TI Fluid Systems PLC
TI Fluid Systems plc designs, manufactures, and sells thermal and fluid system solutions in Europe, Africa, the Asia Pacific, North America, and Latin America. It operates in two segments, Fluid Carrying Systems (FCS), and Fuel Tank and Delivery Systems (FTDS). The FCS segment offers brake and fuel lines and bundles; thermal management fluid systems, including HEV and BEV heating and cooling line… Read more
TI Fluid Systems PLC (TIFS) - Net Assets
Latest net assets as of December 2024: GBX675.70 Million GBX
Based on the latest financial reports, TI Fluid Systems PLC (TIFS) has net assets worth GBX675.70 Million GBX as of December 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX2.73 Billion) and total liabilities (GBX2.05 Billion). 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 | GBX675.70 Million |
| % of Total Assets | 24.78% |
| Annual Growth Rate | N/A |
| 5-Year Change | -23.58% |
| 10-Year Change | 46.48% |
| Growth Volatility | 33.52 |
TI Fluid Systems PLC - Net Assets Trend (2014–2024)
This chart illustrates how TI Fluid Systems 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 TI Fluid Systems PLC (2014–2024)
The table below shows the annual net assets of TI Fluid Systems PLC from 2014 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | GBX675.70 Million | +1.49% |
| 2023-12-31 | GBX665.80 Million | -1.61% |
| 2022-12-31 | GBX676.70 Million | -28.31% |
| 2021-12-31 | GBX943.90 Million | +6.75% |
| 2020-12-31 | GBX884.20 Million | -25.64% |
| 2019-12-31 | GBX1.19 Billion | +10.09% |
| 2018-12-31 | GBX1.08 Billion | +14.68% |
| 2017-12-31 | GBX941.80 Million | +94.43% |
| 2016-12-31 | GBX484.40 Million | +5.01% |
| 2015-12-31 | GBX461.30 Million | +604.15% |
| 2014-12-31 | GBX-91.50 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to TI Fluid Systems 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 76300000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | GBX763.00 Million | 113.05% |
| Common Stock | GBX6.60 Million | 0.98% |
| Other Comprehensive Income | GBX-96.90 Million | -14.36% |
| Other Components | GBX2.20 Million | 0.33% |
| Total Equity | GBX674.90 Million | 100.00% |
TI Fluid Systems PLC Competitors by Market Cap
The table below lists competitors of TI Fluid Systems PLC ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Eikon Therapeutics, Inc. Common Stock
NASDAQ:EIKN
|
$124.82K |
|
Lanka Ashok Leyland PLC
CM:ASHON0000
|
$124.82K |
|
TRAVEL FOOD SERVICES LIMITED
NSE:TRAVELFOOD
|
$124.88K |
|
GS Retail Co. Ltd.
KQ:007070
|
$124.93K |
|
Nuveen Multi-Asset Income Fund
NYSE:NMAI
|
$124.57K |
|
Konan Technology Inc.
KQ:402030
|
$124.46K |
|
Together Startup Network Ltd
TA:TGTR
|
$124.45K |
|
XRPR
BATS:XRPR
|
$124.20K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in TI Fluid Systems PLC's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 665,199,999 to 674,900,000, a change of 9,700,001 (1.5%).
- Net income of 32,299,999 contributed positively to equity growth.
- Dividend payments of 34,700,000 reduced retained earnings.
- Share repurchases of 34,500,000 reduced equity.
- Other comprehensive income increased equity by 12,600,000.
- Other factors increased equity by 34,000,002.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | GBX32.30 Million | +4.79% |
| Dividends Paid | GBX34.70 Million | -5.14% |
| Share Repurchases | GBX34.50 Million | -5.11% |
| Other Comprehensive Income | GBX12.60 Million | +1.87% |
| Other Changes | GBX34.00 Million | +5.04% |
| Total Change | GBX- | 1.46% |
Book Value vs Market Value Analysis
This analysis compares TI Fluid Systems 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: 150.36x
- 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-0.20 | GBX199.60 | x |
| 2015-12-31 | GBX0.85 | GBX199.60 | x |
| 2016-12-31 | GBX0.90 | GBX199.60 | x |
| 2017-12-31 | GBX1.77 | GBX199.60 | x |
| 2018-12-31 | GBX2.03 | GBX199.60 | x |
| 2019-12-31 | GBX2.24 | GBX199.60 | x |
| 2020-12-31 | GBX1.64 | GBX199.60 | x |
| 2021-12-31 | GBX1.80 | GBX199.60 | x |
| 2022-12-31 | GBX1.32 | GBX199.60 | x |
| 2023-12-31 | GBX1.28 | GBX199.60 | x |
| 2024-12-31 | GBX1.33 | GBX199.60 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently TI Fluid Systems 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): 4.79%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.96%
- • Asset Turnover: 1.23x
- • Equity Multiplier: 4.04x
- Recent ROE (4.79%) is above the historical average (-1.38%), 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% | 0.50% | 1.53x | 0.00x | GBX23.66 Million |
| 2015 | -9.91% | -1.41% | 0.95x | 7.42x | GBX-87.81 Million |
| 2016 | 9.07% | 1.26% | 0.99x | 7.24x | GBX-4.34 Million |
| 2017 | 12.21% | 3.22% | 1.07x | 3.55x | GBX20.35 Million |
| 2018 | 13.03% | 3.97% | 1.05x | 3.14x | GBX32.04 Million |
| 2019 | 12.16% | 4.15% | 0.97x | 3.01x | GBX25.14 Million |
| 2020 | -29.36% | -8.96% | 0.91x | 3.59x | GBX-338.10 Million |
| 2021 | 1.52% | 0.48% | 0.97x | 3.24x | GBX-80.05 Million |
| 2022 | -41.26% | -8.54% | 1.17x | 4.12x | GBX-346.62 Million |
| 2023 | 12.55% | 2.37% | 1.31x | 4.05x | GBX16.98 Million |
| 2024 | 4.79% | 0.96% | 1.23x | 4.04x | GBX-35.19 Million |
Industry Comparison
This section compares TI Fluid Systems PLC's net assets metrics with peer companies in the Auto Parts industry.
Industry Context
- Industry: Auto Parts
- Average net assets among peers: $408,636,500
- Average return on equity (ROE) among peers: -8.21%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| TI Fluid Systems PLC (TIFS) | GBX675.70 Million | 0.00% | 3.03x | $124.63K |
| Freni Brembo SpA (0RPV) | $2.33 Billion | 11.27% | 0.99x | $1.84 Billion |
| Ab Dynamics (ABDP) | $98.81 Million | 8.76% | 0.26x | $33.56K |
| Aurrigo International PLC (AURR) | $8.86 Million | -44.19% | 0.66x | $9.51K |
| Autins Group plc (AUTG) | $8.56 Million | -11.79% | 1.31x | $564.69 |
| Surface Transforms Plc (SCE) | $-21.00K | 0.00% | 0.00x | $182.19 |
| Strip Tinning Holdings PLC (STG) | $5.80 Million | -13.30% | 0.94x | $498.93 |