Spectris PLC (SXS) - Net Assets
Based on the latest financial reports, Spectris PLC (SXS) has net assets worth GBX1.30 Billion GBX (≈ $158.74K USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX2.44 Billion ≈ $297.38K USD) and total liabilities (GBX1.14 Billion ≈ $138.63K 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 financial resilience of Spectris PLC to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | GBX1.30 Billion |
| % of Total Assets | 53.38% |
| Annual Growth Rate | 11.78% |
| 5-Year Change | 13.19% |
| 10-Year Change | 42.92% |
| Growth Volatility | 325.24 |
Spectris PLC - Net Assets Trend (1985–2024)
This chart illustrates how Spectris PLC's net assets have evolved over time, based on quarterly financial data. Also explore how large is Spectris PLC's balance sheet for the complete picture of this company's asset base.
Annual Net Assets for Spectris PLC (1985–2024)
The table below shows the annual net assets of Spectris PLC from 1985 to 2024. For live valuation and market cap data, see market value of Spectris PLC.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | GBX1.38 Billion ≈ $167.98K |
+4.92% |
| 2023-12-31 | GBX1.32 Billion ≈ $160.11K |
-8.42% |
| 2022-12-31 | GBX1.44 Billion ≈ $174.83K |
+13.92% |
| 2021-12-31 | GBX1.26 Billion ≈ $153.46K |
+3.41% |
| 2020-12-31 | GBX1.22 Billion ≈ $148.40K |
-7.70% |
| 2019-12-31 | GBX1.32 Billion ≈ $160.79K |
+7.19% |
| 2018-12-31 | GBX1.23 Billion ≈ $150.01K |
+2.39% |
| 2017-12-31 | GBX1.20 Billion ≈ $146.50K |
+12.81% |
| 2016-12-31 | GBX1.07 Billion ≈ $129.87K |
+10.50% |
| 2015-12-31 | GBX966.00 Million ≈ $117.53K |
+5.46% |
| 2014-12-31 | GBX916.00 Million ≈ $111.45K |
+8.52% |
| 2013-12-31 | GBX844.10 Million ≈ $102.70K |
+22.14% |
| 2012-12-31 | GBX691.10 Million ≈ $84.09K |
+14.38% |
| 2011-12-31 | GBX604.20 Million ≈ $73.51K |
+17.64% |
| 2010-12-31 | GBX513.60 Million ≈ $62.49K |
+19.19% |
| 2009-12-31 | GBX430.90 Million ≈ $52.43K |
-2.78% |
| 2008-12-31 | GBX443.20 Million ≈ $53.92K |
+46.37% |
| 2007-12-31 | GBX302.80 Million ≈ $36.84K |
+2.96% |
| 2006-12-31 | GBX294.10 Million ≈ $35.78K |
+15.11% |
| 2005-12-31 | GBX255.50 Million ≈ $31.09K |
+8.82% |
| 2004-12-31 | GBX234.80 Million ≈ $28.57K |
+16.58% |
| 2003-12-31 | GBX201.40 Million ≈ $24.50K |
+1.87% |
| 2002-12-31 | GBX197.70 Million ≈ $24.05K |
+37.48% |
| 2001-12-31 | GBX143.80 Million ≈ $17.50K |
+20.03% |
| 2000-12-31 | GBX119.80 Million ≈ $14.58K |
+360.03% |
| 1999-12-31 | GBX26.04 Million ≈ $3.17K |
+1921.89% |
| 1998-12-31 | GBX1.29 Million ≈ $156.71 |
+108.89% |
| 1997-12-31 | GBX-14.49 Million ≈ $-1.76K |
-19.29% |
| 1996-12-31 | GBX-12.15 Million ≈ $-1.48K |
-136.36% |
| 1995-12-31 | GBX33.41 Million ≈ $4.07K |
+6.69% |
| 1994-12-31 | GBX31.32 Million ≈ $3.81K |
-28.18% |
| 1993-12-31 | GBX43.61 Million ≈ $5.31K |
+11.40% |
