Vodafone Group PLC
Vodafone Group Public Limited Company provides telecommunication services in Germany, the United Kingdom, rest of Europe, Turkey, and South Africa. It offers mobile and fixed services; connectivity business solutions, such as digital services, the Internet of Things (IoT) and financial services; and IoT platforms. The company also provides cloud, multi-cloud, and edge computing solutions; M-PESA,… Read more
Vodafone Group PLC (VODPF) - Net Assets
Latest net assets as of September 2025: $56.61 Billion USD
Based on the latest financial reports, Vodafone Group PLC (VODPF) has net assets worth $56.61 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 ($128.86 Billion) and total liabilities ($72.25 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 | $56.61 Billion |
| % of Total Assets | 43.93% |
| Annual Growth Rate | 21.51% |
| 5-Year Change | -6.75% |
| 10-Year Change | -36.84% |
| Growth Volatility | 2729.23 |
Vodafone Group PLC - Net Assets Trend (1987–2025)
This chart illustrates how Vodafone 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 Vodafone Group PLC (1987–2025)
The table below shows the annual net assets of Vodafone Group PLC from 1987 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | $53.92 Billion | -11.61% |
| 2024-03-31 | $61.00 Billion | -5.40% |
| 2023-03-31 | $64.48 Billion | +12.98% |
| 2022-03-31 | $57.07 Billion | -1.29% |
| 2021-03-31 | $57.82 Billion | -7.68% |
| 2020-03-31 | $62.62 Billion | -1.29% |
| 2019-03-31 | $63.45 Billion | -7.52% |
| 2018-03-31 | $68.61 Billion | -6.93% |
| 2017-03-31 | $73.72 Billion | -13.64% |
| 2016-03-31 | $85.36 Billion | -7.84% |
| 2015-03-31 | $92.62 Billion | +6.66% |
| 2014-03-31 | $86.83 Billion | +0.96% |
| 2013-03-31 | $86.00 Billion | -8.36% |
| 2012-03-31 | $93.85 Billion | -5.82% |
| 2011-03-31 | $99.66 Billion | -2.24% |
| 2010-03-31 | $101.94 Billion | +11.36% |
| 2009-03-31 | $91.54 Billion | -4.72% |
| 2008-03-31 | $96.08 Billion | -3.09% |
| 2007-03-31 | $99.14 Billion | -18.96% |
| 2006-03-31 | $122.33 Billion | -26.16% |
| 2005-03-31 | $165.68 Billion | -3.78% |
| 2004-03-31 | $172.18 Billion | -9.50% |
| 2003-03-31 | $190.26 Billion | -12.80% |
| 2002-03-31 | $218.19 Billion | -8.51% |
| 2001-03-31 | $238.49 Billion | +0.50% |
| 2000-03-31 | $237.32 Billion | +17059.82% |
| 1999-03-31 | $1.38 Billion | +134.67% |
| 1998-03-31 | $589.34 Million | -49.62% |
| 1997-03-31 | $1.17 Billion | -5.92% |
| 1996-03-31 | $1.24 Billion | +24.63% |
| 1995-03-31 | $997.80 Million | +10.91% |
| 1994-03-31 | $899.69 Million | +21.16% |
| 1993-03-31 | $742.57 Million | +17.45% |
| 1992-03-31 | $632.25 Million | +4.79% |
| 1991-03-31 | $603.35 Million | +64.49% |
| 1990-03-31 | $366.80 Million | +32.38% |
| 1989-03-31 | $277.09 Million | +481.28% |
| 1988-03-31 | $47.67 Million | +45.21% |
| 1987-03-31 | $32.83 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Vodafone 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 decreased by 437863.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $4.32 Billion | 8.19% |
| Other Components | $171.93 Billion | 325.96% |
| Total Equity | $52.74 Billion | 100.00% |
Vodafone Group PLC Competitors by Market Cap
The table below lists competitors of Vodafone Group PLC ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Northern Star Resources Limited
F:NS7
|
$18.08 Billion |
|
Royalty Pharma Plc
NASDAQ:RPRX
|
$18.10 Billion |
|
Hannover Rück SE
PINK:HVRRF
|
$18.13 Billion |
|
Henkel AG & Co. KGaA vz. (Pref Shares)
XETRA:HEN3
|
$18.16 Billion |
|
Credicorp Ltd
NYSE:BAP
|
$18.04 Billion |
|
Southwest Airlines Company
NYSE:LUV
|
$18.03 Billion |
|
Daimler Truck Holding AG
PINK:DTGHF
|
$18.01 Billion |
|
Brambles Limited
PINK:BMBLF
|
$17.99 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Vodafone Group PLC's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 59,966,000,000 to 52,745,000,000, a change of -7,221,000,000 (-12.0%).
