COVIVIO UNS.ADR/1/4 (F5D0) - Net Assets
Based on the latest financial reports, COVIVIO UNS.ADR/1/4 (F5D0) has net assets worth €12.65 Billion EUR (≈ $14.79 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 (€25.34 Billion ≈ $29.62 Billion USD) and total liabilities (€12.69 Billion ≈ $14.83 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 F5D0 asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €12.65 Billion |
| % of Total Assets | 49.93% |
| Annual Growth Rate | -1.83% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 8.05 |
COVIVIO UNS.ADR/1/4 - Net Assets Trend (2021–2025)
This chart illustrates how COVIVIO UNS.ADR/1/4's net assets have evolved over time, based on quarterly financial data. Also explore COVIVIO UNS.ADR/1/4 asset portfolio for the complete picture of this company's asset base.
Annual Net Assets for COVIVIO UNS.ADR/1/4 (2021–2025)
The table below shows the annual net assets of COVIVIO UNS.ADR/1/4 from 2021 to 2025. For live valuation and market cap data, see F5D0 stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | €12.65 Billion ≈ $14.79 Billion |
+5.30% |
| 2024-12-31 | €12.01 Billion ≈ $14.05 Billion |
+0.43% |
| 2023-12-31 | €11.96 Billion ≈ $13.99 Billion |
-15.10% |
| 2022-12-31 | €14.09 Billion ≈ $16.47 Billion |
+3.44% |
| 2021-12-31 | €13.62 Billion ≈ $15.93 Billion |
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Equity Component Analysis
This analysis shows how different components contribute to COVIVIO UNS.ADR/1/4'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 20.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €738.70 Million | 8.58% |
| Other Components | €7.88 Billion | 91.42% |
| Total Equity | €8.61 Billion | 100.00% |
COVIVIO UNS.ADR/1/4 Competitors by Market Cap
The table below lists competitors of COVIVIO UNS.ADR/1/4 ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Quebecor Inc
TO:QBR-B
|
$6.36 Billion |
|
Boyd Gaming Corporation
NYSE:BYD
|
$6.36 Billion |
|
Zabka Group S.A.
WAR:ZAB
|
$6.37 Billion |
|
Ryman Hospitality Properties Inc
NYSE:RHP
|
$6.38 Billion |
|
Argan Inc
NYSE:AGX
|
$6.36 Billion |
|
Telekom Austria AG
VI:TKA
|
$6.36 Billion |
|
Engie Brasil Energia S.A
F:7TE1
|
$6.35 Billion |
|
Jiangxi Copper Company Limited
F:JIX
|
$6.35 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in COVIVIO UNS.ADR/1/4's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 8,228,200,000 to 8,614,200,000, a change of 386,000,000 (4.7%).
- Net income of 738,700,000 contributed positively to equity growth.
- Dividend payments of 387,600,000 reduced retained earnings.
- Share repurchases of 18,800,000 reduced equity.
- New share issuances of 1,400,000 increased equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €738.70 Million | +8.58% |
| Dividends Paid | €387.60 Million | -4.5% |
| Share Repurchases | €18.80 Million | -0.22% |
| Share Issuances | €1.40 Million | +0.02% |
| Other Changes | €52.30 Million | +0.61% |
| Total Change | €- | 4.69% |
Book Value vs Market Value Analysis
This analysis compares COVIVIO UNS.ADR/1/4'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: 0.18x
- 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 |
|---|---|---|---|
| 2021-12-31 | €97.51 | €14.20 | x |
| 2022-12-31 | €100.64 | €14.20 | x |
| 2023-12-31 | €79.44 | €14.20 | x |
| 2024-12-31 | €74.27 | €14.20 | x |
| 2025-12-31 | €77.80 | €14.20 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently COVIVIO UNS.ADR/1/4 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): 8.58%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 52.92%
- • Asset Turnover: 0.06x
- • Equity Multiplier: 2.94x
- Recent ROE (8.58%) is above the historical average (1.64%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 10.05% | 106.61% | 0.03x | 3.07x | €4.21 Million |
| 2022 | 6.57% | 68.51% | 0.03x | 2.93x | €-323.61 Million |
| 2023 | -17.83% | -115.68% | 0.05x | 3.15x | €-2.21 Billion |
| 2024 | 0.83% | 5.34% | 0.05x | 3.02x | €-754.72 Million |
| 2025 | 8.58% | 52.92% | 0.06x | 2.94x | €-122.72 Million |
Industry Comparison
This section compares COVIVIO UNS.ADR/1/4's net assets metrics with peer companies in the REIT - Diversified industry.
Industry Context
- Industry: REIT - Diversified
- Average net assets among peers: $2,069,721,333
- Average return on equity (ROE) among peers: 16.04%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| COVIVIO UNS.ADR/1/4 (F5D0) | €12.65 Billion | 10.05% | 1.00x | $6.36 Billion |
| BRITISH LAND ADR/1 LS-25 (BLDA) | $5.71 Billion | 5.92% | 0.55x | $4.37 Billion |
| Hamborner REIT AG (HABA) | $497.37 Million | 10.91% | 1.59x | $390.85 Million |
| SM Wirtschaftsberatungs AG (SMWN) | $1.79 Million | 31.28% | 4.20x | $21.09 Million |
About COVIVIO UNS.ADR/1/4
Covivio is inventing today's user experience and designing tomorrow's city. A preferred real estate player at the European level, Covivio is close to its end users, capturing their aspirations, combining work, travel, living, and co-inventing vibrant spaces. A benchmark in the European real estate market with 23.6 billion pounds in assets, Covivio offers support to companies, hotel brands and ter… Read more