VPC Specialty Lending Investments PLC

LSE:VSL UK Asset Management
Market Cap
$422.38K
GBX3.47 Billion GBX
Market Cap Rank
#50702 Global
#1564 in UK
Share Price
GBX12.48
Change (1 day)
+0.40%
52-Week Range
GBX12.35 - GBX30.30
All Time High
GBX60.54
About

VPC Specialty Lending Investments Plc specializes in opportunities within the specialty lending market primarily through online lending platforms.

VPC Specialty Lending Investments PLC (VSL) - Net Assets

Latest net assets as of June 2025: GBX78.63 Million GBX

Based on the latest financial reports, VPC Specialty Lending Investments PLC (VSL) has net assets worth GBX78.63 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 (GBX80.97 Million) and total liabilities (GBX2.34 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 GBX78.63 Million
% of Total Assets 97.11%
Annual Growth Rate -11.89%
5-Year Change -45.78%
10-Year Change N/A
Growth Volatility 12.97

VPC Specialty Lending Investments PLC - Net Assets Trend (2015–2024)

This chart illustrates how VPC Specialty Lending Investments 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 VPC Specialty Lending Investments PLC (2015–2024)

The table below shows the annual net assets of VPC Specialty Lending Investments PLC from 2015 to 2024.

Year Net Assets Change
2024-12-31 GBX146.69 Million -34.84%
2023-12-31 GBX225.14 Million -17.60%
2022-12-31 GBX273.23 Million -13.99%
2021-12-31 GBX317.66 Million +17.41%
2020-12-31 GBX270.56 Million -7.20%
2019-12-31 GBX291.54 Million -11.11%
2018-12-31 GBX327.98 Million -3.60%
2017-12-31 GBX340.24 Million -14.50%
2016-12-31 GBX397.97 Million -13.20%
2015-12-31 GBX458.51 Million --

Equity Component Analysis

This analysis shows how different components contribute to VPC Specialty Lending Investments 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 30.9% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings GBX136.97 Million 93.37%
Common Stock GBX20.30 Million 13.84%
Other Comprehensive Income GBX-61.62 Million -42.01%
Other Components GBX51.04 Million 34.79%
Total Equity GBX146.69 Million 100.00%

VPC Specialty Lending Investments PLC Competitors by Market Cap

The table below lists competitors of VPC Specialty Lending Investments PLC ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in VPC Specialty Lending Investments PLC's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 225,140,151 to 146,690,718, a change of -78,449,433 (-34.8%).
  • Net loss of 46,777,155 reduced equity.
  • Dividend payments of 19,813,279 reduced retained earnings.
  • Share repurchases of 11,859,000 reduced equity.
  • Other comprehensive income decreased equity by 75,689,600.
  • Other factors increased equity by 75,689,601.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income GBX-46.78 Million -31.89%
Dividends Paid GBX19.81 Million -13.51%
Share Repurchases GBX11.86 Million -8.08%
Other Comprehensive Income GBX-75.69 Million -51.6%
Other Changes GBX75.69 Million +51.6%
Total Change GBX- -34.84%

Book Value vs Market Value Analysis

This analysis compares VPC Specialty Lending Investments 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: 23.67x
  • 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 8.19x to 23.67x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2015-12-31 GBX1.52 GBX12.48 x
2016-12-31 GBX0.95 GBX12.48 x
2017-12-31 GBX0.90 GBX12.48 x
2018-12-31 GBX0.90 GBX12.48 x
2019-12-31 GBX0.87 GBX12.48 x
2020-12-31 GBX0.92 GBX12.48 x
2021-12-31 GBX1.14 GBX12.48 x
2022-12-31 GBX0.98 GBX12.48 x
2023-12-31 GBX0.81 GBX12.48 x
2024-12-31 GBX0.53 GBX12.48 x

Capital Efficiency Dashboard

This dashboard shows how efficiently VPC Specialty Lending Investments 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): -31.89%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 0.00%
  • • Asset Turnover: -0.26x
  • • Equity Multiplier: 1.16x
  • Recent ROE (-31.89%) is below the historical average (0.46%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2015 3.74% 46.82% 0.05x 1.67x GBX-24.08 Million
2016 0.61% 3.56% 0.10x 1.67x GBX-34.10 Million
2017 2.71% 46.31% 0.05x 1.17x GBX-24.76 Million
2018 8.73% 90.03% 0.08x 1.18x GBX-4.16 Million
2019 8.74% 90.98% 0.07x 1.42x GBX-3.68 Million
2020 8.46% 89.72% 0.07x 1.34x GBX-4.17 Million
2021 23.04% 95.56% 0.17x 1.39x GBX41.42 Million
2022 -8.10% -56.14% 0.10x 1.38x GBX-49.45 Million
2023 -11.47% -66.14% 0.15x 1.17x GBX-48.34 Million
2024 -31.89% 0.00% -0.26x 1.16x GBX-61.45 Million

Industry Comparison

This section compares VPC Specialty Lending Investments PLC'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
VPC Specialty Lending Investments PLC (VSL) GBX78.63 Million 3.74% 0.03x $13.87
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