Henderson Opportunities Trust plc
Henderson Opportunities Trust plc is a closed-ended equity mutual fund launched and managed by Henderson Investment Funds Limited. It is co-managed by Henderson Global Investors Limited. The fund invests in the public equity markets of the United Kingdom. It seeks to invest in stocks of companies operating across diversified sectors. The fund primarily invests in growth stocks of companies across… Read more
Henderson Opportunities Trust plc (HOT) - Net Assets
Latest net assets as of October 2024: GBX92.99 Million GBX
Based on the latest financial reports, Henderson Opportunities Trust plc (HOT) has net assets worth GBX92.99 Million GBX as of October 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX100.64 Million) and total liabilities (GBX7.65 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 | GBX92.99 Million |
| % of Total Assets | 92.4% |
| Annual Growth Rate | 0.97% |
| 5-Year Change | 12.52% |
| 10-Year Change | 14.79% |
| Growth Volatility | 24.99 |
Henderson Opportunities Trust plc - Net Assets Trend (2003–2024)
This chart illustrates how Henderson Opportunities Trust 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 Henderson Opportunities Trust plc (2003–2024)
The table below shows the annual net assets of Henderson Opportunities Trust plc from 2003 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-10-31 | GBX92.99 Million | +13.73% |
| 2023-10-31 | GBX81.77 Million | -11.80% |
| 2022-10-31 | GBX92.70 Million | -27.86% |
| 2021-10-31 | GBX128.50 Million | +55.48% |
| 2020-10-31 | GBX82.64 Million | -9.97% |
| 2019-10-31 | GBX91.80 Million | -2.72% |
| 2018-10-31 | GBX94.36 Million | -7.13% |
| 2017-10-31 | GBX101.60 Million | +27.35% |
| 2016-10-31 | GBX79.78 Million | -1.51% |
| 2015-10-31 | GBX81.01 Million | +12.04% |
| 2014-10-31 | GBX72.30 Million | +2.65% |
| 2013-10-31 | GBX70.43 Million | +45.25% |
| 2012-10-31 | GBX48.49 Million | +20.00% |
| 2011-10-31 | GBX40.41 Million | -5.80% |
| 2010-10-31 | GBX42.90 Million | +19.53% |
| 2009-10-31 | GBX35.89 Million | +36.73% |
| 2008-10-31 | GBX26.25 Million | -57.86% |
| 2007-10-31 | GBX62.28 Million | +6.97% |
| 2006-10-31 | GBX58.22 Million | -4.30% |
| 2005-10-31 | GBX60.84 Million | -24.78% |
| 2004-10-31 | GBX80.88 Million | +6.42% |
| 2003-10-31 | GBX76.00 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Henderson Opportunities 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 0.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (October 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | GBX2.00 Million | 2.15% |
| Other Components | GBX90.99 Million | 97.85% |
| Total Equity | GBX92.99 Million | 100.00% |
Henderson Opportunities Trust plc Competitors by Market Cap
The table below lists competitors of Henderson Opportunities Trust plc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Galenfeha Inc
PINK:GLFH
|
$266.98 |
|
Merit Packaging Ltd
KAR:MERIT
|
$267.30 |
|
AZEV4F
SA:AZEV4F
|
$267.39 |
|
CEC AFRICA INVESTMENTS LIMITED
LUSE:CCAF
|
$267.62 |
|
SOON LIAN HOLDINGS
BE:5SN
|
$266.48 |
|
Present24 SA
WAR:P24
|
$265.98 |
|
Anglesey Mining
LSE:AYM
|
$265.45 |
|
ANGLOGOLD ASHANTI GHANIAN DEPOSITORY SHARES
GSE:AADS
|
$265.29 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Henderson Opportunities Trust plc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 81,765,000 to 92,989,000, a change of 11,224,000 (13.7%).
- Net income of 14,022,000 contributed positively to equity growth.
- Dividend payments of 2,798,000 reduced retained earnings.
- Other comprehensive income decreased equity by 2,457,000.
