Halma PLC
Halma plc, together with its subsidiaries, provides technology solutions in the safety, health, and environmental markets in the United States, Mainland Europe, the United Kingdom, the Asia Pacific, Africa, the Middle East, and internationally. It operates in three segments: Safety, Environmental & Analysis, and Healthcare. The Safety segment provides products that protect people, assets, and inf… Read more
Halma PLC (HALMY) - Net Assets
Latest net assets as of September 2025: $1.99 Billion USD
Based on the latest financial reports, Halma PLC (HALMY) has net assets worth $1.99 Billion USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($3.34 Billion) and total liabilities ($1.35 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 | $1.99 Billion |
| % of Total Assets | 59.51% |
| Annual Growth Rate | 14.16% |
| 5-Year Change | 62.58% |
| 10-Year Change | 193.87% |
| Growth Volatility | 7.66 |
Halma PLC - Net Assets Trend (1986–2025)
This chart illustrates how Halma 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 Halma PLC (1986–2025)
The table below shows the annual net assets of Halma PLC from 1986 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | $1.90 Billion | +9.38% |
| 2024-03-31 | $1.74 Billion | +8.52% |
| 2023-03-31 | $1.60 Billion | +13.95% |
| 2022-03-31 | $1.40 Billion | +20.19% |
| 2021-03-31 | $1.17 Billion | +2.70% |
| 2020-03-31 | $1.14 Billion | +15.92% |
| 2019-03-31 | $981.40 Million | +18.47% |
| 2018-03-31 | $828.40 Million | +6.39% |
| 2017-03-31 | $778.64 Million | +20.47% |
| 2016-03-31 | $646.34 Million | +17.74% |
| 2015-03-31 | $548.95 Million | +12.95% |
| 2014-03-31 | $486.00 Million | +7.22% |
| 2013-03-31 | $453.27 Million | +13.85% |
| 2012-03-31 | $398.11 Million | +12.02% |
| 2011-03-31 | $355.38 Million | +10.20% |
| 2010-03-31 | $322.49 Million | +7.64% |
| 2009-03-31 | $299.62 Million | +25.31% |
| 2008-03-31 | $239.10 Million | +15.73% |
| 2007-03-31 | $206.61 Million | +9.85% |
| 2006-03-31 | $188.08 Million | +8.55% |
| 2005-03-31 | $173.26 Million | +3.52% |
| 2004-03-31 | $167.36 Million | +2.39% |
| 2003-03-31 | $163.45 Million | +3.74% |
| 2002-03-31 | $157.56 Million | +11.37% |
| 2001-03-31 | $141.47 Million | +12.69% |
| 2000-03-31 | $125.54 Million | +8.08% |
| 1999-03-31 | $116.16 Million | +18.23% |
| 1998-03-31 | $98.25 Million | +20.98% |
| 1997-03-31 | $81.21 Million | +4.58% |
| 1996-03-31 | $77.65 Million | +21.65% |
| 1995-03-31 | $63.83 Million | +14.98% |
| 1994-03-31 | $55.52 Million | +20.52% |
| 1993-03-31 | $46.06 Million | +19.95% |
| 1992-03-31 | $38.40 Million | +18.37% |
| 1991-03-31 | $32.45 Million | +10.79% |
| 1990-03-31 | $29.29 Million | +22.53% |
| 1989-03-31 | $23.90 Million | +26.45% |
| 1988-03-31 | $18.90 Million | +26.50% |
| 1987-03-31 | $14.94 Million | +37.55% |
| 1986-03-31 | $10.86 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Halma 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 26254.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $1.79 Billion | 94.37% |
| Common Stock | $38.00 Million | 2.00% |
| Other Components | $69.00 Million | 3.63% |
| Total Equity | $1.90 Billion | 100.00% |
Halma PLC Competitors by Market Cap
The table below lists competitors of Halma PLC ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Humana Inc
NYSE:HUM
|
$20.50 Billion |
|
Cellnex Telecom S.A
PINK:CLNXF
|
$20.51 Billion |
|
Futu Holdings Ltd
NASDAQ:FUTU
|
$20.53 Billion |
|
Aselsan Elektronik Sanayi ve Ticaret AS
IS:ASELS
|
$20.54 Billion |
|
Schindler Holding AG
PINK:SHLAF
|
$20.43 Billion |
|
Banco Bradesco S.A.
SA:BBDC3
|
$20.38 Billion |
|
UCB SA
PINK:UCBJF
|
$20.38 Billion |
|
Sandvik AB (publ)
PINK:SDVKF
|
$20.36 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Halma PLC's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,736,500,000 to 1,899,400,000, a change of 162,900,000 (9.4%).
