Henderson Smaller Cos Inv Tst (HSL) - Net Assets

Latest as of May 2025: GBX634.32 Million GBX ≈ $77.18K USD

Based on the latest financial reports, Henderson Smaller Cos Inv Tst (HSL) has net assets worth GBX634.32 Million GBX (≈ $77.18K USD) as of May 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX706.09 Million ≈ $85.91K USD) and total liabilities (GBX71.76 Million ≈ $8.73K 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. Read Henderson Smaller Cos Inv Tst (HSL) financial obligations for a breakdown of total debt and financial obligations.

Key Net Assets Metrics

Metric Value
Current Net Assets GBX634.32 Million
% of Total Assets 89.84%
Annual Growth Rate -0.52%
5-Year Change -36.11%
10-Year Change 16.16%
Growth Volatility 28.71

Henderson Smaller Cos Inv Tst - Net Assets Trend (2000–2025)

This chart illustrates how Henderson Smaller Cos Inv Tst's net assets have evolved over time, based on quarterly financial data. Also explore HSL current and non-current assets for the complete picture of this company's asset base.

Annual Net Assets for Henderson Smaller Cos Inv Tst (2000–2025)

The table below shows the annual net assets of Henderson Smaller Cos Inv Tst from 2000 to 2025. For live valuation and market cap data, see how much is Henderson Smaller Cos Inv Tst worth.

Year Net Assets Change
2025-05-31 GBX634.32 Million
≈ $77.18K		 -15.12%
2024-05-31 GBX747.34 Million
≈ $90.93K		 +10.65%
2023-05-31 GBX675.39 Million
≈ $82.18K		 -15.85%
2022-05-31 GBX802.60 Million
≈ $97.65K		 -19.17%
2021-05-31 GBX992.90 Million
≈ $120.81K		 +54.71%
2020-05-31 GBX641.80 Million
≈ $78.09K		 -10.38%
2019-05-31 GBX716.14 Million
≈ $87.13K		 -8.43%
2018-05-31 GBX782.07 Million
≈ $95.16K		 +13.60%
2017-05-31 GBX688.46 Million
≈ $83.77K		 +26.07%
2016-05-31 GBX546.08 Million
≈ $66.44K		 -3.06%
2015-05-31 GBX563.32 Million
≈ $68.54K		 +18.27%
2014-05-31 GBX476.28 Million
≈ $57.95K		 +18.06%
2013-05-31 GBX403.42 Million
≈ $49.08K		 +44.12%
2012-05-31 GBX279.93 Million
≈ $34.06K		 -6.12%
2011-05-31 GBX298.18 Million
≈ $36.28K		 +43.68%
2010-05-31 GBX207.53 Million
≈ $25.25K		 +32.74%
2009-05-31 GBX156.35 Million
≈ $19.02K		 -38.80%
2008-05-31 GBX255.47 Million
≈ $31.08K		 -24.80%
2007-05-31 GBX339.70 Million
≈ $41.33K		 +20.91%
2006-05-31 GBX280.95 Million
≈ $34.18K		 +28.84%
2005-05-31 GBX218.07 Million
≈ $26.53K		 +10.39%
2004-05-31 GBX197.54 Million
≈ $24.04K		 +38.64%
2003-05-31 GBX142.49 Million
≈ $17.34K		 -42.14%
2002-05-31 GBX246.28 Million
≈ $29.97K		 -53.81%
2001-05-31 GBX533.20 Million
≈ $64.88K		 -26.15%
2000-05-31 GBX721.97 Million
≈ $87.84K		 --

Equity Component Analysis

This analysis shows how different components contribute to Henderson Smaller Cos Inv Tst'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 (May 2025)

Component Amount Percentage
Common Stock GBX18.60 Million 2.93%
Other Components GBX615.73 Million 97.07%
Total Equity GBX634.32 Million 100.00%

Henderson Smaller Cos Inv Tst Competitors by Market Cap

The table below lists competitors of Henderson Smaller Cos Inv Tst ranked by their market capitalization.

Company Market Cap
Papyrus Australia Ltd
AU:PPY
 $6.11 Million
enVVeno Medical Corp
NASDAQ:NVNO
 $6.11 Million
Princess Private Equity Holding Ltd
LSE:PEYS
 $6.12 Million
Scandinavian Brake Systems A/S
CO:SBS
 $6.12 Million
Weststar Industrial Ltd
AU:WSI
 $6.10 Million
Ecclesiastical Insurance Office plc
LSE:ELLA
 $6.10 Million
Raize Servicos de Gestao SA
LS:MLRZE
 $6.10 Million
Dolphin International Bhd
KLSE:5265
 $6.10 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Henderson Smaller Cos Inv Tst's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 747,340,000 to 634,324,000, a change of -113,016,000 (-15.1%).
  • Net loss of 44,994,000 reduced equity.
  • Dividend payments of 20,004,000 reduced retained earnings.
  • Share repurchases of 47,619,000 reduced equity.
  • Other comprehensive income decreased equity by 709,060,999.
  • Other factors increased equity by 708,661,999.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income GBX-44.99 Million -7.09%
Dividends Paid GBX20.00 Million -3.15%
Share Repurchases GBX47.62 Million -7.51%
Other Comprehensive Income GBX-709.06 Million -111.78%
Other Changes GBX708.66 Million +111.72%
Total Change GBX- -15.12%

