Volex Plc (VLX) - Net Assets
Based on the latest financial reports, Volex Plc (VLX) has net assets worth GBX451.28 Million GBX (≈ $54.91K USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX1.04 Billion ≈ $126.29K USD) and total liabilities (GBX586.67 Million ≈ $71.38K 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 VLX capital-intensive asset ratio to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | GBX451.28 Million |
| % of Total Assets | 43.48% |
| Annual Growth Rate | 7.3% |
| 5-Year Change | 94.43% |
| 10-Year Change | 275.13% |
| Growth Volatility | 38.56 |
Volex Plc - Net Assets Trend (1986–2026)
This chart illustrates how Volex Plc's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see Volex Plc stock valuation.
Annual Net Assets for Volex Plc (1986–2026)
The table below shows the annual net assets of Volex Plc from 1986 to 2026. Also explore VLX year-over-year net asset growth to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2026-03-31 | GBX451.28 Million ≈ $54.91K |
+21.90% |
| 2025-03-31 | GBX370.20 Million ≈ $45.04K |
+10.31% |
| 2024-03-31 | GBX335.60 Million ≈ $40.83K |
+77.92% |
| 2023-04-02 | GBX188.62 Million ≈ $22.95K |
-18.73% |
| 2023-03-31 | GBX232.11 Million ≈ $28.24K |
+46.00% |
| 2022-04-03 | GBX158.98 Million ≈ $19.34K |
-23.56% |
| 2022-03-31 | GBX207.97 Million ≈ $25.30K |
+56.38% |
| 2021-04-04 | GBX132.99 Million ≈ $16.18K |
-27.72% |
| 2021-03-31 | GBX184.00 Million ≈ $22.39K |
+52.95% |
| 2020-04-05 | GBX120.30 Million ≈ $14.64K |
-7.84% |
| 2020-03-31 | GBX130.53 Million ≈ $15.88K |
+12.87% |
| 2019-03-31 | GBX115.65 Million ≈ $14.07K |
+140.21% |
| 2018-04-01 | GBX48.14 Million ≈ $5.86K |
+0.00% |
| 2018-03-31 | GBX48.14 Million ≈ $5.86K |
+3.97% |
| 2017-04-02 | GBX46.31 Million ≈ $5.63K |
0.00% |
| 2017-03-31 | GBX46.31 Million ≈ $5.63K |
-9.82% |
| 2016-04-03 | GBX51.35 Million ≈ $6.25K |
+0.00% |
| 2016-03-31 | GBX51.35 Million ≈ $6.25K |
-5.79% |
| 2015-04-05 | GBX54.51 Million ≈ $6.63K |
0.00% |
| 2015-03-31 | GBX54.51 Million ≈ $6.63K |
+48.42% |
| 2014-03-31 | GBX36.73 Million ≈ $4.47K |
0.00% |
| 2014-03-30 | GBX36.73 Million ≈ $4.47K |
-19.54% |
| 2013-03-31 | GBX45.65 Million ≈ $5.55K |
-11.04% |
| 2012-03-31 | GBX51.31 Million ≈ $6.24K |
+28.70% |
| 2011-03-31 | GBX39.87 Million ≈ $4.85K |
+105.14% |
| 2010-03-31 | GBX19.44 Million ≈ $2.36K |
+109.53% |
| 2009-03-31 | GBX9.28 Million ≈ $1.13K |
-79.35% |
| 2008-03-31 | GBX44.92 Million ≈ $5.47K |
-13.81% |
| 2007-03-31 | GBX52.12 Million ≈ $6.34K |
+9.48% |
| 2006-03-31 | GBX47.60 Million ≈ $5.79K |
+64.89% |
| 2005-03-31 | GBX28.87 Million ≈ $3.51K |
-50.09% |
| 2004-03-31 | GBX57.84 Million ≈ $7.04K |
-19.05% |
| 2003-03-31 | GBX71.46 Million ≈ $8.69K |
-15.53% |
| 2002-03-31 | GBX84.60 Million ≈ $10.29K |
-16.64% |
| 2001-03-31 | GBX101.49 Million ≈ $12.35K |
+7.47% |
| 2000-03-31 | GBX94.44 Million ≈ $11.49K |
+10.64% |
| 1999-03-31 | GBX85.36 Million ≈ $10.39K |
+7.07% |
| 1998-03-31 | GBX79.72 Million ≈ $9.70K |
+11.22% |
| 1997-03-31 | GBX71.68 Million ≈ $8.72K |
+6.41% |
| 1996-03-31 | GBX67.36 Million ≈ $8.20K |
