Schroder European Real Estate PLC

JSE:SCD South Africa REIT - Diversified
Market Cap
$9.65 Billion
ZAC18.16 Trillion ZAC
Market Cap Rank
#36145 Global
#118 in South Africa
Share Price
ZAC138200.00
Change (1 day)
+0.00%
52-Week Range
ZAC1505.00 - ZAC199400.00
All Time High
ZAC199400.00
About

SEREIT invests in European growth cities and regions. It is a UK closed ended real estate investment company incorporated on 9 January 2015. Since 9 December 2015, the Company has been listed on the Main Market of the London Stock Exchange (ticker: SERE). It also has a secondary listing on the Main Board of the Johannesburg Stock Exchange (ticker: SCD).

Schroder European Real Estate PLC (SCD) - Net Assets

Latest net assets as of September 2025: ZAC156.66 Million ZAC

Based on the latest financial reports, Schroder European Real Estate PLC (SCD) has net assets worth ZAC156.66 Million ZAC as of September 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (ZAC231.76 Million) and total liabilities (ZAC75.10 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 ZAC156.66 Million
% of Total Assets 67.59%
Annual Growth Rate -0.55%
5-Year Change -21.49%
10-Year Change N/A
Growth Volatility 7.02

Schroder European Real Estate PLC - Net Assets Trend (2016–2025)

This chart illustrates how Schroder European Real Estate 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 Schroder European Real Estate PLC (2016–2025)

The table below shows the annual net assets of Schroder European Real Estate PLC from 2016 to 2025.

Year Net Assets Change
2025-09-30 ZAC156.66 Million -4.54%
2024-09-30 ZAC164.10 Million -4.28%
2023-09-30 ZAC171.44 Million -8.93%
2022-09-30 ZAC188.24 Million -5.66%
2021-09-30 ZAC199.53 Million -1.14%
2020-09-30 ZAC201.83 Million +10.84%
2019-09-30 ZAC182.09 Million +0.01%
2018-09-30 ZAC182.07 Million -2.12%
2017-09-30 ZAC186.02 Million +13.04%
2016-09-30 ZAC164.56 Million --

Equity Component Analysis

This analysis shows how different components contribute to Schroder European Real Estate 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 10098500000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (September 2025)

Component Amount Percentage
Retained Earnings ZAC97.50 Million 62.24%
Other Components ZAC59.16 Million 37.76%
Total Equity ZAC156.66 Million 100.00%

Schroder European Real Estate PLC Competitors by Market Cap

The table below lists competitors of Schroder European Real Estate PLC ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Schroder European Real Estate PLC's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 164,097,000 to 156,655,000, a change of -7,442,000 (-4.5%).
  • Net income of 2,229,000 contributed positively to equity growth.
  • Dividend payments of 7,856,000 reduced retained earnings.
  • Share repurchases of 1,815,000 reduced equity.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income ZAC2.23 Million +1.42%
Dividends Paid ZAC7.86 Million -5.01%
Share Repurchases ZAC1.81 Million -1.16%
Total Change ZAC- -4.54%

Book Value vs Market Value Analysis

This analysis compares Schroder European Real Estate 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: 115927.25x
  • 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 increased from 103642.39x to 115927.25x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2017-09-30 ZAC1.33 ZAC138200.00 x
2018-09-30 ZAC1.36 ZAC138200.00 x
2019-09-30 ZAC1.36 ZAC138200.00 x
2020-09-30 ZAC1.51 ZAC138200.00 x
2021-09-30 ZAC1.49 ZAC138200.00 x
2022-09-30 ZAC1.41 ZAC138200.00 x
2023-09-30 ZAC1.28 ZAC138200.00 x
2024-09-30 ZAC1.23 ZAC138200.00 x
2025-09-30 ZAC1.19 ZAC138200.00 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Schroder European Real Estate 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): 1.42%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 32.91%
  • • Asset Turnover: 0.03x
  • • Equity Multiplier: 1.48x
  • Recent ROE (1.42%) is below the historical average (3.59%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2016 -2.15% 0.00% -0.01x 1.44x ZAC-19.18 Million
2017 5.77% 77.10% 0.05x 1.40x ZAC-7.54 Million
2018 7.24% 70.49% 0.08x 1.32x ZAC-5.03 Million
2019 4.09% 57.53% 0.05x 1.39x ZAC-10.75 Million
2020 14.07% 82.63% 0.12x 1.38x ZAC8.22 Million
2021 3.13% 21.96% 0.10x 1.40x ZAC-13.72 Million
2022 7.43% 39.91% 0.13x 1.43x ZAC-4.83 Million
2023 -5.47% 0.00% -0.03x 1.49x ZAC-26.53 Million
2024 0.35% 12.85% 0.02x 1.49x ZAC-15.83 Million
2025 1.42% 32.91% 0.03x 1.48x ZAC-13.44 Million

Industry Comparison

This section compares Schroder European Real Estate PLC's net assets metrics with peer companies in the REIT - Diversified industry.

Industry Context

  • Industry: REIT - Diversified
  • Average net assets among peers: $9,366,490,910
  • Average return on equity (ROE) among peers: -4.16%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Schroder European Real Estate PLC (SCD) ZAC156.66 Million -2.15% 0.48x $965.14K
aReit Prop Ltd (APO) $913.92 Million -1.01% 0.00x $17.94K
Attacq (ATT) $13.90 Billion 4.53% 0.97x $6.06 Million
Burstone Group Limited (BTN) $14.65 Billion 11.65% 1.13x $3.98 Million
Emira Property Fund (EMI) $7.35 Billion 6.36% 0.81x $3.32 Million
Growthpoint Properties Ltd (GRT) $2.69 Billion -37.36% 22.82x $30.34 Million
Oasis Crescent Property Fund (OAS) $1.08 Billion 7.96% 0.04x $388.09K
Octodec (OCT) $6.42 Billion 3.37% 0.78x $2.07 Million
Redefine Properties Ltd (RDF) $38.83 Billion -42.78% 1.12x $25.15 Million
Rebosis Property Fund Ltd (REA) $3.19 Billion -9.14% 3.24x $91.53K
Rebosis (REB) $4.64 Billion 14.78% 0.69x $91.53K