Throgmorton Trust Plc (THRG) - Net Assets

Latest as of November 2025: GBX501.62 Million GBX ≈ $61.03K USD

Based on the latest financial reports, Throgmorton Trust Plc (THRG) has net assets worth GBX501.62 Million GBX (≈ $61.03K USD) as of November 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX508.10 Million ≈ $61.82K USD) and total liabilities (GBX6.49 Million ≈ $789.16 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 THRG financial resilience to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric Value
Current Net Assets GBX501.62 Million
% of Total Assets 98.72%
Annual Growth Rate 2.31%
5-Year Change -46.36%
10-Year Change 64.84%
Growth Volatility 28.44

Throgmorton Trust Plc - Net Assets Trend (2000–2025)

This chart illustrates how Throgmorton Trust Plc's net assets have evolved over time, based on quarterly financial data. Also explore total assets of Throgmorton Trust Plc for the complete picture of this company's asset base.

Annual Net Assets for Throgmorton Trust Plc (2000–2025)

The table below shows the annual net assets of Throgmorton Trust Plc from 2000 to 2025. For live valuation and market cap data, see THRG stock market capitalisation.

Year Net Assets Change
2025-11-30 GBX501.62 Million
≈ $61.03K		 -15.82%
2024-11-30 GBX595.91 Million
≈ $72.50K		 +3.47%
2023-11-30 GBX575.92 Million
≈ $70.07K		 -9.07%
2022-11-30 GBX633.36 Million
≈ $77.06K		 -32.27%
2021-11-30 GBX935.15 Million
≈ $113.78K		 +56.85%
2020-11-30 GBX596.22 Million
≈ $72.54K		 +26.84%
2019-11-30 GBX470.06 Million
≈ $57.19K		 +23.83%
2018-11-30 GBX379.60 Million
≈ $46.19K		 -6.48%
2017-11-30 GBX405.90 Million
≈ $49.39K		 +33.39%
2016-11-30 GBX304.30 Million
≈ $37.02K		 +4.41%
2015-11-30 GBX291.44 Million
≈ $35.46K		 +23.78%
2014-11-30 GBX235.46 Million
≈ $28.65K		 -5.42%
2013-11-30 GBX248.94 Million
≈ $30.29K		 +40.89%
2012-11-30 GBX176.69 Million
≈ $21.50K		 +19.57%
2011-11-30 GBX147.77 Million
≈ $17.98K		 +16.09%
2010-11-30 GBX127.30 Million
≈ $15.49K		 +19.06%
2009-11-30 GBX106.92 Million
≈ $13.01K		 +38.80%
2008-11-30 GBX77.03 Million
≈ $9.37K		 -71.73%
2007-11-30 GBX272.51 Million
≈ $33.16K		 -23.96%
2006-11-30 GBX358.38 Million
≈ $43.60K		 +2.16%
2005-11-30 GBX350.80 Million
≈ $42.68K		 +2.21%
2004-11-30 GBX343.23 Million
≈ $41.76K		 +23.66%
2003-11-30 GBX277.56 Million
≈ $33.77K		 +50.99%
2002-11-30 GBX183.83 Million
≈ $22.37K		 -25.03%
2001-11-30 GBX245.21 Million
≈ $29.83K		 -13.57%
2000-11-30 GBX283.72 Million
≈ $34.52K		 --

Equity Component Analysis

This analysis shows how different components contribute to Throgmorton Trust 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 370.1% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (November 2025)

Component Amount Percentage
Retained Earnings GBX20.23 Million 4.03%
Common Stock GBX5.16 Million 1.03%
Other Comprehensive Income GBX476.23 Million 94.94%
Other Components GBX1.00 0.00%
Total Equity GBX501.62 Million 100.00%

Throgmorton Trust Plc Competitors by Market Cap

The table below lists competitors of Throgmorton Trust Plc ranked by their market capitalization.

Company Market Cap
VITAL BATTERY METALS INC
F:C0O
 $5.04 Million
Invesco Bond Income Plus Limited
LSE:BIPS
 $5.04 Million
Dart Mining NL
AU:DTM
 $5.04 Million
Whitemud Resources Inc
V:WMK
 $5.05 Million
Dimet (Siam) Public Company Limited
BK:DIMET
 $5.03 Million
DOREL INDS INC. A
F:DO4C
 $5.03 Million
Quantum Genomics SA
PA:ALQGC
 $5.03 Million
E-Pango SA
PA:ALAGO
 $5.03 Million

Equity Growth Attribution

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

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 595,908,000 to 501,618,000, a change of -94,290,000 (-15.8%).
  • Net loss of 9,045,000 reduced equity.
  • Dividend payments of 14,412,000 reduced retained earnings.
  • Share repurchases of 70,833,000 reduced equity.
  • Other comprehensive income increased equity by 464,327,999.
  • Other factors decreased equity by 464,327,999.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income GBX-9.04 Million -1.8%
Dividends Paid GBX14.41 Million -2.87%
Share Repurchases GBX70.83 Million -14.12%
Other Comprehensive Income GBX464.33 Million +92.57%
Other Changes GBX-464.33 Million -92.57%
Total Change GBX- -15.82%

