Advero Properties SOCIMI S.A.
Advero Properties SOCIMI, S.A., a real estate investment trust company, engages in the rental of housing in middle-income areas in Spain. Advero Properties SOCIMI, S.A. was incorporated in 2017 and is based in Barcelona, Spain.
Advero Properties SOCIMI S.A. (YADV) - Net Assets
Latest net assets as of December 2022: €31.17 Million EUR
Based on the latest financial reports, Advero Properties SOCIMI S.A. (YADV) has net assets worth €31.17 Million EUR as of December 2022.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€39.67 Million) and total liabilities (€8.49 Million). 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 | €31.17 Million |
| % of Total Assets | 78.59% |
| Annual Growth Rate | 43.21% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 19.47 |
Advero Properties SOCIMI S.A. - Net Assets Trend (2020–2022)
This chart illustrates how Advero Properties SOCIMI S.A.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Advero Properties SOCIMI S.A. (2020–2022)
The table below shows the annual net assets of Advero Properties SOCIMI S.A. from 2020 to 2022.
| Year | Net Assets | Change |
|---|---|---|
| 2022-12-31 | €31.17 Million | +25.02% |
| 2021-12-31 | €24.93 Million | +63.96% |
| 2020-12-31 | €15.21 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Advero Properties SOCIMI S.A.'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 47504000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2022)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | €21.09 Million | 67.64% |
| Other Components | €11.05 Million | 35.44% |
| Total Equity | €31.17 Million | 100.00% |
Advero Properties SOCIMI S.A. Competitors by Market Cap
The table below lists competitors of Advero Properties SOCIMI S.A. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Cemtas Celik Makina Sanayi ve Ticaret AS
IS:CEMTS
|
$62.64 Million |
|
Kingwaytek Technology Co Ltd
TWO:6516
|
$62.64 Million |
|
Fabryka Obrabiarek RAFAMET S.A.
WAR:RAF
|
$62.65 Million |
|
Laiqon AG
XETRA:LQAG
|
$62.68 Million |
|
Casa de Bolsa Finamex S.A.B. de C.V
MX:FINAMEXO
|
$62.64 Million |
|
Forte Bilgi Iletisim Teknologjileri ve Savunma Sanayi A.S.
IS:FORTE
|
$62.60 Million |
|
BCnC Co. Ltd.
KQ:146320
|
$62.58 Million |
|
Northern Technologies
NASDAQ:NTIC
|
$62.58 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Advero Properties SOCIMI S.A.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2021 to 2022, total equity changed from 24,933,500 to 31,172,140, a change of 6,238,640 (25.0%).
- Net income of 150,480 contributed positively to equity growth.
- Share repurchases of 6,104,240 reduced equity.
- Other factors increased equity by 12,192,400.
Equity Change Factors (2021 to 2022)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €150.48K | +0.48% |
| Share Repurchases | €6.10 Million | -19.58% |
| Other Changes | €12.19 Million | +39.11% |
| Total Change | €- | 25.02% |
Book Value vs Market Value Analysis
This analysis compares Advero Properties SOCIMI S.A.'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: 1.82x
- 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 2.14x to 1.82x 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 | €6.31 | €13.50 | x |
| 2021-12-31 | €7.08 | €13.50 | x |
| 2022-12-31 | €7.42 | €13.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Advero Properties SOCIMI S.A. 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): 0.48%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.29%
- • Asset Turnover: 0.05x
- • Equity Multiplier: 1.27x
- Recent ROE (0.48%) is above the historical average (-0.14%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | -0.72% | -17.91% | 0.03x | 1.27x | €-1.63 Million |
| 2021 | -0.19% | -5.29% | 0.03x | 1.36x | €-2.54 Million |
| 2022 | 0.48% | 8.29% | 0.05x | 1.27x | €-2.97 Million |
Industry Comparison
This section compares Advero Properties SOCIMI S.A.'s net assets metrics with peer companies in the REIT - Residential industry.
Industry Context
- Industry: REIT - Residential
- Average net assets among peers: $45,853,226
- Average return on equity (ROE) among peers: 12.89%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Advero Properties SOCIMI S.A. (YADV) | €31.17 Million | -0.72% | 0.27x | $62.64 Million |
| Domo Activos Socimi SA (DOMO) | $23.16 Million | 24.58% | 0.32x | $13.90 Million |
| Fidere Patrimonio SOCIMI SA (YFID) | $11.62 Million | 71.73% | 49.88x | $510.02K |
| Galil Capital Re Spain SOCIMI SA (YGCS) | $45.33 Million | 1.98% | 0.42x | $10.31 Million |
| Home Capital Rentals SOCIMI S.A. (YHCR) | $45.17 Million | -2.80% | 0.21x | $62.48K |
| Inhome Prime Properties SOCIMI S.A. (YIPP) | $10.05 Million | -2.08% | 0.00x | $113.59K |
| Inversa Prime SOCIMI S.A. (YIPS) | $114.80 Million | 14.24% | 0.16x | $41.66 Million |
| Matritense Real Estate SOCIMI S.A. (YMAT) | $15.70 Million | -6.72% | 1.45x | $10.15K |
| Mistral Patrimonio Inmobiliario SOCIMI SA (YMPI) | $7.72 Million | 20.36% | 0.21x | $1.87 Million |
| Tempore Properties SOCIMI SAU (YTEM) | $139.11 Million | -5.26% | 1.59x | $8.72 Million |