Redcentric
Redcentric plc provides IT managed services for public sector and commercial markets in the United Kingdom. It provides hosted IP telephony, unified communications, collaboration, SIP trunks, omnichannel contact centre, call management and reporting, and call recording; cloud consultancy, infrastructure as a service (Iaas), Microsoft Azure solutions, AWS consultancy, hybrid cloud, cloud immigrati… Read more
Redcentric (RCN) - Net Assets
Latest net assets as of September 2025: GBX54.30 Million GBX
Based on the latest financial reports, Redcentric (RCN) has net assets worth GBX54.30 Million GBX as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX179.94 Million) and total liabilities (GBX125.64 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 | GBX54.30 Million |
| % of Total Assets | 30.18% |
| Annual Growth Rate | N/A |
| 5-Year Change | -25.85% |
| 10-Year Change | -34.56% |
| Growth Volatility | 49.77 |
Redcentric - Net Assets Trend (2009–2025)
This chart illustrates how Redcentric's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Redcentric (2009–2025)
The table below shows the annual net assets of Redcentric from 2009 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | GBX53.45 Million | -1.89% |
| 2024-03-31 | GBX54.48 Million | -6.37% |
| 2023-03-31 | GBX58.19 Million | -19.01% |
| 2022-03-31 | GBX71.85 Million | -0.34% |
| 2021-03-31 | GBX72.09 Million | +20.55% |
| 2020-03-31 | GBX59.80 Million | -20.95% |
| 2019-03-31 | GBX75.64 Million | -2.92% |
| 2018-03-31 | GBX77.92 Million | +1.55% |
| 2017-03-31 | GBX76.73 Million | -6.07% |
| 2016-03-31 | GBX81.69 Million | -13.77% |
| 2015-03-31 | GBX94.74 Million | +8.14% |
| 2014-03-31 | GBX87.61 Million | +2928.71% |
| 2012-05-31 | GBX-3.10 Million | -122.13% |
| 2012-03-31 | GBX14.00 Million | +720.94% |
| 2011-05-31 | GBX-2.25 Million | -117.74% |
| 2011-03-31 | GBX12.71 Million | +583.97% |
| 2010-05-31 | GBX-2.63 Million | -127.44% |
| 2010-03-31 | GBX9.57 Million | +339.63% |
| 2009-05-31 | GBX-3.99 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Redcentric'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 835900000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | GBX159.00K | 0.30% |
| Other Comprehensive Income | GBX-9.70 Million | -18.14% |
| Other Components | GBX75.35 Million | 140.96% |
| Total Equity | GBX53.45 Million | 100.00% |
Redcentric Competitors by Market Cap
The table below lists competitors of Redcentric ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Nulegacy Gold Corporation
PINK:NULGF
|
$23.37K |
|
Predictiv AI Inc
PINK:INOTF
|
$23.37K |
|
GEODRILL NPV
BE:7GD
|
$23.39K |
|
SATS (W1J.SG)
STU:W1J
|
$23.41K |
|
Vertu Motors Plc
LSE:VTU
|
$23.33K |
|
AURIZON HLDGS
MU:QRL
|
$23.33K |
|
Dotstay S.P.A
F:F6P
|
$23.32K |
|
SeqLL Inc. Warrant
NASDAQ:SQLLW
|
$23.31K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Redcentric's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 54,483,000 to 53,454,000, a change of -1,029,000 (-1.9%).
- Net income of 3,488,000 contributed positively to equity growth.
- Dividend payments of 5,705,000 reduced retained earnings.
- New share issuances of 387,000 increased equity.
- Other comprehensive income decreased equity by 245,000.
