LondonMetric Property Plc (LMP) - Net Assets

Latest as of September 2025: GBX4.72 Billion GBX ≈ $573.80K USD

Based on the latest financial reports, LondonMetric Property Plc (LMP) has net assets worth GBX4.72 Billion GBX (≈ $573.80K USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX7.97 Billion ≈ $969.56K USD) and total liabilities (GBX3.25 Billion ≈ $395.76K 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 LMP asset resilience ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric Value
Current Net Assets GBX4.72 Billion
% of Total Assets 59.18%
Annual Growth Rate 17.2%
5-Year Change 137.32%
10-Year Change 359.13%
Growth Volatility 32.74

LondonMetric Property Plc - Net Assets Trend (2008–2025)

This chart illustrates how LondonMetric Property Plc's net assets have evolved over time, based on quarterly financial data. Also explore total assets of LondonMetric Property Plc for the complete picture of this company's asset base.

Annual Net Assets for LondonMetric Property Plc (2008–2025)

The table below shows the annual net assets of LondonMetric Property Plc from 2008 to 2025. For live valuation and market cap data, see LondonMetric Property Plc (LMP) market capitalisation.

Year Net Assets Change
2025-03-31 GBX4.12 Billion
≈ $501.76K
+3.89%
2024-03-31 GBX3.97 Billion
≈ $482.97K
+98.95%
2023-03-31 GBX2.00 Billion
≈ $242.76K
-22.36%
2022-03-31 GBX2.57 Billion
≈ $312.67K
+47.89%
2021-03-31 GBX1.74 Billion
≈ $211.43K
+20.77%
2020-03-31 GBX1.44 Billion
≈ $175.07K
+18.25%
2019-03-31 GBX1.22 Billion
≈ $148.05K
+5.86%
2018-03-31 GBX1.15 Billion
≈ $139.86K
+14.16%
2017-03-31 GBX1.01 Billion
≈ $122.51K
+12.10%
2016-03-31 GBX898.20 Million
≈ $109.28K
+3.22%
2015-03-31 GBX870.15 Million
≈ $105.87K
+15.12%
2014-03-31 GBX755.85 Million
≈ $91.97K
+11.70%
2013-03-31 GBX676.67 Million
≈ $82.33K
+5.84%
2012-03-31 GBX639.34 Million
≈ $77.79K
-5.10%
2011-03-31 GBX673.71 Million
≈ $81.97K
+12.18%
2010-03-31 GBX600.57 Million
≈ $73.07K
+105.90%
2009-03-31 GBX291.68 Million
≈ $35.49K
+4.96%
2008-03-31 GBX277.90 Million
≈ $33.81K
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Equity Component Analysis

This analysis shows how different components contribute to LondonMetric Property 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 141747.7% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (March 2025)

Component Amount Percentage
Retained Earnings GBX1.14 Billion 27.75%
Common Stock GBX204.80 Million 5.00%
Other Components GBX2.75 Billion 67.25%
Total Equity GBX4.09 Billion 100.00%

LondonMetric Property Plc Competitors by Market Cap

The table below lists competitors of LondonMetric Property Plc ranked by their market capitalization.

Company Market Cap
Kezar Life Sciences Inc
NASDAQ:KZR
$54.03 Million
Introl S.A.
WAR:INL
$54.05 Million
GP Global Power Ltd
TA:GPGB
$54.05 Million
Kamat Hotels (I) Limited
NSE:KAMATHOTEL
$54.06 Million
An Phat Holdings JSC
VN:APH
$54.02 Million
Sambu Const
KO:001470
$54.01 Million
KWG Group Holdings Limited
F:KOU
$53.96 Million
Dinamik Isi Makina Yalitim Malzemeleri Sanayi ve Ticaret AS
IS:DNISI
$53.95 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in LondonMetric Property Plc's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 3,941,500,000 to 4,094,200,000, a change of 152,700,000 (3.9%).
  • Net income of 347,900,000 contributed positively to equity growth.
  • Dividend payments of 181,400,000 reduced retained earnings.
  • Other comprehensive income decreased equity by 2,342,000,000.
  • Other factors increased equity by 2,346,900,000.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income GBX347.90 Million +8.5%
Dividends Paid GBX181.40 Million -4.43%
Other Comprehensive Income GBX-2.34 Billion -57.2%
Other Changes GBX2.35 Billion +57.32%
Total Change GBX- 3.87%

