Assetco Plc
AssetCo plc engages in acquiring, managing, and operating asset and wealth management activities and interests. It also offers investment management and advisory services, as well as is involved in the marketing of thematic exchange traded funds. The company was incorporated in 2003 and is headquartered in London, the United Kingdom.
Assetco Plc (ASTO) - Net Assets
Latest net assets as of September 2024: GBX53.12 Million GBX
Based on the latest financial reports, Assetco Plc (ASTO) has net assets worth GBX53.12 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 (GBX60.52 Million) and total liabilities (GBX7.40 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 | GBX53.12 Million |
| % of Total Assets | 87.77% |
| Annual Growth Rate | 17.21% |
| 5-Year Change | 64.23% |
| 10-Year Change | 171.08% |
| Growth Volatility | 138.7 |
Assetco Plc - Net Assets Trend (2001–2024)
This chart illustrates how Assetco 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 Assetco Plc (2001–2024)
The table below shows the annual net assets of Assetco Plc from 2001 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-09-30 | GBX53.12 Million | -1.53% |
| 2023-09-30 | GBX53.94 Million | -37.67% |
| 2022-09-30 | GBX86.54 Million | +54.16% |
| 2021-09-30 | GBX56.14 Million | +73.56% |
| 2020-09-30 | GBX32.34 Million | +8.34% |
| 2019-09-30 | GBX29.86 Million | -0.38% |
| 2018-09-30 | GBX29.97 Million | +7.84% |
| 2017-09-30 | GBX27.79 Million | +6.66% |
| 2016-09-30 | GBX26.06 Million | +32.97% |
| 2015-09-30 | GBX19.59 Million | +33.15% |
| 2014-09-30 | GBX14.72 Million | +48.51% |
| 2013-09-30 | GBX9.91 Million | +11.58% |
| 2012-09-30 | GBX8.88 Million | +111.80% |
| 2011-09-30 | GBX-75.26 Million | +11.85% |
| 2010-03-31 | GBX-85.38 Million | -264.71% |
| 2009-03-31 | GBX51.84 Million | +14.48% |
| 2008-03-31 | GBX45.28 Million | +71.49% |
| 2007-03-31 | GBX26.40 Million | +565.71% |
| 2006-03-31 | GBX3.97 Million | +33.90% |
| 2005-03-31 | GBX2.96 Million | +2.67% |
| 2004-03-31 | GBX2.88 Million | +132.66% |
| 2003-03-31 | GBX1.24 Million | +74.65% |
| 2002-03-31 | GBX710.00K | -44.14% |
| 2001-03-31 | GBX1.27 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Assetco 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 911.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (September 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | GBX7.09 Million | 13.35% |
| Other Components | GBX46.03 Million | 86.65% |
| Total Equity | GBX53.12 Million | 100.00% |
Assetco Plc Competitors by Market Cap
The table below lists competitors of Assetco Plc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Hemlo Mining Corp.
V:HMMC
|
$38.51K |
|
AHT Syngas Technology NV
F:3SQ1
|
$38.54K |
|
GALAXY ENTERTAIN
BE:KW9A
|
$38.55K |
|
Bukit Darah PLC
CM:BUKIN0000
|
$38.56K |
|
SAINSBURY - Dusseldorf Stock Exchang
DU:SUY1
|
$38.48K |
|
Metals Exploration Plc
LSE:MTL
|
$38.48K |
|
American Commerce Solutions Inc
PINK:AACS
|
$38.47K |
|
Novae Group Plc
STU:NVAL
|
$38.47K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Assetco Plc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 53,942,000 to 53,119,000, a change of -823,000 (-1.5%).
- Net loss of 2,452,000 reduced equity.
- Other comprehensive income decreased equity by 43,810,999.
