Victrex plc (VCT) - Net Assets

Latest as of September 2025: GBX431.20 Million GBX ≈ $52.46K USD

Based on the latest financial reports, Victrex plc (VCT) has net assets worth GBX431.20 Million GBX (≈ $52.46K USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX566.90 Million ≈ $68.98K USD) and total liabilities (GBX135.70 Million ≈ $16.51K 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 VCT financial resilience to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	GBX431.20 Million
% of Total Assets	76.06%
Annual Growth Rate	14.3%
5-Year Change	-15.73%
10-Year Change	10.82%
Growth Volatility	14.6

Victrex plc - Net Assets Trend (1994–2025)

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

Annual Net Assets for Victrex plc (1994–2025)

The table below shows the annual net assets of Victrex plc from 1994 to 2025. For live valuation and market cap data, see VCT market cap overview.

Year	Net Assets	Change
2025-09-30	GBX431.20 Million ≈ $52.46K	-6.59%
2024-09-30	GBX461.60 Million ≈ $56.16K	-7.86%
2023-09-30	GBX501.00 Million ≈ $60.96K	+2.12%
2022-09-30	GBX490.60 Million ≈ $59.69K	-4.12%
2021-09-30	GBX511.70 Million ≈ $62.26K	+6.38%
2020-09-30	GBX481.00 Million ≈ $58.52K	+4.20%
2019-09-30	GBX461.60 Million ≈ $56.16K	-5.78%
2018-09-30	GBX489.90 Million ≈ $59.61K	+2.40%
2017-09-30	GBX478.40 Million ≈ $58.21K	+22.95%
2016-09-30	GBX389.10 Million ≈ $47.34K	+8.51%
2015-09-30	GBX358.60 Million ≈ $43.63K	+1.47%
2014-09-30	GBX353.40 Million ≈ $43.00K	+12.66%
2013-09-30	GBX313.70 Million ≈ $38.17K	+15.71%
2012-09-30	GBX271.10 Million ≈ $32.99K	+22.34%
2011-09-30	GBX221.60 Million ≈ $26.96K	+4.87%
2010-09-30	GBX211.30 Million ≈ $25.71K	+25.60%
2009-09-30	GBX168.23 Million ≈ $20.47K	+0.86%
2008-09-30	GBX166.79 Million ≈ $20.29K	+17.89%
2007-09-30	GBX141.48 Million ≈ $17.21K	+24.71%
2006-09-30	GBX113.45 Million ≈ $13.80K	+22.99%
2005-09-30	GBX92.25 Million ≈ $11.22K	+24.74%
2004-09-30	GBX73.95 Million ≈ $9.00K	+20.96%
2003-09-30	GBX61.14 Million ≈ $7.44K	+18.12%
2002-09-30	GBX51.76 Million ≈ $6.30K	+16.92%
2001-09-30	GBX44.27 Million ≈ $5.39K	+25.60%
2000-09-30	GBX35.24 Million ≈ $4.29K	+25.60%
1999-09-30	GBX28.06 Million ≈ $3.41K	+21.82%
1998-09-30	GBX23.03 Million ≈ $2.80K	+29.73%
1997-09-30	GBX17.75 Million ≈ $2.16K	+34.23%
1996-09-30	GBX13.23 Million ≈ $1.61K	+63.60%
1995-09-30	GBX8.09 Million ≈ $983.71	+18.31%
1994-09-30	GBX6.83 Million ≈ $831.50	--

Equity Component Analysis

This analysis shows how different components contribute to Victrex 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 8128.8% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (September 2025)

Component	Amount	Percentage
Retained Earnings	GBX375.40 Million	86.60%
Common Stock	GBX900.00K	0.21%
Other Comprehensive Income	GBX-5.00 Million	-1.15%
Other Components	GBX62.20 Million	14.35%
Total Equity	GBX433.50 Million	100.00%

Victrex plc Competitors by Market Cap

The table below lists competitors of Victrex plc ranked by their market capitalization.

