Pacific Assets Trust plc

LSE:PAC UK Asset Management
Market Cap
$5.23 Million
GBX42.96 Billion GBX
Market Cap Rank
#49070 Global
#1292 in UK
Share Price
GBX376.00
Change (1 day)
+0.00%
52-Week Range
GBX300.00 - GBX403.00
All Time High
GBX403.00
Categories
Companies in UK Asset Management Banking & Financial
About

Pacific Assets Trust plc is a closed ended equity mutual fund launched by Frostrow Capital LLP. It is managed by First State Investment Management (UK) Limited. The fund invests in public equity markets of the Asia-Pacific region, excluding Japan, Australia, and New Zealand. It seeks to invest in stocks of companies operating across diversified sectors. The fund primarily invests in growth stocks… Read more

Pacific Assets Trust plc (PAC) - Net Assets

Latest net assets as of July 2025: GBX470.01 Million GBX

Based on the latest financial reports, Pacific Assets Trust plc (PAC) has net assets worth GBX470.01 Million GBX as of July 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX482.06 Million) and total liabilities (GBX12.05 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 GBX470.01 Million
% of Total Assets 97.5%
Annual Growth Rate 8.9%
5-Year Change 20.96%
10-Year Change 120.49%
Growth Volatility 18.29

Pacific Assets Trust plc - Net Assets Trend (2004–2025)

This chart illustrates how Pacific Assets 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 Pacific Assets Trust plc (2004–2025)

The table below shows the annual net assets of Pacific Assets Trust plc from 2004 to 2025.

Year Net Assets Change
2025-01-31 GBX503.44 Million +8.31%
2024-01-31 GBX464.82 Million -1.87%
2023-01-31 GBX473.66 Million +5.10%
2022-01-31 GBX450.67 Million +8.28%
2021-01-31 GBX416.22 Million +20.39%
2020-01-31 GBX345.72 Million +3.92%
2019-01-31 GBX332.67 Million +3.72%
2018-01-31 GBX320.73 Million +11.67%
2017-01-31 GBX287.20 Million +25.79%
2016-01-31 GBX228.33 Million -5.67%
2015-01-31 GBX242.06 Million +29.94%
2014-01-31 GBX186.29 Million -0.70%
2013-01-31 GBX187.60 Million +21.92%
2012-01-31 GBX153.87 Million -3.88%
2011-01-31 GBX160.09 Million +18.36%
2010-01-31 GBX135.25 Million +54.12%
2009-01-31 GBX87.76 Million -42.30%
2008-01-31 GBX152.10 Million +23.05%
2007-01-31 GBX123.62 Million +9.35%
2006-01-31 GBX113.05 Million +29.34%
2005-01-31 GBX87.40 Million +4.13%
2004-01-31 GBX83.94 Million --

Equity Component Analysis

This analysis shows how different components contribute to Pacific Assets 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 1112400000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (January 2025)

Component Amount Percentage
Retained Earnings GBX11.12 Million 2.21%
Common Stock GBX15.07 Million 2.99%
Other Comprehensive Income GBX468.43 Million 93.05%
Other Components GBX8.81 Million 1.75%
Total Equity GBX503.44 Million 100.00%

Pacific Assets Trust plc Competitors by Market Cap

The table below lists competitors of Pacific Assets Trust plc ranked by their market capitalization.

Company Market Cap
Futura Medical
LSE:FUM
 		$424.60
ZIWETO HOLDINGS LIMITED (USD)
SEM:ZWTO
 		$424.64
Macau Property Opportunities Fund Ltd
LSE:MPO
 		$425.08
Premier Exhibitions Inc
PINK:PRXIQ
 		$426.15
HITECH + DEVELOPMENT WIR.
F:858
 		$423.93
Al Arafa Investment And Consulting in EGP
EGX:AIVCB
 		$423.67
China Food and Beverage Company
PINK:CHIF
 		$422.69
AMBER ENERGY
MU:9AE
 		$422.32

