Inchcape plc
Inchcape plc operates as an automotive distributor and retailer. It engages in the distribution, sales, and marketing of new and used cars, and parts. The company provides aftersales service and body shop repairs; and finance and insurance products and services, as well as product planning, logistics, brand and marketing, channel management, and retail services. It operates in the Asia Pacific, t… Read more
Inchcape plc (IHCPF) - Net Assets
Latest net assets as of June 2025: $1.11 Billion USD
Based on the latest financial reports, Inchcape plc (IHCPF) has net assets worth $1.11 Billion USD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($5.72 Billion) and total liabilities ($4.61 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 | $1.11 Billion |
| % of Total Assets | 19.46% |
| Annual Growth Rate | 3.73% |
| 5-Year Change | 36.02% |
| 10-Year Change | 18.69% |
| Growth Volatility | 18.06 |
Inchcape plc - Net Assets Trend (1985–2024)
This chart illustrates how Inchcape 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 Inchcape plc (1985–2024)
The table below shows the annual net assets of Inchcape plc from 1985 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $1.47 Billion | -9.01% |
| 2023-12-31 | $1.62 Billion | +3.38% |
| 2022-12-31 | $1.57 Billion | +38.61% |
| 2021-12-31 | $1.13 Billion | +4.32% |
| 2020-12-31 | $1.08 Billion | -16.55% |
| 2019-12-31 | $1.30 Billion | -8.28% |
| 2018-12-31 | $1.42 Billion | -2.68% |
| 2017-12-31 | $1.45 Billion | +6.77% |
| 2016-12-31 | $1.36 Billion | +9.71% |
| 2015-12-31 | $1.24 Billion | -5.78% |
| 2014-12-31 | $1.32 Billion | -12.08% |
| 2013-12-31 | $1.50 Billion | -0.54% |
| 2012-12-31 | $1.51 Billion | +11.04% |
| 2011-12-31 | $1.36 Billion | +5.29% |
| 2010-12-31 | $1.29 Billion | +18.32% |
| 2009-12-31 | $1.09 Billion | +6.88% |
| 2008-12-31 | $1.02 Billion | +21.70% |
| 2007-12-31 | $837.80 Million | +28.69% |
| 2006-12-31 | $651.00 Million | +10.12% |
| 2005-12-31 | $591.20 Million | +14.86% |
| 2004-12-31 | $514.70 Million | +5.11% |
| 2003-12-31 | $489.70 Million | +22.89% |
| 2002-12-31 | $398.50 Million | -0.03% |
| 2001-12-31 | $398.60 Million | -3.37% |
| 2000-12-31 | $412.50 Million | +12.61% |
| 1999-12-31 | $366.30 Million | -46.95% |
| 1998-12-31 | $690.50 Million | -25.17% |
| 1997-12-31 | $922.80 Million | -9.10% |
| 1996-12-31 | $1.02 Billion | +53.47% |
| 1995-12-31 | $661.50 Million | -11.64% |
| 1994-12-31 | $748.60 Million | -14.18% |
| 1993-12-31 | $872.30 Million | +18.58% |
| 1992-12-31 | $735.60 Million | +33.19% |
| 1991-12-31 | $552.30 Million | +11.87% |
| 1990-12-31 | $493.70 Million | +15.32% |
| 1989-12-31 | $428.10 Million | +21.17% |
| 1988-12-31 | $353.30 Million | +12.44% |
| 1987-12-31 | $314.20 Million | +1.88% |
| 1986-12-31 | $308.40 Million | -12.77% |
| 1985-12-31 | $353.53 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Inchcape 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 818.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $1.02 Billion | 73.97% |
| Common Stock | $40.00 Million | 2.90% |
| Other Components | $319.00 Million | 23.13% |
| Total Equity | $1.38 Billion | 100.00% |
Inchcape plc Competitors by Market Cap
The table below lists competitors of Inchcape plc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Aritzia Inc
PINK:ATZAF
|
$2.85 Billion |
|
Graphic Packaging Holding Company
NYSE:GPK
|
$2.85 Billion |
|
SOLARWINDS CORP. DL-001
F:0OIA
|
$2.85 Billion |
|
Vodafone Idea Limited
NSE:IDEA
|
$2.86 Billion |
|
Balfour Beatty plc
PINK:BAFBF
|
$2.85 Billion |
|
MeiHua Holdings Group Co Ltd
SHG:600873
|
$2.85 Billion |
|
Aura Minerals Inc. Common Shares
NASDAQ:AUGO
|
$2.85 Billion |
|
Geo-Jade Petroleum Corp
SHG:600759
|
$2.85 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Inchcape plc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,521,000,000 to 1,379,000,000, a change of -142,000,000 (-9.3%).
