DS Smith PLC
DS Smith Plc provides packaging solutions, paper products, and recycling services worldwide. The company offers transit and transport, consumer, retail and shelf ready, heavy duty, fiber base pallets, automotive standard, multi-material, dangerous goods, and e-commerce packaging, as well as packaging for food and drinks, health and beauty, apparel and footwear, home and DIY, and consumer electron… Read more
DS Smith PLC (DITHF) - Net Assets
Latest net assets as of October 2024: $3.76 Billion USD
Based on the latest financial reports, DS Smith PLC (DITHF) has net assets worth $3.76 Billion USD as of October 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($9.13 Billion) and total liabilities ($5.37 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 | $3.76 Billion |
| % of Total Assets | 41.17% |
| Annual Growth Rate | 16.3% |
| 5-Year Change | 17.85% |
| 10-Year Change | 287.92% |
| Growth Volatility | 76.74 |
DS Smith PLC - Net Assets Trend (1986–2024)
This chart illustrates how DS Smith 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 DS Smith PLC (1986–2024)
The table below shows the annual net assets of DS Smith PLC from 1986 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-04-30 | $3.95 Billion | -3.38% |
| 2023-04-30 | $4.09 Billion | -3.47% |
| 2022-04-30 | $4.23 Billion | +19.77% |
| 2021-04-30 | $3.54 Billion | +5.49% |
| 2020-04-30 | $3.35 Billion | +7.68% |
| 2019-04-30 | $3.11 Billion | +47.49% |
| 2018-04-30 | $2.11 Billion | +55.72% |
| 2017-04-30 | $1.35 Billion | +18.86% |
| 2016-04-30 | $1.14 Billion | +11.98% |
| 2015-04-30 | $1.02 Billion | -9.99% |
| 2014-04-30 | $1.13 Billion | +4.24% |
| 2013-04-30 | $1.08 Billion | +2.60% |
| 2012-04-30 | $1.06 Billion | +81.02% |
| 2011-04-30 | $584.20 Million | +23.46% |
| 2010-04-30 | $473.20 Million | +3.68% |
| 2009-04-30 | $456.40 Million | -24.17% |
| 2008-04-30 | $601.90 Million | +6.14% |
| 2007-04-30 | $567.10 Million | +4.73% |
| 2006-04-30 | $541.50 Million | +4.17% |
| 2005-04-30 | $519.80 Million | +3.92% |
| 2004-04-30 | $500.20 Million | +4.30% |
| 2003-04-30 | $479.60 Million | +7.49% |
| 2002-04-30 | $446.20 Million | -1.11% |
| 2001-04-30 | $451.20 Million | -7.41% |
| 2000-04-30 | $487.30 Million | +1.06% |
| 1999-04-30 | $482.20 Million | -6.06% |
| 1998-04-30 | $513.30 Million | +1.26% |
| 1997-04-30 | $506.90 Million | +8.57% |
| 1996-04-30 | $466.90 Million | +18.47% |
| 1995-04-30 | $394.10 Million | +22.09% |
| 1994-04-30 | $322.80 Million | +53.71% |
| 1993-04-30 | $210.00 Million | +1.20% |
| 1992-04-30 | $207.50 Million | +68.56% |
| 1991-04-30 | $123.10 Million | +10.13% |
| 1990-04-30 | $111.78 Million | +10.54% |
| 1989-04-30 | $101.11 Million | +14.52% |
| 1988-04-30 | $88.29 Million | +21.23% |
| 1987-04-30 | $72.83 Million | +473.61% |
| 1986-04-30 | $12.70 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to DS Smith 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 55264.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (April 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $1.71 Billion | 43.25% |
| Common Stock | $138.00 Million | 3.49% |
| Other Comprehensive Income | $-146.00 Million | -3.70% |
| Other Components | $2.25 Billion | 56.95% |
| Total Equity | $3.95 Billion | 100.00% |
DS Smith PLC Competitors by Market Cap
The table below lists competitors of DS Smith PLC ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Lenovo Group
PINK:LNVGF
|
$10.16 Billion |
|
BE SEMICON.INDS NY EO091
F:BSIA
|
$10.16 Billion |
|
WiseTech Global Limited
PINK:WIGBY
|
$10.17 Billion |
|
Poste Italiane S.p.A.
LSE:0RC2
|
$10.18 Billion |
|
Hua Nan Financial Holdings Co Ltd
TW:2880
|
$10.14 Billion |
|
Equinox Gold Corp
NYSE MKT:EQX
|
$10.13 Billion |
|
Zillow Group Inc
NASDAQ:ZG
|
$10.13 Billion |
|
MTU Aero Engines NA O.N.
