Hargreaves Lansdown plc
Hargreaves Lansdown plc provides investment services for individuals and corporates in the United Kingdom and Poland. The company offers stocks and shares individual savings accounts (ISAs), fund and share accounts, and junior and lifetime ISAs. It also provides pension services, including self-invested personal pensions (SIPP), junior SIPPs, annuities, and drawdown; share dealing services; fund … Read more
Hargreaves Lansdown plc (HRGLF) - Net Assets
Latest net assets as of June 2024: $815.10 Million USD
Based on the latest financial reports, Hargreaves Lansdown plc (HRGLF) has net assets worth $815.10 Million USD as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.50 Billion) and total liabilities ($684.10 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 | $815.10 Million |
| % of Total Assets | 54.37% |
| Annual Growth Rate | 18.67% |
| 5-Year Change | 46.18% |
| 10-Year Change | 243.83% |
| Growth Volatility | 40.95 |
Hargreaves Lansdown plc - Net Assets Trend (2004–2024)
This chart illustrates how Hargreaves Lansdown 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 Hargreaves Lansdown plc (2004–2024)
The table below shows the annual net assets of Hargreaves Lansdown plc from 2004 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-06-30 | $815.10 Million | +14.85% |
| 2023-06-30 | $709.70 Million | +23.75% |
| 2022-06-30 | $573.50 Million | -3.19% |
| 2021-06-30 | $592.40 Million | +6.24% |
| 2020-06-30 | $557.60 Million | +21.40% |
| 2019-06-30 | $459.30 Million | +13.35% |
| 2018-06-30 | $405.20 Million | +31.69% |
| 2017-06-30 | $307.70 Million | +21.06% |
| 2016-06-30 | $254.16 Million | +7.21% |
| 2015-06-30 | $237.07 Million | +3.82% |
| 2014-06-30 | $228.34 Million | +15.83% |
| 2013-06-30 | $197.15 Million | +25.24% |
| 2012-06-30 | $157.42 Million | +20.29% |
| 2011-06-30 | $130.87 Million | +98.12% |
| 2010-06-30 | $66.05 Million | -21.97% |
| 2009-06-30 | $84.65 Million | +20.39% |
| 2008-06-30 | $70.31 Million | +58.02% |
| 2007-06-30 | $44.49 Million | +154.71% |
| 2006-06-30 | $17.47 Million | -50.27% |
| 2005-06-30 | $35.13 Million | +32.15% |
| 2004-06-30 | $26.58 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Hargreaves Lansdown 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 3697.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (June 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $811.70 Million | 99.58% |
| Common Stock | $1.90 Million | 0.23% |
| Other Comprehensive Income | $1.50 Million | 0.18% |
| Total Equity | $815.10 Million | 100.00% |
Hargreaves Lansdown plc Competitors by Market Cap
The table below lists competitors of Hargreaves Lansdown plc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Louisiana-Pacific Corporation
NYSE:LPX
|
$4.49 Billion |
|
LTIMindtree Limited
NSE:LTM
|
$4.49 Billion |
|
WHITE MTNS INS. GRP DL 1
F:WNI
|
$4.49 Billion |
|
Chime Financial, Inc. Class A Common Stock
NASDAQ:CHYM
|
$4.49 Billion |
|
VÃ¥r Energi AS
PINK:VARRY
|
$4.49 Billion |
|
Millrose Properties, Inc.
NYSE:MRP
|
$4.49 Billion |
|
Etsy, Inc.
NYSE:ETSY
|
$4.49 Billion |
|
Macrotech Developers Limited
NSE:LODHA
|
$4.48 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hargreaves Lansdown plc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 709,700,000 to 815,100,000, a change of 105,400,000 (14.9%).
- Net income of 293,200,000 contributed positively to equity growth.
- Dividend payments of 199,200,000 reduced retained earnings.
- New share issuances of 4,700,000 increased equity.
