NEXT plc
NEXT plc engages in the retail of clothing, homeware, and beauty products in the United Kingdom, rest of Europe, the Middle East, Asia, and internationally. It operates through NEXT Online, NEXT Retail, NEXT Finance, Total Platform, and Other Business Activities segments. The company offers NEXT branded products; and women's, men's, children's fashion clothing, and accessories; and third-party br… Read more
NEXT plc (NXGPF) - Net Assets
Latest net assets as of July 2025: $1.82 Billion USD
Based on the latest financial reports, NEXT plc (NXGPF) has net assets worth $1.82 Billion USD as of July 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($5.29 Billion) and total liabilities ($3.47 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 | $1.82 Billion |
| % of Total Assets | 34.43% |
| Annual Growth Rate | 6.74% |
| 5-Year Change | 165.44% |
| 10-Year Change | 462.64% |
| Growth Volatility | 40.68 |
NEXT plc - Net Assets Trend (1986–2025)
This chart illustrates how NEXT 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 NEXT plc (1986–2025)
The table below shows the annual net assets of NEXT plc from 1986 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-01-31 | $1.75 Billion | +7.05% |
| 2024-01-31 | $1.64 Billion | +40.66% |
| 2023-01-31 | $1.17 Billion | +15.36% |
| 2022-01-31 | $1.01 Billion | +52.82% |
| 2021-01-31 | $660.90 Million | +49.69% |
| 2020-01-31 | $441.50 Million | +20.56% |
| 2019-01-31 | $366.20 Million | -24.12% |
| 2018-01-31 | $482.60 Million | -5.47% |
| 2017-01-31 | $510.50 Million | +63.73% |
| 2016-01-31 | $311.80 Million | -3.14% |
| 2015-01-31 | $321.90 Million | +12.47% |
| 2014-01-31 | $286.20 Million | +0.21% |
| 2013-01-31 | $285.60 Million | +28.24% |
| 2012-01-31 | $222.70 Million | -4.17% |
| 2011-01-31 | $232.40 Million | +74.21% |
| 2010-01-31 | $133.40 Million | -5.05% |
| 2009-01-31 | $140.50 Million | +247.58% |
| 2008-01-31 | $-95.20 Million | -150.29% |
| 2007-01-31 | $189.30 Million | -26.11% |
| 2006-01-31 | $256.20 Million | -7.34% |
| 2005-01-31 | $276.50 Million | +78.27% |
| 2004-01-31 | $155.10 Million | -43.62% |
| 2003-01-31 | $275.10 Million | -49.70% |
| 2002-01-31 | $546.90 Million | +9.45% |
| 2001-01-31 | $499.70 Million | -17.64% |
| 2000-01-31 | $606.70 Million | +11.77% |
| 1999-01-31 | $542.80 Million | +10.82% |
| 1998-01-31 | $489.80 Million | +16.40% |
| 1997-01-31 | $420.80 Million | +17.15% |
| 1996-01-31 | $359.20 Million | +22.93% |
| 1995-01-31 | $292.20 Million | +19.75% |
| 1994-01-31 | $244.00 Million | +22.86% |
| 1993-01-31 | $198.60 Million | +17.86% |
| 1992-01-31 | $168.50 Million | +5.31% |
| 1991-01-31 | $160.00 Million | -58.41% |
| 1990-01-31 | $384.70 Million | +2.64% |
| 1989-01-31 | $374.80 Million | +67.32% |
| 1988-01-31 | $224.00 Million | +11.94% |
| 1987-01-31 | $200.10 Million | +45.01% |
| 1986-01-31 | $137.99 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to NEXT 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 4112.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (January 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $3.42 Billion | 208.98% |
| Common Stock | $12.40 Million | 0.76% |
| Total Equity | $1.64 Billion | 100.00% |
NEXT plc Competitors by Market Cap
The table below lists competitors of NEXT plc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Carlisle Companies Incorporated
NYSE:CSL
|
$13.88 Billion |
|
Ascendis Pharma AS
NASDAQ:ASND
|
$13.88 Billion |
|
TransUnion
NYSE:TRU
|
$13.91 Billion |
|
Api Group Corp
NYSE:APG
|
$13.93 Billion |
|
Repsol S.A
OTCQX:REPYF
|
$13.85 Billion |
|
Samsung Life
KO:032830
|
$13.84 Billion |
|
Dawning Information Industry Co Ltd
SHG:603019
|
$13.83 Billion |
|
Fortescue Metals Group Ltd
OTCQX:FSUMF
|
$13.82 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in NEXT plc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,511,900,000 to 1,636,300,000, a change of 124,400,000 (8.2%).
