Hammerson plc
Hammerson Plc is the largest UK-listed, pure-play owner and manager of prime retail and leisure anchored city destinations across the UK, France and Ireland. We own, manage and invest in landmark city destinations integrating retail, leisure and community hubs to meet evolving customer and occupier needs while delivering sustainable long-term growth for our stakeholders. Our 10 city locations ran… Read more
Hammerson plc (HMSNF) - Net Assets
Latest net assets as of December 2025: $2.09 Billion USD
Based on the latest financial reports, Hammerson plc (HMSNF) has net assets worth $2.09 Billion USD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($3.93 Billion) and total liabilities ($1.84 Billion). 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 | $2.09 Billion |
| % of Total Assets | 53.29% |
| Annual Growth Rate | 1.87% |
| 5-Year Change | -23.73% |
| 10-Year Change | -64.24% |
| Growth Volatility | 18.29 |
Hammerson plc - Net Assets Trend (1985–2025)
This chart illustrates how Hammerson 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 Hammerson plc (1985–2025)
The table below shows the annual net assets of Hammerson plc from 1985 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $2.09 Billion | +15.01% |
| 2024-12-31 | $1.82 Billion | -26.05% |
| 2023-12-31 | $2.46 Billion | -4.79% |
| 2022-12-31 | $2.59 Billion | -5.81% |
| 2021-12-31 | $2.75 Billion | -14.43% |
| 2020-12-31 | $3.21 Billion | -26.69% |
| 2019-12-31 | $4.38 Billion | -19.43% |
| 2018-12-31 | $5.43 Billion | -10.01% |
| 2017-12-31 | $6.04 Billion | +3.08% |
| 2016-12-31 | $5.86 Billion | +4.85% |
| 2015-12-31 | $5.59 Billion | +10.73% |
| 2014-12-31 | $5.05 Billion | +21.96% |
| 2013-12-31 | $4.14 Billion | +5.37% |
| 2012-12-31 | $3.93 Billion | +2.01% |
| 2011-12-31 | $3.85 Billion | +8.35% |
| 2010-12-31 | $3.55 Billion | +17.49% |
| 2009-12-31 | $3.02 Billion | +3.89% |
| 2008-12-31 | $2.91 Billion | -34.24% |
| 2007-12-31 | $4.42 Billion | +4.82% |
| 2006-12-31 | $4.22 Billion | +32.94% |
| 2005-12-31 | $3.18 Billion | +29.52% |
| 2004-12-31 | $2.45 Billion | +11.20% |
| 2003-12-31 | $2.20 Billion | +5.79% |
| 2002-12-31 | $2.08 Billion | +0.29% |
| 2001-12-31 | $2.08 Billion | +5.48% |
| 2000-12-31 | $1.97 Billion | +12.49% |
| 1999-12-31 | $1.75 Billion | +20.01% |
| 1998-12-31 | $1.46 Billion | +13.55% |
| 1997-12-31 | $1.29 Billion | +11.23% |
| 1996-12-31 | $1.16 Billion | +1.58% |
| 1995-12-31 | $1.14 Billion | +3.09% |
| 1994-12-31 | $1.10 Billion | +24.78% |
| 1993-12-31 | $884.30 Million | +15.73% |
| 1992-12-31 | $764.10 Million | -30.20% |
| 1991-12-31 | $1.09 Billion | -23.11% |
| 1990-12-31 | $1.42 Billion | -25.04% |
| 1989-12-31 | $1.90 Billion | +6.18% |
| 1988-12-31 | $1.79 Billion | +56.41% |
| 1987-12-31 | $1.14 Billion | +6.87% |
| 1986-12-31 | $1.07 Billion | +7.09% |
| 1985-12-31 | $999.32 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Hammerson 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 2726.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $1.61 Billion | 76.86% |
| Common Stock | $26.60 Million | 1.27% |
| Other Comprehensive Income | $225.86 Million | 10.78% |
| Other Components | $232.26 Million | 11.09% |
| Total Equity | $2.09 Billion | 100.00% |
Hammerson plc Competitors by Market Cap
The table below lists competitors of Hammerson plc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shanghai V-Test Semiconductor Tech Co. Ltd. A
SHG:688372
|
$1.81 Billion |
|
CITIC Pacific Special Steel Group Co Ltd
SHE:000708
|
$1.81 Billion |
|
Agilysys Inc
NASDAQ:AGYS
|
$1.81 Billion |
|
National Storage REIT
PINK:NTSGF
|
$1.81 Billion |
|
Qingdao Huicheng Environmental Co Ltd
SHE:300779
|
$1.81 Billion |
|
Xizang Haisco Pharmaceutical Group Co Ltd
SHE:002653
|
$1.81 Billion |
|
PennyMac Mortgage Investment Trust
NYSE:PMTW
|
$1.81 Billion |
|
Metallurgical Corporation of China Ltd
F:6MT
|
$1.81 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hammerson plc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,821,100,000 to 2,094,460,541, a change of 273,360,541 (15.0%).
