CVS Group plc
CVS Group plc, together with its subsidiaries, engages in veterinary, online pharmacy, and retail businesses in the United Kingdom and Australia. It operates through the Veterinary Practices, Laboratories, and Online Retail Business segments. The company is involved in animal veterinary practices and complementary veterinary diagnostic businesses. It also operates Animed Direct, an online retail … Read more
CVS Group plc (CVSGF) - Net Assets
Latest net assets as of December 2024: $261.40 Million USD
Based on the latest financial reports, CVS Group plc (CVSGF) has net assets worth $261.40 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 ($696.20 Million) and total liabilities ($434.80 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 | $261.40 Million |
| % of Total Assets | 37.55% |
| Annual Growth Rate | N/A |
| 5-Year Change | 56.36% |
| 10-Year Change | 566.24% |
| Growth Volatility | 600.31 |
CVS Group plc - Net Assets Trend (2007–2024)
This chart illustrates how CVS 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 CVS Group plc (2007–2024)
The table below shows the annual net assets of CVS Group plc from 2007 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-06-30 | $260.50 Million | +1.36% |
| 2023-06-30 | $257.00 Million | +18.22% |
| 2022-06-30 | $217.40 Million | +13.76% |
| 2021-06-30 | $191.10 Million | +14.71% |
| 2020-06-30 | $166.60 Million | +2.15% |
| 2019-06-30 | $163.10 Million | +3.42% |
| 2018-06-30 | $157.70 Million | +79.20% |
| 2017-06-30 | $88.00 Million | +88.84% |
| 2016-06-30 | $46.60 Million | +19.18% |
| 2015-06-30 | $39.10 Million | +25.32% |
| 2014-06-30 | $31.20 Million | +26.32% |
| 2013-06-30 | $24.70 Million | +21.36% |
| 2012-06-30 | $20.35 Million | +22.82% |
| 2011-06-30 | $16.57 Million | +37.53% |
| 2010-06-30 | $12.05 Million | +2431.30% |
| 2009-06-30 | $476.00K | +139.83% |
| 2008-06-30 | $-1.20 Million | +22.60% |
| 2007-06-30 | $-1.54 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to CVS 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 254.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (June 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $211.20 Million | 81.11% |
| Common Stock | $100.00K | 0.04% |
| Other Comprehensive Income | $-59.90 Million | -23.00% |
| Other Components | $109.00 Million | 41.86% |
| Total Equity | $260.40 Million | 100.00% |
CVS Group plc Competitors by Market Cap
The table below lists competitors of CVS Group plc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Upbound Group Inc.
NASDAQ:UPBD
|
$948.14 Million |
|
Enliven Therapeutics Inc.
NASDAQ:ELVN
|
$948.49 Million |
|
Hanma Technology Group Co Ltd
SHG:600375
|
$949.19 Million |
|
Mabwell (Shanghai) Bioscience Co. Ltd. A
SHG:688062
|
$949.30 Million |
|
Karoon Energy Ltd
PINK:KRNGY
|
$947.21 Million |
|
MLS Co Ltd
SHE:002745
|
$946.82 Million |
|
Fastighets AB Balder Series B
LSE:0H2Z
|
$946.63 Million |
|
Vienna Insurance Group AG
PINK:VNRGF
|
$945.82 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in CVS Group plc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 257,000,000 to 260,400,000, a change of 3,400,000 (1.3%).
- Net income of 6,200,000 contributed positively to equity growth.
- Dividend payments of 5,400,000 reduced retained earnings.
- Share repurchases of 900,000 reduced equity.
- New share issuances of 2,400,000 increased equity.
