Greggs plc
Greggs plc operates as a food-on-the-go retailer in the United Kingdom. It offers a range of fresh bakery products, sandwiches, and drinks, as well as ready to drink canned products. The company is also involved in the property holding, non-trading, and trustee businesses. It sells products to franchise and wholesale partners for sale in their own outlets. The company operates through its own sho… Read more
Greggs plc (GGGSY) - Net Assets
Latest net assets as of June 2025: $569.00 Million USD
Based on the latest financial reports, Greggs plc (GGGSY) has net assets worth $569.00 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 ($1.34 Billion) and total liabilities ($773.20 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 | $569.00 Million |
| % of Total Assets | 42.39% |
| Annual Growth Rate | 11.35% |
| 5-Year Change | 77.39% |
| 10-Year Change | 114.25% |
| Growth Volatility | 9.17 |
Greggs plc - Net Assets Trend (1985–2024)
This chart illustrates how Greggs 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 Greggs plc (1985–2024)
The table below shows the annual net assets of Greggs plc from 1985 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $570.50 Million | +7.46% |
| 2023-12-31 | $530.90 Million | +19.04% |
| 2022-12-31 | $446.00 Million | +3.91% |
| 2021-12-31 | $429.20 Million | +33.46% |
| 2020-12-31 | $321.60 Million | -7.27% |
| 2019-12-31 | $346.80 Million | +5.34% |
| 2018-12-31 | $329.22 Million | +9.97% |
| 2017-12-31 | $299.36 Million | +13.11% |
| 2016-12-31 | $264.66 Million | -0.61% |
| 2015-12-31 | $266.27 Million | +7.93% |
| 2014-12-31 | $246.70 Million | +4.46% |
| 2013-12-31 | $236.18 Million | +4.14% |
| 2012-12-31 | $226.79 Million | +14.32% |
| 2011-12-31 | $198.38 Million | +12.57% |
| 2010-12-31 | $176.23 Million | +7.30% |
| 2009-12-31 | $164.24 Million | +11.01% |
| 2008-12-31 | $147.95 Million | +1.62% |
| 2007-12-31 | $145.59 Million | +0.49% |
| 2006-12-31 | $144.89 Million | -20.16% |
| 2005-12-31 | $181.47 Million | +15.47% |
| 2004-12-31 | $157.16 Million | +17.15% |
| 2003-12-31 | $134.15 Million | +11.82% |
| 2002-12-31 | $119.97 Million | +15.85% |
| 2001-12-31 | $103.55 Million | +17.45% |
| 2000-12-31 | $88.17 Million | +8.99% |
| 1999-12-31 | $80.90 Million | +16.25% |
| 1998-12-31 | $69.58 Million | +19.19% |
| 1997-12-31 | $58.38 Million | +21.36% |
| 1996-12-31 | $48.11 Million | +16.71% |
| 1995-12-31 | $41.22 Million | +12.65% |
| 1994-12-31 | $36.59 Million | +20.07% |
| 1993-12-31 | $30.48 Million | +15.81% |
| 1992-12-31 | $26.31 Million | +13.04% |
| 1991-12-31 | $23.28 Million | +11.51% |
| 1990-12-31 | $20.88 Million | +17.03% |
| 1989-12-31 | $17.84 Million | +20.84% |
| 1988-12-31 | $14.76 Million | +24.37% |
| 1987-12-31 | $11.87 Million | +18.12% |
| 1986-12-31 | $10.05 Million | +16.67% |
| 1985-12-31 | $8.61 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Greggs 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 9401.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $543.00 Million | 95.18% |
| Common Stock | $2.00 Million | 0.35% |
| Other Components | $25.50 Million | 4.47% |
| Total Equity | $570.50 Million | 100.00% |
Greggs plc Competitors by Market Cap
The table below lists competitors of Greggs plc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Camden National Corporation
NASDAQ:CAC
|
$755.06 Million |
|
CES Energy Solutions Corp
PINK:CESDF
|
$755.12 Million |
|
Vitec Software Group AB (publ)
ST:VIT-B
|
$755.50 Million |
|
MoneyLion Inc
NYSE:ML
|
$755.68 Million |
|
Shenzhen Bluetrum Technology Co. Ltd. A
SHG:688332
|
$754.95 Million |
|
Wuxi Chipown Micro-electronics Ltd
SHG:688508
|
$754.86 Million |
|
Aditya Birla Real Estate Limited
NSE:ABREL
|
$754.77 Million |
|
Kier Group plc
PINK:KIERF
|
$753.42 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Greggs plc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 530,900,000 to 570,500,000, a change of 39,600,000 (7.5%).
