Paragon Banking Group PLC

LSE:PAG UK Mortgage Finance
Market Cap
$17.85 Million
GBX146.70 Billion GBX
Market Cap Rank
#39576 Global
#559 in UK
Share Price
GBX770.00
Change (1 day)
+0.20%
52-Week Range
GBX686.50 - GBX970.00
All Time High
GBX970.00
Categories
Companies in UK Mortgage Finance
About

Paragon Banking Group PLC provides financial products and services in the United Kingdom. It operates in two segments, Mortgage Lending and Commercial Lending. The Mortgage Lending segment offers buy-to-let mortgages, as well as includes owner-occupied first and second charge mortgages. The Commercial Lending segment comprises SME lending, such as hire purchase, and finance and operating leases; … Read more

Paragon Banking Group PLC (PAG) - Net Assets

Latest net assets as of March 2025: GBX1.41 Billion GBX

Based on the latest financial reports, Paragon Banking Group PLC (PAG) has net assets worth GBX1.41 Billion GBX as of March 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX19.17 Billion) and total liabilities (GBX17.76 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 GBX1.41 Billion
% of Total Assets 7.35%
Annual Growth Rate 9.44%
5-Year Change 22.79%
10-Year Change 46.42%
Growth Volatility 42.28

Paragon Banking Group PLC - Net Assets Trend (1986–2024)

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

Annual Net Assets for Paragon Banking Group PLC (1986–2024)

The table below shows the annual net assets of Paragon Banking Group PLC from 1986 to 2024.

Year Net Assets Change
2024-09-30 GBX1.42 Billion +0.63%
2023-09-30 GBX1.41 Billion -0.47%
2022-09-30 GBX1.42 Billion +14.12%
2021-09-30 GBX1.24 Billion +7.43%
2020-09-30 GBX1.16 Billion +4.29%
2019-09-30 GBX1.11 Billion +1.14%
2018-09-30 GBX1.10 Billion +8.57%
2017-09-30 GBX1.01 Billion +4.12%
2016-09-30 GBX969.50 Million 0.00%
2015-09-30 GBX969.50 Million +2.37%
2014-09-30 GBX947.10 Million +8.45%
2013-09-30 GBX873.30 Million +8.69%
2012-09-30 GBX803.50 Million +8.29%
2011-09-30 GBX742.00 Million +7.23%
2010-09-30 GBX692.00 Million +6.33%
2009-09-30 GBX650.80 Million +4.71%
2008-09-30 GBX621.50 Million +98.37%
2007-09-30 GBX313.30 Million +12.29%
2006-09-30 GBX279.00 Million -9.42%
2005-09-30 GBX308.00 Million +14.75%
2004-09-30 GBX268.40 Million +19.13%
2003-09-30 GBX225.30 Million +12.20%
2002-09-30 GBX200.80 Million +18.82%
2001-09-30 GBX169.00 Million +22.73%
2000-09-30 GBX137.70 Million +21.32%
1999-09-30 GBX113.50 Million +30.76%
1998-09-30 GBX86.80 Million +37.78%
1997-09-30 GBX63.00 Million +28.57%
1996-09-30 GBX49.00 Million +23.74%
1995-09-30 GBX39.60 Million +259.68%
1994-09-30 GBX-24.80 Million +31.30%
1993-09-30 GBX-36.10 Million -1619.05%
1992-09-30 GBX-2.10 Million -101.33%
1991-09-30 GBX157.90 Million -27.97%
1990-09-30 GBX219.20 Million +5.14%
1989-09-30 GBX208.49 Million +8.25%
1988-09-30 GBX192.60 Million +205.02%
1987-09-30 GBX63.14 Million +37.22%
1986-09-30 GBX46.02 Million --

Equity Component Analysis

This analysis shows how different components contribute to Paragon Banking Group 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 258132.8% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (September 2024)

Component Amount Percentage
Retained Earnings GBX1.24 Billion 87.50%
Common Stock GBX210.60 Million 14.84%
Other Comprehensive Income GBX31.00 Million 2.18%
Total Equity GBX1.42 Billion 100.00%

Paragon Banking Group PLC Competitors by Market Cap

The table below lists competitors of Paragon Banking Group PLC ranked by their market capitalization.

