Quartix Holdings Plc
Quartix Technologies plc engages in the design, development, marketing, and delivery of vehicle telematics services in the United Kingdom, France, the United States, and other European Territories. The company offers GPS Vehicle Tracking system that locate vehicles in real-time to improve routes, security, and dispatch activities. It also provides Fleet Management software that consist of live tr… Read more
Quartix Holdings Plc (QTX) - Net Assets
Latest net assets as of June 2025: GBX21.04 Million GBX
Based on the latest financial reports, Quartix Holdings Plc (QTX) has net assets worth GBX21.04 Million GBX as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX32.04 Million) and total liabilities (GBX11.00 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 | GBX21.04 Million |
| % of Total Assets | 65.67% |
| Annual Growth Rate | 5.8% |
| 5-Year Change | -8.54% |
| 10-Year Change | 28.99% |
| Growth Volatility | 13.74 |
Quartix Holdings Plc - Net Assets Trend (2011–2024)
This chart illustrates how Quartix Holdings 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 Quartix Holdings Plc (2011–2024)
The table below shows the annual net assets of Quartix Holdings Plc from 2011 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | GBX19.60 Million | +19.90% |
| 2023-12-31 | GBX16.35 Million | -21.77% |
| 2022-12-31 | GBX20.90 Million | +4.26% |
| 2021-12-31 | GBX20.05 Million | -6.48% |
| 2020-12-31 | GBX21.43 Million | +19.20% |
| 2019-12-31 | GBX17.98 Million | -0.67% |
| 2018-12-31 | GBX18.10 Million | +7.71% |
| 2017-12-31 | GBX16.81 Million | -8.30% |
| 2016-12-31 | GBX18.33 Million | +20.61% |
| 2015-12-31 | GBX15.20 Million | +25.04% |
| 2014-12-31 | GBX12.15 Million | +14.02% |
| 2013-12-31 | GBX10.66 Million | -4.57% |
| 2012-12-31 | GBX11.17 Million | +18.59% |
| 2011-12-31 | GBX9.42 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Quartix Holdings 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 45838.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | GBX8.27 Million | 42.18% |
| Common Stock | GBX484.00K | 2.47% |
| Other Comprehensive Income | GBX4.52 Million | 23.04% |
| Other Components | GBX6.33 Million | 32.30% |
| Total Equity | GBX19.60 Million | 100.00% |
Quartix Holdings Plc Competitors by Market Cap
The table below lists competitors of Quartix Holdings Plc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Hopefield Ventures Two Inc.
V:HVII-P
|
$16.34K |
|
Appeninn Nyrt.
BUD:APPEN
|
$16.35K |
|
GreenOak Spain Holdings SOCIMI S.A.
MC:YGO2
|
$16.35K |
|
NTCO3F
SA:NTCO3F
|
$16.37K |
|
STANLEY
NSE:STANLEY
|
$16.32K |
|
Abou Kir Fertilizers
EGX:ABUK
|
$16.30K |
|
CPTL & COUNT PROP
BE:C20
|
$16.30K |
|
Idico Corporation JSC
VN:IDC
|
$16.27K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Quartix Holdings Plc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 16,349,000 to 19,602,000, a change of 3,253,000 (19.9%).
- Net income of 4,766,000 contributed positively to equity growth.
- Dividend payments of 1,452,000 reduced retained earnings.
- Other comprehensive income decreased equity by 243,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | GBX4.77 Million | +24.31% |
| Dividends Paid | GBX1.45 Million | -7.41% |
| Other Comprehensive Income | GBX-243.00K | -1.24% |
| Other Changes | GBX182.00K | +0.93% |
| Total Change | GBX- | 19.90% |
Book Value vs Market Value Analysis
This analysis compares Quartix Holdings 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: 606.30x
- 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 1208.02x to 606.30x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2011-12-31 | GBX0.20 | GBX244.00 | x |
| 2012-12-31 | GBX0.24 | GBX244.00 | x |
| 2013-12-31 | GBX0.23 | GBX244.00 | x |
| 2014-12-31 | GBX0.26 | GBX244.00 | x |
| 2015-12-31 | GBX0.32 | GBX244.00 | x |
| 2016-12-31 | GBX0.38 | GBX244.00 | x |
| 2017-12-31 | GBX0.35 | GBX244.00 | x |
| 2018-12-31 | GBX0.37 | GBX244.00 | x |
| 2019-12-31 | GBX0.37 | GBX244.00 | x |
| 2020-12-31 | GBX0.44 | GBX244.00 | x |
| 2021-12-31 | GBX0.41 | GBX244.00 | x |
| 2022-12-31 | GBX0.43 | GBX244.00 | x |
| 2023-12-31 | GBX0.34 | GBX244.00 | x |
| 2024-12-31 | GBX0.40 | GBX244.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Quartix Holdings 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): 24.31%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 14.71%
- • Asset Turnover: 1.06x
- • Equity Multiplier: 1.55x
- Recent ROE (24.31%) is below the historical average (25.84%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 12.89% | 18.00% | 0.41x | 1.75x | GBX272.00K |
| 2012 | 20.86% | 28.04% | 0.50x | 1.48x | GBX1.21 Million |
| 2013 | 36.24% | 29.31% | 0.78x | 1.60x | GBX2.80 Million |
| 2014 | 33.17% | 26.30% | 0.83x | 1.51x | GBX2.82 Million |
| 2015 | 32.99% | 25.48% | 0.91x | 1.43x | GBX3.49 Million |
| 2016 | 33.21% | 26.08% | 0.97x | 1.31x | GBX4.25 Million |
| 2017 | 34.64% | 23.75% | 0.94x | 1.55x | GBX4.14 Million |
| 2018 | 37.89% | 26.69% | 1.00x | 1.43x | GBX5.05 Million |
| 2019 | 30.09% | 21.12% | 0.96x | 1.49x | GBX3.61 Million |
| 2020 | 22.06% | 18.30% | 0.84x | 1.44x | GBX2.58 Million |
| 2021 | 24.86% | 19.54% | 0.89x | 1.42x | GBX2.98 Million |
| 2022 | 24.14% | 18.33% | 0.91x | 1.44x | GBX2.95 Million |
| 2023 | -5.55% | -3.04% | 1.02x | 1.79x | GBX-2.54 Million |
| 2024 | 24.31% | 14.71% | 1.06x | 1.55x | GBX2.81 Million |
Industry Comparison
This section compares Quartix Holdings Plc's net assets metrics with peer companies in the Scientific & Technical Instruments industry.
Industry Context
- Industry: Scientific & Technical Instruments
- Average net assets among peers: $12,402,725
- Average return on equity (ROE) among peers: -64.55%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Quartix Holdings Plc (QTX) | GBX21.04 Million | 12.89% | 0.52x | $16.32K |
| Judges Scientific Plc (JDG) | $24.08 Million | 3.22% | 1.19x | $34.04K |
| Ondo InsurTech PLC (ONDO) | $-3.34 Million | 0.00% | 0.00x | $2.92K |
| Oxford Instruments PLC (OXIG) | $62.50 Million | 4.32% | 1.79x | $168.94K |
| PipeHawk plc (PIP) | $-6.39 Million | 0.00% | 0.00x | $83.95 |
| SRT Marine Systems plc (SRT) | $466.00K | -404.08% | 2.96x | $27.55K |
| t42 IoT Tracking Solutions PLC (TRAC) | $4.37 Million | -64.51% | 0.92x | $240.33 |
| Trakm8 Holdings PLC (TRAK) | $5.13 Million | 9.19% | 1.46x | $562.45 |