Migo Opportunities Trust PLC
MIGO Opportunities Trust plc is a close-ended balanced fund of funds launched and managed by Asset Value Investors Limited. The fund invests in the funds investing in the public equity and fixed income markets across the globe. It primarily invests in other close ended funds. The fund benchmarks the performance of its portfolio against the FTSE All-Share Equity Investment Instruments Index and th… Read more
Migo Opportunities Trust PLC (MIGO) - Net Assets
Latest net assets as of April 2025: GBX65.92 Million GBX
Based on the latest financial reports, Migo Opportunities Trust PLC (MIGO) has net assets worth GBX65.92 Million GBX as of April 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX77.60 Million) and total liabilities (GBX11.69 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 | GBX65.92 Million |
| % of Total Assets | 84.94% |
| Annual Growth Rate | 5.56% |
| 5-Year Change | -29.23% |
| 10-Year Change | 42.92% |
| Growth Volatility | 24.9 |
Migo Opportunities Trust PLC - Net Assets Trend (2005–2025)
This chart illustrates how Migo Opportunities 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 Migo Opportunities Trust PLC (2005–2025)
The table below shows the annual net assets of Migo Opportunities Trust PLC from 2005 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-04-30 | GBX65.92 Million | -19.33% |
| 2024-04-30 | GBX81.71 Million | +2.34% |
| 2023-04-30 | GBX79.85 Million | -15.67% |
| 2022-04-30 | GBX94.68 Million | +1.65% |
| 2021-04-30 | GBX93.14 Million | +48.81% |
| 2020-04-30 | GBX62.59 Million | -18.89% |
| 2019-04-30 | GBX77.17 Million | +2.64% |
| 2018-04-30 | GBX75.18 Million | +19.57% |
| 2017-04-30 | GBX62.88 Million | +36.33% |
| 2016-04-30 | GBX46.12 Million | +0.44% |
| 2015-04-30 | GBX45.92 Million | +8.48% |
| 2014-04-30 | GBX42.33 Million | +6.12% |
| 2013-04-30 | GBX39.88 Million | +11.29% |
| 2012-04-30 | GBX35.84 Million | -7.44% |
| 2011-04-30 | GBX38.72 Million | +12.17% |
| 2010-04-30 | GBX34.52 Million | +42.56% |
| 2009-04-30 | GBX24.21 Million | -37.23% |
| 2008-04-30 | GBX38.57 Million | -21.40% |
| 2007-04-30 | GBX49.08 Million | +49.34% |
| 2006-04-30 | GBX32.86 Million | +47.14% |
| 2005-04-30 | GBX22.34 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Migo Opportunities 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 decreased by 58.4% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (April 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | GBX1.16 Million | 1.76% |
| Common Stock | GBX192.00K | 0.29% |
| Other Comprehensive Income | GBX35.48 Million | 53.82% |
| Other Components | GBX29.09 Million | 44.13% |
| Total Equity | GBX65.92 Million | 100.00% |
Migo Opportunities Trust PLC Competitors by Market Cap
The table below lists competitors of Migo Opportunities Trust PLC ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Goldstone Resources Ltd
LSE:GRL
|
$461.96 |
|
DXI Capital Corp
PINK:DXIEF
|
$462.18 |
|
UNION HOMES REAL ESTATE INVESTMENT TRUST PLC
XNSA:UHOMREIT
|
$463.24 |
|
FUJIKON INDL (FUK.SG)
STU:FUK
|
$463.68 |
|
Santa Rosa Resources Corp
V:STR-H
|
$461.36 |
|
Graft Polymer UK PLC
LSE:GPL
|
$460.92 |
|
Vulcan International Corporation
PINK:VULC
|
$460.90 |
|
GWH-WT
NYSE:GWH-WT
|
$460.32 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Migo Opportunities Trust PLC's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 81,714,000 to 65,917,000, a change of -15,797,000 (-19.3%).
- Net loss of 3,983,000 reduced equity.
- Dividend payments of 127,000 reduced retained earnings.
- Share repurchases of 11,687,000 reduced equity.
- Other comprehensive income increased equity by 35,346,000.
