Polar Capital Holdings plc (POLR) - Net Assets
Based on the latest financial reports, Polar Capital Holdings plc (POLR) has net assets worth GBX150.80 Million GBX (≈ $18.35K USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX248.10 Million ≈ $30.19K USD) and total liabilities (GBX97.30 Million ≈ $11.84K 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 strategic asset allocation of Polar Capital Holdings plc to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | GBX150.80 Million |
| % of Total Assets | 60.78% |
| Annual Growth Rate | 16.09% |
| 5-Year Change | -3.49% |
| 10-Year Change | 113.17% |
| Growth Volatility | 31.98 |
Polar Capital Holdings plc - Net Assets Trend (2004–2026)
This chart illustrates how Polar Capital Holdings plc's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see market value of Polar Capital Holdings plc.
Annual Net Assets for Polar Capital Holdings plc (2004–2026)
The table below shows the annual net assets of Polar Capital Holdings plc from 2004 to 2026. Also explore POLR net asset momentum to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2026-03-31 | GBX150.80 Million ≈ $18.35K |
+12.17% |
| 2025-03-31 | GBX134.44 Million ≈ $16.36K |
-1.07% |
| 2024-03-31 | GBX135.90 Million ≈ $16.53K |
-4.87% |
| 2023-03-31 | GBX142.85 Million ≈ $17.38K |
-8.57% |
| 2022-03-31 | GBX156.25 Million ≈ $19.01K |
+3.17% |
| 2021-03-31 | GBX151.44 Million ≈ $18.43K |
+30.46% |
| 2020-03-31 | GBX116.08 Million ≈ $14.12K |
+5.83% |
| 2019-03-31 | GBX109.68 Million ≈ $13.35K |
+25.11% |
| 2018-03-31 | GBX87.67 Million ≈ $10.67K |
+23.93% |
| 2017-03-31 | GBX70.74 Million ≈ $8.61K |
-6.55% |
| 2016-03-31 | GBX75.70 Million ≈ $9.21K |
+0.62% |
| 2015-03-31 | GBX75.23 Million ≈ $9.15K |
+1.13% |
| 2014-03-31 | GBX74.39 Million ≈ $9.05K |
+38.37% |
| 2013-03-31 | GBX53.76 Million ≈ $6.54K |
+15.38% |
| 2012-03-31 | GBX46.60 Million ≈ $5.67K |
+7.49% |
| 2011-03-31 | GBX43.35 Million ≈ $5.27K |
+19.98% |
| 2010-03-31 | GBX36.13 Million ≈ $4.40K |
-8.80% |
| 2009-03-31 | GBX39.62 Million ≈ $4.82K |
+4.64% |
| 2008-03-31 | GBX37.86 Million ≈ $4.61K |
+16.06% |
| 2007-03-31 | GBX32.62 Million ≈ $3.97K |
+122.37% |
| 2006-03-31 | GBX14.67 Million ≈ $1.78K |
+99.56% |
| 2005-03-31 | GBX7.35 Million ≈ $894.40 |
+29.88% |
| 2004-03-31 | GBX5.66 Million ≈ $688.66 |
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Equity Component Analysis
This analysis shows how different components contribute to Polar Capital Holdings 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 3252.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2026)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | GBX142.06 Million | 94.21% |
| Common Stock | GBX2.51 Million | 1.67% |
| Other Comprehensive Income | GBX720.00K | 0.48% |
| Other Components | GBX5.50 Million | 3.65% |
| Total Equity | GBX150.80 Million | 100.00% |
Polar Capital Holdings plc Competitors by Market Cap
The table below lists competitors of Polar Capital Holdings plc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Biovie Inc
NASDAQ:BIVI
|
$9.58 Million |
|
Entero Therapeutics, Inc.
NASDAQ:ENTO
|
$9.58 Million |
|
CytoMed Therapeutics Limited Ordinary Shares
NASDAQ:GDTC
|
$9.58 Million |
|
CoinSmart Financial Inc
NEO:SMRT
|
$9.59 Million |
|
Akkhie Prakarn Public Company Limited
BK:AKP
|
$9.57 Million |
|
Prismaflex Intl
PA:ALPRI
|
$9.56 Million |
|
EBANG INTL HLDGS (NEW) A
F:7EBA
|
$9.56 Million |
|
Yummy Town Cayman Holdings
TWO:2726
|
$9.56 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Polar Capital Holdings plc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2025 to 2026, total equity changed from 134,443,000 to 150,799,000, a change of 16,356,000 (12.2%).
- Net income of 58,682,000 contributed positively to equity growth.
- Dividend payments of 44,524,000 reduced retained earnings.
- Share repurchases of 12,347,000 reduced equity.
- Other comprehensive income increased equity by 25,000.
