Investors Real Estate Trust
IRET is a real estate company focused on the ownership, management, acquisition, redevelopment, and development of apartment communities. As of September 30, 2020, we owned interests in 67 apartment communities consisting of 11,910 apartment homes. IRET's common shares and Series C preferred shares are publicly traded on the New York Stock Exchange (NYSE symbols: IRET and IRET PC, respectively).
Investors Real Estate Trust (WXC1) - Net Assets
Latest net assets as of September 2025: €886.92 Million EUR
Based on the latest financial reports, Investors Real Estate Trust (WXC1) has net assets worth €886.92 Million EUR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€2.10 Billion) and total liabilities (€1.21 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 | €886.92 Million |
| % of Total Assets | 42.28% |
| Annual Growth Rate | 4.42% |
| 5-Year Change | 30.41% |
| 10-Year Change | N/A |
| Growth Volatility | 17.61 |
Investors Real Estate Trust - Net Assets Trend (2016–2024)
This chart illustrates how Investors Real Estate Trust's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Investors Real Estate Trust (2016–2024)
The table below shows the annual net assets of Investors Real Estate Trust from 2016 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €899.00 Million | -5.13% |
| 2023-12-31 | €947.59 Million | -1.99% |
| 2022-12-31 | €966.86 Million | -5.36% |
| 2021-12-31 | €1.02 Billion | +48.19% |
| 2020-12-31 | €689.38 Million | -1.02% |
| 2019-12-31 | €696.46 Million | +1.30% |
| 2017-12-31 | €687.50 Million | +8.08% |
| 2016-12-31 | €636.09 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Investors Real Estate Trust'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 14870100000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €1.29 Billion | 191.76% |
| Total Equity | €670.46 Million | 100.00% |
Investors Real Estate Trust Competitors by Market Cap
The table below lists competitors of Investors Real Estate Trust ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Youcare Pharmaceutical Group Co. Ltd. A
SHG:688658
|
$667.79 Million |
|
NB Bancorp, Inc. Common Stock
NASDAQ:NBBK
|
$667.93 Million |
|
HOB Biotech Group Corp Ltd
SHG:688656
|
$667.97 Million |
|
Taiheiyo Cement Corp
PINK:THYCY
|
$668.21 Million |
|
Guangzhou Wondfo Biotech Co Ltd
SHE:300482
|
$667.47 Million |
|
DINE S.A.B. de C.V
MX:DINEB
|
$667.42 Million |
|
Transcat Inc
NASDAQ:TRNS
|
$667.36 Million |
|
Guangxi Liuzhou Pharm Co Ltd
SHG:603368
|
$667.23 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Investors Real Estate Trust's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 726,392,000 to 670,460,000, a change of -55,932,000 (-7.7%).
- Net loss of 10,688,000 reduced equity.
- Dividend payments of 51,250,000 reduced retained earnings.
- Share repurchases of 101,744,000 reduced equity.
- New share issuances of 112,071,000 increased equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-10.69 Million | -1.59% |
| Dividends Paid | €51.25 Million | -7.64% |
| Share Repurchases | €101.74 Million | -15.18% |
| Share Issuances | €112.07 Million | +16.72% |
| Other Changes | €-4.32 Million | -0.64% |
| Total Change | €- | -7.70% |
Book Value vs Market Value Analysis
This analysis compares Investors Real Estate Trust'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: 1.33x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 1.16x to 1.33x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | €46.28 | €53.50 | x |
| 2017-12-31 | €51.32 | €53.50 | x |
| 2019-12-31 | €52.54 | €53.50 | x |
| 2020-12-31 | €48.73 | €53.50 | x |
| 2021-12-31 | €53.10 | €53.50 | x |
| 2022-12-31 | €49.67 | €53.50 | x |
| 2023-12-31 | €48.55 | €53.50 | x |
| 2024-12-31 | €40.10 | €53.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Investors Real Estate Trust 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): -1.59%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -4.10%
- • Asset Turnover: 0.14x
- • Equity Multiplier: 2.85x
- Recent ROE (-1.59%) is below the historical average (5.31%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 7.73% | 21.07% | 0.14x | 2.63x | €-12.75 Million |
| 2017 | 19.04% | 68.80% | 0.12x | 2.33x | €55.45 Million |
| 2019 | 12.46% | 42.64% | 0.13x | 2.19x | €15.64 Million |
| 2020 | 0.80% | 2.85% | 0.12x | 2.31x | €-58.40 Million |
| 2021 | 0.08% | 0.30% | 0.10x | 2.43x | €-79.13 Million |
| 2022 | -1.81% | -5.25% | 0.13x | 2.73x | €-88.08 Million |
| 2023 | 5.78% | 16.06% | 0.14x | 2.65x | €-30.67 Million |
| 2024 | -1.59% | -4.10% | 0.14x | 2.85x | €-77.73 Million |
Industry Comparison
This section compares Investors Real Estate Trust's net assets metrics with peer companies in the REIT-Residential industry.
No peer company data available for comparison.