Dunedin Enterprise Investment Trust PLC
Dunedin Enterprise Investment Trust PLC specializes in direct investments, fund of fund investments, and investments in listed private equity companies. In the case of direct investments, it specializes in investments in management buyouts, management buy ins, and growing businesses in lower middle markets. The firm also specializes in organic growth, buy and build, internationalization, roll-out… Read more
Dunedin Enterprise Investment Trust PLC (DNE) - Net Assets
Latest net assets as of June 2024: GBX34.54 Million GBX
Based on the latest financial reports, Dunedin Enterprise Investment Trust PLC (DNE) has net assets worth GBX34.54 Million GBX as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX34.56 Million) and total liabilities (GBX21.00K). 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 | GBX34.54 Million |
| % of Total Assets | 99.94% |
| Annual Growth Rate | -5.55% |
| 5-Year Change | -62.52% |
| 10-Year Change | -67.73% |
| Growth Volatility | 16.6 |
Dunedin Enterprise Investment Trust PLC - Net Assets Trend (2004–2023)
This chart illustrates how Dunedin Enterprise Investment Trust 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 Dunedin Enterprise Investment Trust PLC (2004–2023)
The table below shows the annual net assets of Dunedin Enterprise Investment Trust PLC from 2004 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | GBX34.39 Million | -0.37% |
| 2022-12-31 | GBX34.52 Million | -52.98% |
| 2021-12-31 | GBX73.41 Million | -2.01% |
| 2020-12-31 | GBX74.92 Million | -18.34% |
| 2019-12-31 | GBX91.75 Million | +7.64% |
| 2018-12-31 | GBX85.23 Million | -15.60% |
| 2017-12-31 | GBX100.99 Million | -2.80% |
| 2016-12-31 | GBX103.90 Million | -0.50% |
| 2015-12-31 | GBX104.43 Million | -2.00% |
| 2014-12-31 | GBX106.56 Million | -8.35% |
| 2013-12-31 | GBX116.27 Million | -15.26% |
| 2012-12-31 | GBX137.20 Million | -15.81% |
| 2011-12-31 | GBX162.96 Million | +8.58% |
| 2010-12-31 | GBX150.08 Million | +22.16% |
| 2009-12-31 | GBX122.86 Million | -6.06% |
| 2008-12-31 | GBX130.78 Million | -18.24% |
| 2007-12-31 | GBX159.95 Million | -2.30% |
| 2007-04-30 | GBX163.72 Million | +8.20% |
| 2006-04-30 | GBX151.30 Million | +19.68% |
| 2005-04-30 | GBX126.42 Million | +19.62% |
| 2004-04-30 | GBX105.69 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Dunedin Enterprise Investment Trust 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 2986500000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | GBX29.86 Million | 86.84% |
| Common Stock | GBX1.38 Million | 4.00% |
| Other Comprehensive Income | GBX3.15 Million | 9.16% |
| Total Equity | GBX34.39 Million | 100.00% |
Dunedin Enterprise Investment Trust PLC Competitors by Market Cap
The table below lists competitors of Dunedin Enterprise Investment Trust PLC ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Oneiro Energy PLC
LSE:ONE
|
$568.76 |
|
Ecc Cap. Corp.
PINK:ECRO
|
$569.34 |
|
Next10 Inc
PINK:NXTN
|
$569.40 |
|
IMMUPHARMA
BE:25I
|
$569.68 |
|
China Dasheng Biotechnology Company
PINK:CDBT
|
$568.58 |
|
Colform Group Berhad
KLSE:0341
|
$566.97 |
|
BOTALA
XBOT:BTE-EQO
|
$566.72 |
|
Molecular Templates Inc
OTCMKTS:MTEM
|
$566.58 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Dunedin Enterprise Investment Trust PLC's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 34,518,000 to 34,390,000, a change of -128,000 (-0.4%).
- Net income of 1,248,000 contributed positively to equity growth.
