Morgan Sindall Group PLC
Morgan Sindall Group plc operates as a construction and regeneration company in the United Kingdom. The company operates through six segments: Partnership Housing, Mixed Use Partnerships, Fit Out, Construction, Infrastructure, and Property Services. The Partnership Housing segment focuses on working in partnerships with local authorities and housing associations, which includes mixed-tenure devel… Read more
Morgan Sindall Group PLC (MGNS) - Net Assets
Latest net assets as of June 2025: GBX677.30 Million GBX
Based on the latest financial reports, Morgan Sindall Group PLC (MGNS) has net assets worth GBX677.30 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 (GBX2.25 Billion) and total liabilities (GBX1.57 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 | GBX677.30 Million |
| % of Total Assets | 30.11% |
| Annual Growth Rate | 11.86% |
| 5-Year Change | 50.51% |
| 10-Year Change | 159.92% |
| Growth Volatility | 19.79 |
Morgan Sindall Group PLC - Net Assets Trend (1985–2024)
This chart illustrates how Morgan Sindall 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 Morgan Sindall Group PLC (1985–2024)
The table below shows the annual net assets of Morgan Sindall Group PLC from 1985 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | GBX647.20 Million | +13.92% |
| 2023-12-31 | GBX568.10 Million | +14.49% |
| 2022-12-31 | GBX496.20 Million | +4.64% |
| 2021-12-31 | GBX474.20 Million | +10.28% |
| 2020-12-31 | GBX430.00 Million | +8.37% |
| 2019-12-31 | GBX396.80 Million | +14.48% |
| 2018-12-31 | GBX346.60 Million | +9.48% |
| 2017-12-31 | GBX316.60 Million | +14.21% |
| 2016-12-31 | GBX277.20 Million | +11.33% |
| 2015-12-31 | GBX249.00 Million | -7.05% |
| 2014-12-31 | GBX267.90 Million | +4.24% |
| 2013-12-31 | GBX257.00 Million | +3.09% |
| 2012-12-31 | GBX249.30 Million | +5.81% |
| 2011-12-31 | GBX235.60 Million | +6.27% |
| 2010-12-31 | GBX221.70 Million | +5.92% |
| 2009-12-31 | GBX209.30 Million | +8.84% |
| 2008-12-31 | GBX192.30 Million | +16.05% |
| 2007-12-31 | GBX165.70 Million | +16.77% |
| 2006-12-31 | GBX141.90 Million | +21.68% |
| 2005-12-31 | GBX116.62 Million | +18.81% |
| 2004-12-31 | GBX98.16 Million | +24.44% |
| 2003-12-31 | GBX78.88 Million | +12.23% |
| 2002-12-31 | GBX70.28 Million | +10.26% |
| 2001-12-31 | GBX63.74 Million | +39.48% |
| 2000-12-31 | GBX45.70 Million | +20.49% |
| 1999-12-31 | GBX37.93 Million | +63.61% |
| 1998-12-31 | GBX23.18 Million | +32.35% |
| 1997-12-31 | GBX17.52 Million | +21.07% |
| 1996-12-31 | GBX14.47 Million | +17.88% |
| 1995-12-31 | GBX12.27 Million | +19.20% |
| 1994-12-31 | GBX10.30 Million | -15.31% |
| 1993-12-31 | GBX12.16 Million | -12.83% |
| 1992-12-31 | GBX13.95 Million | -26.57% |
| 1991-12-31 | GBX18.99 Million | -23.87% |
| 1990-12-31 | GBX24.95 Million | +1.79% |
| 1989-12-31 | GBX24.51 Million | +4.60% |
| 1988-12-31 | GBX23.43 Million | +79.49% |
| 1987-12-31 | GBX13.05 Million | +7.18% |
| 1986-12-31 | GBX12.18 Million | +48.79% |
| 1985-12-31 | GBX8.19 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Morgan Sindall 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 11810.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | GBX629.70 Million | 97.30% |
| Common Stock | GBX2.40 Million | 0.37% |
| Other Comprehensive Income | GBX-50.60 Million | -7.82% |
| Other Components | GBX65.70 Million | 10.15% |
| Total Equity | GBX647.20 Million | 100.00% |
Morgan Sindall Group PLC Competitors by Market Cap
The table below lists competitors of Morgan Sindall Group PLC ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Cyxone AB
ST:CYXO
|
$316.24K |
|
CENTURY ALUMINUM
BE:EY3
|
$316.31K |
|
NISSAN CHEMICAL IND - Dusseldorf Stock Exchang
DU:NSC
|
$316.32K |
|
China Dongsheng International Inc
PINK:CDSG
|
$316.36K |
|
Genpact Ltd
STU:35G
|
$315.73K |
|
BABW
BATS:BABW
|
$315.64K |
|
TOKIO MARINE
BE:MH6
|
$315.54K |
|
NATURAL GAS SRVCS
BE:NGS
|
$315.48K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Morgan Sindall Group PLC's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 568,100,000 to 647,200,000, a change of 79,100,000 (13.9%).
