BLE Kedros R.E.I.C.
Ble Kedros REIC operates in the field of real estate investment, development, and management activities. The company was founded in 2014 and is based in Athens, Greece.
BLE Kedros R.E.I.C. (BLEKEDROS) - Net Assets
Latest net assets as of June 2025: €120.55 Million EUR
Based on the latest financial reports, BLE Kedros R.E.I.C. (BLEKEDROS) has net assets worth €120.55 Million EUR as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€147.37 Million) and total liabilities (€26.81 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 | €120.55 Million |
| % of Total Assets | 81.8% |
| Annual Growth Rate | 10.52% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 9.36 |
BLE Kedros R.E.I.C. - Net Assets Trend (2020–2024)
This chart illustrates how BLE Kedros R.E.I.C.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for BLE Kedros R.E.I.C. (2020–2024)
The table below shows the annual net assets of BLE Kedros R.E.I.C. from 2020 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €117.13 Million | +5.82% |
| 2023-12-31 | €110.69 Million | -0.40% |
| 2022-12-31 | €111.14 Million | +13.54% |
| 2021-12-31 | €97.88 Million | +24.67% |
| 2020-12-31 | €78.51 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to BLE Kedros R.E.I.C.'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 26.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €53.86 Million | 45.98% |
| Other Components | €63.27 Million | 54.02% |
| Total Equity | €117.13 Million | 100.00% |
BLE Kedros R.E.I.C. Competitors by Market Cap
The table below lists competitors of BLE Kedros R.E.I.C. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
TRUE KOSPI Short Strangle 5% OT
KO:570019
|
$41.07K |
|
Hunter Technology Corp
PINK:HOILF
|
$41.07K |
|
Medixall Group Inc
PINK:MDXL
|
$41.10K |
|
noco-noco Inc. Ordinary Share
NASDAQ:NCNC
|
$41.15K |
|
Meryllion Resources Corp
PINK:MYRLF
|
$40.89K |
|
MCH Group Ltd
STU:MEF1
|
$40.88K |
|
Troy Resources Limited
PINK:TRYRF
|
$40.85K |
|
KINGSGATE CONSOLID
MU:KCN
|
$40.84K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in BLE Kedros R.E.I.C.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 110,688,079 to 117,128,608, a change of 6,440,529 (5.8%).
- Net income of 9,055,371 contributed positively to equity growth.
- Dividend payments of 1,559,520 reduced retained earnings.
- Share repurchases of 986,453 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €9.06 Million | +7.73% |
| Dividends Paid | €1.56 Million | -1.33% |
| Share Repurchases | €986.45K | -0.84% |
| Other Changes | €-68.87K | -0.06% |
| Total Change | €- | 5.82% |
Book Value vs Market Value Analysis
This analysis compares BLE Kedros R.E.I.C.'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: 1.50x
- 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 2.38x to 1.50x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | €1.82 | €4.32 | x |
| 2021-12-31 | €2.27 | €4.32 | x |
| 2022-12-31 | €2.61 | €4.32 | x |
| 2023-12-31 | €2.56 | €4.32 | x |
| 2024-12-31 | €2.88 | €4.32 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently BLE Kedros R.E.I.C. 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): 7.73%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 61.89%
- • Asset Turnover: 0.10x
- • Equity Multiplier: 1.22x
- Recent ROE (7.73%) is above the historical average (6.80%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | -3.46% | -78.28% | 0.04x | 1.08x | €-10.57 Million |
| 2021 | 21.05% | 433.23% | 0.05x | 1.06x | €10.81 Million |
| 2022 | 1.75% | 31.34% | 0.05x | 1.09x | €-9.17 Million |
| 2023 | 6.94% | 114.59% | 0.06x | 1.10x | €-3.39 Million |
| 2024 | 7.73% | 61.89% | 0.10x | 1.22x | €-2.66 Million |
Industry Comparison
This section compares BLE Kedros R.E.I.C.'s net assets metrics with peer companies in the REIT - Diversified industry.
Industry Context
- Industry: REIT - Diversified
- Average net assets among peers: $59,504,198
- Average return on equity (ROE) among peers: -6.09%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| BLE Kedros R.E.I.C. (BLEKEDROS) | €120.55 Million | -3.46% | 0.22x | $40.98K |
| Trastor Real Estate Investment Company SA (TRASTOR) | $59.50 Million | -6.09% | 0.10x | $4.35 Million |