RBG Holdings PLC
RBG Holdings plc provides legal and professional services to companies, banks, entrepreneurs, and individuals in the United Kingdom, Europe, North America, and internationally. The company offers legal services in respect of commercial disputes, including claims for breach of contract, negligence, commercial fraud, shareholder, and company disputes, as well as cross-border insolvency services; an… Read more
RBG Holdings PLC (RBGP) - Net Assets
Latest net assets as of June 2024: GBX26.15 Million GBX
Based on the latest financial reports, RBG Holdings PLC (RBGP) has net assets worth GBX26.15 Million GBX as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX77.41 Million) and total liabilities (GBX51.26 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 | GBX26.15 Million |
| % of Total Assets | 33.79% |
| Annual Growth Rate | N/A |
| 5-Year Change | -33.46% |
| 10-Year Change | N/A |
| Growth Volatility | 29.38 |
RBG Holdings PLC - Net Assets Trend (2015–2023)
This chart illustrates how RBG 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 RBG Holdings PLC (2015–2023)
The table below shows the annual net assets of RBG Holdings PLC from 2015 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | GBX28.22 Million | -54.06% |
| 2022-12-31 | GBX61.42 Million | +0.98% |
| 2021-12-31 | GBX60.82 Million | +28.72% |
| 2020-12-31 | GBX47.25 Million | +11.42% |
| 2019-12-31 | GBX42.41 Million | +21.22% |
| 2018-12-31 | GBX34.98 Million | -- |
| 2017-12-31 | GBX0.00 | -- |
| 2016-12-31 | GBX0.00 | -- |
| 2015-12-31 | GBX0.00 | -- |
Equity Component Analysis
This analysis shows how different components contribute to RBG 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 decreased by 1018.6% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | GBX190.66K | 0.68% |
| Other Components | GBX49.23 Million | 174.47% |
| Total Equity | GBX28.22 Million | 100.00% |
RBG Holdings PLC Competitors by Market Cap
The table below lists competitors of RBG Holdings PLC ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
ECONET WIRELESS HOLDINGS LIMITED
XZIM:ECO
|
$139.57 |
|
CT Global Managed Portfolio Trust PLC
LSE:CMPI
|
$139.62 |
|
SUCCESS UNIVERSE GR
BE:LRG
|
$139.70 |
|
First Dawood Prop
KAR:FDPL
|
$140.41 |
|
Arabia Investments Holding
EGX:AIH
|
$139.15 |
|
UMC Inc
PINK:UMCN
|
$138.99 |
|
PREMIER PAINTS PLC
XNSA:PREMPAINTS
|
$138.94 |
|
Real Estate Credit Investments Limited
LSE:RECI
|
$138.86 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in RBG Holdings PLC's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 61,419,738 to 28,217,858, a change of -33,201,880 (-54.1%).
- Net loss of 23,918,940 reduced equity.
- Dividend payments of 471,702 reduced retained earnings.
- Other factors decreased equity by 8,811,238.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | GBX-23.92 Million | -84.77% |
| Dividends Paid | GBX471.70K | -1.67% |
| Other Changes | GBX-8.81 Million | -31.23% |
| Total Change | GBX- | -54.06% |
Book Value vs Market Value Analysis
This analysis compares RBG 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: 3.01x
- 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 1.53x to 3.01x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-12-31 | GBX0.58 | GBX0.89 | x |
| 2019-12-31 | GBX0.52 | GBX0.89 | x |
| 2020-12-31 | GBX0.55 | GBX0.89 | x |
| 2021-12-31 | GBX0.66 | GBX0.89 | x |
| 2022-12-31 | GBX0.64 | GBX0.89 | x |
| 2023-12-31 | GBX0.30 | GBX0.89 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently RBG 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): -84.77%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -61.00%
- • Asset Turnover: 0.49x
- • Equity Multiplier: 2.83x
- Recent ROE (-84.77%) is below the historical average (-4.35%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | 6.60% | 18.42% | 0.33x | 1.08x | GBX-1.19 Million |
| 2019 | 14.56% | 30.97% | 0.35x | 1.36x | GBX1.94 Million |
| 2020 | 13.26% | 27.78% | 0.32x | 1.47x | GBX1.53 Million |
| 2021 | 11.52% | 16.61% | 0.38x | 1.81x | GBX919.21K |
| 2022 | 12.70% | 15.51% | 0.43x | 1.92x | GBX1.66 Million |
| 2023 | -84.77% | -61.00% | 0.49x | 2.83x | GBX-26.74 Million |
Industry Comparison
This section compares RBG Holdings PLC's net assets metrics with peer companies in the Specialty Business Services industry.
Industry Context
- Industry: Specialty Business Services
- Average net assets among peers: $23,837,787
- Average return on equity (ROE) among peers: 25.66%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| RBG Holdings PLC (RBGP) | GBX26.15 Million | 6.60% | 1.96x | $139.34 |
| CPPGroup Plc (CPP) | $10.02 Million | 208.06% | 5.12x | $815.98 |
| Christie Group plc (CTG) | $2.09 Million | -29.79% | 1.95x | $3.20K |
| DSW Capital PLC (DSW) | $7.99 Million | -4.18% | 0.13x | $1.76K |
| Franchise Brands PLC (FRAN) | $24.44 Million | 9.54% | 0.71x | $30.45K |
| GenIP PLC (GNIP) | $1.27 Million | -69.71% | 0.28x | $415.62 |
| Inspired Plc (INSE) | $14.87 Million | 22.87% | 1.36x | $16.11K |
| Keystone Law Group PLC (KEYS) | $16.59 Million | 26.10% | 1.01x | $24.23K |
| Knights Group Holdings plc (KGH) | $92.81 Million | 8.56% | 1.29x | $18.21K |
| Mha Ltd (MHA) | $50.86 Million | 86.50% | 1.02x | $43.59K |
| Mind Gym Ltd (MIND) | $17.45 Million | -1.33% | 0.98x | $1.77K |