Software Circle plc
Software Circle plc, together with its subsidiaries, licenses various software in the United Kingdom, Ireland, Europe, Belgium, the Netherlands, France, New Zealand, South Africa, and the United States. The company offers Online Application, a mortgage and insurance solution for brokers; Total Drive, a business management app for driving instructors and driving schools; Link Maker, an adoption ma… Read more
Software Circle plc (SFT) - Net Assets
Latest net assets as of September 2025: GBX20.39 Million GBX
Based on the latest financial reports, Software Circle plc (SFT) has net assets worth GBX20.39 Million GBX as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX38.62 Million) and total liabilities (GBX18.23 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 | GBX20.39 Million |
| % of Total Assets | 52.8% |
| Annual Growth Rate | 22.69% |
| 5-Year Change | 402.91% |
| 10-Year Change | 306.58% |
| Growth Volatility | 491.24 |
Software Circle plc - Net Assets Trend (2002–2025)
This chart illustrates how Software Circle 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 Software Circle plc (2002–2025)
The table below shows the annual net assets of Software Circle plc from 2002 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | GBX21.39 Million | -1.32% |
| 2024-03-31 | GBX21.68 Million | +2236.31% |
| 2023-03-31 | GBX928.00K | -62.70% |
| 2022-03-31 | GBX2.49 Million | -41.51% |
| 2021-03-31 | GBX4.25 Million | -31.98% |
| 2020-03-31 | GBX6.25 Million | +10.97% |
| 2019-03-31 | GBX5.64 Million | +41.43% |
| 2018-03-31 | GBX3.98 Million | -13.61% |
| 2017-03-31 | GBX4.61 Million | -12.33% |
| 2016-03-31 | GBX5.26 Million | -11.59% |
| 2015-03-31 | GBX5.95 Million | +2.43% |
| 2014-03-31 | GBX5.81 Million | -1.56% |
| 2013-03-31 | GBX5.90 Million | -6.46% |
| 2012-03-31 | GBX6.31 Million | -2.89% |
| 2011-03-31 | GBX6.50 Million | +7.12% |
| 2010-03-31 | GBX6.07 Million | -14.14% |
| 2009-03-31 | GBX7.07 Million | -1.29% |
| 2008-03-31 | GBX7.16 Million | +5.16% |
| 2007-03-31 | GBX6.81 Million | +14.98% |
| 2006-03-31 | GBX5.92 Million | +22.75% |
| 2005-03-31 | GBX4.82 Million | +77.45% |
| 2004-03-31 | GBX2.72 Million | +28.03% |
| 2003-03-31 | GBX2.12 Million | +994.33% |
| 2002-03-31 | GBX194.00K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Software Circle 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 948100000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | GBX3.90 Million | 18.23% |
| Other Components | GBX29.22 Million | 136.59% |
| Total Equity | GBX21.39 Million | 100.00% |
Software Circle plc Competitors by Market Cap
The table below lists competitors of Software Circle plc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Severfield PLC
LSE:SFR
|
$10.60K |
|
BluEnergies Ltd.
V:BLU
|
$10.61K |
|
Country-Wide Insurance Company
PINK:CWID
|
$10.62K |
|
LENOVO GROUP - Dusseldorf Stock Exchang
DU:LHL
|
$10.62K |
|
Akritas S.A
AT:AKRIT
|
$10.57K |
|
Sinolink Railway Constr
SHG:508008
|
$10.56K |
|
BORYSZEW (BOW.SG)
STU:BOW
|
$10.55K |
|
FIRST TRACTOR -H-
MU:FTP
|
$10.55K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Software Circle plc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 21,681,000 to 21,394,000, a change of -287,000 (-1.3%).
