Panther Securities P L C (PNS) - Net Assets
Based on the latest financial reports, Panther Securities P L C (PNS) has net assets worth GBX116.56 Million GBX (≈ $14.18K USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX196.37 Million ≈ $23.89K USD) and total liabilities (GBX79.81 Million ≈ $9.71K 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 Panther Securities P L C tangible equity quality to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | GBX116.56 Million |
| % of Total Assets | 59.36% |
| Annual Growth Rate | 8.94% |
| 5-Year Change | 19.2% |
| 10-Year Change | 61.05% |
| Growth Volatility | 19.08 |
Panther Securities P L C - Net Assets Trend (1986–2025)
This chart illustrates how Panther Securities P L C's net assets have evolved over time, based on quarterly financial data. See Panther Securities P L C (PNS) liquidity interval to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Panther Securities P L C (1986–2025)
The table below shows the annual net assets of Panther Securities P L C from 1986 to 2025. For live valuation and market cap data, see market value of Panther Securities P L C.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | GBX116.56 Million ≈ $14.18K |
+0.35% |
| 2024-12-31 | GBX116.16 Million ≈ $14.13K |
+3.83% |
| 2023-12-31 | GBX111.87 Million ≈ $13.61K |
+0.58% |
| 2022-12-31 | GBX111.23 Million ≈ $13.53K |
+13.75% |
| 2021-12-31 | GBX97.78 Million ≈ $11.90K |
+13.38% |
| 2020-12-31 | GBX86.24 Million ≈ $10.49K |
+1.53% |
| 2019-12-31 | GBX84.95 Million ≈ $10.34K |
-9.66% |
| 2018-12-31 | GBX94.03 Million ≈ $11.44K |
+3.09% |
| 2017-12-31 | GBX91.21 Million ≈ $11.10K |
+26.03% |
| 2016-12-31 | GBX72.38 Million ≈ $8.81K |
-4.89% |
| 2015-12-31 | GBX76.10 Million ≈ $9.26K |
+6.35% |
| 2014-12-31 | GBX71.55 Million ≈ $8.71K |
+5.36% |
| 2013-12-31 | GBX67.92 Million ≈ $8.26K |
+9.45% |
| 2012-12-31 | GBX62.05 Million ≈ $7.55K |
-7.47% |
| 2011-12-31 | GBX67.07 Million ≈ $8.16K |
-5.96% |
| 2010-12-31 | GBX71.32 Million ≈ $8.68K |
+4.73% |
| 2009-12-31 | GBX68.10 Million ≈ $8.29K |
+3.33% |
| 2008-12-31 | GBX65.90 Million ≈ $8.02K |
-16.19% |
| 2007-12-31 | GBX78.64 Million ≈ $9.57K |
+7.19% |
| 2006-12-31 | GBX73.36 Million ≈ $8.93K |
+8.47% |
| 2005-12-31 | GBX67.63 Million ≈ $8.23K |
+35.36% |
| 2004-12-31 | GBX49.97 Million ≈ $6.08K |
-0.45% |
| 2003-12-31 | GBX50.19 Million ≈ $6.11K |
+30.35% |
| 2002-12-31 | GBX38.51 Million ≈ $4.69K |
+3.29% |
| 2001-12-31 | GBX37.28 Million ≈ $4.54K |
+15.12% |
| 2000-12-31 | GBX32.38 Million ≈ $3.94K |
-1.84% |
| 1999-12-31 | GBX32.99 Million ≈ $4.01K |
+15.22% |
| 1998-12-31 | GBX28.63 Million ≈ $3.48K |
+18.56% |
| 1997-12-31 | GBX24.15 Million ≈ $2.94K |
+8.61% |
| 1996-12-31 | GBX22.23 Million ≈ $2.71K |
+8.26% |
| 1995-12-31 | GBX20.54 Million ≈ $2.50K |
+1.75% |
