Reitir fasteignafélag hf

IC:REITIR Iceland REIT - Diversified
Market Cap
$606.19 Million
Ikr85.31 Billion ISK
Market Cap Rank
#9750 Global
#8 in Iceland
Share Price
Ikr124.00
Change (1 day)
+0.00%
52-Week Range
Ikr97.00 - Ikr131.00
All Time High
Ikr131.00
About

Reitir fasteignafélag hf., together with its subsidiaries, owns and leases commercial real estate properties in Iceland. The company's property portfolio includes retail, office, building, apartments, and other commercial real estate. Reitir fasteignafélag hf. was incorporated in 2008 and is based in Reykjavik, Iceland.

Reitir fasteignafélag hf (REITIR) - Net Assets

Latest net assets as of September 2025: Ikr74.19 Billion ISK

Based on the latest financial reports, Reitir fasteignafélag hf (REITIR) has net assets worth Ikr74.19 Billion ISK as of September 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Ikr248.77 Billion) and total liabilities (Ikr174.57 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 Ikr74.19 Billion
% of Total Assets 29.82%
Annual Growth Rate 10.54%
5-Year Change 37.1%
10-Year Change 54.97%
Growth Volatility 28.67

Reitir fasteignafélag hf - Net Assets Trend (2009–2024)

This chart illustrates how Reitir fasteignafélag hf's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Reitir fasteignafélag hf (2009–2024)

The table below shows the annual net assets of Reitir fasteignafélag hf from 2009 to 2024.

Year Net Assets Change
2024-12-31 Ikr72.43 Billion +20.17%
2023-12-31 Ikr60.27 Billion +7.43%
2022-12-31 Ikr56.10 Billion -4.45%
2021-12-31 Ikr58.72 Billion +11.15%
2020-12-31 Ikr52.83 Billion +10.88%
2019-12-31 Ikr47.64 Billion +1.56%
2018-12-31 Ikr46.91 Billion -4.80%
2017-12-31 Ikr49.28 Billion +6.77%
2016-12-31 Ikr46.16 Billion -1.24%
2015-12-31 Ikr46.74 Billion +16.99%
2014-12-31 Ikr39.95 Billion +93.75%
2013-12-31 Ikr20.62 Billion +59.24%
2012-12-31 Ikr12.95 Billion -33.60%
2011-12-31 Ikr19.50 Billion -3.12%
2010-12-31 Ikr20.13 Billion +24.99%
2009-12-31 Ikr16.11 Billion --

Equity Component Analysis

This analysis shows how different components contribute to Reitir fasteignafélag hf'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 3503800000000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings Ikr35.04 Billion 48.38%
Other Components Ikr37.39 Billion 51.62%
Total Equity Ikr72.43 Billion 100.00%

Reitir fasteignafélag hf Competitors by Market Cap

The table below lists competitors of Reitir fasteignafélag hf ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Reitir fasteignafélag hf's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 60,273,000,000 to 72,429,000,000, a change of 12,156,000,000 (20.2%).
  • Net income of 15,266,000,000 contributed positively to equity growth.
  • Dividend payments of 1,459,000,000 reduced retained earnings.
  • Share repurchases of 1,686,000,000 reduced equity.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income Ikr15.27 Billion +21.08%
Dividends Paid Ikr1.46 Billion -2.01%
Share Repurchases Ikr1.69 Billion -2.33%
Other Changes Ikr35.00 Million +0.05%
Total Change Ikr- 20.17%

Book Value vs Market Value Analysis

This analysis compares Reitir fasteignafélag hf'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: 1.20x
  • The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
  • The price-to-book ratio has decreased from 1.83x to 1.20x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2020-12-31 Ikr67.86 Ikr124.00 x
2023-12-31 Ikr83.48 Ikr124.00 x
2024-12-31 Ikr103.32 Ikr124.00 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Reitir fasteignafélag hf 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): 21.08%
  • The company demonstrates strong efficiency in generating profits from shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 92.85%
  • • Asset Turnover: 0.07x
  • • Equity Multiplier: 3.19x
  • Recent ROE (21.08%) is above the historical average (8.84%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2014 6.15% 23.08% 0.10x 2.56x Ikr-1.54 Billion
2015 15.83% 82.86% 0.08x 2.41x Ikr2.72 Billion
2016 5.24% 24.09% 0.07x 2.90x Ikr-2.20 Billion
2017 11.51% 52.60% 0.08x 2.85x Ikr742.90 Million
2018 0.23% 0.96% 0.08x 3.06x Ikr-4.58 Billion
2019 6.98% 28.35% 0.08x 3.18x Ikr-1.44 Billion
2020 3.69% 18.22% 0.07x 2.96x Ikr-3.34 Billion
2021 12.91% 63.99% 0.07x 2.91x Ikr1.71 Billion
2022 1.20% 4.99% 0.08x 3.12x Ikr-4.94 Billion
2023 12.45% 49.67% 0.08x 3.21x Ikr1.48 Billion
2024 21.08% 92.85% 0.07x 3.19x Ikr8.02 Billion

Industry Comparison

This section compares Reitir fasteignafélag hf's net assets metrics with peer companies in the REIT - Diversified industry.

No peer company data available for comparison.