Baillie Gifford European Growth Trust PLC (BGEU) - Net Assets
Based on the latest financial reports, Baillie Gifford European Growth Trust PLC (BGEU) has net assets worth £353.92 Million GBP (≈ $475.28 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (£409.51 Million ≈ $549.93 Million USD) and total liabilities (£55.59 Million ≈ $74.65 Million 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. Read total liabilities of Baillie Gifford European Growth Trust PL for a breakdown of total debt and financial obligations.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | £353.92 Million |
| % of Total Assets | 86.42% |
| Annual Growth Rate | 0.46% |
| 5-Year Change | -36.97% |
| 10-Year Change | 0.93% |
| Growth Volatility | 17.86 |
Baillie Gifford European Growth Trust PLC - Net Assets Trend (2003–2025)
This chart illustrates how Baillie Gifford European Growth Trust PLC's net assets have evolved over time, based on quarterly financial data. Also explore BGEU total asset value for the complete picture of this company's asset base.
Annual Net Assets for Baillie Gifford European Growth Trust PLC (2003–2025)
The table below shows the annual net assets of Baillie Gifford European Growth Trust PLC from 2003 to 2025. For live valuation and market cap data, see market value of Baillie Gifford European Growth Trust PL.
| Year | Net Assets | Change |
|---|---|---|
| 2025-09-30 | £353.92 Million ≈ $475.28 Million |
-3.42% |
| 2024-09-30 | £366.43 Million ≈ $492.08 Million |
+11.92% |
| 2023-09-30 | £327.39 Million ≈ $439.65 Million |
+5.47% |
| 2022-09-30 | £310.40 Million ≈ $416.83 Million |
-44.72% |
| 2021-09-30 | £561.54 Million ≈ $754.10 Million |
+24.06% |
| 2020-09-30 | £452.64 Million ≈ $607.85 Million |
+21.04% |
| 2019-09-30 | £373.94 Million ≈ $502.17 Million |
-9.75% |
| 2018-09-30 | £414.32 Million ≈ $556.39 Million |
-5.88% |
| 2017-09-30 | £440.20 Million ≈ $591.15 Million |
+25.54% |
| 2016-09-30 | £350.66 Million ≈ $470.90 Million |
+12.30% |
| 2015-09-30 | £312.24 Million ≈ $419.31 Million |
-7.27% |
| 2014-09-30 | £336.73 Million ≈ $452.20 Million |
+4.18% |
| 2013-09-30 | £323.22 Million ≈ $434.06 Million |
+25.90% |
| 2012-09-30 | £256.72 Million ≈ $344.76 Million |
+8.16% |
| 2011-09-30 | £237.35 Million ≈ $318.74 Million |
-14.58% |
| 2010-09-30 | £277.85 Million ≈ $373.12 Million |
-4.24% |
| 2009-09-30 | £290.15 Million ≈ $389.65 Million |
-0.76% |
| 2008-09-30 | £292.38 Million ≈ $392.64 Million |
-37.06% |
| 2007-09-30 | £464.52 Million ≈ $623.81 Million |
+14.22% |
| 2006-09-30 | £406.69 Million ≈ $546.15 Million |
+3.92% |
| 2005-09-30 | £391.35 Million ≈ $525.55 Million |
+18.82% |
| 2004-09-30 | £329.36 Million ≈ $442.30 Million |
+2.98% |
| 2003-09-30 | £319.83 Million ≈ $429.50 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Baillie Gifford European Growth Trust 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 decreased by 0.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (September 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | £10.06 Million | 2.84% |
| Other Comprehensive Income | £209.80 Million | 59.28% |
| Other Components | £134.05 Million | 37.88% |
| Total Equity | £353.92 Million | 100.00% |
Baillie Gifford European Growth Trust PLC Competitors by Market Cap
The table below lists competitors of Baillie Gifford European Growth Trust PLC ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Galatasaray Sportif Sinai ve Ticari Yatirimlar AS
IS:GSRAY
|
$317.48 Million |
|
Favite Inc
TW:3535
|
$317.55 Million |
|
LTC Co.Ltd
KQ:170920
|
$317.58 Million |
|
Firm Capital Mortgage Invest Corp
TO:FC
|
$317.59 Million |
|
Interarch Building Products Limited
NSE:INTERARCH
|
$317.47 Million |
|
Good Finance Securities Co Ltd
TWO:6021
|
$317.41 Million |
|
Hylink Digital Solution Co Ltd
SHG:603825
|
$317.33 Million |
|
Dabaco
VN:DBC
|
$317.31 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Baillie Gifford European Growth Trust PLC's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 366,431,000 to 353,916,000, a change of -12,515,000 (-3.4%).
- Net income of 16,429,000 contributed positively to equity growth.
- Dividend payments of 2,092,000 reduced retained earnings.
- Share repurchases of 26,548,000 reduced equity.
- Other comprehensive income increased equity by 201,053,000.