- Other factors increased equity by 45,439,999.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | GBX-2.45 Million | -4.62% |
| Other Comprehensive Income | GBX-43.81 Million | -82.48% |
| Other Changes | GBX45.44 Million | +85.54% |
| Total Change | GBX- | -1.53% |
Book Value vs Market Value Analysis
This analysis compares Assetco 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: 97.90x
- 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 0.53x to 97.90x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2004-03-31 | GBX68.69 | GBX36.50 | x |
| 2005-03-31 | GBX701.56 | GBX36.50 | x |
| 2006-03-31 | GBX88.20 | GBX36.50 | x |
| 2007-03-31 | GBX52.19 | GBX36.50 | x |
| 2008-03-31 | GBX64.75 | GBX36.50 | x |
| 2009-03-31 | GBX69.94 | GBX36.50 | x |
| 2010-03-31 | GBX-100.45 | GBX36.50 | x |
| 2011-09-30 | GBX-0.68 | GBX36.50 | x |
| 2012-09-30 | GBX0.08 | GBX36.50 | x |
| 2013-09-30 | GBX0.08 | GBX36.50 | x |
| 2014-09-30 | GBX0.12 | GBX36.50 | x |
| 2015-09-30 | GBX0.16 | GBX36.50 | x |
| 2016-09-30 | GBX0.21 | GBX36.50 | x |
| 2017-09-30 | GBX0.23 | GBX36.50 | x |
| 2018-09-30 | GBX0.25 | GBX36.50 | x |
| 2019-09-30 | GBX0.24 | GBX36.50 | x |
| 2020-09-30 | GBX0.26 | GBX36.50 | x |
| 2021-09-30 | GBX0.61 | GBX36.50 | x |
| 2022-09-30 | GBX0.85 | GBX36.50 | x |
| 2023-09-30 | GBX0.38 | GBX36.50 | x |
| 2024-09-30 | GBX0.37 | GBX36.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Assetco 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): -4.62%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -17.71%
- • Asset Turnover: 0.23x
- • Equity Multiplier: 1.14x
- Recent ROE (-4.62%) is below the historical average (48.74%), 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 | -32.48% | -70.24% | 0.29x | 1.59x | GBX-1.23 Million |
| 2005 | 4.02% | 3.03% | 0.87x | 1.52x | GBX-177.20K |
| 2006 | 7.89% | 6.38% | 0.68x | 1.83x | GBX-83.60K |
| 2007 | 12.22% | 3.56% | 0.79x | 4.34x | GBX585.80K |
| 2008 | 17.75% | 12.45% | 0.36x | 4.00x | GBX3.51 Million |
| 2009 | 3.23% | 4.92% | 0.17x | 3.84x | GBX-3.51 Million |
| 2010 | 0.00% | -88.75% | 0.58x | 0.00x | GBX-14.73 Million |
| 2011 | 0.00% | -45.30% | 0.95x | 0.00x | GBX-14.67 Million |
| 2012 | 961.83% | 536.46% | 1.02x | 1.76x | GBX84.53 Million |
| 2013 | 12.71% | 7.13% | 1.29x | 1.38x | GBX268.10K |
| 2014 | 15.31% | 15.40% | 0.84x | 1.18x | GBX781.40K |
| 2015 | 20.48% | 18.53% | 0.97x | 1.14x | GBX2.05 Million |
| 2016 | 17.67% | 19.76% | 0.75x | 1.20x | GBX2.00 Million |
| 2017 | 7.82% | 8.73% | 0.76x | 1.17x | GBX-606.10K |
| 2018 | 4.73% | 6.20% | 0.65x | 1.17x | GBX-1.58 Million |
| 2019 | -2.56% | -14.28% | 0.17x | 1.07x | GBX-3.75 Million |
| 2020 | 10.39% | 0.00% | 0.00x | 1.04x | GBX126.50K |
| 2021 | 26.23% | 3626.47% | 0.01x | 1.06x | GBX9.15 Million |
| 2022 | -9.63% | -103.24% | 0.08x | 1.16x | GBX-17.20 Million |
| 2023 | -49.50% | -178.24% | 0.21x | 1.34x | GBX-32.09 Million |
| 2024 | -4.62% | -17.71% | 0.23x | 1.14x | GBX-7.76 Million |
Industry Comparison
This section compares Assetco Plc's net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $381,578,830
- Average return on equity (ROE) among peers: 2.08%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Assetco Plc (ASTO) | GBX53.12 Million | -32.48% | 0.14x | $38.49K |
| 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 |
| Artemis UK Future Leaders plc (AFL) | $111.28 Million | 27.82% | 0.00x | $409.33 |
| AVI Global Trust PLC (AGT) | $1.11 Billion | 12.82% | 0.15x | $2.81 Million |