Fuller Smith & Turner P.L.C
Fuller, Smith & Turner P.L.C. operates managed pubs and hotels in the United Kingdom. The company operates in three segments: Managed Pubs and Hotels, Tenanted Inns, and The Fuller's Beer Company. The company also manages pubs operated by third parties under tenancy or lease agreements. In addition, the company is involved in the brewing and distribution of beer, cider, wines, spirits, and soft d… Read more
Fuller Smith & Turner P.L.C (FTUAF) - Net Assets
Latest net assets as of March 2024: $431.30 Million USD
Based on the latest financial reports, Fuller Smith & Turner P.L.C (FTUAF) has net assets worth $431.30 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 ($722.60 Million) and total liabilities ($291.30 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 | $431.30 Million |
| % of Total Assets | 59.69% |
| Annual Growth Rate | 4.85% |
| 5-Year Change | 28.78% |
| 10-Year Change | N/A |
| Growth Volatility | 7.05 |
Fuller Smith & Turner P.L.C - Net Assets Trend (2015–2024)
This chart illustrates how Fuller Smith & Turner P.L.C's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Fuller Smith & Turner P.L.C (2015–2024)
The table below shows the annual net assets of Fuller Smith & Turner P.L.C from 2015 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-03-31 | $431.30 Million | -2.55% |
| 2023-03-31 | $442.60 Million | -1.47% |
| 2022-03-31 | $449.20 Million | +18.37% |
| 2021-03-31 | $379.50 Million | +13.32% |
| 2018-03-31 | $334.90 Million | +8.14% |
| 2017-03-31 | $309.70 Million | +2.92% |
| 2016-03-31 | $300.90 Million | +6.82% |
| 2015-03-31 | $281.70 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Fuller Smith & Turner P.L.C'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 41.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $381.90 Million | 88.55% |
| Other Components | $49.40 Million | 11.45% |
| Total Equity | $431.30 Million | 100.00% |
Fuller Smith & Turner P.L.C Competitors by Market Cap
The table below lists competitors of Fuller Smith & Turner P.L.C ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Chongqing Genrix Biopharmaceutical Co. Ltd. A
SHG:688443
|
$413.83 Million |
|
Sihui Fuji Electronics Technology Co Ltd
SHE:300852
|
$413.85 Million |
|
Logility Supply Chain Solutions, Inc.
NASDAQ:LGTY
|
$413.85 Million |
|
PT Sarana Menara
JK:TOWR
|
$413.86 Million |
|
China Motor Corp
TW:2204
|
$413.67 Million |
|
Alarko Holding AS
IS:ALARK
|
$413.66 Million |
|
Hanjaya Mandala Sampoerna Tbk PT
JK:HMSP
|
$413.55 Million |
|
Thoughtworks Holding Inc
NASDAQ:TWKS
|
$413.51 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Fuller Smith & Turner P.L.C's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 442,600,000 to 431,300,000, a change of -11,300,000 (-2.6%).
- Net income of 9,100,000 contributed positively to equity growth.
- Dividend payments of 10,100,000 reduced retained earnings.
- Share repurchases of 12,400,000 reduced equity.
- New share issuances of 500,000 increased equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $9.10 Million | +2.11% |
| Dividends Paid | $10.10 Million | -2.34% |
| Share Repurchases | $12.40 Million | -2.88% |
| Share Issuances | $500.00K | +0.12% |
| Other Changes | $1.60 Million | +0.37% |
| Total Change | $- | -2.55% |
Book Value vs Market Value Analysis
This analysis compares Fuller Smith & Turner P.L.C'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: 1.90x
- 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 2.03x to 1.90x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-03-31 | $6.87 | $13.93 | x |
| 2022-03-31 | $7.27 | $13.93 | x |
| 2023-03-31 | $7.28 | $13.93 | x |
| 2024-03-31 | $7.33 | $13.93 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Fuller Smith & Turner P.L.C 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): 2.11%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.53%
- • Asset Turnover: 0.50x
- • Equity Multiplier: 1.68x
- Recent ROE (2.11%) is below the historical average (4.27%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 9.97% | 8.83% | 0.58x | 1.96x | $-80.00K |
| 2016 | 10.74% | 9.36% | 0.56x | 2.05x | $2.27 Million |
| 2017 | 10.45% | 8.34% | 0.59x | 2.14x | $1.42 Million |
| 2018 | 10.57% | 8.87% | 0.60x | 1.99x | $1.92 Million |
| 2021 | -13.07% | -67.76% | 0.10x | 1.97x | $-87.55 Million |
| 2022 | 1.58% | 2.80% | 0.34x | 1.67x | $-37.82 Million |
| 2023 | 1.78% | 2.35% | 0.46x | 1.66x | $-36.36 Million |
| 2024 | 2.11% | 2.53% | 0.50x | 1.68x | $-34.03 Million |
Industry Comparison
This section compares Fuller Smith & Turner P.L.C's net assets metrics with peer companies in the Other industry.
Industry Context
- Industry: Other
- Average net assets among peers: $21,282,152,580
- Average return on equity (ROE) among peers: 31.25%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Fuller Smith & Turner P.L.C (FTUAF) | $431.30 Million | 9.97% | 0.68x | $413.74 Million |
| Arçelik Anonim Sirketi (ACKAF) | $59.56 Billion | 12.87% | 3.33x | $19.95K |
| Argo Group US Inc. 6.5% SR NTS 42 (ARGD) | $1.23 Billion | -15.51% | 0.05x | $232.01K |
| American Crystal Sugar Company PFD REST NON DIV (ASCS) | $316.55 Million | 254.25% | 1.77x | $54.72 Million |
| Autobacs Seven Co. Ltd (ATBSF) | $127.35 Billion | 4.24% | 0.47x | $167.34K |
| Brookfield Asset Management Inc FR PRF PERPETUAL CAD 25 Ser 2 Cls A (BKFAF) | $11.77 Billion | 6.69% | 3.72x | $76.46K |
| Bristol-Myers Squibb Company PFD CONV 2 (BMYMP) | $5.08 Billion | 14.69% | 0.67x | $9.45 Million |
| BOL Bancshares Inc. PFD (BOLBP) | $11.94 Million | 0.62% | 6.68x | $0.91 |
| NYSE LISTED TEST STOCK FOR CTS AND CQS (CBO) | $3.36 Billion | 11.17% | 0.52x | $237.68K |
| Canadian Utilities Limited 2ND PFD SER Y (CNAUF) | $4.14 Billion | 10.45% | 1.28x | $142.90K |
| Central Parking Finance Trust PFD TR CV SECS (CRLKP) | $374.10 | 13.04% | 2.96x | $224.78K |