COMSTOCK HLDG-A (CHO) - Net Assets
Based on the latest financial reports, COMSTOCK HLDG-A (CHO) has net assets worth €1.10 Billion EUR (≈ $1.29 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 (€2.33 Billion ≈ $2.72 Billion USD) and total liabilities (€1.22 Billion ≈ $1.43 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 COMSTOCK HLDG-A liquidity resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €1.10 Billion |
| % of Total Assets | 47.41% |
| Annual Growth Rate | 2.77% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 9.56 |
COMSTOCK HLDG-A - Net Assets Trend (2021–2025)
This chart illustrates how COMSTOCK HLDG-A's net assets have evolved over time, based on quarterly financial data. Also explore total assets of COMSTOCK HLDG-A for the complete picture of this company's asset base.
Annual Net Assets for COMSTOCK HLDG-A (2021–2025)
The table below shows the annual net assets of COMSTOCK HLDG-A from 2021 to 2025. For live valuation and market cap data, see COMSTOCK HLDG-A (CHO) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | €1.10 Billion ≈ $1.29 Billion |
+4.87% |
| 2024-12-31 | €1.05 Billion ≈ $1.23 Billion |
+6.46% |
| 2023-12-31 | €987.40 Million ≈ $1.15 Billion |
+13.86% |
| 2022-12-31 | €867.20 Million ≈ $1.01 Billion |
-12.24% |
| 2021-12-31 | €988.20 Million ≈ $1.16 Billion |
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Equity Component Analysis
This analysis shows how different components contribute to COMSTOCK HLDG-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 grown by 15180000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €82.50 Million | 7.48% |
| Other Components | €1.02 Billion | 92.52% |
| Total Equity | €1.10 Billion | 100.00% |
COMSTOCK HLDG-A Competitors by Market Cap
The table below lists competitors of COMSTOCK HLDG-A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
B Communications Ltd
TA:BCOM
|
$745.08 Million |
|
Zhejiang He Chuan Technology Corp. Ltd. A
SHG:688320
|
$745.37 Million |
|
Teyi Pharmaceutical Group Co Ltd
SHE:002728
|
$745.43 Million |
|
Jiangsu Jinling Sports Equipment Co Ltd
SHE:300651
|
$745.54 Million |
|
Shanghai Kinetic Medical Co
SHE:300326
|
$744.94 Million |
|
Danel (Adir Yeoshua) Ltd
TA:DANE
|
$744.79 Million |
|
Kuyas Yatirim AS
IS:KUYAS
|
$744.49 Million |
|
Tamboran Resources Corporation
AU:TBN
|
$744.06 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in COMSTOCK HLDG-A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,051,200,000 to 1,102,400,000, a change of 51,200,000 (4.9%).
- Net income of 116,800,000 contributed positively to equity growth.
- Dividend payments of 59,400,000 reduced retained earnings.
- Share repurchases of 15,500,000 reduced equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €116.80 Million | +10.6% |
| Dividends Paid | €59.40 Million | -5.39% |
| Share Repurchases | €15.50 Million | -1.41% |
| Other Changes | €9.30 Million | +0.84% |
| Total Change | €- | 4.87% |
Book Value vs Market Value Analysis
This analysis compares COMSTOCK HLDG-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: 0.67x
- 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 0.81x to 0.67x 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 | €5.97 | €4.81 | x |
| 2022-12-31 | €5.27 | €4.81 | x |
| 2023-12-31 | €6.25 | €4.81 | x |
| 2024-12-31 | €6.70 | €4.81 | x |
| 2025-12-31 | €7.14 | €4.81 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently COMSTOCK HLDG-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): 10.60%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 13.97%
- • Asset Turnover: 0.36x
- • Equity Multiplier: 2.11x
- Recent ROE (10.60%) is above the historical average (6.51%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | -4.25% | -22.04% | 0.17x | 1.14x | €-140.82 Million |
| 2022 | -5.06% | -13.11% | 0.28x | 1.40x | €-130.62 Million |
| 2023 | 19.32% | 31.68% | 0.40x | 1.52x | €92.06 Million |
| 2024 | 11.95% | 16.83% | 0.39x | 1.81x | €20.48 Million |
| 2025 | 10.60% | 13.97% | 0.36x | 2.11x | €6.56 Million |
Industry Comparison
This section compares COMSTOCK HLDG-A's net assets metrics with peer companies in the Insurance - Reinsurance industry.
Industry Context
- Industry: Insurance - Reinsurance
- Average net assets among peers: $28,074,075,200
- Average return on equity (ROE) among peers: -18.04%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| COMSTOCK HLDG-A (CHO) | €1.10 Billion | -4.25% | 1.11x | $744.97 Million |
| Maiden Holdings Ltd (4OWA) | $554.92 Million | -98.15% | 8.53x | $99.64 Million |
| China Reinsurance (Group) Corporation (C53) | $102.90 Billion | 5.55% | 3.41x | $980.80 Million |
| Hannover Rück SE (HNR1) | $12.76 Billion | 9.65% | 5.50x | $30.89 Billion |
| Münchener Rück AG (MUV2) | $19.77 Billion | -2.20% | 9.57x | $70.09 Billion |
| RenaissanceRe Holdings Ltd (RRJ) | $4.39 Billion | -5.06% | 2.47x | $10.62 Billion |
About COMSTOCK HLDG-A
Conduit Holdings Limited, through its subsidiary, provides reinsurance products and services in the United States, Europe, and worldwide. It operates in three divisions: Property, Casualty, and Specialty. The company offers property catastrophe and non-catastrophe reinsurance products; directors and officers, financial institutions, general, professional, including other errors and omissions, and… Read more