Tritax EuroBox PLC GBp
Tritax EuroBox plc invests in and manages a well-diversified portfolio of well-located Continental European logistics real estate assets that are delivering an attractive capital return and secure income to shareholders. These assets fulfil key roles in the logistics and distribution supply-chain focused on the most established logistics markets and on the major population centres across core Con… Read more
Tritax EuroBox PLC GBp (BOXE) - Net Assets
Latest net assets as of March 2024: €757.78 Million EUR
Based on the latest financial reports, Tritax EuroBox PLC GBp (BOXE) has net assets worth €757.78 Million EUR as of March 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€1.53 Billion) and total liabilities (€773.56 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 | €757.78 Million |
| % of Total Assets | 49.48% |
| Annual Growth Rate | 13.63% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 51.29 |
Tritax EuroBox PLC GBp - Net Assets Trend (2019–2023)
This chart illustrates how Tritax EuroBox PLC GBp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Tritax EuroBox PLC GBp (2019–2023)
The table below shows the annual net assets of Tritax EuroBox PLC GBp from 2019 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-09-30 | €795.62 Million | -25.35% |
| 2022-09-30 | €1.07 Billion | +1.16% |
| 2021-09-30 | €1.05 Billion | +109.07% |
| 2020-09-30 | €503.91 Million | +5.58% |
| 2019-09-30 | €477.27 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Tritax EuroBox PLC GBp'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 20264000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (September 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €202.64 Million | 25.47% |
| Common Stock | €8.07 Million | 1.01% |
| Other Comprehensive Income | €-12.67 Million | -1.59% |
| Other Components | €597.58 Million | 75.11% |
| Total Equity | €795.62 Million | 100.00% |
Tritax EuroBox PLC GBp Competitors by Market Cap
The table below lists competitors of Tritax EuroBox PLC GBp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Post&Telecommunication Equipment
VN:POT
|
$8.29K |
|
GROWTHPOINT PPTYS
F:G5JA
|
$8.30K |
|
Pilot Gold Inc
STU:PGW
|
$8.30K |
|
BELO SUN MNG (VE7.SG)
STU:VE7
|
$8.31K |
|
Sollensys Corp
PINK:SOLS
|
$8.29K |
|
Legion Capital Corporation
PINK:LGCP
|
$8.28K |
|
VBC
VN:VBC
|
$8.27K |
|
Netcents Technology Inc
PINK:NTTCF
|
$8.26K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Tritax EuroBox PLC GBp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 1,065,750,000 to 795,620,000, a change of -270,130,000 (-25.3%).
- Net loss of 223,360,000 reduced equity.
- Dividend payments of 40,340,000 reduced retained earnings.
- Other comprehensive income decreased equity by 6,434,096.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-223.36 Million | -28.07% |
| Dividends Paid | €40.34 Million | -5.07% |
| Other Comprehensive Income | €-6.43 Million | -0.81% |
| Other Changes | €4.10K | +0.0% |
| Total Change | €- | -25.35% |
Book Value vs Market Value Analysis
This analysis compares Tritax EuroBox PLC GBp'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: 0.84x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has increased from 0.65x to 0.84x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-09-30 | €1.27 | €0.83 | x |
| 2020-09-30 | €1.19 | €0.83 | x |
| 2021-09-30 | €1.97 | €0.83 | x |
| 2022-09-30 | €1.32 | €0.83 | x |
| 2023-09-30 | €0.99 | €0.83 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Tritax EuroBox PLC GBp 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): -28.07%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: -0.13x
- • Equity Multiplier: 2.08x
- Recent ROE (-28.07%) is below the historical average (-0.05%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 3.47% | 73.53% | 0.03x | 1.55x | €-31.16 Million |
| 2020 | 8.89% | 65.33% | 0.08x | 1.75x | €-5.60 Million |
| 2021 | 9.95% | 71.58% | 0.09x | 1.55x | €-520.00K |
| 2022 | 5.51% | 56.56% | 0.05x | 1.78x | €-47.80 Million |
| 2023 | -28.07% | 0.00% | -0.13x | 2.08x | €-302.92 Million |
Industry Comparison
This section compares Tritax EuroBox PLC GBp's net assets metrics with peer companies in the same industry.
Industry Context
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Tritax EuroBox PLC GBp (BOXE) | €757.78 Million | 3.47% | 1.02x | $8.29K |
| Nyfosa AB (0A0K) | $2.92 Billion | 39.50% | 2.88x | $973.31 Million |
| High Templar Tech Limited (0A2T) | $12.52 Billion | 4.70% | 0.13x | $255.82 Million |
| Strategy Inc (0A7O) | $51.04 Billion | -7.54% | 0.21x | $40.17 Billion |
| NACON SASU (0A9N) | $67.54 Million | 15.85% | 1.20x | $7.64 Million |
| Antin Infrastructure Partners (0AA5) | $23.79 Million | 108.98% | 1.09x | $573.10 Million |
| Truecaller AB Series B (0AA7) | $1.41 Billion | 18.30% | 0.20x | $281.60 Million |
| Brockhaus Technologies AG (0AAW) | $254.92 Million | -6.23% | 1.68x | $74.40 Million |
| Hyloris Pharmaceuticals S.A. (0AB6) | $48.06 Million | -24.09% | 0.32x | $71.96 Million |
| Kalray S.A. (0ABT) | $28.43 Million | -41.56% | 0.67x | $33.84 Million |
| Webuild S.p.A. (0BJP) | $1.43 Billion | 10.29% | 7.14x | $1.13 Billion |