Vodafone Group PLC (VOD) - Net Assets

Latest as of September 2025: GBX56.61 Billion GBX ≈ $6.89 Million USD

Based on the latest financial reports, Vodafone Group PLC (VOD) has net assets worth GBX56.61 Billion GBX (≈ $6.89 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX128.86 Billion ≈ $15.68 Million USD) and total liabilities (GBX72.25 Billion ≈ $8.79 Million 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 Vodafone Group PLC liquidity resilience to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric Value
Current Net Assets GBX56.61 Billion
% of Total Assets 43.93%
Annual Growth Rate 21.51%
5-Year Change -6.75%
10-Year Change -36.84%
Growth Volatility 2729.23

Vodafone Group PLC - Net Assets Trend (1987–2025)

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

Annual Net Assets for Vodafone Group PLC (1987–2025)

The table below shows the annual net assets of Vodafone Group PLC from 1987 to 2025. For live valuation and market cap data, see VOD market cap overview.

Year Net Assets Change
2025-03-31 GBX53.92 Billion
≈ $6.56 Million
-11.61%
2024-03-31 GBX61.00 Billion
≈ $7.42 Million
-5.40%
2023-03-31 GBX64.48 Billion
≈ $7.85 Million
+12.98%
2022-03-31 GBX57.07 Billion
≈ $6.94 Million
-1.29%
2021-03-31 GBX57.82 Billion
≈ $7.03 Million
-7.68%
2020-03-31 GBX62.62 Billion
≈ $7.62 Million
-1.29%
2019-03-31 GBX63.45 Billion
≈ $7.72 Million
-7.52%
2018-03-31 GBX68.61 Billion
≈ $8.35 Million
-6.93%
2017-03-31 GBX73.72 Billion
≈ $8.97 Million
-13.64%
2016-03-31 GBX85.36 Billion
≈ $10.39 Million
-7.84%
2015-03-31 GBX92.62 Billion
≈ $11.27 Million
+6.66%
2014-03-31 GBX86.83 Billion
≈ $10.56 Million
+0.96%
2013-03-31 GBX86.00 Billion
≈ $10.46 Million
-8.36%
2012-03-31 GBX93.85 Billion
≈ $11.42 Million
-5.82%
2011-03-31 GBX99.66 Billion
≈ $12.13 Million
-2.24%
2010-03-31 GBX101.94 Billion
≈ $12.40 Million
+11.36%
2009-03-31 GBX91.54 Billion
≈ $11.14 Million
-4.72%
2008-03-31 GBX96.08 Billion
≈ $11.69 Million
-3.09%
2007-03-31 GBX99.14 Billion
≈ $12.06 Million
-18.96%
2006-03-31 GBX122.33 Billion
≈ $14.88 Million
-26.16%
2005-03-31 GBX165.68 Billion
≈ $20.16 Million
-3.78%
2004-03-31 GBX172.18 Billion
≈ $20.95 Million
-9.67%
2003-03-31 GBX190.61 Billion
≈ $23.19 Million
-12.64%
2002-03-31 GBX218.19 Billion
≈ $26.55 Million
-8.51%
2001-03-31 GBX238.49 Billion
≈ $29.02 Million
+0.50%
2000-03-31 GBX237.32 Billion
≈ $28.87 Million
+17059.82%
1999-03-31 GBX1.38 Billion
≈ $168.27K
+134.67%
1998-03-31 GBX589.34 Million
≈ $71.71K
-49.62%
1997-03-31 GBX1.17 Billion
≈ $142.34K
-5.92%
1996-03-31 GBX1.24 Billion
≈ $151.30K
+24.63%
1995-03-31 GBX997.80 Million
≈ $121.40K
+10.91%
1994-03-31 GBX899.69 Million
≈ $109.47K
+21.16%
1993-03-31 GBX742.57 Million
≈ $90.35K
+17.45%
1992-03-31 GBX632.25 Million
≈ $76.93K
+4.79%
1991-03-31 GBX603.35 Million
≈ $73.41K
+64.49%
1990-03-31 GBX366.80 Million
≈ $44.63K
+32.38%
1989-03-31 GBX277.09 Million
≈ $33.71K
+481.28%
1988-03-31 GBX47.67 Million
≈ $5.80K
+45.21%
1987-03-31 GBX32.83 Million
≈ $3.99K
--

Equity Component Analysis

This analysis shows how different components contribute to Vodafone Group 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 decreased by 437863.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (March 2025)

Component Amount Percentage
Common Stock GBX4.32 Billion 8.19%
Other Components GBX171.93 Billion 325.96%
Total Equity GBX52.74 Billion 100.00%

Vodafone Group PLC Competitors by Market Cap

The table below lists competitors of Vodafone Group PLC ranked by their market capitalization.

