Persimmon Plc
Persimmon Plc, together with its subsidiaries, operates as a house builder in the United Kingdom. The company offers family housing under the Persimmon Homes brand name; housing under the Charles Church brand name; and social housing under the Westbury Partnerships brand name. It also provides broadband services under the FibreNest brand; and timber frame, insulated wall panels, and roof cassette… Read more
Persimmon Plc (PSMMY) - Net Assets
Latest net assets as of June 2025: $3.48 Billion USD
Based on the latest financial reports, Persimmon Plc (PSMMY) has net assets worth $3.48 Billion USD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($4.99 Billion) and total liabilities ($1.51 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 | $3.48 Billion |
| % of Total Assets | 69.81% |
| Annual Growth Rate | 16.55% |
| 5-Year Change | -0.34% |
| 10-Year Change | 42.79% |
| Growth Volatility | 30.25 |
Persimmon Plc - Net Assets Trend (1985–2024)
This chart illustrates how Persimmon 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 Persimmon Plc (1985–2024)
The table below shows the annual net assets of Persimmon Plc from 1985 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $3.51 Billion | +2.58% |
| 2023-12-31 | $3.42 Billion | -0.60% |
| 2022-12-31 | $3.44 Billion | -5.13% |
| 2021-12-31 | $3.63 Billion | +3.04% |
| 2020-12-31 | $3.52 Billion | +7.98% |
| 2019-12-31 | $3.26 Billion | +2.00% |
| 2018-12-31 | $3.19 Billion | -0.22% |
| 2017-12-31 | $3.20 Billion | +16.96% |
| 2016-12-31 | $2.74 Billion | +11.47% |
| 2015-12-31 | $2.46 Billion | +12.00% |
| 2014-12-31 | $2.19 Billion | +7.19% |
| 2013-12-31 | $2.05 Billion | +2.60% |
| 2012-12-31 | $1.99 Billion | +8.39% |
| 2011-12-31 | $1.84 Billion | +5.46% |
| 2010-12-31 | $1.74 Billion | +7.44% |
| 2009-12-31 | $1.62 Billion | +4.37% |
| 2008-12-31 | $1.56 Billion | -33.69% |
| 2007-12-31 | $2.35 Billion | +15.46% |
| 2006-12-31 | $2.03 Billion | +20.05% |
| 2005-12-31 | $1.69 Billion | +20.38% |
| 2004-12-31 | $1.41 Billion | +24.80% |
| 2003-12-31 | $1.13 Billion | +20.20% |
| 2002-12-31 | $937.00 Million | +18.09% |
| 2001-12-31 | $793.47 Million | +89.09% |
| 2000-12-31 | $419.63 Million | +15.39% |
| 1999-12-31 | $363.68 Million | +13.38% |
| 1998-12-31 | $320.75 Million | +9.31% |
| 1997-12-31 | $293.43 Million | +8.86% |
| 1996-12-31 | $269.55 Million | +33.62% |
| 1995-12-31 | $201.72 Million | +2.73% |
| 1994-12-31 | $196.36 Million | +35.80% |
| 1993-12-31 | $144.59 Million | +13.00% |
| 1992-12-31 | $127.96 Million | -1.37% |
| 1991-12-31 | $129.74 Million | +45.00% |
| 1990-12-31 | $89.47 Million | +17.52% |
| 1989-12-31 | $76.14 Million | +26.81% |
| 1988-12-31 | $60.04 Million | +140.20% |
| 1987-12-31 | $25.00 Million | +36.87% |
| 1986-12-31 | $18.26 Million | +104.64% |
| 1985-12-31 | $8.92 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Persimmon 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 79350.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $2.94 Billion | 83.72% |
| Common Stock | $32.00 Million | 0.91% |
| Other Comprehensive Income | $513.30 Million | 14.64% |
| Other Components | $25.60 Million | 0.73% |
| Total Equity | $3.51 Billion | 100.00% |
Persimmon Plc Competitors by Market Cap
The table below lists competitors of Persimmon Plc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Ming Yang Smart Energy Group Ltd
SHG:601615
|
$5.28 Billion |
|
Grupo Aval
NYSE:AVAL
|
$5.28 Billion |
|
AVIC Jonhon Optronic Technology Co Ltd
SHE:002179
|
$5.29 Billion |
|
Black Hills Corporation
NYSE:BKH
|
$5.29 Billion |
|
Getlink SE
OTCGREY:GRPTF
|
$5.28 Billion |
|
Mohawk Industries Inc
NYSE:MHK
|
$5.28 Billion |
|
Torrent Pharmaceuticals Limited
NSE:TORNTPHARM
|
$5.27 Billion |
|
Granite Construction Incorporated
NYSE:GVA
|
$5.27 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Persimmon Plc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,418,500,000 to 3,506,600,000, a change of 88,100,000 (2.6%).
