M&G Plc (MNG) - Net Assets
Based on the latest financial reports, M&G Plc (MNG) has net assets worth GBX3.19 Billion GBX as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX190.60 Billion) and total liabilities (GBX187.41 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 | GBX3.19 Billion |
| % of Total Assets | 1.67% |
| Annual Growth Rate | -9.58% |
| 5-Year Change | -40.36% |
| 10-Year Change | N/A |
| Growth Volatility | 31.0 |
M&G Plc - Net Assets Trend (2016–2025)
This chart illustrates how M&G 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 M&G Plc (2016–2025)
The table below shows the annual net assets of M&G Plc from 2016 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | GBX3.19 Billion | -4.06% |
| 2024-12-31 | GBX3.32 Billion | -26.58% |
| 2023-12-31 | GBX4.53 Billion | +59.93% |
| 2022-12-31 | GBX2.83 Billion | -47.05% |
| 2021-12-31 | GBX5.34 Billion | -4.30% |
| 2020-12-31 | GBX5.58 Billion | +8.85% |
| 2019-12-31 | GBX5.13 Billion | -41.69% |
| 2018-12-31 | GBX8.80 Billion | -7.52% |
| 2017-12-31 | GBX9.51 Billion | +20.57% |
| 2016-12-31 | GBX7.89 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to M&G 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 254700000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | GBX2.55 Billion | 81.22% |
| Common Stock | GBX121.00 Million | 3.86% |
| Other Comprehensive Income | GBX124.00 Million | 3.95% |
| Other Components | GBX344.00 Million | 10.97% |
| Total Equity | GBX3.14 Billion | 100.00% |
M&G Plc Competitors by Market Cap
The table below lists competitors of M&G Plc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
446540
KQ:446540
|
$87.27 Million |
|
Ajusteel Co. Ltd.
KO:139990
|
$87.27 Million |
|
Taekyung BK Co Ltd
KO:014580
|
$87.29 Million |
|
Kumpulan Kitacon Berhad
KLSE:5310
|
$87.31 Million |
|
Chu Kong Shipping Enterprises (Group) Company Limited
F:CKW
|
$87.26 Million |
|
Dexelance S.p.A.
F:QZ2
|
$87.25 Million |
|
Fountain Set (Holdings) Limited
F:FOV
|
$87.24 Million |
|
OSE Pharma SA
PA:OSE
|
$87.23 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in M&G Plc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 3,281,000,000 to 3,136,000,000, a change of -145,000,000 (-4.4%).
- Net income of 302,000,000 contributed positively to equity growth.
- Dividend payments of 482,000,000 reduced retained earnings.
- Other comprehensive income increased equity by 11,775,000,000.
- Other factors decreased equity by 11,740,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | GBX302.00 Million | +9.63% |
| Dividends Paid | GBX482.00 Million | -15.37% |
| Other Comprehensive Income | GBX11.78 Billion | +375.48% |
| Other Changes | GBX-11.74 Billion | -374.36% |
| Total Change | GBX- | -4.42% |
Book Value vs Market Value Analysis
This analysis compares M&G 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: 236.19x
- 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 increased from 99.21x to 236.19x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | GBX3.04 | GBX301.10 | x |
| 2017-12-31 | GBX3.66 | GBX301.10 | x |
| 2018-12-31 | GBX3.38 | GBX301.10 | x |
| 2019-12-31 | GBX1.97 | GBX301.10 | x |
| 2020-12-31 | GBX2.16 | GBX301.10 | x |
| 2021-12-31 | GBX2.06 | GBX301.10 | x |
| 2022-12-31 | GBX1.12 | GBX301.10 | x |
| 2023-12-31 | GBX1.69 | GBX301.10 | x |
| 2024-12-31 | GBX1.37 | GBX301.10 | x |
| 2025-12-31 | GBX1.27 | GBX301.10 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently M&G 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): 9.63%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.39%
- • Asset Turnover: 0.11x
- • Equity Multiplier: 60.78x
- Recent ROE (9.63%) is above the historical average (1.72%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 14.37% | 4.12% | 0.14x | 25.13x | GBX344.90 Million |
| 2017 | 11.29% | 4.85% | 0.09x | 26.35x | GBX122.90 Million |
| 2018 | 0.38% | 0.00% | -0.01x | 24.04x | GBX-846.90 Million |
| 2019 | 21.85% | 3.43% | 0.15x | 41.81x | GBX607.50 Million |
| 2020 | 20.41% | 7.22% | 0.07x | 38.90x | GBX580.30 Million |
| 2021 | 1.57% | 0.51% | 0.07x | 41.06x | GBX-446.60 Million |
| 2022 | -58.66% | 0.00% | -0.04x | 68.43x | GBX-1.91 Billion |
| 2023 | 7.35% | 2.78% | 0.06x | 46.92x | GBX-107.10 Million |
| 2024 | -10.97% | -3.20% | 0.06x | 56.15x | GBX-688.10 Million |
| 2025 | 9.63% | 1.39% | 0.11x | 60.78x | GBX-11.60 Million |
Industry Comparison
This section compares M&G Plc's net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $899,237,800
- Average return on equity (ROE) among peers: -0.29%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| M&G Plc (MNG) | GBX3.19 Billion | 14.37% | 58.79x | $87.27 Million |
| 3I Infrastructure PLC (3IN) | $3.56 Billion | 9.35% | 0.09x | $40.85 Million |
| 450 PLC (450) | $11.46 Million | -115.16% | 0.73x | $171.40K |
| abrdn Asian Income Fund Limited (AAIF) | $396.03 Million | 23.45% | 0.10x | $5.24 Million |
| Abrdn Asia Focus PLC (AAS) | $192.85 Million | 38.38% | 0.03x | $7.34 Million |
| Albion Technology & General VCT PLC (AATG) | $106.99 Million | 18.59% | 0.01x | $3.22 Million |
| Abrdn PLC (ABDN) | $3.74 Billion | 2.67% | 35.62x | $45.78 Million |
| Aberdeen Diversified Income and Growth Trust PLC (ADIG) | $436.77 Million | 5.46% | 0.14x | $450.86K |
| Aquila Energy Efficiency Trust PLC (AEET) | $97.38 Million | -0.64% | 0.00x | $217.99K |
| Aquila European Renewables Income PLC (AERI) | $320.23 Million | -9.29% | 0.00x | $92.83 Million |
| Artemis UK Future Leaders plc (AFL) | $127.67 Million | 24.33% | 0.02x | $4.20 |
About M&G Plc
M&G plc, through its subsidiaries, provides investment and savings products to institutional clients and individual policyholders in the United Kingdom and internationally. The company operates through Asset Management and Life segments. The Asset Management segment offers managed investment products, such as equities, fixed income, and multi-asset, as well as real estate investment products and … Read more