YIRG
Irg10 Socimi, S.A. engages in identifying, acquiring, and managing properties in Spain and Portugal. Its asset portfolio includes office, hotel, and flex living buildings located in consolidated areas of Madrid and Lisbon. The company was formerly known as Ibervalles Socimi, S.A. and changed its name to Irg10 Socimi, S.A. in May 2025. Irg10 Socimi, S.A. was incorporated in 1965 and is based in Al… Read more
YIRG (YIRG) - Net Assets
Latest net assets as of December 2024: €265.26 Million EUR
Based on the latest financial reports, YIRG (YIRG) has net assets worth €265.26 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 (€374.79 Million) and total liabilities (€109.53 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 | €265.26 Million |
| % of Total Assets | 70.78% |
| Annual Growth Rate | 18.31% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 19.16 |
YIRG - Net Assets Trend (2021–2024)
This chart illustrates how YIRG's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for YIRG (2021–2024)
The table below shows the annual net assets of YIRG from 2021 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €265.26 Million | +2.99% |
| 2023-12-31 | €257.55 Million | +9.70% |
| 2022-12-31 | €234.77 Million | +46.58% |
| 2021-12-31 | €160.16 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to YIRG'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 110.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €65.24 Million | 26.20% |
| Other Components | €183.80 Million | 73.80% |
| Total Equity | €249.04 Million | 100.00% |
YIRG Competitors by Market Cap
The table below lists competitors of YIRG ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
MAGYAR TELEKOM
MU:MGYB
|
$53.29K |
|
Gloo Holdings, Inc. Class A Common Stock
NASDAQ:GLOO
|
$53.31K |
|
IMPERIAL METALS (L7D.SG)
STU:L7D
|
$53.40K |
|
Shandong Weigao Blood
SHG:603014
|
$53.41K |
|
0AB1
LSE:0AB1
|
$53.23K |
|
Cloudweb Inc
PINK:CLOW
|
$53.21K |
|
ALLOT COMMUN (AG6.SG)
STU:AG6
|
$53.17K |
|
Ocean Thermal Energy Corp
PINK:CPWR
|
$53.13K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in YIRG's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 242,334,000 to 249,041,000, a change of 6,707,000 (2.8%).
- Net income of 11,349,000 contributed positively to equity growth.
- Dividend payments of 6,499,000 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €11.35 Million | +4.56% |
| Dividends Paid | €6.50 Million | -2.61% |
| Other Changes | €1.86 Million | +0.75% |
| Total Change | €- | 2.77% |
Book Value vs Market Value Analysis
This analysis compares YIRG'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: 0.95x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | €5.47 | €5.65 | x |
| 2022-12-31 | €5.73 | €5.65 | x |
| 2023-12-31 | €5.76 | €5.65 | x |
| 2024-12-31 | €5.92 | €5.65 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently YIRG 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): 4.56%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 77.75%
- • Asset Turnover: 0.04x
- • Equity Multiplier: 1.50x
- Recent ROE (4.56%) is above the historical average (4.44%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 7.52% | 186.87% | 0.03x | 1.44x | €-3.62 Million |
| 2022 | 4.82% | 142.18% | 0.02x | 1.47x | €-11.41 Million |
| 2023 | 0.86% | 16.01% | 0.04x | 1.53x | €-22.14 Million |
| 2024 | 4.56% | 77.75% | 0.04x | 1.50x | €-13.56 Million |
Industry Comparison
This section compares YIRG's net assets metrics with peer companies in the REIT - Office industry.
Industry Context
- Industry: REIT - Office
- Average net assets among peers: $103,580,021
- Average return on equity (ROE) among peers: 20.17%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| YIRG (YIRG) | €265.26 Million | 7.52% | 0.41x | $53.27K |
| Arima Real Estate SOCIMI SA (ARM) | $301.85 Million | 4.34% | 0.37x | $112.66 Million |
| Inmobiliaria Colonial SA (COL) | $9.55 Million | 70.70% | 1.52x | $1.38 Billion |
| Inversiones Doalca SOCIMI SA (YDOA) | $31.73 Million | 22.19% | 0.33x | $28.20 Million |
| JSS Real Estate SOCIMI SA (YJSS) | $50.51 Million | 4.88% | 1.82x | $2.23 Million |
| Meridia Real Estate III Socimi SA (YMRE) | $124.25 Million | -1.28% | 1.60x | $7.36K |