Shearwater Group plc (SWG) - Net Assets
Based on the latest financial reports, Shearwater Group plc (SWG) has net assets worth GBX32.70 Million GBX (≈ $3.98K USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX52.80 Million ≈ $6.42K USD) and total liabilities (GBX20.10 Million ≈ $2.45K USD). 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. Check Shearwater Group plc PP&E and investment ratio to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | GBX32.70 Million |
| % of Total Assets | 61.93% |
| Annual Growth Rate | 15.16% |
| 5-Year Change | -40.29% |
| 10-Year Change | 3618.85% |
| Growth Volatility | 714.44 |
Shearwater Group plc - Net Assets Trend (2005–2025)
This chart illustrates how Shearwater Group plc's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see market value of Shearwater Group plc.
Annual Net Assets for Shearwater Group plc (2005–2025)
The table below shows the annual net assets of Shearwater Group plc from 2005 to 2025. Also explore Shearwater Group plc equity growth rate to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | GBX33.73 Million ≈ $4.10K |
-26.64% |
| 2024-03-31 | GBX45.98 Million ≈ $5.59K |
-4.46% |
| 2023-03-31 | GBX48.12 Million ≈ $5.86K |
-14.38% |
| 2022-03-31 | GBX56.21 Million ≈ $6.84K |
-0.50% |
| 2021-03-31 | GBX56.49 Million ≈ $6.87K |
+7.57% |
| 2020-03-31 | GBX52.51 Million ≈ $6.39K |
+6.40% |
| 2019-03-31 | GBX49.35 Million ≈ $6.00K |
+122.89% |
| 2018-03-31 | GBX22.14 Million ≈ $2.69K |
+195.99% |
| 2017-03-31 | GBX7.48 Million ≈ $910.22 |
+724.81% |
| 2016-03-31 | GBX907.00K ≈ $110.36 |
-10.02% |
| 2015-03-31 | GBX1.01 Million ≈ $122.64 |
-10.48% |
| 2014-03-31 | GBX1.13 Million ≈ $137.00 |
-32.00% |
| 2013-03-31 | GBX1.66 Million ≈ $201.49 |
-1.95% |
| 2012-03-31 | GBX1.69 Million ≈ $205.50 |
+147.87% |
| 2011-03-31 | GBX681.40K ≈ $82.91 |
-93.43% |
| 2010-03-31 | GBX10.37 Million ≈ $1.26K |
-63.10% |
| 2009-03-31 | GBX28.10 Million ≈ $3.42K |
-14.57% |
| 2008-03-31 | GBX32.89 Million ≈ $4.00K |
-1.55% |
| 2007-03-31 | GBX33.41 Million ≈ $4.06K |
+3230.61% |
| 2006-03-31 | GBX1.00 Million ≈ $122.04 |
-48.19% |
| 2005-03-31 | GBX1.94 Million ≈ $235.56 |
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Equity Component Analysis
This analysis shows how different components contribute to Shearwater 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 decreased by 4591600000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | GBX22.28 Million | 66.05% |
| Other Comprehensive Income | GBX23.13 Million | 68.58% |
| Other Components | GBX34.58 Million | 102.52% |
| Total Equity | GBX33.73 Million | 100.00% |
Shearwater Group plc Competitors by Market Cap
The table below lists competitors of Shearwater Group plc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Tavistock Investments Plc
LSE:TAVI
|
$158.26K |
|
MOBILITYONE LTD LS -025
F:31M
|
$158.28K |
|
aReit Prop Ltd
JSE:APO
|
$158.90K |
|
Residential Secure Income plc
LSE:RESI
|
$159.96K |
|
LEPU MED.T.B. SP.GDR O.N.
F:07Z0
|
$157.40K |
|
Orchard Funding Group PLC
LSE:ORCH
|
$157.19K |
|
Bumhan Fuel Cell Co. Ltd.
KQ:382900
|
$156.91K |
|
genedrive plc
LSE:GDR
|
$156.59K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shearwater Group plc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 45,976,000 to 33,730,000, a change of -12,246,000 (-26.6%).
- Net loss of 9,573,600 reduced equity.
- Other comprehensive income increased equity by 18,000.