| 1994-12-31 | GBX20.18 Million ≈ $2.46K |
+44.93% |
| 1993-12-31 | GBX13.93 Million ≈ $1.69K |
+16.14% |
| 1992-12-31 | GBX11.99 Million ≈ $1.46K |
-16.30% |
| 1991-12-31 | GBX14.33 Million ≈ $1.74K |
+34.52% |
| 1990-12-31 | GBX10.65 Million ≈ $1.30K |
-13.13% |
| 1989-12-31 | GBX12.26 Million ≈ $1.49K |
+4.13% |
| 1988-12-31 | GBX11.78 Million ≈ $1.43K |
+73.16% |
| 1987-12-31 | GBX6.80 Million ≈ $827.36 |
+64.29% |
| 1986-12-31 | GBX4.14 Million ≈ $503.60 |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Panther Securities P L C'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 10719300000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | GBX107.19 Million | 91.96% |
| Common Stock | GBX4.44 Million | 3.81% |
| Other Comprehensive Income | GBX572.00K | 0.49% |
| Other Components | GBX4.36 Million | 3.74% |
| Total Equity | GBX116.56 Million | 100.00% |
Panther Securities P L C Competitors by Market Cap
The table below lists competitors of Panther Securities P L C ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Waseco Resources Inc.
V:WRI
|
$603.03K |
|
Starwood European Real Estate Finance Ltd
LSE:SWEF
|
$603.58K |
|
Triad Group PLC
LSE:TRD
|
$604.39K |
|
LeoNovus Inc
V:LTV
|
$604.78K |
|
Sozap Publ AB
ST:SOZAP
|
$598.30K |
|
Setubandhan Infrastructure Limited
NSE:SETUINFRA
|
$598.03K |
|
Gulf Resources Inc
F:R29B
|
$597.98K |
|
Gyldendal A/S
CO:GYLD-B
|
$596.88K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Panther Securities P L C's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 116,160,000 to 116,561,000, a change of 401,000 (0.3%).
- Net income of 4,253,000 contributed positively to equity growth.
- Dividend payments of 3,819,000 reduced retained earnings.
- Share repurchases of 44,000 reduced equity.
- Other comprehensive income increased equity by 572,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | GBX4.25 Million | +3.65% |
| Dividends Paid | GBX3.82 Million | -3.28% |
| Share Repurchases | GBX44.00K | -0.04% |
| Other Comprehensive Income | GBX572.00K | +0.49% |
| Other Changes | GBX-561.00K | -0.48% |
| Total Change | GBX- | 0.35% |
Book Value vs Market Value Analysis
This analysis compares Panther Securities P L C'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: 42.45x
- 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 1607.59x to 42.45x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1985-12-31 | GBX0.18 | GBX285.00 | x |
| 1986-12-31 | GBX0.28 | GBX285.00 | x |
| 1987-12-31 | GBX0.47 | GBX285.00 | x |
| 1988-12-31 | GBX0.81 | GBX285.00 | x |
| 1989-12-31 | GBX0.85 | GBX285.00 | x |
| 1990-12-31 | GBX0.73 | GBX285.00 | x |
| 1991-12-31 | GBX0.99 | GBX285.00 | x |
| 1992-12-31 | GBX0.83 | GBX285.00 | x |
| 1993-12-31 | GBX0.96 | GBX285.00 | x |
| 1994-12-31 | GBX1.04 | GBX285.00 | x |
| 1995-12-31 | GBX0.84 | GBX285.00 | x |
