Glenveagh Properties PLC (GVR) - Net Assets
Based on the latest financial reports, Glenveagh Properties PLC (GVR) has net assets worth €748.36 Million EUR (≈ $874.91 Million USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€1.26 Billion ≈ $1.47 Billion USD) and total liabilities (€510.35 Million ≈ $596.65 Million 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. Read Glenveagh Properties PLC (GVR) total liabilities for a breakdown of total debt and financial obligations.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €748.36 Million |
| % of Total Assets | 59.45% |
| Annual Growth Rate | 2.3% |
| 5-Year Change | -11.99% |
| 10-Year Change | N/A |
| Growth Volatility | 13.43 |
Glenveagh Properties PLC - Net Assets Trend (2017–2024)
This chart illustrates how Glenveagh Properties PLC's net assets have evolved over time, based on quarterly financial data. Also explore GVR current and non-current assets for the complete picture of this company's asset base.
Annual Net Assets for Glenveagh Properties PLC (2017–2024)
The table below shows the annual net assets of Glenveagh Properties PLC from 2017 to 2024. For live valuation and market cap data, see Glenveagh Properties PLC stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €751.17 Million ≈ $878.20 Million |
+10.77% |
| 2023-12-31 | €678.16 Million ≈ $792.84 Million |
-2.16% |
| 2022-12-31 | €693.12 Million ≈ $810.33 Million |
-11.60% |
| 2021-12-31 | €784.08 Million ≈ $916.67 Million |
-8.13% |
| 2020-12-31 | €853.51 Million ≈ $997.84 Million |
-1.50% |
| 2019-12-31 | €866.55 Million ≈ $1.01 Billion |
+2.78% |
| 2018-12-31 | €843.12 Million ≈ $985.69 Million |
+31.60% |
| 2017-12-31 | €640.68 Million ≈ $749.03 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Glenveagh Properties PLC'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 59153700000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €517.42 Million | 68.88% |
| Other Components | €233.75 Million | 31.12% |
| Total Equity | €751.17 Million | 100.00% |
Glenveagh Properties PLC Competitors by Market Cap
The table below lists competitors of Glenveagh Properties PLC ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Star Cement Limited
NSE:STARCEMENT
|
$1.01 Billion |
|
Lemon Tree Hotels Limited
NSE:LEMONTREE
|
$1.01 Billion |
|
Guangzhou Automobile Group Co. Ltd
F:02G
|
$1.01 Billion |
|
Yunding Technology Co Ltd
SHE:000409
|
$1.01 Billion |
|
Garware Hi-Tech Films Limited
NSE:GRWRHITECH
|
$1.00 Billion |
|
NAVIGATOR HLDGS LTD
F:1NV
|
$1.00 Billion |
|
Ventyx Biosciences Inc
NASDAQ:VTYX
|
$1.00 Billion |
|
Compass Minerals International Inc
NYSE:CMP
|
$1.00 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Glenveagh Properties PLC's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 678,156,000 to 751,170,000, a change of 73,014,000 (10.8%).
- Net income of 97,755,000 contributed positively to equity growth.
- Share repurchases of 30,433,000 reduced equity.
- New share issuances of 71,000 increased equity.
- Other comprehensive income decreased equity by 47,755,999.
- Other factors increased equity by 53,376,999.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €97.75 Million | +13.01% |
| Share Repurchases | €30.43 Million | -4.05% |
| Share Issuances | €71.00K | +0.01% |
| Other Comprehensive Income | €-47.76 Million | -6.36% |
| Other Changes | €53.38 Million | +7.11% |
| Total Change | €- | 10.77% |
Book Value vs Market Value Analysis
This analysis compares Glenveagh Properties PLC'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: 1.58x
- 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 2.20x to 1.58x 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 | €0.96 | €2.11 | x |
| 2018-12-31 | €1.13 | €2.11 | x |
| 2019-12-31 | €0.99 | €2.11 | x |
| 2020-12-31 | €0.98 | €2.11 | x |
| 2021-12-31 | €0.93 | €2.11 | x |
| 2022-12-31 | €1.00 | €2.11 | x |
| 2023-12-31 | €1.15 | €2.11 | x |
| 2024-12-31 | €1.34 | €2.11 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Glenveagh Properties PLC 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): 13.01%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 11.25%
- • Asset Turnover: 0.74x
- • Equity Multiplier: 1.57x
- Recent ROE (13.01%) is above the historical average (3.11%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | -8.02% | -3605.89% | 0.00x | 1.02x | €-115.45 Million |
| 2018 | -0.47% | -4.67% | 0.10x | 1.04x | €-88.24 Million |
| 2019 | 2.64% | 8.02% | 0.29x | 1.12x | €-63.81 Million |
| 2020 | -1.63% | -5.98% | 0.23x | 1.17x | €-99.25 Million |
| 2021 | 4.81% | 7.91% | 0.49x | 1.24x | €-40.71 Million |
| 2022 | 7.58% | 8.15% | 0.74x | 1.26x | €-16.74 Million |
| 2023 | 6.95% | 7.75% | 0.65x | 1.38x | €-20.71 Million |
| 2024 | 13.01% | 11.25% | 0.74x | 1.57x | €22.64 Million |
Industry Comparison
This section compares Glenveagh Properties PLC's net assets metrics with peer companies in the Residential Construction industry.
Industry Context
- Industry: Residential Construction
- Average net assets among peers: $763,738,000
- Average return on equity (ROE) among peers: 6.71%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Glenveagh Properties PLC (GVR) | €748.36 Million | -8.02% | 0.68x | $1.01 Billion |
| Cairn Homes PLC (C5H) | $763.74 Million | 6.71% | 0.27x | $1.27 Billion |
About Glenveagh Properties PLC
Glenveagh Properties PLC, together with its subsidiaries, constructs and sells houses and apartments for the private buyers, local authorities, and the private rental sector in Ireland. The company operates through three segments: Suburban, Urban, and Partnerships. It also provides financing and manufacturing services. The company was founded in 2003 and is headquartered in Maynooth, Ireland.