Home Invest Belgium - Sifi
Home Invest Belgium S.A. operates as a real estate investment company in Belgium. It primarily invests in residential properties. As of December 31, 2008, the company's real estate portfolio consisted of 992 rental units with a total rentable space of approximately 111,091 square meters. The company was formerly known as Home Invest and changed its name to Home Invest Belgium S.A. in May 1999. Ho… Read more
Home Invest Belgium - Sifi (HOMI) - Net Assets
Latest net assets as of September 2025: €487.71 Million EUR
Based on the latest financial reports, Home Invest Belgium - Sifi (HOMI) has net assets worth €487.71 Million EUR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€959.17 Million) and total liabilities (€471.46 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 | €487.71 Million |
| % of Total Assets | 50.85% |
| Annual Growth Rate | 7.73% |
| 5-Year Change | 56.18% |
| 10-Year Change | 141.99% |
| Growth Volatility | 7.6 |
Home Invest Belgium - Sifi - Net Assets Trend (2008–2024)
This chart illustrates how Home Invest Belgium - Sifi's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Home Invest Belgium - Sifi (2008–2024)
The table below shows the annual net assets of Home Invest Belgium - Sifi from 2008 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €484.44 Million | +15.96% |
| 2023-12-31 | €417.76 Million | +1.88% |
| 2022-12-31 | €410.06 Million | +19.57% |
| 2021-12-31 | €342.95 Million | +10.57% |
| 2020-12-31 | €310.17 Million | +0.18% |
| 2019-12-31 | €309.62 Million | +15.10% |
| 2018-12-31 | €269.00 Million | +23.99% |
| 2017-12-31 | €216.96 Million | +5.73% |
| 2016-12-31 | €205.20 Million | +2.50% |
| 2015-12-31 | €200.19 Million | -3.86% |
| 2014-12-31 | €208.22 Million | +6.77% |
| 2013-12-31 | €195.03 Million | +9.12% |
| 2012-12-31 | €178.72 Million | +1.99% |
| 2011-12-31 | €175.24 Million | +13.81% |
| 2010-12-31 | €153.97 Million | +3.30% |
| 2009-12-31 | €149.05 Million | +1.33% |
| 2008-12-31 | €147.09 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Home Invest Belgium - Sifi'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 1426.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €100.86 Million | 20.82% |
| Common Stock | €102.04 Million | 21.06% |
| Other Components | €281.54 Million | 58.12% |
| Total Equity | €484.44 Million | 100.00% |
Home Invest Belgium - Sifi Competitors by Market Cap
The table below lists competitors of Home Invest Belgium - Sifi ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Tengjun Biotechnology Corp
OTCQB:TJBH
|
$149.42 Million |
|
Shenzhen Increase Technology Co Ltd Class A
SHE:300713
|
$149.44 Million |
|
LIFE SCI.REIT PLC LS -01
F:JL6
|
$149.45 Million |
|
GTL Infrastructure Limited
NSE:GTLINFRA
|
$149.53 Million |
|
Prince Pipes And Fittings Limited
NSE:PRINCEPIPE
|
$149.34 Million |
|
Al Aqar Healthcare Reit
KLSE:5116
|
$149.27 Million |
|
Man Infraconstruction Limited
NSE:MANINFRA
|
$149.19 Million |
|
IDUN INDUSTRIER AB B
F:1W6
|
$149.19 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Home Invest Belgium - Sifi's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 417,761,000 to 484,436,000, a change of 66,675,000 (16.0%).
- Net income of 80,973,000 contributed positively to equity growth.
- Dividend payments of 11,479,000 reduced retained earnings.
- Share repurchases of 839,000 reduced equity.
- Other comprehensive income decreased equity by 249,438,000.
- Other factors increased equity by 247,458,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €80.97 Million | +16.71% |
| Dividends Paid | €11.48 Million | -2.37% |
| Share Repurchases | €839.00K | -0.17% |
| Other Comprehensive Income | €-249.44 Million | -51.49% |
| Other Changes | €247.46 Million | +51.08% |
| Total Change | €- | 15.96% |
Book Value vs Market Value Analysis
This analysis compares Home Invest Belgium - Sifi'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: 0.77x
- 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 1.57x to 0.77x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2008-12-31 | €11.88 | €18.66 | x |
| 2009-12-31 | €10.78 | €18.66 | x |
| 2010-12-31 | €10.94 | €18.66 | x |
| 2011-12-31 | €12.03 | €18.66 | x |
| 2012-12-31 | €11.75 | €18.66 | x |
| 2013-12-31 | €12.82 | €18.66 | x |
| 2014-12-31 | €13.43 | €18.66 | x |
| 2015-12-31 | €12.72 | €18.66 | x |
| 2016-12-31 | €13.04 | €18.66 | x |
| 2017-12-31 | €13.60 | €18.66 | x |
| 2018-12-31 | €16.36 | €18.66 | x |
| 2019-12-31 | €18.83 | €18.66 | x |
| 2020-12-31 | €18.87 | €18.66 | x |
| 2021-12-31 | €20.86 | €18.66 | x |
| 2022-12-31 | €23.97 | €18.66 | x |
| 2023-12-31 | €22.34 | €18.66 | x |
| 2024-12-31 | €24.36 | €18.66 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Home Invest Belgium - Sifi 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): 16.71%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 213.49%
- • Asset Turnover: 0.04x
- • Equity Multiplier: 1.86x
- Recent ROE (16.71%) is above the historical average (9.80%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | 3.59% | 44.34% | 0.06x | 1.46x | €-9.44 Million |
| 2009 | 5.42% | 58.16% | 0.06x | 1.57x | €-6.82 Million |
| 2010 | 8.58% | 92.65% | 0.06x | 1.56x | €-2.19 Million |
| 2011 | 8.46% | 102.55% | 0.05x | 1.56x | €-2.69 Million |
| 2012 | 6.51% | 67.09% | 0.06x | 1.51x | €-6.24 Million |
| 2013 | 12.77% | 123.88% | 0.06x | 1.67x | €5.40 Million |
| 2014 | 7.65% | 80.48% | 0.06x | 1.59x | €-4.88 Million |
| 2015 | 7.65% | 82.41% | 0.05x | 1.81x | €-4.71 Million |
| 2016 | 8.73% | 90.77% | 0.05x | 2.04x | €-2.61 Million |
| 2017 | 6.09% | 56.46% | 0.05x | 2.17x | €-8.47 Million |
| 2018 | 25.57% | 274.72% | 0.05x | 2.05x | €41.88 Million |
| 2019 | 17.92% | 211.92% | 0.04x | 2.06x | €24.53 Million |
| 2020 | 6.09% | 67.85% | 0.04x | 2.11x | €-12.13 Million |
| 2021 | 14.25% | 155.62% | 0.04x | 2.15x | €14.57 Million |
| 2022 | 13.96% | 175.81% | 0.04x | 1.98x | €16.22 Million |
| 2023 | -3.42% | -39.00% | 0.05x | 1.93x | €-56.06 Million |
| 2024 | 16.71% | 213.49% | 0.04x | 1.86x | €32.53 Million |
Industry Comparison
This section compares Home Invest Belgium - Sifi's net assets metrics with peer companies in the REIT - Residential industry.
No peer company data available for comparison.