Aedifica (AED) - Net Assets
Based on the latest financial reports, Aedifica (AED) has net assets worth €3.67 Billion EUR as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€6.48 Billion) and total liabilities (€2.81 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 | €3.67 Billion |
| % of Total Assets | 56.65% |
| Annual Growth Rate | 23.15% |
| 5-Year Change | 31.73% |
| 10-Year Change | 491.11% |
| Growth Volatility | 47.58 |
Aedifica - Net Assets Trend (2005–2025)
This chart illustrates how Aedifica's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Aedifica (2005–2025)
The table below shows the annual net assets of Aedifica from 2005 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | €3.67 Billion | +0.58% |
| 2024-12-31 | €3.65 Billion | +1.88% |
| 2023-12-31 | €3.58 Billion | +8.86% |
| 2022-12-31 | €3.29 Billion | +18.09% |
| 2021-12-31 | €2.79 Billion | +28.19% |
| 2020-12-31 | €2.17 Billion | +51.99% |
| 2018-12-31 | €1.43 Billion | +51.82% |
| 2017-12-31 | €941.65 Million | +6.04% |
| 2016-12-31 | €888.04 Million | +43.06% |
| 2015-12-31 | €620.75 Million | +3.76% |
| 2014-12-31 | €598.27 Million | +50.67% |
| 2013-12-31 | €397.07 Million | +3.90% |
| 2012-12-31 | €382.16 Million | +42.82% |
| 2011-12-31 | €267.58 Million | -2.33% |
| 2010-12-31 | €273.97 Million | +51.57% |
| 2009-12-31 | €180.76 Million | +4.66% |
| 2008-12-31 | €172.72 Million | -10.93% |
| 2007-12-31 | €193.91 Million | +9.31% |
| 2006-12-31 | €177.39 Million | +211.22% |
| 2005-12-31 | €57.00 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Aedifica'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 38046392900.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €380.25 Million | 10.38% |
| Common Stock | €1.20 Billion | 32.85% |
| Other Comprehensive Income | €360.86 Million | 9.85% |
| Other Components | €1.72 Billion | 46.92% |
| Total Equity | €3.66 Billion | 100.00% |
Aedifica Competitors by Market Cap
The table below lists competitors of Aedifica ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
All Ring Tech Co Ltd
TWO:6187
|
$3.69 Billion |
|
Signet Jewelers Ltd
NYSE:SIG
|
$3.69 Billion |
|
Scotts Miracle-Gro Company
NYSE:SMG
|
$3.69 Billion |
|
Wynn Macau Limited
F:8WY
|
$3.69 Billion |
|
Adata Technology Co Ltd
TWO:3260
|
$3.68 Billion |
|
Brady Corporation
NYSE:BRC
|
$3.68 Billion |
|
Miami International Holdings, Inc.
NYSE:MIAX
|
$3.68 Billion |
|
Veren Inc
NYSE:VRN
|
$3.68 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Aedifica's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 3,642,975,000 to 3,663,700,000, a change of 20,725,000 (0.6%).
- Net income of 244,434,000 contributed positively to equity growth.
- Other comprehensive income decreased equity by 19,006,000.
