GRIT Real Estate Income Group

LSE:GR1T UK Real Estate Services
Market Cap
$426.73K
GBX3.51 Billion GBX
Market Cap Rank
#46271 Global
#948 in UK
Share Price
GBX6.75
Change (1 day)
+0.00%
52-Week Range
GBX5.45 - GBX8.50
All Time High
GBX73.53
Categories
Companies in UK Real Estate Services
About

Grit Real Estate Income Group Limited is the leading Pan-African real estate company focused on investing in, developing and actively managing a diversified portfolio of assets in carefully selected African countries (excluding South Africa). These high-quality assets are underpinned by predominantly US$ and Euro denominated long-term leases with a wide range of blue-chip multi-national tenant co… Read more

GRIT Real Estate Income Group (GR1T) - Net Assets

Latest net assets as of June 2025: GBX344.38 Million GBX

Based on the latest financial reports, GRIT Real Estate Income Group (GR1T) has net assets worth GBX344.38 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 (GBX1.08 Billion) and total liabilities (GBX738.44 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 GBX344.38 Million
% of Total Assets 31.8%
Annual Growth Rate 57.33%
5-Year Change 23.7%
10-Year Change 110.79%
Growth Volatility 3489.64

GRIT Real Estate Income Group - Net Assets Trend (2012–2025)

This chart illustrates how GRIT Real Estate Income Group's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for GRIT Real Estate Income Group (2012–2025)

The table below shows the annual net assets of GRIT Real Estate Income Group from 2012 to 2025.

Year Net Assets Change
2025-06-30 GBX344.38 Million -3.62%
2024-06-30 GBX357.31 Million +7.10%
2023-06-30 GBX333.62 Million -9.68%
2022-06-30 GBX369.38 Million +32.68%
2021-06-30 GBX278.40 Million -6.35%
2020-06-30 GBX297.27 Million -24.65%
2019-06-30 GBX394.53 Million +43.23%
2018-06-30 GBX275.44 Million -12.48%
2017-06-30 GBX314.72 Million +92.64%
2016-06-30 GBX163.37 Million +31.31%
2015-06-30 GBX124.41 Million +13107.19%
2014-06-30 GBX942.01K +3.96%
2013-08-31 GBX906.17K -11.83%
2012-08-31 GBX1.03 Million --

Equity Component Analysis

This analysis shows how different components contribute to GRIT Real Estate Income Group'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 208733.2% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (June 2025)

Component Amount Percentage
Other Components GBX591.41 Million 268.59%
Total Equity GBX220.19 Million 100.00%

GRIT Real Estate Income Group Competitors by Market Cap

The table below lists competitors of GRIT Real Estate Income Group ranked by their market capitalization.

Company Market Cap
PertroVietnam Power Services JSC
VN:PPS
 		$4.27K
Hai Phong Elec
VN:DHP
 		$4.27K
Denali Capital Acquisition Corp. Warrant
NASDAQ:DECAW
 		$4.27K
UBNSF
OTCGREY:UBNSF
 		$4.28K
RIVEO LIMITED
SEM:RIVO
 		$4.27K
AERI3F
SA:AERI3F
 		$4.26K
Guandao Puer Investment Co Ltd SA
PA:MLGDI
 		$4.26K
C W Mackie PLC
CM:CWMN0000
 		$4.25K

Equity Growth Attribution

This analysis shows how different factors contributed to changes in GRIT Real Estate Income Group's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 254,709,000 to 220,189,000, a change of -34,520,000 (-13.6%).
  • Net loss of 62,244,000 reduced equity.
  • Dividend payments of 1,500,000 reduced retained earnings.
  • Other factors increased equity by 29,224,000.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income GBX-62.24 Million -28.27%
Dividends Paid GBX1.50 Million -0.68%
Other Changes GBX29.22 Million +13.27%
Total Change GBX- -13.55%

Book Value vs Market Value Analysis

This analysis compares GRIT Real Estate Income Group'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: 15.93x
  • 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 3.36x to 15.93x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2012-08-31 GBX2.01 GBX6.75 x
2013-08-31 GBX1.36 GBX6.75 x
2014-06-30 GBX1.41 GBX6.75 x
2015-06-30 GBX2.64 GBX6.75 x
2016-06-30 GBX2.00 GBX6.75 x
2017-06-30 GBX2.87 GBX6.75 x
2018-06-30 GBX1.39 GBX6.75 x
2019-06-30 GBX1.35 GBX6.75 x
2020-06-30 GBX0.98 GBX6.75 x
2021-06-30 GBX0.94 GBX6.75 x
2022-06-30 GBX0.98 GBX6.75 x
2023-06-30 GBX0.74 GBX6.75 x
2024-06-30 GBX0.53 GBX6.75 x
2025-06-30 GBX0.42 GBX6.75 x

Capital Efficiency Dashboard

This dashboard shows how efficiently GRIT Real Estate Income Group 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): -28.27%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -86.16%
  • • Asset Turnover: 0.07x
  • • Equity Multiplier: 4.92x
  • Recent ROE (-28.27%) is below the historical average (-6.26%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2012 17.31% 587.05% 0.02x 1.90x GBX75.15K
2013 -11.48% -100.94% 0.08x 1.34x GBX-194.62K
2014 -6.06% 0.00% 0.00x 1.02x GBX-150.51K
2015 0.15% 1.11% 0.07x 1.90x GBX-12.26 Million
2016 1.21% 8.55% 0.07x 2.10x GBX-14.36 Million
2017 -2.11% -27.64% 0.04x 1.86x GBX-38.11 Million
2018 10.22% 85.93% 0.05x 2.33x GBX623.70K
2019 7.19% 65.60% 0.05x 2.22x GBX-10.96 Million
2020 -21.19% -130.04% 0.06x 2.84x GBX-92.90 Million
2021 -17.52% -105.51% 0.06x 2.74x GBX-81.56 Million
2022 2.67% 14.39% 0.08x 2.39x GBX-28.72 Million
2023 -6.58% -42.01% 0.06x 2.53x GBX-59.54 Million
2024 -33.17% -132.07% 0.06x 4.14x GBX-109.97 Million
2025 -28.27% -86.16% 0.07x 4.92x GBX-84.26 Million

Industry Comparison

This section compares GRIT Real Estate Income Group's net assets metrics with peer companies in the Real Estate Services industry.

Industry Context

  • Industry: Real Estate Services
  • Average net assets among peers: $265,546,111
  • Average return on equity (ROE) among peers: 6.08%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
GRIT Real Estate Income Group (GR1T) GBX344.38 Million 17.31% 2.14x $4.27K
Alina Holdings PLC (ALNA) $151.77 Million -5.31% 0.73x $372.82
Cardiff Property PLC (CDFF) $22.11 Million 11.50% 0.01x $3.36K
Caledonian Trust PLC (CNN) $18.73 Million -4.94% 0.25x $931.92
Fletcher King Plc (FLK) $3.37 Million 16.34% 0.58x $467.77
First Property Group plc (FPO) $7.73 Million 12.40% 0.23x $3.01K
Globalworth REIT (GWI) $1.66 Billion -1.02% 1.03x $69.85 Million
Helical Bar Plc (HLCL) $340.53 Million 25.73% 1.28x $28.58K
London & Associated Properties (LAS) $88.99 Million -14.05% 2.57x $467.18
LSL Property Services Plc (LSL) $99.32 Million 14.10% 1.39x $33.06K