Land Securities Group PLC (LAND) - Net Assets
Based on the latest financial reports, Land Securities Group PLC (LAND) has net assets worth GBX6.43 Billion GBX (≈ $782.95K USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX11.58 Billion ≈ $1.41 Million USD) and total liabilities (GBX5.15 Billion ≈ $626.48K 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 LAND cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | GBX6.43 Billion |
| % of Total Assets | 55.55% |
| Annual Growth Rate | 2.94% |
| 5-Year Change | -9.43% |
| 10-Year Change | -44.17% |
| Growth Volatility | 17.95 |
Land Securities Group PLC - Net Assets Trend (1986–2025)
This chart illustrates how Land Securities Group PLC's net assets have evolved over time, based on quarterly financial data. Also explore LAND current and non-current assets for the complete picture of this company's asset base.
Annual Net Assets for Land Securities Group PLC (1986–2025)
The table below shows the annual net assets of Land Securities Group PLC from 1986 to 2025. For live valuation and market cap data, see market cap of Land Securities Group PLC.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | GBX6.53 Billion ≈ $794.76K |
+1.32% |
| 2024-03-31 | GBX6.45 Billion ≈ $784.41K |
-8.84% |
| 2023-03-31 | GBX7.07 Billion ≈ $860.46K |
-11.50% |
| 2022-03-31 | GBX7.99 Billion ≈ $972.27K |
+10.80% |
| 2021-03-31 | GBX7.21 Billion ≈ $877.49K |
-17.58% |
| 2020-03-31 | GBX8.75 Billion ≈ $1.06 Million |
-11.79% |
| 2019-03-31 | GBX9.92 Billion ≈ $1.21 Million |
-4.49% |
| 2018-03-31 | GBX10.39 Billion ≈ $1.26 Million |
-9.81% |
| 2017-03-31 | GBX11.52 Billion ≈ $1.40 Million |
-1.56% |
| 2016-03-31 | GBX11.70 Billion ≈ $1.42 Million |
+10.30% |
| 2015-03-31 | GBX10.61 Billion ≈ $1.29 Million |
+25.99% |
| 2014-03-31 | GBX8.42 Billion ≈ $1.02 Million |
+12.44% |
| 2013-03-31 | GBX7.49 Billion ≈ $910.91K |
+4.63% |
| 2012-03-31 | GBX7.16 Billion ≈ $870.63K |
+5.04% |
| 2011-03-31 | GBX6.81 Billion ≈ $828.86K |
+19.75% |
| 2010-03-31 | GBX5.69 Billion ≈ $692.19K |
+18.02% |
| 2009-03-31 | GBX4.82 Billion ≈ $586.48K |
-49.70% |
| 2008-03-31 | GBX9.58 Billion ≈ $1.17 Million |
-11.20% |
| 2007-03-31 | GBX10.79 Billion ≈ $1.31 Million |
+44.00% |
| 2006-03-31 | GBX7.49 Billion ≈ $911.79K |
+23.86% |
| 2005-03-31 | GBX6.05 Billion ≈ $736.15K |
+0.20% |
| 2004-03-31 | GBX6.04 Billion ≈ $734.71K |
+8.55% |
| 2003-03-31 | GBX5.56 Billion ≈ $676.87K |
-7.84% |
| 2002-03-31 | GBX6.04 Billion ≈ $734.48K |
+0.31% |
| 2001-03-31 | GBX6.02 Billion ≈ $732.19K |
+4.08% |
| 2000-03-31 | GBX5.78 Billion ≈ $703.48K |
+5.69% |
| 1999-03-31 | GBX5.47 Billion ≈ $665.59K |
+9.38% |
| 1998-03-31 | GBX5.00 Billion ≈ $608.54K |
+23.89% |
| 1997-03-31 | GBX4.04 Billion ≈ $491.21K |
+14.55% |
| 1996-03-31 | GBX3.52 Billion ≈ $428.83K |
-0.26% |
| 1995-03-31 | GBX3.53 Billion ≈ $429.96K |
+2.34% |
