Pharos Energy plc (PHAR) - Net Assets
Based on the latest financial reports, Pharos Energy plc (PHAR) has net assets worth GBX291.80 Million GBX (≈ $35.50K USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX419.70 Million ≈ $51.07K USD) and total liabilities (GBX127.90 Million ≈ $15.56K 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 Pharos Energy plc (PHAR) asset resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | GBX291.80 Million |
| % of Total Assets | 69.53% |
| Annual Growth Rate | 2.64% |
| 5-Year Change | -0.99% |
| 10-Year Change | -67.42% |
| Growth Volatility | 26.85 |
Pharos Energy plc - Net Assets Trend (1997–2024)
This chart illustrates how Pharos Energy plc's net assets have evolved over time, based on quarterly financial data. Also explore total assets of Pharos Energy plc for the complete picture of this company's asset base.
Annual Net Assets for Pharos Energy plc (1997–2024)
The table below shows the annual net assets of Pharos Energy plc from 1997 to 2024. For live valuation and market cap data, see market cap of Pharos Energy plc.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | GBX290.80 Million ≈ $35.38K |
+6.33% |
| 2023-12-31 | GBX273.50 Million ≈ $33.28K |
-17.27% |
| 2022-12-31 | GBX330.60 Million ≈ $40.22K |
+8.61% |
| 2021-12-31 | GBX304.40 Million ≈ $37.04K |
+3.64% |
| 2020-12-31 | GBX293.70 Million ≈ $35.73K |
-42.42% |
| 2019-12-31 | GBX510.10 Million ≈ $62.06K |
+1.86% |
| 2018-12-31 | GBX500.80 Million ≈ $60.93K |
+1.25% |
| 2017-12-31 | GBX494.60 Million ≈ $60.18K |
-42.25% |
| 2016-12-31 | GBX856.50 Million ≈ $104.21K |
-4.03% |
| 2015-12-31 | GBX892.50 Million ≈ $108.59K |
-8.47% |
| 2014-12-31 | GBX975.10 Million ≈ $118.64K |
-9.78% |
| 2013-12-31 | GBX1.08 Billion ≈ $131.50K |
-8.14% |
| 2012-12-31 | GBX1.18 Billion ≈ $143.16K |
+7.15% |
| 2011-12-31 | GBX1.10 Billion ≈ $133.60K |
+8.37% |
| 2010-12-31 | GBX1.01 Billion ≈ $123.28K |
+32.75% |
| 2009-12-31 | GBX763.27 Million ≈ $92.87K |
+7.44% |
| 2008-12-31 | GBX710.39 Million ≈ $86.43K |
+115.94% |
| 2007-12-31 | GBX328.97 Million ≈ $40.03K |
+11.22% |
| 2006-12-31 | GBX295.79 Million ≈ $35.99K |
+11.10% |
| 2005-12-31 | GBX266.24 Million ≈ $32.39K |
+7.71% |
| 2004-12-31 | GBX247.19 Million ≈ $30.08K |
+8.89% |
| 2003-12-31 | GBX227.00 Million ≈ $27.62K |
+3.11% |
| 2002-12-31 | GBX220.16 Million ≈ $26.79K |
+5.60% |
| 2001-12-31 | GBX208.49 Million ≈ $25.37K |
+13.65% |
| 2000-12-31 | GBX183.44 Million ≈ $22.32K |
+16.53% |
| 1999-12-31 | GBX157.43 Million ≈ $19.15K |
+19.40% |
| 1998-12-31 | GBX131.85 Million ≈ $16.04K |
-8.40% |
| 1997-12-31 | GBX143.93 Million ≈ $17.51K |
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Equity Component Analysis
This analysis shows how different components contribute to Pharos Energy 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 decreased by 1929.5% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | GBX33.10 Million | 11.38% |
| Other Comprehensive Income | GBX258.10 Million | 88.76% |
| Other Components | GBX58.00 Million | 19.94% |
| Total Equity | GBX290.80 Million | 100.00% |
Pharos Energy plc Competitors by Market Cap
The table below lists competitors of Pharos Energy plc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Antarctica Limited
NSE:ANTGRAPHIC
|
$1.39 Million |
|
Arcandor AG
DU:ARO
|
$1.39 Million |
|
EKF Diagnostics Holdings Plc
LSE:EKF
|
$1.39 Million |
|
Focusrite Plc
LSE:TUNE
|
$1.40 Million |
|
elexxion AG
XETRA:E8X
|
$1.39 Million |
|
Advent Technologies Holdings Inc
NASDAQ:ADN
|
$1.38 Million |
|
Northgold AB
ST:NG
|
$1.38 Million |
|
Assetowl Ltd
AU:AO1
|
$1.38 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Pharos Energy plc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 273,500,000 to 290,800,000, a change of 17,300,000 (6.3%).
