Nichols

LSE:NICL UK Beverages - Non-Alcoholic
Market Cap
$4.31 Million
GBX35.39 Billion GBX
Market Cap Rank
#42535 Global
#659 in UK
Share Price
GBX968.00
Change (1 day)
+0.21%
52-Week Range
GBX892.00 - GBX1465.00
All Time High
GBX1557.33
Categories
Companies in UK Beverages - Non-Alcoholic
About

Nichols plc, together with its subsidiaries, engages in supply of soft drinks to the retail, wholesale, catering, licensed, and leisure industries in the United Kingdom, the Middle East, Africa, and internationally. It operates through Packaged and Out of Home segments. The company offers squash, still drinks, carbonates, flavored water, and energy drinks under the Vimto, Levi Roots, and SLUSH PU… Read more

Nichols (NICL) - Net Assets

Latest net assets as of June 2025: GBX87.01 Million GBX

Based on the latest financial reports, Nichols (NICL) has net assets worth GBX87.01 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 (GBX129.62 Million) and total liabilities (GBX42.61 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 GBX87.01 Million
% of Total Assets 67.13%
Annual Growth Rate 5.16%
5-Year Change -29.89%
10-Year Change 15.11%
Growth Volatility 15.33

Nichols - Net Assets Trend (1985–2024)

This chart illustrates how Nichols's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Nichols (1985–2024)

The table below shows the annual net assets of Nichols from 1985 to 2024.

Year Net Assets Change
2024-12-31 GBX84.05 Million -13.66%
2023-12-31 GBX97.34 Million +9.70%
2022-12-31 GBX88.74 Million -4.61%
2021-12-31 GBX93.03 Million -22.40%
2020-12-31 GBX119.88 Million -4.36%
2019-12-31 GBX125.34 Million +11.80%
2018-12-31 GBX112.11 Million +12.88%
2017-12-31 GBX99.32 Million +15.53%
2016-12-31 GBX85.97 Million +17.75%
2015-12-31 GBX73.01 Million +25.71%
2014-12-31 GBX58.08 Million +7.67%
2013-12-31 GBX53.94 Million +19.88%
2012-12-31 GBX44.99 Million +23.95%
2011-12-31 GBX36.30 Million +20.30%
2010-12-31 GBX30.18 Million +23.38%
2009-12-31 GBX24.46 Million +15.01%
2008-12-31 GBX21.27 Million -9.49%
2007-12-31 GBX23.50 Million +17.43%
2006-12-31 GBX20.01 Million +17.76%
2005-12-31 GBX16.99 Million -5.90%
2004-12-31 GBX18.06 Million -27.80%
2003-12-31 GBX25.01 Million -7.62%
2002-12-31 GBX27.07 Million -24.77%
2001-12-31 GBX35.98 Million +2.32%
2000-12-31 GBX35.17 Million +6.01%
1999-12-31 GBX33.17 Million +10.51%
1998-12-31 GBX30.02 Million +3.29%
1997-12-31 GBX29.06 Million +14.27%
1996-12-31 GBX25.43 Million +6.38%
1995-12-31 GBX23.91 Million -6.64%
1994-12-31 GBX25.61 Million +16.12%
1993-12-31 GBX22.05 Million +19.84%
1992-12-31 GBX18.40 Million +22.91%
1991-12-31 GBX14.97 Million +25.00%
1990-12-31 GBX11.98 Million +17.06%
1989-12-31 GBX10.23 Million -30.31%
1988-12-31 GBX14.68 Million +17.80%
1987-12-31 GBX12.46 Million +13.53%
1986-12-31 GBX10.98 Million -7.16%
1985-12-31 GBX11.83 Million --

Equity Component Analysis

This analysis shows how different components contribute to Nichols'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 1028.9% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings GBX73.41 Million 87.35%
Common Stock GBX3.70 Million 4.40%
Other Comprehensive Income GBX3.68 Million 4.38%
Other Components GBX3.25 Million 3.87%
Total Equity GBX84.05 Million 100.00%

Nichols Competitors by Market Cap

The table below lists competitors of Nichols ranked by their market capitalization.