- Net income of 736,100,000 contributed positively to equity growth.
- Dividend payments of 257,800,000 reduced retained earnings.
- Share repurchases of 360,200,000 reduced equity.
- Other comprehensive income decreased equity by 4,800,000.
- Other factors increased equity by 60,900,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $736.10 Million | +44.99% |
| Dividends Paid | $257.80 Million | -15.76% |
| Share Repurchases | $360.20 Million | -22.01% |
| Other Comprehensive Income | $-4.80 Million | -0.29% |
| Other Changes | $60.90 Million | +3.72% |
| Total Change | $- | 8.23% |
Book Value vs Market Value Analysis
This analysis compares NEXT 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: 9.47x
- 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 124.59x to 9.47x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1986-01-31 | $1.02 | $126.50 | x |
| 1987-01-31 | $1.02 | $126.50 | x |
| 1988-01-31 | $0.61 | $126.50 | x |
| 1989-01-31 | $1.02 | $126.50 | x |
| 1990-01-31 | $1.04 | $126.50 | x |
| 1991-01-31 | $0.43 | $126.50 | x |
| 1992-01-31 | $0.45 | $126.50 | x |
| 1993-01-31 | $0.54 | $126.50 | x |
| 1994-01-31 | $0.65 | $126.50 | x |
| 1995-01-31 | $0.78 | $126.50 | x |
| 1996-01-31 | $0.96 | $126.50 | x |
| 1997-01-31 | $1.12 | $126.50 | x |
| 1998-01-31 | $1.30 | $126.50 | x |
| 1999-01-31 | $1.47 | $126.50 | x |
| 2000-01-31 | $1.64 | $126.50 | x |
| 2001-01-31 | $1.47 | $126.50 | x |
| 2002-01-31 | $1.65 | $126.50 | x |
| 2003-01-31 | $0.89 | $126.50 | x |
| 2004-01-31 | $0.58 | $126.50 | x |
| 2005-01-31 | $1.07 | $126.50 | x |
| 2006-01-31 | $1.03 | $126.50 | x |
| 2007-01-31 | $0.82 | $126.50 | x |
| 2008-01-31 | $-0.45 | $126.50 | x |
| 2009-01-31 | $0.72 | $126.50 | x |
| 2010-01-31 | $0.68 | $126.50 | x |
| 2011-01-31 | $1.25 | $126.50 | x |
| 2012-01-31 | $1.29 | $126.50 | x |
| 2013-01-31 | $1.75 | $126.50 | x |
| 2014-01-31 | $1.80 | $126.50 | x |
| 2015-01-31 | $2.12 | $126.50 | x |
| 2016-01-31 | $2.07 | $126.50 | x |
| 2017-01-31 | $3.52 | $126.50 | x |
| 2018-01-31 | $3.39 | $126.50 | x |
| 2019-01-31 | $2.69 | $126.50 | x |
| 2020-01-31 | $3.39 | $126.50 | x |
| 2021-01-31 | $5.12 | $126.50 | x |
| 2022-01-31 | $7.81 | $126.50 | x |
| 2023-01-31 | $9.31 | $126.50 | x |
| 2024-01-31 | $12.35 | $126.50 | x |
| 2025-01-31 | $13.36 | $126.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently NEXT 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): 44.99%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 12.03%
- • Asset Turnover: 1.26x
- • Equity Multiplier: 2.98x
- Recent ROE (44.99%) is below the historical average (81.73%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1986 | 10.18% | 9.54% | 0.78x | 1.37x | $248.70K |
| 1987 | 7.34% | 7.68% | 0.48x | 1.97x | $-5.30 Million |
| 1989 | 47.52% | 15.63% | 1.36x | 2.23x | $140.15 Million |
| 1990 | 7.25% | 2.70% | 0.87x | 3.09x | $-10.55 Million |
| 1991 | -280.18% | -50.71% | 0.83x | 6.69x | $-461.09 Million |
| 1992 | 6.81% | 2.47% | 0.91x | 3.04x | $-5.34 Million |
| 1993 | 18.58% | 7.57% | 1.53x | 1.61x | $16.95 Million |
| 1994 | 26.51% | 11.80% | 1.44x | 1.56x | $39.98 Million |
