QinetiQ Group plc
QinetiQ Group plc provides science and technology solution in the defense, security, and infrastructure markets in the United Kingdom, the United States, Australia, and internationally. The company operates through EMEA Services and Global Solutions segments. It offers advanced materials and manufacturing products; artificial intelligence, analytics, and advanced computing technologies; cyber and… Read more
QinetiQ Group plc (QNTQF) - Net Assets
Latest net assets as of September 2025: $558.80 Million USD
Based on the latest financial reports, QinetiQ Group plc (QNTQF) has net assets worth $558.80 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 ($1.69 Billion) and total liabilities ($1.13 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 | $558.80 Million |
| % of Total Assets | 33.08% |
| Annual Growth Rate | 7.04% |
| 5-Year Change | -29.2% |
| 10-Year Change | 92.89% |
| Growth Volatility | 25.63 |
QinetiQ Group plc - Net Assets Trend (2003–2025)
This chart illustrates how QinetiQ 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 QinetiQ Group plc (2003–2025)
The table below shows the annual net assets of QinetiQ Group plc from 2003 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | $626.50 Million | -32.35% |
| 2024-03-31 | $926.10 Million | -4.36% |
| 2023-03-31 | $968.30 Million | -7.02% |
| 2022-03-31 | $1.04 Billion | +17.69% |
| 2021-03-31 | $884.90 Million | -0.25% |
| 2020-03-31 | $887.10 Million | +13.88% |
| 2019-03-31 | $779.00 Million | +4.66% |
| 2018-03-31 | $744.30 Million | +39.75% |
| 2017-03-31 | $532.60 Million | +63.98% |
| 2016-03-31 | $324.80 Million | +8.96% |
| 2015-03-31 | $298.10 Million | -21.16% |
| 2014-03-31 | $378.10 Million | -13.77% |
| 2013-03-31 | $438.50 Million | -26.84% |
| 2012-03-31 | $599.40 Million | +31.02% |
| 2011-03-31 | $457.50 Million | -3.42% |
| 2010-03-31 | $473.70 Million | -21.40% |
| 2009-03-31 | $602.70 Million | +13.08% |
| 2008-03-31 | $533.00 Million | +11.65% |
| 2007-03-31 | $477.40 Million | +31.55% |
| 2006-03-31 | $362.90 Million | +23.39% |
| 2005-03-31 | $294.10 Million | +30.60% |
| 2004-03-31 | $225.20 Million | +60.74% |
| 2003-03-31 | $140.10 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to QinetiQ 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 2316.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $456.80 Million | 72.91% |
| Common Stock | $5.50 Million | 0.88% |
| Other Components | $164.20 Million | 26.21% |
| Total Equity | $626.50 Million | 100.00% |
QinetiQ Group plc Competitors by Market Cap
The table below lists competitors of QinetiQ Group plc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Swancor Advanced Materials Co Ltd
SHG:688585
|
$2.14 Billion |
|
CRANE HOLDINGS CO. DL 1
F:P8Q
|
$2.14 Billion |
|
Boc International China Co Ltd
SHG:601696
|
$2.14 Billion |
|
Northwest Natural Gas Co
NYSE:NWN
|
$2.14 Billion |
|
YY Inc Class A
NASDAQ:YY
|
$2.14 Billion |
|
Inner Mongolia Dazhong Mining Co Ltd
SHE:001203
|
$2.14 Billion |
|
Solvay SA
PINK:SVYSF
|
$2.14 Billion |
|
IAC INC. DL-0001
F:4LRA
|
$2.14 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in QinetiQ Group plc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 926,100,000 to 626,500,000, a change of -299,600,000 (-32.4%).
- Net loss of 185,700,000 reduced equity.
- Dividend payments of 47,900,000 reduced retained earnings.
- Share repurchases of 108,900,000 reduced equity.
- Other comprehensive income decreased equity by 30,500,000.
