Seplat Petroleum Development Company PLC
Seplat Energy Plc, an independent energy company, engages in the oil and gas exploration and production, and gas processing activities in Nigeria, Bahamas, Italy, Switzerland, England, and Singapore. It operates through two segments, Oil and Gas. The company explores, develops, and produces crude oil; and processes and produces gas. It also operates oil and gas assets. In addition, the company is… Read more
Seplat Petroleum Development Company PLC (SEPL) - Net Assets
Latest net assets as of September 2025: GBX1.37 Billion GBX
Based on the latest financial reports, Seplat Petroleum Development Company PLC (SEPL) has net assets worth GBX1.37 Billion GBX as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX4.59 Billion) and total liabilities (GBX3.22 Billion). 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 | GBX1.37 Billion |
| % of Total Assets | 29.8% |
| Annual Growth Rate | 24.49% |
| 5-Year Change | 10.73% |
| 10-Year Change | 30.4% |
| Growth Volatility | 148.93 |
Seplat Petroleum Development Company PLC - Net Assets Trend (2011–2024)
This chart illustrates how Seplat Petroleum Development Company 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 Seplat Petroleum Development Company PLC (2011–2024)
The table below shows the annual net assets of Seplat Petroleum Development Company PLC from 2011 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | GBX1.84 Billion | +2.77% |
| 2023-12-31 | GBX1.79 Billion | +1.88% |
| 2022-12-31 | GBX1.76 Billion | +3.07% |
| 2021-12-31 | GBX1.71 Billion | +2.61% |
| 2020-12-31 | GBX1.66 Billion | -7.75% |
| 2019-12-31 | GBX1.80 Billion | +12.68% |
| 2018-12-31 | GBX1.60 Billion | +6.51% |
| 2017-12-31 | GBX1.50 Billion | +21.81% |
| 2016-12-31 | GBX1.23 Billion | -12.67% |
| 2015-12-31 | GBX1.41 Billion | +0.28% |
| 2014-12-31 | GBX1.41 Billion | +16.70% |
| 2013-12-31 | GBX1.21 Billion | +563.91% |
| 2012-12-31 | GBX181.87 Million | +70.33% |
| 2011-12-31 | GBX106.77 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Seplat Petroleum Development Company 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 1766.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | GBX1.23 Billion | 67.50% |
| Common Stock | GBX1.86 Million | 0.10% |
| Other Comprehensive Income | GBX38.98 Million | 2.13% |
| Other Components | GBX552.96 Million | 30.27% |
| Total Equity | GBX1.83 Billion | 100.00% |
Seplat Petroleum Development Company PLC Competitors by Market Cap
The table below lists competitors of Seplat Petroleum Development Company PLC ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
MOTOR OIL (HELLAS)
BE:MHZ
|
$292.13K |
|
HUHTAMAKI (HUKI.SG)
STU:HUKI
|
$292.36K |
|
VOLVO -B-
MU:VOL1
|
$292.48K |
|
Pluribus Technologies Corp
V:PLRB
|
$292.51K |
|
SANKEN ELECTRIC
BE:XSK
|
$291.92K |
|
INTL PAPER - Dusseldorf Stock Exchang
DU:INP
|
$291.92K |
|
Crazy Woman Creek Bancorp Incorporated
PINK:CRZY
|
$291.88K |
|
The Frontier Economic Fund
NYSE:AKAF
|
$291.73K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Seplat Petroleum Development Company PLC's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,768,790,000 to 1,826,927,000, a change of 58,137,000 (3.3%).
- Net income of 153,350,000 contributed positively to equity growth.
- Dividend payments of 91,361,000 reduced retained earnings.
- Share repurchases of 19,508,000 reduced equity.
- Other comprehensive income increased equity by 1,649,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | GBX153.35 Million | +8.39% |
| Dividends Paid | GBX91.36 Million | -5.0% |
| Share Repurchases | GBX19.51 Million | -1.07% |
| Other Comprehensive Income | GBX1.65 Million | +0.09% |
| Other Changes | GBX14.01 Million | +0.77% |
| Total Change | GBX- | 3.29% |
Book Value vs Market Value Analysis
This analysis compares Seplat Petroleum Development Company 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: 148.49x
- 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 2345.65x to 148.49x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2011-12-31 | GBX0.20 | GBX461.00 | x |
| 2012-12-31 | GBX0.33 | GBX461.00 | x |
| 2013-12-31 | GBX2.22 | GBX461.00 | x |
| 2014-12-31 | GBX2.77 | GBX461.00 | x |
| 2015-12-31 | GBX2.52 | GBX461.00 | x |
| 2016-12-31 | GBX2.18 | GBX461.00 | x |
| 2017-12-31 | GBX2.63 | GBX461.00 | x |
| 2018-12-31 | GBX2.76 | GBX461.00 | x |
| 2019-12-31 | GBX3.14 | GBX461.00 | x |
| 2020-12-31 | GBX2.89 | GBX461.00 | x |
| 2021-12-31 | GBX3.02 | GBX461.00 | x |
| 2022-12-31 | GBX3.02 | GBX461.00 | x |
| 2023-12-31 | GBX3.01 | GBX461.00 | x |
| 2024-12-31 | GBX3.10 | GBX461.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Seplat Petroleum Development Company 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): 8.39%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 13.74%
- • Asset Turnover: 0.17x
- • Equity Multiplier: 3.50x
- Recent ROE (8.39%) is below the historical average (16.34%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 50.03% | 11.84% | 0.67x | 6.29x | GBX42.75 Million |
| 2012 | 59.99% | 17.47% | 0.69x | 4.95x | GBX90.91 Million |
| 2013 | 45.57% | 62.51% | 0.45x | 1.62x | GBX429.52 Million |
| 2014 | 17.90% | 32.55% | 0.32x | 1.71x | GBX111.34 Million |
| 2015 | 4.64% | 11.50% | 0.21x | 1.94x | GBX-75.78 Million |
| 2016 | -13.34% | -64.74% | 0.12x | 1.77x | GBX-287.99 Million |
| 2017 | 17.65% | 58.66% | 0.17x | 1.74x | GBX114.92 Million |
| 2018 | 9.16% | 19.64% | 0.30x | 1.58x | GBX-13.51 Million |
| 2019 | 15.16% | 39.70% | 0.21x | 1.79x | GBX94.25 Million |
| 2020 | -5.02% | -16.08% | 0.15x | 2.03x | GBX-255.15 Million |
| 2021 | 8.03% | 19.34% | 0.19x | 2.20x | GBX-34.84 Million |
| 2022 | 5.89% | 11.00% | 0.27x | 1.99x | GBX-72.93 Million |
| 2023 | 4.70% | 7.83% | 0.31x | 1.92x | GBX-93.75 Million |
| 2024 | 8.39% | 13.74% | 0.17x | 3.50x | GBX-29.34 Million |
Industry Comparison
This section compares Seplat Petroleum Development Company PLC'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 |
|---|---|---|---|---|
| Seplat Petroleum Development Company PLC (SEPL) | GBX1.37 Billion | 50.03% | 2.36x | $291.98K |
| 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 |