Lindsell Train Investment Trust Plc
Lindsell Train Investment Trust Plc is an closed-ended balanced mutual fund of funds launched and managed by Lindsell Train Limited. The fund invests in public equity and fixed income markets across the globe. It seeks to invest in securities of companies operating across diversified sectors. The fund primarily invests in equities, unquoted equities, bonds, other Lindsell Train managed fund produ… Read more
Lindsell Train Investment Trust Plc (LTI) - Net Assets
Latest net assets as of March 2025: £190.43 Million GBP
Based on the latest financial reports, Lindsell Train Investment Trust Plc (LTI) has net assets worth £190.43 Million GBP as of March 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (£190.63 Million) and total liabilities (£209.00K). 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 | £190.43 Million |
| % of Total Assets | 99.89% |
| Annual Growth Rate | 11.32% |
| 5-Year Change | -19.69% |
| 10-Year Change | 114.86% |
| Growth Volatility | 12.79 |
Lindsell Train Investment Trust Plc - Net Assets Trend (2004–2025)
This chart illustrates how Lindsell Train Investment Trust 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 Lindsell Train Investment Trust Plc (2004–2025)
The table below shows the annual net assets of Lindsell Train Investment Trust Plc from 2004 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | £190.43 Million | -7.24% |
| 2024-03-31 | £205.28 Million | -2.89% |
| 2023-03-31 | £211.39 Million | -5.10% |
| 2022-03-31 | £222.76 Million | -6.05% |
| 2021-03-31 | £237.12 Million | +23.93% |
| 2020-03-31 | £191.33 Million | +6.78% |
| 2019-03-31 | £179.19 Million | +19.92% |
| 2018-03-31 | £149.42 Million | +27.01% |
| 2017-03-31 | £117.64 Million | +32.74% |
| 2016-03-31 | £88.63 Million | +9.98% |
| 2015-03-31 | £80.58 Million | +25.32% |
| 2014-03-31 | £64.30 Million | +10.94% |
| 2013-03-31 | £57.96 Million | +25.42% |
| 2012-03-31 | £46.21 Million | +8.52% |
| 2011-03-31 | £42.58 Million | +8.79% |
| 2010-03-31 | £39.14 Million | +32.06% |
| 2009-03-31 | £29.64 Million | -6.75% |
| 2008-03-31 | £31.79 Million | +0.74% |
| 2007-03-31 | £31.55 Million | +14.31% |
| 2006-03-31 | £27.60 Million | +15.92% |
| 2005-03-31 | £23.81 Million | +18.98% |
| 2004-03-31 | £20.01 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Lindsell Train Investment Trust 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 15826400000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | £158.26 Million | 83.11% |
| Common Stock | £150.00K | 0.08% |
| Other Comprehensive Income | £32.01 Million | 16.81% |
| Other Components | £1.00 | 0.00% |
| Total Equity | £190.43 Million | 100.00% |
Lindsell Train Investment Trust Plc Competitors by Market Cap
The table below lists competitors of Lindsell Train Investment Trust Plc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
MITSUBISHI LOGIS - Dusseldorf Stock Exchang
DU:MIB
|
$72.57K |
|
Prime Dividend Corp
TO:PDV
|
$72.58K |
|
Raspberry Pi Holdings PLC
LSE:RPI
|
$72.70K |
|
Wealthfront Corporation Common Stock
NASDAQ:WLTH
|
$72.73K |
|
Tinna Rubber and Infrastructure Limited
NSE:TINNARUBR
|
$72.49K |
|
Boku Inc
LSE:BOKU
|
$72.45K |
|
Natural Resource Holdings Inc.
PINK:NRHI
|
$72.41K |
|
Arlen SA
WAR:ARL
|
$72.39K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Lindsell Train Investment Trust Plc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 205,285,000 to 190,426,000, a change of -14,859,000 (-7.2%).
- Net loss of 4,559,000 reduced equity.
- Dividend payments of 10,300,000 reduced retained earnings.
- Other comprehensive income increased equity by 3,834,999.