| 1996-12-31 | GBX0.99 | GBX285.00 | x |
| 1997-12-31 | GBX1.10 | GBX285.00 | x |
| 1998-12-31 | GBX1.31 | GBX285.00 | x |
| 1999-12-31 | GBX1.51 | GBX285.00 | x |
| 2000-12-31 | GBX1.84 | GBX285.00 | x |
| 2001-12-31 | GBX2.19 | GBX285.00 | x |
| 2002-12-31 | GBX2.26 | GBX285.00 | x |
| 2003-12-31 | GBX2.96 | GBX285.00 | x |
| 2004-12-31 | GBX2.93 | GBX285.00 | x |
| 2005-12-31 | GBX3.98 | GBX285.00 | x |
| 2006-12-31 | GBX4.31 | GBX285.00 | x |
| 2007-12-31 | GBX4.64 | GBX285.00 | x |
| 2008-12-31 | GBX3.90 | GBX285.00 | x |
| 2009-12-31 | GBX4.03 | GBX285.00 | x |
| 2010-12-31 | GBX4.22 | GBX285.00 | x |
| 2011-12-31 | GBX3.97 | GBX285.00 | x |
| 2012-12-31 | GBX3.67 | GBX285.00 | x |
| 2013-12-31 | GBX3.99 | GBX285.00 | x |
| 2014-12-31 | GBX4.12 | GBX285.00 | x |
| 2015-12-31 | GBX4.31 | GBX285.00 | x |
| 2016-12-31 | GBX4.07 | GBX285.00 | x |
| 2017-12-31 | GBX5.15 | GBX285.00 | x |
| 2018-12-31 | GBX5.32 | GBX285.00 | x |
| 2019-12-31 | GBX4.80 | GBX285.00 | x |
| 2020-12-31 | GBX4.88 | GBX285.00 | x |
| 2021-12-31 | GBX5.53 | GBX285.00 | x |
| 2022-12-31 | GBX6.33 | GBX285.00 | x |
| 2023-12-31 | GBX6.40 | GBX285.00 | x |
| 2024-12-31 | GBX6.67 | GBX285.00 | x |
| 2025-12-31 | GBX6.71 | GBX285.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Panther Securities P L C 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): 3.65%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 28.16%
- • Asset Turnover: 0.08x
- • Equity Multiplier: 1.68x
- Recent ROE (3.65%) is below the historical average (6.53%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1986 | 2.23% | 6.89% | 0.17x | 1.92x | GBX-317.90K |
| 1987 | 21.16% | 62.44% | 0.17x | 2.01x | GBX753.00K |
| 1988 | 5.20% | 16.97% | 0.19x | 1.58x | GBX-562.50K |
| 1989 | 3.50% | 20.56% | 0.11x | 1.51x | GBX-794.10K |
| 1990 | 15.14% | 25.22% | 0.42x | 1.45x | GBX544.90K |
| 1991 | 2.96% | 18.79% | 0.07x | 2.27x | GBX-1.00 Million |
| 1992 | -1.59% | -6.53% | 0.10x | 2.46x | GBX-1.38 Million |
| 1993 | 3.88% | 17.80% | 0.09x | 2.56x | GBX-849.70K |
| 1994 | 6.30% | 19.20% | 0.15x | 2.12x | GBX-687.90K |
| 1995 | 5.13% | 24.88% | 0.09x | 2.42x | GBX-917.60K |
| 1996 | 7.09% | 22.58% | 0.15x | 2.16x | GBX-633.60K |
| 1997 | 6.89% | 25.49% | 0.13x | 2.01x | GBX-746.00K |
| 1998 | 6.00% | 31.03% | 0.11x | 1.81x | GBX-1.14 Million |
| 1999 | 4.70% | 26.34% | 0.09x | 2.01x | GBX-1.74 Million |
| 2000 | 5.48% | 27.20% | 0.10x | 2.03x | GBX-1.46 Million |
| 2001 | 7.30% | 34.24% | 0.10x | 2.09x | GBX-1.00 Million |
| 2002 | 5.21% | 24.20% | 0.08x | 2.59x | GBX-1.83 Million |
| 2003 | 5.07% | 25.96% | 0.09x | 2.23x | GBX-2.47 Million |
| 2004 | 12.21% | 66.21% | 0.08x | 2.43x | GBX1.10 Million |
| 2005 | 30.48% | 242.54% | 0.06x | 1.94x | GBX13.85 Million |
| 2006 | 10.08% | 75.98% | 0.08x | 1.74x | GBX60.10K |
