Pennon Group Plc
Pennon Group Plc provides water and wastewater services in the United Kingdom. The company operates through two segments, Water and Non-Household Retail. Pennon Group Plc was incorporated in 1989 and is based in Exeter, the United Kingdom.
Pennon Group Plc (PEGRF) - Net Assets
Latest net assets as of September 2025: $1.37 Billion USD
Based on the latest financial reports, Pennon Group Plc (PEGRF) has net assets worth $1.37 Billion USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($7.38 Billion) and total liabilities ($6.02 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 | $1.37 Billion |
| % of Total Assets | 18.49% |
| Annual Growth Rate | 6.72% |
| 5-Year Change | -51.4% |
| 10-Year Change | 21.62% |
| Growth Volatility | 37.46 |
Pennon Group Plc - Net Assets Trend (1986–2025)
This chart illustrates how Pennon Group 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 Pennon Group Plc (1986–2025)
The table below shows the annual net assets of Pennon Group Plc from 1986 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | $1.45 Billion | +24.78% |
| 2024-03-31 | $1.16 Billion | +3.32% |
| 2023-03-31 | $1.13 Billion | -11.72% |
| 2022-03-31 | $1.27 Billion | -57.30% |
| 2021-03-31 | $2.98 Billion | +110.88% |
| 2020-03-31 | $1.42 Billion | +2.34% |
| 2019-03-31 | $1.38 Billion | +3.03% |
| 2018-03-31 | $1.34 Billion | +10.54% |
| 2017-03-31 | $1.21 Billion | +1.81% |
| 2016-03-31 | $1.19 Billion | -11.91% |
| 2015-03-31 | $1.35 Billion | +13.07% |
| 2014-03-31 | $1.20 Billion | +11.71% |
| 2013-03-31 | $1.07 Billion | +30.41% |
| 2012-03-31 | $822.10 Million | +5.47% |
| 2011-03-31 | $779.50 Million | +17.59% |
| 2010-03-31 | $662.90 Million | +10.37% |
| 2009-03-31 | $600.60 Million | -6.20% |
| 2008-03-31 | $640.30 Million | +2.09% |
| 2007-03-31 | $627.20 Million | +7.91% |
| 2006-03-31 | $581.20 Million | -18.01% |
| 2005-03-31 | $708.90 Million | -21.20% |
| 2004-03-31 | $899.60 Million | +1.07% |
| 2003-03-31 | $890.10 Million | -8.82% |
| 2002-03-31 | $976.20 Million | +7.38% |
| 2001-03-31 | $909.10 Million | -3.63% |
| 2000-03-31 | $943.30 Million | +5.79% |
| 1999-03-31 | $891.70 Million | +10.26% |
| 1998-03-31 | $808.70 Million | -11.70% |
| 1997-03-31 | $915.90 Million | +9.02% |
| 1996-03-31 | $840.10 Million | -0.50% |
| 1995-03-31 | $844.30 Million | +2.80% |
| 1994-03-31 | $821.30 Million | +5.36% |
| 1993-03-31 | $779.50 Million | +5.59% |
| 1992-03-31 | $738.20 Million | +7.78% |
| 1991-03-31 | $684.90 Million | +8.39% |
| 1990-03-31 | $631.90 Million | +195.00% |
| 1989-03-31 | $214.20 Million | +21.29% |
| 1988-03-31 | $176.60 Million | +23.41% |
| 1987-03-31 | $143.10 Million | +24.43% |
| 1986-03-31 | $115.00 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Pennon Group 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 115.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $248.00 Million | 17.12% |
| Common Stock | $288.10 Million | 19.89% |
| Other Components | $912.10 Million | 62.98% |
| Total Equity | $1.45 Billion | 100.00% |
Pennon Group Plc Competitors by Market Cap
The table below lists competitors of Pennon Group Plc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Ipsen S.A
PINK:IPSEF
|
$2.93 Billion |
|
SIAM CEMENT UNSP.ADS/1
F:TCM
|
$2.93 Billion |
|
Ningbo Ginlong Technologies Co Ltd Class A
SHE:300763
|
$2.93 Billion |
|
KEI Industries Limited
NSE:KEI
|
$2.93 Billion |
|
Eutelsat Group
LSE:ETL
|
$2.93 Billion |
|
Rayonier Inc
NYSE:RYN
|
$2.92 Billion |
|
Olympic Circuit Technology Co Ltd
SHG:603920
|
$2.92 Billion |
|
Hyosung Heavy Industries Corp
KO:298040
|
$2.92 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Pennon Group Plc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,161,200,000 to 1,448,200,000, a change of 287,000,000 (24.7%).
