Primorus Investments plc
Primorus Investments plc is a private equity firm that specializes in small to mid-cap firms at any stage. The firm focuses prefers to investing in natural resources, energy, clean technology, financial technology, business technology, infrastructure, property, consultancy, brand licensing, and leisure sectors. The firm seeks to take minority stakes in its portfolio companies. The Company will se… Read more
Primorus Investments plc (PRIM) - Net Assets
Latest net assets as of June 2025: GBX5.18 Million GBX
Based on the latest financial reports, Primorus Investments plc (PRIM) has net assets worth GBX5.18 Million GBX as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX5.31 Million) and total liabilities (GBX124.00K). 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 | GBX5.18 Million |
| % of Total Assets | 97.66% |
| Annual Growth Rate | 3.13% |
| 5-Year Change | -34.12% |
| 10-Year Change | 162.26% |
| Growth Volatility | 108.94 |
Primorus Investments plc - Net Assets Trend (1999–2024)
This chart illustrates how Primorus Investments 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 Primorus Investments plc (1999–2024)
The table below shows the annual net assets of Primorus Investments plc from 1999 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | GBX5.79 Million | +11.37% |
| 2023-12-31 | GBX5.20 Million | -31.13% |
| 2022-12-31 | GBX7.55 Million | -15.65% |
| 2021-12-31 | GBX8.95 Million | +1.82% |
| 2020-12-31 | GBX8.79 Million | +84.70% |
| 2019-12-31 | GBX4.76 Million | -9.51% |
| 2018-12-31 | GBX5.26 Million | +6.20% |
| 2017-12-31 | GBX4.95 Million | +112.72% |
| 2016-12-31 | GBX2.33 Million | +5.44% |
| 2015-12-31 | GBX2.21 Million | -11.76% |
| 2014-12-31 | GBX2.50 Million | -16.44% |
| 2013-12-31 | GBX2.99 Million | +261.04% |
| 2012-12-31 | GBX829.00K | +51.00% |
| 2011-12-31 | GBX549.00K | +281.25% |
| 2010-12-31 | GBX144.00K | -90.15% |
| 2009-12-31 | GBX1.46 Million | -49.09% |
| 2008-12-31 | GBX2.87 Million | -61.40% |
| 2007-12-31 | GBX7.44 Million | -64.19% |
| 2006-12-31 | GBX20.78 Million | +4.98% |
| 2005-12-31 | GBX19.79 Million | -47.08% |
| 2004-12-31 | GBX37.40 Million | -5.29% |
| 2003-12-31 | GBX39.48 Million | -3.95% |
| 2002-12-31 | GBX41.11 Million | +46.20% |
| 2001-12-31 | GBX28.12 Million | +135.96% |
| 2000-12-31 | GBX11.92 Million | +345.29% |
| 1999-12-31 | GBX2.68 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Primorus Investments 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 3258.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | GBX5.51 Million | 95.16% |
| Common Stock | GBX280.00K | 4.84% |
| Total Equity | GBX5.79 Million | 100.00% |
Primorus Investments plc Competitors by Market Cap
The table below lists competitors of Primorus Investments plc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Digitize for Investment And Technology
EGX:DGTZ
|
$548.91 |
|
Polar Capital Technology Trust
LSE:PCT
|
$549.07 |
|
Luminar Technologies Inc. Class A
NASDAQ:LAZRQ
|
$550.30 |
|
Power Cement Ltd
KAR:POWER
|
$551.27 |
|
GIYANI GOLD
MU:KT9
|
$548.16 |
|
Token Communities Ltd
PINK:TKCM
|
$547.31 |
|
Zytronic
LSE:ZYT
|
$546.48 |
|
ECHQF
PINK:ECHQF
|
$546.18 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Primorus Investments plc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 5,197,000 to 5,788,000, a change of 591,000 (11.4%).
- Net income of 2,689,000 contributed positively to equity growth.
