Diverse Income Trust Ord
The Diverse Income Trust plc is a closed-ended equity mutual fund launched and managed by Miton Trust Managers Limited. It is co-managed by Miton Asset Management Limited. The fund invests in the public equity markets of the United Kingdom. It seeks to invest in stocks of companies operating across diversified sectors. The fund primarily invests in stocks of companies across all market capitaliza… Read more
Diverse Income Trust Ord (DIVI) - Net Assets
Latest net assets as of November 2025: GBX185.19 Million GBX
Based on the latest financial reports, Diverse Income Trust Ord (DIVI) has net assets worth GBX185.19 Million GBX as of November 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX267.47 Million) and total liabilities (GBX82.28 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 | GBX185.19 Million |
| % of Total Assets | 69.24% |
| Annual Growth Rate | 13.64% |
| 5-Year Change | -41.02% |
| 10-Year Change | -27.74% |
| Growth Volatility | 55.26 |
Diverse Income Trust Ord - Net Assets Trend (2012–2025)
This chart illustrates how Diverse Income Trust Ord's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Diverse Income Trust Ord (2012–2025)
The table below shows the annual net assets of Diverse Income Trust Ord from 2012 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-05-31 | GBX252.22 Million | +7.92% |
| 2024-05-31 | GBX233.71 Million | -26.10% |
| 2023-05-31 | GBX316.27 Million | -20.95% |
| 2022-05-31 | GBX400.11 Million | -6.44% |
| 2021-05-31 | GBX427.64 Million | +27.27% |
| 2020-05-31 | GBX336.01 Million | -8.00% |
| 2019-05-31 | GBX365.24 Million | -9.37% |
| 2018-05-31 | GBX403.01 Million | +1.61% |
| 2017-05-31 | GBX396.63 Million | +13.63% |
| 2016-05-31 | GBX349.05 Million | +3.72% |
| 2015-05-31 | GBX336.53 Million | +26.32% |
| 2014-05-31 | GBX266.40 Million | +96.02% |
| 2013-05-31 | GBX135.91 Million | +184.17% |
| 2012-05-31 | GBX47.83 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Diverse Income Trust Ord'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 (May 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | GBX286.00K | 0.11% |
| Other Components | GBX251.93 Million | 99.89% |
| Total Equity | GBX252.22 Million | 100.00% |
Diverse Income Trust Ord Competitors by Market Cap
The table below lists competitors of Diverse Income Trust Ord ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Electric Guitar PLC
LSE:ELEG
|
$125.95 |
|
PICIC Insurance Ltd
KAR:PIL
|
$125.98 |
|
Powerstone Metals Corp.
PINK:PWMCF
|
$126.04 |
|
Crystal Amber Fund Limited
LSE:CRS
|
$126.07 |
|
GLORY SUN FINL GRP HD 2
F:W2T0
|
$125.91 |
|
Augmentum Fintech PLC
LSE:AUGM
|
$125.32 |
|
Reeltime Rentals Inc
PINK:RLTR
|
$124.66 |
|
Karelian Diamond Resources PLC
LSE:KDR
|
$124.28 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Diverse Income Trust Ord's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 233,713,000 to 252,217,000, a change of 18,504,000 (7.9%).
- Net income of 28,694,000 contributed positively to equity growth.
- Dividend payments of 10,165,000 reduced retained earnings.
- Share repurchases of 77,925,000 reduced equity.