- Net loss of 4,169,000,000 reduced equity.
- Dividend payments of 1,787,000,000 reduced retained earnings.
- Share repurchases of 1,868,000,000 reduced equity.
- New share issuances of 3,000,000 increased equity.
- Other comprehensive income decreased equity by 28,202,000,000.
- Other factors increased equity by 28,802,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-4.17 Billion | -7.9% |
| Dividends Paid | $1.79 Billion | -3.39% |
| Share Repurchases | $1.87 Billion | -3.54% |
| Share Issuances | $3.00 Million | +0.01% |
| Other Comprehensive Income | $-28.20 Billion | -53.47% |
| Other Changes | $28.80 Billion | +54.61% |
| Total Change | $- | -12.04% |
Book Value vs Market Value Analysis
This analysis compares Vodafone 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: 0.47x
- 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.
- The price-to-book ratio has decreased from 702.60x to 0.47x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1987-03-31 | $0.00 | $0.94 | x |
| 1988-03-31 | $0.00 | $0.94 | x |
| 1989-03-31 | $0.01 | $0.94 | x |
| 1990-03-31 | $0.01 | $0.94 | x |
| 1991-03-31 | $0.02 | $0.94 | x |
| 1992-03-31 | $0.03 | $0.94 | x |
| 1993-03-31 | $0.03 | $0.94 | x |
| 1994-03-31 | $0.04 | $0.94 | x |
| 1995-03-31 | $0.04 | $0.94 | x |
| 1996-03-31 | $0.05 | $0.94 | x |
| 1997-03-31 | $0.04 | $0.94 | x |
| 1998-03-31 | $0.02 | $0.94 | x |
| 1999-03-31 | $0.05 | $0.94 | x |
| 2000-03-31 | $9.57 | $0.94 | x |
| 2001-03-31 | $9.56 | $0.94 | x |
| 2002-03-31 | $8.70 | $0.94 | x |
| 2003-03-31 | $7.59 | $0.94 | x |
| 2004-03-31 | $6.83 | $0.94 | x |
| 2005-03-31 | $6.76 | $0.94 | x |
| 2006-03-31 | $4.99 | $0.94 | x |
| 2007-03-31 | $4.03 | $0.94 | x |
| 2008-03-31 | $4.00 | $0.94 | x |
| 2009-03-31 | $3.79 | $0.94 | x |
| 2010-03-31 | $4.14 | $0.94 | x |
| 2011-03-31 | $4.06 | $0.94 | x |
| 2012-03-31 | $3.32 | $0.94 | x |
| 2013-03-31 | $3.11 | $0.94 | x |
| 2014-03-31 | $3.21 | $0.94 | x |
| 2015-03-31 | $3.40 | $0.94 | x |
| 2016-03-31 | $3.13 | $0.94 | x |
| 2017-03-31 | $2.58 | $0.94 | x |
| 2018-03-31 | $2.43 | $0.94 | x |
| 2019-03-31 | $2.25 | $0.94 | x |
| 2020-03-31 | $2.50 | $0.94 | x |
| 2021-03-31 | $2.27 | $0.94 | x |
| 2022-03-31 | $2.23 | $0.94 | x |
| 2023-03-31 | $2.28 | $0.94 | x |
| 2024-03-31 | $2.21 | $0.94 | x |
| 2025-03-31 | $2.02 | $0.94 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Vodafone 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): -7.90%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -11.13%
- • Asset Turnover: 0.29x
- • Equity Multiplier: 2.44x
- Recent ROE (-7.90%) is below the historical average (15.76%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1987 | -59.50% | -20.59% | 0.33x | 8.75x | $-22.81 Million |
| 1988 | 93.35% | 21.52% | 0.68x | 6.42x | $39.73 Million |
| 1989 | 34.38% | 25.85% | 0.82x | 1.61x | $67.56 Million |
| 1990 | 43.99% | 29.21% | 0.89x | 1.69x | $124.66 Million |
| 1991 | 48.56% | 37.83% | 0.87x | 1.47x | $232.63 Million |
| 1992 | 40.75% | 31.48% | 0.89x | 1.45x | $194.41 Million |
| 1993 | 37.19% | 33.39% | 0.76x | 1.46x | $201.82 Million |
