IMI plc
IMI plc, an engineering company, designs, manufactures, and services engineering products in the United Kingdom, Germany, rest of Europe, the United States, rest of the Americas, China, rest of the Asia Pacific, the Middle East, and Africa. It provides engineering protects for extreme temperatures and pressure environments; supplying flow control solutions in critical applications, such as liquif… Read more
IMI plc (IMIAF) - Net Assets
Latest net assets as of December 2024: $1.09 Billion USD
Based on the latest financial reports, IMI plc (IMIAF) has net assets worth $1.09 Billion USD as of December 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($2.49 Billion) and total liabilities ($1.41 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 | $1.09 Billion |
| % of Total Assets | 43.57% |
| Annual Growth Rate | 3.88% |
| 5-Year Change | 35.72% |
| 10-Year Change | 84.26% |
| Growth Volatility | 12.02 |
IMI plc - Net Assets Trend (1985–2024)
This chart illustrates how IMI 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 IMI plc (1985–2024)
The table below shows the annual net assets of IMI plc from 1985 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $1.09 Billion | +5.33% |
| 2023-12-31 | $1.03 Billion | +13.76% |
| 2022-12-31 | $905.60 Million | +16.24% |
| 2021-12-31 | $779.10 Million | -2.55% |
| 2020-12-31 | $799.50 Million | +12.62% |
| 2019-12-31 | $709.90 Million | +6.56% |
| 2018-12-31 | $666.20 Million | +9.68% |
| 2017-12-31 | $607.40 Million | +4.15% |
| 2016-12-31 | $583.20 Million | -0.97% |
| 2015-12-31 | $588.90 Million | +6.28% |
| 2014-12-31 | $554.10 Million | -14.42% |
| 2013-12-31 | $647.50 Million | -5.27% |
| 2012-12-31 | $683.50 Million | +11.28% |
| 2011-12-31 | $614.20 Million | +6.67% |
| 2010-12-31 | $575.80 Million | +43.23% |
| 2009-12-31 | $402.00 Million | -12.93% |
| 2008-12-31 | $461.70 Million | +11.82% |
| 2007-12-31 | $412.90 Million | -0.89% |
| 2006-12-31 | $416.60 Million | -1.07% |
| 2005-12-31 | $421.10 Million | -24.10% |
| 2004-12-31 | $554.80 Million | +2.17% |
| 2003-12-31 | $543.00 Million | +2.26% |
| 2002-12-31 | $531.00 Million | +7.64% |
| 2001-12-31 | $493.30 Million | +3.61% |
| 2000-12-31 | $476.10 Million | +10.95% |
| 1999-12-31 | $429.10 Million | +4.79% |
| 1998-12-31 | $409.50 Million | +25.85% |
| 1997-12-31 | $325.40 Million | -12.97% |
| 1996-12-31 | $373.90 Million | -19.54% |
| 1995-12-31 | $464.70 Million | +17.73% |
| 1994-12-31 | $394.70 Million | +2.28% |
| 1993-12-31 | $385.90 Million | +1.98% |
| 1992-12-31 | $378.40 Million | +3.84% |
| 1991-12-31 | $364.40 Million | -5.20% |
| 1990-12-31 | $384.40 Million | +3.31% |
| 1989-12-31 | $372.10 Million | +12.18% |
| 1988-12-31 | $331.70 Million | +2.69% |
| 1987-12-31 | $323.00 Million | +10.05% |
| 1986-12-31 | $293.50 Million | +19.21% |
| 1985-12-31 | $246.20 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to IMI 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 655.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $829.50 Million | 76.44% |
| Common Stock | $77.10 Million | 7.11% |
| Other Components | $178.50 Million | 16.45% |
| Total Equity | $1.09 Billion | 100.00% |
IMI plc Competitors by Market Cap
The table below lists competitors of IMI plc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
SSAB AB ser. B
HE:SSABBH
|
$6.04 Billion |
|
R1 RCM Inc
NASDAQ:RCM
|
$6.04 Billion |
|
GULF ENERGY DEVELOPMENT-NVDR
BK:GULF-R
|
$6.05 Billion |
|
Commerce Bancshares Inc
NASDAQ:CBSH
|
$6.05 Billion |
|
Jefferies Financial Group Inc
NYSE:JEF
|
$6.04 Billion |
|
The Hanover Insurance Group Inc
NYSE:THG
|
$6.04 Billion |
|
Kingfisher plc
OTCQX:KGFHF
|
$6.03 Billion |
|
Varun Beverages Limited
NSE:VBL
|
$6.03 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in IMI plc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,030,200,000 to 1,085,100,000, a change of 54,900,000 (5.3%).
