WH Smith PLC
WH Smith PLC operates as a travel retailer in the United Kingdom, North America, Australia, Ireland, Spain, and internationally. It offers news, books, and convenience for travelling customers. It operates stores in airports, hospitals, railway stations, and motorway service areas. The company is also involved in International Travel Retail, UK Travel Retail, and North America. The company was fo… Read more
WH Smith PLC (WHTPF) - Net Assets
Latest net assets as of August 2025: $148.01 Million USD
Based on the latest financial reports, WH Smith PLC (WHTPF) has net assets worth $148.01 Million USD as of August 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.46 Billion) and total liabilities ($1.31 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 | $148.01 Million |
| % of Total Assets | 10.15% |
| Annual Growth Rate | 1.73% |
| 5-Year Change | -19.12% |
| 10-Year Change | -11.9% |
| Growth Volatility | 31.4 |
WH Smith PLC - Net Assets Trend (2005–2025)
This chart illustrates how WH Smith 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 WH Smith PLC (2005–2025)
The table below shows the annual net assets of WH Smith PLC from 2005 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-08-31 | $148.01 Million | -66.81% |
| 2024-08-31 | $446.00 Million | +31.18% |
| 2023-08-31 | $340.00 Million | +9.32% |
| 2022-08-31 | $311.00 Million | +69.95% |
| 2021-08-31 | $183.00 Million | -19.38% |
| 2020-08-31 | $227.00 Million | -4.22% |
| 2019-08-31 | $237.00 Million | +11.79% |
| 2018-08-31 | $212.00 Million | +13.37% |
| 2017-08-31 | $187.00 Million | +11.31% |
| 2016-08-31 | $168.00 Million | +14.29% |
| 2015-08-31 | $147.00 Million | +45.54% |
| 2014-08-31 | $101.00 Million | -0.98% |
| 2013-08-31 | $102.00 Million | -31.54% |
| 2012-08-31 | $149.00 Million | -4.49% |
| 2011-08-31 | $156.00 Million | -16.13% |
| 2010-08-31 | $186.00 Million | -1.06% |
| 2009-08-31 | $188.00 Million | +16.77% |
| 2008-08-31 | $161.00 Million | -29.07% |
| 2007-08-31 | $227.00 Million | +35.12% |
| 2006-08-31 | $168.00 Million | +60.00% |
| 2005-08-31 | $105.00 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to WH Smith 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 6989400000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (August 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $68.89 Million | 43.67% |
| Common Stock | $27.96 Million | 17.72% |
| Other Comprehensive Income | $-1.00 Million | -0.63% |
| Other Components | $61.91 Million | 39.24% |
| Total Equity | $157.76 Million | 100.00% |
WH Smith PLC Competitors by Market Cap
The table below lists competitors of WH Smith PLC ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Bolsa Mexicana de Valores S.A.B. de C.V
OTCGREY:BOMXF
|
$1.05 Billion |
|
Ternium Argentina SA
BA:TXAR
|
$1.05 Billion |
|
Air Transport Services Group Inc
NASDAQ:ATSG
|
$1.05 Billion |
|
Dorian LPG Ltd
NYSE:LPG
|
$1.05 Billion |
|
Wockhardt Limited
NSE:WOCKPHARMA
|
$1.05 Billion |
|
Taiji Computer Corp Ltd
SHE:002368
|
$1.05 Billion |
|
Precinct Properties New Zealand Limited
PINK:AOTUF
|
$1.05 Billion |
|
Hanwha Investment&Securities Co Ltd
KO:003530
|
$1.05 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in WH Smith PLC's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 416,000,000 to 157,758,000, a change of -258,242,000 (-62.1%).
- Net loss of 144,000,000 reduced equity.
- Dividend payments of 43,000,000 reduced retained earnings.
- Share repurchases of 50,000,000 reduced equity.
- Other comprehensive income decreased equity by 1,000,000.