- Other factors decreased equity by 201,357,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | £16.43 Million | +4.64% |
| Dividends Paid | £2.09 Million | -0.59% |
| Share Repurchases | £26.55 Million | -7.5% |
| Other Comprehensive Income | £201.05 Million | +56.81% |
| Other Changes | £-201.36 Million | -56.89% |
| Total Change | £- | -3.42% |
Book Value vs Market Value Analysis
This analysis compares Baillie Gifford European Growth Trust 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: 97.92x
- 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 229.86x to 97.92x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2003-09-30 | £0.44 | £101.50 | x |
| 2004-09-30 | £0.48 | £101.50 | x |
| 2005-09-30 | £0.58 | £101.50 | x |
| 2006-09-30 | £0.70 | £101.50 | x |
| 2007-09-30 | £0.86 | £101.50 | x |
| 2008-09-30 | £0.58 | £101.50 | x |
| 2009-09-30 | £0.61 | £101.50 | x |
| 2010-09-30 | £0.63 | £101.50 | x |
| 2011-09-30 | £0.56 | £101.50 | x |
| 2012-09-30 | £0.61 | £101.50 | x |
| 2013-09-30 | £0.77 | £101.50 | x |
| 2014-09-30 | £0.80 | £101.50 | x |
| 2015-09-30 | £0.74 | £101.50 | x |
| 2016-09-30 | £0.83 | £101.50 | x |
| 2017-09-30 | £1.05 | £101.50 | x |
| 2018-09-30 | £0.99 | £101.50 | x |
| 2019-09-30 | £0.92 | £101.50 | x |
| 2020-09-30 | £1.20 | £101.50 | x |
| 2021-09-30 | £1.54 | £101.50 | x |
| 2022-09-30 | £0.86 | £101.50 | x |
| 2023-09-30 | £0.91 | £101.50 | x |
| 2024-09-30 | £1.03 | £101.50 | x |
| 2025-09-30 | £1.04 | £101.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Baillie Gifford European Growth Trust 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): 4.64%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 114.40%
- • Asset Turnover: 0.04x
- • Equity Multiplier: 1.16x
- Recent ROE (4.64%) is above the historical average (4.00%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2003 | 20.21% | 93.52% | 0.20x | 1.06x | £32.64 Million |
| 2004 | 10.98% | 88.36% | 0.11x | 1.08x | £3.22 Million |
| 2005 | 23.36% | 94.43% | 0.22x | 1.13x | £52.27 Million |
| 2006 | 15.21% | 90.33% | 0.15x | 1.09x | £21.18 Million |
| 2007 | 20.00% | 92.85% | 0.20x | 1.09x | £46.46 Million |
| 2008 | -50.33% | 0.00% | -0.47x | 1.05x | £-176.40 Million |
| 2009 | 6.34% | 85.91% | 0.07x | 1.01x | £-10.62 Million |
| 2010 | 3.37% | 78.93% | 0.04x | 1.02x | £-18.41 Million |
| 2011 | -13.83% | 0.00% | -0.12x | 1.03x | £-56.56 Million |
| 2012 | 10.84% | 95.83% | 0.11x | 1.01x | £2.16 Million |
| 2013 | 22.66% | 98.05% | 0.23x | 1.01x | £40.91 Million |
| 2014 | 6.26% | 93.48% | 0.07x | 1.01x | £-12.59 Million |
| 2015 | -5.82% | 0.00% | -0.05x | 1.02x | £-49.40 Million |
| 2016 | 12.91% | 97.92% | 0.13x | 1.03x | £10.20 Million |
| 2017 | 23.43% | 100.23% | 0.23x | 1.01x | £59.11 Million |
| 2018 | -2.31% | 0.00% | -0.02x | 1.03x | £-51.00 Million |
| 2019 | -5.63% | 0.00% | -0.05x | 1.00x | £-58.44 Million |
| 2020 | 27.57% | 99.49% | 0.27x | 1.04x | £79.55 Million |
| 2021 | 18.99% | 98.76% | 0.18x | 1.10x | £50.50 Million |
| 2022 | -78.10% | -652.87% | 0.10x | 1.17x | £-273.46 Million |
| 2023 | 8.52% | 129.01% | 0.06x | 1.16x | £-4.86 Million |
| 2024 | 12.68% | 96.85% | 0.12x | 1.14x | £9.83 Million |
| 2025 | 4.64% | 114.40% | 0.04x | 1.16x | £-18.96 Million |
Industry Comparison
This section compares Baillie Gifford European Growth Trust PLC's net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $1,015,379,900
- Average return on equity (ROE) among peers: 8.44%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Baillie Gifford European Growth Trust PLC (BGEU) | £353.92 Million | 20.21% | 0.16x | $317.48 Million |
| 3I Infrastructure PLC (3IN) | $1.32 Billion | 20.19% | 0.05x | $41.35 Million |
| Albion Enterprise VCT PLC (AAEV) | $52.46 Million | 9.68% | 0.01x | $3.29 Million |
| abrdn Asian Income Fund Limited (AAIF) | $413.45 Million | -4.13% | 0.10x | $5.51 Million |
| Abrdn Asia Focus PLC (AAS) | $502.26 Million | 7.43% | 0.16x | $7.37 Million |
| Albion Technology & General VCT PLC (AATG) | $106.99 Million | 18.59% | 0.01x | $3.15 Million |
| Abrdn PLC (ABDN) | $6.81 Billion | 12.23% | 0.54x | $53.74 Million |
| Aberdeen Diversified Income and Growth Trust PLC (ADIG) | $377.79 Million | 10.81% | 0.24x | $450.86K |
| Aquila Energy Efficiency Trust PLC (AEET) | $94.28 Million | 0.32% | 0.01x | $249.70K |
| Aquila European Renewables Income PLC (AERI) | $320.23 Million | -9.29% | 0.00x | $71.84 Million |
| Artemis UK Future Leaders plc (AFL) | $152.03 Million | 18.55% | 0.02x | $430.72 |
About Baillie Gifford European Growth Trust PLC
The European Investment Trust plc is a closed ended equity mutual fund launched and managed by Edinburgh Partners AIFM Limited. The fund is co-managed by Edinburgh Partners Limited. It invests in public equity markets of Europe, excluding the United Kingdom. The fund seeks to invest in stocks of companies operating across diversified sectors. It primarily invests in value stocks of companies. The… Read more