RM Plc (RM) - Net Assets
Based on the latest financial reports, RM Plc (RM) has net assets worth GBX31.90 Million GBX (≈ $3.88K USD) as of May 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX156.29 Million ≈ $19.02K USD) and total liabilities (GBX124.39 Million ≈ $15.13K 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. Check RM Plc strategic capital allocation to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | GBX31.90 Million |
| % of Total Assets | 20.41% |
| Annual Growth Rate | 3.02% |
| 5-Year Change | -64.66% |
| 10-Year Change | 296.69% |
| Growth Volatility | 62.84 |
RM Plc - Net Assets Trend (1992–2025)
This chart illustrates how RM Plc's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see RM stock market capitalisation.
Annual Net Assets for RM Plc (1992–2025)
The table below shows the annual net assets of RM Plc from 1992 to 2025. Also explore RM net assets growth trend to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-11-30 | GBX30.93 Million ≈ $3.76K |
+80.76% |
| 2024-11-30 | GBX17.11 Million ≈ $2.08K |
-4.03% |
| 2023-11-30 | GBX17.83 Million ≈ $2.17K |
-70.60% |
| 2022-11-30 | GBX60.64 Million ≈ $7.38K |
-30.69% |
| 2021-11-30 | GBX87.50 Million ≈ $10.65K |
+57.99% |
| 2020-11-30 | GBX55.38 Million ≈ $6.74K |
-7.03% |
| 2019-11-30 | GBX59.58 Million ≈ $7.25K |
+8.33% |
| 2018-11-30 | GBX54.99 Million ≈ $6.69K |
+84.07% |
| 2017-11-30 | GBX29.88 Million ≈ $3.63K |
+283.21% |
| 2016-11-30 | GBX7.80 Million ≈ $948.55 |
-59.28% |
| 2015-11-30 | GBX19.15 Million ≈ $2.33K |
+135.97% |
| 2014-11-30 | GBX8.11 Million ≈ $987.24 |
-72.04% |
| 2013-11-30 | GBX29.02 Million ≈ $3.53K |
+15.03% |
| 2012-11-30 | GBX25.23 Million ≈ $3.07K |
-11.52% |
| 2011-11-30 | GBX28.52 Million ≈ $3.47K |
-56.89% |
| 2010-09-30 | GBX66.14 Million ≈ $8.05K |
+8.75% |
| 2009-09-30 | GBX60.82 Million ≈ $7.40K |
-3.89% |
| 2008-09-30 | GBX63.29 Million ≈ $7.70K |
+9.28% |
| 2007-09-30 | GBX57.91 Million ≈ $7.05K |
+36.99% |
| 2006-09-30 | GBX42.27 Million ≈ $5.14K |
+10.53% |
| 2005-09-30 | GBX38.25 Million ≈ $4.65K |
-5.80% |
| 2004-09-30 | GBX40.60 Million ≈ $4.94K |
-3.05% |
| 2003-09-30 | GBX41.88 Million ≈ $5.10K |
+2.00% |
| 2002-09-30 | GBX41.06 Million ≈ $5.00K |
-22.57% |
| 2001-09-30 | GBX53.02 Million ≈ $6.45K |
+17.49% |
| 2000-09-30 | GBX45.13 Million ≈ $5.49K |
+23.50% |
| 1999-09-30 | GBX36.54 Million ≈ $4.45K |
+24.75% |
| 1998-09-30 | GBX29.29 Million ≈ $3.56K |
+22.10% |
| 1997-09-30 | GBX23.99 Million ≈ $2.92K |
+20.89% |
| 1996-09-30 | GBX19.84 Million ≈ $2.41K |
+20.90% |
| 1995-09-30 | GBX16.41 Million ≈ $2.00K |
+10.65% |
| 1994-09-30 | GBX14.83 Million ≈ $1.80K |
+17.06% |
| 1993-09-30 | GBX12.67 Million ≈ $1.54K |
+10.05% |
| 1992-09-30 | GBX11.52 Million ≈ $1.40K |
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Equity Component Analysis
This analysis shows how different components contribute to RM 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 290.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (November 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | GBX2.24 Million | 7.25% |
| Other Comprehensive Income | GBX-997.00K | -3.22% |
| Other Components | GBX39.01 Million | 126.15% |
| Total Equity | GBX30.93 Million | 100.00% |
RM Plc Competitors by Market Cap
The table below lists competitors of RM Plc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
New Star Investment Trust plc
LSE:NSI
|
$1.23 Million |
|
GLOBAL HELIUM CORP.
