PPHE Hotel Group Ltd (32P) - Net Assets
Based on the latest financial reports, PPHE Hotel Group Ltd (32P) has net assets worth €496.61 Million EUR (≈ $580.58 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 (€1.90 Billion ≈ $2.22 Billion USD) and total liabilities (€1.40 Billion ≈ $1.64 Billion 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. See PPHE Hotel Group Ltd balance sheet quality to measure how much of total assets are equity-financed.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €496.61 Million |
| % of Total Assets | 26.15% |
| Annual Growth Rate | 5.3% |
| 5-Year Change | 29.91% |
| 10-Year Change | 96.36% |
| Growth Volatility | 14.23 |
PPHE Hotel Group Ltd - Net Assets Trend (2013–2024)
This chart illustrates how PPHE Hotel Group Ltd's net assets have evolved over time, based on quarterly financial data. Also explore how fast is PPHE Hotel Group Ltd growing its equity to track the company's year-over-year net asset growth rate.
Annual Net Assets for PPHE Hotel Group Ltd (2013–2024)
The table below shows the annual net assets of PPHE Hotel Group Ltd from 2013 to 2024. For live market cap and overall valuation, see market value of PPHE Hotel Group Ltd.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €526.06 Million ≈ $615.02 Million |
-0.96% |
| 2023-12-31 | €531.17 Million ≈ $621.00 Million |
+5.55% |
| 2022-12-31 | €503.25 Million ≈ $588.35 Million |
+12.53% |
| 2021-12-31 | €447.21 Million ≈ $522.84 Million |
+10.44% |
| 2020-12-31 | €404.95 Million ≈ $473.43 Million |
-15.77% |
| 2019-12-31 | €480.76 Million ≈ $562.06 Million |
+0.46% |
| 2018-12-31 | €478.54 Million ≈ $559.47 Million |
+8.53% |
| 2017-12-31 | €440.94 Million ≈ $515.50 Million |
+33.54% |
| 2016-12-31 | €330.20 Million ≈ $386.04 Million |
+23.25% |
| 2015-12-31 | €267.90 Million ≈ $313.21 Million |
-17.28% |
| 2014-12-31 | €323.87 Million ≈ $378.64 Million |
+8.64% |
| 2013-12-31 | €298.12 Million ≈ $348.53 Million |
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Equity Component Analysis
This analysis shows how different components contribute to PPHE Hotel Group Ltd'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 22.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €177.87 Million | 56.89% |
| Other Components | €134.81 Million | 43.11% |
| Total Equity | €312.68 Million | 100.00% |
PPHE Hotel Group Ltd Competitors by Market Cap
The table below lists competitors of PPHE Hotel Group Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Clairvest Group Inc.
TO:CVG
|
$793.72 Million |
|
Daoming Optics&Chemical Co Ltd
SHE:002632
|
$794.25 Million |
|
Equites Property Fund Ltd
JSE:EQU
|
$794.54 Million |
|
Anhui Estone Materials Technology Co Ltd
SHG:688733
|
$794.56 Million |
|
EVOTEC SE ADR 1/2 O.N.
F:EVTA
|
$792.54 Million |
|
Sumber Tani Agung Resources Tbk PT
JK:STAA
|
$792.23 Million |
|
Guilin Layn Natural Ingredients Corp
SHE:002166
|
$792.20 Million |
|
Spirox Corp
TW:3055
|
$792.13 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in PPHE Hotel Group Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 314,581,000 to 312,684,000, a change of -1,897,000 (-0.6%).
- Net income of 28,206,000 contributed positively to equity growth.
- Dividend payments of 15,549,000 reduced retained earnings.
- Share repurchases of 7,864,000 reduced equity.
- Other factors decreased equity by 6,523,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €28.21 Million | +9.02% |
| Dividends Paid | €15.55 Million | -4.97% |
| Share Repurchases | €7.86 Million | -2.51% |
| Other Changes | €-6.52 Million | -2.09% |
| Total Change | €- | -0.60% |
Book Value vs Market Value Analysis
This analysis compares PPHE Hotel Group Ltd'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: 2.17x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 2.00x to 2.17x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | €8.11 | €16.20 | x |
| 2018-12-31 | €8.82 | €16.20 | x |
| 2019-12-31 | €8.89 | €16.20 | x |
| 2020-12-31 | €7.28 | €16.20 | x |
| 2021-12-31 | €6.55 | €16.20 | x |
| 2022-12-31 | €7.42 | €16.20 | x |
| 2023-12-31 | €7.41 | €16.20 | x |
| 2024-12-31 | €7.48 | €16.20 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently PPHE Hotel Group Ltd 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): 9.02%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.37%
- • Asset Turnover: 0.23x
- • Equity Multiplier: 6.07x
- Recent ROE (9.02%) is above the historical average (3.77%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 9.28% | 11.30% | 0.22x | 3.74x | €-2.15 Million |
| 2014 | 12.79% | 15.31% | 0.23x | 3.65x | €9.03 Million |
| 2015 | 10.92% | 13.37% | 0.23x | 3.57x | €2.45 Million |
| 2016 | 11.72% | 12.89% | 0.21x | 4.40x | €5.15 Million |
| 2017 | 7.07% | 7.47% | 0.21x | 4.49x | €-10.06 Million |
| 2018 | 10.19% | 11.14% | 0.22x | 4.18x | €702.80K |
| 2019 | 8.99% | 9.48% | 0.23x | 4.20x | €-3.81 Million |
| 2020 | -26.40% | -80.30% | 0.06x | 5.19x | €-112.69 Million |
| 2021 | -18.72% | -36.87% | 0.08x | 6.02x | €-79.98 Million |
| 2022 | 3.22% | 3.08% | 0.18x | 5.90x | €-21.35 Million |
| 2023 | 7.13% | 5.41% | 0.22x | 6.12x | €-9.04 Million |
| 2024 | 9.02% | 6.37% | 0.23x | 6.07x | €-3.06 Million |
Industry Comparison
This section compares PPHE Hotel Group Ltd's net assets metrics with peer companies in the Lodging industry.
Industry Context
- Industry: Lodging
- Average net assets among peers: $2,405,713,383
- Average return on equity (ROE) among peers: 1.56%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| PPHE Hotel Group Ltd (32P) | €496.61 Million | 9.28% | 2.82x | $792.74 Million |
| MANDARIN ORIENTAL DL-05 (1C4) | $3.51 Billion | -19.36% | 0.30x | $3.70 Billion |
| MHP HOTEL AG INH O.N. (CDZ0) | $54.26 Million | -13.36% | 1.20x | $58.39 Million |
| MHP Hotel AG (CDZ0) | $49.46 Million | 2.87% | 1.33x | $65.82 Million |
| H WORLD GROUP DL-00001 (CL4) | $12.96 Billion | 39.20% | 4.00x | $11.38 Billion |
| INTERCONT HOTELS (IC1B) | $-1.95 Billion | 0.00% | 0.00x | $18.21 Billion |
| Northeast Electric Development Company Limited (NE4H) | $-194.64 Million | 0.00% | 0.00x | $11.74 Million |
About PPHE Hotel Group Ltd
PPHE Hotel Group Limited owns, co-owns, develops, leases, operates, and franchises hospitality real estate in the Netherlands, the United Kingdom, Germany, Croatia, Austria, Hungary, Italy, and Serbia. The company focuses on full-service upscale, upper upscale, and lifestyle hotels in cities and regional, as well as resort and campsite properties in select resort destinations. It owns and operate… Read more