- Net income of 23,600,000 contributed positively to equity growth.
- Dividend payments of 5,900,000 reduced retained earnings.
- Share repurchases of 3,800,000 reduced equity.
- Other comprehensive income decreased equity by 45,000,000.
- Other factors increased equity by 48,400,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | GBX23.60 Million | +8.12% |
| Dividends Paid | GBX5.90 Million | -2.03% |
| Share Repurchases | GBX3.80 Million | -1.31% |
| Other Comprehensive Income | GBX-45.00 Million | -15.47% |
| Other Changes | GBX48.40 Million | +16.64% |
| Total Change | GBX- | 6.33% |
Book Value vs Market Value Analysis
This analysis compares Pharos Energy 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: 39.98x
- 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 42.55x to 39.98x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1997-12-31 | GBX0.65 | GBX27.70 | x |
| 1998-12-31 | GBX0.65 | GBX27.70 | x |
| 1999-12-31 | GBX0.65 | GBX27.70 | x |
| 2000-12-31 | GBX0.63 | GBX27.70 | x |
| 2001-12-31 | GBX0.70 | GBX27.70 | x |
| 2002-12-31 | GBX0.71 | GBX27.70 | x |
| 2003-12-31 | GBX0.72 | GBX27.70 | x |
| 2004-12-31 | GBX0.70 | GBX27.70 | x |
| 2005-12-31 | GBX0.84 | GBX27.70 | x |
| 2006-12-31 | GBX0.94 | GBX27.70 | x |
| 2007-12-31 | GBX1.04 | GBX27.70 | x |
| 2008-12-31 | GBX2.14 | GBX27.70 | x |
| 2009-12-31 | GBX2.27 | GBX27.70 | x |
| 2010-12-31 | GBX2.84 | GBX27.70 | x |
| 2011-12-31 | GBX3.25 | GBX27.70 | x |
| 2012-12-31 | GBX3.56 | GBX27.70 | x |
| 2013-12-31 | GBX3.29 | GBX27.70 | x |
| 2014-12-31 | GBX2.96 | GBX27.70 | x |
| 2015-12-31 | GBX2.68 | GBX27.70 | x |
| 2016-12-31 | GBX2.58 | GBX27.70 | x |
| 2017-12-31 | GBX1.48 | GBX27.70 | x |
| 2018-12-31 | GBX1.50 | GBX27.70 | x |
| 2019-12-31 | GBX1.35 | GBX27.70 | x |
| 2020-12-31 | GBX0.74 | GBX27.70 | x |
| 2021-12-31 | GBX0.67 | GBX27.70 | x |
| 2022-12-31 | GBX0.75 | GBX27.70 | x |
| 2023-12-31 | GBX0.64 | GBX27.70 | x |
| 2024-12-31 | GBX0.69 | GBX27.70 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Pharos Energy 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): 8.12%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 18.61%
- • Asset Turnover: 0.30x
- • Equity Multiplier: 1.47x
- Recent ROE (8.12%) is above the historical average (2.97%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1997 | 3.46% | 32.30% | 0.09x | 1.16x | GBX-8.56 Million |
| 1998 | -1.05% | -5.39% | 0.18x | 1.09x | GBX-14.55 Million |
| 1999 | 7.63% | 31.15% | 0.23x | 1.08x | GBX-3.72 Million |
| 2000 | 14.30% | 38.31% | 0.32x | 1.15x | GBX7.89 Million |
| 2001 | 12.36% | 47.54% | 0.25x | 1.06x | GBX4.93 Million |
| 2002 | 4.03% | 21.16% | 0.18x | 1.08x | GBX-13.14 Million |
| 2003 | 4.47% | 22.31% | 0.18x | 1.09x | GBX-12.54 Million |
| 2004 | 11.96% | 100.63% | 0.11x | 1.06x | GBX4.85 Million |