- Other comprehensive income decreased equity by 300,001.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $6.20 Million | +2.38% |
| Dividends Paid | $5.40 Million | -2.07% |
| Share Repurchases | $900.00K | -0.35% |
| Share Issuances | $2.40 Million | +0.92% |
| Other Comprehensive Income | $-300.00K | -0.12% |
| Other Changes | $1.40 Million | +0.54% |
| Total Change | $- | 1.32% |
Book Value vs Market Value Analysis
This analysis compares CVS 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: 3.94x
- 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 |
|---|---|---|---|
| 2007-06-30 | $-0.03 | $14.30 | x |
| 2008-06-30 | $-0.02 | $14.30 | x |
| 2009-06-30 | $0.01 | $14.30 | x |
| 2010-06-30 | $0.22 | $14.30 | x |
| 2011-06-30 | $0.29 | $14.30 | x |
| 2012-06-30 | $0.35 | $14.30 | x |
| 2013-06-30 | $0.42 | $14.30 | x |
| 2014-06-30 | $0.52 | $14.30 | x |
| 2015-06-30 | $0.65 | $14.30 | x |
| 2016-06-30 | $0.76 | $14.30 | x |
| 2017-06-30 | $1.40 | $14.30 | x |
| 2018-06-30 | $2.36 | $14.30 | x |
| 2019-06-30 | $2.31 | $14.30 | x |
| 2020-06-30 | $2.35 | $14.30 | x |
| 2021-06-30 | $2.69 | $14.30 | x |
| 2022-06-30 | $3.04 | $14.30 | x |
| 2023-06-30 | $3.59 | $14.30 | x |
| 2024-06-30 | $3.63 | $14.30 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently CVS 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): 2.38%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.96%
- • Asset Turnover: 0.94x
- • Equity Multiplier: 2.65x
- Recent ROE (2.38%) is below the historical average (46.21%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | 0.00% | 0.89% | 1.02x | 0.00x | $500.40K |
| 2008 | 0.00% | -0.55% | 1.18x | 0.00x | $-219.50K |
| 2009 | 638.24% | 3.97% | 1.28x | 126.20x | $2.99 Million |
| 2010 | 25.38% | 3.58% | 1.12x | 6.31x | $1.85 Million |
| 2011 | 21.04% | 3.44% | 1.31x | 4.68x | $1.83 Million |
| 2012 | 14.19% | 2.66% | 1.36x | 3.92x | $852.70K |
| 2013 | 16.19% | 3.33% | 1.38x | 3.53x | $1.53 Million |
| 2014 | 15.38% | 3.36% | 1.50x | 3.05x | $1.68 Million |
| 2015 | 17.39% | 4.06% | 1.32x | 3.25x | $2.89 Million |
| 2016 | 15.02% | 3.21% | 1.06x | 4.43x | $2.34 Million |
| 2017 | 13.07% | 4.23% | 1.03x | 2.99x | $2.70 Million |
| 2018 | 6.79% | 3.27% | 1.03x | 2.02x | $-5.07 Million |
| 2019 | 5.03% | 2.02% | 1.08x | 2.31x | $-8.11 Million |
| 2020 | 3.42% | 1.33% | 0.92x | 2.79x | $-10.96 Million |
| 2021 | 10.10% | 3.78% | 1.05x | 2.54x | $190.00K |
| 2022 | 11.82% | 4.64% | 1.07x | 2.38x | $3.96 Million |
| 2023 | 16.30% | 7.11% | 1.03x | 2.23x | $16.20 Million |
| 2024 | 2.38% | 0.96% | 0.94x | 2.65x | $-19.84 Million |
Industry Comparison
This section compares CVS Group plc's net assets metrics with peer companies in the Personal Services industry.
Industry Context
- Industry: Personal Services
- Average net assets among peers: $311,632,855
- Average return on equity (ROE) among peers: 507.93%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| CVS Group plc (CVSGF) | $261.40 Million | 0.00% | 1.66x | $947.94 Million |
| Andersen Group Inc. (ANDG) | $177.50 Million | 66.86% | 1.08x | $242.88K |
| Bright Horizons Family Solutions Inc (BFAM) | $145.51 Million | 13.75% | 0.70x | $4.17 Billion |
| Click Holdings Limited (CLIK) | $403.31K | 199.02% | 3.08x | $871.85K |
| Carriage Services Inc (CSV) | $202.10 Million | 4.70% | 1.31x | $653.20 Million |
| Dror Ortho-Design Inc. (DROR) | $-374.60K | 0.00% | 0.00x | $4.09 Million |
| E-Home Household Service Holdings Ltd (EJH) | $64.27 Million | 9.97% | 0.16x | $2.03 Million |
| Eventiko Inc (EVTK) | $-14.26K | 0.00% | 0.00x | $3.58 Million |
| Fu Shou Yuan International Group Limited (FSHUF) | $2.21 Billion | 10.41% | 0.33x | $717.28 Million |
| Frontdoor Inc (FTDR) | $3.00 Million | 4266.67% | 355.33x | $4.51 Billion |