F:5P0
|
$1.23 Million |
|
Sagalio Energy Ltd
AU:SAN
|
$1.23 Million |
|
ARC MINERALS LTD
F:DFYA
|
$1.23 Million |
|
Value Management & Research AG
F:VMR1
|
$1.22 Million |
|
Diamcor Mining
V:DMI
|
$1.22 Million |
|
Arctic Blue Beverages AB
ST:ARCTIC
|
$1.22 Million |
|
Team Internet Group PLC
LSE:TIG
|
$1.22 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in RM Plc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 17,109,000 to 30,926,000, a change of 13,817,000 (80.8%).
- Net income of 2,194,000 contributed positively to equity growth.
- Share repurchases of 797,000 reduced equity.
- New share issuances of 13,500,000 increased equity.
- Other comprehensive income decreased equity by 291,001.
- Other factors decreased equity by 788,999.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | GBX2.19 Million | +7.09% |
| Share Repurchases | GBX797.00K | -2.58% |
| Share Issuances | GBX13.50 Million | +43.65% |
| Other Comprehensive Income | GBX-291.00K | -0.94% |
| Other Changes | GBX-789.00K | -2.55% |
| Total Change | GBX- | 80.76% |
Book Value vs Market Value Analysis
This analysis compares RM 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: 287.67x
- 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 593.74x to 287.67x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1992-09-30 | GBX0.17 | GBX103.00 | x |
| 1993-09-30 | GBX0.19 | GBX103.00 | x |
| 1994-09-30 | GBX0.19 | GBX103.00 | x |
| 1995-09-30 | GBX0.21 | GBX103.00 | x |
| 1996-09-30 | GBX0.25 | GBX103.00 | x |
| 1997-09-30 | GBX0.29 | GBX103.00 | x |
| 1998-09-30 | GBX0.36 | GBX103.00 | x |
| 1999-09-30 | GBX0.44 | GBX103.00 | x |
| 2000-09-30 | GBX0.54 | GBX103.00 | x |
| 2001-09-30 | GBX0.64 | GBX103.00 | x |
| 2002-09-30 | GBX0.50 | GBX103.00 | x |
| 2003-09-30 | GBX0.53 | GBX103.00 | x |
| 2004-09-30 | GBX0.52 | GBX103.00 | x |
| 2005-09-30 | GBX0.49 | GBX103.00 | x |
| 2006-09-30 | GBX0.53 | GBX103.00 | x |
| 2007-09-30 | GBX0.72 | GBX103.00 | x |
| 2008-09-30 | GBX0.78 | GBX103.00 | x |
| 2009-09-30 | GBX0.75 | GBX103.00 | x |
| 2010-09-30 | GBX0.82 | GBX103.00 | x |
| 2011-11-30 | GBX0.36 | GBX103.00 | x |
| 2012-11-30 | GBX0.31 | GBX103.00 | x |
| 2013-11-30 | GBX0.36 | GBX103.00 | x |
| 2014-11-30 | GBX0.09 | GBX103.00 | x |
| 2015-11-30 | GBX0.23 | GBX103.00 | x |
| 2016-11-30 | GBX0.10 | GBX103.00 | x |
| 2017-11-30 | GBX0.37 | GBX103.00 | x |
| 2018-11-30 | GBX0.67 | GBX103.00 | x |
| 2019-11-30 | GBX0.72 | GBX103.00 | x |
| 2020-11-30 | GBX0.63 | GBX103.00 | x |
| 2021-11-30 | GBX1.03 | GBX103.00 | x |
| 2022-11-30 | GBX0.72 | GBX103.00 | x |
| 2023-11-30 | GBX0.21 | GBX103.00 | x |
| 2024-11-30 | GBX0.21 | GBX103.00 | x |
| 2025-11-30 | GBX0.36 | GBX103.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently RM 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): 7.09%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.35%
- • Asset Turnover: 1.12x
- • Equity Multiplier: 4.69x
- Recent ROE (7.09%) is below the historical average (15.74%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1992 | -42.39% | -7.50% | 1.95x | 2.89x | GBX-6.03 Million |
| 1993 | 14.91% | 2.85% | 2.04x | 2.56x | GBX621.80K |
| 1994 | 17.93% | 4.06% | 2.30x | 1.92x | GBX1.18 Million |
| 1995 | 20.50% | 4.17% | 2.08x | 2.37x | GBX1.72 Million |
| 1996 | 22.98% | 4.60% | 2.24x | 2.23x | GBX2.58 Million |
