Raven Property Group Limited
Raven was founded in 2005 to invest in class A warehouse complexes in Russia and lease to Russian and International tenants. Its Ordinary Shares, preference shares and warrants are listed on the Main Market of the London Stock Exchange and admitted to the Official List of the UK Listing Authority and the Official List of The International Stock Exchange ("TISE"). Its Ordinary Shares also have a s… Read more
Raven Property Group Limited (R4M) - Net Assets
Latest net assets as of June 2021: €264.50 Million EUR
Based on the latest financial reports, Raven Property Group Limited (R4M) has net assets worth €264.50 Million EUR as of June 2021.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€1.31 Billion) and total liabilities (€1.04 Billion). 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 | €264.50 Million |
| % of Total Assets | 20.25% |
| Annual Growth Rate | -17.41% |
| 5-Year Change | -42.36% |
| 10-Year Change | N/A |
| Growth Volatility | 19.12 |
Raven Property Group Limited - Net Assets Trend (2013–2020)
This chart illustrates how Raven Property Group Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Raven Property Group Limited (2013–2020)
The table below shows the annual net assets of Raven Property Group Limited from 2013 to 2020.
| Year | Net Assets | Change |
|---|---|---|
| 2020-12-31 | €233.69 Million | -36.12% |
| 2019-12-31 | €365.80 Million | +23.74% |
| 2018-12-31 | €295.63 Million | -24.59% |
| 2017-12-31 | €392.01 Million | -3.31% |
| 2016-12-31 | €405.43 Million | -12.82% |
| 2015-12-31 | €465.04 Million | -33.31% |
| 2014-12-31 | €697.29 Million | -21.82% |
| 2013-12-31 | €891.92 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Raven Property Group Limited'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 23.7% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2020)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €466.13 Million | 199.46% |
| Common Stock | €5.91 Million | 2.53% |
| Total Equity | €233.69 Million | 100.00% |
Raven Property Group Limited Competitors by Market Cap
The table below lists competitors of Raven Property Group Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Willow Lane Acquisition Corp. Warrants
NASDAQ:WLACW
|
$23.76 Million |
|
Northumberland Bancorp
PINK:NUBC
|
$23.76 Million |
|
Ledlink Optics
TWO:5230
|
$23.76 Million |
|
Bundamedik Tbk PT
JK:BMHS
|
$23.76 Million |
|
Suraj Estate Developers Ltd.
NSE:SURAJEST
|
$23.75 Million |
|
Infas Holding AG
F:IFS
|
$23.73 Million |
|
3i Infotech Limited
NSE:3IINFOLTD
|
$23.73 Million |
|
Sun A.Kaken CompanyLimited
F:KK2
|
$23.73 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Raven Property Group Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2019 to 2020, total equity changed from 365,798,000 to 233,690,000, a change of -132,108,000 (-36.1%).
- Net loss of 14,157,000 reduced equity.
- Dividend payments of 24,623,000 reduced retained earnings.
- Share repurchases of 9,158,000 reduced equity.
- Other factors decreased equity by 84,170,000.
Equity Change Factors (2019 to 2020)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-14.16 Million | -6.06% |
| Dividends Paid | €24.62 Million | -10.54% |
| Share Repurchases | €9.16 Million | -3.92% |
| Other Changes | €-84.17 Million | -36.02% |
| Total Change | €- | -36.12% |
Book Value vs Market Value Analysis
This analysis compares Raven Property Group Limited'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: 0.16x
- 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 | €0.59 | €0.07 | x |
| 2018-12-31 | €0.47 | €0.07 | x |
| 2019-12-31 | €0.76 | €0.07 | x |
| 2020-12-31 | €0.41 | €0.07 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Raven Property Group Limited 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): -6.06%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -9.20%
- • Asset Turnover: 0.13x
- • Equity Multiplier: 5.26x
- Recent ROE (-6.06%) is above the historical average (-9.54%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | -0.44% | -1.43% | 0.13x | 2.43x | €-93.11 Million |
| 2014 | -12.65% | -34.11% | 0.13x | 2.83x | €-157.92 Million |
| 2015 | -41.36% | -86.56% | 0.13x | 3.62x | €-238.86 Million |
| 2016 | 1.54% | 3.95% | 0.12x | 3.29x | €-34.29 Million |
| 2017 | 10.89% | 25.29% | 0.11x | 3.80x | €3.49 Million |
| 2018 | -40.82% | -74.20% | 0.12x | 4.72x | €-150.24 Million |
| 2019 | 12.58% | 26.24% | 0.12x | 4.15x | €9.44 Million |
| 2020 | -6.06% | -9.20% | 0.13x | 5.26x | €-37.53 Million |
Industry Comparison
This section compares Raven Property Group Limited's net assets metrics with peer companies in the Real Estate Services industry.
Industry Context
- Industry: Real Estate Services
- Average net assets among peers: $1,177,305,112
- Average return on equity (ROE) among peers: 3.44%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Raven Property Group Limited (R4M) | €264.50 Million | -0.44% | 3.94x | $23.76 Million |
| Intea Fastigheter AB (publ) (1DZ0) | $8.99 Billion | 10.06% | 1.40x | $1.74 Billion |
| The RMR Group Inc (26R) | $289.66 Million | 14.60% | 0.32x | $202.36 Million |
| Latvian Forest Company AB (publ) (2FD) | $33.43 Million | 0.82% | 0.28x | $19.45 Million |
| PHN (2PN) | $2.05 Billion | 2.33% | 0.36x | $30.54 Million |
| AMASTEN (4M2B) | $17.10 Million | -53.22% | 0.33x | $207.35 Million |
| ZUEBLIN IMMO.H.NAM.SF22,5 (61Z1) | $138.51 Million | 3.84% | 0.68x | $135.94 Million |
| Accentro Real Estate AG (A4Y) | $153.70 Million | 13.11% | 1.26x | $104.15 |
| Hasen-Immobilien AG (ABHA) | $62.88 Million | 26.88% | 3.42x | $6.07 Million |
| AGROB Immobilien AG (AGR3) | $32.34 Million | 0.04% | 3.66x | $55.86 Million |
| The Grounds Real Estate Development AG (AMM) | $7.44 Million | 15.96% | 2.76x | $6.03 Million |