Marston's PLC
Marston's PLC operates managed, franchised, tenanted, partnership, and leased pubs in the United Kingdom. The company is involved in the property management, telecommunications, and insurance related businesses. Marston's PLC was formerly known as The Wolverhampton & Dudley Breweries PLC and changed its name to Marston's PLC in January 2007. The company was founded in 1834 and is based in Wolverh… Read more
Marston's PLC (MRTPY) - Net Assets
Latest net assets as of September 2025: $790.70 Million USD
Based on the latest financial reports, Marston's PLC (MRTPY) has net assets worth $790.70 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 ($2.32 Billion) and total liabilities ($1.53 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 | $790.70 Million |
| % of Total Assets | 34.14% |
| Annual Growth Rate | 3.93% |
| 5-Year Change | 94.56% |
| 10-Year Change | 5.13% |
| Growth Volatility | 21.69 |
Marston's PLC - Net Assets Trend (1986–2025)
This chart illustrates how Marston's 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 Marston's PLC (1986–2025)
The table below shows the annual net assets of Marston's PLC from 1986 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-09-30 | $790.70 Million | +20.75% |
| 2024-09-30 | $654.80 Million | +2.30% |
| 2023-09-30 | $640.10 Million | -1.23% |
| 2022-09-30 | $648.10 Million | +59.47% |
| 2021-09-30 | $406.40 Million | +63.28% |
| 2020-09-30 | $248.90 Million | -67.85% |
| 2019-09-30 | $774.20 Million | -19.15% |
| 2018-09-30 | $957.60 Million | +2.81% |
| 2017-09-30 | $931.40 Million | +23.84% |
| 2016-09-30 | $752.10 Million | -3.93% |
| 2015-09-30 | $782.90 Million | +3.15% |
| 2014-09-30 | $759.00 Million | -9.85% |
| 2013-09-30 | $841.90 Million | +10.49% |
| 2012-09-30 | $762.00 Million | -6.80% |
| 2011-09-30 | $817.60 Million | +4.75% |
| 2010-09-30 | $780.50 Million | -0.34% |
| 2009-09-30 | $783.20 Million | +10.79% |
| 2008-09-30 | $706.90 Million | -5.56% |
| 2007-09-30 | $748.50 Million | +14.59% |
| 2006-09-30 | $653.20 Million | +0.37% |
| 2005-09-30 | $650.80 Million | +0.39% |
| 2004-09-30 | $648.30 Million | +41.64% |
| 2003-09-30 | $457.70 Million | +1.73% |
| 2002-09-30 | $449.90 Million | -18.14% |
| 2001-09-30 | $549.60 Million | -6.78% |
| 2000-09-30 | $589.60 Million | +23.17% |
| 1999-09-30 | $478.70 Million | +22.62% |
| 1998-09-30 | $390.40 Million | -8.27% |
| 1997-09-30 | $425.60 Million | +4.66% |
| 1996-09-30 | $406.64 Million | +2.63% |
| 1995-09-30 | $396.23 Million | +5.73% |
| 1994-09-30 | $374.74 Million | -2.39% |
| 1993-09-30 | $383.91 Million | +5.14% |
| 1992-09-30 | $365.16 Million | +5.15% |
| 1991-09-30 | $347.28 Million | +47.78% |
| 1990-09-30 | $235.00 Million | +8.34% |
| 1989-09-30 | $216.92 Million | +7.62% |
| 1988-09-30 | $201.55 Million | +7.07% |
| 1987-09-30 | $188.24 Million | +7.14% |
| 1986-09-30 | $175.69 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Marston's 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 5760000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (September 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $57.60 Million | 7.28% |
| Common Stock | $48.70 Million | 6.16% |
| Other Comprehensive Income | $-37.02 Million | -4.68% |
| Other Components | $721.42 Million | 91.24% |
| Total Equity | $790.70 Million | 100.00% |
Marston's PLC Competitors by Market Cap
The table below lists competitors of Marston's PLC ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Bloomberry Resorts Corporation
PINK:BLBRF
|
$522.71 Million |
|
Smith & Wesson Brands Inc
NASDAQ:SWBI
|
$522.80 Million |
|
Xuchang Yuandong Drive Shaft Co Ltd
SHE:002406
|
$522.94 Million |
|
TES Co. Ltd
KQ:095610
|
$523.03 Million |
|
Shanxi Blue Flame Holding Co Ltd
SHE:000968
|
$522.36 Million |
|
LS Materials
KQ:417200
|
$522.32 Million |
|
Nexa Resources SA
NYSE:NEXA
|
$522.11 Million |
|
Systex Corp
TW:6214
|
$521.95 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Marston's PLC's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 654,800,000 to 790,700,000, a change of 135,900,000 (20.8%).
