Palmetto Real Estate Trust
Palmetto Real Estate Trust has been organized as a qualified real estate investment trust under the Internal Revenue Code and the applicable state laws. The primary business of the Trust is the ownership, development and rental of various properties throughout South Carolina. A substantial percentage of revenue is derived from tenants in one shopping center. The Trust generally does not require c… Read more
Palmetto Real Estate Trust (PTTTS) - Net Assets
Latest net assets as of September 2006: $4.97 Million USD
Based on the latest financial reports, Palmetto Real Estate Trust (PTTTS) has net assets worth $4.97 Million USD as of September 2006.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($14.17 Million) and total liabilities ($9.20 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 | $4.97 Million |
| % of Total Assets | 35.05% |
| Annual Growth Rate | 11.06% |
| 5-Year Change | 68.71% |
| 10-Year Change | N/A |
| Growth Volatility | 13.09 |
Palmetto Real Estate Trust - Net Assets Trend (2000–2005)
This chart illustrates how Palmetto Real Estate Trust's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Palmetto Real Estate Trust (2000–2005)
The table below shows the annual net assets of Palmetto Real Estate Trust from 2000 to 2005.
| Year | Net Assets | Change |
|---|---|---|
| 2005-12-31 | $4.87 Million | -3.99% |
| 2004-12-31 | $5.07 Million | +13.32% |
| 2003-12-31 | $4.48 Million | +32.90% |
| 2002-12-31 | $3.37 Million | +16.68% |
| 2001-12-31 | $2.89 Million | +0.14% |
| 2000-12-31 | $2.88 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Palmetto Real Estate Trust'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 323.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2005)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $2.60 Million | 53.42% |
| Common Stock | $1.77 Million | 36.34% |
| Other Components | $498.73K | 10.24% |
| Total Equity | $4.87 Million | 100.00% |
Palmetto Real Estate Trust Competitors by Market Cap
The table below lists competitors of Palmetto Real Estate Trust ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
HÖVELRAT Holding AG
HM:C9T
|
$69.06K |
|
VOXX INTL-A
MU:VOX
|
$69.06K |
|
Digital Power Communications Co. Ltd.
KQ:026890
|
$69.09K |
|
INVESCO MORTGA.CAP.DL-01
F:7M20
|
$69.09K |
|
GRAMMER
HM:GMM
|
$68.98K |
|
James Halstead PLC
LSE:JHD
|
$68.97K |
|
BELGACOM
MU:BX7
|
$68.91K |
|
POWER ASSETS (HEH.SG)
STU:HEH
|
$68.80K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Palmetto Real Estate Trust's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2004 to 2005, total equity changed from 5,073,053 to 4,870,575, a change of -202,478 (-4.0%).
- Net income of 928,556 contributed positively to equity growth.
- Dividend payments of 761,103 reduced retained earnings.
- Other factors decreased equity by 369,931.
Equity Change Factors (2004 to 2005)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $928.56K | +19.06% |
| Dividends Paid | $761.10K | -15.63% |
| Other Changes | $-369.93K | -7.6% |
| Total Change | $- | -3.99% |
Book Value vs Market Value Analysis
This analysis compares Palmetto Real Estate Trust'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: 2.54x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2002-12-31 | $0.00 | $7.00 | x |
| 2003-12-31 | $0.00 | $7.00 | x |
| 2004-12-31 | $0.00 | $7.00 | x |
| 2005-12-31 | $2.75 | $7.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Palmetto Real Estate Trust 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): 19.06%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 34.82%
- • Asset Turnover: 0.18x
- • Equity Multiplier: 2.99x
- Recent ROE (19.06%) is below the historical average (27.37%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 27.92% | 41.30% | 0.20x | 3.46x | $516.70K |
| 2001 | 23.59% | 33.91% | 0.19x | 3.76x | $392.30K |
| 2002 | 26.90% | 43.60% | 0.19x | 3.21x | $569.25K |
| 2003 | 40.97% | 85.77% | 0.17x | 2.87x | $1.39 Million |
| 2004 | 25.79% | 57.54% | 0.15x | 2.94x | $801.01K |
| 2005 | 19.06% | 34.82% | 0.18x | 2.99x | $441.50K |
Industry Comparison
This section compares Palmetto Real Estate Trust's net assets metrics with peer companies in the same industry.
Industry Context
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Palmetto Real Estate Trust (PTTTS) | $4.97 Million | 27.92% | 1.85x | $69.01K |
| Abcam plc (ABCZF) | $726.90 Million | -1.17% | 0.45x | $5.00 Billion |
| Able View Global Inc. Warrant (ABLVW) | $11.42 Million | 85.41% | 3.81x | $277.93K |
| Above Food Ingredients Inc. Warrants (ABVEW) | $199.86 Million | -2.89% | 0.00x | $6.25 Million |
| Adamas Trust, Inc. (ADAMG) | $2.43 Billion | 7.94% | 1.33x | $2.09 Billion |
| ADS-TEC ENERGY PLC Warrant (ADSEW) | $33.92 Million | -162.39% | 2.67x | $10.06 Million |
| Alliance Entertainment Holding Corporation Warrants (AENTW) | $52.92 Million | 10.13% | 4.23x | $2.29 Million |
| Forafric Global PLC Warrants (AFRIW) | $5.32 Million | -457.58% | 45.29x | $2.67 Million |
| Centurion Acquisition Corp. Warrant (ALFUW) | $282.84 Million | 1.97% | 0.05x | $4.81 Million |
| Alliance Trust PLC (ALITF) | $4.04 Billion | 10.04% | 0.29x | $112.87K |
| Alvotech Warrant (ALVOW) | $-564.42 Million | 0.00% | 0.00x | $35.01 Million |