- Net income of 131,700,000 contributed positively to equity growth.
- Dividend payments of 56,100,000 reduced retained earnings.
- Share repurchases of 47,200,000 reduced equity.
- New share issuances of 29,200,000 increased equity.
- Other comprehensive income decreased equity by 28,500,000.
- Other factors increased equity by 50,000,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | GBX131.70 Million | +20.35% |
| Dividends Paid | GBX56.10 Million | -8.67% |
| Share Repurchases | GBX47.20 Million | -7.29% |
| Share Issuances | GBX29.20 Million | +4.51% |
| Other Comprehensive Income | GBX-28.50 Million | -4.4% |
| Other Changes | GBX50.00 Million | +7.73% |
| Total Change | GBX- | 13.92% |
Book Value vs Market Value Analysis
This analysis compares Morgan Sindall 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: 328.60x
- 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 20877.23x to 328.60x 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 | GBX0.21 | GBX4385.00 | x |
| 1986-12-31 | GBX0.31 | GBX4385.00 | x |
| 1987-12-31 | GBX0.33 | GBX4385.00 | x |
| 1988-12-31 | GBX0.47 | GBX4385.00 | x |
| 1989-12-31 | GBX0.50 | GBX4385.00 | x |
| 1990-12-31 | GBX0.51 | GBX4385.00 | x |
| 1991-12-31 | GBX0.36 | GBX4385.00 | x |
| 1992-12-31 | GBX0.23 | GBX4385.00 | x |
| 1993-12-31 | GBX0.19 | GBX4385.00 | x |
| 1994-12-31 | GBX0.14 | GBX4385.00 | x |
| 1995-12-31 | GBX0.19 | GBX4385.00 | x |
| 1996-12-31 | GBX0.24 | GBX4385.00 | x |
| 1997-12-31 | GBX0.32 | GBX4385.00 | x |
| 1998-12-31 | GBX0.47 | GBX4385.00 | x |
| 1999-12-31 | GBX0.85 | GBX4385.00 | x |
| 2000-12-31 | GBX1.05 | GBX4385.00 | x |
| 2001-12-31 | GBX1.49 | GBX4385.00 | x |
| 2002-12-31 | GBX1.69 | GBX4385.00 | x |
| 2003-12-31 | GBX1.87 | GBX4385.00 | x |
| 2004-12-31 | GBX2.31 | GBX4385.00 | x |
| 2005-12-31 | GBX2.71 | GBX4385.00 | x |
| 2006-12-31 | GBX3.30 | GBX4385.00 | x |
| 2007-12-31 | GBX3.86 | GBX4385.00 | x |
| 2008-12-31 | GBX4.52 | GBX4385.00 | x |
| 2009-12-31 | GBX4.90 | GBX4385.00 | x |
| 2010-12-31 | GBX5.18 | GBX4385.00 | x |
| 2011-12-31 | GBX5.49 | GBX4385.00 | x |
| 2012-12-31 | GBX5.84 | GBX4385.00 | x |
| 2013-12-31 | GBX5.95 | GBX4385.00 | x |
| 2014-12-31 | GBX6.17 | GBX4385.00 | x |
| 2015-12-31 | GBX5.62 | GBX4385.00 | x |
| 2016-12-31 | GBX6.13 | GBX4385.00 | x |
| 2017-12-31 | GBX6.81 | GBX4385.00 | x |
| 2018-12-31 | GBX7.37 | GBX4385.00 | x |
| 2019-12-31 | GBX8.53 | GBX4385.00 | x |
| 2020-12-31 | GBX9.07 | GBX4385.00 | x |
| 2021-12-31 | GBX9.90 | GBX4385.00 | x |
| 2022-12-31 | GBX10.63 | GBX4385.00 | x |
| 2023-12-31 | GBX12.09 | GBX4385.00 | x |
| 2024-12-31 | GBX13.34 | GBX4385.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Morgan Sindall 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): 20.35%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.90%
- • Asset Turnover: 2.13x
- • Equity Multiplier: 3.29x
- Recent ROE (20.35%) is above the historical average (12.51%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1985 | 10.15% | 3.02% | 1.61x | 2.09x | GBX12.40K |
| 1986 | 5.90% | 1.98% | 1.22x | 2.43x | GBX-499.00K |
| 1987 | 7.23% | 2.14% | 1.33x | 2.55x | GBX-361.50K |
| 1988 | 7.87% | 2.41% | 1.21x | 2.70x | GBX-392.20K |
| 1989 | 8.70% | 2.52% | 1.28x | 2.71x | GBX-253.00K |