LSE:0FC9
|
$10.13 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in DS Smith PLC's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 4,084,000,000 to 3,949,000,000, a change of -135,000,000 (-3.3%).
- Net income of 385,000,000 contributed positively to equity growth.
- Dividend payments of 247,000,000 reduced retained earnings.
- New share issuances of 7,000,000 increased equity.
- Other comprehensive income decreased equity by 274,000,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $385.00 Million | +9.75% |
| Dividends Paid | $247.00 Million | -6.25% |
| Share Issuances | $7.00 Million | +0.18% |
| Other Comprehensive Income | $-274.00 Million | -6.94% |
| Other Changes | $-6.00 Million | -0.15% |
| Total Change | $- | -3.31% |
Book Value vs Market Value Analysis
This analysis compares DS Smith 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: 2.60x
- 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 69.29x to 2.60x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1986-04-30 | $0.11 | $7.43 | x |
| 1987-04-30 | $0.39 | $7.43 | x |
| 1988-04-30 | $0.35 | $7.43 | x |
| 1989-04-30 | $0.39 | $7.43 | x |
| 1990-04-30 | $0.43 | $7.43 | x |
| 1991-04-30 | $0.47 | $7.43 | x |
| 1992-04-30 | $0.60 | $7.43 | x |
| 1993-04-30 | $0.50 | $7.43 | x |
| 1994-04-30 | $0.65 | $7.43 | x |
| 1995-04-30 | $0.75 | $7.43 | x |
| 1996-04-30 | $0.88 | $7.43 | x |
| 1997-04-30 | $0.95 | $7.43 | x |
| 1998-04-30 | $0.96 | $7.43 | x |
| 1999-04-30 | $0.89 | $7.43 | x |
| 2000-04-30 | $0.90 | $7.43 | x |
| 2001-04-30 | $0.83 | $7.43 | x |
| 2002-04-30 | $0.82 | $7.43 | x |
| 2003-04-30 | $0.82 | $7.43 | x |
| 2004-04-30 | $0.91 | $7.43 | x |
| 2005-04-30 | $0.85 | $7.43 | x |
| 2006-04-30 | $0.88 | $7.43 | x |
| 2007-04-30 | $0.93 | $7.43 | x |
| 2008-04-30 | $0.98 | $7.43 | x |
| 2009-04-30 | $0.75 | $7.43 | x |
| 2010-04-30 | $0.76 | $7.43 | x |
| 2011-04-30 | $0.60 | $7.43 | x |
| 2012-04-30 | $1.42 | $7.43 | x |
| 2013-04-30 | $1.09 | $7.43 | x |
| 2014-04-30 | $1.13 | $7.43 | x |
| 2015-04-30 | $1.00 | $7.43 | x |
| 2016-04-30 | $1.11 | $7.43 | x |
| 2017-04-30 | $1.32 | $7.43 | x |
| 2018-04-30 | $1.75 | $7.43 | x |
| 2019-04-30 | $2.33 | $7.43 | x |
| 2020-04-30 | $2.43 | $7.43 | x |
| 2021-04-30 | $2.57 | $7.43 | x |
| 2022-04-30 | $3.06 | $7.43 | x |
| 2023-04-30 | $2.95 | $7.43 | x |
| 2024-04-30 | $2.86 | $7.43 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently DS Smith 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): 9.75%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.64%
- • Asset Turnover: 0.74x
- • Equity Multiplier: 2.34x
- Recent ROE (9.75%) is below the historical average (11.56%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1986 | 30.49% | 10.07% | 1.33x | 2.28x | $2.60 Million |
| 1987 | 21.53% | 7.78% | 1.17x | 2.36x | $8.38 Million |
| 1988 | 23.64% | 7.77% | 1.25x | 2.42x | $12.03 Million |
| 1989 | 21.28% | 6.37% | 1.39x | 2.40x | $11.40 Million |
| 1990 | 17.95% | 5.51% | 1.38x | 2.36x | $8.87 Million |
| 1991 | 14.74% | 4.79% | 1.44x | 2.14x | $5.60 Million |
| 1992 | 5.63% | 3.18% | 0.79x | 2.23x | $-8.92 Million |
