Unibail-Rodamco-Westfield (URW) - Net Assets

Latest as of June 2025: AU$16.98 Billion AUD

Based on the latest financial reports, Unibail-Rodamco-Westfield (URW) has net assets worth AU$16.98 Billion AUD as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$50.92 Billion) and total liabilities (AU$33.93 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 AU$16.98 Billion
% of Total Assets 33.35%
Annual Growth Rate 9.78%
5-Year Change 8.54%
10-Year Change 9.35%
Growth Volatility 30.19

Unibail-Rodamco-Westfield - Net Assets Trend (2004–2024)

This chart illustrates how Unibail-Rodamco-Westfield's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Unibail-Rodamco-Westfield (2004–2024)

The table below shows the annual net assets of Unibail-Rodamco-Westfield from 2004 to 2024.

Year Net Assets Change
2024-12-31 AU$21.04 Billion +1.30%
2023-12-31 AU$20.77 Billion -9.50%
2022-12-31 AU$22.95 Billion +21.32%
2021-12-31 AU$18.92 Billion -2.41%
2020-12-31 AU$19.38 Billion -30.63%
2019-12-31 AU$27.94 Billion -0.80%
2018-12-31 AU$28.17 Billion +48.89%
2017-12-31 AU$18.92 Billion -10.01%
2016-12-31 AU$21.02 Billion +9.26%
2015-12-31 AU$19.24 Billion +13.61%
2014-12-31 AU$16.93 Billion +6.61%
2013-12-31 AU$15.88 Billion +9.65%
2012-12-31 AU$14.49 Billion +10.95%
2011-12-31 AU$13.06 Billion +5.54%
2010-12-31 AU$12.37 Billion -0.52%
2009-12-31 AU$12.44 Billion -12.11%
2008-12-31 AU$14.15 Billion -3.11%
2007-12-31 AU$14.60 Billion +113.69%
2006-12-31 AU$6.83 Billion +46.39%
2005-12-31 AU$4.67 Billion +43.33%
2004-12-31 AU$3.26 Billion --

Equity Component Analysis

This analysis shows how different components contribute to Unibail-Rodamco-Westfield'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 decreased by 82.9% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings AU$146.20 Million 0.83%
Common Stock AU$713.10 Million 4.04%
Other Components AU$16.81 Billion 95.14%
Total Equity AU$17.67 Billion 100.00%

Unibail-Rodamco-Westfield Competitors by Market Cap

The table below lists competitors of Unibail-Rodamco-Westfield ranked by their market capitalization.

Company Market Cap
Powszechny Zaklad Ubezpieczen SA
WAR:PZU
 		$16.54 Billion
Nextracker Inc. Class A Common Stock
NASDAQ:NXT
 		$16.54 Billion
Western Midstream Partners LP
NYSE:WES
 		$16.54 Billion
PTC Inc
NASDAQ:PTC
 		$16.56 Billion
COSTAR GROUP INC. DL-01
F:RLG
 		$16.51 Billion
CDW Corp
NASDAQ:CDW
 		$16.50 Billion
Beiersdorf Aktiengesellschaft
F:BEI
 		$16.50 Billion
Innovent Biologics Inc
F:6IB
 		$16.50 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Unibail-Rodamco-Westfield's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 17,206,800,000 to 17,670,700,000, a change of 463,900,000 (2.7%).
  • Net income of 146,200,000 contributed positively to equity growth.
  • Dividend payments of 347,900,000 reduced retained earnings.
  • Share repurchases of 5,200,000 reduced equity.
  • New share issuances of 5,200,000 increased equity.
  • Other comprehensive income decreased equity by 4,649,600,000.
  • Other factors increased equity by 5,315,200,000.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income AU$146.20 Million +0.83%
Dividends Paid AU$347.90 Million -1.97%
Share Repurchases AU$5.20 Million -0.03%
Share Issuances AU$5.20 Million +0.03%
Other Comprehensive Income AU$-4.65 Billion -26.31%
Other Changes AU$5.32 Billion +30.08%
Total Change AU$- 2.70%

