Kings Arms Yard Vct Plc

LSE:KAY UK
Market Cap
$1.29 Million
GBX10.59 Billion GBX
Market Cap Rank
#50625 Global
#1557 in UK
Share Price
GBX19.00
Change (1 day)
+0.00%
52-Week Range
GBX19.00 - GBX19.00
All Time High
GBX19.42
Categories
Companies in UK
About

Albion KAY VCT PLC is a venture capital trust specialized in early stage and growth stage investments. The fund prefers to invest in healthcare technology, information technology, data, and artificial intelligence, fintech and communication technologies sector companies. The fund invests primarily in securities of unquoted companies and in companies whose shares are traded on Alternative Investme… Read more

Kings Arms Yard Vct Plc (KAY) - Net Assets

Latest net assets as of June 2024: GBX122.64 Million GBX

Based on the latest financial reports, Kings Arms Yard Vct Plc (KAY) has net assets worth GBX122.64 Million GBX as of June 2024.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX135.25 Million) and total liabilities (GBX12.61 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 GBX122.64 Million
% of Total Assets 90.68%
Annual Growth Rate 8.02%
5-Year Change 42.71%
10-Year Change 168.9%
Growth Volatility 60.68

Kings Arms Yard Vct Plc - Net Assets Trend (1997–2023)

This chart illustrates how Kings Arms Yard Vct 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 Kings Arms Yard Vct Plc (1997–2023)

The table below shows the annual net assets of Kings Arms Yard Vct Plc from 1997 to 2023.

Year Net Assets Change
2023-12-31 GBX105.49 Million +1.43%
2022-12-31 GBX104.00 Million +2.13%
2021-12-31 GBX101.83 Million +23.89%
2020-12-31 GBX82.20 Million +11.20%
2019-12-31 GBX73.92 Million +6.90%
2018-12-31 GBX69.15 Million +10.65%
2017-12-31 GBX62.49 Million +16.03%
2016-12-31 GBX53.86 Million +19.30%
2015-12-31 GBX45.15 Million +15.08%
2014-12-31 GBX39.23 Million -1.10%
2013-12-31 GBX39.67 Million +0.54%
2012-12-31 GBX39.45 Million +12.77%
2011-12-31 GBX34.99 Million +91.36%
2010-12-31 GBX18.28 Million -26.96%
2009-12-31 GBX25.03 Million -15.81%
2008-12-31 GBX29.73 Million -21.09%
2007-12-31 GBX37.68 Million -22.04%
2007-02-28 GBX48.33 Million -9.39%
2006-02-28 GBX53.34 Million +264.04%
2005-02-28 GBX14.65 Million -14.11%
2004-01-31 GBX17.06 Million -15.95%
2003-01-31 GBX20.30 Million -26.50%
2002-01-31 GBX27.61 Million -44.51%
2001-01-31 GBX49.77 Million +17.89%
2000-01-31 GBX42.21 Million +23.50%
1999-01-31 GBX34.18 Million +4.48%
1998-01-31 GBX32.72 Million +147.13%
1997-01-31 GBX13.24 Million --

Equity Component Analysis

This analysis shows how different components contribute to Kings Arms Yard Vct 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 2599266.7% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2023)

Component Amount Percentage
Retained Earnings GBX77.98 Million 73.92%
Common Stock GBX6.06 Million 5.74%
Other Comprehensive Income GBX64.00K 0.06%
Other Components GBX21.39 Million 20.27%
Total Equity GBX105.49 Million 100.00%

Kings Arms Yard Vct Plc Competitors by Market Cap

The table below lists competitors of Kings Arms Yard Vct Plc ranked by their market capitalization.

Company Market Cap
Topcon Corporation
PINK:TOPCF
 		$21.00
Naeem Holding
EGX:NAHO
 		$21.13
Paragon Shipping Inc
PINK:PRGNF
 		$21.34
BOOHOO GROUP PLC
LSE:DEBS
 		$21.46
Tykhe Corp
PINK:HALB
 		$20.80
Australian Oil & Gas Corporation
PINK:AOGC
 		$20.80
GAS2GRID
BE:GT4
 		$20.74
Buyer Group International Inc
PINK:BYRG
 		$20.50

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Kings Arms Yard Vct Plc's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2022 to 2023, total equity changed from 103,999,000 to 105,490,000, a change of 1,491,000 (1.4%).
  • Net income of 2,136,000 contributed positively to equity growth.
  • Dividend payments of 4,644,000 reduced retained earnings.
  • Share repurchases of 3,007,000 reduced equity.
  • New share issuances of 7,080,000 increased equity.
  • Other comprehensive income increased equity by 63,999.

