Schroder Real Estate Investment Trust Ltd
As at 30 June 2025, the underlying portfolio comprised 37 properties valued at £481.6 million. It generated annual rent of £29.0 million, reflecting a net initial yield of 5.6% (MSCI Benchmark: 5.1%). Note that the University of Law, the tenant at Store Street in Bloomsbury, is in a 10-month rent free period ending on 16 October 2025. Adding back the Company's share of its annual rent, being £2,3… Read more
Schroder Real Estate Investment Trust Ltd (SREI) - Net Assets
Latest net assets as of September 2025: GBX302.90 Million GBX
Based on the latest financial reports, Schroder Real Estate Investment Trust Ltd (SREI) has net assets worth GBX302.90 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 (GBX501.97 Million) and total liabilities (GBX199.08 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 | GBX302.90 Million |
| % of Total Assets | 60.34% |
| Annual Growth Rate | 0.5% |
| 5-Year Change | 1.53% |
| 10-Year Change | -6.58% |
| Growth Volatility | 25.55 |
Schroder Real Estate Investment Trust Ltd - Net Assets Trend (2005–2025)
This chart illustrates how Schroder Real Estate Investment Trust Ltd'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 Real Estate Investment Trust Ltd (2005–2025)
The table below shows the annual net assets of Schroder Real Estate Investment Trust Ltd from 2005 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | GBX301.38 Million | +4.88% |
| 2024-03-31 | GBX287.35 Million | -4.44% |
| 2023-03-31 | GBX300.69 Million | -19.21% |
| 2022-03-31 | GBX372.18 Million | +25.38% |
| 2021-03-31 | GBX296.84 Million | -4.18% |
| 2020-03-31 | GBX309.81 Million | -13.07% |
| 2019-03-31 | GBX356.38 Million | +0.79% |
| 2018-03-31 | GBX353.57 Million | +6.31% |
| 2017-03-31 | GBX332.59 Million | +3.09% |
| 2016-03-31 | GBX322.61 Million | +7.82% |
| 2015-03-31 | GBX299.21 Million | +57.11% |
| 2014-03-31 | GBX190.44 Million | +18.65% |
| 2013-03-31 | GBX160.51 Million | -10.82% |
| 2012-03-31 | GBX179.98 Million | -0.58% |
| 2011-03-31 | GBX181.03 Million | +6.83% |
| 2010-03-31 | GBX169.45 Million | +19.62% |
| 2009-03-31 | GBX141.66 Million | -62.56% |
| 2008-03-31 | GBX378.36 Million | -24.73% |
| 2007-03-31 | GBX502.65 Million | +18.89% |
| 2006-03-31 | GBX422.77 Million | +54.96% |
| 2005-03-31 | GBX272.82 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Schroder Real Estate Investment Trust Ltd'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 decreased by 100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | GBX219.09 Million | 72.70% |
| Other Components | GBX82.29 Million | 27.30% |
| Total Equity | GBX301.38 Million | 100.00% |
Schroder Real Estate Investment Trust Ltd Competitors by Market Cap
The table below lists competitors of Schroder Real Estate Investment Trust Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
KINGBOARD CHEMICAL
BE:KGZ
|
$31.43K |
|
BIT Computer
KO:032850
|
$31.44K |
|
Media Lab SpA
PA:MLLAB
|
$31.45K |
|
VSFFF
OTCGREY:VSFFF
|
$31.46K |
|
Hallmark Company Limited
KAR:HCL
|
$31.42K |
|
Yuanta Securities Korea Co. Ltd.
KQ:003470
|
$31.40K |
|
XAI Octagon Floating Rate & Alternative Income Term Trust
NYSE:XFLT
|
$31.38K |
|
Shinhan Inverse Copper Futures
KO:500008
|
$31.33K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Schroder Real Estate Investment Trust Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 287,350,000 to 301,377,000, a change of 14,027,000 (4.9%).
- Net income of 31,058,000 contributed positively to equity growth.
