Baillie Gifford US Growth Trust PLC
Baillie Gifford US Growth Trust PLC is a closed-ended equity mutual fund launched by Baillie Gifford & Co Ltd. The fund is managed by Baillie Gifford & Co. It invests in public equity markets of the United States. The fund seeks to invest in stocks of companies operating across diversified sectors. It invests in growth stocks of companies across diversified market capitalizations. The fund employ… Read more
Baillie Gifford US Growth Trust PLC (USA) - Net Assets
Latest net assets as of November 2025: GBX834.72 Million GBX
Based on the latest financial reports, Baillie Gifford US Growth Trust PLC (USA) has net assets worth GBX834.72 Million GBX as of November 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX874.18 Million) and total liabilities (GBX39.47 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 | GBX834.72 Million |
| % of Total Assets | 95.49% |
| Annual Growth Rate | 17.0% |
| 5-Year Change | -18.16% |
| 10-Year Change | N/A |
| Growth Volatility | 41.94 |
Baillie Gifford US Growth Trust PLC - Net Assets Trend (2019–2025)
This chart illustrates how Baillie Gifford US Growth Trust 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 Baillie Gifford US Growth Trust PLC (2019–2025)
The table below shows the annual net assets of Baillie Gifford US Growth Trust PLC from 2019 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-05-31 | GBX743.79 Million | +15.51% |
| 2024-05-31 | GBX643.93 Million | +13.25% |
| 2023-05-31 | GBX568.60 Million | -2.67% |
| 2022-05-31 | GBX584.19 Million | -35.72% |
| 2021-05-31 | GBX908.88 Million | +90.86% |
| 2020-05-31 | GBX476.20 Million | +64.25% |
| 2019-05-31 | GBX289.93 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Baillie Gifford US Growth 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 205400000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (May 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | GBX2.81 Million | 0.38% |
| Other Components | GBX740.98 Million | 99.62% |
| Total Equity | GBX743.79 Million | 100.00% |
Baillie Gifford US Growth Trust PLC Competitors by Market Cap
The table below lists competitors of Baillie Gifford US Growth Trust PLC ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Dunedin Income Growth Investment Trust PLC
LSE:DIG
|
$328.63 |
|
TLOU ENERGY LIMITED
XBOT:TLOU-EQO
|
$328.79 |
|
Hansa Trust
LSE:HAN
|
$329.10 |
|
Majedie Investments
LSE:MAJE
|
$329.65 |
|
Waves Singer Pakistan Ltd
KAR:WAVES
|
$328.54 |
|
Amer Group Holding
EGX:AMER
|
$327.99 |
|
Great Basin Energies Inc
PINK:GBEI
|
$327.69 |
|
MONDO TV (MJE.SG)
STU:MJE
|
$327.03 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Baillie Gifford US Growth Trust PLC's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 643,933,000 to 743,790,000, a change of 99,857,000 (15.5%).
- Net income of 135,361,000 contributed positively to equity growth.
- Share repurchases of 36,285,000 reduced equity.
- Other comprehensive income decreased equity by 416,489,000.
- Other factors increased equity by 417,270,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | GBX135.36 Million | +18.2% |
| Share Repurchases | GBX36.28 Million | -4.88% |
| Other Comprehensive Income | GBX-416.49 Million | -56.0% |
| Other Changes | GBX417.27 Million | +56.1% |
| Total Change | GBX- | 15.51% |
Book Value vs Market Value Analysis
This analysis compares Baillie Gifford US Growth 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: 110.42x
- 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 26.00x to 110.42x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-05-31 | GBX10.96 | GBX285.00 | x |
| 2020-05-31 | GBX1.96 | GBX285.00 | x |
| 2021-05-31 | GBX3.19 | GBX285.00 | x |
| 2022-05-31 | GBX1.90 | GBX285.00 | x |
| 2023-05-31 | GBX1.85 | GBX285.00 | x |
| 2024-05-31 | GBX2.12 | GBX285.00 | x |
| 2025-05-31 | GBX2.58 | GBX285.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Baillie Gifford US Growth 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): 18.20%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 97.29%
- • Asset Turnover: 0.18x
- • Equity Multiplier: 1.05x
- Recent ROE (18.20%) is above the historical average (7.59%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 17.01% | 1332.01% | 0.01x | 1.04x | GBX20.32 Million |
| 2020 | 29.02% | 99.67% | 0.28x | 1.03x | GBX90.56 Million |
| 2021 | 32.99% | 99.80% | 0.32x | 1.03x | GBX208.93 Million |
| 2022 | -55.28% | 0.00% | -0.52x | 1.07x | GBX-381.33 Million |
| 2023 | -2.74% | 0.00% | -0.02x | 1.07x | GBX-72.45 Million |
| 2024 | 13.96% | 99.14% | 0.13x | 1.06x | GBX25.49 Million |
| 2025 | 18.20% | 97.29% | 0.18x | 1.05x | GBX60.98 Million |
Industry Comparison
This section compares Baillie Gifford US Growth Trust PLC's net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $381,578,830
- Average return on equity (ROE) among peers: 2.08%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Baillie Gifford US Growth Trust PLC (USA) | GBX834.72 Million | 17.01% | 0.05x | $328.59 |
| 3I Infrastructure PLC (3IN) | $1.25 Billion | 6.43% | 0.14x | $396.99K |
| 450 PLC (450) | $5.16 Million | -13.53% | 0.02x | $1.71K |
| abrdn Asian Income Fund Limited (AAIF) | $398.87 Million | 2.19% | 0.09x | $340.47 |
| Abrdn Asia Focus PLC (AAS) | $109.83 Million | -14.86% | 0.05x | $438.52 |
| Albion Technology & General VCT PLC (AATG) | $72.65 Million | 5.77% | 0.01x | $73.82 |
| Aberdeen Diversified Income and Growth Trust PLC (ADIG) | $343.29 Million | -4.87% | 0.24x | $16.84 |
| Aquila Energy Efficiency Trust PLC (AEET) | $97.38 Million | -0.64% | 0.00x | $2.38K |
| Aquila European Renewables Income PLC (AERI) | $316.90 Million | -0.37% | 0.13x | $2.47K |
| Artemis UK Future Leaders plc (AFL) | $111.28 Million | 27.82% | 0.00x | $409.33 |
| AVI Global Trust PLC (AGT) | $1.11 Billion | 12.82% | 0.15x | $2.81 Million |