| 1993 | 12.95% | 5.24% | 1.04x | 2.37x | $6.20 Million |
| 1994 | 11.63% | 4.79% | 1.09x | 2.23x | $5.26 Million |
| 1995 | 19.95% | 7.63% | 1.15x | 2.27x | $39.15 Million |
| 1996 | 20.61% | 7.67% | 1.26x | 2.14x | $48.80 Million |
| 1997 | 14.58% | 6.19% | 1.21x | 1.95x | $22.94 Million |
| 1998 | 7.46% | 3.42% | 1.10x | 1.99x | $-12.91 Million |
| 1999 | 1.55% | 0.65% | 1.16x | 2.06x | $-40.43 Million |
| 2000 | 7.78% | 3.09% | 1.23x | 2.05x | $-10.73 Million |
| 2001 | 9.93% | 3.17% | 1.26x | 2.48x | $-320.00K |
| 2002 | 3.96% | 1.21% | 1.29x | 2.55x | $-26.49 Million |
| 2003 | 9.96% | 3.18% | 1.25x | 2.50x | $-190.00K |
| 2004 | 8.82% | 2.93% | 1.11x | 2.72x | $-5.84 Million |
| 2005 | 9.21% | 2.90% | 1.16x | 2.73x | $-4.05 Million |
| 2006 | 0.79% | 0.25% | 1.21x | 2.57x | $-49.01 Million |
| 2007 | 10.64% | 3.43% | 1.29x | 2.41x | $3.66 Million |
| 2008 | 12.73% | 3.89% | 1.25x | 2.61x | $16.43 Million |
| 2009 | -2.58% | -0.56% | 1.36x | 3.39x | $-57.60 Million |
| 2010 | 7.98% | 1.83% | 1.35x | 3.23x | $-9.58 Million |
| 2011 | 11.96% | 3.98% | 0.94x | 3.18x | $11.47 Million |
| 2012 | 7.11% | 3.82% | 0.95x | 1.96x | $-30.65 Million |
| 2013 | 6.81% | 2.02% | 1.02x | 3.32x | $-34.70 Million |
| 2014 | 12.37% | 3.47% | 1.14x | 3.12x | $26.80 Million |
| 2015 | 15.31% | 4.08% | 1.16x | 3.24x | $54.10 Million |
| 2016 | 14.69% | 4.11% | 1.00x | 3.59x | $53.30 Million |
| 2017 | 15.45% | 4.37% | 1.06x | 3.32x | $73.70 Million |
| 2018 | 12.28% | 4.69% | 0.87x | 3.00x | $48.10 Million |
| 2019 | 8.81% | 4.44% | 0.73x | 2.74x | $-37.10 Million |
| 2020 | 8.87% | 4.91% | 0.70x | 2.57x | $-38.00 Million |
| 2021 | 5.49% | 3.25% | 0.69x | 2.46x | $-159.30 Million |
| 2022 | 6.62% | 3.87% | 0.73x | 2.34x | $-143.20 Million |
| 2023 | 12.29% | 6.11% | 0.87x | 2.32x | $93.60 Million |
| 2024 | 9.75% | 5.64% | 0.74x | 2.34x | $-9.90 Million |
Industry Comparison
This section compares DS Smith PLC's net assets metrics with peer companies in the Packaging & Containers industry.
Industry Context
- Industry: Packaging & Containers
- Average net assets among peers: $2,505,488,775
- Average return on equity (ROE) among peers: -21.89%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| DS Smith PLC (DITHF) | $3.76 Billion | 30.49% | 1.43x | $10.15 Billion |
| Alliance Creative Group, Inc (ACGX) | $2.12 Million | 12.57% | 1.98x | $208.71K |
| Advanced Container Technologies Inc (ACTX) | $970.86K | -145.07% | 1.77x | $670.31 |
| Ardagh Metal Packaging SA (AMBP) | $286.00 Million | -73.43% | 17.62x | $574.22 Million |
| Amcor PLC (AMCR) | $11.74 Billion | 4.35% | 2.16x | $18.33 Billion |
| Avery Dennison Corp (AVY) | $1.36 Billion | -54.80% | 2.67x | $12.62 Billion |
| Ball Corporation (BALL) | $3.30 Billion | 7.98% | 3.91x | $15.92 Billion |
| Berry Global Group Inc (BERY) | $-128.00 Million | 0.00% | 0.00x | $7.83 Billion |
| Cascades Inc (CADNF) | $1.96 Billion | 10.12% | 1.77x | $571.95 Million |
| CCL Industries Inc (CCDBF) | $3.28 Billion | 16.14% | 1.24x | $7.23 Billion |
| Crown Holdings Inc (CCK) | $3.25 Billion | 3.23% | 2.83x | $11.24 Billion |