- Dividend payments of 17,031,000 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | GBX31.06 Million | +10.31% |
| Dividends Paid | GBX17.03 Million | -5.65% |
| Total Change | GBX- | 4.88% |
Book Value vs Market Value Analysis
This analysis compares Schroder Real Estate Investment Trust Ltd'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: 82.44x
- 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 48.41x to 82.44x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-03-31 | GBX1.05 | GBX50.80 | x |
| 2006-03-31 | GBX1.33 | GBX50.80 | x |
| 2007-03-31 | GBX1.42 | GBX50.80 | x |
| 2008-03-31 | GBX1.07 | GBX50.80 | x |
| 2009-03-31 | GBX0.42 | GBX50.80 | x |
| 2010-03-31 | GBX0.52 | GBX50.80 | x |
| 2011-03-31 | GBX0.53 | GBX50.80 | x |
| 2012-03-31 | GBX0.51 | GBX50.80 | x |
| 2013-03-31 | GBX0.45 | GBX50.80 | x |
| 2014-03-31 | GBX0.52 | GBX50.80 | x |
| 2015-03-31 | GBX0.62 | GBX50.80 | x |
| 2016-03-31 | GBX0.62 | GBX50.80 | x |
| 2017-03-31 | GBX0.64 | GBX50.80 | x |
| 2018-03-31 | GBX0.68 | GBX50.80 | x |
| 2019-03-31 | GBX0.69 | GBX50.80 | x |
| 2020-03-31 | GBX0.60 | GBX50.80 | x |
| 2021-03-31 | GBX0.58 | GBX50.80 | x |
| 2022-03-31 | GBX0.76 | GBX50.80 | x |
| 2023-03-31 | GBX0.61 | GBX50.80 | x |
| 2024-03-31 | GBX0.59 | GBX50.80 | x |
| 2025-03-31 | GBX0.62 | GBX50.80 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Schroder Real Estate Investment Trust Ltd 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): 10.31%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 84.81%
- • Asset Turnover: 0.07x
- • Equity Multiplier: 1.65x
- Recent ROE (10.31%) is above the historical average (-0.57%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 9.29% | 151.89% | 0.04x | 1.61x | GBX-1.93 Million |
| 2006 | 17.69% | 265.99% | 0.05x | 1.42x | GBX32.52 Million |
| 2007 | 19.24% | 315.00% | 0.04x | 1.50x | GBX46.44 Million |
| 2008 | -23.62% | -288.93% | 0.05x | 1.75x | GBX-127.19 Million |
| 2009 | -129.93% | -600.90% | 0.08x | 2.78x | GBX-198.23 Million |
| 2010 | 20.48% | 136.44% | 0.07x | 2.29x | GBX17.75 Million |
| 2011 | 5.71% | 43.54% | 0.06x | 2.19x | GBX-7.76 Million |
| 2012 | 6.13% | 44.21% | 0.06x | 2.22x | GBX-6.96 Million |
| 2013 | -6.58% | 0.00% | -0.02x | 1.92x | GBX-26.62 Million |
| 2014 | 10.96% | 78.21% | 0.08x | 1.71x | GBX1.83 Million |
| 2015 | 18.31% | 91.26% | 0.14x | 1.45x | GBX24.85 Million |
| 2016 | 11.24% | 87.24% | 0.09x | 1.49x | GBX3.99 Million |
| 2017 | 6.87% | 83.24% | 0.06x | 1.47x | GBX-10.41 Million |
| 2018 | 9.57% | 86.15% | 0.08x | 1.44x | GBX-1.52 Million |
| 2019 | 4.46% | 67.27% | 0.05x | 1.46x | GBX-19.74 Million |
| 2020 | -10.48% | 0.00% | 0.00x | 1.44x | GBX-63.44 Million |
| 2021 | 1.53% | 45.53% | 0.02x | 1.55x | GBX-25.14 Million |
| 2022 | 24.01% | 95.39% | 0.17x | 1.46x | GBX52.15 Million |
| 2023 | -18.20% | 0.00% | -0.10x | 1.63x | GBX-84.78 Million |
| 2024 | 1.05% | 36.62% | 0.02x | 1.66x | GBX-25.72 Million |
| 2025 | 10.31% | 84.81% | 0.07x | 1.65x | GBX920.30K |
Industry Comparison
This section compares Schroder Real Estate Investment Trust Ltd's net assets metrics with peer companies in the REIT - Diversified industry.
Industry Context
- Industry: REIT - Diversified
- Average net assets among peers: $195,410,339
- Average return on equity (ROE) among peers: 3.48%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Schroder Real Estate Investment Trust Ltd (SREI) | GBX302.90 Million | 9.29% | 0.66x | $31.42K |
| 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 European Reit Plc (SERE) | $164.10 Million | 0.35% | 0.49x | $9.98K |