Adler Group SA (ADJ) - Net Assets
Based on the latest financial reports, Adler Group SA (ADJ) has net assets worth €859.51 Million EUR (≈ $1.00 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 (€4.71 Billion ≈ $5.50 Billion USD) and total liabilities (€3.85 Billion ≈ $4.50 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. Check tangible equity quality of Adler Group SA to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €859.51 Million |
| % of Total Assets | 18.26% |
| Annual Growth Rate | -5.91% |
| 5-Year Change | -76.73% |
| 10-Year Change | N/A |
| Growth Volatility | 1132.33 |
Adler Group SA - Net Assets Trend (2016–2025)
This chart illustrates how Adler Group SA's net assets have evolved over time, based on quarterly financial data. See Adler Group SA liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Adler Group SA (2016–2025)
The table below shows the annual net assets of Adler Group SA from 2016 to 2025. For live valuation and market cap data, see how much is Adler Group SA worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | €859.51 Million ≈ $1.00 Billion |
-45.09% |
| 2024-12-31 | €1.57 Billion ≈ $1.83 Billion |
+3591.11% |
| 2023-12-31 | €42.40 Million ≈ $49.57 Million |
-97.78% |
| 2022-12-31 | €1.91 Billion ≈ $2.24 Billion |
-48.20% |
| 2021-12-31 | €3.69 Billion ≈ $4.32 Billion |
-24.89% |
| 2020-12-31 | €4.92 Billion ≈ $5.75 Billion |
+82.24% |
| 2019-12-31 | €2.70 Billion ≈ $3.15 Billion |
+22.81% |
| 2018-12-31 | €2.20 Billion ≈ $2.57 Billion |
+19.97% |
| 2017-12-31 | €1.83 Billion ≈ $2.14 Billion |
+23.21% |
| 2016-12-31 | €1.49 Billion ≈ $1.74 Billion |
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Equity Component Analysis
This analysis shows how different components contribute to Adler Group SA'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 decreased by 395.5% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €2.70 Billion | 320.75% |
| Total Equity | €841.31 Million | 100.00% |
Adler Group SA Competitors by Market Cap
The table below lists competitors of Adler Group SA ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Bcal Diagnostics Ltd
AU:BDX
|
$24.26 Million |
|
Crest Builder Holdings Bhd
KLSE:8591
|
$24.27 Million |
|
Jasa Kita Bhd
KLSE:8648
|
$24.27 Million |
|
Canna Global Acquisition Corp
NYSE:CNGL
|
$24.27 Million |
|
Hyrican Informationssysteme Aktiengesellschaft
F:HYI
|
$24.25 Million |
|
The Union Mosaic Industry Public Company Limited
BK:UMI
|
$24.25 Million |
|
Cherrybro co.Ltd
KQ:066360
|
$24.24 Million |
|
Hitechpros
PA:ALHIT
|
$24.23 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Adler Group SA's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,326,734,000 to 841,313,000, a change of -485,421,000 (-36.6%).
- Net loss of 486,620,000 reduced equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-486.62 Million | -57.84% |
| Other Changes | €1.20 Million | +0.14% |
| Total Change | €- | -36.59% |
Book Value vs Market Value Analysis
This analysis compares Adler Group SA'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: 0.03x
- 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 | €35.60 | €0.15 | x |
| 2018-12-31 | €42.61 | €0.15 | x |
| 2019-12-31 | €52.37 | €0.15 | x |
| 2020-12-31 | €35.28 | €0.15 | x |
| 2021-12-31 | €25.45 | €0.15 | x |
| 2022-12-31 | €12.06 | €0.15 | x |
| 2023-12-31 | €-1.51 | €0.15 | x |
| 2024-12-31 | €8.75 | €0.15 | x |
| 2025-12-31 | €5.55 | €0.15 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Adler Group SA 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): -57.84%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -161.02%
- • Asset Turnover: 0.06x
- • Equity Multiplier: 5.59x
- Recent ROE (-57.84%) is below the historical average (-4.98%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 27.03% | 359.96% | 0.04x | 1.75x | €248.96 Million |
| 2017 | 19.83% | 276.26% | 0.04x | 1.96x | €176.43 Million |
| 2018 | 17.99% | 249.89% | 0.04x | 1.94x | €171.90 Million |
| 2019 | 22.74% | 384.53% | 0.04x | 1.66x | €337.19 Million |
| 2020 | 3.85% | 21.05% | 0.05x | 3.58x | €-254.86 Million |
| 2021 | -39.37% | -102.93% | 0.09x | 4.36x | €-1.48 Billion |
| 2022 | -109.86% | -211.97% | 0.08x | 6.85x | €-1.70 Billion |
| 2023 | 0.00% | -372.18% | 0.06x | 0.00x | €-1.63 Billion |
| 2024 | 65.85% | 222.75% | 0.06x | 5.19x | €740.93 Million |
| 2025 | -57.84% | -161.02% | 0.06x | 5.59x | €-570.75 Million |
Industry Comparison
This section compares Adler Group SA's net assets metrics with peer companies in the Real Estate Services industry.
Industry Context
- Industry: Real Estate Services
- Average net assets among peers: $17,198,314,612
- Average return on equity (ROE) among peers: 5.93%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Adler Group SA (ADJ) | €859.51 Million | 27.03% | 4.48x | $24.26 Million |
| Grainger PLC (1U4) | $1.93 Billion | 1.33% | 0.93x | $1.35 Billion |
| A-LIVING SM.CI.SV. H YC 1 (1V0) | $12.91 Billion | 17.88% | 0.56x | $337.61 Million |
| E-H.(CH)ENT. H. DL-00001 (1VC) | $-9.99 Million | 0.00% | 0.00x | $8.18 Million |
| RomReal Limited (3RR) | $16.83 Million | 9.10% | 0.07x | $8.39 Million |
| Red Star Macalline Group Corporation Ltd (3S5) | $51.10 Billion | 3.39% | 1.57x | $110.06 Million |
| SOHO China Limited (45S) | $38.49 Billion | 19.20% | 1.02x | $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) | $8.65 Billion | 3.16% | 0.65x | $154.26 Million |
| SUNAC SERVIC.HLDGS HD-01 (65D) | $5.23 Billion | 3.87% | 0.88x | $292.36 Million |
| COUNTRY GARDEN SVDL-0001 (75H) | $38.35 Billion | 1.57% | 0.87x | $2.09 Billion |
About Adler Group SA
Adler Group S.A. engages in the purchase, development, and management of multi-family residential real estate properties in Germany. It operates through Residential property Management, Privatisation, Adler RE, and Consus segments. The company is involved in renting and managing residential properties, including modernization and maintenance of properties, management of tenancy agreements, and ma… Read more