Pets at Home Group Plc (PETS) - Net Assets
Based on the latest financial reports, Pets at Home Group Plc (PETS) has net assets worth GBX968.60 Million GBX (≈ $117.85K USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX1.68 Billion ≈ $204.92K USD) and total liabilities (GBX715.60 Million ≈ $87.07K 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 Pets at Home Group Plc liquidity resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | GBX968.60 Million |
| % of Total Assets | 57.51% |
| Annual Growth Rate | 4.71% |
| 5-Year Change | -0.05% |
| 10-Year Change | 17.75% |
| Growth Volatility | 6.92 |
Pets at Home Group Plc - Net Assets Trend (2011–2025)
This chart illustrates how Pets at Home Group Plc's net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of Pets at Home Group Plc for the complete picture of this company's asset base.
Annual Net Assets for Pets at Home Group Plc (2011–2025)
The table below shows the annual net assets of Pets at Home Group Plc from 2011 to 2025. For live valuation and market cap data, see PETS market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | GBX993.20 Million ≈ $120.84K |
+0.48% |
| 2024-03-31 | GBX988.50 Million ≈ $120.27K |
-3.57% |
| 2023-03-31 | GBX1.03 Billion ≈ $124.73K |
-2.34% |
| 2022-03-31 | GBX1.05 Billion ≈ $127.72K |
+5.64% |
| 2021-03-31 | GBX993.70 Million ≈ $120.90K |
+6.73% |
| 2020-03-31 | GBX931.00 Million ≈ $113.28K |
+3.10% |
| 2019-03-31 | GBX902.98 Million ≈ $109.87K |
-0.37% |
| 2018-03-31 | GBX906.35 Million ≈ $110.28K |
+2.69% |
| 2017-03-31 | GBX882.64 Million ≈ $107.39K |
+4.64% |
| 2016-03-31 | GBX843.48 Million ≈ $102.63K |
+5.85% |
| 2015-03-31 | GBX796.88 Million ≈ $96.96K |
0.00% |
| 2015-03-26 | GBX796.88 Million ≈ $96.96K |
+9.05% |
| 2014-03-31 | GBX730.75 Million ≈ $88.91K |
0.00% |
| 2014-03-27 | GBX730.75 Million ≈ $88.91K |
+27.71% |
| 2013-03-31 | GBX572.22 Million ≈ $69.62K |
+4.21% |
| 2012-03-31 | GBX549.10 Million ≈ $66.81K |
+5.36% |
| 2011-03-31 | GBX521.18 Million ≈ $63.41K |
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Equity Component Analysis
This analysis shows how different components contribute to Pets at Home 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 11205.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | GBX1.25 Billion | 125.67% |
| Common Stock | GBX4.60 Million | 0.46% |
| Total Equity | GBX993.20 Million | 100.00% |
Pets at Home Group Plc Competitors by Market Cap
The table below lists competitors of Pets at Home Group Plc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Plasticos Compuestos S.A.
MC:KOM
|
$9.89 Million |
|
Primeserv Group Ltd
JSE:PMV
|
$9.89 Million |
|
Wahana Pronatural
JK:WAPO
|
$9.89 Million |
|
Meta Epsi Tbk PT
JK:MTPS
|
$9.90 Million |
|
Langgeng Makmur Industri Tbk
JK:LMPI
|
$9.87 Million |
|
SPOTLIGHT GROUP AB O.N.
F:7T7
|
$9.86 Million |
|
Daekyo Co Ltd
KO:019685
|
$9.86 Million |
|
Edinburgh Worldwide Investment Trust plc
LSE:EWI
|
$9.86 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Pets at Home Group Plc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 988,500,000 to 993,200,000, a change of 4,700,000 (0.5%).
- Net income of 88,200,000 contributed positively to equity growth.
- Dividend payments of 59,700,000 reduced retained earnings.
- Share repurchases of 29,000,000 reduced equity.
- Other comprehensive income increased equity by 372,300,000.
