HG Capital Trust PLC (HGT) - Net Assets
Based on the latest financial reports, HG Capital Trust PLC (HGT) has net assets worth GBX2.57 Billion GBX (≈ $312.73K USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX2.61 Billion ≈ $317.37K USD) and total liabilities (GBX38.12 Million ≈ $4.64K 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 HG Capital Trust PLC tangible equity quality to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | GBX2.57 Billion |
| % of Total Assets | 98.54% |
| Annual Growth Rate | 13.71% |
| 5-Year Change | 28.15% |
| 10-Year Change | 317.42% |
| Growth Volatility | 15.7 |
HG Capital Trust PLC - Net Assets Trend (2000–2025)
This chart illustrates how HG Capital Trust PLC's net assets have evolved over time, based on quarterly financial data. See HG Capital Trust PLC liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for HG Capital Trust PLC (2000–2025)
The table below shows the annual net assets of HG Capital Trust PLC from 2000 to 2025. For live valuation and market cap data, see HGT market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | GBX2.57 Billion ≈ $312.73K |
+2.93% |
| 2024-12-31 | GBX2.50 Billion ≈ $303.82K |
+9.01% |
| 2023-12-31 | GBX2.29 Billion ≈ $278.72K |
+9.61% |
| 2022-12-31 | GBX2.09 Billion ≈ $254.29K |
+4.20% |
| 2021-12-31 | GBX2.01 Billion ≈ $244.04K |
+55.36% |
| 2020-12-31 | GBX1.29 Billion ≈ $157.08K |
+24.22% |
| 2019-12-31 | GBX1.04 Billion ≈ $126.45K |
+29.11% |
| 2018-12-31 | GBX804.99 Million ≈ $97.94K |
+11.64% |
| 2017-12-31 | GBX721.02 Million ≈ $87.73K |
+17.10% |
| 2016-12-31 | GBX615.76 Million ≈ $74.92K |
+16.18% |
| 2015-12-31 | GBX530.02 Million ≈ $64.49K |
+11.14% |
| 2014-12-31 | GBX476.92 Million ≈ $58.03K |
+8.25% |
| 2013-12-31 | GBX440.58 Million ≈ $53.61K |
+0.60% |
| 2012-12-31 | GBX437.96 Million ≈ $53.29K |
+26.27% |
| 2011-12-31 | GBX346.83 Million ≈ $42.20K |
-0.33% |
| 2010-12-31 | GBX347.99 Million ≈ $42.34K |
+47.43% |
| 2009-12-31 | GBX236.04 Million ≈ $28.72K |
+0.83% |
| 2008-12-31 | GBX234.09 Million ≈ $28.48K |
-1.98% |
| 2007-12-31 | GBX238.82 Million ≈ $29.06K |
+27.62% |
| 2006-12-31 | GBX187.13 Million ≈ $22.77K |
+19.59% |
| 2005-12-31 | GBX156.49 Million ≈ $19.04K |
+28.23% |
| 2004-12-31 | GBX122.04 Million ≈ $14.85K |
+25.86% |
| 2003-12-31 | GBX96.97 Million ≈ $11.80K |
+15.66% |
| 2002-12-31 | GBX83.84 Million ≈ $10.20K |
-12.48% |
| 2001-12-31 | GBX95.80 Million ≈ $11.66K |
-7.46% |
| 2000-12-31 | GBX103.52 Million ≈ $12.60K |
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Equity Component Analysis
This analysis shows how different components contribute to HG Capital 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 decreased by 100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | GBX11.44 Million | 0.45% |
| Other Components | GBX2.56 Billion | 99.55% |
| Total Equity | GBX2.57 Billion | 100.00% |
HG Capital Trust PLC Competitors by Market Cap
The table below lists competitors of HG Capital Trust PLC ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
BoomBit S.A
WAR:BBT
|
$22.10 Million |
|
Allarity Therapeutics Inc
NASDAQ:ALLR
|
$22.11 Million |
|
Luster Industries Bhd
KLSE:5068
|
$22.12 Million |
|
Ballymore Resources Ltd
AU:BMR
|
$22.13 Million |
|
Patentus SA
WAR:PAT
|
$22.08 Million |
|
CLPS INC. DL-0001
F:1UK
|
$22.08 Million |
|
Acrinova AB Series B
ST:ACRI-B
|
$22.08 Million |
|
Lincoln Minerals Ltd
AU:LML
|
$22.08 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in HG Capital Trust PLC's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 2,497,071,000 to 2,570,263,000, a change of 73,192,000 (2.9%).
- Net income of 98,367,000 contributed positively to equity growth.
