Pharos Energy plc
Pharos Energy plc, an independent energy company, explores, develops, and produces oil and gas properties in Vietnam and Egypt. The company was formerly known as SOCO International plc and changed its name to Pharos Energy plc in October 2019. Pharos Energy plc was incorporated in 1997 and is headquartered in London, the United Kingdom.
Pharos Energy plc (SOCLF) - Net Assets
Latest net assets as of June 2025: $291.80 Million USD
Based on the latest financial reports, Pharos Energy plc (SOCLF) has net assets worth $291.80 Million USD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($419.70 Million) and total liabilities ($127.90 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 | $291.80 Million |
| % of Total Assets | 69.53% |
| Annual Growth Rate | 2.64% |
| 5-Year Change | -0.99% |
| 10-Year Change | -67.42% |
| Growth Volatility | 26.83 |
Pharos Energy plc - Net Assets Trend (1997–2024)
This chart illustrates how Pharos Energy 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 Pharos Energy plc (1997–2024)
The table below shows the annual net assets of Pharos Energy plc from 1997 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $290.80 Million | +5.67% |
| 2023-12-31 | $275.20 Million | -16.76% |
| 2022-12-31 | $330.60 Million | +8.61% |
| 2021-12-31 | $304.40 Million | +3.64% |
| 2020-12-31 | $293.70 Million | -42.42% |
| 2019-12-31 | $510.10 Million | +1.86% |
| 2018-12-31 | $500.80 Million | +1.25% |
| 2017-12-31 | $494.60 Million | -42.25% |
| 2016-12-31 | $856.50 Million | -4.03% |
| 2015-12-31 | $892.50 Million | -8.47% |
| 2014-12-31 | $975.10 Million | -9.78% |
| 2013-12-31 | $1.08 Billion | -8.14% |
| 2012-12-31 | $1.18 Billion | +7.15% |
| 2011-12-31 | $1.10 Billion | +8.37% |
| 2010-12-31 | $1.01 Billion | +32.75% |
| 2009-12-31 | $763.27 Million | +7.44% |
| 2008-12-31 | $710.39 Million | +115.94% |
| 2007-12-31 | $328.97 Million | +11.22% |
| 2006-12-31 | $295.79 Million | +11.10% |
| 2005-12-31 | $266.24 Million | +7.71% |
| 2004-12-31 | $247.19 Million | +8.89% |
| 2003-12-31 | $227.00 Million | +3.11% |
| 2002-12-31 | $220.16 Million | +5.60% |
| 2001-12-31 | $208.49 Million | +13.65% |
| 2000-12-31 | $183.44 Million | +16.53% |
| 1999-12-31 | $157.43 Million | +19.40% |
| 1998-12-31 | $131.85 Million | -8.40% |
| 1997-12-31 | $143.93 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Pharos Energy 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 2089.3% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $33.07 Million | 11.37% |
| Other Comprehensive Income | $304.50 Million | 104.71% |
| Other Components | $16.73 Million | 5.75% |
| Total Equity | $290.80 Million | 100.00% |
Pharos Energy plc Competitors by Market Cap
The table below lists competitors of Pharos Energy plc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Kaulin Mfg
TW:1531
|
$39.04 Million |
|
Sandon Capital Investments Ltd
AU:SNC
|
$39.05 Million |
|
FineMat Applied Materials Co Ltd
TW:6698
|
$39.06 Million |
|
CFSB Bancorp Inc
NASDAQ:CFSB
|
$39.07 Million |
|
Supreme Infrastructure India Limited
NSE:SUPREMEINF
|
$39.03 Million |
|
China Crystal New Material
KQ:900250
|
$39.03 Million |
|
PREMIA REAL ESTATE EO 05
F:3FDA
|
$39.02 Million |
|
The Platinum Group Public Company Limited
BK:PLAT
|
$39.02 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Pharos Energy plc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 275,200,000 to 290,800,000, a change of 15,600,000 (5.7%).
- Net income of 23,600,000 contributed positively to equity growth.
- Dividend payments of 5,900,000 reduced retained earnings.
- Share repurchases of 3,800,000 reduced equity.
