Pennon Group Plc Net Assets
Pennon Group Plc net assets. Based on the latest financial reports, Pennon Group Plc (PNN) has net assets worth GBX1.41 Billion GBX (≈ $171.75K USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX7.48 Billion ≈ $910.10K USD) and total liabilities (GBX6.07 Billion ≈ $738.35K 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. Also explore Pennon Group Plc annual equity growth to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | GBX1.41 Billion |
| % of Total Assets | 18.87% |
| Annual Growth Rate | 6.47% |
| 5-Year Change | 10.75% |
| 10-Year Change | 16.24% |
| Growth Volatility | 37.05 |
Net Assets of Pennon Group Plc (1986–2026)
Net assets of Pennon Group Plc from 1986 to 2026. This chart illustrates how Pennon Group Plc's net assets have evolved over time, based on quarterly financial data. See how leveraged is Pennon Group Plc's balance sheet to measure how much of total assets are equity-financed.
Annual Net Assets for Pennon Group Plc (1986–2026)
The table below shows the annual net assets of Pennon Group Plc from 1986 to 2026. For live market cap and overall valuation, see market cap of Pennon Group Plc.
| Year | Net Assets | Change |
|---|---|---|
| 2026-03-31 | GBX1.41 Billion ≈ $171.75K |
-2.70% |
| 2025-03-31 | GBX1.45 Billion ≈ $176.51K |
+24.78% |
| 2024-03-31 | GBX1.16 Billion ≈ $141.45K |
+3.32% |
| 2023-03-31 | GBX1.13 Billion ≈ $136.90K |
-11.72% |
| 2022-03-31 | GBX1.27 Billion ≈ $155.08K |
-57.30% |
| 2021-03-31 | GBX2.98 Billion ≈ $363.16K |
+110.88% |
| 2020-03-31 | GBX1.42 Billion ≈ $172.21K |
+2.34% |
| 2019-03-31 | GBX1.38 Billion ≈ $168.28K |
+3.03% |
| 2018-03-31 | GBX1.34 Billion ≈ $163.33K |
+10.54% |
| 2017-03-31 | GBX1.21 Billion ≈ $147.76K |
+1.81% |
| 2016-03-31 | GBX1.19 Billion ≈ $145.13K |
-11.91% |
| 2015-03-31 | GBX1.35 Billion ≈ $164.75K |
+13.07% |
| 2014-03-31 | GBX1.20 Billion ≈ $145.71K |
+11.71% |
| 2013-03-31 | GBX1.07 Billion ≈ $130.44K |
+30.41% |
| 2012-03-31 | GBX822.10 Million ≈ $100.03K |
+5.47% |
| 2011-03-31 | GBX779.50 Million ≈ $94.84K |
+17.59% |
| 2010-03-31 | GBX662.90 Million ≈ $80.66K |
+10.37% |
| 2009-03-31 | GBX600.60 Million ≈ $73.08K |
-6.20% |
| 2008-03-31 | GBX640.30 Million ≈ $77.91K |
+2.09% |
| 2007-03-31 | GBX627.20 Million ≈ $76.31K |
+7.91% |
| 2006-03-31 | GBX581.20 Million ≈ $70.72K |
-18.01% |
| 2005-03-31 | GBX708.90 Million ≈ $86.25K |
-21.20% |
| 2004-03-31 | GBX899.60 Million ≈ $109.46K |
+1.07% |
| 2003-03-31 | GBX890.10 Million ≈ $108.30K |
-8.82% |
| 2002-03-31 | GBX976.20 Million ≈ $118.78K |
+7.38% |
| 2001-03-31 | GBX909.10 Million ≈ $110.61K |
-3.63% |
| 2000-03-31 | GBX943.30 Million ≈ $114.77K |
+5.79% |
| 1999-03-31 | GBX891.70 Million ≈ $108.49K |
+10.26% |
| 1998-03-31 | GBX808.70 Million ≈ $98.40K |
-11.70% |
