British Smaller Companies Vct Plc (BSV) - Net Assets
Based on the latest financial reports, British Smaller Companies Vct Plc (BSV) has net assets worth GBX285.53 Million GBX (≈ $34.74K USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX285.76 Million ≈ $34.77K USD) and total liabilities (GBX226.00K ≈ $27.50 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. See debt-free asset ratio of British Smaller Companies Vct Plc to measure how much of total assets are equity-financed.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | GBX285.53 Million |
| % of Total Assets | 99.92% |
| Annual Growth Rate | 15.31% |
| 5-Year Change | 30.02% |
| 10-Year Change | 248.11% |
| Growth Volatility | 34.15 |
British Smaller Companies Vct Plc - Net Assets Trend (1997–2026)
This chart illustrates how British Smaller Companies Vct Plc's net assets have evolved over time, based on quarterly financial data. Also explore BSV net asset momentum to track the company's year-over-year net asset growth rate.
Annual Net Assets for British Smaller Companies Vct Plc (1997–2026)
The table below shows the annual net assets of British Smaller Companies Vct Plc from 1997 to 2026. For live market cap and overall valuation, see how much is British Smaller Companies Vct Plc worth.
| Year | Net Assets | Change |
|---|---|---|
| 2026-03-31 | GBX285.53 Million ≈ $34.74K |
+60.05% |
| 2025-12-31 | GBX178.40 Million ≈ $21.71K |
-30.61% |
| 2025-03-31 | GBX257.11 Million ≈ $31.28K |
+60.24% |
| 2024-12-31 | GBX160.45 Million ≈ $19.52K |
-26.93% |
| 2024-03-31 | GBX219.60 Million ≈ $26.72K |
+39.84% |
| 2023-03-31 | GBX157.03 Million ≈ $19.11K |
-1.57% |
| 2022-03-31 | GBX159.53 Million ≈ $19.41K |
+44.56% |
| 2021-03-31 | GBX110.36 Million ≈ $13.43K |
+24.05% |
| 2020-03-31 | GBX88.96 Million ≈ $10.82K |
+8.46% |
| 2019-03-31 | GBX82.02 Million ≈ $9.98K |
-4.78% |
| 2018-03-31 | GBX86.14 Million ≈ $10.48K |
-2.20% |
| 2017-03-31 | GBX88.07 Million ≈ $10.72K |
-7.99% |
| 2016-03-31 | GBX95.72 Million ≈ $11.65K |
+9.12% |
| 2015-03-31 | GBX87.72 Million ≈ $10.67K |
+40.16% |
| 2014-03-31 | GBX62.58 Million ≈ $7.61K |
+48.69% |
| 2013-03-31 | GBX42.09 Million ≈ $5.12K |
+11.07% |
| 2012-03-31 | GBX37.89 Million ≈ $4.61K |
-7.96% |
| 2011-03-31 | GBX41.17 Million ≈ $5.01K |
+41.93% |
| 2010-03-31 | GBX29.01 Million ≈ $3.53K |
+9.88% |
| 2009-03-31 | GBX26.40 Million ≈ $3.21K |
+0.77% |
| 2008-03-31 | GBX26.20 Million ≈ $3.19K |
+70.18% |
| 2007-03-31 | GBX15.39 Million ≈ $1.87K |
+0.88% |
| 2006-03-31 | GBX15.26 Million ≈ $1.86K |
+16.58% |
| 2005-03-31 | GBX13.09 Million ≈ $1.59K |
+15.31% |
| 2004-03-31 | GBX11.35 Million ≈ $1.38K |
+11.99% |
| 2003-03-31 | GBX10.14 Million ≈ $1.23K |
-5.09% |
| 2002-03-31 | GBX10.68 Million ≈ $1.30K |
-18.38% |
| 2001-03-31 | GBX13.09 Million ≈ $1.59K |
-7.77% |
| 2000-03-31 | GBX14.19 Million ≈ $1.73K |
-9.07% |
| 1999-03-31 | GBX15.60 Million ≈ $1.90K |
+41.91% |
| 1998-03-31 | GBX11.00 Million ≈ $1.34K |
+139.98% |
| 1997-03-31 | GBX4.58 Million ≈ $557.50 |
-- |
Equity Component Analysis
This analysis shows how different components contribute to British Smaller Companies Vct 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 100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2026)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | GBX285.53 Million | 100.00% |
| Total Equity | GBX285.53 Million | 100.00% |
British Smaller Companies Vct Plc Competitors by Market Cap
The table below lists competitors of British Smaller Companies Vct Plc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Provaris Energy Ltd
AU:PV1
|
$3.68 Million |
|
CDT Environmental Technology Investment Holdings Limited ordinary shares
NASDAQ:CDTG
|
$3.69 Million |
|
MacKenzie Realty Capital, Inc. Common Stock
NASDAQ:MKZR
|
$3.69 Million |
|
Pensionbee Group PLC
LSE:PBEE
|
$3.69 Million |
|
ScandiDos AB
ST:SDOS
|
$3.68 Million |
|
Indosterling Technomedia Tbk
JK:TECH
|
$3.68 Million |
|
Digitalist Group Oyj
HE:DIGIGR
|
$3.68 Million |
|
hGears AG
XETRA:HGEA
|
$3.67 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in British Smaller Companies Vct Plc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2025 to 2026, total equity changed from 178,399,000 to 285,531,000, a change of 107,132,000 (60.1%).
