Artemis UK Future Leaders plc
Artemis UK Future Leaders Plc is a closed-ended equity mutual fund launched and managed by Invesco Fund Managers Limited. It is co-managed by Invesco Asset Management Limited. The fund invests in the public equity markets of the United Kingdom. It seeks to invest in stocks of companies operating across diversified sectors. The fund primarily invests in reasonably priced growth (GARP) stocks of sm… Read more
Artemis UK Future Leaders plc (AFL) - Net Assets
Latest net assets as of July 2025: GBX134.71 Million GBX
Based on the latest financial reports, Artemis UK Future Leaders plc (AFL) has net assets worth GBX134.71 Million GBX as of July 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX136.57 Million) and total liabilities (GBX1.87 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 | GBX134.71 Million |
| % of Total Assets | 98.63% |
| Annual Growth Rate | 2.57% |
| 5-Year Change | -28.6% |
| 10-Year Change | -34.2% |
| Growth Volatility | 19.91 |
Artemis UK Future Leaders plc - Net Assets Trend (2004–2025)
This chart illustrates how Artemis UK Future Leaders 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 Artemis UK Future Leaders plc (2004–2025)
The table below shows the annual net assets of Artemis UK Future Leaders plc from 2004 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-01-31 | GBX136.64 Million | -15.34% |
| 2024-01-31 | GBX161.40 Million | -7.73% |
| 2023-01-31 | GBX174.91 Million | -20.76% |
| 2022-01-31 | GBX220.75 Million | +15.35% |
| 2021-01-31 | GBX191.38 Million | -6.75% |
| 2020-01-31 | GBX205.24 Million | +29.67% |
| 2019-01-31 | GBX158.28 Million | -11.36% |
| 2018-01-31 | GBX178.57 Million | -26.09% |
| 2017-01-31 | GBX241.60 Million | +16.35% |
| 2016-01-31 | GBX207.66 Million | +5.46% |
| 2015-01-31 | GBX196.91 Million | +0.60% |
| 2014-01-31 | GBX195.75 Million | +28.75% |
| 2013-01-31 | GBX152.03 Million | +19.93% |
| 2012-01-31 | GBX126.77 Million | -5.39% |
| 2011-01-31 | GBX134.00 Million | +20.41% |
| 2010-01-31 | GBX111.28 Million | +31.93% |
| 2009-01-31 | GBX84.35 Million | -32.51% |
| 2008-01-31 | GBX124.97 Million | -17.33% |
| 2007-01-31 | GBX151.16 Million | +18.41% |
| 2006-01-31 | GBX127.67 Million | +28.83% |
| 2005-01-31 | GBX99.10 Million | +23.57% |
| 2004-01-31 | GBX80.20 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Artemis UK Future Leaders 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 178000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (January 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | GBX1.78 Million | 1.30% |
| Common Stock | GBX6.08 Million | 4.45% |
| Other Comprehensive Income | GBX102.53 Million | 75.04% |
| Other Components | GBX26.26 Million | 19.21% |
| Total Equity | GBX136.64 Million | 100.00% |
Artemis UK Future Leaders plc Competitors by Market Cap
The table below lists competitors of Artemis UK Future Leaders plc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Artemis Alpha Trust
LSE:ATS
|
$409.46 |
|
School Specialty Inc
PINK:SCOO
|
$410.58 |
|
THE MAURITIUS DEVELOPMENT INVESTMENT TRUST LTD
SEM:MDIT
|
$410.95 |
|
PGI Incorporated
PINK:PGAI
|
$411.16 |
|
Invesco Asia Trust
LSE:IAT
|
$409.32 |
|
Sally Textile Mills Limited
KAR:SLYT
|
$408.87 |
|
NL2 Capital Inc.
V:NLII-P
|
$408.82 |
|
Global Opportunities Trust Ord
LSE:GOT
|
$408.62 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Artemis UK Future Leaders plc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 161,395,000 to 136,644,000, a change of -24,751,000 (-15.3%).
- Net loss of 2,458,000 reduced equity.
- Dividend payments of 22,007,000 reduced retained earnings.
- Share repurchases of 286,000 reduced equity.
- Other comprehensive income decreased equity by 24,000,000.