Company Market Cap
ECC Ventures 4 Corp
V:ECCF-P
 		$189.56K
CORFX
NASDAQ:CORFX
 		$189.91K
Freeze Tag Inc
PINK:FRZT
 		$189.92K
BankInv GloAkColum Threadndl A
CO:BAIGACTNA
 		$190.00K
Aerodrome Group Ltd
TA:ARDM
 		$189.39K
Hyundai Marine & Fire Insurance Co. Ltd.
KQ:001450
 		$189.35K
COEUR MINING (CDM1.SG)
STU:CDM1
 		$189.35K
Great Dane INDEX+
CO:GDIIND
 		$189.29K

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 1,410,600,000 to 1,419,500,000, a change of 8,900,000 (0.6%).
  • Net income of 186,000,000 contributed positively to equity growth.
  • Dividend payments of 83,500,000 reduced retained earnings.
  • Share repurchases of 89,500,000 reduced equity.
  • New share issuances of 700,000 increased equity.
  • Other comprehensive income increased equity by 18,100,000.
  • Other factors decreased equity by 22,900,000.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income GBX186.00 Million +13.1%
Dividends Paid GBX83.50 Million -5.88%
Share Repurchases GBX89.50 Million -6.31%
Share Issuances GBX700.00K +0.05%
Other Comprehensive Income GBX18.10 Million +1.28%
Other Changes GBX-22.90 Million -1.61%
Total Change GBX- 0.63%

