Fidelity Emerging Markets Ord (FEML) - Net Assets
Based on the latest financial reports, Fidelity Emerging Markets Ord (FEML) has net assets worth GBX677.67 Million GBX (≈ $82.45K USD) as of December 2024. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX694.63 Million ≈ $84.52K USD) and total liabilities (GBX16.96 Million ≈ $2.06K 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. Check FEML cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | GBX677.67 Million |
| % of Total Assets | 97.56% |
| Annual Growth Rate | -3.75% |
| 5-Year Change | -39.19% |
| 10-Year Change | -38.37% |
| Growth Volatility | 20.18 |
Fidelity Emerging Markets Ord - Net Assets Trend (2011–2024)
This chart illustrates how Fidelity Emerging Markets Ord's net assets have evolved over time, based on quarterly financial data. Also explore FEML asset base for the complete picture of this company's asset base.
Annual Net Assets for Fidelity Emerging Markets Ord (2011–2024)
The table below shows the annual net assets of Fidelity Emerging Markets Ord from 2011 to 2024. For live valuation and market cap data, see market cap of Fidelity Emerging Markets Ord.
| Year | Net Assets | Change |
|---|---|---|
| 2024-06-30 | GBX753.45 Million ≈ $91.67K |
-5.43% |
| 2023-06-30 | GBX796.73 Million ≈ $96.94K |
0.00% |
| 2022-06-30 | GBX796.76 Million ≈ $96.94K |
-53.32% |
| 2021-06-30 | GBX1.71 Billion ≈ $207.66K |
+37.76% |
| 2020-06-30 | GBX1.24 Billion ≈ $150.75K |
-5.66% |
| 2019-06-30 | GBX1.31 Billion ≈ $159.80K |
-7.08% |
| 2018-06-30 | GBX1.41 Billion ≈ $171.96K |
+7.08% |
| 2017-06-30 | GBX1.32 Billion ≈ $160.59K |
+17.18% |
| 2016-06-30 | GBX1.13 Billion ≈ $137.05K |
-7.86% |
| 2015-06-30 | GBX1.22 Billion ≈ $148.75K |
-8.39% |
| 2014-06-30 | GBX1.33 Billion ≈ $162.38K |
+16.27% |
| 2013-06-30 | GBX1.15 Billion ≈ $139.65K |
+5.95% |
| 2012-06-30 | GBX1.08 Billion ≈ $131.80K |
-12.59% |
| 2011-06-30 | GBX1.24 Billion ≈ $150.78K |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Fidelity Emerging Markets 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 grown by 5133300000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (June 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | GBX51.33 Million | 6.81% |
| Other Comprehensive Income | GBX695.82 Million | 92.35% |
| Other Components | GBX6.29 Million | 0.83% |
| Total Equity | GBX753.45 Million | 100.00% |
Fidelity Emerging Markets Ord Competitors by Market Cap
The table below lists competitors of Fidelity Emerging Markets Ord ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Americore Resources Corp.
V:AMCO
|
$7.47 Million |
|
Vital Energy Inc
V:VUX
|
$7.48 Million |
|
Mcnally Bharat Engineering Company Limited
NSE:MBECL
|
$7.48 Million |
|
Lombard et Medot SA
PA:MLCAC
|
$7.48 Million |
|
Image Systems AB
ST:IS
|
$7.47 Million |
|
Robogroup
TA:ROBO
|
$7.45 Million |
|
Corazon Mining Ltd
AU:CZN
|
$7.45 Million |
|
Oxbridge Re Holdings Ltd
NASDAQ:OXBR
|
$7.45 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Fidelity Emerging Markets Ord's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 796,734,000 to 753,446,000, a change of -43,288,000 (-5.4%).
- Net income of 126,065,000 contributed positively to equity growth.
- Dividend payments of 20,031,000 reduced retained earnings.
- Share repurchases of 150,107,000 reduced equity.
- Other comprehensive income decreased equity by 40,038,000.
