Treatt PLC (TET) - Net Assets
Based on the latest financial reports, Treatt PLC (TET) has net assets worth GBX136.01 Million GBX (≈ $16.55K USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX168.67 Million ≈ $20.52K USD) and total liabilities (GBX32.65 Million ≈ $3.97K 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. Also explore TET current and non-current assets for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | GBX136.01 Million |
| % of Total Assets | 80.64% |
| Annual Growth Rate | 10.11% |
| 5-Year Change | 26.75% |
| 10-Year Change | 262.33% |
| Growth Volatility | 12.59 |
Treatt PLC - Net Assets Trend (1985–2025)
This chart illustrates how Treatt PLC's net assets have evolved over time, based on quarterly financial data. Check Treatt PLC (TET) tangible net worth to evaluate the tangible quality of the company's equity base.
Annual Net Assets for Treatt PLC (1985–2025)
The table below shows the annual net assets of Treatt PLC from 1985 to 2025. For live valuation and market cap data, see market cap of Treatt PLC.
| Year | Net Assets | Change |
|---|---|---|
| 2025-09-30 | GBX134.74 Million ≈ $16.39K |
-5.12% |
| 2024-09-30 | GBX142.01 Million ≈ $17.28K |
+3.47% |
| 2023-09-30 | GBX137.25 Million ≈ $16.70K |
+2.54% |
| 2022-09-30 | GBX133.85 Million ≈ $16.29K |
+25.92% |
| 2021-09-30 | GBX106.30 Million ≈ $12.93K |
+16.66% |
| 2020-09-30 | GBX91.12 Million ≈ $11.09K |
+4.61% |
| 2019-09-30 | GBX87.11 Million ≈ $10.60K |
+6.72% |
| 2018-09-30 | GBX81.62 Million ≈ $9.93K |
+75.62% |
| 2017-09-30 | GBX46.48 Million ≈ $5.66K |
+24.98% |
| 2016-09-30 | GBX37.19 Million ≈ $4.52K |
+12.06% |
| 2015-09-30 | GBX33.19 Million ≈ $4.04K |
+15.39% |
| 2014-09-30 | GBX28.76 Million ≈ $3.50K |
+4.80% |
| 2013-09-30 | GBX27.44 Million ≈ $3.34K |
+5.54% |
| 2012-09-30 | GBX26.00 Million ≈ $3.16K |
+1.77% |
| 2011-09-30 | GBX25.55 Million ≈ $3.11K |
+13.47% |
| 2010-09-30 | GBX22.52 Million ≈ $2.74K |
-0.96% |
| 2009-09-30 | GBX22.74 Million ≈ $2.77K |
+5.29% |
| 2008-09-30 | GBX21.59 Million ≈ $2.63K |
+5.86% |
| 2007-09-30 | GBX20.40 Million ≈ $2.48K |
+12.44% |
| 2006-09-30 | GBX18.14 Million ≈ $2.21K |
+5.35% |
| 2005-09-30 | GBX17.22 Million ≈ $2.10K |
-0.61% |
| 2004-09-30 | GBX17.32 Million ≈ $2.11K |
+0.56% |
| 2003-09-30 | GBX17.23 Million ≈ $2.10K |
+1.75% |
| 2002-09-30 | GBX16.93 Million ≈ $2.06K |
+3.51% |
| 2001-09-30 | GBX16.36 Million ≈ $1.99K |
+7.46% |
| 2000-09-30 | GBX15.22 Million ≈ $1.85K |
+10.64% |
| 1999-09-30 | GBX13.76 Million ≈ $1.67K |
+9.18% |
| 1998-09-30 | GBX12.60 Million ≈ $1.53K |
+7.17% |
| 1997-09-30 | GBX11.76 Million ≈ $1.43K |
+1.50% |
| 1996-09-30 | GBX11.58 Million ≈ $1.41K |
+20.17% |
| 1995-09-30 | GBX9.64 Million ≈ $1.17K |
+21.86% |
| 1994-09-30 | GBX7.91 Million ≈ $962.54 |
+15.12% |
| 1993-09-30 | GBX6.87 Million ≈ $836.12 |
+12.10% |
