Hammerson PLC (HMSO) - Net Assets
Based on the latest financial reports, Hammerson PLC (HMSO) has net assets worth GBX1.86 Billion GBX as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX3.59 Billion) and total liabilities (GBX1.73 Billion). 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 | GBX1.86 Billion |
| % of Total Assets | 51.82% |
| Annual Growth Rate | 1.55% |
| 5-Year Change | -43.25% |
| 10-Year Change | -67.4% |
| Growth Volatility | 18.43 |
Hammerson PLC - Net Assets Trend (1985–2024)
This chart illustrates how Hammerson PLC's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Hammerson PLC (1985–2024)
The table below shows the annual net assets of Hammerson PLC from 1985 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | GBX1.82 Billion | -26.05% |
| 2023-12-31 | GBX2.46 Billion | -4.79% |
| 2022-12-31 | GBX2.59 Billion | -5.81% |
| 2021-12-31 | GBX2.75 Billion | -14.43% |
| 2020-12-31 | GBX3.21 Billion | -26.69% |
| 2019-12-31 | GBX4.38 Billion | -19.43% |
| 2018-12-31 | GBX5.43 Billion | -10.01% |
| 2017-12-31 | GBX6.04 Billion | +3.08% |
| 2016-12-31 | GBX5.86 Billion | +4.85% |
| 2015-12-31 | GBX5.59 Billion | +10.73% |
| 2014-12-31 | GBX5.05 Billion | +21.96% |
| 2013-12-31 | GBX4.14 Billion | +5.37% |
| 2012-12-31 | GBX3.93 Billion | +2.01% |
| 2011-12-31 | GBX3.85 Billion | +8.35% |
| 2010-12-31 | GBX3.55 Billion | +17.49% |
| 2009-12-31 | GBX3.02 Billion | +3.89% |
| 2008-12-31 | GBX2.91 Billion | -34.24% |
| 2007-12-31 | GBX4.42 Billion | +4.82% |
| 2006-12-31 | GBX4.22 Billion | +32.94% |
| 2005-12-31 | GBX3.18 Billion | +29.52% |
| 2004-12-31 | GBX2.45 Billion | +11.20% |
| 2003-12-31 | GBX2.20 Billion | +5.79% |
| 2002-12-31 | GBX2.08 Billion | +0.29% |
| 2001-12-31 | GBX2.08 Billion | +5.48% |
| 2000-12-31 | GBX1.97 Billion | +12.49% |
| 1999-12-31 | GBX1.75 Billion | +20.01% |
| 1998-12-31 | GBX1.46 Billion | +13.55% |
| 1997-12-31 | GBX1.29 Billion | +11.23% |
| 1996-12-31 | GBX1.16 Billion | +1.58% |
| 1995-12-31 | GBX1.14 Billion | +3.09% |
| 1994-12-31 | GBX1.10 Billion | +24.78% |
| 1993-12-31 | GBX884.30 Million | +15.73% |
| 1992-12-31 | GBX764.10 Million | -30.20% |
| 1991-12-31 | GBX1.09 Billion | -23.11% |
| 1990-12-31 | GBX1.42 Billion | -25.04% |
| 1989-12-31 | GBX1.90 Billion | +6.18% |
| 1988-12-31 | GBX1.79 Billion | +56.41% |
| 1987-12-31 | GBX1.14 Billion | +6.87% |
| 1986-12-31 | GBX1.07 Billion | +7.09% |
| 1985-12-31 | GBX999.32 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Hammerson 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 grown by 2510.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | GBX1.49 Billion | 81.65% |
| Common Stock | GBX24.60 Million | 1.35% |
| Other Comprehensive Income | GBX317.30 Million | 17.42% |
| Total Equity | GBX1.82 Billion | 100.00% |
Hammerson PLC Competitors by Market Cap
The table below lists competitors of Hammerson PLC ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Invoicery Group AB
ST:FRILAN
|
$22.19 Million |
|
Wing Yip Food (China) Holdings Group Limited
KQ:900340
|
$22.20 Million |
|
GR.SOU.COP. LS-01
F:E9E
|
$22.21 Million |
|
Tontek Design Technology Ltd
TWO:5487
|
$22.21 Million |
|
Starr Peak Exploration Ltd
V:STE
|
$22.18 Million |
|
Kadimastem Ltd
TA:KDST
|
$22.18 Million |
|
exax Inc
KQ:060230
|
$22.17 Million |
|
Secuve Co. Ltd
KQ:131090
|
$22.16 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hammerson PLC's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,462,600,000 to 1,821,100,000, a change of -641,500,000 (-26.0%).
- Net loss of 526,300,000 reduced equity.
