Albion Development VCT PLC

LSE:AADV UK
Market Cap
$1.53 Million
GBX12.56 Billion GBX
Market Cap Rank
#50078 Global
#1475 in UK
Share Price
GBX85.00
Change (1 day)
+0.00%
52-Week Range
GBX85.00 - GBX85.00
All Time High
GBX87.50
Categories
Companies in UK
About

Albion Development VCT PLC is a venture capital trust specialized investments in early stage and growth stage investments. The fund provides equity and debt finance to growing unquoted companies across various sectors. The fund invests in technology-orientated companies, service and asset-backed businesses software and computer services, fintech and medical technology sectors. It also invests in … Read more

Albion Development VCT PLC (AADV) - Net Assets

Latest net assets as of June 2024: GBX142.76 Million GBX

Based on the latest financial reports, Albion Development VCT PLC (AADV) has net assets worth GBX142.76 Million GBX as of June 2024.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX143.82 Million) and total liabilities (GBX1.06 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 GBX142.76 Million
% of Total Assets 99.26%
Annual Growth Rate 9.44%
5-Year Change 70.66%
10-Year Change 247.42%
Growth Volatility 28.74

Albion Development VCT PLC - Net Assets Trend (1999–2023)

This chart illustrates how Albion Development VCT 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 Albion Development VCT PLC (1999–2023)

The table below shows the annual net assets of Albion Development VCT PLC from 1999 to 2023.

Year Net Assets Change
2023-12-31 GBX119.63 Million +4.52%
2022-12-31 GBX114.46 Million +17.23%
2021-12-31 GBX97.64 Million +27.84%
2020-12-31 GBX76.38 Million +8.96%
2019-12-31 GBX70.10 Million +10.61%
2018-12-31 GBX63.38 Million +18.81%
2017-12-31 GBX53.35 Million +21.01%
2016-12-31 GBX44.09 Million +13.33%
2015-12-31 GBX38.90 Million +12.97%
2014-12-31 GBX34.44 Million +7.60%
2013-12-31 GBX32.00 Million +6.30%
2012-12-31 GBX30.11 Million +31.43%
2011-12-31 GBX22.91 Million +4.02%
2010-12-31 GBX22.02 Million -6.40%
2009-12-31 GBX23.53 Million -7.50%
2008-12-31 GBX25.43 Million -17.66%
2007-12-31 GBX30.89 Million +1.96%
2006-12-31 GBX30.29 Million +121.29%
2005-12-31 GBX13.69 Million +2.29%
2004-12-31 GBX13.38 Million -39.62%
2003-12-31 GBX22.17 Million +57.31%
2002-12-31 GBX14.09 Million +3.22%
2001-12-31 GBX13.65 Million -3.85%
2000-12-31 GBX14.20 Million +3.35%
1999-12-31 GBX13.74 Million --

Equity Component Analysis

This analysis shows how different components contribute to Albion Development VCT 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 1190357.1% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2023)

Component Amount Percentage
Retained Earnings GBX83.33 Million 69.66%
Common Stock GBX1.54 Million 1.29%
Other Comprehensive Income GBX83.33 Million 69.66%
Total Equity GBX119.63 Million 100.00%

Albion Development VCT PLC Competitors by Market Cap

The table below lists competitors of Albion Development VCT PLC ranked by their market capitalization.

Company Market Cap
Peer To Peer Network
PINK:PTOP
 		$103.46
Golden Prospect Precious Metals Ltd
LSE:GPM
 		$103.47
Bounce Mobile Systems Inc
PINK:BNCM
 		$103.55
PLATSEARCH
BE:P2T
 		$103.83
Adynxx Inc
PINK:ADYX
 		$102.99
BUMI RESOURCES - Dusseldorf Stock Exchang
DU:PJM
 		$102.67
Dito CME Holdings Corp
PSE:DITO
 		$101.90
MALAWI PROPERTY INVESTMENT COMPANY
MSE:MPICO
 		$101.63

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Albion Development VCT PLC's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2022 to 2023, total equity changed from 114,458,000 to 119,633,000, a change of 5,175,000 (4.5%).
  • Net income of 5,753,000 contributed positively to equity growth.
  • Dividend payments of 5,105,000 reduced retained earnings.
  • Share repurchases of 2,480,000 reduced equity.
  • New share issuances of 7,043,000 increased equity.
  • Other comprehensive income increased equity by 83,332,000.
  • Other factors decreased equity by 83,368,000.

