Land Securities Group PLC (LAND) - Net Assets
Based on the latest financial reports, Land Securities Group PLC (LAND) has net assets worth GBX6.54 Billion GBX (≈ $795.49K USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX11.54 Billion ≈ $1.40 Million USD) and total liabilities (GBX5.00 Billion ≈ $608.60K 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 how strategically is Land Securities Group PLC's equity deployed to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | GBX6.54 Billion |
| % of Total Assets | 56.66% |
| Annual Growth Rate | 2.86% |
| 5-Year Change | -18.18% |
| 10-Year Change | -43.23% |
| Growth Volatility | 17.74 |
Land Securities Group PLC - Net Assets Trend (1986–2026)
This chart illustrates how Land Securities Group PLC's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see LAND market cap.
Annual Net Assets for Land Securities Group PLC (1986–2026)
The table below shows the annual net assets of Land Securities Group PLC from 1986 to 2026. Also explore Land Securities Group PLC (LAND) equity growth momentum to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2026-03-31 | GBX6.54 Billion ≈ $795.49K |
+0.09% |
| 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 |
-- |
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 4720.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2026)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | GBX6.11 Billion | 93.44% |
| Common Stock | GBX80.00 Million | 1.22% |
| Other Components | GBX349.00 Million | 5.34% |
| Total Equity | GBX6.54 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 |
|---|---|
|
ECA
KLSE:0267
|
$56.70 Million |
|
Fanhua Inc.
NASDAQ:AIFU
|
$56.71 Million |
|
Xin Chio Global Co Ltd
TWO:3171
|
$56.71 Million |
|
Wahana Ottomitra Multiartha
JK:WOMF
|
$56.71 Million |
|
ROK Resources Inc
V:ROK
|
$56.62 Million |
|
OFCO Industrial
TWO:5011
|
$56.62 Million |
|
HLB Global Co Ltd
KO:003580
|
$56.61 Million |
|
Samhwa Networks Co. Ltd
KQ:046390
|
$56.59 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 2025 to 2026, total equity changed from 6,514,000,000 to 6,537,000,000, a change of 23,000,000 (0.4%).
- Net income of 343,000,000 contributed positively to equity growth.
- Dividend payments of 290,000,000 reduced retained earnings.
- Share repurchases of 27,000,000 reduced equity.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | GBX343.00 Million | +5.25% |
| Dividends Paid | GBX290.00 Million | -4.44% |
| Share Repurchases | GBX27.00 Million | -0.41% |
| Other Changes | GBX-3.00 Million | -0.05% |
| Total Change | GBX- | 0.35% |
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: 71.42x
- 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 157.13x to 71.42x 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 | GBX625.00 | x |
| 1987-03-31 | GBX4.63 | GBX625.00 | x |
| 1988-03-31 | GBX6.33 | GBX625.00 | x |
| 1989-03-31 | GBX8.11 | GBX625.00 | x |
| 1990-03-31 | GBX8.34 | GBX625.00 | x |
| 1991-03-31 | GBX6.34 | GBX625.00 | x |
| 1992-03-31 | GBX5.26 | GBX625.00 | x |
| 1993-03-31 | GBX4.78 | GBX625.00 | x |
| 1994-03-31 | GBX6.47 | GBX625.00 | x |
| 1995-03-31 | GBX6.57 | GBX625.00 | x |
| 1996-03-31 | GBX6.55 | GBX625.00 | x |
| 1997-03-31 | GBX7.48 | GBX625.00 | x |
| 1998-03-31 | GBX8.50 | GBX625.00 | x |
| 1999-03-31 | GBX8.80 | GBX625.00 | x |
| 2000-03-31 | GBX9.36 | GBX625.00 | x |
| 2001-03-31 | GBX10.31 | GBX625.00 | x |
| 2002-03-31 | GBX10.33 | GBX625.00 | x |
| 2003-03-31 | GBX10.68 | GBX625.00 | x |
| 2004-03-31 | GBX12.28 | GBX625.00 | x |
| 2005-03-31 | GBX12.24 | GBX625.00 | x |
| 2006-03-31 | GBX15.11 | GBX625.00 | x |
| 2007-03-31 | GBX21.76 | GBX625.00 | x |
| 2008-03-31 | GBX17.55 | GBX625.00 | x |
| 2009-03-31 | GBX9.90 | GBX625.00 | x |
| 2010-03-31 | GBX8.02 | GBX625.00 | x |
| 2011-03-31 | GBX9.49 | GBX625.00 | x |
| 2012-03-31 | GBX9.84 | GBX625.00 | x |
| 2013-03-31 | GBX10.21 | GBX625.00 | x |
| 2014-03-31 | GBX11.40 | GBX625.00 | x |
| 2015-03-31 | GBX14.26 | GBX625.00 | x |
| 2016-03-31 | GBX15.74 | GBX625.00 | x |
| 2017-03-31 | GBX15.53 | GBX625.00 | x |
| 2018-03-31 | GBX13.58 | GBX625.00 | x |
| 2019-03-31 | GBX13.41 | GBX625.00 | x |
| 2020-03-31 | GBX11.82 | GBX625.00 | x |
| 2021-03-31 | GBX9.75 | GBX625.00 | x |
| 2022-03-31 | GBX10.67 | GBX625.00 | x |
| 2023-03-31 | GBX9.47 | GBX625.00 | x |
| 2024-03-31 | GBX8.64 | GBX625.00 | x |
| 2025-03-31 | GBX8.72 | GBX625.00 | x |
| 2026-03-31 | GBX8.75 | GBX625.00 | 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): 5.25%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 38.45%
- • Asset Turnover: 0.08x
- • Equity Multiplier: 1.77x
- Recent ROE (5.25%) is above the historical average (2.83%), 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 |
| 2026 | 5.25% | 38.45% | 0.08x | 1.77x | GBX-310.70 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: $341,491,550
- Average return on equity (ROE) among peers: 2.71%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Land Securities Group PLC (LAND) | GBX6.54 Billion | 3.76% | 0.77x | $56.66 Million |
| AEW UK REIT Plc (AEWU) | $118.67 Million | 5.14% | 0.27x | $1.97 Million |
| Alternative Income REIT PLC (AIRE) | $65.12 Million | 3.62% | 0.67x | $669.95K |
| abrdn Property Income Trust Ltd. (API) | $331.51 Million | -4.76% | 0.39x | $83.49K |
| British Land Company PLC (BLND) | $1.58 Billion | 2.18% | 1.05x | $48.13 Million |
| Custodian REIT PLC (CREI) | $426.62 Million | 5.54% | 0.36x | $4.79 Million |
| Ground Rents Income Fund PLC (GRIO) | $86.20 Million | -1.30% | 0.28x | $197.88K |
| Palace Capital PLC (PCA) | $270.00K | 5.19% | 7.20x | $362.52K |
| Picton Property Income Ltd (PCTN) | $369.97 Million | 18.61% | 0.68x | $4.35 Million |
| Real Estate Investors PLC (RLE) | $95.56 Million | -9.84% | 0.63x | $670.13K |
About Land Securities Group PLC
Land Securities Group Plc identify and shape places that create opportunities, enhance quality of life, and bring joy to the people connected to them. This is how they created the leading portfolio of urban places in UK and one of the largest real estate companies in Europe. Their 10 billion pounds portfolio is built around premium workplaces, is the country pre-eminent retail platform, and a res… Read more