PRIS
Pristine Capital Plc does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, or a scheme arrangement of a majority interest in a company or business in real estate sector. The company was formerly known as More Acquisitions Plc and changed its name to Pristine Capital Plc in June 2024. Pristine Capital Plc was incorporated in… Read more
PRIS (PRIS) - Net Assets
Latest net assets as of October 2024: GBX788.98K GBX
Based on the latest financial reports, PRIS (PRIS) has net assets worth GBX788.98K GBX as of October 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX815.04K) and total liabilities (GBX26.06K). 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 | GBX788.98K |
| % of Total Assets | 96.8% |
| Annual Growth Rate | 17.29% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
PRIS - Net Assets Trend (2023–2024)
This chart illustrates how PRIS's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for PRIS (2023–2024)
The table below shows the annual net assets of PRIS from 2023 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-10-31 | GBX788.98K | +17.33% |
| 2023-10-31 | GBX672.47K | -- |
Equity Component Analysis
This analysis shows how different components contribute to PRIS'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 168071100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (October 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | GBX1.61 Million | 203.71% |
| Other Components | GBX862.45K | 109.31% |
| Total Equity | GBX788.98K | 100.00% |
PRIS Competitors by Market Cap
The table below lists competitors of PRIS ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Jervois Global Limited
BE:IHS
|
$88.08 |
|
LiveChain Inc
PINK:LICH
|
$88.13 |
|
Chenab Ltd Pref
KAR:CLCPS
|
$88.22 |
|
CN ZHENGTONG
BE:ZA0
|
$88.63 |
|
African Discovery Group Inc
PINK:AFDG
|
$87.96 |
|
UNION DICON SALT PLC
XNSA:UNIONDICON
|
$87.89 |
|
NAUTILUS
BE:DF3
|
$87.87 |
|
Beacon Energy PLC
LSE:BCE
|
$87.84 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in PRIS's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 672,466 to 788,978, a change of 116,512 (17.3%).
- Net loss of 284,784 reduced equity.
- Other factors increased equity by 401,296.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | GBX-284.78K | -36.1% |
| Other Changes | GBX401.30K | +50.86% |
| Total Change | GBX- | 17.33% |
Book Value vs Market Value Analysis
This analysis compares PRIS'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: 268.88x
- 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 increased from 83.65x to 268.88x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2023-10-31 | GBX0.01 | GBX0.45 | x |
| 2024-10-31 | GBX0.00 | GBX0.45 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently PRIS 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): -36.10%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.03x
- Recent ROE (-36.10%) is above the historical average (-52.54%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2023 | -68.98% | 0.00% | 0.00x | 1.06x | GBX-531.14K |
| 2024 | -36.10% | 0.00% | 0.00x | 1.03x | GBX-363.68K |
Industry Comparison
This section compares PRIS's net assets metrics with peer companies in the Shell Companies industry.
Industry Context
- Industry: Shell Companies
- Average net assets among peers: $829,948
- Average return on equity (ROE) among peers: -39.87%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| PRIS (PRIS) | GBX788.98K | -68.98% | 0.03x | $88.00 |
| Acceler8 Ventures PLC (AC8) | $168.72K | -109.65% | 0.49x | $91.25 |
| Alkemy Capital Investments Plc (ALK) | $-824.59K | 0.00% | 0.00x | $5.48K |
| Alteration Earth PLC (ALTE) | $796.48K | -34.33% | 0.07x | $273.76 |
| ARDANA (ARA) | $779.77K | -0.03% | 0.05x | $44.71 |
| Bay Capital PLC (BAY) | $5.12 Million | -25.54% | 0.19x | $508.89 |
| Beacon Rise Holdings PLC (BRS) | $285.17K | -0.04% | 0.25x | $274.78 |
| EARNZ plc (EARN) | $2.74 Million | -81.47% | 0.31x | $896.10 |
| Electric Guitar PLC (ELEG) | $-912.93K | 0.00% | 0.00x | $125.95 |
| Ikigai Ventures Ltd (IKIV) | $-18.49K | 0.00% | 0.00x | $1.06K |
| Inspirit Energy Holdings Plc (INSP) | $170.00K | -147.65% | 0.70x | $19.06 |