Custodian REIT PLC
Custodian Property Income REIT plc is a UK real estate investment trust, which listed on the main market of the London Stock Exchange on 26 March 2014. Its portfolio comprises properties predominantly let to institutional grade tenants throughout the UK and is principally characterised by smaller, regional, core/core-plus properties. The Company offers investors the opportunity to access a divers… Read more
Custodian REIT PLC (CREI) - Net Assets
Latest net assets as of September 2025: GBX456.33 Million GBX
Based on the latest financial reports, Custodian REIT PLC (CREI) has net assets worth GBX456.33 Million GBX as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX647.53 Million) and total liabilities (GBX191.19 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 | GBX456.33 Million |
| % of Total Assets | 70.47% |
| Annual Growth Rate | 8.93% |
| 5-Year Change | 3.32% |
| 10-Year Change | 66.03% |
| Growth Volatility | 18.93 |
Custodian REIT PLC - Net Assets Trend (2015–2025)
This chart illustrates how Custodian REIT PLC's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Custodian REIT PLC (2015–2025)
The table below shows the annual net assets of Custodian REIT PLC from 2015 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | GBX423.47 Million | +2.83% |
| 2024-03-31 | GBX411.82 Million | -5.88% |
| 2023-03-31 | GBX437.57 Million | -17.07% |
| 2022-03-31 | GBX527.64 Million | +28.73% |
| 2021-03-31 | GBX409.87 Million | -3.96% |
| 2020-03-31 | GBX426.75 Million | +0.03% |
| 2019-03-31 | GBX426.62 Million | +2.75% |
| 2018-03-31 | GBX415.20 Million | +18.00% |
| 2017-03-31 | GBX351.88 Million | +37.96% |
| 2016-03-31 | GBX255.06 Million | +41.71% |
| 2015-03-31 | GBX179.99 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Custodian REIT 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 14844200000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | GBX148.44 Million | 35.05% |
| Common Stock | GBX4.41 Million | 1.04% |
| Other Components | GBX270.62 Million | 63.90% |
| Total Equity | GBX423.47 Million | 100.00% |
Custodian REIT PLC Competitors by Market Cap
The table below lists competitors of Custodian REIT PLC ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
STANDARD CHARTERED BANK (GHANA) LTD.
GSE:SCB
|
$49.62K |
|
Mingteng International Corporation Inc. Ordinary Shares
NASDAQ:MTEN
|
$49.66K |
|
Telink Semiconductor (Shanghai) Co Ltd Ordinary Shares - Class A
SHG:688591
|
$49.69K |
|
Ecomembrane S.p.A.
F:IY0
|
$49.70K |
|
Magnum Goldcorp Inc
PINK:MGIDF
|
$49.56K |
|
Tatton Asset Management plc
LSE:TAM
|
$49.53K |
|
Daios Plastics S.A.
AT:DAIOS
|
$49.51K |
|
LadRx Corporation
OTCQB:LADX
|
$49.51K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Custodian REIT PLC's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 411,820,000 to 423,466,000, a change of 11,646,000 (2.8%).
- Net income of 38,155,000 contributed positively to equity growth.
- Dividend payments of 27,223,000 reduced retained earnings.
- Other comprehensive income decreased equity by 18,931,000.
- Other factors increased equity by 19,645,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | GBX38.16 Million | +9.01% |
| Dividends Paid | GBX27.22 Million | -6.43% |
| Other Comprehensive Income | GBX-18.93 Million | -4.47% |
| Other Changes | GBX19.64 Million | +4.64% |
| Total Change | GBX- | 2.83% |
Book Value vs Market Value Analysis
This analysis compares Custodian REIT 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: 88.28x
- 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 8480.00x to 88.28x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2014-03-31 | GBX0.01 | GBX84.80 | x |
| 2015-03-31 | GBX1.23 | GBX84.80 | x |
| 2016-03-31 | GBX1.25 | GBX84.80 | x |
| 2017-03-31 | GBX1.18 | GBX84.80 | x |
| 2018-03-31 | GBX1.15 | GBX84.80 | x |
| 2019-03-31 | GBX1.09 | GBX84.80 | x |
| 2020-03-31 | GBX1.04 | GBX84.80 | x |
| 2021-03-31 | GBX0.98 | GBX84.80 | x |
| 2022-03-31 | GBX1.23 | GBX84.80 | x |
| 2023-03-31 | GBX0.99 | GBX84.80 | x |
| 2024-03-31 | GBX0.93 | GBX84.80 | x |
| 2025-03-31 | GBX0.96 | GBX84.80 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Custodian REIT 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): 9.01%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 76.72%
- • Asset Turnover: 0.08x
- • Equity Multiplier: 1.45x
- Recent ROE (9.01%) is above the historical average (4.33%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 4.86% | 84.39% | 0.05x | 1.16x | GBX-9.25 Million |
| 2016 | 4.39% | 58.95% | 0.06x | 1.29x | GBX-14.30 Million |
| 2017 | 6.88% | 87.67% | 0.06x | 1.22x | GBX-10.98 Million |
| 2018 | 7.81% | 93.13% | 0.06x | 1.31x | GBX-9.10 Million |
| 2019 | 5.54% | 59.15% | 0.07x | 1.36x | GBX-19.02 Million |
| 2020 | 0.50% | 5.19% | 0.07x | 1.38x | GBX-40.55 Million |
| 2021 | 0.91% | 9.47% | 0.07x | 1.37x | GBX-37.24 Million |
| 2022 | 23.18% | 306.65% | 0.06x | 1.29x | GBX69.56 Million |
| 2023 | -15.04% | -149.10% | 0.07x | 1.43x | GBX-109.58 Million |
| 2024 | -0.36% | -3.25% | 0.08x | 1.47x | GBX-42.68 Million |
| 2025 | 9.01% | 76.72% | 0.08x | 1.45x | GBX-4.19 Million |
Industry Comparison
This section compares Custodian REIT PLC's net assets metrics with peer companies in the REIT - Diversified industry.
Industry Context
- Industry: REIT - Diversified
- Average net assets among peers: $170,437,117
- Average return on equity (ROE) among peers: 3.83%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Custodian REIT PLC (CREI) | GBX456.33 Million | 4.86% | 0.42x | $49.58K |
| AEW UK REIT Plc (AEWU) | $167.10 Million | -6.78% | 0.40x | $20.37K |
| Alternative Income REIT PLC (AIRE) | $67.33 Million | 10.78% | 0.65x | $7.81K |
| abrdn Property Income Trust Ltd. (API) | $312.78 Million | 10.21% | 0.49x | $890.56 |
| Ground Rents Income Fund PLC (GRIO) | $134.81 Million | -7.93% | 0.00x | $2.79K |
| Palace Capital PLC (PCA) | $157.83 Million | -3.51% | 0.91x | $5.27K |
| Picton Property Income Ltd (PCTN) | $214.10 Million | 17.44% | 1.17x | $51.02K |
| Real Estate Investors PLC (RLE) | $125.44 Million | 2.92% | 0.93x | $6.68K |
| Schroder European Reit Plc (SERE) | $164.10 Million | 0.35% | 0.49x | $9.98K |
| Schroder Real Estate Investment Trust Ltd (SREI) | $190.44 Million | 10.96% | 0.71x | $31.42K |