GMP Property SOCIMI SA (YGMP) - Net Assets
Based on the latest financial reports, GMP Property SOCIMI SA (YGMP) has net assets worth €1.69 Billion EUR (≈ $1.98 Billion USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€2.71 Billion ≈ $3.17 Billion USD) and total liabilities (€1.02 Billion ≈ $1.19 Billion 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. Check YGMP cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €1.69 Billion |
| % of Total Assets | 62.43% |
| Annual Growth Rate | 11.45% |
| 5-Year Change | 15.52% |
| 10-Year Change | 137.89% |
| Growth Volatility | 13.6 |
GMP Property SOCIMI SA - Net Assets Trend (2014–2024)
This chart illustrates how GMP Property SOCIMI SA's net assets have evolved over time, based on quarterly financial data. Also explore GMP Property SOCIMI SA total assets for the complete picture of this company's asset base.
Annual Net Assets for GMP Property SOCIMI SA (2014–2024)
The table below shows the annual net assets of GMP Property SOCIMI SA from 2014 to 2024. For live valuation and market cap data, see GMP Property SOCIMI SA (YGMP) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €1.62 Billion ≈ $1.90 Billion |
+7.56% |
| 2023-12-31 | €1.51 Billion ≈ $1.76 Billion |
-7.55% |
| 2022-12-31 | €1.63 Billion ≈ $1.91 Billion |
+9.09% |
| 2021-12-31 | €1.49 Billion ≈ $1.75 Billion |
+6.49% |
| 2020-12-31 | €1.40 Billion ≈ $1.64 Billion |
-1.51% |
| 2019-12-31 | €1.42 Billion ≈ $1.67 Billion |
+11.66% |
| 2018-12-31 | €1.28 Billion ≈ $1.49 Billion |
+14.21% |
| 2017-12-31 | €1.12 Billion ≈ $1.31 Billion |
+13.29% |
| 2016-12-31 | €986.11 Million ≈ $1.15 Billion |
+44.71% |
| 2015-12-31 | €681.45 Million ≈ $796.68 Million |
+24.31% |
| 2014-12-31 | €548.20 Million ≈ $640.90 Million |
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Equity Component Analysis
This analysis shows how different components contribute to GMP Property 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 4.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €151.65 Million | 9.35% |
| Common Stock | €9.41 Million | 0.58% |
| Other Components | €1.46 Billion | 90.06% |
| Total Equity | €1.62 Billion | 100.00% |
GMP Property SOCIMI SA Competitors by Market Cap
The table below lists competitors of GMP Property SOCIMI SA ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Tianjin Benefo Tejing Electric Co Ltd
SHG:600468
|
$1.23 Billion |
|
Biotage AB
ST:BIOT
|
$1.23 Billion |
|
Treehouse Foods Inc
NYSE:THS
|
$1.23 Billion |
|
Shen Ma Industry Co Ltd
SHG:600810
|
$1.23 Billion |
|
Tourmaline Bio Inc.
NASDAQ:TRML
|
$1.23 Billion |
|
Peoples Bancorp Inc
NASDAQ:PEBO
|
$1.23 Billion |
|
Shenzhen Shenbao Industrial Co Ltd
SHE:000019
|
$1.23 Billion |
|
Loma Negra Compañía Industrial Argentina Sociedad Anónima
F:8LN
|
$1.23 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in GMP Property SOCIMI SA's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,507,179,000 to 1,621,087,000, a change of 113,908,000 (7.6%).
- Net income of 151,648,000 contributed positively to equity growth.
- Dividend payments of 23,944,000 reduced retained earnings.
- New share issuances of 80,000 increased equity.
- Other comprehensive income decreased equity by 1,479,122,000.
