Northern Electric plc 8.061P(NET)CUM IRRD PRF 1P
Northern Electric plc 8.061P(NET)CUM IRRD PRF 1P operates in Application Software.
Northern Electric plc 8.061P(NET)CUM IRRD PRF 1P (NTEA) - Net Assets
Latest net assets as of June 2024: GBX1.57 Billion GBX
Based on the latest financial reports, Northern Electric plc 8.061P(NET)CUM IRRD PRF 1P (NTEA) has net assets worth GBX1.57 Billion GBX as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX3.89 Billion) and total liabilities (GBX2.31 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 | GBX1.57 Billion |
| % of Total Assets | 40.46% |
| Annual Growth Rate | 6.89% |
| 5-Year Change | 18.96% |
| 10-Year Change | 65.9% |
| Growth Volatility | 7.22 |
Northern Electric plc 8.061P(NET)CUM IRRD PRF 1P - Net Assets Trend (2013–2023)
This chart illustrates how Northern Electric plc 8.061P(NET)CUM IRRD PRF 1P's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Northern Electric plc 8.061P(NET)CUM IRRD PRF 1P (2013–2023)
The table below shows the annual net assets of Northern Electric plc 8.061P(NET)CUM IRRD PRF 1P from 2013 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | GBX1.47 Billion | +5.25% |
| 2022-12-31 | GBX1.40 Billion | -4.66% |
| 2021-12-31 | GBX1.47 Billion | +14.53% |
| 2020-12-31 | GBX1.28 Billion | +3.51% |
| 2019-12-31 | GBX1.24 Billion | +5.78% |
| 2018-12-31 | GBX1.17 Billion | +5.17% |
| 2017-12-31 | GBX1.11 Billion | +14.05% |
| 2016-12-31 | GBX974.77 Million | -3.35% |
| 2015-12-31 | GBX1.01 Billion | +13.72% |
| 2014-12-31 | GBX886.89 Million | +17.31% |
| 2013-12-31 | GBX756.00 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Northern Electric plc 8.061P(NET)CUM IRRD PRF 1P'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 135.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | GBX1.22 Billion | 83.14% |
| Common Stock | GBX72.17 Million | 4.91% |
| Other Comprehensive Income | GBX17.20 Million | 1.17% |
| Other Components | GBX158.75 Million | 10.79% |
| Total Equity | GBX1.47 Billion | 100.00% |
Northern Electric plc 8.061P(NET)CUM IRRD PRF 1P Competitors by Market Cap
The table below lists competitors of Northern Electric plc 8.061P(NET)CUM IRRD PRF 1P ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Ocean Harvest Technology Group PLC
LSE:OHT
|
$153.13 |
|
Redacted Industries Inc.
NASDAQ:VNUED
|
$153.32 |
|
ACCESS HOLDINGS PLC
XNSA:ACCESSCORP
|
$153.58 |
|
Fevara plc
LSE:FVA
|
$153.94 |
|
RISANAMENTO
MU:RN5
|
$152.41 |
|
JPMorgan Emerging Markets Ord
LSE:JMG
|
$152.22 |
|
ECONET WIRELESS HOLDINGS LIMITED
XZIM:ECO
|
$152.19 |
|
One Step Vending Corp
PINK:KOSK
|
$151.84 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Northern Electric plc 8.061P(NET)CUM IRRD PRF 1P's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 1,397,996,000 to 1,471,360,000, a change of 73,364,000 (5.2%).
- Net income of 134,620,000 contributed positively to equity growth.
- Dividend payments of 48,000,000 reduced retained earnings.
- Other comprehensive income decreased equity by 5,261,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | GBX134.62 Million | +9.15% |
| Dividends Paid | GBX48.00 Million | -3.26% |
| Other Comprehensive Income | GBX-5.26 Million | -0.36% |
| Other Changes | GBX-8.00 Million | -0.54% |
| Total Change | GBX- | 5.25% |
Book Value vs Market Value Analysis
This analysis compares Northern Electric plc 8.061P(NET)CUM IRRD PRF 1P'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: 11.06x
- 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 21.54x to 11.06x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-12-31 | GBX5.92 | GBX127.50 | x |
| 2014-12-31 | GBX6.95 | GBX127.50 | x |
| 2015-12-31 | GBX7.90 | GBX127.50 | x |
| 2016-12-31 | GBX7.63 | GBX127.50 | x |
| 2017-12-31 | GBX8.71 | GBX127.50 | x |
| 2018-12-31 | GBX9.16 | GBX127.50 | x |
| 2019-12-31 | GBX9.69 | GBX127.50 | x |
| 2020-12-31 | GBX10.03 | GBX127.50 | x |
| 2021-12-31 | GBX11.48 | GBX127.50 | x |
| 2022-12-31 | GBX10.95 | GBX127.50 | x |
| 2023-12-31 | GBX11.52 | GBX127.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Northern Electric plc 8.061P(NET)CUM IRRD PRF 1P 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): 9.15%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 23.60%
- • Asset Turnover: 0.15x
- • Equity Multiplier: 2.58x
- Recent ROE (9.15%) is below the historical average (10.96%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 17.51% | 37.72% | 0.18x | 2.62x | GBX56.77 Million |
| 2014 | 15.81% | 34.25% | 0.19x | 2.49x | GBX51.55 Million |
| 2015 | 14.35% | 37.47% | 0.16x | 2.34x | GBX43.92 Million |
| 2016 | 14.02% | 35.52% | 0.15x | 2.57x | GBX39.23 Million |
| 2017 | 10.02% | 27.62% | 0.14x | 2.57x | GBX261.70K |
| 2018 | 9.07% | 25.16% | 0.14x | 2.57x | GBX-10.91 Million |
| 2019 | 9.20% | 25.43% | 0.14x | 2.52x | GBX-9.86 Million |
| 2020 | 7.74% | 21.81% | 0.14x | 2.50x | GBX-28.94 Million |
| 2021 | 5.30% | 15.74% | 0.14x | 2.38x | GBX-68.90 Million |
| 2022 | 8.36% | 20.95% | 0.15x | 2.64x | GBX-22.88 Million |
| 2023 | 9.15% | 23.60% | 0.15x | 2.58x | GBX-12.52 Million |
Industry Comparison
This section compares Northern Electric plc 8.061P(NET)CUM IRRD PRF 1P's net assets metrics with peer companies in the Other industry.
Industry Context
- Industry: Other
- Average net assets among peers: $12,059,423,087
- Average return on equity (ROE) among peers: 12.11%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Northern Electric plc 8.061P(NET)CUM IRRD PRF 1P (NTEA) | GBX1.57 Billion | 17.51% | 1.47x | $152.51 |
| Aviva plc 8.75% CUM IRRD PRF GBP1 (AV-A) | $17.73 Billion | 8.25% | 19.88x | $116.04 |
| Bristol Water Holdings UK Limited 8.75% CUM IRRD PRF GBP1 (BWRA) | $218.00 Million | 0.23% | 2.72x | $163.62 |
| Edita Food Industries Company (S.A.E) (EFID) | $2.72 Billion | 35.51% | 1.13x | $13.09K |
| Electrica SA (ELSA) | $4.42 Billion | 4.08% | 0.80x | $183.44K |
| Telecom Egypt Company S.A.E (TEEG) | $35.22 Billion | 12.49% | 1.07x | $27.31K |