- Net income of 232,062,388 contributed positively to equity growth.
- Dividend payments of 74,987,846 reduced retained earnings.
- Share repurchases of 30,894,992 reduced equity.
- Other comprehensive income decreased equity by 91,436,606.
- Other factors increased equity by 238,617,597.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $232.06 Million | +11.08% |
| Dividends Paid | $74.99 Million | -3.58% |
| Share Repurchases | $30.89 Million | -1.48% |
| Other Comprehensive Income | $-91.44 Million | -4.37% |
| Other Changes | $238.62 Million | +11.39% |
| Total Change | $- | 15.01% |
Book Value vs Market Value Analysis
This analysis compares Hammerson 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: 1.13x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 20.77x to 1.13x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1985-12-31 | $0.17 | $3.46 | x |
| 1986-12-31 | $0.18 | $3.46 | x |
| 1987-12-31 | $0.19 | $3.46 | x |
| 1988-12-31 | $0.31 | $3.46 | x |
| 1989-12-31 | $0.33 | $3.46 | x |
| 1990-12-31 | $0.26 | $3.46 | x |
| 1991-12-31 | $0.20 | $3.46 | x |
| 1992-12-31 | $0.14 | $3.46 | x |
| 1993-12-31 | $0.16 | $3.46 | x |
| 1994-12-31 | $0.20 | $3.46 | x |
| 1995-12-31 | $0.20 | $3.46 | x |
| 1996-12-31 | $0.20 | $3.46 | x |
| 1997-12-31 | $0.23 | $3.46 | x |
| 1998-12-31 | $0.26 | $3.46 | x |
| 1999-12-31 | $0.32 | $3.46 | x |
| 2000-12-31 | $0.36 | $3.46 | x |
| 2001-12-31 | $0.38 | $3.46 | x |
| 2002-12-31 | $0.38 | $3.46 | x |
| 2003-12-31 | $0.40 | $3.46 | x |
| 2004-12-31 | $0.45 | $3.46 | x |
| 2005-12-31 | $0.58 | $3.46 | x |
| 2006-12-31 | $0.77 | $3.46 | x |
| 2007-12-31 | $0.81 | $3.46 | x |
| 2008-12-31 | $0.52 | $3.46 | x |
| 2009-12-31 | $0.55 | $3.46 | x |
| 2010-12-31 | $0.64 | $3.46 | x |
| 2011-12-31 | $0.70 | $3.46 | x |
| 2012-12-31 | $0.71 | $3.46 | x |
| 2013-12-31 | $0.75 | $3.46 | x |
| 2014-12-31 | $0.92 | $3.46 | x |
| 2015-12-31 | $1.02 | $3.46 | x |
| 2016-12-31 | $1.07 | $3.46 | x |
| 2017-12-31 | $1.12 | $3.46 | x |
| 2018-12-31 | $1.01 | $3.46 | x |
| 2019-12-31 | $1.24 | $3.46 | x |
| 2020-12-31 | $0.59 | $3.46 | x |
| 2021-12-31 | $0.51 | $3.46 | x |
| 2022-12-31 | $0.48 | $3.46 | x |
| 2023-12-31 | $0.46 | $3.46 | x |
| 2024-12-31 | $3.67 | $3.46 | x |
| 2025-12-31 | $3.07 | $3.46 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hammerson 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): 11.08%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 268.95%
- • Asset Turnover: 0.02x
- • Equity Multiplier: 1.88x
- Recent ROE (11.08%) is above the historical average (0.55%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1985 | 3.85% | 25.79% | 0.09x | 1.71x | $-55.32 Million |
| 1986 | 3.27% | 18.56% | 0.10x | 1.79x | $-65.28 Million |
| 1987 | 4.92% | 36.92% | 0.08x | 1.66x | $-53.40 Million |
| 1988 | 3.64% | 30.97% | 0.08x | 1.51x | $-106.00 Million |
| 1989 | 3.87% | 37.29% | 0.07x | 1.54x | $-108.51 Million |
