Palace Capital PLC
Palace Capital plc is a real estate investment firm specializing in investment in entities operating in the property sector. It seeks to invest in United Kingdom. Palace Capital plc is based in London, the United Kingdom.
Palace Capital PLC (PCA) - Net Assets
Latest net assets as of September 2025: GBX49.42 Million GBX
Based on the latest financial reports, Palace Capital PLC (PCA) has net assets worth GBX49.42 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 (GBX52.19 Million) and total liabilities (GBX2.77 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 | GBX49.42 Million |
| % of Total Assets | 94.69% |
| Annual Growth Rate | 52.61% |
| 5-Year Change | -54.06% |
| 10-Year Change | -32.12% |
| Growth Volatility | 5709.99 |
Palace Capital PLC - Net Assets Trend (2006–2025)
This chart illustrates how Palace Capital 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 Palace Capital PLC (2006–2025)
The table below shows the annual net assets of Palace Capital PLC from 2006 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | GBX72.50 Million | -25.85% |
| 2024-03-31 | GBX97.77 Million | -23.90% |
| 2023-03-31 | GBX128.47 Million | -27.50% |
| 2022-03-31 | GBX177.20 Million | +12.27% |
| 2021-03-31 | GBX157.83 Million | -5.12% |
| 2020-03-31 | GBX166.35 Million | -7.75% |
| 2019-03-31 | GBX180.32 Million | -1.62% |
| 2018-03-31 | GBX183.30 Million | +67.31% |
| 2017-03-31 | GBX109.56 Million | +2.57% |
| 2016-03-31 | GBX106.81 Million | +33.49% |
| 2015-03-31 | GBX80.02 Million | +80.32% |
| 2014-03-31 | GBX44.38 Million | +54.02% |
| 2014-01-31 | GBX28.81 Million | +23583.04% |
| 2013-01-31 | GBX121.66K | -54.94% |
| 2012-01-31 | GBX270.00K | +316.00% |
| 2011-01-31 | GBX-125.00K | -30.21% |
| 2010-01-31 | GBX-96.00K | -113.33% |
| 2009-01-31 | GBX-45.00K | -275.00% |
| 2008-01-31 | GBX-12.00K | -163.16% |
| 2007-01-31 | GBX19.00K | -13.64% |
| 2006-01-31 | GBX22.00K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Palace Capital 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 89400000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | GBX840.00K | 1.16% |
| Common Stock | GBX2.89 Million | 3.98% |
| Other Components | GBX68.78 Million | 94.86% |
| Total Equity | GBX72.50 Million | 100.00% |
Palace Capital PLC Competitors by Market Cap
The table below lists competitors of Palace Capital PLC ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
DASA3F
SA:DASA3F
|
$5.27K |
|
Honda Atlas Cars (Pakistan) Ltd
KAR:HCAR
|
$5.27K |
|
Dataproces Group A/S
CO:DATA
|
$5.28K |
|
NETLIST (XAB.SG)
STU:XAB
|
$5.28K |
|
AgriBank Securities JSC
VN:AGR
|
$5.26K |
|
TRADEDOUBLER
BE:T1D
|
$5.26K |
|
Vapor Hub International Inc.
PINK:ASHI
|
$5.26K |
|
CASH3F
SA:CASH3F
|
$5.25K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Palace Capital PLC's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 97,774,000 to 72,504,000, a change of -25,270,000 (-25.8%).
- Net income of 1,422,000 contributed positively to equity growth.
- Dividend payments of 4,658,000 reduced retained earnings.
- Share repurchases of 22,091,000 reduced equity.
- Other comprehensive income decreased equity by 4,725,999.
