Compania Espanola de Viviendas en Alquiler SA (CEV) - Net Assets
Based on the latest financial reports, Compania Espanola de Viviendas en Alquiler SA (CEV) has net assets worth €425.62 Million EUR (≈ $497.60 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 (€612.91 Million ≈ $716.55 Million USD) and total liabilities (€187.28 Million ≈ $218.95 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. Check tangible equity quality of Compania Espanola de Viviendas en Alquil to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €425.62 Million |
| % of Total Assets | 69.44% |
| Annual Growth Rate | 15.89% |
| 5-Year Change | 21.09% |
| 10-Year Change | N/A |
| Growth Volatility | 39.6 |
Compania Espanola de Viviendas en Alquiler SA - Net Assets Trend (2015–2024)
This chart illustrates how Compania Espanola de Viviendas en Alquiler SA's net assets have evolved over time, based on quarterly financial data. See Compania Espanola de Viviendas en Alquil liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Compania Espanola de Viviendas en Alquiler SA (2015–2024)
The table below shows the annual net assets of Compania Espanola de Viviendas en Alquiler SA from 2015 to 2024. For live valuation and market cap data, see Compania Espanola de Viviendas en Alquil (CEV) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €420.96 Million ≈ $492.15 Million |
+4.81% |
| 2023-12-31 | €401.65 Million ≈ $469.58 Million |
+4.72% |
| 2022-12-31 | €383.56 Million ≈ $448.42 Million |
+3.96% |
| 2021-12-31 | €368.95 Million ≈ $431.34 Million |
+6.13% |
| 2020-12-31 | €347.63 Million ≈ $406.42 Million |
+1.41% |
| 2019-12-31 | €342.80 Million ≈ $400.77 Million |
+5.39% |
| 2018-12-31 | €325.27 Million ≈ $380.27 Million |
+14.79% |
| 2017-12-31 | €283.36 Million ≈ $331.28 Million |
+131.84% |
| 2016-12-31 | €122.22 Million ≈ $142.89 Million |
+9.52% |
| 2015-12-31 | €111.60 Million ≈ $130.48 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Compania Espanola de Viviendas en Alquiler SA'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 73.1% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €23.59 Million | 5.80% |
| Other Components | €382.82 Million | 94.20% |
| Total Equity | €406.41 Million | 100.00% |
Compania Espanola de Viviendas en Alquiler SA Competitors by Market Cap
The table below lists competitors of Compania Espanola de Viviendas en Alquiler SA ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Lucky Cement Co
TW:1108
|
$177.25 Million |
|
Husteel
KO:005010
|
$177.25 Million |
|
Xiongan Kerong Environment Technology Co Ltd
SHE:300152
|
$177.32 Million |
|
Thien Long Group Corp
VN:TLG
|
$177.32 Million |
|
Arwana Citramulia Tbk
JK:ARNA
|
$177.13 Million |
|
Imagesat International ISI Ltd
TA:ISI
|
$177.06 Million |
|
CTT Systems AB
ST:CTT
|
$177.05 Million |
|
YFC-BonEagle Electric Co Ltd
TWO:6220
|
$176.96 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Compania Espanola de Viviendas en Alquiler SA's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 388,173,000 to 406,408,000, a change of 18,235,000 (4.7%).
- Net income of 23,626,000 contributed positively to equity growth.
- Dividend payments of 5,095,000 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €23.63 Million | +5.81% |
| Dividends Paid | €5.09 Million | -1.25% |
| Other Changes | €-296.00K | -0.07% |
| Total Change | €- | 4.70% |
Book Value vs Market Value Analysis
This analysis compares Compania Espanola de Viviendas en Alquiler SA'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: 0.64x
- 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 0.95x to 0.64x 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 | €11.89 | €11.30 | x |
| 2018-12-31 | €13.65 | €11.30 | x |
| 2019-12-31 | €14.37 | €11.30 | x |
| 2020-12-31 | €14.56 | €11.30 | x |
| 2021-12-31 | €15.44 | €11.30 | x |
| 2022-12-31 | €16.57 | €11.30 | x |
| 2023-12-31 | €16.76 | €11.30 | x |
| 2024-12-31 | €17.55 | €11.30 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Compania Espanola de Viviendas en Alquiler SA 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): 5.81%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 62.80%
- • Asset Turnover: 0.06x
- • Equity Multiplier: 1.49x
- Recent ROE (5.81%) is below the historical average (6.81%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 5.19% | 34.48% | 0.08x | 1.91x | €-5.15 Million |
| 2016 | 11.11% | 95.70% | 0.06x | 1.83x | €1.30 Million |
| 2017 | 5.28% | 99.62% | 0.03x | 1.57x | €-13.00 Million |
| 2018 | 14.24% | 283.65% | 0.03x | 1.52x | €13.40 Million |
| 2019 | 6.60% | 130.51% | 0.03x | 1.50x | €-11.30 Million |
| 2020 | 2.75% | 54.62% | 0.03x | 1.50x | €-24.46 Million |
| 2021 | 6.86% | 141.66% | 0.03x | 1.51x | €-11.23 Million |
| 2022 | 7.49% | 83.39% | 0.06x | 1.45x | €-9.64 Million |
| 2023 | 2.81% | 56.23% | 0.03x | 1.44x | €-27.91 Million |
| 2024 | 5.81% | 62.80% | 0.06x | 1.49x | €-17.01 Million |
Industry Comparison
This section compares Compania Espanola de Viviendas en Alquiler SA's net assets metrics with peer companies in the Real Estate - Development industry.
Industry Context
- Industry: Real Estate - Development
- Average net assets among peers: $885,438,501
- Average return on equity (ROE) among peers: 4.54%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Compania Espanola de Viviendas en Alquiler SA (CEV) | €425.62 Million | 5.19% | 0.44x | $177.17 Million |
| Aedas Homes SL (AEDAS) | $976.33 Million | 9.54% | 0.94x | $1.01 Billion |
| Neinor Homes SLU (HOME) | $860.90 Million | 8.14% | 0.81x | $1.67 Billion |
| Metrovacesa SA (MVC) | $1.69 Billion | -1.24% | 0.50x | $1.54 Billion |
| Nyesa Valores Corp SA (NYE) | $19.21 Million | 1.72% | 1.61x | $20.35 Million |
About Compania Espanola de Viviendas en Alquiler SA
Compañía Española de Viviendas en Alquiler S.A., together with its subsidiaries, engages in the leasing of real estate properties in Spain. The company leases offices, homes, parking spaces, storage rooms, industrial buildings, and commercial properties. It also engages in the promotion and construction of buildings; urbanization and division of lands; and investment in financial assets. The comp… Read more