Halfords Group plc
Halfords Group plc, through its subsidiaries, provides motoring and cycling products and services in the United Kingdom. It operates through two segments, Retail and Autocentres. The company offers batteries; car parts, cleaning solutions, seats, and accessories; engine oils and fluids; tyres; tools; baby and child car accessories; bulbs; wiper blades; roof bars and boxes; number plates; camping;… Read more
Halfords Group plc (HLFDF) - Net Assets
Latest net assets as of September 2025: $495.90 Million USD
Based on the latest financial reports, Halfords Group plc (HLFDF) has net assets worth $495.90 Million USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.17 Billion) and total liabilities ($675.70 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 | $495.90 Million |
| % of Total Assets | 42.33% |
| Annual Growth Rate | 25.15% |
| 5-Year Change | 19.75% |
| 10-Year Change | 23.41% |
| Growth Volatility | 809.0 |
Halfords Group plc - Net Assets Trend (2004–2025)
This chart illustrates how Halfords 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 Halfords Group plc (2004–2025)
The table below shows the annual net assets of Halfords Group plc from 2004 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | $500.30 Million | -9.66% |
| 2024-03-31 | $553.80 Million | -1.60% |
| 2023-03-31 | $562.80 Million | +2.14% |
| 2022-03-31 | $551.00 Million | +31.88% |
| 2021-03-31 | $417.80 Million | +14.22% |
| 2020-03-31 | $365.80 Million | -13.11% |
| 2019-03-31 | $421.00 Million | -0.21% |
| 2018-03-31 | $421.90 Million | +3.53% |
| 2017-03-31 | $407.50 Million | +0.52% |
| 2016-03-31 | $405.40 Million | +10.25% |
| 2015-03-31 | $367.70 Million | +12.76% |
| 2014-03-31 | $326.10 Million | +9.17% |
| 2013-03-31 | $298.70 Million | +4.04% |
| 2012-03-31 | $287.10 Million | -10.95% |
| 2011-03-31 | $322.40 Million | +15.76% |
| 2010-03-31 | $278.50 Million | +13.95% |
| 2009-03-31 | $244.40 Million | +10.24% |
| 2008-03-31 | $221.70 Million | +9.16% |
| 2007-03-31 | $203.10 Million | +0.30% |
| 2006-03-31 | $202.50 Million | +15.25% |
| 2005-03-31 | $175.70 Million | +3804.44% |
| 2004-03-31 | $4.50 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Halfords 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 6409.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $286.40 Million | 57.27% |
| Common Stock | $2.20 Million | 0.44% |
| Other Components | $211.50 Million | 42.29% |
| Total Equity | $500.10 Million | 100.00% |
Halfords Group plc Competitors by Market Cap
The table below lists competitors of Halfords Group plc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
One United Properties SA
RO:ONE
|
$293.67 Million |
|
Nanjing Vishee Medical Technology Co Ltd
SHG:688580
|
$293.70 Million |
|
Anhui Sunhere Pharmaceutical Excipients Co Ltd
SHE:300452
|
$293.70 Million |
|
Royal Group Co Ltd
SHE:002329
|
$293.71 Million |
|
VETOQUINOL INH. EO 250
F:8JM
|
$293.61 Million |
|
Jiangyin Electrical Alloy Co Ltd
SHE:300697
|
$293.48 Million |
|
Jiayin Group Inc
NASDAQ:JFIN
|
$293.47 Million |
|
Leo Lithium Ltd
AU:LLL
|
$293.32 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Halfords Group plc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 553,800,000 to 500,100,000, a change of -53,700,000 (-9.7%).
- Net loss of 33,600,000 reduced equity.
- Dividend payments of 17,400,000 reduced retained earnings.
- Share repurchases of 3,600,000 reduced equity.
