Cemat A/S (CEMAT) - Net Assets
Based on the latest financial reports, Cemat A/S (CEMAT) has net assets worth Dkr206.84 Million DKK (≈ $32.36 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 (Dkr397.74 Million ≈ $62.23 Million USD) and total liabilities (Dkr190.90 Million ≈ $29.87 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 Cemat A/S liquidity resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Dkr206.84 Million |
| % of Total Assets | 52.0% |
| Annual Growth Rate | 8.3% |
| 5-Year Change | 78.54% |
| 10-Year Change | -26.67% |
| Growth Volatility | 67.93 |
Cemat A/S - Net Assets Trend (2000–2024)
This chart illustrates how Cemat A/S's net assets have evolved over time, based on quarterly financial data. Also explore Cemat A/S asset portfolio for the complete picture of this company's asset base.
Annual Net Assets for Cemat A/S (2000–2024)
The table below shows the annual net assets of Cemat A/S from 2000 to 2024. For live valuation and market cap data, see CEMAT market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Dkr191.16 Million ≈ $29.91 Million |
+9.40% |
| 2023-12-31 | Dkr174.74 Million ≈ $27.34 Million |
+15.80% |
| 2022-12-31 | Dkr150.90 Million ≈ $23.61 Million |
+14.87% |
| 2021-12-31 | Dkr131.37 Million ≈ $20.55 Million |
+22.69% |
| 2020-12-31 | Dkr107.07 Million ≈ $16.75 Million |
-5.04% |
| 2019-12-31 | Dkr112.75 Million ≈ $17.64 Million |
+5.54% |
| 2018-12-31 | Dkr106.83 Million ≈ $16.71 Million |
-2.98% |
| 2017-12-31 | Dkr110.11 Million ≈ $17.23 Million |
-50.64% |
| 2016-12-31 | Dkr223.06 Million ≈ $34.90 Million |
-14.43% |
| 2015-12-31 | Dkr260.69 Million ≈ $40.79 Million |
-24.29% |
| 2014-12-31 | Dkr344.34 Million ≈ $53.88 Million |
-12.59% |
| 2013-12-31 | Dkr393.95 Million ≈ $61.64 Million |
-2.92% |
| 2012-12-31 | Dkr405.81 Million ≈ $63.49 Million |
-5.43% |
| 2011-12-31 | Dkr429.11 Million ≈ $67.14 Million |
-2.94% |
| 2010-12-31 | Dkr442.09 Million ≈ $69.17 Million |
+47.06% |
| 2009-12-31 | Dkr300.62 Million ≈ $47.03 Million |
+20.61% |
| 2008-12-31 | Dkr249.25 Million ≈ $39.00 Million |
+66.91% |
| 2007-12-31 | Dkr149.33 Million ≈ $23.36 Million |
+34.43% |
| 2006-12-31 | Dkr111.08 Million ≈ $17.38 Million |
+121.04% |
| 2005-12-31 | Dkr50.25 Million ≈ $7.86 Million |
-17.72% |
| 2004-12-31 | Dkr61.07 Million ≈ $9.56 Million |
-2.98% |
| 2003-12-31 | Dkr62.95 Million ≈ $9.85 Million |
-18.42% |
| 2002-12-31 | Dkr77.16 Million ≈ $12.07 Million |
+300.85% |
| 2001-12-31 | Dkr19.25 Million ≈ $3.01 Million |
-31.82% |
| 2000-12-31 | Dkr28.23 Million ≈ $4.42 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Cemat A/S'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 18212700000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Dkr182.13 Million | 103.67% |
| Common Stock | Dkr5.00 Million | 2.84% |
| Total Equity | Dkr175.69 Million | 100.00% |
Cemat A/S Competitors by Market Cap
The table below lists competitors of Cemat A/S ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Implanet SA
PA:ALIMP
|
$32.93 Million |
|
Softcat plc
LSE:SCT
|
$32.94 Million |
|
Dimension Computer Technology Co Ltd
TWO:6140
|
$32.95 Million |
|
EG Corporation
KQ:037370
|
$32.97 Million |
|
Rand Capital Corp
NASDAQ:RAND
|
$32.91 Million |
|
Chumpower Machinery Corp
TWO:4575
|
$32.89 Million |
|
Precision Optics Corporation, Inc. Common stock
NASDAQ:POCI
|
$32.89 Million |
|
Image Resources NL
AU:IMA
|
$32.88 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Cemat A/S's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 160,602,000 to 175,687,000, a change of 15,085,000 (9.4%).
- Net income of 12,205,000 contributed positively to equity growth.
- Other comprehensive income increased equity by 14,471,000.
