FW Thorpe Plc
FW Thorpe Plc designs, manufactures, and supplies professional lighting equipment in the United Kingdom, the Netherlands, Germany, rest of Europe, and internationally. The company offers professional lighting and control systems, including recessed, surface, and suspended luminaires; emergency lighting systems; hazardous area lighting; high and low bay luminaires; lighting controls; and exterior … Read more
FW Thorpe Plc (THFWF) - Net Assets
Latest net assets as of December 2024: $176.45 Million USD
Based on the latest financial reports, FW Thorpe Plc (THFWF) has net assets worth $176.45 Million USD as of December 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($233.07 Million) and total liabilities ($56.62 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 | $176.45 Million |
| % of Total Assets | 75.71% |
| Annual Growth Rate | 7.67% |
| 5-Year Change | 37.77% |
| 10-Year Change | N/A |
| Growth Volatility | 2.18 |
FW Thorpe Plc - Net Assets Trend (2019–2024)
This chart illustrates how FW Thorpe Plc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for FW Thorpe Plc (2019–2024)
The table below shows the annual net assets of FW Thorpe Plc from 2019 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-06-30 | $176.76 Million | +10.24% |
| 2023-06-30 | $160.34 Million | +10.31% |
| 2022-06-30 | $145.35 Million | +6.10% |
| 2021-06-30 | $136.99 Million | +6.77% |
| 2020-06-30 | $128.30 Million | +5.03% |
| 2019-06-30 | $122.16 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to FW Thorpe 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 46.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (June 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $170.82 Million | 96.64% |
| Other Components | $5.94 Million | 3.36% |
| Total Equity | $176.76 Million | 100.00% |
FW Thorpe Plc Competitors by Market Cap
The table below lists competitors of FW Thorpe Plc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Torpol SA
WAR:TOR
|
$186.62 Million |
|
Ideal Group S.A
AT:INTEK
|
$186.66 Million |
|
MITO SECURITIES
F:896
|
$186.67 Million |
|
Jiangsu Fengshan Group Co Ltd
SHG:603810
|
$186.83 Million |
|
Jiin Yeeh Ding Enterprise Co Ltd
TWO:8390
|
$186.52 Million |
|
Chongqing Wanli New Energy Co Ltd
SHG:600847
|
$186.44 Million |
|
Uchi Technologies Bhd
KLSE:7100
|
$186.44 Million |
|
Shinfox Energy Co Ltd
TW:6806
|
$186.41 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in FW Thorpe Plc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 160,341,000 to 176,762,000, a change of 16,421,000 (10.2%).
- Net income of 24,313,000 contributed positively to equity growth.
- Dividend payments of 7,668,000 reduced retained earnings.
- New share issuances of 112,000 increased equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $24.31 Million | +13.75% |
| Dividends Paid | $7.67 Million | -4.34% |
| Share Issuances | $112.00K | +0.06% |
| Other Changes | $-336.00K | -0.19% |
| Total Change | $- | 10.24% |
Book Value vs Market Value Analysis
This analysis compares FW Thorpe 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: 2.49x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 3.56x to 2.49x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-06-30 | $1.05 | $3.75 | x |
| 2020-06-30 | $1.10 | $3.75 | x |
| 2021-06-30 | $1.17 | $3.75 | x |
| 2022-06-30 | $1.24 | $3.75 | x |
| 2023-06-30 | $1.37 | $3.75 | x |
| 2024-06-30 | $1.51 | $3.75 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently FW Thorpe 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): 13.75%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 13.83%
- • Asset Turnover: 0.74x
- • Equity Multiplier: 1.35x
- Recent ROE (13.75%) is above the historical average (12.73%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 13.21% | 14.59% | 0.68x | 1.33x | $3.92 Million |
| 2020 | 10.38% | 11.75% | 0.67x | 1.32x | $483.80K |
| 2021 | 11.54% | 13.41% | 0.65x | 1.33x | $2.11 Million |
| 2022 | 13.81% | 13.97% | 0.70x | 1.42x | $5.54 Million |
| 2023 | 13.68% | 12.41% | 0.78x | 1.42x | $5.90 Million |
| 2024 | 13.75% | 13.83% | 0.74x | 1.35x | $6.64 Million |
Industry Comparison
This section compares FW Thorpe Plc's net assets metrics with peer companies in the Electrical Equipment & Parts industry.
Industry Context
- Industry: Electrical Equipment & Parts
- Average net assets among peers: $315,233,876
- Average return on equity (ROE) among peers: -5.11%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| FW Thorpe Plc (THFWF) | $176.45 Million | 13.21% | 0.32x | $186.55 Million |
| ABB Ltd (ABBNY) | $2.23 Billion | -31.00% | 13.51x | $85.22 Billion |
| Advent Technologies Holdings Inc (ADN) | $130.20 Million | -15.76% | 0.25x | $1.02 Million |
| Ads Tec Energy PLC (ADSE) | $-8.59 Million | 0.00% | 0.00x | $194.80 Million |
| Advanced Energy Industries Inc (AEIS) | $392.07 Million | 32.51% | 0.46x | $11.51 Billion |
| AFC Energy plc (AFGYF) | $30.27 Million | -57.55% | 0.21x | $91.15 Million |
| Alfen N.V (ALFNF) | $6.81 Million | 25.29% | 3.39x | $265.32 Million |
| Amprius Technologies Inc. (AMPX) | $13.86 Million | -71.41% | 0.34x | $1.30 Billion |
| Asia Pacific Wire & Cable Corp Ltd (APWC) | $118.20 Million | 3.47% | 0.76x | $17.88 Million |
| Astro Communications Inc (ASTO) | $7.59 Million | 3.65% | 0.08x | $18.93K |
| Atkore International Group Inc (ATKR) | $232.94 Million | 59.69% | 5.17x | $1.72 Billion |