| 1994-03-31 | GBX3.45 Billion ≈ $420.14K |
+35.72% |
| 1993-03-31 | GBX2.54 Billion ≈ $309.57K |
-9.14% |
| 1992-03-31 | GBX2.80 Billion ≈ $340.69K |
-16.93% |
| 1991-03-31 | GBX3.37 Billion ≈ $410.14K |
-23.94% |
| 1990-03-31 | GBX4.43 Billion ≈ $539.21K |
+2.91% |
| 1989-03-31 | GBX4.31 Billion ≈ $523.98K |
+28.03% |
| 1988-03-31 | GBX3.36 Billion ≈ $409.27K |
+36.94% |
| 1987-03-31 | GBX2.46 Billion ≈ $298.87K |
+16.28% |
| 1986-03-31 | GBX2.11 Billion ≈ $257.02K |
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Equity Component Analysis
This analysis shows how different components contribute to Land Securities Group 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 4702.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | GBX6.08 Billion | 93.41% |
| Common Stock | GBX80.00 Million | 1.23% |
| Other Components | GBX349.00 Million | 5.36% |
| Total Equity | GBX6.51 Billion | 100.00% |
Land Securities Group PLC Competitors by Market Cap
The table below lists competitors of Land Securities Group PLC ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Awanbiru Technology Bhd
KLSE:5204
|
$53.44 Million |
|
BE Group AB
ST:BEGR
|
$53.44 Million |
|
The Ugar Sugar Works Limited
NSE:UGARSUGAR
|
$53.45 Million |
|
Singsongholdin
KO:006880
|
$53.45 Million |
|
ZEN Graphene Solutions Ltd
V:ZEN
|
$53.43 Million |
|
First Seacoast Bancorp
NASDAQ:FSEA
|
$53.40 Million |
|
Kriti Nutrients Limited
NSE:KRITINUT
|
$53.38 Million |
|
Elinoil Hellenic Petroleum Company S.A
AT:ELIN
|
$53.35 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Land Securities Group PLC's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 6,402,000,000 to 6,514,000,000, a change of 112,000,000 (1.7%).
- Net income of 396,000,000 contributed positively to equity growth.
- Dividend payments of 305,000,000 reduced retained earnings.
- Other comprehensive income decreased equity by 23,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | GBX396.00 Million | +6.08% |
| Dividends Paid | GBX305.00 Million | -4.68% |
| Other Comprehensive Income | GBX-23.00 Million | -0.35% |
| Other Changes | GBX44.00 Million | +0.68% |
| Total Change | GBX- | 1.75% |
Book Value vs Market Value Analysis
This analysis compares Land Securities Group 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: 67.60x
- 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 148.20x to 67.60x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1986-03-31 | GBX3.98 | GBX589.50 | x |
| 1987-03-31 | GBX4.63 | GBX589.50 | x |
| 1988-03-31 | GBX6.33 | GBX589.50 | x |
| 1989-03-31 | GBX8.11 | GBX589.50 | x |
| 1990-03-31 | GBX8.34 | GBX589.50 | x |
| 1991-03-31 | GBX6.34 | GBX589.50 | x |
| 1992-03-31 | GBX5.26 | GBX589.50 | x |
| 1993-03-31 | GBX4.78 | GBX589.50 | x |
| 1994-03-31 | GBX6.47 | GBX589.50 | x |
| 1995-03-31 | GBX6.57 | GBX589.50 | x |
| 1996-03-31 | GBX6.55 | GBX589.50 | x |
