Texaf SA (TEXF) - Net Assets

Latest as of June 2025: €112.92 Million EUR ≈ $132.02 Million USD

Based on the latest financial reports, Texaf SA (TEXF) has net assets worth €112.92 Million EUR (≈ $132.02 Million USD) 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 ≈ $200.19 Million USD) and total liabilities (€58.31 Million ≈ $68.18 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 Texaf SA (TEXF) asset resilience to evaluate the company's liquid asset resilience ratio.

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. Also explore TEXF asset base for the complete picture of this company's asset base.

Annual Net Assets for Texaf SA (2004–2024)

The table below shows the annual net assets of Texaf SA from 2004 to 2024. For live valuation and market cap data, see TEXF stock market capitalisation.

Year	Net Assets	Change
2024-12-31	€114.84 Million ≈ $134.26 Million	+2.13%
2023-12-31	€112.45 Million ≈ $131.47 Million	+5.40%
2022-12-31	€106.69 Million ≈ $124.73 Million	+3.62%
2021-12-31	€102.96 Million ≈ $120.37 Million	+3.13%
2020-12-31	€99.84 Million ≈ $116.72 Million	+2.38%
2019-12-31	€97.52 Million ≈ $114.01 Million	+8.09%
2018-12-31	€90.21 Million ≈ $105.47 Million	+12.53%
2017-12-31	€80.17 Million ≈ $93.72 Million	+2.65%
2016-12-31	€78.10 Million ≈ $91.31 Million	+4.71%
2015-12-31	€74.59 Million ≈ $87.20 Million	+5.11%
2014-12-31	€70.96 Million ≈ $82.96 Million	+6.35%
2013-12-31	€66.73 Million ≈ $78.01 Million	+9.97%
2012-12-31	€60.68 Million ≈ $70.94 Million	+12.61%
2011-12-31	€53.88 Million ≈ $63.00 Million	+1.59%
2010-12-31	€53.04 Million ≈ $62.01 Million	+4.28%
2009-12-31	€50.86 Million ≈ $59.46 Million	+8.89%
2008-12-31	€46.71 Million ≈ $54.61 Million	+9.80%
2007-12-31	€42.54 Million ≈ $49.74 Million	+32.90%
2006-12-31	€32.01 Million ≈ $37.42 Million	+4.22%
2005-12-31	€30.72 Million ≈ $35.91 Million	+6.73%
2004-12-31	€28.78 Million ≈ $33.64 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
Lu Thai Textile SHE:200726	$134.23 Million
Lonyer Fuels SHG:603003	$134.35 Million
Genesis Land Development Corp. TO:GDC	$134.38 Million
Daishin Securities Co Ltd Pref 2 KO:003547	$134.49 Million
Compañía Minera Autlán S.A.B. de C.V MX:AUTLANB	$134.17 Million
Reyon Pharmaceutical Co Ltd KO:102460	$134.11 Million
ENDOMINES FINLAND OYJ EO1 F:H13	$134.05 Million
Kolibri Global Energy Inc. Common stock NASDAQ:KGEI	$133.99 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: 1.43x
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 4.60x to 1.43x 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	€44.20	x
2006-12-31	€10.03	€44.20	x
2007-12-31	€10.54	€44.20	x
2008-12-31	€11.52	€44.20	x
2009-12-31	€129.60	€44.20	x
2010-12-31	€13.72	€44.20	x
2011-12-31	€14.09	€44.20	x
2012-12-31	€15.81	€44.20	x
2013-12-31	€17.51	€44.20	x
2014-12-31	€20.15	€44.20	x
2015-12-31	€20.44	€44.20	x
2016-12-31	€21.40	€44.20	x
2017-12-31	€21.97	€44.20	x
2018-12-31	€24.73	€44.20	x
2019-12-31	€26.73	€44.20	x
2020-12-31	€27.60	€44.20	x
2021-12-31	€27.98	€44.20	x
2022-12-31	€28.99	€44.20	x
2023-12-31	€30.48	€44.20	x
2024-12-31	€30.90	€44.20	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: $98,200,616
Average return on equity (ROE) among peers: -12.38%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Texaf SA (TEXF)	€112.92 Million	2.10%	0.52x	$134.20 Million
Accentis (ACCB)	$2.84 Million	-105.38%	15.26x	$34.10 Million
Inclusio Sca (INCLU)	$186.25 Million	11.94%	0.56x	$141.75 Million
Immo Mcc NV (MCC)	$62.00	0.00%	393.81x	$15.39 Million
Softimat S.A. (SOFT)	$9.73 Million	-4.45%	0.35x	$3.15 Million
VGP NV (VGP)	$390.31 Million	23.39%	1.23x	$2.68 Billion
Immo-Zenobe Gramme SA (ZEN)	$76.70K	0.22%	164.86x	$13.76 Million

About Texaf SA

BR:TEXF Belgium Real Estate Services

Market Cap

$189.47 Million

€162.06 Million EUR

Market Cap Rank

#18061 Global

#78 in Belgium

Share Price

€44.20

Change (1 day)

+0.91%

52-Week Range

€32.00 - €44.20

All Time High

€44.20