Plus500 Ltd (PLUS) - Net Assets

Latest as of June 2026: GBX587.03 Million GBX ≈ $71.42K USD

Based on the latest financial reports, Plus500 Ltd (PLUS) has net assets worth GBX587.03 Million GBX (≈ $71.42K USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX1.03 Billion ≈ $125.21K USD) and total liabilities (GBX442.08 Million ≈ $53.79K 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 strategic asset allocation of Plus500 Ltd to assess the company's strategic physical and investment asset allocation.

Key Net Assets Metrics

Metric	Value
Current Net Assets	GBX587.03 Million
% of Total Assets	57.04%
Annual Growth Rate	46.2%
5-Year Change	-26.64%
10-Year Change	290.93%
Growth Volatility	178.16

Plus500 Ltd - Net Assets Trend (2010–2025)

This chart illustrates how Plus500 Ltd's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see market value of Plus500 Ltd.

Annual Net Assets for Plus500 Ltd (2010–2025)

The table below shows the annual net assets of Plus500 Ltd from 2010 to 2025. Also explore Plus500 Ltd (PLUS) equity growth momentum to track the company's year-over-year net asset growth rate.

Year	Net Assets	Change
2025-12-31	GBX568.21 Million ≈ $69.13K	-11.81%
2024-12-31	GBX644.30 Million ≈ $78.39K	-7.93%
2023-12-31	GBX699.80 Million ≈ $85.15K	-24.98%
2022-12-31	GBX932.80 Million ≈ $113.49K	+20.44%
2021-12-31	GBX774.50 Million ≈ $94.23K	+31.23%
2020-12-31	GBX590.20 Million ≈ $71.81K	+95.43%
2019-12-31	GBX302.00 Million ≈ $36.74K	-1.24%
2018-12-31	GBX305.80 Million ≈ $37.21K	+19.69%
2017-12-31	GBX255.50 Million ≈ $31.09K	+75.79%
2016-12-31	GBX145.35 Million ≈ $17.68K	-12.00%
2015-12-31	GBX165.16 Million ≈ $20.10K	+14.75%
2014-12-31	GBX143.94 Million ≈ $17.51K	+61.78%
2013-12-31	GBX88.97 Million ≈ $10.83K	+644.71%
2012-12-31	GBX11.95 Million ≈ $1.45K	+26.80%
2011-12-31	GBX9.42 Million ≈ $1.15K	+394.33%
2010-12-31	GBX1.91 Million ≈ $231.91	--

Equity Component Analysis

This analysis shows how different components contribute to Plus500 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 grown by 94609.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	GBX1.53 Billion	268.86%
Common Stock	GBX300.11K	0.05%
Total Equity	GBX568.21 Million	100.00%

Plus500 Ltd Competitors by Market Cap

The table below lists competitors of Plus500 Ltd ranked by their market capitalization.

Company	Market Cap
Yao I Fabric Co Ltd TWO:4430	$30.58 Million
Anghami De Inc NASDAQ:ANGH	$30.59 Million
Reliq Health Technologies Inc V:RHT	$30.60 Million
Ascendis Health Ltd JSE:ASC	$30.61 Million
Ihlas Holding AS IS:IHLAS	$30.57 Million
Profoto Holding AB ST:PRFO	$30.56 Million
Heeros Oyj HE:HEEROS	$30.56 Million
Starcore International Mines Ltd TO:SAM	$30.55 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Plus500 Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from 644,300,000 to 568,206,921, a change of -76,093,079 (-11.8%).
Net income of 287,201,758 contributed positively to equity growth.
Dividend payments of 164,400,000 reduced retained earnings.
Share repurchases of 219,510,764 reduced equity.
Other factors increased equity by 20,615,927.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	GBX287.20 Million	+50.55%
Dividends Paid	GBX164.40 Million	-28.93%
Share Repurchases	GBX219.51 Million	-38.63%
Other Changes	GBX20.62 Million	+3.63%
Total Change	GBX-	-11.81%

