Howden Joinery Group Plc
Howden Joinery Group Plc supplies various kitchen, joinery, and hardware products in the United Kingdom, France, Belgium, and the Republic of Ireland. The company's product portfolio worktops, sinks and taps, flooring, appliances, and handles; internal and external doors, such as fire doors, flooring, stair parts, and general joinery items; and cooking, cleaning, and cooling appliances. Howden Jo… Read more
Howden Joinery Group Plc (HWDJF) - Net Assets
Latest net assets as of December 2025: $1.19 Billion USD
Based on the latest financial reports, Howden Joinery Group Plc (HWDJF) has net assets worth $1.19 Billion USD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($2.35 Billion) and total liabilities ($1.16 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 | $1.19 Billion |
| % of Total Assets | 50.59% |
| Annual Growth Rate | N/A |
| 5-Year Change | 20.09% |
| 10-Year Change | 199.93% |
| Growth Volatility | 87.29 |
Howden Joinery Group Plc - Net Assets Trend (1988–2025)
This chart illustrates how Howden Joinery 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 Howden Joinery Group Plc (1988–2025)
The table below shows the annual net assets of Howden Joinery Group Plc from 1988 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $1.19 Billion | +5.49% |
| 2024-12-31 | $1.13 Billion | +15.36% |
| 2023-12-31 | $978.40 Million | +12.24% |
| 2022-12-31 | $871.70 Million | -12.08% |
| 2021-12-31 | $991.50 Million | +37.56% |
| 2020-12-31 | $720.80 Million | +17.17% |
| 2019-12-31 | $615.20 Million | +8.48% |
| 2018-12-31 | $567.10 Million | +24.86% |
| 2017-12-31 | $454.20 Million | +14.41% |
| 2016-12-31 | $397.00 Million | -5.86% |
| 2015-12-31 | $421.70 Million | +43.00% |
| 2014-12-31 | $294.90 Million | +12.69% |
| 2013-12-31 | $261.70 Million | +132.00% |
| 2012-12-31 | $112.80 Million | +60.68% |
| 2011-12-31 | $70.20 Million | +203.90% |
| 2010-12-31 | $23.10 Million | +131.34% |
| 2009-12-31 | $-73.70 Million | -27.51% |
| 2008-12-31 | $-57.80 Million | -255.80% |
| 2007-12-31 | $37.10 Million | +147.87% |
| 2006-12-31 | $-77.50 Million | -288.11% |
| 2005-12-31 | $41.20 Million | -81.14% |
| 2004-12-31 | $218.50 Million | -51.14% |
| 2003-12-31 | $447.20 Million | +6.96% |
| 2002-12-31 | $418.10 Million | +11.34% |
| 2001-12-31 | $375.50 Million | +8.34% |
| 2000-12-31 | $346.60 Million | +12.10% |
| 1999-12-31 | $309.20 Million | 0.00% |
| 1998-12-31 | $309.20 Million | +36.63% |
| 1997-12-31 | $226.30 Million | +1.39% |
| 1996-12-31 | $223.20 Million | +13.24% |
| 1995-12-31 | $197.10 Million | +13.15% |
| 1994-12-31 | $174.20 Million | +13.34% |
| 1993-12-31 | $153.70 Million | +29.60% |
| 1992-12-31 | $118.60 Million | +137.25% |
| 1991-12-31 | $-318.40 Million | +0.87% |
| 1990-12-31 | $-321.20 Million | -10.11% |
| 1989-12-31 | $-291.70 Million | -4.93% |
| 1988-12-31 | $-278.00 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Howden Joinery 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 2240.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $1.03 Billion | 86.10% |
| Common Stock | $54.19 Million | 4.55% |
| Other Comprehensive Income | $35.99 Million | 3.02% |
| Other Components | $75.29 Million | 6.32% |
| Total Equity | $1.19 Billion | 100.00% |
Howden Joinery Group Plc Competitors by Market Cap
The table below lists competitors of Howden Joinery Group Plc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Wolong Electric Group Co Ltd
SHG:600580
|
$5.09 Billion |
|
SpareBank 1 Sør-Norge ASA
OL:SB1NO
|
$5.09 Billion |
|
Porsche Automobil Holding SE Pfd.