- Net income of 421,000,000 contributed positively to equity growth.
- Dividend payments of 147,000,000 reduced retained earnings.
- Share repurchases of 147,000,000 reduced equity.
- Other comprehensive income decreased equity by 399,000,000.
- Other factors increased equity by 130,000,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $421.00 Million | +30.53% |
| Dividends Paid | $147.00 Million | -10.66% |
| Share Repurchases | $147.00 Million | -10.66% |
| Other Comprehensive Income | $-399.00 Million | -28.93% |
| Other Changes | $130.00 Million | +9.43% |
| Total Change | $- | -9.34% |
Book Value vs Market Value Analysis
This analysis compares Inchcape 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: 2.74x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 6.49x to 2.74x 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 | $1.41 | $9.16 | x |
| 1986-12-31 | $1.23 | $9.16 | x |
| 1987-12-31 | $1.30 | $9.16 | x |
| 1988-12-31 | $1.44 | $9.16 | x |
| 1989-12-31 | $1.71 | $9.16 | x |
| 1990-12-31 | $1.90 | $9.16 | x |
| 1991-12-31 | $2.10 | $9.16 | x |
| 1992-12-31 | $2.16 | $9.16 | x |
| 1993-12-31 | $2.48 | $9.16 | x |
| 1994-12-31 | $2.03 | $9.16 | x |
| 1995-12-31 | $1.74 | $9.16 | x |
| 1996-12-31 | $2.83 | $9.16 | x |
| 1997-12-31 | $2.52 | $9.16 | x |
| 1998-12-31 | $1.77 | $9.16 | x |
| 1999-12-31 | $1.02 | $9.16 | x |
| 2000-12-31 | $1.17 | $9.16 | x |
| 2001-12-31 | $1.23 | $9.16 | x |
| 2002-12-31 | $1.42 | $9.16 | x |
| 2003-12-31 | $1.73 | $9.16 | x |
| 2004-12-31 | $1.79 | $9.16 | x |
| 2005-12-31 | $2.07 | $9.16 | x |
| 2006-12-31 | $2.32 | $9.16 | x |
| 2007-12-31 | $2.94 | $9.16 | x |
| 2008-12-31 | $3.65 | $9.16 | x |
| 2009-12-31 | $2.66 | $9.16 | x |
| 2010-12-31 | $2.73 | $9.16 | x |
| 2011-12-31 | $2.85 | $9.16 | x |
| 2012-12-31 | $3.16 | $9.16 | x |
| 2013-12-31 | $3.11 | $9.16 | x |
| 2014-12-31 | $2.81 | $9.16 | x |
| 2015-12-31 | $2.73 | $9.16 | x |
| 2016-12-31 | $3.11 | $9.16 | x |
| 2017-12-31 | $3.41 | $9.16 | x |
| 2018-12-31 | $3.34 | $9.16 | x |
| 2019-12-31 | $3.10 | $9.16 | x |
| 2020-12-31 | $2.64 | $9.16 | x |
| 2021-12-31 | $2.81 | $9.16 | x |
| 2022-12-31 | $3.64 | $9.16 | x |
| 2023-12-31 | $3.65 | $9.16 | x |
| 2024-12-31 | $3.34 | $9.16 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Inchcape 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): 30.53%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.54%
- • Asset Turnover: 1.64x
- • Equity Multiplier: 4.09x
- Recent ROE (30.53%) is above the historical average (14.41%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1985 | 1.53% | 0.24% | 1.58x | 4.07x | $-24.04 Million |
| 1986 | 7.73% | 0.96% | 1.76x | 4.58x | $-5.63 Million |
| 1987 | 29.15% | 3.79% | 1.78x | 4.34x | $50.71 Million |
| 1988 | 28.46% | 3.44% | 1.96x | 4.21x | $54.75 Million |
| 1989 | 25.58% | 3.10% | 1.97x | 4.19x | $55.60 Million |
| 1990 | 23.21% | 2.93% | 2.03x | 3.90x | $54.92 Million |
| 1991 | 25.57% | 3.33% | 1.84x | 4.19x | $73.44 Million |
| 1992 | 24.16% | 3.08% | 1.80x | 4.36x | $90.97 Million |
| 1993 | 23.06% | 3.00% | 1.77x | 4.34x | $99.84 Million |
