Castellana Properties Socimi (YCPS) - Net Assets
Based on the latest financial reports, Castellana Properties Socimi (YCPS) has net assets worth €1.20 Billion EUR (≈ $1.41 Billion USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€2.03 Billion ≈ $2.38 Billion USD) and total liabilities (€830.97 Million ≈ $971.49 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. Also explore YCPS total assets for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €1.20 Billion |
| % of Total Assets | 59.12% |
| Annual Growth Rate | 26.54% |
| 5-Year Change | 98.09% |
| 10-Year Change | N/A |
| Growth Volatility | 53.95 |
Castellana Properties Socimi - Net Assets Trend (2018–2026)
This chart illustrates how Castellana Properties Socimi's net assets have evolved over time, based on quarterly financial data. Check YCPS tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Annual Net Assets for Castellana Properties Socimi (2018–2026)
The table below shows the annual net assets of Castellana Properties Socimi from 2018 to 2026. For live valuation and market cap data, see Castellana Properties Socimi (YCPS) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2026-03-31 | €1.20 Billion ≈ $1.41 Billion |
+23.98% |
| 2025-03-31 | €969.43 Million ≈ $1.13 Billion |
+41.06% |
| 2024-03-31 | €687.24 Million ≈ $803.45 Million |
+6.75% |
| 2023-03-31 | €643.78 Million ≈ $752.64 Million |
+6.11% |
| 2022-03-31 | €606.73 Million ≈ $709.33 Million |
+21.79% |
| 2021-03-31 | €498.17 Million ≈ $582.41 Million |
-10.42% |
| 2020-03-31 | €556.10 Million ≈ $650.14 Million |
+11.88% |
| 2019-03-31 | €497.05 Million ≈ $581.10 Million |
+171.84% |
| 2018-03-31 | €182.84 Million ≈ $213.77 Million |
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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 1392.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2026)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €278.08 Million | 24.75% |
| Other Components | €845.65 Million | 75.25% |
| Total Equity | €1.12 Billion | 100.00% |
Castellana Properties Socimi Competitors by Market Cap
The table below lists competitors of Castellana Properties Socimi ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Supreme Electronics Co Ltd
TW:8112
|
$1.42 Billion |
|
Zhejiang Wanma Co Ltd
SHE:002276
|
$1.42 Billion |
|
RHI Magnesita NV
VI:RHIM
|
$1.42 Billion |
|
Yantai Tayho Advanced Materials Co Ltd
SHE:002254
|
$1.42 Billion |
|
HIAG Immobilien Holding AG
SW:HIAG
|
$1.42 Billion |
|
Harrow Health Inc
NASDAQ:HROW
|
$1.42 Billion |
|
Hwa Create Corp Ltd
SHE:300045
|
$1.42 Billion |
|
Apollo Micro Systems Limited
NSE:APOLLO
|
$1.42 Billion |
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 2025 to 2026, total equity changed from 904,076,000 to 1,123,740,000, a change of 219,664,000 (24.3%).
- Net income of 150,704,000 contributed positively to equity growth.
- Dividend payments of 71,997,000 reduced retained earnings.
- Share repurchases of 11,000 reduced equity.
- New share issuances of 55,157,000 increased equity.
- Other factors increased equity by 85,811,000.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €150.70 Million | +13.41% |
| Dividends Paid | €72.00 Million | -6.41% |
| Share Repurchases | €11.00K | -0.0% |
| Share Issuances | €55.16 Million | +4.91% |
| Other Changes | €85.81 Million | +7.64% |
| Total Change | €- | 24.30% |
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: 1.26x
- 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 1.79x to 1.26x 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 | €9.65 | x |
| 2019-03-31 | €6.64 | €9.65 | x |
| 2020-03-31 | €6.45 | €9.65 | x |
| 2021-03-31 | €5.78 | €9.65 | x |
| 2022-03-31 | €6.15 | €9.65 | x |
| 2023-03-31 | €6.37 | €9.65 | x |
| 2024-03-31 | €6.80 | €9.65 | x |
| 2025-03-31 | €7.08 | €9.65 | x |
| 2026-03-31 | €7.64 | €9.65 | 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): 13.41%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 94.01%
- • Asset Turnover: 0.08x
- • Equity Multiplier: 1.81x
- Recent ROE (13.41%) is above the historical average (5.68%), 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 | 10.04% | 88.98% | 0.06x | 1.91x | €364.40K |
| 2026 | 13.41% | 94.01% | 0.08x | 1.81x | €38.33 Million |
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: $212,179,764
- Average return on equity (ROE) among peers: 8.61%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Castellana Properties Socimi (YCPS) | €1.20 Billion | 3.64% | 0.69x | $1.42 Billion |
| General de Galerias Comerciales SOCIMI S.A. (GGC) | $626.69 Million | 16.67% | 0.25x | $3.61 Billion |
| Olimpo Real Estate SA (YORE) | $192.07 Million | 4.90% | 0.95x | $188.72 Million |
| Serrano 61 Desarrollo SOCIMI SA (YSRR) | $55.09 Million | 1.57% | 0.70x | $98.65 Million |
| Tander Inversiones SOCIMI SA (YTAN) | $68.22 Million | 4.89% | 1.63x | $113.43 Million |
| Trajano Iberia Socimi SA (YTRA) | $88.37 Million | 22.67% | 1.24x | $4.68 Million |
| Trivium Real Estate Socimi SA (YTRI) | $242.64 Million | 0.94% | 0.96x | $203.53 Million |
About Castellana Properties Socimi
As of December 20, 2016, Castellana Properties Socimi, S.A. (BME:YCPS) operates as a subsidiary of Vukile Property Fund Limited.