Utilico Emerging Markets Ltd
Utilico Emerging Markets Trust PLC is a closed-ended balanced mutual fund launched and managed by ICM Investment Management Limited. The fund is co-managed by ICM Limited. It invests in the public equity and fixed income markets of emerging market countries across the globe. The fund seeks to invest in securities of companies operating in the infrastructure, utility, and related sectors. It prima… Read more
Utilico Emerging Markets Ltd (UEM) - Net Assets
Latest net assets as of September 2025: GBX515.02 Million GBX
Based on the latest financial reports, Utilico Emerging Markets Ltd (UEM) has net assets worth GBX515.02 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 (GBX540.22 Million) and total liabilities (GBX25.20 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 | GBX515.02 Million |
| % of Total Assets | 95.33% |
| Annual Growth Rate | 9.23% |
| 5-Year Change | -5.12% |
| 10-Year Change | 9.91% |
| Growth Volatility | 41.48 |
Utilico Emerging Markets Ltd - Net Assets Trend (2006–2025)
This chart illustrates how Utilico Emerging Markets 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 Utilico Emerging Markets Ltd (2006–2025)
The table below shows the annual net assets of Utilico Emerging Markets Ltd from 2006 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | GBX479.82 Million | -8.24% |
| 2024-03-31 | GBX522.93 Million | +3.07% |
| 2023-03-31 | GBX507.37 Million | -7.06% |
| 2022-03-31 | GBX545.92 Million | +7.95% |
| 2021-03-31 | GBX505.70 Million | +22.05% |
| 2020-03-31 | GBX414.34 Million | -27.83% |
| 2019-03-31 | GBX574.15 Million | -0.97% |
| 2018-03-31 | GBX579.76 Million | +8.94% |
| 2017-03-31 | GBX532.16 Million | +21.90% |
| 2016-03-31 | GBX436.56 Million | -2.41% |
| 2015-03-31 | GBX447.36 Million | +9.05% |
| 2014-03-31 | GBX410.24 Million | -7.37% |
| 2013-03-31 | GBX442.89 Million | +17.02% |
| 2012-03-31 | GBX378.47 Million | -1.22% |
| 2011-03-31 | GBX383.15 Million | +19.78% |
| 2010-03-31 | GBX319.88 Million | +38.64% |
| 2009-03-31 | GBX230.73 Million | -35.82% |
| 2008-03-31 | GBX359.53 Million | +48.80% |
| 2007-03-31 | GBX241.62 Million | +169.39% |
| 2006-03-31 | GBX89.69 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Utilico Emerging Markets 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 | GBX1.86 Million | 0.39% |
| Other Components | GBX477.96 Million | 99.61% |
| Total Equity | GBX479.82 Million | 100.00% |
Utilico Emerging Markets Ltd Competitors by Market Cap
The table below lists competitors of Utilico Emerging Markets Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
JahangirSidd(Pref)
KAR:JSCLPSA
|
$330.00 |
|
Energy Revenue Amer
PINK:ERAO
|
$330.23 |
|
Alternative Liquidity Fund Limited
LSE:ALF
|
$331.46 |
|
SURETRACK MON
LSE:STK
|
$331.60 |
|
Mfc Patong Heritage Property Fund
BK:M-PAT
|
$328.95 |
|
HOMEBOYZ ENTERTAINMENT PLC
XNAI:HEL
|
$328.32 |
|
Atlas For Investment and Food Industries
EGX:ALRA
|
$328.02 |
|
ICC Industries
KAR:ICCI
|
$327.44 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Utilico Emerging Markets Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 522,933,000 to 479,822,000, a change of -43,111,000 (-8.2%).
- Net loss of 16,676,000 reduced equity.
- Dividend payments of 16,811,000 reduced retained earnings.
- Share repurchases of 9,624,000 reduced equity.
- Other comprehensive income decreased equity by 509,719,000.