| 1997 | 23.33% | 5.08% | 1.81x | 2.54x | GBX3.20 Million |
| 1998 | 24.66% | 5.51% | 1.63x | 2.74x | GBX4.29 Million |
| 1999 | 25.17% | 5.67% | 1.71x | 2.59x | GBX5.54 Million |
| 2000 | 16.64% | 3.62% | 1.43x | 3.22x | GBX3.00 Million |
| 2001 | 20.10% | 4.40% | 1.88x | 2.42x | GBX5.35 Million |
| 2002 | -11.74% | -2.38% | 1.69x | 2.91x | GBX-8.92 Million |
| 2003 | 11.16% | 2.17% | 1.69x | 3.04x | GBX487.10K |
| 2004 | 9.59% | 1.48% | 1.87x | 3.46x | GBX-168.10K |
| 2005 | 20.23% | 2.95% | 1.82x | 3.78x | GBX3.91 Million |
| 2006 | 24.81% | 4.00% | 1.76x | 3.53x | GBX6.26 Million |
| 2007 | 23.15% | 4.95% | 1.74x | 2.69x | GBX7.61 Million |
| 2008 | 17.90% | 3.91% | 1.72x | 2.66x | GBX5.00 Million |
| 2009 | 21.30% | 3.74% | 1.84x | 3.10x | GBX6.88 Million |
| 2010 | 27.45% | 4.78% | 1.85x | 3.11x | GBX11.54 Million |
| 2011 | -81.03% | -6.59% | 2.15x | 5.72x | GBX-25.96 Million |
| 2012 | 19.53% | 1.71% | 1.94x | 5.90x | GBX2.40 Million |
| 2013 | 21.25% | 2.36% | 1.86x | 4.85x | GBX3.27 Million |
| 2014 | 142.95% | 5.73% | 1.62x | 15.45x | GBX10.79 Million |
| 2015 | 78.14% | 8.39% | 1.55x | 6.00x | GBX13.05 Million |
| 2016 | 149.38% | 6.95% | 1.58x | 13.60x | GBX10.87 Million |
| 2017 | 43.02% | 6.91% | 1.38x | 4.50x | GBX9.86 Million |
| 2018 | 30.78% | 7.66% | 1.65x | 2.44x | GBX11.43 Million |
| 2019 | 32.00% | 8.52% | 1.48x | 2.53x | GBX13.10 Million |
| 2020 | 14.46% | 4.04% | 1.10x | 3.26x | GBX2.35 Million |
| 2021 | 4.82% | 2.03% | 0.98x | 2.42x | GBX-4.50 Million |
| 2022 | -23.91% | -6.77% | 1.06x | 3.34x | GBX-20.56 Million |
| 2023 | -163.25% | -14.91% | 1.40x | 7.84x | GBX-30.89 Million |
| 2024 | -27.69% | -2.85% | 1.20x | 8.10x | GBX-6.45 Million |
| 2025 | 7.09% | 1.35% | 1.12x | 4.69x | GBX-898.60K |
Industry Comparison
This section compares RM Plc's net assets metrics with peer companies in the Software - Application industry.
Industry Context
- Industry: Software - Application
- Average net assets among peers: $25,604,162
- Average return on equity (ROE) among peers: -43.57%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| RM Plc (RM) | GBX31.90 Million | -42.39% | 3.90x | $1.22 Million |
| Accesso Technology Group PLC (ACSO) | $19.82 Million | 20.40% | 0.08x | $1.20 Million |
| AdvancedAdvT Ltd (ADVT) | $129.28 Million | -1.97% | 0.00x | $2.87 Million |
| AIQ Ltd (AIQ) | $1.86 Million | -195.18% | 0.30x | $47.28K |
| Alfa Financial Software Holdings PLC (ALFA) | $42.00 Million | 58.33% | 0.82x | $5.59 Million |
| Altitude Group Plc (ALT) | $4.91 Million | 2.18% | 0.98x | $186.96K |
| Anemoi International Ltd (AMOI) | $5.41 Million | -19.68% | 0.13x | $27.71K |
| ActiveOps PLC (AOM) | $2.25 Million | -112.54% | 1.38x | $1.79 Million |
| Aptitude Software Group PLC (APTD) | $46.42 Million | 19.10% | 0.76x | $1.59 Million |
| Arcontech Group Plc (ARC) | $787.00K | -129.10% | 0.72x | $134.23K |
| Blackbird PLC (BIRD) | $3.31 Million | -77.25% | 0.08x | $84.73K |
About RM Plc
RM plc supplies products, services, and solutions to educational markets in the United Kingdom, Europe, North America, Asia, the Middle East, and internationally. The company operates through RM TTS, RM Assessment, and RM Technology segments. It designs and owns proprietary products for schools; and offers platform delivery of digital assessment and exam marking solutions for accreditors, educato… Read more