GRIT Real Estate Income Group (GR1T) - Net Assets
Based on the latest financial reports, GRIT Real Estate Income Group (GR1T) has net assets worth GBX344.38 Million GBX (≈ $41.90K USD) 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 ≈ $131.75K USD) and total liabilities (GBX738.44 Million ≈ $89.85K 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 financial resilience of GRIT Real Estate Income Group to evaluate the company's liquid asset resilience ratio.
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. Also explore total assets of GRIT Real Estate Income Group for the complete picture of this company's asset base.
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. For live valuation and market cap data, see GR1T market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | GBX344.38 Million ≈ $41.90K |
-3.62% |
| 2024-06-30 | GBX357.31 Million ≈ $43.47K |
+7.10% |
| 2023-06-30 | GBX333.62 Million ≈ $40.59K |
-9.68% |
| 2022-06-30 | GBX369.38 Million ≈ $44.94K |
+32.68% |
| 2021-06-30 | GBX278.40 Million ≈ $33.87K |
-6.35% |
| 2020-06-30 | GBX297.27 Million ≈ $36.17K |
-24.65% |
| 2019-06-30 | GBX394.53 Million ≈ $48.00K |
+43.23% |
| 2018-06-30 | GBX275.44 Million ≈ $33.51K |
-12.48% |
| 2017-06-30 | GBX314.72 Million ≈ $38.29K |
+92.64% |
| 2016-06-30 | GBX163.37 Million ≈ $19.88K |
+31.31% |
| 2015-06-30 | GBX124.41 Million ≈ $15.14K |
+13107.19% |
| 2014-06-30 | GBX942.01K ≈ $114.62 |
+3.96% |
| 2013-08-31 | GBX906.17K ≈ $110.25 |
-11.83% |
| 2012-08-31 | GBX1.03 Million ≈ $125.05 |
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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 |
|---|---|
|
PUNCH PUNK S.A. ZY-10
F:6K7
|
$390.05K |
|
Waverley Pharma Inc
V:WAVE
|
$390.63K |
|
NATURENERGIE
SW:NEAG
|
$390.71K |
|
CT UK High Income Trust Plc
LSE:CHIB
|
$390.77K |
|
Kavango Resources PLC
LSE:KAV
|
$386.92K |
|
ONETECH SOLUTIONS HOLDINGS BERHAD
KLSE:03041
|
$386.39K |
|
Multistack International Ltd
AU:MSI
|
$385.77K |
|
Twin Vee Powercats Co
NASDAQ:VEEE
|
$379.00K |
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: 14.51x
- 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 3.06x to 14.51x 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 | GBX6.15 | x |
| 2013-08-31 | GBX1.36 | GBX6.15 | x |
| 2014-06-30 | GBX1.41 | GBX6.15 | x |
| 2015-06-30 | GBX2.64 | GBX6.15 | x |
| 2016-06-30 | GBX2.00 | GBX6.15 | x |
| 2017-06-30 | GBX2.87 | GBX6.15 | x |
| 2018-06-30 | GBX1.39 | GBX6.15 | x |
| 2019-06-30 | GBX1.35 | GBX6.15 | x |
| 2020-06-30 | GBX0.98 | GBX6.15 | x |
| 2021-06-30 | GBX0.94 | GBX6.15 | x |
| 2022-06-30 | GBX0.98 | GBX6.15 | x |
| 2023-06-30 | GBX0.74 | GBX6.15 | x |
| 2024-06-30 | GBX0.53 | GBX6.15 | x |
| 2025-06-30 | GBX0.42 | GBX6.15 | 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: $105,530,775
- Average return on equity (ROE) among peers: -156.20%
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 | $388.80K |
| Alina Holdings PLC (ALNA) | $41.33 Million | -22.21% | 3.68x | $34.52K |
| Cardiff Property PLC (CDFF) | $28.96 Million | 5.30% | 0.00x | $331.99K |
| Fletcher King Plc (FLK) | $2.56 Million | 15.65% | 0.71x | $46.15K |
| Foxtons Group Plc (FOXT) | $160.91 Million | 9.77% | 0.06x | $1.57 Million |
| First Property Group plc (FPO) | $2.10 Million | -4.66% | 0.67x | $256.33K |
| Grainger PLC (GRI) | $323.10 Million | 18.88% | 5.17x | $14.26 Million |
| Globalworth REIT (GWI) | $120.28 Million | 11.51% | 0.38x | $588.83 Million |
| Helical Bar Plc (HLCL) | $268.66 Million | -4.58% | 1.12x | $2.74 Million |
| IWG PLC (IWG) | $1.88 Million | -1435.48% | 118.05x | $21.66 Million |
About GRIT Real Estate Income Group
Grit Real Estate Income Group Limited is the leading Pan-African real estate company focused on investing in, developing and actively managing a diversified portfolio of assets in carefully selected African countries (excluding South Africa). These high-quality assets are underpinned by predominantly US$ and Euro denominated long-term leases with a wide range of blue-chip multi-national tenant co… Read more