ERWE Immobilien AG (ERWE) - Net Assets
Based on the latest financial reports, ERWE Immobilien AG (ERWE) has net assets worth €57.75 Million EUR (≈ $67.52 Million USD) as of September 2022. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€244.66 Million ≈ $286.03 Million USD) and total liabilities (€186.90 Million ≈ $218.51 Million 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 ERWE Immobilien AG tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €57.75 Million |
| % of Total Assets | 23.61% |
| Annual Growth Rate | 52.14% |
| 5-Year Change | -49.92% |
| 10-Year Change | N/A |
| Growth Volatility | 2725.61 |
ERWE Immobilien AG - Net Assets Trend (2015–2022)
This chart illustrates how ERWE Immobilien AG's net assets have evolved over time, based on quarterly financial data. See ERWE Immobilien AG liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for ERWE Immobilien AG (2015–2022)
The table below shows the annual net assets of ERWE Immobilien AG from 2015 to 2022. For live valuation and market cap data, see ERWE market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2022-12-31 | €24.83 Million ≈ $29.03 Million |
-53.62% |
| 2021-12-31 | €53.55 Million ≈ $62.61 Million |
-8.29% |
| 2020-12-31 | €58.39 Million ≈ $68.26 Million |
+0.18% |
| 2019-12-31 | €58.28 Million ≈ $68.14 Million |
+17.54% |
| 2018-12-31 | €49.59 Million ≈ $57.97 Million |
+7771.40% |
| 2017-12-31 | €629.94K ≈ $736.47K |
-39.71% |
| 2016-12-31 | €1.04 Million ≈ $1.22 Million |
-20.61% |
| 2015-12-31 | €1.32 Million ≈ $1.54 Million |
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Equity Component Analysis
This analysis shows how different components contribute to ERWE Immobilien 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 decreased by 30071.2% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2022)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €56.33 Million | 235.09% |
| Total Equity | €23.96 Million | 100.00% |
ERWE Immobilien AG Competitors by Market Cap
The table below lists competitors of ERWE Immobilien AG ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
SCC Holdings Bhd
KLSE:0158
|
$8.33 Million |
|
Ssif Broker Cl
RO:BRK
|
$8.33 Million |
|
BIRKS GROUP INC. A
F:2BG
|
$8.33 Million |
|
Cazaly Resources Ltd
AU:CAZ
|
$8.34 Million |
|
Courtois S.A
PA:COUR
|
$8.32 Million |
|
Immuron Ltd
AU:IMC
|
$8.32 Million |
|
Maming Enam Sembilan Mineral Tbk PT
JK:AKSI
|
$8.31 Million |
|
Silla Sg Co. Ltd
KQ:025870
|
$8.31 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in ERWE Immobilien AG's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2021 to 2022, total equity changed from 51,066,738 to 23,961,287, a change of -27,105,451 (-53.1%).
- Net loss of 36,171,685 reduced equity.
- Other factors increased equity by 9,066,234.
Equity Change Factors (2021 to 2022)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-36.17 Million | -150.96% |
| Other Changes | €9.07 Million | +37.84% |
| Total Change | €- | -53.08% |
Book Value vs Market Value Analysis
This analysis compares ERWE Immobilien 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: 0.30x
- 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 0.52x to 0.30x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | €0.56 | €0.29 | x |
| 2018-12-31 | €2.80 | €0.29 | x |
| 2019-12-31 | €3.30 | €0.29 | x |
| 2020-12-31 | €3.32 | €0.29 | x |
| 2021-12-31 | €2.80 | €0.29 | x |
| 2022-12-31 | €0.98 | €0.29 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently ERWE Immobilien 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): -150.96%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -366.80%
- • Asset Turnover: 0.05x
- • Equity Multiplier: 8.96x
- Recent ROE (-150.96%) is below the historical average (-27.51%), 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 | 6.99% | 0.00% | 0.00x | 1.43x | €-39.60K |
| 2016 | -17.48% | 0.00% | 0.00x | 1.02x | €-287.13K |
| 2017 | -65.86% | 0.00% | 0.00x | 1.34x | €-477.85K |
| 2018 | 9.64% | 162.73% | 0.02x | 2.74x | €-166.13K |
| 2019 | 15.12% | 238.57% | 0.02x | 2.97x | €2.80 Million |
| 2020 | 0.47% | 4.60% | 0.03x | 3.92x | €-5.24 Million |
| 2021 | -18.02% | -146.67% | 0.03x | 4.31x | €-14.31 Million |
| 2022 | -150.96% | -366.80% | 0.05x | 8.96x | €-38.57 Million |
Industry Comparison
This section compares ERWE Immobilien AG's net assets metrics with peer companies in the Real Estate - Development industry.
Industry Context
- Industry: Real Estate - Development
- Average net assets among peers: $50,690,594,321
- Average return on equity (ROE) among peers: 6.13%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| ERWE Immobilien AG (ERWE) | €57.75 Million | 6.99% | 3.24x | $8.33 Million |
| REDSUN PROPERTIES GROUP (0RJ) | $14.82 Billion | -48.67% | 4.05x | $3.34 Million |
| CHINA VANKE CO.LTD H YC 1 (18V) | $338.85 Billion | -14.60% | 2.80x | $706.82 Million |
| ABITARE IN S.P.A. (1BN) | $96.01 Million | 8.22% | 3.00x | $65.18 Million |
| RONSHINE CH.HLD.HD-00001 (1R7) | $22.79 Billion | -25.98% | 5.46x | $15.74 Million |
| Pruksa Holding Public Company Limited (2PR3) | $38.66 Billion | 14.11% | 0.87x | $181.69 Million |
| Zhong An Group Limited (35Z) | $6.99 Billion | 4.57% | 1.97x | $32.78 Million |
| Sino-Ocean Group Holding Limited (3SD) | $65.61 Billion | 4.05% | 2.71x | $111.59 Million |
| BARKBY GRP PLC LS 000860 (3WY) | $32.85 Million | 132.07% | 0.83x | $125.67 Million |
| HUIJING HLDG.CO.LTD HD-01 (3XU) | $-334.48 Million | 0.00% | 0.00x | $7.88 Million |
| ZHONGLIANG HLDG HD-01 (3ZH) | $19.38 Billion | -12.52% | 5.87x | $10.40 Million |
About ERWE Immobilien AG
ERWE Immobilien AG is a real estate investment firm based in Munich, Germany. As of October 17, 2017, ERWE Immobilien AG operates as a subsidiary of Elbstein AG.