- Other comprehensive income increased equity by 8,899,999.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $293.20 Million | +35.97% |
| Dividends Paid | $199.20 Million | -24.44% |
| Share Issuances | $4.70 Million | +0.58% |
| Other Comprehensive Income | $8.90 Million | +1.09% |
| Other Changes | $-2.20 Million | -0.27% |
| Total Change | $- | 14.85% |
Book Value vs Market Value Analysis
This analysis compares Hargreaves Lansdown 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: 7.57x
- 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 231.59x to 7.57x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2004-06-30 | $0.06 | $12.98 | x |
| 2005-06-30 | $0.07 | $12.98 | x |
| 2006-06-30 | $0.04 | $12.98 | x |
| 2007-06-30 | $0.09 | $12.98 | x |
| 2008-06-30 | $0.15 | $12.98 | x |
| 2009-06-30 | $0.18 | $12.98 | x |
| 2010-06-30 | $0.14 | $12.98 | x |
| 2011-06-30 | $0.28 | $12.98 | x |
| 2012-06-30 | $0.33 | $12.98 | x |
| 2013-06-30 | $0.42 | $12.98 | x |
| 2014-06-30 | $0.48 | $12.98 | x |
| 2015-06-30 | $0.50 | $12.98 | x |
| 2016-06-30 | $0.53 | $12.98 | x |
| 2017-06-30 | $0.65 | $12.98 | x |
| 2018-06-30 | $0.85 | $12.98 | x |
| 2019-06-30 | $0.96 | $12.98 | x |
| 2020-06-30 | $1.18 | $12.98 | x |
| 2021-06-30 | $1.25 | $12.98 | x |
| 2022-06-30 | $1.21 | $12.98 | x |
| 2023-06-30 | $1.49 | $12.98 | x |
| 2024-06-30 | $1.72 | $12.98 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hargreaves Lansdown 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): 35.97%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 38.33%
- • Asset Turnover: 0.51x
- • Equity Multiplier: 1.84x
- Recent ROE (35.97%) is below the historical average (55.55%), 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 | 18.56% | 12.33% | 0.68x | 2.21x | $2.27 Million |
| 2005 | 29.41% | 21.24% | 0.62x | 2.22x | $6.82 Million |
| 2006 | 34.42% | 8.19% | 0.93x | 4.53x | $4.27 Million |
| 2007 | 38.11% | 17.17% | 0.90x | 2.46x | $12.51 Million |
| 2008 | 60.25% | 35.24% | 0.79x | 2.18x | $35.36 Million |
| 2009 | 61.52% | 39.24% | 0.78x | 2.01x | $43.65 Million |
| 2010 | 92.67% | 38.54% | 0.84x | 2.87x | $54.65 Million |
| 2011 | 70.20% | 44.16% | 0.66x | 2.42x | $78.74 Million |
| 2012 | 71.95% | 47.31% | 0.76x | 1.99x | $97.26 Million |
| 2013 | 75.47% | 50.75% | 0.61x | 2.45x | $128.73 Million |
| 2014 | 71.17% | 45.23% | 0.68x | 2.33x | $139.32 Million |
| 2015 | 66.22% | 39.65% | 0.60x | 2.76x | $133.01 Million |
| 2016 | 69.73% | 45.55% | 0.46x | 3.36x | $151.53 Million |
| 2017 | 68.98% | 54.37% | 0.53x | 2.42x | $181.01 Million |
| 2018 | 58.49% | 52.79% | 0.57x | 1.96x | $195.90 Million |
| 2019 | 54.03% | 51.49% | 0.49x | 2.13x | $201.61 Million |
| 2020 | 56.08% | 56.83% | 0.43x | 2.29x | $257.27 Million |
| 2021 | 49.99% | 47.02% | 0.46x | 2.33x | $237.35 Million |
| 2022 | 37.61% | 37.10% | 0.54x | 1.87x | $158.79 Million |
| 2023 | 45.62% | 44.05% | 0.57x | 1.81x | $252.83 Million |
| 2024 | 35.97% | 38.33% | 0.51x | 1.84x | $211.69 Million |
Industry Comparison
This section compares Hargreaves Lansdown plc's net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $505,123,774
- Average return on equity (ROE) among peers: -2.20%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hargreaves Lansdown plc (HRGLF) | $815.10 Million | 18.56% | 0.84x | $4.49 Billion |
| Aberdeen International Inc (AABVF) | $214.75K | -122.83% | 0.39x | $2.78 Million |
| Acadian Asset Management Inc (AAMI) | $87.10 Million | 97.59% | 7.07x | $1.38 Billion |
| AllianceBernstein Holding L.P. (AB) | $1.60 Billion | 15.33% | 0.00x | $3.43 Billion |
| VIVO Cannabis Inc (ABCCF) | $164.13 Million | 16.36% | 0.09x | $148.26 Million |
| Associated Capital Group Inc (AC) | $1.11 Billion | 1.70% | 0.06x | $42.54 Million |
| Adrian Resources Ltd (ADLRF) | $605.01 Million | 3.35% | 0.58x | $609.82 Million |
| Abrdn Emerging Markets Equity Income Fund Inc (AEF) | $317.00 Million | -43.61% | 0.05x | $72.80K |
| AGF Management Limited (AGFMF) | $1.02 Billion | 17.11% | 0.33x | $298.43 Million |
| Agronomics Limited (AGNMF) | $157.27 Million | -6.99% | 0.00x | $57.14 Million |
| AgriFORCE Growing Systems Ltd (AGRI) | $-40.08K | 0.00% | 0.00x | $2.71 Million |