- Net income of 939,000 contributed positively to equity growth.
- Dividend payments of 14,183,000 reduced retained earnings.
- Share repurchases of 5,411,000 reduced equity.
- New share issuances of 48,494,000 increased equity.
- Other factors increased equity by 77,293,000.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | GBX939.00K | +0.33% |
| Dividends Paid | GBX14.18 Million | -4.97% |
| Share Repurchases | GBX5.41 Million | -1.9% |
| Share Issuances | GBX48.49 Million | +16.98% |
| Other Changes | GBX77.29 Million | +27.07% |
| Total Change | GBX- | 60.05% |
Book Value vs Market Value Analysis
This analysis compares British Smaller Companies Vct 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: 94.29x
- 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 77.93x to 94.29x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1997-03-31 | GBX0.93 | GBX72.50 | x |
| 1998-03-31 | GBX1.39 | GBX72.50 | x |
| 1999-03-31 | GBX0.99 | GBX72.50 | x |
| 2000-03-31 | GBX0.90 | GBX72.50 | x |
| 2001-03-31 | GBX0.83 | GBX72.50 | x |
| 2002-03-31 | GBX0.68 | GBX72.50 | x |
| 2003-03-31 | GBX0.65 | GBX72.50 | x |
| 2004-03-31 | GBX0.73 | GBX72.50 | x |
| 2005-03-31 | GBX0.85 | GBX72.50 | x |
| 2006-03-31 | GBX1.02 | GBX72.50 | x |
| 2007-03-31 | GBX0.98 | GBX72.50 | x |
| 2008-03-31 | GBX1.01 | GBX72.50 | x |
| 2009-03-31 | GBX0.86 | GBX72.50 | x |
| 2010-03-31 | GBX0.94 | GBX72.50 | x |
| 2011-03-31 | GBX1.25 | GBX72.50 | x |
| 2012-03-31 | GBX1.04 | GBX72.50 | x |
| 2013-03-31 | GBX1.04 | GBX72.50 | x |
| 2014-03-31 | GBX1.26 | GBX72.50 | x |
| 2015-03-31 | GBX1.30 | GBX72.50 | x |
| 2016-03-31 | GBX1.05 | GBX72.50 | x |
| 2017-03-31 | GBX0.90 | GBX72.50 | x |
| 2018-03-31 | GBX0.79 | GBX72.50 | x |
| 2019-03-31 | GBX0.75 | GBX72.50 | x |
| 2020-03-31 | GBX0.64 | GBX72.50 | x |
| 2021-03-31 | GBX0.80 | GBX72.50 | x |
| 2022-03-31 | GBX1.03 | GBX72.50 | x |
| 2023-03-31 | GBX0.84 | GBX72.50 | x |
| 2024-03-31 | GBX0.90 | GBX72.50 | x |
| 2024-12-31 | GBX0.53 | GBX72.50 | x |
| 2025-03-31 | GBX0.84 | GBX72.50 | x |
| 2025-12-31 | GBX0.50 | GBX72.50 | x |
| 2026-03-31 | GBX0.77 | GBX72.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently British Smaller Companies Vct 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): 0.33%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 48.35%
- • Asset Turnover: 0.01x
- • Equity Multiplier: 1.00x
- Recent ROE (0.33%) is below the historical average (4.33%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1997 | 2.71% | 86.71% | 0.03x | 1.03x | GBX-334.20K |
| 1998 | 2.46% | 346.15% | 0.01x | 1.09x | GBX-829.60K |
| 1999 | 3.52% | 1018.52% | 0.00x | 1.01x | GBX-1.01 Million |
| 2000 | 3.54% | 3137.50% | 0.00x | 1.02x | GBX-916.80K |
| 2001 | 2.87% | 783.33% | 0.00x | 1.02x | GBX-932.60K |
| 2002 | 3.02% | 2153.33% | 0.00x | 1.02x | GBX-745.10K |
| 2003 | 1.23% | 961.54% | 0.00x | 1.02x | GBX-888.70K |
| 2004 | -6.65% | -3775.00% | 0.00x | 1.07x | GBX-1.89 Million |
| 2005 | -0.34% | -11.36% | 0.03x | 1.01x | GBX-1.35 Million |
