Accentro Real Estate AG
ACCENTRO Real Estate AG, together with its subsidiaries, operates as a real estate company that focuses on residential properties in Germany. The company operates through Trading/Privatization Business, Portfolio Business, and Service Business segments. It engages in acquisition, development, marketing, holding, and letting of its own outright; and offers estate agency services related to third-p… Read more
Accentro Real Estate AG (A4Y) - Net Assets
Latest net assets as of September 2023: €199.60 Million EUR
Based on the latest financial reports, Accentro Real Estate AG (A4Y) has net assets worth €199.60 Million EUR as of September 2023.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€755.96 Million) and total liabilities (€556.35 Million). 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 | €199.60 Million |
| % of Total Assets | 26.4% |
| Annual Growth Rate | 12.41% |
| 5-Year Change | 24.41% |
| 10-Year Change | N/A |
| Growth Volatility | 10.75 |
Accentro Real Estate AG - Net Assets Trend (2015–2022)
This chart illustrates how Accentro Real Estate AG's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Accentro Real Estate AG (2015–2022)
The table below shows the annual net assets of Accentro Real Estate AG from 2015 to 2022.
| Year | Net Assets | Change |
|---|---|---|
| 2022-12-31 | €247.71 Million | -4.96% |
| 2021-12-31 | €260.64 Million | +5.48% |
| 2020-12-31 | €247.10 Million | +11.91% |
| 2019-12-31 | €220.81 Million | +10.90% |
| 2018-12-31 | €199.10 Million | +29.54% |
| 2017-12-31 | €153.70 Million | +12.32% |
| 2016-12-31 | €136.84 Million | +25.26% |
| 2015-12-31 | €109.24 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Accentro Real Estate AG'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 291.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2022)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €120.79 Million | 51.62% |
| Other Components | €113.19 Million | 48.38% |
| Total Equity | €233.97 Million | 100.00% |
Accentro Real Estate AG Competitors by Market Cap
The table below lists competitors of Accentro Real Estate AG ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Starwood European Real Estate Finance Ltd
LSE:SWEF
|
$104.33 |
|
BRAZILIAN METAL
BE:LR4
|
$104.48 |
|
Fuel Ventures Vct Plc
LSE:FVV
|
$104.72 |
|
CHAMPION BREWERIES PLC
XNSA:CHAMPION
|
$104.72 |
|
Energroup Holdings Corp
PINK:ENHD
|
$103.96 |
|
Peer To Peer Network
PINK:PTOP
|
$103.46 |
|
BlockQuarry Corp
PINK:BLQC
|
$103.46 |
|
VNTAD
PINK:VNTAD
|
$103.10 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Accentro Real Estate AG's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2021 to 2022, total equity changed from 247,390,000 to 233,975,000, a change of -13,415,000 (-5.4%).
- Net loss of 14,731,000 reduced equity.
- Dividend payments of 1,298,000 reduced retained earnings.
- Other factors increased equity by 2,614,000.
Equity Change Factors (2021 to 2022)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-14.73 Million | -6.3% |
| Dividends Paid | €1.30 Million | -0.55% |
| Other Changes | €2.61 Million | +1.12% |
| Total Change | €- | -5.42% |
Book Value vs Market Value Analysis
This analysis compares Accentro Real Estate AG'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: 0.01x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | €6.10 | €0.06 | x |
| 2018-12-31 | €6.08 | €0.06 | x |
| 2019-12-31 | €6.74 | €0.06 | x |
| 2020-12-31 | €7.28 | €0.06 | x |
| 2021-12-31 | €7.63 | €0.06 | x |
| 2022-12-31 | €7.21 | €0.06 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Accentro Real Estate AG 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): -6.30%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -8.92%
- • Asset Turnover: 0.19x
- • Equity Multiplier: 3.75x
- Recent ROE (-6.30%) is below the historical average (10.05%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 20.84% | 57.32% | 0.10x | 3.64x | €11.77 Million |
| 2016 | 19.46% | 21.02% | 0.42x | 2.22x | €12.78 Million |
| 2017 | 13.26% | 13.67% | 0.42x | 2.29x | €4.95 Million |
| 2018 | 9.23% | 8.85% | 0.43x | 2.41x | €-1.52 Million |
| 2019 | 12.10% | 18.47% | 0.25x | 2.66x | €4.60 Million |
| 2020 | 7.01% | 13.23% | 0.15x | 3.65x | €-7.05 Million |
| 2021 | 4.79% | 6.15% | 0.21x | 3.76x | €-12.89 Million |
| 2022 | -6.30% | -8.92% | 0.19x | 3.75x | €-38.13 Million |
Industry Comparison
This section compares Accentro Real Estate AG's net assets metrics with peer companies in the Real Estate Services industry.
Industry Context
- Industry: Real Estate Services
- Average net assets among peers: $8,121,826,329
- Average return on equity (ROE) among peers: 7.07%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Accentro Real Estate AG (A4Y) | €199.60 Million | 20.84% | 2.79x | $104.15 |
| Intea Fastigheter AB (publ) (1DZ0) | $7.21 Billion | 27.32% | 1.57x | $1.64 Billion |
| The RMR Group Inc (26R) | $540.90 Million | 5.32% | 0.28x | $202.36 Million |
| Latvian Forest Company AB (publ) (2FD) | $33.43 Million | 0.82% | 0.28x | $19.28 Million |
| PHN (2PN) | $2.28 Billion | 3.03% | 0.66x | $30.69 Million |
| RomReal Limited (3RR) | $16.64 Million | 2.97% | 0.03x | $999.26K |
| Red Star Macalline Group Corporation Ltd (3S5) | $57.53 Billion | 3.56% | 1.35x | $234.20 Million |
| AMASTEN (4M2B) | $5.21 Billion | 11.02% | 1.33x | $207.35 Million |
| ZUEBLIN IMMO.H.NAM.SF22,5 (61Z1) | $141.97 Million | 6.12% | 0.69x | $138.66 Million |
| Hasen-Immobilien AG (ABHA) | $136.91 Million | 3.44% | 0.62x | $6.07 Million |