Record PLC Net Assets
Record PLC net assets. Based on the latest financial reports, Record PLC (REC) has net assets worth GBX27.81 Million GBX (≈ $3.38K USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX40.60 Million ≈ $4.94K USD) and total liabilities (GBX12.79 Million ≈ $1.56K 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. Also explore how fast is Record PLC growing its equity to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | GBX27.81 Million |
| % of Total Assets | 68.5% |
| Annual Growth Rate | 13.19% |
| 5-Year Change | 7.24% |
| 10-Year Change | -24.5% |
| Growth Volatility | 54.65 |
Net Assets of Record PLC (2005–2026)
Net assets of Record PLC from 2005 to 2026. This chart illustrates how Record PLC's net assets have evolved over time, based on quarterly financial data. See Record PLC net asset quality index to measure how much of total assets are equity-financed.
Annual Net Assets for Record PLC (2005–2026)
The table below shows the annual net assets of Record PLC from 2005 to 2026. For live market cap and overall valuation, see REC stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2026-03-31 | GBX27.81 Million ≈ $3.38K |
-4.34% |
| 2025-03-31 | GBX29.07 Million ≈ $3.54K |
+0.40% |
| 2024-03-31 | GBX28.95 Million ≈ $3.52K |
+2.34% |
| 2023-03-31 | GBX28.29 Million ≈ $3.44K |
+9.11% |
| 2022-03-31 | GBX25.93 Million ≈ $3.15K |
-3.24% |
| 2021-03-31 | GBX26.80 Million ≈ $3.26K |
-4.84% |
| 2020-03-31 | GBX28.16 Million ≈ $3.43K |
+2.77% |
| 2019-03-31 | GBX27.40 Million ≈ $3.33K |
+3.20% |
| 2018-03-31 | GBX26.55 Million ≈ $3.23K |
-27.91% |
| 2017-03-31 | GBX36.83 Million ≈ $4.48K |
-2.33% |
| 2016-03-31 | GBX37.71 Million ≈ $4.59K |
+5.32% |
| 2015-03-31 | GBX35.80 Million ≈ $4.36K |
+8.80% |
| 2014-03-31 | GBX32.91 Million ≈ $4.00K |
+1.92% |
| 2013-03-31 | GBX32.29 Million ≈ $3.93K |
+12.83% |
| 2012-03-31 | GBX28.62 Million ≈ $3.48K |
-4.92% |
| 2011-03-31 | GBX30.10 Million ≈ $3.66K |
+17.11% |
| 2010-03-31 | GBX25.70 Million ≈ $3.13K |
-5.48% |
| 2009-03-31 | GBX27.19 Million ≈ $3.31K |
+46.59% |
| 2008-03-31 | GBX18.55 Million ≈ $2.26K |
+24.63% |
| 2007-03-31 | GBX14.88 Million ≈ $1.81K |
+230.73% |
| 2006-03-31 | GBX4.50 Million ≈ $547.52 |
+118.23% |
| 2005-03-31 | GBX2.06 Million ≈ $250.89 |
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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 1559.0% over the analyzed period, indicating profitable operations and earnings retention.
Record PLC Net Assets Breakdown (March 2026)
Record PLC net assets breakdown by equity component as of March 2026.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | GBX25.32 Million | 93.07% |
| Common Stock | GBX50.00K | 0.18% |
| Other Comprehensive Income | GBX25.00K | 0.09% |
| Other Components | GBX1.81 Million | 6.65% |
| Total Equity | GBX27.20 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 |
|---|---|
|
Allergy Therapeutics
LSE:AGY
|
$1.12 Million |
|
Imalliance SA
PA:MLIML
|
$1.12 Million |
|
Altai Resources Inc.
V:ATI
|
$1.12 Million |
|
NCL International Logistics Public Company Limited
BK:NCL
|
$1.12 Million |
|
COPPERCORP RESOURCES INC.
F:NU0
|
$1.11 Million |
|
INCUVO S.A. ZY -50
F:68X
|
$1.11 Million |
|
GGX Gold Corp
V:GGX
|
$1.11 Million |
|
MultiMetaVerse Holdings Limited
NASDAQ:MMV
|
$1.11 Million |
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 2025 to 2026, total equity changed from 29,060,000 to 27,201,000, a change of -1,859,000 (-6.4%).