Book Value vs Market Value Analysis

This analysis compares Plus500 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: 462.03x
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 213019.69x to 462.03x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2010-12-31	GBX0.02	GBX3534.00	x
2011-12-31	GBX0.08	GBX3534.00	x
2012-12-31	GBX0.10	GBX3534.00	x
2013-12-31	GBX0.64	GBX3534.00	x
2014-12-31	GBX0.96	GBX3534.00	x
2015-12-31	GBX1.02	GBX3534.00	x
2016-12-31	GBX1.18	GBX3534.00	x
2017-12-31	GBX1.97	GBX3534.00	x
2018-12-31	GBX2.46	GBX3534.00	x
2019-12-31	GBX2.53	GBX3534.00	x
2020-12-31	GBX5.23	GBX3534.00	x
2021-12-31	GBX6.48	GBX3534.00	x
2022-12-31	GBX7.94	GBX3534.00	x
2023-12-31	GBX8.05	GBX3534.00	x
2024-12-31	GBX8.14	GBX3534.00	x
2025-12-31	GBX7.65	GBX3534.00	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Plus500 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): 50.55%
The company demonstrates strong efficiency in generating profits from shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 35.50%
• Asset Turnover: 0.86x
• Equity Multiplier: 1.66x
Recent ROE (50.55%) is below the historical average (103.64%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2010	404.62%	31.85%	2.55x	4.98x	GBX7.52 Million
2011	182.11%	34.30%	2.22x	2.39x	GBX16.22 Million
2012	143.13%	30.47%	2.22x	2.11x	GBX15.91 Million
2013	74.44%	44.53%	1.26x	1.32x	GBX43.83 Million
2014	92.75%	44.77%	1.56x	1.32x	GBX91.41 Million
2015	82.08%	35.03%	1.63x	1.44x	GBX84.80 Million
2016	86.21%	35.75%	2.12x	1.14x	GBX103.64 Million
2017	88.39%	45.67%	1.61x	1.20x	GBX177.09 Million
2018	135.02%	52.61%	2.16x	1.19x	GBX350.93 Million
2019	53.40%	43.72%	1.09x	1.12x	GBX123.29 Million
2020	90.01%	57.77%	1.40x	1.12x	GBX444.54 Million
2021	46.97%	43.74%	0.86x	1.24x	GBX244.47 Million
2022	47.46%	45.44%	0.81x	1.29x	GBX292.35 Million
2023	38.78%	37.74%	0.72x	1.44x	GBX201.42 Million
2024	42.39%	38.38%	0.72x	1.54x	GBX208.67 Million
2025	50.55%	35.50%	0.86x	1.66x	GBX230.38 Million

Industry Comparison

This section compares Plus500 Ltd's net assets metrics with peer companies in the Capital Markets industry.

Industry Context

Industry: Capital Markets
Average net assets among peers: $523,982,742
Average return on equity (ROE) among peers: 8.20%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Plus500 Ltd (PLUS)	GBX587.03 Million	404.62%	0.75x	$30.58 Million
ADVFN Plc (AFN)	$3.73 Million	-44.96%	0.75x	$39.42K
Argentex Group PLC (AGFX)	$33.20 Million	22.29%	1.93x	$39.86K
Alpha Group International plc (ALPH)	$48.71 Million	16.06%	0.56x	$21.92 Million
Argo Blockchain PLC (ARB)	$27.19 Million	-15.14%	0.01x	$70.15K
finnCap Group PLC (CAV)	$20.93 Million	12.11%	0.41x	$363.55K
CMC Markets PLC (CMCX)	$176.33 Million	24.08%	0.31x	$22.54 Million
Fiske PLC (FKE)	$3.78 Million	33.77%	2.90x	$97.16K
Frp Advisory Group Plc (FRP)	$94.80 Million	23.73%	0.67x	$3.72 Million
IG Group Holdings PLC (IGG)	$22.53 Million	0.00%	0.77x	$55.40 Million
Investec plc (INVR)	$4.81 Billion	10.04%	10.13x	$79.54 Million

About Plus500 Ltd

LSE:PLUS UK Capital Markets

Market Cap

$30.58 Million

GBX251.35 Billion GBX

Market Cap Rank

#23817 Global

#209 in UK

Share Price

GBX3534.00

Change (1 day)

+0.74%

52-Week Range

GBX2950.00 - GBX5070.00

All Time High

GBX5070.00