+4.36% |
| 1995-03-31 | GBX64.55 Million ≈ $7.85K |
-1.26% |
| 1994-03-31 | GBX65.37 Million ≈ $7.95K |
+7.95% |
| 1993-03-31 | GBX60.55 Million ≈ $7.37K |
+17.99% |
| 1992-03-31 | GBX51.32 Million ≈ $6.24K |
-11.97% |
| 1991-03-31 | GBX58.30 Million ≈ $7.09K |
+5.35% |
| 1990-03-31 | GBX55.34 Million ≈ $6.73K |
+2.03% |
| 1989-03-31 | GBX54.23 Million ≈ $6.60K |
+16.52% |
| 1988-03-31 | GBX46.54 Million ≈ $5.66K |
+35.76% |
| 1987-03-31 | GBX34.28 Million ≈ $4.17K |
+27.43% |
| 1986-03-31 | GBX26.90 Million ≈ $3.27K |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Volex 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 1325.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2026)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | GBX302.58 Million | 68.54% |
| Common Stock | GBX59.90 Million | 13.57% |
| Other Comprehensive Income | GBX14.00 Million | 3.17% |
| Other Components | GBX65.00 Million | 14.72% |
| Total Equity | GBX441.48 Million | 100.00% |
Volex Plc Competitors by Market Cap
The table below lists competitors of Volex Plc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
CNPLUS Co. Ltd.
KQ:115530
|
$13.38 Million |
|
AroCell AB
ST:AROC
|
$13.39 Million |
|
Dolphin Entertainment Inc
NASDAQ:DLPN
|
$13.39 Million |
|
Swissnet AG
F:81D
|
$13.39 Million |
|
Star Combo Pharma Ltd
AU:S66
|
$13.38 Million |
|
Mynd.ai, Inc.
NYSE MKT:MYND
|
$13.37 Million |
|
Vertex Resource Group Ltd
V:VTX
|
$13.37 Million |
|
Future Retail Limited
NSE:FRETAIL
|
$13.37 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Volex Plc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2025 to 2026, total equity changed from 361,000,000 to 441,476,563, a change of 80,476,563 (22.3%).
- Net income of 64,746,791 contributed positively to equity growth.
- Dividend payments of 8,363,946 reduced retained earnings.
- Share repurchases of 688,795 reduced equity.
- Other comprehensive income increased equity by 32,510,005.
- Other factors decreased equity by 7,727,492.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | GBX64.75 Million | +14.67% |
| Dividends Paid | GBX8.36 Million | -1.89% |
| Share Repurchases | GBX688.79K | -0.16% |
| Other Comprehensive Income | GBX32.51 Million | +7.36% |
| Other Changes | GBX-7.73 Million | -1.75% |
| Total Change | GBX- | 22.29% |
Book Value vs Market Value Analysis
This analysis compares Volex 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: 256.30x
- 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 360.69x to 256.30x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1986-03-31 | GBX1.67 | GBX601.00 | x |
| 1987-03-31 | GBX2.12 | GBX601.00 | x |
| 1988-03-31 | GBX2.87 | GBX601.00 | x |
| 1989-03-31 | GBX3.34 | GBX601.00 | x |
| 1990-03-31 | GBX3.39 | GBX601.00 | x |
| 1991-03-31 | GBX3.54 | GBX601.00 | x |
| 1992-03-31 | GBX2.99 | GBX601.00 | x |
| 1993-03-31 | GBX2.78 | GBX601.00 | x |
| 1994-03-31 | GBX2.31 | GBX601.00 | x |
| 1995-03-31 | GBX2.41 | GBX601.00 | x |
| 1996-03-31 | GBX2.43 | GBX601.00 | x |
| 1997-03-31 | GBX2.56 | GBX601.00 | x |
