CORESTATE Capital Holding S.A
CORESTATE Capital Holding S.A. is a real estate investment firm specializing in investments in small to medium sized residential portfolios and commercial real estate markets. The firm seeks to invest in an anti-cyclical manner in Europe and expand its club-style deals from purely opportunistic to core-plus and value-add investments. The firm offers investment products in real estate funds, co-in… Read more
CORESTATE Capital Holding S.A (CCAP) - Net Assets
Latest net assets as of September 2022: €42.60 Million EUR
Based on the latest financial reports, CORESTATE Capital Holding S.A (CCAP) has net assets worth €42.60 Million EUR as of September 2022.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€767.60 Million) and total liabilities (€725.00 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 | €42.60 Million |
| % of Total Assets | 5.55% |
| Annual Growth Rate | 48.6% |
| 5-Year Change | 13.56% |
| 10-Year Change | N/A |
| Growth Volatility | 213.86 |
CORESTATE Capital Holding S.A - Net Assets Trend (2016–2021)
This chart illustrates how CORESTATE Capital Holding 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 CORESTATE Capital Holding S.A (2016–2021)
The table below shows the annual net assets of CORESTATE Capital Holding S.A from 2016 to 2021.
| Year | Net Assets | Change |
|---|---|---|
| 2021-12-31 | €626.20 Million | -9.05% |
| 2020-12-31 | €688.50 Million | +1.80% |
| 2019-12-31 | €676.35 Million | +8.92% |
| 2018-12-31 | €620.95 Million | +12.61% |
| 2017-12-31 | €551.43 Million | +537.89% |
| 2016-12-31 | €86.45 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to CORESTATE Capital Holding 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 decreased by 151.1% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2021)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | €2.60 Million | 0.42% |
| Other Components | €646.00 Million | 103.66% |
| Total Equity | €623.20 Million | 100.00% |
CORESTATE Capital Holding S.A Competitors by Market Cap
The table below lists competitors of CORESTATE Capital Holding S.A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
BMG Resources Ltd
AU:BMG
|
$8.10 Million |
|
Qbic Technology Co., Ltd.
TWO:6825
|
$8.10 Million |
|
Grande Group Limited Class A Ordinary Shares
NASDAQ:GRAN
|
$8.11 Million |
|
Prinsiri Public Company Limited
BK:PRIN
|
$8.11 Million |
|
SenesTech Inc
NASDAQ:SNES
|
$8.10 Million |
|
Fine Metal Technologies Public Company Limited
BK:FMT
|
$8.10 Million |
|
Elah Holdings Inc
PINK:ELLH
|
$8.09 Million |
|
Prajay Engineers Syndicate Limited
NSE:PRAENG
|
$8.09 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in CORESTATE Capital Holding S.A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2020 to 2021, total equity changed from 685,800,000 to 623,200,000, a change of -62,600,000 (-9.1%).
- Net loss of 201,100,000 reduced equity.
- Other factors increased equity by 138,500,000.
Equity Change Factors (2020 to 2021)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-201.10 Million | -32.27% |
| Other Changes | €138.50 Million | +22.22% |
| Total Change | €- | -9.13% |
Book Value vs Market Value Analysis
This analysis compares CORESTATE Capital Holding 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: 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 | €26.24 | €0.23 | x |
| 2018-12-31 | €29.17 | €0.23 | x |
| 2019-12-31 | €31.80 | €0.23 | x |
| 2020-12-31 | €26.72 | €0.23 | x |
| 2021-12-31 | €18.23 | €0.23 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently CORESTATE Capital Holding 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): -32.27%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -97.76%
- • Asset Turnover: 0.15x
- • Equity Multiplier: 2.27x
- Recent ROE (-32.27%) is below the historical average (3.10%), 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 | 17.89% | 36.48% | 0.32x | 1.52x | €6.79 Million |
| 2017 | 10.11% | 34.45% | 0.11x | 2.59x | €624.00K |
| 2018 | 16.82% | 51.18% | 0.15x | 2.24x | €42.41 Million |
| 2019 | 16.12% | 43.25% | 0.18x | 2.11x | €41.19 Million |
| 2020 | -10.08% | -34.62% | 0.14x | 2.14x | €-137.68 Million |
| 2021 | -32.27% | -97.76% | 0.15x | 2.27x | €-263.42 Million |
Industry Comparison
This section compares CORESTATE Capital Holding S.A's net assets metrics with peer companies in the Real Estate Services industry.
Industry Context
- Industry: Real Estate Services
- Average net assets among peers: $5,489,021,578
- Average return on equity (ROE) among peers: 8.52%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| CORESTATE Capital Holding S.A (CCAP) | €42.60 Million | 17.89% | 17.02x | $8.10 Million |
| Intea Fastigheter AB (publ) (1DZ0) | $7.21 Billion | 27.32% | 1.57x | $1.57 Billion |
| The RMR Group Inc (26R) | $347.71 Million | 10.27% | 0.43x | $199.43 Million |
| Latvian Forest Company AB (publ) (2FD) | $37.53 Million | 4.76% | 0.21x | $19.04 Million |
| PHN (2PN) | $2.01 Billion | 1.56% | 0.31x | $30.54 Million |
| Red Star Macalline Group Corporation Ltd (3S5) | $43.93 Billion | 9.28% | 1.21x | $213.49 Million |
| AMASTEN (4M2B) | $908.23 Million | 5.06% | 2.63x | $189.38 Million |
| ZUEBLIN IMMO.H.NAM.SF22,5 (61Z1) | $138.51 Million | 3.84% | 0.68x | $137.30 Million |
| Accentro Real Estate AG (A4Y) | $136.84 Million | 19.21% | 1.20x | $104.15 |
| Hasen-Immobilien AG (ABHA) | $136.91 Million | 3.44% | 0.62x | $6.64 Million |
| AGROB Immobilien AG (AGR3) | $32.21 Million | 0.43% | 1.20x | $53.71 Million |