Globalworth REIT
Globalworth is a listed real estate company active in Central and Eastern Europe, quoted on the AIM-segment of the London Stock Exchange. It has become the pre-eminent office investor in the CEE real estate market through its market-leading positions both in Poland and Romania. Globalworth acquires, develops and directly manages high-quality office and industrial real estate assets in prime locat… Read more
Globalworth REIT (GWI) - Net Assets
Latest net assets as of June 2025: €1.53 Billion EUR
Based on the latest financial reports, Globalworth REIT (GWI) has net assets worth €1.53 Billion EUR as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€3.06 Billion) and total liabilities (€1.53 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 | €1.53 Billion |
| % of Total Assets | 49.88% |
| Annual Growth Rate | 18.98% |
| 5-Year Change | -13.47% |
| 10-Year Change | 203.98% |
| Growth Volatility | 64.91 |
Globalworth REIT - Net Assets Trend (2012–2024)
This chart illustrates how Globalworth REIT's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Globalworth REIT (2012–2024)
The table below shows the annual net assets of Globalworth REIT from 2012 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €1.52 Billion | -5.22% |
| 2023-12-31 | €1.60 Billion | -3.31% |
| 2022-12-31 | €1.66 Billion | -4.67% |
| 2021-12-31 | €1.74 Billion | -0.95% |
| 2020-12-31 | €1.76 Billion | -8.32% |
| 2019-12-31 | €1.91 Billion | +47.59% |
| 2018-12-31 | €1.30 Billion | +14.16% |
| 2017-12-31 | €1.14 Billion | +58.86% |
| 2016-12-31 | €715.39 Million | +43.17% |
| 2015-12-31 | €499.68 Million | +27.23% |
| 2014-12-31 | €392.74 Million | +226.53% |
| 2013-12-31 | €120.28 Million | -36.25% |
| 2012-12-31 | €188.68 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Globalworth REIT'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 29403600000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | €1.82 Billion | 120.01% |
| Other Comprehensive Income | €-5.19 Million | -0.34% |
| Total Equity | €1.52 Billion | 100.00% |
Globalworth REIT Competitors by Market Cap
The table below lists competitors of Globalworth REIT ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Tri-County Financial Group Inc
OTCQX:TYFG
|
$69.85 Million |
|
RUMBLEON CL.B DL-001
F:4Q01
|
$69.91 Million |
|
Eastern Polymer Group Public Company Limited
BK:EPG
|
$69.91 Million |
|
Captor Therapeutics S.A.
WAR:CTX
|
$69.93 Million |
|
PLAYWAY S.A. ZY-10
F:6P5
|
$69.84 Million |
|
ZTEST
BATS:ZTEST
|
$69.82 Million |
|
SILICOM LTD IS-01
F:S1L
|
$69.80 Million |
|
B&C Speakers S.p.A
F:37B
|
$69.79 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Globalworth REIT's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,601,124,000 to 1,518,952,000, a change of -82,172,000 (-5.1%).
- Net loss of 81,619,000 reduced equity.
- Dividend payments of 817,000 reduced retained earnings.
- Other comprehensive income increased equity by 275,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-81.62 Million | -5.37% |
| Dividends Paid | €817.00K | -0.05% |
| Other Comprehensive Income | €275.00K | +0.02% |
| Other Changes | €-11.00K | -0.0% |
| Total Change | €- | -5.13% |
Book Value vs Market Value Analysis
This analysis compares Globalworth REIT'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: 0.31x
- 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 increased from 0.11x to 0.31x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-12-31 | €16.40 | €1.78 | x |
| 2014-12-31 | €8.71 | €1.78 | x |
| 2015-12-31 | €8.94 | €1.78 | x |
| 2016-12-31 | €11.10 | €1.78 | x |
| 2017-12-31 | €8.09 | €1.78 | x |
| 2018-12-31 | €8.19 | €1.78 | x |
| 2019-12-31 | €10.47 | €1.78 | x |
| 2020-12-31 | €7.94 | €1.78 | x |
| 2021-12-31 | €7.86 | €1.78 | x |
| 2022-12-31 | €7.48 | €1.78 | x |
| 2023-12-31 | €6.70 | €1.78 | x |
| 2024-12-31 | €5.68 | €1.78 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Globalworth REIT 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): -5.37%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: -0.01x
- • Equity Multiplier: 2.01x
- Recent ROE (-5.37%) is below the historical average (4.62%), 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 | 11.57% | 156.49% | 0.05x | 1.38x | €1.88 Million |
| 2014 | 23.20% | 75.56% | 0.18x | 1.70x | €51.85 Million |
| 2015 | 10.29% | 56.95% | 0.09x | 2.04x | €1.45 Million |
| 2016 | 1.58% | 24.21% | 0.04x | 1.72x | €-60.22 Million |
| 2017 | 2.29% | 32.07% | 0.04x | 2.02x | €-82.46 Million |
| 2018 | 7.40% | 39.79% | 0.07x | 2.52x | €-28.23 Million |
| 2019 | 8.89% | 56.86% | 0.09x | 1.82x | €-21.29 Million |
| 2020 | -2.67% | -20.91% | 0.06x | 2.07x | €-222.33 Million |
| 2021 | 2.73% | 21.55% | 0.06x | 2.09x | €-126.37 Million |
| 2022 | -1.02% | -7.07% | 0.07x | 2.03x | €-182.61 Million |
| 2023 | -3.38% | -22.44% | 0.07x | 2.15x | €-214.26 Million |
| 2024 | -5.37% | 0.00% | -0.01x | 2.01x | €-233.51 Million |
Industry Comparison
This section compares Globalworth REIT's net assets metrics with peer companies in the Real Estate Services industry.
Industry Context
- Industry: Real Estate Services
- Average net assets among peers: $119,658,111
- Average return on equity (ROE) among peers: 4.19%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Globalworth REIT (GWI) | €1.53 Billion | 11.57% | 1.00x | $69.85 Million |
| Alina Holdings PLC (ALNA) | $151.77 Million | -5.31% | 0.73x | $372.82 |
| Cardiff Property PLC (CDFF) | $22.11 Million | 11.50% | 0.01x | $3.36K |
| Caledonian Trust PLC (CNN) | $18.73 Million | -4.94% | 0.25x | $931.92 |
| Fletcher King Plc (FLK) | $3.37 Million | 16.34% | 0.58x | $467.77 |
| First Property Group plc (FPO) | $7.73 Million | 12.40% | 0.23x | $3.01K |
| GRIT Real Estate Income Group (GR1T) | $344.38 Million | -18.07% | 2.14x | $4.27K |
| Helical Bar Plc (HLCL) | $340.53 Million | 25.73% | 1.28x | $28.58K |
| London & Associated Properties (LAS) | $88.99 Million | -14.05% | 2.57x | $467.18 |
| LSL Property Services Plc (LSL) | $99.32 Million | 14.10% | 1.39x | $33.06K |