TAG Immobilien AG (TEG) - Net Assets

Latest as of December 2025: €3.32 Billion EUR ≈ $3.88 Billion USD

Based on the latest financial reports, TAG Immobilien AG (TEG) has net assets worth €3.32 Billion EUR (≈ $3.88 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 (€8.95 Billion ≈ $10.46 Billion USD) and total liabilities (€5.63 Billion ≈ $6.58 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 TAG Immobilien AG (TEG) tangible equity ratio to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric Value
Current Net Assets €3.32 Billion
% of Total Assets 37.11%
Annual Growth Rate 9.42%
5-Year Change 6.15%
10-Year Change 143.27%
Growth Volatility 11.05

TAG Immobilien AG - Net Assets Trend (2013–2025)

This chart illustrates how TAG Immobilien AG's net assets have evolved over time, based on quarterly financial data. See how many days can TAG Immobilien AG fund operations to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for TAG Immobilien AG (2013–2025)

The table below shows the annual net assets of TAG Immobilien AG from 2013 to 2025. For live valuation and market cap data, see TAG Immobilien AG stock valuation.

Year Net Assets Change
2025-12-31 €3.32 Billion
≈ $3.88 Billion		 +7.17%
2024-12-31 €3.10 Billion
≈ $3.62 Billion		 +4.57%
2023-12-31 €2.96 Billion
≈ $3.47 Billion		 -10.38%
2022-12-31 €3.31 Billion
≈ $3.87 Billion		 +5.69%
2021-12-31 €3.13 Billion
≈ $3.66 Billion		 +16.71%
2020-12-31 €2.68 Billion
≈ $3.13 Billion		 +12.00%
2019-12-31 €2.39 Billion
≈ $2.80 Billion		 +16.89%
2018-12-31 €2.05 Billion
≈ $2.39 Billion		 +24.39%
2017-12-31 €1.65 Billion
≈ $1.93 Billion		 +20.58%
2016-12-31 €1.37 Billion
≈ $1.60 Billion		 +21.87%
2015-12-31 €1.12 Billion
≈ $1.31 Billion		 +11.49%
2014-12-31 €1.01 Billion
≈ $1.18 Billion		 -10.85%
2013-12-31 €1.13 Billion
≈ $1.32 Billion		 --

Equity Component Analysis

This analysis shows how different components contribute to TAG 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 grown by 650.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component Amount Percentage
Retained Earnings €2.11 Billion 64.74%
Other Components €1.15 Billion 35.26%
Total Equity €3.26 Billion 100.00%

TAG Immobilien AG Competitors by Market Cap

The table below lists competitors of TAG Immobilien AG ranked by their market capitalization.

Company Market Cap
Companhia de Gás de São Paulo - COMGÁS
SA:CGAS3
 $2.69 Billion
Viscofan
MC:VIS
 $2.69 Billion
Gold Road Resources Ltd
AU:GOR
 $2.69 Billion
Warby Parker Inc
NYSE:WRBY
 $2.69 Billion
Ligand Pharmaceuticals Incorporated
NASDAQ:LGND
 $2.69 Billion
Redwire Corp
NYSE:RDW
 $2.69 Billion
Cargotec Oyj
HE:CGCBV
 $2.68 Billion
North Navigation Control Technology Co Ltd
SHG:600435
 $2.68 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in TAG Immobilien AG's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 3,019,577,000 to 3,262,153,000, a change of 242,576,000 (8.0%).
  • Net income of 93,379,000 contributed positively to equity growth.
  • Dividend payments of 54,797,000 reduced retained earnings.
  • New share issuances of 183,889,000 increased equity.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income €93.38 Million +2.86%
Dividends Paid €54.80 Million -1.68%
Share Issuances €183.89 Million +5.64%
Other Changes €20.11 Million +0.62%
Total Change €- 8.03%

Book Value vs Market Value Analysis

This analysis compares TAG 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: 0.78x
  • 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 1.22x to 0.78x 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 €11.10 €13.54 x
2018-12-31 €13.71 €13.54 x
2019-12-31 €16.01 €13.54 x
2020-12-31 €17.79 €13.54 x
2021-12-31 €65.54 €13.54 x
2022-12-31 €18.23 €13.54 x
2023-12-31 €16.44 €13.54 x
2024-12-31 €17.21 €13.54 x
2025-12-31 €17.26 €13.54 x

Capital Efficiency Dashboard

This dashboard shows how efficiently TAG 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): 2.86%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 9.65%
  • • Asset Turnover: 0.11x
  • • Equity Multiplier: 2.74x
  • Recent ROE (2.86%) is below the historical average (9.69%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2013 2.53% 8.12% 0.09x 3.44x €-82.68 Million
2014 2.48% 4.53% 0.14x 3.92x €-71.72 Million
2015 13.39% 31.51% 0.12x 3.50x €36.79 Million
2016 14.91% 61.21% 0.08x 2.97x €66.28 Million
2017 19.13% 72.95% 0.09x 2.85x €148.50 Million
2018 23.97% 90.84% 0.11x 2.51x €280.32 Million
2019 19.05% 89.53% 0.09x 2.41x €212.00 Million
2020 15.12% 57.77% 0.11x 2.49x €133.26 Million
2021 18.77% 93.20% 0.09x 2.33x €266.48 Million
2022 3.54% 11.84% 0.12x 2.57x €-206.76 Million
2023 -13.76% -29.85% 0.18x 2.53x €-685.43 Million
2024 4.01% 11.18% 0.14x 2.57x €-180.83 Million
2025 2.86% 9.65% 0.11x 2.74x €-232.84 Million

Industry Comparison

This section compares TAG Immobilien AG's net assets metrics with peer companies in the Real Estate - Diversified industry.

Industry Context

  • Industry: Real Estate - Diversified
  • Average net assets among peers: $3,951,464,650
  • Average return on equity (ROE) among peers: 26.39%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
TAG Immobilien AG (TEG) €3.32 Billion 2.53% 1.69x $2.69 Billion
Appeninn Vagyonkezelo Holding Nyilvanosan Mukodo Reszvenytarsasag (0AP) $74.18 Million -7.79% 2.18x $85.84 Million
AS Pro Kapital Grupp (17E) $100.74 Million 16.70% 1.43x $39.76 Million
FRASERS PROPERTY (1IQ) $17.15 Billion 1.42% 1.32x $2.91 Billion
ALM EQUITY AB (I53) $7.15 Billion 47.33% 0.84x $71.30 Million
ATHOS IMMO (IJM.SG) (IJM) $51.24 Million 2.87% 0.49x $81.46 Million
TAG IMMOBILIEN ADR 1/2 (TEG0) $3.13 Billion 18.23% 1.27x $2.51 Billion
TMM REAL EST.DEV.GDR S 1 (TR61) $2.04 Million 105.99% 9.76x $2.42 Million

About TAG Immobilien AG

F:TEG Germany Real Estate - Diversified
Market Cap
$2.99 Billion
€2.56 Billion EUR
Market Cap Rank
#5369 Global
#850 in Germany
Share Price
€13.54
Change (1 day)
+0.74%
52-Week Range
€12.69 - €16.75
All Time High
€29.17
Categories
Companies in Germany Real Estate - Diversified
About

TAG Immobilien AG, a real estate company, engages in the development, management, and sale of residential property portfolio in Germany. It is also involved in the rental business. The company was formerly known as TAG Tegernsee Immobilien-und Beteiligungs-Aktiengesellschaft and changed its name to TAG Immobilien AG in September 2008. TAG Immobilien AG was founded in 1882 and is headquartered in … Read more