CLS Holdings plc (CLI) - Net Assets
Based on the latest financial reports, CLS Holdings plc (CLI) has net assets worth GBX742.10 Million GBX (≈ $90.29K USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX1.77 Billion ≈ $215.44K USD) and total liabilities (GBX1.03 Billion ≈ $125.15K 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 CLS Holdings plc (CLI) tangible equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | GBX742.10 Million |
| % of Total Assets | 41.91% |
| Annual Growth Rate | 12.2% |
| 5-Year Change | -44.23% |
| 10-Year Change | -15.91% |
| Growth Volatility | 57.24 |
CLS Holdings plc - Net Assets Trend (1991–2025)
This chart illustrates how CLS Holdings plc's net assets have evolved over time, based on quarterly financial data. See CLI days of operational coverage to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for CLS Holdings plc (1991–2025)
The table below shows the annual net assets of CLS Holdings plc from 1991 to 2025. For live valuation and market cap data, see CLS Holdings plc market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | GBX742.10 Million ≈ $90.29K |
-5.37% |
| 2024-12-31 | GBX784.20 Million ≈ $95.41K |
-15.60% |
| 2023-12-31 | GBX929.20 Million ≈ $113.06K |
-23.89% |
| 2022-12-31 | GBX1.22 Billion ≈ $148.54K |
-8.26% |
| 2021-12-31 | GBX1.33 Billion ≈ $161.91K |
+4.73% |
| 2020-12-31 | GBX1.27 Billion ≈ $154.60K |
+5.67% |
| 2019-12-31 | GBX1.20 Billion ≈ $146.30K |
+7.07% |
| 2018-12-31 | GBX1.12 Billion ≈ $136.64K |
+8.68% |
| 2017-12-31 | GBX1.03 Billion ≈ $125.72K |
+17.09% |
| 2016-12-31 | GBX882.50 Million ≈ $107.37K |
+14.91% |
| 2015-12-31 | GBX768.00 Million ≈ $93.44K |
+16.81% |
| 2014-12-31 | GBX657.50 Million ≈ $80.00K |
+36.72% |
| 2013-12-31 | GBX480.90 Million ≈ $58.51K |
+15.30% |
| 2012-12-31 | GBX417.10 Million ≈ $50.75K |
+13.50% |
| 2011-12-31 | GBX367.50 Million ≈ $44.71K |
+2.88% |
| 2010-12-31 | GBX357.20 Million ≈ $43.46K |
+15.60% |
| 2009-12-31 | GBX309.00 Million ≈ $37.60K |
-8.74% |
| 2008-12-31 | GBX338.60 Million ≈ $41.20K |
-16.00% |
| 2007-12-31 | GBX403.09 Million ≈ $49.04K |
-10.05% |
| 2006-12-31 | GBX448.14 Million ≈ $54.53K |
+26.67% |
| 2005-12-31 | GBX353.78 Million ≈ $43.04K |
+9.26% |
| 2004-12-31 | GBX323.81 Million ≈ $39.40K |
-15.89% |
| 2003-12-31 | GBX384.97 Million ≈ $46.84K |
+3.57% |
| 2002-12-31 | GBX371.72 Million ≈ $45.23K |
+5.96% |
| 2001-12-31 | GBX350.81 Million ≈ $42.68K |
-0.32% |
| 2000-12-31 | GBX351.95 Million ≈ $42.82K |
+41.50% |
| 1999-12-31 | GBX248.72 Million ≈ $30.26K |
+19.82% |
| 1998-12-31 | GBX207.57 Million ≈ $25.26K |
+14.60% |
| 1997-12-31 | GBX181.12 Million ≈ $22.04K |
+16.56% |
| 1996-12-31 | GBX155.39 Million ≈ $18.91K |
+12.79% |
| 1995-12-31 | GBX137.78 Million ≈ $16.76K |
+5.38% |
| 1994-12-31 | GBX130.74 Million ≈ $15.91K |
+177.40% |
| 1993-12-31 | GBX47.13 Million ≈ $5.73K |
+290.11% |
| 1992-12-31 | GBX12.08 Million ≈ $1.47K |
-18.46% |
| 1991-12-31 | GBX14.82 Million ≈ $1.80K |
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Equity Component Analysis
This analysis shows how different components contribute to CLS Holdings 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 54170800000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | GBX537.00 Million | 72.36% |
| Common Stock | GBX11.00 Million | 1.48% |
| Other Comprehensive Income | GBX82.90 Million | 11.17% |
| Other Components | GBX111.20 Million | 14.98% |
| Total Equity | GBX742.10 Million | 100.00% |
CLS Holdings plc Competitors by Market Cap
The table below lists competitors of CLS Holdings plc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Flexituff Ventures International Limited
NSE:FLEXITUFF
|
$2.44 Million |
|
Brooks Macdonald Group
LSE:BRK
|
$2.44 Million |
|
Magle Chemoswed Holding Ab
ST:MAGLE
|
$2.44 Million |
|
Palatin Technologies Inc
NYSE MKT:PTN
|
$2.45 Million |
|
GENERIC GOLD CORP.