Company Market Cap
Jumbo Interactive Ltd
AU:JIN
$333.38 Million
Lifezone Metals Limited
NYSE:LZM
$333.46 Million
Omni Bridgeway Ltd
AU:OBL
$333.58 Million
Regional Management Corp
NYSE:RM
$333.82 Million
Zaptec AS
OL:ZAP
$333.32 Million
Taiwan Taxi Co Ltd
TWO:2640
$333.29 Million
Yuen Foong Yu Consumer Prod
TW:6790
$333.27 Million
Forrestania Resources Ltd
AU:FRS
$333.23 Million

Equity Growth Attribution

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

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 59,966,000,000 to 52,745,000,000, a change of -7,221,000,000 (-12.0%).
  • Net loss of 4,169,000,000 reduced equity.
  • Dividend payments of 1,787,000,000 reduced retained earnings.
  • Share repurchases of 1,868,000,000 reduced equity.
  • New share issuances of 3,000,000 increased equity.
  • Other comprehensive income decreased equity by 28,202,000,000.
  • Other factors increased equity by 28,802,000,000.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income GBX-4.17 Billion -7.9%
Dividends Paid GBX1.79 Billion -3.39%
Share Repurchases GBX1.87 Billion -3.54%
Share Issuances GBX3.00 Million +0.01%
Other Comprehensive Income GBX-28.20 Billion -53.47%
Other Changes GBX28.80 Billion +54.61%
Total Change GBX- -12.04%

Book Value vs Market Value Analysis

This analysis compares Vodafone Group 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: 58.85x
  • 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 88721.33x to 58.85x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1987-03-31 GBX0.00 GBX118.70 x
1988-03-31 GBX0.00 GBX118.70 x
1989-03-31 GBX0.01 GBX118.70 x
1990-03-31 GBX0.01 GBX118.70 x
1991-03-31 GBX0.02 GBX118.70 x
1992-03-31 GBX0.03 GBX118.70 x
1993-03-31 GBX0.03 GBX118.70 x
1994-03-31 GBX0.04 GBX118.70 x
1995-03-31 GBX0.04 GBX118.70 x
1996-03-31 GBX0.05 GBX118.70 x
1997-03-31 GBX0.04 GBX118.70 x
1998-03-31 GBX0.02 GBX118.70 x
1999-03-31 GBX0.05 GBX118.70 x
2000-03-31 GBX9.57 GBX118.70 x
2001-03-31 GBX9.56 GBX118.70 x
2002-03-31 GBX8.70 GBX118.70 x
2003-03-31 GBX7.60 GBX118.70 x
2004-03-31 GBX6.83 GBX118.70 x
2005-03-31 GBX6.76 GBX118.70 x
2006-03-31 GBX4.99 GBX118.70 x
2007-03-31 GBX4.03 GBX118.70 x
2008-03-31 GBX4.00 GBX118.70 x
2009-03-31 GBX3.79 GBX118.70 x
2010-03-31 GBX4.14 GBX118.70 x
2011-03-31 GBX4.06 GBX118.70 x
2012-03-31 GBX3.32 GBX118.70 x
2013-03-31 GBX3.11 GBX118.70 x
2014-03-31 GBX3.21 GBX118.70 x
2015-03-31 GBX3.40 GBX118.70 x
2016-03-31 GBX3.13 GBX118.70 x
2017-03-31 GBX2.58 GBX118.70 x
2018-03-31 GBX2.43 GBX118.70 x
2019-03-31 GBX2.25 GBX118.70 x
2020-03-31 GBX2.50 GBX118.70 x
2021-03-31 GBX2.27 GBX118.70 x
2022-03-31 GBX2.23 GBX118.70 x
2023-03-31 GBX2.28 GBX118.70 x
2024-03-31 GBX2.21 GBX118.70 x
2025-03-31 GBX2.02 GBX118.70 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Vodafone Group 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): -7.90%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -11.13%
  • • Asset Turnover: 0.29x
  • • Equity Multiplier: 2.44x
  • Recent ROE (-7.90%) is below the historical average (15.76%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1987 -59.50% -20.59% 0.33x 8.75x GBX-22.81 Million
1988 93.35% 21.52% 0.68x 6.42x GBX39.73 Million
1989 34.38% 25.85% 0.82x 1.61x GBX67.56 Million
1990 43.99% 29.21% 0.89x 1.69x GBX124.66 Million
1991 48.56% 37.83% 0.87x 1.47x GBX232.63 Million
1992 40.75% 31.48% 0.89x 1.45x GBX194.41 Million
1993 37.19% 33.39% 0.76x 1.46x GBX201.82 Million
1994 35.12% 28.81% 0.81x 1.51x GBX225.80 Million
1995 29.05% 20.60% 0.82x 1.72x GBX189.89 Million
1996 30.31% 22.09% 0.80x 1.73x GBX252.22 Million
1997 47.25% 20.80% 0.72x 3.15x GBX404.93 Million
1998 148.25% 16.95% 0.99x 8.86x GBX606.50 Million
1999 78.16% 18.95% 0.92x 4.47x GBX830.77 Million
2000 0.35% 6.19% 0.05x 1.09x GBX-22.67 Billion
2001 -6.82% -65.88% 0.09x 1.19x GBX-39.45 Billion
2002 -12.37% -70.72% 0.14x 1.25x GBX-47.77 Billion
2003 -7.67% -32.51% 0.19x 1.27x GBX-32.95 Billion
2004 -8.05% -26.86% 0.23x 1.31x GBX-30.27 Billion
2005 5.63% 24.03% 0.18x 1.29x GBX-7.25 Billion
2006 -25.66% -74.67% 0.23x 1.48x GBX-43.68 Billion
2007 -8.09% -17.44% 0.28x 1.63x GBX-17.88 Billion
2008 8.53% 18.77% 0.28x 1.63x GBX-1.44 Billion
2009 3.57% 7.50% 0.27x 1.77x GBX-5.98 Billion
2010 9.57% 19.44% 0.28x 1.74x GBX-441.29 Million
2011 9.10% 17.37% 0.30x 1.73x GBX-896.31 Million
2012 9.03% 17.90% 0.28x 1.81x GBX-894.72 Million
2013 0.58% 1.09% 0.27x 2.00x GBX-7.99 Billion
2014 15.74% 29.07% 0.31x 1.72x GBX4.92 Billion
2015 8.71% 13.64% 0.34x 1.85x GBX-1.17 Billion
2016 -6.11% -9.82% 0.31x 2.03x GBX-13.46 Billion
2017 -3.03% -4.60% 0.31x 2.14x GBX-9.41 Billion
2018 6.52% 9.47% 0.32x 2.15x GBX-2.36 Billion
2019 -7.21% -10.27% 0.31x 2.30x GBX-10.71 Billion
2020 -1.50% -2.05% 0.27x 2.74x GBX-7.06 Billion
2021 0.11% 0.13% 0.28x 2.78x GBX-5.52 Billion
2022 4.08% 4.91% 0.30x 2.81x GBX-3.24 Billion
2023 18.67% 25.90% 0.29x 2.45x GBX5.50 Billion
2024 1.90% 3.10% 0.25x 2.41x GBX-4.86 Billion
2025 -7.90% -11.13% 0.29x 2.44x GBX-9.44 Billion