| 1997-03-31 | GBX915.90 Million ≈ $111.44K |
+9.02% |
| 1996-03-31 | GBX840.10 Million ≈ $102.22K |
-0.50% |
| 1995-03-31 | GBX844.30 Million ≈ $102.73K |
+2.80% |
| 1994-03-31 | GBX821.30 Million ≈ $99.93K |
+5.36% |
| 1993-03-31 | GBX779.50 Million ≈ $94.84K |
+5.59% |
| 1992-03-31 | GBX738.20 Million ≈ $89.82K |
+7.78% |
| 1991-03-31 | GBX684.90 Million ≈ $83.33K |
+8.39% |
| 1990-03-31 | GBX631.90 Million ≈ $76.88K |
+195.00% |
| 1989-03-31 | GBX214.20 Million ≈ $26.06K |
+21.29% |
| 1988-03-31 | GBX176.60 Million ≈ $21.49K |
+23.41% |
| 1987-03-31 | GBX143.10 Million ≈ $17.41K |
+24.43% |
| 1986-03-31 | GBX115.00 Million ≈ $13.99K |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Pennon 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 60.2% over the analyzed period, indicating profitable operations and earnings retention.
Pennon Group Plc Net Assets Breakdown (March 2026)
Pennon Group Plc net assets breakdown by equity component as of March 2026.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | GBX184.20 Million | 13.08% |
| Common Stock | GBX288.10 Million | 20.46% |
| Other Comprehensive Income | GBX182.40 Million | 12.95% |
| Other Components | GBX753.30 Million | 53.50% |
| Total Equity | GBX1.41 Billion | 100.00% |
Pennon Group Plc Competitors by Market Cap
The table below lists competitors of Pennon Group Plc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
enX Group Ltd
JSE:ENX
|
$19.95 Million |
|
LendingClub Corp
NYSE:LC
|
$19.96 Million |
|
Nuintek Co.Ltd
KQ:012340
|
$19.96 Million |
|
P&H Tech Co. Ltd.
KQ:239890
|
$19.96 Million |
|
Seko S.A.
WAR:SEK
|
$19.95 Million |
|
Litium AB (publ)
ST:LITI
|
$19.95 Million |
|
Eureka Design Public Company Limited
BK:UREKA
|
$19.95 Million |
|
Inbar Group Finance Ltd
TA:INBR
|
$19.95 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Pennon Group Plc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2025 to 2026, total equity changed from 1,448,200,000 to 1,408,000,000, a change of -40,200,000 (-2.8%).
- Net income of 91,500,000 contributed positively to equity growth.
- Dividend payments of 133,699,999 reduced retained earnings.
- Share repurchases of 2,400,000 reduced equity.
- Other comprehensive income increased equity by 600,001.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | GBX91.50 Million | +6.5% |
| Dividends Paid | GBX133.70 Million | -9.5% |
| Share Repurchases | GBX2.40 Million | -0.17% |
| Other Comprehensive Income | GBX600.00K | +0.04% |
| Other Changes | GBX6.20 Million | +0.44% |
| Total Change | GBX- | -2.78% |
Book Value vs Market Value Analysis
This analysis compares Pennon 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: 116.41x
- 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 671.18x to 116.41x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1986-03-31 | GBX0.52 | GBX347.40 | x |
