Texaf SA
Texaf S.A. develops, owns, and leases real estate properties in the Democratic Republic of Congo. It operates through Real Estate, Digital, and Quarries segments. The company's portfolio comprises 426 homes, including 53 villas and 373 flats with a residential area of 82,200 square meters; 26,300 square meters of office and retail premises; and 30,000 square meters of warehouses, as well as the T… Read more
Texaf SA (TEXF) - Net Assets
Latest net assets as of June 2025: €112.92 Million EUR
Based on the latest financial reports, Texaf SA (TEXF) has net assets worth €112.92 Million EUR as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€171.24 Million) and total liabilities (€58.31 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 | €112.92 Million |
| % of Total Assets | 65.94% |
| Annual Growth Rate | 7.16% |
| 5-Year Change | 15.03% |
| 10-Year Change | 53.97% |
| Growth Volatility | 6.7 |
Texaf SA - Net Assets Trend (2004–2024)
This chart illustrates how Texaf SA's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Texaf SA (2004–2024)
The table below shows the annual net assets of Texaf SA from 2004 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €114.84 Million | +2.13% |
| 2023-12-31 | €112.45 Million | +5.40% |
| 2022-12-31 | €106.69 Million | +3.62% |
| 2021-12-31 | €102.96 Million | +3.13% |
| 2020-12-31 | €99.84 Million | +2.38% |
| 2019-12-31 | €97.52 Million | +8.09% |
| 2018-12-31 | €90.21 Million | +12.53% |
| 2017-12-31 | €80.17 Million | +2.65% |
| 2016-12-31 | €78.10 Million | +4.71% |
| 2015-12-31 | €74.59 Million | +5.11% |
| 2014-12-31 | €70.96 Million | +6.35% |
| 2013-12-31 | €66.73 Million | +9.97% |
| 2012-12-31 | €60.68 Million | +12.61% |
| 2011-12-31 | €53.88 Million | +1.59% |
| 2010-12-31 | €53.04 Million | +4.28% |
| 2009-12-31 | €50.86 Million | +8.89% |
| 2008-12-31 | €46.71 Million | +9.80% |
| 2007-12-31 | €42.54 Million | +32.90% |
| 2006-12-31 | €32.01 Million | +4.22% |
| 2005-12-31 | €30.72 Million | +6.73% |
| 2004-12-31 | €28.78 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Texaf SA'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 0.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | €25.50 Million | 22.51% |
| Other Comprehensive Income | €87.79 Million | 77.49% |
| Total Equity | €113.29 Million | 100.00% |
Texaf SA Competitors by Market Cap
The table below lists competitors of Texaf SA ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
RESERVOIR CAPITAL
F:R0C
|
$40.86 Million |
|
Premia S.A.
AT:PREMIA
|
$40.87 Million |
|
International Meal Company Alimentação S.A
SA:MEAL3
|
$40.88 Million |
|
Joinsoon Electronics MFG Co Ltd
TWO:3322
|
$40.88 Million |
|
Rafael Holdings, Inc.
NYSE:RFL
|
$40.84 Million |
|
Onano Industrial Corp
TW:6405
|
$40.84 Million |
|
Net Insight AB Series B
LSE:0H14
|
$40.83 Million |
|
Corentec Co Ltd
KQ:104540
|
$40.80 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Texaf SA's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 111,771,000 to 113,286,000, a change of 1,515,000 (1.4%).
- Net income of 7,428,000 contributed positively to equity growth.
- Dividend payments of 6,024,000 reduced retained earnings.
- Other comprehensive income increased equity by 1,515,000.
