Westminster Group Plc

LSE:WSG UK Security & Protection Services
Market Cap
$46.68K
GBX383.65 Million GBX
Market Cap Rank
#48980 Global
#1269 in UK
Share Price
GBX0.85
Change (1 day)
+0.00%
52-Week Range
GBX0.70 - GBX2.75
All Time High
GBX32.50
Categories
Companies in UK Security & Protection Services
About

Westminster Group PLC, a specialist security and services company, designs and supplies technology security solutions and services worldwide. It operates through two segments, Managed Services and Technology. The company offers technology security solutions, such as surveillance, detection, tracking, screening, and interception technologies; managed services, inlcuding security services and solut… Read more

Westminster Group Plc (WSG) - Net Assets

Latest net assets as of December 2024: GBX2.82 Million GBX

Based on the latest financial reports, Westminster Group Plc (WSG) has net assets worth GBX2.82 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 (GBX7.03 Million) and total liabilities (GBX4.21 Million). 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 GBX2.82 Million
% of Total Assets 40.15%
Annual Growth Rate 6.31%
5-Year Change 73.26%
10-Year Change 38.3%
Growth Volatility 215.72

Westminster Group Plc - Net Assets Trend (2004–2024)

This chart illustrates how Westminster Group 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 Westminster Group Plc (2004–2024)

The table below shows the annual net assets of Westminster Group Plc from 2004 to 2024.

Year Net Assets Change
2024-06-30 GBX3.34 Million -54.90%
2022-12-31 GBX7.42 Million -0.64%
2021-12-31 GBX7.46 Million +5.72%
2020-12-31 GBX7.06 Million +265.75%
2019-12-31 GBX1.93 Million +68.41%
2018-12-31 GBX1.15 Million +466.13%
2017-12-31 GBX-313.00K -113.63%
2016-12-31 GBX2.30 Million +36.18%
2015-12-31 GBX1.69 Million -30.27%
2014-12-31 GBX2.42 Million +12.00%
2013-12-31 GBX2.16 Million +333.41%
2012-12-31 GBX-925.00K -689.17%
2011-12-31 GBX157.00K -93.00%
2010-12-31 GBX2.24 Million -41.21%
2009-12-31 GBX3.82 Million +15.70%
2008-12-31 GBX3.30 Million +1.79%
2007-12-31 GBX3.24 Million +460.73%
2006-12-31 GBX578.00K -43.61%
2005-09-30 GBX1.02 Million +2.60%
2004-09-30 GBX999.00K --

Equity Component Analysis

This analysis shows how different components contribute to Westminster 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 2187.2% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (June 2024)

Component Amount Percentage
Retained Earnings GBX2.49 Million 62.48%
Common Stock GBX331.00K 8.30%
Other Comprehensive Income GBX873.00K 21.88%
Other Components GBX293.00K 7.34%
Total Equity GBX3.99 Million 100.00%

Westminster Group Plc Competitors by Market Cap

The table below lists competitors of Westminster Group Plc ranked by their market capitalization.

Company Market Cap
Applied UV, Inc.
NASDAQ:AUVIQ
 		$467.00
London & Associated Properties
LSE:LAS
 		$467.18
NORTHERN NIGERIA FLOUR MILLS PLC
XNSA:NNFM
 		$467.22
Bullet Blockchain Inc
PINK:BULT
 		$467.40
Arab Real Estate Investment CO.-ALICO
EGX:RREI
 		$466.28
EQUATORIAL RES
BE:PBU
 		$465.93
Asia Dragon Trust PLC
LSE:DGN
 		$465.11
Metropolitan Steel Corp Ltd
KAR:MSCL
 		$463.71

Equity Growth Attribution

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

Equity Growth Insights

  • From 2022 to 2024, total equity changed from 7,937,000 to 3,990,000, a change of -3,947,000 (-49.7%).
  • Other comprehensive income decreased equity by 230,000.
  • Other factors decreased equity by 3,717,000.