- Other factors decreased equity by 11,591,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Dkr12.21 Million | +6.95% |
| Other Comprehensive Income | Dkr14.47 Million | +8.24% |
| Other Changes | Dkr-11.59 Million | -6.6% |
| Total Change | Dkr- | 9.39% |
Book Value vs Market Value Analysis
This analysis compares Cemat A/S'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: 1.20x
- 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 3.13x to 1.20x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2002-12-31 | Dkr0.27 | Dkr0.84 | x |
| 2003-12-31 | Dkr0.22 | Dkr0.84 | x |
| 2004-12-31 | Dkr0.21 | Dkr0.84 | x |
| 2005-12-31 | Dkr0.17 | Dkr0.84 | x |
| 2006-12-31 | Dkr0.33 | Dkr0.84 | x |
| 2007-12-31 | Dkr0.33 | Dkr0.84 | x |
| 2008-12-31 | Dkr0.40 | Dkr0.84 | x |
| 2009-12-31 | Dkr0.49 | Dkr0.84 | x |
| 2010-12-31 | Dkr0.80 | Dkr0.84 | x |
| 2011-12-31 | Dkr0.72 | Dkr0.84 | x |
| 2012-12-31 | Dkr0.72 | Dkr0.84 | x |
| 2013-12-31 | Dkr0.68 | Dkr0.84 | x |
| 2014-12-31 | Dkr0.58 | Dkr0.84 | x |
| 2015-12-31 | Dkr0.42 | Dkr0.84 | x |
| 2016-12-31 | Dkr0.36 | Dkr0.84 | x |
| 2017-12-31 | Dkr0.31 | Dkr0.84 | x |
| 2018-12-31 | Dkr0.37 | Dkr0.84 | x |
| 2019-12-31 | Dkr0.40 | Dkr0.84 | x |
| 2020-12-31 | Dkr0.38 | Dkr0.84 | x |
| 2021-12-31 | Dkr0.48 | Dkr0.84 | x |
| 2022-12-31 | Dkr0.55 | Dkr0.84 | x |
| 2023-12-31 | Dkr0.64 | Dkr0.84 | x |
| 2024-12-31 | Dkr0.70 | Dkr0.84 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Cemat A/S 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): 6.95%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 30.98%
- • Asset Turnover: 0.12x
- • Equity Multiplier: 1.95x
- Recent ROE (6.95%) is above the historical average (1.55%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 6.93% | 4.78% | 0.69x | 2.10x | Dkr-2.37 Million |
| 2003 | -26.41% | -14.13% | 0.89x | 2.10x | Dkr-22.92 Million |
| 2004 | -1.28% | -0.68% | 1.02x | 1.85x | Dkr-6.89 Million |
| 2005 | -22.10% | -8.57% | 1.15x | 2.24x | Dkr-16.13 Million |
| 2006 | 25.34% | 19.08% | 0.82x | 1.62x | Dkr17.04 Million |
| 2007 | 23.35% | 18.04% | 0.89x | 1.45x | Dkr19.93 Million |
| 2008 | 25.62% | 15.16% | 0.60x | 2.81x | Dkr27.96 Million |
| 2009 | 21.94% | 12.23% | 0.72x | 2.51x | Dkr28.18 Million |
| 2010 | 15.68% | 13.80% | 0.77x | 1.47x | Dkr22.83 Million |
| 2011 | -1.73% | -1.86% | 0.61x | 1.53x | Dkr-46.22 Million |
| 2012 | -6.34% | -8.49% | 0.42x | 1.77x | Dkr-63.38 Million |
| 2013 | -2.49% | -3.01% | 0.48x | 1.74x | Dkr-47.05 Million |
| 2014 | -12.85% | -15.47% | 0.43x | 1.93x | Dkr-74.91 Million |
| 2015 | -37.02% | -31.43% | 0.52x | 2.25x | Dkr-114.69 Million |
| 2016 | -25.57% | -193.93% | 0.10x | 1.28x | Dkr-68.62 Million |
| 2017 | -2.94% | -7.09% | 0.29x | 1.43x | Dkr-12.18 Million |
| 2018 | 0.15% | 0.35% | 0.30x | 1.41x | Dkr-9.14 Million |
| 2019 | 4.51% | 12.78% | 0.23x | 1.55x | Dkr-5.44 Million |
| 2020 | 2.60% | 12.71% | 0.13x | 1.54x | Dkr-7.09 Million |
| 2021 | 20.15% | 113.57% | 0.12x | 1.51x | Dkr12.19 Million |
| 2022 | 14.70% | 76.49% | 0.13x | 1.46x | Dkr6.49 Million |
| 2023 | 6.40% | 30.58% | 0.13x | 1.63x | Dkr-5.78 Million |
| 2024 | 6.95% | 30.98% | 0.12x | 1.95x | Dkr-5.36 Million |
Industry Comparison
This section compares Cemat A/S's net assets metrics with peer companies in the Real Estate Services industry.
Industry Context
- Industry: Real Estate Services
- Average net assets among peers: $673,208,638
- Average return on equity (ROE) among peers: 7.59%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Cemat A/S (CEMAT) | Dkr206.84 Million | 6.93% | 0.92x | $32.91 Million |
| Agat Ejendomme A/S (AGAT) | $1.51 Billion | 10.31% | 1.53x | $20.82 Million |
| Copenhagen Capital A/S (CPHCAP-ST) | $348.15 Million | 9.31% | 1.54x | $54.98 Million |
| EgnsINVEST Ejendomme Tyskland A/S (EGNETY) | $417.60 Million | 21.27% | 1.41x | $53.54 Million |
| Fast Ejendom (FED) | $188.02 Million | 0.00% | 0.72x | $89.19 Million |
| German High Street Properties A/S Class B (GERHSP) | $38.87 Million | 5.77% | 1.59x | $45.46 Million |
| Jeudan (JDAN) | $3.28 Billion | 6.16% | 2.98x | $1.79 Billion |
| Movinn AS (MOVINN) | $5.36 Million | -3.33% | 3.94x | $3.22 Million |
| Park Street A/S (PARKST-A) | $-33.06 Million | 0.00% | 0.00x | $26.81 Million |
| Swiss Properties Invest A/S (SWISS) | $306.47 Million | 18.83% | 1.47x | $36.11 Million |
About Cemat A/S
Cemat A/S develops, operates, and sells properties in Poland. It operates in Property Management and Property Development segments. The Property Management segment engages in the letting of premises and land; and provision of utilities to tenants, including power, water, natural gas, and facility services. The Property Development segment is involved in the preparation and implementation of devel… Read more