AM Locales Property Socimi

MC:YAML Spain REIT - Specialty
Market Cap
$111.39 Million
€108.52 Million EUR
Market Cap Rank
#17765 Global
#45 in Spain
Share Price
€21.80
Change (1 day)
+0.00%
52-Week Range
€21.80 - €21.80
All Time High
€21.80
About

AM Locales Property SOCIMI, S.A. operates as a real estate investment company in Spain. The company invests in commercial premises for leasing purpose. It is also involved in searching and management of tenants; and eventual future divestment and rotation of the property. The company was incorporated in 1990 and is based in Madrid, Spain.

AM Locales Property Socimi (YAML) - Net Assets

Latest net assets as of December 2024: €33.54 Million EUR

Based on the latest financial reports, AM Locales Property Socimi (YAML) has net assets worth €33.54 Million EUR as of December 2024.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€92.40 Million) and total liabilities (€58.86 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 €33.54 Million
% of Total Assets 36.3%
Annual Growth Rate 0.88%
5-Year Change 11.36%
10-Year Change N/A
Growth Volatility 7.48

AM Locales Property Socimi - Net Assets Trend (2018–2024)

This chart illustrates how AM Locales Property Socimi's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for AM Locales Property Socimi (2018–2024)

The table below shows the annual net assets of AM Locales Property Socimi from 2018 to 2024.

Year Net Assets Change
2024-12-31 €33.54 Million -7.18%
2023-12-31 €36.13 Million -2.06%
2022-12-31 €36.89 Million +15.33%
2021-12-31 €31.99 Million +6.21%
2020-12-31 €30.12 Million -2.91%
2019-12-31 €31.02 Million -2.49%
2018-12-31 €31.81 Million --

Equity Component Analysis

This analysis shows how different components contribute to AM Locales Property Socimi'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 86.5% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings €360.89K 1.08%
Other Components €33.18 Million 98.92%
Total Equity €33.54 Million 100.00%

AM Locales Property Socimi Competitors by Market Cap

The table below lists competitors of AM Locales Property Socimi ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in AM Locales Property Socimi's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 36,131,454 to 33,538,396, a change of -2,593,058 (-7.2%).
  • Net income of 360,892 contributed positively to equity growth.
  • Dividend payments of 2,117,800 reduced retained earnings.
  • Share repurchases of 109,000 reduced equity.
  • Other factors decreased equity by 727,150.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income €360.89K +1.08%
Dividends Paid €2.12 Million -6.31%
Share Repurchases €109.00K -0.33%
Other Changes €-727.15K -2.17%
Total Change €- -7.18%

Book Value vs Market Value Analysis

This analysis compares AM Locales Property Socimi'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: 3.23x
  • The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
  • The price-to-book ratio has decreased from 3.45x to 3.23x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2018-12-31 €6.33 €21.80 x
2019-12-31 €6.17 €21.80 x
2020-12-31 €6.00 €21.80 x
2021-12-31 €6.36 €21.80 x
2022-12-31 €7.36 €21.80 x
2023-12-31 €7.26 €21.80 x
2024-12-31 €6.74 €21.80 x

Capital Efficiency Dashboard

This dashboard shows how efficiently AM Locales Property Socimi 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): 1.08%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 4.24%
  • • Asset Turnover: 0.09x
  • • Equity Multiplier: 2.76x
  • Recent ROE (1.08%) is below the historical average (5.75%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2018 6.81% 29.17% 0.09x 2.60x €-1.01 Million
2019 8.21% 34.76% 0.09x 2.61x €-556.37K
2020 5.62% 26.78% 0.07x 2.90x €-1.32 Million
2021 6.03% 29.10% 0.08x 2.68x €-1.27 Million
2022 5.22% 24.97% 0.08x 2.72x €-1.76 Million
2023 7.33% 32.71% 0.08x 2.68x €-966.33K
2024 1.08% 4.24% 0.09x 2.76x €-2.99 Million

Industry Comparison

This section compares AM Locales Property Socimi's net assets metrics with peer companies in the REIT - Specialty industry.

No peer company data available for comparison.