Baronsmead Second Venture Trust Plc

LSE:BMD UK Asset Management
Market Cap
$2.51 Million
GBX20.65 Billion GBX
Market Cap Rank
#50362 Global
#1525 in UK
Share Price
GBX48.60
Change (1 day)
+0.00%
52-Week Range
GBX48.60 - GBX54.00
All Time High
GBX66.29
Categories
Companies in UK Asset Management Banking & Financial
About

Baronsmead Second Venture Trust plc is a venture capital trust managed by ISIS Equity Partners LLP. It invests in a portfolio of unquoted companies in the United Kingdom. The trust primarily invests in the media, business services, consumer, information technology support services, technology-enabled companies, and healthcare sectors. It also invests in companies raising new share capital on the … Read more

Baronsmead Second Venture Trust Plc (BMD) - Net Assets

Latest net assets as of September 2025: GBX221.19 Million GBX

Based on the latest financial reports, Baronsmead Second Venture Trust Plc (BMD) has net assets worth GBX221.19 Million GBX as of September 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX222.66 Million) and total liabilities (GBX1.47 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 GBX221.19 Million
% of Total Assets 99.34%
Annual Growth Rate 8.62%
5-Year Change -10.95%
10-Year Change 56.97%
Growth Volatility 20.12

Baronsmead Second Venture Trust Plc - Net Assets Trend (2001–2025)

This chart illustrates how Baronsmead Second Venture Trust 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 Baronsmead Second Venture Trust Plc (2001–2025)

The table below shows the annual net assets of Baronsmead Second Venture Trust Plc from 2001 to 2025.

Year Net Assets Change
2025-09-30 GBX221.19 Million -2.75%
2024-09-30 GBX227.44 Million +8.48%
2023-09-30 GBX209.66 Million -1.56%
2022-09-30 GBX212.99 Million -14.25%
2021-09-30 GBX248.37 Million +36.23%
2020-09-30 GBX182.32 Million +3.96%
2019-09-30 GBX175.38 Million -12.04%
2018-09-30 GBX199.39 Million +6.80%
2017-09-30 GBX186.69 Million +32.49%
2016-09-30 GBX140.91 Million +77.92%
2015-12-31 GBX79.20 Million +3.37%
2014-12-31 GBX76.62 Million +2.32%
2013-12-31 GBX74.88 Million +0.43%
2012-12-31 GBX74.56 Million +24.07%
2011-12-31 GBX60.09 Million -7.04%
2010-12-31 GBX64.64 Million +22.25%
2009-12-31 GBX52.88 Million -4.10%
2008-12-31 GBX55.14 Million +41.93%
2007-12-31 GBX38.85 Million -8.21%
2006-12-31 GBX42.32 Million +7.89%
2005-12-31 GBX39.23 Million +10.53%
2004-12-31 GBX35.49 Million +7.56%
2003-12-31 GBX32.99 Million +2.95%
2002-12-31 GBX32.05 Million +3.16%
2001-12-31 GBX31.07 Million --

Equity Component Analysis

This analysis shows how different components contribute to Baronsmead Second Venture 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 grown by 8773.3% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (September 2025)

Component Amount Percentage
Retained Earnings GBX1.33 Million 0.60%
Common Stock GBX46.43 Million 20.99%
Other Comprehensive Income GBX141.32 Million 63.89%
Other Components GBX32.10 Million 14.51%
Total Equity GBX221.19 Million 100.00%

Baronsmead Second Venture Trust Plc Competitors by Market Cap

The table below lists competitors of Baronsmead Second Venture Trust Plc ranked by their market capitalization.

Company Market Cap
PELAYARAN TEMPURAN
MU:P5TA
 		$54.38
RegalWorks Media Inc
PINK:RWMI
 		$54.50
OPTION (OINA.SG)
STU:OINA
 		$54.68
NuVim Inc
PINK:NUVM
 		$54.86
Copper For Commercial Investment & Real Estate Development
EGX:COPR
 		$54.23
HeadsUp Entertainment International Inc
PINK:HDUP
 		$54.20
betterU Education Corp
STU:5OGA
 		$53.90
Balai Ni Fruitas Inc.
PSE:BALAI
 		$53.76

