Rockhopper Exploration
Rockhopper Exploration plc, an oil and gas exploration and production company, engages in the exploration, appraisal, and development of oil and gas acreage primarily in the Falkland Islands. The company was incorporated in 2004 and is headquartered in Wiltshire, the United Kingdom.
Rockhopper Exploration (RKH) - Net Assets
Latest net assets as of June 2025: GBX146.22 Million GBX
Based on the latest financial reports, Rockhopper Exploration (RKH) has net assets worth GBX146.22 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 (GBX260.28 Million) and total liabilities (GBX114.05 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 | GBX146.22 Million |
| % of Total Assets | 56.18% |
| Annual Growth Rate | 26.04% |
| 5-Year Change | 54.69% |
| 10-Year Change | -5.28% |
| Growth Volatility | 297.95 |
Rockhopper Exploration - Net Assets Trend (2005–2024)
This chart illustrates how Rockhopper Exploration's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Rockhopper Exploration (2005–2024)
The table below shows the annual net assets of Rockhopper Exploration from 2005 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | GBX248.38 Million | +24.11% |
| 2023-12-31 | GBX200.12 Million | -0.17% |
| 2022-12-31 | GBX200.47 Million | +29.73% |
| 2021-12-31 | GBX154.52 Million | -3.77% |
| 2020-12-31 | GBX160.57 Million | -59.46% |
| 2019-12-31 | GBX396.11 Million | -4.63% |
| 2018-12-31 | GBX415.34 Million | -1.25% |
| 2017-12-31 | GBX420.60 Million | -19.14% |
| 2016-12-31 | GBX520.17 Million | +98.36% |
| 2015-12-31 | GBX262.23 Million | +2.82% |
| 2014-12-31 | GBX255.04 Million | +0.23% |
| 2014-03-31 | GBX254.46 Million | -23.33% |
| 2013-03-31 | GBX331.90 Million | -18.29% |
| 2012-03-31 | GBX406.21 Million | +4.60% |
| 2011-03-31 | GBX388.35 Million | +388.20% |
| 2010-03-31 | GBX79.55 Million | +1018.19% |
| 2009-03-31 | GBX7.11 Million | -75.00% |
| 2008-03-31 | GBX28.46 Million | -3.21% |
| 2007-03-31 | GBX29.40 Million | +13.39% |
| 2006-03-31 | GBX25.93 Million | +909.02% |
| 2005-03-31 | GBX2.57 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Rockhopper Exploration'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 1700058533.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | GBX9.46 Million | 3.81% |
| Other Components | GBX256.34 Million | 103.21% |
| Total Equity | GBX248.38 Million | 100.00% |
Rockhopper Exploration Competitors by Market Cap
The table below lists competitors of Rockhopper Exploration ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
PennantPark Floating Rate Capital Ltd
NYSE:PFLT
|
$75.45K |
|
BLPX39
SA:BLPX39
|
$75.48K |
|
FOCUS SYSTEMS
MU:FSM
|
$75.50K |
|
PRS Reit PLC
LSE:PRSR
|
$75.52K |
|
TERRITORIAL BNC (9TB.SG)
STU:9TB
|
$75.28K |
|
Encavis AG
PINK:ENCVF
|
$75.25K |
|
ISCJ11
SA:ISCJ11
|
$75.23K |
|
CTT CORREIOS PORT
BE:C7T
|
$75.23K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Rockhopper Exploration's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 200,120,000 to 248,377,000, a change of 48,257,000 (24.1%).
- Net income of 47,612,000 contributed positively to equity growth.
- New share issuances of 2,213,000 increased equity.
- Other comprehensive income decreased equity by 245,777,000.
