Stelrad Group PLC
Stelrad Group PLC manufactures and distributes radiators in the United Kingdom, Ireland, Europe, Turkey, and internationally. The company offers steel panel and low surface temperature radiators; towel warmers; column and decorative steel tubular radiators; E-flow electric towel; and hydronic, hybrid, dual fuel, electrical, and electrical towel under the Stelrad, Henrad, Termo Teknik, DL Radiator… Read more
Stelrad Group PLC (SRAD) - Net Assets
Latest net assets as of June 2025: GBX51.32 Million GBX
Based on the latest financial reports, Stelrad Group PLC (SRAD) has net assets worth GBX51.32 Million GBX as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX217.35 Million) and total liabilities (GBX166.03 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 | GBX51.32 Million |
| % of Total Assets | 23.61% |
| Annual Growth Rate | N/A |
| 5-Year Change | 513.47% |
| 10-Year Change | 151.02% |
| Growth Volatility | 68.09 |
Stelrad Group PLC - Net Assets Trend (2014–2024)
This chart illustrates how Stelrad Group 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 Stelrad Group PLC (2014–2024)
The table below shows the annual net assets of Stelrad Group PLC from 2014 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | GBX57.59 Million | +4.34% |
| 2023-12-31 | GBX55.20 Million | +7.28% |
| 2022-12-31 | GBX51.45 Million | +91.17% |
| 2021-12-31 | GBX26.91 Million | +186.66% |
| 2020-12-31 | GBX9.39 Million | +6.99% |
| 2019-12-31 | GBX8.78 Million | -36.92% |
| 2018-12-31 | GBX13.91 Million | -39.26% |
| 2017-12-31 | GBX22.90 Million | -21.66% |
| 2016-12-31 | GBX29.24 Million | +27.43% |
| 2015-12-31 | GBX22.94 Million | +111.72% |
| 2014-12-31 | GBX-195.80 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Stelrad Group 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 9916.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | GBX239.79 Million | 416.35% |
| Common Stock | GBX127.00K | 0.22% |
| Total Equity | GBX57.59 Million | 100.00% |
Stelrad Group PLC Competitors by Market Cap
The table below lists competitors of Stelrad Group PLC ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Tristel
LSE:TSTL
|
$22.16K |
|
SCAR3F
SA:SCAR3F
|
$22.17K |
|
VUZIX (V7XN.SG)
STU:V7XN
|
$22.17K |
|
NAT ALTERN INTL (NA2.SG)
STU:NA2
|
$22.17K |
|
Biocure Technology Inc
PINK:BICTF
|
$22.14K |
|
IMDEX (IDG.SG)
STU:IDG
|
$22.13K |
|
CHINA RESOURCES GAS (LGX1.SG)
STU:LGX1
|
$22.11K |
|
CN TAIPING INSU
MU:HIUC
|
$22.11K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Stelrad Group PLC's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 55,195,000 to 57,593,000, a change of 2,398,000 (4.3%).
- Net income of 16,518,000 contributed positively to equity growth.
- Dividend payments of 9,806,000 reduced retained earnings.
- Other comprehensive income increased equity by 63,792,000.
- Other factors decreased equity by 68,106,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | GBX16.52 Million | +28.68% |
| Dividends Paid | GBX9.81 Million | -17.03% |
| Other Comprehensive Income | GBX63.79 Million | +110.76% |
| Other Changes | GBX-68.11 Million | -118.25% |
| Total Change | GBX- | 4.34% |
Book Value vs Market Value Analysis
This analysis compares Stelrad Group 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2014-12-31 | GBX-1.53 | GBX128.00 | x |
| 2015-12-31 | GBX0.18 | GBX128.00 | x |
| 2016-12-31 | GBX0.23 | GBX128.00 | x |
| 2017-12-31 | GBX0.18 | GBX128.00 | x |
| 2018-12-31 | GBX0.11 | GBX128.00 | x |
| 2019-12-31 | GBX0.07 | GBX128.00 | x |
| 2020-12-31 | GBX0.07 | GBX128.00 | x |
| 2021-12-31 | GBX0.21 | GBX128.00 | x |
| 2022-12-31 | GBX0.40 | GBX128.00 | x |
| 2023-12-31 | GBX0.43 | GBX128.00 | x |
| 2024-12-31 | GBX0.45 | GBX128.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Stelrad Group 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): 28.68%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.68%
- • Asset Turnover: 1.32x
- • Equity Multiplier: 3.84x
- Recent ROE (28.68%) is above the historical average (23.15%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 0.00% | -9.87% | 0.53x | 0.00x | GBX1.98 Million |
| 2015 | 15.57% | 2.09% | 1.44x | 5.18x | GBX1.28 Million |
| 2016 | 12.73% | 2.08% | 1.37x | 4.46x | GBX798.30K |
| 2017 | -5.48% | -0.61% | 1.46x | 6.14x | GBX-3.55 Million |
| 2018 | -1.37% | -0.09% | 1.45x | 10.18x | GBX-1.58 Million |
| 2019 | 21.07% | 0.89% | 1.38x | 17.21x | GBX971.50K |
| 2020 | 92.66% | 4.43% | 1.26x | 16.57x | GBX7.76 Million |
| 2021 | 54.47% | 5.38% | 1.52x | 6.66x | GBX11.97 Million |
| 2022 | 8.38% | 1.36% | 1.21x | 5.10x | GBX-835.90K |
| 2023 | 27.94% | 5.00% | 1.31x | 4.26x | GBX9.90 Million |
| 2024 | 28.68% | 5.68% | 1.32x | 3.84x | GBX10.76 Million |
Industry Comparison
This section compares Stelrad Group PLC's net assets metrics with peer companies in the Building Products & Equipment industry.
Industry Context
- Industry: Building Products & Equipment
- Average net assets among peers: $122,317,625
- Average return on equity (ROE) among peers: 10.38%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Stelrad Group PLC (SRAD) | GBX51.32 Million | 0.00% | 3.24x | $22.16K |
| Epwin Group PLC (EPWN) | $88.80 Million | 12.05% | 2.09x | $19.79K |
| Volution Group plc (FAN) | $165.21 Million | 8.06% | 0.98x | $158.12K |
| Genuit Group plc (GEN) | $627.10 Million | 5.82% | 0.64x | $99.88K |
| James Halstead PLC (JHD) | $13.33 Million | 24.05% | 0.87x | $68.97K |
| LifeSafe Holdings PLC (LIFS) | $-158.00K | 0.00% | 0.00x | $158.65 |
| Northern Bear Plc (NTBR) | $21.06 Million | 7.16% | 0.69x | $1.72K |
| Norcros Plc (NXR) | $52.70 Million | 15.56% | 2.39x | $34.59K |
| Titon Holdings Plc (TON) | $10.50 Million | 10.34% | 0.30x | $1.30K |