- Dividend payments of 82,600,000 reduced retained earnings.
- Share repurchases of 24,300,000 reduced equity.
- Other comprehensive income increased equity by 211,799,999.
- Other factors decreased equity by 220,099,999.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | GBX-526.30 Million | -28.9% |
| Dividends Paid | GBX82.60 Million | -4.54% |
| Share Repurchases | GBX24.30 Million | -1.33% |
| Other Comprehensive Income | GBX211.80 Million | +11.63% |
| Other Changes | GBX-220.10 Million | -12.09% |
| Total Change | GBX- | -26.05% |
Book Value vs Market Value Analysis
This analysis compares Hammerson 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: 93.83x
- 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 2065.29x to 93.83x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1985-12-31 | GBX0.17 | GBX344.00 | x |
| 1986-12-31 | GBX0.18 | GBX344.00 | x |
| 1987-12-31 | GBX0.19 | GBX344.00 | x |
| 1988-12-31 | GBX0.31 | GBX344.00 | x |
| 1989-12-31 | GBX0.33 | GBX344.00 | x |
| 1990-12-31 | GBX0.26 | GBX344.00 | x |
| 1991-12-31 | GBX0.20 | GBX344.00 | x |
| 1992-12-31 | GBX0.14 | GBX344.00 | x |
| 1993-12-31 | GBX0.16 | GBX344.00 | x |
| 1994-12-31 | GBX0.20 | GBX344.00 | x |
| 1995-12-31 | GBX0.20 | GBX344.00 | x |
| 1996-12-31 | GBX0.20 | GBX344.00 | x |
| 1997-12-31 | GBX0.23 | GBX344.00 | x |
| 1998-12-31 | GBX0.26 | GBX344.00 | x |
| 1999-12-31 | GBX0.32 | GBX344.00 | x |
| 2000-12-31 | GBX0.36 | GBX344.00 | x |
| 2001-12-31 | GBX0.38 | GBX344.00 | x |
| 2002-12-31 | GBX0.38 | GBX344.00 | x |
| 2003-12-31 | GBX0.40 | GBX344.00 | x |
| 2004-12-31 | GBX0.45 | GBX344.00 | x |
| 2005-12-31 | GBX0.58 | GBX344.00 | x |
| 2006-12-31 | GBX0.77 | GBX344.00 | x |
| 2007-12-31 | GBX0.81 | GBX344.00 | x |
| 2008-12-31 | GBX0.52 | GBX344.00 | x |
| 2009-12-31 | GBX0.55 | GBX344.00 | x |
| 2010-12-31 | GBX0.64 | GBX344.00 | x |
| 2011-12-31 | GBX0.70 | GBX344.00 | x |
| 2012-12-31 | GBX0.71 | GBX344.00 | x |
| 2013-12-31 | GBX285.11 | GBX344.00 | x |
| 2014-12-31 | GBX340.29 | GBX344.00 | x |
| 2015-12-31 | GBX3.21 | GBX344.00 | x |
| 2016-12-31 | GBX365.22 | GBX344.00 | x |
| 2017-12-31 | GBX379.31 | GBX344.00 | x |
| 2018-12-31 | GBX3.15 | GBX344.00 | x |
| 2019-12-31 | GBX286.02 | GBX344.00 | x |
| 2020-12-31 | GBX11.55 | GBX344.00 | x |
| 2021-12-31 | GBX5.58 | GBX344.00 | x |
| 2022-12-31 | GBX5.24 | GBX344.00 | x |
| 2023-12-31 | GBX4.95 | GBX344.00 | x |
| 2024-12-31 | GBX3.67 | GBX344.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hammerson 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): -28.90%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -450.99%
- • Asset Turnover: 0.03x
- • Equity Multiplier: 1.91x
- Recent ROE (-28.90%) is below the historical average (0.29%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1985 | 3.85% | 25.79% | 0.09x | 1.71x | GBX-55.32 Million |
| 1986 | 3.27% | 18.56% | 0.10x | 1.79x | GBX-65.28 Million |
| 1987 | 4.92% | 36.92% | 0.08x | 1.66x | GBX-53.40 Million |
| 1988 | 3.64% | 30.97% | 0.08x | 1.51x | GBX-106.00 Million |
| 1989 | 3.87% | 37.29% | 0.07x | 1.54x | GBX-108.51 Million |
| 1990 | 2.90% | 17.11% | 0.10x | 1.69x | GBX-98.21 Million |
| 1991 | -5.58% | -35.56% | 0.08x | 1.94x | GBX-165.20 Million |
