59%
Growth Volatility 15.08

Macfarlane Group PLC - Net Assets Trend (1985–2025)

This chart illustrates how Macfarlane 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 Macfarlane Group PLC (1985–2025)

The table below shows the annual net assets of Macfarlane Group PLC from 1985 to 2025.

Year Net Assets Change
2025-12-31 GBX120.56 Million -2.20%
2024-12-31 GBX123.27 Million +7.59%
2023-12-31 GBX114.58 Million +8.07%
2022-12-31 GBX106.02 Million +11.72%
2021-12-31 GBX94.89 Million +18.95%
2020-12-31 GBX79.78 Million +16.06%
2019-12-31 GBX68.74 Million +9.92%
2018-12-31 GBX62.53 Million +9.30%
2017-12-31 GBX57.21 Million +45.49%
2016-12-31 GBX39.32 Million +17.48%
2015-12-31 GBX33.47 Million +10.67%
2014-12-31 GBX30.25 Million +14.46%
2013-12-31 GBX26.42 Million +10.02%
2012-12-31 GBX24.02 Million +1.28%
2011-12-31 GBX23.71 Million -12.92%
2010-12-31 GBX27.23 Million +9.11%
2009-12-31 GBX24.96 Million -8.89%
2008-12-31 GBX27.40 Million -9.41%
2007-12-31 GBX30.25 Million +1.41%
2006-12-31 GBX29.82 Million +17.24%
2005-12-31 GBX25.44 Million -4.51%
2004-12-31 GBX26.64 Million -33.18%
2003-12-31 GBX39.87 Million -31.83%
2002-12-31 GBX58.49 Million -17.24%
2001-12-31 GBX70.67 Million +2.66%
2000-12-31 GBX68.84 Million +1.70%
1999-12-31 GBX67.69 Million -9.02%
1998-12-31 GBX74.40 Million +6.96%
1997-12-31 GBX69.56 Million +7.68%
1996-12-31 GBX64.60 Million +4.69%
1995-12-31 GBX61.70 Million +17.95%
1994-12-31 GBX52.31 Million +7.10%
1993-12-31 GBX48.84 Million +15.07%
1992-12-31 GBX42.45 Million +11.63%
1991-12-31 GBX38.02 Million +4.91%
1990-12-31 GBX36.25 Million +30.50%
1989-12-31 GBX27.78 Million +9.71%
1988-12-31 GBX25.32 Million +16.48%
1987-12-31 GBX21.73 Million +36.80%
1986-12-31 GBX15.89 Million +16.74%
1985-12-31 GBX13.61 Million --

Equity Component Analysis

This analysis shows how different components contribute to Macfarlane 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 1227.8% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component Amount Percentage
Retained Earnings GBX66.15 Million 54.87%
Common Stock GBX39.32 Million 32.61%
Other Comprehensive Income GBX884.00K 0.73%
Other Components GBX14.21 Million 11.78%
Total Equity GBX120.56 Million 100.00%

Macfarlane Group PLC Competitors by Market Cap

The table below lists competitors of Macfarlane Group PLC ranked by their market capitalization.

Company Market Cap
Citizens Development Business Finance PLC
CM:CDBN0000
 		$12.71K
THAI OIL NVDR
MU:LQZ1
 		$12.72K
Jupai Holdings Limited
PINK:JPPYY
 		$12.74K
Regal Partners Global Investments Limited
AU:RG1
 		$12.74K
SOUTHERN CROSS
BE:4SO
 		$12.68K
Mode Tour Real Estate Investment Trust Inc
KO:204210
 		$12.67K
136660
KO:136660
 		$12.65K
HB Solution Co. Ltd.
KO:297890
 		$12.65K

Equity Growth Attribution

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

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 123,273,000 to 120,562,000, a change of -2,711,000 (-2.2%).
  • Net income of 6,316,000 contributed positively to equity growth.
  • Dividend payments of 5,822,000 reduced retained earnings.
  • Share repurchases of 2,130,000 reduced equity.
  • Other comprehensive income increased equity by 793,000.
  • Other factors decreased equity by 1,868,000.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income GBX6.32 Million +5.24%
Dividends Paid GBX5.82 Million -4.83%
Share Repurchases GBX2.13 Million -1.77%
Other Comprehensive Income GBX793.00K +0.66%
Other Changes GBX-1.87 Million -1.55%
Total Change GBX- -2.20%