Equity Change Factors (2022 to 2023)

Factor Impact Contribution
Net Income GBX5.75 Million +4.81%
Dividends Paid GBX5.11 Million -4.27%
Share Repurchases GBX2.48 Million -2.07%
Share Issuances GBX7.04 Million +5.89%
Other Comprehensive Income GBX83.33 Million +69.66%
Other Changes GBX-83.37 Million -69.69%
Total Change GBX- 4.52%

Book Value vs Market Value Analysis

This analysis compares Albion Development VCT 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: 95.22x
  • 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 76.02x to 95.22x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1999-12-31 GBX1.12 GBX85.00 x
2000-12-31 GBX0.97 GBX85.00 x
2001-12-31 GBX0.93 GBX85.00 x
2002-12-31 GBX0.96 GBX85.00 x
2003-12-31 GBX1.51 GBX85.00 x
2004-12-31 GBX0.39 GBX85.00 x
2005-12-31 GBX1.03 GBX85.00 x
2006-12-31 GBX0.93 GBX85.00 x
2007-12-31 GBX0.99 GBX85.00 x
2008-12-31 GBX0.84 GBX85.00 x
2009-12-31 GBX0.79 GBX85.00 x
2010-12-31 GBX0.75 GBX85.00 x
2011-12-31 GBX0.75 GBX85.00 x
2012-12-31 GBX0.95 GBX85.00 x
2013-12-31 GBX0.95 GBX85.00 x
2014-12-31 GBX0.95 GBX85.00 x
2015-12-31 GBX0.74 GBX85.00 x
2016-12-31 GBX0.72 GBX85.00 x
2017-12-31 GBX0.79 GBX85.00 x
2018-12-31 GBX0.85 GBX85.00 x
2019-12-31 GBX0.86 GBX85.00 x
2020-12-31 GBX0.83 GBX85.00 x
2021-12-31 GBX0.96 GBX85.00 x
2022-12-31 GBX0.95 GBX85.00 x
2023-12-31 GBX0.89 GBX85.00 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Albion Development VCT 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): 4.81%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 65.36%
  • • Asset Turnover: 0.07x
  • • Equity Multiplier: 1.01x
  • Recent ROE (4.81%) is below the historical average (5.27%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1999 2.38% 0.00% 0.00x 1.03x GBX-1.05 Million
2000 4.01% 35.87% 0.11x 1.03x GBX-849.70K
2001 4.65% 87.71% 0.05x 1.04x GBX-730.10K
2002 4.53% 0.00% 0.00x 1.05x GBX-770.10K
2003 3.45% 93.01% 0.04x 1.03x GBX-1.44 Million
2004 5.04% 60.21% 0.08x 1.04x GBX-663.40K
2005 2.78% 7.86% 0.35x 1.01x GBX-988.00K
2006 3.48% 485.25% 0.01x 1.00x GBX-1.98 Million
2007 4.83% 33.06% 0.14x 1.01x GBX-1.60 Million
2008 4.67% 1798.48% 0.00x 1.01x GBX-1.36 Million
2009 2.98% 351.00% 0.01x 1.01x GBX-1.65 Million
2010 2.03% 23.17% 0.09x 1.01x GBX-1.75 Million
2011 1.83% 17.04% 0.11x 1.01x GBX-1.87 Million
2012 5.46% 85.49% 0.06x 1.01x GBX-1.37 Million
2013 8.23% 93.24% 0.09x 1.01x GBX-567.20K
2014 5.60% 86.84% 0.06x 1.01x GBX-1.52 Million
2015 4.16% 87.94% 0.05x 1.01x GBX-2.27 Million
2016 6.49% 93.26% 0.07x 1.01x GBX-1.55 Million
2017 9.17% 95.68% 0.10x 1.01x GBX-443.60K
2018 17.70% 97.98% 0.18x 1.01x GBX4.88 Million
2019 3.84% 90.89% 0.04x 1.01x GBX-4.30 Million
2020 3.84% 91.17% 0.04x 1.01x GBX-4.67 Million
2021 17.88% 98.17% 0.18x 1.03x GBX7.69 Million
2022 -1.97% 0.00% -0.02x 1.01x GBX-13.70 Million
2023 4.81% 65.36% 0.07x 1.01x GBX-6.21 Million

Industry Comparison

This section compares Albion Development VCT PLC's net assets metrics with peer companies in the same industry.

Industry Context

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Albion Development VCT PLC (AADV) GBX142.76 Million 2.38% 0.01x $103.22
Nyfosa AB (0A0K) $2.92 Billion 39.50% 2.88x $941.30 Million
High Templar Tech Limited (0A2T) $12.04 Billion -3.01% 0.06x $224.39 Million
Strategy Inc (0A7O) $529.73 Million 4.25% 0.62x $31.76 Billion
NACON SASU (0A9N) $67.54 Million 15.85% 1.20x $5.44 Million
Antin Infrastructure Partners (0AA5) $37.87 Million 244.84% 2.17x $618.20 Million
Truecaller AB Series B (0AA7) $1.25 Billion 31.07% 0.32x $255.92 Million
Brockhaus Technologies AG (0AAW) $2.50 Million -1.32% 0.01x $76.00 Million
Hyloris Pharmaceuticals S.A. (0AB6) $-10.19 Million 0.00% 0.00x $55.87 Million
Kalray S.A. (0ABT) $56.65 Million -20.64% 0.42x $33.84 Million
Danieli & C Officine Meccaniche SpA (0APM) $2.01 Billion 3.98% 1.71x $2.86 Billion