Manchester United Ltd (MANU) - Net Assets
Based on the latest financial reports, Manchester United Ltd (MANU) has net assets worth $-347.32 Million USD as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.73 Billion) and total liabilities ($2.07 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. Check strategic asset allocation of Manchester United Ltd to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $-347.32 Million |
| % of Total Assets | -20.1% |
| Annual Growth Rate | 0.47% |
| 5-Year Change | -28.91% |
| 10-Year Change | -57.73% |
| Growth Volatility | 158.89 |
Manchester United Ltd - Net Assets Trend (2000–2025)
This chart illustrates how Manchester United Ltd's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see Manchester United Ltd (MANU) market capitalisation.
Annual Net Assets for Manchester United Ltd (2000–2025)
The table below shows the annual net assets of Manchester United Ltd from 2000 to 2025. Also explore how fast is Manchester United Ltd growing its equity to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | $193.73 Million | +33.71% |
| 2024-06-30 | $144.89 Million | +39.38% |
| 2023-06-30 | $103.95 Million | -18.48% |
| 2022-06-30 | $127.51 Million | -53.21% |
| 2021-06-30 | $272.51 Million | -22.41% |
| 2020-06-30 | $351.23 Million | -15.41% |
| 2019-06-30 | $415.20 Million | -2.79% |
| 2018-06-30 | $427.10 Million | -11.04% |
| 2017-06-30 | $480.09 Million | +4.76% |
| 2016-06-30 | $458.28 Million | -4.11% |
| 2015-06-30 | $477.92 Million | -4.16% |
| 2014-06-30 | $498.65 Million | +11.32% |
| 2013-06-30 | $447.96 Million | +90.54% |
| 2012-06-30 | $235.10 Million | +6.66% |
| 2011-06-30 | $220.42 Million | +638.39% |
| 2010-06-30 | $-40.94 Million | -726.20% |
| 2009-06-30 | $6.54 Million | -97.98% |
| 2005-06-30 | $323.92 Million | +2.36% |
| 2004-06-30 | $316.45 Million | +25.32% |
| 2003-06-30 | $252.51 Million | +17.49% |
| 2002-06-30 | $214.92 Million | +20.98% |
| 2001-06-30 | $177.65 Million | +3.16% |
| 2000-06-30 | $172.21 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Manchester United Ltd'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 decreased by 357.7% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $56.00K | 0.03% |
| Other Comprehensive Income | $249.25 Million | 128.66% |
| Other Components | $286.04 Million | 147.65% |
| Total Equity | $193.73 Million | 100.00% |
Manchester United Ltd Competitors by Market Cap
The table below lists competitors of Manchester United Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Vietnam Export Import Commercial Joint Stock Bank
VN:EIB
|
$1.13 Billion |
|
Dongwon Ind
KO:006040
|
$1.13 Billion |
|
Jiangsu Libert Inc
SHG:605167
|
$1.13 Billion |
|
Wonik Holdings Co. Ltd
KQ:030530
|
$1.13 Billion |
|
Metropolitan Bank Holding
NYSE:MCB
|
$1.13 Billion |
|
Valeura Energy Inc
TO:VLE
|
$1.13 Billion |
|
Shanghai Datun Energy Resources Co Ltd
SHG:600508
|
$1.13 Billion |
|
361 Degrees International Limited
F:36L
|
$1.13 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Manchester United Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 144,890,000 to 193,733,000, a change of 48,843,000 (33.7%).
- Net loss of 33,023,000 reduced equity.
- New share issuances of 79,985,000 increased equity.