Equity Change Factors (2022 to 2024)

Factor Impact Contribution
Net Income GBX0.00 -0.0%
Other Comprehensive Income GBX-230.00K -5.76%
Other Changes GBX-3.72 Million -93.16%
Total Change GBX- -49.73%

Book Value vs Market Value Analysis

This analysis compares Westminster 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: 35.40x
  • 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 11.70x to 35.40x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2004-09-30 GBX0.07 GBX0.85 x
2005-09-30 GBX0.08 GBX0.85 x
2006-12-31 GBX0.05 GBX0.85 x
2007-12-31 GBX0.29 GBX0.85 x
2008-12-31 GBX0.23 GBX0.85 x
2009-12-31 GBX0.25 GBX0.85 x
2010-12-31 GBX0.12 GBX0.85 x
2011-12-31 GBX0.01 GBX0.85 x
2012-12-31 GBX-0.03 GBX0.85 x
2013-12-31 GBX0.05 GBX0.85 x
2014-12-31 GBX0.05 GBX0.85 x
2015-12-31 GBX0.03 GBX0.85 x
2016-12-31 GBX0.03 GBX0.85 x
2017-12-31 GBX0.00 GBX0.85 x
2018-12-31 GBX0.01 GBX0.85 x
2019-12-31 GBX0.02 GBX0.85 x
2020-12-31 GBX0.05 GBX0.85 x
2021-12-31 GBX0.03 GBX0.85 x
2022-12-31 GBX0.02 GBX0.85 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Westminster 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): 1.52%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 1.27%
  • • Asset Turnover: 0.95x
  • • Equity Multiplier: 1.26x
  • Recent ROE (1.52%) is above the historical average (-134.30%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2004 11.26% 7.67% 0.76x 1.94x GBX12.40K
2005 2.34% 1.20% 1.05x 1.84x GBX-78.50K
2007 -10.89% -12.86% 0.73x 1.16x GBX-677.10K
2008 6.18% 3.72% 1.12x 1.49x GBX-125.90K
2009 3.17% 1.52% 1.26x 1.65x GBX-260.70K
2010 -171.14% -101.14% 0.78x 2.18x GBX-4.06 Million
2011 -1726.75% -26.93% 2.90x 22.09x GBX-2.73 Million
2012 0.00% -16.95% 2.49x 0.00x GBX-1.51 Million
2013 -92.64% -26.22% 1.76x 2.00x GBX-2.22 Million
2014 -100.58% -69.70% 0.62x 2.32x GBX-2.67 Million
2015 -118.33% -59.39% 0.61x 3.24x GBX-2.16 Million
2016 -83.14% -43.33% 0.69x 2.79x GBX-2.14 Million
2017 0.00% -114.77% 1.66x 0.00x GBX-6.11 Million
2018 -43.16% -9.66% 0.77x 5.79x GBX-793.20K
2019 -62.96% -13.27% 1.56x 3.04x GBX-1.67 Million
2020 -7.75% -5.80% 1.05x 1.28x GBX-1.32 Million
2021 -24.46% -27.24% 0.76x 1.19x GBX-2.71 Million
2022 1.52% 1.27% 0.95x 1.26x GBX-672.70K

Industry Comparison

This section compares Westminster Group Plc's net assets metrics with peer companies in the Security & Protection Services industry.

Industry Context

  • Industry: Security & Protection Services
  • Average net assets among peers: $17,597,000
  • Average return on equity (ROE) among peers: 2.51%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Westminster Group Plc (WSG) GBX2.82 Million 11.26% 1.49x $466.79
Croma Security Solutions Group Plc (CSSG) $15.22 Million 3.57% 0.19x $1.22K
Image Scan Holdings Plc (IGE) $872.00K -27.18% 1.18x $308.05
Journeo PLC (JNEO) $12.74 Million 23.34% 1.81x $8.92K
London Security Plc (LSC) $47.98 Million 9.59% 0.63x $37.42K
Newmark Security plc (NWT) $7.93 Million 4.45% 1.34x $1.20K
Petards Group plc (PEG) $-2.29 Million 0.00% 0.00x $849.40
Synectics plc (SNX) $40.72 Million 3.77% 0.51x $5.00K