Zytronic
Zytronic plc, together with its subsidiaries, develops, manufactures, and markets interactive touch sensor products. The company offers touchscreens in gaming; retail, leisure, and commercial applications; digital signage; vending; and industrial applications, as well as touch controllers. It provides single and multi-touch sensing technology, as well as zypos, zybrid, zytouch, zyprofilm, zyfilm,… Read more
Zytronic (ZYT) - Net Assets
Latest net assets as of March 2024: GBX12.91 Million GBX
Based on the latest financial reports, Zytronic (ZYT) has net assets worth GBX12.91 Million GBX as of March 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX13.83 Million) and total liabilities (GBX927.00K). 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 | GBX12.91 Million |
| % of Total Assets | 93.3% |
| Annual Growth Rate | 9.6% |
| 5-Year Change | -48.06% |
| 10-Year Change | -25.78% |
| Growth Volatility | 2492.25 |
Zytronic - Net Assets Trend (1997–2023)
This chart illustrates how Zytronic's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Zytronic (1997–2023)
The table below shows the annual net assets of Zytronic from 1997 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-09-30 | GBX13.40 Million | -11.77% |
| 2022-09-30 | GBX15.19 Million | -9.41% |
| 2021-09-30 | GBX16.77 Million | -27.31% |
| 2020-09-30 | GBX23.07 Million | -10.59% |
| 2019-09-30 | GBX25.80 Million | -3.61% |
| 2018-09-30 | GBX26.77 Million | -0.04% |
| 2017-09-30 | GBX26.78 Million | +15.23% |
| 2016-09-30 | GBX23.24 Million | +12.30% |
| 2015-09-30 | GBX20.69 Million | +14.61% |
| 2014-09-30 | GBX18.05 Million | +12.12% |
| 2013-09-30 | GBX16.10 Million | +3.34% |
| 2012-09-30 | GBX15.58 Million | +18.87% |
| 2011-09-30 | GBX13.11 Million | +14.45% |
| 2010-09-30 | GBX11.45 Million | +14.54% |
| 2009-09-30 | GBX10.00 Million | +12.56% |
| 2008-09-30 | GBX8.88 Million | +8.04% |
| 2007-09-30 | GBX8.22 Million | +2.15% |
| 2006-09-30 | GBX8.05 Million | +14.96% |
| 2005-09-30 | GBX7.00 Million | +9.48% |
| 2004-09-30 | GBX6.39 Million | +3.83% |
| 2003-09-30 | GBX6.16 Million | -4.75% |
| 2002-09-30 | GBX6.47 Million | -5.72% |
| 2001-09-30 | GBX6.86 Million | +5.04% |
| 2000-09-30 | GBX6.53 Million | +12958.00% |
| 1999-09-30 | GBX50.00K | -94.69% |
| 1998-09-30 | GBX941.00K | -23.93% |
| 1997-09-30 | GBX1.24 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Zytronic'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 257.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (September 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | GBX4.25 Million | 31.68% |
| Common Stock | GBX102.00K | 0.76% |
| Other Comprehensive Income | GBX58.00K | 0.43% |
| Other Components | GBX8.99 Million | 67.12% |
| Total Equity | GBX13.40 Million | 100.00% |
Zytronic Competitors by Market Cap
The table below lists competitors of Zytronic ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Token Communities Ltd
PINK:TKCM
|
$547.31 |
|
GIYANI GOLD
MU:KT9
|
$548.16 |
|
Primorus Investments plc
LSE:PRIM
|
$548.61 |
|
Digitize for Investment And Technology
EGX:DGTZ
|
$548.91 |
|
ECHQF
PINK:ECHQF
|
$546.18 |
|
Loans4Less.Com Inc
PINK:LFLS
|
$546.06 |
|
Tiger Royalties and investments Plc
LSE:TIR
|
$545.19 |
|
Hala Enterprises Limited
KAR:HAEL
|
$545.03 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Zytronic's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 15,187,000 to 13,399,000, a change of -1,788,000 (-11.8%).
- Net loss of 1,564,000 reduced equity.
- Dividend payments of 224,000 reduced retained earnings.
- Other comprehensive income decreased equity by 6,033,001.
