Northern Venture Trust

LSE:NVT UK Asset Management
Market Cap
$1.67 Million
GBX13.75 Billion GBX
Market Cap Rank
#50282 Global
#1510 in UK
Share Price
GBX57.00
Change (1 day)
+0.00%
52-Week Range
GBX56.50 - GBX58.50
All Time High
GBX60.47
Categories
Companies in UK Asset Management Banking & Financial
About

Northern Venture Trust PLC is a venture capital trust specializing in direct and fund of funds investments. The fund seeks to make investments in middle market, buyouts, later stage, and mature companies. Within fund of funds, it makes private equity fund investments. The fund typically invests between £2 million ($3.11 million) and £10 million ($15.59 million) in companies with enterprise values… Read more

Northern Venture Trust (NVT) - Net Assets

Latest net assets as of September 2025: GBX131.70 Million GBX

Based on the latest financial reports, Northern Venture Trust (NVT) has net assets worth GBX131.70 Million GBX as of September 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX131.89 Million) and total liabilities (GBX188.00K). 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 GBX131.70 Million
% of Total Assets 99.86%
Annual Growth Rate 7.97%
5-Year Change 10.4%
10-Year Change 70.6%
Growth Volatility 30.98

Northern Venture Trust - Net Assets Trend (1996–2025)

This chart illustrates how Northern Venture Trust's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Northern Venture Trust (1996–2025)

The table below shows the annual net assets of Northern Venture Trust from 1996 to 2025.

Year Net Assets Change
2025-09-30 GBX131.70 Million +8.62%
2025-03-31 GBX121.25 Million +5.59%
2024-03-31 GBX114.83 Million +12.03%
2022-09-30 GBX102.50 Million -14.08%
2021-09-30 GBX119.30 Million +5.77%
2020-09-30 GBX112.79 Million +17.91%
2019-09-30 GBX95.66 Million +1.86%
2018-09-30 GBX93.91 Million +23.14%
2017-09-30 GBX76.26 Million -1.22%
2016-09-30 GBX77.20 Million -2.21%
2015-09-30 GBX78.95 Million -5.48%
2014-09-30 GBX83.52 Million +23.99%
2013-09-30 GBX67.36 Million +6.04%
2012-09-30 GBX63.52 Million +1.53%
2011-09-30 GBX62.57 Million +24.11%
2010-09-30 GBX50.41 Million +54.63%
2009-09-30 GBX32.60 Million +4.77%
2008-09-30 GBX31.12 Million -7.48%
2007-09-30 GBX33.63 Million +1.55%
2006-09-30 GBX33.12 Million -1.23%
2005-09-30 GBX33.53 Million -5.13%
2004-09-30 GBX35.34 Million +3.96%
2003-09-30 GBX34.00 Million +4.19%
2002-09-30 GBX32.63 Million -12.96%
2001-09-30 GBX37.49 Million -30.63%
2000-09-30 GBX54.04 Million +60.63%
1999-09-30 GBX33.64 Million -9.53%
1998-09-30 GBX37.19 Million +6.69%
1997-09-30 GBX34.85 Million +147.32%
1996-09-30 GBX14.09 Million +0.86%
1996-06-30 GBX13.97 Million --

Equity Component Analysis

This analysis shows how different components contribute to Northern Venture 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 decreased by 100.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (September 2025)

Component Amount Percentage
Common Stock GBX54.23 Million 41.18%
Other Components GBX77.47 Million 58.82%
Total Equity GBX131.70 Million 100.00%

Northern Venture Trust Competitors by Market Cap

The table below lists competitors of Northern Venture Trust ranked by their market capitalization.

Company Market Cap
ALUWORKS LTD.
GSE:ALW
 		$65.78
Ladybug Resource Group Inc
PINK:LBRG
 		$66.09
Merrymart Consumer Corp
PSE:MM
 		$66.57
NGG
WAR:NGG
 		$66.69
MULTIPOLAR -A-
BE:MLQ2
 		$65.58
Alliance Select Foods International Inc
PSE:FOOD
 		$65.55
World Wireless Communications Inc
PINK:WWRL
 		$65.53
JAIZ BANK PLC
XNSA:JAIZBANK
 		$65.38

Equity Growth Attribution

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

Equity Growth Insights

  • From 2025 to 2025, total equity changed from 121,251,000 to 131,704,000, a change of 10,453,000 (8.6%).
  • Net income of 8,078,000 contributed positively to equity growth.
  • Dividend payments of 6,441,000 reduced retained earnings.
  • Share repurchases of 4,712,000 reduced equity.
  • Other factors increased equity by 13,528,000.