Book Value vs Market Value Analysis

This analysis compares Paragon Banking Group 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: 118.47x
  • 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 5140.25x to 118.47x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1986-09-30 GBX0.15 GBX770.00 x
1987-09-30 GBX0.21 GBX770.00 x
1988-09-30 GBX0.30 GBX770.00 x
1989-09-30 GBX0.36 GBX770.00 x
1990-09-30 GBX0.39 GBX770.00 x
1991-09-30 GBX0.19 GBX770.00 x
1992-09-30 GBX-0.33 GBX770.00 x
1993-09-30 GBX-0.44 GBX770.00 x
1994-09-30 GBX-0.40 GBX770.00 x
1995-09-30 GBX0.13 GBX770.00 x
1996-09-30 GBX0.16 GBX770.00 x
1997-09-30 GBX0.21 GBX770.00 x
1998-09-30 GBX0.28 GBX770.00 x
1999-09-30 GBX0.37 GBX770.00 x
2000-09-30 GBX0.45 GBX770.00 x
2001-09-30 GBX0.55 GBX770.00 x
2002-09-30 GBX0.65 GBX770.00 x
2003-09-30 GBX0.73 GBX770.00 x
2004-09-30 GBX0.87 GBX770.00 x
2005-09-30 GBX1.00 GBX770.00 x
2006-09-30 GBX0.91 GBX770.00 x
2007-09-30 GBX1.02 GBX770.00 x
2008-09-30 GBX2.02 GBX770.00 x
2009-09-30 GBX2.16 GBX770.00 x
2010-09-30 GBX2.28 GBX770.00 x
2011-09-30 GBX2.44 GBX770.00 x
2012-09-30 GBX2.62 GBX770.00 x
2013-09-30 GBX2.81 GBX770.00 x
2014-09-30 GBX3.03 GBX770.00 x
2015-09-30 GBX3.15 GBX770.00 x
2016-09-30 GBX3.32 GBX770.00 x
2017-09-30 GBX3.61 GBX770.00 x
2018-09-30 GBX4.07 GBX770.00 x
2019-09-30 GBX4.19 GBX770.00 x
2020-09-30 GBX4.51 GBX770.00 x
2021-09-30 GBX4.75 GBX770.00 x
2022-09-30 GBX5.69 GBX770.00 x
2023-09-30 GBX6.08 GBX770.00 x
2024-09-30 GBX6.50 GBX770.00 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Paragon Banking Group 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): 13.10%
  • The company shows good efficiency in utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 14.16%
  • • Asset Turnover: 0.07x
  • • Equity Multiplier: 13.58x
  • Recent ROE (13.10%) is above the historical average (12.68%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1986 3.04% 29.03% 0.01x 7.60x GBX-3.20 Million
1987 11.28% 47.67% 0.01x 15.85x GBX810.60K
1988 16.00% 50.42% 0.02x 16.37x GBX5.57 Million
1989 19.29% 52.54% 0.02x 18.37x GBX10.21 Million
1990 19.29% 59.18% 0.02x 20.55x GBX11.17 Million
1991 -82.68% -102.96% 0.02x 35.15x GBX-54.59 Million
1992 0.00% -376.34% 0.01x 0.00x GBX-144.23 Million
1993 0.00% -51.96% 0.03x 0.00x GBX-23.73 Million
1994 0.00% 17.94% 0.03x 0.00x GBX23.64 Million
1995 38.13% 38.72% 0.03x 39.27x GBX11.14 Million
1996 36.94% 47.14% 0.03x 26.55x GBX13.20 Million
1997 34.29% 57.29% 0.03x 19.58x GBX15.30 Million
1998 27.53% 48.28% 0.03x 18.50x GBX15.22 Million
1999 26.70% 54.69% 0.03x 14.74x GBX18.95 Million
2000 20.70% 45.75% 0.03x 13.59x GBX14.73 Million
2001 19.47% 44.82% 0.03x 14.23x GBX16.00 Million
2002 18.23% 50.21% 0.03x 13.91x GBX16.52 Million
2003 17.89% 52.68% 0.02x 15.19x GBX17.77 Million
2004 20.38% 67.87% 0.02x 18.38x GBX27.86 Million
2005 19.71% 11.67% 0.09x 19.44x GBX29.90 Million
2006 24.66% 48.15% 0.02x 32.68x GBX40.90 Million
2007 20.04% 40.31% 0.01x 38.61x GBX31.47 Million
2008 5.97% 26.42% 0.01x 18.52x GBX-25.05 Million
2009 6.32% 30.49% 0.01x 17.14x GBX-23.98 Million
2010 7.79% 40.40% 0.01x 15.38x GBX-15.30 Million
2011 8.03% 43.89% 0.01x 14.14x GBX-14.60 Million
2012 8.99% 42.42% 0.02x 12.49x GBX-8.15 Million
2013 9.76% 47.54% 0.02x 11.83x GBX-2.13 Million
2014 10.26% 48.97% 0.02x 11.50x GBX2.49 Million
2015 11.05% 50.76% 0.02x 12.25x GBX10.15 Million
2016 11.96% 45.78% 0.02x 13.94x GBX19.05 Million
2017 11.61% 44.43% 0.02x 13.55x GBX16.26 Million
2018 13.30% 46.20% 0.02x 13.24x GBX36.21 Million
2019 11.49% 41.54% 0.02x 12.99x GBX16.56 Million
2020 7.90% 29.48% 0.02x 13.41x GBX-24.30 Million
2021 13.25% 46.40% 0.02x 12.19x GBX40.31 Million
2022 22.13% 73.46% 0.03x 11.75x GBX171.87 Million
2023 10.91% 33.82% 0.02x 13.06x GBX12.84 Million
2024 13.10% 14.16% 0.07x 13.58x GBX44.05 Million

Industry Comparison

This section compares Paragon Banking Group PLC's net assets metrics with peer companies in the Mortgage Finance industry.

Industry Context

  • Industry: Mortgage Finance
  • Average net assets among peers: $235,282,667
  • Average return on equity (ROE) among peers: 10.76%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Paragon Banking Group PLC (PAG) GBX1.41 Billion 3.04% 12.60x $189.39K
Lendinvest PLC (LINV) $10.00 Million -22.08% 89.82x $6.46K
Mortgage Advice (MAB1) $37.45 Million 33.06% 0.84x $52.78K
OneSavings Bank PLC (OSB) $658.40 Million 21.31% 14.89x $255.21K