| 1994 | 35.12% | 28.81% | 0.81x | 1.51x | $225.80 Million |
| 1995 | 29.05% | 20.60% | 0.82x | 1.72x | $189.89 Million |
| 1996 | 30.31% | 22.09% | 0.80x | 1.73x | $252.22 Million |
| 1997 | 47.25% | 20.80% | 0.72x | 3.15x | $404.93 Million |
| 1998 | 148.25% | 16.95% | 0.99x | 8.86x | $606.50 Million |
| 1999 | 78.16% | 18.95% | 0.92x | 4.47x | $830.77 Million |
| 2000 | 0.35% | 6.19% | 0.05x | 1.09x | $-22.67 Billion |
| 2001 | -6.82% | -65.88% | 0.09x | 1.19x | $-39.45 Billion |
| 2002 | -12.37% | -70.72% | 0.14x | 1.25x | $-47.77 Billion |
| 2003 | -7.69% | -32.51% | 0.19x | 1.27x | $-32.92 Billion |
| 2004 | -8.05% | -26.86% | 0.23x | 1.31x | $-30.27 Billion |
| 2005 | 5.63% | 24.03% | 0.18x | 1.29x | $-7.25 Billion |
| 2006 | -25.66% | -74.67% | 0.23x | 1.48x | $-43.68 Billion |
| 2007 | -8.09% | -17.44% | 0.28x | 1.63x | $-17.88 Billion |
| 2008 | 8.53% | 18.77% | 0.28x | 1.63x | $-1.44 Billion |
| 2009 | 3.57% | 7.50% | 0.27x | 1.77x | $-5.98 Billion |
| 2010 | 9.57% | 19.44% | 0.28x | 1.74x | $-441.29 Million |
| 2011 | 9.10% | 17.37% | 0.30x | 1.73x | $-896.31 Million |
| 2012 | 9.03% | 17.90% | 0.28x | 1.81x | $-894.72 Million |
| 2013 | 0.58% | 1.09% | 0.27x | 2.00x | $-7.99 Billion |
| 2014 | 15.74% | 29.07% | 0.31x | 1.72x | $4.92 Billion |
| 2015 | 8.71% | 13.64% | 0.34x | 1.85x | $-1.17 Billion |
| 2016 | -6.11% | -9.82% | 0.31x | 2.03x | $-13.46 Billion |
| 2017 | -3.03% | -4.60% | 0.31x | 2.14x | $-9.41 Billion |
| 2018 | 6.52% | 9.47% | 0.32x | 2.15x | $-2.36 Billion |
| 2019 | -7.21% | -10.27% | 0.31x | 2.30x | $-10.71 Billion |
| 2020 | -1.50% | -2.05% | 0.27x | 2.74x | $-7.06 Billion |
| 2021 | 0.11% | 0.13% | 0.28x | 2.78x | $-5.52 Billion |
| 2022 | 4.08% | 4.91% | 0.30x | 2.81x | $-3.24 Billion |
| 2023 | 18.67% | 25.90% | 0.29x | 2.45x | $5.50 Billion |
| 2024 | 1.90% | 3.10% | 0.25x | 2.41x | $-4.86 Billion |
| 2025 | -7.90% | -11.13% | 0.29x | 2.44x | $-9.44 Billion |
Industry Comparison
This section compares Vodafone Group PLC's net assets metrics with peer companies in the Telecom Services industry.
Industry Context
- Industry: Telecom Services
- Average net assets among peers: $44,462,353,944
- Average return on equity (ROE) among peers: -3489.80%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Vodafone Group PLC (VODPF) | $56.61 Billion | -59.50% | 1.28x | $18.08 Billion |
| Airtel Africa Plc (AARTY) | $2.77 Billion | 7.93% | 3.33x | $6.92 Billion |
| Airborne Wireless Network (ABWN) | $106.58K | -34635.01% | 3.96x | $437.69K |
| Access-Power & Co. Inc (ACCR) | $753.00 | -0.13% | 3.17x | $572.84K |
| Array Digital Infrastructure, Inc. (AD) | $3.69 Billion | 0.33% | 0.85x | $745.85 Million |
| Alvarion Ltd (ALVRQ) | $122.09 Million | -80.66% | 0.76x | $0.97 |
| América Móvil, S.A.B. de C.V. (AMXOF) | $437.83 Billion | 17.39% | 2.70x | $12.75 Billion |
| Alpha One Inc (AOAO) | $27.96 Million | -1.08% | 0.50x | $11.15 Million |
| American Nortel Communications Inc (ARTM) | $333.42K | -8.16% | 0.37x | $213.62 |
| Vapor Hub International Inc. (ASHI) | $15.12K | -175.34% | 0.19x | $5.26K |
| Anterix Inc (ATEX) | $180.76 Million | -23.23% | 0.09x | $481.87 Million |