- Dividend payments of 1,376,000 reduced retained earnings.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | GBX1.25 Million | +3.63% |
| Dividends Paid | GBX1.38 Million | -4.0% |
| Total Change | GBX- | -0.37% |
Book Value vs Market Value Analysis
This analysis compares Dunedin Enterprise Investment Trust 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: 76.03x
- 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 138.08x to 76.03x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2004-04-30 | GBX3.44 | GBX475.00 | x |
| 2005-04-30 | GBX4.16 | GBX475.00 | x |
| 2006-04-30 | GBX4.98 | GBX475.00 | x |
| 2007-04-30 | GBX5.41 | GBX475.00 | x |
| 2008-12-31 | GBX4.33 | GBX475.00 | x |
| 2009-12-31 | GBX4.07 | GBX475.00 | x |
| 2010-12-31 | GBX4.97 | GBX475.00 | x |
| 2011-12-31 | GBX5.40 | GBX475.00 | x |
| 2012-12-31 | GBX4.93 | GBX475.00 | x |
| 2013-12-31 | GBX4.87 | GBX475.00 | x |
| 2014-12-31 | GBX5.01 | GBX475.00 | x |
| 2015-12-31 | GBX5.03 | GBX475.00 | x |
| 2016-12-31 | GBX5.03 | GBX475.00 | x |
| 2017-12-31 | GBX4.89 | GBX475.00 | x |
| 2018-12-31 | GBX4.13 | GBX475.00 | x |
| 2019-12-31 | GBX4.44 | GBX475.00 | x |
| 2020-12-31 | GBX3.69 | GBX475.00 | x |
| 2021-12-31 | GBX4.19 | GBX475.00 | x |
| 2022-12-31 | GBX2.80 | GBX475.00 | x |
| 2023-12-31 | GBX6.25 | GBX475.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Dunedin Enterprise Investment Trust 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): 3.63%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 76.66%
- • Asset Turnover: 0.05x
- • Equity Multiplier: 1.00x
- Recent ROE (3.63%) is below the historical average (8.56%), 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 | 12.51% | 74.20% | 0.16x | 1.03x | GBX2.65 Million |
| 2005 | 17.93% | 87.70% | 0.20x | 1.00x | GBX10.02 Million |
| 2006 | 18.27% | 88.65% | 0.21x | 1.00x | GBX12.51 Million |
| 2007 | 10.13% | 90.26% | 0.11x | 1.03x | GBX211.30K |
| 2008 | -19.94% | 0.00% | -0.16x | 1.09x | GBX-39.15 Million |
| 2009 | -0.56% | -56.43% | 0.01x | 1.00x | GBX-12.98 Million |
| 2010 | 18.54% | 93.63% | 0.19x | 1.04x | GBX12.82 Million |
| 2011 | 8.71% | 91.58% | 0.09x | 1.00x | GBX-2.09 Million |
| 2012 | 0.99% | 68.03% | 0.01x | 1.00x | GBX-12.36 Million |
| 2013 | -0.89% | 0.00% | 0.00x | 1.01x | GBX-12.66 Million |
| 2014 | -0.73% | 0.00% | 0.00x | 1.01x | GBX-11.43 Million |
| 2015 | -0.43% | -296.69% | 0.00x | 1.05x | GBX-10.89 Million |
| 2016 | 2.67% | 82.14% | 0.03x | 1.01x | GBX-7.61 Million |
| 2017 | 23.89% | 97.77% | 0.24x | 1.00x | GBX14.03 Million |
| 2018 | 7.07% | 91.48% | 0.08x | 1.02x | GBX-2.50 Million |
| 2019 | 13.17% | 96.57% | 0.13x | 1.02x | GBX2.91 Million |
| 2020 | -7.77% | 0.00% | -0.07x | 1.03x | GBX-13.31 Million |
| 2021 | 38.12% | 99.77% | 0.38x | 1.00x | GBX20.64 Million |
| 2022 | 25.88% | 95.79% | 0.27x | 1.00x | GBX5.48 Million |
| 2023 | 3.63% | 76.66% | 0.05x | 1.00x | GBX-2.19 Million |
Industry Comparison
This section compares Dunedin Enterprise Investment Trust PLC's net assets metrics with peer companies in the same industry.
Industry Context
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Dunedin Enterprise Investment Trust PLC (DNE) | GBX34.54 Million | 12.51% | 0.00x | $568.63 |
| Nyfosa AB (0A0K) | $9.78 Billion | 14.13% | 1.27x | $916.33 Million |
| High Templar Tech Limited (0A2T) | $12.52 Billion | 4.70% | 0.13x | $237.94 Million |
| Strategy Inc (0A7O) | $552.18 Million | 16.46% | 0.39x | $36.18 Billion |
| NACON SASU (0A9N) | $187.88 Million | 8.10% | 0.59x | $6.83 Million |
| Antin Infrastructure Partners (0AA5) | $37.87 Million | 244.84% | 2.17x | $549.67 Million |
| Truecaller AB Series B (0AA7) | $1.74 Billion | 30.76% | 0.24x | $255.93 Million |
| Brockhaus Technologies AG (0AAW) | $118.92 Million | -3.21% | 0.75x | $73.94 Million |
| Hyloris Pharmaceuticals S.A. (0AB6) | $59.06 Million | -12.10% | 0.17x | $66.67 Million |
| Kalray S.A. (0ABT) | $54.02 Million | -28.78% | 0.63x | $33.84 Million |
| Danieli & C Officine Meccaniche SpA (0APM) | $1.82 Billion | 2.78% | 1.65x | $2.66 Billion |