Bakkavor Group plc
Bakkavor Group plc, together with its subsidiaries, engages in the preparation and marketing of fresh prepared foods in the United Kingdom, the United States, and China. It offers meals, pizzas and breads, salads, desserts, fresh meals, artisan breads, dips, soups, sauces, burritos, fresh cut salads, food-to-go products, sandwiches, and bakery products. The company is also involved in the propert… Read more
Bakkavor Group plc (BKKVF) - Net Assets
Latest net assets as of June 2025: $598.10 Million USD
Based on the latest financial reports, Bakkavor Group plc (BKKVF) has net assets worth $598.10 Million USD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.48 Billion) and total liabilities ($884.80 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 | $598.10 Million |
| % of Total Assets | 40.33% |
| Annual Growth Rate | 1.88% |
| 5-Year Change | -24.64% |
| 10-Year Change | N/A |
| Growth Volatility | 18.32 |
Bakkavor Group plc - Net Assets Trend (2015–2024)
This chart illustrates how Bakkavor Group 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 Bakkavor Group plc (2015–2024)
The table below shows the annual net assets of Bakkavor Group plc from 2015 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $616.10 Million | -20.35% |
| 2023-12-31 | $773.47 Million | +3.52% |
| 2022-12-31 | $747.17 Million | -13.73% |
| 2021-12-31 | $866.10 Million | +5.94% |
| 2020-12-31 | $817.57 Million | +9.10% |
| 2019-12-31 | $749.41 Million | +3.34% |
| 2018-12-31 | $725.19 Million | +5.09% |
| 2017-12-31 | $690.04 Million | +47.42% |
| 2016-12-31 | $468.06 Million | -10.16% |
| 2015-12-31 | $521.02 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Bakkavor Group 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 105.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $708.50 Million | 115.00% |
| Common Stock | $11.60 Million | 1.88% |
| Total Equity | $616.10 Million | 100.00% |
Bakkavor Group plc Competitors by Market Cap
The table below lists competitors of Bakkavor Group plc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shanghai Shen Lian Biomedical Corp
SHG:688098
|
$277.19 Million |
|
Xinxiang Tianli Energy Co. Ltd. A
SHE:301152
|
$277.20 Million |
|
Andretti Acquisition Corp. II Unit
NASDAQ:POLEU
|
$277.28 Million |
|
LH Hotel Leasehold Real Estate Investment Trust
BK:LHHOTEL
|
$277.39 Million |
|
Huabao Flavours & Fragrances Co Ltd Class A
SHE:300741
|
$277.09 Million |
|
Team17 Group plc
OTCGREY:TSVNF
|
$276.99 Million |
|
TTET Union Corp
TW:1232
|
$276.99 Million |
|
Fiem Industries Limited
NSE:FIEMIND
|
$276.85 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Bakkavor Group plc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 773,474,800 to 616,100,000, a change of -157,374,800 (-20.3%).
- Net income of 55,700,000 contributed positively to equity growth.
- Dividend payments of 43,800,000 reduced retained earnings.
- Share repurchases of 8,600,000 reduced equity.
- New share issuances of 400,000 increased equity.
- Other comprehensive income decreased equity by 43,154,700.
- Other factors decreased equity by 117,920,100.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $55.70 Million | +9.04% |
| Dividends Paid | $43.80 Million | -7.11% |
| Share Repurchases | $8.60 Million | -1.4% |
| Share Issuances | $400.00K | +0.06% |
| Other Comprehensive Income | $-43.15 Million | -7.0% |
| Other Changes | $-117.92 Million | -19.14% |
| Total Change | $- | -20.35% |
Book Value vs Market Value Analysis
This analysis compares Bakkavor Group 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: 1.55x
- 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 1.80x to 1.55x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2015-12-31 | $0.90 | $1.62 | x |
| 2016-12-31 | $0.81 | $1.62 | x |
| 2017-12-31 | $1.30 | $1.62 | x |
| 2018-12-31 | $1.25 | $1.62 | x |
| 2019-12-31 | $1.28 | $1.62 | x |
| 2020-12-31 | $1.40 | $1.62 | x |
| 2021-12-31 | $1.47 | $1.62 | x |
| 2022-12-31 | $1.27 | $1.62 | x |
| 2023-12-31 | $1.31 | $1.62 | x |
| 2024-12-31 | $1.05 | $1.62 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Bakkavor Group 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): 9.04%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.43%
- • Asset Turnover: 1.53x
- • Equity Multiplier: 2.43x
- Recent ROE (9.04%) is above the historical average (8.33%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 11.37% | 2.40% | 1.31x | 3.62x | $7.15 Million |
| 2016 | 13.41% | 2.88% | 1.41x | 3.30x | $15.96 Million |
| 2017 | 6.08% | 1.71% | 1.47x | 2.42x | $-27.07 Million |
| 2018 | 11.80% | 3.62% | 1.39x | 2.34x | $13.07 Million |
| 2019 | 6.52% | 1.96% | 1.29x | 2.59x | $-26.06 Million |
| 2020 | 5.70% | 1.90% | 1.24x | 2.42x | $-35.14 Million |
| 2021 | 8.87% | 3.03% | 1.24x | 2.35x | $-9.83 Million |
| 2022 | 1.67% | 0.48% | 1.39x | 2.49x | $-62.22 Million |
| 2023 | 8.87% | 3.11% | 1.17x | 2.44x | $-8.73 Million |
| 2024 | 9.04% | 2.43% | 1.53x | 2.43x | $-5.91 Million |
Industry Comparison
This section compares Bakkavor Group plc's net assets metrics with peer companies in the Packaged Foods industry.
Industry Context
- Industry: Packaged Foods
- Average net assets among peers: $5,681,533,529
- Average return on equity (ROE) among peers: 0.04%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Bakkavor Group plc (BKKVF) | $598.10 Million | 11.37% | 1.48x | $277.13 Million |
| Above Food Ingredients Inc. Common Stock (ABVE) | $30.90K | -3.31% | 7.66x | $18.76 Million |
| The a2 Milk Company Limited (ACOPF) | $7.27 Million | -30.19% | 0.14x | $3.91 Billion |
| Ayujoy Herbals Ltd (AJOY) | $22.20 Million | 29.29% | 0.00x | $95.71 |
| Alfa S.A.B. de C.V (ALFFF) | $53.35 Billion | 7.36% | 3.80x | $2.16 Billion |
| Amincor Inc (AMNCB) | $34.44 Million | -63.76% | 0.81x | $2.24K |
| Armanino Foods New (AMNF) | $21.40 Million | 30.30% | 0.33x | $72.33K |
| Amira Nature Foods Ltd (ANFIF) | $303.22 Million | 8.27% | 0.89x | $128.79 |
| AAK AB (publ.) (ARHUF) | $2.44 Billion | 12.85% | 2.63x | $5.07 Billion |
| Artisan Consumer Goods Inc (ARRT) | $-326.75K | 0.00% | 0.00x | $279.39K |
| ARYZTA AG (ARZTF) | $632.10 Million | 9.58% | 2.04x | $53.13 Million |