Murray Income Trust (MUT) - Net Assets

Latest as of June 2025: GBX916.74 Million GBX ≈ $111.54K USD

Based on the latest financial reports, Murray Income Trust (MUT) has net assets worth GBX916.74 Million GBX (≈ $111.54K USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX1.03 Billion ≈ $125.76K USD) and total liabilities (GBX116.84 Million ≈ $14.22K 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 MUT asset liquidity ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric Value
Current Net Assets GBX916.74 Million
% of Total Assets 88.7%
Annual Growth Rate 2.96%
5-Year Change -16.19%
10-Year Change 77.99%
Growth Volatility 24.2

Murray Income Trust - Net Assets Trend (2000–2025)

This chart illustrates how Murray Income Trust's net assets have evolved over time, based on quarterly financial data. Also explore Murray Income Trust asset portfolio for the complete picture of this company's asset base.

Annual Net Assets for Murray Income Trust (2000–2025)

The table below shows the annual net assets of Murray Income Trust from 2000 to 2025. For live valuation and market cap data, see Murray Income Trust market capitalisation.

Year Net Assets Change
2025-06-30 GBX916.74 Million
≈ $111.54K		 -7.43%
2024-06-30 GBX990.28 Million
≈ $120.49K		 -0.89%
2023-06-30 GBX999.18 Million
≈ $121.57K		 -1.00%
2022-06-30 GBX1.01 Billion
≈ $122.80K		 -7.73%
2021-06-30 GBX1.09 Billion
≈ $133.09K		 +104.70%
2020-06-30 GBX534.36 Million
≈ $65.02K		 -8.99%
2019-06-30 GBX587.15 Million
≈ $71.44K		 +2.84%
2018-06-30 GBX570.93 Million
≈ $69.47K		 -0.96%
2017-06-30 GBX576.46 Million
≈ $70.14K		 +11.93%
2016-06-30 GBX515.04 Million
≈ $62.66K		 -0.17%
2015-06-30 GBX515.89 Million
≈ $62.77K		 -5.80%
2014-06-30 GBX547.65 Million
≈ $66.63K		 +11.11%
2013-06-30 GBX492.88 Million
≈ $59.97K		 +15.85%
2012-06-30 GBX425.46 Million
≈ $51.77K		 -2.06%
2011-06-30 GBX434.41 Million
≈ $52.85K		 +22.57%
2010-06-30 GBX354.43 Million
≈ $43.12K		 +20.32%
2009-06-30 GBX294.57 Million
≈ $35.84K		 -26.46%
2008-06-30 GBX400.54 Million
≈ $48.73K		 -23.36%
2007-06-30 GBX522.62 Million
≈ $63.59K		 +14.43%
2006-06-30 GBX456.71 Million
≈ $55.57K		 +12.88%
2005-06-30 GBX404.60 Million
≈ $49.23K		 +17.23%
2004-06-30 GBX345.14 Million
≈ $41.99K		 +13.34%
2003-06-30 GBX304.53 Million
≈ $37.05K		 -19.87%
2002-06-30 GBX380.04 Million
≈ $46.24K		 -12.66%
2001-06-30 GBX435.14 Million
≈ $52.94K		 -1.61%
2000-06-30 GBX442.28 Million
≈ $53.81K		 --

Equity Component Analysis

This analysis shows how different components contribute to Murray Income Trust'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 5081.6% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (June 2025)

Component Amount Percentage
Retained Earnings GBX443.65 Million 48.39%
Common Stock GBX29.88 Million 3.26%
Other Comprehensive Income GBX5.00 Million 0.55%
Other Components GBX438.21 Million 47.80%
Total Equity GBX916.74 Million 100.00%

Murray Income Trust Competitors by Market Cap

The table below lists competitors of Murray Income Trust ranked by their market capitalization.

Company Market Cap
Axolot Solutions Holding AB
ST:AXOLOT
 $10.78 Million
LBI Capital Bhd
KLSE:8494
 $10.78 Million
Weha Transportasi Indonesia TBK
JK:WEHA
 $10.78 Million
Medicon Hellas S.A.
AT:MEDIC
 $10.78 Million
Dharma Samudera Fishing Tbk
JK:DSFI
 $10.77 Million
Adneo Ltd
AU:AD1
 $10.77 Million
Hidili Industry International Development Limited
F:3H3
 $10.77 Million
XIAO-I Corporation American Depositary Shares
NASDAQ:AIXI
 $10.77 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Murray Income Trust's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 990,282,000 to 916,738,000, a change of -73,544,000 (-7.4%).
  • Net income of 22,880,000 contributed positively to equity growth.
  • Dividend payments of 38,969,000 reduced retained earnings.
  • Share repurchases of 57,580,000 reduced equity.
  • Other comprehensive income decreased equity by 484,787,000.
  • Other factors increased equity by 484,912,000.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income GBX22.88 Million +2.5%
Dividends Paid GBX38.97 Million -4.25%
Share Repurchases GBX57.58 Million -6.28%
Other Comprehensive Income GBX-484.79 Million -52.88%
Other Changes GBX484.91 Million +52.9%
Total Change GBX- -7.43%