- Other factors increased equity by 73,400,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-185.70 Million | -29.64% |
| Dividends Paid | $47.90 Million | -7.65% |
| Share Repurchases | $108.90 Million | -17.38% |
| Other Comprehensive Income | $-30.50 Million | -4.87% |
| Other Changes | $73.40 Million | +11.72% |
| Total Change | $- | -32.35% |
Book Value vs Market Value Analysis
This analysis compares QinetiQ 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: 4.45x
- 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 99.44x to 4.45x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2003-03-31 | $0.05 | $4.88 | x |
| 2004-03-31 | $0.18 | $4.88 | x |
| 2005-03-31 | $0.51 | $4.88 | x |
| 2006-03-31 | $0.61 | $4.88 | x |
| 2007-03-31 | $0.71 | $4.88 | x |
| 2008-03-31 | $0.81 | $4.88 | x |
| 2009-03-31 | $0.92 | $4.88 | x |
| 2010-03-31 | $0.72 | $4.88 | x |
| 2011-03-31 | $0.69 | $4.88 | x |
| 2012-03-31 | $0.92 | $4.88 | x |
| 2013-03-31 | $0.68 | $4.88 | x |
| 2014-03-31 | $0.58 | $4.88 | x |
| 2015-03-31 | $0.47 | $4.88 | x |
| 2016-03-31 | $0.55 | $4.88 | x |
| 2017-03-31 | $0.92 | $4.88 | x |
| 2018-03-31 | $1.31 | $4.88 | x |
| 2019-03-31 | $1.36 | $4.88 | x |
| 2020-03-31 | $1.55 | $4.88 | x |
| 2021-03-31 | $1.54 | $4.88 | x |
| 2022-03-31 | $1.80 | $4.88 | x |
| 2023-03-31 | $1.66 | $4.88 | x |
| 2024-03-31 | $1.58 | $4.88 | x |
| 2025-03-31 | $1.10 | $4.88 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently QinetiQ 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): -29.64%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -9.61%
- • Asset Turnover: 1.06x
- • Equity Multiplier: 2.92x
- Recent ROE (-29.64%) is below the historical average (13.39%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2003 | 35.53% | 1.46% | 1.00x | 24.43x | $8.12 Million |
| 2004 | 37.55% | 5.37% | 0.98x | 7.12x | $31.33 Million |
| 2005 | 24.89% | 8.63% | 0.86x | 3.34x | $44.21 Million |
| 2006 | 15.98% | 5.52% | 0.88x | 3.27x | $21.75 Million |
| 2007 | 14.46% | 6.00% | 0.88x | 2.74x | $21.27 Million |
| 2008 | 8.89% | 3.47% | 0.92x | 2.78x | $-5.89 Million |
| 2009 | 15.53% | 5.79% | 0.79x | 3.39x | $33.34 Million |
| 2010 | -13.37% | -3.89% | 1.00x | 3.45x | $-110.66 Million |
| 2011 | 1.09% | 0.29% | 1.15x | 3.24x | $-40.74 Million |
| 2012 | 41.10% | 16.76% | 1.03x | 2.39x | $186.37 Million |
| 2013 | -30.38% | -10.03% | 1.12x | 2.69x | $-177.04 Million |
| 2014 | -3.36% | -1.07% | 1.15x | 2.74x | $-50.50 Million |
| 2015 | 35.13% | 13.71% | 1.03x | 2.49x | $74.90 Million |
| 2016 | 32.69% | 14.04% | 0.98x | 2.38x | $73.64 Million |
| 2017 | 23.16% | 15.75% | 0.80x | 1.83x | $70.06 Million |
| 2018 | 18.56% | 16.58% | 0.70x | 1.61x | $63.69 Million |
| 2019 | 14.66% | 12.50% | 0.71x | 1.64x | $36.22 Million |
| 2020 | 12.02% | 9.91% | 0.74x | 1.64x | $17.83 Million |
| 2021 | 13.76% | 9.52% | 0.85x | 1.69x | $33.24 Million |
| 2022 | 8.64% | 6.82% | 0.74x | 1.72x | $-14.12 Million |
| 2023 | 15.95% | 9.77% | 0.75x | 2.16x | $57.57 Million |
| 2024 | 15.07% | 7.30% | 0.91x | 2.27x | $46.99 Million |
| 2025 | -29.64% | -9.61% | 1.06x | 2.92x | $-248.35 Million |
Industry Comparison
This section compares QinetiQ Group plc's net assets metrics with peer companies in the Aerospace & Defense industry.
Industry Context
- Industry: Aerospace & Defense
- Average net assets among peers: $301,480,945
- Average return on equity (ROE) among peers: 29.17%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| QinetiQ Group plc (QNTQF) | $558.80 Million | 35.53% | 2.02x | $2.14 Billion |
| Alabama Aircraft Industries Inc (AAIIQ) | $3.00 Million | 70.00% | 22.83x | $0.97 |
| AAC Clyde Space AB (ACCMF) | $662.75 Million | -6.24% | 0.42x | $49.09 Million |
| Archer Aviation Inc (ACHR) | $698.90 Million | -49.76% | 0.10x | $3.44 Billion |
| American Defense Systems Inc (ADFS) | $9.01 Million | 34.56% | 0.45x | $4.85K |
| AAR Corp (AIR) | $866.00 Million | 7.82% | 1.54x | $4.16 Billion |
| Air Industries Group (AIRI) | $21.61 Million | 17.30% | 1.32x | $12.09 Million |
| AIRO Group Holdings, Inc. Common Stock (AIRO) | $548.73 Million | -7.05% | 0.28x | $168.72 Million |
| Philly Shipyard ASA (AKRRF) | $155.58 Million | 43.21% | 0.63x | $13.32 Million |
| ASI Aviation Inc (ASAV) | $6.88 | 150.58% | 2.47x | $2.48 Million |
| Astronics Corporation (ATRO) | $49.23 Million | 31.26% | 1.11x | $2.35 Billion |