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Baronsmead Second Venture Trust Plc's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 227,444,000 to 221,187,000, a change of -6,257,000 (-2.8%).
  • Net income of 2,569,000 contributed positively to equity growth.
  • Dividend payments of 15,994,000 reduced retained earnings.
  • New share issuances of 15,076,000 increased equity.
  • Other comprehensive income increased equity by 141,322,999.
  • Other factors decreased equity by 149,230,999.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income GBX2.57 Million +1.16%
Dividends Paid GBX15.99 Million -7.23%
Share Issuances GBX15.08 Million +6.82%
Other Comprehensive Income GBX141.32 Million +63.89%
Other Changes GBX-149.23 Million -67.47%
Total Change GBX- -2.75%

Book Value vs Market Value Analysis

This analysis compares Baronsmead Second Venture 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: 86.83x
  • 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 48.10x to 86.83x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2001-12-31 GBX1.01 GBX48.60 x
2002-12-31 GBX0.96 GBX48.60 x
2003-12-31 GBX0.97 GBX48.60 x
2004-12-31 GBX1.06 GBX48.60 x
2005-12-31 GBX1.16 GBX48.60 x
2006-12-31 GBX1.29 GBX48.60 x
2007-12-31 GBX1.21 GBX48.60 x
2008-12-31 GBX1.02 GBX48.60 x
2009-12-31 GBX0.98 GBX48.60 x
2010-12-31 GBX1.08 GBX48.60 x
2011-12-31 GBX1.00 GBX48.60 x
2012-12-31 GBX1.19 GBX48.60 x
2013-12-31 GBX1.13 GBX48.60 x
2014-12-31 GBX1.05 GBX48.60 x
2015-12-31 GBX1.06 GBX48.60 x
2016-09-30 GBX0.93 GBX48.60 x
2017-09-30 GBX0.98 GBX48.60 x
2018-09-30 GBX0.92 GBX48.60 x
2019-09-30 GBX0.78 GBX48.60 x
2020-09-30 GBX0.75 GBX48.60 x
2021-09-30 GBX0.90 GBX48.60 x
2022-09-30 GBX0.68 GBX48.60 x
2023-09-30 GBX0.60 GBX48.60 x
2024-09-30 GBX0.60 GBX48.60 x
2025-09-30 GBX0.56 GBX48.60 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Baronsmead Second Venture 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): 1.16%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 77.75%
  • • Asset Turnover: 0.01x
  • • Equity Multiplier: 1.01x
  • Recent ROE (1.16%) is below the historical average (3.24%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2001 2.49% 115.50% 0.02x 1.03x GBX-2.33 Million
2002 2.97% 1191.25% 0.00x 1.04x GBX-2.25 Million
2003 2.33% 337.72% 0.01x 1.06x GBX-2.53 Million
2004 1.16% 0.00% 0.00x 1.01x GBX-3.14 Million
2005 1.80% 0.00% 0.00x 1.02x GBX-3.22 Million
2006 1.34% 0.00% 0.00x 1.00x GBX-3.67 Million
2007 2.09% 0.00% 0.00x 1.01x GBX-3.07 Million
2008 2.40% 0.00% 0.00x 1.01x GBX-4.19 Million
2009 1.24% 0.00% 0.00x 1.01x GBX-4.63 Million
2010 1.94% 0.00% 0.00x 1.01x GBX-5.21 Million
2011 5.47% 90.00% 0.06x 1.01x GBX-2.72 Million
2012 12.02% 95.83% 0.12x 1.01x GBX1.50 Million
2013 12.16% 95.41% 0.13x 1.01x GBX1.62 Million
2014 4.82% 89.03% 0.05x 1.01x GBX-3.97 Million
2015 11.45% 95.02% 0.12x 1.01x GBX1.15 Million
2016 6.10% 187.63% 0.03x 1.01x GBX-5.49 Million
2017 5.98% 93.06% 0.06x 1.01x GBX-7.51 Million
2018 5.37% 94.28% 0.06x 1.01x GBX-9.24 Million
2019 -9.23% 0.00% -0.09x 1.01x GBX-33.73 Million
2020 4.22% 91.95% 0.05x 1.01x GBX-10.53 Million
2021 22.76% 98.84% 0.23x 1.01x GBX31.69 Million
2022 -23.46% 0.00% -0.23x 1.01x GBX-71.26 Million
2023 -3.30% 0.00% -0.03x 1.01x GBX-27.88 Million
2024 5.76% 69.56% 0.08x 1.01x GBX-9.65 Million
2025 1.16% 77.75% 0.01x 1.01x GBX-19.55 Million

Industry Comparison

This section compares Baronsmead Second Venture Trust Plc'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
Baronsmead Second Venture Trust Plc (BMD) GBX221.19 Million 2.49% 0.01x $54.31
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