Capital Gearing Trust (CGT) - Net Assets

Latest as of March 2026: GBX801.31 Million GBX ≈ $97.50K USD

Based on the latest financial reports, Capital Gearing Trust (CGT) has net assets worth GBX801.31 Million GBX (≈ $97.50K USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX803.78 Million ≈ $97.80K USD) and total liabilities (GBX2.47 Million ≈ $300.04 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 how tangible is Capital Gearing Trust's equity to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric Value
Current Net Assets GBX801.31 Million
% of Total Assets 99.69%
Annual Growth Rate 14.58%
5-Year Change -23.67%
10-Year Change 372.9%
Growth Volatility 20.23

Capital Gearing Trust - Net Assets Trend (2000–2026)

This chart illustrates how Capital Gearing Trust's net assets have evolved over time, based on quarterly financial data. See Capital Gearing Trust (CGT) defensive interval to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Capital Gearing Trust (2000–2026)

The table below shows the annual net assets of Capital Gearing Trust from 2000 to 2026. For live valuation and market cap data, see Capital Gearing Trust stock valuation.

Year Net Assets Change
2026-03-31 GBX801.31 Million
≈ $97.50K		 -9.46%
2025-03-31 GBX885.02 Million
≈ $107.68K		 -16.52%
2024-03-31 GBX1.06 Billion
≈ $128.99K		 -15.84%
2023-03-31 GBX1.26 Billion
≈ $153.27K		 +19.99%
2022-03-31 GBX1.05 Billion
≈ $127.73K		 +65.58%
2021-03-31 GBX634.05 Million
≈ $77.15K		 +34.89%
2020-03-31 GBX470.06 Million
≈ $57.19K		 +46.01%
2019-03-31 GBX321.93 Million
≈ $39.17K		 +46.63%
2018-03-31 GBX219.55 Million
≈ $26.71K		 +29.57%
2017-03-31 GBX169.44 Million
≈ $20.62K		 +57.01%
2016-03-31 GBX107.92 Million
≈ $13.13K		 +11.81%
2015-03-31 GBX96.52 Million
≈ $11.74K		 +5.70%
2014-03-31 GBX91.31 Million
≈ $11.11K		 -2.31%
2013-03-31 GBX93.47 Million
≈ $11.37K		 +10.44%
2012-03-31 GBX84.64 Million
≈ $10.30K		 +12.03%
2011-03-31 GBX75.55 Million
≈ $9.19K		 +9.55%
2010-03-31 GBX68.96 Million
≈ $8.39K		 +16.09%
2009-03-31 GBX59.40 Million
≈ $7.23K		 -0.05%
2008-03-31 GBX59.43 Million
≈ $7.23K		 +5.05%
2007-03-31 GBX56.58 Million
≈ $6.88K		 +4.51%
2006-03-31 GBX54.14 Million
≈ $6.59K		 +16.14%
2005-03-31 GBX46.61 Million
≈ $5.67K		 +13.60%
2004-03-31 GBX41.03 Million
≈ $4.99K		 +30.62%
2003-03-31 GBX31.41 Million
≈ $3.82K		 +12.02%
2002-03-31 GBX28.04 Million
≈ $3.41K		 +12.39%
2001-03-31 GBX24.95 Million
≈ $3.04K		 +7.15%
2000-03-31 GBX23.29 Million
≈ $2.83K		 --

Equity Component Analysis

This analysis shows how different components contribute to Capital Gearing Trust'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 13698.4% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (March 2026)

Component Amount Percentage
Retained Earnings GBX17.52 Million 2.19%
Common Stock GBX6.64 Million 0.83%
Other Comprehensive Income GBX777.14 Million 96.98%
Total Equity GBX801.31 Million 100.00%

Capital Gearing Trust Competitors by Market Cap

The table below lists competitors of Capital Gearing Trust ranked by their market capitalization.

Company Market Cap
Polar Capital Holdings plc
LSE:POLR
 $9.87 Million
Spineguard
PA:ALSGD
 $9.88 Million
Citatah Tbk
JK:CTTH
 $9.88 Million
Meta Epsi Tbk PT
JK:MTPS
 $9.90 Million
TARGETSPOT S.A. EO 1
F:6YW
 $9.86 Million
Andira Agro Tbk PT
JK:ANDI
 $9.86 Million
Talisman Mining Ltd
AU:TLM
 $9.86 Million
M.P.Evans Group
LSE:MPE
 $9.86 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Capital Gearing Trust's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2025 to 2026, total equity changed from 885,025,000 to 801,311,000, a change of -83,714,000 (-9.5%).
  • Net income of 45,388,000 contributed positively to equity growth.
  • Dividend payments of 17,907,000 reduced retained earnings.
  • Share repurchases of 111,573,000 reduced equity.
  • Other comprehensive income increased equity by 777,142,000.
  • Other factors decreased equity by 776,764,000.

