The European Smaller Companies Trust PLC Net Assets

Latest as of June 2026: GBX862.97 Million GBX ≈ $105.00K USD

The European Smaller Companies Trust PLC net assets. Based on the latest financial reports, The European Smaller Companies Trust PLC (ESCT) has net assets worth GBX862.97 Million GBX (≈ $105.00K USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX947.78 Million ≈ $115.32K USD) and total liabilities (GBX84.81 Million ≈ $10.32K 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. Also explore ESCT shareholders equity momentum to track the company's year-over-year net asset growth rate.

Key Net Assets Metrics

Metric	Value
Current Net Assets	GBX862.97 Million
% of Total Assets	91.05%
Annual Growth Rate	4.33%
5-Year Change	32.26%
10-Year Change	51.54%
Growth Volatility	29.64

Net Assets of The European Smaller Companies Trust PLC (2004–2026)

Net assets of The European Smaller Companies Trust PLC from 2004 to 2026. This chart illustrates how The European Smaller Companies Trust PLC's net assets have evolved over time, based on quarterly financial data. See debt-free asset ratio of The European Smaller Companies Trust PLC to measure how much of total assets are equity-financed.

Annual Net Assets for The European Smaller Companies Trust PLC (2004–2026)

The table below shows the annual net assets of The European Smaller Companies Trust PLC from 2004 to 2026. For live market cap and overall valuation, see market cap of The European Smaller Companies Trust PLC.

Year	Net Assets	Change
2026-06-30	GBX862.97 Million ≈ $105.00K	+68.99%
2025-06-30	GBX510.68 Million ≈ $62.13K	-36.05%
2024-06-30	GBX798.59 Million ≈ $97.17K	+8.12%
2023-06-30	GBX738.64 Million ≈ $89.87K	+13.21%
2022-06-30	GBX652.46 Million ≈ $79.39K	-22.39%
2021-06-30	GBX840.67 Million ≈ $102.28K	+60.62%
2020-06-30	GBX523.37 Million ≈ $63.68K	+0.45%
2019-06-30	GBX521.02 Million ≈ $63.39K	-9.32%
2018-06-30	GBX574.59 Million ≈ $69.91K	+0.90%
2017-06-30	GBX569.46 Million ≈ $69.29K	+50.78%
2016-06-30	GBX377.68 Million ≈ $45.95K	+11.86%
2015-06-30	GBX337.64 Million ≈ $41.08K	+3.68%
2014-06-30	GBX325.68 Million ≈ $39.63K	+32.32%
2013-06-30	GBX246.12 Million ≈ $29.95K	+33.04%
2012-06-30	GBX185.01 Million ≈ $22.51K	-30.03%
2011-06-30	GBX264.41 Million ≈ $32.17K	+32.55%
2010-06-30	GBX199.48 Million ≈ $24.27K	-7.39%
2009-06-30	GBX215.40 Million ≈ $26.21K	-35.09%
2008-06-30	GBX331.85 Million ≈ $40.38K	-27.87%
2007-06-30	GBX460.08 Million ≈ $55.98K	+25.90%
2006-06-30	GBX365.43 Million ≈ $44.46K	+23.93%
2005-06-30	GBX294.87 Million ≈ $35.88K	-13.27%
2004-06-30	GBX339.99 Million ≈ $41.37K	--

Equity Component Analysis

This analysis shows how different components contribute to The European Smaller Companies 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 2228200000.0% over the analyzed period, indicating profitable operations and earnings retention.

The European Smaller Companies Trust PLC Net Assets Breakdown (June 2026)

The European Smaller Companies Trust PLC net assets breakdown by equity component as of June 2026.

Component	Amount	Percentage
Retained Earnings	GBX22.28 Million	2.58%
Common Stock	GBX6.41 Million	0.74%
Other Comprehensive Income	GBX834.28 Million	96.67%
Total Equity	GBX862.97 Million	100.00%

The European Smaller Companies Trust PLC Competitors by Market Cap

The table below lists competitors of The European Smaller Companies Trust PLC ranked by their market capitalization.

Company	Market Cap
Federal International Holdings Bhd KLSE:8605	$9.17 Million
Nur Ink Innovations Ltd TA:NURI	$9.17 Million
Alarum Technologies Ltd. NASDAQ:ALAR	$9.19 Million
Af Legal Group Ltd AU:AFL	$9.19 Million
Harper Hygienics S.A. WAR:HRP	$9.15 Million
Origin Agritech Ltd F:39O1	$9.15 Million
Immuron Ltd AU:IMC	$9.15 Million
U-BX Technology Ltd. NASDAQ:UBXG	$9.14 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in The European Smaller Companies Trust PLC's equity between the two most recent reporting periods.

Equity Growth Insights

From 2025 to 2026, total equity changed from 510,677,000 to 862,973,000, a change of 352,296,000 (69.0%).
Net income of 112,577,000 contributed positively to equity growth.
Dividend payments of 27,395,000 reduced retained earnings.
Share repurchases of 36,202,000 reduced equity.
Other comprehensive income increased equity by 481,354,000.
Other factors decreased equity by 178,038,000.