| 1992-09-30 | GBX6.13 Million ≈ $745.84 |
+9.74% |
| 1991-09-30 | GBX5.59 Million ≈ $679.65 |
+9.21% |
| 1990-09-30 | GBX5.12 Million ≈ $622.35 |
+7.59% |
| 1989-09-30 | GBX4.75 Million ≈ $578.42 |
+20.51% |
| 1988-09-30 | GBX3.94 Million ≈ $479.99 |
+15.32% |
| 1987-09-30 | GBX3.42 Million ≈ $416.24 |
+10.04% |
| 1986-09-30 | GBX3.11 Million ≈ $378.28 |
+8.59% |
| 1985-09-30 | GBX2.86 Million ≈ $348.34 |
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Equity Component Analysis
This analysis shows how different components contribute to Treatt 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 4337.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (September 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | GBX109.29 Million | 81.12% |
| Common Stock | GBX1.23 Million | 0.91% |
| Other Comprehensive Income | GBX774.00K | 0.57% |
| Other Components | GBX23.45 Million | 17.40% |
| Total Equity | GBX134.74 Million | 100.00% |
Treatt PLC Competitors by Market Cap
The table below lists competitors of Treatt PLC ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Netmedia Group S.A.
PA:ALNMG
|
$2.19 Million |
|
UNITED OIL+GAS PLC LS-01
F:1UO
|
$2.20 Million |
|
Avrupa Minerals Ltd
V:AVU
|
$2.20 Million |
|
CCSC Technology International Holdings Limited Ordinary Shares
NASDAQ:CCTG
|
$2.20 Million |
|
Literacy Capital PLC
LSE:BOOK
|
$2.19 Million |
|
Decoy Therapeutics Inc.
NASDAQ:DCOY
|
$2.19 Million |
|
Shrenik Limited
NSE:SHRENIK
|
$2.18 Million |
|
Brown Advisory US Smaller Companies PLC
LSE:BASC
|
$2.18 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Treatt PLC's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 142,014,000 to 134,739,000, a change of -7,275,000 (-5.1%).
- Net income of 5,064,000 contributed positively to equity growth.
- Dividend payments of 5,147,000 reduced retained earnings.
- Share repurchases of 5,000,000 reduced equity.
- New share issuances of 107,000 increased equity.
- Other comprehensive income decreased equity by 380,000.
- Other factors decreased equity by 1,919,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | GBX5.06 Million | +3.76% |
| Dividends Paid | GBX5.15 Million | -3.82% |
| Share Repurchases | GBX5.00 Million | -3.71% |
| Share Issuances | GBX107.00K | +0.08% |
| Other Comprehensive Income | GBX-380.00K | -0.28% |
| Other Changes | GBX-1.92 Million | -1.42% |
| Total Change | GBX- | -5.12% |
Book Value vs Market Value Analysis
This analysis compares Treatt 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: 137.12x
- 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 2130.63x to 137.12x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1985-09-30 | GBX0.14 | GBX305.00 | x |
| 1986-09-30 | GBX0.16 | GBX305.00 | x |
| 1987-09-30 | GBX0.17 | GBX305.00 | x |
| 1988-09-30 | GBX0.20 | GBX305.00 | x |
| 1989-09-30 | GBX0.14 | GBX305.00 | x |
