Tritax Big Box REIT plc (BBOX) - Net Assets
Based on the latest financial reports, Tritax Big Box REIT plc (BBOX) has net assets worth GBX4.63 Billion GBX (≈ $563.64K USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX6.99 Billion ≈ $850.15K USD) and total liabilities (GBX2.35 Billion ≈ $286.51K USD). 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. Check asset resilience ratio of Tritax Big Box REIT plc to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | GBX4.63 Billion |
| % of Total Assets | 66.3% |
| Annual Growth Rate | 24.67% |
| 5-Year Change | 56.35% |
| 10-Year Change | 443.03% |
| Growth Volatility | 26.18 |
Tritax Big Box REIT plc - Net Assets Trend (2014–2024)
This chart illustrates how Tritax Big Box REIT plc's net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of Tritax Big Box REIT plc for the complete picture of this company's asset base.
Annual Net Assets for Tritax Big Box REIT plc (2014–2024)
The table below shows the annual net assets of Tritax Big Box REIT plc from 2014 to 2024. For live valuation and market cap data, see Tritax Big Box REIT plc stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | GBX4.57 Billion ≈ $555.72K |
+36.99% |
| 2023-12-31 | GBX3.33 Billion ≈ $405.65K |
-0.48% |
| 2022-12-31 | GBX3.35 Billion ≈ $407.60K |
-17.82% |
| 2021-12-31 | GBX4.08 Billion ≈ $495.99K |
+39.54% |
| 2020-12-31 | GBX2.92 Billion ≈ $355.44K |
+14.06% |
| 2019-12-31 | GBX2.56 Billion ≈ $311.62K |
+14.29% |
| 2018-12-31 | GBX2.24 Billion ≈ $272.65K |
+16.14% |
| 2017-12-31 | GBX1.93 Billion ≈ $234.76K |
+36.40% |
| 2016-12-31 | GBX1.41 Billion ≈ $172.11K |
+68.18% |
| 2015-12-31 | GBX841.10 Million ≈ $102.34K |
+67.04% |
| 2014-12-31 | GBX503.53 Million ≈ $61.26K |
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Equity Component Analysis
This analysis shows how different components contribute to Tritax Big Box 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 grown by 320440000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | GBX3.20 Billion | 70.16% |
| Common Stock | GBX24.80 Million | 0.54% |
| Other Comprehensive Income | GBX1.29 Billion | 28.22% |
| Other Components | GBX49.20 Million | 1.08% |
| Total Equity | GBX4.57 Billion | 100.00% |
Tritax Big Box REIT plc Competitors by Market Cap
The table below lists competitors of Tritax Big Box REIT plc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Krungdhep Sophon Public Company Limited
BK:KWC
|
$49.56 Million |
|
Unimech Group Bhd
KLSE:7091
|
$49.57 Million |
|
Alchemy Investments Acquisition Corp 1 Class A Ordinary Shares
NASDAQ:ALCY
|
$49.57 Million |
|
180 Degree Capital Corp
NASDAQ:TURN
|
$49.60 Million |
|
Chin Well Holdings Bhd
KLSE:5007
|
$49.48 Million |
|
Smart Digital Group Limited Ordinary Shares
NASDAQ:SDM
|
$49.44 Million |
|
Matrix Composites & Engineering Ltd
AU:MCE
|
$49.43 Million |
|
IGLOO SECURITY Inc
KQ:067920
|
$49.42 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Tritax Big Box REIT plc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,334,000,000 to 4,567,400,000, a change of 1,233,400,000 (37.0%).
- Net income of 445,500,000 contributed positively to equity growth.
- Dividend payments of 174,100,000 reduced retained earnings.
- Other comprehensive income decreased equity by 174,900,000.