- Other factors decreased equity by 1,404,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €7.43 Million | +6.56% |
| Dividends Paid | €6.02 Million | -5.32% |
| Other Comprehensive Income | €1.51 Million | +1.34% |
| Other Changes | €-1.40 Million | -1.24% |
| Total Change | €- | 1.36% |
Book Value vs Market Value Analysis
This analysis compares Texaf SA'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: 1.29x
- 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 4.14x to 1.29x 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 | €9.62 | €39.80 | x |
| 2006-12-31 | €10.03 | €39.80 | x |
| 2007-12-31 | €10.54 | €39.80 | x |
| 2008-12-31 | €11.52 | €39.80 | x |
| 2009-12-31 | €129.60 | €39.80 | x |
| 2010-12-31 | €13.72 | €39.80 | x |
| 2011-12-31 | €14.09 | €39.80 | x |
| 2012-12-31 | €15.81 | €39.80 | x |
| 2013-12-31 | €17.51 | €39.80 | x |
| 2014-12-31 | €20.15 | €39.80 | x |
| 2015-12-31 | €20.44 | €39.80 | x |
| 2016-12-31 | €21.40 | €39.80 | x |
| 2017-12-31 | €21.97 | €39.80 | x |
| 2018-12-31 | €24.73 | €39.80 | x |
| 2019-12-31 | €26.73 | €39.80 | x |
| 2020-12-31 | €27.60 | €39.80 | x |
| 2021-12-31 | €27.98 | €39.80 | x |
| 2022-12-31 | €28.99 | €39.80 | x |
| 2023-12-31 | €30.48 | €39.80 | x |
| 2024-12-31 | €30.90 | €39.80 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Texaf SA 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): 6.56%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 22.99%
- • Asset Turnover: 0.18x
- • Equity Multiplier: 1.54x
- Recent ROE (6.56%) is below the historical average (7.18%), 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 | 2.10% | 47.27% | 0.02x | 2.00x | €-2.27 Million |
| 2005 | 0.72% | 4.78% | 0.10x | 1.53x | €-2.85 Million |
| 2006 | 5.60% | 30.54% | 0.12x | 1.50x | €-1.41 Million |
| 2007 | 7.21% | 37.57% | 0.09x | 2.03x | €-962.60K |
| 2008 | 9.48% | 42.72% | 0.11x | 2.00x | €-196.90K |
| 2009 | 4.52% | 14.13% | 0.15x | 2.17x | €-2.32 Million |
| 2010 | 6.70% | 17.47% | 0.18x | 2.14x | €-1.48 Million |
| 2011 | 3.97% | 13.40% | 0.14x | 2.12x | €-2.78 Million |
| 2012 | 12.60% | 37.78% | 0.17x | 1.96x | €1.34 Million |
| 2013 | 11.31% | 34.80% | 0.17x | 1.88x | €750.40K |
| 2014 | 6.63% | 24.75% | 0.17x | 1.56x | €-2.38 Million |
| 2015 | 7.35% | 27.77% | 0.16x | 1.62x | €-1.97 Million |
| 2016 | 7.01% | 29.65% | 0.15x | 1.56x | €-2.32 Million |
| 2017 | 5.69% | 24.95% | 0.15x | 1.51x | €-3.44 Million |
| 2018 | 14.36% | 68.41% | 0.15x | 1.39x | €3.92 Million |
| 2019 | 11.09% | 49.66% | 0.17x | 1.35x | €1.06 Million |
| 2020 | 4.60% | 20.90% | 0.17x | 1.30x | €-5.38 Million |
| 2021 | 5.08% | 22.91% | 0.17x | 1.32x | €-5.05 Million |
| 2022 | 7.86% | 30.45% | 0.18x | 1.40x | €-2.28 Million |
| 2023 | 10.42% | 39.71% | 0.18x | 1.49x | €464.90K |
| 2024 | 6.56% | 22.99% | 0.18x | 1.54x | €-3.90 Million |
Industry Comparison
This section compares Texaf SA's net assets metrics with peer companies in the Real Estate Services industry.
Industry Context
- Industry: Real Estate Services
- Average net assets among peers: $51,818,985
- Average return on equity (ROE) among peers: 3.36%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Texaf SA (TEXF) | €112.92 Million | 2.10% | 0.52x | $40.85 Million |
| Accentis (ACCB) | $91.26 Million | 18.67% | 0.26x | $11.27 Million |
| Inclusio Sca (INCLU) | $167.77 Million | 8.73% | 0.32x | $116.76 Million |
| Immo Mcc NV (MCC) | $62.00 | 0.00% | 393.81x | $5.54 Million |
| Compagnie Financière de Neufcour S.A. (MLNEU) | $7.17 Million | -7.36% | 0.38x | $114.10K |
| Softimat S.A. (SOFT) | $44.63 Million | 0.00% | 1.02x | $654.64K |
| Immo-Zenobe Gramme SA (ZEN) | $76.71K | 0.14% | 186.41x | $2.31 Million |