Record PLC
Record plc, through its subsidiaries, provides currency and asset management services in the United Kingdom, North America, Switzerland, rest of Europe, Australia, and internationally. The company operates in two segments, Currency Management and Asset Management. It offers bespoke solutions, including passive hedging, dynamic hedging, hedging for asset managers, and FX alpha products. The compan… Read more
Record PLC (REC) - Net Assets
Latest net assets as of September 2025: GBX27.80 Million GBX
Based on the latest financial reports, Record PLC (REC) has net assets worth GBX27.80 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 (GBX41.12 Million) and total liabilities (GBX13.32 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 | GBX27.80 Million |
| % of Total Assets | 67.61% |
| Annual Growth Rate | 14.15% |
| 5-Year Change | 8.47% |
| 10-Year Change | -22.91% |
| Growth Volatility | 55.71 |
Record PLC - Net Assets Trend (2005–2025)
This chart illustrates how Record 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 Record PLC (2005–2025)
The table below shows the annual net assets of Record PLC from 2005 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | GBX29.07 Million | +0.40% |
| 2024-03-31 | GBX28.95 Million | +2.34% |
| 2023-03-31 | GBX28.29 Million | +9.11% |
| 2022-03-31 | GBX25.93 Million | -3.24% |
| 2021-03-31 | GBX26.80 Million | -4.84% |
| 2020-03-31 | GBX28.16 Million | +2.77% |
| 2019-03-31 | GBX27.40 Million | +3.20% |
| 2018-03-31 | GBX26.55 Million | -27.91% |
| 2017-03-31 | GBX36.83 Million | -2.33% |
| 2016-03-31 | GBX37.71 Million | +5.32% |
| 2015-03-31 | GBX35.80 Million | +8.80% |
| 2014-03-31 | GBX32.91 Million | +1.92% |
| 2013-03-31 | GBX32.29 Million | +12.83% |
| 2012-03-31 | GBX28.62 Million | -4.92% |
| 2011-03-31 | GBX30.10 Million | +17.11% |
| 2010-03-31 | GBX25.70 Million | -5.48% |
| 2009-03-31 | GBX27.19 Million | +46.59% |
| 2008-03-31 | GBX18.55 Million | +24.63% |
| 2007-03-31 | GBX14.88 Million | +230.73% |
| 2006-03-31 | GBX4.50 Million | +118.23% |
| 2005-03-31 | GBX2.06 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Record 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 1677.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | GBX27.13 Million | 93.36% |
| Common Stock | GBX50.00K | 0.17% |
| Other Components | GBX1.88 Million | 6.47% |
| Total Equity | GBX29.06 Million | 100.00% |
Record PLC Competitors by Market Cap
The table below lists competitors of Record PLC ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
PAVmed Inc. Series Z Warrant
NASDAQ:PAVMZ
|
$13.21K |
|
Pum Yang Construction Co. Ltd.
KQ:002410
|
$13.21K |
|
Lowell Resources Fund
AU:LRT
|
$13.22K |
|
Tiger Reef Inc
PINK:TGRR
|
$13.24K |
|
Acura Pharmaceuticals Inc
OTCQB:ACUR
|
$13.20K |
|
SDS Optic S.A.
WAR:SDS
|
$13.18K |
|
ELEKTROIMPORTOREN NK -05
F:9F9
|
$13.17K |
|
Inflection Point Acquisition Corp. II Warrant
NASDAQ:IPXXW
|
$13.16K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Record PLC's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 28,949,000 to 29,060,000, a change of 111,000 (0.4%).
- Net income of 9,105,000 contributed positively to equity growth.
- Dividend payments of 10,049,000 reduced retained earnings.
- Share repurchases of 325,000 reduced equity.
- Other comprehensive income decreased equity by 39,000.