WAR:PSHE
|
$5.09 Billion |
|
Sonoco Products Company
NYSE:SON
|
$5.10 Billion |
|
Industrial Bank Of Korea
KO:024110
|
$5.09 Billion |
|
Australian Foundation Investment Company Ltd
AU:AFI
|
$5.08 Billion |
|
Sabra Healthcare REIT Inc
NASDAQ:SBRA
|
$5.08 Billion |
|
Hankyu Hanshin Holdings Inc
F:HKY
|
$5.08 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Howden Joinery Group Plc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,128,700,000 to 1,190,707,017, a change of 62,007,017 (5.5%).
- Net income of 267,656,619 contributed positively to equity growth.
- Dividend payments of 116,581,105 reduced retained earnings.
- Share repurchases of 100,183,762 reduced equity.
- Other comprehensive income increased equity by 35,994,166.
- Other factors decreased equity by 24,878,901.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $267.66 Million | +22.48% |
| Dividends Paid | $116.58 Million | -9.79% |
| Share Repurchases | $100.18 Million | -8.41% |
| Other Comprehensive Income | $35.99 Million | +3.02% |
| Other Changes | $-24.88 Million | -2.09% |
| Total Change | $- | 5.49% |
Book Value vs Market Value Analysis
This analysis compares Howden Joinery 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: 4.00x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1988-12-31 | $-43.05 | $8.71 | x |
| 1989-12-31 | $-27.94 | $8.71 | x |
| 1990-12-31 | $-22.01 | $8.71 | x |
| 1991-12-31 | $-19.86 | $8.71 | x |
| 1992-12-31 | $0.25 | $8.71 | x |
| 1993-12-31 | $0.26 | $8.71 | x |
| 1994-12-31 | $0.30 | $8.71 | x |
| 1995-12-31 | $0.34 | $8.71 | x |
| 1996-12-31 | $0.38 | $8.71 | x |
| 1997-12-31 | $0.38 | $8.71 | x |
| 1998-12-31 | $0.52 | $8.71 | x |
| 1999-12-31 | $0.52 | $8.71 | x |
| 2000-12-31 | $0.57 | $8.71 | x |
| 2001-12-31 | $0.60 | $8.71 | x |
| 2002-12-31 | $0.66 | $8.71 | x |
| 2003-12-31 | $0.69 | $8.71 | x |
| 2004-12-31 | $0.38 | $8.71 | x |
| 2005-12-31 | $0.07 | $8.71 | x |
| 2006-12-31 | $-0.13 | $8.71 | x |
| 2007-12-31 | $0.06 | $8.71 | x |
| 2008-12-31 | $-0.09 | $8.71 | x |
| 2009-12-31 | $-0.12 | $8.71 | x |
| 2010-12-31 | $0.04 | $8.71 | x |
| 2011-12-31 | $0.11 | $8.71 | x |
| 2012-12-31 | $0.18 | $8.71 | x |
| 2013-12-31 | $0.41 | $8.71 | x |
| 2014-12-31 | $0.46 | $8.71 | x |
| 2015-12-31 | $0.65 | $8.71 | x |
| 2016-12-31 | $0.63 | $8.71 | x |
| 2017-12-31 | $0.73 | $8.71 | x |
| 2018-12-31 | $0.93 | $8.71 | x |
| 2019-12-31 | $1.03 | $8.71 | x |
| 2020-12-31 | $1.21 | $8.71 | x |
| 2021-12-31 | $1.67 | $8.71 | x |
| 2022-12-31 | $1.53 | $8.71 | x |
| 2023-12-31 | $1.78 | $8.71 | x |
| 2024-12-31 | $2.06 | $8.71 | x |
| 2025-12-31 | $2.18 | $8.71 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Howden Joinery 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): 22.48%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 11.07%
- • Asset Turnover: 1.03x
- • Equity Multiplier: 1.98x
- Recent ROE (22.48%) is below the historical average (24.56%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1988 | 0.00% | 7.61% | 1.40x | 0.00x | $90.57 Million |
| 1989 | 0.00% | -1.55% | 1.60x | 0.00x | $36.06 Million |
| 1990 | 0.00% | -3.95% | 1.72x | 0.00x | $23.71 Million |
| 1991 | 0.00% | 0.62% | 1.86x | 0.00x | $48.05 Million |
| 1992 | 12.90% | 2.53% | 1.74x | 2.92x | $3.44 Million |
