TR Property Investment Trust plc Net Assets
TR Property Investment Trust plc net assets. Based on the latest financial reports, TR Property Investment Trust plc (TRY) has net assets worth GBX1.06 Billion GBX (≈ $128.77K USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX1.20 Billion ≈ $145.79K USD) and total liabilities (GBX139.95 Million ≈ $17.03K 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. Also explore how fast is TR Property Investment Trust plc growing its equity to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | GBX1.06 Billion |
| % of Total Assets | 88.32% |
| Annual Growth Rate | 5.46% |
| 5-Year Change | -32.28% |
| 10-Year Change | -5.38% |
| Growth Volatility | 24.79 |
Net Assets of TR Property Investment Trust plc (2000–2026)
Net assets of TR Property Investment Trust plc from 2000 to 2026. This chart illustrates how TR Property Investment Trust plc's net assets have evolved over time, based on quarterly financial data. See TR Property Investment Trust plc (TRY) balance sheet quality index to measure how much of total assets are equity-financed.
Annual Net Assets for TR Property Investment Trust plc (2000–2026)
The table below shows the annual net assets of TR Property Investment Trust plc from 2000 to 2026. For live market cap and overall valuation, see TRY stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2026-03-31 | GBX1.06 Billion ≈ $128.77K |
+1.93% |
| 2025-03-31 | GBX1.04 Billion ≈ $126.32K |
-6.93% |
| 2024-03-31 | GBX1.12 Billion ≈ $135.72K |
+15.20% |
| 2023-03-31 | GBX968.35 Million ≈ $117.82K |
-38.04% |
| 2022-03-31 | GBX1.56 Billion ≈ $190.14K |
+17.82% |
| 2021-03-31 | GBX1.33 Billion ≈ $161.39K |
+16.72% |
| 2020-03-31 | GBX1.14 Billion ≈ $138.27K |
-14.44% |
| 2019-03-31 | GBX1.33 Billion ≈ $161.61K |
+5.79% |
| 2018-03-31 | GBX1.26 Billion ≈ $152.77K |
+12.26% |
| 2017-03-31 | GBX1.12 Billion ≈ $136.08K |
+4.98% |
| 2016-03-31 | GBX1.07 Billion ≈ $129.63K |
+5.48% |
| 2015-03-31 | GBX1.01 Billion ≈ $122.89K |
+24.78% |
| 2014-03-31 | GBX809.44 Million ≈ $98.49K |
+18.30% |
| 2013-03-31 | GBX684.22 Million ≈ $83.25K |
+45.43% |
| 2012-03-31 | GBX470.47 Million ≈ $57.24K |
-11.33% |
| 2011-03-31 | GBX530.60 Million ≈ $64.56K |
+11.59% |
| 2010-03-31 | GBX475.50 Million ≈ $57.85K |
+46.91% |
| 2009-03-31 | GBX323.67 Million ≈ $39.38K |
-43.01% |
| 2008-03-31 | GBX567.90 Million ≈ $69.10K |
-41.63% |
| 2007-03-31 | GBX972.94 Million ≈ $118.38K |
+26.26% |
| 2006-03-31 | GBX770.59 Million ≈ $93.76K |
+52.68% |
| 2005-03-31 | GBX504.70 Million ≈ $61.41K |
+25.94% |
| 2004-03-31 | GBX400.74 Million ≈ $48.76K |
+31.77% |
| 2003-03-31 | GBX304.13 Million ≈ $37.00K |
-11.20% |
| 2002-03-31 | GBX342.48 Million ≈ $41.67K |
-0.02% |
| 2001-03-31 | GBX342.56 Million ≈ $41.68K |
+28.97% |
| 2000-03-31 | GBX265.60 Million ≈ $32.32K |
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Equity Component Analysis
This analysis shows how different components contribute to TR Property Investment 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 280.9% over the analyzed period, indicating profitable operations and earnings retention.
