Michelmersh Brick Holdings Plc
Michelmersh Brick Holdings plc, together its subsidiaries, manufactures and sells bricks and brick prefabricated products in the United Kingdom and rest of Europe. The company offers extruded wirecut facing bricks, clay pavers, paving accessories, and special shaped products under the Blockleys brand; monotone colour blends in rustic, dragwire, smooth, and sand faced textures under the Carlton br… Read more
Michelmersh Brick Holdings Plc (MBH) - Net Assets
Latest net assets as of June 2025: GBX93.69 Million GBX
Based on the latest financial reports, Michelmersh Brick Holdings Plc (MBH) has net assets worth GBX93.69 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 (GBX129.79 Million) and total liabilities (GBX36.10 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 | GBX93.69 Million |
| % of Total Assets | 72.18% |
| Annual Growth Rate | 11.57% |
| 5-Year Change | 20.44% |
| 10-Year Change | 94.91% |
| Growth Volatility | 26.66 |
Michelmersh Brick Holdings Plc - Net Assets Trend (2001–2024)
This chart illustrates how Michelmersh Brick Holdings 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 Michelmersh Brick Holdings Plc (2001–2024)
The table below shows the annual net assets of Michelmersh Brick Holdings Plc from 2001 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | GBX95.93 Million | +3.32% |
| 2023-12-31 | GBX92.84 Million | +4.36% |
| 2022-12-31 | GBX88.97 Million | +4.52% |
| 2021-12-31 | GBX85.12 Million | +6.87% |
| 2020-12-31 | GBX79.65 Million | +4.66% |
| 2019-12-31 | GBX76.10 Million | +19.29% |
| 2018-12-31 | GBX63.79 Million | +7.43% |
| 2017-12-31 | GBX59.38 Million | +10.70% |
| 2016-12-31 | GBX53.64 Million | +8.99% |
| 2015-12-31 | GBX49.22 Million | +5.41% |
| 2014-12-31 | GBX46.69 Million | +2.62% |
| 2013-12-31 | GBX45.50 Million | +28.05% |
| 2012-12-31 | GBX35.53 Million | +2.31% |
| 2011-12-31 | GBX34.73 Million | -6.38% |
| 2010-12-31 | GBX37.10 Million | +22.13% |
| 2009-12-31 | GBX30.38 Million | -2.14% |
| 2008-12-31 | GBX31.04 Million | -30.36% |
| 2007-12-31 | GBX44.57 Million | +22.50% |
| 2006-12-31 | GBX36.38 Million | -17.77% |
| 2005-12-31 | GBX44.25 Million | +41.42% |
| 2004-11-30 | GBX31.29 Million | +19.08% |
| 2003-11-30 | GBX26.27 Million | +100.11% |
| 2002-11-30 | GBX13.13 Million | +71.26% |
| 2001-11-30 | GBX7.67 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Michelmersh Brick Holdings 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 6008.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | GBX37.26 Million | 38.84% |
| Common Stock | GBX19.18 Million | 19.99% |
| Other Comprehensive Income | GBX22.76 Million | 23.73% |
| Other Components | GBX16.72 Million | 17.43% |
| Total Equity | GBX95.93 Million | 100.00% |
Michelmersh Brick Holdings Plc Competitors by Market Cap
The table below lists competitors of Michelmersh Brick Holdings Plc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
LONGFOR PROPERTIES
MU:RLF
|
$10.15K |
|
Matritense Real Estate SOCIMI S.A.
MC:YMAT
|
$10.15K |
|
CHINA OILFIELD -H-
MU:CO9
|
$10.16K |
|
Metrics Income Opportunities Trust
AU:MOT
|
$10.16K |
|
Organic Special Pet Food Co. Ltd.
KO:368970
|
$10.14K |
|
GlaxoSmithKline Pakistan Ltd
KAR:GLAXO
|
$10.14K |
|
VietinBank Securities JSC
VN:CTS
|
$10.13K |
|
TRUECALLER AB SER.B
F:49X0
|
$10.13K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Michelmersh Brick Holdings Plc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 92,844,000 to 95,931,000, a change of 3,087,000 (3.3%).
- Net income of 6,104,000 contributed positively to equity growth.
- Dividend payments of 4,166,000 reduced retained earnings.
- Share repurchases of 41,000 reduced equity.
- Other comprehensive income increased equity by 1,149,000.