- Other factors decreased equity by 3,834,999.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | £-4.56 Million | -2.39% |
| Dividends Paid | £10.30 Million | -5.41% |
| Other Comprehensive Income | £3.83 Million | +2.01% |
| Other Changes | £-3.83 Million | -2.01% |
| Total Change | £- | -7.24% |
Book Value vs Market Value Analysis
This analysis compares Lindsell Train Investment Trust 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: 0.64x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 6.08x to 0.64x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2004-03-31 | £1.00 | £6.08 | x |
| 2005-03-31 | £1.19 | £6.08 | x |
| 2006-03-31 | £1.38 | £6.08 | x |
| 2007-03-31 | £1.58 | £6.08 | x |
| 2008-03-31 | £1.59 | £6.08 | x |
| 2009-03-31 | £1.48 | £6.08 | x |
| 2010-03-31 | £1.96 | £6.08 | x |
| 2011-03-31 | £2.13 | £6.08 | x |
| 2012-03-31 | £2.31 | £6.08 | x |
| 2013-03-31 | £2.90 | £6.08 | x |
| 2014-03-31 | £3.22 | £6.08 | x |
| 2015-03-31 | £4.03 | £6.08 | x |
| 2016-03-31 | £4.43 | £6.08 | x |
| 2017-03-31 | £5.88 | £6.08 | x |
| 2018-03-31 | £7.47 | £6.08 | x |
| 2019-03-31 | £8.96 | £6.08 | x |
| 2020-03-31 | £9.57 | £6.08 | x |
| 2021-03-31 | £11.86 | £6.08 | x |
| 2022-03-31 | £11.14 | £6.08 | x |
| 2023-03-31 | £10.57 | £6.08 | x |
| 2024-03-31 | £10.26 | £6.08 | x |
| 2025-03-31 | £9.52 | £6.08 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Lindsell Train Investment Trust 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): -2.39%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: -0.02x
- • Equity Multiplier: 1.00x
- Recent ROE (-2.39%) is below the historical average (11.95%), 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 | 11.94% | 86.59% | 0.11x | 1.25x | £388.60K |
| 2005 | 16.38% | 89.99% | 0.16x | 1.13x | £1.52 Million |
| 2006 | 14.85% | 89.58% | 0.13x | 1.23x | £1.34 Million |
| 2007 | 13.63% | 85.65% | 0.13x | 1.22x | £1.14 Million |
| 2008 | 1.84% | 43.24% | 0.04x | 1.21x | £-2.59 Million |
| 2009 | -5.83% | 0.00% | -0.04x | 1.17x | £-4.69 Million |
| 2010 | 28.01% | 94.16% | 0.26x | 1.13x | £7.05 Million |
| 2011 | 8.08% | 77.51% | 0.09x | 1.11x | £-819.30K |
| 2012 | 9.43% | 95.72% | 0.09x | 1.11x | £-261.30K |
| 2013 | 21.70% | 97.73% | 0.20x | 1.13x | £6.78 Million |
| 2014 | 11.81% | 96.50% | 0.11x | 1.09x | £1.16 Million |
| 2015 | 21.88% | 98.33% | 0.22x | 1.02x | £9.58 Million |
| 2016 | 10.70% | 96.19% | 0.11x | 1.01x | £618.40K |
| 2017 | 26.18% | 98.98% | 0.26x | 1.03x | £19.03 Million |
| 2018 | 23.38% | 99.04% | 0.23x | 1.02x | £19.99 Million |
| 2019 | 19.05% | 98.72% | 0.19x | 1.01x | £16.21 Million |
| 2020 | 9.43% | 97.58% | 0.10x | 1.00x | £-1.09 Million |
| 2021 | 23.02% | 99.06% | 0.23x | 1.01x | £30.87 Million |
| 2022 | -1.96% | 0.00% | -0.02x | 1.00x | £-26.63 Million |
| 2023 | -0.36% | 0.00% | 0.00x | 1.00x | £-21.91 Million |
| 2024 | 2.04% | 70.02% | 0.03x | 1.00x | £-16.33 Million |
| 2025 | -2.39% | 0.00% | -0.02x | 1.00x | £-23.60 Million |
Industry Comparison
This section compares Lindsell Train Investment Trust Plc's net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $395,694,700
- Average return on equity (ROE) among peers: -81.73%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Lindsell Train Investment Trust Plc (LTI) | £190.43 Million | 11.94% | 0.00x | $72.51K |
| 3I Infrastructure PLC (3IN) | $1.09 Billion | 8.57% | 0.18x | $396.99K |
| 450 PLC (450) | $1.30 Million | -791.13% | 5.03x | $1.71K |
| abrdn Asian Income Fund Limited (AAIF) | $431.48 Million | 11.10% | 0.09x | $315.37 |
| Abrdn Asia Focus PLC (AAS) | $464.40 Million | -2.37% | 0.15x | $434.78 |
| Albion Technology & General VCT PLC (AATG) | $34.46 Million | 4.41% | 0.01x | $78.71 |
| Aberdeen Diversified Income and Growth Trust PLC (ADIG) | $492.42 Million | 0.00% | 0.32x | $16.61 |
| Aquila Energy Efficiency Trust PLC (AEET) | $97.38 Million | -0.64% | 0.00x | $2.38K |
| Aquila European Renewables Income PLC (AERI) | $320.23 Million | -9.29% | 0.00x | $2.45K |
| Artemis UK Future Leaders plc (AFL) | $84.35 Million | -40.52% | 0.02x | $401.26 |
| AVI Global Trust PLC (AGT) | $938.94 Million | 2.59% | 0.12x | $2.83 Million |