WCM BETEILIGUNG
WCM Beteiligungs- und Grundbesitz-AG is a real estate investment firm. It previously operated as an international industrial company. WCM Beteiligungs- und Grundbesitz-AG was founded in 1766 and is based in Frankfurt am Main, Germany.
WCM BETEILIGUNG (WCMK) - Net Assets
Latest net assets as of June 2024: €394.31 Million EUR
Based on the latest financial reports, WCM BETEILIGUNG (WCMK) has net assets worth €394.31 Million EUR as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€447.31 Million) and total liabilities (€52.99 Million). 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 | €394.31 Million |
| % of Total Assets | 88.15% |
| Annual Growth Rate | 3.2% |
| 5-Year Change | 14.98% |
| 10-Year Change | N/A |
| Growth Volatility | 8.23 |
WCM BETEILIGUNG - Net Assets Trend (2016–2023)
This chart illustrates how WCM BETEILIGUNG's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for WCM BETEILIGUNG (2016–2023)
The table below shows the annual net assets of WCM BETEILIGUNG from 2016 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | €393.87 Million | -5.73% |
| 2022-12-31 | €417.80 Million | +0.78% |
| 2021-12-31 | €414.57 Million | +17.69% |
| 2020-12-31 | €352.25 Million | +2.83% |
| 2019-12-31 | €342.56 Million | +4.38% |
| 2018-12-31 | €328.19 Million | +11.75% |
| 2017-12-31 | €293.69 Million | -7.04% |
| 2016-12-31 | €315.93 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to WCM BETEILIGUNG'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 14.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €89.55 Million | 22.74% |
| Other Components | €304.32 Million | 77.26% |
| Total Equity | €393.87 Million | 100.00% |
WCM BETEILIGUNG Competitors by Market Cap
The table below lists competitors of WCM BETEILIGUNG ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Index International Group Public Company Limited
BK:IND
|
$5.66 Million |
|
0O45
LSE:0O45
|
$5.66 Million |
|
Ewon Comfortech Co. Ltd
KQ:088290
|
$5.66 Million |
|
VC Inc.
KQ:365900
|
$5.67 Million |
|
Bluesky Digital Assets Corp
OTCQB:BTCWF
|
$5.66 Million |
|
Crescent NV
BR:OPTI
|
$5.66 Million |
|
Solusi Bangun Indonesia Tbk PT
JK:SMCB
|
$5.66 Million |
|
Alara Resources Ltd
AU:AUQ
|
$5.66 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in WCM BETEILIGUNG's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 417,800,000 to 393,871,000, a change of -23,929,000 (-5.7%).
- Net loss of 23,928,000 reduced equity.
- New share issuances of 5,898,000 increased equity.
- Other factors decreased equity by 5,899,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-23.93 Million | -6.08% |
| Share Issuances | €5.90 Million | +1.5% |
| Other Changes | €-5.90 Million | -1.5% |
| Total Change | €- | -5.73% |
Book Value vs Market Value Analysis
This analysis compares WCM BETEILIGUNG'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: 0.72x
- 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 0.88x to 0.72x 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 | €2.15 | €1.89 | x |
| 2018-12-31 | €2.40 | €1.89 | x |
| 2019-12-31 | €2.50 | €1.89 | x |
| 2020-12-31 | €2.57 | €1.89 | x |
| 2021-12-31 | €2.75 | €1.89 | x |
| 2022-12-31 | €2.78 | €1.89 | x |
| 2023-12-31 | €2.62 | €1.89 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently WCM BETEILIGUNG 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): -6.08%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -105.15%
- • Asset Turnover: 0.05x
- • Equity Multiplier: 1.14x
- Recent ROE (-6.08%) is below the historical average (3.18%), 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 | 5.20% | 48.44% | 0.05x | 2.34x | €-14.60 Million |
| 2017 | -1.40% | -8.87% | 0.06x | 2.86x | €-33.47 Million |
| 2018 | 10.51% | 59.58% | 0.07x | 2.64x | €1.66 Million |
| 2019 | 5.74% | 35.17% | 0.07x | 2.43x | €-14.58 Million |
| 2020 | 5.09% | 37.54% | 0.07x | 1.97x | €-17.30 Million |
| 2021 | 2.35% | 30.05% | 0.05x | 1.54x | €-31.70 Million |
| 2022 | 4.03% | 58.82% | 0.06x | 1.13x | €-24.94 Million |
| 2023 | -6.08% | -105.15% | 0.05x | 1.14x | €-63.32 Million |
Industry Comparison
This section compares WCM BETEILIGUNG'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 |
|---|---|---|---|---|
| WCM BETEILIGUNG (WCMK) | €394.31 Million | 5.20% | 0.13x | $5.66 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 |