Pembroke VCT PLC

LSE:PEMB UK Asset Management
Market Cap
$3.14 Million
GBX25.83 Billion GBX
Market Cap Rank
#50062 Global
#1469 in UK
Share Price
GBX92.00
Change (1 day)
+0.00%
52-Week Range
GBX90.50 - GBX95.00
All Time High
GBX103.15
About

Pembroke VCT plc is a venture capital trust specializing in investments in growth-stage and any stage of businesses development including start-up to more mature businesses and established businesses. It prefers to invest in consumer facing businesses health, fitness, fashion, apparel, accessories, technology, media, design, education, food, beverage, wellness, digital services, hospitality and b… Read more

Pembroke VCT PLC (PEMB) - Net Assets

Latest net assets as of September 2025: GBX255.95 Million GBX

Based on the latest financial reports, Pembroke VCT PLC (PEMB) has net assets worth GBX255.95 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 (GBX258.29 Million) and total liabilities (GBX2.35 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 GBX255.95 Million
% of Total Assets 99.09%
Annual Growth Rate 26.94%
5-Year Change 89.7%
10-Year Change 777.42%
Growth Volatility 16.85

Pembroke VCT PLC - Net Assets Trend (2014–2025)

This chart illustrates how Pembroke VCT 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 Pembroke VCT PLC (2014–2025)

The table below shows the annual net assets of Pembroke VCT PLC from 2014 to 2025.

Year Net Assets Change
2025-03-31 GBX251.67 Million +12.32%
2024-03-31 GBX224.07 Million +3.23%
2023-03-31 GBX217.06 Million +8.21%
2022-03-31 GBX200.59 Million +51.20%
2021-03-31 GBX132.67 Million +24.61%
2020-03-31 GBX106.46 Million +57.10%
2019-03-31 GBX67.77 Million +32.31%
2018-03-31 GBX51.22 Million +40.77%
2017-03-31 GBX36.39 Million +26.86%
2016-03-31 GBX28.68 Million +37.93%
2015-03-31 GBX20.80 Million +14.01%
2014-03-31 GBX18.24 Million --

Equity Component Analysis

This analysis shows how different components contribute to Pembroke VCT 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 100.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (March 2025)

Component Amount Percentage
Common Stock GBX2.53 Million 1.00%
Other Components GBX249.15 Million 99.00%
Total Equity GBX251.67 Million 100.00%

Pembroke VCT PLC Competitors by Market Cap

The table below lists competitors of Pembroke VCT PLC ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Pembroke VCT PLC's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 224,075,000 to 251,671,000, a change of 27,596,000 (12.3%).
  • Net income of 443,000 contributed positively to equity growth.
  • Dividend payments of 9,548,000 reduced retained earnings.
  • Share repurchases of 6,446,000 reduced equity.
  • New share issuances of 50,751,000 increased equity.
  • Other comprehensive income decreased equity by 157,564,000.
  • Other factors increased equity by 149,960,000.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income GBX443.00K +0.18%
Dividends Paid GBX9.55 Million -3.79%
Share Repurchases GBX6.45 Million -2.56%
Share Issuances GBX50.75 Million +20.17%
Other Comprehensive Income GBX-157.56 Million -62.61%
Other Changes GBX149.96 Million +59.59%
Total Change GBX- 12.32%

Book Value vs Market Value Analysis

This analysis compares Pembroke VCT 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: 82.09x
  • 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 68.09x to 82.09x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2014-03-31 GBX1.35 GBX92.00 x
2015-03-31 GBX1.15 GBX92.00 x
2016-03-31 GBX1.58 GBX92.00 x
2017-03-31 GBX1.19 GBX92.00 x
2018-03-31 GBX1.15 GBX92.00 x
2019-03-31 GBX1.32 GBX92.00 x
2020-03-31 GBX1.87 GBX92.00 x
2021-03-31 GBX1.30 GBX92.00 x
2022-03-31 GBX1.60 GBX92.00 x
2023-03-31 GBX1.27 GBX92.00 x
2024-03-31 GBX1.15 GBX92.00 x
2025-03-31 GBX1.12 GBX92.00 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Pembroke VCT 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): 0.18%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 24.10%
  • • Asset Turnover: 0.01x
  • • Equity Multiplier: 1.04x
  • Recent ROE (0.18%) is below the historical average (3.69%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2014 2.58% 73.93% 0.03x 1.04x GBX-1.35 Million
2015 5.58% 79.49% 0.07x 1.03x GBX-919.46K
2016 7.17% 86.93% 0.08x 1.01x GBX-812.66K
2017 2.31% 70.88% 0.03x 1.02x GBX-2.80 Million
2018 7.92% 396.16% 0.02x 1.01x GBX-1.06 Million
2019 8.60% 94.09% 0.09x 1.00x GBX-950.05K
2020 -3.63% 0.00% -0.03x 1.00x GBX-14.51 Million
2021 10.56% 94.18% 0.11x 1.00x GBX742.40K
2022 12.02% 93.91% 0.13x 1.01x GBX4.05 Million
2023 -4.28% 0.00% -0.04x 1.01x GBX-30.87 Million
2024 -4.67% 0.00% -0.04x 1.02x GBX-32.88 Million
2025 0.18% 24.10% 0.01x 1.04x GBX-24.72 Million

Industry Comparison

This section compares Pembroke VCT 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
Pembroke VCT PLC (PEMB) GBX255.95 Million 2.58% 0.01x $107.75
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