Company Market Cap
INDEPENDENCE GROUP
MU:IDZ
 		$44.06K
American International Ventures Inc
PINK:AIVN
 		$44.12K
Premium Global Income Split Corp.
TO:PGIC
 		$44.13K
OJI HOLDINGS
BE:OJI
 		$44.13K
STRATEGIC MINERALS EUR.
F:26K0
 		$44.02K
TMEF
PINK:TMEF
 		$43.98K
NGRD3F
SA:NGRD3F
 		$43.96K
KCTC
KQ:009070
 		$43.95K

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 97,342,000 to 84,045,000, a change of -13,297,000 (-13.7%).
  • Net income of 17,838,000 contributed positively to equity growth.
  • Dividend payments of 31,153,000 reduced retained earnings.
  • Other comprehensive income increased equity by 626,000.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income GBX17.84 Million +21.22%
Dividends Paid GBX31.15 Million -37.07%
Other Comprehensive Income GBX626.00K +0.74%
Other Changes GBX-608.00K -0.72%
Total Change GBX- -13.66%

Book Value vs Market Value Analysis

This analysis compares Nichols'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: 420.88x
  • 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 3777.54x to 420.88x 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 GBX0.26 GBX968.00 x
1986-12-31 GBX0.24 GBX968.00 x
1987-12-31 GBX0.27 GBX968.00 x
1988-12-31 GBX0.31 GBX968.00 x
1989-12-31 GBX0.24 GBX968.00 x
1990-12-31 GBX0.30 GBX968.00 x
1991-12-31 GBX0.38 GBX968.00 x
1992-12-31 GBX0.46 GBX968.00 x
1993-12-31 GBX0.56 GBX968.00 x
1994-12-31 GBX0.65 GBX968.00 x
1995-12-31 GBX0.60 GBX968.00 x
1996-12-31 GBX0.65 GBX968.00 x
1997-12-31 GBX0.76 GBX968.00 x
1998-12-31 GBX0.80 GBX968.00 x
1999-12-31 GBX0.87 GBX968.00 x
2000-12-31 GBX0.96 GBX968.00 x
2001-12-31 GBX0.99 GBX968.00 x
2002-12-31 GBX0.73 GBX968.00 x
2003-12-31 GBX0.69 GBX968.00 x
2004-12-31 GBX0.49 GBX968.00 x
2005-12-31 GBX0.46 GBX968.00 x
2006-12-31 GBX0.54 GBX968.00 x
2007-12-31 GBX0.64 GBX968.00 x
2008-12-31 GBX0.58 GBX968.00 x
2009-12-31 GBX0.66 GBX968.00 x
2010-12-31 GBX0.82 GBX968.00 x
2011-12-31 GBX0.99 GBX968.00 x
2012-12-31 GBX1.22 GBX968.00 x
2013-12-31 GBX1.46 GBX968.00 x
2014-12-31 GBX1.57 GBX968.00 x
2015-12-31 GBX1.98 GBX968.00 x
2016-12-31 GBX2.33 GBX968.00 x
2017-12-31 GBX2.69 GBX968.00 x
2018-12-31 GBX3.04 GBX968.00 x
2019-12-31 GBX3.40 GBX968.00 x
2020-12-31 GBX3.24 GBX968.00 x
2021-12-31 GBX2.52 GBX968.00 x
2022-12-31 GBX2.43 GBX968.00 x
2023-12-31 GBX2.67 GBX968.00 x
2024-12-31 GBX2.30 GBX968.00 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Nichols 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): 21.22%
  • The company demonstrates strong efficiency in generating profits from shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 10.32%
