Neinor Homes SLU (HOME) - Net Assets
Based on the latest financial reports, Neinor Homes SLU (HOME) has net assets worth €1.38 Billion EUR (≈ $1.61 Billion USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€3.93 Billion ≈ $4.60 Billion USD) and total liabilities (€2.55 Billion ≈ $2.98 Billion 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 Neinor Homes SLU (HOME) tangible net worth to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €1.38 Billion |
| % of Total Assets | 35.12% |
| Annual Growth Rate | 5.09% |
| 5-Year Change | 46.16% |
| 10-Year Change | 118.78% |
| Growth Volatility | 20.91 |
Neinor Homes SLU - Net Assets Trend (2015–2025)
This chart illustrates how Neinor Homes SLU's net assets have evolved over time, based on quarterly financial data. See Neinor Homes SLU (HOME) defensive interval to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Neinor Homes SLU (2015–2025)
The table below shows the annual net assets of Neinor Homes SLU from 2015 to 2025. For live valuation and market cap data, see market value of Neinor Homes SLU.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | €1.38 Billion ≈ $1.61 Billion |
+60.20% |
| 2024-12-31 | €861.71 Million ≈ $1.01 Billion |
-11.89% |
| 2023-12-31 | €977.96 Million ≈ $1.14 Billion |
+5.16% |
| 2022-12-31 | €930.01 Million ≈ $1.09 Billion |
-1.53% |
| 2021-12-31 | €944.50 Million ≈ $1.10 Billion |
+9.71% |
| 2020-12-31 | €860.90 Million ≈ $1.01 Billion |
+9.05% |
| 2019-12-31 | €789.43 Million ≈ $922.92 Million |
+2.17% |
| 2018-12-31 | €772.67 Million ≈ $903.33 Million |
+6.96% |
| 2017-12-31 | €722.42 Million ≈ $844.58 Million |
+14.49% |
| 2016-12-31 | €631.01 Million ≈ $737.72 Million |
-24.93% |
| 2015-12-31 | €840.61 Million ≈ $982.77 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Neinor Homes SLU'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 19411600000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €123.25 Million | 10.62% |
| Common Stock | €415.95 Million | 35.83% |
| Other Comprehensive Income | €503.10 Million | 43.34% |
| Other Components | €118.59 Million | 10.22% |
| Total Equity | €1.16 Billion | 100.00% |
Neinor Homes SLU Competitors by Market Cap
The table below lists competitors of Neinor Homes SLU ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Fine Organic Industries Limited
NSE:FINEORG
|
$1.67 Billion |
|
Banpu Public Company Limited
BK:BANPU
|
$1.67 Billion |
|
Resolute Mining Ltd
AU:RSG
|
$1.67 Billion |
|
Pearl Abyss Corp
KQ:263750
|
$1.67 Billion |
|
Sigma Lithium Resources Corp
V:SGML
|
$1.67 Billion |
|
Shenzhen Heungkong Holding Co Ltd
SHG:600162
|
$1.67 Billion |
|
Yusys Technologies Co Ltd Class A
SHE:300674
|
$1.67 Billion |
|
GPS Participações e Empreendimentos S.A
SA:GGPS3
|
$1.67 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Neinor Homes SLU's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 858,737,000 to 1,160,883,000, a change of 302,146,000 (35.2%).
- Net income of 123,250,000 contributed positively to equity growth.
- Dividend payments of 154,731,000 reduced retained earnings.
- New share issuances of 368,655,000 increased equity.
- Other comprehensive income increased equity by 185,605,001.
- Other factors decreased equity by 220,633,001.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €123.25 Million | +10.62% |
| Dividends Paid | €154.73 Million | -13.33% |
| Share Issuances | €368.65 Million | +31.76% |
| Other Comprehensive Income | €185.61 Million | +15.99% |
| Other Changes | €-220.63 Million | -19.01% |
| Total Change | €- | 35.18% |
Book Value vs Market Value Analysis
This analysis compares Neinor Homes SLU'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: 1.17x
- 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 1.52x to 1.17x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2015-12-31 | €10.64 | €16.17 | x |
| 2016-12-31 | €7.99 | €16.17 | x |
| 2017-12-31 | €9.16 | €16.17 | x |
| 2018-12-31 | €9.90 | €16.17 | x |
| 2019-12-31 | €10.38 | €16.17 | x |
| 2020-12-31 | €11.64 | €16.17 | x |
| 2021-12-31 | €12.31 | €16.17 | x |
| 2022-12-31 | €15.33 | €16.17 | x |
| 2023-12-31 | €13.09 | €16.17 | x |
| 2024-12-31 | €11.51 | €16.17 | x |
| 2025-12-31 | €13.82 | €16.17 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Neinor Homes SLU 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): 10.62%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 17.38%
- • Asset Turnover: 0.18x
- • Equity Multiplier: 3.39x
- Recent ROE (10.62%) is above the historical average (5.22%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | -9.77% | -31.99% | 0.23x | 1.32x | €-166.18 Million |
| 2016 | 0.17% | 0.46% | 0.23x | 1.61x | €-62.04 Million |
| 2017 | -3.59% | -11.77% | 0.17x | 1.77x | €-98.18 Million |
| 2018 | 5.95% | 12.10% | 0.27x | 1.83x | €-31.28 Million |
| 2019 | 8.08% | 13.04% | 0.33x | 1.86x | €-15.19 Million |
| 2020 | 8.15% | 12.24% | 0.37x | 1.81x | €-15.94 Million |
| 2021 | 10.92% | 11.27% | 0.46x | 2.08x | €8.69 Million |
| 2022 | 10.38% | 12.58% | 0.43x | 1.92x | €3.55 Million |
| 2023 | 9.29% | 15.34% | 0.36x | 1.69x | €-6.91 Million |
| 2024 | 7.22% | 12.74% | 0.28x | 2.01x | €-23.87 Million |
| 2025 | 10.62% | 17.38% | 0.18x | 3.39x | €7.16 Million |
Industry Comparison
This section compares Neinor Homes SLU's net assets metrics with peer companies in the Real Estate - Development industry.
Industry Context
- Industry: Real Estate - Development
- Average net assets among peers: $752,388,640
- Average return on equity (ROE) among peers: 6.06%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Neinor Homes SLU (HOME) | €1.38 Billion | -9.77% | 1.85x | $1.67 Billion |
| Aedas Homes SL (AEDAS) | $976.33 Million | 9.54% | 0.94x | $1.01 Billion |
| Compania Espanola de Viviendas en Alquiler SA (CEV) | $325.27 Million | 13.83% | 0.48x | $177.17 Million |
| Metrovacesa SA (MVC) | $1.69 Billion | -1.24% | 0.50x | $1.54 Billion |
| Nyesa Valores Corp SA (NYE) | $22.63 Million | 2.09% | 6.55x | $20.35 Million |
About Neinor Homes SLU
Neinor Homes, S.A., together with its subsidiaries, develops, promotes, rental, and manages real estate properties in Spain. It operates through Development, Assets Management, and Rental segments. The company is involved in the acquisition of residential land for subsequent development. Neinor Homes, S.A. was founded in 1988 and is based in Bilbao, Spain.