| 1990 | 2.90% | 17.11% | 0.10x | 1.69x | $-98.21 Million |
| 1991 | -5.58% | -35.56% | 0.08x | 1.94x | $-165.20 Million |
| 1992 | -0.66% | -2.53% | 0.11x | 2.42x | $-79.13 Million |
| 1993 | 3.41% | 16.32% | 0.10x | 1.99x | $-56.72 Million |
| 1994 | 8.86% | 56.76% | 0.09x | 1.82x | $-12.11 Million |
| 1995 | 3.45% | 21.78% | 0.09x | 1.78x | $-69.76 Million |
| 1996 | 4.87% | 33.17% | 0.08x | 1.83x | $-56.50 Million |
| 1997 | 3.59% | 36.41% | 0.06x | 1.65x | $-80.28 Million |
| 1998 | 4.75% | 43.46% | 0.06x | 1.93x | $-73.47 Million |
| 1999 | 5.13% | 60.99% | 0.05x | 1.71x | $-84.07 Million |
| 2000 | 4.11% | 48.04% | 0.05x | 1.85x | $-114.03 Million |
| 2001 | 3.73% | 41.28% | 0.05x | 1.88x | $-127.92 Million |
| 2002 | 3.70% | 38.36% | 0.05x | 2.11x | $-128.82 Million |
| 2003 | 2.32% | 24.45% | 0.05x | 1.98x | $-166.38 Million |
| 2004 | 17.90% | 196.45% | 0.05x | 2.01x | $190.38 Million |
| 2005 | 17.74% | 222.47% | 0.04x | 1.94x | $241.82 Million |
| 2006 | 24.41% | 365.53% | 0.04x | 1.69x | $600.39 Million |
| 2007 | 2.32% | 32.42% | 0.04x | 1.75x | $-334.46 Million |
| 2008 | -55.75% | -456.89% | 0.05x | 2.44x | $-1.85 Billion |
| 2009 | -11.68% | -100.06% | 0.06x | 1.92x | $-639.47 Million |
| 2010 | 17.68% | 185.36% | 0.06x | 1.66x | $267.40 Million |
| 2011 | 8.90% | 109.74% | 0.05x | 1.66x | $-41.49 Million |
| 2012 | 3.59% | 21.30% | 0.10x | 1.66x | $-246.72 Million |
| 2013 | 8.31% | 48.17% | 0.10x | 1.68x | $-68.59 Million |
| 2014 | 14.06% | 156.19% | 0.06x | 1.54x | $201.73 Million |
| 2015 | 13.17% | 141.57% | 0.06x | 1.62x | $175.07 Million |
| 2016 | 5.49% | 58.07% | 0.06x | 1.70x | $-260.26 Million |
| 2017 | 6.45% | 156.05% | 0.03x | 1.64x | $-213.95 Million |
| 2018 | -4.94% | -95.04% | 0.03x | 1.64x | $-811.36 Million |
| 2019 | -13.15% | -438.13% | 0.02x | 1.67x | $-1.01 Billion |
| 2020 | -54.07% | -788.95% | 0.04x | 1.84x | $-2.06 Billion |
| 2021 | -15.63% | -336.02% | 0.03x | 1.79x | $-703.69 Million |
| 2022 | -6.35% | -57.01% | 0.06x | 1.75x | $-422.84 Million |
| 2023 | -2.09% | -40.22% | 0.03x | 1.76x | $-297.66 Million |
| 2024 | -28.90% | -450.99% | 0.03x | 1.91x | $-708.41 Million |
| 2025 | 11.08% | 268.95% | 0.02x | 1.88x | $22.62 Million |
Industry Comparison
This section compares Hammerson 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 |
|---|---|---|---|---|
| Hammerson plc (HMSNF) | $2.09 Billion | 3.85% | 0.88x | $1.81 Billion |
| Agree Realty Corporation (ADC) | $137.98 Million | 10.88% | 0.90x | $9.38 Billion |
| AEORF (AEORF) | $210.91 Billion | 5.61% | 0.83x | $1.34 Billion |
| Acadia Realty Trust (AKR) | $83.00 Million | 4.58% | 2.01x | $2.66 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 | $517.13 Million |
| Saul Centers Inc (BFS) | $-4.60 Million | 0.00% | 0.00x | $453.98 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 | $698.15 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 |