Real Estate Investors PLC (RLE) - Net Assets
Based on the latest financial reports, Real Estate Investors PLC (RLE) has net assets worth GBX85.86 Million GBX (≈ $10.45K USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX124.50 Million ≈ $15.15K USD) and total liabilities (GBX38.64 Million ≈ $4.70K 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 RLE goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | GBX85.86 Million |
| % of Total Assets | 68.97% |
| Annual Growth Rate | 20.85% |
| 5-Year Change | -18.24% |
| 10-Year Change | -29.13% |
| Growth Volatility | 446.52 |
Real Estate Investors PLC - Net Assets Trend (2002–2025)
This chart illustrates how Real Estate Investors PLC's net assets have evolved over time, based on quarterly financial data. See how many days can Real Estate Investors PLC fund operations to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Real Estate Investors PLC (2002–2025)
The table below shows the annual net assets of Real Estate Investors PLC from 2002 to 2025. For live valuation and market cap data, see RLE market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | GBX85.86 Million ≈ $10.45K |
-4.06% |
| 2024-12-31 | GBX89.50 Million ≈ $10.89K |
-6.34% |
| 2023-12-31 | GBX95.56 Million ≈ $11.63K |
-12.30% |
| 2022-12-31 | GBX108.97 Million ≈ $13.26K |
+3.75% |
| 2021-12-31 | GBX105.02 Million ≈ $12.78K |
+7.52% |
| 2020-12-31 | GBX97.67 Million ≈ $11.88K |
-22.14% |
| 2019-12-31 | GBX125.44 Million ≈ $15.26K |
-2.51% |
| 2018-12-31 | GBX128.67 Million ≈ $15.66K |
+1.27% |
| 2017-12-31 | GBX127.05 Million ≈ $15.46K |
+4.86% |
| 2016-12-31 | GBX121.16 Million ≈ $14.74K |
+2.73% |
| 2015-12-31 | GBX117.94 Million ≈ $14.35K |
+82.67% |
| 2014-12-31 | GBX64.56 Million ≈ $7.86K |
+54.17% |
| 2013-12-31 | GBX41.88 Million ≈ $5.10K |
+7.40% |
| 2012-12-31 | GBX38.99 Million ≈ $4.74K |
+0.03% |
| 2011-12-31 | GBX38.98 Million ≈ $4.74K |
+20.81% |
| 2010-12-31 | GBX32.27 Million ≈ $3.93K |
+18.11% |
| 2009-12-31 | GBX27.32 Million ≈ $3.32K |
+12.90% |
| 2008-12-31 | GBX24.20 Million ≈ $2.94K |
-31.42% |
| 2007-12-31 | GBX35.29 Million ≈ $4.29K |
+3.61% |
| 2006-12-31 | GBX34.06 Million ≈ $4.14K |
+486.28% |
| 2005-12-31 | GBX5.81 Million ≈ $706.79 |
-56.01% |
| 2004-12-31 | GBX13.21 Million ≈ $1.61K |
+2200.52% |
| 2003-12-31 | GBX574.00K ≈ $69.84 |
-40.33% |
| 2002-12-31 | GBX962.00K ≈ $117.05 |
+0.63% |
| 2002-03-31 | GBX956.00K ≈ $116.32 |
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Equity Component Analysis
This analysis shows how different components contribute to Real Estate Investors 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 1433.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | GBX14.66 Million | 17.07% |
| Common Stock | GBX17.48 Million | 20.36% |
| Other Comprehensive Income | GBX1.46 Million | 1.70% |
| Other Components | GBX52.26 Million | 60.86% |
| Total Equity | GBX85.86 Million | 100.00% |
Real Estate Investors PLC Competitors by Market Cap
The table below lists competitors of Real Estate Investors PLC ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Lilium NV
NASDAQ:LILM
|
$671.84K |
|
Sunindo Adipersada Tbk Pt
JK:TOYS
|
$672.68K |
|
Windtree Therapeutics Inc
NASDAQ:WINT
|
$674.17K |
|
Else Nutrition Holdings Inc
TO:BABY
|
$676.57K |
|
Corero Network Security plc
LSE:CNS
|
$669.89K |
|
Alternative Income REIT PLC
LSE:AIRE
|
$667.99K |
|
IMAGE POWER S.A. ZY -10
F:7UQ
|
$665.70K |
|
Victoria PLC
LSE:VCP
|
$663.87K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Real Estate Investors PLC's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 89,499,000 to 85,864,000, a change of -3,635,000 (-4.1%).
- Net loss of 839,000 reduced equity.
- Dividend payments of 2,871,000 reduced retained earnings.
