Trufin PLC
TruFin plc provides niche lending, early payment services, and video game publishing in the United Kingdom. It operates through four segments: Short Term Finance, Payment Services, Publishing, and Other. The company engages in provision of distribution finance products, and invoice discounting; early payment programme, payment control, and market insight services; publishing of video games; and i… Read more
Trufin PLC (TRU) - Net Assets
Latest net assets as of June 2025: GBX47.80 Million GBX
Based on the latest financial reports, Trufin PLC (TRU) has net assets worth GBX47.80 Million GBX as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX66.49 Million) and total liabilities (GBX18.69 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 | GBX47.80 Million |
| % of Total Assets | 71.9% |
| Annual Growth Rate | 2.95% |
| 5-Year Change | 9.58% |
| 10-Year Change | N/A |
| Growth Volatility | 65.87 |
Trufin PLC - Net Assets Trend (2016–2024)
This chart illustrates how Trufin 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 Trufin PLC (2016–2024)
The table below shows the annual net assets of Trufin PLC from 2016 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | GBX43.54 Million | +14.77% |
| 2023-12-31 | GBX37.94 Million | -5.40% |
| 2022-12-31 | GBX40.10 Million | +23.58% |
| 2021-12-31 | GBX32.45 Million | -18.33% |
| 2020-12-31 | GBX39.74 Million | -21.07% |
| 2019-12-31 | GBX50.34 Million | -67.15% |
| 2018-12-31 | GBX153.25 Million | +67.67% |
| 2017-12-31 | GBX91.40 Million | +164.92% |
| 2016-12-31 | GBX34.50 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Trufin 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 4618.9% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | GBX96.42 Million | 228.85% |
| Other Comprehensive Income | GBX-29.84 Million | -70.83% |
| Total Equity | GBX42.13 Million | 100.00% |
Trufin PLC Competitors by Market Cap
The table below lists competitors of Trufin PLC ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
NATIONAL INVESTMENT COMPANY LIMITED
DSE:NICO
|
$14.53K |
|
CHINA OVS LD & INV
MU:CPP
|
$14.54K |
|
CanaFarma Hemp Products Corp
PINK:CNFHF
|
$14.56K |
|
224810
KO:224810
|
$14.58K |
|
GOLDQUEST MINING
MU:M1W
|
$14.51K |
|
Maua Capital Real Estate Fundo De Investimento Imobiliario
SA:MCRE11
|
$14.51K |
|
Joby Aviation Inc.
NYSE:JOBY-WT
|
$14.48K |
|
SOLUTIANCE AG NA O.N.
F:SLSA
|
$14.47K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Trufin PLC's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 35,555,000 to 42,134,000, a change of 6,579,000 (18.5%).
- Net income of 4,840,000 contributed positively to equity growth.
- Other comprehensive income decreased equity by 104,999.
- Other factors increased equity by 1,843,999.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | GBX4.84 Million | +11.49% |
| Other Comprehensive Income | GBX-105.00K | -0.25% |
| Other Changes | GBX1.84 Million | +4.38% |
| Total Change | GBX- | 18.50% |
Book Value vs Market Value Analysis
This analysis compares Trufin 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: 344.61x
- 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 362.40x to 344.61x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | GBX0.35 | GBX126.00 | x |
| 2017-12-31 | GBX1.41 | GBX126.00 | x |
| 2018-12-31 | GBX1.62 | GBX126.00 | x |
| 2019-12-31 | GBX0.52 | GBX126.00 | x |
| 2020-12-31 | GBX0.47 | GBX126.00 | x |
| 2021-12-31 | GBX0.39 | GBX126.00 | x |
| 2022-12-31 | GBX0.38 | GBX126.00 | x |
| 2023-12-31 | GBX0.36 | GBX126.00 | x |
| 2024-12-31 | GBX0.37 | GBX126.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Trufin 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): 11.49%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.81%
- • Asset Turnover: 0.78x
- • Equity Multiplier: 1.67x
- Recent ROE (11.49%) is above the historical average (-15.49%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | -10.33% | -339.50% | 0.02x | 1.40x | GBX-6.90 Million |
| 2017 | -8.84% | -214.71% | 0.04x | 1.13x | GBX-17.27 Million |
| 2018 | -6.29% | -216.24% | 0.02x | 1.46x | GBX-24.44 Million |
| 2019 | -36.84% | -246.22% | 0.12x | 1.26x | GBX-22.98 Million |
| 2020 | -28.52% | -73.97% | 0.26x | 1.50x | GBX-14.82 Million |
| 2021 | -22.50% | -53.92% | 0.26x | 1.61x | GBX-10.21 Million |
| 2022 | -19.39% | -41.18% | 0.25x | 1.91x | GBX-10.06 Million |
| 2023 | -18.20% | -35.70% | 0.36x | 1.43x | GBX-10.03 Million |
| 2024 | 11.49% | 8.81% | 0.78x | 1.67x | GBX626.60K |
Industry Comparison
This section compares Trufin PLC's net assets metrics with peer companies in the Credit Services industry.
Industry Context
- Industry: Credit Services
- Average net assets among peers: $1,451,494,031
- Average return on equity (ROE) among peers: -5.75%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Trufin PLC (TRU) | GBX47.80 Million | -10.33% | 0.39x | $14.52K |
| Amigo Holdings PLC (AMGO) | $0.00 | 0.00% | 0.00x | $2.59K |
| ASA International Group PLC (ASAI) | $107.07 Million | -0.67% | 4.41x | $25.43K |
| Fiinu PLC (BANK) | $332.01K | -45.41% | 2.90x | $4.00K |
| Distribution Finance Capital Holdings PLC (DFCH) | $50.89 Million | -26.73% | 2.96x | $10.03K |
| Equals Group PLC (EQLS) | $49.52 Million | -10.85% | 0.46x | $34.33K |
| General Accident PLC (GACA) | $13.97 Billion | 1.33% | 0.00x | $126.54 |
| H&T Group plc (HAT) | $192.13 Million | 11.57% | 0.51x | $34.39K |
| ICFG Limited (ICFG) | $-7.14 Million | 0.00% | 0.00x | $19.53 |
| Sancus Lending Group Ltd (LEND) | $61.25 Million | 3.32% | 1.93x | $278.52 |
| Litigation Capital Management Limited (LIT) | $88.89 Million | 9.97% | 1.25x | $1.34K |