| 2007 | 9.55% | 78.91% | 0.07x | 1.68x | GBX-351.80K |
| 2008 | -14.71% | -104.21% | 0.07x | 1.93x | GBX-16.27 Million |
| 2009 | 3.66% | 26.89% | 0.07x | 1.87x | GBX-4.31 Million |
| 2010 | 8.23% | 58.15% | 0.08x | 1.88x | GBX-1.26 Million |
| 2011 | -1.29% | -7.24% | 0.08x | 2.33x | GBX-7.56 Million |
| 2012 | -4.67% | -22.87% | 0.08x | 2.70x | GBX-9.10 Million |
| 2013 | 10.45% | 49.54% | 0.08x | 2.52x | GBX306.40K |
| 2014 | 6.51% | 37.16% | 0.07x | 2.62x | GBX-2.50 Million |
| 2015 | 8.97% | 47.19% | 0.08x | 2.46x | GBX-786.70K |
| 2016 | -1.34% | -6.61% | 0.08x | 2.61x | GBX-8.20 Million |
| 2017 | 23.29% | 164.08% | 0.06x | 2.32x | GBX12.12 Million |
| 2018 | 7.49% | 51.79% | 0.07x | 2.12x | GBX-2.36 Million |
| 2019 | -4.82% | -28.77% | 0.08x | 2.21x | GBX-12.59 Million |
| 2020 | 3.07% | 20.26% | 0.07x | 2.31x | GBX-5.98 Million |
| 2021 | 13.82% | 102.57% | 0.07x | 1.91x | GBX3.73 Million |
| 2022 | 15.27% | 126.65% | 0.07x | 1.71x | GBX5.86 Million |
| 2023 | 3.95% | 30.59% | 0.07x | 1.76x | GBX-6.76 Million |
| 2024 | 5.76% | 44.44% | 0.07x | 1.73x | GBX-4.93 Million |
| 2025 | 3.65% | 28.16% | 0.08x | 1.68x | GBX-7.40 Million |
Industry Comparison
This section compares Panther Securities P L C's net assets metrics with peer companies in the Real Estate Services industry.
Industry Context
- Industry: Real Estate Services
- Average net assets among peers: $184,919,889
- Average return on equity (ROE) among peers: 9.08%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Panther Securities P L C (PNS) | GBX116.56 Million | 2.23% | 0.68x | $600.04K |
| Alina Holdings PLC (ALNA) | $3.37 Million | 105.02% | 43.56x | $28.58K |
| Cardiff Property PLC (CDFF) | $30.42 Million | 3.52% | 0.03x | $331.99K |
| Fletcher King Plc (FLK) | $2.42 Million | 12.29% | 0.67x | $52.39K |
| Foxtons Group Plc (FOXT) | $167.16 Million | 3.20% | 0.06x | $1.69 Million |
| First Property Group plc (FPO) | $1.14 Million | -33.98% | 2.94x | $238.34K |
| GRIT Real Estate Income Group (GR1T) | $357.31 Million | -23.65% | 1.95x | $388.80K |
| Grainger PLC (GRI) | $390.90 Million | 0.10% | 4.35x | $15.07 Million |
| Globalworth REIT (GWI) | $715.39 Million | 1.58% | 0.72x | $505.07 Million |
| Helical Bar Plc (HLCL) | $486.19 Million | 22.71% | 1.70x | $2.85 Million |
| IWG PLC (IWG) | $-305.11 Million | 0.00% | 0.00x | $21.65 Million |
About Panther Securities P L C
Panther Securities PLC is a property investment company quoted on the AIM market (AIM) since 2013. Prior to this the Company was fully listed and included in the FTSE fledgling index, first being fully listed as a public company in 1934. The Group currently owns and manages circa 900 individual property units within circa 120 separately designated buildings over the mainland United Kingdom. The G… Read more