- Dividend payments of 25,175,000 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | GBX98.37 Million | +3.83% |
| Dividends Paid | GBX25.18 Million | -0.98% |
| Total Change | GBX- | 2.93% |
Book Value vs Market Value Analysis
This analysis compares HG Capital 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: 71.41x
- 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 1204.72x to 71.41x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2002-12-31 | GBX0.33 | GBX401.00 | x |
| 2003-12-31 | GBX0.38 | GBX401.00 | x |
| 2004-12-31 | GBX0.48 | GBX401.00 | x |
| 2005-12-31 | GBX0.62 | GBX401.00 | x |
| 2006-12-31 | GBX0.74 | GBX401.00 | x |
| 2007-12-31 | GBX0.95 | GBX401.00 | x |
| 2008-12-31 | GBX0.93 | GBX401.00 | x |
| 2009-12-31 | GBX0.94 | GBX401.00 | x |
| 2010-12-31 | GBX1.18 | GBX401.00 | x |
| 2011-12-31 | GBX1.10 | GBX401.00 | x |
| 2012-12-31 | GBX1.35 | GBX401.00 | x |
| 2013-12-31 | GBX1.21 | GBX401.00 | x |
| 2014-12-31 | GBX1.28 | GBX401.00 | x |
| 2015-12-31 | GBX1.42 | GBX401.00 | x |
| 2016-12-31 | GBX1.65 | GBX401.00 | x |
| 2017-12-31 | GBX1.93 | GBX401.00 | x |
| 2018-12-31 | GBX2.16 | GBX401.00 | x |
| 2019-12-31 | GBX2.68 | GBX401.00 | x |
| 2020-12-31 | GBX3.16 | GBX401.00 | x |
| 2021-12-31 | GBX4.62 | GBX401.00 | x |
| 2022-12-31 | GBX4.82 | GBX401.00 | x |
| 2023-12-31 | GBX5.00 | GBX401.00 | x |
| 2024-12-31 | GBX5.46 | GBX401.00 | x |
| 2025-12-31 | GBX5.62 | GBX401.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently HG Capital 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): 3.83%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 88.67%
- • Asset Turnover: 0.04x
- • Equity Multiplier: 1.01x
- Recent ROE (3.83%) is below the historical average (12.59%), 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 | 4.09% | 55.85% | 0.07x | 1.09x | GBX-5.73 Million |
| 2004 | 20.55% | 86.98% | 0.23x | 1.01x | GBX12.87 Million |
| 2005 | 23.30% | 85.45% | 0.27x | 1.02x | GBX20.81 Million |
| 2006 | 17.72% | 77.70% | 0.22x | 1.04x | GBX14.45 Million |
| 2007 | 23.12% | 81.38% | 0.27x | 1.04x | GBX31.33 Million |
| 2008 | 0.67% | 12.38% | 0.05x | 1.03x | GBX-21.84 Million |
| 2009 | 3.49% | 62.34% | 0.06x | 1.02x | GBX-15.36 Million |
| 2010 | 19.94% | 91.66% | 0.22x | 1.01x | GBX34.58 Million |
| 2011 | 0.21% | 0.00% | -0.01x | 1.01x | GBX-33.96 Million |
| 2012 | 13.42% | 90.83% | 0.15x | 1.01x | GBX14.96 Million |
| 2013 | -1.64% | 0.00% | -0.01x | 1.01x | GBX-51.30 Million |
| 2014 | 11.38% | 94.28% | 0.12x | 1.00x | GBX6.56 Million |
| 2015 | 12.27% | 66.99% | 0.18x | 1.01x | GBX12.05 Million |
| 2016 | 16.35% | 97.04% | 0.17x | 1.00x | GBX39.09 Million |
| 2017 | 17.81% | 97.85% | 0.18x | 1.00x | GBX56.31 Million |
| 2018 | 12.56% | 96.69% | 0.13x | 1.00x | GBX20.63 Million |
| 2019 | 17.08% | 97.73% | 0.17x | 1.00x | GBX73.56 Million |
| 2020 | 19.13% | 97.46% | 0.20x | 1.00x | GBX117.85 Million |
| 2021 | 29.67% | 98.52% | 0.28x | 1.08x | GBX394.56 Million |
| 2022 | 5.14% | 90.87% | 0.05x | 1.07x | GBX-101.51 Million |
| 2023 | 10.06% | 93.50% | 0.11x | 1.00x | GBX1.44 Million |
| 2024 | 9.45% | 95.35% | 0.10x | 1.04x | GBX-13.61 Million |
| 2025 | 3.83% | 88.67% | 0.04x | 1.01x | GBX-158.66 Million |
Industry Comparison
This section compares HG Capital Trust PLC's net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $657,704,100
- Average return on equity (ROE) among peers: 5.71%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| HG Capital Trust PLC (HGT) | GBX2.57 Billion | 4.09% | 0.01x | $22.10 Million |
| 3I Infrastructure PLC (3IN) | $1.25 Billion | 6.43% | 0.14x | $41.69 Million |
| Albion Enterprise VCT PLC (AAEV) | $140.65 Million | 2.37% | 0.01x | $3.29 Million |
| abrdn Asian Income Fund Limited (AAIF) | $154.40 Million | 26.46% | 0.07x | $5.95 Million |
| Abrdn Asia Focus PLC (AAS) | $121.96 Million | 12.34% | 0.07x | $7.74 Million |
| Albion Technology & General VCT PLC (AATG) | $121.25 Million | -5.20% | 0.01x | $3.15 Million |
| Abrdn PLC (ABDN) | $3.74 Billion | 2.67% | 35.62x | $50.56 Million |
| Aberdeen Diversified Income and Growth Trust PLC (ADIG) | $428.13 Million | 2.15% | 0.15x | $450.86K |
| Aquila Energy Efficiency Trust PLC (AEET) | $97.38 Million | -0.64% | 0.00x | $247.72K |
| Aquila European Renewables Income PLC (AERI) | $372.54 Million | -8.03% | 0.00x | $56.72 Million |
| Artemis UK Future Leaders plc (AFL) | $152.03 Million | 18.55% | 0.02x | $404.11 |
About HG Capital Trust PLC
Hg Capital Trust plc specializes in direct, quoted and unquoted companies and fund of funds investments. The funds maximum exposure to unlisted investments is 100% of the gross assets and single investment in an unlisted company or closed-ended investments fund, whether made directly or indirectly, will exceed a maximum of 15% of gross assets. It primarily invests in middle-market buyouts across … Read more