Melrose Industries PLC (MRO) - Net Assets

Latest as of June 2025: GBX2.85 Billion GBX ≈ $347.01K USD

Based on the latest financial reports, Melrose Industries PLC (MRO) has net assets worth GBX2.85 Billion GBX (≈ $347.01K USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX7.33 Billion ≈ $891.85K USD) and total liabilities (GBX4.48 Billion ≈ $544.84K USD). 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. Check tangible equity quality of Melrose Industries PLC to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric Value
Current Net Assets GBX2.85 Billion
% of Total Assets 38.91%
Annual Growth Rate 29.36%
5-Year Change -60.36%
10-Year Change -0.05%
Growth Volatility 656.62

Melrose Industries PLC - Net Assets Trend (2003–2024)

This chart illustrates how Melrose Industries PLC's net assets have evolved over time, based on quarterly financial data. See Melrose Industries PLC liquidity coverage in days to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Melrose Industries PLC (2003–2024)

The table below shows the annual net assets of Melrose Industries PLC from 2003 to 2024. For live valuation and market cap data, see MRO market cap.

Year Net Assets Change
2024-12-31 GBX2.84 Billion
≈ $346.03K		 -20.27%
2023-12-31 GBX3.57 Billion
≈ $434.00K		 -50.42%
2022-12-31 GBX7.19 Billion
≈ $875.30K		 -4.87%
2021-12-31 GBX7.56 Billion
≈ $920.08K		 +5.39%
2020-12-31 GBX7.17 Billion
≈ $872.99K		 -5.94%
2019-12-31 GBX7.63 Billion
≈ $928.11K		 -7.66%
2018-12-31 GBX8.26 Billion
≈ $1.01 Million		 +338.25%
2017-12-31 GBX1.89 Billion
≈ $229.35K		 -12.84%
2016-12-31 GBX2.16 Billion
≈ $263.15K		 -23.99%
2015-12-31 GBX2.85 Billion
≈ $346.20K		 +80.81%
2014-12-31 GBX1.57 Billion
≈ $191.47K		 -28.07%
2013-12-31 GBX2.19 Billion
≈ $266.20K		 +25.62%
2012-12-31 GBX1.74 Billion
≈ $211.91K		 +168.62%
2011-12-31 GBX648.40 Million
≈ $78.89K		 -26.56%
2010-12-31 GBX882.90 Million
≈ $107.42K		 +15.67%
2009-12-31 GBX763.30 Million
≈ $92.87K		 -5.47%
2008-12-31 GBX807.50 Million
≈ $98.25K		 +201.87%
2007-12-31 GBX267.50 Million
≈ $32.55K		 +4.86%
2006-12-31 GBX255.10 Million
≈ $31.04K		 -5.73%
2005-12-31 GBX270.60 Million
≈ $32.92K		 +3083.53%
2004-12-31 GBX8.50 Million
≈ $1.03K		 -33.38%
2003-12-31 GBX12.76 Million
≈ $1.55K		 --

Equity Component Analysis

This analysis shows how different components contribute to Melrose Industries 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 377813300000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings GBX3.78 Billion 132.84%
Common Stock GBX1.00 Million 0.04%
Other Comprehensive Income GBX-1.94 Billion -68.04%
Other Components GBX1.00 Billion 35.16%
Total Equity GBX2.84 Billion 100.00%

Melrose Industries PLC Competitors by Market Cap

The table below lists competitors of Melrose Industries PLC ranked by their market capitalization.

Company Market Cap
Vortex Consolidated Bhd
KLSE:0060
 $72.28 Million
Optex Systems Holdings, Inc. Common Stock
NASDAQ:OPXS
 $72.29 Million
BioHarvest Sciences Inc. Common Stock
NASDAQ:BHST
 $72.31 Million
Union Auction Public Company Limited
BK:AUCT
 $72.34 Million
XBiotech Inc
NASDAQ:XBIT
 $72.26 Million
St. James's Place plc
LSE:STJ
 $72.24 Million
Transat AT Inc
TO:TRZ
 $72.24 Million
Altenergy Acquisition Corp
NASDAQ:AEAE
 $72.22 Million

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 3,567,000,000 to 2,844,000,000, a change of -723,000,000 (-20.3%).
  • Net loss of 49,000,000 reduced equity.
  • Dividend payments of 72,000,000 reduced retained earnings.
  • Share repurchases of 431,000,000 reduced equity.
  • Other comprehensive income decreased equity by 740,000,000.
  • Other factors increased equity by 569,000,000.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income GBX-49.00 Million -1.72%
Dividends Paid GBX72.00 Million -2.53%
Share Repurchases GBX431.00 Million -15.15%
Other Comprehensive Income GBX-740.00 Million -26.02%
Other Changes GBX569.00 Million +20.01%
Total Change GBX- -20.27%