- Other factors increased equity by 77,900,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | GBX28.69 Million | +11.38% |
| Dividends Paid | GBX10.16 Million | -4.03% |
| Share Repurchases | GBX77.92 Million | -30.9% |
| Other Changes | GBX77.90 Million | +30.89% |
| Total Change | GBX- | 7.92% |
Book Value vs Market Value Analysis
This analysis compares Diverse Income Trust Ord'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: 106.38x
- 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 246.28x to 106.38x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-05-31 | GBX0.46 | GBX113.50 | x |
| 2013-05-31 | GBX0.92 | GBX113.50 | x |
| 2014-05-31 | GBX0.93 | GBX113.50 | x |
| 2015-05-31 | GBX0.92 | GBX113.50 | x |
| 2016-05-31 | GBX0.91 | GBX113.50 | x |
| 2017-05-31 | GBX1.03 | GBX113.50 | x |
| 2018-05-31 | GBX1.05 | GBX113.50 | x |
| 2019-05-31 | GBX0.95 | GBX113.50 | x |
| 2020-05-31 | GBX0.89 | GBX113.50 | x |
| 2021-05-31 | GBX1.19 | GBX113.50 | x |
| 2022-05-31 | GBX1.11 | GBX113.50 | x |
| 2023-05-31 | GBX0.87 | GBX113.50 | x |
| 2024-05-31 | GBX0.65 | GBX113.50 | x |
| 2025-05-31 | GBX1.07 | GBX113.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Diverse Income Trust Ord 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): 11.38%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 96.73%
- • Asset Turnover: 0.12x
- • Equity Multiplier: 1.01x
- Recent ROE (11.38%) is above the historical average (7.42%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 0.89% | 32.23% | 0.03x | 1.02x | GBX-4.35 Million |
| 2013 | 23.08% | 98.26% | 0.23x | 1.00x | GBX17.78 Million |
| 2014 | 19.44% | 98.76% | 0.19x | 1.02x | GBX25.14 Million |
| 2015 | 8.80% | 97.73% | 0.09x | 1.00x | GBX-4.03 Million |
| 2016 | 7.45% | 97.32% | 0.08x | 1.01x | GBX-8.91 Million |
| 2017 | 14.80% | 98.78% | 0.15x | 1.00x | GBX19.05 Million |
| 2018 | 4.96% | 95.45% | 0.05x | 1.01x | GBX-20.31 Million |
| 2019 | -6.51% | 0.00% | -0.06x | 1.00x | GBX-60.30 Million |
| 2020 | -2.74% | 0.00% | -0.02x | 1.01x | GBX-42.80 Million |
| 2021 | 27.83% | 98.83% | 0.28x | 1.00x | GBX76.26 Million |
| 2022 | -3.56% | 0.00% | -0.03x | 1.00x | GBX-54.28 Million |
| 2023 | -19.90% | 0.00% | -0.20x | 1.00x | GBX-94.55 Million |
| 2024 | 17.95% | 97.52% | 0.14x | 1.33x | GBX18.57 Million |
| 2025 | 11.38% | 96.73% | 0.12x | 1.01x | GBX3.47 Million |
Industry Comparison
This section compares Diverse Income Trust Ord's net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $395,694,700
- Average return on equity (ROE) among peers: -81.73%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Diverse Income Trust Ord (DIVI) | GBX185.19 Million | 0.89% | 0.44x | $125.92 |
| 3I Infrastructure PLC (3IN) | $1.09 Billion | 8.57% | 0.18x | $396.99K |
| 450 PLC (450) | $1.30 Million | -791.13% | 5.03x | $1.71K |
| abrdn Asian Income Fund Limited (AAIF) | $431.48 Million | 11.10% | 0.09x | $315.37 |
| Abrdn Asia Focus PLC (AAS) | $464.40 Million | -2.37% | 0.15x | $434.78 |
| Albion Technology & General VCT PLC (AATG) | $34.46 Million | 4.41% | 0.01x | $78.71 |
| Aberdeen Diversified Income and Growth Trust PLC (ADIG) | $492.42 Million | 0.00% | 0.32x | $16.61 |
| Aquila Energy Efficiency Trust PLC (AEET) | $97.38 Million | -0.64% | 0.00x | $2.38K |
| Aquila European Renewables Income PLC (AERI) | $320.23 Million | -9.29% | 0.00x | $2.45K |
| Artemis UK Future Leaders plc (AFL) | $84.35 Million | -40.52% | 0.02x | $401.26 |
| AVI Global Trust PLC (AGT) | $938.94 Million | 2.59% | 0.12x | $2.83 Million |