| 1998-03-31 | GBX2.82 | GBX601.00 | x |
| 1999-03-31 | GBX2.97 | GBX601.00 | x |
| 2000-03-31 | GBX3.30 | GBX601.00 | x |
| 2001-03-31 | GBX3.52 | GBX601.00 | x |
| 2002-03-31 | GBX2.95 | GBX601.00 | x |
| 2003-03-31 | GBX2.49 | GBX601.00 | x |
| 2004-03-31 | GBX2.01 | GBX601.00 | x |
| 2005-03-31 | GBX0.98 | GBX601.00 | x |
| 2006-03-31 | GBX0.97 | GBX601.00 | x |
| 2007-03-31 | GBX0.93 | GBX601.00 | x |
| 2008-03-31 | GBX0.79 | GBX601.00 | x |
| 2009-03-31 | GBX0.16 | GBX601.00 | x |
| 2010-03-31 | GBX0.34 | GBX601.00 | x |
| 2011-03-31 | GBX0.68 | GBX601.00 | x |
| 2012-03-31 | GBX0.88 | GBX601.00 | x |
| 2013-03-31 | GBX0.79 | GBX601.00 | x |
| 2014-03-30 | GBX0.58 | GBX601.00 | x |
| 2014-03-31 | GBX0.58 | GBX601.00 | x |
| 2015-03-31 | GBX0.65 | GBX601.00 | x |
| 2015-04-05 | GBX0.65 | GBX601.00 | x |
| 2016-03-31 | GBX0.57 | GBX601.00 | x |
| 2016-04-03 | GBX0.58 | GBX601.00 | x |
| 2017-03-31 | GBX0.52 | GBX601.00 | x |
| 2017-04-02 | GBX0.52 | GBX601.00 | x |
| 2018-03-31 | GBX0.52 | GBX601.00 | x |
| 2018-04-01 | GBX0.52 | GBX601.00 | x |
| 2019-03-31 | GBX0.84 | GBX601.00 | x |
| 2020-03-31 | GBX0.84 | GBX601.00 | x |
| 2020-04-05 | GBX0.48 | GBX601.00 | x |
| 2021-03-31 | GBX1.13 | GBX601.00 | x |
| 2021-04-04 | GBX0.57 | GBX601.00 | x |
| 2022-03-31 | GBX1.20 | GBX601.00 | x |
| 2022-04-03 | GBX0.67 | GBX601.00 | x |
| 2023-03-31 | GBX1.35 | GBX601.00 | x |
| 2023-04-02 | GBX0.86 | GBX601.00 | x |
| 2024-03-31 | GBX1.78 | GBX601.00 | x |
| 2025-03-31 | GBX1.93 | GBX601.00 | x |
| 2026-03-31 | GBX2.34 | GBX601.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Volex 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): 14.67%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.30%
- • Asset Turnover: 1.18x
- • Equity Multiplier: 2.35x
- Recent ROE (14.67%) is above the historical average (-3.20%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1986 | 27.91% | 7.93% | 1.67x | 2.11x | GBX4.80 Million |
| 1987 | 20.94% | 6.57% | 1.51x | 2.11x | GBX3.74 Million |
| 1988 | 21.60% | 6.45% | 1.67x | 2.01x | GBX5.38 Million |
| 1989 | 21.18% | 6.61% | 1.77x | 1.81x | GBX6.05 Million |
| 1990 | 11.83% | 3.85% | 1.76x | 1.75x | GBX1.01 Million |
| 1991 | 8.07% | 2.77% | 1.70x | 1.71x | GBX-1.12 Million |
| 1992 | -10.49% | -3.78% | 1.44x | 1.93x | GBX-10.49 Million |
| 1993 | 12.09% | 3.95% | 1.33x | 2.29x | GBX1.21 Million |
| 1994 | 15.22% | 4.19% | 1.64x | 2.21x | GBX3.19 Million |
| 1995 | 19.69% | 4.74% | 1.67x | 2.49x | GBX6.24 Million |
| 1996 | 19.48% | 4.74% | 1.75x | 2.34x | GBX6.38 Million |
| 1997 | 21.95% | 5.40% | 1.74x | 2.34x | GBX8.54 Million |
| 1998 | 23.84% | 5.90% | 1.78x | 2.27x | GBX11.01 Million |
| 1999 | 23.33% | 5.65% | 1.69x | 2.45x | GBX11.22 Million |
| 2000 | 25.84% | 4.78% | 1.71x | 3.15x | GBX14.94 Million |
| 2001 | 26.33% | 4.50% | 1.97x | 2.97x | GBX16.56 Million |
| 2002 | -17.12% | -3.68% | 1.75x | 2.67x | GBX-22.91 Million |
| 2003 | -28.09% | -5.50% | 1.70x | 3.01x | GBX-27.17 Million |
| 2004 | -34.53% | -4.70% | 2.00x | 3.68x | GBX-25.70 Million |
