Northern Bear Plc (NTBR) - Net Assets

Latest as of September 2025: GBX24.84 Million GBX ≈ $3.02K USD

Based on the latest financial reports, Northern Bear Plc (NTBR) has net assets worth GBX24.84 Million GBX (≈ $3.02K USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX47.19 Million ≈ $5.74K USD) and total liabilities (GBX22.35 Million ≈ $2.72K 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. Read NTBR current and long-term liabilities for a breakdown of total debt and financial obligations.

Key Net Assets Metrics

Metric	Value
Current Net Assets	GBX24.84 Million
% of Total Assets	52.64%
Annual Growth Rate	4.79%
5-Year Change	0.12%
10-Year Change	0.23%
Growth Volatility	20.89

Northern Bear Plc - Net Assets Trend (2007–2025)

This chart illustrates how Northern Bear Plc's net assets have evolved over time, based on quarterly financial data. Also explore Northern Bear Plc (NTBR) total assets for the complete picture of this company's asset base.

Annual Net Assets for Northern Bear Plc (2007–2025)

The table below shows the annual net assets of Northern Bear Plc from 2007 to 2025. For live valuation and market cap data, see NTBR company net worth.

Year	Net Assets	Change
2025-03-31	GBX22.31 Million ≈ $2.71K	+10.12%
2024-03-31	GBX20.26 Million ≈ $2.47K	-10.21%
2023-03-31	GBX22.57 Million ≈ $2.75K	+7.59%
2022-03-31	GBX20.98 Million ≈ $2.55K	-5.88%
2021-03-31	GBX22.29 Million ≈ $2.71K	-7.45%
2020-03-31	GBX24.08 Million ≈ $2.93K	+3.58%
2019-03-31	GBX23.25 Million ≈ $2.83K	+8.74%
2018-03-31	GBX21.38 Million ≈ $2.60K	+8.56%
2017-03-31	GBX19.69 Million ≈ $2.40K	-11.54%
2016-03-31	GBX22.26 Million ≈ $2.71K	+5.72%
2015-03-31	GBX21.06 Million ≈ $2.56K	+7.06%
2014-03-31	GBX19.67 Million ≈ $2.39K	+7.29%
2013-03-31	GBX18.33 Million ≈ $2.23K	+2.64%
2012-03-31	GBX17.86 Million ≈ $2.17K	+3.25%
2011-03-31	GBX17.30 Million ≈ $2.10K	-13.39%
2010-03-31	GBX19.97 Million ≈ $2.43K	-6.12%
2009-03-31	GBX21.27 Million ≈ $2.59K	+19.81%
2008-03-31	GBX17.76 Million ≈ $2.16K	+84.66%
2007-03-31	GBX9.62 Million ≈ $1.17K	--

Equity Component Analysis

This analysis shows how different components contribute to Northern Bear 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 15639.1% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (March 2025)

Component	Amount	Percentage
Retained Earnings	GBX7.24 Million	32.45%
Common Stock	GBX190.00K	0.85%
Other Comprehensive Income	GBX6.00K	0.03%
Other Components	GBX14.88 Million	66.67%
Total Equity	GBX22.31 Million	100.00%

Northern Bear Plc Competitors by Market Cap

The table below lists competitors of Northern Bear Plc ranked by their market capitalization.

Company	Market Cap
Fang Holdings Ltd NYSE:SFUNY	$186.18K
Gladstone Land Corporation 6.00% Series C Cumulative Redeemable Preferred Stock NASDAQ:LANDP	$187.21K
GROUPIMO S.A. INH. EO 1- F:9KL0	$187.56K
Adventure Box Technology AB ST:ADVBOX	$187.75K
CleanTech Lithium plc LSE:CTL	$185.19K
Lipella Pharmaceuticals Inc. Common Stock NASDAQ:LIPO	$184.37K
Roquefort Investments PLC LSE:ROQ	$184.27K
Ratu Prabu Energi Tbk JK:ARTI	$183.76K

Equity Growth Attribution

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

Equity Growth Insights

From 2024 to 2025, total equity changed from 20,262,000 to 22,313,000, a change of 2,051,000 (10.1%).
Net income of 2,305,000 contributed positively to equity growth.
Dividend payments of 275,000 reduced retained earnings.
New share issuances of 5,000 increased equity.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	GBX2.31 Million	+10.33%
Dividends Paid	GBX275.00K	-1.23%
Share Issuances	GBX5.00K	+0.02%
Other Changes	GBX16.00K	+0.07%
Total Change	GBX-	10.12%

