Residential Secure Income plc (RESI) - Net Assets
Based on the latest financial reports, Residential Secure Income plc (RESI) has net assets worth GBX131.49 Million GBX (≈ $16.00K USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX330.47 Million ≈ $40.21K USD) and total liabilities (GBX198.99 Million ≈ $24.21K 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 asset allocation strategy of Residential Secure Income plc to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | GBX131.49 Million |
| % of Total Assets | 39.79% |
| Annual Growth Rate | 187.57% |
| 5-Year Change | -26.4% |
| 10-Year Change | N/A |
| Growth Volatility | 275966.71 |
Residential Secure Income plc - Net Assets Trend (2017–2025)
This chart illustrates how Residential Secure Income plc's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see RESI market cap.
Annual Net Assets for Residential Secure Income plc (2017–2025)
The table below shows the annual net assets of Residential Secure Income plc from 2017 to 2025. Also explore Residential Secure Income plc annual equity growth to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-09-30 | GBX134.24 Million ≈ $16.33K |
-11.10% |
| 2024-09-30 | GBX151.00 Million ≈ $18.37K |
-10.48% |
| 2023-09-30 | GBX168.68 Million ≈ $20.52K |
-16.24% |
| 2022-09-30 | GBX201.39 Million ≈ $24.50K |
+10.41% |
| 2021-09-30 | GBX182.39 Million ≈ $22.19K |
+1.55% |
| 2020-09-30 | GBX179.61 Million ≈ $21.85K |
-3.29% |
| 2019-09-30 | GBX185.71 Million ≈ $22.60K |
+1.15% |
| 2018-09-30 | GBX183.60 Million ≈ $22.34K |
+834440.91% |
| 2017-06-30 | GBX22.00K ≈ $2.68 |
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Equity Component Analysis
This analysis shows how different components contribute to Residential Secure Income 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 12602400000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (September 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | GBX126.00 Million | 93.86% |
| Common Stock | GBX1.94 Million | 1.45% |
| Other Components | GBX6.30 Million | 4.69% |
| Total Equity | GBX134.24 Million | 100.00% |
Residential Secure Income plc Competitors by Market Cap
The table below lists competitors of Residential Secure Income plc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Caffyns PLC
LSE:CFYN
|
$165.89K |
|
Ebiquity Plc
LSE:EBQ
|
$166.95K |
|
Power Metal Resources plc
LSE:POW
|
$169.42K |
|
HAVN LIFE SCIENCES INC.
F:5NP0
|
$172.31K |
|
Kingswood Holdings Ltd
LSE:KWG
|
$164.47K |
|
LEPU MED.T.B. SP.GDR O.N.
F:07Z0
|
$163.76K |
|
International Iconic Gold Exploration Corp
V:ICON
|
$163.66K |
|
MYCELX Technologies Corporation
LSE:MYX
|
$163.04K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Residential Secure Income plc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 151,001,000 to 134,239,000, a change of -16,762,000 (-11.1%).
- Net loss of 9,131,000 reduced equity.
- Dividend payments of 7,626,000 reduced retained earnings.
- Share repurchases of 308,000 reduced equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | GBX-9.13 Million | -6.8% |
| Dividends Paid | GBX7.63 Million | -5.68% |
| Share Repurchases | GBX308.00K | -0.23% |
| Other Changes | GBX303.00K | +0.23% |
| Total Change | GBX- | -11.10% |
Book Value vs Market Value Analysis
This analysis compares Residential Secure Income 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: 10.12x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-06-30 | GBX0.00 | GBX7.34 | x |
| 2018-09-30 | GBX1.03 | GBX7.34 | x |
| 2019-09-30 | GBX1.08 | GBX7.34 | x |
| 2020-09-30 | GBX1.05 | GBX7.34 | x |
| 2021-09-30 | GBX1.07 | GBX7.34 | x |
| 2022-09-30 | GBX1.12 | GBX7.34 | x |
| 2023-09-30 | GBX0.91 | GBX7.34 | x |
| 2024-09-30 | GBX0.82 | GBX7.34 | x |
| 2025-09-30 | GBX0.72 | GBX7.34 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Residential Secure Income 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): -6.80%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -30.59%
- • Asset Turnover: 0.09x
- • Equity Multiplier: 2.49x
- Recent ROE (-6.80%) is below the historical average (0.36%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | 8.78% | 154.65% | 0.04x | 1.46x | GBX-2.25 Million |
| 2019 | 7.13% | 90.30% | 0.04x | 1.77x | GBX-5.34 Million |
| 2020 | 1.36% | 39.12% | 0.02x | 1.98x | GBX-15.51 Million |
| 2021 | 6.15% | 82.95% | 0.03x | 2.14x | GBX-7.02 Million |
| 2022 | 6.62% | 86.50% | 0.04x | 2.12x | GBX-6.80 Million |
| 2023 | -13.73% | 0.00% | -0.05x | 2.31x | GBX-40.02 Million |
| 2024 | -6.65% | -32.98% | 0.08x | 2.45x | GBX-25.15 Million |
| 2025 | -6.80% | -30.59% | 0.09x | 2.49x | GBX-22.55 Million |
Industry Comparison
This section compares Residential Secure Income plc's net assets metrics with peer companies in the REIT - Residential industry.
Industry Context
- Industry: REIT - Residential
- Average net assets among peers: $344,433,040
- Average return on equity (ROE) among peers: -4.47%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Residential Secure Income plc (RESI) | GBX131.49 Million | 8.78% | 1.51x | $165.36K |
| Empiric Student Property Plc (ESP) | $528.11 Million | 5.32% | 0.33x | $6.46 Million |
| KCR Residential Reit PLC (KCR) | $4.52 Million | -27.08% | 0.85x | $42.33K |
| PRS Reit PLC (PRSR) | $474.32 Million | 3.07% | 0.26x | $7.55 Million |
| Social Housing REIT plc (SOHO) | $370.78 Million | 0.81% | 0.72x | $3.60 Million |
About Residential Secure Income plc
Residential Secure Income plc is a real estate investment trust (REIT) focused on delivering secure, inflation-linked returns. With a focus on two residential sub-sectors in UK residential - independent retirement rentals and shared ownership - underpinned by an ageing demographic and untapped and strong demand for affordable home ownership. ReSI plc's purpose is to deliver affordable, high-quali… Read more