- Other factors increased equity by 2,457,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | GBX14.02 Million | +15.08% |
| Dividends Paid | GBX2.80 Million | -3.01% |
| Other Comprehensive Income | GBX-2.46 Million | -2.64% |
| Other Changes | GBX2.46 Million | +2.64% |
| Total Change | GBX- | 13.73% |
Book Value vs Market Value Analysis
This analysis compares Henderson Opportunities 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: 96.41x
- 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 increased from 51.33x to 96.41x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2003-10-31 | GBX4.42 | GBX227.00 | x |
| 2004-10-31 | GBX4.73 | GBX227.00 | x |
| 2005-10-31 | GBX4.65 | GBX227.00 | x |
| 2006-10-31 | GBX5.50 | GBX227.00 | x |
| 2007-10-31 | GBX7.59 | GBX227.00 | x |
| 2008-10-31 | GBX3.20 | GBX227.00 | x |
| 2009-10-31 | GBX4.37 | GBX227.00 | x |
| 2010-10-31 | GBX5.30 | GBX227.00 | x |
| 2011-10-31 | GBX5.01 | GBX227.00 | x |
| 2012-10-31 | GBX6.08 | GBX227.00 | x |
| 2013-10-31 | GBX8.84 | GBX227.00 | x |
| 2014-10-31 | GBX9.06 | GBX227.00 | x |
| 2015-10-31 | GBX10.12 | GBX227.00 | x |
| 2016-10-31 | GBX9.97 | GBX227.00 | x |
| 2017-10-31 | GBX12.70 | GBX227.00 | x |
| 2018-10-31 | GBX11.79 | GBX227.00 | x |
| 2019-10-31 | GBX11.59 | GBX227.00 | x |
| 2020-10-31 | GBX10.46 | GBX227.00 | x |
| 2021-10-31 | GBX16.27 | GBX227.00 | x |
| 2022-10-31 | GBX11.74 | GBX227.00 | x |
| 2023-10-31 | GBX2.07 | GBX227.00 | x |
| 2024-10-31 | GBX2.35 | GBX227.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Henderson Opportunities 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): 15.08%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 96.82%
- • Asset Turnover: 0.14x
- • Equity Multiplier: 1.08x
- Recent ROE (15.08%) is above the historical average (3.45%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2003 | 30.17% | 96.41% | 0.31x | 1.03x | GBX15.33 Million |
| 2004 | 6.38% | 84.44% | 0.07x | 1.03x | GBX-2.93 Million |
| 2005 | 13.58% | 89.89% | 0.14x | 1.10x | GBX2.18 Million |
| 2006 | 26.91% | 92.75% | 0.25x | 1.17x | GBX9.85 Million |
| 2007 | 6.52% | 81.40% | 0.07x | 1.10x | GBX-2.17 Million |
| 2008 | -134.20% | 0.00% | -1.04x | 1.26x | GBX-37.85 Million |
| 2009 | 30.17% | 96.46% | 0.26x | 1.19x | GBX7.24 Million |
| 2010 | 19.29% | 92.88% | 0.18x | 1.15x | GBX3.98 Million |
| 2011 | -4.89% | 0.00% | -0.03x | 1.18x | GBX-6.02 Million |
| 2012 | 18.70% | 97.77% | 0.16x | 1.17x | GBX4.22 Million |
| 2013 | 32.21% | 99.04% | 0.28x | 1.15x | GBX15.64 Million |
| 2014 | 3.34% | 89.53% | 0.03x | 1.17x | GBX-4.82 Million |
| 2015 | 12.11% | 97.30% | 0.10x | 1.20x | GBX1.71 Million |
| 2016 | 0.32% | 45.95% | 0.01x | 1.15x | GBX-7.72 Million |
| 2017 | 23.01% | 98.70% | 0.20x | 1.17x | GBX13.22 Million |
| 2018 | -5.93% | 0.00% | -0.05x | 1.09x | GBX-15.04 Million |
| 2019 | 0.08% | 17.80% | 0.00x | 1.14x | GBX-9.10 Million |
| 2020 | -7.99% | 0.00% | -0.06x | 1.18x | GBX-14.87 Million |
| 2021 | 37.34% | 99.21% | 0.33x | 1.16x | GBX35.13 Million |
| 2022 | -36.19% | 0.00% | -0.31x | 1.16x | GBX-42.82 Million |
| 2023 | -9.99% | 0.00% | -0.08x | 1.13x | GBX-16.35 Million |
| 2024 | 15.08% | 96.82% | 0.14x | 1.08x | GBX4.72 Million |
Industry Comparison
This section compares Henderson Opportunities Trust plc's net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $381,578,830
- Average return on equity (ROE) among peers: 2.08%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Henderson Opportunities Trust plc (HOT) | GBX92.99 Million | 30.17% | 0.08x | $266.53 |
| 3I Infrastructure PLC (3IN) | $1.25 Billion | 6.43% | 0.14x | $396.99K |
| 450 PLC (450) | $5.16 Million | -13.53% | 0.02x | $1.71K |
| abrdn Asian Income Fund Limited (AAIF) | $398.87 Million | 2.19% | 0.09x | $340.47 |
| Abrdn Asia Focus PLC (AAS) | $109.83 Million | -14.86% | 0.05x | $438.52 |
| Albion Technology & General VCT PLC (AATG) | $72.65 Million | 5.77% | 0.01x | $73.82 |
| Aberdeen Diversified Income and Growth Trust PLC (ADIG) | $343.29 Million | -4.87% | 0.24x | $16.84 |
| Aquila Energy Efficiency Trust PLC (AEET) | $97.38 Million | -0.64% | 0.00x | $2.38K |
| Aquila European Renewables Income PLC (AERI) | $316.90 Million | -0.37% | 0.13x | $2.47K |
| Artemis UK Future Leaders plc (AFL) | $111.28 Million | 27.82% | 0.00x | $409.33 |
| AVI Global Trust PLC (AGT) | $1.11 Billion | 12.82% | 0.15x | $2.81 Million |