- Other comprehensive income increased equity by 1,400,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $23.60 Million | +8.12% |
| Dividends Paid | $5.90 Million | -2.03% |
| Share Repurchases | $3.80 Million | -1.31% |
| Other Comprehensive Income | $1.40 Million | +0.48% |
| Other Changes | $300.00K | +0.1% |
| Total Change | $- | 5.67% |
Book Value vs Market Value Analysis
This analysis compares Pharos Energy 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: 0.36x
- 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 |
|---|---|---|---|
| 1997-12-31 | $0.65 | $0.25 | x |
| 1998-12-31 | $0.65 | $0.25 | x |
| 1999-12-31 | $0.65 | $0.25 | x |
| 2000-12-31 | $0.63 | $0.25 | x |
| 2001-12-31 | $0.70 | $0.25 | x |
| 2002-12-31 | $0.71 | $0.25 | x |
| 2003-12-31 | $0.72 | $0.25 | x |
| 2004-12-31 | $0.78 | $0.25 | x |
| 2005-12-31 | $0.84 | $0.25 | x |
| 2006-12-31 | $0.94 | $0.25 | x |
| 2007-12-31 | $1.04 | $0.25 | x |
| 2008-12-31 | $2.14 | $0.25 | x |
| 2009-12-31 | $2.27 | $0.25 | x |
| 2010-12-31 | $2.84 | $0.25 | x |
| 2011-12-31 | $3.25 | $0.25 | x |
| 2012-12-31 | $3.56 | $0.25 | x |
| 2013-12-31 | $3.29 | $0.25 | x |
| 2014-12-31 | $2.96 | $0.25 | x |
| 2015-12-31 | $2.68 | $0.25 | x |
| 2016-12-31 | $2.58 | $0.25 | x |
| 2017-12-31 | $1.50 | $0.25 | x |
| 2018-12-31 | $1.50 | $0.25 | x |
| 2019-12-31 | $1.35 | $0.25 | x |
| 2020-12-31 | $0.74 | $0.25 | x |
| 2021-12-31 | $0.70 | $0.25 | x |
| 2022-12-31 | $0.75 | $0.25 | x |
| 2023-12-31 | $0.64 | $0.25 | x |
| 2024-12-31 | $0.69 | $0.25 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Pharos Energy 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): 8.12%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 17.35%
- • Asset Turnover: 0.32x
- • Equity Multiplier: 1.47x
- Recent ROE (8.12%) is above the historical average (2.97%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1997 | 3.46% | 32.30% | 0.09x | 1.16x | $-8.56 Million |
| 1998 | -1.05% | -5.39% | 0.18x | 1.09x | $-14.55 Million |
| 1999 | 7.63% | 31.15% | 0.23x | 1.08x | $-3.72 Million |
| 2000 | 14.30% | 38.31% | 0.32x | 1.15x | $7.89 Million |
| 2001 | 12.36% | 47.54% | 0.25x | 1.06x | $4.93 Million |
| 2002 | 4.03% | 21.16% | 0.18x | 1.08x | $-13.14 Million |
| 2003 | 4.47% | 22.31% | 0.18x | 1.09x | $-12.54 Million |
| 2004 | 11.96% | 100.63% | 0.11x | 1.06x | $4.85 Million |
| 2005 | 7.69% | 35.82% | 0.20x | 1.07x | $-6.15 Million |
| 2006 | 9.83% | 38.00% | 0.14x | 1.88x | $-516.20K |
| 2007 | 9.82% | 33.01% | 0.16x | 1.82x | $-582.70K |
| 2008 | 57.86% | 742.79% | 0.06x | 1.37x | $340.02 Million |
| 2009 | 6.70% | 73.72% | 0.07x | 1.39x | $-25.21 Million |
| 2010 | 10.01% | 209.61% | 0.04x | 1.16x | $110.30K |
| 2011 | 8.07% | 37.84% | 0.18x | 1.16x | $-21.21 Million |
| 2012 | 17.59% | 33.30% | 0.43x | 1.22x | $89.34 Million |
| 2013 | 9.63% | 17.12% | 0.45x | 1.26x | $-3.98 Million |
| 2014 | 1.44% | 3.12% | 0.35x | 1.31x | $-83.51 Million |
| 2015 | -3.79% | -15.74% | 0.18x | 1.32x | $-123.05 Million |
| 2016 | -0.49% | -2.72% | 0.14x | 1.30x | $-89.85 Million |
| 2017 | -31.80% | -100.70% | 0.22x | 1.44x | $-206.76 Million |
| 2018 | 5.53% | 15.82% | 0.21x | 1.63x | $-22.38 Million |
| 2019 | -4.80% | -12.92% | 0.22x | 1.68x | $-75.51 Million |
| 2020 | -73.48% | -151.97% | 0.26x | 1.87x | $-245.17 Million |
| 2021 | -1.54% | -3.79% | 0.21x | 1.94x | $-35.14 Million |
| 2022 | 7.38% | 13.23% | 0.32x | 1.73x | $-8.66 Million |
| 2023 | -17.73% | -31.00% | 0.34x | 1.66x | $-76.32 Million |
| 2024 | 8.12% | 17.35% | 0.32x | 1.47x | $-5.48 Million |
Industry Comparison
This section compares Pharos Energy plc's net assets metrics with peer companies in the Oil & Gas E&P industry.
Industry Context
- Industry: Oil & Gas E&P
- Average net assets among peers: $1,751,793,864
- Average return on equity (ROE) among peers: -1.48%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Pharos Energy plc (SOCLF) | $291.80 Million | 3.46% | 0.44x | $39.04 Million |
| Advantage Energy Ltd. (AAVVF) | $1.33 Billion | 0.83% | 0.33x | $922.80 Million |
| ADX Energy Ltd (ADXRF) | $4.37 Million | -14.30% | 0.01x | $9.58 Million |
| ARC Resources Ltd. (AETUF) | $3.40 Billion | 7.09% | 0.69x | $10.30 Billion |
| Aminex PLC (AEXFF) | $7.53 Million | -11.90% | 0.27x | $77.17 Million |
| Aker BP ASA (AKRBF) | $12.69 Billion | 14.40% | 2.32x | $6.29 Billion |
| Arkanova Energy Corporation (AKVA) | $-35.51K | 0.00% | 0.00x | $4.92K |
| Allied Resources Inc (ALOD) | $2.39 Million | -3.81% | 0.14x | $428.76K |
| Altex Industries Inc (ALTX) | $2.60 Million | -10.61% | 0.15x | $1.08 Million |
| Alvopetro Energy Ltd (ALVOF) | $66.14 Million | -10.76% | 0.04x | $117.02 Million |
| AMEN Properties Inc (AMEN) | $15.55 Million | 14.30% | 0.08x | $4.94 Million |