- New share issuances of 600,000 increased equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-33.60 Million | -6.72% |
| Dividends Paid | $17.40 Million | -3.48% |
| Share Repurchases | $3.60 Million | -0.72% |
| Share Issuances | $600.00K | +0.12% |
| Other Changes | $300.00K | +0.06% |
| Total Change | $- | -9.70% |
Book Value vs Market Value Analysis
This analysis compares Halfords 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: 0.69x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 59.09x to 0.69x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2004-03-31 | $0.03 | $1.51 | x |
| 2005-03-31 | $0.81 | $1.51 | x |
| 2006-03-31 | $0.89 | $1.51 | x |
| 2007-03-31 | $0.91 | $1.51 | x |
| 2008-03-31 | $1.02 | $1.51 | x |
| 2009-03-31 | $1.16 | $1.51 | x |
| 2010-03-31 | $1.32 | $1.51 | x |
| 2011-03-31 | $1.52 | $1.51 | x |
| 2012-03-31 | $1.43 | $1.51 | x |
| 2013-03-31 | $1.53 | $1.51 | x |
| 2014-03-31 | $1.66 | $1.51 | x |
| 2015-03-31 | $1.86 | $1.51 | x |
| 2016-03-31 | $2.07 | $1.51 | x |
| 2017-03-31 | $2.07 | $1.51 | x |
| 2018-03-31 | $2.12 | $1.51 | x |
| 2019-03-31 | $2.11 | $1.51 | x |
| 2020-03-31 | $1.83 | $1.51 | x |
| 2021-03-31 | $2.07 | $1.51 | x |
| 2022-03-31 | $2.58 | $1.51 | x |
| 2023-03-31 | $2.47 | $1.51 | x |
| 2024-03-31 | $2.45 | $1.51 | x |
| 2025-03-31 | $2.20 | $1.51 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Halfords 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): -6.72%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -1.96%
- • Asset Turnover: 1.46x
- • Equity Multiplier: 2.35x
- Recent ROE (-6.72%) is below the historical average (29.61%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | 300.00% | 2.33% | 1.18x | 109.29x | $13.05 Million |
| 2005 | 29.08% | 8.13% | 1.28x | 2.79x | $33.53 Million |
| 2006 | 26.47% | 7.86% | 1.31x | 2.58x | $33.35 Million |
| 2007 | 28.26% | 7.72% | 1.32x | 2.78x | $37.09 Million |
| 2008 | 28.87% | 8.03% | 1.38x | 2.61x | $41.83 Million |
| 2009 | 22.83% | 6.89% | 1.39x | 2.39x | $31.36 Million |
| 2010 | 27.65% | 9.26% | 1.24x | 2.41x | $49.15 Million |
| 2011 | 26.52% | 9.83% | 1.35x | 1.99x | $53.26 Million |
| 2012 | 23.82% | 7.92% | 1.33x | 2.25x | $39.69 Million |
| 2013 | 17.64% | 6.05% | 1.38x | 2.11x | $22.83 Million |
| 2014 | 17.02% | 5.91% | 1.45x | 1.99x | $22.89 Million |
| 2015 | 17.90% | 6.42% | 1.47x | 1.89x | $29.03 Million |
| 2016 | 15.66% | 6.22% | 1.45x | 1.74x | $22.96 Million |
| 2017 | 13.84% | 5.15% | 1.41x | 1.90x | $15.65 Million |
| 2018 | 12.97% | 4.82% | 1.45x | 1.85x | $12.51 Million |
| 2019 | 9.95% | 3.68% | 1.53x | 1.76x | $-200.00K |
| 2020 | 4.78% | 1.52% | 0.97x | 3.27x | $-19.08 Million |
| 2021 | 12.73% | 4.12% | 1.19x | 2.59x | $11.42 Million |
| 2022 | 14.10% | 5.67% | 1.07x | 2.32x | $22.60 Million |
| 2023 | 4.99% | 1.76% | 1.18x | 2.39x | $-28.18 Million |
| 2024 | 3.05% | 1.00% | 1.33x | 2.31x | $-38.48 Million |
| 2025 | -6.72% | -1.96% | 1.46x | 2.35x | $-83.61 Million |
Industry Comparison
This section compares Halfords Group plc's net assets metrics with peer companies in the Specialty Retail industry.
Industry Context
- Industry: Specialty Retail
- Average net assets among peers: $866,355,577
- Average return on equity (ROE) among peers: 86.93%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Halfords Group plc (HLFDF) | $495.90 Million | 300.00% | 1.36x | $293.64 Million |
| Able View Global Inc. Class B Ordinary Shares (ABLV) | $7.74 Million | 76.78% | 1.27x | $8.70 Million |
| Alimentation Couchen Tard Inc A (ANCTF) | $3.22 Billion | 17.81% | 2.28x | $37.28 Billion |
| Arhaus Inc (ARHS) | $3.03 Million | 248.25% | 87.69x | $382.69 Million |
| Arko Corp (ARKO) | $194.89 Million | -22.34% | 8.48x | $238.69 Million |
| Academy Sports Outdoors Inc (ASO) | $857.04 Million | 2.50% | 2.78x | $3.28 Billion |
| BARK, Inc. (BARK) | $203.74 Million | -15.41% | 0.25x | $89.87 Million |
| Build-A-Bear Workshop Inc (BBW) | $88.73 Million | 0.29% | 2.35x | $438.23 Million |
| Bath & Body Works Inc. (BBWI) | $2.27 Billion | 20.34% | 0.80x | $4.13 Billion |
| Best Buy Co. Inc (BBY) | $1.82 Billion | 21.73% | 1.66x | $12.17 Billion |
| Big 5 Sporting Goods Corporation (BGFV) | $3.67 Million | 519.38% | 69.22x | $29.90 Million |