Equity Change Factors (2022 to 2023)

Factor Impact Contribution
Net Income GBX2.14 Million +2.02%
Dividends Paid GBX4.64 Million -4.4%
Share Repurchases GBX3.01 Million -2.85%
Share Issuances GBX7.08 Million +6.71%
Other Comprehensive Income GBX64.00K +0.06%
Other Changes GBX-138.00K -0.13%
Total Change GBX- 1.43%

Book Value vs Market Value Analysis

This analysis compares Kings Arms Yard Vct 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: 92.94x
  • 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 13.62x to 92.94x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1997-01-31 GBX1.39 GBX19.00 x
1998-01-31 GBX1.22 GBX19.00 x
1999-01-31 GBX1.12 GBX19.00 x
2000-01-31 GBX1.36 GBX19.00 x
2001-01-31 GBX1.55 GBX19.00 x
2002-01-31 GBX0.84 GBX19.00 x
2003-01-31 GBX0.58 GBX19.00 x
2004-01-31 GBX0.49 GBX19.00 x
2005-02-28 GBX0.43 GBX19.00 x
2006-02-28 GBX0.62 GBX19.00 x
2007-02-28 GBX0.41 GBX19.00 x
2007-12-31 GBX0.33 GBX19.00 x
2008-12-31 GBX0.27 GBX19.00 x
2009-12-31 GBX0.23 GBX19.00 x
2010-12-31 GBX0.17 GBX19.00 x
2011-12-31 GBX0.26 GBX19.00 x
2012-12-31 GBX0.19 GBX19.00 x
2013-12-31 GBX0.20 GBX19.00 x
2014-12-31 GBX0.20 GBX19.00 x
2015-12-31 GBX0.21 GBX19.00 x
2016-12-31 GBX0.22 GBX19.00 x
2017-12-31 GBX0.23 GBX19.00 x
2018-12-31 GBX0.23 GBX19.00 x
2019-12-31 GBX0.22 GBX19.00 x
2020-12-31 GBX0.22 GBX19.00 x
2021-12-31 GBX0.24 GBX19.00 x
2022-12-31 GBX0.22 GBX19.00 x
2023-12-31 GBX0.20 GBX19.00 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Kings Arms Yard Vct 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): 2.02%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 44.46%
  • • Asset Turnover: 0.05x
  • • Equity Multiplier: 1.01x
  • Recent ROE (2.02%) is above the historical average (1.54%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1997 2.02% 60.50% 0.03x 1.03x GBX-1.06 Million
1998 2.13% 71.96% 0.03x 1.03x GBX-2.57 Million
1999 6.23% 274.61% 0.02x 1.02x GBX-1.29 Million
2000 -4.09% -408.04% 0.01x 1.01x GBX-5.95 Million
2001 10.18% 554.38% 0.02x 1.02x GBX90.40K
2002 -11.14% -1005.23% 0.01x 1.03x GBX-5.84 Million
2003 -13.39% -906.00% 0.01x 1.02x GBX-4.75 Million
2004 -8.13% -497.13% 0.02x 1.03x GBX-3.09 Million
2005 -13.90% -445.73% 0.03x 1.02x GBX-3.50 Million
2006 5.37% 69.37% 0.08x 1.01x GBX-2.47 Million
2007 2.03% 37.50% 0.05x 1.01x GBX-3.85 Million
2007 -12.97% 0.00% 0.00x 1.01x GBX-8.65 Million
2008 -0.14% 0.00% 0.00x 1.02x GBX-3.02 Million
2009 -2.60% 0.00% 0.00x 1.01x GBX-3.15 Million
2010 -3.18% 0.00% 0.00x 1.01x GBX-2.41 Million
2011 0.36% 7.03% 0.05x 1.01x GBX-3.37 Million
2012 16.65% 95.95% 0.17x 1.02x GBX2.58 Million
2013 11.86% 94.16% 0.12x 1.01x GBX729.80K
2014 -0.83% 0.00% 0.00x 1.01x GBX-4.22 Million
2015 8.60% 93.58% 0.09x 1.01x GBX-626.20K
2016 10.71% 95.43% 0.11x 1.02x GBX376.00K
2017 2.44% 71.93% 0.03x 1.01x GBX-4.73 Million
2018 10.40% 95.97% 0.11x 1.02x GBX275.00K
2019 1.85% 80.41% 0.02x 1.01x GBX-5.99 Million
2020 4.14% 90.34% 0.05x 1.01x GBX-4.79 Million
2021 15.73% 97.33% 0.16x 1.02x GBX5.83 Million
2022 0.70% 61.58% 0.01x 1.01x GBX-9.67 Million
2023 2.02% 44.46% 0.05x 1.01x GBX-8.41 Million

Industry Comparison

This section compares Kings Arms Yard Vct Plc's net assets metrics with peer companies in the same industry.

Industry Context

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Kings Arms Yard Vct Plc (KAY) GBX122.64 Million 2.02% 0.10x $20.84
Nyfosa AB (0A0K) $2.92 Billion 39.50% 2.88x $973.31 Million
High Templar Tech Limited (0A2T) $12.52 Billion 4.70% 0.13x $255.82 Million
Strategy Inc (0A7O) $51.04 Billion -7.54% 0.21x $40.17 Billion
NACON SASU (0A9N) $67.54 Million 15.85% 1.20x $7.64 Million
Antin Infrastructure Partners (0AA5) $23.79 Million 108.98% 1.09x $573.10 Million
Truecaller AB Series B (0AA7) $1.41 Billion 18.30% 0.20x $281.60 Million
Brockhaus Technologies AG (0AAW) $254.92 Million -6.23% 1.68x $74.40 Million
Hyloris Pharmaceuticals S.A. (0AB6) $48.06 Million -24.09% 0.32x $71.96 Million
Kalray S.A. (0ABT) $28.43 Million -41.56% 0.67x $33.84 Million
Webuild S.p.A. (0BJP) $1.43 Billion 10.29% 7.14x $1.13 Billion