Company	Market Cap
Gold Pacific Co. Ltd KQ:038530	$6.53 Million
ARIP Public Company Limited BK:ARIP	$6.54 Million
Kontigo Care AB ST:KONT	$6.54 Million
Moolec Science SA Ordinary Shares NASDAQ:MLEC	$6.55 Million
Tribe Property Technologies Inc V:TRBE	$6.51 Million
Bullfrog AI Holdings, Inc. Common Stock NASDAQ:BFRG	$6.51 Million
Effnetplattformen Holding AB ST:EFFH	$6.51 Million
Spineway PA:ALSPW	$6.50 Million

Equity Growth Attribution

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

Equity Growth Insights

From 2024 to 2025, total equity changed from 461,000,000 to 433,500,000, a change of -27,500,000 (-6.0%).
Net income of 27,800,000 contributed positively to equity growth.
Dividend payments of 51,800,000 reduced retained earnings.
New share issuances of 100,000 increased equity.
Other comprehensive income decreased equity by 5,000,000.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	GBX27.80 Million	+6.41%
Dividends Paid	GBX51.80 Million	-11.95%
Share Issuances	GBX100.00K	+0.02%
Other Comprehensive Income	GBX-5.00 Million	-1.15%
Other Changes	GBX1.40 Million	+0.32%
Total Change	GBX-	-5.97%

Book Value vs Market Value Analysis

This analysis compares Victrex 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: 124.64x
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 6306.78x to 124.64x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
1994-09-30	GBX0.10	GBX616.00	x
1995-09-30	GBX0.12	GBX616.00	x
1996-09-30	GBX0.18	GBX616.00	x
1997-09-30	GBX0.23	GBX616.00	x
1998-09-30	GBX0.29	GBX616.00	x
1999-09-30	GBX0.36	GBX616.00	x
2000-09-30	GBX0.45	GBX616.00	x
2001-09-30	GBX0.55	GBX616.00	x
2002-09-30	GBX0.65	GBX616.00	x
2003-09-30	GBX0.76	GBX616.00	x
2004-09-30	GBX0.91	GBX616.00	x
2005-09-30	GBX1.14	GBX616.00	x
2006-09-30	GBX1.39	GBX616.00	x
2007-09-30	GBX1.72	GBX616.00	x
2008-09-30	GBX2.03	GBX616.00	x
2009-09-30	GBX2.03	GBX616.00	x
2010-09-30	GBX2.52	GBX616.00	x
2011-09-30	GBX2.63	GBX616.00	x
2012-09-30	GBX3.21	GBX616.00	x
2013-09-30	GBX3.70	GBX616.00	x
2014-09-30	GBX4.15	GBX616.00	x
2015-09-30	GBX4.20	GBX616.00	x
2016-09-30	GBX4.56	GBX616.00	x
2017-09-30	GBX5.58	GBX616.00	x
2018-09-30	GBX5.68	GBX616.00	x
2019-09-30	GBX5.34	GBX616.00	x
2020-09-30	GBX5.52	GBX616.00	x
2021-09-30	GBX5.85	GBX616.00	x
2022-09-30	GBX5.60	GBX616.00	x
2023-09-30	GBX5.70	GBX616.00	x
2024-09-30	GBX5.24	GBX616.00	x
2025-09-30	GBX4.94	GBX616.00	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Victrex 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): 6.41%
The company has moderate efficiency in generating returns from equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 9.38%
• Asset Turnover: 0.52x
• Equity Multiplier: 1.31x
Recent ROE (6.41%) is below the historical average (28.54%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
1994	78.34%	22.47%	0.98x	3.58x	GBX4.59 Million
1995	83.27%	21.23%	1.38x	2.85x	GBX5.84 Million
1996	69.86%	24.34%	1.44x	1.99x	GBX7.92 Million
1997	47.84%	19.56%	1.37x	1.79x	GBX6.72 Million
1998	40.98%	19.96%	1.21x	1.70x	GBX7.14 Million
1999	33.03%	19.97%	1.04x	1.59x	GBX6.46 Million
2000	34.10%	20.46%	0.95x	1.75x	GBX8.49 Million
2001	34.71%	21.31%	1.13x	1.44x	GBX10.94 Million
2002	24.84%	21.76%	0.75x	1.51x	GBX7.68 Million
2003	24.91%	21.30%	0.87x	1.35x	GBX9.12 Million
2004	25.98%	22.19%	0.84x	1.39x	GBX11.81 Million
2005	25.91%	23.68%	0.79x	1.39x	GBX14.68 Million
2006	28.06%	25.99%	0.74x	1.47x	GBX20.49 Million
2007	25.74%	27.80%	0.68x	1.37x	GBX22.27 Million
2008	23.43%	27.69%	0.63x	1.34x	GBX22.39 Million
2009	10.60%	17.18%	0.47x	1.31x	GBX1.02 Million
2010	25.56%	28.50%	0.68x	1.32x	GBX32.87 Million
2011	32.13%	32.99%	0.75x	1.30x	GBX49.04 Million
2012	26.52%	32.71%	0.67x	1.20x	GBX44.79 Million
2013	23.24%	32.85%	0.60x	1.17x	GBX41.53 Million
2014	22.69%	31.75%	0.61x	1.18x	GBX44.86 Million
2015	23.28%	31.69%	0.62x	1.19x	GBX47.64 Million
2016	21.20%	32.70%	0.53x	1.21x	GBX43.59 Million
2017	20.80%	34.29%	0.54x	1.12x	GBX51.66 Million
2018	22.58%	33.93%	0.58x	1.15x	GBX61.61 Million
2019	20.02%	31.43%	0.55x	1.16x	GBX46.24 Million
2020	11.34%	20.38%	0.48x	1.15x	GBX6.39 Million
2021	14.38%	23.90%	0.50x	1.21x	GBX22.28 Million
2022	15.59%	22.35%	0.53x	1.31x	GBX27.32 Million
2023	12.36%	20.10%	0.49x	1.26x	GBX11.80 Million
2024	3.73%	5.81%	0.50x	1.28x	GBX-28.90 Million
2025	6.41%	9.38%	0.52x	1.31x	GBX-15.55 Million

