European Assets Trust PLC
European Assets Trust PLC is a closed-ended equity mutual fund launched and managed by BMO Investment Business Limited. The fund invests in the public equity markets of Europe, excluding the United Kingdom. It seeks to invest in stocks of companies operating across diversified sectors. The fund primarily invests in stocks of small and mid cap companies with a market capitalization below that of t… Read more
European Assets Trust PLC (EAT) - Net Assets
Latest net assets as of June 2025: GBX362.80 Million GBX
Based on the latest financial reports, European Assets Trust PLC (EAT) has net assets worth GBX362.80 Million GBX as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX398.86 Million) and total liabilities (GBX36.05 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 | GBX362.80 Million |
| % of Total Assets | 90.96% |
| Annual Growth Rate | 8.97% |
| 5-Year Change | -30.84% |
| 10-Year Change | -7.41% |
| Growth Volatility | 24.72 |
European Assets Trust PLC - Net Assets Trend (2008–2024)
This chart illustrates how European Assets 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 European Assets Trust PLC (2008–2024)
The table below shows the annual net assets of European Assets Trust PLC from 2008 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | GBX330.61 Million | -6.61% |
| 2023-12-31 | GBX354.00 Million | +1.83% |
| 2022-12-31 | GBX347.63 Million | -33.86% |
| 2021-12-31 | GBX525.59 Million | +9.96% |
| 2020-12-31 | GBX478.00 Million | +13.38% |
| 2019-12-31 | GBX421.59 Million | +13.62% |
| 2018-12-31 | GBX371.05 Million | -17.75% |
| 2017-12-31 | GBX451.11 Million | +21.32% |
| 2016-12-31 | GBX371.84 Million | +4.14% |
| 2015-12-31 | GBX357.07 Million | +67.34% |
| 2014-12-31 | GBX213.38 Million | +21.88% |
| 2013-12-31 | GBX175.08 Million | +58.14% |
| 2012-12-31 | GBX110.72 Million | +21.09% |
| 2011-12-31 | GBX91.43 Million | -16.22% |
| 2010-12-31 | GBX109.13 Million | +11.90% |
| 2009-12-31 | GBX97.52 Million | +16.52% |
| 2008-12-31 | GBX83.69 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to European Assets 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 decreased by 0.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | GBX37.51 Million | 11.34% |
| Other Comprehensive Income | GBX293.10 Million | 88.66% |
| Total Equity | GBX330.61 Million | 100.00% |
European Assets Trust PLC Competitors by Market Cap
The table below lists competitors of European Assets Trust PLC ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
HAW Capital Corp
V:HAW-P
|
$101.11 |
|
Foresight Solar & Techn VCT PLC Foresight Williams Tech Shares
LSE:FWT
|
$101.20 |
|
Bluefield Solar Income Fund
LSE:BSIF
|
$101.30 |
|
SINO-OCEAN LAND
MU:3SD
|
$101.57 |
|
MALAWI PROPERTY INVESTMENT COMPANY
MSE:MPICO
|
$100.89 |
|
Lotus For Agricultural Investments And Development
EGX:LUTS
|
$100.77 |
|
BANK INTL INDON -A-
MU:BOZA
|
$100.63 |
|
Dito CME Holdings Corp
PSE:DITO
|
$100.28 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in European Assets Trust PLC's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 353,996,000 to 330,609,000, a change of -23,387,000 (-6.6%).
- Net income of 13,412,000 contributed positively to equity growth.
- Dividend payments of 21,244,000 reduced retained earnings.
- Other comprehensive income increased equity by 296,717,285.