- Net income of 267,100,000 contributed positively to equity growth.
- Dividend payments of 191,800,000 reduced retained earnings.
- Share repurchases of 200,000 reduced equity.
- New share issuances of 100,000 increased equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $267.10 Million | +7.62% |
| Dividends Paid | $191.80 Million | -5.47% |
| Share Repurchases | $200.00K | -0.01% |
| Share Issuances | $100.00K | +0.0% |
| Other Changes | $12.90 Million | +0.37% |
| Total Change | $- | 2.58% |
Book Value vs Market Value Analysis
This analysis compares Persimmon 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: 1.42x
- 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 88.36x to 1.42x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1985-12-31 | $0.35 | $30.72 | x |
| 1986-12-31 | $0.63 | $30.72 | x |
| 1987-12-31 | $1.25 | $30.72 | x |
| 1988-12-31 | $1.68 | $30.72 | x |
| 1989-12-31 | $1.93 | $30.72 | x |
| 1990-12-31 | $2.21 | $30.72 | x |
| 1991-12-31 | $2.88 | $30.72 | x |
| 1992-12-31 | $2.70 | $30.72 | x |
| 1993-12-31 | $2.93 | $30.72 | x |
| 1994-12-31 | $3.42 | $30.72 | x |
| 1995-12-31 | $3.38 | $30.72 | x |
| 1996-12-31 | $3.30 | $30.72 | x |
| 1997-12-31 | $3.30 | $30.72 | x |
| 1998-12-31 | $3.59 | $30.72 | x |
| 1999-12-31 | $4.02 | $30.72 | x |
| 2000-12-31 | $4.59 | $30.72 | x |
| 2001-12-31 | $6.21 | $30.72 | x |
| 2002-12-31 | $6.63 | $30.72 | x |
| 2003-12-31 | $7.91 | $30.72 | x |
| 2004-12-31 | $9.77 | $30.72 | x |
| 2005-12-31 | $11.58 | $30.72 | x |
| 2006-12-31 | $13.64 | $30.72 | x |
| 2007-12-31 | $15.52 | $30.72 | x |
| 2008-12-31 | $10.37 | $30.72 | x |
| 2009-12-31 | $10.75 | $30.72 | x |
| 2010-12-31 | $11.52 | $30.72 | x |
| 2011-12-31 | $12.13 | $30.72 | x |
| 2012-12-31 | $13.06 | $30.72 | x |
| 2013-12-31 | $13.39 | $30.72 | x |
| 2014-12-31 | $14.34 | $30.72 | x |
| 2015-12-31 | $15.66 | $30.72 | x |
| 2016-12-31 | $17.24 | $30.72 | x |
| 2017-12-31 | $19.78 | $30.72 | x |
| 2018-12-31 | $20.24 | $30.72 | x |
| 2019-12-31 | $20.44 | $30.72 | x |
| 2020-12-31 | $22.00 | $30.72 | x |
| 2021-12-31 | $22.64 | $30.72 | x |
| 2022-12-31 | $21.38 | $30.72 | x |
| 2023-12-31 | $21.30 | $30.72 | x |
| 2024-12-31 | $21.71 | $30.72 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Persimmon 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): 7.62%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.35%
- • Asset Turnover: 0.66x
- • Equity Multiplier: 1.38x
- Recent ROE (7.62%) is below the historical average (15.27%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1985 | 21.91% | 6.13% | 1.29x | 2.78x | $1.06 Million |
| 1986 | 21.04% | 8.28% | 1.09x | 2.32x | $2.02 Million |
| 1987 | 32.64% | 11.07% | 1.20x | 2.45x | $5.66 Million |
| 1988 | 31.95% | 16.09% | 0.96x | 2.06x | $13.18 Million |
| 1989 | 27.66% | 16.31% | 0.86x | 1.96x | $13.44 Million |
| 1990 | 20.75% | 13.61% | 0.82x | 1.87x | $9.61 Million |
| 1991 | 11.46% | 10.33% | 0.75x | 1.48x | $1.89 Million |
| 1992 | 4.91% | 4.47% | 0.58x | 1.90x | $-6.52 Million |
| 1993 | 9.15% | 7.81% | 0.64x | 1.83x | $-1.24 Million |
