Next PLC (NXT) - Net Assets
Based on the latest financial reports, Next PLC (NXT) has net assets worth GBX1.78 Billion GBX (≈ $216.64K USD) as of January 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX4.92 Billion ≈ $598.05K USD) and total liabilities (GBX3.13 Billion ≈ $381.41K 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 strategic asset allocation of Next PLC to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | GBX1.78 Billion |
| % of Total Assets | 36.22% |
| Annual Growth Rate | 6.53% |
| 5-Year Change | 76.29% |
| 10-Year Change | 248.78% |
| Growth Volatility | 39.23 |
Next PLC - Net Assets Trend (1985–2026)
This chart illustrates how Next PLC's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see Next PLC (NXT) market capitalisation.
Annual Net Assets for Next PLC (1985–2026)
The table below shows the annual net assets of Next PLC from 1985 to 2026. Also explore NXT net assets growth trend to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2026-01-31 | GBX1.78 Billion ≈ $216.64K |
+1.49% |
| 2025-01-31 | GBX1.75 Billion ≈ $213.45K |
+7.05% |
| 2024-01-31 | GBX1.64 Billion ≈ $199.39K |
+40.66% |
| 2023-01-31 | GBX1.17 Billion ≈ $141.76K |
+15.36% |
| 2022-01-31 | GBX1.01 Billion ≈ $122.89K |
+52.82% |
| 2021-01-31 | GBX660.90 Million ≈ $80.41K |
+49.69% |
| 2020-01-31 | GBX441.50 Million ≈ $53.72K |
+20.56% |
| 2019-01-31 | GBX366.20 Million ≈ $44.56K |
-24.12% |
| 2018-01-31 | GBX482.60 Million ≈ $58.72K |
-5.47% |
| 2017-01-31 | GBX510.50 Million ≈ $62.11K |
+63.73% |
| 2016-01-31 | GBX311.80 Million ≈ $37.94K |
-3.14% |
| 2015-01-31 | GBX321.90 Million ≈ $39.17K |
+12.47% |
| 2014-01-31 | GBX286.20 Million ≈ $34.82K |
+0.21% |
| 2013-01-31 | GBX285.60 Million ≈ $34.75K |
+28.24% |
| 2012-01-31 | GBX222.70 Million ≈ $27.10K |
-4.17% |
| 2011-01-31 | GBX232.40 Million ≈ $28.28K |
+74.21% |
| 2010-01-31 | GBX133.40 Million ≈ $16.23K |
-5.05% |
| 2009-01-31 | GBX140.50 Million ≈ $17.09K |
+247.58% |
| 2008-01-31 | GBX-95.20 Million ≈ $-11.58K |
-150.29% |
| 2007-01-31 | GBX189.30 Million ≈ $23.03K |
-26.11% |
| 2006-01-31 | GBX256.20 Million ≈ $31.17K |
-7.34% |
| 2005-01-31 | GBX276.50 Million ≈ $33.64K |
+78.27% |
| 2004-01-31 | GBX155.10 Million ≈ $18.87K |
-43.62% |
| 2003-01-31 | GBX275.10 Million ≈ $33.47K |
-49.70% |
| 2002-01-31 | GBX546.90 Million ≈ $66.54K |
+9.45% |
| 2001-01-31 | GBX499.70 Million ≈ $60.80K |
-17.64% |
| 2000-01-31 | GBX606.70 Million ≈ $73.82K |
+11.77% |
| 1999-01-31 | GBX542.80 Million ≈ $66.04K |
+10.82% |
| 1998-01-31 | GBX489.80 Million ≈ $59.59K |
+16.40% |
| 1997-01-31 | GBX420.80 Million ≈ $51.20K |
+17.15% |
| 1996-01-31 | GBX359.20 Million ≈ $43.70K |
+22.93% |
| 1995-01-31 | GBX292.20 Million ≈ $35.55K |
+19.75% |
| 1994-01-31 | GBX244.00 Million ≈ $29.69K |
+22.86% |
| 1993-01-31 | GBX198.60 Million ≈ $24.16K |
+17.86% |
| 1992-01-31 | GBX168.50 Million ≈ $20.50K |
+5.31% |
| 1991-01-31 | GBX160.00 Million ≈ $19.47K |
-58.41% |
| 1990-01-31 | GBX384.70 Million ≈ $46.81K |
+2.64% |
| 1989-01-31 | GBX374.80 Million ≈ $45.60K |
+67.32% |
| 1988-01-31 | GBX224.00 Million ≈ $27.25K |
+11.94% |
| 1987-01-31 | GBX200.10 Million ≈ $24.35K |
0.00% |
| 1986-08-31 | GBX200.10 Million ≈ $24.35K |
+45.01% |
| 1986-01-31 | GBX137.99 Million ≈ $16.79K |
0.00% |
| 1985-08-31 | GBX137.99 Million ≈ $16.79K |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Next 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 4204.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (January 2026)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | GBX3.49 Billion | 210.17% |
| Common Stock | GBX12.30 Million | 0.74% |
| Other Comprehensive Income | GBX-1.46 Billion | -87.55% |
| Total Equity | GBX1.66 Billion | 100.00% |
Next PLC Competitors by Market Cap
The table below lists competitors of Next PLC ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
LX Hausys Ltd
KO:108670
|
$204.09 Million |
|
technotrans SE
F:TTR1
|
$204.12 Million |
|
Gamehost Inc.
