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78.58 €
Stock price
01/27/202317:35
Key Financial Information

Net asset value

Net asset value in EUR per share
09/30/2022

€ 112.39

Total net asset value
09/30/2022

€ 17,196 M

Discount
09/30/2022

36.00 %
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Detailed net asset value as of September 30, 2022

% In capital

Share price (in EUR)

EUR million

Listed investments 12,477
Pernod Ricard 7.71 188.85 3,757
SGS 19.11 2,222.57 3,183
adidas 7.14 118.88 1,630
Imerys 54.64 31.06 1,441
Umicore 15.92 30.13 1,182
Holcim 2.14 42.86 564
GEA 6.41 379
Mowi 3.50 33.34 237
Ontex 19.98 5.52 91
TotalEnergies 0.01 48.28 13
Private investments 4,421
Webhelp 61.83 1,712
Canyon 50.01 429
Parques Reunidos 23.00 282
Voodoo 16.18 270
Other 0
Portfolio 19,567
Treasury shares 751
Gross debt (4,281)
Cash and cash equivalents 1,158
Net asset value (global) 17,196
Net asset value (in EUR per share) 112.39
Share price (in EUR per share) 71.88
Discount (in %) 36.0 %

Historic data (total NAV) since 1998

NAV per share and stock price of GBL since 2004

 

Principles

The change in GBL’s net asset value is, together with the change in its stock price, cash earnings and result, an important criterion for assessing the performance of the group.

The net asset value is a conventional reference obtained by adding gross cash and treasury shares to the fair value of the investment portfolio and deducting gross debt.

The following valuation principles are applied for the portfolio:

  • investments in listed companies and treasury shares are valued at the closing price. However, the value of shares underlying any commitments made by the group is capped at the conversion/exercise price;
  • investments in unlisted companies are valued on a quarterly basis at their fair value in line with the recommendations of the International Private Equity and Venture Capital Valuation Guidelines (IPEV). Recent investments are valued at their acquisition cost, provided that these valuations are considered as the best estimates of fair value;
  • regarding the portfolio of Sienna Investment Managers, the valuation corresponds to the sum of its investments, at fair value based on elements provided by the fund managers, to which is added Sienna Investment Managers net cash or, where applicable, to which is deducted Sienna Investment Managers external net debt.

GBL’s net asset value is reported together with the results’ publication on a quarterly basis.

Some minor events may not have been taken into account in the value reported. The combined effect of these factors may not exceed 2% of the net asset value.

The number of GBL shares used to calculate the net asset value per share is the number of company shares outstanding on the valuation date.

Main navigation

  • About GBL
      About GBL
    • Our purpose
    • Shareholding
    • Governance
      • Board of Directors
      • Board Committees
      • Management
      • Organization
      • Corporate governance
    • ESG
      • Sustainability
      • GBL ACT
      • ESG glossary
    • Risk Management
    • Business model
  • Portfolio
      Portfolio
    • Listed investments
      • adidas
      • GEA
      • Holcim
      • Imerys
      • Mowi
      • Ontex
      • Pernod Ricard
      • SGS
      • Umicore
    • Private investments
      • Affidea
      • Canyon
      • Parques Reunidos
      • Sanoptis
      • Voodoo
      • Webhelp
    • Alternative investments - Sienna
      • FUNDS
        NON-DIGITAL ASSETS
        • C2 Capital
        • Carlyle
        • Ergon Capital
        • Kartesia
        • Mérieux Développement
        • PrimeStone
        • Sagard (excl. NewGen)
      • DIGITAL FUNDS
        DIGITAL ASSETS
        • 468 Capital
        • Backed
        • Human Capital
        • Griffin Gaming Partners
        • Innovius Capital
        • Marcho Partners
        • Sagard NewGen
        • South Park Commons
        • Stripes
      • DIRECT/CO-INVESTMENTS
        NON-DIGITAL ASSETS
        • CEPSA
        • Upfield
      • DIRECT/CO-INVESTMENTS
        DIGITAL ASSETS
        • Cosmetics company
        • Globality
  • Investors
      Investors
    • GBL Share
      • Stock price & key share information
      • Dividend
      • Total Shareholder Return
      • Capital and form of shares
      • Voting rights and denominator
      • Transactions on GBL shares
    • Key Financial Information
      • Net asset value
      • Net financial position
      • Credit rating
      • Consolidated net result & Cash earnings
      • Glossary
    • Analysts
    • General Meeting
    • Financial Calendar
    • Capital Markets Day
    • Prospectus
  • Careers
  • Media Center
      Media Center
    • Press releases
    • Annual & Half-year reports
    • IR Presentations
    • Analyst Presentations
    • Voting rights and denominator
    • Transactions on GBL shares
    • Subscription Form

Groupe Bruxelles Lambert (GBL)

Avenue Marnix 24
B-1000 Brussels

Contact

Carine Dumasy
+32 2 289 17 17
cdumasy@gbl.be

Investor Relations

Alison Donohoe
+32 2 289 17 64
adonohoe@gbl.be
 

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