| 1994 | 8.54% | 8.13% | 0.61x | 1.72x | $-2.87 Million |
| 1995 | 8.13% | 6.57% | 0.68x | 1.82x | $-3.78 Million |
| 1996 | 9.21% | 5.50% | 0.81x | 2.07x | $-2.14 Million |
| 1997 | 12.86% | 7.18% | 0.99x | 1.81x | $8.40 Million |
| 1998 | 13.97% | 7.83% | 0.92x | 1.95x | $12.72 Million |
| 1999 | 15.85% | 8.28% | 1.00x | 1.91x | $21.27 Million |
| 2000 | 17.35% | 9.81% | 0.94x | 1.88x | $30.86 Million |
| 2001 | 14.68% | 7.88% | 0.86x | 2.17x | $37.10 Million |
| 2002 | 18.84% | 10.32% | 0.97x | 1.89x | $82.80 Million |
| 2003 | 20.79% | 12.44% | 0.95x | 1.76x | $121.57 Million |
| 2004 | 23.07% | 15.22% | 0.88x | 1.71x | $183.74 Million |
| 2005 | 20.38% | 15.09% | 0.84x | 1.62x | $175.60 Million |
| 2006 | 19.51% | 12.62% | 0.84x | 1.85x | $193.27 Million |
| 2007 | 17.63% | 13.72% | 0.73x | 1.77x | $178.96 Million |
| 2008 | -40.19% | -35.61% | 0.56x | 2.03x | $-780.52 Million |
| 2009 | 4.57% | 5.22% | 0.51x | 1.72x | $-88.22 Million |
| 2010 | 6.61% | 7.35% | 0.58x | 1.56x | $-59.10 Million |
| 2011 | 5.93% | 7.10% | 0.60x | 1.40x | $-74.93 Million |
| 2012 | 8.54% | 9.89% | 0.61x | 1.40x | $-29.17 Million |
| 2013 | 12.57% | 12.33% | 0.69x | 1.48x | $52.65 Million |
| 2014 | 16.97% | 14.45% | 0.77x | 1.53x | $152.74 Million |
| 2015 | 21.25% | 17.99% | 0.76x | 1.56x | $276.32 Million |
| 2016 | 22.84% | 19.93% | 0.76x | 1.51x | $351.56 Million |
| 2017 | 24.58% | 21.87% | 0.76x | 1.49x | $466.74 Million |
| 2018 | 27.75% | 23.72% | 0.80x | 1.46x | $566.95 Million |
| 2019 | 26.05% | 23.26% | 0.81x | 1.38x | $522.97 Million |
| 2020 | 18.14% | 19.18% | 0.72x | 1.31x | $286.56 Million |
| 2021 | 21.71% | 21.80% | 0.75x | 1.32x | $424.68 Million |
| 2022 | 16.31% | 14.70% | 0.76x | 1.46x | $217.07 Million |
| 2023 | 7.47% | 9.21% | 0.58x | 1.40x | $-86.45 Million |
| 2024 | 7.62% | 8.35% | 0.66x | 1.38x | $-83.56 Million |
Industry Comparison
This section compares Persimmon Plc's net assets metrics with peer companies in the Residential Construction industry.
Industry Context
- Industry: Residential Construction
- Average net assets among peers: $1,855,105,407
- Average return on equity (ROE) among peers: 5.38%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Persimmon Plc (PSMMY) | $3.48 Billion | 21.91% | 0.43x | $5.28 Billion |
| Auscrete Corp (ASCK) | $-1.15 Million | 0.00% | 0.00x | $6.25K |
| BDCC (BDCC) | $-459.31K | 0.00% | 0.00x | $875.45K |
| Barratt Developments PLC (BTDPY) | $270.90 Million | 7.16% | 1.23x | $7.57 Billion |
| Vistry Group PLC (BVHMF) | $1.06 Billion | 12.87% | 0.49x | $1.54 Billion |
| BVHMY (BVHMY) | $3.32 Billion | 6.48% | 0.83x | $1.44 Billion |
| Beazer Homes USA Inc (BZH) | $178.70 Million | 10.24% | 1.00x | $557.34 Million |
| Calgro M3 Holdings Limited (CLMHF) | $828.06 Million | 2.29% | 1.98x | $27.19 Million |
| Cairn Homes plc (CNHHY) | $763.74 Million | 6.71% | 0.27x | $1.56 Billion |
| Consorcio ARA S. A. B. de C. V. (CNRFF) | $11.86 Billion | 6.18% | 0.53x | $85.90 Million |
| Cavco Industries Inc (CVCO) | $268.88 Million | 1.85% | 0.65x | $3.92 Billion |