- Other comprehensive income decreased equity by 242,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | GBX-839.00K | -0.98% |
| Dividends Paid | GBX2.87 Million | -3.34% |
| Other Comprehensive Income | GBX-242.00K | -0.28% |
| Other Changes | GBX317.00K | +0.37% |
| Total Change | GBX- | -4.06% |
Book Value vs Market Value Analysis
This analysis compares Real Estate Investors 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: 64.02x
- 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 412.47x to 64.02x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2004-12-31 | GBX0.08 | GBX31.50 | x |
| 2005-12-31 | GBX0.03 | GBX31.50 | x |
| 2006-12-31 | GBX0.20 | GBX31.50 | x |
| 2007-12-31 | GBX0.20 | GBX31.50 | x |
| 2008-12-31 | GBX0.14 | GBX31.50 | x |
| 2009-12-31 | GBX0.16 | GBX31.50 | x |
| 2010-12-31 | GBX0.19 | GBX31.50 | x |
| 2011-12-31 | GBX0.23 | GBX31.50 | x |
| 2012-12-31 | GBX0.23 | GBX31.50 | x |
| 2013-12-31 | GBX0.24 | GBX31.50 | x |
| 2014-12-31 | GBX0.37 | GBX31.50 | x |
| 2015-12-31 | GBX0.68 | GBX31.50 | x |
| 2016-12-31 | GBX0.64 | GBX31.50 | x |
| 2017-12-31 | GBX0.67 | GBX31.50 | x |
| 2018-12-31 | GBX0.68 | GBX31.50 | x |
| 2019-12-31 | GBX0.66 | GBX31.50 | x |
| 2020-12-31 | GBX0.54 | GBX31.50 | x |
| 2021-12-31 | GBX0.58 | GBX31.50 | x |
| 2022-12-31 | GBX0.63 | GBX31.50 | x |
| 2023-12-31 | GBX0.55 | GBX31.50 | x |
| 2024-12-31 | GBX0.51 | GBX31.50 | x |
| 2025-12-31 | GBX0.49 | GBX31.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Real Estate Investors 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): -0.98%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -8.96%
- • Asset Turnover: 0.08x
- • Equity Multiplier: 1.45x
- Recent ROE (-0.98%) is below the historical average (-0.92%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | -0.51% | -31.31% | 0.01x | 1.27x | GBX-1.39 Million |
| 2005 | 0.24% | 1.19% | 0.05x | 3.73x | GBX-566.90K |
| 2006 | -0.98% | -23.44% | 0.03x | 1.53x | GBX-3.74 Million |
| 2007 | 3.48% | 38.89% | 0.06x | 1.48x | GBX-2.30 Million |
| 2008 | -45.82% | -368.83% | 0.05x | 2.69x | GBX-13.51 Million |
| 2009 | 11.42% | 96.21% | 0.05x | 2.60x | GBX389.00K |
| 2010 | -14.84% | -119.10% | 0.05x | 2.35x | GBX-8.01 Million |
| 2011 | -12.90% | -102.70% | 0.06x | 2.14x | GBX-8.93 Million |
| 2012 | 0.94% | 5.99% | 0.07x | 2.25x | GBX-3.53 Million |
| 2013 | 8.60% | 53.61% | 0.07x | 2.21x | GBX-586.80K |
| 2014 | 6.27% | 50.51% | 0.07x | 1.79x | GBX-2.41 Million |
| 2015 | 10.25% | 144.22% | 0.05x | 1.45x | GBX293.20K |
| 2016 | 6.67% | 60.08% | 0.06x | 1.79x | GBX-4.03 Million |
| 2017 | 8.76% | 74.83% | 0.07x | 1.74x | GBX-1.57 Million |
| 2018 | 6.44% | 52.99% | 0.07x | 1.85x | GBX-4.58 Million |
| 2019 | 2.92% | 22.07% | 0.07x | 1.93x | GBX-8.88 Million |
| 2020 | -21.13% | -125.67% | 0.08x | 2.15x | GBX-30.41 Million |
| 2021 | 13.26% | 87.18% | 0.08x | 1.95x | GBX3.42 Million |
| 2022 | 10.03% | 82.25% | 0.07x | 1.71x | GBX37.50K |
| 2023 | -9.84% | -81.71% | 0.07x | 1.63x | GBX-18.96 Million |
| 2024 | -2.63% | -21.88% | 0.08x | 1.50x | GBX-11.31 Million |
| 2025 | -0.98% | -8.96% | 0.08x | 1.45x | GBX-9.43 Million |
Industry Comparison
This section compares Real Estate Investors PLC's net assets metrics with peer companies in the REIT - Diversified industry.
Industry Context
- Industry: REIT - Diversified
- Average net assets among peers: $1,931,553,238
- Average return on equity (ROE) among peers: 8.51%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Real Estate Investors PLC (RLE) | GBX85.86 Million | -0.51% | 0.45x | $670.13K |
| AEW UK REIT Plc (AEWU) | $116.38 Million | 5.83% | 0.16x | $1.96 Million |
| Alternative Income REIT PLC (AIRE) | $76.42 Million | -1.17% | 0.42x | $667.99K |
| abrdn Property Income Trust Ltd. (API) | $369.39 Million | 8.38% | 0.39x | $85.81K |
| British Land Company PLC (BLND) | $8.56 Billion | 19.96% | 0.52x | $48.74 Million |
| Custodian REIT PLC (CREI) | $423.47 Million | 9.01% | 0.45x | $5.22 Million |
| Ground Rents Income Fund PLC (GRIO) | $88.43 Million | 5.30% | 0.00x | $194.97K |
| Land Securities Group PLC (LAND) | $7.16 Billion | 7.31% | 0.51x | $56.24 Million |
| Palace Capital PLC (PCA) | $80.02 Million | 17.52% | 0.50x | $391.97K |
| Picton Property Income Ltd (PCTN) | $509.28 Million | 4.42% | 0.37x | $4.34 Million |
About Real Estate Investors PLC
Real Estate Investors Plc is a publicly quoted, internally managed property investment company and REIT with a portfolio of mixed-use commercial property. It is managed by a highly experienced property team with over 100 years of combined experience of operating in the Midlands property market across all sectors. The portfolio has no material reliance on a single asset or occupier. On 1st January… Read more