- Net income of 7,657,000 contributed positively to equity growth.
- Dividend payments of 9,078,000 reduced retained earnings.
- Other comprehensive income decreased equity by 45,001.
- Other factors decreased equity by 392,999.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | GBX7.66 Million | +28.15% |
| Dividends Paid | GBX9.08 Million | -33.37% |
| Other Comprehensive Income | GBX-45.00K | -0.17% |
| Other Changes | GBX-393.00K | -1.44% |
| Total Change | GBX- | -6.40% |
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: 345.19x
- 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 5046.03x to 345.19x 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 | GBX47.00 | x |
| 2006-03-31 | GBX0.02 | GBX47.00 | x |
| 2007-03-31 | GBX0.07 | GBX47.00 | x |
| 2008-03-31 | GBX0.08 | GBX47.00 | x |
| 2009-03-31 | GBX0.12 | GBX47.00 | x |
| 2010-03-31 | GBX0.12 | GBX47.00 | x |
| 2011-03-31 | GBX0.13 | GBX47.00 | x |
| 2012-03-31 | GBX0.12 | GBX47.00 | x |
| 2013-03-31 | GBX0.13 | GBX47.00 | x |
| 2014-03-31 | GBX0.13 | GBX47.00 | x |
| 2015-03-31 | GBX0.15 | GBX47.00 | x |
| 2016-03-31 | GBX0.15 | GBX47.00 | x |
| 2017-03-31 | GBX0.17 | GBX47.00 | x |
| 2018-03-31 | GBX0.13 | GBX47.00 | x |
| 2019-03-31 | GBX0.14 | GBX47.00 | x |
| 2020-03-31 | GBX0.14 | GBX47.00 | x |
| 2021-03-31 | GBX0.14 | GBX47.00 | x |
| 2022-03-31 | GBX0.13 | GBX47.00 | x |
| 2023-03-31 | GBX0.14 | GBX47.00 | x |
| 2024-03-31 | GBX0.15 | GBX47.00 | x |
| 2025-03-31 | GBX0.15 | GBX47.00 | x |
| 2026-03-31 | GBX0.14 | GBX47.00 | 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): 28.15%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 18.89%
- • Asset Turnover: 1.00x
- • Equity Multiplier: 1.49x
- Recent ROE (28.15%) is below the historical average (39.33%), 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 |
| 2026 | 28.15% | 18.89% | 1.00x | 1.49x | GBX4.94 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: $779,959,000
- Average return on equity (ROE) among peers: 9.61%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Record PLC (REC) | GBX27.81 Million | 44.03% | 0.46x | $1.12 Million |
| 3I Infrastructure PLC (3IN) | $1.05 Billion | 8.61% | 0.19x | $44.33 Million |
| Albion Enterprise VCT PLC (AAEV) | $34.66 Million | 4.31% | 0.01x | $3.20 Million |
| abrdn Asian Income Fund Limited (AAIF) | $134.84 Million | 12.81% | 0.12x | $4.98 Million |
| Abrdn Asia Focus PLC (AAS) | $441.01 Million | 6.12% | 0.13x | $6.75 Million |
| Albion Technology & General VCT PLC (AATG) | $127.32 Million | 3.41% | 0.01x | $3.06 Million |
| Abrdn PLC (ABDN) | $5.04 Billion | 4.70% | 0.53x | $48.69 Million |
| Aberdeen Diversified Income and Growth Trust PLC (ADIG) | $382.54 Million | 14.91% | 0.21x | $450.86K |
| Aquila Energy Efficiency Trust PLC (AEET) | $94.28 Million | 0.32% | 0.01x | $217.99K |
| Aquila European Renewables Income PLC (AERI) | $417.44 Million | 6.38% | 0.01x | $64.28 Million |
| Artemis UK Future Leaders plc (AFL) | $80.20 Million | 34.52% | 0.07x | $464.11 |
About 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 risk management solutions, including passive hedging, enhanced passive hedging, and dynamic hedging; FX alpha and custom opp… Read more