Home Invest Belgium - Sifi (HOMI) - Net Assets

Latest as of September 2025: €487.71 Million EUR ≈ $570.19 Million USD

Based on the latest financial reports, Home Invest Belgium - Sifi (HOMI) has net assets worth €487.71 Million EUR (≈ $570.19 Million USD) 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 ≈ $1.12 Billion USD) and total liabilities (€471.46 Million ≈ $551.18 Million USD). 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. Check Home Invest Belgium - Sifi (HOMI) asset resilience to evaluate the company's liquid asset resilience ratio.

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. Also explore Home Invest Belgium - Sifi assets under control for the complete picture of this company's asset base.

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. For live valuation and market cap data, see market value of Home Invest Belgium - Sifi.

Year	Net Assets	Change
2024-12-31	€484.44 Million ≈ $566.36 Million	+15.96%
2023-12-31	€417.76 Million ≈ $488.41 Million	+1.88%
2022-12-31	€410.06 Million ≈ $479.41 Million	+19.57%
2021-12-31	€342.95 Million ≈ $400.94 Million	+10.57%
2020-12-31	€310.17 Million ≈ $362.63 Million	+0.18%
2019-12-31	€309.62 Million ≈ $361.98 Million	+15.10%
2018-12-31	€269.00 Million ≈ $314.49 Million	+23.99%
2017-12-31	€216.96 Million ≈ $253.64 Million	+5.73%
2016-12-31	€205.20 Million ≈ $239.90 Million	+2.50%
2015-12-31	€200.19 Million ≈ $234.05 Million	-3.86%
2014-12-31	€208.22 Million ≈ $243.44 Million	+6.77%
2013-12-31	€195.03 Million ≈ $228.01 Million	+9.12%
2012-12-31	€178.72 Million ≈ $208.94 Million	+1.99%
2011-12-31	€175.24 Million ≈ $204.87 Million	+13.81%
2010-12-31	€153.97 Million ≈ $180.00 Million	+3.30%
2009-12-31	€149.05 Million ≈ $174.26 Million	+1.33%
2008-12-31	€147.09 Million ≈ $171.96 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
Eventbrite Inc Class A NYSE:EB	$382.43 Million
HEBA Fastighets AB (publ) ST:HEBA-B	$382.47 Million
SSE PLC LSE:SSE	$382.48 Million
STCube Inc KQ:052020	$382.58 Million
Patrimoine et Commerce SA PA:PAT	$382.37 Million
Source Capital Closed Fund NYSE:SOR	$382.11 Million
Zhejiang Xinguang Pharmaceutical Co Ltd SHE:300519	$381.87 Million
Guangzhou Jointas Chemical Joint Stock Co Ltd SHE:002909	$381.79 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: 0.79x
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 1.62x to 0.79x 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	€19.20	x
2009-12-31	€10.78	€19.20	x
2010-12-31	€10.94	€19.20	x
2011-12-31	€12.03	€19.20	x
2012-12-31	€11.75	€19.20	x
2013-12-31	€12.82	€19.20	x
2014-12-31	€13.43	€19.20	x
2015-12-31	€12.72	€19.20	x
2016-12-31	€13.04	€19.20	x
2017-12-31	€13.60	€19.20	x
2018-12-31	€16.36	€19.20	x
2019-12-31	€18.83	€19.20	x
2020-12-31	€18.87	€19.20	x
2021-12-31	€20.86	€19.20	x
2022-12-31	€23.97	€19.20	x
2023-12-31	€22.34	€19.20	x
2024-12-31	€24.36	€19.20	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.

Industry Context

Industry: REIT - Residential
Average net assets among peers: $1,634,504,000
Average return on equity (ROE) among peers: 4.05%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Home Invest Belgium - Sifi (HOMI)	€487.71 Million	3.59%	0.97x	$382.40 Million
Xior Student Housing NV (XIOR)	$1.63 Billion	4.05%	1.15x	$1.40 Billion

About Home Invest Belgium - Sifi

BR:HOMI Belgium REIT - Residential

Market Cap

$446.60 Million

€382.00 Million EUR

Market Cap Rank

#13891 Global

#57 in Belgium

Share Price

€19.20

Change (1 day)

-0.52%

52-Week Range

€17.50 - €21.50

All Time High

€26.82