| 2005 | -90.31% | -5.59% | 2.25x | 7.20x | GBX-28.96 Million |
| 2006 | -34.90% | -3.64% | 2.28x | 4.20x | GBX-21.37 Million |
| 2007 | 3.32% | 0.35% | 2.31x | 4.13x | GBX-3.48 Million |
| 2008 | -14.95% | -1.51% | 1.96x | 5.03x | GBX-11.20 Million |
| 2009 | -309.20% | -7.31% | 2.37x | 17.87x | GBX-29.61 Million |
| 2010 | 41.70% | 2.31% | 1.96x | 9.23x | GBX6.16 Million |
| 2011 | 43.49% | 3.40% | 2.32x | 5.52x | GBX13.35 Million |
| 2012 | 33.49% | 3.32% | 2.22x | 4.54x | GBX12.05 Million |
| 2013 | -1.94% | -0.19% | 2.30x | 4.50x | GBX-5.45 Million |
| 2014 | -38.60% | -3.54% | 2.21x | 4.93x | GBX-17.85 Million |
| 2014 | -38.60% | -3.54% | 2.21x | 4.93x | GBX-17.85 Million |
| 2015 | -19.64% | -2.53% | 2.19x | 3.55x | GBX-16.16 Million |
| 2015 | -19.64% | -2.53% | 2.19x | 3.55x | GBX-16.16 Million |
| 2016 | -4.30% | -0.63% | 2.00x | 3.42x | GBX-7.34 Million |
| 2016 | -4.50% | -0.63% | 2.09x | 3.42x | GBX-7.45 Million |
| 2017 | -14.61% | -2.21% | 2.01x | 3.29x | GBX-11.40 Million |
| 2017 | -15.22% | -2.21% | 2.10x | 3.29x | GBX-11.68 Million |
| 2018 | 8.15% | 1.15% | 2.20x | 3.22x | GBX-889.40K |
| 2018 | 8.15% | 1.22% | 2.08x | 3.22x | GBX-889.40K |
| 2019 | 7.96% | 2.49% | 1.78x | 1.79x | GBX-2.36 Million |
| 2020 | 11.26% | 3.85% | 1.58x | 1.85x | GBX1.64 Million |
| 2021 | 21.14% | 8.31% | 1.14x | 2.24x | GBX20.50 Million |
| 2022 | 15.16% | 5.14% | 1.18x | 2.50x | GBX10.34 Million |
| 2023 | 16.38% | 4.97% | 1.39x | 2.38x | GBX14.33 Million |
| 2024 | 12.01% | 4.31% | 1.09x | 2.56x | GBX6.58 Million |
| 2025 | 13.27% | 4.41% | 1.19x | 2.54x | GBX11.80 Million |
| 2026 | 14.67% | 5.30% | 1.18x | 2.35x | GBX20.60 Million |
Industry Comparison
This section compares Volex 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: $17,978,822
- Average return on equity (ROE) among peers: -37.33%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Volex Plc (VLX) | GBX451.28 Million | 27.91% | 1.30x | $13.38 Million |
| AFC Energy plc (AFC) | $8.93 Million | -46.32% | 0.11x | $2.03 Million |
| Ceres Power Holdings PLC (CWR) | $8.07 Million | -91.58% | 0.46x | $9.34 Million |
| Dialight plc (DIA) | $37.72 Million | 21.83% | 1.15x | $2.69 Million |
| Dewhurst plc (DWHA) | $61.30 Million | 8.53% | 0.19x | $323.07K |
| Dewhurst (DWHT) | $24.34 Million | 18.10% | 0.71x | $342.24K |
| Eenergy Group PLC (EAAS) | $530.00K | -81.13% | 0.95x | $77.74K |
| Gelion PLC (GELN) | $8.53 Million | -162.01% | 1.42x | $404.63K |
| Invinity Energy Systems PLC (IES) | $11.56 Million | -8.49% | 0.40x | $1.32 Million |
| Ilika plc (IKA) | $14.42 Million | -50.17% | 0.16x | $568.68K |
| LPA Group (LPA) | $4.38 Million | 17.94% | 0.45x | $142.28K |
About Volex Plc
Volex plc manufactures and sells power and connectivity in North America, Europe, and Asia. It provides integrated manufacturing services, such as high level assembly, box build, electromechanical assemblies and systems, wiring harness and cable assembly, printed circuit board assembly, video display systems, and embedded systems; electric vehicle charging solutions; copper interconnect cables an… Read more