- Net income of 296,400,000 contributed positively to equity growth.
- Dividend payments of 83,800,000 reduced retained earnings.
- Share repurchases of 7,900,000 reduced equity.
- Other comprehensive income decreased equity by 128,400,000.
- Other factors increased equity by 86,600,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $296.40 Million | +15.6% |
| Dividends Paid | $83.80 Million | -4.41% |
| Share Repurchases | $7.90 Million | -0.42% |
| Other Comprehensive Income | $-128.40 Million | -6.76% |
| Other Changes | $86.60 Million | +4.56% |
| Total Change | $- | 9.38% |
Book Value vs Market Value Analysis
This analysis compares Halma 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: 6.72x
- 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 418.13x to 6.72x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1986-03-31 | $0.16 | $67.29 | x |
| 1987-03-31 | $0.21 | $67.29 | x |
| 1988-03-31 | $0.31 | $67.29 | x |
| 1989-03-31 | $0.32 | $67.29 | x |
| 1990-03-31 | $0.37 | $67.29 | x |
| 1991-03-31 | $0.40 | $67.29 | x |
| 1992-03-31 | $0.46 | $67.29 | x |
| 1993-03-31 | $0.53 | $67.29 | x |
| 1994-03-31 | $0.63 | $67.29 | x |
| 1995-03-31 | $0.72 | $67.29 | x |
| 1996-03-31 | $0.87 | $67.29 | x |
| 1997-03-31 | $0.90 | $67.29 | x |
| 1998-03-31 | $1.08 | $67.29 | x |
| 1999-03-31 | $1.28 | $67.29 | x |
| 2000-03-31 | $1.39 | $67.29 | x |
| 2001-03-31 | $1.57 | $67.29 | x |
| 2002-03-31 | $1.73 | $67.29 | x |
| 2003-03-31 | $1.79 | $67.29 | x |
| 2004-03-31 | $1.83 | $67.29 | x |
| 2005-03-31 | $1.88 | $67.29 | x |
| 2006-03-31 | $2.03 | $67.29 | x |
| 2007-03-31 | $2.21 | $67.29 | x |
| 2008-03-31 | $2.55 | $67.29 | x |
| 2009-03-31 | $3.20 | $67.29 | x |
| 2010-03-31 | $3.43 | $67.29 | x |
| 2011-03-31 | $3.77 | $67.29 | x |
| 2012-03-31 | $4.22 | $67.29 | x |
| 2013-03-31 | $4.80 | $67.29 | x |
| 2014-03-31 | $2.57 | $67.29 | x |
| 2015-03-31 | $2.90 | $67.29 | x |
| 2016-03-31 | $3.42 | $67.29 | x |
| 2017-03-31 | $4.11 | $67.29 | x |
| 2018-03-31 | $4.37 | $67.29 | x |
| 2019-03-31 | $5.18 | $67.29 | x |
| 2020-03-31 | $6.00 | $67.29 | x |
| 2021-03-31 | $6.16 | $67.29 | x |
| 2022-03-31 | $7.39 | $67.29 | x |
| 2023-03-31 | $8.43 | $67.29 | x |
| 2024-03-31 | $9.17 | $67.29 | x |
| 2025-03-31 | $10.02 | $67.29 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Halma 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): 15.60%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 13.18%
- • Asset Turnover: 0.69x
- • Equity Multiplier: 1.72x
- Recent ROE (15.60%) is below the historical average (22.34%), 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 | 31.77% | 10.68% | 1.51x | 1.97x | $2.28 Million |
| 1987 | 25.35% | 10.00% | 1.34x | 1.89x | $2.23 Million |
| 1988 | 31.49% | 11.50% | 1.46x | 1.88x | $3.99 Million |
| 1989 | 33.70% | 12.97% | 1.38x | 1.88x | $5.57 Million |
| 1990 | 36.02% | 13.35% | 1.34x | 2.02x | $7.53 Million |
| 1991 | 25.17% | 9.87% | 1.37x | 1.86x | $4.87 Million |
| 1992 | 25.41% | 10.23% | 1.32x | 1.88x | $5.87 Million |
| 1993 | 31.50% | 12.40% | 1.35x | 1.88x | $9.83 Million |