Industry Comparison

This section compares Vodafone Group PLC's net assets metrics with peer companies in the Telecom Services industry.

Industry Context

  • Industry: Telecom Services
  • Average net assets among peers: $2,271,661,957
  • Average return on equity (ROE) among peers: 5.48%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Vodafone Group PLC (VOD) GBX56.61 Billion -59.50% 1.28x $333.36 Million
Airtel Africa Plc (AAF) $2.77 Billion 7.93% 3.33x $156.70 Million
Bigblu Broadband PLC (BBB) $-441.00K 0.00% 0.00x $31.83K
BT Group Plc (BT-A) $14.51 Billion 13.13% 2.63x $256.88 Million
Gamma Communications PLC (GAMA) $254.20 Million 21.09% 0.42x $10.46 Million
Helios Towers Plc (HTWS) $251.60 Million -36.89% 3.43x $25.14 Million
Maintel Holdings Plc (MAI) $27.06 Million 11.39% 3.22x $209.69K
Orient Telecoms (ORNT) $540.66K 7.46% 0.49x $4.87K
Zegona Communications Plc (ZEG) $351.33 Million 19.71% 0.04x $50.66 Million

About Vodafone Group PLC

LSE:VOD UK Telecom Services
Market Cap
$333.36 Million
GBX2.74 Trillion GBX
Market Cap Rank
#14517 Global
#70 in UK
Share Price
GBX118.70
Change (1 day)
+1.24%
52-Week Range
GBX68.34 - GBX118.70
All Time High
GBX238.04
About

Vodafone Group Public Limited Company provides telecommunication services in Germany, the United Kingdom, rest of Europe, Turkey, and South Africa. It offers mobile and fixed services; connectivity business solutions, such as digital services, the Internet of Things (IoT) and financial services; and IoT platforms. The company also provides cloud, multi-cloud, and edge computing solutions; M-PESA,… Read more