- Net income of 248,500,000 contributed positively to equity growth.
- Dividend payments of 76,000,000 reduced retained earnings.
- Share repurchases of 100,400,000 reduced equity.
- New share issuances of 3,300,000 increased equity.
- Other comprehensive income decreased equity by 188,600,000.
- Other factors increased equity by 168,100,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $248.50 Million | +22.9% |
| Dividends Paid | $76.00 Million | -7.0% |
| Share Repurchases | $100.40 Million | -9.25% |
| Share Issuances | $3.30 Million | +0.3% |
| Other Comprehensive Income | $-188.60 Million | -17.38% |
| Other Changes | $168.10 Million | +15.49% |
| Total Change | $- | 5.33% |
Book Value vs Market Value Analysis
This analysis compares IMI 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: 5.80x
- 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 23.67x to 5.80x 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 | $1.02 | $24.20 | x |
| 1986-12-31 | $1.12 | $24.20 | x |
| 1987-12-31 | $1.14 | $24.20 | x |
| 1988-12-31 | $1.17 | $24.20 | x |
| 1989-12-31 | $1.32 | $24.20 | x |
| 1990-12-31 | $1.36 | $24.20 | x |
| 1991-12-31 | $1.29 | $24.20 | x |
| 1992-12-31 | $1.34 | $24.20 | x |
| 1993-12-31 | $1.36 | $24.20 | x |
| 1994-12-31 | $1.38 | $24.20 | x |
| 1995-12-31 | $1.60 | $24.20 | x |
| 1996-12-31 | $1.24 | $24.20 | x |
| 1997-12-31 | $1.06 | $24.20 | x |
| 1998-12-31 | $1.33 | $24.20 | x |
| 1999-12-31 | $1.40 | $24.20 | x |
| 2000-12-31 | $1.55 | $24.20 | x |
| 2001-12-31 | $1.60 | $24.20 | x |
| 2002-12-31 | $1.71 | $24.20 | x |
| 2003-12-31 | $1.74 | $24.20 | x |
| 2004-12-31 | $1.77 | $24.20 | x |
| 2005-12-31 | $1.35 | $24.20 | x |
| 2006-12-31 | $1.38 | $24.20 | x |
| 2007-12-31 | $1.40 | $24.20 | x |
| 2008-12-31 | $1.61 | $24.20 | x |
| 2009-12-31 | $1.42 | $24.20 | x |
| 2010-12-31 | $1.86 | $24.20 | x |
| 2011-12-31 | $2.00 | $24.20 | x |
| 2012-12-31 | $2.25 | $24.20 | x |
| 2013-12-31 | $2.15 | $24.20 | x |
| 2014-12-31 | $1.84 | $24.20 | x |
| 2015-12-31 | $2.00 | $24.20 | x |
| 2016-12-31 | $1.99 | $24.20 | x |
| 2017-12-31 | $2.24 | $24.20 | x |
| 2018-12-31 | $2.46 | $24.20 | x |
| 2019-12-31 | $2.62 | $24.20 | x |
| 2020-12-31 | $2.94 | $24.20 | x |
| 2021-12-31 | $2.91 | $24.20 | x |
| 2022-12-31 | $3.49 | $24.20 | x |
| 2023-12-31 | $3.96 | $24.20 | x |
| 2024-12-31 | $4.18 | $24.20 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently IMI 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): 22.90%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 11.24%
- • Asset Turnover: 0.89x
- • Equity Multiplier: 2.30x
- Recent ROE (22.90%) is above the historical average (22.58%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1985 | 15.51% | 4.87% | 1.41x | 2.26x | $13.25 Million |
| 1986 | 17.07% | 6.28% | 1.26x | 2.16x | $20.29 Million |
| 1987 | 19.24% | 7.10% | 1.28x | 2.11x | $29.34 Million |
| 1988 | 22.08% | 7.97% | 1.21x | 2.29x | $39.34 Million |
| 1989 | 21.97% | 7.52% | 1.31x | 2.24x | $44.24 Million |
| 1990 | 16.53% | 6.16% | 1.25x | 2.14x | $25.05 Million |
| 1991 | 13.25% | 4.99% | 1.17x | 2.27x | $11.86 Million |
| 1992 | 11.65% | 4.39% | 1.12x | 2.38x | $6.26 Million |