Book Value vs Market Value Analysis

This analysis compares Macfarlane 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: 85.51x
  • 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 499.29x to 85.51x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1985-12-31 GBX0.13 GBX65.00 x
1986-12-31 GBX0.15 GBX65.00 x
1987-12-31 GBX0.21 GBX65.00 x
1988-12-31 GBX0.23 GBX65.00 x
1989-12-31 GBX0.25 GBX65.00 x
1990-12-31 GBX0.32 GBX65.00 x
1991-12-31 GBX0.34 GBX65.00 x
1992-12-31 GBX0.37 GBX65.00 x
1993-12-31 GBX0.43 GBX65.00 x
1994-12-31 GBX0.44 GBX65.00 x
1995-12-31 GBX0.51 GBX65.00 x
1996-12-31 GBX0.53 GBX65.00 x
1997-12-31 GBX0.55 GBX65.00 x
1998-12-31 GBX0.59 GBX65.00 x
1999-12-31 GBX0.53 GBX65.00 x
2000-12-31 GBX0.54 GBX65.00 x
2001-12-31 GBX0.57 GBX65.00 x
2002-12-31 GBX0.47 GBX65.00 x
2003-12-31 GBX0.35 GBX65.00 x
2004-12-31 GBX0.24 GBX65.00 x
2005-12-31 GBX0.22 GBX65.00 x
2006-12-31 GBX0.26 GBX65.00 x
2007-12-31 GBX0.27 GBX65.00 x
2008-12-31 GBX0.24 GBX65.00 x
2009-12-31 GBX0.22 GBX65.00 x
2010-12-31 GBX0.24 GBX65.00 x
2011-12-31 GBX0.21 GBX65.00 x
2012-12-31 GBX0.21 GBX65.00 x
2013-12-31 GBX0.23 GBX65.00 x
2014-12-31 GBX0.26 GBX65.00 x
2015-12-31 GBX0.27 GBX65.00 x
2016-12-31 GBX0.30 GBX65.00 x
2017-12-31 GBX0.40 GBX65.00 x
2018-12-31 GBX0.40 GBX65.00 x
2019-12-31 GBX0.43 GBX65.00 x
2020-12-31 GBX0.50 GBX65.00 x
2021-12-31 GBX0.60 GBX65.00 x
2022-12-31 GBX0.66 GBX65.00 x
2023-12-31 GBX0.71 GBX65.00 x
2024-12-31 GBX0.77 GBX65.00 x
2025-12-31 GBX0.76 GBX65.00 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Macfarlane 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): 5.24%
  • The company has moderate efficiency in generating returns from equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 2.10%
  • • Asset Turnover: 1.08x
  • • Equity Multiplier: 2.30x
  • Recent ROE (5.24%) is below the historical average (11.61%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1985 17.05% 4.82% 1.88x 1.88x GBX960.00K
1986 18.38% 5.35% 1.74x 1.98x GBX1.33 Million
1987 17.80% 5.76% 1.55x 2.00x GBX1.70 Million
1988 18.15% 5.38% 1.67x 2.02x GBX2.06 Million
1989 21.73% 6.62% 1.59x 2.07x GBX3.26 Million
1990 24.63% 8.70% 1.74x 1.62x GBX5.30 Million
1991 11.87% 5.46% 1.48x 1.47x GBX712.50K
1992 15.66% 7.64% 1.42x 1.44x GBX2.40 Million
1993 17.53% 8.85% 1.36x 1.46x GBX3.68 Million
1994 20.69% 9.25% 1.37x 1.63x GBX5.59 Million
1995 23.65% 9.20% 1.65x 1.56x GBX8.42 Million
1996 21.61% 8.89% 1.53x 1.59x GBX7.50 Million
1997 22.25% 8.01% 1.51x 1.85x GBX8.52 Million
1998 14.26% 5.52% 1.47x 1.76x GBX3.17 Million
1999 -0.59% -0.20% 1.56x 1.86x GBX-7.17 Million
2000 11.23% 3.91% 1.41x 2.05x GBX848.30K
2001 -6.36% -2.27% 1.72x 1.63x GBX-11.56 Million
2002 -6.53% -2.55% 1.39x 1.84x GBX-9.67 Million
2003 -43.22% -13.16% 1.51x 2.17x GBX-21.22 Million
2004 -0.89% -0.19% 1.42x 3.25x GBX-2.90 Million
2005 13.31% 2.66% 1.54x 3.25x GBX841.10K
2006 6.88% 1.93% 1.31x 2.71x GBX-931.50K
2007 6.05% 1.53% 1.52x 2.60x GBX-1.19 Million
2008 6.55% 1.37% 1.56x 3.08x GBX-944.80K
2009 9.30% 1.88% 1.50x 3.31x GBX-175.10K
2010 10.96% 2.20% 1.61x 3.08x GBX262.50K
2011 14.42% 2.37% 1.65x 3.69x GBX1.05 Million
2012 17.45% 2.95% 1.71x 3.46x GBX1.79 Million
2013 13.08% 2.40% 1.76x 3.10x GBX813.60K
2014 14.69% 2.89% 1.60x 3.19x GBX1.42 Million
2015 16.28% 3.22% 1.66x 3.05x GBX2.10 Million
2016 15.39% 3.37% 1.52x 3.02x GBX2.12 Million
2017 12.98% 3.79% 1.41x 2.42x GBX1.70 Million
2018 13.98% 4.02% 1.53x 2.27x GBX2.49 Million
2019 13.97% 4.26% 1.30x 2.51x GBX2.73 Million
2020 12.75% 4.84% 1.22x 2.16x GBX2.19 Million
2021 13.28% 4.76% 1.22x 2.28x GBX3.11 Million
2022 14.75% 5.38% 1.34x 2.04x GBX5.04 Million
2023 13.07% 5.33% 1.27x 1.93x GBX3.52 Million
2024 12.60% 5.74% 1.10x 2.00x GBX3.20 Million
2025 5.24% 2.10% 1.08x 2.30x GBX-5.74 Million

Industry Comparison

This section compares Macfarlane Group PLC's net assets metrics with peer companies in the Packaging & Containers industry.

Industry Context

  • Industry: Packaging & Containers
  • Average net assets among peers: $12,329,000
  • Average return on equity (ROE) among peers: -127.79%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Macfarlane Group PLC (MACF) GBX120.56 Million 17.05% 1.30x $12.69K
Coral Products (CRU) $13.80 Million 3.32% 0.81x $1.01K
Robinson plc (RBN) $23.06 Million 1.36% 0.58x $2.34K
Symphony Environmental Technologies plc (SYM) $134.00K -388.06% 18.20x $2.30K