Finsbury Growth & Income Trust

LSE:FGT UK Asset Management
Market Cap
$10.56 Million
GBX86.77 Billion GBX
Market Cap Rank
#48297 Global
#1171 in UK
Share Price
GBX760.00
Change (1 day)
+0.80%
52-Week Range
GBX729.00 - GBX934.00
All Time High
GBX962.00
Categories
Companies in UK Asset Management Banking & Financial
About

Finsbury Growth & Income Trust PLC is a closed ended equity mutual fund launched Frostrow Capital LLP. The fund is co-managed by Lindsell Train Limited. It invests in public equity markets of the United Kingdom. The fund seeks to invest in stocks of companies operating across diversified sectors. It primarily invests in dividend paying value stocks of companies. The fund employs fundamental analy… Read more

Finsbury Growth & Income Trust (FGT) - Net Assets

Latest net assets as of September 2025: GBX1.23 Billion GBX

Based on the latest financial reports, Finsbury Growth & Income Trust (FGT) has net assets worth GBX1.23 Billion GBX as of September 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX1.26 Billion) and total liabilities (GBX33.77 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 GBX1.23 Billion
% of Total Assets 97.32%
Annual Growth Rate 10.78%
5-Year Change -40.54%
10-Year Change 31.17%
Growth Volatility 24.2

Finsbury Growth & Income Trust - Net Assets Trend (2000–2025)

This chart illustrates how Finsbury Growth & Income Trust's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Finsbury Growth & Income Trust (2000–2025)

The table below shows the annual net assets of Finsbury Growth & Income Trust from 2000 to 2025.

Year Net Assets Change
2025-09-30 GBX1.23 Billion -22.40%
2024-09-30 GBX1.58 Billion -13.20%
2023-09-30 GBX1.82 Billion -0.42%
2022-09-30 GBX1.83 Billion -11.35%
2021-09-30 GBX2.06 Billion +12.06%
2020-09-30 GBX1.84 Billion -2.24%
2019-09-30 GBX1.88 Billion +33.50%
2018-09-30 GBX1.41 Billion +21.24%
2017-09-30 GBX1.16 Billion +24.40%
2016-09-30 GBX936.02 Million +38.94%
2015-09-30 GBX673.69 Million +36.12%
2014-09-30 GBX494.93 Million +25.03%
2013-09-30 GBX395.84 Million +55.71%
2012-09-30 GBX254.21 Million +43.12%
2011-09-30 GBX177.62 Million +11.30%
2010-09-30 GBX159.59 Million +25.01%
2009-09-30 GBX127.66 Million +16.28%
2008-09-30 GBX109.78 Million -33.89%
2007-09-30 GBX166.06 Million +11.46%
2006-09-30 GBX148.98 Million +28.58%
2005-09-30 GBX115.87 Million +56.09%
2004-09-30 GBX74.23 Million +15.25%
2003-09-30 GBX64.41 Million +12.99%
2002-09-30 GBX57.00 Million -18.37%
2001-09-30 GBX69.83 Million -26.39%
2000-09-30 GBX94.87 Million --

Equity Component Analysis

This analysis shows how different components contribute to Finsbury Growth & Income Trust'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 3252.2% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (September 2025)

Component Amount Percentage
Retained Earnings GBX57.05 Million 4.65%
Common Stock GBX56.25 Million 4.58%
Other Comprehensive Income GBX1.11 Billion 90.77%
Total Equity GBX1.23 Billion 100.00%

Finsbury Growth & Income Trust Competitors by Market Cap

The table below lists competitors of Finsbury Growth & Income Trust ranked by their market capitalization.

Company Market Cap
Select Sands Corp
PINK:SLSDF
 		$885.00
At-Tahur Ltd.
KAR:PREMA
 		$885.29
Manila Broadcasting Co
PSE:MBC
 		$885.95
Pruksa Holding PCL
STU:2PR3
 		$887.16
Doseology Sciences Inc.
OTCQB:DOSEF
 		$883.41
Huddled Group Plc
LSE:HUD
 		$881.37
4 Less Group Inc
PINK:FLES
 		$881.18
Ferronoux Holdings Inc
PSE:FERRO
 		$881.03