| 1994 | 22.30% | 2.31% | 1.63x | 5.92x | $77.76 Million |
| 1995 | -8.10% | -0.70% | 1.32x | 8.81x | $-98.30 Million |
| 1996 | 2.54% | 0.36% | 1.85x | 3.81x | $-66.18 Million |
| 1997 | 0.99% | 0.13% | 1.84x | 4.08x | $-71.23 Million |
| 1998 | -65.94% | -8.59% | 1.87x | 4.11x | $-420.93 Million |
| 1999 | 83.35% | 7.71% | 2.47x | 4.38x | $234.79 Million |
| 2000 | 13.03% | 1.54% | 2.22x | 3.81x | $11.07 Million |
| 2001 | 6.63% | 0.75% | 2.43x | 3.63x | $-11.87 Million |
| 2002 | 19.43% | 2.24% | 2.75x | 3.16x | $37.03 Million |
| 2003 | 26.29% | 3.35% | 2.77x | 2.83x | $78.69 Million |
| 2004 | 22.99% | 2.83% | 2.90x | 2.80x | $65.76 Million |
| 2005 | 21.76% | 2.82% | 2.68x | 2.88x | $68.43 Million |
| 2006 | 27.01% | 3.59% | 2.42x | 3.11x | $109.52 Million |
| 2007 | 21.68% | 2.91% | 2.31x | 3.23x | $95.04 Million |
| 2008 | 5.16% | 0.82% | 1.79x | 3.52x | $-48.15 Million |
| 2009 | 8.62% | 1.65% | 1.98x | 2.64x | $-14.77 Million |
| 2010 | 10.13% | 2.17% | 1.90x | 2.46x | $1.59 Million |
| 2011 | 10.70% | 2.44% | 1.81x | 2.42x | $9.29 Million |
| 2012 | 12.25% | 2.98% | 1.80x | 2.28x | $33.34 Million |
| 2013 | 13.21% | 2.98% | 1.93x | 2.30x | $47.20 Million |
| 2014 | 13.89% | 2.68% | 2.05x | 2.53x | $50.31 Million |
| 2015 | 14.42% | 2.57% | 1.99x | 2.81x | $53.90 Million |
| 2016 | 13.72% | 2.35% | 1.79x | 3.26x | $50.01 Million |
| 2017 | 18.67% | 2.99% | 1.84x | 3.40x | $124.28 Million |
| 2018 | 3.46% | 0.52% | 1.96x | 3.40x | $-91.03 Million |
| 2019 | 25.26% | 3.44% | 2.10x | 3.49x | $195.07 Million |
| 2020 | -13.63% | -2.08% | 1.88x | 3.49x | $-246.19 Million |
| 2021 | 10.55% | 1.53% | 2.15x | 3.21x | $6.11 Million |
| 2022 | -0.72% | -0.14% | 1.17x | 4.54x | $-164.28 Million |
| 2023 | 17.75% | 2.36% | 1.60x | 4.69x | $117.90 Million |
| 2024 | 30.53% | 4.54% | 1.64x | 4.09x | $283.10 Million |
Industry Comparison
This section compares Inchcape plc's net assets metrics with peer companies in the Auto & Truck Dealerships industry.
Industry Context
- Industry: Auto & Truck Dealerships
- Average net assets among peers: $479,331,244
- Average return on equity (ROE) among peers: 1.24%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Inchcape plc (IHCPF) | $1.11 Billion | 1.53% | 4.14x | $2.85 Billion |
| Asbury Automotive Group Inc (ABG) | $473.20 Million | 35.50% | 4.70x | $2.82 Billion |
| ACV Auctions Inc. (ACVA) | $556.10 Million | -14.06% | 0.77x | $1.29 Billion |
| Balincan International Inc (ALTB) | $-44.44K | 0.00% | 0.00x | $549.75 Million |
| AMA Group Limited (AMGRF) | $162.85 Million | 10.57% | 0.80x | $14.62 Million |
| AutoNation Inc (AN) | $2.46 Billion | 28.17% | 4.29x | $6.02 Billion |
| AutoCanada Inc (AOCIF) | $86.39 Million | 10.04% | 2.10x | $138.46 Million |
| AUTO1 Group SE (ATOGF) | $118.48 Million | -80.39% | 2.00x | $2.48 Billion |
| Autozi Internet Technology (Global) Ltd. Class A Ordinary Shares (AZI) | $-28.41 Million | 0.00% | 0.00x | $21.12 Million |
| Boyd Group Services Inc (BYDGF) | $710.60 Million | 6.21% | 1.21x | $3.03 Billion |
| CarGurus (CARG) | $256.86 Million | 16.41% | 0.53x | $2.65 Billion |