| 1992-12-31 | GBX39.14 Million ≈ $4.76K |
-2.66% |
| 1991-12-31 | GBX40.21 Million ≈ $4.89K |
-5.78% |
| 1990-12-31 | GBX42.68 Million ≈ $5.19K |
+15.03% |
| 1989-12-31 | GBX37.10 Million ≈ $4.51K |
+18.22% |
| 1988-12-31 | GBX31.39 Million ≈ $3.82K |
+353.34% |
| 1987-12-31 | GBX6.92 Million ≈ $842.33 |
+166.64% |
| 1986-12-31 | GBX-10.39 Million ≈ $-1.26K |
-157.83% |
| 1985-12-31 | GBX17.96 Million ≈ $2.19K |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Spectris 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 113840000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | GBX1.14 Billion | 82.46% |
| Common Stock | GBX5.20 Million | 0.38% |
| Other Comprehensive Income | GBX5.60 Million | 0.41% |
| Other Components | GBX231.40 Million | 16.76% |
| Total Equity | GBX1.38 Billion | 100.00% |
Spectris PLC Competitors by Market Cap
The table below lists competitors of Spectris PLC ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
IFirma SA
WAR:IFI
|
$51.08 Million |
|
Vietnam National Seed Group JSC
VN:NSC
|
$51.08 Million |
|
CHUNGDAHM Learning Inc
KQ:096240
|
$51.09 Million |
|
Xander International
TWO:6118
|
$51.11 Million |
|
NDFOS Co. Ltd
KQ:238090
|
$51.06 Million |
|
Demco Public Company Limited
BK:DEMCO
|
$51.03 Million |
|
Sentry Select Primary Metals Corp
TO:PME
|
$50.99 Million |
|
JHM Consolidation Bhd
KLSE:0127
|
$50.97 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Spectris PLC's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,315,900,000 to 1,380,600,000, a change of 64,700,000 (4.9%).
- Net income of 233,200,000 contributed positively to equity growth.
- Dividend payments of 80,500,000 reduced retained earnings.
- Share repurchases of 96,700,000 reduced equity.
- New share issuances of 500,000 increased equity.
- Other comprehensive income decreased equity by 43,600,001.
- Other factors increased equity by 51,800,001.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | GBX233.20 Million | +16.89% |
| Dividends Paid | GBX80.50 Million | -5.83% |
| Share Repurchases | GBX96.70 Million | -7.0% |
| Share Issuances | GBX500.00K | +0.04% |
| Other Comprehensive Income | GBX-43.60 Million | -3.16% |
| Other Changes | GBX51.80 Million | +3.75% |
| Total Change | GBX- | 4.92% |
Book Value vs Market Value Analysis
This analysis compares Spectris 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: 303.31x
- 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 7973.91x to 303.31x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1985-12-31 | GBX0.52 | GBX4142.00 | x |
| 1986-12-31 | GBX-0.29 | GBX4142.00 | x |
| 1987-12-31 | GBX-0.06 | GBX4142.00 | x |
| 1988-12-31 | GBX0.49 | GBX4142.00 | x |
| 1989-12-31 | GBX0.55 | GBX4142.00 | x |
| 1990-12-31 | GBX0.63 | GBX4142.00 | x |
| 1991-12-31 | GBX0.58 | GBX4142.00 | x |
| 1992-12-31 | GBX0.54 | GBX4142.00 | x |