- Dividend payments of 2,098,000 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | GBX2.69 Million | +46.46% |
| Dividends Paid | GBX2.10 Million | -36.25% |
| Total Change | GBX- | 11.37% |
Book Value vs Market Value Analysis
This analysis compares Primorus Investments 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: 86.97x
- 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 1.04x to 86.97x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1999-12-31 | GBX3.45 | GBX3.60 | x |
| 2000-12-31 | GBX15.67 | GBX3.60 | x |
| 2001-12-31 | GBX26.65 | GBX3.60 | x |
| 2002-12-31 | GBX32.22 | GBX3.60 | x |
| 2003-12-31 | GBX30.40 | GBX3.60 | x |
| 2004-12-31 | GBX25.07 | GBX3.60 | x |
| 2005-12-31 | GBX13.57 | GBX3.60 | x |
| 2006-12-31 | GBX13.81 | GBX3.60 | x |
| 2007-12-31 | GBX5.47 | GBX3.60 | x |
| 2008-12-31 | GBX1.98 | GBX3.60 | x |
| 2009-12-31 | GBX1.01 | GBX3.60 | x |
| 2010-12-31 | GBX0.10 | GBX3.60 | x |
| 2011-12-31 | GBX0.33 | GBX3.60 | x |
| 2012-12-31 | GBX0.19 | GBX3.60 | x |
| 2013-12-31 | GBX0.33 | GBX3.60 | x |
| 2014-12-31 | GBX0.07 | GBX3.60 | x |
| 2015-12-31 | GBX0.06 | GBX3.60 | x |
| 2016-12-31 | GBX0.04 | GBX3.60 | x |
| 2017-12-31 | GBX0.06 | GBX3.60 | x |
| 2018-12-31 | GBX0.04 | GBX3.60 | x |
| 2019-12-31 | GBX0.03 | GBX3.60 | x |
| 2020-12-31 | GBX0.06 | GBX3.60 | x |
| 2021-12-31 | GBX0.06 | GBX3.60 | x |
| 2022-12-31 | GBX0.05 | GBX3.60 | x |
| 2023-12-31 | GBX0.04 | GBX3.60 | x |
| 2024-12-31 | GBX0.04 | GBX3.60 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Primorus Investments 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): 46.46%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 82.56%
- • Asset Turnover: 0.55x
- • Equity Multiplier: 1.02x
- Recent ROE (46.46%) is above the historical average (-66.71%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1999 | 6.30% | 2.41% | 0.59x | 4.43x | GBX-96.50K |
| 2000 | 2.06% | 1.85% | 0.80x | 1.39x | GBX-940.20K |
| 2001 | 5.40% | 6.60% | 0.51x | 1.62x | GBX-1.29 Million |
| 2002 | -1.06% | -0.90% | 0.71x | 1.65x | GBX-4.57 Million |
| 2003 | -11.28% | -6.14% | 1.12x | 1.64x | GBX-8.44 Million |
| 2004 | -7.86% | -3.78% | 1.42x | 1.47x | GBX-6.68 Million |
| 2005 | -88.59% | -32.03% | 1.96x | 1.41x | GBX-19.39 Million |
| 2006 | 3.58% | 2.66% | 0.92x | 1.47x | GBX-1.30 Million |
| 2007 | -158.01% | -216.68% | 0.32x | 2.29x | GBX-13.32 Million |
| 2008 | -176.60% | -139.61% | 0.75x | 1.69x | GBX-5.36 Million |
| 2009 | -95.83% | -1708.54% | 0.04x | 1.26x | GBX-1.55 Million |
| 2010 | -1020.14% | -453.40% | 0.42x | 5.39x | GBX-1.48 Million |
| 2011 | -99.64% | -959.65% | 0.06x | 1.78x | GBX-601.90K |
| 2012 | -11.46% | 0.00% | 0.00x | 1.11x | GBX-177.90K |
| 2013 | -15.97% | -15933.33% | 0.00x | 1.03x | GBX-777.30K |
| 2014 | -22.39% | -18666.67% | 0.00x | 1.03x | GBX-810.10K |
| 2015 | -15.77% | 0.00% | -0.04x | 1.02x | GBX-568.70K |
| 2016 | -29.82% | 0.00% | -0.09x | 1.02x | GBX-926.70K |
| 2017 | -19.13% | 0.00% | -0.04x | 1.02x | GBX-1.44 Million |
| 2018 | -0.08% | -0.49% | 0.15x | 1.02x | GBX-519.80K |
| 2019 | -8.43% | -211.05% | 0.04x | 1.02x | GBX-876.70K |
| 2020 | 47.45% | 81.89% | 0.54x | 1.07x | GBX3.29 Million |
| 2021 | 1.22% | 28.91% | 0.04x | 1.01x | GBX-781.90K |
| 2022 | -19.67% | 0.00% | -0.15x | 1.01x | GBX-2.24 Million |
| 2023 | -45.20% | 0.00% | -0.37x | 1.03x | GBX-2.87 Million |
| 2024 | 46.46% | 82.56% | 0.55x | 1.02x | GBX2.11 Million |
Industry Comparison
This section compares Primorus Investments 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 |
|---|---|---|---|---|
| Primorus Investments plc (PRIM) | GBX5.18 Million | 6.30% | 0.02x | $548.61 |
| 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 |