Triple Point Energy Transition PLC
Triple Point Energy Transition plc invests in the energy sector in the United Kingdom and rest of Europe. The company was formerly known as Triple Point Energy Efficiency Infrastructure Company plc and changed its name to Triple Point Energy Transition plc in August 2022. The company was incorporated in 2020 and is based in London, the United Kingdom.
Triple Point Energy Transition PLC (TENT) - Net Assets
Latest net assets as of September 2024: GBX77.25 Million GBX
Based on the latest financial reports, Triple Point Energy Transition PLC (TENT) has net assets worth GBX77.25 Million GBX as of September 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX77.51 Million) and total liabilities (GBX261.00K). 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 | GBX77.25 Million |
| % of Total Assets | 99.66% |
| Annual Growth Rate | -3.84% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 6.83 |
Triple Point Energy Transition PLC - Net Assets Trend (2021–2024)
This chart illustrates how Triple Point Energy Transition 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 Triple Point Energy Transition PLC (2021–2024)
The table below shows the annual net assets of Triple Point Energy Transition PLC from 2021 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-03-31 | GBX86.68 Million | -12.84% |
| 2023-03-31 | GBX99.45 Million | +3.45% |
| 2022-03-31 | GBX96.14 Million | -1.39% |
| 2021-03-31 | GBX97.49 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Triple Point Energy Transition 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 decreased by 5.9% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | GBX90.97 Million | 104.95% |
| Common Stock | GBX1.00 Million | 1.15% |
| Other Comprehensive Income | GBX-5.31 Million | -6.12% |
| Other Components | GBX13.00K | 0.01% |
| Total Equity | GBX86.68 Million | 100.00% |
Triple Point Energy Transition PLC Competitors by Market Cap
The table below lists competitors of Triple Point Energy Transition PLC ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
GoMax Electronics Co., Ltd.
TWO:6512
|
$5.42K |
|
ZAMP3F
SA:ZAMP3F
|
$5.42K |
|
Churchill China plc
LSE:CHH
|
$5.43K |
|
Jubilee Life Insurance Company Ltd
KAR:JLICL
|
$5.44K |
|
Cache Exploration Inc
PINK:CEXPF
|
$5.41K |
|
Cobra Resources PLC
LSE:COBR
|
$5.41K |
|
Enermax Technology Corporation
TWO:8093
|
$5.41K |
|
Architectural Aesthetics Global Development CO.,LTD.
TWO:2724
|
$5.41K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Triple Point Energy Transition PLC's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 99,449,000 to 86,677,000, a change of -12,772,000 (-12.8%).
- Net loss of 7,272,000 reduced equity.
- Dividend payments of 5,500,000 reduced retained earnings.
- Other comprehensive income decreased equity by 5,307,000.
- Other factors increased equity by 5,307,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | GBX-7.27 Million | -8.39% |
| Dividends Paid | GBX5.50 Million | -6.35% |
| Other Comprehensive Income | GBX-5.31 Million | -6.12% |
| Other Changes | GBX5.31 Million | +6.12% |
| Total Change | GBX- | -12.84% |
Book Value vs Market Value Analysis
This analysis compares Triple Point Energy Transition 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: 51.35x
- 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 45.65x to 51.35x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-03-31 | GBX0.97 | GBX44.50 | x |
| 2022-03-31 | GBX0.96 | GBX44.50 | x |
| 2023-03-31 | GBX0.99 | GBX44.50 | x |
| 2024-03-31 | GBX0.87 | GBX44.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Triple Point Energy Transition 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): -8.39%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: -0.05x
- • Equity Multiplier: 1.01x
- Recent ROE (-8.39%) is below the historical average (1.22%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | -0.53% | -914.04% | 0.00x | 1.00x | GBX-10.27 Million |
| 2022 | 4.95% | 84.28% | 0.06x | 1.00x | GBX-4.85 Million |
| 2023 | 8.86% | 84.61% | 0.10x | 1.00x | GBX-1.13 Million |
| 2024 | -8.39% | 0.00% | -0.05x | 1.01x | GBX-15.94 Million |
Industry Comparison
This section compares Triple Point Energy Transition 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 |
|---|---|---|---|---|
| Triple Point Energy Transition PLC (TENT) | GBX77.25 Million | -0.53% | 0.00x | $5.42K |
| 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 |