| 1990-09-30 | GBX0.11 | GBX305.00 | x |
| 1991-09-30 | GBX0.12 | GBX305.00 | x |
| 1992-09-30 | GBX0.13 | GBX305.00 | x |
| 1993-09-30 | GBX0.15 | GBX305.00 | x |
| 1994-09-30 | GBX0.17 | GBX305.00 | x |
| 1995-09-30 | GBX0.20 | GBX305.00 | x |
| 1996-09-30 | GBX0.23 | GBX305.00 | x |
| 1997-09-30 | GBX0.23 | GBX305.00 | x |
| 1998-09-30 | GBX0.25 | GBX305.00 | x |
| 1999-09-30 | GBX0.27 | GBX305.00 | x |
| 2000-09-30 | GBX0.30 | GBX305.00 | x |
| 2001-09-30 | GBX0.32 | GBX305.00 | x |
| 2002-09-30 | GBX0.33 | GBX305.00 | x |
| 2003-09-30 | GBX0.33 | GBX305.00 | x |
| 2004-09-30 | GBX0.34 | GBX305.00 | x |
| 2005-09-30 | GBX0.34 | GBX305.00 | x |
| 2006-09-30 | GBX0.36 | GBX305.00 | x |
| 2007-09-30 | GBX0.40 | GBX305.00 | x |
| 2008-09-30 | GBX0.42 | GBX305.00 | x |
| 2009-09-30 | GBX0.45 | GBX305.00 | x |
| 2010-09-30 | GBX0.44 | GBX305.00 | x |
| 2011-09-30 | GBX0.50 | GBX305.00 | x |
| 2012-09-30 | GBX0.51 | GBX305.00 | x |
| 2013-09-30 | GBX0.53 | GBX305.00 | x |
| 2014-09-30 | GBX0.56 | GBX305.00 | x |
| 2015-09-30 | GBX0.64 | GBX305.00 | x |
| 2016-09-30 | GBX0.71 | GBX305.00 | x |
| 2017-09-30 | GBX0.86 | GBX305.00 | x |
| 2018-09-30 | GBX1.40 | GBX305.00 | x |
| 2019-09-30 | GBX1.45 | GBX305.00 | x |
| 2020-09-30 | GBX1.51 | GBX305.00 | x |
| 2021-09-30 | GBX1.75 | GBX305.00 | x |
| 2022-09-30 | GBX2.19 | GBX305.00 | x |
| 2023-09-30 | GBX2.25 | GBX305.00 | x |
| 2024-09-30 | GBX2.32 | GBX305.00 | x |
| 2025-09-30 | GBX2.22 | GBX305.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Treatt 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): 3.76%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.82%
- • Asset Turnover: 0.79x
- • Equity Multiplier: 1.25x
- Recent ROE (3.76%) is below the historical average (12.51%), 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 | 8.91% | 2.44% | 1.73x | 2.11x | GBX-31.30K |
| 1986 | 10.23% | 3.36% | 2.06x | 1.48x | GBX7.10K |
| 1987 | 11.69% | 4.31% | 1.82x | 1.49x | GBX57.90K |
| 1988 | 18.15% | 6.94% | 1.49x | 1.75x | GBX321.50K |
| 1989 | 18.81% | 7.48% | 1.74x | 1.44x | GBX418.60K |
| 1990 | 13.26% | 6.16% | 1.46x | 1.47x | GBX166.10K |
| 1991 | 14.38% | 7.14% | 1.33x | 1.52x | GBX244.40K |
| 1992 | 14.39% | 5.83% | 1.75x | 1.41x | GBX269.00K |
| 1993 | 16.82% | 7.51% | 1.45x | 1.55x | GBX468.80K |
| 1994 | 16.96% | 7.16% | 1.43x | 1.66x | GBX550.90K |
| 1995 | 23.44% | 7.85% | 1.51x | 1.98x | GBX1.30 Million |
| 1996 | 9.12% | 3.59% | 1.73x | 1.46x | GBX-102.40K |
| 1997 | 7.70% | 4.01% | 1.39x | 1.38x | GBX-270.80K |
| 1998 | 12.45% | 7.11% | 1.26x | 1.39x | GBX308.90K |
| 1999 | 13.55% | 8.31% | 1.20x | 1.36x | GBX488.20K |
| 2000 | 12.75% | 8.04% | 1.23x | 1.29x | GBX418.80K |
| 2001 | 11.96% | 7.07% | 1.12x | 1.51x | GBX321.30K |
| 2002 | 8.73% | 4.81% | 1.17x | 1.55x | GBX-215.10K |
| 2003 | 8.15% | 4.43% | 1.19x | 1.55x | GBX-318.80K |