| 1987-03-31 | GBX0.64 | GBX347.40 | x |
| 1988-03-31 | GBX0.79 | GBX347.40 | x |
| 1989-03-31 | GBX0.96 | GBX347.40 | x |
| 1990-03-31 | GBX2.84 | GBX347.40 | x |
| 1991-03-31 | GBX3.08 | GBX347.40 | x |
| 1992-03-31 | GBX3.31 | GBX347.40 | x |
| 1993-03-31 | GBX3.46 | GBX347.40 | x |
| 1994-03-31 | GBX3.60 | GBX347.40 | x |
| 1995-03-31 | GBX3.69 | GBX347.40 | x |
| 1996-03-31 | GBX3.64 | GBX347.40 | x |
| 1997-03-31 | GBX3.92 | GBX347.40 | x |
| 1998-03-31 | GBX3.39 | GBX347.40 | x |
| 1999-03-31 | GBX3.65 | GBX347.40 | x |
| 2000-03-31 | GBX3.80 | GBX347.40 | x |
| 2001-03-31 | GBX3.66 | GBX347.40 | x |
| 2002-03-31 | GBX3.92 | GBX347.40 | x |
| 2003-03-31 | GBX3.79 | GBX347.40 | x |
| 2004-03-31 | GBX3.98 | GBX347.40 | x |
| 2005-03-31 | GBX3.07 | GBX347.40 | x |
| 2006-03-31 | GBX2.26 | GBX347.40 | x |
| 2007-03-31 | GBX2.63 | GBX347.40 | x |
| 2008-03-31 | GBX2.73 | GBX347.40 | x |
| 2009-03-31 | GBX2.58 | GBX347.40 | x |
| 2010-03-31 | GBX2.83 | GBX347.40 | x |
| 2011-03-31 | GBX3.28 | GBX347.40 | x |
| 2012-03-31 | GBX3.42 | GBX347.40 | x |
| 2013-03-31 | GBX4.40 | GBX347.40 | x |
| 2014-03-31 | GBX4.87 | GBX347.40 | x |
| 2015-03-31 | GBX5.17 | GBX347.40 | x |
| 2016-03-31 | GBX4.34 | GBX347.40 | x |
| 2017-03-31 | GBX4.39 | GBX347.40 | x |
| 2018-03-31 | GBX4.80 | GBX347.40 | x |
| 2019-03-31 | GBX4.92 | GBX347.40 | x |
| 2020-03-31 | GBX5.03 | GBX347.40 | x |
| 2021-03-31 | GBX10.59 | GBX347.40 | x |
| 2022-03-31 | GBX4.06 | GBX347.40 | x |
| 2023-03-31 | GBX4.28 | GBX347.40 | x |
| 2024-03-31 | GBX4.36 | GBX347.40 | x |
| 2025-03-31 | GBX5.07 | GBX347.40 | x |
| 2026-03-31 | GBX2.98 | GBX347.40 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Pennon 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): 6.50%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.09%
- • Asset Turnover: 0.17x
- • Equity Multiplier: 5.31x
- Recent ROE (6.50%) is below the historical average (10.75%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1986 | 20.78% | 28.69% | 0.29x | 2.46x | GBX12.40 Million |
| 1987 | 19.64% | 31.22% | 0.29x | 2.16x | GBX13.79 Million |
| 1988 | 18.97% | 34.90% | 0.28x | 1.94x | GBX15.84 Million |
| 1989 | 17.55% | 35.37% | 0.28x | 1.76x | GBX16.18 Million |
| 1990 | 5.82% | 30.41% | 0.17x | 1.11x | GBX-26.39 Million |
| 1991 | 11.74% | 55.91% | 0.16x | 1.34x | GBX11.91 Million |
| 1992 | 10.99% | 48.71% | 0.14x | 1.64x | GBX7.28 Million |
| 1993 | 10.80% | 43.31% | 0.14x | 1.79x | GBX6.25 Million |
| 1994 | 10.46% | 34.14% | 0.16x | 1.96x | GBX3.77 Million |
| 1995 | 6.51% | 19.22% | 0.17x | 2.00x | GBX-29.43 Million |
| 1996 | 11.76% | 31.42% | 0.20x | 1.89x | GBX14.79 Million |
| 1997 | 12.92% | 34.43% | 0.20x | 1.84x | GBX26.71 Million |
| 1998 | -1.29% | -2.72% | 0.22x | 2.18x | GBX-91.27 Million |