Equity Change Factors (2025 to 2025)

Factor Impact Contribution
Net Income GBX8.08 Million +6.13%
Dividends Paid GBX6.44 Million -4.89%
Share Repurchases GBX4.71 Million -3.58%
Other Changes GBX13.53 Million +10.27%
Total Change GBX- 8.62%

Book Value vs Market Value Analysis

This analysis compares Northern Venture 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: 94.86x
  • 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 increased from 60.63x to 94.86x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1996-09-30 GBX0.94 GBX57.00 x
1997-09-30 GBX1.43 GBX57.00 x
1998-09-30 GBX1.03 GBX57.00 x
1999-09-30 GBX0.90 GBX57.00 x
2000-09-30 GBX1.43 GBX57.00 x
2001-09-30 GBX0.92 GBX57.00 x
2002-09-30 GBX0.82 GBX57.00 x
2003-09-30 GBX0.84 GBX57.00 x
2004-09-30 GBX0.89 GBX57.00 x
2005-09-30 GBX0.86 GBX57.00 x
2006-09-30 GBX0.86 GBX57.00 x
2007-09-30 GBX0.88 GBX57.00 x
2008-09-30 GBX0.80 GBX57.00 x
2009-09-30 GBX0.81 GBX57.00 x
2010-09-30 GBX0.85 GBX57.00 x
2011-09-30 GBX0.94 GBX57.00 x
2012-09-30 GBX0.88 GBX57.00 x
2013-09-30 GBX0.91 GBX57.00 x
2014-09-30 GBX0.89 GBX57.00 x
2015-09-30 GBX0.83 GBX57.00 x
2016-09-30 GBX0.81 GBX57.00 x
2017-09-30 GBX0.76 GBX57.00 x
2018-09-30 GBX0.72 GBX57.00 x
2019-09-30 GBX0.70 GBX57.00 x
2020-09-30 GBX0.76 GBX57.00 x
2021-09-30 GBX0.75 GBX57.00 x
2022-09-30 GBX0.69 GBX57.00 x
2024-03-31 GBX0.64 GBX57.00 x
2025-03-31 GBX0.61 GBX57.00 x
2025-09-30 GBX0.60 GBX57.00 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Northern Venture 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): 6.13%
  • The company has moderate efficiency in generating returns from equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 184.64%
  • • Asset Turnover: 0.03x
  • • Equity Multiplier: 1.00x
  • Recent ROE (6.13%) is above the historical average (4.10%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1996 0.89% 60.29% 0.01x 1.03x GBX-1.28 Million
1997 2.30% 72.45% 0.03x 1.02x GBX-2.68 Million
1998 3.05% 70.17% 0.04x 1.02x GBX-2.58 Million
1999 -4.45% -121.10% 0.04x 1.02x GBX-4.86 Million
2000 1.87% 82.77% 0.02x 1.05x GBX-4.40 Million
2001 2.28% 66.38% 0.03x 1.01x GBX-2.90 Million
2002 2.21% 80.27% 0.03x 1.02x GBX-2.54 Million
2003 2.07% 81.13% 0.02x 1.05x GBX-2.69 Million
2004 2.81% 80.29% 0.03x 1.11x GBX-2.54 Million
2005 2.63% 0.00% 0.00x 1.00x GBX-2.47 Million
2006 3.29% 0.00% 0.00x 1.01x GBX-2.22 Million
2007 2.71% 0.00% 0.00x 1.01x GBX-2.45 Million
2008 2.94% 0.00% 0.00x 1.01x GBX-2.20 Million
2009 4.05% 0.00% 0.00x 1.01x GBX-1.94 Million
2010 1.36% 0.00% 0.00x 1.00x GBX-4.36 Million
2011 1.56% 52.85% 0.03x 1.00x GBX-5.28 Million
2012 1.48% 53.38% 0.03x 1.00x GBX-5.41 Million
2013 14.94% 96.14% 0.13x 1.23x GBX3.33 Million
2014 7.95% 93.82% 0.08x 1.00x GBX-1.71 Million
2015 8.64% 93.74% 0.09x 1.01x GBX-1.07 Million
2016 12.40% 96.02% 0.13x 1.01x GBX1.85 Million
2017 4.82% 90.01% 0.05x 1.00x GBX-3.95 Million
2018 4.56% 90.30% 0.05x 1.00x GBX-5.11 Million
2019 2.98% 86.20% 0.03x 1.00x GBX-6.72 Million
2020 9.70% 95.84% 0.10x 1.00x GBX-339.10K
2021 18.51% 97.91% 0.18x 1.02x GBX10.16 Million
2022 -10.59% 0.00% -0.10x 1.00x GBX-21.10 Million
2024 2.80% 83.38% 0.03x 1.00x GBX-8.27 Million
2025 6.99% 93.39% 0.07x 1.01x GBX-3.64 Million
2025 6.13% 184.64% 0.03x 1.00x GBX-5.09 Million

Industry Comparison

This section compares Northern Venture Trust'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
Northern Venture Trust (NVT) GBX131.70 Million 0.89% 0.00x $65.66
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