RECKITT BENCK GRP
RECKITT BENCK GRP operates in Diversified Metals & Mining.
RECKITT BENCK GRP (3RB) - Net Assets
Latest net assets as of June 2024: €8.09 Billion EUR
Based on the latest financial reports, RECKITT BENCK GRP (3RB) has net assets worth €8.09 Billion EUR as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€26.41 Billion) and total liabilities (€18.32 Billion). 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 | €8.09 Billion |
| % of Total Assets | 30.64% |
| Annual Growth Rate | 0.07% |
| 5-Year Change | -9.97% |
| 10-Year Change | N/A |
| Growth Volatility | 29.82 |
RECKITT BENCK GRP - Net Assets Trend (2016–2023)
This chart illustrates how RECKITT BENCK GRP's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for RECKITT BENCK GRP (2016–2023)
The table below shows the annual net assets of RECKITT BENCK GRP from 2016 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | €8.47 Billion | -10.69% |
| 2022-12-31 | €9.48 Billion | +27.24% |
| 2021-12-31 | €7.45 Billion | -18.63% |
| 2020-12-31 | €9.16 Billion | -2.64% |
| 2019-12-31 | €9.41 Billion | -36.39% |
| 2018-12-31 | €14.79 Billion | +8.96% |
| 2017-12-31 | €13.57 Billion | +61.08% |
| 2016-12-31 | €8.43 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to RECKITT BENCK GRP'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 7.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €23.41 Billion | 277.10% |
| Total Equity | €8.45 Billion | 100.00% |
RECKITT BENCK GRP Competitors by Market Cap
The table below lists competitors of RECKITT BENCK GRP ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Mahalaxmi Fabric Mills Limited
NSE:MFML
|
$705.51K |
|
PUBL SVCS ENTERPR - Dusseldorf Stock Exchang
DU:PSE
|
$705.60K |
|
ESTEE LAUDER-A - Dusseldorf Stock Exchang
DU:ELAA
|
$706.45K |
|
KELLOGG - Dusseldorf Stock Exchang
DU:KEL
|
$706.50K |
|
Blue River Resources Ltd
PINK:BRVRF
|
$704.59K |
|
Curiox Biosystems Co. Ltd
KQ:445680
|
$704.28K |
|
Global Cannabis Applications Corp
PINK:FUAPF
|
$704.00K |
|
Aurum Lake Mining Corporation
V:ARL
|
$703.78K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in RECKITT BENCK GRP's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 9,443,000,000 to 8,448,000,000, a change of -995,000,000 (-10.5%).
- Net income of 1,643,000,000 contributed positively to equity growth.
- Dividend payments of 1,339,000,000 reduced retained earnings.
- Share repurchases of 207,000,000 reduced equity.
- New share issuances of 46,000,000 increased equity.
- Other factors decreased equity by 1,138,000,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €1.64 Billion | +19.45% |
| Dividends Paid | €1.34 Billion | -15.85% |
| Share Repurchases | €207.00 Million | -2.45% |
| Share Issuances | €46.00 Million | +0.54% |
| Other Changes | €-1.14 Billion | -13.47% |
| Total Change | €- | -10.54% |
Book Value vs Market Value Analysis
This analysis compares RECKITT BENCK GRP'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: 5.92x
- 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 3.64x to 5.92x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | €19.23 | €70.04 | x |
| 2018-12-31 | €20.84 | €70.04 | x |
| 2019-12-31 | €13.19 | €70.04 | x |
| 2020-12-31 | €12.79 | €70.04 | x |
| 2021-12-31 | €10.36 | €70.04 | x |
| 2022-12-31 | €12.82 | €70.04 | x |
| 2023-12-31 | €11.83 | €70.04 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently RECKITT BENCK GRP 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): 19.45%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 11.25%
- • Asset Turnover: 0.54x
- • Equity Multiplier: 3.21x
- Recent ROE (19.45%) is above the historical average (12.42%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 21.76% | 18.52% | 0.55x | 2.14x | €989.90 Million |
| 2017 | 45.61% | 53.61% | 0.31x | 2.74x | €4.82 Billion |
| 2018 | 14.66% | 17.15% | 0.33x | 2.55x | €686.80 Million |
| 2019 | -39.34% | -28.67% | 0.40x | 3.43x | €-4.62 Billion |
| 2020 | 13.02% | 8.48% | 0.45x | 3.43x | €275.50 Million |
| 2021 | -0.43% | -0.24% | 0.49x | 3.64x | €-771.90 Million |
| 2022 | 24.67% | 16.12% | 0.50x | 3.04x | €1.39 Billion |
| 2023 | 19.45% | 11.25% | 0.54x | 3.21x | €798.20 Million |
Industry Comparison
This section compares RECKITT BENCK GRP's net assets metrics with peer companies in the Other industry.
Industry Context
- Industry: Other
- Average net assets among peers: $114,212,818,724
- Average return on equity (ROE) among peers: -9.08%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| RECKITT BENCK GRP (3RB) | €8.09 Billion | 21.76% | 2.26x | $704.85K |
| HORIBA (01H) | $204.49 Billion | 10.42% | 0.82x | $989.01K |
| Tokyu Corporation (01T) | $779.37 Billion | 3.34% | 2.35x | $99.73K |
| GUANGZHOU AUTO -H- (02G) | $122.28 Billion | 6.59% | 0.55x | $4.05K |
| MOSAIC (02M) | $10.60 Billion | 4.43% | 0.90x | $280.83K |
| MOSAIC (02M.SG) (02M) | $9.56 Billion | 10.46% | 0.82x | $247.21K |
| CHINA JO-JO DRGSTRS (04CN.SG) (04CN) | $16.67 Million | -126.83% | 4.46x | $1.55 Million |
| KRAKATAU STEEL -B- (07K) | $552.59 Million | 3.52% | 4.72x | $166.99 |
| CN MODERN DAIRY (07M) | $7.12 Billion | -10.42% | 1.50x | $1.68K |
| TOURMALINE OIL (08T) | $7.22 Billion | 4.81% | 0.41x | $381.02K |
| ASIA CASSAVA RESOUR (0ACS) | $913.15 Million | 2.86% | 1.55x | $325.03 |