TAG IMMOBILIEN ADR 1/2 (TEG0) - Net Assets
Based on the latest financial reports, TAG IMMOBILIEN ADR 1/2 (TEG0) 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. Explore how efficiently does TAG IMMOBILIEN ADR 1/2 generate cash to assess how effectively this company generates cash.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €3.32 Billion |
| % of Total Assets | 37.11% |
| Annual Growth Rate | 1.5% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 7.07 |
TAG IMMOBILIEN ADR 1/2 - Net Assets Trend (2021–2025)
This chart illustrates how TAG IMMOBILIEN ADR 1/2's net assets have evolved over time, based on quarterly financial data. Also explore TAG IMMOBILIEN ADR 1/2 balance sheet assets for the complete picture of this company's asset base.
Annual Net Assets for TAG IMMOBILIEN ADR 1/2 (2021–2025)
The table below shows the annual net assets of TAG IMMOBILIEN ADR 1/2 from 2021 to 2025. For live valuation and market cap data, see TAG IMMOBILIEN ADR 1/2 market capitalisation.
| 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 |
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Equity Component Analysis
This analysis shows how different components contribute to TAG IMMOBILIEN ADR 1/2'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 11.5% over the analyzed period, potentially due to dividend distributions or operating losses.
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 ADR 1/2 Competitors by Market Cap
The table below lists competitors of TAG IMMOBILIEN ADR 1/2 ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Tibet Summit Resources Co Ltd
SHG:600338
|
$2.52 Billion |
|
SIMS LTD. ADR
F:I8MA
|
$2.52 Billion |
|
Atkore International Group Inc
NYSE:ATKR
|
$2.52 Billion |
|
Fibra Danhos
MX:DANHOS13
|
$2.52 Billion |
|
Rogers Corporation
NYSE:ROG
|
$2.51 Billion |
|
Unibel S.A
PA:UNBL
|
$2.51 Billion |
|
ANSELL (UNSP.ADRS)/4
F:PD1
|
$2.51 Billion |
|
LG Household & Healthcare
KO:051900
|
$2.51 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in TAG IMMOBILIEN ADR 1/2'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 ADR 1/2'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: 0.41x
- 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 | €19.83 | €7.00 | x |
| 2022-12-31 | €18.23 | €7.00 | x |
| 2023-12-31 | €16.44 | €7.00 | x |
| 2024-12-31 | €17.21 | €7.00 | x |
| 2025-12-31 | €17.26 | €7.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently TAG IMMOBILIEN ADR 1/2 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 (3.08%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 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 ADR 1/2's net assets metrics with peer companies in the Real Estate - Diversified industry.
Industry Context
- Industry: Real Estate - Diversified
- Average net assets among peers: $3,838,162,555
- Average return on equity (ROE) among peers: 18.17%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| TAG IMMOBILIEN ADR 1/2 (TEG0) | €3.32 Billion | 18.77% | 1.69x | $2.51 Billion |
| Appeninn Vagyonkezelo Holding Nyilvanosan Mukodo Reszvenytarsasag (0AP) | $118.55 Million | 13.14% | 0.95x | $78.86 Million |
| AS Pro Kapital Grupp (17E) | $54.42 Million | -1.65% | 0.97x | $40.82 Million |
| FRASERS PROPERTY (1IQ) | $18.20 Billion | 0.95% | 1.19x | $2.91 Billion |
| ALM EQUITY AB (I53) | $5.76 Billion | -12.46% | 1.00x | $80.14 Million |
| ATHOS IMMO (IJM.SG) (IJM) | $54.69 Million | 6.58% | 0.61x | $81.46 Million |
| TAG Immobilien AG (TEG) | $2.68 Billion | 14.68% | 1.42x | $2.69 Billion |
| TMM REAL EST.DEV.GDR S 1 (TR61) | $2.04 Million | 105.99% | 9.76x | $1.73 Million |
About TAG IMMOBILIEN ADR 1/2
TAG Immobilien AG, a real estate company, engages in the acquisition, development, and management of residential real estate properties in Germany. It operates residential flats and apartments. The company also rents commercial real estate properties. The company was formerly known as TAG Tegernsee Immobilien-und Beteiligungs-Aktiengesellschaft and changed its name to TAG Immobilien AG in Septemb… Read more