| 1995 | 28.00% | 12.45% | 1.36x | 1.66x | $52.26 Million |
| 1996 | 29.39% | 13.63% | 1.33x | 1.62x | $69.60 Million |
| 1997 | 28.10% | 12.48% | 1.40x | 1.60x | $76.14 Million |
| 1998 | 27.90% | 11.61% | 1.51x | 1.59x | $87.64 Million |
| 1999 | 22.83% | 10.00% | 1.45x | 1.57x | $69.62 Million |
| 2000 | 23.11% | 9.84% | 1.51x | 1.56x | $79.53 Million |
| 2001 | 31.54% | 9.92% | 1.82x | 1.75x | $107.63 Million |
| 2002 | 34.70% | 10.14% | 1.89x | 1.81x | $135.11 Million |
| 2003 | 76.52% | 9.56% | 2.21x | 3.62x | $182.99 Million |
| 2004 | 161.25% | 9.94% | 2.28x | 7.11x | $234.59 Million |
| 2005 | 110.45% | 10.68% | 2.20x | 4.69x | $277.75 Million |
| 2006 | 122.37% | 10.09% | 2.11x | 5.75x | $287.88 Million |
| 2007 | 175.12% | 10.10% | 2.09x | 8.30x | $312.57 Million |
| 2008 | 0.00% | 10.64% | 2.06x | 0.00x | $363.63 Million |
| 2009 | 215.08% | 9.24% | 1.86x | 12.52x | $288.34 Million |
| 2010 | 272.53% | 10.69% | 2.01x | 12.68x | $350.74 Million |
| 2011 | 172.66% | 12.16% | 1.84x | 7.72x | $377.87 Million |
| 2012 | 213.25% | 13.80% | 1.86x | 8.33x | $452.63 Million |
| 2013 | 178.05% | 14.28% | 1.88x | 6.63x | $480.13 Million |
| 2014 | 193.22% | 14.79% | 1.74x | 7.49x | $524.57 Million |
| 2015 | 197.17% | 15.87% | 1.75x | 7.09x | $602.70 Million |
| 2016 | 213.86% | 15.96% | 1.79x | 7.47x | $635.62 Million |
| 2017 | 124.45% | 15.51% | 1.70x | 4.71x | $584.25 Million |
| 2018 | 122.63% | 14.47% | 1.60x | 5.31x | $543.54 Million |
| 2019 | 161.22% | 14.17% | 1.11x | 10.22x | $553.78 Million |
| 2020 | 138.21% | 14.30% | 1.16x | 8.32x | $566.05 Million |
| 2021 | 43.38% | 8.11% | 0.94x | 5.69x | $220.61 Million |
| 2022 | 67.08% | 14.65% | 1.16x | 3.94x | $576.50 Million |
| 2023 | 61.33% | 14.14% | 1.26x | 3.43x | $595.65 Million |
| 2024 | 53.07% | 14.61% | 1.16x | 3.12x | $651.11 Million |
| 2025 | 44.99% | 12.03% | 1.26x | 2.98x | $572.47 Million |
Industry Comparison
This section compares NEXT plc's net assets metrics with peer companies in the Apparel Retail industry.
Industry Context
- Industry: Apparel Retail
- Average net assets among peers: $596,574,747
- Average return on equity (ROE) among peers: 4.25%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| NEXT plc (NXGPF) | $1.82 Billion | 10.18% | 1.90x | $13.87 Billion |
| American Eagle Outfitters Inc (AEO) | $90.81 Million | 21.51% | 0.59x | $2.70 Billion |
| AKA Brands Holding Corp (AKA) | $148.62 Million | -66.54% | 1.43x | $8.64 Million |
| Abercrombie & Fitch Company (ANF) | $1.86 Billion | 6.85% | 0.64x | $3.90 Billion |
| Aritzia Inc (ATZAF) | $112.68 Million | 28.73% | 2.56x | $2.85 Billion |
| Allbirds Inc (BIRD) | $185.33 Million | -82.26% | 0.78x | $17.13 Million |
| Buckle Inc (BKE) | $389.15 Million | 26.84% | 1.23x | $1.53 Billion |
| Boot Barn Holdings Inc (BOOT) | $599.68 Million | 32.09% | 1.00x | $4.86 Billion |
| BrilliA Inc (BRIA) | $6.50 Million | 66.75% | 2.42x | $11.61 Million |
| Burlington Stores Inc (BURL) | $-150.47 Million | 0.00% | 0.00x | $18.67 Billion |
| Boozt AB (publ) (BZTAF) | $2.72 Billion | 8.57% | 1.19x | $605.80 Million |