- Net loss of 57,900,000 reduced equity.
- Dividend payments of 126,900,000 reduced retained earnings.
- New share issuances of 489,800,000 increased equity.
- Other comprehensive income decreased equity by 183,700,000.
- Other factors increased equity by 165,700,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-57.90 Million | -4.0% |
| Dividends Paid | $126.90 Million | -8.76% |
| Share Issuances | $489.80 Million | +33.82% |
| Other Comprehensive Income | $-183.70 Million | -12.68% |
| Other Changes | $165.70 Million | +11.44% |
| Total Change | $- | 24.72% |
Book Value vs Market Value Analysis
This analysis compares Pennon Group 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: 1.23x
- 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 12.06x to 1.23x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1986-03-31 | $0.52 | $6.24 | x |
| 1987-03-31 | $0.64 | $6.24 | x |
| 1988-03-31 | $0.79 | $6.24 | x |
| 1989-03-31 | $0.96 | $6.24 | x |
| 1990-03-31 | $2.84 | $6.24 | x |
| 1991-03-31 | $3.08 | $6.24 | x |
| 1992-03-31 | $3.31 | $6.24 | x |
| 1993-03-31 | $3.46 | $6.24 | x |
| 1994-03-31 | $3.60 | $6.24 | x |
| 1995-03-31 | $3.69 | $6.24 | x |
| 1996-03-31 | $3.64 | $6.24 | x |
| 1997-03-31 | $3.92 | $6.24 | x |
| 1998-03-31 | $3.39 | $6.24 | x |
| 1999-03-31 | $3.65 | $6.24 | x |
| 2000-03-31 | $3.80 | $6.24 | x |
| 2001-03-31 | $3.66 | $6.24 | x |
| 2002-03-31 | $3.92 | $6.24 | x |
| 2003-03-31 | $3.79 | $6.24 | x |
| 2004-03-31 | $3.98 | $6.24 | x |
| 2005-03-31 | $3.07 | $6.24 | x |
| 2006-03-31 | $2.26 | $6.24 | x |
| 2007-03-31 | $2.63 | $6.24 | x |
| 2008-03-31 | $2.73 | $6.24 | x |
| 2009-03-31 | $2.58 | $6.24 | x |
| 2010-03-31 | $2.83 | $6.24 | x |
| 2011-03-31 | $3.28 | $6.24 | x |
| 2012-03-31 | $3.42 | $6.24 | x |
| 2013-03-31 | $4.40 | $6.24 | x |
| 2014-03-31 | $4.87 | $6.24 | x |
| 2015-03-31 | $5.17 | $6.24 | x |
| 2016-03-31 | $4.34 | $6.24 | x |
| 2017-03-31 | $4.39 | $6.24 | x |
| 2018-03-31 | $4.80 | $6.24 | x |
| 2019-03-31 | $4.92 | $6.24 | x |
| 2020-03-31 | $5.03 | $6.24 | x |
| 2021-03-31 | $10.59 | $6.24 | x |
| 2022-03-31 | $4.06 | $6.24 | x |
| 2023-03-31 | $4.28 | $6.24 | x |
| 2024-03-31 | $4.36 | $6.24 | x |
| 2025-03-31 | $5.07 | $6.24 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Pennon Group 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): -4.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -5.53%
- • Asset Turnover: 0.15x
- • Equity Multiplier: 4.87x
- Recent ROE (-4.00%) is below the historical average (10.85%), 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 | 20.78% | 28.69% | 0.29x | 2.46x | $12.40 Million |
| 1987 | 19.64% | 31.22% | 0.29x | 2.16x | $13.79 Million |
| 1988 | 18.97% | 34.90% | 0.28x | 1.94x | $15.84 Million |
| 1989 | 17.55% | 35.37% | 0.28x | 1.76x | $16.18 Million |
| 1990 | 5.82% | 30.41% | 0.17x | 1.11x | $-26.39 Million |
| 1991 | 11.74% | 55.91% | 0.16x | 1.34x | $11.91 Million |
| 1992 | 10.99% | 48.71% | 0.14x | 1.64x | $7.28 Million |
| 1993 | 10.80% | 43.31% | 0.14x | 1.79x | $6.25 Million |
| 1994 | 10.46% | 34.14% | 0.16x | 1.96x | $3.77 Million |
| 1995 | 6.51% | 19.22% | 0.17x | 2.00x | $-29.43 Million |
