Schroder European Reit Plc

LSE:SERE UK REIT - Diversified
Market Cap
$991.29K
GBX8.15 Billion GBX
Market Cap Rank
#44995 Global
#836 in UK
Share Price
GBX62.00
Change (1 day)
+0.32%
52-Week Range
GBX60.60 - GBX70.60
All Time High
GBX90.19
About

SEREIT invests in European growth cities and regions. It is a UK closed ended real estate investment company incorporated on 9 January 2015. Since 9 December 2015, the Company has been listed on the Main Market of the London Stock Exchange (ticker: SERE). It also has a secondary listing on the Main Board of the Johannesburg Stock Exchange (ticker: SCD).

Schroder European Reit Plc (SERE) - Net Assets

Latest net assets as of September 2025: GBX156.66 Million GBX

Based on the latest financial reports, Schroder European Reit Plc (SERE) has net assets worth GBX156.66 Million GBX as of September 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX231.76 Million) and total liabilities (GBX75.10 Million). 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 GBX156.66 Million
% of Total Assets 67.59%
Annual Growth Rate -0.55%
5-Year Change -21.49%
10-Year Change N/A
Growth Volatility 7.02

Schroder European Reit Plc - Net Assets Trend (2016–2025)

This chart illustrates how Schroder European Reit 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 Schroder European Reit Plc (2016–2025)

The table below shows the annual net assets of Schroder European Reit Plc from 2016 to 2025.

Year Net Assets Change
2025-09-30 GBX156.66 Million -4.54%
2024-09-30 GBX164.10 Million -4.28%
2023-09-30 GBX171.44 Million -8.93%
2022-09-30 GBX188.24 Million -5.66%
2021-09-30 GBX199.53 Million -1.14%
2020-09-30 GBX201.83 Million +10.84%
2019-09-30 GBX182.09 Million +0.01%
2018-09-30 GBX182.07 Million -2.12%
2017-09-30 GBX186.02 Million +13.04%
2016-09-30 GBX164.56 Million --

Equity Component Analysis

This analysis shows how different components contribute to Schroder European Reit 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 10098500000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (September 2025)

Component Amount Percentage
Retained Earnings GBX97.50 Million 62.24%
Common Stock GBX17.97 Million 11.47%
Other Components GBX41.19 Million 26.29%
Total Equity GBX156.66 Million 100.00%

Schroder European Reit Plc Competitors by Market Cap

The table below lists competitors of Schroder European Reit Plc ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Schroder European Reit Plc's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 164,097,000 to 156,655,000, a change of -7,442,000 (-4.5%).
  • Net income of 2,162,279 contributed positively to equity growth.
  • Dividend payments of 7,856,000 reduced retained earnings.
  • Share repurchases of 1,534,729 reduced equity.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income GBX2.16 Million +1.38%
Dividends Paid GBX7.86 Million -5.01%
Share Repurchases GBX1.53 Million -0.98%
Other Changes GBX-213.55K -0.14%
Total Change GBX- -4.54%

Book Value vs Market Value Analysis

This analysis compares Schroder European Reit 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: 52.27x
  • 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 46.50x to 52.27x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2016-09-30 GBX1.33 GBX62.00 x
2017-09-30 GBX1.34 GBX62.00 x
2018-09-30 GBX1.36 GBX62.00 x
2019-09-30 GBX1.36 GBX62.00 x
2020-09-30 GBX1.51 GBX62.00 x
2021-09-30 GBX1.49 GBX62.00 x
2022-09-30 GBX1.41 GBX62.00 x
2023-09-30 GBX1.28 GBX62.00 x
2024-09-30 GBX1.23 GBX62.00 x
2025-09-30 GBX1.19 GBX62.00 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Schroder European Reit 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): 1.38%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 22.92%
  • • Asset Turnover: 0.04x
  • • Equity Multiplier: 1.48x
  • Recent ROE (1.38%) is below the historical average (3.58%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2016 -2.15% 0.00% -0.01x 1.44x GBX-19.18 Million
2017 5.77% 59.87% 0.07x 1.40x GBX-7.54 Million
2018 7.24% 58.03% 0.09x 1.32x GBX-5.03 Million
2019 4.09% 57.53% 0.05x 1.39x GBX-10.75 Million
2020 14.07% 82.63% 0.12x 1.38x GBX8.22 Million
2021 3.13% 21.96% 0.10x 1.40x GBX-13.72 Million
2022 7.43% 39.91% 0.13x 1.43x GBX-4.83 Million
2023 -5.47% 0.00% -0.03x 1.49x GBX-26.53 Million
2024 0.35% 12.85% 0.02x 1.49x GBX-15.83 Million
2025 1.38% 22.92% 0.04x 1.48x GBX-13.50 Million

Industry Comparison

This section compares Schroder European Reit Plc's net assets metrics with peer companies in the REIT - Diversified industry.

Industry Context

  • Industry: REIT - Diversified
  • Average net assets among peers: $198,337,673
  • Average return on equity (ROE) among peers: 4.66%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Schroder European Reit Plc (SERE) GBX156.66 Million -2.15% 0.48x $9.98K
AEW UK REIT Plc (AEWU) $167.10 Million -6.78% 0.40x $20.37K
Alternative Income REIT PLC (AIRE) $67.33 Million 10.78% 0.65x $7.81K
abrdn Property Income Trust Ltd. (API) $312.78 Million 10.21% 0.49x $890.56
Custodian REIT PLC (CREI) $415.20 Million 7.81% 0.31x $49.58K
Ground Rents Income Fund PLC (GRIO) $134.81 Million -7.93% 0.00x $2.79K
Palace Capital PLC (PCA) $157.83 Million -3.51% 0.91x $5.27K
Picton Property Income Ltd (PCTN) $214.10 Million 17.44% 1.17x $51.02K
Real Estate Investors PLC (RLE) $125.44 Million 2.92% 0.93x $6.68K
Schroder Real Estate Investment Trust Ltd (SREI) $190.44 Million 10.96% 0.71x $31.42K