FW Thorpe PLC (TFW) - Net Assets

Latest as of December 2025: GBX186.05 Million GBX ≈ $22.64K USD

Based on the latest financial reports, FW Thorpe PLC (TFW) has net assets worth GBX186.05 Million GBX (≈ $22.64K USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX238.53 Million ≈ $29.02K USD) and total liabilities (GBX52.49 Million ≈ $6.39K 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 FW Thorpe PLC (TFW) liquid assets ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric Value
Current Net Assets GBX186.05 Million
% of Total Assets 78.0%
Annual Growth Rate 9.88%
5-Year Change 38.54%
10-Year Change 109.24%
Growth Volatility 5.16

FW Thorpe PLC - Net Assets Trend (1986–2025)

This chart illustrates how FW Thorpe PLC's net assets have evolved over time, based on quarterly financial data. Also explore TFW total asset value for the complete picture of this company's asset base.

Annual Net Assets for FW Thorpe PLC (1986–2025)

The table below shows the annual net assets of FW Thorpe PLC from 1986 to 2025. For live valuation and market cap data, see FW Thorpe PLC (TFW) total market value.

Year Net Assets Change
2025-06-30 GBX189.79 Million
≈ $23.09K		 +7.37%
2024-06-30 GBX176.76 Million
≈ $21.51K		 +10.24%
2023-06-30 GBX160.34 Million
≈ $19.51K		 +10.31%
2022-06-30 GBX145.35 Million
≈ $17.69K		 +6.10%
2021-06-30 GBX136.99 Million
≈ $16.67K		 +6.77%
2020-06-30 GBX128.30 Million
≈ $15.61K		 +5.03%
2019-06-30 GBX122.16 Million
≈ $14.86K		 +8.83%
2018-06-30 GBX112.25 Million
≈ $13.66K		 +10.82%
2017-06-30 GBX101.29 Million
≈ $12.32K		 +11.67%
2016-06-30 GBX90.71 Million
≈ $11.04K		 +9.46%
2015-06-30 GBX82.86 Million
≈ $10.08K		 +7.22%
2014-06-30 GBX77.29 Million
≈ $9.40K		 +6.54%
2013-06-30 GBX72.54 Million
≈ $8.83K		 +8.57%
2012-06-30 GBX66.81 Million
≈ $8.13K		 +14.24%
2011-06-30 GBX58.48 Million
≈ $7.12K		 +15.50%
2010-06-30 GBX50.64 Million
≈ $6.16K		 +10.67%
2009-06-30 GBX45.76 Million
≈ $5.57K		 +9.82%
2008-06-30 GBX41.66 Million
≈ $5.07K		 +16.40%
2007-06-30 GBX35.80 Million
≈ $4.36K		 +18.92%
2006-06-30 GBX30.10 Million
≈ $3.66K		 +19.84%
2005-06-30 GBX25.12 Million
≈ $3.06K		 +1.50%
2004-06-30 GBX24.75 Million
≈ $3.01K		 +13.47%
2003-06-30 GBX21.81 Million
≈ $2.65K		 +9.57%
2002-06-30 GBX19.90 Million
≈ $2.42K		 +0.14%
2001-06-30 GBX19.88 Million
≈ $2.42K		 +6.79%
2000-06-30 GBX18.61 Million
≈ $2.26K		 +0.67%
1999-06-30 GBX18.49 Million
≈ $2.25K		 +2.52%
1998-06-30 GBX18.04 Million
≈ $2.19K		 +13.34%
1997-06-30 GBX15.91 Million
≈ $1.94K		 +10.58%
1996-06-30 GBX14.39 Million
≈ $1.75K		 +6.08%
1995-06-30 GBX13.56 Million
≈ $1.65K		 +14.18%
1994-06-30 GBX11.88 Million
≈ $1.45K		 +13.72%
1993-06-30 GBX10.45 Million
≈ $1.27K		 +5.04%
1992-06-30 GBX9.95 Million
≈ $1.21K		 +9.96%
1991-06-30 GBX9.04 Million
≈ $1.10K		 +9.41%
1990-06-30 GBX8.27 Million
≈ $1.01K		 +4.22%
1989-06-30 GBX7.93 Million
≈ $965.10		 +23.03%
1988-06-30 GBX6.45 Million
≈ $784.41		 +15.66%
1987-06-30 GBX5.57 Million
≈ $678.19		 +15.76%
1986-06-30 GBX4.82 Million
≈ $585.85		 --

Equity Component Analysis

This analysis shows how different components contribute to FW Thorpe 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 3965.4% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (June 2025)

Component Amount Percentage
Retained Earnings GBX182.94 Million 96.39%
Common Stock GBX1.19 Million 0.63%
Other Comprehensive Income GBX2.55 Million 1.34%
Other Components GBX3.11 Million 1.64%
Total Equity GBX189.79 Million 100.00%

FW Thorpe PLC Competitors by Market Cap

The table below lists competitors of FW Thorpe PLC ranked by their market capitalization.

