Pressure Technologies Plc
Chesterfield Special Cylinders Holdings Plc, through its subsidiaries, design, manufactures, and reconditions high pressure gas cylinders. The company also provides integrity management services for safety-critical applications in defence, oil and gas, industrial, and hydrogen energy markets. It operates in the United Kingdom, France, Norway, the United States, Italy, Germany, Australia, Rest of … Read more
Pressure Technologies Plc (PRES) - Net Assets
Latest net assets as of September 2024: GBX11.16 Million GBX
Based on the latest financial reports, Pressure Technologies Plc (PRES) has net assets worth GBX11.16 Million GBX as of September 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX24.43 Million) and total liabilities (GBX13.26 Million). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | GBX11.16 Million |
| % of Total Assets | 45.69% |
| Annual Growth Rate | 15.03% |
| 5-Year Change | -16.17% |
| 10-Year Change | -69.29% |
| Growth Volatility | 173.12 |
Pressure Technologies Plc - Net Assets Trend (2006–2024)
This chart illustrates how Pressure Technologies Plc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Pressure Technologies Plc (2006–2024)
The table below shows the annual net assets of Pressure Technologies Plc from 2006 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-09-30 | GBX11.16 Million | -17.85% |
| 2023-09-30 | GBX13.59 Million | +12.25% |
| 2022-09-30 | GBX12.10 Million | -24.46% |
| 2021-09-30 | GBX16.02 Million | +20.35% |
| 2020-09-30 | GBX13.31 Million | -58.51% |
| 2019-09-30 | GBX32.09 Million | -3.91% |
| 2018-09-30 | GBX33.39 Million | -1.21% |
| 2017-09-30 | GBX33.80 Million | -2.91% |
| 2016-09-30 | GBX34.81 Million | -4.20% |
| 2015-09-30 | GBX36.34 Million | -0.51% |
| 2014-09-30 | GBX36.53 Million | 0.00% |
| 2014-09-27 | GBX36.53 Million | +109.17% |
| 2013-09-30 | GBX17.46 Million | +8.78% |
| 2012-09-30 | GBX16.05 Million | +3.33% |
| 2011-09-30 | GBX15.54 Million | -2.32% |
| 2010-09-30 | GBX15.91 Million | +12.70% |
| 2009-09-30 | GBX14.11 Million | +26.39% |
| 2008-09-30 | GBX11.17 Million | +43.26% |
| 2007-09-30 | GBX7.79 Million | +769.01% |
| 2006-09-30 | GBX897.00K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Pressure Technologies 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 966.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (September 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | GBX7.79 Million | 69.82% |
| Common Stock | GBX1.93 Million | 17.32% |
| Other Components | GBX1.44 Million | 12.86% |
| Total Equity | GBX11.16 Million | 100.00% |
Pressure Technologies Plc Competitors by Market Cap
The table below lists competitors of Pressure Technologies Plc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
LMS Capital Plc
LSE:LMS
|
$1.60K |
|
Tea Smallholder Factories PLC
CM:TSMLN0000
|
$1.60K |
|
E-shopping Group S.A.
WAR:ESG
|
$1.60K |
|
Zambeef Products PLC
LSE:ZAM
|
$1.61K |
|
HOM
VN:HOM
|
$1.60K |
|
THAILAND FUTURE
BK:TFFIF
|
$1.60K |
|
Bonjour Holdings Limited
PINK:BJURD
|
$1.59K |
|
Nestmedic S.A.
WAR:NST
|
$1.59K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Pressure Technologies Plc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 13,586,000 to 11,161,000, a change of -2,425,000 (-17.8%).
- Net loss of 2,437,000 reduced equity.
- Other comprehensive income increased equity by 253,000.