- Other factors decreased equity by 204,703,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €244.43 Million | +6.67% |
| Other Comprehensive Income | €-19.01 Million | -0.52% |
| Other Changes | €-204.70 Million | -5.59% |
| Total Change | €- | 0.57% |
Book Value vs Market Value Analysis
This analysis compares Aedifica'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: 0.98x
- 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 1.25x to 0.98x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-12-31 | €60.21 | €75.50 | x |
| 2006-12-31 | €39.58 | €75.50 | x |
| 2007-12-31 | €32.09 | €75.50 | x |
| 2008-12-31 | €27.70 | €75.50 | x |
| 2009-12-31 | €29.96 | €75.50 | x |
| 2010-12-31 | €32.59 | €75.50 | x |
| 2011-12-31 | €30.41 | €75.50 | x |
| 2012-12-31 | €35.64 | €75.50 | x |
| 2013-12-31 | €35.56 | €75.50 | x |
| 2014-12-31 | €49.85 | €75.50 | x |
| 2015-12-31 | €40.14 | €75.50 | x |
| 2016-12-31 | €53.23 | €75.50 | x |
| 2017-12-31 | €49.85 | €75.50 | x |
| 2018-12-31 | €70.78 | €75.50 | x |
| 2020-12-31 | €77.18 | €75.50 | x |
| 2021-12-31 | €78.10 | €75.50 | x |
| 2022-12-31 | €84.15 | €75.50 | x |
| 2023-12-31 | €81.82 | €75.50 | x |
| 2024-12-31 | €76.61 | €75.50 | x |
| 2025-12-31 | €77.05 | €75.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Aedifica 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): 6.67%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 66.03%
- • Asset Turnover: 0.06x
- • Equity Multiplier: 1.77x
- Recent ROE (6.67%) is above the historical average (5.60%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | -0.39% | -7.79% | 0.02x | 2.17x | €-5.92 Million |
| 2006 | 3.50% | 48.07% | 0.05x | 1.55x | €-11.53 Million |
| 2007 | 7.53% | 72.03% | 0.06x | 1.90x | €-4.79 Million |
| 2008 | -5.15% | -38.58% | 0.06x | 2.13x | €-26.16 Million |
| 2009 | 1.54% | 11.97% | 0.05x | 2.45x | €-15.29 Million |
| 2010 | 9.24% | 87.75% | 0.05x | 1.94x | €-2.08 Million |
| 2011 | 5.73% | 43.57% | 0.06x | 2.28x | €-11.42 Million |
| 2012 | 7.24% | 73.95% | 0.06x | 1.71x | €-10.54 Million |
| 2013 | 5.39% | 51.15% | 0.05x | 2.00x | €-18.32 Million |
| 2014 | 7.55% | 87.28% | 0.05x | 1.71x | €-14.66 Million |
| 2015 | 6.49% | 65.04% | 0.05x | 1.89x | €-21.81 Million |
| 2016 | 7.13% | 77.63% | 0.05x | 1.77x | €-25.45 Million |
| 2017 | 7.63% | 76.25% | 0.05x | 1.88x | €-22.31 Million |
| 2018 | 7.27% | 85.70% | 0.05x | 1.67x | €-39.06 Million |
| 2020 | 7.97% | 93.66% | 0.05x | 1.87x | €-43.96 Million |
| 2021 | 10.13% | 121.77% | 0.04x | 1.86x | €3.71 Million |
| 2022 | 10.11% | 119.75% | 0.05x | 1.85x | €3.50 Million |
| 2023 | 0.69% | 7.63% | 0.05x | 1.73x | €-333.05 Million |
| 2024 | 5.62% | 58.91% | 0.05x | 1.77x | €-159.47 Million |
| 2025 | 6.67% | 66.03% | 0.06x | 1.77x | €-121.94 Million |
Industry Comparison
This section compares Aedifica's net assets metrics with peer companies in the REIT - Healthcare Facilities industry.
Industry Context
- Industry: REIT - Healthcare Facilities
- Average net assets among peers: $686,626,182
- Average return on equity (ROE) among peers: 7.71%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Aedifica (AED) | €3.67 Billion | -0.39% | 0.77x | $3.69 Billion |
| Cofinimmo SA (COFB) | $1.11 Billion | 5.30% | 0.55x | $3.47 Billion |
| Care Property Invest NV (CPINV) | $266.29 Million | 10.12% | 1.15x | $536.87 Million |
About Aedifica
Aedifica is a Regulated Real Estate Company under Belgian law specialised in European healthcare real estate, particularly in elderly care. Aedifica has developed a portfolio of approx. 615 sites in Belgium, Germany, the Netherlands, the United Kingdom, Finland, Ireland and Spain, worth approx. 6.2 billion. Aedifica is listed on Euronext Brussels (2006) and Euronext Amsterdam (2019). Since 2020, … Read more