Company Market Cap
Bioter S.A.
AT:BIOT
 $3.45 Million
Bubalus Resources Ltd
AU:BUS
 $3.45 Million
Pool Safe Inc
V:POOL
 $3.45 Million
SIGNATURE RESOURCES NEW
F:3S30
 $3.45 Million
Silver Spruce Resources Inc
V:SSE
 $3.44 Million
Vanquis Banking Group PLC
LSE:VANQ
 $3.44 Million
H&T Group plc
LSE:HAT
 $3.44 Million
Alzamend Neuro Inc
NASDAQ:ALZN
 $3.43 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in FW Thorpe PLC's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 176,762,000 to 189,793,000, a change of 13,031,000 (7.4%).
  • Net income of 25,412,000 contributed positively to equity growth.
  • Dividend payments of 10,958,000 reduced retained earnings.
  • Share repurchases of 3,135,000 reduced equity.
  • Other comprehensive income increased equity by 887,000.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income GBX25.41 Million +13.39%
Dividends Paid GBX10.96 Million -5.77%
Share Repurchases GBX3.13 Million -1.65%
Other Comprehensive Income GBX887.00K +0.47%
Other Changes GBX825.00K +0.43%
Total Change GBX- 7.37%

Book Value vs Market Value Analysis

This analysis compares FW Thorpe 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: 154.30x
  • 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 6375.91x to 154.30x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1986-06-30 GBX0.04 GBX250.00 x
1987-06-30 GBX0.05 GBX250.00 x
1988-06-30 GBX0.05 GBX250.00 x
1989-06-30 GBX0.06 GBX250.00 x
1990-06-30 GBX0.07 GBX250.00 x
1991-06-30 GBX0.07 GBX250.00 x
1992-06-30 GBX0.08 GBX250.00 x
1993-06-30 GBX0.08 GBX250.00 x
1994-06-30 GBX0.10 GBX250.00 x
1995-06-30 GBX0.11 GBX250.00 x
1996-06-30 GBX0.11 GBX250.00 x
1997-06-30 GBX0.12 GBX250.00 x
1998-06-30 GBX0.14 GBX250.00 x
1999-06-30 GBX0.14 GBX250.00 x
2000-06-30 GBX0.15 GBX250.00 x
2001-06-30 GBX0.17 GBX250.00 x
2002-06-30 GBX0.17 GBX250.00 x
2003-06-30 GBX0.18 GBX250.00 x
2004-06-30 GBX0.21 GBX250.00 x
2005-06-30 GBX0.21 GBX250.00 x
2006-06-30 GBX0.25 GBX250.00 x
2007-06-30 GBX0.30 GBX250.00 x
2008-06-30 GBX0.35 GBX250.00 x
2009-06-30 GBX0.39 GBX250.00 x
2010-06-30 GBX0.43 GBX250.00 x
2011-06-30 GBX0.50 GBX250.00 x
2012-06-30 GBX0.57 GBX250.00 x
2013-06-30 GBX0.62 GBX250.00 x
2014-06-30 GBX0.66 GBX250.00 x
2015-06-30 GBX0.72 GBX250.00 x
2016-06-30 GBX0.78 GBX250.00 x
2017-06-30 GBX0.87 GBX250.00 x
2018-06-30 GBX0.96 GBX250.00 x
2019-06-30 GBX1.05 GBX250.00 x
2020-06-30 GBX1.10 GBX250.00 x
2021-06-30 GBX1.17 GBX250.00 x
2022-06-30 GBX1.24 GBX250.00 x
2023-06-30 GBX1.37 GBX250.00 x
2024-06-30 GBX1.51 GBX250.00 x
2025-06-30 GBX1.62 GBX250.00 x