TO:GH
|
$204.20 Million |
|
Perma-Fix Environmental Svcs Inc
NASDAQ:PESI
|
$204.21 Million |
|
Linedata Services S.A.
PA:LIN
|
$203.94 Million |
|
AG Mortgage Investment Trust Inc
NYSE:MITT
|
$203.86 Million |
|
ZongTai Real Estate Development Co Ltd
TW:3056
|
$203.76 Million |
|
Stic Investments Inc
KO:026890
|
$203.72 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Next PLC's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2025 to 2026, total equity changed from 1,636,300,000 to 1,662,500,000, a change of 26,200,000 (1.6%).
- Net income of 888,500,000 contributed positively to equity growth.
- Dividend payments of 286,500,000 reduced retained earnings.
- Share repurchases of 300,400,000 reduced equity.
- Other comprehensive income decreased equity by 29,700,000.
- Other factors decreased equity by 183,900,000.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | GBX888.50 Million | +53.44% |
| Dividends Paid | GBX286.50 Million | -17.23% |
| Share Repurchases | GBX300.40 Million | -18.07% |
| Other Comprehensive Income | GBX-29.70 Million | -1.79% |
| Other Changes | GBX-183.90 Million | -11.06% |
| Total Change | GBX- | 1.60% |
Book Value vs Market Value Analysis
This analysis compares Next 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: 1053.24x
- 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 14468.64x to 1053.24x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1985-08-31 | GBX1.02 | GBX14690.00 | x |
| 1986-08-31 | GBX1.02 | GBX14690.00 | x |
| 1988-01-31 | GBX0.61 | GBX14690.00 | x |
| 1989-01-31 | GBX1.02 | GBX14690.00 | x |
| 1990-01-31 | GBX1.04 | GBX14690.00 | x |
| 1991-01-31 | GBX0.43 | GBX14690.00 | x |
| 1992-01-31 | GBX0.45 | GBX14690.00 | x |
| 1993-01-31 | GBX0.54 | GBX14690.00 | x |
| 1994-01-31 | GBX0.65 | GBX14690.00 | x |
| 1995-01-31 | GBX0.78 | GBX14690.00 | x |
| 1996-01-31 | GBX0.96 | GBX14690.00 | x |
| 1997-01-31 | GBX1.12 | GBX14690.00 | x |
| 1998-01-31 | GBX1.30 | GBX14690.00 | x |
| 1999-01-31 | GBX1.47 | GBX14690.00 | x |
| 2000-01-31 | GBX1.64 | GBX14690.00 | x |
| 2001-01-31 | GBX1.47 | GBX14690.00 | x |
| 2002-01-31 | GBX1.65 | GBX14690.00 | x |
| 2003-01-31 | GBX0.89 | GBX14690.00 | x |
| 2004-01-31 | GBX0.58 | GBX14690.00 | x |
| 2005-01-31 | GBX1.07 | GBX14690.00 | x |
| 2006-01-31 | GBX1.03 | GBX14690.00 | x |
| 2007-01-31 | GBX0.82 | GBX14690.00 | x |
| 2008-01-31 | GBX-0.45 | GBX14690.00 | x |
| 2009-01-31 | GBX0.72 | GBX14690.00 | x |
| 2010-01-31 | GBX0.68 | GBX14690.00 | x |
| 2011-01-31 | GBX1.25 | GBX14690.00 | x |
| 2012-01-31 | GBX1.29 | GBX14690.00 | x |
| 2013-01-31 | GBX1.75 | GBX14690.00 | x |
| 2014-01-31 | GBX1.80 | GBX14690.00 | x |
| 2015-01-31 | GBX2.12 | GBX14690.00 | x |
| 2016-01-31 | GBX2.07 | GBX14690.00 | x |
| 2017-01-31 | GBX3.52 | GBX14690.00 | x |
| 2018-01-31 | GBX3.39 | GBX14690.00 | x |
| 2019-01-31 | GBX2.69 | GBX14690.00 | x |
| 2020-01-31 | GBX3.39 | GBX14690.00 | x |
| 2021-01-31 | GBX5.12 | GBX14690.00 | x |
| 2022-01-31 | GBX7.81 | GBX14690.00 | x |
| 2023-01-31 | GBX9.31 | GBX14690.00 | x |
| 2024-01-31 | GBX12.35 | GBX14690.00 | x |
| 2025-01-31 | GBX13.36 | GBX14690.00 | x |
| 2026-01-31 | GBX13.95 | GBX14690.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Next 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): 53.44%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 12.87%
- • Asset Turnover: 1.40x
- • Equity Multiplier: 2.96x
- Recent ROE (53.44%) is below the historical average (81.02%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1985 | 10.18% | 9.54% | 0.78x | 1.37x | GBX248.70K |
