Alpha Real Trust Ltd

LSE:ARTL UK Asset Management
Market Cap
$1.50 Million
GBX12.30 Billion GBX
Market Cap Rank
#49582 Global
#1383 in UK
Share Price
GBX202.50
Change (1 day)
+0.00%
52-Week Range
GBX202.50 - GBX202.50
All Time High
GBX202.50
Categories
Companies in UK Asset Management Banking & Financial
About

Alpha Real Trust Limited specializes in investments in securities, services, and other related businesses. The fund seeks to invest in the United Kingdom and Europe.

Alpha Real Trust Ltd (ARTL) - Net Assets

Latest net assets as of September 2024: GBX125.83 Million GBX

Based on the latest financial reports, Alpha Real Trust Ltd (ARTL) has net assets worth GBX125.83 Million GBX as of September 2024.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX135.35 Million) and total liabilities (GBX9.52 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 GBX125.83 Million
% of Total Assets 92.97%
Annual Growth Rate 3.16%
5-Year Change -3.54%
10-Year Change 54.01%
Growth Volatility 14.75

Alpha Real Trust Ltd - Net Assets Trend (2007–2024)

This chart illustrates how Alpha Real 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 Alpha Real Trust Ltd (2007–2024)

The table below shows the annual net assets of Alpha Real Trust Ltd from 2007 to 2024.

Year Net Assets Change
2024-03-31 GBX123.11 Million -1.57%
2023-03-31 GBX125.07 Million -6.15%
2022-03-31 GBX133.26 Million +5.69%
2021-03-31 GBX126.08 Million -1.22%
2020-03-31 GBX127.63 Million -6.62%
2019-03-31 GBX136.67 Million +15.38%
2018-03-31 GBX118.45 Million +7.51%
2017-03-31 GBX110.17 Million +15.22%
2016-03-31 GBX95.62 Million +19.62%
2015-03-31 GBX79.94 Million +5.60%
2014-03-31 GBX75.69 Million -3.28%
2013-03-31 GBX78.26 Million +46.60%
2012-03-31 GBX53.38 Million -8.63%
2011-03-31 GBX58.43 Million -3.08%
2010-03-31 GBX60.28 Million -20.77%
2008-12-31 GBX76.09 Million +4.06%
2007-06-30 GBX73.12 Million --

Equity Component Analysis

This analysis shows how different components contribute to Alpha Real 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 grown by 2528.6% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (March 2024)

Component Amount Percentage
Retained Earnings GBX27.63 Million 22.44%
Other Comprehensive Income GBX32.88 Million 26.71%
Other Components GBX62.60 Million 50.85%
Total Equity GBX123.11 Million 100.00%

Alpha Real Trust Ltd Competitors by Market Cap

The table below lists competitors of Alpha Real Trust Ltd ranked by their market capitalization.

Company Market Cap
GRIID Infrastructure Inc. Warrant
NASDAQ:GRDIW
 		$234.53
GLOBE METALS
BE:G4U
 		$234.54
Koba Resources Ltd
AU:KOB
 		$234.80
FAST FIN 24 HLDG INH O.N.
F:FF24
 		$235.27
CHINA STARCH HLDGS
BE:46C1
 		$233.38
COL Financial Group Inc
PSE:COL
 		$233.22
Royal Standard Minerals Inc
PINK:RYSMF
 		$232.13
Cnergyico PK
KAR:CNERGY
 		$232.08

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Alpha Real Trust Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 125,067,000 to 123,106,000, a change of -1,961,000 (-1.6%).
  • Net loss of 929,000 reduced equity.
  • Dividend payments of 206,000 reduced retained earnings.
  • Other comprehensive income decreased equity by 7,722,000.
  • Other factors increased equity by 6,896,000.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income GBX-929.00K -0.75%
Dividends Paid GBX206.00K -0.17%
Other Comprehensive Income GBX-7.72 Million -6.27%
Other Changes GBX6.90 Million +5.6%
Total Change GBX- -1.57%