- Other factors increased equity by 14,520,000.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | GBX58.68 Million | +38.91% |
| Dividends Paid | GBX44.52 Million | -29.53% |
| Share Repurchases | GBX12.35 Million | -8.19% |
| Other Comprehensive Income | GBX25.00K | +0.02% |
| Other Changes | GBX14.52 Million | +9.63% |
| Total Change | GBX- | 12.17% |
Book Value vs Market Value Analysis
This analysis compares Polar Capital Holdings 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: 549.13x
- 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 9386.09x to 549.13x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2004-03-31 | GBX0.09 | GBX835.00 | x |
| 2005-03-31 | GBX0.12 | GBX835.00 | x |
| 2006-03-31 | GBX0.23 | GBX835.00 | x |
| 2007-03-31 | GBX0.54 | GBX835.00 | x |
| 2008-03-31 | GBX0.51 | GBX835.00 | x |
| 2009-03-31 | GBX0.54 | GBX835.00 | x |
| 2010-03-31 | GBX0.50 | GBX835.00 | x |
| 2011-03-31 | GBX0.56 | GBX835.00 | x |
| 2012-03-31 | GBX0.54 | GBX835.00 | x |
| 2013-03-31 | GBX0.61 | GBX835.00 | x |
| 2014-03-31 | GBX0.81 | GBX835.00 | x |
| 2015-03-31 | GBX0.80 | GBX835.00 | x |
| 2016-03-31 | GBX0.81 | GBX835.00 | x |
| 2017-03-31 | GBX0.75 | GBX835.00 | x |
| 2018-03-31 | GBX0.93 | GBX835.00 | x |
| 2019-03-31 | GBX1.12 | GBX835.00 | x |
| 2020-03-31 | GBX1.19 | GBX835.00 | x |
| 2021-03-31 | GBX1.55 | GBX835.00 | x |
| 2022-03-31 | GBX1.55 | GBX835.00 | x |
| 2023-03-31 | GBX1.45 | GBX835.00 | x |
| 2024-03-31 | GBX1.39 | GBX835.00 | x |
| 2025-03-31 | GBX1.37 | GBX835.00 | x |
| 2026-03-31 | GBX1.52 | GBX835.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Polar Capital Holdings 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): 38.91%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 22.19%
- • Asset Turnover: 1.07x
- • Equity Multiplier: 1.65x
- Recent ROE (38.91%) is above the historical average (30.87%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | 59.77% | 17.08% | 2.17x | 1.61x | GBX2.81 Million |
| 2005 | 44.32% | 17.35% | 1.71x | 1.49x | GBX2.52 Million |
| 2006 | 52.85% | 18.85% | 1.59x | 1.76x | GBX6.26 Million |
| 2007 | 23.46% | 18.55% | 1.01x | 1.26x | GBX4.39 Million |
| 2008 | 25.45% | 20.20% | 0.90x | 1.40x | GBX5.85 Million |
| 2009 | 21.13% | 16.40% | 0.99x | 1.30x | GBX4.41 Million |
| 2010 | 5.98% | 9.95% | 0.50x | 1.21x | GBX-1.45 Million |
| 2011 | 14.61% | 16.21% | 0.71x | 1.26x | GBX2.00 Million |
| 2012 | 15.13% | 17.65% | 0.71x | 1.21x | GBX2.39 Million |
| 2013 | 21.65% | 22.52% | 0.70x | 1.37x | GBX6.26 Million |
| 2014 | 33.75% | 26.82% | 0.86x | 1.47x | GBX17.62 Million |
| 2015 | 31.74% | 24.07% | 0.91x | 1.46x | GBX16.35 Million |
| 2016 | 24.86% | 22.05% | 0.80x | 1.41x | GBX11.25 Million |
| 2017 | 22.68% | 20.64% | 0.79x | 1.39x | GBX8.97 Million |
| 2018 | 37.41% | 23.91% | 1.06x | 1.47x | GBX24.03 Million |
| 2019 | 47.76% | 29.26% | 1.07x | 1.53x | GBX41.42 Million |
| 2020 | 34.62% | 26.61% | 0.87x | 1.49x | GBX28.58 Million |
| 2021 | 41.41% | 28.71% | 0.85x | 1.69x | GBX47.57 Million |
| 2022 | 31.31% | 22.30% | 0.88x | 1.60x | GBX33.30 Million |
| 2023 | 24.93% | 19.24% | 0.77x | 1.69x | GBX21.33 Million |
| 2024 | 30.02% | 20.68% | 0.91x | 1.60x | GBX27.20 Million |
| 2025 | 26.26% | 15.90% | 1.01x | 1.64x | GBX21.87 Million |
| 2026 | 38.91% | 22.19% | 1.07x | 1.65x | GBX43.60 Million |
Industry Comparison
This section compares Polar Capital Holdings plc's net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $971,344,300
- Average return on equity (ROE) among peers: 2.31%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Polar Capital Holdings plc (POLR) | GBX150.80 Million | 59.77% | 0.65x | $9.58 Million |
| 3I Infrastructure PLC (3IN) | $1.25 Billion | 6.43% | 0.14x | $44.16 Million |
| Albion Enterprise VCT PLC (AAEV) | $278.53 Million | 5.11% | 0.01x | $3.20 Million |
| abrdn Asian Income Fund Limited (AAIF) | $329.43 Million | -11.14% | 0.12x | $5.50 Million |
| Abrdn Asia Focus PLC (AAS) | $46.34 Million | 0.00% | 0.14x | $7.56 Million |
| Albion Technology & General VCT PLC (AATG) | $78.03 Million | -0.40% | 0.01x | $3.15 Million |
| Abrdn PLC (ABDN) | $6.67 Billion | 3.99% | 0.71x | $52.13 Million |
| Aberdeen Diversified Income and Growth Trust PLC (ADIG) | $413.68 Million | 2.10% | 0.15x | $450.86K |
| Aquila Energy Efficiency Trust PLC (AEET) | $95.23 Million | 0.14% | 0.02x | $247.72K |
| Aquila European Renewables Income PLC (AERI) | $316.90 Million | -0.37% | 0.13x | $64.28 Million |
| Artemis UK Future Leaders plc (AFL) | $241.60 Million | 17.22% | 0.01x | $439.05 |
About Polar Capital Holdings plc
Polar Capital Holdings plc is a publicly owned investment manager. The firm provides its services to professional and institutional investors. It launches and manages equity and balanced mutual funds. The firm also launches and manages hedge funds for its clients. The firm invests in public equity markets across the globe. The firm typically invests in companies in technology, healthcare and fina… Read more