Book Value vs Market Value Analysis

This analysis compares Northern Bear 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: 68.61x
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 41.90x to 68.61x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2007-03-31	GBX2.65	GBX111.00	x
2008-03-31	GBX1.07	GBX111.00	x
2009-03-31	GBX1.13	GBX111.00	x
2010-03-31	GBX1.05	GBX111.00	x
2011-03-31	GBX0.93	GBX111.00	x
2012-03-31	GBX1.00	GBX111.00	x
2013-03-31	GBX1.02	GBX111.00	x
2014-03-31	GBX1.11	GBX111.00	x
2015-03-31	GBX1.18	GBX111.00	x
2016-03-31	GBX1.25	GBX111.00	x
2017-03-31	GBX1.10	GBX111.00	x
2018-03-31	GBX1.16	GBX111.00	x
2019-03-31	GBX1.25	GBX111.00	x
2020-03-31	GBX1.29	GBX111.00	x
2021-03-31	GBX1.19	GBX111.00	x
2022-03-31	GBX1.12	GBX111.00	x
2023-03-31	GBX1.20	GBX111.00	x
2024-03-31	GBX1.18	GBX111.00	x
2025-03-31	GBX1.62	GBX111.00	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Northern Bear 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): 10.33%
The company shows good efficiency in utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 2.95%
• Asset Turnover: 1.84x
• Equity Multiplier: 1.91x
Recent ROE (10.33%) is above the historical average (4.48%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2007	0.19%	0.38%	0.25x	1.98x	GBX-943.60K
2008	8.77%	4.83%	0.99x	1.83x	GBX-217.70K
2009	10.21%	5.20%	1.08x	1.81x	GBX44.50K
2010	-6.81%	-4.93%	0.76x	1.81x	GBX-3.36 Million
2011	-1.25%	-0.80%	0.79x	1.99x	GBX-1.95 Million
2012	3.15%	1.55%	1.11x	1.83x	GBX-1.22 Million
2013	2.66%	1.39%	1.08x	1.77x	GBX-1.35 Million
2014	6.79%	3.63%	1.07x	1.74x	GBX-632.00K
2015	7.16%	3.61%	1.17x	1.69x	GBX-597.80K
2016	6.53%	4.19%	1.00x	1.56x	GBX-772.20K
2017	10.13%	4.38%	1.39x	1.67x	GBX24.80K
2018	9.28%	3.70%	1.47x	1.71x	GBX-153.80K
2019	11.15%	4.58%	1.53x	1.59x	GBX266.40K
2020	6.18%	2.73%	1.39x	1.63x	GBX-919.90K
2021	-8.05%	-3.65%	1.35x	1.64x	GBX-4.02 Million
2022	-6.33%	-2.17%	1.57x	1.86x	GBX-3.43 Million
2023	7.05%	2.28%	1.74x	1.78x	GBX-664.70K
2024	8.02%	2.36%	1.75x	1.94x	GBX-402.20K
2025	10.33%	2.95%	1.84x	1.91x	GBX73.70K

Industry Comparison

This section compares Northern Bear Plc's net assets metrics with peer companies in the Building Products & Equipment industry.

Industry Context

Industry: Building Products & Equipment
Average net assets among peers: $136,349,250
Average return on equity (ROE) among peers: 17.52%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Northern Bear Plc (NTBR)	GBX24.84 Million	0.19%	0.90x	$185.84K
Eurocell PLC (ECEL)	$49.37 Million	39.78%	1.32x	$1.22 Million
Epwin Group PLC (EPWN)	$101.10 Million	8.31%	2.04x	$1.98 Million
Volution Group plc (FAN)	$153.54 Million	10.16%	0.71x	$14.77 Million
Genuit Group plc (GEN)	$500.90 Million	3.69%	0.40x	$7.71 Million
James Halstead PLC (JHD)	$10.95 Million	22.55%	1.08x	$7.01 Million
Norcros Plc (NXR)	$210.40 Million	7.98%	1.12x	$3.09 Million
Stelrad Group PLC (SRAD)	$57.59 Million	28.68%	2.84x	$2.03 Million
Titon Holdings Plc (TON)	$6.93 Million	18.98%	0.41x	$102.65K

About Northern Bear Plc

LSE:NTBR UK Building Products & Equipment

Market Cap

$185.84K

GBX1.53 Billion GBX

Market Cap Rank

#30842 Global

#1026 in UK

Share Price

GBX111.00

Change (1 day)

+0.00%

52-Week Range

GBX66.50 - GBX152.50

All Time High

GBX152.50