Onward Opportunities Ltd
Onward Opportunities Limited operates as an investment fund. The fund was incorporated in 2023 and is based in St Peter Port, Guernsey.
Onward Opportunities Ltd (ONWD) - Net Assets
Latest net assets as of December 2024: GBX31.02 Million GBX
Based on the latest financial reports, Onward Opportunities Ltd (ONWD) has net assets worth GBX31.02 Million GBX as of December 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX31.69 Million) and total liabilities (GBX665.00K). 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 | GBX31.02 Million |
| % of Total Assets | 97.9% |
| Annual Growth Rate | 81.52% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
Onward Opportunities Ltd - Net Assets Trend (2023–2024)
This chart illustrates how Onward Opportunities Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Onward Opportunities Ltd (2023–2024)
The table below shows the annual net assets of Onward Opportunities Ltd from 2023 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | GBX31.02 Million | +81.74% |
| 2023-12-31 | GBX17.07 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Onward Opportunities Ltd'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 decreased by 0.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | GBX24.66 Million | 79.50% |
| Other Components | GBX6.36 Million | 20.50% |
| Total Equity | GBX31.02 Million | 100.00% |
Onward Opportunities Ltd Competitors by Market Cap
The table below lists competitors of Onward Opportunities Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
FSRF11F
SA:FSRF11F
|
$153.02 |
|
Ocean Harvest Technology Group PLC
LSE:OHT
|
$153.13 |
|
Marwyn Value Investors Limited
LSE:MVI
|
$153.77 |
|
International Luxury Products Inc
PINK:ILXP
|
$153.81 |
|
JPMorgan Emerging Markets Ord
LSE:JMG
|
$152.44 |
|
Vantage Equities Inc
PSE:V
|
$152.32 |
|
Northern Electric plc 8.061P(NET)CUM IRRD PRF 1P
LSE:NTEA
|
$151.83 |
|
MACKWOODS ENERGY PLC
CM:MELN0000
|
$151.68 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Onward Opportunities Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 17,069,000 to 31,021,000, a change of 13,952,000 (81.7%).
- Net income of 4,827,000 contributed positively to equity growth.
- Other factors increased equity by 9,125,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | GBX4.83 Million | +15.56% |
| Other Changes | GBX9.12 Million | +29.42% |
| Total Change | GBX- | 81.74% |
Book Value vs Market Value Analysis
This analysis compares Onward Opportunities Ltd'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: 71.03x
- 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 85.53x to 71.03x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2023-12-31 | GBX1.53 | GBX131.00 | x |
| 2024-12-31 | GBX1.84 | GBX131.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Onward Opportunities Ltd 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): 15.56%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 93.20%
- • Asset Turnover: 0.16x
- • Equity Multiplier: 1.02x
- Recent ROE (15.56%) is above the historical average (12.27%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2023 | 8.98% | 1028.86% | 0.01x | 1.01x | GBX-173.90K |
| 2024 | 15.56% | 93.20% | 0.16x | 1.02x | GBX1.72 Million |
Industry Comparison
This section compares Onward Opportunities Ltd's net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $395,694,700
- Average return on equity (ROE) among peers: -81.73%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Onward Opportunities Ltd (ONWD) | GBX31.02 Million | 8.98% | 0.02x | $152.63 |
| 3I Infrastructure PLC (3IN) | $1.09 Billion | 8.57% | 0.18x | $396.99K |
| 450 PLC (450) | $1.30 Million | -791.13% | 5.03x | $1.71K |
| abrdn Asian Income Fund Limited (AAIF) | $431.48 Million | 11.10% | 0.09x | $315.37 |
| Abrdn Asia Focus PLC (AAS) | $464.40 Million | -2.37% | 0.15x | $434.78 |
| Albion Technology & General VCT PLC (AATG) | $34.46 Million | 4.41% | 0.01x | $78.71 |
| Aberdeen Diversified Income and Growth Trust PLC (ADIG) | $492.42 Million | 0.00% | 0.32x | $16.61 |
| Aquila Energy Efficiency Trust PLC (AEET) | $97.38 Million | -0.64% | 0.00x | $2.38K |
| Aquila European Renewables Income PLC (AERI) | $320.23 Million | -9.29% | 0.00x | $2.45K |
| Artemis UK Future Leaders plc (AFL) | $84.35 Million | -40.52% | 0.02x | $401.26 |
| AVI Global Trust PLC (AGT) | $938.94 Million | 2.59% | 0.12x | $2.83 Million |