Pets at Home Group Plc
Pets at Home Group Plc engages in the omnichannel retailing of pet food, pet related products, and pet accessories in the United Kingdom. The company operates through three segments: Retail, Vet Group, and Central. It offers pet grooming services, including various dog groom, bath, microchipping, and nail clipping; pet insurance products; in-store services; and general veterinary care, triage, an… Read more
Pets at Home Group Plc (PHGPY) - Net Assets
Latest net assets as of September 2025: $968.60 Million USD
Based on the latest financial reports, Pets at Home Group Plc (PHGPY) has net assets worth $968.60 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 ($1.68 Billion) and total liabilities ($715.60 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 | $968.60 Million |
| % of Total Assets | 57.51% |
| Annual Growth Rate | 0.42% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 4.29 |
Pets at Home Group Plc - Net Assets Trend (2021–2025)
This chart illustrates how Pets at Home 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 Pets at Home Group Plc (2021–2025)
The table below shows the annual net assets of Pets at Home Group Plc from 2021 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | $993.20 Million | +0.48% |
| 2024-03-31 | $988.50 Million | -3.57% |
| 2023-03-31 | $1.03 Billion | -2.34% |
| 2022-03-31 | $1.05 Billion | +7.50% |
| 2021-03-31 | $976.50 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Pets at Home 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 1.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $1.25 Billion | 125.67% |
| Total Equity | $993.20 Million | 100.00% |
Pets at Home Group Plc Competitors by Market Cap
The table below lists competitors of Pets at Home Group Plc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Cloudwalk Technology Co. Ltd. A
SHG:688327
|
$1.31 Billion |
|
Shandong Hi-speed Co Ltd
SHG:600350
|
$1.31 Billion |
|
Immunocore Holdings Ltd
NASDAQ:IMCR
|
$1.31 Billion |
|
Hedef Holdings AS
IS:HEDEF
|
$1.31 Billion |
|
Farsoon Technology Co. Ltd. A
SHG:688433
|
$1.31 Billion |
|
Perusahaan Gas Negara Persero
JK:PGAS
|
$1.31 Billion |
|
Dynapack International Technology
TWO:3211
|
$1.31 Billion |
|
Fujian Aonong Biological Technology Group Incorporation Ltd
SHG:603363
|
$1.31 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Pets at Home Group Plc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 988,500,000 to 993,200,000, a change of 4,700,000 (0.5%).
- Net income of 88,200,000 contributed positively to equity growth.
- Dividend payments of 59,700,000 reduced retained earnings.
- Share repurchases of 29,000,000 reduced equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $88.20 Million | +8.88% |
| Dividends Paid | $59.70 Million | -6.01% |
| Share Repurchases | $29.00 Million | -2.92% |
| Other Changes | $5.20 Million | +0.52% |
| Total Change | $- | 0.48% |
Book Value vs Market Value Analysis
This analysis compares Pets at Home 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: 4.62x
- 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 5.18x to 4.62x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-03-31 | $1.95 | $10.12 | x |
| 2022-03-31 | $2.10 | $10.12 | x |
| 2023-03-31 | $2.15 | $10.12 | x |
| 2024-03-31 | $2.14 | $10.12 | x |
| 2025-03-31 | $2.19 | $10.12 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Pets at Home 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): 8.88%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.95%
- • Asset Turnover: 0.89x
- • Equity Multiplier: 1.67x
- Recent ROE (8.88%) is below the historical average (9.57%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 9.26% | 7.91% | 0.67x | 1.75x | $-7.25 Million |
| 2022 | 11.86% | 9.45% | 0.75x | 1.68x | $19.53 Million |
| 2023 | 9.82% | 7.17% | 0.76x | 1.80x | $-1.81 Million |
| 2024 | 8.01% | 5.35% | 0.88x | 1.70x | $-19.65 Million |
| 2025 | 8.88% | 5.95% | 0.89x | 1.67x | $-11.12 Million |
Industry Comparison
This section compares Pets at Home Group Plc's net assets metrics with peer companies in the Specialty Retail industry.
Industry Context
- Industry: Specialty Retail
- Average net assets among peers: $866,355,577
- Average return on equity (ROE) among peers: 86.93%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Pets at Home Group Plc (PHGPY) | $968.60 Million | 9.26% | 0.74x | $1.31 Billion |
| Able View Global Inc. Class B Ordinary Shares (ABLV) | $7.74 Million | 76.78% | 1.27x | $8.70 Million |
| Alimentation Couchen Tard Inc A (ANCTF) | $3.22 Billion | 17.81% | 2.28x | $37.28 Billion |
| Arhaus Inc (ARHS) | $3.03 Million | 248.25% | 87.69x | $382.69 Million |
| Arko Corp (ARKO) | $194.89 Million | -22.34% | 8.48x | $238.69 Million |
| Academy Sports Outdoors Inc (ASO) | $857.04 Million | 2.50% | 2.78x | $3.28 Billion |
| BARK, Inc. (BARK) | $203.74 Million | -15.41% | 0.25x | $89.87 Million |
| Build-A-Bear Workshop Inc (BBW) | $88.73 Million | 0.29% | 2.35x | $438.23 Million |
| Bath & Body Works Inc. (BBWI) | $2.27 Billion | 20.34% | 0.80x | $4.13 Billion |
| Best Buy Co. Inc (BBY) | $1.82 Billion | 21.73% | 1.66x | $12.17 Billion |
| Big 5 Sporting Goods Corporation (BGFV) | $3.67 Million | 519.38% | 69.22x | $29.90 Million |