Kaufman & Broad S.A
Kaufman & Broad S.A. operates as a property developer and builder in France. It develops, builds, and sells residential properties, managed residences, hotels, offices, shops, logistics platforms, and business parks. Kaufman & Broad S.A. was incorporated in 1968 and is headquartered in Courbevoie, France.
Kaufman & Broad S.A (3GH) - Net Assets
Latest net assets as of August 2025: €220.22 Million EUR
Based on the latest financial reports, Kaufman & Broad S.A (3GH) has net assets worth €220.22 Million EUR as of August 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€1.60 Billion) and total liabilities (€1.38 Billion). 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 | €220.22 Million |
| % of Total Assets | 13.78% |
| Annual Growth Rate | 0.89% |
| 5-Year Change | -14.42% |
| 10-Year Change | 5.26% |
| Growth Volatility | 20.46 |
Kaufman & Broad S.A - Net Assets Trend (2014–2024)
This chart illustrates how Kaufman & Broad S.A's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Kaufman & Broad S.A (2014–2024)
The table below shows the annual net assets of Kaufman & Broad S.A from 2014 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-11-30 | €235.69 Million | +0.52% |
| 2023-11-30 | €234.46 Million | -8.54% |
| 2022-11-30 | €256.35 Million | -4.24% |
| 2021-11-30 | €267.71 Million | -2.80% |
| 2020-11-30 | €275.42 Million | -6.33% |
| 2019-11-30 | €294.03 Million | +12.33% |
| 2018-11-30 | €261.75 Million | +21.50% |
| 2017-11-30 | €215.44 Million | +47.80% |
| 2016-11-30 | €145.77 Million | -34.90% |
| 2015-11-30 | €223.92 Million | +3.85% |
| 2014-11-30 | €215.62 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Kaufman & Broad S.A'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 15.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (November 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €44.97 Million | 20.44% |
| Other Components | €175.08 Million | 79.56% |
| Total Equity | €220.05 Million | 100.00% |
Kaufman & Broad S.A Competitors by Market Cap
The table below lists competitors of Kaufman & Broad S.A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Fastned B.V.
AS:FAST
|
$421.72 Million |
|
Intralot S.A. Integrated Lottery Systems and Services
PINK:IRLTF
|
$421.86 Million |
|
Performant Healthcare, Inc
NASDAQ:PHLT
|
$421.89 Million |
|
Minto Apartment Real Estate Investment Trust
TO:MI-UN
|
$421.91 Million |
|
LUMENT FINAN.TR.PRF.A 25
F:70X1
|
$421.65 Million |
|
Sporton International
TWO:6146
|
$421.54 Million |
|
Bloomin Brands Inc
NASDAQ:BLMN
|
$421.26 Million |
|
Satrec Initiative Co. Ltd
KQ:099320
|
$421.09 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Kaufman & Broad S.A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 220,803,000 to 220,049,000, a change of -754,000 (-0.3%).
- Net income of 44,970,000 contributed positively to equity growth.
- Dividend payments of 46,765,000 reduced retained earnings.
- Share repurchases of 11,507,000 reduced equity.
- New share issuances of 11,305,000 increased equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €44.97 Million | +20.44% |
| Dividends Paid | €46.77 Million | -21.25% |
| Share Repurchases | €11.51 Million | -5.23% |
| Share Issuances | €11.30 Million | +5.14% |
| Other Changes | €1.24 Million | +0.56% |
| Total Change | €- | -0.34% |
Book Value vs Market Value Analysis
This analysis compares Kaufman & Broad S.A'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: 2.58x
- 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 3.07x to 2.58x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-11-30 | €9.49 | €29.15 | x |
| 2018-11-30 | €11.57 | €29.15 | x |
| 2019-11-30 | €12.93 | €29.15 | x |
| 2020-11-30 | €12.47 | €29.15 | x |
| 2021-11-30 | €11.75 | €29.15 | x |
| 2022-11-30 | €11.75 | €29.15 | x |
| 2023-11-30 | €11.40 | €29.15 | x |
| 2024-11-30 | €11.29 | €29.15 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Kaufman & Broad S.A 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): 20.44%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.18%
- • Asset Turnover: 0.61x
- • Equity Multiplier: 8.06x
- Recent ROE (20.44%) is below the historical average (23.54%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 18.33% | 3.50% | 0.94x | 5.59x | €17.23 Million |
| 2015 | 18.69% | 3.74% | 0.94x | 5.33x | €18.49 Million |
| 2016 | 35.26% | 3.72% | 1.03x | 9.18x | €32.98 Million |
| 2017 | 29.97% | 4.25% | 1.04x | 6.76x | €39.39 Million |
| 2018 | 29.49% | 4.68% | 1.11x | 5.69x | €48.22 Million |
| 2019 | 26.96% | 5.18% | 0.94x | 5.54x | €47.98 Million |
| 2020 | 15.07% | 3.45% | 0.81x | 5.41x | €13.50 Million |
| 2021 | 17.19% | 3.42% | 0.87x | 5.75x | €18.35 Million |
| 2022 | 20.28% | 3.73% | 0.87x | 6.25x | €24.84 Million |
| 2023 | 27.24% | 4.27% | 0.82x | 7.74x | €38.07 Million |
| 2024 | 20.44% | 4.18% | 0.61x | 8.06x | €22.97 Million |
Industry Comparison
This section compares Kaufman & Broad S.A's net assets metrics with peer companies in the Residential Construction industry.
Industry Context
- Industry: Residential Construction
- Average net assets among peers: $265,595,096,600
- Average return on equity (ROE) among peers: 12.26%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Kaufman & Broad S.A (3GH) | €220.22 Million | 18.33% | 6.26x | $421.70 Million |
| Bellway p.l.c (41B) | $1.37 Billion | 14.01% | 0.44x | $3.24 Billion |
| HELMA Eigenheimbau Aktiengesellschaft (H5E) | $108.59 Million | 14.87% | 2.50x | $113.89K |
| HASEKO Corporation (HS6) | $394.37 Billion | 12.24% | 1.42x | $3.03 Billion |
| Iida Group Holdings Co. Ltd (IIO) | $930.56 Billion | 11.11% | 0.82x | $1.99 Billion |
| Meritage Homes Corporation (MEY) | $1.58 Billion | 9.09% | 1.06x | $3.68 Billion |