LIGHTHOUSE PROPERTIES (87O) - Net Assets
Based on the latest financial reports, LIGHTHOUSE PROPERTIES (87O) has net assets worth €923.61 Million EUR (≈ $1.08 Billion USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€1.66 Billion ≈ $1.94 Billion USD) and total liabilities (€738.44 Million ≈ $863.31 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 LIGHTHOUSE PROPERTIES liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €923.61 Million |
| % of Total Assets | 55.57% |
| Annual Growth Rate | 26.26% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 42.42 |
LIGHTHOUSE PROPERTIES - Net Assets Trend (2021–2025)
This chart illustrates how LIGHTHOUSE PROPERTIES's net assets have evolved over time, based on quarterly financial data. Also explore LIGHTHOUSE PROPERTIES (87O) total assets for the complete picture of this company's asset base.
Annual Net Assets for LIGHTHOUSE PROPERTIES (2021–2025)
The table below shows the annual net assets of LIGHTHOUSE PROPERTIES from 2021 to 2025. For live valuation and market cap data, see market value of LIGHTHOUSE PROPERTIES.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | €923.61 Million ≈ $1.08 Billion |
+7.34% |
| 2024-12-31 | €860.45 Million ≈ $1.01 Billion |
+9.76% |
| 2023-12-31 | €783.93 Million ≈ $916.49 Million |
+105.28% |
| 2022-12-31 | €381.89 Million ≈ $446.46 Million |
+5.09% |
| 2021-12-31 | €363.39 Million ≈ $424.84 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to LIGHTHOUSE PROPERTIES'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 83.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €257.60 Million | 27.73% |
| Other Components | €671.38 Million | 72.27% |
| Total Equity | €928.97 Million | 100.00% |
LIGHTHOUSE PROPERTIES Competitors by Market Cap
The table below lists competitors of LIGHTHOUSE PROPERTIES ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Bajaj Consumer Care Limited
NSE:BAJAJCON
|
$783.70 Million |
|
Zhejiang Yuejian Intelligent Equipment Co Ltd
SHG:603095
|
$783.82 Million |
|
Yunnan Nantian Electronics Information Co Ltd
SHE:000948
|
$783.91 Million |
|
Revolve Group LLC
NYSE:RVLV
|
$784.06 Million |
|
Sinosteel Luonai Materials Technology Co. Ltd. A
SHG:688119
|
$783.60 Million |
|
Fujian Raynen Tech Co Ltd
SHG:603933
|
$783.55 Million |
|
Grocery Outlet Holding Corp
NASDAQ:GO
|
$783.47 Million |
|
Nanjing Vishee Medical Technology Co Ltd
SHG:688580
|
$783.12 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in LIGHTHOUSE PROPERTIES's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 855,296,819 to 928,974,292, a change of 73,677,473 (8.6%).
- Net income of 103,011,474 contributed positively to equity growth.
- Share repurchases of 936,974 reduced equity.
- New share issuances of 19,222,270 increased equity.
- Other factors decreased equity by 47,619,297.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €103.01 Million | +11.09% |
| Share Repurchases | €936.97K | -0.1% |
| Share Issuances | €19.22 Million | +2.07% |
| Other Changes | €-47.62 Million | -5.13% |
| Total Change | €- | 8.61% |
Book Value vs Market Value Analysis
This analysis compares LIGHTHOUSE PROPERTIES'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: 0.87x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 1.76x to 0.87x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | €0.22 | €0.39 | x |
| 2022-12-31 | €0.21 | €0.39 | x |
| 2023-12-31 | €0.42 | €0.39 | x |
| 2024-12-31 | €0.42 | €0.39 | x |
| 2025-12-31 | €0.45 | €0.39 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently LIGHTHOUSE PROPERTIES 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): 11.09%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 69.70%
- • Asset Turnover: 0.09x
- • Equity Multiplier: 1.79x
- Recent ROE (11.09%) is below the historical average (13.26%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | -13.08% | -130.11% | 0.06x | 1.80x | €-82.03 Million |
| 2022 | 7.05% | 32.66% | 0.09x | 2.36x | €-10.54 Million |
| 2023 | 53.64% | 508.31% | 0.07x | 1.59x | €331.70 Million |
| 2024 | 7.59% | 60.01% | 0.08x | 1.63x | €-20.59 Million |
| 2025 | 11.09% | 69.70% | 0.09x | 1.79x | €10.11 Million |
Industry Comparison
This section compares LIGHTHOUSE PROPERTIES's net assets metrics with peer companies in the Real Estate Services industry.
Industry Context
- Industry: Real Estate Services
- Average net assets among peers: $17,286,792,792
- Average return on equity (ROE) among peers: 0.80%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| LIGHTHOUSE PROPERTIES (87O) | €923.61 Million | -13.08% | 0.80x | $783.67 Million |
| Grainger PLC (1U4) | $1.97 Billion | 11.66% | 0.82x | $1.35 Billion |
| A-LIVING SM.CI.SV. H YC 1 (1V0) | $14.45 Billion | 3.19% | 0.66x | $337.61 Million |
| E-H.(CH)ENT. H. DL-00001 (1VC) | $-5.03 Billion | 0.00% | 0.00x | $10.22 Million |
| RomReal Limited (3RR) | $18.04 Million | -12.27% | 0.66x | $8.39 Million |
| Red Star Macalline Group Corporation Ltd (3S5) | $55.14 Billion | -4.38% | 1.25x | $118.73 Million |
| SOHO China Limited (45S) | $35.65 Billion | 2.55% | 0.89x | $246.98 Million |
| CELLN.TELEC.UNSP.ADR/1/2 (4720) | $15.32 Billion | -0.18% | 1.85x | $17.56 Billion |
| SHIMAO SERV.HLDGS HD-01 (5GO) | $9.23 Billion | 12.03% | 0.97x | $154.26 Million |
| SUNAC SERVIC.HLDGS HD-01 (65D) | $7.77 Billion | -6.20% | 0.61x | $338.43 Million |
| COUNTRY GARDEN SVDL-0001 (75H) | $38.35 Billion | 1.57% | 0.87x | $2.18 Billion |
About LIGHTHOUSE PROPERTIES
Lighthouse Properties p.l.c. engages in property investments and operations business in Spain, Portugal, and France. Its property portfolio includes retail assets. The company invests in dominant and defensive malls, enhances property value through redevelopment and refurbishment, attracts and retains top-tier tenants, and builds strong stakeholder engagement. The company was formerly known as Li… Read more