| 1993 | 37.87% | 8.83% | 1.76x | 2.44x | $42.83 Million |
| 1994 | 25.43% | 6.15% | 1.90x | 2.17x | $26.88 Million |
| 1995 | 23.95% | 6.16% | 1.67x | 2.33x | $27.49 Million |
| 1996 | 21.73% | 5.74% | 1.67x | 2.26x | $26.18 Million |
| 1997 | 18.47% | 4.70% | 1.66x | 2.37x | $19.17 Million |
| 1998 | -8.02% | -3.06% | 1.20x | 2.18x | $-55.72 Million |
| 1999 | 3.36% | 1.95% | 1.03x | 1.68x | $-20.52 Million |
| 2000 | 14.28% | 5.50% | 1.67x | 1.56x | $14.84 Million |
| 2001 | 11.16% | 3.89% | 1.74x | 1.65x | $4.35 Million |
| 2002 | 13.73% | 4.46% | 1.70x | 1.81x | $15.59 Million |
| 2003 | 19.41% | 5.86% | 1.73x | 1.91x | $42.08 Million |
| 2004 | 3.39% | 0.49% | 1.69x | 4.11x | $-14.45 Million |
| 2005 | -304.37% | -20.17% | 0.82x | 18.44x | $-129.52 Million |
| 2006 | 0.00% | -23.29% | 1.61x | 0.00x | $-162.95 Million |
| 2007 | 118.33% | 4.50% | 2.37x | 11.10x | $40.19 Million |
| 2008 | 0.00% | -6.35% | 2.02x | 0.00x | $-45.42 Million |
| 2009 | 0.00% | 5.94% | 2.14x | 0.00x | $53.07 Million |
| 2010 | 289.61% | 8.28% | 2.13x | 16.43x | $64.59 Million |
| 2011 | 104.42% | 8.59% | 2.11x | 5.78x | $66.28 Million |
| 2012 | 74.65% | 9.49% | 1.98x | 3.98x | $72.92 Million |
| 2013 | 37.18% | 10.17% | 1.88x | 1.94x | $71.13 Million |
| 2014 | 53.51% | 14.47% | 1.69x | 2.19x | $128.31 Million |
| 2015 | 41.59% | 14.37% | 1.78x | 1.63x | $133.23 Million |
| 2016 | 46.75% | 14.20% | 1.75x | 1.88x | $145.90 Million |
| 2017 | 40.73% | 13.18% | 1.74x | 1.78x | $139.58 Million |
| 2018 | 33.57% | 12.60% | 1.75x | 1.53x | $133.69 Million |
| 2019 | 33.97% | 13.20% | 1.68x | 1.53x | $147.48 Million |
| 2020 | 20.48% | 9.54% | 0.92x | 2.34x | $75.52 Million |
| 2021 | 31.72% | 15.02% | 1.02x | 2.07x | $215.35 Million |
| 2022 | 42.93% | 16.14% | 1.14x | 2.33x | $287.03 Million |
| 2023 | 26.02% | 11.02% | 1.12x | 2.11x | $156.76 Million |
| 2024 | 22.09% | 10.74% | 1.04x | 1.98x | $136.43 Million |
| 2025 | 22.48% | 11.07% | 1.03x | 1.98x | $148.59 Million |
Industry Comparison
This section compares Howden Joinery Group Plc's net assets metrics with peer companies in the Furnishings, Fixtures & Appliances industry.
Industry Context
- Industry: Furnishings, Fixtures & Appliances
- Average net assets among peers: $264,634,611
- Average return on equity (ROE) among peers: -5.57%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Howden Joinery Group Plc (HWDJF) | $1.19 Billion | 0.00% | 0.98x | $5.09 Billion |
| American Woodmark Corporation (AMWD) | $581.66 Million | 10.86% | 1.83x | $572.47 Million |
| Aterian Inc (ATER) | $224.23 Million | -105.26% | 0.40x | $3.15 Million |
| Applied UV, Inc. (AUVIQ) | $-1.42 Million | 0.00% | 0.00x | $467.00 |
| Bassett Furniture Industries (BSET) | $298.90 Million | 7.66% | 0.16x | $108.92 Million |
| Breville Group Limited (BVILF) | $150.22 Million | 15.03% | 0.59x | $2.02 Billion |
| Traeger Inc (COOK) | $291.35 Million | -28.97% | 1.95x | $117.97 Million |
| Crown Crafts Inc (CRWS) | $31.39 Million | 13.72% | 0.46x | $25.18 Million |
| Deer Consumer Prodct (DEER) | $-17.75K | 0.00% | 0.00x | $0.93 |
| De'Longhi S.p.A (DELHF) | $1.07 Billion | 17.33% | 0.99x | $1.30 Billion |
| Dyna Group International Inc (DGIX) | $4.10 Million | 13.94% | 0.59x | $7.42K |