| 1993-12-31 | GBX0.57 | GBX4142.00 | x |
| 1994-12-31 | GBX0.40 | GBX4142.00 | x |
| 1995-12-31 | GBX0.40 | GBX4142.00 | x |
| 1996-12-31 | GBX-0.13 | GBX4142.00 | x |
| 1997-12-31 | GBX-0.14 | GBX4142.00 | x |
| 1998-12-31 | GBX0.01 | GBX4142.00 | x |
| 1999-12-31 | GBX0.27 | GBX4142.00 | x |
| 2000-12-31 | GBX1.15 | GBX4142.00 | x |
| 2001-12-31 | GBX1.30 | GBX4142.00 | x |
| 2002-12-31 | GBX1.65 | GBX4142.00 | x |
| 2003-12-31 | GBX1.57 | GBX4142.00 | x |
| 2004-12-31 | GBX1.94 | GBX4142.00 | x |
| 2005-12-31 | GBX2.09 | GBX4142.00 | x |
| 2006-12-31 | GBX2.36 | GBX4142.00 | x |
| 2007-12-31 | GBX2.48 | GBX4142.00 | x |
| 2008-12-31 | GBX3.81 | GBX4142.00 | x |
| 2009-12-31 | GBX3.72 | GBX4142.00 | x |
| 2010-12-31 | GBX4.35 | GBX4142.00 | x |
| 2011-12-31 | GBX5.12 | GBX4142.00 | x |
| 2012-12-31 | GBX5.83 | GBX4142.00 | x |
| 2013-12-31 | GBX7.11 | GBX4142.00 | x |
| 2014-12-31 | GBX7.69 | GBX4142.00 | x |
| 2015-12-31 | GBX8.10 | GBX4142.00 | x |
| 2016-12-31 | GBX8.92 | GBX4142.00 | x |
| 2017-12-31 | GBX10.06 | GBX4142.00 | x |
| 2018-12-31 | GBX10.45 | GBX4142.00 | x |
| 2019-12-31 | GBX11.38 | GBX4142.00 | x |
| 2020-12-31 | GBX10.51 | GBX4142.00 | x |
| 2021-12-31 | GBX11.05 | GBX4142.00 | x |
| 2022-12-31 | GBX13.27 | GBX4142.00 | x |
| 2023-12-31 | GBX12.62 | GBX4142.00 | x |
| 2024-12-31 | GBX13.66 | GBX4142.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Spectris 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): 16.89%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 17.96%
- • Asset Turnover: 0.51x
- • Equity Multiplier: 1.85x
- Recent ROE (16.89%) is below the historical average (104.18%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1985 | 33.61% | 7.69% | 1.02x | 4.30x | GBX4.24 Million |
| 1986 | 0.00% | 4.22% | 1.19x | 0.00x | GBX4.21 Million |
| 1987 | 0.00% | 2.54% | 1.64x | 0.00x | GBX2.35 Million |
| 1988 | 17.96% | 6.87% | 1.45x | 1.80x | GBX2.50 Million |
| 1989 | 22.80% | 10.17% | 1.28x | 1.75x | GBX4.75 Million |
| 1990 | 21.36% | 10.60% | 1.25x | 1.62x | GBX4.85 Million |
| 1991 | 26.80% | 12.06% | 1.23x | 1.80x | GBX6.71 Million |
| 1992 | 30.02% | 11.26% | 1.26x | 2.11x | GBX7.84 Million |
| 1993 | 32.27% | 10.81% | 1.34x | 2.23x | GBX9.71 Million |
| 1994 | 54.92% | 11.85% | 1.36x | 3.41x | GBX14.07 Million |
| 1995 | 66.81% | 11.37% | 1.78x | 3.30x | GBX18.98 Million |
| 1996 | 0.00% | 11.61% | 1.89x | 0.00x | GBX29.84 Million |
| 1997 | 0.00% | 10.98% | 1.94x | 0.00x | GBX36.65 Million |
| 1998 | 3337.89% | 16.30% | 1.81x | 113.14x | GBX42.86 Million |
| 1999 | 121.71% | 11.51% | 1.43x | 7.38x | GBX29.09 Million |
| 2000 | 22.87% | 5.91% | 1.00x | 3.86x | GBX15.42 Million |
| 2001 | 28.93% | 7.66% | 1.14x | 3.32x | GBX27.22 Million |
| 2002 | 8.11% | 3.12% | 0.84x | 3.11x | GBX-3.57 Million |
| 2003 | 13.73% | 4.58% | 0.96x | 3.11x | GBX7.06 Million |