- Other factors increased equity by 1,046,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | GBX3.49 Million | +6.53% |
| Dividends Paid | GBX5.71 Million | -10.67% |
| Share Issuances | GBX387.00K | +0.72% |
| Other Comprehensive Income | GBX-245.00K | -0.46% |
| Other Changes | GBX1.05 Million | +1.96% |
| Total Change | GBX- | -1.89% |
Book Value vs Market Value Analysis
This analysis compares Redcentric'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: 274.37x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2010-05-31 | GBX-0.04 | GBX116.00 | x |
| 2011-05-31 | GBX-0.04 | GBX116.00 | x |
| 2012-05-31 | GBX-0.05 | GBX116.00 | x |
| 2014-03-31 | GBX0.96 | GBX116.00 | x |
| 2015-03-31 | GBX0.63 | GBX116.00 | x |
| 2016-03-31 | GBX0.56 | GBX116.00 | x |
| 2017-03-31 | GBX0.52 | GBX116.00 | x |
| 2018-03-31 | GBX0.52 | GBX116.00 | x |
| 2019-03-31 | GBX0.51 | GBX116.00 | x |
| 2020-03-31 | GBX0.40 | GBX116.00 | x |
| 2021-03-31 | GBX0.46 | GBX116.00 | x |
| 2022-03-31 | GBX0.45 | GBX116.00 | x |
| 2023-03-31 | GBX0.37 | GBX116.00 | x |
| 2024-03-31 | GBX0.35 | GBX116.00 | x |
| 2025-03-31 | GBX0.42 | GBX116.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Redcentric 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): 6.53%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.58%
- • Asset Turnover: 0.78x
- • Equity Multiplier: 3.24x
- Recent ROE (6.53%) is above the historical average (-0.75%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2010 | 0.00% | 4.32% | 2.17x | 0.00x | GBX1.47 Million |
| 2011 | 0.00% | 0.97% | 2.89x | 0.00x | GBX484.40K |
| 2012 | 0.00% | -2.78% | 2.58x | 0.00x | GBX-348.30K |
| 2014 | 1.77% | 3.11% | 0.37x | 1.55x | GBX-7.21 Million |
| 2015 | 8.42% | 8.46% | 0.74x | 1.35x | GBX-1.50 Million |
| 2016 | -5.14% | -4.10% | 0.67x | 1.86x | GBX-12.36 Million |
| 2017 | -3.10% | -2.27% | 0.74x | 1.84x | GBX-10.05 Million |
| 2018 | 0.66% | 0.51% | 0.74x | 1.74x | GBX-7.28 Million |
| 2019 | -2.60% | -2.11% | 0.75x | 1.64x | GBX-9.53 Million |
| 2020 | -17.73% | -12.12% | 0.62x | 2.37x | GBX-16.58 Million |
| 2021 | 12.50% | 9.86% | 0.75x | 1.70x | GBX1.80 Million |
| 2022 | 9.66% | 7.44% | 0.76x | 1.71x | GBX-244.80K |
| 2023 | -15.90% | -6.53% | 0.72x | 3.36x | GBX-15.07 Million |
| 2024 | -6.32% | -2.11% | 0.88x | 3.39x | GBX-8.89 Million |
| 2025 | 6.53% | 2.58% | 0.78x | 3.24x | GBX-1.86 Million |
Industry Comparison
This section compares Redcentric's net assets metrics with peer companies in the Information Technology Services industry.
Industry Context
- Industry: Information Technology Services
- Average net assets among peers: $24,648,972
- Average return on equity (ROE) among peers: -529.56%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Redcentric (RCN) | GBX54.30 Million | 0.00% | 2.31x | $23.36K |
| Computacenter PLC (CCC) | $120.82 Million | 35.83% | 2.90x | $407.06K |
| Eckoh Plc (ECK) | $17.18 Million | 5.50% | 1.38x | $20.49K |
| GSTechnologies Ltd (GST) | $1.82 Million | -26.86% | 1.53x | $961.86 |
| K3 Business Technology Group PLC (KBT) | $32.64 Million | -12.52% | 0.63x | $3.90K |
| Mobilityone Ltd (MBO) | $4.84 Million | 31.47% | 1.59x | $743.68 |
| Merit Group PLC (MRIT) | $29.33 Million | -4.39% | 0.27x | $728.69 |
| Made Tech Group PLC (MTEC) | $14.79 Million | -2.08% | 0.43x | $5.04K |
| The Panoply Holdings plc (TPX) | $10.00K | -4800.00% | 15.70x | $4.17K |
| Triad Group PLC (TRD) | $398.00K | 7.04% | 7.98x | $6.36K |