- Other comprehensive income increased equity by 1,222,999.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-33.02 Million | -17.05% |
| Share Issuances | $79.98 Million | +41.29% |
| Other Comprehensive Income | $1.22 Million | +0.63% |
| Other Changes | $658.00K | +0.34% |
| Total Change | $- | 33.71% |
Book Value vs Market Value Analysis
This analysis compares Manchester United Ltd'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: 17.98x
- 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 330.63x to 17.98x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2009-06-30 | $0.06 | $20.18 | x |
| 2010-06-30 | $-0.25 | $20.18 | x |
| 2011-06-30 | $1.43 | $20.18 | x |
| 2012-06-30 | $1.55 | $20.18 | x |
| 2013-06-30 | $2.75 | $20.18 | x |
| 2014-06-30 | $3.04 | $20.18 | x |
| 2015-06-30 | $2.91 | $20.18 | x |
| 2016-06-30 | $2.79 | $20.18 | x |
| 2017-06-30 | $2.92 | $20.18 | x |
| 2018-06-30 | $2.59 | $20.18 | x |
| 2019-06-30 | $2.52 | $20.18 | x |
| 2020-06-30 | $2.14 | $20.18 | x |
| 2021-06-30 | $1.67 | $20.18 | x |
| 2022-06-30 | $0.78 | $20.18 | x |
| 2023-06-30 | $0.64 | $20.18 | x |
| 2024-06-30 | $0.88 | $20.18 | x |
| 2025-06-30 | $1.12 | $20.18 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Manchester United Ltd 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): -17.05%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -4.95%
- • Asset Turnover: 0.41x
- • Equity Multiplier: 8.45x
- Recent ROE (-17.05%) is below the historical average (-5.78%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 0.00% | 0.00% | 0.60x | 1.67x | $-17.22 Million |
| 2001 | 0.00% | 0.00% | 0.60x | 1.75x | $-17.76 Million |
| 2002 | 0.00% | 0.00% | 0.59x | 1.79x | $-21.49 Million |
| 2003 | 0.00% | 0.00% | 0.65x | 1.70x | $-25.25 Million |
| 2004 | 0.00% | 0.00% | 0.60x | 1.63x | $-31.65 Million |
| 2005 | 0.00% | 0.00% | 0.55x | 1.58x | $-32.39 Million |
| 2009 | 56.35% | 1.92% | 0.28x | 104.79x | $4.39 Million |
| 2010 | 0.00% | -16.67% | 0.29x | 0.00x | $-43.93 Million |
| 2011 | 5.68% | 3.82% | 0.33x | 4.57x | $-9.63 Million |
| 2012 | 9.69% | 7.18% | 0.34x | 3.99x | $-724.00K |
| 2013 | 32.65% | 40.27% | 0.32x | 2.50x | $101.45 Million |
| 2014 | 4.78% | 5.50% | 0.36x | 2.44x | $-26.03 Million |
| 2015 | -0.19% | -0.23% | 0.30x | 2.72x | $-48.69 Million |
| 2016 | 7.94% | 7.06% | 0.35x | 3.17x | $-9.46 Million |
| 2017 | 8.17% | 6.75% | 0.38x | 3.19x | $-8.80 Million |
| 2018 | -8.81% | -6.38% | 0.38x | 3.62x | $-80.34 Million |
| 2019 | 4.55% | 3.01% | 0.42x | 3.60x | $-22.64 Million |
| 2020 | -6.61% | -4.56% | 0.37x | 3.94x | $-58.36 Million |
| 2021 | -33.84% | -18.66% | 0.39x | 4.62x | $-119.47 Million |
| 2022 | -90.59% | -19.81% | 0.45x | 10.15x | $-128.26 Million |
| 2023 | -27.59% | -4.42% | 0.49x | 12.68x | $-39.07 Million |
| 2024 | -78.10% | -17.10% | 0.49x | 9.28x | $-127.65 Million |
| 2025 | -17.05% | -4.95% | 0.41x | 8.45x | $-52.40 Million |
Industry Comparison
This section compares Manchester United Ltd's net assets metrics with peer companies in the Entertainment industry.
Industry Context
- Industry: Entertainment
- Average net assets among peers: $429,345,931
- Average return on equity (ROE) among peers: -252.26%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Manchester United Ltd (MANU) | $-347.32 Million | 0.00% | N/A | $1.13 Billion |
| AI Era Corp. (ABQQD) | $1.46 Million | 37.15% | 0.61x | $772.11K |
| Color Star Technology Co. Ltd. (ADD) | $24.72 Million | -153.14% | 0.22x | $63.13K |
| Alliance Entertainment Holding Corporation Class A Common Stock (AENT) | $103.22 Million | 14.61% | 2.50x | $288.42 Million |
| Passat Société Anonyme (ALXIL) | $69.48 Million | 2.11% | 1.23x | $20.25 Million |
| AMC Entertainment Holdings Inc (AMC) | $2.01 Billion | 5.76% | 3.28x | $1.05 Billion |
| AMC Networks Inc (AMCX) | $1.19 Billion | 21.12% | 3.85x | $365.22 Million |
| Anghami De Inc (ANGH) | $58.64 Million | -108.38% | 1.12x | $29.82 Million |
| Angel Studios, Inc. (ANGX) | $3.85 Million | -2291.83% | 24.58x | $712.93 Million |
| Atlanta Braves Holdings, Inc. Series A Common Stock (BATRA) | $291.00 Million | -26.80% | 4.40x | $570.18 Million |
| Atlanta Braves Holdings, Inc. Series C Common Stock (BATRK) | $540.64 Million | -23.18% | 1.78x | $2.64 Billion |
About Manchester United Ltd
Manchester United plc, together with its subsidiaries, operates a professional sports team in the United Kingdom. The company is involved in marketing and sponsorship relationships with international and regional companies to commercialize its brand. It also markets and sells sports apparel, training and leisure wear, and other clothing; and other licensed products, such as coffee mugs and home a… Read more