Industry Comparison

This section compares Victrex plc's net assets metrics with peer companies in the Specialty Chemicals industry.

Industry Context

Industry: Specialty Chemicals
Average net assets among peers: $249,610,221
Average return on equity (ROE) among peers: -8.61%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Victrex plc (VCT)	GBX431.20 Million	78.34%	0.31x	$6.53 Million
Biome Technologies Plc (BIOM)	$22.86 Million	0.61%	0.46x	$62.73K
Croda International PLC (CRDA)	$141.90 Million	17.12%	0.88x	$48.13 Million
Directa Plus PLC (DCTA)	$-1.89 Million	0.00%	0.00x	$85.76K
Elementis PLC (ELM)	$762.40 Million	20.92%	1.52x	$10.19 Million
Essentra PLC (ESNT)	$270.80 Million	3.91%	0.82x	$2.83 Million
Haydale Graphene Industries (HAYD)	$6.60 Million	-54.51%	0.17x	$174.89K
Hardide PLC (HDD)	$7.70 Million	-14.76%	0.25x	$359.60K
Iofina plc (IOF)	$25.77 Million	-10.28%	0.09x	$968.76K
Itaconix plc (ITX)	$9.17 Million	-62.28%	0.09x	$176.39K
Johnson Matthey PLC (JMAT)	$1.25 Billion	13.13%	1.31x	$42.28 Million

About Victrex plc

LSE:VCT UK Specialty Chemicals

Market Cap

$6.53 Million

GBX53.64 Billion GBX

Market Cap Rank

#27839 Global

#416 in UK

Share Price

GBX616.00

Change (1 day)

+2.16%

52-Week Range

GBX539.00 - GBX905.00

All Time High

GBX2680.46