- Other factors decreased equity by 20,242,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-144.00 Million | -91.28% |
| Dividends Paid | $43.00 Million | -27.26% |
| Share Repurchases | $50.00 Million | -31.69% |
| Other Comprehensive Income | $-1.00 Million | -0.63% |
| Other Changes | $-20.24 Million | -12.83% |
| Total Change | $- | -62.08% |
Book Value vs Market Value Analysis
This analysis compares WH Smith 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: 10.63x
- 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 20.39x to 10.63x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-08-31 | $0.65 | $13.21 | x |
| 2006-08-31 | $1.05 | $13.21 | x |
| 2007-08-31 | $1.39 | $13.21 | x |
| 2008-08-31 | $0.96 | $13.21 | x |
| 2009-08-31 | $1.21 | $13.21 | x |
| 2010-08-31 | $1.23 | $13.21 | x |
| 2011-08-31 | $1.10 | $13.21 | x |
| 2012-08-31 | $1.11 | $13.21 | x |
| 2013-08-31 | $0.80 | $13.21 | x |
| 2014-08-31 | $0.83 | $13.21 | x |
| 2015-08-31 | $1.25 | $13.21 | x |
| 2016-08-31 | $1.46 | $13.21 | x |
| 2017-08-31 | $1.67 | $13.21 | x |
| 2018-08-31 | $1.93 | $13.21 | x |
| 2019-08-31 | $2.16 | $13.21 | x |
| 2020-08-31 | $1.85 | $13.21 | x |
| 2021-08-31 | $1.32 | $13.21 | x |
| 2022-08-31 | $2.23 | $13.21 | x |
| 2023-08-31 | $2.40 | $13.21 | x |
| 2024-08-31 | $3.18 | $13.21 | x |
| 2025-08-31 | $1.24 | $13.21 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently WH Smith 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): -91.28%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -9.28%
- • Asset Turnover: 1.06x
- • Equity Multiplier: 9.24x
- Recent ROE (-91.28%) is below the historical average (26.02%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 20.95% | 1.55% | 2.63x | 5.16x | $11.50 Million |
| 2006 | 19.05% | 2.39% | 2.55x | 3.13x | $15.20 Million |
| 2007 | 26.43% | 4.62% | 2.51x | 2.28x | $37.30 Million |
| 2008 | 36.65% | 4.36% | 2.77x | 3.03x | $42.90 Million |
| 2009 | 33.51% | 4.70% | 2.71x | 2.63x | $44.20 Million |
| 2010 | 37.10% | 5.26% | 2.56x | 2.76x | $50.40 Million |
| 2011 | 46.79% | 5.73% | 2.67x | 3.06x | $57.40 Million |
| 2012 | 53.69% | 6.44% | 2.66x | 3.13x | $65.10 Million |
| 2013 | 79.41% | 6.83% | 2.56x | 4.54x | $70.80 Million |
| 2014 | 91.09% | 7.92% | 2.54x | 4.52x | $81.90 Million |
| 2015 | 68.71% | 8.57% | 2.58x | 3.10x | $86.30 Million |
| 2016 | 64.29% | 8.91% | 2.58x | 2.80x | $91.20 Million |
| 2017 | 62.03% | 9.40% | 2.53x | 2.61x | $97.30 Million |
| 2018 | 50.94% | 8.56% | 2.39x | 2.49x | $86.80 Million |
| 2019 | 45.11% | 7.59% | 1.87x | 3.17x | $82.50 Million |
| 2020 | -107.66% | -23.41% | 0.71x | 6.52x | $-261.20 Million |
| 2021 | -47.40% | -9.26% | 0.66x | 7.80x | $-99.30 Million |
| 2022 | 15.93% | 3.36% | 0.83x | 5.74x | $17.50 Million |
| 2023 | 24.92% | 4.41% | 1.09x | 5.21x | $47.30 Million |
| 2024 | 16.11% | 3.49% | 1.03x | 4.49x | $25.40 Million |
| 2025 | -91.28% | -9.28% | 1.06x | 9.24x | $-159.78 Million |
Industry Comparison
This section compares WH Smith 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 |
|---|---|---|---|---|
| WH Smith PLC (WHTPF) | $148.01 Million | 20.95% | 8.85x | $1.05 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 |