  • • Asset Turnover: 1.42x
  • • Equity Multiplier: 1.45x
  • Recent ROE (21.22%) is above the historical average (20.79%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1985 25.35% 13.33% 1.36x 1.40x GBX1.82 Million
1986 34.88% 13.33% 1.49x 1.76x GBX2.73 Million
1987 30.63% 12.41% 1.50x 1.65x GBX2.57 Million
1988 28.87% 10.77% 1.72x 1.56x GBX2.77 Million
1989 35.62% 7.32% 2.53x 1.93x GBX2.62 Million
1990 37.87% 9.10% 2.40x 1.73x GBX3.34 Million
1991 34.54% 11.00% 1.97x 1.60x GBX3.67 Million
1992 30.45% 11.91% 1.63x 1.56x GBX3.76 Million
1993 26.90% 12.00% 1.54x 1.46x GBX3.73 Million
1994 23.39% 10.63% 1.50x 1.47x GBX3.43 Million
1995 26.46% 9.64% 1.69x 1.62x GBX3.92 Million
1996 25.82% 9.04% 1.79x 1.60x GBX4.02 Million
1997 24.97% 9.67% 1.62x 1.60x GBX4.35 Million
1998 18.28% 7.52% 1.41x 1.73x GBX2.48 Million
1999 18.69% 7.68% 1.30x 1.87x GBX2.88 Million
2000 14.92% 5.80% 1.27x 2.03x GBX1.73 Million
2001 11.31% 4.32% 1.26x 2.07x GBX470.50K
2002 -20.92% -5.88% 1.56x 2.28x GBX-8.37 Million
2003 6.95% 1.79% 1.64x 2.37x GBX-762.80K
2004 -48.19% -9.88% 2.33x 2.09x GBX-10.51 Million
2005 23.33% 6.26% 1.52x 2.45x GBX2.26 Million
2006 31.35% 12.00% 1.41x 1.85x GBX4.27 Million
2007 24.13% 10.26% 1.45x 1.62x GBX3.32 Million
2008 13.90% 5.26% 1.54x 1.72x GBX830.40K
2009 34.16% 11.54% 1.69x 1.76x GBX5.91 Million
2010 35.87% 12.90% 1.66x 1.67x GBX7.81 Million
2011 36.71% 13.47% 1.53x 1.78x GBX9.70 Million
2012 33.91% 14.16% 1.47x 1.63x GBX10.76 Million
2013 26.16% 12.84% 1.38x 1.48x GBX8.72 Million
2014 24.36% 12.95% 1.27x 1.48x GBX8.34 Million
2015 30.45% 20.35% 1.12x 1.34x GBX14.93 Million
2016 29.64% 21.71% 1.00x 1.36x GBX16.88 Million
2017 23.33% 17.45% 1.04x 1.28x GBX13.24 Million
2018 22.76% 17.96% 1.00x 1.26x GBX14.30 Million
2019 21.41% 18.26% 0.94x 1.25x GBX14.30 Million
2020 4.05% 4.09% 0.81x 1.22x GBX-7.13 Million
2021 -23.83% -15.36% 1.10x 1.41x GBX-31.47 Million
2022 13.11% 7.05% 1.35x 1.38x GBX2.76 Million
2023 18.86% 10.75% 1.30x 1.35x GBX8.63 Million
2024 21.22% 10.32% 1.42x 1.45x GBX9.43 Million

Industry Comparison

This section compares Nichols's net assets metrics with peer companies in the Beverages - Non-Alcoholic industry.

Industry Context

  • Industry: Beverages - Non-Alcoholic
  • Average net assets among peers: $2,036,720,056
  • Average return on equity (ROE) among peers: 22.78%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Nichols (NICL) GBX87.01 Million 25.35% 0.49x $44.04K
A.G.Barr PLC (BAG) $127.02 Million 22.16% 0.55x $94.20K
Coca Cola HBC AG (CCH) $3.95 Billion 23.40% 1.94x $1.62 Million