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Finsbury Growth & Income Trust's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 1,582,168,000 to 1,227,740,000, a change of -354,428,000 (-22.4%).
  • Net loss of 13,885,000 reduced equity.
  • Dividend payments of 30,877,000 reduced retained earnings.
  • Share repurchases of 308,917,000 reduced equity.
  • Other comprehensive income increased equity by 698,495,000.
  • Other factors decreased equity by 699,244,000.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income GBX-13.88 Million -1.13%
Dividends Paid GBX30.88 Million -2.51%
Share Repurchases GBX308.92 Million -25.16%
Other Comprehensive Income GBX698.50 Million +56.89%
Other Changes GBX-699.24 Million -56.95%
Total Change GBX- -22.40%

Book Value vs Market Value Analysis

This analysis compares Finsbury Growth & Income Trust'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: 91.66x
  • 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 2501.89x to 91.66x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2002-09-30 GBX0.30 GBX760.00 x
2003-09-30 GBX1.66 GBX760.00 x
2004-09-30 GBX2.06 GBX760.00 x
2005-09-30 GBX2.86 GBX760.00 x
2006-09-30 GBX3.12 GBX760.00 x
2007-09-30 GBX3.23 GBX760.00 x
2008-09-30 GBX2.10 GBX760.00 x
2009-09-30 GBX2.52 GBX760.00 x
2010-09-30 GBX3.10 GBX760.00 x
2011-09-30 GBX3.27 GBX760.00 x
2012-09-30 GBX4.05 GBX760.00 x
2013-09-30 GBX5.21 GBX760.00 x
2014-09-30 GBX5.43 GBX760.00 x
2015-09-30 GBX6.20 GBX760.00 x
2016-09-30 GBX7.13 GBX760.00 x
2017-09-30 GBX7.70 GBX760.00 x
2018-09-30 GBX8.50 GBX760.00 x
2019-09-30 GBX10.01 GBX760.00 x
2020-09-30 GBX8.74 GBX760.00 x
2021-09-30 GBX9.24 GBX760.00 x
2022-09-30 GBX8.68 GBX760.00 x
2023-09-30 GBX8.69 GBX760.00 x
2024-09-30 GBX8.44 GBX760.00 x
2025-09-30 GBX8.29 GBX760.00 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Finsbury Growth & Income Trust 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): -1.13%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -8.91%
  • • Asset Turnover: 0.12x
  • • Equity Multiplier: 1.03x
  • Recent ROE (-1.13%) is below the historical average (8.48%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2003 14.51% 88.63% 0.14x 1.16x GBX2.91 Million
2004 21.73% 90.12% 0.20x 1.23x GBX8.71 Million
2005 20.18% 91.35% 0.19x 1.17x GBX11.79 Million
2006 17.72% 90.75% 0.17x 1.14x GBX11.51 Million
2007 6.27% 76.22% 0.07x 1.15x GBX-6.20 Million
2008 -43.31% 0.00% -0.37x 1.12x GBX-58.53 Million
2009 17.13% 93.26% 0.17x 1.11x GBX9.10 Million
2010 20.18% 94.41% 0.20x 1.07x GBX16.25 Million
2011 4.84% 80.80% 0.06x 1.08x GBX-9.16 Million
2012 16.99% 97.38% 0.16x 1.07x GBX17.77 Million
2013 21.53% 98.93% 0.21x 1.05x GBX45.62 Million
2014 7.29% 94.89% 0.07x 1.05x GBX-13.42 Million
2015 8.76% 96.22% 0.09x 1.05x GBX-8.36 Million
2016 16.06% 98.19% 0.16x 1.04x GBX56.69 Million
2017 11.64% 97.60% 0.12x 1.03x GBX19.13 Million
2018 11.01% 97.72% 0.11x 1.03x GBX14.27 Million
2019 14.36% 98.36% 0.14x 1.02x GBX81.88 Million
2020 -7.67% 0.00% -0.07x 1.02x GBX-325.66 Million
2021 9.52% 97.66% 0.10x 1.02x GBX-9.85 Million
2022 -6.49% 0.00% -0.06x 1.02x GBX-301.78 Million
2023 7.07% 96.19% 0.07x 1.02x GBX-53.41 Million
2024 6.84% 49.13% 0.14x 1.02x GBX-50.04 Million
2025 -1.13% -8.91% 0.12x 1.03x GBX-136.66 Million

Industry Comparison

This section compares Finsbury Growth & Income Trust'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
Finsbury Growth & Income Trust (FGT) GBX1.23 Billion 14.51% 0.03x $884.29
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