| 1990 | 5.73% | 1.34% | 1.65x | 2.59x | GBX-850.80K |
| 1991 | -25.67% | -5.65% | 1.36x | 3.35x | GBX-5.01 Million |
| 1992 | -52.74% | -10.46% | 1.15x | 4.40x | GBX-5.65 Million |
| 1993 | -20.85% | -3.18% | 1.44x | 4.55x | GBX-2.23 Million |
| 1994 | -63.39% | -4.68% | 1.35x | 10.07x | GBX-3.93 Million |
| 1995 | 37.12% | 1.55% | 2.75x | 8.70x | GBX1.99 Million |
| 1996 | 46.93% | 1.58% | 3.04x | 9.77x | GBX3.52 Million |
| 1997 | 46.23% | 1.74% | 3.26x | 8.16x | GBX4.51 Million |
| 1998 | 42.28% | 1.82% | 3.55x | 6.55x | GBX5.89 Million |
| 1999 | 24.69% | 1.57% | 3.21x | 4.90x | GBX4.86 Million |
| 2000 | 27.19% | 1.74% | 3.24x | 4.83x | GBX7.21 Million |
| 2001 | 23.42% | 1.57% | 3.15x | 4.75x | GBX8.16 Million |
| 2002 | 14.79% | 1.00% | 3.30x | 4.48x | GBX3.36 Million |
| 2003 | 18.91% | 1.31% | 3.27x | 4.41x | GBX7.03 Million |
| 2004 | 24.48% | 1.97% | 2.93x | 4.24x | GBX14.22 Million |
| 2005 | 25.36% | 2.28% | 2.69x | 4.13x | GBX17.91 Million |
| 2006 | 23.11% | 2.19% | 2.67x | 3.96x | GBX18.61 Million |
| 2007 | 23.78% | 1.86% | 1.96x | 6.51x | GBX22.83 Million |
| 2008 | 23.30% | 1.76% | 2.59x | 5.12x | GBX25.57 Million |
| 2009 | 15.76% | 1.49% | 2.48x | 4.25x | GBX12.06 Million |
| 2010 | 13.47% | 1.42% | 2.05x | 4.61x | GBX7.71 Million |
| 2011 | 13.95% | 1.48% | 2.23x | 4.23x | GBX9.31 Million |
| 2012 | 12.33% | 1.50% | 2.15x | 3.81x | GBX5.83 Million |
| 2013 | 5.86% | 0.72% | 2.17x | 3.75x | GBX-10.65 Million |
| 2014 | 6.74% | 0.82% | 2.10x | 3.93x | GBX-8.75 Million |
| 2015 | -3.96% | -0.42% | 2.30x | 4.14x | GBX-34.87 Million |
| 2016 | 13.28% | 1.44% | 2.34x | 3.94x | GBX9.08 Million |
| 2017 | 16.55% | 1.88% | 2.23x | 3.96x | GBX20.74 Million |
| 2018 | 19.27% | 2.25% | 2.19x | 3.92x | GBX32.14 Million |
| 2019 | 17.94% | 2.32% | 2.20x | 3.52x | GBX31.52 Million |
| 2020 | 10.81% | 1.50% | 2.04x | 3.54x | GBX3.39 Million |
| 2021 | 20.65% | 3.05% | 1.88x | 3.60x | GBX50.48 Million |
| 2022 | 12.27% | 1.69% | 2.01x | 3.62x | GBX11.28 Million |
| 2023 | 20.72% | 2.86% | 2.03x | 3.57x | GBX60.89 Million |
| 2024 | 20.35% | 2.90% | 2.13x | 3.29x | GBX66.98 Million |
Industry Comparison
This section compares Morgan Sindall Group PLC's net assets metrics with peer companies in the Engineering & Construction industry.
Industry Context
- Industry: Engineering & Construction
- Average net assets among peers: $80,897,444
- Average return on equity (ROE) among peers: 15.81%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Morgan Sindall Group PLC (MGNS) | GBX677.30 Million | 10.15% | 2.32x | $316.21K |
| Aukett Fitzroy Robinson Group (AUK) | $5.91 Million | 29.22% | 1.41x | $663.98 |
| Billington Holdings PLC (BILN) | $8.58 Million | 11.79% | 1.54x | $6.04K |
| Built Cybernetics plc (BUC) | $2.97 Million | 21.88% | 2.28x | $22.35K |
| Ceps PLC (CEPS) | $3.29 Million | 13.40% | 0.63x | $996.49 |
| Galliford Try PLC (GFRD) | $569.20 Million | 16.22% | 2.37x | $57.86K |
| Hill & Smith Holdings PLC (HILS) | $9.98 Million | 12.25% | 0.88x | $216.88K |
| Nexus Infrastructure plc (NEXS) | $34.14 Million | 7.94% | 2.54x | $1.29K |
| RA International Group (RAI) | $59.19 Million | 16.82% | 0.09x | $156.58 |
| Severfield PLC (SFR) | $34.81 Million | 12.75% | 1.30x | $10.60K |