- Other factors decreased equity by 367,100,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | GBX88.20 Million | +8.88% |
| Dividends Paid | GBX59.70 Million | -6.01% |
| Share Repurchases | GBX29.00 Million | -2.92% |
| Other Comprehensive Income | GBX372.30 Million | +37.48% |
| Other Changes | GBX-367.10 Million | -36.96% |
| Total Change | GBX- | 0.48% |
Book Value vs Market Value Analysis
This analysis compares Pets at Home 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: 86.65x
- 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 177.94x to 86.65x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2011-03-31 | GBX1.03 | GBX183.70 | x |
| 2012-03-31 | GBX1.07 | GBX183.70 | x |
| 2013-03-31 | GBX1.14 | GBX183.70 | x |
| 2014-03-31 | GBX1.46 | GBX183.70 | x |
| 2015-03-31 | GBX1.59 | GBX183.70 | x |
| 2016-03-31 | GBX1.68 | GBX183.70 | x |
| 2017-03-31 | GBX1.76 | GBX183.70 | x |
| 2018-03-31 | GBX1.81 | GBX183.70 | x |
| 2019-03-31 | GBX1.80 | GBX183.70 | x |
| 2020-03-31 | GBX1.86 | GBX183.70 | x |
| 2021-03-31 | GBX1.98 | GBX183.70 | x |
| 2022-03-31 | GBX2.09 | GBX183.70 | x |
| 2023-03-31 | GBX2.05 | GBX183.70 | x |
| 2024-03-31 | GBX2.05 | GBX183.70 | x |
| 2025-03-31 | GBX2.12 | GBX183.70 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Pets at Home 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): 8.88%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.95%
- • Asset Turnover: 0.89x
- • Equity Multiplier: 1.67x
- Recent ROE (8.88%) is above the historical average (6.93%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 2.84% | 2.84% | 0.48x | 2.10x | GBX-37.04 Million |
| 2012 | 4.13% | 4.09% | 0.48x | 2.10x | GBX-31.60 Million |
| 2013 | 3.63% | 3.47% | 0.52x | 2.01x | GBX-36.47 Million |
| 2014 | 1.85% | 2.04% | 0.54x | 1.69x | GBX-59.53 Million |
| 2015 | 9.06% | 9.90% | 0.56x | 1.63x | GBX-7.52 Million |
| 2016 | 8.63% | 9.18% | 0.63x | 1.48x | GBX-11.57 Million |
| 2017 | 8.54% | 9.03% | 0.63x | 1.50x | GBX-12.90 Million |
| 2018 | 6.93% | 6.99% | 0.67x | 1.48x | GBX-27.82 Million |
| 2019 | 3.38% | 3.17% | 0.72x | 1.49x | GBX-59.81 Million |
| 2020 | 7.24% | 6.37% | 0.60x | 1.90x | GBX-25.70 Million |
| 2021 | 9.10% | 7.91% | 0.66x | 1.73x | GBX-8.97 Million |
| 2022 | 11.86% | 9.45% | 0.75x | 1.68x | GBX19.53 Million |
| 2023 | 9.82% | 7.17% | 0.76x | 1.80x | GBX-1.81 Million |
| 2024 | 8.01% | 5.36% | 0.88x | 1.70x | GBX-19.65 Million |
| 2025 | 8.88% | 5.95% | 0.89x | 1.67x | GBX-11.12 Million |
Industry Comparison
This section compares Pets at Home Group Plc's net assets metrics with peer companies in the Specialty Retail industry.
Industry Context
- Industry: Specialty Retail
- Average net assets among peers: $441,275,124
- Average return on equity (ROE) among peers: 49.35%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Pets at Home Group Plc (PETS) | GBX968.60 Million | 2.84% | 0.74x | $9.88 Million |
| Angling Direct PLC (ANG) | $37.29 Million | 1.45% | 0.56x | $435.30K |
| Ao World (AO) | $40.50 Million | -16.30% | 4.01x | $5.99 Million |
| Card Factory PLC (CARD) | $282.90 Million | 11.74% | 0.78x | $2.84 Million |
| Currys PLC (CURY) | $2.07 Billion | 7.96% | 1.56x | $16.12 Million |
| DFS Furniture PLC (DFS) | $229.00 Million | -1.92% | 3.57x | $3.50 Million |
| Dunelm Group PLC (DNLM) | $99.60 Million | 102.71% | 2.48x | $18.52 Million |
| Frasers Group PLC (FRAS) | $1.21 Billion | -6.85% | 2.13x | $34.20 Million |
| Halfords Group PLC (HFD) | $409.30 Million | 10.24% | 0.78x | $3.95 Million |
| IG Design Group plc (IGR) | $28.74 Million | 30.38% | 1.85x | $805.94K |
| musicMagpie PLC (MMAG) | $2.42 Million | 354.13% | 10.73x | $8.10K |
About Pets at Home Group Plc
Pets at Home Group Plc engages in the omnichannel retailing of pet food, pet related products, and pet accessories in the United Kingdom. The company operates through three segments: Retail, Vet Group, and Central. It offers pet grooming services, including various dog groom, bath, microchipping, and nail clipping; pet insurance products; in-store services; and general veterinary care, triage, an… Read more