- Net income of 71,600,000 contributed positively to equity growth.
- Share repurchases of 1,044,482 reduced equity.
- New share issuances of 100,000 increased equity.
- Other comprehensive income decreased equity by 434,621,874.
- Other factors increased equity by 499,866,356.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $71.60 Million | +9.06% |
| Share Repurchases | $1.04 Million | -0.13% |
| Share Issuances | $100.00K | +0.01% |
| Other Comprehensive Income | $-434.62 Million | -54.97% |
| Other Changes | $499.87 Million | +63.22% |
| Total Change | $- | 20.75% |
Book Value vs Market Value Analysis
This analysis compares Marston's 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: 0.36x
- 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 4.78x to 0.36x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1985-09-30 | $0.93 | $4.43 | x |
| 1986-09-30 | $3.01 | $4.43 | x |
| 1987-09-30 | $3.22 | $4.43 | x |
| 1988-09-30 | $3.45 | $4.43 | x |
| 1989-09-30 | $3.71 | $4.43 | x |
| 1990-09-30 | $4.02 | $4.43 | x |
| 1991-09-30 | $5.95 | $4.43 | x |
| 1992-09-30 | $6.25 | $4.43 | x |
| 1993-09-30 | $6.57 | $4.43 | x |
| 1994-09-30 | $6.42 | $4.43 | x |
| 1995-09-30 | $6.78 | $4.43 | x |
| 1996-09-30 | $6.96 | $4.43 | x |
| 1997-09-30 | $7.29 | $4.43 | x |
| 1998-09-30 | $6.68 | $4.43 | x |
| 1999-09-30 | $8.19 | $4.43 | x |
| 2000-09-30 | $10.10 | $4.43 | x |
| 2001-09-30 | $9.41 | $4.43 | x |
| 2002-09-30 | $7.70 | $4.43 | x |
| 2003-09-30 | $7.84 | $4.43 | x |
| 2004-09-30 | $11.10 | $4.43 | x |
| 2005-09-30 | $11.11 | $4.43 | x |
| 2006-09-30 | $11.19 | $4.43 | x |
| 2007-09-30 | $12.82 | $4.43 | x |
| 2008-09-30 | $12.11 | $4.43 | x |
| 2009-09-30 | $13.41 | $4.43 | x |
| 2010-09-30 | $13.37 | $4.43 | x |
| 2011-09-30 | $14.00 | $4.43 | x |
| 2012-09-30 | $13.05 | $4.43 | x |
| 2013-09-30 | $14.42 | $4.43 | x |
| 2014-09-30 | $13.00 | $4.43 | x |
| 2015-09-30 | $13.41 | $4.43 | x |
| 2016-09-30 | $12.88 | $4.43 | x |
| 2017-09-30 | $15.48 | $4.43 | x |
| 2018-09-30 | $14.97 | $4.43 | x |
| 2019-09-30 | $12.24 | $4.43 | x |
| 2020-09-30 | $3.93 | $4.43 | x |
| 2021-09-30 | $6.42 | $4.43 | x |
| 2022-09-30 | $10.09 | $4.43 | x |
| 2023-09-30 | $10.11 | $4.43 | x |
| 2024-09-30 | $10.34 | $4.43 | x |
| 2025-09-30 | $12.26 | $4.43 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Marston's 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): 9.06%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.97%
- • Asset Turnover: 0.39x
- • Equity Multiplier: 2.93x
- Recent ROE (9.06%) is above the historical average (0.97%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1986 | 7.71% | 11.98% | 0.51x | 1.25x | $-4.02 Million |
| 1987 | 8.65% | 13.20% | 0.52x | 1.26x | $-2.54 Million |
| 1988 | 8.65% | 12.33% | 0.53x | 1.33x | $-2.72 Million |
| 1989 | 9.30% | 12.75% | 0.55x | 1.33x | $-1.52 Million |
| 1990 | 10.19% | 13.96% | 0.55x | 1.34x | $436.60K |
| 1991 | 6.79% | 12.56% | 0.43x | 1.25x | $-11.16 Million |
| 1992 | 6.71% | 11.69% | 0.44x | 1.32x | $-12.00 Million |
| 1993 | 6.63% | 11.38% | 0.44x | 1.31x | $-12.95 Million |
| 1994 | 6.90% | 11.17% | 0.47x | 1.32x | $-11.61 Million |