| 1993 | 11.64% | 4.22% | 1.28x | 2.16x | $6.31 Million |
| 1994 | 4.94% | 1.68% | 1.34x | 2.20x | $-19.97 Million |
| 1995 | 11.68% | 4.11% | 1.34x | 2.12x | $7.83 Million |
| 1996 | 29.07% | 8.26% | 1.58x | 2.22x | $71.31 Million |
| 1997 | 33.37% | 7.57% | 1.50x | 2.94x | $76.06 Million |
| 1998 | 28.57% | 8.04% | 1.65x | 2.16x | $76.05 Million |
| 1999 | 18.48% | 5.28% | 1.17x | 2.98x | $36.39 Million |
| 2000 | 19.93% | 5.87% | 1.17x | 2.91x | $47.29 Million |
| 2001 | 13.14% | 3.93% | 1.21x | 2.77x | $15.43 Million |
| 2002 | 10.49% | 3.44% | 1.27x | 2.40x | $2.61 Million |
| 2003 | 13.16% | 4.51% | 1.26x | 2.31x | $17.06 Million |
| 2004 | -55.28% | -24.58% | 0.91x | 2.48x | $-359.58 Million |
| 2005 | 3.23% | 1.01% | 1.14x | 2.83x | $-28.26 Million |
| 2006 | 17.62% | 4.83% | 1.28x | 2.85x | $31.43 Million |
| 2007 | 28.78% | 7.32% | 1.26x | 3.12x | $76.35 Million |
| 2008 | 24.96% | 5.94% | 1.18x | 3.56x | $67.66 Million |
| 2009 | 32.57% | 7.27% | 1.29x | 3.48x | $90.22 Million |
| 2010 | 42.74% | 11.76% | 1.18x | 3.09x | $172.13 Million |
| 2011 | 35.48% | 9.40% | 1.23x | 3.07x | $143.92 Million |
| 2012 | 33.97% | 9.86% | 1.27x | 2.71x | $152.35 Million |
| 2013 | 37.26% | 12.85% | 1.02x | 2.83x | $163.81 Million |
| 2014 | 131.26% | 39.51% | 1.23x | 2.70x | $617.57 Million |
| 2015 | 23.37% | 8.14% | 1.02x | 2.82x | $72.99 Million |
| 2016 | 24.08% | 7.89% | 1.00x | 3.04x | $76.48 Million |
| 2017 | 26.69% | 9.26% | 1.09x | 2.64x | $101.36 Million |
| 2018 | 25.43% | 8.88% | 1.06x | 2.71x | $102.78 Million |
| 2019 | 21.99% | 8.33% | 1.03x | 2.57x | $85.11 Million |
| 2020 | 21.29% | 9.33% | 0.93x | 2.45x | $90.25 Million |
| 2021 | 25.20% | 10.52% | 0.86x | 2.78x | $118.39 Million |
| 2022 | 24.99% | 11.04% | 0.81x | 2.78x | $135.74 Million |
| 2023 | 23.03% | 10.81% | 0.89x | 2.40x | $134.28 Million |
| 2024 | 22.90% | 11.24% | 0.89x | 2.30x | $139.99 Million |
Industry Comparison
This section compares IMI plc's net assets metrics with peer companies in the Specialty Industrial Machinery industry.
Industry Context
- Industry: Specialty Industrial Machinery
- Average net assets among peers: $45,906,124,380
- Average return on equity (ROE) among peers: -4.83%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| IMI plc (IMIAF) | $1.09 Billion | 15.51% | 1.30x | $6.04 Billion |
| American Commerce Solutions Inc (AACS) | $-139.81K | 0.00% | 0.00x | $38.47K |
| ATI Airtest Technologies Inc (AATGF) | $-5.34 Million | 0.00% | 0.00x | $2.79 Million |
| ABB Turbo Systems AG (ACLIF) | $349.19 Million | 48.71% | 2.53x | $4.32 Billion |
| Agfa-Gevaert NV (AFGVF) | $1.08 Billion | -13.38% | 2.10x | $91.17 Million |
| Alphaform AG (AFRMF) | $6.63 Million | -93.13% | 1.38x | $691.72 |
| Airtificial Intelligence Structures S.A (AITLF) | $-3.46 Million | 0.00% | 0.00x | $53.18 Million |
| Alfa Laval AB (publ) (ALFVF) | $37.38 Billion | 16.94% | 1.20x | $13.09 Billion |
| Amada Co. Ltd (AMDLY) | $417.00 Billion | 2.92% | 0.33x | $3.72 Billion |
| Ametek Inc (AME) | $3.14 Billion | 16.49% | 0.87x | $48.98 Billion |
| American Superconductor Corporation (AMSC) | $115.10 Million | -26.83% | 0.16x | $1.41 Billion |