- Other factors increased equity by 40,823,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | GBX126.06 Million | +16.73% |
| Dividends Paid | GBX20.03 Million | -2.66% |
| Share Repurchases | GBX150.11 Million | -19.92% |
| Other Comprehensive Income | GBX-40.04 Million | -5.31% |
| Other Changes | GBX40.82 Million | +5.42% |
| Total Change | GBX- | -5.43% |
Book Value vs Market Value Analysis
This analysis compares Fidelity Emerging Markets 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: 153.23x
- 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 increased from 144.87x to 153.23x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2011-06-30 | GBX9.17 | GBX1328.00 | x |
| 2012-06-30 | GBX8.01 | GBX1328.00 | x |
| 2013-06-30 | GBX8.49 | GBX1328.00 | x |
| 2014-06-30 | GBX9.88 | GBX1328.00 | x |
| 2015-06-30 | GBX8.99 | GBX1328.00 | x |
| 2016-06-30 | GBX8.31 | GBX1328.00 | x |
| 2017-06-30 | GBX9.74 | GBX1328.00 | x |
| 2018-06-30 | GBX10.44 | GBX1328.00 | x |
| 2019-06-30 | GBX10.59 | GBX1328.00 | x |
| 2020-06-30 | GBX10.17 | GBX1328.00 | x |
| 2021-06-30 | GBX13.99 | GBX1328.00 | x |
| 2022-06-30 | GBX7.94 | GBX1328.00 | x |
| 2023-06-30 | GBX8.75 | GBX1328.00 | x |
| 2024-06-30 | GBX8.67 | GBX1328.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Fidelity Emerging Markets 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): 16.73%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 94.81%
- • Asset Turnover: 0.17x
- • Equity Multiplier: 1.04x
- Recent ROE (16.73%) is above the historical average (1.12%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 21.25% | 96.54% | 0.22x | 1.01x | GBX139.12 Million |
| 2012 | -14.39% | 0.00% | -0.14x | 1.00x | GBX-263.80 Million |
| 2013 | 5.57% | 92.56% | 0.06x | 1.00x | GBX-50.79 Million |
| 2014 | 14.15% | 97.01% | 0.15x | 1.00x | GBX55.31 Million |
| 2015 | -9.95% | 0.00% | -0.09x | 1.01x | GBX-242.04 Million |
| 2016 | -8.20% | 0.00% | -0.08x | 1.01x | GBX-204.13 Million |
| 2017 | 14.68% | 96.12% | 0.15x | 1.01x | GBX61.45 Million |
| 2018 | 8.04% | 93.18% | 0.09x | 1.00x | GBX-27.67 Million |
| 2019 | 3.67% | 78.88% | 0.05x | 1.01x | GBX-82.59 Million |
| 2020 | -3.76% | 0.00% | -0.04x | 1.00x | GBX-170.00 Million |
| 2021 | 28.48% | 97.31% | 0.29x | 1.01x | GBX314.06 Million |
| 2022 | -62.44% | -1405.91% | 0.04x | 1.03x | GBX-577.16 Million |
| 2023 | 1.83% | 35.86% | 0.05x | 1.04x | GBX-65.12 Million |
| 2024 | 16.73% | 94.81% | 0.17x | 1.04x | GBX50.72 Million |
Industry Comparison
This section compares Fidelity Emerging Markets Ord's net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $745,852,800
- Average return on equity (ROE) among peers: 2.99%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Fidelity Emerging Markets Ord (FEML) | GBX677.67 Million | 21.25% | 0.03x | $7.47 Million |
| 3I Infrastructure PLC (3IN) | $1.20 Billion | 4.98% | 0.15x | $42.14 Million |
| Albion Enterprise VCT PLC (AAEV) | $61.87 Million | 11.55% | 0.03x | $3.29 Million |
| abrdn Asian Income Fund Limited (AAIF) | $431.87 Million | 14.17% | 0.08x | $5.17 Million |
| Abrdn Asia Focus PLC (AAS) | $98.67 Million | 9.82% | 0.09x | $7.49 Million |
| Albion Technology & General VCT PLC (AATG) | $64.83 Million | 5.63% | 0.01x | $3.22 Million |
| Abrdn PLC (ABDN) | $4.56 Billion | 10.22% | 39.48x | $45.21 Million |
| Aberdeen Diversified Income and Growth Trust PLC (ADIG) | $426.87 Million | 6.29% | 0.20x | $450.86K |
| Aquila Energy Efficiency Trust PLC (AEET) | $69.67 Million | -2.91% | 0.02x | $261.59K |
| Aquila European Renewables Income PLC (AERI) | $372.54 Million | -8.03% | 0.00x | $79.35 Million |
| Artemis UK Future Leaders plc (AFL) | $174.91 Million | -21.80% | 0.02x | $415.29 |
About Fidelity Emerging Markets Ord
Fidelity Emerging Markets Limited is a closed ended equity mutual fund launched by Genesis Asset Managers, LLP. The fund is managed by Genesis Investment Management, LLP. It invests in the public equity markets of emerging countries across the globe. The fund invests in stocks of companies operating across diversified sectors. It invests in value stocks of companies. The fund employs fundamental … Read more