Adler Group SA (ADJ) - Net Assets
Based on the latest financial reports, Adler Group SA (ADJ) has net assets worth €914.58 Million EUR (≈ $1.07 Billion USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€4.82 Billion ≈ $5.63 Billion USD) and total liabilities (€3.90 Billion ≈ $4.56 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 ADJ financial resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €914.58 Million |
| % of Total Assets | 18.99% |
| Annual Growth Rate | 0.65% |
| 5-Year Change | -68.17% |
| 10-Year Change | N/A |
| Growth Volatility | 1189.8 |
Adler Group SA - Net Assets Trend (2016–2024)
This chart illustrates how Adler Group SA's net assets have evolved over time, based on quarterly financial data. Also explore ADJ current and non-current assets for the complete picture of this company's asset base.
Annual Net Assets for Adler Group SA (2016–2024)
The table below shows the annual net assets of Adler Group SA from 2016 to 2024. For live valuation and market cap data, see how much is Adler Group SA worth.
| Year | Net Assets | Change |
|---|---|---|
| 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 315.1% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €2.68 Billion | 201.91% |
| Total Equity | €1.33 Billion | 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 |
|---|---|
|
Kumbi Corporation
KO:008870
|
$24.93 Million |
|
Shui-Mu International Co Ltd
TW:8443
|
$24.94 Million |
|
iBio, Inc. Common Stock
NYSE MKT:IBIO
|
$24.96 Million |
|
Globe Industries Corp
TW:1324
|
$24.97 Million |
|
Kothari Sugars And Chemicals Limited
NSE:KOTARISUG
|
$24.93 Million |
|
Axe Compute Inc.
NASDAQ:AGPU
|
$24.93 Million |
|
Fidelity European Values
LSE:FEV
|
$24.90 Million |
|
Aetherium Acquisition Corp
NASDAQ:GMFI
|
$24.90 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 2023 to 2024, total equity changed from -228,856,000 to 1,326,734,000, a change of 1,555,590,000.
- Net income of 873,604,000 contributed positively to equity growth.
- Other factors increased equity by 681,986,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €873.60 Million | +65.85% |
| Other Changes | €681.99 Million | +51.4% |
| Total Change | €- | % |
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: 0.02x
- 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 | €0.17 | x |
| 2018-12-31 | €42.61 | €0.17 | x |
| 2019-12-31 | €52.37 | €0.17 | x |
| 2020-12-31 | €35.28 | €0.17 | x |
| 2021-12-31 | €25.45 | €0.17 | x |
| 2022-12-31 | €12.06 | €0.17 | x |
| 2023-12-31 | €-1.51 | €0.17 | x |
| 2024-12-31 | €8.75 | €0.17 | 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): 65.85%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 222.75%
- • Asset Turnover: 0.06x
- • Equity Multiplier: 5.19x
- Recent ROE (65.85%) is above the historical average (0.90%), indicating improving 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 |
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: $10,448,134,861
- Average return on equity (ROE) among peers: 4.03%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Adler Group SA (ADJ) | €914.58 Million | 27.03% | 4.26x | $24.93 Million |
| Grainger PLC (1U4) | $1.89 Billion | 1.65% | 0.98x | $1.47 Billion |
| RomReal Limited (3RR) | $19.60 Million | -1.84% | 0.02x | $9.62 Million |
| Red Star Macalline Group Corporation Ltd (3S5) | $55.14 Billion | -4.38% | 1.25x | $131.73 Million |
| SOHO China Limited (45S) | $38.49 Billion | 19.20% | 1.02x | $258.70 Million |
| SHIMAO SERV.HLDGS HD-01 (5GO) | $8.37 Billion | -11.08% | 0.74x | $154.26 Million |
| LETUS CAPITAL ZY 1 (7I4) | $4.70 Million | 0.00% | 0.29x | $16.74 Million |
| NEW ZEALAND RURAL (8UK) | $206.89 Million | 19.18% | 0.55x | $67.81 Million |
| GROUPIMO S.A. INH. EO 1- (9KL0) | $2.57 Million | 2.15% | 0.58x | $212.14K |
| Accentro Real Estate AG (A4Y) | $220.81 Million | 11.99% | 1.63x | $660.85 |
| Hasen-Immobilien AG (ABHA) | $136.91 Million | 3.44% | 0.62x | $87.20 Million |
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 the rental and management of residential properties, including modernization and maintenance of properties, management of tenancy agreements… Read more