- Other factors increased equity by 1,136,900,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | GBX445.50 Million | +9.75% |
| Dividends Paid | GBX174.10 Million | -3.81% |
| Other Comprehensive Income | GBX-174.90 Million | -3.83% |
| Other Changes | GBX1.14 Billion | +24.89% |
| Total Change | GBX- | 36.99% |
Book Value vs Market Value Analysis
This analysis compares Tritax Big Box 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: 74.67x
- 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 834833.61x to 74.67x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-02-28 | GBX0.00 | GBX150.60 | x |
| 2014-12-31 | GBX0.34 | GBX150.60 | x |
| 2015-12-31 | GBX0.57 | GBX150.60 | x |
| 2016-12-31 | GBX1.61 | GBX150.60 | x |
| 2017-12-31 | GBX1.51 | GBX150.60 | x |
| 2018-12-31 | GBX1.52 | GBX150.60 | x |
| 2019-12-31 | GBX1.52 | GBX150.60 | x |
| 2020-12-31 | GBX1.71 | GBX150.60 | x |
| 2021-12-31 | GBX2.30 | GBX150.60 | x |
| 2022-12-31 | GBX1.79 | GBX150.60 | x |
| 2023-12-31 | GBX1.77 | GBX150.60 | x |
| 2024-12-31 | GBX2.02 | GBX150.60 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Tritax Big Box 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): 9.75%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 151.38%
- • Asset Turnover: 0.04x
- • Equity Multiplier: 1.47x
- Recent ROE (9.75%) is above the historical average (8.40%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 7.12% | 218.92% | 0.02x | 1.43x | GBX-14.49 Million |
| 2015 | 15.93% | 97.09% | 0.11x | 1.49x | GBX49.87 Million |
| 2016 | 6.50% | 93.27% | 0.05x | 1.40x | GBX-49.56 Million |
| 2017 | 12.84% | 95.19% | 0.10x | 1.39x | GBX54.85 Million |
| 2018 | 11.27% | 95.69% | 0.08x | 1.40x | GBX28.48 Million |
| 2019 | 5.51% | 87.92% | 0.04x | 1.51x | GBX-114.92 Million |
| 2020 | 15.38% | 92.22% | 0.11x | 1.51x | GBX157.27 Million |
| 2021 | 23.86% | 97.64% | 0.18x | 1.37x | GBX564.95 Million |
| 2022 | -17.89% | 0.00% | -0.11x | 1.54x | GBX-934.40 Million |
| 2023 | 2.10% | 30.59% | 0.04x | 1.53x | GBX-263.40 Million |
| 2024 | 9.75% | 151.38% | 0.04x | 1.47x | GBX-11.24 Million |
Industry Comparison
This section compares Tritax Big Box REIT plc's net assets metrics with peer companies in the REIT - Industrial industry.
Industry Context
- Industry: REIT - Industrial
- Average net assets among peers: $1,600,408,800
- Average return on equity (ROE) among peers: 28.31%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Tritax Big Box REIT plc (BBOX) | GBX4.63 Billion | 7.12% | 0.51x | $49.51 Million |
| Big Yellow Group PLC (BYG) | $159.17 Million | 18.94% | 1.25x | $21.48 Million |
| LondonMetric Property Plc (LMP) | $1.01 Billion | 6.26% | 0.53x | $54.03 Million |
| Safestore Holdings Plc (SAFE) | $89.63 Million | 87.67% | 4.38x | $17.98 Million |
| Segro Plc (SGRO) | $6.56 Billion | 16.19% | 0.40x | $114.78 Million |
| Warehouse REIT plc (WHR) | $182.33 Million | 12.49% | 0.76x | $5.84 Million |
About Tritax Big Box REIT plc
Tritax Big Box REIT plc is the largest listed investor in high-quality logistics warehouse assets and controls the largest logistics-focused land platform in the UK. Tritax Big Box is committed to delivering attractive and sustainable returns for shareholders by investing in and actively managing existing built investments and land suitable for logistics development. The Company focuses on well-l… Read more