- Other factors decreased equity by 241,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | GBX-2.44 Million | -21.83% |
| Other Comprehensive Income | GBX253.00K | +2.27% |
| Other Changes | GBX-241.00K | -2.16% |
| Total Change | GBX- | -17.85% |
Book Value vs Market Value Analysis
This analysis compares Pressure Technologies 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: 124.27x
- 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 429.61x to 124.27x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-09-30 | GBX0.08 | GBX34.00 | x |
| 2007-09-30 | GBX0.90 | GBX34.00 | x |
| 2008-09-30 | GBX0.98 | GBX34.00 | x |
| 2009-09-30 | GBX1.24 | GBX34.00 | x |
| 2010-09-30 | GBX1.39 | GBX34.00 | x |
| 2011-09-30 | GBX1.37 | GBX34.00 | x |
| 2012-09-30 | GBX1.41 | GBX34.00 | x |
| 2013-09-30 | GBX1.53 | GBX34.00 | x |
| 2014-09-30 | GBX2.75 | GBX34.00 | x |
| 2015-09-30 | GBX2.50 | GBX34.00 | x |
| 2016-09-30 | GBX2.41 | GBX34.00 | x |
| 2017-09-30 | GBX2.33 | GBX34.00 | x |
| 2018-09-30 | GBX1.84 | GBX34.00 | x |
| 2019-09-30 | GBX1.73 | GBX34.00 | x |
| 2020-09-30 | GBX0.72 | GBX34.00 | x |
| 2021-09-30 | GBX0.56 | GBX34.00 | x |
| 2022-09-30 | GBX0.39 | GBX34.00 | x |
| 2023-09-30 | GBX0.36 | GBX34.00 | x |
| 2024-09-30 | GBX0.27 | GBX34.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Pressure Technologies 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): -21.83%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -16.44%
- • Asset Turnover: 0.61x
- • Equity Multiplier: 2.19x
- Recent ROE (-21.83%) is below the historical average (-2.53%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 62.99% | 6.92% | 1.13x | 8.03x | GBX475.30K |
| 2007 | 12.03% | 6.20% | 1.04x | 1.86x | GBX158.50K |
| 2008 | 32.07% | 15.14% | 1.32x | 1.61x | GBX2.46 Million |
| 2009 | 25.78% | 13.90% | 1.32x | 1.40x | GBX2.23 Million |
| 2010 | 15.89% | 11.64% | 0.99x | 1.37x | GBX937.27K |
| 2011 | 2.58% | 1.73% | 0.98x | 1.52x | GBX-1.15 Million |
| 2012 | 7.92% | 4.18% | 1.21x | 1.57x | GBX-334.50K |
| 2013 | 12.60% | 6.40% | 1.22x | 1.62x | GBX453.60K |
| 2014 | 10.16% | 6.87% | 0.91x | 1.63x | GBX58.10K |
| 2015 | 3.36% | 2.27% | 0.80x | 1.86x | GBX-2.41 Million |
| 2016 | 1.85% | 1.80% | 0.57x | 1.82x | GBX-2.84 Million |
| 2017 | -1.72% | -1.68% | 0.54x | 1.89x | GBX-3.96 Million |
| 2018 | -4.09% | -6.45% | 0.35x | 1.82x | GBX-4.70 Million |
| 2019 | -1.21% | -1.37% | 0.52x | 1.71x | GBX-3.60 Million |
| 2020 | -141.78% | -74.31% | 0.72x | 2.64x | GBX-20.21 Million |
| 2021 | -26.24% | -16.63% | 0.82x | 1.93x | GBX-5.81 Million |
| 2022 | -33.36% | -16.19% | 0.90x | 2.28x | GBX-5.25 Million |
| 2023 | -5.00% | -2.13% | 1.19x | 1.98x | GBX-2.04 Million |
| 2024 | -21.83% | -16.44% | 0.61x | 2.19x | GBX-3.55 Million |
Industry Comparison
This section compares Pressure Technologies Plc's net assets metrics with peer companies in the Oil & Gas Equipment & Services industry.
Industry Context
- Industry: Oil & Gas Equipment & Services
- Average net assets among peers: $72,634,828
- Average return on equity (ROE) among peers: 14.21%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Pressure Technologies Plc (PRES) | GBX11.16 Million | 62.99% | 1.19x | $1.60K |
| Ashtead Technology Holdings PLC (AT) | $27.66 Million | 0.00% | 1.14x | $43.41K |
| Chesterfield Special Cylinders Holdings Plc (CSC) | $14.11 Million | 25.78% | 0.40x | $2.35K |
| Gulf Marine Services PLC (GMS) | $444.25 Million | 6.64% | 1.12x | $29.37K |
| Getech Group (GTC) | $462.00K | 38.96% | 2.34x | $405.88 |
| Enteq Upstream (NTQ) | $11.08 Million | -19.12% | 0.16x | $61.89 |
| Tan Delta Systems PLC (TAND) | $496.00K | 56.95% | 1.12x | $3.30K |
| Thalassa Holdings Ltd (THAL) | $10.39 Million | -9.76% | 0.06x | $455.97 |