Book Value vs Market Value Analysis

This analysis compares Throgmorton Trust 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: 86.71x
  • 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 712.45x to 86.71x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2002-11-30 GBX0.77 GBX552.00 x
2003-11-30 GBX1.05 GBX552.00 x
2004-11-30 GBX1.35 GBX552.00 x
2005-11-30 GBX1.72 GBX552.00 x
2006-11-30 GBX1.99 GBX552.00 x
2007-11-30 GBX1.79 GBX552.00 x
2008-11-30 GBX0.61 GBX552.00 x
2009-11-30 GBX1.33 GBX552.00 x
2010-11-30 GBX1.88 GBX552.00 x
2011-11-30 GBX2.34 GBX552.00 x
2012-11-30 GBX2.38 GBX552.00 x
2013-11-30 GBX3.29 GBX552.00 x
2014-11-30 GBX3.22 GBX552.00 x
2015-11-30 GBX3.92 GBX552.00 x
2016-11-30 GBX4.12 GBX552.00 x
2017-11-30 GBX5.43 GBX552.00 x
2018-11-30 GBX5.19 GBX552.00 x
2019-11-30 GBX6.43 GBX552.00 x
2020-11-30 GBX7.28 GBX552.00 x
2021-11-30 GBX9.93 GBX552.00 x
2022-11-30 GBX6.72 GBX552.00 x
2023-11-30 GBX5.78 GBX552.00 x
2024-11-30 GBX6.48 GBX552.00 x
2025-11-30 GBX6.37 GBX552.00 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Throgmorton Trust 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): -1.80%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 0.00%
  • • Asset Turnover: -0.01x
  • • Equity Multiplier: 1.01x
  • Recent ROE (-1.80%) is below the historical average (5.32%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2003 27.72% 89.85% 0.26x 1.17x GBX43.13 Million
2004 23.55% 90.29% 0.23x 1.12x GBX42.15 Million
2005 23.45% 91.05% 0.23x 1.12x GBX42.15 Million
2006 14.40% 86.62% 0.15x 1.11x GBX14.34 Million
2007 -3.12% 0.00% 0.00x 1.14x GBX-35.77 Million
2008 -150.08% 0.00% -0.98x 1.33x GBX-123.31 Million
2009 42.31% 101.75% 0.40x 1.03x GBX34.55 Million
2010 34.42% 85.05% 0.36x 1.14x GBX31.09 Million
2011 1.85% 87.99% 0.02x 1.02x GBX-12.04 Million
2012 16.42% 98.61% 0.16x 1.02x GBX11.18 Million
2013 28.75% 99.33% 0.28x 1.04x GBX45.13 Million
2014 -0.99% 0.00% -0.01x 1.03x GBX-25.88 Million
2015 18.97% 99.13% 0.19x 1.03x GBX25.69 Million
2016 6.70% 97.38% 0.07x 1.01x GBX-9.94 Million
2017 25.53% 99.45% 0.25x 1.02x GBX61.65 Million
2018 -2.71% 0.00% -0.03x 1.01x GBX-48.26 Million
2019 19.44% 99.27% 0.19x 1.03x GBX44.39 Million
2020 8.52% 98.26% 0.08x 1.03x GBX-8.83 Million
2021 23.88% 99.49% 0.23x 1.02x GBX129.82 Million
2022 -46.72% 0.00% -0.47x 1.02x GBX-359.22 Million
2023 -2.73% 0.00% -0.03x 1.02x GBX-73.34 Million
2024 14.49% 91.33% 0.16x 1.02x GBX26.73 Million
2025 -1.80% 0.00% -0.01x 1.01x GBX-59.21 Million

Industry Comparison

This section compares Throgmorton Trust Plc's net assets metrics with peer companies in the Asset Management industry.

Industry Context

  • Industry: Asset Management
  • Average net assets among peers: $745,852,800
  • Average return on equity (ROE) among peers: 2.99%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Throgmorton Trust Plc (THRG) GBX501.62 Million 27.72% 0.01x $5.04 Million
3I Infrastructure PLC (3IN) $1.20 Billion 4.98% 0.15x $42.14 Million
Albion Enterprise VCT PLC (AAEV) $61.87 Million 11.55% 0.03x $3.29 Million
abrdn Asian Income Fund Limited (AAIF) $431.87 Million 14.17% 0.08x $5.17 Million
Abrdn Asia Focus PLC (AAS) $98.67 Million 9.82% 0.09x $7.49 Million
Albion Technology & General VCT PLC (AATG) $64.83 Million 5.63% 0.01x $3.22 Million
Abrdn PLC (ABDN) $4.56 Billion 10.22% 39.48x $45.21 Million
Aberdeen Diversified Income and Growth Trust PLC (ADIG) $426.87 Million 6.29% 0.20x $450.86K
Aquila Energy Efficiency Trust PLC (AEET) $69.67 Million -2.91% 0.02x $261.59K
Aquila European Renewables Income PLC (AERI) $372.54 Million -8.03% 0.00x $79.35 Million
Artemis UK Future Leaders plc (AFL) $174.91 Million -21.80% 0.02x $415.29

About Throgmorton Trust Plc

LSE:THRG UK Asset Management
Market Cap
$5.04 Million
GBX41.42 Billion GBX
Market Cap Rank
#28349 Global
#470 in UK
Share Price
GBX552.00
Change (1 day)
+0.00%
52-Week Range
GBX510.00 - GBX666.00
All Time High
GBX982.98
Categories
Companies in UK Asset Management Banking & Financial
About

BlackRock Throgmorton Trust plc is a closed-ended equity mutual fund launched by BlackRock Fund Managers Limited. It is managed by BlackRock Investment Management (UK) Limited. The fund invests in the public equity markets of the United Kingdom. It seeks to invest in stocks of companies operating across diversified sectors. The fund primarily invests in stocks of small and mid-cap companies. It a… Read more