| 1999 | 12.24% | 24.96% | 0.24x | 2.06x | GBX19.93 Million |
| 2000 | 12.36% | 24.97% | 0.25x | 2.01x | GBX22.27 Million |
| 2001 | 6.23% | 13.01% | 0.20x | 2.36x | GBX-34.31 Million |
| 2002 | 7.59% | 17.48% | 0.18x | 2.36x | GBX-23.52 Million |
| 2003 | 6.42% | 13.69% | 0.18x | 2.66x | GBX-31.91 Million |
| 2004 | 6.84% | 13.05% | 0.18x | 2.85x | GBX-28.46 Million |
| 2005 | 9.25% | 11.90% | 0.20x | 3.81x | GBX-5.29 Million |
| 2006 | 6.50% | 5.85% | 0.24x | 4.70x | GBX-20.32 Million |
| 2007 | 14.97% | 12.55% | 0.25x | 4.76x | GBX31.18 Million |
| 2008 | 20.87% | 15.27% | 0.25x | 5.41x | GBX69.57 Million |
| 2009 | 14.95% | 9.37% | 0.27x | 5.95x | GBX29.74 Million |
| 2010 | 21.35% | 13.24% | 0.27x | 5.86x | GBX75.21 Million |
| 2011 | 22.01% | 14.80% | 0.28x | 5.31x | GBX93.65 Million |
| 2012 | 20.97% | 13.98% | 0.29x | 5.20x | GBX90.19 Million |
| 2013 | 1.92% | 1.72% | 0.25x | 4.45x | GBX-86.61 Million |
| 2014 | 11.90% | 10.79% | 0.27x | 4.16x | GBX22.74 Million |
| 2015 | 9.33% | 9.31% | 0.25x | 3.99x | GBX-9.11 Million |
| 2016 | 12.75% | 11.25% | 0.24x | 4.78x | GBX32.82 Million |
| 2017 | 13.53% | 12.14% | 0.23x | 4.90x | GBX42.86 Million |
| 2018 | 14.96% | 14.40% | 0.23x | 4.60x | GBX66.51 Million |
| 2019 | 16.75% | 36.60% | 0.10x | 4.67x | GBX93.31 Million |
| 2020 | 14.65% | 32.57% | 0.09x | 4.78x | GBX65.87 Million |
| 2021 | 2.66% | 12.74% | 0.10x | 2.15x | GBX-218.99 Million |
| 2022 | 1.21% | 1.94% | 0.15x | 4.19x | GBX-112.05 Million |
| 2023 | 0.01% | 0.01% | 0.15x | 4.61x | GBX-112.38 Million |
| 2024 | -0.82% | -1.05% | 0.15x | 5.37x | GBX-125.62 Million |
| 2025 | -4.00% | -5.53% | 0.15x | 4.87x | GBX-202.72 Million |
| 2026 | 6.50% | 7.09% | 0.17x | 5.31x | GBX-49.30 Million |
Industry Comparison
This section compares Pennon Group Plc's net assets metrics with peer companies in the Utilities - Regulated Water industry.
Industry Context
- Industry: Utilities - Regulated Water
- Average net assets among peers: $550,962,667
- Average return on equity (ROE) among peers: 19.29%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Pennon Group Plc (PNN) | GBX1.41 Billion | 20.78% | 4.30x | $19.95 Million |
| The Alumasc Group plc (ALU) | $6.89 Million | 26.10% | 1.10x | $1.07 Million |
| Severn Trent PLC (SVT) | $201.30 Million | 19.37% | 4.88x | $121.51 Million |
| United Utilities Group PLC (UU) | $1.44 Billion | 12.40% | 5.75x | $138.65 Million |
About Pennon Group Plc
Pennon Group Plc provides water and wastewater services in the United Kingdom. The company operates through two segments, Water and Non-Household Retail. It is also involved in renewable energy generation activities, as well as provides water retail services. Pennon Group Plc was incorporated in 1989 and is based in Exeter, the United Kingdom.