- Other factors decreased equity by 312,272,285.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | GBX13.41 Million | +4.06% |
| Dividends Paid | GBX21.24 Million | -6.43% |
| Other Comprehensive Income | GBX296.72 Million | +89.75% |
| Other Changes | GBX-312.27 Million | -94.45% |
| Total Change | GBX- | -6.61% |
Book Value vs Market Value Analysis
This analysis compares European Assets 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: 99.33x
- 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 180.52x to 99.33x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2008-12-31 | GBX0.51 | GBX91.20 | x |
| 2009-12-31 | GBX0.63 | GBX91.20 | x |
| 2010-12-31 | GBX0.72 | GBX91.20 | x |
| 2011-12-31 | GBX0.61 | GBX91.20 | x |
| 2012-12-31 | GBX0.75 | GBX91.20 | x |
| 2013-12-31 | GBX1.07 | GBX91.20 | x |
| 2014-12-31 | GBX1.05 | GBX91.20 | x |
| 2015-12-31 | GBX1.32 | GBX91.20 | x |
| 2016-12-31 | GBX1.13 | GBX91.20 | x |
| 2017-12-31 | GBX1.34 | GBX91.20 | x |
| 2018-12-31 | GBX1.04 | GBX91.20 | x |
| 2019-12-31 | GBX1.17 | GBX91.20 | x |
| 2020-12-31 | GBX1.33 | GBX91.20 | x |
| 2021-12-31 | GBX1.46 | GBX91.20 | x |
| 2022-12-31 | GBX0.97 | GBX91.20 | x |
| 2023-12-31 | GBX0.98 | GBX91.20 | x |
| 2024-12-31 | GBX0.92 | GBX91.20 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently European Assets 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): 4.06%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 338.94%
- • Asset Turnover: 0.01x
- • Equity Multiplier: 1.09x
- Recent ROE (4.06%) is above the historical average (-0.49%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | -135.10% | 0.00% | -1.32x | 1.01x | GBX-121.44 Million |
| 2009 | 30.14% | 97.20% | 0.31x | 1.00x | GBX19.64 Million |
| 2010 | 20.31% | 96.15% | 0.21x | 1.01x | GBX11.25 Million |
| 2011 | -8.18% | 0.00% | -0.07x | 1.10x | GBX-16.63 Million |
| 2012 | 24.74% | 96.92% | 0.24x | 1.06x | GBX16.32 Million |
| 2013 | 23.92% | 97.87% | 0.23x | 1.07x | GBX24.38 Million |
| 2014 | 12.74% | 96.60% | 0.12x | 1.06x | GBX5.84 Million |
| 2015 | 16.44% | 97.60% | 0.17x | 1.00x | GBX22.98 Million |
| 2016 | -8.06% | 0.00% | -0.08x | 1.00x | GBX-67.17 Million |
| 2017 | 15.13% | 98.33% | 0.15x | 1.01x | GBX23.16 Million |
| 2018 | -19.72% | 0.00% | -0.19x | 1.01x | GBX-110.27 Million |
| 2019 | 22.52% | 96.84% | 0.23x | 1.00x | GBX52.80 Million |
| 2020 | 12.87% | 97.72% | 0.12x | 1.06x | GBX13.74 Million |
| 2021 | 20.11% | 98.20% | 0.20x | 1.05x | GBX53.10 Million |
| 2022 | -50.07% | 0.00% | -0.48x | 1.03x | GBX-208.81 Million |
| 2023 | 9.86% | 189.27% | 0.05x | 1.07x | GBX-511.60K |
| 2024 | 4.06% | 338.94% | 0.01x | 1.09x | GBX-19.65 Million |
Industry Comparison
This section compares European Assets Trust PLC's net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $381,578,830
- Average return on equity (ROE) among peers: 2.08%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| European Assets Trust PLC (EAT) | GBX362.80 Million | -135.10% | 0.10x | $101.03 |
| 3I Infrastructure PLC (3IN) | $1.25 Billion | 6.43% | 0.14x | $396.99K |
| 450 PLC (450) | $5.16 Million | -13.53% | 0.02x | $1.71K |
| abrdn Asian Income Fund Limited (AAIF) | $398.87 Million | 2.19% | 0.09x | $340.47 |
| Abrdn Asia Focus PLC (AAS) | $109.83 Million | -14.86% | 0.05x | $438.52 |
| Albion Technology & General VCT PLC (AATG) | $72.65 Million | 5.77% | 0.01x | $73.82 |
| Aberdeen Diversified Income and Growth Trust PLC (ADIG) | $343.29 Million | -4.87% | 0.24x | $16.84 |
| Aquila Energy Efficiency Trust PLC (AEET) | $97.38 Million | -0.64% | 0.00x | $2.38K |
| Aquila European Renewables Income PLC (AERI) | $316.90 Million | -0.37% | 0.13x | $2.47K |
| Artemis UK Future Leaders plc (AFL) | $111.28 Million | 27.82% | 0.00x | $409.33 |
| AVI Global Trust PLC (AGT) | $1.11 Billion | 12.82% | 0.15x | $2.81 Million |