Equity Growth Attribution

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

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 464,819,000 to 503,441,000, a change of 38,622,000 (8.3%).
  • Net income of 44,821,000 contributed positively to equity growth.
  • Other comprehensive income increased equity by 36,941,999.
  • Other factors decreased equity by 43,140,999.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income GBX44.82 Million +8.9%
Other Comprehensive Income GBX36.94 Million +7.34%
Other Changes GBX-43.14 Million -8.57%
Total Change GBX- 8.31%

Book Value vs Market Value Analysis

This analysis compares Pacific Assets 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: 90.30x
  • 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 548.55x to 90.30x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2004-01-31 GBX0.69 GBX376.00 x
2005-01-31 GBX0.71 GBX376.00 x
2006-01-31 GBX0.92 GBX376.00 x
2007-01-31 GBX1.02 GBX376.00 x
2008-01-31 GBX1.28 GBX376.00 x
2009-01-31 GBX0.74 GBX376.00 x
2010-01-31 GBX1.14 GBX376.00 x
2011-01-31 GBX1.36 GBX376.00 x
2012-01-31 GBX1.32 GBX376.00 x
2013-01-31 GBX1.61 GBX376.00 x
2014-01-31 GBX1.59 GBX376.00 x
2015-01-31 GBX2.07 GBX376.00 x
2016-01-31 GBX1.93 GBX376.00 x
2017-01-31 GBX2.40 GBX376.00 x
2018-01-31 GBX2.68 GBX376.00 x
2019-01-31 GBX2.78 GBX376.00 x
2020-01-31 GBX2.87 GBX376.00 x
2021-01-31 GBX3.44 GBX376.00 x
2022-01-31 GBX3.73 GBX376.00 x
2023-01-31 GBX3.92 GBX376.00 x
2024-01-31 GBX3.84 GBX376.00 x
2025-01-31 GBX4.16 GBX376.00 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Pacific Assets 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): 8.90%
  • The company has moderate efficiency in generating returns from equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 114.14%
  • • Asset Turnover: 0.08x
  • • Equity Multiplier: 1.03x
  • Recent ROE (8.90%) is above the historical average (8.64%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2004 33.25% 89.28% 0.31x 1.21x GBX19.52 Million
2005 4.31% 67.55% 0.06x 1.05x GBX-4.98 Million
2006 23.79% 94.23% 0.23x 1.09x GBX15.59 Million
2007 12.01% 86.54% 0.13x 1.09x GBX2.49 Million
2008 19.92% 90.50% 0.20x 1.08x GBX15.09 Million
2009 -71.81% 0.00% -0.68x 1.01x GBX-71.80 Million
2010 36.24% 96.03% 0.38x 1.00x GBX35.50 Million
2011 17.50% 90.56% 0.19x 1.04x GBX12.00 Million
2012 -3.08% 0.00% -0.02x 1.00x GBX-20.12 Million
2013 19.60% 97.82% 0.20x 1.01x GBX18.01 Million
2014 0.92% 65.84% 0.01x 1.02x GBX-16.91 Million
2015 24.30% 98.92% 0.24x 1.03x GBX34.61 Million
2016 -6.89% 0.00% -0.06x 1.00x GBX-38.57 Million
2017 21.33% 98.27% 0.22x 1.00x GBX32.54 Million
2018 11.16% 97.01% 0.11x 1.01x GBX3.73 Million
2019 4.53% 91.84% 0.05x 1.00x GBX-18.21 Million
2020 3.89% 82.47% 0.05x 1.01x GBX-21.12 Million
2021 17.81% 89.97% 0.19x 1.02x GBX32.51 Million
2022 8.29% 77.38% 0.10x 1.02x GBX-7.71 Million
2023 5.34% 76.71% 0.07x 1.02x GBX-22.07 Million
2024 -1.30% -14.36% 0.09x 1.03x GBX-52.54 Million
2025 8.90% 114.14% 0.08x 1.03x GBX-5.52 Million

Industry Comparison

This section compares Pacific Assets 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
Pacific Assets Trust plc (PAC) GBX470.01 Million 33.25% 0.03x $424.32
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