Baronsmead Second Venture Trust Plc (BMD) - Net Assets

Latest as of March 2026: GBX197.47 Million GBX ≈ $24.03K USD

Based on the latest financial reports, Baronsmead Second Venture Trust Plc (BMD) has net assets worth GBX197.47 Million GBX (≈ $24.03K USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX198.75 Million ≈ $24.18K USD) and total liabilities (GBX1.28 Million ≈ $155.98 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 Baronsmead Second Venture Trust Plc to assess the company's strategic physical and investment asset allocation.

Key Net Assets Metrics

Metric	Value
Current Net Assets	GBX197.47 Million
% of Total Assets	99.35%
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. For live market cap and overall valuation, see Baronsmead Second Venture Trust Plc market cap and net worth.

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. Also explore how fast is Baronsmead Second Venture Trust Plc growing its equity to track the company's year-over-year net asset growth rate.

Year	Net Assets	Change
2025-09-30	GBX221.19 Million ≈ $26.91K	-2.75%
2024-09-30	GBX227.44 Million ≈ $27.67K	+8.48%
2023-09-30	GBX209.66 Million ≈ $25.51K	-1.56%
2022-09-30	GBX212.99 Million ≈ $25.91K	-14.25%
2021-09-30	GBX248.37 Million ≈ $30.22K	+36.23%
2020-09-30	GBX182.32 Million ≈ $22.18K	+3.96%
2019-09-30	GBX175.38 Million ≈ $21.34K	-12.04%
2018-09-30	GBX199.39 Million ≈ $24.26K	+6.80%
2017-09-30	GBX186.69 Million ≈ $22.71K	+32.49%
2016-09-30	GBX140.91 Million ≈ $17.14K	+77.92%
2015-12-31	GBX79.20 Million ≈ $9.64K	+3.37%
2014-12-31	GBX76.62 Million ≈ $9.32K	+2.32%
2013-12-31	GBX74.88 Million ≈ $9.11K	+0.43%
2012-12-31	GBX74.56 Million ≈ $9.07K	+24.07%
2011-12-31	GBX60.09 Million ≈ $7.31K	-7.04%
2010-12-31	GBX64.64 Million ≈ $7.87K	+22.25%
2009-12-31	GBX52.88 Million ≈ $6.43K	-4.10%
2008-12-31	GBX55.14 Million ≈ $6.71K	+41.93%
2007-12-31	GBX38.85 Million ≈ $4.73K	-8.21%
2006-12-31	GBX42.32 Million ≈ $5.15K	+7.89%
2005-12-31	GBX39.23 Million ≈ $4.77K	+10.53%
2004-12-31	GBX35.49 Million ≈ $4.32K	+7.56%
2003-12-31	GBX32.99 Million ≈ $4.01K	+2.95%
2002-12-31	GBX32.05 Million ≈ $3.90K	+3.16%
2001-12-31	GBX31.07 Million ≈ $3.78K	--

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
Aptevo Therapeutics Inc NASDAQ:APVO	$2.29 Million
Volta Finance Ltd LSE:VTAS	$2.29 Million
Amedeo Air Four Plus Limited LSE:AA4	$2.29 Million
Olivers Real Food Ltd AU:OLI	$2.30 Million
Easson Holdings Ltd PA:MLEAS	$2.29 Million
Tijaria Polypipes Limited NSE:TIJARIA	$2.29 Million
Jost AG MU:JOX	$2.29 Million
Alligator Bioscience AB ST:ATORX	$2.29 Million

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: 79.32x
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 43.94x to 79.32x 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	GBX44.40	x
2002-12-31	GBX0.96	GBX44.40	x
2003-12-31	GBX0.97	GBX44.40	x
2004-12-31	GBX1.06	GBX44.40	x
2005-12-31	GBX1.16	GBX44.40	x
2006-12-31	GBX1.29	GBX44.40	x
2007-12-31	GBX1.21	GBX44.40	x
2008-12-31	GBX1.02	GBX44.40	x
2009-12-31	GBX0.98	GBX44.40	x
2010-12-31	GBX1.08	GBX44.40	x
2011-12-31	GBX1.00	GBX44.40	x
2012-12-31	GBX1.19	GBX44.40	x
2013-12-31	GBX1.13	GBX44.40	x
2014-12-31	GBX1.05	GBX44.40	x
2015-12-31	GBX1.06	GBX44.40	x
2016-09-30	GBX0.93	GBX44.40	x
2017-09-30	GBX0.98	GBX44.40	x
2018-09-30	GBX0.92	GBX44.40	x
2019-09-30	GBX0.78	GBX44.40	x
2020-09-30	GBX0.75	GBX44.40	x
2021-09-30	GBX0.90	GBX44.40	x
2022-09-30	GBX0.68	GBX44.40	x
2023-09-30	GBX0.60	GBX44.40	x
2024-09-30	GBX0.60	GBX44.40	x
2025-09-30	GBX0.56	GBX44.40	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: $971,344,300
Average return on equity (ROE) among peers: 2.31%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Baronsmead Second Venture Trust Plc (BMD)	GBX197.47 Million	2.49%	0.01x	$2.29 Million
3I Infrastructure PLC (3IN)	$1.25 Billion	6.43%	0.14x	$44.16 Million
Albion Enterprise VCT PLC (AAEV)	$278.53 Million	5.11%	0.01x	$3.20 Million
abrdn Asian Income Fund Limited (AAIF)	$329.43 Million	-11.14%	0.12x	$5.50 Million
Abrdn Asia Focus PLC (AAS)	$46.34 Million	0.00%	0.14x	$7.56 Million
Albion Technology & General VCT PLC (AATG)	$78.03 Million	-0.40%	0.01x	$3.15 Million
Abrdn PLC (ABDN)	$6.67 Billion	3.99%	0.71x	$52.13 Million
Aberdeen Diversified Income and Growth Trust PLC (ADIG)	$413.68 Million	2.10%	0.15x	$450.86K
Aquila Energy Efficiency Trust PLC (AEET)	$95.23 Million	0.14%	0.02x	$247.72K
Aquila European Renewables Income PLC (AERI)	$316.90 Million	-0.37%	0.13x	$64.28 Million
Artemis UK Future Leaders plc (AFL)	$241.60 Million	17.22%	0.01x	$439.05

About Baronsmead Second Venture Trust Plc

LSE:BMD UK Asset Management

Market Cap

$2.29 Million

GBX18.83 Billion GBX

Market Cap Rank

#29954 Global

#662 in UK

Share Price

GBX44.40

Change (1 day)

+0.00%

52-Week Range

GBX0.43 - GBX54.00

All Time High

GBX66.29