F:1WD
|
$2.43 Million |
|
Plaza Centers NV
WAR:PLZ
|
$2.43 Million |
|
Jost AG
MU:JOX
|
$2.42 Million |
|
TMM REAL EST.DEV.GDR S 1
F:TR61
|
$2.42 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in CLS Holdings plc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 784,200,000 to 742,100,000, a change of -42,100,000 (-5.4%).
- Net loss of 50,300,000 reduced equity.
- Dividend payments of 15,900,000 reduced retained earnings.
- Other comprehensive income increased equity by 82,900,000.
- Other factors decreased equity by 58,800,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | GBX-50.30 Million | -6.78% |
| Dividends Paid | GBX15.90 Million | -2.14% |
| Other Comprehensive Income | GBX82.90 Million | +11.17% |
| Other Changes | GBX-58.80 Million | -7.92% |
| Total Change | GBX- | -5.37% |
Book Value vs Market Value Analysis
This analysis compares CLS Holdings 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: 26.93x
- 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 1524.70x to 26.93x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1991-12-31 | GBX0.03 | GBX50.20 | x |
| 1992-12-31 | GBX0.03 | GBX50.20 | x |
| 1993-12-31 | GBX0.10 | GBX50.20 | x |
| 1994-12-31 | GBX0.17 | GBX50.20 | x |
| 1995-12-31 | GBX0.14 | GBX50.20 | x |
| 1996-12-31 | GBX0.14 | GBX50.20 | x |
| 1997-12-31 | GBX0.16 | GBX50.20 | x |
| 1998-12-31 | GBX0.18 | GBX50.20 | x |
| 1999-12-31 | GBX0.23 | GBX50.20 | x |
| 2000-12-31 | GBX0.34 | GBX50.20 | x |
| 2001-12-31 | GBX0.33 | GBX50.20 | x |
| 2002-12-31 | GBX0.38 | GBX50.20 | x |
| 2003-12-31 | GBX0.42 | GBX50.20 | x |
| 2004-12-31 | GBX0.38 | GBX50.20 | x |
| 2005-12-31 | GBX0.43 | GBX50.20 | x |
| 2006-12-31 | GBX0.57 | GBX50.20 | x |
| 2007-12-31 | GBX0.57 | GBX50.20 | x |
| 2008-12-31 | GBX0.52 | GBX50.20 | x |
| 2009-12-31 | GBX0.64 | GBX50.20 | x |
| 2010-12-31 | GBX0.76 | GBX50.20 | x |
| 2011-12-31 | GBX0.80 | GBX50.20 | x |
| 2012-12-31 | GBX0.94 | GBX50.20 | x |
| 2013-12-31 | GBX1.12 | GBX50.20 | x |
| 2014-12-31 | GBX1.50 | GBX50.20 | x |
| 2015-12-31 | GBX1.80 | GBX50.20 | x |
| 2016-12-31 | GBX2.12 | GBX50.20 | x |
| 2017-12-31 | GBX2.52 | GBX50.20 | x |
| 2018-12-31 | GBX2.75 | GBX50.20 | x |
| 2019-12-31 | GBX2.95 | GBX50.20 | x |
| 2020-12-31 | GBX3.12 | GBX50.20 | x |
| 2021-12-31 | GBX3.27 | GBX50.20 | x |
| 2022-12-31 | GBX3.02 | GBX50.20 | x |
| 2023-12-31 | GBX2.34 | GBX50.20 | x |
| 2024-12-31 | GBX1.97 | GBX50.20 | x |
| 2025-12-31 | GBX1.86 | GBX50.20 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently CLS Holdings 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): -6.78%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -36.01%
- • Asset Turnover: 0.08x
- • Equity Multiplier: 2.39x
- Recent ROE (-6.78%) is below the historical average (4.45%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1991 | -17.14% | -19.79% | 0.08x | 10.94x | GBX-4.02 Million |
| 1992 | -22.87% | -17.66% | 0.08x | 15.80x | GBX-3.97 Million |
| 1993 | -3.40% | -9.92% | 0.07x | 5.24x | GBX-6.31 Million |
| 1994 | 9.36% | 49.84% | 0.08x | 2.42x | GBX-841.60K |
