Alternative Income REIT PLC
Alternative Income REIT PLC aims to generate a secure and predictable income return, sustainable in real terms, whilst at least maintaining capital values, in real terms, through investment in a diversified portfolio of UK properties, predominantly within alternative and specialist sectors. The majority of the assets in the Group's portfolio are let on long leases which contain index-linked rent … Read more
Alternative Income REIT PLC (AIRE) - Net Assets
Latest net assets as of June 2025: GBX67.33 Million GBX
Based on the latest financial reports, Alternative Income REIT PLC (AIRE) has net assets worth GBX67.33 Million GBX as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX111.16 Million) and total liabilities (GBX43.83 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 | GBX67.33 Million |
| % of Total Assets | 60.57% |
| Annual Growth Rate | -1.79% |
| 5-Year Change | -2.27% |
| 10-Year Change | N/A |
| Growth Volatility | 8.27 |
Alternative Income REIT PLC - Net Assets Trend (2018–2025)
This chart illustrates how Alternative Income REIT 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 Alternative Income REIT PLC (2018–2025)
The table below shows the annual net assets of Alternative Income REIT PLC from 2018 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | GBX67.33 Million | +3.39% |
| 2024-06-30 | GBX65.12 Million | -3.88% |
| 2023-06-30 | GBX67.75 Million | -12.69% |
| 2022-06-30 | GBX77.60 Million | +12.64% |
| 2021-06-30 | GBX68.89 Million | +2.39% |
| 2020-06-30 | GBX67.29 Million | -11.84% |
| 2019-06-30 | GBX76.32 Million | -0.13% |
| 2018-06-30 | GBX76.42 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Alternative Income REIT 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 98.5% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | GBX1.14 Million | 1.70% |
| Common Stock | GBX805.00K | 1.20% |
| Other Comprehensive Income | GBX65.38 Million | 97.11% |
| Other Components | GBX1.00 | 0.00% |
| Total Equity | GBX67.33 Million | 100.00% |
Alternative Income REIT PLC Competitors by Market Cap
The table below lists competitors of Alternative Income REIT PLC ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Tandlianwala Sugar Mills Limited
KAR:TSML
|
$7.81K |
|
XCPCNL Business Services Corporation
PINK:XCPL
|
$7.82K |
|
S & J International Enterprises PCL (SNJ)
BK:SNJ
|
$7.82K |
|
Yueda Digital Holding
NASDAQ:YDKG
|
$7.82K |
|
Suez Canal Bank S.A.E
EGX:CANA
|
$7.80K |
|
AUST AGRICULTURAL (AY5.SG)
STU:AY5
|
$7.80K |
|
TRITAX EUROBOX PLC LS-01
F:5L7
|
$7.80K |
|
Examobile SA
WAR:EXA
|
$7.78K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Alternative Income REIT PLC's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 65,121,000 to 67,327,000, a change of 2,206,000 (3.4%).
- Net income of 7,258,000 contributed positively to equity growth.
- Dividend payments of 5,052,000 reduced retained earnings.
- Other comprehensive income decreased equity by 5,052,000.
- Other factors increased equity by 5,052,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | GBX7.26 Million | +10.78% |
| Dividends Paid | GBX5.05 Million | -7.5% |
| Other Comprehensive Income | GBX-5.05 Million | -7.5% |
| Other Changes | GBX5.05 Million | +7.5% |
| Total Change | GBX- | 3.39% |
Book Value vs Market Value Analysis
This analysis compares Alternative Income REIT 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: 89.04x
- 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 78.48x to 89.04x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-06-30 | GBX0.95 | GBX74.50 | x |
| 2019-06-30 | GBX0.95 | GBX74.50 | x |
| 2020-06-30 | GBX0.84 | GBX74.50 | x |
| 2021-06-30 | GBX0.86 | GBX74.50 | x |
| 2022-06-30 | GBX0.96 | GBX74.50 | x |
| 2023-06-30 | GBX0.84 | GBX74.50 | x |
| 2024-06-30 | GBX0.81 | GBX74.50 | x |
| 2025-06-30 | GBX0.84 | GBX74.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Alternative Income REIT 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): 10.78%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 84.69%
- • Asset Turnover: 0.08x
- • Equity Multiplier: 1.65x
- Recent ROE (10.78%) is above the historical average (3.57%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | -1.17% | 0.00% | 0.00x | 1.42x | GBX-8.54 Million |
| 2019 | 5.55% | 85.62% | 0.04x | 1.56x | GBX-3.40 Million |
| 2020 | -7.51% | -64.66% | 0.07x | 1.65x | GBX-11.78 Million |
| 2021 | 8.09% | 75.21% | 0.07x | 1.64x | GBX-1.32 Million |
| 2022 | 16.97% | 166.64% | 0.06x | 1.57x | GBX5.41 Million |
| 2023 | -7.73% | -60.51% | 0.08x | 1.65x | GBX-12.02 Million |
| 2024 | 3.62% | 29.84% | 0.07x | 1.67x | GBX-4.16 Million |
| 2025 | 10.78% | 84.69% | 0.08x | 1.65x | GBX525.30K |
Industry Comparison
This section compares Alternative Income REIT PLC's net assets metrics with peer companies in the REIT - Diversified industry.
Industry Context
- Industry: REIT - Diversified
- Average net assets among peers: $209,089,895
- Average return on equity (ROE) among peers: 3.50%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Alternative Income REIT PLC (AIRE) | GBX67.33 Million | -1.17% | 0.65x | $7.81K |
| AEW UK REIT Plc (AEWU) | $167.10 Million | -6.78% | 0.40x | $20.37K |
| abrdn Property Income Trust Ltd. (API) | $312.78 Million | 10.21% | 0.49x | $890.56 |
| Custodian REIT PLC (CREI) | $415.20 Million | 7.81% | 0.31x | $49.58K |
| Ground Rents Income Fund PLC (GRIO) | $134.81 Million | -7.93% | 0.00x | $2.79K |
| Palace Capital PLC (PCA) | $157.83 Million | -3.51% | 0.91x | $5.27K |
| Picton Property Income Ltd (PCTN) | $214.10 Million | 17.44% | 1.17x | $51.02K |
| Real Estate Investors PLC (RLE) | $125.44 Million | 2.92% | 0.93x | $6.68K |
| Schroder European Reit Plc (SERE) | $164.10 Million | 0.35% | 0.49x | $9.98K |
| Schroder Real Estate Investment Trust Ltd (SREI) | $190.44 Million | 10.96% | 0.71x | $31.42K |