Book Value vs Market Value Analysis

This analysis compares Alpha Real 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: 96.44x
  • 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 202.20x to 96.44x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2008-12-31 GBX1.00 GBX202.50 x
2010-03-31 GBX0.91 GBX202.50 x
2011-03-31 GBX1.03 GBX202.50 x
2012-03-31 GBX1.03 GBX202.50 x
2013-03-31 GBX1.35 GBX202.50 x
2014-03-31 GBX1.06 GBX202.50 x
2015-03-31 GBX1.13 GBX202.50 x
2016-03-31 GBX1.36 GBX202.50 x
2017-03-31 GBX1.59 GBX202.50 x
2018-03-31 GBX1.88 GBX202.50 x
2019-03-31 GBX2.02 GBX202.50 x
2020-03-31 GBX2.11 GBX202.50 x
2021-03-31 GBX2.09 GBX202.50 x
2022-03-31 GBX2.17 GBX202.50 x
2023-03-31 GBX2.13 GBX202.50 x
2024-03-31 GBX2.10 GBX202.50 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Alpha Real 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): -0.75%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -10.07%
  • • Asset Turnover: 0.07x
  • • Equity Multiplier: 1.08x
  • Recent ROE (-0.75%) is below the historical average (4.65%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2008 2.24% 42.43% 0.05x 1.13x GBX-5.73 Million
2010 -4.36% -497.16% 0.01x 1.31x GBX-8.66 Million
2011 -0.29% -3.61% 0.06x 1.32x GBX-6.01 Million
2012 0.65% 6.19% 0.05x 2.23x GBX-4.99 Million
2013 0.32% 2.96% 0.06x 1.83x GBX-7.57 Million
2014 2.07% 19.37% 0.06x 1.80x GBX-6.00 Million
2015 9.02% 83.96% 0.06x 1.68x GBX-779.50K
2016 16.98% 79.38% 0.13x 1.64x GBX6.67 Million
2017 11.70% 70.23% 0.10x 1.61x GBX1.87 Million
2018 11.01% 79.59% 0.14x 1.02x GBX1.19 Million
2019 16.46% 86.56% 0.17x 1.09x GBX8.82 Million
2020 2.76% 65.97% 0.04x 1.08x GBX-9.25 Million
2021 0.02% 1.59% 0.01x 1.07x GBX-12.59 Million
2022 6.12% 67.41% 0.08x 1.07x GBX-5.17 Million
2023 0.50% 21.19% 0.02x 1.08x GBX-11.88 Million
2024 -0.75% -10.07% 0.07x 1.08x GBX-13.24 Million

Industry Comparison

This section compares Alpha Real Trust Ltd's net assets metrics with peer companies in the Asset Management industry.

Industry Context

  • Industry: Asset Management
  • Average net assets among peers: $395,694,700
  • Average return on equity (ROE) among peers: -81.73%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Alpha Real Trust Ltd (ARTL) GBX125.83 Million 2.24% 0.08x $233.87
3I Infrastructure PLC (3IN) $1.09 Billion 8.57% 0.18x $396.99K
450 PLC (450) $1.30 Million -791.13% 5.03x $1.71K
abrdn Asian Income Fund Limited (AAIF) $431.48 Million 11.10% 0.09x $315.37
Abrdn Asia Focus PLC (AAS) $464.40 Million -2.37% 0.15x $434.78
Albion Technology & General VCT PLC (AATG) $34.46 Million 4.41% 0.01x $78.71
Aberdeen Diversified Income and Growth Trust PLC (ADIG) $492.42 Million 0.00% 0.32x $16.61
Aquila Energy Efficiency Trust PLC (AEET) $97.38 Million -0.64% 0.00x $2.38K
Aquila European Renewables Income PLC (AERI) $320.23 Million -9.29% 0.00x $2.45K
Artemis UK Future Leaders plc (AFL) $84.35 Million -40.52% 0.02x $401.26
AVI Global Trust PLC (AGT) $938.94 Million 2.59% 0.12x $2.83 Million