| 2006 | 14.29% | 77.03% | 0.18x | 1.01x | GBX654.00K |
| 2007 | 7.96% | 62.72% | 0.13x | 1.01x | GBX-314.40K |
| 2008 | 2.18% | 18.97% | 0.11x | 1.01x | GBX-2.05 Million |
| 2009 | 2.11% | 43.34% | 0.05x | 1.00x | GBX-2.08 Million |
| 2010 | 1.88% | 10.72% | 0.16x | 1.06x | GBX-2.35 Million |
| 2011 | 1.50% | 51.63% | 0.03x | 1.02x | GBX-3.50 Million |
| 2012 | 1.78% | 49.63% | 0.03x | 1.05x | GBX-3.11 Million |
| 2013 | 2.67% | 49.80% | 0.05x | 1.01x | GBX-3.09 Million |
| 2014 | 10.43% | 94.65% | 0.11x | 1.02x | GBX266.60K |
| 2015 | 4.61% | 63.72% | 0.07x | 1.01x | GBX-4.73 Million |
| 2016 | 10.87% | 95.24% | 0.11x | 1.01x | GBX836.70K |
| 2017 | 5.14% | 89.29% | 0.06x | 1.05x | GBX-4.28 Million |
| 2018 | 3.91% | 86.72% | 0.04x | 1.01x | GBX-5.25 Million |
| 2019 | 7.81% | 92.38% | 0.08x | 1.00x | GBX-1.80 Million |
| 2020 | -5.72% | 0.00% | -0.05x | 1.00x | GBX-13.99 Million |
| 2021 | 19.34% | 97.63% | 0.20x | 1.00x | GBX10.30 Million |
| 2022 | 17.72% | 98.20% | 0.18x | 1.00x | GBX12.31 Million |
| 2023 | 7.79% | 94.60% | 0.08x | 1.00x | GBX-3.47 Million |
| 2024 | 4.84% | 72.90% | 0.07x | 1.00x | GBX-11.34 Million |
| 2024 | 1.63% | 77.66% | 0.02x | 1.01x | GBX-13.44 Million |
| 2025 | 2.63% | 88.74% | 0.03x | 1.00x | GBX-18.94 Million |
| 2025 | 0.53% | 14.38% | 0.04x | 1.01x | GBX-16.90 Million |
| 2026 | 0.33% | 48.35% | 0.01x | 1.00x | GBX-27.61 Million |
Industry Comparison
This section compares British Smaller Companies Vct Plc's net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $980,464,900
- Average return on equity (ROE) among peers: 6.17%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| British Smaller Companies Vct Plc (BSV) | GBX285.53 Million | 2.71% | 0.00x | $3.68 Million |
| 3I Infrastructure PLC (3IN) | $1.20 Billion | 4.98% | 0.15x | $43.54 Million |
| Albion Enterprise VCT PLC (AAEV) | $278.53 Million | 5.11% | 0.01x | $3.20 Million |
| abrdn Asian Income Fund Limited (AAIF) | $231.95 Million | 1.88% | 0.05x | $5.57 Million |
| Abrdn Asia Focus PLC (AAS) | $382.93 Million | 26.24% | 0.09x | $7.85 Million |
| Albion Technology & General VCT PLC (AATG) | $64.83 Million | 5.63% | 0.01x | $3.06 Million |
| Abrdn PLC (ABDN) | $6.67 Billion | 3.99% | 0.71x | $52.87 Million |
| Aberdeen Diversified Income and Growth Trust PLC (ADIG) | $363.36 Million | -0.20% | 0.06x | $450.86K |
| Aquila Energy Efficiency Trust PLC (AEET) | $94.28 Million | 0.32% | 0.01x | $217.99K |
| Aquila European Renewables Income PLC (AERI) | $320.23 Million | -9.29% | 0.00x | $64.28 Million |
| Artemis UK Future Leaders plc (AFL) | $205.24 Million | 23.03% | 0.00x | $450.21 |
About British Smaller Companies Vct Plc
British Smaller Companies VCT plc is a venture capital trust specializing in investments in early stage, mid and late venture, later stage, recapitalizations, growing capital-consuming businesses, acquisition funding and business development in mature, VCT qualifying and non-qualifying unquoted and quoted companies listed on alternative investment market and ISDX. It is an evergreen fund. It seek… Read more