Qinetiq Group PLC (QQ) - Net Assets
Based on the latest financial reports, Qinetiq Group PLC (QQ) has net assets worth GBX553.00 Million GBX (≈ $67.28K USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX1.74 Billion ≈ $211.51K USD) and total liabilities (GBX1.19 Billion ≈ $144.23K 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 Qinetiq Group PLC tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | GBX553.00 Million |
| % of Total Assets | 31.81% |
| Annual Growth Rate | 2.41% |
| 5-Year Change | -46.9% |
| 10-Year Change | 3.83% |
| Growth Volatility | 28.03 |
Qinetiq Group PLC - Net Assets Trend (2002–2026)
This chart illustrates how Qinetiq Group PLC's net assets have evolved over time, based on quarterly financial data. See defensive interval ratio of Qinetiq Group PLC to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Qinetiq Group PLC (2002–2026)
The table below shows the annual net assets of Qinetiq Group PLC from 2002 to 2026. For live valuation and market cap data, see Qinetiq Group PLC (QQ) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2026-03-31 | GBX553.00 Million ≈ $67.28K |
-11.73% |
| 2025-03-31 | GBX626.50 Million ≈ $76.23K |
-32.35% |
| 2024-03-31 | GBX926.10 Million ≈ $112.68K |
-4.36% |
| 2023-03-31 | GBX968.30 Million ≈ $117.81K |
-7.02% |
| 2022-03-31 | GBX1.04 Billion ≈ $126.71K |
+17.69% |
| 2021-03-31 | GBX884.90 Million ≈ $107.67K |
-0.25% |
| 2020-03-31 | GBX887.10 Million ≈ $107.93K |
+13.88% |
| 2019-03-31 | GBX779.00 Million ≈ $94.78K |
+4.66% |
| 2018-03-31 | GBX744.30 Million ≈ $90.56K |
+39.75% |
| 2017-03-31 | GBX532.60 Million ≈ $64.80K |
+63.98% |
| 2016-03-31 | GBX324.80 Million ≈ $39.52K |
+8.96% |
| 2015-03-31 | GBX298.10 Million ≈ $36.27K |
-21.16% |
| 2014-03-31 | GBX378.10 Million ≈ $46.00K |
-13.77% |
| 2013-03-31 | GBX438.50 Million ≈ $53.35K |
-26.84% |
| 2012-03-31 | GBX599.40 Million ≈ $72.93K |
+31.02% |
| 2011-03-31 | GBX457.50 Million ≈ $55.66K |
-3.42% |
| 2010-03-31 | GBX473.70 Million ≈ $57.64K |
-21.40% |
| 2009-03-31 | GBX602.70 Million ≈ $73.33K |
+13.08% |
| 2008-03-31 | GBX533.00 Million ≈ $64.85K |
+11.65% |
| 2007-03-31 | GBX477.40 Million ≈ $58.09K |
+31.55% |
| 2006-03-31 | GBX362.90 Million ≈ $44.15K |
+23.39% |
| 2005-03-31 | GBX294.10 Million ≈ $35.78K |
+30.60% |
| 2004-03-31 | GBX225.20 Million ≈ $27.40K |
+60.74% |
| 2003-03-31 | GBX140.10 Million ≈ $17.05K |
-55.17% |
| 2002-03-31 | GBX312.50 Million ≈ $38.02K |
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Equity Component Analysis
This analysis shows how different components contribute to Qinetiq 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 38800000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2026)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | GBX388.00 Million | 70.16% |
| Common Stock | GBX5.20 Million | 0.94% |
| Other Comprehensive Income | GBX12.20 Million | 2.21% |
| Other Components | GBX147.60 Million | 26.69% |
| Total Equity | GBX553.00 Million | 100.00% |
Qinetiq Group PLC Competitors by Market Cap
The table below lists competitors of Qinetiq Group PLC ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Bio Planet SA
WAR:BIP
|
$27.49 Million |
|
Moonbae Steel
KO:008420
|
$27.49 Million |
|
Genoray Co. Ltd
KQ:122310
|
$27.50 Million |
|
Sun Race Sturmey-Archer Inc
TW:1526
|
$27.50 Million |
|
BuzzFeed Inc
NASDAQ:BZFD
|
$27.47 Million |
|
Aerodrome Group Ltd
TA:ARDM
|
$27.46 Million |
|
Able View Global Inc. Class B Ordinary Shares
NASDAQ:ABLV
|
$27.46 Million |
|
Verde Agritech PLC
TO:NPK
|
$27.43 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Qinetiq Group PLC's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2025 to 2026, total equity changed from 626,500,000 to 553,000,000, a change of -73,500,000 (-11.7%).
- Net income of 107,500,000 contributed positively to equity growth.
- Dividend payments of 48,700,000 reduced retained earnings.
- Share repurchases of 146,900,000 reduced equity.