- Net loss of 329,000 reduced equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | GBX-329.00K | -1.54% |
| Other Changes | GBX42.00K | +0.2% |
| Total Change | GBX- | -1.32% |
Book Value vs Market Value Analysis
This analysis compares Software Circle 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: 285.35x
- 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 3444.37x to 285.35x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2002-03-31 | GBX0.00 | GBX15.65 | x |
| 2003-03-31 | GBX0.05 | GBX15.65 | x |
| 2004-03-31 | GBX0.07 | GBX15.65 | x |
| 2005-03-31 | GBX0.11 | GBX15.65 | x |
| 2006-03-31 | GBX0.13 | GBX15.65 | x |
| 2007-03-31 | GBX0.15 | GBX15.65 | x |
| 2008-03-31 | GBX0.15 | GBX15.65 | x |
| 2009-03-31 | GBX0.16 | GBX15.65 | x |
| 2010-03-31 | GBX0.14 | GBX15.65 | x |
| 2011-03-31 | GBX0.14 | GBX15.65 | x |
| 2012-03-31 | GBX0.13 | GBX15.65 | x |
| 2013-03-31 | GBX0.12 | GBX15.65 | x |
| 2014-03-31 | GBX0.12 | GBX15.65 | x |
| 2015-03-31 | GBX0.13 | GBX15.65 | x |
| 2016-03-31 | GBX0.11 | GBX15.65 | x |
| 2017-03-31 | GBX0.10 | GBX15.65 | x |
| 2018-03-31 | GBX0.09 | GBX15.65 | x |
| 2019-03-31 | GBX0.08 | GBX15.65 | x |
| 2020-03-31 | GBX0.06 | GBX15.65 | x |
| 2021-03-31 | GBX0.04 | GBX15.65 | x |
| 2022-03-31 | GBX0.02 | GBX15.65 | x |
| 2023-03-31 | GBX0.01 | GBX15.65 | x |
| 2024-03-31 | GBX0.06 | GBX15.65 | x |
| 2025-03-31 | GBX0.05 | GBX15.65 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Software Circle 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): -1.54%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -1.80%
- • Asset Turnover: 0.48x
- • Equity Multiplier: 1.78x
- Recent ROE (-1.54%) is above the historical average (-21.77%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | -400.00% | -13.86% | 1.74x | 16.61x | GBX-795.40K |
| 2003 | 42.16% | 11.63% | 1.39x | 2.60x | GBX682.70K |
| 2004 | 21.89% | 6.38% | 1.43x | 2.40x | GBX323.20K |
| 2005 | 24.01% | 10.81% | 1.21x | 1.83x | GBX675.70K |
| 2006 | 26.79% | 13.35% | 1.12x | 1.79x | GBX994.00K |
| 2007 | 23.30% | 13.07% | 0.89x | 2.01x | GBX905.30K |
| 2008 | 22.80% | 12.11% | 0.99x | 1.91x | GBX916.20K |
| 2009 | 20.66% | 10.09% | 1.14x | 1.79x | GBX753.40K |
| 2010 | 21.02% | 8.82% | 1.33x | 1.80x | GBX668.30K |
| 2011 | 14.25% | 5.44% | 1.28x | 2.04x | GBX276.10K |
| 2012 | 17.43% | 5.05% | 1.86x | 1.86x | GBX468.90K |
| 2013 | 13.64% | 3.90% | 1.91x | 1.83x | GBX214.70K |
| 2014 | 14.85% | 4.44% | 1.99x | 1.68x | GBX281.90K |
| 2015 | 14.25% | 7.69% | 1.19x | 1.56x | GBX252.80K |
| 2016 | 1.22% | 0.59% | 1.30x | 1.57x | GBX-462.20K |
| 2017 | -13.55% | -5.98% | 1.47x | 1.54x | GBX-1.09 Million |
| 2018 | -23.74% | -6.47% | 1.34x | 2.74x | GBX-1.34 Million |
| 2019 | -50.09% | -17.69% | 1.16x | 2.45x | GBX-3.39 Million |
| 2020 | -53.93% | -21.62% | 1.17x | 2.14x | GBX-4.00 Million |
| 2021 | -49.01% | -30.03% | 0.51x | 3.19x | GBX-2.51 Million |
| 2022 | -46.22% | -12.90% | 0.76x | 4.73x | GBX-1.40 Million |
| 2023 | -151.72% | -12.06% | 0.49x | 25.45x | GBX-1.50 Million |
| 2024 | -10.93% | -14.66% | 0.47x | 1.59x | GBX-4.54 Million |
| 2025 | -1.54% | -1.80% | 0.48x | 1.78x | GBX-2.47 Million |
Industry Comparison
This section compares Software Circle plc's net assets metrics with peer companies in the Specialty Business Services industry.
Industry Context
- Industry: Specialty Business Services
- Average net assets among peers: $23,837,787
- Average return on equity (ROE) among peers: 25.66%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Software Circle plc (SFT) | GBX20.39 Million | -400.00% | 0.89x | $10.58K |
| CPPGroup Plc (CPP) | $10.02 Million | 208.06% | 5.12x | $815.98 |
| Christie Group plc (CTG) | $2.09 Million | -29.79% | 1.95x | $3.20K |
| DSW Capital PLC (DSW) | $7.99 Million | -4.18% | 0.13x | $1.76K |
| Franchise Brands PLC (FRAN) | $24.44 Million | 9.54% | 0.71x | $30.45K |
| GenIP PLC (GNIP) | $1.27 Million | -69.71% | 0.28x | $415.62 |
| Inspired Plc (INSE) | $14.87 Million | 22.87% | 1.36x | $16.11K |
| Keystone Law Group PLC (KEYS) | $16.59 Million | 26.10% | 1.01x | $24.23K |
| Knights Group Holdings plc (KGH) | $92.81 Million | 8.56% | 1.29x | $18.21K |
| Mha Ltd (MHA) | $50.86 Million | 86.50% | 1.02x | $43.59K |
| Mind Gym Ltd (MIND) | $17.45 Million | -1.33% | 0.98x | $1.77K |