Britvic plc
Britvic plc, together with its subsidiaries, manufactures, markets, distributes, and sells soft drinks in the United Kingdom, the Republic of Ireland, France, Brazil, and internationally. It provides fruit juices, syrups, squash, mineral water, sodas, mixers, and energy and flavored drinks. The company supplies water-coolers and bottled water; offers pension funding and financing services; and de… Read more
Britvic plc (BTVCF) - Net Assets
Latest net assets as of March 2024: $320.70 Million USD
Based on the latest financial reports, Britvic plc (BTVCF) has net assets worth $320.70 Million USD as of March 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.86 Billion) and total liabilities ($1.54 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 | $320.70 Million |
| % of Total Assets | 17.22% |
| Annual Growth Rate | 12.57% |
| 5-Year Change | -4.93% |
| 10-Year Change | N/A |
| Growth Volatility | 44.31 |
Britvic plc - Net Assets Trend (2014–2023)
This chart illustrates how Britvic 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 Britvic plc (2014–2023)
The table below shows the annual net assets of Britvic plc from 2014 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-09-30 | $391.70 Million | -19.73% |
| 2022-09-30 | $488.00 Million | +16.11% |
| 2021-09-30 | $420.30 Million | +11.93% |
| 2020-09-30 | $375.50 Million | -8.86% |
| 2019-09-30 | $412.00 Million | +9.20% |
| 2018-09-30 | $377.30 Million | +11.20% |
| 2017-09-30 | $339.30 Million | +20.75% |
| 2016-09-30 | $281.00 Million | -12.56% |
| 2015-09-30 | $321.35 Million | +138.09% |
| 2014-09-30 | $134.97 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Britvic 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 29186509664.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (September 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $126.20 Million | 32.22% |
| Other Components | $265.50 Million | 67.78% |
| Total Equity | $391.70 Million | 100.00% |
Britvic plc Competitors by Market Cap
The table below lists competitors of Britvic plc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Chartwell Retirement Residences
PINK:CWSRF
|
$3.84 Billion |
|
Elis SA
OTCGREY:ELSSF
|
$3.84 Billion |
|
Castellum AB (publ)
PINK:CWQXF
|
$3.84 Billion |
|
Core Scientific, Inc. Common Stock
NASDAQ:CORZ
|
$3.84 Billion |
|
Banque Cantonale Vaudoise
SW:BCVN
|
$3.84 Billion |
|
Amlogic Shanghai Co Ltd
SHG:688099
|
$3.83 Billion |
|
CCOOP Group Co Ltd
SHE:000564
|
$3.83 Billion |
|
GRUPO AEROPORT-B (G7AB.SG)
STU:G7AB
|
$3.83 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Britvic plc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 488,000,000 to 391,700,000, a change of -96,300,000 (-19.7%).
- Net income of 124,000,000 contributed positively to equity growth.
- Dividend payments of 75,500,000 reduced retained earnings.
- Share repurchases of 94,000,000 reduced equity.
- New share issuances of 2,300,000 increased equity.
- Other factors decreased equity by 53,100,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $124.00 Million | +31.66% |
| Dividends Paid | $75.50 Million | -19.27% |
| Share Repurchases | $94.00 Million | -24.0% |
| Share Issuances | $2.30 Million | +0.59% |
| Other Changes | $-53.10 Million | -13.56% |
| Total Change | $- | -19.73% |
Book Value vs Market Value Analysis
This analysis compares Britvic 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: 10.32x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2015-09-30 | $0.00 | $15.90 | x |
| 2016-09-30 | $0.00 | $15.90 | x |
| 2017-09-30 | $1.29 | $15.90 | x |
| 2018-09-30 | $1.43 | $15.90 | x |
| 2019-09-30 | $1.54 | $15.90 | x |
| 2020-09-30 | $1.41 | $15.90 | x |
| 2021-09-30 | $1.57 | $15.90 | x |
| 2022-09-30 | $1.85 | $15.90 | x |
| 2023-09-30 | $1.54 | $15.90 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Britvic 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): 31.66%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.09%
- • Asset Turnover: 0.92x
- • Equity Multiplier: 4.85x
- Recent ROE (31.66%) is below the historical average (39.14%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 107.94% | 6.67% | 1.22x | 13.26x | $132.19 Million |
| 2015 | 49.01% | 7.98% | 1.00x | 6.13x | $125.35 Million |
| 2016 | 40.75% | 8.00% | 0.88x | 5.82x | $86.40 Million |
| 2017 | 32.89% | 7.24% | 0.96x | 4.75x | $77.67 Million |
| 2018 | 31.04% | 7.79% | 0.85x | 4.67x | $79.37 Million |
| 2019 | 19.64% | 5.24% | 0.89x | 4.22x | $39.70 Million |
| 2020 | 25.19% | 6.70% | 0.83x | 4.55x | $57.05 Million |
| 2021 | 24.55% | 7.34% | 0.80x | 4.15x | $61.17 Million |
| 2022 | 28.73% | 8.66% | 0.82x | 4.03x | $91.40 Million |
| 2023 | 31.66% | 7.09% | 0.92x | 4.85x | $84.83 Million |
Industry Comparison
This section compares Britvic plc's net assets metrics with peer companies in the Beverages - Non-Alcoholic industry.
Industry Context
- Industry: Beverages - Non-Alcoholic
- Average net assets among peers: $102,143,547,928
- Average return on equity (ROE) among peers: -156.28%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Britvic plc (BTVCF) | $320.70 Million | 107.94% | 4.81x | $3.84 Billion |
| Embotelladora Andina S.A (AKO-B) | $919.00 Billion | 8.21% | 1.47x | $4.29 Billion |
| Alkame Holdings Inc (ALKM) | $-39.16K | 0.00% | 0.00x | $549.92K |
| Apple Rush Company (APRU) | $52.46K | -1399.10% | 30.30x | $11.05 |
| Signet International Holdings Inc (AQPW) | $129.01K | -179.65% | 2.11x | $740.86K |
| A1 Group Inc (AWON) | $-124.65K | 0.00% | 0.00x | $25.26 |
| A.G. BARR p.l.c (BAGFF) | $292.70 Million | 13.15% | 0.37x | $578.72 Million |
| Blue Gem Enterprise (BGEM) | $10.00K | -60.00% | 0.00x | $0.96 |
| Barfresh Food Group Inc (BRFH) | $1.07 Million | -353.23% | 2.45x | $18.15 Million |
| Buda Juice, Inc. (BUDA) | $401.00K | 564.09% | 6.39x | $21.46 Million |