- Other factors increased equity by 1,001,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | GBX6.10 Million | +6.36% |
| Dividends Paid | GBX4.17 Million | -4.34% |
| Share Repurchases | GBX41.00K | -0.04% |
| Other Comprehensive Income | GBX1.15 Million | +1.2% |
| Other Changes | GBX1.00 Million | +1.04% |
| Total Change | GBX- | 3.32% |
Book Value vs Market Value Analysis
This analysis compares Michelmersh Brick Holdings 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: 76.41x
- 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 384.35x to 76.41x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2001-11-30 | GBX0.20 | GBX77.50 | x |
| 2002-11-30 | GBX0.35 | GBX77.50 | x |
| 2003-11-30 | GBX0.93 | GBX77.50 | x |
| 2004-11-30 | GBX0.95 | GBX77.50 | x |
| 2005-12-31 | GBX1.16 | GBX77.50 | x |
| 2006-12-31 | GBX0.92 | GBX77.50 | x |
| 2007-12-31 | GBX1.14 | GBX77.50 | x |
| 2008-12-31 | GBX0.77 | GBX77.50 | x |
| 2009-12-31 | GBX0.75 | GBX77.50 | x |
| 2010-12-31 | GBX0.69 | GBX77.50 | x |
| 2011-12-31 | GBX0.59 | GBX77.50 | x |
| 2012-12-31 | GBX0.61 | GBX77.50 | x |
| 2013-12-31 | GBX0.76 | GBX77.50 | x |
| 2014-12-31 | GBX0.58 | GBX77.50 | x |
| 2015-12-31 | GBX0.60 | GBX77.50 | x |
| 2016-12-31 | GBX0.66 | GBX77.50 | x |
| 2017-12-31 | GBX0.70 | GBX77.50 | x |
| 2018-12-31 | GBX0.72 | GBX77.50 | x |
| 2019-12-31 | GBX0.86 | GBX77.50 | x |
| 2020-12-31 | GBX0.80 | GBX77.50 | x |
| 2021-12-31 | GBX0.87 | GBX77.50 | x |
| 2022-12-31 | GBX0.92 | GBX77.50 | x |
| 2023-12-31 | GBX0.97 | GBX77.50 | x |
| 2024-12-31 | GBX1.01 | GBX77.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Michelmersh Brick Holdings 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): 6.36%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.71%
- • Asset Turnover: 0.55x
- • Equity Multiplier: 1.32x
- Recent ROE (6.36%) is above the historical average (3.93%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2001 | 13.94% | 6.89% | 0.58x | 3.50x | GBX302.40K |
| 2002 | 7.33% | 5.78% | 0.55x | 2.29x | GBX-349.90K |
| 2003 | 12.75% | 17.76% | 0.44x | 1.65x | GBX723.70K |
| 2004 | 2.51% | 4.26% | 0.38x | 1.56x | GBX-2.34 Million |
| 2005 | 0.83% | 1.74% | 0.32x | 1.48x | GBX-4.06 Million |
| 2006 | -0.13% | -0.22% | 0.32x | 1.82x | GBX-3.68 Million |
| 2007 | -0.38% | -0.71% | 0.31x | 1.72x | GBX-4.63 Million |
| 2008 | -8.33% | -10.66% | 0.40x | 1.93x | GBX-5.69 Million |
| 2009 | -2.61% | -4.45% | 0.30x | 1.99x | GBX-3.83 Million |
| 2010 | -14.21% | -22.59% | 0.33x | 1.93x | GBX-8.98 Million |
| 2011 | 4.35% | 6.23% | 0.38x | 1.82x | GBX-1.96 Million |
| 2012 | 0.03% | 0.04% | 0.40x | 1.73x | GBX-3.54 Million |
| 2013 | -3.40% | -5.97% | 0.43x | 1.33x | GBX-6.10 Million |
| 2014 | 4.71% | 7.73% | 0.47x | 1.30x | GBX-2.47 Million |
| 2015 | 7.33% | 12.40% | 0.50x | 1.17x | GBX-1.32 Million |
| 2016 | 6.63% | 11.84% | 0.48x | 1.17x | GBX-1.81 Million |
| 2017 | 3.72% | 5.84% | 0.39x | 1.63x | GBX-3.73 Million |
| 2018 | 7.81% | 10.76% | 0.48x | 1.52x | GBX-1.39 Million |
| 2019 | 11.31% | 16.08% | 0.44x | 1.60x | GBX993.70K |
| 2020 | 6.19% | 9.48% | 0.45x | 1.45x | GBX-3.03 Million |
| 2021 | 7.20% | 10.30% | 0.53x | 1.32x | GBX-2.38 Million |
| 2022 | 9.98% | 12.98% | 0.55x | 1.39x | GBX-19.90K |
| 2023 | 10.41% | 12.49% | 0.62x | 1.34x | GBX377.60K |
| 2024 | 6.36% | 8.71% | 0.55x | 1.32x | GBX-3.49 Million |
Industry Comparison
This section compares Michelmersh Brick Holdings Plc's net assets metrics with peer companies in the Building Materials industry.
Industry Context
- Industry: Building Materials
- Average net assets among peers: $201,483,055
- Average return on equity (ROE) among peers: -0.19%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Michelmersh Brick Holdings Plc (MBH) | GBX93.69 Million | 13.94% | 0.39x | $10.15K |
| Breedon Group PLC (BREE) | $11.69 Million | -7.09% | 0.02x | $152.61K |
| CRH PLC (CRH) | $672.77 Million | 19.04% | 2.38x | $7.56 Million |
| Eco Buildings Group plc (ECOB) | $8.82 Million | -44.35% | 0.99x | $1.99K |
| Forterra PLC (FORT) | $134.20 Million | 39.34% | 1.15x | $44.40K |
| Ibstock PLC (IBST) | $397.87 Million | -7.04% | 0.71x | $61.37K |
| Marshalls PLC (MSLH) | $181.10 Million | -0.42% | 1.10x | $52.42K |
| Sigmaroc PLC (SRC) | $3.93 Million | -0.84% | 0.17x | $175.45K |