Book Value vs Market Value Analysis

This analysis compares Melrose Industries 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: 217.74x
  • 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 33922.43x to 217.74x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2003-12-31 GBX0.01 GBX473.80 x
2004-12-31 GBX9.90 GBX473.80 x
2005-12-31 GBX13.20 GBX473.80 x
2006-12-31 GBX7.61 GBX473.80 x
2007-12-31 GBX4.82 GBX473.80 x
2008-12-31 GBX10.13 GBX473.80 x
2009-12-31 GBX5.95 GBX473.80 x
2010-12-31 GBX6.69 GBX473.80 x
2011-12-31 GBX2.37 GBX473.80 x
2012-12-31 GBX9.90 GBX473.80 x
2013-12-31 GBX2.33 GBX473.80 x
2014-12-31 GBX1.65 GBX473.80 x
2015-12-31 GBX2.99 GBX473.80 x
2016-12-31 GBX2.40 GBX473.80 x
2017-12-31 GBX1.62 GBX473.80 x
2018-12-31 GBX6.94 GBX473.80 x
2019-12-31 GBX5.16 GBX473.80 x
2020-12-31 GBX4.86 GBX473.80 x
2021-12-31 GBX4.80 GBX473.80 x
2022-12-31 GBX5.07 GBX473.80 x
2023-12-31 GBX2.64 GBX473.80 x
2024-12-31 GBX2.18 GBX473.80 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Melrose Industries 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): -1.72%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -1.41%
  • • Asset Turnover: 0.47x
  • • Equity Multiplier: 2.61x
  • Recent ROE (-1.72%) is below the historical average (3.57%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2003 -1.04% 0.00% 0.00x 1.01x GBX-1.41 Million
2004 -49.41% 0.00% 0.00x 1.40x GBX-5.05 Million
2005 -1.45% -1.44% 0.39x 2.56x GBX-30.87 Million
2006 14.84% 11.65% 0.50x 2.57x GBX12.29 Million
2007 80.66% 74.43% 0.70x 1.56x GBX188.17 Million
2008 -6.00% -5.39% 0.35x 3.15x GBX-128.82 Million
2009 10.44% 6.12% 0.64x 2.68x GBX3.34 Million
2010 16.01% 13.63% 0.48x 2.43x GBX52.95 Million
2011 44.19% 26.52% 0.61x 2.75x GBX221.67 Million
2012 2.45% 2.74% 0.35x 2.55x GBX-130.96 Million
2013 25.74% 32.47% 0.47x 1.68x GBX344.10 Million
2014 0.47% 2.28% 0.10x 2.03x GBX-149.71 Million
2015 -0.60% -6.59% 0.09x 1.05x GBX-301.74 Million
2016 -1.80% -4.39% 0.24x 1.69x GBX-255.28 Million
2017 -1.27% -1.15% 0.66x 1.67x GBX-212.50 Million
2018 -5.67% -5.73% 0.41x 2.40x GBX-1.29 Billion
2019 -0.52% -0.36% 0.60x 2.42x GBX-791.50 Million
2020 -7.46% -7.40% 0.43x 2.36x GBX-1.24 Billion
2021 -6.66% -7.52% 0.47x 1.87x GBX-1.25 Billion
2022 -4.10% -3.87% 0.54x 1.96x GBX-1.00 Billion
2023 -28.57% -30.42% 0.48x 1.94x GBX-1.38 Billion
2024 -1.72% -1.41% 0.47x 2.61x GBX-333.40 Million

Industry Comparison

This section compares Melrose Industries PLC's net assets metrics with peer companies in the Specialty Industrial Machinery industry.

Industry Context

  • Industry: Specialty Industrial Machinery
  • Average net assets among peers: $167,126,806
  • Average return on equity (ROE) among peers: -11.90%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Melrose Industries PLC (MRO) GBX2.85 Billion -1.04% 1.57x $72.28 Million
Avingtrans Plc (AVG) $2.65 Million 32.93% 2.41x $2.53 Million
Bodycote PLC (BOY) $297.53 Million 17.97% 0.85x $14.95 Million
Castings PLC (CGS) $14.55 Million 20.99% 0.76x $1.72 Million
Clean Power Hydrogen PLC (CPH2) $6.42 Million -225.05% 0.51x $830.69K
EQTEC plc (EQT) $1.36 Million 0.00% 6.90x $3.20 Million
Goodwin PLC (GDWN) $3.16 Million 8.10% 1.42x $14.88 Million
IMI PLC (IMI) $554.10 Million 34.29% 1.48x $86.09 Million
ITM Power (ITM) $295.51 Million -34.25% 0.36x $10.56 Million
Morgan Advanced Materials plc (MGAM) $430.60 Million 14.10% 1.83x $7.65 Million
MPAC Group PLC (MPAC) $65.40 Million 11.93% 0.96x $859.88K

About Melrose Industries PLC

LSE:MRO UK Specialty Industrial Machinery
Market Cap
$72.28 Million
GBX594.05 Billion GBX
Market Cap Rank
#20578 Global
#134 in UK
Share Price
GBX473.80
Change (1 day)
+1.07%
52-Week Range
GBX448.20 - GBX681.80
All Time High
GBX681.80
Categories
Companies in UK Specialty Industrial Machinery
About

Melrose Industries PLC, together with its subsidiaries, designs and delivers aerospace components and systems for civil and defence markets in the United Kingdom, rest of Europe, North America, and internationally. The company operates through Engines and Structures segments. The Engines segment offers structural engineered components; parts repair; commercial and aftermarket contracts; engine mo… Read more