- Other factors increased equity by 244,209,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | GBX47.61 Million | +19.17% |
| Share Issuances | GBX2.21 Million | +0.89% |
| Other Comprehensive Income | GBX-245.78 Million | -98.95% |
| Other Changes | GBX244.21 Million | +98.32% |
| Total Change | GBX- | 24.11% |
Book Value vs Market Value Analysis
This analysis compares Rockhopper Exploration'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: 185.39x
- 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 1967.26x to 185.39x 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 | GBX0.04 | GBX70.40 | x |
| 2006-03-31 | GBX0.44 | GBX70.40 | x |
| 2007-03-31 | GBX0.41 | GBX70.40 | x |
| 2008-03-31 | GBX0.38 | GBX70.40 | x |
| 2009-03-31 | GBX0.09 | GBX70.40 | x |
| 2010-03-31 | GBX0.69 | GBX70.40 | x |
| 2011-03-31 | GBX1.81 | GBX70.40 | x |
| 2012-03-31 | GBX1.50 | GBX70.40 | x |
| 2013-03-31 | GBX1.17 | GBX70.40 | x |
| 2014-03-31 | GBX0.90 | GBX70.40 | x |
| 2014-12-31 | GBX0.88 | GBX70.40 | x |
| 2015-12-31 | GBX0.89 | GBX70.40 | x |
| 2016-12-31 | GBX0.96 | GBX70.40 | x |
| 2017-12-31 | GBX0.92 | GBX70.40 | x |
| 2018-12-31 | GBX0.91 | GBX70.40 | x |
| 2019-12-31 | GBX0.87 | GBX70.40 | x |
| 2020-12-31 | GBX0.35 | GBX70.40 | x |
| 2021-12-31 | GBX0.34 | GBX70.40 | x |
| 2022-12-31 | GBX0.38 | GBX70.40 | x |
| 2023-12-31 | GBX0.34 | GBX70.40 | x |
| 2024-12-31 | GBX0.38 | GBX70.40 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Rockhopper Exploration 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): 19.17%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.43x
- Recent ROE (19.17%) is above the historical average (-14.16%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | -8.68% | 0.00% | 0.00x | 1.08x | GBX-480.01K |
| 2006 | -4.71% | 0.00% | 0.00x | 1.00x | GBX-3.82 Million |
| 2007 | -4.81% | 0.00% | 0.00x | 1.05x | GBX-4.35 Million |
| 2008 | -5.17% | 0.00% | 0.00x | 1.04x | GBX-4.32 Million |
| 2009 | -72.28% | 0.00% | 0.00x | 1.16x | GBX-5.85 Million |
| 2010 | -9.67% | 0.00% | 0.00x | 1.01x | GBX-15.65 Million |
| 2011 | -22.45% | 0.00% | 0.00x | 1.03x | GBX-126.02 Million |
| 2012 | -13.24% | 0.00% | 0.00x | 1.02x | GBX-94.40 Million |
| 2013 | -22.67% | -1262.87% | 0.01x | 1.36x | GBX-108.43 Million |
| 2014 | -30.76% | 0.00% | 0.00x | 1.59x | GBX-103.72 Million |
| 2014 | -3.97% | -397.28% | 0.01x | 1.71x | GBX-35.62 Million |
| 2015 | 4.08% | 269.74% | 0.01x | 1.52x | GBX-15.53 Million |
| 2016 | 22.96% | 1321.88% | 0.01x | 1.30x | GBX55.34 Million |
| 2017 | -1.46% | -59.02% | 0.02x | 1.26x | GBX-48.20 Million |
| 2018 | -1.72% | -67.40% | 0.02x | 1.26x | GBX-48.67 Million |
| 2019 | -5.21% | -199.76% | 0.02x | 1.29x | GBX-60.24 Million |
| 2020 | -147.29% | -8587.65% | 0.01x | 1.63x | GBX-252.56 Million |
| 2021 | -5.02% | -924.79% | 0.00x | 1.67x | GBX-23.21 Million |
| 2022 | 17.73% | 5451.69% | 0.00x | 1.32x | GBX15.50 Million |
| 2023 | -2.27% | 0.00% | 0.00x | 1.34x | GBX-24.56 Million |
| 2024 | 19.17% | 0.00% | 0.00x | 1.43x | GBX22.77 Million |
Industry Comparison
This section compares Rockhopper Exploration's net assets metrics with peer companies in the Oil & Gas E&P industry.
Industry Context
- Industry: Oil & Gas E&P
- Average net assets among peers: $60,597,583
- Average return on equity (ROE) among peers: 3.48%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Rockhopper Exploration (RKH) | GBX146.22 Million | -8.68% | 0.78x | $75.40K |
| Afentra PLC (AET) | $278.27 Million | -0.81% | 1.23x | $17.50K |
| Angus Energy PLC (ANGS) | $152.00K | 100.00% | 8.59x | $1.29K |
| Ascent Resources plc (AST) | $-378.00K | 0.00% | 0.00x | $320.65 |
| Beacon Energy PLC (BCE) | $-300.00K | 0.00% | 0.00x | $87.84 |
| Block Energy PLC (BLOE) | $29.69 Million | -18.56% | 0.15x | $1.33K |
| Buccaneer Energy plc. (BUCE) | $-599.00K | 0.00% | 0.00x | $241.65 |
| Cadogan Petroleum plc (CAD) | $297.93 Million | -11.82% | 0.03x | $1.37K |
| Challenger Energy Group PLC (CEG) | $5.74 Million | -27.08% | 0.05x | $3.31K |
| Clontarf Energy Plc (CLON) | $2.87 Million | -6.95% | 0.33x | $229.28 |
| Coro Energy PLC (CORO) | $-7.40 Million | 0.00% | 0.00x | $470.51 |