abrdn Property Income Trust Ltd.
The objective of abrdn Property Income Trust Limited is to provide shareholders with an attractive level of income together with the prospect of income and capital growth. The Board intends to achieve the investment objective by investing in a diversified portfolio of UK commercial properties in the industrial, office, retail and "other' sectors, where "other' includes leisure, data centres, stud… Read more
abrdn Property Income Trust Ltd. (API) - Net Assets
Latest net assets as of June 2025: GBX28.70 Million GBX
Based on the latest financial reports, abrdn Property Income Trust Ltd. (API) has net assets worth GBX28.70 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 (GBX29.75 Million) and total liabilities (GBX1.05 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 | GBX28.70 Million |
| % of Total Assets | 96.47% |
| Annual Growth Rate | -6.1% |
| 5-Year Change | -90.84% |
| 10-Year Change | -90.29% |
| Growth Volatility | 38.82 |
abrdn Property Income Trust Ltd. - Net Assets Trend (2010–2024)
This chart illustrates how abrdn Property Income Trust Ltd.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for abrdn Property Income Trust Ltd. (2010–2024)
The table below shows the annual net assets of abrdn Property Income Trust Ltd. from 2010 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | GBX30.36 Million | -89.81% |
| 2023-12-31 | GBX298.08 Million | -7.80% |
| 2022-12-31 | GBX323.29 Million | -19.35% |
| 2021-12-31 | GBX400.85 Million | +20.92% |
| 2020-12-31 | GBX331.51 Million | -9.13% |
| 2019-12-31 | GBX364.79 Million | -1.24% |
| 2018-12-31 | GBX369.39 Million | +6.76% |
| 2017-12-31 | GBX346.00 Million | +12.18% |
| 2016-12-31 | GBX308.44 Million | -1.39% |
| 2015-12-31 | GBX312.78 Million | +69.65% |
| 2014-12-31 | GBX184.37 Million | +81.48% |
| 2013-12-31 | GBX101.59 Million | +26.00% |
| 2012-12-31 | GBX80.63 Million | -7.59% |
| 2011-12-31 | GBX87.26 Million | +18.99% |
| 2010-12-31 | GBX73.33 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to abrdn Property Income Trust Ltd.'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 100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | GBX228.38 Million | 752.16% |
| Other Comprehensive Income | GBX-179.62 Million | -591.56% |
| Total Equity | GBX30.36 Million | 100.00% |
abrdn Property Income Trust Ltd. Competitors by Market Cap
The table below lists competitors of abrdn Property Income Trust Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
BRITAM HOLDINGS PLC
XNAI:BRITAM
|
$890.63 |
|
Riverstone Energy Ltd
LSE:RSE
|
$891.27 |
|
SHMIF
OTCGREY:SHMIF
|
$891.27 |
|
Tricida Inc
STU:1T7
|
$891.28 |
|
International Digital Holding Inc
PINK:IDIG
|
$890.09 |
|
Pruksa Holding PCL
STU:2PR3
|
$887.16 |
|
Manila Broadcasting Co
PSE:MBC
|
$885.95 |
|
At-Tahur Ltd.
KAR:PREMA
|
$885.29 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in abrdn Property Income Trust Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 298,078,443 to 30,363,831, a change of -267,714,612 (-89.8%).
- Net loss of 42,894,200 reduced equity.
- Dividend payments of 15,248,759 reduced retained earnings.
- Share repurchases of 198,233,868 reduced equity.
- Other comprehensive income decreased equity by 267,714,611.
- Other factors increased equity by 256,376,826.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | GBX-42.89 Million | -141.27% |
| Dividends Paid | GBX15.25 Million | -50.22% |
| Share Repurchases | GBX198.23 Million | -652.86% |
| Other Comprehensive Income | GBX-267.71 Million | -881.69% |
| Other Changes | GBX256.38 Million | +844.35% |
| Total Change | GBX- | -89.81% |
Book Value vs Market Value Analysis
This analysis compares abrdn Property Income Trust Ltd.'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: 25.08x
- 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 3.12x to 25.08x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2010-12-31 | GBX0.64 | GBX2.00 | x |
| 2011-12-31 | GBX0.70 | GBX2.00 | x |
| 2012-12-31 | GBX0.58 | GBX2.00 | x |
| 2013-12-31 | GBX0.68 | GBX2.00 | x |
| 2014-12-31 | GBX0.99 | GBX2.00 | x |
| 2015-12-31 | GBX1.12 | GBX2.00 | x |
| 2016-12-31 | GBX0.81 | GBX2.00 | x |
| 2017-12-31 | GBX0.89 | GBX2.00 | x |
| 2018-12-31 | GBX0.92 | GBX2.00 | x |
| 2019-12-31 | GBX0.90 | GBX2.00 | x |
| 2020-12-31 | GBX0.82 | GBX2.00 | x |
| 2021-12-31 | GBX1.01 | GBX2.00 | x |
| 2022-12-31 | GBX0.83 | GBX2.00 | x |
| 2023-12-31 | GBX0.78 | GBX2.00 | x |
| 2024-12-31 | GBX0.08 | GBX2.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently abrdn Property Income Trust Ltd. 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): -141.27%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: -0.60x
- • Equity Multiplier: 1.60x
- Recent ROE (-141.27%) is below the historical average (-3.61%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2010 | 18.95% | 89.98% | 0.09x | 2.42x | GBX6.56 Million |
| 2011 | 4.79% | 75.69% | 0.03x | 2.08x | GBX-4.55 Million |
| 2012 | -1.77% | 0.00% | 0.00x | 2.18x | GBX-9.49 Million |
| 2013 | 11.64% | 71.79% | 0.09x | 1.89x | GBX1.66 Million |
| 2014 | 15.50% | 88.96% | 0.12x | 1.51x | GBX10.15 Million |
| 2015 | 10.21% | 91.26% | 0.07x | 1.49x | GBX661.32K |
| 2016 | 4.60% | 79.74% | 0.04x | 1.45x | GBX-16.65 Million |
| 2017 | 12.27% | 91.61% | 0.10x | 1.35x | GBX7.87 Million |
| 2018 | 8.38% | 86.39% | 0.07x | 1.39x | GBX-5.99 Million |
| 2019 | 4.43% | 66.93% | 0.05x | 1.39x | GBX-20.34 Million |
| 2020 | -4.76% | 0.00% | -0.01x | 1.39x | GBX-48.93 Million |
| 2021 | 21.39% | 89.01% | 0.18x | 1.31x | GBX45.65 Million |
| 2022 | -15.79% | 0.00% | -0.09x | 1.38x | GBX-83.38 Million |
| 2023 | -2.77% | -25.49% | 0.07x | 1.53x | GBX-38.08 Million |
| 2024 | -141.27% | 0.00% | -0.60x | 1.60x | GBX-45.93 Million |
Industry Comparison
This section compares abrdn Property Income Trust Ltd.'s net assets metrics with peer companies in the REIT - Diversified industry.
Industry Context
- Industry: REIT - Diversified
- Average net assets among peers: $181,816,974
- Average return on equity (ROE) among peers: 3.56%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| abrdn Property Income Trust Ltd. (API) | GBX28.70 Million | 18.95% | 0.04x | $890.56 |
| AEW UK REIT Plc (AEWU) | $167.10 Million | -6.78% | 0.40x | $20.37K |
| Alternative Income REIT PLC (AIRE) | $67.33 Million | 10.78% | 0.65x | $7.81K |
| 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 |