Springfield Properties Plc
Springfield Properties Plc, together with its subsidiaries, engages in the residential housebuilding and land development in the United Kingdom. The company offers private, affordable, and contract housing, as well as provides development services to third party private organizations. It is also involved in hiring plants and machineries; buying and selling real estate; property development activi… Read more
Springfield Properties Plc (SPR) - Net Assets
Latest net assets as of May 2025: GBX171.25 Million GBX
Based on the latest financial reports, Springfield Properties Plc (SPR) has net assets worth GBX171.25 Million GBX as of May 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX299.64 Million) and total liabilities (GBX128.38 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 | GBX171.25 Million |
| % of Total Assets | 57.15% |
| Annual Growth Rate | 20.64% |
| 5-Year Change | 53.96% |
| 10-Year Change | 485.59% |
| Growth Volatility | 40.2 |
Springfield Properties Plc - Net Assets Trend (2015–2025)
This chart illustrates how Springfield Properties 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 Springfield Properties Plc (2015–2025)
The table below shows the annual net assets of Springfield Properties Plc from 2015 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-05-31 | GBX171.25 Million | +8.25% |
| 2024-05-31 | GBX158.21 Million | +5.03% |
| 2023-05-31 | GBX150.63 Million | +4.95% |
| 2022-05-31 | GBX143.53 Million | +29.04% |
| 2021-05-31 | GBX111.23 Million | +16.03% |
| 2020-05-31 | GBX95.86 Million | +8.25% |
| 2019-05-31 | GBX88.56 Million | +12.08% |
| 2018-05-31 | GBX79.01 Million | +143.96% |
| 2017-05-31 | GBX32.39 Million | +10.74% |
| 2016-05-31 | GBX29.25 Million | +11.56% |
| 2015-05-31 | GBX26.21 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Springfield Properties 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 441.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (May 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | GBX92.36 Million | 53.93% |
| Common Stock | GBX149.00K | 0.09% |
| Other Components | GBX78.74 Million | 45.98% |
| Total Equity | GBX171.25 Million | 100.00% |
Springfield Properties Plc Competitors by Market Cap
The table below lists competitors of Springfield Properties Plc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
artec technologies AG
F:A6T
|
$19.16K |
|
Wipro Ltd
STU:WIOA
|
$19.17K |
|
Delta For Printing & Packaging
EGX:DTPP
|
$19.19K |
|
SANDS CHINA 144A/S (599A.SG)
STU:599A
|
$19.21K |
|
Logica Ventures Corp
V:LOG-P
|
$19.14K |
|
B+S BANKSYSTEME
BE:DTD2
|
$19.12K |
|
Bens Creek Group Plc
PINK:BENCF
|
$19.11K |
|
FESA3F
SA:FESA3F
|
$19.11K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Springfield Properties Plc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 158,207,000 to 171,255,000, a change of 13,048,000 (8.2%).
- Net income of 14,096,000 contributed positively to equity growth.
- Dividend payments of 1,188,000 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | GBX14.10 Million | +8.23% |
| Dividends Paid | GBX1.19 Million | -0.69% |
| Other Changes | GBX140.00K | +0.08% |
| Total Change | GBX- | 8.25% |
Book Value vs Market Value Analysis
This analysis compares Springfield Properties 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: 79.15x
- 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 339.74x to 79.15x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2015-05-31 | GBX0.32 | GBX108.50 | x |
| 2016-05-31 | GBX0.36 | GBX108.50 | x |
| 2017-05-31 | GBX0.39 | GBX108.50 | x |
| 2018-05-31 | GBX1.07 | GBX108.50 | x |
| 2019-05-31 | GBX0.91 | GBX108.50 | x |
| 2020-05-31 | GBX0.98 | GBX108.50 | x |
| 2021-05-31 | GBX1.10 | GBX108.50 | x |
| 2022-05-31 | GBX1.28 | GBX108.50 | x |
| 2023-05-31 | GBX1.23 | GBX108.50 | x |
| 2024-05-31 | GBX1.28 | GBX108.50 | x |
| 2025-05-31 | GBX1.37 | GBX108.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Springfield Properties 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): 8.23%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.02%
- • Asset Turnover: 0.94x
- • Equity Multiplier: 1.75x
- Recent ROE (8.23%) is below the historical average (9.35%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | -3.91% | -1.22% | 1.23x | 2.61x | GBX-3.65 Million |
| 2016 | 13.90% | 4.48% | 1.13x | 2.76x | GBX1.14 Million |
| 2017 | 16.55% | 4.85% | 1.11x | 3.08x | GBX2.12 Million |
| 2018 | 9.31% | 5.23% | 0.98x | 1.82x | GBX-546.20K |
| 2019 | 14.51% | 6.73% | 1.05x | 2.04x | GBX4.00 Million |
| 2020 | 7.98% | 5.29% | 0.73x | 2.07x | GBX-1.94 Million |
| 2021 | 12.33% | 6.33% | 1.04x | 1.87x | GBX2.59 Million |
| 2022 | 11.20% | 6.25% | 0.89x | 2.00x | GBX1.72 Million |
| 2023 | 8.01% | 3.64% | 1.01x | 2.19x | GBX-2.99 Million |
| 2024 | 4.77% | 2.83% | 0.87x | 1.93x | GBX-8.27 Million |
| 2025 | 8.23% | 5.02% | 0.94x | 1.75x | GBX-3.03 Million |
Industry Comparison
This section compares Springfield Properties Plc's net assets metrics with peer companies in the Residential Construction industry.
Industry Context
- Industry: Residential Construction
- Average net assets among peers: $916,570,167
- Average return on equity (ROE) among peers: 12.00%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Springfield Properties Plc (SPR) | GBX171.25 Million | -3.91% | 0.75x | $19.14K |
| The Berkeley Group Holdings plc (BKG) | $654.42 Million | 11.81% | 0.37x | $448.06K |
| Barratt Redrow plc (BTRW) | $3.35 Billion | 9.11% | 0.53x | $650.42K |
| Bellway PLC (BWY) | $1.22 Billion | 8.91% | 0.36x | $324.36K |
| Crest Nicholson Holdings plc (CRST) | $-99.00 Million | 0.00% | 0.00x | $50.59K |
| MJ Gleeson plc (GLE) | $244.93 Million | 13.83% | 0.28x | $26.99K |
| Watkin Jones PLC (WJG) | $126.23 Million | 28.36% | 0.99x | $8.93K |