| 1995 | 7.67% | 12.80% | 0.48x | 1.24x | $-9.25 Million |
| 1996 | 7.53% | 12.26% | 0.45x | 1.36x | $-10.04 Million |
| 1997 | 6.96% | 10.74% | 0.45x | 1.44x | $-12.95 Million |
| 1998 | 8.17% | 11.17% | 0.46x | 1.59x | $-7.13 Million |
| 1999 | -0.82% | -0.94% | 0.40x | 2.15x | $-51.74 Million |
| 2000 | 2.12% | 2.09% | 0.46x | 2.20x | $-46.45 Million |
| 2001 | -0.58% | -0.57% | 0.47x | 2.17x | $-58.15 Million |
| 2002 | 9.27% | 8.25% | 0.46x | 2.45x | $-3.29 Million |
| 2003 | 8.41% | 7.85% | 0.45x | 2.37x | $-7.27 Million |
| 2004 | 7.47% | 9.42% | 0.37x | 2.14x | $-16.43 Million |
| 2005 | 6.03% | 7.03% | 0.29x | 2.93x | $-25.78 Million |
| 2006 | 11.22% | 12.31% | 0.30x | 3.02x | $7.98 Million |
| 2007 | 11.00% | 12.61% | 0.28x | 3.16x | $7.45 Million |
| 2008 | 8.74% | 9.28% | 0.27x | 3.49x | $-8.89 Million |
| 2009 | 2.09% | 2.54% | 0.27x | 3.10x | $-61.92 Million |
| 2010 | 6.09% | 7.30% | 0.27x | 3.10x | $-30.55 Million |
| 2011 | 8.41% | 10.09% | 0.27x | 3.06x | $-12.96 Million |
| 2012 | -14.48% | -15.33% | 0.28x | 3.32x | $-186.50 Million |
| 2013 | 6.96% | 7.48% | 0.30x | 3.12x | $-25.59 Million |
| 2014 | -6.68% | -6.22% | 0.31x | 3.46x | $-126.60 Million |
| 2015 | 2.98% | 2.65% | 0.32x | 3.50x | $-54.99 Million |
| 2016 | 9.71% | 7.79% | 0.34x | 3.72x | $-2.21 Million |
| 2017 | 9.09% | 8.38% | 0.34x | 3.22x | $-8.44 Million |
| 2018 | 4.70% | 3.94% | 0.37x | 3.18x | $-50.76 Million |
| 2019 | -4.83% | -4.77% | 0.28x | 3.64x | $-114.82 Million |
| 2020 | -144.48% | -69.76% | 0.20x | 10.17x | $-384.49 Million |
| 2021 | -31.42% | -31.79% | 0.16x | 6.07x | $-168.34 Million |
| 2022 | 21.17% | 17.16% | 0.32x | 3.89x | $72.39 Million |
| 2023 | -1.45% | -1.07% | 0.36x | 3.83x | $-73.31 Million |
| 2024 | -2.83% | -2.06% | 0.41x | 3.38x | $-83.98 Million |
| 2025 | 9.06% | 7.97% | 0.39x | 2.93x | $-7.47 Million |
Industry Comparison
This section compares Marston's PLC's net assets metrics with peer companies in the Restaurants industry.
Industry Context
- Industry: Restaurants
- Average net assets among peers: $1,100,683,888
- Average return on equity (ROE) among peers: -9.48%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Marston's PLC (MRTPY) | $790.70 Million | 7.71% | 1.93x | $522.69 Million |
| Alsea S.A.B. de C.V (ALSSF) | $9.60 Billion | 31.08% | 7.07x | $902.51 Million |
| Arcos Dorados Holdings Inc (ARCO) | $695.30 Million | 7.75% | 2.14x | $952.86 Million |
| AmRest Holdings SE (ARHOF) | $264.70 Million | -68.76% | 6.99x | $477.90 Million |
| Ark Restaurants Corp (ARKR) | $7.80 Million | -3.85% | 0.72x | $10.36 Million |
| Big Buck Brewery & Steakhouse Inc (BBUCQ) | $5.62 Million | -39.20% | 3.43x | $1.94 |
| Flanigans Enterprises Inc (BDL) | $7.67 Million | 17.79% | 0.46x | $18.25 Million |
| Bagger Dave's Burger Tavern Inc (BDVB) | $2.41 Million | -143.08% | 1.53x | $654.12K |
| BurgerFi International, Inc. (BFICQ) | $78.95 Million | -131.01% | 2.51x | $1.57K |
| Biglari Holdings Inc (BH-A) | $1.80 Million | 233.33% | 36.28x | $310.04 Million |
| BJs Restaurants Inc (BJRI) | $345.51 Million | 1.18% | 2.51x | $663.68 Million |