Book Value vs Market Value Analysis

This analysis compares Henderson Smaller Cos Inv Tst'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: 93.50x
  • 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 511.57x to 93.50x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2004-05-31 GBX1.69 GBX866.00 x
2005-05-31 GBX2.01 GBX866.00 x
2006-05-31 GBX2.79 GBX866.00 x
2007-05-31 GBX3.68 GBX866.00 x
2008-05-31 GBX3.07 GBX866.00 x
2009-05-31 GBX2.00 GBX866.00 x
2010-05-31 GBX2.76 GBX866.00 x
2011-05-31 GBX3.98 GBX866.00 x
2012-05-31 GBX3.74 GBX866.00 x
2013-05-31 GBX5.40 GBX866.00 x
2014-05-31 GBX6.38 GBX866.00 x
2015-05-31 GBX7.54 GBX866.00 x
2016-05-31 GBX7.31 GBX866.00 x
2017-05-31 GBX9.22 GBX866.00 x
2018-05-31 GBX10.47 GBX866.00 x
2019-05-31 GBX9.59 GBX866.00 x
2020-05-31 GBX8.59 GBX866.00 x
2021-05-31 GBX13.29 GBX866.00 x
2022-05-31 GBX10.74 GBX866.00 x
2023-05-31 GBX9.04 GBX866.00 x
2024-05-31 GBX10.01 GBX866.00 x
2025-05-31 GBX9.26 GBX866.00 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Henderson Smaller Cos Inv Tst 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): -7.09%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 0.00%
  • • Asset Turnover: -0.06x
  • • Equity Multiplier: 1.11x
  • Recent ROE (-7.09%) is below the historical average (7.36%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2004 30.02% 94.47% 0.27x 1.16x GBX39.56 Million
2005 19.03% 91.43% 0.18x 1.13x GBX19.70 Million
2006 23.85% 93.53% 0.22x 1.14x GBX38.91 Million
2007 28.49% 93.08% 0.27x 1.13x GBX62.80 Million
2008 -25.88% 0.00% -0.22x 1.14x GBX-91.66 Million
2009 -57.80% 0.00% -0.50x 1.13x GBX-106.00 Million
2010 28.69% 94.99% 0.27x 1.11x GBX38.79 Million
2011 31.30% 94.83% 0.30x 1.10x GBX63.52 Million
2012 -5.22% 0.00% -0.04x 1.09x GBX-42.61 Million
2013 31.66% 99.61% 0.29x 1.09x GBX87.38 Million
2014 16.79% 99.44% 0.15x 1.10x GBX32.33 Million
2015 16.98% 99.50% 0.16x 1.10x GBX39.30 Million
2016 -1.24% 0.00% -0.01x 1.11x GBX-61.39 Million
2017 22.42% 99.63% 0.20x 1.10x GBX85.49 Million
2018 13.78% 99.43% 0.13x 1.10x GBX29.59 Million
2019 -6.96% 0.00% -0.06x 1.09x GBX-121.48 Million
2020 -8.85% 0.00% -0.08x 1.12x GBX-120.98 Million
2021 37.13% 99.80% 0.34x 1.10x GBX269.36 Million
2022 -21.50% 0.00% -0.19x 1.13x GBX-252.82 Million
2023 -16.18% 0.00% -0.14x 1.15x GBX-176.83 Million
2024 12.49% 93.00% 0.12x 1.14x GBX18.61 Million
2025 -7.09% 0.00% -0.06x 1.11x GBX-108.43 Million

Industry Comparison

This section compares Henderson Smaller Cos Inv Tst's net assets metrics with peer companies in the Asset Management industry.

Industry Context

  • Industry: Asset Management
  • Average net assets among peers: $745,852,800
  • Average return on equity (ROE) among peers: 2.99%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Henderson Smaller Cos Inv Tst (HSL) GBX634.32 Million 30.02% 0.11x $6.11 Million
3I Infrastructure PLC (3IN) $1.20 Billion 4.98% 0.15x $42.14 Million
Albion Enterprise VCT PLC (AAEV) $61.87 Million 11.55% 0.03x $3.29 Million
abrdn Asian Income Fund Limited (AAIF) $431.87 Million 14.17% 0.08x $5.17 Million
Abrdn Asia Focus PLC (AAS) $98.67 Million 9.82% 0.09x $7.49 Million
Albion Technology & General VCT PLC (AATG) $64.83 Million 5.63% 0.01x $3.22 Million
Abrdn PLC (ABDN) $4.56 Billion 10.22% 39.48x $45.21 Million
Aberdeen Diversified Income and Growth Trust PLC (ADIG) $426.87 Million 6.29% 0.20x $450.86K
Aquila Energy Efficiency Trust PLC (AEET) $69.67 Million -2.91% 0.02x $261.59K
Aquila European Renewables Income PLC (AERI) $372.54 Million -8.03% 0.00x $79.35 Million
Artemis UK Future Leaders plc (AFL) $174.91 Million -21.80% 0.02x $415.29

About Henderson Smaller Cos Inv Tst

LSE:HSL UK Asset Management
Market Cap
$6.11 Million
GBX50.18 Billion GBX
Market Cap Rank
#27961 Global
#428 in UK
Share Price
GBX866.00
Change (1 day)
-0.46%
52-Week Range
GBX8.48 - GBX936.00
All Time High
GBX1249.33
Categories
Companies in UK Asset Management Banking & Financial
About

The Henderson Smaller Companies Investment 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 … Read more