- Other factors increased equity by 4,782,999.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | GBX1.42 Million | +1.96% |
| Dividends Paid | GBX4.66 Million | -6.42% |
| Share Repurchases | GBX22.09 Million | -30.47% |
| Other Comprehensive Income | GBX-4.73 Million | -6.52% |
| Other Changes | GBX4.78 Million | +6.6% |
| Total Change | GBX- | -25.85% |
Book Value vs Market Value Analysis
This analysis compares Palace Capital 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: 85.98x
- 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 504.65x to 85.98x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-01-31 | GBX0.39 | GBX199.00 | x |
| 2007-01-31 | GBX0.26 | GBX199.00 | x |
| 2008-01-31 | GBX-0.17 | GBX199.00 | x |
| 2009-01-31 | GBX-0.62 | GBX199.00 | x |
| 2010-01-31 | GBX-1.33 | GBX199.00 | x |
| 2011-01-31 | GBX-1.72 | GBX199.00 | x |
| 2012-01-31 | GBX1.25 | GBX199.00 | x |
| 2013-01-31 | GBX0.24 | GBX199.00 | x |
| 2014-01-31 | GBX7.25 | GBX199.00 | x |
| 2015-03-31 | GBX4.68 | GBX199.00 | x |
| 2016-03-31 | GBX4.31 | GBX199.00 | x |
| 2017-03-31 | GBX4.26 | GBX199.00 | x |
| 2018-03-31 | GBX5.24 | GBX199.00 | x |
| 2019-03-31 | GBX3.93 | GBX199.00 | x |
| 2020-03-31 | GBX3.62 | GBX199.00 | x |
| 2021-03-31 | GBX3.43 | GBX199.00 | x |
| 2022-03-31 | GBX3.83 | GBX199.00 | x |
| 2023-03-31 | GBX2.89 | GBX199.00 | x |
| 2024-03-31 | GBX2.47 | GBX199.00 | x |
| 2025-03-31 | GBX2.31 | GBX199.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Palace Capital 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): 1.96%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 10.74%
- • Asset Turnover: 0.17x
- • Equity Multiplier: 1.06x
- Recent ROE (1.96%) is above the historical average (-139.96%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | -1790.91% | -39400.00% | 0.01x | 4.95x | GBX-396.20K |
| 2007 | -921.05% | -210.84% | 0.83x | 5.26x | GBX-176.90K |
| 2008 | 0.00% | -41.89% | 0.83x | 0.00x | GBX-29.80K |
| 2009 | 0.00% | -55.93% | 0.76x | 0.00x | GBX-28.50K |
| 2010 | 0.00% | -150.00% | 0.89x | 0.00x | GBX-41.40K |
| 2011 | 0.00% | -40.58% | 4.60x | 0.00x | GBX-15.60K |
| 2012 | 5.19% | 25.45% | 0.02x | 8.20x | GBX-13.00K |
| 2013 | -129.65% | -78.95% | 0.10x | 17.18x | GBX-169.89K |
| 2014 | 19.68% | 266.41% | 0.04x | 1.81x | GBX2.79 Million |
| 2015 | 17.52% | 162.27% | 0.07x | 1.50x | GBX6.01 Million |
| 2016 | 10.11% | 73.83% | 0.08x | 1.76x | GBX117.50K |
| 2017 | 8.57% | 65.79% | 0.07x | 1.80x | GBX-1.57 Million |
| 2018 | 6.84% | 74.89% | 0.06x | 1.64x | GBX-5.80 Million |
| 2019 | 2.87% | 27.57% | 0.06x | 1.75x | GBX-12.86 Million |
| 2020 | -3.27% | -25.72% | 0.07x | 1.82x | GBX-22.07 Million |
| 2021 | -3.51% | -31.95% | 0.06x | 1.91x | GBX-21.32 Million |
| 2022 | 13.85% | 50.03% | 0.17x | 1.63x | GBX6.83 Million |
| 2023 | -27.79% | -108.28% | 0.16x | 1.57x | GBX-48.55 Million |
| 2024 | -9.58% | -47.77% | 0.18x | 1.13x | GBX-19.14 Million |
| 2025 | 1.96% | 10.74% | 0.17x | 1.06x | GBX-5.83 Million |
Industry Comparison
This section compares Palace Capital PLC's net assets metrics with peer companies in the REIT - Diversified industry.
Industry Context
- Industry: REIT - Diversified
- Average net assets among peers: $199,033,895
- Average return on equity (ROE) among peers: 5.09%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Palace Capital PLC (PCA) | GBX49.42 Million | -1790.91% | 0.06x | $5.27K |
| AEW UK REIT Plc (AEWU) | $167.10 Million | -6.78% | 0.40x | $20.37K |
| Alternative Income REIT PLC (AIRE) | $67.33 Million | 10.78% | 0.65x | $7.81K |
| abrdn Property Income Trust Ltd. (API) | $312.78 Million | 10.21% | 0.49x | $890.56 |
| Custodian REIT PLC (CREI) | $415.20 Million | 7.81% | 0.31x | $49.58K |
| Ground Rents Income Fund PLC (GRIO) | $134.81 Million | -7.93% | 0.00x | $2.79K |
| Picton Property Income Ltd (PCTN) | $214.10 Million | 17.44% | 1.17x | $51.02K |
| Real Estate Investors PLC (RLE) | $125.44 Million | 2.92% | 0.93x | $6.68K |
| Schroder European Reit Plc (SERE) | $164.10 Million | 0.35% | 0.49x | $9.98K |
| Schroder Real Estate Investment Trust Ltd (SREI) | $190.44 Million | 10.96% | 0.71x | $31.42K |