Capital & Regional Plc
Capital & Regional is a UK focused retail property REIT specialising in shopping centres that dominate their catchment, serving the non-discretionary and value orientated needs of the local communities. It has a track record of delivering value enhancing retail and leisure asset management opportunities across a portfolio of tailored in-town community shopping centres. Using its expert property a… Read more
Capital & Regional Plc (CRPLF) - Net Assets
Latest net assets as of June 2024: $203.90 Million USD
Based on the latest financial reports, Capital & Regional Plc (CRPLF) has net assets worth $203.90 Million USD as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($457.80 Million) and total liabilities ($253.90 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 | $203.90 Million |
| % of Total Assets | 44.54% |
| Annual Growth Rate | -13.48% |
| 5-Year Change | -59.35% |
| 10-Year Change | N/A |
| Growth Volatility | 27.8 |
Capital & Regional Plc - Net Assets Trend (2017–2023)
This chart illustrates how Capital & Regional 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 Capital & Regional Plc (2017–2023)
The table below shows the annual net assets of Capital & Regional Plc from 2017 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $202.00 Million | +12.79% |
| 2022-12-31 | $179.10 Million | +6.35% |
| 2021-12-31 | $168.40 Million | +0.78% |
| 2020-12-31 | $167.10 Million | -66.37% |
| 2019-12-31 | $496.91 Million | +14.76% |
| 2018-12-31 | $433.00 Million | -10.05% |
| 2017-12-31 | $481.40 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Capital & Regional 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 61.5% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $94.80 Million | 46.93% |
| Common Stock | $22.50 Million | 11.14% |
| Other Components | $84.70 Million | 41.93% |
| Total Equity | $202.00 Million | 100.00% |
Capital & Regional Plc Competitors by Market Cap
The table below lists competitors of Capital & Regional Plc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Fortune Rise Acquisition Corp
NASDAQ:FRLA
|
$36.81 Million |
|
Singular Genomics Systems Inc
NASDAQ:OMIC
|
$36.81 Million |
|
DLH Holdings Corp
NASDAQ:DLHC
|
$36.82 Million |
|
INSTAL KRAKÓW SA
WAR:INK
|
$36.83 Million |
|
Mobile Appliance Inc.
KQ:087260
|
$36.80 Million |
|
Pinago Utama Tbk Pt
JK:PNGO
|
$36.80 Million |
|
Anam Electroni
KO:008700
|
$36.80 Million |
|
PharmAust Ltd
F:ECQ
|
$36.79 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Capital & Regional Plc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 179,100,000 to 202,000,000, a change of 22,900,000 (12.8%).
- Net income of 3,700,000 contributed positively to equity growth.
- Dividend payments of 5,200,000 reduced retained earnings.
- New share issuances of 25,000,000 increased equity.
- Other comprehensive income decreased equity by 60,300,000.
- Other factors increased equity by 59,700,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $3.70 Million | +1.83% |
| Dividends Paid | $5.20 Million | -2.57% |
| Share Issuances | $25.00 Million | +12.38% |
| Other Comprehensive Income | $-60.30 Million | -29.85% |
| Other Changes | $59.70 Million | +29.55% |
| Total Change | $- | 12.79% |
Book Value vs Market Value Analysis
This analysis compares Capital & Regional 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: 0.67x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has increased from 0.11x to 0.67x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | $6.70 | $0.71 | x |
| 2018-12-31 | $5.96 | $0.71 | x |
| 2019-12-31 | $4.51 | $0.71 | x |
| 2020-12-31 | $1.52 | $0.71 | x |
| 2021-12-31 | $1.39 | $0.71 | x |
| 2022-12-31 | $1.05 | $0.71 | x |
| 2023-12-31 | $1.05 | $0.71 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Capital & Regional 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): 1.83%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.27%
- • Asset Turnover: 0.13x
- • Equity Multiplier: 2.27x
- Recent ROE (1.83%) is above the historical average (-23.04%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 4.65% | 25.11% | 0.09x | 2.09x | $-25.74 Million |
| 2018 | -5.91% | -28.13% | 0.09x | 2.23x | $-68.90 Million |
| 2019 | -32.26% | -136.11% | 0.10x | 2.40x | $-209.99 Million |
| 2020 | -122.02% | -274.43% | 0.11x | 4.01x | $-220.61 Million |
| 2021 | -10.51% | -23.82% | 0.12x | 3.78x | $-34.54 Million |
| 2022 | 2.96% | 7.25% | 0.17x | 2.36x | $-12.61 Million |
| 2023 | 1.83% | 6.27% | 0.13x | 2.27x | $-16.50 Million |
Industry Comparison
This section compares Capital & Regional Plc's net assets metrics with peer companies in the REIT - Retail industry.
Industry Context
- Industry: REIT - Retail
- Average net assets among peers: $22,048,860,627
- Average return on equity (ROE) among peers: 3.28%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Capital & Regional Plc (CRPLF) | $203.90 Million | 4.65% | 1.25x | $36.81 Million |
| Agree Realty Corporation (ADC) | $137.98 Million | 10.88% | 0.90x | $9.41 Billion |
| AEORF (AEORF) | $210.91 Billion | 5.61% | 0.83x | $1.34 Billion |
| Acadia Realty Trust (AKR) | $83.00 Million | 4.58% | 2.01x | $2.69 Billion |
| Alexander & Baldwin Holdings Inc (ALEX) | $1.07 Billion | 3.30% | 0.75x | $1.50 Billion |
| Alexanders Inc (ALX) | $50.92 Million | -34.84% | 17.09x | $515.62 Million |
| Saul Centers Inc (BFS) | $-4.60 Million | 0.00% | 0.00x | $453.57 Million |
| Brixmor Property (BRX) | $2.72 Billion | 9.94% | 2.08x | $8.61 Billion |
| CBL & Associates Properties Inc (CBL) | $1.08 Billion | 10.83% | 4.49x | $694.28 Million |
| Capital & Counties Properties PLC (CCPPF) | $2.51 Billion | 17.90% | 0.23x | $1.88 Billion |
| CapitaLand China Trust (CLDHF) | $1.93 Billion | 4.63% | 1.02x | $745.61 Million |