- Other factors increased equity by 24,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | GBX-2.46 Million | -1.8% |
| Dividends Paid | GBX22.01 Million | -16.11% |
| Share Repurchases | GBX286.00K | -0.21% |
| Other Comprehensive Income | GBX-24.00 Million | -17.56% |
| Other Changes | GBX24.00 Million | +17.56% |
| Total Change | GBX- | -15.34% |
Book Value vs Market Value Analysis
This analysis compares Artemis UK Future Leaders 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: 82.17x
- 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 298.40x to 82.17x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2004-01-31 | GBX1.15 | GBX343.50 | x |
| 2005-01-31 | GBX1.42 | GBX343.50 | x |
| 2006-01-31 | GBX1.86 | GBX343.50 | x |
| 2007-01-31 | GBX2.24 | GBX343.50 | x |
| 2008-01-31 | GBX1.96 | GBX343.50 | x |
| 2009-01-31 | GBX1.43 | GBX343.50 | x |
| 2010-01-31 | GBX1.93 | GBX343.50 | x |
| 2011-01-31 | GBX2.36 | GBX343.50 | x |
| 2012-01-31 | GBX2.33 | GBX343.50 | x |
| 2013-01-31 | GBX2.86 | GBX343.50 | x |
| 2014-01-31 | GBX3.68 | GBX343.50 | x |
| 2015-01-31 | GBX3.70 | GBX343.50 | x |
| 2016-01-31 | GBX3.90 | GBX343.50 | x |
| 2017-01-31 | GBX4.54 | GBX343.50 | x |
| 2018-01-31 | GBX4.18 | GBX343.50 | x |
| 2019-01-31 | GBX4.82 | GBX343.50 | x |
| 2020-01-31 | GBX6.22 | GBX343.50 | x |
| 2021-01-31 | GBX5.66 | GBX343.50 | x |
| 2022-01-31 | GBX6.53 | GBX343.50 | x |
| 2023-01-31 | GBX5.17 | GBX343.50 | x |
| 2024-01-31 | GBX4.77 | GBX343.50 | x |
| 2025-01-31 | GBX4.18 | GBX343.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Artemis UK Future Leaders 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): -1.80%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: -0.01x
- • Equity Multiplier: 1.09x
- Recent ROE (-1.80%) is below the historical average (8.71%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | 34.52% | 96.00% | 0.34x | 1.07x | GBX19.66 Million |
| 2005 | 19.77% | 92.66% | 0.21x | 1.03x | GBX9.68 Million |
| 2006 | 24.33% | 93.54% | 0.26x | 1.02x | GBX18.29 Million |
| 2007 | 19.15% | 93.20% | 0.20x | 1.01x | GBX13.82 Million |
| 2008 | -10.10% | 0.00% | -0.09x | 1.02x | GBX-25.12 Million |
| 2009 | -40.52% | 0.00% | -0.39x | 1.02x | GBX-42.62 Million |
| 2010 | 27.82% | 98.61% | 0.28x | 1.00x | GBX19.83 Million |
| 2011 | 21.76% | 97.74% | 0.22x | 1.01x | GBX15.76 Million |
| 2012 | -1.12% | 0.00% | -0.01x | 1.08x | GBX-14.09 Million |
| 2013 | 18.55% | 98.83% | 0.18x | 1.02x | GBX12.99 Million |
| 2014 | 23.96% | 99.31% | 0.24x | 1.02x | GBX27.33 Million |
| 2015 | 2.35% | 92.90% | 0.03x | 1.01x | GBX-15.07 Million |
| 2016 | 10.03% | 98.33% | 0.10x | 1.01x | GBX59.30K |
| 2017 | 17.22% | 99.07% | 0.17x | 1.01x | GBX17.45 Million |
| 2018 | 25.13% | 99.25% | 0.25x | 1.02x | GBX27.01 Million |
| 2019 | -8.46% | 0.00% | -0.08x | 1.01x | GBX-29.23 Million |
| 2020 | 23.03% | 99.18% | 0.23x | 1.00x | GBX26.74 Million |
| 2021 | -3.96% | 0.00% | -0.04x | 1.00x | GBX-26.71 Million |
| 2022 | 16.27% | 98.90% | 0.16x | 1.00x | GBX13.83 Million |
| 2023 | -21.80% | 0.00% | -0.21x | 1.02x | GBX-55.62 Million |
| 2024 | -4.55% | 0.00% | -0.03x | 1.06x | GBX-23.49 Million |
| 2025 | -1.80% | 0.00% | -0.01x | 1.09x | GBX-16.12 Million |
Industry Comparison
This section compares Artemis UK Future Leaders plc's net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $411,611,922
- Average return on equity (ROE) among peers: -0.78%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Artemis UK Future Leaders plc (AFL) | GBX134.71 Million | 34.52% | 0.01x | $409.33 |
| 3I Infrastructure PLC (3IN) | $1.25 Billion | 6.43% | 0.14x | $396.99K |
| 450 PLC (450) | $5.16 Million | -13.53% | 0.02x | $1.71K |
| abrdn Asian Income Fund Limited (AAIF) | $398.87 Million | 2.19% | 0.09x | $340.47 |
| Abrdn Asia Focus PLC (AAS) | $109.83 Million | -14.86% | 0.05x | $438.52 |
| Albion Technology & General VCT PLC (AATG) | $72.65 Million | 5.77% | 0.01x | $73.82 |
| Aberdeen Diversified Income and Growth Trust PLC (ADIG) | $343.29 Million | -4.87% | 0.24x | $16.84 |
| Aquila Energy Efficiency Trust PLC (AEET) | $97.38 Million | -0.64% | 0.00x | $2.38K |
| Aquila European Renewables Income PLC (AERI) | $316.90 Million | -0.37% | 0.13x | $2.47K |
| AVI Global Trust PLC (AGT) | $1.11 Billion | 12.82% | 0.15x | $2.81 Million |