Equity Change Factors (2025 to 2026)

Factor	Impact	Contribution
Net Income	GBX112.58 Million	+13.05%
Dividends Paid	GBX27.39 Million	-3.17%
Share Repurchases	GBX36.20 Million	-4.2%
Other Comprehensive Income	GBX481.35 Million	+55.78%
Other Changes	GBX-178.04 Million	-20.63%
Total Change	GBX-	68.99%

Book Value vs Market Value Analysis

This analysis compares The European Smaller Companies 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: 81.04x
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 802.71x to 81.04x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2004-06-30	GBX0.28	GBX222.50	x
2005-06-30	GBX0.26	GBX222.50	x
2006-06-30	GBX0.50	GBX222.50	x
2007-06-30	GBX0.67	GBX222.50	x
2008-06-30	GBX0.54	GBX222.50	x
2009-06-30	GBX0.39	GBX222.50	x
2010-06-30	GBX0.43	GBX222.50	x
2011-06-30	GBX0.65	GBX222.50	x
2012-06-30	GBX0.46	GBX222.50	x
2013-06-30	GBX0.62	GBX222.50	x
2014-06-30	GBX0.81	GBX222.50	x
2015-06-30	GBX0.84	GBX222.50	x
2016-06-30	GBX0.94	GBX222.50	x
2017-06-30	GBX1.43	GBX222.50	x
2018-06-30	GBX1.44	GBX222.50	x
2019-06-30	GBX1.30	GBX222.50	x
2020-06-30	GBX1.31	GBX222.50	x
2021-06-30	GBX2.10	GBX222.50	x
2022-06-30	GBX1.63	GBX222.50	x
2023-06-30	GBX1.84	GBX222.50	x
2024-06-30	GBX2.00	GBX222.50	x
2025-06-30	GBX1.36	GBX222.50	x
2026-06-30	GBX2.75	GBX222.50	x

Capital Efficiency Dashboard

This dashboard shows how efficiently The European Smaller Companies 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): 13.05%
The company shows good efficiency in utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 92.80%
• Asset Turnover: 0.13x
• Equity Multiplier: 1.10x
Recent ROE (13.05%) is above the historical average (9.77%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2004	31.68%	96.44%	0.32x	1.01x	GBX73.71 Million
2005	34.76%	91.67%	0.36x	1.07x	GBX73.00 Million
2006	26.82%	92.11%	0.28x	1.03x	GBX61.47 Million
2007	27.31%	93.47%	0.27x	1.07x	GBX79.66 Million
2008	-25.47%	0.00%	-0.23x	1.06x	GBX-117.70 Million
2009	-42.31%	0.00%	-0.41x	1.02x	GBX-112.68 Million
2010	18.28%	94.86%	0.19x	1.02x	GBX16.51 Million
2011	26.82%	97.45%	0.27x	1.04x	GBX44.48 Million
2012	-40.62%	0.00%	-0.36x	1.11x	GBX-93.65 Million
2013	26.05%	98.58%	0.23x	1.15x	GBX39.50 Million
2014	25.65%	98.71%	0.22x	1.16x	GBX50.98 Million
2015	4.91%	93.37%	0.05x	1.13x	GBX-17.20 Million
2016	11.86%	97.85%	0.11x	1.10x	GBX7.01 Million
2017	35.04%	99.29%	0.32x	1.10x	GBX142.59 Million
2018	1.73%	84.86%	0.02x	1.09x	GBX-47.52 Million
2019	-8.21%	0.00%	-0.07x	1.12x	GBX-94.90 Million
2020	2.58%	90.34%	0.03x	1.10x	GBX-38.81 Million
2021	39.08%	275.08%	0.13x	1.11x	GBX244.45 Million
2022	-26.78%	-371.63%	0.06x	1.12x	GBX-239.96 Million
2023	14.13%	97.34%	0.13x	1.14x	GBX30.52 Million
2024	10.63%	97.54%	0.10x	1.12x	GBX5.04 Million
2025	17.63%	55.81%	0.31x	1.03x	GBX38.99 Million
2026	13.05%	92.80%	0.13x	1.10x	GBX26.28 Million

Industry Comparison

This section compares The European Smaller Companies Trust PLC's net assets metrics with peer companies in the Asset Management industry.

Industry Context

Industry: Asset Management
Average net assets among peers: $779,959,000
Average return on equity (ROE) among peers: 9.61%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
The European Smaller Companies Trust PLC (ESCT)	GBX862.97 Million	31.68%	0.10x	$9.16 Million
3I Infrastructure PLC (3IN)	$1.05 Billion	8.61%	0.19x	$44.33 Million
Albion Enterprise VCT PLC (AAEV)	$34.66 Million	4.31%	0.01x	$3.20 Million
abrdn Asian Income Fund Limited (AAIF)	$134.84 Million	12.81%	0.12x	$4.98 Million
Abrdn Asia Focus PLC (AAS)	$441.01 Million	6.12%	0.13x	$6.75 Million
Albion Technology & General VCT PLC (AATG)	$127.32 Million	3.41%	0.01x	$3.06 Million
Abrdn PLC (ABDN)	$5.04 Billion	4.70%	0.53x	$48.69 Million
Aberdeen Diversified Income and Growth Trust PLC (ADIG)	$382.54 Million	14.91%	0.21x	$450.86K
Aquila Energy Efficiency Trust PLC (AEET)	$94.28 Million	0.32%	0.01x	$217.99K
Aquila European Renewables Income PLC (AERI)	$417.44 Million	6.38%	0.01x	$64.28 Million
Artemis UK Future Leaders plc (AFL)	$80.20 Million	34.52%	0.07x	$464.11

About The European Smaller Companies Trust PLC

LSE:ESCT UK Asset Management

Market Cap

$9.16 Million

GBX75.27 Billion GBX

Market Cap Rank

#27160 Global

#368 in UK

Share Price

GBX222.50

Change (1 day)

-0.22%

52-Week Range

GBX197.00 - GBX246.50

All Time High

GBX246.50