HALFORDS GROUP
HALFORDS GROUP operates in Diversified Metals & Mining.
HALFORDS GROUP (HDK) - Net Assets
Latest net assets as of March 2024: €553.80 Million EUR
Based on the latest financial reports, HALFORDS GROUP (HDK) has net assets worth €553.80 Million EUR as of March 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€1.28 Billion) and total liabilities (€725.70 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 | €553.80 Million |
| % of Total Assets | 43.28% |
| Annual Growth Rate | 4.48% |
| 5-Year Change | 51.39% |
| 10-Year Change | N/A |
| Growth Volatility | 13.15 |
HALFORDS GROUP - Net Assets Trend (2017–2024)
This chart illustrates how HALFORDS GROUP's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for HALFORDS GROUP (2017–2024)
The table below shows the annual net assets of HALFORDS GROUP from 2017 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-03-31 | €553.80 Million | -0.56% |
| 2023-03-31 | €556.90 Million | +1.07% |
| 2022-03-31 | €551.00 Million | +31.88% |
| 2021-03-31 | €417.80 Million | +14.22% |
| 2020-03-31 | €365.80 Million | -13.11% |
| 2019-03-31 | €421.00 Million | -0.21% |
| 2018-03-31 | €421.90 Million | +3.53% |
| 2017-03-31 | €407.50 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to HALFORDS GROUP'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 29.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €340.20 Million | 61.43% |
| Other Components | €213.60 Million | 38.57% |
| Total Equity | €553.80 Million | 100.00% |
HALFORDS GROUP Competitors by Market Cap
The table below lists competitors of HALFORDS GROUP ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
iVision Tech S.p.A.
F:O42
|
$15.33K |
|
HEMISPHERE EGY
MU:N4Q1
|
$15.34K |
|
Nara Cellar Co. Ltd.
KO:405920
|
$15.34K |
|
EROS INTL
BE:E1O
|
$15.35K |
|
Performance One AG
XETRA:PO1
|
$15.31K |
|
DOHL3F
SA:DOHL3F
|
$15.30K |
|
Agriculture Printing and Packaging JSC
VN:INN
|
$15.30K |
|
Katapult Holdings Equity Warrants Exp 09 June 2026
NASDAQ:KPLTW
|
$15.29K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in HALFORDS GROUP's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 556,900,000 to 553,800,000, a change of -3,100,000 (-0.6%).
- Net income of 16,900,000 contributed positively to equity growth.
- Dividend payments of 21,700,000 reduced retained earnings.
- Share repurchases of 10,200,000 reduced equity.
- New share issuances of 4,200,000 increased equity.
- Other factors increased equity by 7,700,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €16.90 Million | +3.05% |
| Dividends Paid | €21.70 Million | -3.92% |
| Share Repurchases | €10.20 Million | -1.84% |
| Share Issuances | €4.20 Million | +0.76% |
| Other Changes | €7.70 Million | +1.39% |
| Total Change | €- | -0.56% |
Book Value vs Market Value Analysis
This analysis compares HALFORDS GROUP'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: 0.65x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 0.80x to 0.65x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-03-31 | €2.05 | €1.64 | x |
| 2018-03-31 | €2.12 | €1.64 | x |
| 2019-03-31 | €2.11 | €1.64 | x |
| 2020-03-31 | €1.84 | €1.64 | x |
| 2021-03-31 | €2.10 | €1.64 | x |
| 2022-03-31 | €2.52 | €1.64 | x |
| 2023-03-31 | €2.54 | €1.64 | x |
| 2024-03-31 | €2.53 | €1.64 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently HALFORDS GROUP 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): 3.05%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.00%
- • Asset Turnover: 1.33x
- • Equity Multiplier: 2.31x
- Recent ROE (3.05%) is below the historical average (9.56%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 13.84% | 5.15% | 1.41x | 1.90x | €15.65 Million |
| 2018 | 12.97% | 4.82% | 1.45x | 1.85x | €12.51 Million |
| 2019 | 9.95% | 3.68% | 1.53x | 1.76x | €-200.00K |
| 2020 | 4.78% | 1.52% | 0.97x | 3.27x | €-19.08 Million |
| 2021 | 12.73% | 4.12% | 1.21x | 2.56x | €11.42 Million |
| 2022 | 14.10% | 5.62% | 1.08x | 2.32x | €22.60 Million |
| 2023 | 5.05% | 1.79% | 1.17x | 2.42x | €-27.59 Million |
| 2024 | 3.05% | 1.00% | 1.33x | 2.31x | €-38.48 Million |
Industry Comparison
This section compares HALFORDS GROUP's net assets metrics with peer companies in the Other industry.
Industry Context
- Industry: Other
- Average net assets among peers: $107,279,526,363
- Average return on equity (ROE) among peers: 7.07%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| HALFORDS GROUP (HDK) | €553.80 Million | 13.84% | 1.31x | $15.32K |
| HORIBA (01H) | $204.49 Billion | 10.42% | 0.82x | $973.51K |
| Tokyu Corporation (01T) | $747.05 Billion | 9.38% | 2.03x | $93.98K |
| GUANGZHOU AUTO -H- (02G) | $77.92 Billion | 13.99% | 0.70x | $4.23K |
| MOSAIC (02M) | $9.37 Billion | -11.39% | 1.06x | $267.55K |
| MOSAIC (02M.SG) (02M) | $10.72 Billion | 9.59% | 0.71x | $264.31K |
| CHINA JO-JO DRGSTRS (04CN.SG) (04CN) | $22.74 Million | -14.04% | 3.68x | $1.51 Million |
| KRAKATAU STEEL -B- (07K) | $587.19 Million | 7.57% | 5.43x | $166.88 |
| CN MODERN DAIRY (07M.SG) (07M) | $8.04 Billion | 9.58% | 0.94x | $1.66K |
| TOURMALINE OIL (08T) | $13.69 Billion | 32.78% | 0.38x | $376.57K |
| ASIA CASSAVA RESOUR (0ACS) | $913.15 Million | 2.86% | 1.55x | $343.89 |