Renold

LSE:RNO UK Specialty Industrial Machinery
Market Cap
$2.00 Million
GBX16.41 Billion GBX
Market Cap Rank
#43847 Global
#752 in UK
Share Price
GBX81.80
Change (1 day)
+0.00%
52-Week Range
GBX39.00 - GBX84.80
All Time High
GBX84.80
Categories
Companies in UK Specialty Industrial Machinery
About

Renold plc engages in the manufacture and sale of high precision engineered power transmission products and solutions in the United Kingdom, rest of Europe, the United States, Canada, Australasia, China, India, and internationally. The company operates in two segments, Chain and Torque Transmission. It offers inverted tooth chain products; and transmission chain products, including general transm… Read more

Renold (RNO) - Net Assets

Latest net assets as of March 2025: GBX67.40 Million GBX

Based on the latest financial reports, Renold (RNO) has net assets worth GBX67.40 Million GBX as of March 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX278.70 Million) and total liabilities (GBX211.30 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 GBX67.40 Million
% of Total Assets 24.18%
Annual Growth Rate 0.64%
5-Year Change N/A
10-Year Change 541.9%
Growth Volatility 86.44

Renold - Net Assets Trend (1986–2025)

This chart illustrates how Renold's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Renold (1986–2025)

The table below shows the annual net assets of Renold from 1986 to 2025.

Year Net Assets Change
2025-03-31 GBX67.40 Million +34.26%
2024-03-31 GBX50.20 Million +28.39%
2023-03-31 GBX39.10 Million +458.57%
2022-03-31 GBX7.00 Million +147.62%
2021-03-31 GBX-14.70 Million -3575.00%
2020-03-31 GBX-400.00K +55.56%
2019-03-31 GBX-900.00K -181.82%
2018-03-31 GBX1.10 Million -85.90%
2017-03-31 GBX7.80 Million -25.71%
2016-03-31 GBX10.50 Million -9.48%
2015-03-31 GBX11.60 Million -16.55%
2014-03-31 GBX13.90 Million -51.40%
2013-03-31 GBX28.60 Million -46.24%
2012-03-31 GBX53.20 Million -6.50%
2011-03-31 GBX56.90 Million +27.01%
2010-03-31 GBX44.80 Million +11.72%
2009-03-31 GBX40.10 Million -2.20%
2008-03-31 GBX41.00 Million +71.55%
2007-03-31 GBX23.90 Million -41.13%
2006-03-31 GBX40.60 Million -27.63%
2005-03-31 GBX56.10 Million -36.68%
2004-03-31 GBX88.60 Million +7.92%
2003-03-31 GBX82.10 Million -0.48%
2002-03-31 GBX82.50 Million -7.61%
2001-03-31 GBX89.30 Million +3.36%
2000-03-31 GBX86.40 Million -2.59%
1999-03-31 GBX88.70 Million +3.14%
1998-03-31 GBX86.00 Million +10.97%
1997-03-31 GBX77.50 Million +5.16%
1996-03-31 GBX73.70 Million +15.16%
1995-03-31 GBX64.00 Million +13.48%
1994-03-31 GBX56.40 Million +5.82%
1993-03-31 GBX53.30 Million +5.75%
1992-03-31 GBX50.40 Million -8.03%
1991-03-31 GBX54.80 Million -7.43%
1990-03-31 GBX59.20 Million +16.77%
1989-03-31 GBX50.70 Million +9.98%
1988-03-31 GBX46.10 Million -4.36%
1987-03-31 GBX48.20 Million -8.37%
1986-03-31 GBX52.60 Million --

Equity Component Analysis

This analysis shows how different components contribute to Renold'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 536.2% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (March 2025)

Component Amount Percentage
Retained Earnings GBX59.80 Million 88.72%
Common Stock GBX11.30 Million 16.77%
Total Equity GBX67.40 Million 100.00%

Renold Competitors by Market Cap

The table below lists competitors of Renold ranked by their market capitalization.

