Kojamo (KOJAMO) - Net Assets
Based on the latest financial reports, Kojamo (KOJAMO) has net assets worth €3.59 Billion EUR (≈ $4.20 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 (€7.93 Billion ≈ $9.27 Billion USD) and total liabilities (€4.33 Billion ≈ $5.07 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 asset resilience ratio of Kojamo to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €3.59 Billion |
| % of Total Assets | 45.33% |
| Annual Growth Rate | 17.68% |
| 5-Year Change | -15.72% |
| 10-Year Change | 93.22% |
| Growth Volatility | 57.0 |
Kojamo - Net Assets Trend (2013–2025)
This chart illustrates how Kojamo's net assets have evolved over time, based on quarterly financial data. Also explore Kojamo asset portfolio for the complete picture of this company's asset base.
Annual Net Assets for Kojamo (2013–2025)
The table below shows the annual net assets of Kojamo from 2013 to 2025. For live valuation and market cap data, see KOJAMO stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | €3.59 Billion ≈ $4.20 Billion |
-1.00% |
| 2024-12-31 | €3.63 Billion ≈ $4.24 Billion |
+0.09% |
| 2023-12-31 | €3.63 Billion ≈ $4.24 Billion |
-5.64% |
| 2022-12-31 | €3.84 Billion ≈ $4.49 Billion |
-9.87% |
| 2021-12-31 | €4.26 Billion ≈ $4.98 Billion |
+28.82% |
| 2020-12-31 | €3.31 Billion ≈ $3.87 Billion |
+7.08% |
| 2019-12-31 | €3.09 Billion ≈ $3.61 Billion |
+31.06% |
| 2018-12-31 | €2.36 Billion ≈ $2.76 Billion |
+15.67% |
| 2017-12-31 | €2.04 Billion ≈ $2.38 Billion |
+9.63% |
| 2016-12-31 | €1.86 Billion ≈ $2.17 Billion |
+6.92% |
| 2015-12-31 | €1.74 Billion ≈ $2.03 Billion |
+10.10% |
| 2014-12-31 | €1.58 Billion ≈ $1.85 Billion |
+210.20% |
| 2013-12-31 | €509.19 Million ≈ $595.29 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Kojamo'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 768.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €3.34 Billion | 92.93% |
| Common Stock | €58.00 Million | 1.61% |
| Other Comprehensive Income | €160.10 Million | 4.46% |
| Other Components | €35.90 Million | 1.00% |
| Total Equity | €3.59 Billion | 100.00% |
Kojamo Competitors by Market Cap
The table below lists competitors of Kojamo ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Central China Land Media Co Ltd
SHE:000719
|
$2.08 Billion |
|
Beijing Originwater Technology
SHE:300070
|
$2.08 Billion |
|
BRP Inc.
NASDAQ:DOO
|
$2.08 Billion |
|
Nexwise Intelligence China Limited
SHE:301248
|
$2.08 Billion |
|
Formula Systems 1985 Ltd ADR
NASDAQ:FORTY
|
$2.08 Billion |
|
Lucid Group Inc
NASDAQ:LCID
|
$2.08 Billion |
|
AvidXchange Holdings Inc
NASDAQ:AVDX
|
$2.08 Billion |
|
Dongjin Semichem Co. Ltd
KQ:005290
|
$2.08 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Kojamo's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 3,629,200,000 to 3,593,000,000, a change of -36,200,000 (-1.0%).
- Net income of 20,800,000 contributed positively to equity growth.
- Share repurchases of 60,900,000 reduced equity.
- Other comprehensive income increased equity by 3,000,001.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €20.80 Million | +0.58% |
| Share Repurchases | €60.90 Million | -1.69% |
| Other Comprehensive Income | €3.00 Million | +0.08% |
| Other Changes | €900.00K | +0.03% |
| Total Change | €- | -1.00% |
Book Value vs Market Value Analysis
This analysis compares Kojamo'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: 0.51x
- 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 3.41x to 0.51x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-12-31 | €2.17 | €7.40 | x |
| 2014-12-31 | €6.88 | €7.40 | x |
| 2015-12-31 | €7.58 | €7.40 | x |
| 2016-12-31 | €8.10 | €7.40 | x |
| 2017-12-31 | €8.88 | €7.40 | x |
| 2018-12-31 | €9.86 | €7.40 | x |
| 2019-12-31 | €12.51 | €7.40 | x |
| 2020-12-31 | €13.39 | €7.40 | x |
| 2021-12-31 | €17.25 | €7.40 | x |
| 2022-12-31 | €15.55 | €7.40 | x |
| 2023-12-31 | €14.67 | €7.40 | x |
| 2024-12-31 | €14.69 | €7.40 | x |
| 2025-12-31 | €14.60 | €7.40 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Kojamo 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): 0.58%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.53%
- • Asset Turnover: 0.06x
- • Equity Multiplier: 2.21x
- Recent ROE (0.58%) is below the historical average (8.70%), 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 | 14.91% | 21.40% | 0.14x | 4.96x | €24.46 Million |
| 2014 | 7.01% | 30.97% | 0.09x | 2.51x | €-47.20 Million |
| 2015 | 10.31% | 48.34% | 0.09x | 2.44x | €5.45 Million |
| 2016 | 12.49% | 66.09% | 0.08x | 2.46x | €46.35 Million |
| 2017 | 10.44% | 63.18% | 0.07x | 2.42x | €9.04 Million |
| 2018 | 9.41% | 61.82% | 0.07x | 2.33x | €-14.01 Million |
| 2019 | 26.70% | 219.88% | 0.06x | 2.13x | €516.14 Million |
| 2020 | 9.45% | 81.51% | 0.05x | 2.19x | €-18.05 Million |
| 2021 | 24.00% | 261.27% | 0.04x | 2.04x | €597.07 Million |
| 2022 | -10.41% | -96.76% | 0.05x | 2.21x | €-784.17 Million |
| 2023 | -2.45% | -20.13% | 0.05x | 2.25x | €-451.59 Million |
| 2024 | 0.58% | 4.69% | 0.05x | 2.32x | €-341.72 Million |
| 2025 | 0.58% | 4.53% | 0.06x | 2.21x | €-338.50 Million |
Industry Comparison
This section compares Kojamo's net assets metrics with peer companies in the Real Estate Services industry.
Industry Context
- Industry: Real Estate Services
- Average net assets among peers: $53,287,000
- Average return on equity (ROE) among peers: 5.00%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Kojamo (KOJAMO) | €3.59 Billion | 14.91% | 1.21x | $2.08 Billion |
| Investors House (INVEST) | $36.71 Million | -2.09% | 0.72x | $27.33 Million |
| Ovaro Kiinteistosijoitus Oyj (OVARO) | $69.86 Million | 12.10% | 0.96x | $25.62 Million |
About Kojamo
Lumo Kodit Oyj operates as a private housing investment company in Finland. The company rents apartments and offers housing services under the Lumo brand name. It also offers broadband internet connection services, as well as car sharing services. The company was formerly known as Kojamo Oyj and changed its name to Lumo Kodit Oyj in March 2026. Lumo Kodit Oyj was founded in 1969 and is headquarte… Read more