Book Value vs Market Value Analysis

This analysis compares LondonMetric Property 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: 95.04x
  • 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 195.06x to 95.04x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2008-03-31 GBX0.98 GBX190.20 x
2009-03-31 GBX1.02 GBX190.20 x
2010-03-31 GBX1.40 GBX190.20 x
2011-03-31 GBX1.28 GBX190.20 x
2012-03-31 GBX1.16 GBX190.20 x
2013-03-31 GBX1.21 GBX190.20 x
2014-03-31 GBX1.21 GBX190.20 x
2015-03-31 GBX1.39 GBX190.20 x
2016-03-31 GBX1.44 GBX190.20 x
2017-03-31 GBX1.61 GBX190.20 x
2018-03-31 GBX1.66 GBX190.20 x
2019-03-31 GBX1.74 GBX190.20 x
2020-03-31 GBX1.78 GBX190.20 x
2021-03-31 GBX1.92 GBX190.20 x
2022-03-31 GBX2.73 GBX190.20 x
2023-03-31 GBX2.01 GBX190.20 x
2024-03-31 GBX3.53 GBX190.20 x
2025-03-31 GBX2.00 GBX190.20 x

Capital Efficiency Dashboard

This dashboard shows how efficiently LondonMetric Property 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): 8.50%
  • The company has moderate efficiency in generating returns from equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 87.70%
  • • Asset Turnover: 0.06x
  • • Equity Multiplier: 1.61x
  • Recent ROE (8.50%) is above the historical average (7.59%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2008 0.15% 32.40% 0.00x 1.09x GBX-27.38 Million
2009 8.24% 780.11% 0.01x 1.26x GBX-5.13 Million
2010 17.66% 657.16% 0.02x 1.23x GBX46.01 Million
2011 6.48% 120.12% 0.03x 1.64x GBX-23.56 Million
2012 0.84% 15.02% 0.04x 1.59x GBX-58.02 Million
2013 -1.99% -32.65% 0.04x 1.73x GBX-81.12 Million
2014 16.58% 211.96% 0.05x 1.67x GBX49.75 Million
2015 18.32% 226.79% 0.05x 1.58x GBX72.44 Million
2016 9.21% 108.59% 0.05x 1.70x GBX-7.10 Million
2017 6.26% 77.41% 0.05x 1.53x GBX-37.69 Million
2018 16.18% 205.75% 0.05x 1.59x GBX71.07 Million
2019 9.83% 148.84% 0.04x 1.49x GBX-2.02 Million
2020 -0.40% -5.03% 0.05x 1.69x GBX-148.88 Million
2021 14.86% 210.56% 0.05x 1.52x GBX84.17 Million
2022 28.69% 551.43% 0.04x 1.43x GBX478.53 Million
2023 -25.74% -371.19% 0.04x 1.56x GBX-703.03 Million
2024 3.01% 66.69% 0.03x 1.64x GBX-275.45 Million
2025 8.50% 87.70% 0.06x 1.61x GBX-61.52 Million

Industry Comparison

This section compares LondonMetric Property Plc's net assets metrics with peer companies in the REIT - Industrial industry.

Industry Context

  • Industry: REIT - Industrial
  • Average net assets among peers: $1,567,246,200
  • Average return on equity (ROE) among peers: 30.24%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
LondonMetric Property Plc (LMP) GBX4.72 Billion 0.15% 0.69x $54.03 Million
Tritax Big Box REIT plc (BBOX) $841.10 Million 15.93% 0.49x $49.51 Million
Big Yellow Group PLC (BYG) $159.17 Million 18.94% 1.25x $21.48 Million
Safestore Holdings Plc (SAFE) $89.63 Million 87.67% 4.38x $17.98 Million
Segro Plc (SGRO) $6.56 Billion 16.19% 0.40x $114.78 Million
Warehouse REIT plc (WHR) $182.33 Million 12.49% 0.76x $5.84 Million

About LondonMetric Property Plc

LSE:LMP UK REIT - Industrial
Market Cap
$54.03 Million
GBX444.07 Billion GBX
Market Cap Rank
#21601 Global
#145 in UK
Share Price
GBX190.20
Change (1 day)
+0.42%
52-Week Range
GBX177.50 - GBX215.00
All Time High
GBX248.40
About

LondonMetric Property Plc is the UK's leading triple net lease REIT with a £7 billion portfolio aligned to structurally supported sectors of logistics, healthcare, convenience, entertainment and leisure. It owns and manages desirable real estate that meets occupiers' demands, delivers reliable, repetitive and growing income-led returns and outperforms over the long term.