- Other factors decreased equity by 2,690,400.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | GBX-9.57 Million | -28.38% |
| Other Comprehensive Income | GBX18.00K | +0.05% |
| Other Changes | GBX-2.69 Million | -7.98% |
| Total Change | GBX- | -26.64% |
Book Value vs Market Value Analysis
This analysis compares Shearwater 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: 38.50x
- 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 2.30x to 38.50x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-03-31 | GBX23.70 | GBX54.50 | x |
| 2006-03-31 | GBX10.52 | GBX54.50 | x |
| 2007-03-31 | GBX227.45 | GBX54.50 | x |
| 2008-03-31 | GBX72.13 | GBX54.50 | x |
| 2009-03-31 | GBX58.13 | GBX54.50 | x |
| 2010-03-31 | GBX21.45 | GBX54.50 | x |
| 2011-03-31 | GBX1.41 | GBX54.50 | x |
| 2012-03-31 | GBX1.48 | GBX54.50 | x |
| 2013-03-31 | GBX1.32 | GBX54.50 | x |
| 2014-03-31 | GBX0.79 | GBX54.50 | x |
| 2015-03-31 | GBX0.69 | GBX54.50 | x |
| 2016-03-31 | GBX0.53 | GBX54.50 | x |
| 2017-03-31 | GBX2.54 | GBX54.50 | x |
| 2018-03-31 | GBX2.41 | GBX54.50 | x |
| 2019-03-31 | GBX3.51 | GBX54.50 | x |
| 2020-03-31 | GBX2.39 | GBX54.50 | x |
| 2021-03-31 | GBX2.39 | GBX54.50 | x |
| 2022-03-31 | GBX2.36 | GBX54.50 | x |
| 2023-03-31 | GBX2.02 | GBX54.50 | x |
| 2024-03-31 | GBX1.93 | GBX54.50 | x |
| 2025-06-30 | GBX1.42 | GBX54.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shearwater 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): -28.38%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -30.26%
- • Asset Turnover: 0.59x
- • Equity Multiplier: 1.58x
- Recent ROE (-28.38%) is above the historical average (-34.19%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | -17.77% | 0.00% | 0.00x | 1.15x | GBX-537.60K |
| 2006 | -154.54% | 0.00% | 0.00x | 1.98x | GBX-1.65 Million |
| 2007 | -5.86% | 0.00% | 0.00x | 1.01x | GBX-5.30 Million |
| 2008 | -2.49% | 0.00% | 0.00x | 1.02x | GBX-4.11 Million |
| 2009 | -25.15% | 0.00% | 0.00x | 1.01x | GBX-9.87 Million |
| 2010 | -6.16% | 0.00% | 0.00x | 1.03x | GBX-1.68 Million |
| 2011 | -198.08% | 0.00% | 0.00x | 1.16x | GBX-1.42 Million |
| 2012 | -61.69% | 0.00% | 0.00x | 1.07x | GBX-1.21 Million |
| 2013 | -41.67% | 0.00% | 0.00x | 1.06x | GBX-855.60K |
| 2014 | -47.07% | 0.00% | 0.00x | 1.10x | GBX-642.60K |
| 2015 | -31.45% | 0.00% | 0.00x | 1.09x | GBX-417.80K |
| 2016 | -26.79% | 0.00% | 0.00x | 1.13x | GBX-333.70K |
| 2017 | -21.17% | 0.00% | 0.00x | 1.10x | GBX-2.33 Million |
| 2018 | -13.03% | -46.23% | 0.25x | 1.14x | GBX-5.10 Million |
| 2019 | -11.87% | -24.99% | 0.34x | 1.40x | GBX-10.80 Million |
| 2020 | -2.86% | -4.56% | 0.46x | 1.36x | GBX-6.76 Million |
| 2021 | 0.26% | 0.46% | 0.44x | 1.29x | GBX-5.50 Million |
| 2022 | -0.52% | -0.81% | 0.46x | 1.40x | GBX-5.91 Million |
| 2023 | -16.99% | -30.63% | 0.38x | 1.45x | GBX-12.99 Million |
| 2024 | -4.72% | -9.58% | 0.36x | 1.35x | GBX-6.77 Million |
| 2025 | -28.38% | -30.26% | 0.59x | 1.58x | GBX-12.95 Million |
Industry Comparison
This section compares Shearwater Group plc's net assets metrics with peer companies in the Software - Infrastructure industry.
Industry Context
- Industry: Software - Infrastructure
- Average net assets among peers: $24,770,326
- Average return on equity (ROE) among peers: -23.41%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shearwater Group plc (SWG) | GBX32.70 Million | -17.77% | 0.61x | $158.02K |
| Bango plc (BGO) | $1.76 Million | -207.11% | 3.46x | $585.94K |
| Beeks Trading Corporation Ltd (BKS) | $30.76 Million | 2.69% | 0.45x | $1.81 Million |
| Boku Inc (BOKU) | $111.44 Million | 25.94% | 1.49x | $4.28 Million |
| Bytes Technology Ltd (BYIT) | $33.62 Million | 24.06% | 2.44x | $12.96 Million |
| Cloudcoco Group PLC (CLCO) | $1.03 Million | -202.03% | 17.21x | $14.18K |
| Corero Network Security plc (CNS) | $10.68 Million | 5.84% | 0.32x | $782.06K |
| Catenai PLC (CTAI) | $-171.84K | 0.00% | 0.00x | $19.19K |
| Cykel AI PLC (CYK) | $-400.00K | 0.00% | 0.00x | $38.67K |
| W.A.G payment solutions plc (EWG) | $49.58 Million | 22.81% | 9.99x | $8.01 Million |
| Fonix Mobile plc (FNX) | $9.39 Million | 93.70% | 5.18x | $2.09 Million |
About Shearwater Group plc
Shearwater Group plc, together with its subsidiaries, provides cyber security, managed security, and professional advisory solutions for corporate clients in the United Kingdom, rest of Europe, North America, and internationally. It operates through two segments, Software and Services. The company offers SecurEnvoy, a software that provides identity and access management, data discovery, regulato… Read more