TR Property Investment Trust plc Net Assets Breakdown (March 2026)
TR Property Investment Trust plc net assets breakdown by equity component as of March 2026.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | GBX52.59 Million | 4.97% |
| Common Stock | GBX79.34 Million | 7.50% |
| Other Comprehensive Income | GBX883.21 Million | 83.46% |
| Other Components | GBX43.16 Million | 4.08% |
| Total Equity | GBX1.06 Billion | 100.00% |
TR Property Investment Trust plc Competitors by Market Cap
The table below lists competitors of TR Property Investment Trust plc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
SKK Holdings Limited
NASDAQ:SKK
|
$11.21 Million |
|
Dromeas SA
AT:DROME
|
$11.21 Million |
|
Vistry Group PLC
LSE:VTY
|
$11.22 Million |
|
AUGA GROUP AB EO 029
F:W9Z
|
$11.22 Million |
|
LabGenomics Co. Ltd
KQ:084650
|
$11.20 Million |
|
DB (International) Stock Brokers Limited
NSE:DBSTOCKBRO
|
$11.19 Million |
|
M.P.Evans Group
LSE:MPE
|
$11.18 Million |
|
Daewoo SBI SPAC 1
KQ:215480
|
$11.18 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in TR Property Investment Trust plc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2025 to 2026, total equity changed from 1,038,237,000 to 1,058,306,000, a change of 20,069,000 (1.9%).
- Net income of 70,845,000 contributed positively to equity growth.
- Dividend payments of 50,776,000 reduced retained earnings.
- Other comprehensive income increased equity by 883,214,000.
- Other factors decreased equity by 883,214,000.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | GBX70.84 Million | +6.69% |
| Dividends Paid | GBX50.78 Million | -4.8% |
| Other Comprehensive Income | GBX883.21 Million | +83.46% |
| Other Changes | GBX-883.21 Million | -83.46% |
| Total Change | GBX- | 1.93% |
Book Value vs Market Value Analysis
This analysis compares TR Property Investment 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: 86.96x
- 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 361.63x to 86.96x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2002-03-31 | GBX0.80 | GBX290.00 | x |
| 2003-03-31 | GBX0.72 | GBX290.00 | x |
| 2004-03-31 | GBX1.03 | GBX290.00 | x |
| 2005-03-31 | GBX1.44 | GBX290.00 | x |
| 2006-03-31 | GBX2.24 | GBX290.00 | x |
| 2007-03-31 | GBX2.83 | GBX290.00 | x |
| 2008-03-31 | GBX2.15 | GBX290.00 | x |
| 2009-03-31 | GBX1.26 | GBX290.00 | x |
| 2010-03-31 | GBX1.85 | GBX290.00 | x |
| 2011-03-31 | GBX2.07 | GBX290.00 | x |
| 2012-03-31 | GBX1.84 | GBX290.00 | x |
| 2013-03-31 | GBX2.49 | GBX290.00 | x |
| 2014-03-31 | GBX2.55 | GBX290.00 | x |
| 2015-03-31 | GBX3.18 | GBX290.00 | x |
| 2016-03-31 | GBX3.36 | GBX290.00 | x |
| 2017-03-31 | GBX3.52 | GBX290.00 | x |
| 2018-03-31 | GBX3.96 | GBX290.00 | x |
| 2019-03-31 | GBX4.19 | GBX290.00 | x |
| 2020-03-31 | GBX3.58 | GBX290.00 | x |
| 2021-03-31 | GBX4.18 | GBX290.00 | x |
| 2022-03-31 | GBX4.92 | GBX290.00 | x |
| 2023-03-31 | GBX3.05 | GBX290.00 | x |
| 2024-03-31 | GBX3.52 | GBX290.00 | x |
| 2025-03-31 | GBX3.27 | GBX290.00 | x |
| 2026-03-31 | GBX3.33 | GBX290.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently TR Property Investment 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): 6.69%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 79.93%
- • Asset Turnover: 0.07x