- Other factors increased equity by 509,719,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | GBX-16.68 Million | -3.48% |
| Dividends Paid | GBX16.81 Million | -3.5% |
| Share Repurchases | GBX9.62 Million | -2.01% |
| Other Comprehensive Income | GBX-509.72 Million | -106.23% |
| Other Changes | GBX509.72 Million | +106.23% |
| Total Change | GBX- | -8.24% |
Book Value vs Market Value Analysis
This analysis compares Utilico Emerging Markets 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: 109.77x
- 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 238.56x to 109.77x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-03-31 | GBX1.17 | GBX280.00 | x |
| 2007-03-31 | GBX1.46 | GBX280.00 | x |
| 2008-03-31 | GBX1.68 | GBX280.00 | x |
| 2009-03-31 | GBX1.08 | GBX280.00 | x |
| 2010-03-31 | GBX1.46 | GBX280.00 | x |
| 2011-03-31 | GBX1.80 | GBX280.00 | x |
| 2012-03-31 | GBX1.75 | GBX280.00 | x |
| 2013-03-31 | GBX2.05 | GBX280.00 | x |
| 2014-03-31 | GBX1.92 | GBX280.00 | x |
| 2015-03-31 | GBX2.10 | GBX280.00 | x |
| 2016-03-31 | GBX2.05 | GBX280.00 | x |
| 2017-03-31 | GBX2.48 | GBX280.00 | x |
| 2018-03-31 | GBX2.63 | GBX280.00 | x |
| 2019-03-31 | GBX8202214285.71 | GBX280.00 | x |
| 2020-03-31 | GBX1.81 | GBX280.00 | x |
| 2021-03-31 | GBX2.26 | GBX280.00 | x |
| 2022-03-31 | GBX2.49 | GBX280.00 | x |
| 2023-03-31 | GBX2.31 | GBX280.00 | x |
| 2024-03-31 | GBX2.65 | GBX280.00 | x |
| 2025-03-31 | GBX2.55 | GBX280.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Utilico Emerging Markets 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): -3.48%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: -0.02x
- • Equity Multiplier: 1.04x
- Recent ROE (-3.48%) is below the historical average (6.24%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 17.67% | 83.95% | 0.17x | 1.24x | GBX6.88 Million |
| 2007 | 23.73% | 80.96% | 0.23x | 1.26x | GBX33.18 Million |
| 2008 | 10.81% | 74.28% | 0.11x | 1.27x | GBX2.92 Million |
| 2009 | -51.17% | 0.00% | -0.41x | 1.23x | GBX-141.14 Million |
| 2010 | 35.49% | 96.38% | 0.33x | 1.10x | GBX81.52 Million |
| 2011 | 17.38% | 85.48% | 0.19x | 1.06x | GBX28.28 Million |
| 2012 | 3.03% | 69.35% | 0.04x | 1.03x | GBX-26.39 Million |
| 2013 | 17.48% | 97.26% | 0.17x | 1.05x | GBX33.11 Million |
| 2014 | -3.82% | 0.00% | -0.03x | 1.07x | GBX-56.69 Million |
| 2015 | 11.21% | 95.07% | 0.11x | 1.09x | GBX5.40 Million |
| 2016 | 1.33% | 69.13% | 0.02x | 1.05x | GBX-37.85 Million |
| 2017 | 20.82% | 94.99% | 0.20x | 1.11x | GBX57.57 Million |
| 2018 | 5.17% | 82.27% | 0.06x | 1.02x | GBX-28.02 Million |
| 2019 | 3.18% | 75.64% | 0.04x | 1.02x | GBX-39.16 Million |
| 2020 | -33.32% | 0.00% | -0.28x | 1.12x | GBX-179.47 Million |
| 2021 | 23.86% | 96.34% | 0.22x | 1.12x | GBX70.10 Million |
| 2022 | 13.13% | 94.37% | 0.13x | 1.05x | GBX17.07 Million |
| 2023 | 1.14% | 65.23% | 0.02x | 1.08x | GBX-44.97 Million |
| 2024 | 11.07% | 91.15% | 0.12x | 1.01x | GBX5.60 Million |
| 2025 | -3.48% | 0.00% | -0.02x | 1.04x | GBX-64.66 Million |
Industry Comparison
This section compares Utilico Emerging Markets Ltd'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 |
|---|---|---|---|---|
| Utilico Emerging Markets Ltd (UEM) | GBX515.02 Million | 17.67% | 0.05x | $329.20 |
| 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 |