Book Value vs Market Value Analysis

This analysis compares Unibail-Rodamco-Westfield'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: 1.30x
  • 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 8.12x to 1.30x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2004-12-31 AU$1.00 AU$8.15 x
2005-12-31 AU$1.46 AU$8.15 x
2006-12-31 AU$2.16 AU$8.15 x
2007-12-31 AU$4.85 AU$8.15 x
2008-12-31 AU$4.61 AU$8.15 x
2009-12-31 AU$4.04 AU$8.15 x
2010-12-31 AU$3.94 AU$8.15 x
2011-12-31 AU$4.16 AU$8.15 x
2012-12-31 AU$4.61 AU$8.15 x
2013-12-31 AU$4.90 AU$8.15 x
2014-12-31 AU$5.19 AU$8.15 x
2015-12-31 AU$5.73 AU$8.15 x
2016-12-31 AU$6.24 AU$8.15 x
2017-12-31 AU$9.47 AU$8.15 x
2018-12-31 AU$10.18 AU$8.15 x
2019-12-31 AU$10.10 AU$8.15 x
2020-12-31 AU$7.00 AU$8.15 x
2021-12-31 AU$6.82 AU$8.15 x
2022-12-31 AU$6.85 AU$8.15 x
2023-12-31 AU$6.18 AU$8.15 x
2024-12-31 AU$6.26 AU$8.15 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Unibail-Rodamco-Westfield 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): 0.83%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 4.49%
  • • Asset Turnover: 0.06x
  • • Equity Multiplier: 3.03x
  • Recent ROE (0.83%) is below the historical average (6.92%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2004 29.40% 158.28% 0.07x 2.63x AU$544.76 Million
2005 33.99% 293.25% 0.05x 2.13x AU$977.69 Million
2006 35.35% 436.78% 0.05x 1.79x AU$1.53 Billion
2007 6.96% 107.42% 0.03x 1.88x AU$-412.45 Million
2008 -8.72% -78.99% 0.06x 1.93x AU$-2.41 Billion
2009 -13.84% -106.35% 0.06x 2.00x AU$-2.70 Billion
2010 19.84% 147.36% 0.06x 2.27x AU$1.09 Billion
2011 11.38% 90.53% 0.06x 2.27x AU$160.99 Million
2012 11.30% 84.54% 0.06x 2.29x AU$168.34 Million
2013 9.42% 73.07% 0.05x 2.36x AU$-79.79 Million
2014 11.50% 86.14% 0.05x 2.45x AU$218.51 Million
2015 14.55% 117.97% 0.05x 2.38x AU$729.79 Million
2016 13.79% 118.58% 0.05x 2.33x AU$662.46 Million
2017 12.90% 117.37% 0.05x 2.29x AU$547.88 Million
2018 3.66% 37.71% 0.04x 2.29x AU$-1.79 Billion
2019 3.95% 32.63% 0.05x 2.33x AU$-1.69 Billion
2020 -37.21% -272.57% 0.05x 2.96x AU$-9.15 Billion
2021 -5.14% -38.58% 0.05x 2.90x AU$-2.86 Billion
2022 0.93% 5.93% 0.05x 2.85x AU$-1.74 Billion
2023 -9.47% -53.22% 0.06x 3.11x AU$-3.35 Billion
2024 0.83% 4.49% 0.06x 3.03x AU$-1.62 Billion

Industry Comparison

This section compares Unibail-Rodamco-Westfield's net assets metrics with peer companies in the REIT - Retail industry.

Industry Context

  • Industry: REIT - Retail
  • Average net assets among peers: $4,238,696,143
  • Average return on equity (ROE) among peers: 3.09%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Unibail-Rodamco-Westfield (URW) AU$16.98 Billion 29.40% 2.00x $16.52 Billion
Carindale Property Trust (CDP) $526.65 Million 12.63% 0.52x $313.78 Million
Charter Hall Retail REIT (CQR) $2.42 Billion 4.14% 0.52x $1.56 Billion
Dexus Convenience Retail REIT (DXC) $226.32 Million 7.01% 0.52x $260.25 Million
Homeco Daily Needs REIT (HDN) $3.14 Billion 10.68% 0.55x $1.80 Billion
Region Group (RGN) $1.01 Billion -0.75% 0.52x $1.86 Billion
Scentre Group (SCG) $18.99 Billion -19.65% 1.00x $13.05 Billion
Vicinity Centres (VCX) $3.35 Billion 7.58% 0.65x $8.27 Billion

About Unibail-Rodamco-Westfield

AU:URW Australia REIT - Retail
Market Cap
$16.52 Billion
AU$23.35 Billion AUD
Market Cap Rank
#1355 Global
#23 in Australia
Share Price
AU$8.15
Change (1 day)
+0.00%
52-Week Range
AU$6.37 - AU$8.26
All Time High
AU$12.62
Categories
Companies in Australia REIT - Retail
About

Unibail-Rodamco-Westfield is an owner, developer and operator of sustainable, high-quality real estate assets in the most dynamic cities in Europe and the United States. The Group operates 67 shopping centres in 11 countries, including 39 which carry the iconic Westfield brand. These centres attract over 900 million visits annually and provide a unique platform for retailers and brands to connect… Read more