Castellana Properties Socimi

MC:YCPS Spain REIT - Retail
Market Cap
$1.26 Billion
€1.23 Billion EUR
Market Cap Rank
#26346 Global
#92 in Spain
Share Price
€9.60
Change (1 day)
+0.00%
52-Week Range
€6.85 - €9.60
All Time High
€9.60
About

As of December 20, 2016, Castellana Properties Socimi, S.A. (BME:YCPS) operates as a subsidiary of Vukile Property Fund Limited.

Castellana Properties Socimi (YCPS) - Net Assets

Latest net assets as of September 2025: €975.07 Million EUR

Based on the latest financial reports, Castellana Properties Socimi (YCPS) has net assets worth €975.07 Million EUR as of September 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€1.82 Billion) and total liabilities (€845.65 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 €975.07 Million
% of Total Assets 53.55%
Annual Growth Rate 26.91%
5-Year Change 94.6%
10-Year Change N/A
Growth Volatility 57.53

Castellana Properties Socimi - Net Assets Trend (2018–2025)

This chart illustrates how Castellana Properties 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 Castellana Properties Socimi (2018–2025)

The table below shows the annual net assets of Castellana Properties Socimi from 2018 to 2025.

Year Net Assets Change
2025-03-31 €969.43 Million +41.06%
2024-03-31 €687.24 Million +6.75%
2023-03-31 €643.78 Million +6.11%
2022-03-31 €606.73 Million +21.79%
2021-03-31 €498.17 Million -10.42%
2020-03-31 €556.10 Million +11.88%
2019-03-31 €497.05 Million +171.84%
2018-03-31 €182.84 Million --

Equity Component Analysis

This analysis shows how different components contribute to Castellana Properties 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 grown by 1214.5% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (March 2025)

Component Amount Percentage
Retained Earnings €244.90 Million 27.09%
Other Components €659.17 Million 72.91%
Total Equity €904.08 Million 100.00%

Castellana Properties Socimi Competitors by Market Cap

The table below lists competitors of Castellana Properties Socimi ranked by their market capitalization.

Equity Growth Attribution

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

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 687,239,000 to 904,076,000, a change of 216,837,000 (31.6%).
  • Net income of 90,816,000 contributed positively to equity growth.
  • Dividend payments of 73,179,000 reduced retained earnings.
  • Share repurchases of 23,000 reduced equity.
  • New share issuances of 203,487,000 increased equity.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income €90.82 Million +10.05%
Dividends Paid €73.18 Million -8.09%
Share Repurchases €23.00K -0.0%
Share Issuances €203.49 Million +22.51%
Other Changes €-4.26 Million -0.47%
Total Change €- 31.55%

Book Value vs Market Value Analysis

This analysis compares Castellana Properties 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: 1.36x
  • 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 1.78x to 1.36x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2018-03-31 €5.38 €9.60 x
2019-03-31 €6.64 €9.60 x
2020-03-31 €6.45 €9.60 x
2021-03-31 €5.78 €9.60 x
2022-03-31 €6.15 €9.60 x
2023-03-31 €6.37 €9.60 x
2024-03-31 €6.80 €9.60 x
2025-03-31 €7.08 €9.60 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Castellana Properties 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): 10.05%
  • The company shows good efficiency in utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 89.03%
  • • Asset Turnover: 0.06x
  • • Equity Multiplier: 1.91x
  • Recent ROE (10.05%) is above the historical average (4.72%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2018 3.64% 129.05% 0.02x 1.80x €-11.63 Million
2019 9.35% 109.64% 0.04x 1.93x €-3.22 Million
2020 3.09% 21.52% 0.08x 1.91x €-38.45 Million
2021 -6.39% -57.52% 0.05x 2.08x €-81.67 Million
2022 7.53% 62.90% 0.06x 1.87x €-15.01 Million
2023 7.23% 56.21% 0.07x 1.82x €-17.83 Million
2024 3.26% 25.10% 0.07x 1.81x €-46.29 Million
2025 10.05% 89.03% 0.06x 1.91x €408.40K

Industry Comparison

This section compares Castellana Properties Socimi's net assets metrics with peer companies in the REIT - Retail industry.

Industry Context

  • Industry: REIT - Retail
  • Average net assets among peers: $183,056,784
  • Average return on equity (ROE) among peers: 1.13%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Castellana Properties Socimi (YCPS) €975.07 Million 3.64% 0.87x $16.54 Million
General de Galerias Comerciales SOCIMI S.A. (GGC) $663.58 Million 0.00% 0.21x $1.53 Million
Emperador Properties SOCIMI S.A. (YEPSA) $72.21 Million -0.04% 0.00x $75.99K
Olimpo Real Estate SA (YORE) $162.49 Million 3.04% 1.06x $10.02K
Serrano 61 Desarrollo SOCIMI SA (YSRR) $52.04 Million -4.51% 0.74x $44.29 Million
Tander Inversiones SOCIMI SA (YTAN) $66.76 Million 1.65% 1.67x $12.20 Million
Trajano Iberia Socimi SA (YTRA) $71.71 Million 2.82% 1.19x $2.63 Million
Trivium Real Estate Socimi SA (YTRI) $192.61 Million 4.93% 1.40x $250.85K