| 1994 | 30.43% | 12.41% | 1.39x | 1.77x | $11.27 Million |
| 1995 | 31.21% | 12.89% | 1.39x | 1.75x | $13.46 Million |
| 1996 | 29.66% | 13.20% | 1.36x | 1.65x | $15.20 Million |
| 1997 | 31.04% | 12.54% | 1.51x | 1.64x | $17.02 Million |
| 1998 | 25.31% | 11.59% | 1.42x | 1.53x | $14.98 Million |
| 1999 | 24.68% | 13.13% | 1.22x | 1.54x | $17.01 Million |
| 2000 | 17.53% | 9.43% | 1.17x | 1.60x | $9.45 Million |
| 2001 | 22.71% | 11.97% | 1.23x | 1.54x | $17.98 Million |
| 2002 | 19.78% | 11.64% | 1.15x | 1.48x | $15.40 Million |
| 2003 | 17.35% | 10.61% | 1.02x | 1.60x | $12.01 Million |
| 2004 | 13.34% | 7.63% | 1.10x | 1.59x | $5.59 Million |
| 2005 | 19.94% | 12.86% | 0.85x | 1.82x | $17.23 Million |
| 2006 | 21.73% | 13.15% | 0.89x | 1.85x | $22.07 Million |
| 2007 | 21.30% | 12.53% | 1.01x | 1.69x | $23.35 Million |
| 2008 | 21.03% | 12.73% | 0.91x | 1.82x | $26.37 Million |
| 2009 | 17.55% | 11.53% | 0.89x | 1.71x | $22.62 Million |
| 2010 | 18.74% | 13.16% | 0.95x | 1.50x | $28.19 Million |
| 2011 | 20.38% | 13.97% | 0.83x | 1.76x | $36.90 Million |
| 2012 | 21.78% | 14.95% | 0.90x | 1.62x | $46.90 Million |
| 2013 | 20.65% | 15.12% | 0.73x | 1.87x | $48.28 Million |
| 2014 | 21.88% | 15.72% | 0.86x | 1.62x | $57.73 Million |
| 2015 | 18.95% | 14.32% | 0.77x | 1.72x | $49.11 Million |
| 2016 | 16.84% | 13.47% | 0.64x | 1.96x | $44.21 Million |
| 2017 | 16.66% | 13.49% | 0.69x | 1.80x | $51.83 Million |
| 2018 | 18.61% | 14.33% | 0.74x | 1.75x | $71.36 Million |
| 2019 | 17.30% | 14.02% | 0.78x | 1.57x | $71.66 Million |
| 2020 | 16.21% | 13.78% | 0.69x | 1.70x | $70.64 Million |
| 2021 | 17.43% | 15.43% | 0.70x | 1.61x | $86.70 Million |
| 2022 | 17.42% | 16.02% | 0.69x | 1.57x | $104.13 Million |
| 2023 | 14.67% | 12.66% | 0.66x | 1.74x | $74.62 Million |
| 2024 | 15.48% | 13.21% | 0.68x | 1.73x | $95.15 Million |
| 2025 | 15.60% | 13.18% | 0.69x | 1.72x | $106.46 Million |
Industry Comparison
This section compares Halma PLC's net assets metrics with peer companies in the Conglomerates industry.
Industry Context
- Industry: Conglomerates
- Average net assets among peers: $104,908,722,791
- Average return on equity (ROE) among peers: -580.34%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Halma PLC (HALMY) | $1.99 Billion | 31.77% | 0.68x | $20.44 Billion |
| American Biltrite Inc (ABLT) | $54.10 Million | 22.74% | 0.53x | $786.16K |
| Agro Capital Management Corp (ACMB) | $-7.15 Million | 0.00% | 0.00x | $1.01 Million |
| African Discovery Group Inc (AFDG) | $54.66K | -5848.93% | 8.34x | $87.96 |
| Asahi Kaisei Corp (AHKSY) | $824.45 Billion | 6.51% | 1.18x | $14.57 Billion |
| Ai Holdings Corporation (AIHZF) | $80.51 Billion | 19.48% | 0.17x | $516.06 Million |
| Air T Inc (AIRT) | $21.31 Million | -34.15% | 5.60x | $21.25 Million |
| Alliance Global Group Inc (ALGGY) | $144.01 Billion | 9.65% | 0.89x | $1.28 Billion |
| Alpine 4 Holdings Inc (ALPP) | $-3.86 Million | 0.00% | 0.00x | $13.53K |
| Alaska Power & Telephone Company (APTL) | $48.02 Million | 21.25% | 1.61x | $538.24K |
| Alliance Recovery Corporation (ARVY) | $-1.81 Million | 0.00% | 0.00x | $26.21 |