- • Equity Multiplier: 1.13x
- Recent ROE (6.69%) is above the historical average (6.19%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | 38.30% | 93.91% | 0.33x | 1.23x | GBX113.42 Million |
| 2005 | 23.62% | 87.85% | 0.23x | 1.19x | GBX68.75 Million |
| 2006 | 36.30% | 92.02% | 0.34x | 1.15x | GBX202.66 Million |
| 2007 | 24.44% | 90.45% | 0.24x | 1.12x | GBX140.50 Million |
| 2008 | -31.90% | 0.00% | -0.32x | 1.07x | GBX-237.96 Million |
| 2009 | -70.09% | 0.00% | -0.63x | 1.06x | GBX-259.21 Million |
| 2010 | 35.04% | 94.04% | 0.33x | 1.12x | GBX119.05 Million |
| 2011 | 13.32% | 89.04% | 0.14x | 1.09x | GBX17.62 Million |
| 2012 | -9.46% | 0.00% | -0.07x | 1.12x | GBX-91.55 Million |
| 2013 | 17.13% | 95.22% | 0.16x | 1.11x | GBX48.80 Million |
| 2014 | 18.38% | 97.90% | 0.17x | 1.11x | GBX67.87 Million |
| 2015 | 22.23% | 98.07% | 0.21x | 1.09x | GBX123.57 Million |
| 2016 | 7.55% | 94.39% | 0.07x | 1.08x | GBX-26.08 Million |
| 2017 | 7.42% | 84.72% | 0.08x | 1.06x | GBX-28.86 Million |
| 2018 | 13.72% | 88.01% | 0.14x | 1.09x | GBX46.65 Million |
| 2019 | 8.45% | 84.10% | 0.10x | 1.05x | GBX-20.62 Million |
| 2020 | -13.02% | 0.00% | -0.10x | 1.10x | GBX-261.65 Million |
| 2021 | 17.67% | 92.31% | 0.17x | 1.12x | GBX101.77 Million |
| 2022 | 18.03% | 98.06% | 0.17x | 1.08x | GBX125.41 Million |
| 2023 | -56.52% | 0.00% | -0.51x | 1.09x | GBX-644.10 Million |
| 2024 | 17.60% | 85.99% | 0.19x | 1.07x | GBX84.80 Million |
| 2025 | -2.64% | 0.00% | -0.01x | 1.12x | GBX-131.26 Million |
| 2026 | 6.69% | 79.93% | 0.07x | 1.13x | GBX-34.99 Million |
Industry Comparison
This section compares TR Property Investment Trust plc's net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $780,020,800
- Average return on equity (ROE) among peers: 5.14%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| TR Property Investment Trust plc (TRY) | GBX1.06 Billion | 38.30% | 0.13x | $11.20 Million |
| 3I Infrastructure PLC (3IN) | $1.28 Billion | 13.01% | 0.05x | $44.72 Million |
| Albion Enterprise VCT PLC (AAEV) | $86.21 Million | 10.71% | 0.01x | $3.20 Million |
| abrdn Asian Income Fund Limited (AAIF) | $398.87 Million | 2.19% | 0.09x | $4.96 Million |
| Abrdn Asia Focus PLC (AAS) | $46.34 Million | 0.00% | 0.14x | $6.86 Million |
| Albion Technology & General VCT PLC (AATG) | $16.66 Million | 2.55% | 0.03x | $3.06 Million |
| Abrdn PLC (ABDN) | $5.04 Billion | 4.70% | 0.53x | $50.17 Million |
| Aberdeen Diversified Income and Growth Trust PLC (ADIG) | $642.23 Million | 0.00% | 0.19x | $450.86K |
| Aquila Energy Efficiency Trust PLC (AEET) | $35.87 Million | -1.49% | 0.02x | $213.04K |
| Aquila European Renewables Income PLC (AERI) | $158.92 Million | 0.00% | 0.00x | $64.28 Million |
| Artemis UK Future Leaders plc (AFL) | $99.10 Million | 19.77% | 0.03x | $446.17 |
About TR Property Investment Trust plc
TR Property Investment Trust plc is a closed-ended equity mutual fund launched by F&C Investment Business Ltd. The fund is managed by Thames River Capital LLP. It invests in public equity markets of Europe. The fund seeks to invest in stocks of companies that are operating in the real estate sector. It primarily invests in growth stocks of companies across all market capitalizations. The fund als… Read more