Fidere Patrimonio SOCIMI SA
Fidere Patrimonio Socimi, S.A. operates as a real estate investment trust REIT that engages in the acquisition and promotion of urban real estate for leasing. The company leases properties in the residential areas of Madrid, Barcelona, and Castilla La Mancha. It is also involved in the participation in other domestic or foreign companies, which engages in the acquisition of real estate for leasin… Read more
Fidere Patrimonio SOCIMI SA (YFID) - Net Assets
Latest net assets as of December 2022: €41.40 Million EUR
Based on the latest financial reports, Fidere Patrimonio SOCIMI SA (YFID) has net assets worth €41.40 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 (€624.10 Million) and total liabilities (€582.70 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 | €41.40 Million |
| % of Total Assets | 6.63% |
| Annual Growth Rate | -9.35% |
| 5-Year Change | -85.27% |
| 10-Year Change | N/A |
| Growth Volatility | 198.01 |
Fidere Patrimonio SOCIMI SA - Net Assets Trend (2018–2024)
This chart illustrates how Fidere Patrimonio SOCIMI SA's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Fidere Patrimonio SOCIMI SA (2018–2024)
The table below shows the annual net assets of Fidere Patrimonio SOCIMI SA from 2018 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €4.54 Million | -60.95% |
| 2023-12-31 | €11.62 Million | -71.93% |
| 2022-12-31 | €41.40 Million | +15.10% |
| 2021-12-31 | €35.97 Million | +16.75% |
| 2020-12-31 | €30.81 Million | -36.77% |
| 2019-12-31 | €48.73 Million | +495.85% |
| 2018-12-31 | €8.18 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Fidere Patrimonio SOCIMI SA'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 2538654300.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €12.57 Million | 276.86% |
| Total Equity | €4.54 Million | 100.00% |
Fidere Patrimonio SOCIMI SA Competitors by Market Cap
The table below lists competitors of Fidere Patrimonio SOCIMI SA ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
InZinc Mining Ltd
PINK:LTHIF
|
$510.22K |
|
North Dallas Bank & Trust Co
PINK:NODB
|
$510.45K |
|
BRIT AMER TOBACCO - Dusseldorf Stock Exchang
DU:BMT
|
$510.55K |
|
Auxico Resources Canada Inc
PINK:AUXIF
|
$510.69K |
|
Saferoads Holdings Ltd
AU:SRH
|
$510.00K |
|
SKECHERS USA-A
BE:SKAA
|
$509.70K |
|
TYSON FOODS -A-
MU:TF7A
|
$509.68K |
|
Taylor Morrison Home Corp
STU:THM
|
$509.56K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Fidere Patrimonio SOCIMI SA's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 11,623,710 to 4,538,513, a change of -7,085,197 (-61.0%).
- Net loss of 8,026,901 reduced equity.
- Share repurchases of 72,947 reduced equity.
- Other factors increased equity by 1,014,651.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-8.03 Million | -176.86% |
| Share Repurchases | €72.95K | -1.61% |
| Other Changes | €1.01 Million | +22.36% |
| Total Change | €- | -60.95% |
Book Value vs Market Value Analysis
This analysis compares Fidere Patrimonio SOCIMI SA'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: 90.57x
- 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 increased from 50.26x to 90.57x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-12-31 | €0.81 | €40.80 | x |
| 2019-12-31 | €4.84 | €40.80 | x |
| 2020-12-31 | €3.06 | €40.80 | x |
| 2021-12-31 | €3.57 | €40.80 | x |
| 2022-12-31 | €4.11 | €40.80 | x |
| 2023-12-31 | €1.15 | €40.80 | x |
| 2024-12-31 | €0.45 | €40.80 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Fidere Patrimonio SOCIMI SA 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): -176.86%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -15.16%
- • Asset Turnover: 0.10x
- • Equity Multiplier: 120.93x
- Recent ROE (-176.86%) is below the historical average (-21.11%), 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 | -373.29% | -84.99% | 0.05x | 92.54x | €-31.35 Million |
| 2019 | 83.22% | 111.98% | 0.05x | 15.38x | €35.68 Million |
| 2020 | 170.07% | 89.80% | 0.08x | 22.68x | €49.32 Million |
| 2021 | 16.08% | 14.37% | 0.06x | 19.01x | €2.19 Million |
| 2022 | 61.26% | 56.66% | 0.07x | 15.07x | €21.22 Million |
| 2023 | 71.73% | 17.83% | 0.08x | 50.88x | €7.17 Million |
| 2024 | -176.86% | -15.16% | 0.10x | 120.93x | €-8.48 Million |
Industry Comparison
This section compares Fidere Patrimonio SOCIMI SA's net assets metrics with peer companies in the REIT - Residential industry.
Industry Context
- Industry: REIT - Residential
- Average net assets among peers: $47,332,091
- Average return on equity (ROE) among peers: 4.90%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Fidere Patrimonio SOCIMI SA (YFID) | €41.40 Million | -373.29% | 14.07x | $510.02K |
| Domo Activos Socimi SA (DOMO) | $23.16 Million | 24.58% | 0.32x | $13.90 Million |
| Advero Properties SOCIMI S.A. (YADV) | $24.93 Million | -0.19% | 0.36x | $62.64 Million |
| 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 |