Brighton Pier Group PLC (PIER) - Net Assets
Based on the latest financial reports, Brighton Pier Group PLC (PIER) has net assets worth GBX18.17 Million GBX (≈ $2.21K USD) as of June 2024. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX60.39 Million ≈ $7.35K USD) and total liabilities (GBX42.22 Million ≈ $5.14K 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. Read PIER total debt and obligations for a breakdown of total debt and financial obligations.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | GBX18.17 Million |
| % of Total Assets | 30.08% |
| Annual Growth Rate | N/A |
| 5-Year Change | 20.15% |
| 10-Year Change | 358.56% |
| Growth Volatility | 657.84 |
Brighton Pier Group PLC - Net Assets Trend (2011–2023)
This chart illustrates how Brighton Pier Group PLC's net assets have evolved over time, based on quarterly financial data. Also explore total assets of Brighton Pier Group PLC for the complete picture of this company's asset base.
Annual Net Assets for Brighton Pier Group PLC (2011–2023)
The table below shows the annual net assets of Brighton Pier Group PLC from 2011 to 2023. For live valuation and market cap data, see market value of Brighton Pier Group PLC.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | GBX18.02 Million ≈ $2.19K |
-29.49% |
| 2022-12-31 | GBX25.55 Million ≈ $3.11K |
+2.49% |
| 2022-06-30 | GBX24.93 Million ≈ $3.03K |
+29.34% |
| 2021-06-30 | GBX19.27 Million ≈ $2.35K |
+28.53% |
| 2020-06-30 | GBX15.00 Million ≈ $1.82K |
-38.65% |
| 2019-06-30 | GBX24.44 Million ≈ $2.97K |
+15.39% |
| 2018-06-30 | GBX21.18 Million ≈ $2.58K |
+34.54% |
| 2017-06-30 | GBX15.74 Million ≈ $1.92K |
+15.21% |
| 2016-06-30 | GBX13.67 Million ≈ $1.66K |
+247.82% |
| 2015-06-30 | GBX3.93 Million ≈ $478.05 |
-60.60% |
| 2014-06-30 | GBX9.97 Million ≈ $1.21K |
+2297.12% |
| 2013-06-30 | GBX416.00K ≈ $50.62 |
+557.14% |
| 2012-06-30 | GBX-91.00K ≈ $-11.07 |
+89.33% |
| 2011-06-30 | GBX-853.00K ≈ $-103.79 |
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Equity Component Analysis
This analysis shows how different components contribute to Brighton Pier 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 decreased by 578600000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | GBX9.32 Million | 51.74% |
| Other Comprehensive Income | GBX452.00K | 2.51% |
| Other Components | GBX14.88 Million | 82.60% |
| Total Equity | GBX18.02 Million | 100.00% |
Brighton Pier Group PLC Competitors by Market Cap
The table below lists competitors of Brighton Pier Group PLC ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Captivision Inc.
NASDAQ:CAPT
|
$52.27K |
|
Isaac Engineering Co. Ltd.
KQ:351330
|
$52.49K |
|
Alba Mineral Resources
LSE:ALBA
|
$52.57K |
|
Sporttotal AG
F:WIG1
|
$53.14K |
|
Feedback PLC
LSE:FDBK
|
$51.98K |
|
Allianz Malaysia Bhd
KLSE:1163PA
|
$51.34K |
|
AIQ Ltd
LSE:AIQ
|
$51.22K |
|
Surgical Innovations Group plc
LSE:SUN
|
$51.07K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Brighton Pier Group PLC's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 25,553,000 to 18,017,000, a change of -7,536,000 (-29.5%).