| 2005 | 7.69% | 35.82% | 0.20x | 1.07x | GBX-6.15 Million |
| 2006 | 9.83% | 38.00% | 0.14x | 1.88x | GBX-516.20K |
| 2007 | 9.82% | 0.00% | 0.00x | 1.82x | GBX-582.70K |
| 2008 | 57.86% | 742.79% | 0.06x | 1.37x | GBX340.02 Million |
| 2009 | 6.70% | 73.72% | 0.07x | 1.39x | GBX-25.21 Million |
| 2010 | 10.01% | 209.61% | 0.04x | 1.16x | GBX110.30K |
| 2011 | 8.07% | 37.84% | 0.18x | 1.16x | GBX-21.21 Million |
| 2012 | 17.59% | 33.30% | 0.43x | 1.22x | GBX89.34 Million |
| 2013 | 9.63% | 17.12% | 0.45x | 1.26x | GBX-3.98 Million |
| 2014 | 1.44% | 3.12% | 0.35x | 1.31x | GBX-83.51 Million |
| 2015 | -3.79% | -15.74% | 0.18x | 1.32x | GBX-123.05 Million |
| 2016 | -0.49% | -2.72% | 0.14x | 1.30x | GBX-89.85 Million |
| 2017 | -31.80% | -100.70% | 0.22x | 1.44x | GBX-206.76 Million |
| 2018 | 5.53% | 15.82% | 0.21x | 1.63x | GBX-22.38 Million |
| 2019 | -4.80% | -12.92% | 0.22x | 1.68x | GBX-75.51 Million |
| 2020 | -73.48% | -151.97% | 0.26x | 1.87x | GBX-245.17 Million |
| 2021 | -1.54% | -3.50% | 0.23x | 1.94x | GBX-35.14 Million |
| 2022 | 7.38% | 13.23% | 0.32x | 1.73x | GBX-8.66 Million |
| 2023 | -17.84% | -29.06% | 0.37x | 1.67x | GBX-76.15 Million |
| 2024 | 8.12% | 18.61% | 0.30x | 1.47x | GBX-5.48 Million |
Industry Comparison
This section compares Pharos Energy plc's net assets metrics with peer companies in the Oil & Gas E&P industry.
Industry Context
- Industry: Oil & Gas E&P
- Average net assets among peers: $67,458,445
- Average return on equity (ROE) among peers: -15.52%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Pharos Energy plc (PHAR) | GBX291.80 Million | 3.46% | 0.44x | $1.39 Million |
| Afentra PLC (AET) | $49.81 Million | -18.46% | 0.06x | $2.14 Million |
| Aminex PLC (AEX) | $32.61 Million | -3.43% | 0.31x | $1.30 Million |
| Angus Energy PLC (ANGS) | $12.44 Million | -40.55% | 0.33x | $129.12K |
| Ascent Resources plc (AST) | $-1.52 Million | 0.00% | 0.00x | $61.66K |
| Block Energy PLC (BLOE) | $25.31 Million | -2.41% | 0.16x | $135.95K |
| Borders & Southern Petroleum plc (BOR) | $296.93 Million | -0.72% | 0.00x | $1.11 Million |
| Cadogan Petroleum plc (CAD) | $89.83 Million | -65.98% | 0.26x | $129.86K |
| Challenger Energy Group PLC (CEG) | $100.38 Million | -1.05% | 0.14x | $331.01K |
| Chariot Oil & Gas Limited (CHAR) | $68.88 Million | -22.62% | 0.08x | $575.39K |
| Clontarf Energy Plc (CLON) | $-81.34K | 0.00% | 0.00x | $20.44K |
About Pharos Energy plc
Pharos Energy plc, an independent energy company, explores, develops, and produces oil and gas properties in Vietnam and Egypt. The company was formerly known as SOCO International plc and changed its name to Pharos Energy plc in October 2019. Pharos Energy plc was incorporated in 1997 and is headquartered in London, the United Kingdom.