| 1996 | 11.76% | 31.42% | 0.20x | 1.89x | $14.79 Million |
| 1997 | 12.92% | 34.43% | 0.20x | 1.84x | $26.71 Million |
| 1998 | -1.29% | -2.72% | 0.22x | 2.18x | $-91.27 Million |
| 1999 | 12.24% | 24.96% | 0.24x | 2.06x | $19.93 Million |
| 2000 | 12.36% | 24.97% | 0.25x | 2.01x | $22.27 Million |
| 2001 | 6.23% | 13.01% | 0.20x | 2.36x | $-34.31 Million |
| 2002 | 7.59% | 17.48% | 0.18x | 2.36x | $-23.52 Million |
| 2003 | 6.42% | 13.69% | 0.18x | 2.66x | $-31.91 Million |
| 2004 | 6.84% | 13.05% | 0.18x | 2.85x | $-28.46 Million |
| 2005 | 9.25% | 11.90% | 0.20x | 3.81x | $-5.29 Million |
| 2006 | 6.50% | 5.85% | 0.24x | 4.70x | $-20.32 Million |
| 2007 | 14.97% | 12.55% | 0.25x | 4.76x | $31.18 Million |
| 2008 | 20.87% | 15.27% | 0.25x | 5.41x | $69.57 Million |
| 2009 | 14.95% | 9.37% | 0.27x | 5.95x | $29.74 Million |
| 2010 | 21.35% | 13.24% | 0.27x | 5.86x | $75.21 Million |
| 2011 | 22.01% | 14.80% | 0.28x | 5.31x | $93.65 Million |
| 2012 | 20.97% | 13.98% | 0.29x | 5.20x | $90.19 Million |
| 2013 | 1.92% | 1.72% | 0.25x | 4.45x | $-86.61 Million |
| 2014 | 11.90% | 10.79% | 0.27x | 4.16x | $22.74 Million |
| 2015 | 9.33% | 9.31% | 0.25x | 3.99x | $-9.11 Million |
| 2016 | 12.75% | 11.25% | 0.24x | 4.78x | $32.82 Million |
| 2017 | 13.53% | 12.14% | 0.23x | 4.90x | $42.86 Million |
| 2018 | 14.96% | 14.40% | 0.23x | 4.60x | $66.51 Million |
| 2019 | 16.75% | 36.60% | 0.10x | 4.67x | $93.31 Million |
| 2020 | 14.65% | 32.57% | 0.09x | 4.78x | $65.87 Million |
| 2021 | 2.66% | 12.74% | 0.10x | 2.15x | $-218.99 Million |
| 2022 | 1.21% | 1.94% | 0.15x | 4.19x | $-112.05 Million |
| 2023 | 0.01% | 0.01% | 0.15x | 4.61x | $-112.38 Million |
| 2024 | -0.82% | -1.05% | 0.15x | 5.37x | $-125.62 Million |
| 2025 | -4.00% | -5.53% | 0.15x | 4.87x | $-202.72 Million |
Industry Comparison
This section compares Pennon Group Plc's net assets metrics with peer companies in the Utilities - Regulated Water industry.
Industry Context
- Industry: Utilities - Regulated Water
- Average net assets among peers: $3,225,632,883
- Average return on equity (ROE) among peers: -36.40%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Pennon Group Plc (PEGRF) | $1.37 Billion | 20.78% | 4.41x | $2.93 Billion |
| American Energy Partners Inc (AEPT) | $2.39 Million | -209.56% | 6.60x | $150.58K |
| Aris Water Solutions Inc (ARIS) | $16.05 Million | -4.69% | 1.06x | $588.71 Million |
| Artesian Resources Corporation (ARTNA) | $139.02 Million | 9.32% | 2.24x | $297.85 Million |
| SIIC Environment Holdings Ltd (AWAEF) | $15.29 Billion | 3.95% | 1.79x | $59.96 Million |
| American Water Works (AWK) | $364.50 Million | 12.87% | 2.79x | $26.06 Billion |
| Beijing Enterprises Water Group Limited (BJWTY) | $15.92 Billion | 6.81% | 1.77x | $3.33 Billion |
| Cadiz Inc (CDZI) | $18.97 Million | -121.40% | 1.43x | $288.72 Million |
| Clean Teq Water Ltd (CNQQF) | $3.98 Million | -76.35% | 2.11x | $9.48 Million |
| Consolidated Water Co Ltd (CWCO) | $107.34 Million | 7.01% | 0.29x | $516.89 Million |
| California Water Service Group (CWT) | $389.18 Million | 8.01% | 2.04x | $2.66 Billion |