Company Market Cap
Three Acre Farms PLC
CM:TAFLN0000
 		$19.97K
TURBON (TUR.SG)
STU:TUR
 		$19.99K
Flitways Technology Inc
PINK:FTWS
 		$20.00K
MITSUBISHI MOTORS (MMO.SG)
STU:MMO
 		$20.02K
Arçelik Anonim Sirketi
PINK:ACKAF
 		$19.95K
CONSENSUS AS.MGM.B SK 5-
F:5XI
 		$19.93K
Focus HNS Co. Ltd.
KO:331380
 		$19.91K
Bpost SA de Droit Public
BE:13B
 		$19.91K

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Renold's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 50,200,000 to 67,400,000, a change of 17,200,000 (34.3%).
  • Net income of 15,100,000 contributed positively to equity growth.
  • Dividend payments of 1,000,000 reduced retained earnings.
  • Other comprehensive income decreased equity by 8,000,000.
  • Other factors increased equity by 11,100,000.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income GBX15.10 Million +22.4%
Dividends Paid GBX1.00 Million -1.48%
Other Comprehensive Income GBX-8.00 Million -11.87%
Other Changes GBX11.10 Million +16.47%
Total Change GBX- 34.26%

Book Value vs Market Value Analysis

This analysis compares Renold'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: 276.24x
  • 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 increased from 102.89x to 276.24x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1986-03-31 GBX0.80 GBX81.80 x
1987-03-31 GBX0.72 GBX81.80 x
1988-03-31 GBX0.69 GBX81.80 x
1989-03-31 GBX0.77 GBX81.80 x
1990-03-31 GBX0.90 GBX81.80 x
1991-03-31 GBX0.83 GBX81.80 x
1992-03-31 GBX0.76 GBX81.80 x
1993-03-31 GBX0.80 GBX81.80 x
1994-03-31 GBX0.85 GBX81.80 x
1995-03-31 GBX0.96 GBX81.80 x
1996-03-31 GBX1.09 GBX81.80 x
1997-03-31 GBX1.13 GBX81.80 x
1998-03-31 GBX1.24 GBX81.80 x
1999-03-31 GBX1.27 GBX81.80 x
2000-03-31 GBX1.24 GBX81.80 x
2001-03-31 GBX1.28 GBX81.80 x
2002-03-31 GBX1.18 GBX81.80 x
2003-03-31 GBX1.18 GBX81.80 x
2004-03-31 GBX0.84 GBX81.80 x
2005-03-31 GBX0.81 GBX81.80 x
2006-03-31 GBX0.58 GBX81.80 x
2007-03-31 GBX0.34 GBX81.80 x
2008-03-31 GBX0.57 GBX81.80 x
2009-03-31 GBX0.52 GBX81.80 x
2010-03-31 GBX0.36 GBX81.80 x
2011-03-31 GBX0.25 GBX81.80 x
2012-03-31 GBX0.23 GBX81.80 x
2013-03-31 GBX0.12 GBX81.80 x
2014-03-31 GBX0.05 GBX81.80 x
2015-03-31 GBX0.04 GBX81.80 x
2016-03-31 GBX0.03 GBX81.80 x
2017-03-31 GBX0.02 GBX81.80 x
2018-03-31 GBX0.00 GBX81.80 x
2019-03-31 GBX-0.01 GBX81.80 x
2020-03-31 GBX0.00 GBX81.80 x
2021-03-31 GBX-0.06 GBX81.80 x
2022-03-31 GBX0.03 GBX81.80 x
2023-03-31 GBX0.17 GBX81.80 x
2024-03-31 GBX0.21 GBX81.80 x
2025-03-31 GBX0.30 GBX81.80 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Renold 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): 22.40%
  • The company demonstrates strong efficiency in generating profits from shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 6.16%
  • • Asset Turnover: 0.88x
  • • Equity Multiplier: 4.14x