| 1997-03-31 | GBX7.48 | GBX589.50 | x |
| 1998-03-31 | GBX8.50 | GBX589.50 | x |
| 1999-03-31 | GBX8.80 | GBX589.50 | x |
| 2000-03-31 | GBX9.36 | GBX589.50 | x |
| 2001-03-31 | GBX10.31 | GBX589.50 | x |
| 2002-03-31 | GBX10.33 | GBX589.50 | x |
| 2003-03-31 | GBX10.68 | GBX589.50 | x |
| 2004-03-31 | GBX12.28 | GBX589.50 | x |
| 2005-03-31 | GBX12.24 | GBX589.50 | x |
| 2006-03-31 | GBX15.11 | GBX589.50 | x |
| 2007-03-31 | GBX21.76 | GBX589.50 | x |
| 2008-03-31 | GBX17.55 | GBX589.50 | x |
| 2009-03-31 | GBX9.90 | GBX589.50 | x |
| 2010-03-31 | GBX8.02 | GBX589.50 | x |
| 2011-03-31 | GBX9.49 | GBX589.50 | x |
| 2012-03-31 | GBX9.84 | GBX589.50 | x |
| 2013-03-31 | GBX10.21 | GBX589.50 | x |
| 2014-03-31 | GBX11.40 | GBX589.50 | x |
| 2015-03-31 | GBX14.26 | GBX589.50 | x |
| 2016-03-31 | GBX15.74 | GBX589.50 | x |
| 2017-03-31 | GBX15.53 | GBX589.50 | x |
| 2018-03-31 | GBX13.58 | GBX589.50 | x |
| 2019-03-31 | GBX13.41 | GBX589.50 | x |
| 2020-03-31 | GBX11.82 | GBX589.50 | x |
| 2021-03-31 | GBX9.75 | GBX589.50 | x |
| 2022-03-31 | GBX10.67 | GBX589.50 | x |
| 2023-03-31 | GBX9.47 | GBX589.50 | x |
| 2024-03-31 | GBX8.64 | GBX589.50 | x |
| 2025-03-31 | GBX8.72 | GBX589.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Land Securities Group 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): 6.08%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 47.60%
- • Asset Turnover: 0.07x
- • Equity Multiplier: 1.78x
- Recent ROE (6.08%) is above the historical average (2.77%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1986 | 3.76% | 47.83% | 0.06x | 1.25x | GBX-131.74 Million |
| 1987 | 3.64% | 47.20% | 0.06x | 1.29x | GBX-156.14 Million |
| 1988 | 2.85% | 45.03% | 0.05x | 1.35x | GBX-240.37 Million |
| 1989 | 2.45% | 42.37% | 0.04x | 1.32x | GBX-325.15 Million |
| 1990 | 2.80% | 41.92% | 0.05x | 1.35x | GBX-318.97 Million |
| 1991 | 4.61% | 43.23% | 0.07x | 1.48x | GBX-181.59 Million |
| 1992 | 5.88% | 40.47% | 0.09x | 1.68x | GBX-115.41 Million |
| 1993 | 6.51% | 37.93% | 0.10x | 1.74x | GBX-88.73 Million |
| 1994 | 5.23% | 40.23% | 0.08x | 1.56x | GBX-164.71 Million |
| 1995 | 5.09% | 39.03% | 0.08x | 1.55x | GBX-173.68 Million |
| 1996 | 4.88% | 37.19% | 0.08x | 1.62x | GBX-180.55 Million |
| 1997 | 4.42% | 37.88% | 0.07x | 1.57x | GBX-225.32 Million |
| 1998 | 3.93% | 40.64% | 0.07x | 1.42x | GBX-303.45 Million |
| 1999 | 3.96% | 43.26% | 0.07x | 1.37x | GBX-330.64 Million |
| 2000 | 4.36% | 47.71% | 0.07x | 1.35x | GBX-326.18 Million |
| 2001 | 3.90% | 36.07% | 0.08x | 1.41x | GBX-367.18 Million |
| 2002 | 4.37% | 26.98% | 0.11x | 1.47x | GBX-340.06 Million |
| 2003 | 4.13% | 18.55% | 0.14x | 1.62x | GBX-326.41 Million |
| 2004 | 4.77% | 22.42% | 0.13x | 1.59x | GBX-315.55 Million |
| 2005 | 17.53% | 65.20% | 0.15x | 1.75x | GBX455.87 Million |
