Wickes Group PLC (WIX) - Net Assets
Based on the latest financial reports, Wickes Group PLC (WIX) has net assets worth GBX131.20 Million GBX (≈ $15.96K USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX1.18 Billion ≈ $143.60K USD) and total liabilities (GBX1.05 Billion ≈ $127.63K 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 tangible equity quality of Wickes Group PLC to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | GBX131.20 Million |
| % of Total Assets | 11.12% |
| Annual Growth Rate | -9.34% |
| 5-Year Change | 54.43% |
| 10-Year Change | N/A |
| Growth Volatility | 39.46 |
Wickes Group PLC - Net Assets Trend (2018–2024)
This chart illustrates how Wickes Group PLC's net assets have evolved over time, based on quarterly financial data. See Wickes Group PLC defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Wickes Group PLC (2018–2024)
The table below shows the annual net assets of Wickes Group PLC from 2018 to 2024. For live valuation and market cap data, see market value of Wickes Group PLC.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | GBX146.40 Million ≈ $17.81K |
-10.35% |
| 2023-12-31 | GBX163.30 Million ≈ $19.87K |
-0.67% |
| 2022-12-31 | GBX164.40 Million ≈ $20.00K |
+2.24% |
| 2021-12-31 | GBX160.80 Million ≈ $19.56K |
+69.62% |
| 2020-12-31 | GBX94.80 Million ≈ $11.53K |
-65.97% |
| 2019-12-31 | GBX278.60 Million ≈ $33.90K |
+5.65% |
| 2018-12-31 | GBX263.70 Million ≈ $32.08K |
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Equity Component Analysis
This analysis shows how different components contribute to Wickes 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 grown by 459.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | GBX905.50 Million | 623.19% |
| Common Stock | GBX24.20 Million | 16.66% |
| Total Equity | GBX145.30 Million | 100.00% |
Wickes Group PLC Competitors by Market Cap
The table below lists competitors of Wickes Group PLC ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Astrotech Corp
NASDAQ:ASTC
|
$4.87 Million |
|
Basin Energy Ltd
AU:BSN
|
$4.87 Million |
|
Mitra International Resources
JK:MIRA
|
$4.87 Million |
|
Funding Circle Holdings PLC
LSE:FCH
|
$4.88 Million |
|
Tantech Holdings Ltd
NASDAQ:TANH
|
$4.87 Million |
|
Wildsky Resources Inc
V:WSK
|
$4.87 Million |
|
Sabre Insurance Group PLC
LSE:SBRE
|
$4.87 Million |
|
Jain Irrigation Systems Limited
NSE:JISLDVREQS
|
$4.87 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Wickes Group PLC's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 163,300,000 to 145,300,000, a change of -18,000,000 (-11.0%).
- Net income of 18,400,000 contributed positively to equity growth.
- Dividend payments of 26,100,000 reduced retained earnings.
- Share repurchases of 15,100,000 reduced equity.
- Other comprehensive income decreased equity by 100,000.
- Other factors increased equity by 4,900,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | GBX18.40 Million | +12.66% |
| Dividends Paid | GBX26.10 Million | -17.96% |
| Share Repurchases | GBX15.10 Million | -10.39% |
| Other Comprehensive Income | GBX-100.00K | -0.07% |
| Other Changes | GBX4.90 Million | +3.37% |
| Total Change | GBX- | -11.02% |
Book Value vs Market Value Analysis
This analysis compares Wickes 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: 302.86x
- 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 increased from 172.11x to 302.86x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-12-31 | GBX1.05 | GBX180.00 | x |
| 2019-12-31 | GBX1.10 | GBX180.00 | x |
| 2020-12-31 | GBX0.51 | GBX180.00 | x |
| 2021-12-31 | GBX0.64 | GBX180.00 | x |
| 2022-12-31 | GBX0.65 | GBX180.00 | x |
| 2023-12-31 | GBX0.64 | GBX180.00 | x |
| 2024-12-31 | GBX0.59 | GBX180.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Wickes 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): 12.66%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.20%
- • Asset Turnover: 1.43x
- • Equity Multiplier: 7.43x
- Recent ROE (12.66%) is below the historical average (16.78%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | 5.65% | 1.24% | 0.65x | 6.97x | GBX-11.47 Million |
| 2019 | 4.63% | 1.00% | 0.93x | 4.99x | GBX-14.96 Million |
| 2020 | 20.26% | 1.95% | 1.18x | 8.79x | GBX13.32 Million |
| 2021 | 36.57% | 3.83% | 1.33x | 7.19x | GBX42.72 Million |
| 2022 | 19.40% | 2.04% | 1.41x | 6.72x | GBX15.46 Million |
| 2023 | 18.25% | 1.92% | 1.45x | 6.57x | GBX13.47 Million |
| 2024 | 12.66% | 1.20% | 1.43x | 7.43x | GBX3.87 Million |
Industry Comparison
This section compares Wickes Group PLC's net assets metrics with peer companies in the Home Improvement Retail industry.
Industry Context
- Industry: Home Improvement Retail
- Average net assets among peers: $2,113,446,000
- Average return on equity (ROE) among peers: 11.81%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Wickes Group PLC (WIX) | GBX131.20 Million | 5.65% | 8.00x | $4.87 Million |
| Kingfisher PLC (KGF) | $6.32 Billion | 11.24% | 0.55x | $60.33 Million |
| Topps Tiles PLC (TPT) | $-25.46 Million | 0.00% | 0.00x | $831.09K |
| Victorian Plumbing Group PLC (VIC) | $48.80 Million | 24.18% | 1.03x | $3.30 Million |
About Wickes Group PLC
Wickes Group plc operates as a retailer of home improvement products and services in the United Kingdom. The company supports customers' home improvement projects through Local Trade, Design and Installation, and do-it-yourself (DIY) prepositions. Its products portfolio includes kitchen cabinets, doors, drawer fronts, motor accessories, and air source heat pumps; and showroom bathroom, gardening,… Read more