  • Recent ROE (22.40%) is above the historical average (9.74%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1986 10.16% 4.00% 1.15x 2.21x GBX80.00K
1987 -10.28% -3.74% 1.14x 2.42x GBX-9.47 Million
1988 3.13% 1.06% 1.19x 2.48x GBX-3.07 Million
1989 11.98% 4.13% 1.30x 2.23x GBX990.00K
1990 16.21% 6.52% 1.15x 2.16x GBX3.64 Million
1991 -1.85% -0.78% 1.10x 2.16x GBX-6.42 Million
1992 -7.43% -3.05% 1.10x 2.21x GBX-8.68 Million
1993 1.14% 0.48% 1.09x 2.18x GBX-4.67 Million
1994 8.78% 3.77% 1.09x 2.14x GBX-680.00K
1995 14.20% 6.05% 1.10x 2.13x GBX2.66 Million
1996 19.15% 7.81% 1.19x 2.05x GBX6.69 Million
1997 20.16% 8.60% 1.22x 1.92x GBX7.81 Million
1998 20.61% 9.59% 1.19x 1.81x GBX9.06 Million
1999 8.74% 4.49% 1.06x 1.84x GBX-1.11 Million
2000 7.11% 3.50% 0.89x 2.27x GBX-2.48 Million
2001 8.34% 3.41% 1.14x 2.14x GBX-1.47 Million
2002 -6.11% -2.63% 1.10x 2.11x GBX-13.19 Million
2003 2.44% 1.07% 1.07x 2.13x GBX-6.21 Million
2004 8.12% 2.45% 1.18x 2.82x GBX-1.09 Million
2005 -0.18% -0.07% 0.68x 3.77x GBX-5.71 Million
2006 -33.50% -8.77% 0.79x 4.80x GBX-17.66 Million
2007 -53.14% -7.97% 1.02x 6.53x GBX-15.09 Million
2008 18.78% 4.46% 1.07x 3.93x GBX3.60 Million
2009 5.45% 1.08% 1.03x 4.91x GBX-1.75 Million
2010 -22.33% -6.15% 0.87x 4.20x GBX-13.90 Million
2011 -1.64% -0.47% 1.06x 3.30x GBX-6.38 Million
2012 12.18% 2.96% 1.16x 3.56x GBX1.11 Million
2013 -32.82% -4.52% 1.04x 7.01x GBX-11.22 Million
2014 -95.61% -5.92% 1.18x 13.67x GBX-12.04 Million
2015 62.22% 3.09% 1.10x 18.40x GBX4.70 Million
2016 69.23% 3.27% 0.94x 22.53x GBX4.62 Million
2017 94.12% 2.62% 0.93x 38.84x GBX4.29 Million
2018 0.00% -1.15% 1.01x 0.00x GBX-2.11 Million
2019 0.00% 3.86% 0.97x 0.00x GBX8.01 Million
2020 0.00% 1.58% 0.88x 0.00x GBX3.04 Million
2021 0.00% 2.78% 0.88x 0.00x GBX6.07 Million
2022 145.71% 5.23% 0.99x 28.23x GBX9.50 Million
2023 30.18% 4.78% 0.99x 6.39x GBX7.89 Million
2024 34.06% 7.08% 1.01x 4.74x GBX12.08 Million
2025 22.40% 6.16% 0.88x 4.14x GBX8.36 Million

Industry Comparison

This section compares Renold's net assets metrics with peer companies in the Specialty Industrial Machinery industry.

Industry Context

  • Industry: Specialty Industrial Machinery
  • Average net assets among peers: $26,328,162
  • Average return on equity (ROE) among peers: -15.14%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Renold (RNO) GBX67.40 Million 10.16% 3.14x $19.97K
Avingtrans Plc (AVG) $69.29 Million 3.62% 0.76x $23.48K
Castings PLC (CGS) $73.23 Million 10.43% 0.28x $13.94K
Clean Power Hydrogen PLC (CPH2) $-37.00K 0.00% 0.00x $2.75K
EQTEC plc (EQT) $1.36 Million 0.00% 6.90x $3.91 Million
Goodwin PLC (GDWN) $29.49 Million 29.77% 1.79x $179.22K
Graft Polymer UK PLC (GPL) $1.54 Million -17.79% 0.79x $460.92
ITM Power (ITM) $347.00K -171.47% 0.56x $47.95K
MPAC Group PLC (MPAC) $61.83 Million 9.19% 0.85x $13.26K
PowerHouse Energy Group Plc (PHE) $-100.60K 0.00% 0.00x $2.45K