| 2004 | 9.81% | 5.34% | 1.29x | 1.43x | GBX-33.50K |
| 2005 | 13.57% | 7.18% | 1.19x | 1.59x | GBX614.00K |
| 2006 | 12.85% | 6.59% | 1.17x | 1.67x | GBX517.90K |
| 2007 | 9.94% | 5.32% | 1.06x | 1.77x | GBX-12.70K |
| 2008 | 9.16% | 3.99% | 1.07x | 2.15x | GBX-180.70K |
| 2009 | 10.93% | 4.41% | 1.27x | 1.95x | GBX211.30K |
| 2010 | 2.90% | 1.03% | 1.35x | 2.08x | GBX-1.60 Million |
| 2011 | 17.02% | 5.83% | 1.53x | 1.91x | GBX1.79 Million |
| 2012 | 11.81% | 4.15% | 1.42x | 2.01x | GBX471.70K |
| 2013 | 12.68% | 4.70% | 1.41x | 1.92x | GBX734.70K |
| 2014 | 13.73% | 4.99% | 1.38x | 1.99x | GBX1.07 Million |
| 2015 | 18.05% | 6.97% | 1.47x | 1.76x | GBX2.67 Million |
| 2016 | 16.54% | 6.98% | 1.25x | 1.90x | GBX2.43 Million |
| 2017 | 20.54% | 8.71% | 1.25x | 1.89x | GBX4.90 Million |
| 2018 | 14.98% | 10.90% | 0.90x | 1.52x | GBX4.07 Million |
| 2019 | 10.09% | 7.80% | 0.87x | 1.49x | GBX77.30K |
| 2020 | 10.72% | 8.96% | 0.88x | 1.36x | GBX653.00K |
| 2021 | 14.25% | 12.18% | 0.83x | 1.41x | GBX4.52 Million |
| 2022 | 9.95% | 9.50% | 0.74x | 1.41x | GBX-70.00K |
| 2023 | 7.97% | 7.42% | 0.84x | 1.28x | GBX-2.78 Million |
| 2024 | 10.14% | 9.41% | 0.90x | 1.20x | GBX199.60K |
| 2025 | 3.76% | 3.82% | 0.79x | 1.25x | GBX-8.41 Million |
Industry Comparison
This section compares Treatt PLC's net assets metrics with peer companies in the Specialty Chemicals industry.
Industry Context
- Industry: Specialty Chemicals
- Average net assets among peers: $327,674,356
- Average return on equity (ROE) among peers: -21.76%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Treatt PLC (TET) | GBX136.01 Million | 8.91% | 0.24x | $2.19 Million |
| Biome Technologies Plc (BIOM) | $4.52 Million | -28.12% | 0.27x | $62.73K |
| Croda International PLC (CRDA) | $180.30 Million | 17.86% | 1.13x | $54.43 Million |
| Directa Plus PLC (DCTA) | $10.83 Million | -44.54% | 0.53x | $85.76K |
| Elementis PLC (ELM) | $1.00 Billion | 14.45% | 1.05x | $12.25 Million |
| Essentra PLC (ESNT) | $628.90 Million | 4.28% | 1.04x | $3.61 Million |
| Haydale Graphene Industries (HAYD) | $7.05 Million | -68.23% | 1.05x | $131.49K |
| Hardide PLC (HDD) | $485.00K | -97.73% | 2.30x | $992.49K |
| Iofina plc (IOF) | $20.66 Million | 6.19% | 0.93x | $1.32 Million |
| Itaconix plc (ITX) | $19.28 Million | -34.67% | 0.15x | $289.61K |
| Johnson Matthey PLC (JMAT) | $1.40 Billion | 12.93% | 1.32x | $40.61 Million |
About Treatt PLC
Treatt plc, together with its subsidiaries, manufactures and supplies various natural extracts for beverage, flavor, and fragrance markets in the United Kingdom, Germany, Ireland, Europe, the United States, China, and internationally. The company offers beverages, such as carbonates; juices; energy waters; RTD coffee and tea; kombucha; healthy sodas; sports; beers; spirits; flavored alcoholic bev… Read more