- Other comprehensive income increased equity by 12,200,000.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | GBX107.50 Million | +19.44% |
| Dividends Paid | GBX48.70 Million | -8.81% |
| Share Repurchases | GBX146.90 Million | -26.56% |
| Other Comprehensive Income | GBX12.20 Million | +2.21% |
| Other Changes | GBX2.40 Million | +0.43% |
| Total Change | GBX- | -11.73% |
Book Value vs Market Value Analysis
This analysis compares Qinetiq 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: 430.32x
- 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 8925.17x to 430.32x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2003-03-31 | GBX0.05 | GBX438.00 | x |
| 2004-03-31 | GBX0.18 | GBX438.00 | x |
| 2005-03-31 | GBX0.51 | GBX438.00 | x |
| 2006-03-31 | GBX0.61 | GBX438.00 | x |
| 2007-03-31 | GBX0.71 | GBX438.00 | x |
| 2008-03-31 | GBX0.81 | GBX438.00 | x |
| 2009-03-31 | GBX0.92 | GBX438.00 | x |
| 2010-03-31 | GBX0.72 | GBX438.00 | x |
| 2011-03-31 | GBX0.69 | GBX438.00 | x |
| 2012-03-31 | GBX0.92 | GBX438.00 | x |
| 2013-03-31 | GBX0.68 | GBX438.00 | x |
| 2014-03-31 | GBX0.58 | GBX438.00 | x |
| 2015-03-31 | GBX0.47 | GBX438.00 | x |
| 2016-03-31 | GBX0.55 | GBX438.00 | x |
| 2017-03-31 | GBX0.92 | GBX438.00 | x |
| 2018-03-31 | GBX1.31 | GBX438.00 | x |
| 2019-03-31 | GBX1.36 | GBX438.00 | x |
| 2020-03-31 | GBX1.55 | GBX438.00 | x |
| 2021-03-31 | GBX1.54 | GBX438.00 | x |
| 2022-03-31 | GBX1.80 | GBX438.00 | x |
| 2023-03-31 | GBX1.66 | GBX438.00 | x |
| 2024-03-31 | GBX1.58 | GBX438.00 | x |
| 2025-03-31 | GBX1.10 | GBX438.00 | x |
| 2026-03-31 | GBX1.02 | GBX438.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Qinetiq 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): 19.44%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.59%
- • Asset Turnover: 1.11x
- • Equity Multiplier: 3.14x
- Recent ROE (19.44%) is above the historical average (13.64%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2003 | 35.53% | 1.46% | 1.00x | 24.43x | GBX8.12 Million |
| 2004 | 37.55% | 5.37% | 0.98x | 7.12x | GBX31.33 Million |
| 2005 | 24.89% | 8.63% | 0.86x | 3.34x | GBX44.21 Million |
| 2006 | 15.98% | 5.52% | 0.88x | 3.27x | GBX21.75 Million |
| 2007 | 14.46% | 6.00% | 0.88x | 2.74x | GBX21.27 Million |
| 2008 | 8.89% | 3.47% | 0.92x | 2.78x | GBX-5.89 Million |
| 2009 | 15.53% | 5.79% | 0.79x | 3.39x | GBX33.34 Million |
| 2010 | -13.37% | -3.89% | 1.00x | 3.45x | GBX-110.66 Million |
| 2011 | 1.09% | 0.29% | 1.15x | 3.24x | GBX-40.74 Million |
| 2012 | 41.10% | 16.76% | 1.03x | 2.39x | GBX186.37 Million |
| 2013 | -30.38% | -10.03% | 1.12x | 2.69x | GBX-177.04 Million |
| 2014 | -3.36% | -1.07% | 1.15x | 2.74x | GBX-50.50 Million |
| 2015 | 35.13% | 13.71% | 1.03x | 2.49x | GBX74.90 Million |
| 2016 | 32.69% | 14.04% | 0.98x | 2.38x | GBX73.64 Million |
| 2017 | 23.16% | 15.75% | 0.80x | 1.83x | GBX70.06 Million |
| 2018 | 18.56% | 16.58% | 0.70x | 1.61x | GBX63.69 Million |
| 2019 | 14.66% | 12.50% | 0.71x | 1.64x | GBX36.22 Million |
| 2020 | 12.02% | 9.91% | 0.74x | 1.64x | GBX17.83 Million |
| 2021 | 13.76% | 9.52% | 0.85x | 1.69x | GBX33.24 Million |
| 2022 | 8.64% | 6.82% | 0.74x | 1.72x | GBX-14.12 Million |
| 2023 | 15.95% | 9.77% | 0.75x | 2.16x | GBX57.57 Million |
| 2024 | 15.07% | 7.30% | 0.91x | 2.27x | GBX46.99 Million |
| 2025 | -29.64% | -9.61% | 1.06x | 2.92x | GBX-248.35 Million |
| 2026 | 19.44% | 5.59% | 1.11x | 3.14x | GBX52.20 Million |
Industry Comparison
This section compares Qinetiq Group PLC's net assets metrics with peer companies in the Aerospace & Defense industry.
Industry Context
- Industry: Aerospace & Defense
- Average net assets among peers: $959,919,029
- Average return on equity (ROE) among peers: -0.76%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Qinetiq Group PLC (QQ) | GBX553.00 Million | 35.53% | 2.14x | $27.48 Million |
| Avon Protection PLC (AVON) | $102.92 Million | 8.64% | 1.70x | $6.20 Million |
| BAE Systems plc (BA) | $4.66 Billion | -1.44% | 4.47x | $659.70 Million |
| Chemring Group PLC (CHG) | $26.82 Million | 0.00% | 1.46x | $16.36 Million |
| Cohort (CHRT) | $62.20 Million | 9.49% | 0.25x | $6.91 Million |
| Rolls-Royce Holdings PLC (RR) | $1.72 Billion | 15.03% | 1.78x | $1.42 Billion |
| Senior PLC (SNR) | $140.93 Million | 10.80% | 1.39x | $14.51 Million |
| Velocity Composites plc (VEL) | $6.57 Million | -47.85% | 1.24x | $99.78K |
About Qinetiq Group PLC
QinetiQ Group plc provides science and technology solution in the defense, security, and infrastructure markets in the United Kingdom, the United States, Australia, and internationally. The company operates through EMEA Services and Global Solutions segments. It offers advanced materials and manufacturing products; artificial intelligence, analytics, and advanced computing technologies; cyber and… Read more