- Net income of 153,400,000 contributed positively to equity growth.
- Dividend payments of 106,800,000 reduced retained earnings.
- Share repurchases of 5,000,000 reduced equity.
- New share issuances of 4,700,000 increased equity.
- Other comprehensive income decreased equity by 399,999.
- Other factors decreased equity by 6,300,001.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $153.40 Million | +26.89% |
| Dividends Paid | $106.80 Million | -18.72% |
| Share Repurchases | $5.00 Million | -0.88% |
| Share Issuances | $4.70 Million | +0.82% |
| Other Comprehensive Income | $-400.00K | -0.07% |
| Other Changes | $-6.30 Million | -1.1% |
| Total Change | $- | 7.46% |
Book Value vs Market Value Analysis
This analysis compares Greggs 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: 4.06x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 286.01x to 4.06x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1985-12-31 | $0.03 | $7.52 | x |
| 1986-12-31 | $0.03 | $7.52 | x |
| 1987-12-31 | $0.04 | $7.52 | x |
| 1988-12-31 | $0.04 | $7.52 | x |
| 1989-12-31 | $0.05 | $7.52 | x |
| 1990-12-31 | $0.06 | $7.52 | x |
| 1991-12-31 | $0.07 | $7.52 | x |
| 1992-12-31 | $0.08 | $7.52 | x |
| 1993-12-31 | $0.09 | $7.52 | x |
| 1994-12-31 | $0.11 | $7.52 | x |
| 1995-12-31 | $0.12 | $7.52 | x |
| 1996-12-31 | $0.14 | $7.52 | x |
| 1997-12-31 | $0.16 | $7.52 | x |
| 1998-12-31 | $0.20 | $7.52 | x |
| 1999-12-31 | $0.23 | $7.52 | x |
| 2000-12-31 | $0.24 | $7.52 | x |
| 2001-12-31 | $0.28 | $7.52 | x |
| 2002-12-31 | $0.33 | $7.52 | x |
| 2003-12-31 | $0.37 | $7.52 | x |
| 2004-12-31 | $0.43 | $7.52 | x |
| 2005-12-31 | $0.50 | $7.52 | x |
| 2006-12-31 | $0.43 | $7.52 | x |
| 2007-12-31 | $0.45 | $7.52 | x |
| 2008-12-31 | $0.46 | $7.52 | x |
| 2009-12-31 | $0.54 | $7.52 | x |
| 2010-12-31 | $0.58 | $7.52 | x |
| 2011-12-31 | $0.66 | $7.52 | x |
| 2012-12-31 | $0.75 | $7.52 | x |
| 2013-12-31 | $0.78 | $7.52 | x |
| 2014-12-31 | $0.81 | $7.52 | x |
| 2015-12-31 | $0.86 | $7.52 | x |
| 2016-12-31 | $0.86 | $7.52 | x |
| 2017-12-31 | $0.98 | $7.52 | x |
| 2018-12-31 | $1.08 | $7.52 | x |
| 2019-12-31 | $1.13 | $7.52 | x |
| 2020-12-31 | $1.06 | $7.52 | x |
| 2021-12-31 | $1.39 | $7.52 | x |
| 2022-12-31 | $1.45 | $7.52 | x |
| 2023-12-31 | $1.73 | $7.52 | x |
| 2024-12-31 | $1.85 | $7.52 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Greggs 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): 26.89%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.62%
- • Asset Turnover: 1.53x
- • Equity Multiplier: 2.31x
- Recent ROE (26.89%) is above the historical average (20.74%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1985 | 17.74% | 3.12% | 2.53x | 2.25x | $659.10K |
| 1986 | 20.35% | 3.56% | 2.53x | 2.26x | $1.03 Million |
| 1987 | 22.61% | 4.25% | 2.44x | 2.18x | $1.50 Million |
| 1988 | 26.81% | 5.59% | 2.32x | 2.07x | $2.48 Million |
| 1989 | 24.69% | 5.74% | 2.22x | 1.94x | $2.62 Million |
| 1990 | 21.85% | 5.24% | 2.34x | 1.78x | $2.47 Million |
| 1991 | 17.53% | 4.27% | 2.25x | 1.83x | $1.75 Million |
| 1992 | 17.17% | 4.47% | 2.18x | 1.76x | $1.89 Million |