- Net loss of 7,536,000 reduced equity.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | GBX-7.54 Million | -41.83% |
| Total Change | GBX- | -29.49% |
Book Value vs Market Value Analysis
This analysis compares Brighton Pier 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: 23.80x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2011-06-30 | GBX-0.07 | GBX11.50 | x |
| 2012-06-30 | GBX-0.01 | GBX11.50 | x |
| 2013-06-30 | GBX0.07 | GBX11.50 | x |
| 2014-06-30 | GBX0.98 | GBX11.50 | x |
| 2015-06-30 | GBX0.30 | GBX11.50 | x |
| 2016-06-30 | GBX0.73 | GBX11.50 | x |
| 2017-06-30 | GBX0.47 | GBX11.50 | x |
| 2018-06-30 | GBX0.61 | GBX11.50 | x |
| 2019-06-30 | GBX0.66 | GBX11.50 | x |
| 2020-06-30 | GBX0.40 | GBX11.50 | x |
| 2021-06-30 | GBX0.52 | GBX11.50 | x |
| 2022-06-30 | GBX0.66 | GBX11.50 | x |
| 2022-12-31 | GBX0.68 | GBX11.50 | x |
| 2023-12-31 | GBX0.48 | GBX11.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Brighton Pier 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): -41.83%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -21.68%
- • Asset Turnover: 0.57x
- • Equity Multiplier: 3.37x
- Recent ROE (-41.83%) is below the historical average (-2.09%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 0.00% | 6.22% | 1.35x | 0.00x | GBX1.05 Million |
| 2012 | 0.00% | 3.85% | 1.66x | 0.00x | GBX771.10K |
| 2013 | 135.10% | 2.73% | 1.67x | 29.59x | GBX520.40K |
| 2014 | -2.71% | -1.18% | 1.40x | 1.64x | GBX-1.27 Million |
| 2015 | -146.93% | -25.91% | 1.95x | 2.91x | GBX-6.17 Million |
| 2016 | -0.70% | -0.42% | 0.69x | 2.40x | GBX-1.46 Million |
| 2017 | 11.91% | 5.99% | 0.97x | 2.05x | GBX300.50K |
| 2018 | 8.31% | 5.56% | 0.71x | 2.11x | GBX-357.30K |
| 2019 | 9.18% | 7.00% | 0.71x | 1.85x | GBX-201.40K |
| 2020 | -63.30% | -41.97% | 0.39x | 3.91x | GBX-10.99 Million |
| 2021 | 21.95% | 31.25% | 0.18x | 3.93x | GBX2.30 Million |
| 2022 | 23.09% | 14.35% | 0.54x | 2.99x | GBX3.26 Million |
| 2022 | 16.63% | 10.82% | 0.56x | 2.73x | GBX1.69 Million |
| 2023 | -41.83% | -21.68% | 0.57x | 3.37x | GBX-9.34 Million |
Industry Comparison
This section compares Brighton Pier Group PLC's net assets metrics with peer companies in the Leisure industry.
Industry Context
- Industry: Leisure
- Average net assets among peers: $76,942,375
- Average return on equity (ROE) among peers: 5.56%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Brighton Pier Group PLC (PIER) | GBX18.17 Million | 0.00% | 2.32x | $52.17K |
| Hollywood Bowl Group PLC (BOWL) | $138.42 Million | 27.06% | 1.66x | $5.18 Million |
| Character Group (CCT) | $34.14 Million | 23.16% | 1.58x | $527.65K |
| Games Workshop Group PLC (GAW) | $235.10 Million | 57.29% | 0.39x | $80.52 Million |
| The GYM Group PLC (GYM) | $134.00 Million | -14.40% | 3.44x | $3.73 Million |
| Hornby PLC (HRN) | $974.00K | 27.82% | 7.55x | $13.31K |
| Tandem Group (TND) | $5.56 Million | 12.10% | 1.78x | $114.13K |
| Focusrite Plc (TUNE) | $56.90 Million | 7.19% | 0.84x | $1.40 Million |
| XP Factory PLC (XPF) | $10.45 Million | -95.75% | 0.22x | $325.00K |
About Brighton Pier Group PLC
The Brighton Pier Group PLC operates leisure and entertainment assets in the United Kingdom. It operates through Brighton Palace Pier; Golf; Bars; and Lightwater Valley segments. The company owns and trades Brighton Palace Pier that offers a range of attractions, such as arcades and funfair rides, as well as various on-site hospitality and catering facilities. It also owns and operates indoor min… Read more