| 1995 | 5.73% | 28.40% | 0.08x | 2.58x | GBX-5.88 Million |
| 1996 | 6.07% | 29.76% | 0.08x | 2.51x | GBX-6.10 Million |
| 1997 | 5.38% | 30.16% | 0.08x | 2.24x | GBX-8.36 Million |
| 1998 | 4.86% | 28.82% | 0.08x | 2.16x | GBX-10.66 Million |
| 1999 | 5.95% | 43.84% | 0.06x | 2.24x | GBX-10.08 Million |
| 2000 | 4.21% | 36.83% | 0.05x | 2.09x | GBX-20.37 Million |
| 2001 | 2.01% | 13.41% | 0.06x | 2.31x | GBX-28.01 Million |
| 2002 | 4.12% | 25.77% | 0.06x | 2.52x | GBX-21.89 Million |
| 2003 | 4.87% | 23.57% | 0.08x | 2.52x | GBX-19.81 Million |
| 2004 | 12.43% | 49.78% | 0.07x | 3.49x | GBX7.93 Million |
| 2005 | 15.66% | 80.18% | 0.05x | 3.58x | GBX20.07 Million |
| 2006 | 34.25% | 178.63% | 0.06x | 3.02x | GBX108.89 Million |
| 2007 | -8.05% | -36.99% | 0.06x | 3.42x | GBX-72.97 Million |
| 2008 | -22.98% | -95.71% | 0.08x | 3.16x | GBX-112.08 Million |
| 2009 | 5.64% | 22.94% | 0.07x | 3.30x | GBX-13.53 Million |
| 2010 | 16.76% | 75.98% | 0.07x | 3.01x | GBX24.25 Million |
| 2011 | 10.20% | 46.82% | 0.07x | 3.00x | GBX750.00K |
| 2012 | 11.20% | 58.23% | 0.07x | 2.94x | GBX4.99 Million |
| 2013 | 13.14% | 69.30% | 0.07x | 2.91x | GBX15.11 Million |
| 2014 | 29.85% | 195.68% | 0.06x | 2.43x | GBX129.61 Million |
| 2015 | 17.03% | 109.25% | 0.07x | 2.29x | GBX53.62 Million |
| 2016 | 11.16% | 76.11% | 0.07x | 2.19x | GBX10.16 Million |
| 2017 | 15.36% | 118.22% | 0.06x | 2.10x | GBX55.05 Million |
| 2018 | 11.08% | 93.46% | 0.06x | 1.97x | GBX12.08 Million |
| 2019 | 11.27% | 97.98% | 0.06x | 1.92x | GBX15.26 Million |
| 2020 | 6.09% | 55.52% | 0.06x | 1.94x | GBX-49.66 Million |
| 2021 | 8.98% | 85.48% | 0.06x | 1.91x | GBX-13.57 Million |
| 2022 | -6.71% | -58.63% | 0.06x | 2.05x | GBX-203.98 Million |
| 2023 | -26.88% | -167.99% | 0.07x | 2.33x | GBX-342.72 Million |
| 2024 | -11.94% | -61.62% | 0.08x | 2.46x | GBX-172.02 Million |
| 2025 | -6.78% | -36.01% | 0.08x | 2.39x | GBX-124.51 Million |
Industry Comparison
This section compares CLS Holdings plc's net assets metrics with peer companies in the REIT - Office industry.
Industry Context
- Industry: REIT - Office
- Average net assets among peers: $1,392,784,750
- Average return on equity (ROE) among peers: 6.22%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| CLS Holdings plc (CLI) | GBX742.10 Million | -17.14% | 1.39x | $2.43 Million |
| Derwent London PLC (DLN) | $4.19 Billion | 7.49% | 0.20x | $25.84 Million |
| GREAT PORTLAND ESTATES PLC (GPE) | $798.90 Million | 4.36% | 0.75x | $15.84 Million |
| Regional REIT Ltd (RGL) | $291.74 Million | 4.60% | 0.83x | $1.79 Million |
| Workspace Group PLC (WKP) | $287.30 Million | 8.42% | 1.54x | $8.10 Million |
About CLS Holdings plc
CLS Holdings plc, together with its subsidiaries, engages in the investment, development, and management of commercial properties in the United Kingdom, Germany, and France. The company operates in two segments, Investment Properties and Other Investments. It is also involved in investment in a hotel and other corporate investments. CLS Holdings plc was formerly known as Hadmarn Limited and chang… Read more