Pendragon PLC
Pinewood Technologies Group PLC operates as a cloud-based dealer management software provider that offers software solutions to the automotive industry in the United Kingdom and internationally. It offers end-to-end solution that empowers vehicle retailers with efficient business processes. The company was formerly known as Pendragon PLC and changed its name to Pinewood Technologies Group PLC in … Read more
Pendragon PLC (PDGNF) - Net Assets
Latest net assets as of June 2024: $37.00 Million USD
Based on the latest financial reports, Pendragon PLC (PDGNF) has net assets worth $37.00 Million USD as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($56.30 Million) and total liabilities ($19.30 Million). 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 | $37.00 Million |
| % of Total Assets | 65.72% |
| Annual Growth Rate | -1.11% |
| 5-Year Change | 113.97% |
| 10-Year Change | N/A |
| Growth Volatility | 37.22 |
Pendragon PLC - Net Assets Trend (2015–2023)
This chart illustrates how Pendragon 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 Pendragon PLC (2015–2023)
The table below shows the annual net assets of Pendragon PLC from 2015 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $361.40 Million | +28.61% |
| 2022-12-31 | $281.00 Million | +24.56% |
| 2021-12-31 | $225.60 Million | +78.06% |
| 2020-12-31 | $126.70 Million | -24.99% |
| 2019-12-31 | $168.90 Million | -51.13% |
| 2018-12-31 | $345.60 Million | -18.76% |
| 2017-12-31 | $425.40 Million | +14.11% |
| 2016-12-31 | $372.80 Million | -5.64% |
| 2015-12-31 | $395.10 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Pendragon 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 decreased by 10.4% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $224.40 Million | 62.26% |
| Common Stock | $73.20 Million | 20.31% |
| Other Comprehensive Income | $6.00 Million | 1.66% |
| Other Components | $56.80 Million | 15.76% |
| Total Equity | $360.40 Million | 100.00% |
Pendragon PLC Competitors by Market Cap
The table below lists competitors of Pendragon PLC ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Kiler Gayrimenkul Yatirim Ortakligi AS
IS:KLGYO
|
$212.57 Million |
|
NanoXplore Inc
OTCQX:NNXPF
|
$212.59 Million |
|
ioneer Ltd
PINK:GSCCF
|
$212.63 Million |
|
Lagardere SA
PINK:LGDDF
|
$212.67 Million |
|
Newlake Capital Partners Inc
OTCQX:NLCP
|
$212.55 Million |
|
Ningbo Fujia Industrial Co Ltd
SHG:603219
|
$212.54 Million |
|
AMC Networks Inc
NASDAQ:AMCX
|
$212.42 Million |
|
Zignago Vetro S.p.A.
LSE:0NNC
|
$212.35 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Pendragon PLC's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 281,000,000 to 360,400,000, a change of 79,400,000 (28.3%).
- Net income of 37,938,588 contributed positively to equity growth.
- Other comprehensive income decreased equity by 12,700,000.
- Other factors increased equity by 54,161,412.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $37.94 Million | +10.53% |
| Other Comprehensive Income | $-12.70 Million | -3.52% |
| Other Changes | $54.16 Million | +15.03% |
| Total Change | $- | 28.26% |
Book Value vs Market Value Analysis
This analysis compares Pendragon 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: 0.87x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | $5.11 | $4.49 | x |
| 2017-12-31 | $5.97 | $4.49 | x |
| 2018-12-31 | $4.92 | $4.49 | x |
| 2019-12-31 | $2.43 | $4.49 | x |
| 2020-12-31 | $1.82 | $4.49 | x |
| 2021-12-31 | $3.19 | $4.49 | x |
| 2022-12-31 | $3.89 | $4.49 | x |
| 2023-12-31 | $5.16 | $4.49 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Pendragon 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): 10.53%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 167.76%
- • Asset Turnover: 0.05x
- • Equity Multiplier: 1.34x
- Recent ROE (10.53%) is above the historical average (-2.11%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 18.45% | 1.64% | 2.41x | 4.68x | $33.39 Million |
| 2016 | 14.89% | 1.22% | 2.41x | 5.04x | $18.22 Million |
| 2017 | 12.53% | 1.23% | 2.10x | 4.85x | $10.76 Million |
| 2018 | -15.39% | -1.28% | 2.06x | 5.84x | $-87.76 Million |
| 2019 | -89.05% | -3.68% | 2.04x | 11.85x | $-167.29 Million |
| 2020 | -14.36% | -0.66% | 1.68x | 13.02x | $-30.87 Million |
| 2021 | 27.26% | 1.80% | 2.24x | 6.78x | $38.94 Million |
| 2022 | 16.19% | 1.26% | 2.24x | 5.76x | $17.40 Million |
| 2023 | 10.53% | 167.76% | 0.05x | 1.34x | $1.90 Million |
Industry Comparison
This section compares Pendragon 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 |
|---|---|---|---|---|
| Pendragon PLC (PDGNF) | $37.00 Million | 18.45% | 0.52x | $212.56 Million |
| 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 |