Capital Efficiency Dashboard

This dashboard shows how efficiently FW Thorpe 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): 13.39%
  • The company shows good efficiency in utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 14.50%
  • • Asset Turnover: 0.71x
  • • Equity Multiplier: 1.31x
  • Recent ROE (13.39%) is below the historical average (14.17%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1986 17.47% 11.17% 1.10x 1.42x GBX359.50K
1987 16.42% 11.03% 1.05x 1.41x GBX357.60K
1988 16.30% 11.25% 1.02x 1.42x GBX406.30K
1989 21.24% 17.44% 0.92x 1.32x GBX891.80K
1990 10.87% 7.84% 1.06x 1.31x GBX72.30K
1991 11.22% 7.65% 1.14x 1.29x GBX110.50K
1992 12.11% 8.17% 1.12x 1.32x GBX209.40K
1993 10.18% 6.60% 1.14x 1.36x GBX19.30K
1994 14.33% 8.74% 1.22x 1.35x GBX514.00K
1995 15.41% 9.99% 1.16x 1.33x GBX733.60K
1996 10.65% 7.20% 1.16x 1.28x GBX93.10K
1997 13.23% 8.88% 1.13x 1.32x GBX513.80K
1998 15.54% 10.51% 1.10x 1.34x GBX998.50K
1999 12.72% 9.26% 1.08x 1.27x GBX503.10K
2000 10.82% 7.41% 1.10x 1.32x GBX151.80K
2001 11.73% 7.05% 1.28x 1.30x GBX343.40K
2002 3.66% 2.48% 1.17x 1.26x GBX-1.26 Million
2003 12.02% 8.02% 1.16x 1.29x GBX441.10K
2004 15.69% 10.42% 1.16x 1.30x GBX1.41 Million
2005 16.87% 10.19% 1.18x 1.41x GBX1.73 Million
2006 17.26% 11.75% 1.13x 1.30x GBX2.19 Million
2007 19.54% 15.31% 1.03x 1.23x GBX3.42 Million
2008 20.96% 16.86% 0.99x 1.25x GBX4.56 Million
2009 18.52% 15.88% 0.94x 1.24x GBX3.90 Million
2010 16.22% 17.50% 0.75x 1.24x GBX3.15 Million
2011 16.09% 17.81% 0.75x 1.21x GBX3.56 Million
2012 16.94% 20.37% 0.72x 1.15x GBX4.64 Million
2013 13.19% 17.29% 0.66x 1.15x GBX2.31 Million
2014 13.18% 16.61% 0.68x 1.17x GBX2.46 Million
2015 13.82% 15.57% 0.70x 1.26x GBX3.16 Million
2016 14.33% 14.61% 0.77x 1.28x GBX3.93 Million
2017 14.32% 13.75% 0.82x 1.27x GBX4.37 Million
2018 14.35% 14.70% 0.75x 1.31x GBX4.88 Million
2019 13.21% 14.59% 0.68x 1.33x GBX3.92 Million
2020 10.38% 11.75% 0.67x 1.32x GBX483.80K
2021 11.54% 13.41% 0.65x 1.33x GBX2.11 Million
2022 13.81% 13.97% 0.70x 1.42x GBX5.54 Million
2023 13.68% 12.41% 0.78x 1.42x GBX5.90 Million
2024 13.75% 13.83% 0.74x 1.35x GBX6.64 Million
2025 13.39% 14.50% 0.71x 1.31x GBX6.43 Million

Industry Comparison

This section compares FW Thorpe PLC's net assets metrics with peer companies in the Electrical Equipment & Parts industry.

Industry Context

  • Industry: Electrical Equipment & Parts
  • Average net assets among peers: $37,862,244
  • Average return on equity (ROE) among peers: -17.12%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
FW Thorpe PLC (TFW) GBX186.05 Million 17.47% 0.28x $3.44 Million
AFC Energy plc (AFC) $7.25 Million -55.03% 0.07x $2.10 Million
Ceres Power Holdings PLC (CWR) $237.40 Million -20.06% 0.10x $15.09 Million
Dialight plc (DIA) $37.28 Million 32.50% 0.63x $1.40 Million
Dewhurst plc (DWHA) $9.59 Million 8.90% 0.52x $323.07K
Dewhurst (DWHT) $7.70 Million 14.76% 0.54x $342.24K
Eenergy Group PLC (EAAS) $21.60 Million -5.83% 0.02x $235.57K
Gelion PLC (GELN) $12.60 Million -58.77% 0.09x $474.39K
Invinity Energy Systems PLC (IES) $34.39 Million -54.05% 0.54x $1.21 Million
Ilika plc (IKA) $6.52 Million -41.43% 0.13x $737.07K
LPA Group (LPA) $4.29 Million 7.81% 0.92x $90.03K

About FW Thorpe PLC

LSE:TFW UK Electrical Equipment & Parts
Market Cap
$3.44 Million
GBX28.29 Billion GBX
Market Cap Rank
#28999 Global
#548 in UK
Share Price
GBX250.00
Change (1 day)
+0.00%
52-Week Range
GBX240.00 - GBX350.00
All Time High
GBX478.87
Categories
Companies in UK Electrical Equipment & Parts
About

FW Thorpe Plc designs, manufactures, and supplies professional lighting equipment in the United Kingdom, the Netherlands, Germany, rest of Europe, and internationally. The company offers professional lighting and control systems, including recessed, surface, and suspended luminaires; emergency lighting systems; hazardous area lighting; high and low bay luminaires; lighting controls; and exterior … Read more