- Other factors increased equity by 1,419,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | GBX9.11 Million | +31.33% |
| Dividends Paid | GBX10.05 Million | -34.58% |
| Share Repurchases | GBX325.00K | -1.12% |
| Other Comprehensive Income | GBX-39.00K | -0.13% |
| Other Changes | GBX1.42 Million | +4.88% |
| Total Change | GBX- | 0.38% |
Book Value vs Market Value Analysis
This analysis compares Record 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: 357.23x
- 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 5668.73x to 357.23x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-03-31 | GBX0.01 | GBX52.80 | x |
| 2006-03-31 | GBX0.02 | GBX52.80 | x |
| 2007-03-31 | GBX0.07 | GBX52.80 | x |
| 2008-03-31 | GBX0.08 | GBX52.80 | x |
| 2009-03-31 | GBX0.12 | GBX52.80 | x |
| 2010-03-31 | GBX0.12 | GBX52.80 | x |
| 2011-03-31 | GBX0.13 | GBX52.80 | x |
| 2012-03-31 | GBX0.12 | GBX52.80 | x |
| 2013-03-31 | GBX0.13 | GBX52.80 | x |
| 2014-03-31 | GBX0.13 | GBX52.80 | x |
| 2015-03-31 | GBX0.15 | GBX52.80 | x |
| 2016-03-31 | GBX0.15 | GBX52.80 | x |
| 2017-03-31 | GBX0.17 | GBX52.80 | x |
| 2018-03-31 | GBX0.13 | GBX52.80 | x |
| 2019-03-31 | GBX0.14 | GBX52.80 | x |
| 2020-03-31 | GBX0.14 | GBX52.80 | x |
| 2021-03-31 | GBX0.14 | GBX52.80 | x |
| 2022-03-31 | GBX0.13 | GBX52.80 | x |
| 2023-03-31 | GBX0.14 | GBX52.80 | x |
| 2024-03-31 | GBX0.15 | GBX52.80 | x |
| 2025-03-31 | GBX0.15 | GBX52.80 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Record 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): 31.33%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 21.88%
- • Asset Turnover: 0.98x
- • Equity Multiplier: 1.46x
- Recent ROE (31.33%) is below the historical average (39.86%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 44.03% | 16.65% | 1.78x | 1.49x | GBX701.80K |
| 2006 | 69.60% | 27.35% | 1.57x | 1.63x | GBX2.68 Million |
| 2007 | 95.04% | 40.13% | 1.66x | 1.43x | GBX12.66 Million |
| 2008 | 150.48% | 42.15% | 2.06x | 1.73x | GBX26.06 Million |
| 2009 | 70.89% | 41.19% | 1.23x | 1.40x | GBX16.56 Million |
| 2010 | 46.32% | 35.62% | 1.04x | 1.25x | GBX9.34 Million |
| 2011 | 30.56% | 31.59% | 0.78x | 1.24x | GBX5.99 Million |
| 2012 | 18.64% | 23.93% | 0.64x | 1.22x | GBX2.28 Million |
| 2013 | 15.13% | 23.36% | 0.52x | 1.25x | GBX1.47 Million |
| 2014 | 18.49% | 27.14% | 0.54x | 1.25x | GBX2.48 Million |
| 2015 | 18.11% | 27.46% | 0.52x | 1.26x | GBX2.59 Million |
| 2016 | 16.45% | 26.22% | 0.52x | 1.22x | GBX2.17 Million |
| 2017 | 17.15% | 27.52% | 0.50x | 1.23x | GBX2.63 Million |
| 2018 | 23.15% | 25.79% | 0.74x | 1.21x | GBX3.49 Million |
| 2019 | 23.52% | 25.75% | 0.74x | 1.23x | GBX3.70 Million |
| 2020 | 22.90% | 25.03% | 0.71x | 1.28x | GBX3.62 Million |
| 2021 | 19.97% | 21.02% | 0.77x | 1.23x | GBX2.67 Million |
| 2022 | 33.29% | 24.82% | 1.05x | 1.28x | GBX6.04 Million |
| 2023 | 40.08% | 25.25% | 1.22x | 1.30x | GBX8.51 Million |
| 2024 | 31.96% | 20.39% | 1.26x | 1.25x | GBX6.36 Million |
| 2025 | 31.33% | 21.88% | 0.98x | 1.46x | GBX6.20 Million |
Industry Comparison
This section compares Record PLC's net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $395,694,700
- Average return on equity (ROE) among peers: -81.73%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Record PLC (REC) | GBX27.80 Million | 44.03% | 0.48x | $13.21K |
| 3I Infrastructure PLC (3IN) | $1.09 Billion | 8.57% | 0.18x | $396.99K |
| 450 PLC (450) | $1.30 Million | -791.13% | 5.03x | $1.71K |
| abrdn Asian Income Fund Limited (AAIF) | $431.48 Million | 11.10% | 0.09x | $315.37 |
| Abrdn Asia Focus PLC (AAS) | $464.40 Million | -2.37% | 0.15x | $434.78 |
| Albion Technology & General VCT PLC (AATG) | $34.46 Million | 4.41% | 0.01x | $78.71 |
| Aberdeen Diversified Income and Growth Trust PLC (ADIG) | $492.42 Million | 0.00% | 0.32x | $16.61 |
| Aquila Energy Efficiency Trust PLC (AEET) | $97.38 Million | -0.64% | 0.00x | $2.38K |
| Aquila European Renewables Income PLC (AERI) | $320.23 Million | -9.29% | 0.00x | $2.45K |
| Artemis UK Future Leaders plc (AFL) | $84.35 Million | -40.52% | 0.02x | $401.26 |
| AVI Global Trust PLC (AGT) | $938.94 Million | 2.59% | 0.12x | $2.83 Million |