Equity Change Factors (2025 to 2026)

Factor Impact Contribution
Net Income GBX45.39 Million +5.66%
Dividends Paid GBX17.91 Million -2.23%
Share Repurchases GBX111.57 Million -13.92%
Other Comprehensive Income GBX777.14 Million +96.98%
Other Changes GBX-776.76 Million -96.94%
Total Change GBX- -9.46%

Book Value vs Market Value Analysis

This analysis compares Capital Gearing Trust'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: 107.78x
  • 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 427.93x to 107.78x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2002-03-31 GBX12.08 GBX5170.00 x
2003-03-31 GBX13.53 GBX5170.00 x
2004-03-31 GBX15.46 GBX5170.00 x
2005-03-31 GBX16.92 GBX5170.00 x
2006-03-31 GBX19.37 GBX5170.00 x
2007-03-31 GBX20.24 GBX5170.00 x
2008-03-31 GBX21.26 GBX5170.00 x
2009-03-31 GBX21.25 GBX5170.00 x
2010-03-31 GBX24.67 GBX5170.00 x
2011-03-31 GBX26.77 GBX5170.00 x
2012-03-31 GBX29.12 GBX5170.00 x
2013-03-31 GBX32.00 GBX5170.00 x
2014-03-31 GBX31.21 GBX5170.00 x
2015-03-31 GBX32.98 GBX5170.00 x
2016-03-31 GBX36.28 GBX5170.00 x
2017-03-31 GBX44.39 GBX5170.00 x
2018-03-31 GBX43.47 GBX5170.00 x
2019-03-31 GBX48.52 GBX5170.00 x
2020-03-31 GBX47.51 GBX5170.00 x
2021-03-31 GBX51.13 GBX5170.00 x
2022-03-31 GBX60.78 GBX5170.00 x
2023-03-31 GBX50.57 GBX5170.00 x
2024-03-31 GBX43.60 GBX5170.00 x
2025-03-31 GBX44.21 GBX5170.00 x
2026-03-31 GBX47.97 GBX5170.00 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Capital Gearing Trust 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): 5.66%
  • The company has moderate efficiency in generating returns from equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 130.53%
  • • Asset Turnover: 0.04x
  • • Equity Multiplier: 1.00x
  • Recent ROE (5.66%) is below the historical average (6.04%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2004 16.80% 92.28% 0.18x 1.01x GBX2.79 Million
2005 12.92% 88.99% 0.14x 1.00x GBX1.36 Million
2006 13.03% 89.59% 0.14x 1.00x GBX1.64 Million
2007 4.98% 76.34% 0.06x 1.00x GBX-2.84 Million
2008 5.46% 78.87% 0.07x 1.00x GBX-2.70 Million
2009 0.73% 37.85% 0.02x 1.01x GBX-5.51 Million
2010 14.75% 90.98% 0.16x 1.00x GBX3.28 Million
2011 7.54% 83.99% 0.09x 1.00x GBX-1.86 Million
2012 8.69% 86.29% 0.10x 1.00x GBX-1.11 Million
2013 9.95% 96.65% 0.10x 1.00x GBX-42.90K
2014 -2.04% 0.00% -0.02x 1.00x GBX-11.00 Million
2015 5.88% 93.89% 0.06x 1.00x GBX-3.98 Million
2016 2.87% 88.03% 0.03x 1.00x GBX-7.70 Million
2017 9.57% 97.62% 0.10x 1.01x GBX-727.50K
2018 -0.03% -19.72% 0.00x 1.00x GBX-22.03 Million
2019 5.53% 97.57% 0.06x 1.01x GBX-14.38 Million
2020 -1.17% 0.00% -0.01x 1.02x GBX-52.48 Million
2021 10.04% 98.44% 0.10x 1.00x GBX261.40K
2022 6.50% 98.22% 0.07x 1.01x GBX-36.77 Million
2023 -4.08% 0.00% -0.04x 1.01x GBX-177.36 Million
2024 1.30% 61.23% 0.02x 1.01x GBX-92.28 Million
2025 4.07% 95.86% 0.04x 1.03x GBX-52.51 Million
2026 5.66% 130.53% 0.04x 1.00x GBX-34.74 Million

Industry Comparison

This section compares Capital Gearing Trust's net assets metrics with peer companies in the Asset Management industry.

Industry Context

  • Industry: Asset Management
  • Average net assets among peers: $920,015,900
  • Average return on equity (ROE) among peers: -0.09%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Capital Gearing Trust (CGT) GBX801.31 Million 16.80% 0.00x $9.87 Million
3I Infrastructure PLC (3IN) $2.70 Billion 14.94% 0.12x $41.58 Million
Albion Enterprise VCT PLC (AAEV) $130.52 Million 2.12% 0.01x $3.29 Million
abrdn Asian Income Fund Limited (AAIF) $134.84 Million 12.81% 0.12x $5.84 Million
Abrdn Asia Focus PLC (AAS) $239.97 Million 19.35% 0.02x $7.57 Million
Albion Technology & General VCT PLC (AATG) $33.55 Million 1.94% 0.01x $3.15 Million
Abrdn PLC (ABDN) $5.09 Billion 0.02% 0.58x $51.52 Million
Aberdeen Diversified Income and Growth Trust PLC (ADIG) $391.91 Million -1.13% 0.15x $450.86K
Aquila Energy Efficiency Trust PLC (AEET) $69.67 Million -2.91% 0.02x $247.72K
Aquila European Renewables Income PLC (AERI) $214.33 Million -44.07% 0.02x $56.72 Million
Artemis UK Future Leaders plc (AFL) $191.38 Million -3.96% 0.00x $400.36

About Capital Gearing Trust

LSE:CGT UK Asset Management
Market Cap
$9.87 Million
GBX81.08 Billion GBX
Market Cap Rank
#27085 Global
#360 in UK
Share Price
GBX5170.00
Change (1 day)
+0.39%
52-Week Range
GBX4785.00 - GBX5240.00
All Time High
GBX5240.00
Categories
Companies in UK Asset Management Banking & Financial
About

Capital Gearing Trust p.l.c is a closed ended fixed income mutual fund launched and managed by CG Asset Management Limited. The fund invests in the public equity and fixed income markets of the United Kingdom. It invests in the stocks of companies operating across diversified sectors. For the fixed income portion of the portfolio the fund primarily invests in government bonds. It also invests a p… Read more