| 1993 | 19.41% | 5.36% | 2.13x | 1.70x | $2.87 Million |
| 1994 | 21.89% | 4.77% | 2.29x | 2.01x | $4.35 Million |
| 1995 | 21.86% | 4.10% | 2.76x | 1.93x | $4.89 Million |
| 1996 | 22.80% | 4.60% | 2.37x | 2.09x | $6.16 Million |
| 1997 | 23.95% | 5.26% | 2.40x | 1.90x | $8.15 Million |
| 1998 | 20.78% | 4.96% | 2.31x | 1.82x | $7.50 Million |
| 1999 | 19.68% | 5.16% | 2.29x | 1.67x | $7.83 Million |
| 2000 | 21.99% | 5.72% | 2.20x | 1.75x | $10.58 Million |
| 2001 | 22.03% | 6.04% | 2.14x | 1.70x | $12.45 Million |
| 2002 | 20.58% | 5.84% | 2.13x | 1.65x | $12.69 Million |
| 2003 | 20.30% | 5.96% | 2.10x | 1.62x | $13.82 Million |
| 2004 | 20.54% | 6.40% | 2.04x | 1.58x | $16.56 Million |
| 2005 | 18.78% | 6.39% | 1.98x | 1.49x | $15.93 Million |
| 2006 | 18.68% | 4.91% | 2.41x | 1.58x | $12.57 Million |
| 2007 | 24.97% | 6.20% | 2.46x | 1.64x | $21.79 Million |
| 2008 | 23.05% | 5.43% | 2.51x | 1.69x | $19.30 Million |
| 2009 | 20.93% | 5.22% | 2.36x | 1.70x | $17.95 Million |
| 2010 | 21.53% | 5.73% | 2.33x | 1.61x | $20.31 Million |
| 2011 | 22.43% | 6.35% | 2.27x | 1.56x | $24.66 Million |
| 2012 | 17.56% | 5.42% | 2.24x | 1.45x | $17.13 Million |
| 2013 | 10.24% | 3.17% | 2.28x | 1.41x | $571.30K |
| 2014 | 15.22% | 4.67% | 2.18x | 1.50x | $12.89 Million |
| 2015 | 21.63% | 6.89% | 2.18x | 1.44x | $30.97 Million |
| 2016 | 21.91% | 6.49% | 2.15x | 1.57x | $31.53 Million |
| 2017 | 19.01% | 5.93% | 2.18x | 1.47x | $26.97 Million |
| 2018 | 19.96% | 6.38% | 2.11x | 1.48x | $32.78 Million |
| 2019 | 25.09% | 7.45% | 1.48x | 2.27x | $52.32 Million |
| 2020 | -4.04% | -1.60% | 1.11x | 2.27x | $-45.16 Million |
| 2021 | 27.38% | 9.56% | 1.38x | 2.07x | $74.58 Million |
| 2022 | 26.97% | 7.95% | 1.55x | 2.18x | $75.70 Million |
| 2023 | 26.84% | 7.87% | 1.60x | 2.13x | $89.41 Million |
| 2024 | 26.89% | 7.62% | 1.53x | 2.31x | $96.35 Million |
Industry Comparison
This section compares Greggs plc's net assets metrics with peer companies in the Restaurants industry.
Industry Context
- Industry: Restaurants
- Average net assets among peers: $1,100,683,888
- Average return on equity (ROE) among peers: -9.48%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Greggs plc (GGGSY) | $569.00 Million | 17.74% | 1.36x | $754.98 Million |
| Alsea S.A.B. de C.V (ALSSF) | $9.60 Billion | 31.08% | 7.07x | $902.51 Million |
| Arcos Dorados Holdings Inc (ARCO) | $695.30 Million | 7.75% | 2.14x | $952.86 Million |
| AmRest Holdings SE (ARHOF) | $264.70 Million | -68.76% | 6.99x | $477.90 Million |
| Ark Restaurants Corp (ARKR) | $7.80 Million | -3.85% | 0.72x | $10.36 Million |
| Big Buck Brewery & Steakhouse Inc (BBUCQ) | $5.62 Million | -39.20% | 3.43x | $1.94 |
| Flanigans Enterprises Inc (BDL) | $7.67 Million | 17.79% | 0.46x | $18.25 Million |
| Bagger Dave's Burger Tavern Inc (BDVB) | $2.41 Million | -143.08% | 1.53x | $654.12K |
| BurgerFi International, Inc. (BFICQ) | $78.95 Million | -131.01% | 2.51x | $1.57K |
| Biglari Holdings Inc (BH-A) | $1.80 Million | 233.33% | 36.28x | $310.04 Million |
| BJs Restaurants Inc (BJRI) | $345.51 Million | 1.18% | 2.51x | $663.68 Million |