| 2006 | 22.36% | 91.64% | 0.13x | 1.87x | GBX926.51 Million |
| 2007 | 32.70% | 215.00% | 0.09x | 1.76x | GBX2.45 Billion |
| 2008 | -8.67% | -101.56% | 0.05x | 1.73x | GBX-1.79 Billion |
| 2009 | -107.63% | -632.16% | 0.07x | 2.32x | GBX-5.67 Billion |
| 2010 | 19.14% | 130.66% | 0.09x | 1.71x | GBX519.91 Million |
| 2011 | 18.23% | 176.89% | 0.07x | 1.57x | GBX560.45 Million |
| 2012 | 7.31% | 77.87% | 0.06x | 1.51x | GBX-192.64 Million |
| 2013 | 7.12% | 72.36% | 0.06x | 1.57x | GBX-215.67 Million |
| 2014 | 13.26% | 155.84% | 0.06x | 1.45x | GBX274.77 Million |
| 2015 | 22.79% | 313.71% | 0.05x | 1.40x | GBX1.36 Billion |
| 2016 | 11.44% | 142.04% | 0.06x | 1.28x | GBX168.10 Million |
| 2017 | 0.98% | 14.36% | 0.05x | 1.29x | GBX-1.04 Billion |
| 2018 | -0.42% | -5.30% | 0.06x | 1.39x | GBX-1.08 Billion |
| 2019 | -1.20% | -15.72% | 0.05x | 1.41x | GBX-1.11 Billion |
| 2020 | -9.51% | -112.28% | 0.05x | 1.64x | GBX-1.71 Billion |
| 2021 | -19.32% | -219.37% | 0.06x | 1.52x | GBX-2.11 Billion |
| 2022 | 10.98% | 127.98% | 0.05x | 1.63x | GBX77.30 Million |
| 2023 | -8.84% | -78.26% | 0.07x | 1.57x | GBX-1.32 Billion |
| 2024 | -4.98% | -38.71% | 0.08x | 1.67x | GBX-959.20 Million |
| 2025 | 6.08% | 47.60% | 0.07x | 1.78x | GBX-255.40 Million |
Industry Comparison
This section compares Land Securities Group PLC's net assets metrics with peer companies in the REIT - Diversified industry.
Industry Context
- Industry: REIT - Diversified
- Average net assets among peers: $235,381,638
- Average return on equity (ROE) among peers: 1.39%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Land Securities Group PLC (LAND) | GBX6.43 Billion | 3.76% | 0.80x | $53.43 Million |
| AEW UK REIT Plc (AEWU) | $147.86 Million | 2.47% | 0.38x | $1.99 Million |
| Alternative Income REIT PLC (AIRE) | $76.42 Million | -1.17% | 0.42x | $700.31K |
| abrdn Property Income Trust Ltd. (API) | $87.26 Million | 4.79% | 1.08x | $108.54K |
| British Land Company PLC (BLND) | $741.70 Million | 3.55% | 1.62x | $46.89 Million |
| Custodian REIT PLC (CREI) | $351.88 Million | 6.88% | 0.22x | $5.09 Million |
| Ground Rents Income Fund PLC (GRIO) | $86.20 Million | -1.30% | 0.28x | $197.88K |
| Palace Capital PLC (PCA) | $128.47 Million | -27.79% | 0.57x | $416.49K |
| Picton Property Income Ltd (PCTN) | $369.97 Million | 18.61% | 0.68x | $4.85 Million |
| Real Estate Investors PLC (RLE) | $128.67 Million | 6.44% | 0.85x | $659.49K |
About Land Securities Group PLC
We identify and shape places that create opportunity, enhance quality of life, and bring joy to the people connected to them. This is how we've created the UK's leading portfolio of urban places and one of the largest real estate companies in Europe. Our £10 billion portfolio is built around premium workplaces, the country's pre-eminent retail platform, and a residential pipeline that will redefi… Read more