Westminster Group Plc (WSG) - Net Assets
Based on the latest financial reports, Westminster Group Plc (WSG) has net assets worth GBX2.82 Million GBX (≈ $343.60 USD) 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 ≈ $855.71 USD) and total liabilities (GBX4.21 Million ≈ $512.11 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. Read Westminster Group Plc total liabilities for a breakdown of total debt and financial obligations.
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. Also explore WSG total assets for the complete picture of this company's asset base.
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. For live valuation and market cap data, see Westminster Group Plc market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-06-30 | GBX3.34 Million ≈ $406.87 |
-54.90% |
| 2022-12-31 | GBX7.42 Million ≈ $902.19 |
-0.64% |
| 2021-12-31 | GBX7.46 Million ≈ $908.03 |
+5.72% |
| 2020-12-31 | GBX7.06 Million ≈ $858.88 |
+265.75% |
| 2019-12-31 | GBX1.93 Million ≈ $234.83 |
+68.41% |
| 2018-12-31 | GBX1.15 Million ≈ $139.44 |
+466.13% |
| 2017-12-31 | GBX-313.00K ≈ $-38.08 |
-113.63% |
| 2016-12-31 | GBX2.30 Million ≈ $279.36 |
+36.18% |
| 2015-12-31 | GBX1.69 Million ≈ $205.14 |
-30.27% |
| 2014-12-31 | GBX2.42 Million ≈ $294.20 |
+12.00% |
| 2013-12-31 | GBX2.16 Million ≈ $262.69 |
+333.41% |
| 2012-12-31 | GBX-925.00K ≈ $-112.55 |
-689.17% |
| 2011-12-31 | GBX157.00K ≈ $19.10 |
-93.00% |
| 2010-12-31 | GBX2.24 Million ≈ $273.03 |
-41.21% |
| 2009-12-31 | GBX3.82 Million ≈ $464.42 |
+15.70% |
| 2008-12-31 | GBX3.30 Million ≈ $401.39 |
+1.79% |
| 2007-12-31 | GBX3.24 Million ≈ $394.34 |
+460.73% |
| 2006-12-31 | GBX578.00K ≈ $70.33 |
-43.61% |
| 2005-09-30 | GBX1.02 Million ≈ $124.71 |
+2.60% |
| 2004-09-30 | GBX999.00K ≈ $121.55 |
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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 |
|---|---|
|
DongBang Medical
KQ:240550
|
$46.69K |
|
Heavitree Brewery
LSE:HVT
|
$46.73K |
|
Novae Group Plc
STU:NVAL
|
$47.53K |
|
Chess Depositary Interests 1:1 Deferred Settlement
AU:AIIDA
|
$47.76K |
|
Silver Bullet Data Services Group PLC
LSE:SBDS
|
$46.54K |
|
Fletcher King Plc
LSE:FLK
|
$46.15K |
|
KCR Residential Reit PLC
LSE:KCR
|
$45.63K |
|
Thalassa Holdings Ltd
LSE:THAL
|
$45.60K |
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: $7,929,547
- Average return on equity (ROE) among peers: -76.15%
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 | $46.68K |
| Croma Security Solutions Group Plc (CSSG) | $15.73 Million | 5.00% | 0.17x | $113.08K |
| Image Scan Holdings Plc (IGE) | $976.74K | 11.06% | 0.76x | $31.64K |
| Journeo PLC (JNEO) | $1.53 Million | -152.48% | 1.30x | $924.72K |
| London Security Plc (LSC) | $7.47 Million | 2.84% | 1.09x | $4.40 Million |
| Marlowe plc (MRL) | $2.94 Million | 1.26% | 0.01x | $122.94K |
| Newmark Security plc (NWT) | $7.57 Million | -10.62% | 1.14x | $108.82K |
| Petards Group plc (PEG) | $184.00K | -536.41% | 11.36x | $77.55K |
| Synectics plc (SNX) | $32.16 Million | 0.81% | 0.75x | $413.14K |
| Thruvision Group PLC (THRU) | $2.81 Million | -6.79% | 0.72x | $42.14K |
About Westminster Group Plc
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