| 2004 | 10.05% | 3.84% | 0.97x | 2.70x | GBX120.00K |
| 2005 | 13.78% | 5.87% | 0.89x | 2.64x | GBX9.65 Million |
| 2006 | 20.88% | 8.97% | 1.08x | 2.15x | GBX31.99 Million |
| 2007 | 28.47% | 12.90% | 1.03x | 2.14x | GBX55.92 Million |
| 2008 | 18.30% | 10.30% | 0.82x | 2.16x | GBX36.78 Million |
| 2009 | 9.89% | 5.41% | 0.93x | 1.96x | GBX-490.00K |
| 2010 | 18.73% | 10.67% | 0.93x | 1.89x | GBX44.84 Million |
| 2011 | 20.90% | 11.42% | 0.81x | 2.26x | GBX65.88 Million |
| 2012 | 20.29% | 11.39% | 0.92x | 1.93x | GBX71.09 Million |
| 2013 | 23.69% | 16.64% | 0.92x | 1.55x | GBX115.59 Million |
| 2014 | 14.75% | 11.51% | 0.83x | 1.54x | GBX43.50 Million |
| 2015 | 11.78% | 9.56% | 0.82x | 1.51x | GBX17.20 Million |
| 2016 | 0.96% | 0.77% | 0.78x | 1.62x | GBX-96.44 Million |
| 2017 | 19.50% | 15.39% | 0.85x | 1.49x | GBX114.39 Million |
| 2018 | 15.02% | 11.54% | 0.77x | 1.70x | GBX61.91 Million |
| 2019 | 17.71% | 14.32% | 0.83x | 1.49x | GBX101.95 Million |
| 2020 | -1.39% | -1.27% | 0.74x | 1.47x | GBX-138.97 Million |
| 2021 | 27.50% | 29.89% | 0.66x | 1.40x | GBX220.77 Million |
| 2022 | 8.70% | 9.39% | 0.68x | 1.36x | GBX-18.69 Million |
| 2023 | 11.05% | 10.03% | 0.80x | 1.38x | GBX13.81 Million |
| 2024 | 16.89% | 17.96% | 0.51x | 1.85x | GBX95.14 Million |
Industry Comparison
This section compares Spectris PLC's net assets metrics with peer companies in the Scientific & Technical Instruments industry.
Industry Context
- Industry: Scientific & Technical Instruments
- Average net assets among peers: $22,233,095
- Average return on equity (ROE) among peers: 4.32%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Spectris PLC (SXS) | GBX1.30 Billion | 33.61% | 0.87x | $51.08 Million |
| Judges Scientific Plc (JDG) | $22.75 Million | 0.36% | 1.56x | $3.77 Million |
| Kromek Group PLC (KMK) | $49.35 Million | -6.67% | 0.42x | $856.84K |
| Ondo InsurTech PLC (ONDO) | $-960.00K | 0.00% | 0.00x | $68.36K |
| Oxford Instruments PLC (OXIG) | $55.80 Million | -2.69% | 1.41x | $19.51 Million |
| PipeHawk plc (PIP) | $-6.39 Million | 0.00% | 0.00x | $12.15K |
| Quartix Holdings Plc (QTX) | $19.60 Million | 24.31% | 0.55x | $1.53 Million |
| Renishaw PLC (RSW) | $44.90 Million | 11.16% | 0.57x | $42.09 Million |
| SDI Group plc (SDI) | $2.12 Million | 9.04% | 1.00x | $954.26K |
| SRT Marine Systems plc (SRT) | $12.92 Million | 3.36% | 0.32x | $2.50 Million |
About Spectris PLC
Spectris plc provides precision measurement solutions. It operates through Spectris Scientific and Spectris Dynamics segments. The Spectris Scientific segment provides advanced measurement and materials characterization; and monitoring solutions for ultra-clean manufacturers. The Spectris Dynamics segment offers differentiated sensing, data acquisition, analysis modelling, and simulation solution… Read more