- Other factors increased equity by 6,033,001.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | GBX-1.56 Million | -11.67% |
| Dividends Paid | GBX224.00K | -1.67% |
| Other Comprehensive Income | GBX-6.03 Million | -45.03% |
| Other Changes | GBX6.03 Million | +45.03% |
| Total Change | GBX- | -11.77% |
Book Value vs Market Value Analysis
This analysis compares Zytronic'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: 33.52x
- 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 290.93x to 33.52x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1997-09-30 | GBX0.15 | GBX44.20 | x |
| 1998-09-30 | GBX0.12 | GBX44.20 | x |
| 1999-09-30 | GBX0.01 | GBX44.20 | x |
| 2000-09-30 | GBX0.67 | GBX44.20 | x |
| 2001-09-30 | GBX0.48 | GBX44.20 | x |
| 2002-09-30 | GBX0.45 | GBX44.20 | x |
| 2003-09-30 | GBX0.43 | GBX44.20 | x |
| 2004-09-30 | GBX0.43 | GBX44.20 | x |
| 2005-09-30 | GBX0.48 | GBX44.20 | x |
| 2006-09-30 | GBX0.55 | GBX44.20 | x |
| 2007-09-30 | GBX0.56 | GBX44.20 | x |
| 2008-09-30 | GBX0.60 | GBX44.20 | x |
| 2009-09-30 | GBX0.68 | GBX44.20 | x |
| 2010-09-30 | GBX0.77 | GBX44.20 | x |
| 2011-09-30 | GBX0.88 | GBX44.20 | x |
| 2012-09-30 | GBX1.04 | GBX44.20 | x |
| 2013-09-30 | GBX1.07 | GBX44.20 | x |
| 2014-09-30 | GBX1.19 | GBX44.20 | x |
| 2015-09-30 | GBX1.34 | GBX44.20 | x |
| 2016-09-30 | GBX1.49 | GBX44.20 | x |
| 2017-09-30 | GBX1.68 | GBX44.20 | x |
| 2018-09-30 | GBX1.67 | GBX44.20 | x |
| 2019-09-30 | GBX1.61 | GBX44.20 | x |
| 2020-09-30 | GBX1.44 | GBX44.20 | x |
| 2021-09-30 | GBX1.26 | GBX44.20 | x |
| 2022-09-30 | GBX1.40 | GBX44.20 | x |
| 2023-09-30 | GBX1.32 | GBX44.20 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Zytronic 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): -11.67%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -18.16%
- • Asset Turnover: 0.60x
- • Equity Multiplier: 1.08x
- Recent ROE (-11.67%) is below the historical average (9.85%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1997 | 64.19% | 9.05% | 1.22x | 5.80x | GBX670.30K |
| 1998 | 21.68% | 3.86% | 0.75x | 7.53x | GBX109.90K |
| 1999 | -44.00% | -0.32% | 0.79x | 177.38x | GBX-27.00K |
| 2000 | 5.33% | 7.76% | 0.56x | 1.23x | GBX-304.90K |
| 2001 | 7.84% | 9.30% | 0.69x | 1.23x | GBX-147.80K |
| 2002 | -4.96% | -6.34% | 0.61x | 1.29x | GBX-967.60K |
| 2003 | -4.98% | -5.40% | 0.73x | 1.26x | GBX-922.90K |
| 2004 | 3.69% | 2.70% | 1.03x | 1.33x | GBX-403.50K |
| 2005 | 9.63% | 6.36% | 1.14x | 1.33x | GBX-26.10K |
| 2006 | 13.92% | 9.10% | 1.13x | 1.36x | GBX315.20K |
| 2007 | 6.50% | 4.67% | 0.92x | 1.51x | GBX-288.10K |
| 2008 | 11.97% | 7.22% | 1.02x | 1.62x | GBX174.80K |
| 2009 | 17.07% | 10.72% | 0.94x | 1.69x | GBX707.20K |
| 2010 | 19.11% | 11.84% | 1.03x | 1.57x | GBX1.04 Million |
| 2011 | 20.54% | 13.14% | 0.95x | 1.64x | GBX1.38 Million |
| 2012 | 21.16% | 16.14% | 0.97x | 1.35x | GBX1.74 Million |
| 2013 | 10.32% | 9.62% | 0.83x | 1.29x | GBX51.90K |
| 2014 | 16.40% | 15.67% | 0.82x | 1.27x | GBX1.15 Million |
| 2015 | 18.22% | 17.72% | 0.84x | 1.22x | GBX1.70 Million |
| 2016 | 17.59% | 19.38% | 0.75x | 1.21x | GBX1.76 Million |
| 2017 | 17.13% | 20.04% | 0.78x | 1.09x | GBX1.91 Million |
| 2018 | 13.63% | 16.36% | 0.75x | 1.10x | GBX970.50K |
| 2019 | 10.43% | 13.39% | 0.72x | 1.08x | GBX111.20K |
| 2020 | -1.27% | -2.32% | 0.50x | 1.09x | GBX-2.60 Million |
| 2021 | 2.42% | 3.48% | 0.62x | 1.13x | GBX-1.27 Million |
| 2022 | 4.02% | 4.95% | 0.71x | 1.14x | GBX-907.70K |
| 2023 | -11.67% | -18.16% | 0.60x | 1.08x | GBX-2.90 Million |
Industry Comparison
This section compares Zytronic's net assets metrics with peer companies in the Electronic Components industry.
Industry Context
- Industry: Electronic Components
- Average net assets among peers: $3,369,651,359
- Average return on equity (ROE) among peers: -17.35%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Zytronic (ZYT) | GBX12.91 Million | 64.19% | 0.07x | $546.48 |
| CAP-XX Limited (CPX) | $6.84 Million | -72.17% | 0.78x | $1.59K |
| Discoverie Group PLC (DSCV) | $72.50 Million | 9.66% | 1.31x | $78.70K |
| Strix Group Plc (KETL) | $23.41 Billion | 1.50% | 0.05x | $9.95K |
| Light Science Technologies Holdings PLC (LST) | $3.92 Million | -55.28% | 1.18x | $1.85K |
| Raspberry Pi Holdings PLC (RPI) | $89.08 Million | 15.55% | 0.38x | $72.70K |
| Solid State Plc (SOLI) | $2.06 Million | 4.07% | 0.43x | $11.04K |
| Windar Photonics Plc (WPHO) | $1.50 Million | -24.79% | 0.57x | $5.98K |