LAMDA Development S.A.
LAMDA Development S.A., together with its subsidiaries, engages in the investment, development, and project management in commercial real estate market in Greece, Serbia, Romania, and Montenegro. Its development portfolio includes three shopping and leisure centers, including the Mall Athens and Golden Hall in Athens, as well as Mediterranean Cosmos in Thessaloniki; office complex in Greece and R… Read more
LAMDA Development S.A. (LAMDA) - Net Assets
Latest net assets as of September 2025: €1.34 Billion EUR
Based on the latest financial reports, LAMDA Development S.A. (LAMDA) has net assets worth €1.34 Billion EUR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€4.44 Billion) and total liabilities (€3.10 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 | €1.34 Billion |
| % of Total Assets | 30.23% |
| Annual Growth Rate | 12.39% |
| 5-Year Change | 13.22% |
| 10-Year Change | 245.54% |
| Growth Volatility | 48.89 |
LAMDA Development S.A. - Net Assets Trend (2014–2024)
This chart illustrates how LAMDA Development S.A.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for LAMDA Development S.A. (2014–2024)
The table below shows the annual net assets of LAMDA Development S.A. from 2014 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €1.25 Billion | +4.63% |
| 2023-12-31 | €1.19 Billion | +3.22% |
| 2022-12-31 | €1.15 Billion | -11.33% |
| 2021-12-31 | €1.30 Billion | +18.23% |
| 2020-12-31 | €1.10 Billion | -3.72% |
| 2019-12-31 | €1.14 Billion | +163.01% |
| 2018-12-31 | €434.62 Million | +15.17% |
| 2017-12-31 | €377.38 Million | +6.28% |
| 2016-12-31 | €355.07 Million | -1.53% |
| 2015-12-31 | €360.61 Million | -6.95% |
| 2014-12-31 | €387.52 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to LAMDA Development S.A.'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 3307.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €190.74 Million | 15.48% |
| Other Components | €1.04 Billion | 84.52% |
| Total Equity | €1.23 Billion | 100.00% |
LAMDA Development S.A. Competitors by Market Cap
The table below lists competitors of LAMDA Development S.A. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shinyoung Securities Co. Ltd.
KO:001720
|
$435.82 Million |
|
Sihui Fuji Electronics Technology Co Ltd
SHE:300852
|
$435.88 Million |
|
Three's Company Media Group Co Ltd
SHG:605168
|
$436.14 Million |
|
Plejd AB
ST:PLEJD
|
$436.15 Million |
|
Bank Tabungan Negara Persero
JK:BBTN
|
$435.78 Million |
|
Shenzhen Sunxing Light Alloys
SHG:603978
|
$435.68 Million |
|
Beijing Vastdata Technology Co Ltd
SHG:603138
|
$435.49 Million |
|
Raisio Oyj Series V
LSE:0CIJ
|
$435.46 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in LAMDA Development S.A.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,177,417,000 to 1,231,871,000, a change of 54,454,000 (4.6%).
- Net income of 46,253,000 contributed positively to equity growth.
- Share repurchases of 23,903,000 reduced equity.
- New share issuances of 25,026,000 increased equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €46.25 Million | +3.75% |
| Share Repurchases | €23.90 Million | -1.94% |
| Share Issuances | €25.03 Million | +2.03% |
| Other Changes | €7.08 Million | +0.57% |
| Total Change | €- | 4.62% |
Book Value vs Market Value Analysis
This analysis compares LAMDA Development S.A.'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: 0.88x
- 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 decreased from 1.44x to 0.88x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-12-31 | €4.29 | €6.20 | x |
| 2019-12-31 | €5.98 | €6.20 | x |
| 2020-12-31 | €5.69 | €6.20 | x |
| 2021-12-31 | €6.80 | €6.20 | x |
| 2022-12-31 | €6.62 | €6.20 | x |
| 2023-12-31 | €6.78 | €6.20 | x |
| 2024-12-31 | €7.06 | €6.20 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently LAMDA Development S.A. 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): 3.75%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.96%
- • Asset Turnover: 0.15x
- • Equity Multiplier: 3.60x
- Recent ROE (3.75%) is above the historical average (0.20%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | -6.05% | -54.88% | 0.05x | 2.07x | €-62.22 Million |
| 2015 | -6.11% | -61.50% | 0.05x | 2.03x | €-58.14 Million |
| 2016 | -0.89% | -6.38% | 0.07x | 1.99x | €-38.69 Million |
| 2017 | -15.44% | -53.87% | 0.09x | 3.12x | €-79.60 Million |
| 2018 | 11.92% | 54.00% | 0.07x | 2.95x | €6.82 Million |
| 2019 | 4.72% | 61.04% | 0.04x | 1.77x | €-55.86 Million |
| 2020 | -5.14% | -76.32% | 0.03x | 2.17x | €-152.33 Million |
| 2021 | 15.91% | 239.98% | 0.02x | 3.05x | €71.02 Million |
| 2022 | -2.72% | -22.17% | 0.03x | 3.63x | €-146.78 Million |
| 2023 | 2.29% | 5.99% | 0.11x | 3.53x | €-90.73 Million |
| 2024 | 3.75% | 6.96% | 0.15x | 3.60x | €-76.93 Million |
Industry Comparison
This section compares LAMDA Development S.A.'s net assets metrics with peer companies in the Real Estate - Development industry.
Industry Context
- Industry: Real Estate - Development
- Average net assets among peers: $140,379,928
- Average return on equity (ROE) among peers: 8.69%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| LAMDA Development S.A. (LAMDA) | €1.34 Billion | -6.05% | 2.31x | $435.82 Million |
| Dimand S.A. (DIMAND) | $133.63 Million | 9.88% | 0.94x | $97.35 Million |
| Kekrops S.A. (KEKR) | $8.18 Million | 0.00% | 1.14x | $9.25 Million |
| Premia S.A. (PREMIA) | $279.33 Million | 16.20% | 1.64x | $40.63 Million |