| 1992 | -0.66% | -2.53% | 0.11x | 2.42x | GBX-79.13 Million |
| 1993 | 3.41% | 16.32% | 0.10x | 1.99x | GBX-56.72 Million |
| 1994 | 8.86% | 56.76% | 0.09x | 1.82x | GBX-12.11 Million |
| 1995 | 3.45% | 21.78% | 0.09x | 1.78x | GBX-69.76 Million |
| 1996 | 4.87% | 33.17% | 0.08x | 1.83x | GBX-56.50 Million |
| 1997 | 3.59% | 36.41% | 0.06x | 1.65x | GBX-80.28 Million |
| 1998 | 4.75% | 43.46% | 0.06x | 1.93x | GBX-73.47 Million |
| 1999 | 5.13% | 60.99% | 0.05x | 1.71x | GBX-84.07 Million |
| 2000 | 4.11% | 48.04% | 0.05x | 1.85x | GBX-114.03 Million |
| 2001 | 3.73% | 41.28% | 0.05x | 1.88x | GBX-127.92 Million |
| 2002 | 3.70% | 38.36% | 0.05x | 2.11x | GBX-128.82 Million |
| 2003 | 2.32% | 24.45% | 0.05x | 1.98x | GBX-166.38 Million |
| 2004 | 17.90% | 196.45% | 0.05x | 2.01x | GBX190.38 Million |
| 2005 | 17.74% | 222.47% | 0.04x | 1.94x | GBX241.82 Million |
| 2006 | 24.41% | 365.53% | 0.04x | 1.69x | GBX600.39 Million |
| 2007 | 2.32% | 32.42% | 0.04x | 1.75x | GBX-334.46 Million |
| 2008 | -55.75% | -456.89% | 0.05x | 2.44x | GBX-1.85 Billion |
| 2009 | -11.68% | -100.06% | 0.06x | 1.92x | GBX-639.47 Million |
| 2010 | 17.68% | 185.36% | 0.06x | 1.66x | GBX267.40 Million |
| 2011 | 8.90% | 109.74% | 0.05x | 1.66x | GBX-41.49 Million |
| 2012 | 3.59% | 21.30% | 0.10x | 1.66x | GBX-246.72 Million |
| 2013 | 8.31% | 48.17% | 0.10x | 1.68x | GBX-68.59 Million |
| 2014 | 14.06% | 156.19% | 0.06x | 1.54x | GBX201.73 Million |
| 2015 | 13.17% | 141.57% | 0.06x | 1.62x | GBX175.07 Million |
| 2016 | 5.49% | 58.07% | 0.06x | 1.70x | GBX-260.26 Million |
| 2017 | 6.45% | 156.05% | 0.03x | 1.64x | GBX-213.95 Million |
| 2018 | -4.94% | -95.04% | 0.03x | 1.64x | GBX-811.36 Million |
| 2019 | -13.15% | -438.13% | 0.02x | 1.67x | GBX-1.01 Billion |
| 2020 | -54.07% | -788.95% | 0.04x | 1.84x | GBX-2.06 Billion |
| 2021 | -15.63% | -336.02% | 0.03x | 1.79x | GBX-703.69 Million |
| 2022 | -6.35% | -124.96% | 0.03x | 1.75x | GBX-422.84 Million |
| 2023 | -2.09% | -40.22% | 0.03x | 1.76x | GBX-297.66 Million |
| 2024 | -28.90% | -450.99% | 0.03x | 1.91x | GBX-708.41 Million |
Industry Comparison
This section compares Hammerson PLC's net assets metrics with peer companies in the REIT - Retail industry.
Industry Context
- Industry: REIT - Retail
- Average net assets among peers: $760,017,000
- Average return on equity (ROE) among peers: -2.56%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hammerson PLC (HMSO) | GBX1.86 Billion | 3.85% | 0.93x | $22.19 Million |
| NewRiver REIT plc (NRR) | $79.79 Million | 1.88% | 1.89x | $3.98 Million |
| Shaftesbury Capital PLC (SHC) | $1.76 Billion | -39.99% | 0.65x | $31.90 Million |
| Supermarket Income REIT PLC (SUPR) | $1.10 Billion | 5.58% | 0.59x | $13.03 Million |
| Value & Income Trust (VIP) | $97.33 Million | 22.31% | 0.40x | $1.04 Million |
About Hammerson PLC
Hammerson is the largest UK-listed, pure-play owner and manager of prime retail and leisure anchored city destinations across the UK, France and Ireland. We own, manage and invest in landmark city destinations integrating retail, leisure and community hubs to meet evolving customer and occupier needs while delivering sustainable long-term growth for our stakeholders. Our 10 city locations rank in… Read more