Tritax Big Box REIT plc (BBOX) - Net Assets
Based on the latest financial reports, Tritax Big Box REIT plc (BBOX) has net assets worth GBX5.04 Billion GBX (≈ $613.02K USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX7.86 Billion ≈ $956.54K USD) and total liabilities (GBX2.82 Billion ≈ $343.53K 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 allocation strategy of Tritax Big Box REIT plc to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | GBX5.04 Billion |
| % of Total Assets | 64.09% |
| Annual Growth Rate | 23.35% |
| 5-Year Change | 24.28% |
| 10-Year Change | 258.16% |
| Growth Volatility | 25.41 |
Tritax Big Box REIT plc - Net Assets Trend (2014–2025)
This chart illustrates how Tritax Big Box REIT plc's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see Tritax Big Box REIT plc stock valuation.
Annual Net Assets for Tritax Big Box REIT plc (2014–2025)
The table below shows the annual net assets of Tritax Big Box REIT plc from 2014 to 2025. Also explore Tritax Big Box REIT plc net asset momentum to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | GBX5.07 Billion ≈ $616.42K |
+10.92% |
| 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 |
-- |
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 389460000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | GBX3.89 Billion | 76.99% |
| Common Stock | GBX27.00 Million | 0.53% |
| Other Comprehensive Income | GBX1.09 Billion | 21.51% |
| Other Components | GBX49.20 Million | 0.97% |
| Total Equity | GBX5.06 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 |
|---|---|
|
Spectral AI Inc.
NASDAQ:MDAI
|
$47.57 Million |
|
Ado Optronics
TWO:3516
|
$47.57 Million |
|
Loyal Metals Ltd
AU:LLM
|
$47.58 Million |
|
Cj Seafood
KO:011150
|
$47.60 Million |
|
Kolon Industries Inc
KO:120115
|
$47.55 Million |
|
Lay Hong Bhd
KLSE:9385
|
$47.55 Million |
|
Public Packages Holdings Bhd
KLSE:8273
|
$47.54 Million |
|
VirnetX Holding Corp Common Stock
NASDAQ:VHC
|
$47.52 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 2024 to 2025, total equity changed from 4,567,400,000 to 5,058,900,000, a change of 491,500,000 (10.8%).
- Net income of 363,300,000 contributed positively to equity growth.
- Dividend payments of 199,800,000 reduced retained earnings.
- Other comprehensive income decreased equity by 200,900,000.
- Other factors increased equity by 528,900,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | GBX363.30 Million | +7.18% |
| Dividends Paid | GBX199.80 Million | -3.95% |
| Other Comprehensive Income | GBX-200.90 Million | -3.97% |
| Other Changes | GBX528.90 Million | +10.45% |
| Total Change | GBX- | 10.76% |
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: 71.89x
- 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 798247.28x to 71.89x 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 | GBX144.00 | x |
| 2014-12-31 | GBX0.34 | GBX144.00 | x |
| 2015-12-31 | GBX0.57 | GBX144.00 | x |
| 2016-12-31 | GBX1.61 | GBX144.00 | x |
| 2017-12-31 | GBX1.51 | GBX144.00 | x |
| 2018-12-31 | GBX1.52 | GBX144.00 | x |
| 2019-12-31 | GBX1.52 | GBX144.00 | x |
| 2020-12-31 | GBX1.71 | GBX144.00 | x |
| 2021-12-31 | GBX2.30 | GBX144.00 | x |
| 2022-12-31 | GBX1.79 | GBX144.00 | x |
| 2023-12-31 | GBX1.77 | GBX144.00 | x |
| 2024-12-31 | GBX2.02 | GBX144.00 | x |
| 2025-12-31 | GBX2.00 | GBX144.00 | 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): 7.18%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 105.46%
- • Asset Turnover: 0.04x
- • Equity Multiplier: 1.59x
- Recent ROE (7.18%) is below the historical average (8.30%), suggesting potential challenges in 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 |
| 2025 | 7.18% | 105.46% | 0.04x | 1.59x | GBX-142.59 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: $923,474,600
- Average return on equity (ROE) among peers: 27.54%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Tritax Big Box REIT plc (BBOX) | GBX5.04 Billion | 7.12% | 0.56x | $47.56 Million |
| Big Yellow Group PLC (BYG) | $2.18 Billion | 31.92% | 0.22x | $19.58 Million |
| LondonMetric Property Plc (LMP) | $639.34 Million | 0.84% | 0.57x | $50.56 Million |
| Safestore Holdings Plc (SAFE) | $89.63 Million | 87.67% | 4.38x | $14.20 Million |
| Segro Plc (SGRO) | $1.52 Billion | 4.79% | 0.58x | $153.92 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 targets 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-located, modern logi… Read more