- Other factors increased equity by 1,465,246,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €151.65 Million | +9.35% |
| Dividends Paid | €23.94 Million | -1.48% |
| Share Issuances | €80.00K | +0.0% |
| Other Comprehensive Income | €-1.48 Billion | -91.24% |
| Other Changes | €1.47 Billion | +90.39% |
| Total Change | €- | 7.56% |
Book Value vs Market Value Analysis
This analysis compares GMP Property 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: 0.76x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has increased from 0.23x to 0.76x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2014-12-31 | €286.65 | €64.50 | x |
| 2015-12-31 | €35.63 | €64.50 | x |
| 2016-12-31 | €51.56 | €64.50 | x |
| 2017-12-31 | €58.42 | €64.50 | x |
| 2018-12-31 | €66.72 | €64.50 | x |
| 2019-12-31 | €74.50 | €64.50 | x |
| 2020-12-31 | €73.38 | €64.50 | x |
| 2021-12-31 | €78.14 | €64.50 | x |
| 2022-12-31 | €85.25 | €64.50 | x |
| 2023-12-31 | €78.81 | €64.50 | x |
| 2024-12-31 | €84.77 | €64.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently GMP Property 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): 9.35%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 128.16%
- • Asset Turnover: 0.05x
- • Equity Multiplier: 1.59x
- Recent ROE (9.35%) is below the historical average (10.65%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 26.52% | 197.62% | 0.05x | 2.68x | €90.57 Million |
| 2015 | 16.23% | 151.26% | 0.04x | 2.62x | €42.49 Million |
| 2016 | 17.56% | 215.90% | 0.04x | 2.01x | €74.58 Million |
| 2017 | 11.95% | 135.17% | 0.05x | 1.91x | €21.80 Million |
| 2018 | 14.64% | 175.10% | 0.05x | 1.79x | €59.23 Million |
| 2019 | 14.00% | 210.03% | 0.04x | 1.70x | €57.00 Million |
| 2020 | 1.12% | 16.06% | 0.04x | 1.70x | €-124.65 Million |
| 2021 | 6.11% | 99.95% | 0.04x | 1.64x | €-58.20 Million |
| 2022 | 4.84% | 77.00% | 0.04x | 1.59x | €-84.10 Million |
| 2023 | -5.13% | -73.72% | 0.04x | 1.64x | €-227.98 Million |
| 2024 | 9.35% | 128.16% | 0.05x | 1.59x | €-10.46 Million |
Industry Comparison
This section compares GMP Property SOCIMI SA's net assets metrics with peer companies in the REIT - Diversified industry.
Industry Context
- Industry: REIT - Diversified
- Average net assets among peers: $63,076,095
- Average return on equity (ROE) among peers: 2.40%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| GMP Property SOCIMI SA (YGMP) | €1.69 Billion | 26.52% | 0.60x | $1.23 Billion |
| Jaba I Inversiones Inmobiliarias Socimi SA (YABA) | $30.56 Million | -9.82% | 0.37x | $36.59 Million |
| All Iron Re I Socimi Sa (YAI1) | $177.95 Million | 8.21% | 0.54x | $231.59 Million |
| Arrienda Rental Properties SOCIMI SA (YARP) | $22.45 Million | 0.26% | 0.39x | $58.01 Million |
| Azaria Rental SOCIMI S.A. (YAZR) | $43.74 Million | 5.46% | 1.79x | $79.42 Million |
| Entre Cua Socimi (YENT) | $58.80 Million | 0.00% | 0.66x | $102.49 Million |
| Grupo Ortiz Properties Socimi (YGOP) | $120.25 Million | 6.28% | 0.80x | $101.93 Million |
| Hispanotels Inversiones SOCIMI SA (YHSP) | $53.58 Million | 12.21% | 0.36x | $101.07 Million |
| IBI Lion SOCIMI S.A. (YIBI) | $22.07 Million | -2.24% | 0.45x | $86.48 Million |
| Inbest Prime VI Inmuebles Socimi SA (YINB6) | $38.29 Million | 1.29% | 0.00x | $40.48 Million |
About GMP Property SOCIMI SA
One of the leading Spanish real estate groups founded in 1979. Since its Inception, at GMP we have maintained a firm focus on property, which has enabled us to build a solid position in the Spanish real estate market as specialists in the development, investment and management of property assets, concentrating on the high-end office and business park segment. Our vision of the Company incorporate… Read more