| 1986 | 7.34% | 7.68% | 0.48x | 1.97x | GBX-5.30 Million |
| 1989 | 47.52% | 15.63% | 1.36x | 2.23x | GBX140.15 Million |
| 1990 | 7.25% | 2.70% | 0.87x | 3.09x | GBX-10.55 Million |
| 1991 | -280.18% | -50.71% | 0.83x | 6.69x | GBX-461.09 Million |
| 1992 | 6.81% | 2.47% | 0.91x | 3.04x | GBX-5.34 Million |
| 1993 | 18.58% | 7.57% | 1.53x | 1.61x | GBX16.95 Million |
| 1994 | 26.51% | 11.80% | 1.44x | 1.56x | GBX39.98 Million |
| 1995 | 28.00% | 12.45% | 1.36x | 1.66x | GBX52.26 Million |
| 1996 | 29.39% | 13.63% | 1.33x | 1.62x | GBX69.60 Million |
| 1997 | 28.10% | 12.48% | 1.40x | 1.60x | GBX76.14 Million |
| 1998 | 27.90% | 11.61% | 1.51x | 1.59x | GBX87.64 Million |
| 1999 | 22.83% | 10.00% | 1.45x | 1.57x | GBX69.62 Million |
| 2000 | 23.11% | 9.84% | 1.51x | 1.56x | GBX79.53 Million |
| 2001 | 31.54% | 9.92% | 1.82x | 1.75x | GBX107.63 Million |
| 2002 | 34.70% | 10.14% | 1.89x | 1.81x | GBX135.11 Million |
| 2003 | 76.52% | 9.56% | 2.21x | 3.62x | GBX182.99 Million |
| 2004 | 161.25% | 9.94% | 2.28x | 7.11x | GBX234.59 Million |
| 2005 | 110.45% | 10.68% | 2.20x | 4.69x | GBX277.75 Million |
| 2006 | 122.37% | 10.09% | 2.11x | 5.75x | GBX287.88 Million |
| 2007 | 175.12% | 10.10% | 2.09x | 8.30x | GBX312.57 Million |
| 2008 | 0.00% | 10.64% | 2.06x | 0.00x | GBX363.63 Million |
| 2009 | 215.08% | 9.24% | 1.86x | 12.52x | GBX288.34 Million |
| 2010 | 272.53% | 10.69% | 2.01x | 12.68x | GBX350.74 Million |
| 2011 | 172.66% | 12.16% | 1.84x | 7.72x | GBX377.87 Million |
| 2012 | 213.25% | 13.80% | 1.86x | 8.33x | GBX452.63 Million |
| 2013 | 178.05% | 14.28% | 1.88x | 6.63x | GBX480.13 Million |
| 2014 | 193.22% | 14.79% | 1.74x | 7.49x | GBX524.57 Million |
| 2015 | 197.17% | 15.87% | 1.75x | 7.09x | GBX602.70 Million |
| 2016 | 213.86% | 15.96% | 1.79x | 7.47x | GBX635.62 Million |
| 2017 | 124.45% | 15.51% | 1.70x | 4.71x | GBX584.25 Million |
| 2018 | 122.63% | 14.47% | 1.60x | 5.31x | GBX543.54 Million |
| 2019 | 161.22% | 14.17% | 1.11x | 10.22x | GBX553.78 Million |
| 2020 | 138.21% | 14.30% | 1.16x | 8.32x | GBX566.05 Million |
| 2021 | 43.38% | 8.11% | 0.94x | 5.69x | GBX220.61 Million |
| 2022 | 67.08% | 14.65% | 1.16x | 3.94x | GBX576.50 Million |
| 2023 | 61.33% | 14.14% | 1.26x | 3.43x | GBX595.65 Million |
| 2024 | 53.07% | 14.61% | 1.16x | 3.12x | GBX651.11 Million |
| 2025 | 44.99% | 12.03% | 1.26x | 2.98x | GBX572.47 Million |
| 2026 | 53.44% | 12.87% | 1.40x | 2.96x | GBX722.25 Million |
Industry Comparison
This section compares Next PLC's net assets metrics with peer companies in the Apparel Retail industry.
Industry Context
- Industry: Apparel Retail
- Average net assets among peers: $595,077,000
- Average return on equity (ROE) among peers: 14.52%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Next PLC (NXT) | GBX1.78 Billion | 10.18% | 1.76x | $204.03 Million |
| BOOHOO GROUP PLC (DEBS) | $464.30 Million | -0.86% | 1.15x | $4.52 Million |
| JD Sports Fashion PLC (JD) | $1.29 Billion | 19.09% | 2.37x | $44.31 Million |
| Shoe Zone PLC (SHOE) | $31.73 Million | 25.34% | 1.16x | $411.27K |
About Next PLC
NEXT plc engages in the retail of clothing, homeware, and beauty products in the United Kingdom, rest of Europe, the Middle East, Asia, and internationally. It operates through Retail Stores, Online (UK), Online (International), NEXT Finance, Total Platform, and Other Business Activities segments. The company offers NEXT branded products; and women's, men's, children's fashion clothing, and acces… Read more