- Other factors decreased equity by 35,346,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | GBX-3.98 Million | -6.04% |
| Dividends Paid | GBX127.00K | -0.19% |
| Share Repurchases | GBX11.69 Million | -17.73% |
| Other Comprehensive Income | GBX35.35 Million | +53.62% |
| Other Changes | GBX-35.35 Million | -53.62% |
| Total Change | GBX- | -19.33% |
Book Value vs Market Value Analysis
This analysis compares Migo Opportunities 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: 124.30x
- 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 360.35x to 124.30x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-04-30 | GBX1.08 | GBX390.00 | x |
| 2006-04-30 | GBX1.53 | GBX390.00 | x |
| 2007-04-30 | GBX1.63 | GBX390.00 | x |
| 2008-04-30 | GBX1.32 | GBX390.00 | x |
| 2009-04-30 | GBX0.94 | GBX390.00 | x |
| 2010-04-30 | GBX1.37 | GBX390.00 | x |
| 2011-04-30 | GBX1.53 | GBX390.00 | x |
| 2012-04-30 | GBX1.42 | GBX390.00 | x |
| 2013-04-30 | GBX1.58 | GBX390.00 | x |
| 2014-04-30 | GBX1.67 | GBX390.00 | x |
| 2015-04-30 | GBX1.82 | GBX390.00 | x |
| 2016-04-30 | GBX1.82 | GBX390.00 | x |
| 2017-04-30 | GBX2.49 | GBX390.00 | x |
| 2018-04-30 | GBX2.89 | GBX390.00 | x |
| 2019-04-30 | GBX2.78 | GBX390.00 | x |
| 2020-04-30 | GBX2.23 | GBX390.00 | x |
| 2021-04-30 | GBX3.39 | GBX390.00 | x |
| 2022-04-30 | GBX3.53 | GBX390.00 | x |
| 2023-04-30 | GBX3.18 | GBX390.00 | x |
| 2024-04-30 | GBX3.49 | GBX390.00 | x |
| 2025-04-30 | GBX3.14 | GBX390.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Migo Opportunities 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): -6.04%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: -0.03x
- • Equity Multiplier: 1.18x
- Recent ROE (-6.04%) is below the historical average (3.97%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 11.35% | 79.66% | 0.13x | 1.14x | GBX300.50K |
| 2006 | 27.41% | 88.25% | 0.29x | 1.07x | GBX5.72 Million |
| 2007 | 6.92% | 85.00% | 0.07x | 1.10x | GBX-1.51 Million |
| 2008 | -14.48% | 0.00% | -0.11x | 1.11x | GBX-9.44 Million |
| 2009 | -50.34% | 0.00% | -0.42x | 1.17x | GBX-14.61 Million |
| 2010 | 29.86% | 95.29% | 0.29x | 1.10x | GBX6.85 Million |
| 2011 | 10.85% | 88.59% | 0.11x | 1.10x | GBX329.00K |
| 2012 | -8.04% | 0.00% | -0.06x | 1.00x | GBX-6.46 Million |
| 2013 | 10.14% | 92.56% | 0.11x | 1.03x | GBX56.60K |
| 2014 | 5.77% | 87.97% | 0.06x | 1.07x | GBX-1.79 Million |
| 2015 | 7.82% | 91.82% | 0.08x | 1.07x | GBX-1.00 Million |
| 2016 | 0.44% | 28.41% | 0.01x | 1.11x | GBX-4.41 Million |
| 2017 | 26.65% | 97.40% | 0.25x | 1.08x | GBX10.47 Million |
| 2018 | 9.14% | 91.70% | 0.09x | 1.07x | GBX-643.40K |
| 2019 | -0.36% | -55.09% | 0.01x | 1.00x | GBX-7.99 Million |
| 2020 | -23.39% | 0.00% | -0.23x | 1.00x | GBX-20.90 Million |
| 2021 | 35.97% | 98.40% | 0.36x | 1.02x | GBX24.19 Million |
| 2022 | 4.32% | 84.49% | 0.05x | 1.00x | GBX-5.38 Million |
| 2023 | -10.89% | 0.00% | -0.10x | 1.02x | GBX-16.68 Million |
| 2024 | 10.19% | 83.01% | 0.12x | 1.07x | GBX151.60K |
| 2025 | -6.04% | 0.00% | -0.03x | 1.18x | GBX-10.57 Million |
Industry Comparison
This section compares Migo Opportunities Trust PLC's net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $381,578,830
- Average return on equity (ROE) among peers: 2.08%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Migo Opportunities Trust PLC (MIGO) | GBX65.92 Million | 11.35% | 0.18x | $461.37 |
| 3I Infrastructure PLC (3IN) | $1.25 Billion | 6.43% | 0.14x | $396.99K |
| 450 PLC (450) | $5.16 Million | -13.53% | 0.02x | $1.71K |
| abrdn Asian Income Fund Limited (AAIF) | $398.87 Million | 2.19% | 0.09x | $340.47 |
| Abrdn Asia Focus PLC (AAS) | $109.83 Million | -14.86% | 0.05x | $438.52 |
| Albion Technology & General VCT PLC (AATG) | $72.65 Million | 5.77% | 0.01x | $73.82 |
| Aberdeen Diversified Income and Growth Trust PLC (ADIG) | $343.29 Million | -4.87% | 0.24x | $16.84 |
| Aquila Energy Efficiency Trust PLC (AEET) | $97.38 Million | -0.64% | 0.00x | $2.38K |
| Aquila European Renewables Income PLC (AERI) | $316.90 Million | -0.37% | 0.13x | $2.47K |
| Artemis UK Future Leaders plc (AFL) | $111.28 Million | 27.82% | 0.00x | $409.33 |
| AVI Global Trust PLC (AGT) | $1.11 Billion | 12.82% | 0.15x | $2.81 Million |