Book Value vs Market Value Analysis

This analysis compares Murray Income Trust'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: 102.81x
  • 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 172.17x to 102.81x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2002-06-30 GBX5.41 GBX932.00 x
2003-06-30 GBX4.34 GBX932.00 x
2004-06-30 GBX4.96 GBX932.00 x
2005-06-30 GBX6.11 GBX932.00 x
2006-06-30 GBX6.90 GBX932.00 x
2007-06-30 GBX8.02 GBX932.00 x
2008-06-30 GBX6.17 GBX932.00 x
2009-06-30 GBX4.56 GBX932.00 x
2010-06-30 GBX5.48 GBX932.00 x
2011-06-30 GBX6.72 GBX932.00 x
2012-06-30 GBX6.55 GBX932.00 x
2013-06-30 GBX7.46 GBX932.00 x
2014-06-30 GBX8.07 GBX932.00 x
2015-06-30 GBX7.58 GBX932.00 x
2016-06-30 GBX7.59 GBX932.00 x
2017-06-30 GBX8.60 GBX932.00 x
2018-06-30 GBX8.53 GBX932.00 x
2019-06-30 GBX8.87 GBX932.00 x
2020-06-30 GBX8.08 GBX932.00 x
2021-06-30 GBX11.20 GBX932.00 x
2022-06-30 GBX8.64 GBX932.00 x
2023-06-30 GBX8.69 GBX932.00 x
2024-06-30 GBX9.16 GBX932.00 x
2025-06-30 GBX9.07 GBX932.00 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Murray Income Trust 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): 2.50%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 76.96%
  • • Asset Turnover: 0.03x
  • • Equity Multiplier: 1.13x
  • Recent ROE (2.50%) is below the historical average (6.35%), 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 16.27% 91.53% 0.16x 1.14x GBX21.62 Million
2005 19.26% 94.24% 0.20x 1.04x GBX37.45 Million
2006 16.65% 94.04% 0.17x 1.06x GBX30.39 Million
2007 15.56% 93.71% 0.16x 1.06x GBX29.04 Million
2008 -25.64% 0.00% -0.22x 1.11x GBX-142.74 Million
2009 -30.08% 0.00% -0.26x 1.12x GBX-118.05 Million
2010 21.95% 96.05% 0.21x 1.10x GBX42.34 Million
2011 22.58% 96.65% 0.21x 1.09x GBX54.64 Million
2012 1.02% 49.86% 0.02x 1.10x GBX-38.20 Million
2013 15.75% 98.25% 0.15x 1.08x GBX28.33 Million
2014 12.48% 97.87% 0.12x 1.08x GBX13.59 Million
2015 -2.22% 0.00% -0.02x 1.11x GBX-63.06 Million
2016 5.27% 94.82% 0.05x 1.11x GBX-24.36 Million
2017 15.44% 98.24% 0.15x 1.08x GBX31.34 Million
2018 3.70% 92.64% 0.04x 1.09x GBX-35.99 Million
2019 7.25% 96.92% 0.07x 1.09x GBX-16.14 Million
2020 -5.58% 0.00% -0.05x 1.09x GBX-83.25 Million
2021 14.74% 255.78% 0.05x 1.11x GBX51.83 Million
2022 -4.07% 0.00% -0.03x 1.12x GBX-142.03 Million
2023 7.35% 134.47% 0.05x 1.12x GBX-26.43 Million
2024 9.57% 157.24% 0.05x 1.12x GBX-4.25 Million
2025 2.50% 76.96% 0.03x 1.13x GBX-68.79 Million

Industry Comparison

This section compares Murray Income Trust's net assets metrics with peer companies in the Asset Management industry.

Industry Context

  • Industry: Asset Management
  • Average net assets among peers: $745,852,800
  • Average return on equity (ROE) among peers: 2.99%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Murray Income Trust (MUT) GBX916.74 Million 16.27% 0.13x $10.77 Million
3I Infrastructure PLC (3IN) $1.20 Billion 4.98% 0.15x $42.14 Million
Albion Enterprise VCT PLC (AAEV) $61.87 Million 11.55% 0.03x $3.29 Million
abrdn Asian Income Fund Limited (AAIF) $431.87 Million 14.17% 0.08x $5.17 Million
Abrdn Asia Focus PLC (AAS) $98.67 Million 9.82% 0.09x $7.49 Million
Albion Technology & General VCT PLC (AATG) $64.83 Million 5.63% 0.01x $3.22 Million
Abrdn PLC (ABDN) $4.56 Billion 10.22% 39.48x $45.21 Million
Aberdeen Diversified Income and Growth Trust PLC (ADIG) $426.87 Million 6.29% 0.20x $450.86K
Aquila Energy Efficiency Trust PLC (AEET) $69.67 Million -2.91% 0.02x $261.59K
Aquila European Renewables Income PLC (AERI) $372.54 Million -8.03% 0.00x $79.35 Million
Artemis UK Future Leaders plc (AFL) $174.91 Million -21.80% 0.02x $415.29

About Murray Income Trust

LSE:MUT UK Asset Management
Market Cap
$10.77 Million
GBX88.56 Billion GBX
Market Cap Rank
#26701 Global
#339 in UK
Share Price
GBX932.00
Change (1 day)
-0.21%
52-Week Range
GBX8.61 - GBX989.00
All Time High
GBX989.00
Categories
Companies in UK Asset Management Banking & Financial
About

Murray Income Trust PLC is a closed ended equity mutual fund launched and managed by Aberdeen Fund Managers Limited. It is co-managed by Aberdeen Asset Managers Limited. The fund invests in the public equity markets of the United Kingdom. It seeks to invest in stocks of companies operating across diversified sectors. The fund primarily invests in dividend paying growth stocks of large-cap compani… Read more