JSS Real Estate SOCIMI SA
JSS Real Estate SOCIMI SA operates in various business sectors.
JSS Real Estate SOCIMI SA (YJSS) - Net Assets
Latest net assets as of December 2024: €318.28 Million EUR
Based on the latest financial reports, JSS Real Estate SOCIMI SA (YJSS) has net assets worth €318.28 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 (€609.81 Million) and total liabilities (€291.53 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 | €318.28 Million |
| % of Total Assets | 52.19% |
| Annual Growth Rate | 36.93% |
| 5-Year Change | 561.88% |
| 10-Year Change | N/A |
| Growth Volatility | 58.46 |
JSS Real Estate SOCIMI SA - Net Assets Trend (2018–2024)
This chart illustrates how JSS Real Estate 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 JSS Real Estate SOCIMI SA (2018–2024)
The table below shows the annual net assets of JSS Real Estate SOCIMI SA from 2018 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €318.28 Million | +163.58% |
| 2023-12-31 | €120.75 Million | +72.05% |
| 2022-12-31 | €70.18 Million | +38.95% |
| 2021-12-31 | €50.51 Million | +5.04% |
| 2020-12-31 | €48.09 Million | -2.98% |
| 2019-12-31 | €49.57 Million | +2.70% |
| 2018-12-31 | €48.26 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to JSS Real Estate 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 4349.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €40.25 Million | 12.69% |
| Other Components | €276.88 Million | 87.31% |
| Total Equity | €317.13 Million | 100.00% |
JSS Real Estate SOCIMI SA Competitors by Market Cap
The table below lists competitors of JSS Real Estate SOCIMI SA ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
CASH FINL SVCS NEW HD04
F:CFN
|
$2.23 Million |
|
Gritstone Oncology Inc
NASDAQ:GRTS
|
$2.23 Million |
|
West Cobar Metals Ltd
AU:WC1
|
$2.23 Million |
|
Prosper Gold Corp
OTCQX:PGXFF
|
$2.23 Million |
|
Pheton Holdings Ltd Class A Ordinary Shares
NASDAQ:PTHL
|
$2.22 Million |
|
ARIP Public Company Limited
BK:ARIP
|
$2.22 Million |
|
Bell Copper Corporation
OTCQB:BCUFF
|
$2.22 Million |
|
LDC Dental Public Company Limited
BK:LDC
|
$2.22 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in JSS Real Estate SOCIMI SA's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 120,751,000 to 317,127,000, a change of 196,376,000 (162.6%).
- Net income of 40,256,000 contributed positively to equity growth.
- Dividend payments of 2,015,000 reduced retained earnings.
- Share repurchases of 25,000 reduced equity.
- New share issuances of 160,000,000 increased equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €40.26 Million | +12.69% |
| Dividends Paid | €2.02 Million | -0.64% |
| Share Repurchases | €25.00K | -0.01% |
| Share Issuances | €160.00 Million | +50.45% |
| Other Changes | €-1.84 Million | -0.58% |
| Total Change | €- | 162.63% |
Book Value vs Market Value Analysis
This analysis compares JSS Real Estate 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: 0.24x
- 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 decreased from 0.87x to 0.24x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-12-31 | €9.89 | €8.60 | x |
| 2019-12-31 | €10.47 | €8.60 | x |
| 2020-12-31 | €10.27 | €8.60 | x |
| 2021-12-31 | €10.44 | €8.60 | x |
| 2022-12-31 | €14.03 | €8.60 | x |
| 2023-12-31 | €13.38 | €8.60 | x |
| 2024-12-31 | €35.14 | €8.60 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently JSS Real Estate 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): 12.69%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 204.43%
- • Asset Turnover: 0.03x
- • Equity Multiplier: 1.92x
- Recent ROE (12.69%) is above the historical average (5.14%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | 1.83% | 33.28% | 0.02x | 2.88x | €-4.04 Million |
| 2019 | 5.55% | 38.33% | 0.05x | 2.71x | €-2.33 Million |
| 2020 | 4.70% | 31.77% | 0.05x | 2.74x | €-2.72 Million |
| 2021 | 4.72% | 32.21% | 0.05x | 2.72x | €-2.76 Million |
| 2022 | 4.72% | 41.44% | 0.05x | 2.24x | €-3.71 Million |
| 2023 | 1.77% | 17.79% | 0.05x | 1.94x | €-9.93 Million |
| 2024 | 12.69% | 204.43% | 0.03x | 1.92x | €8.54 Million |
Industry Comparison
This section compares JSS Real Estate SOCIMI SA's net assets metrics with peer companies in the REIT - Office industry.
Industry Context
- Industry: REIT - Office
- Average net assets among peers: $125,509,838
- Average return on equity (ROE) among peers: 20.56%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| JSS Real Estate SOCIMI SA (YJSS) | €318.28 Million | 1.83% | 0.92x | $2.23 Million |
| 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 | $1.40 Billion |
| Inversiones Doalca SOCIMI SA (YDOA) | $31.73 Million | 22.19% | 0.33x | $28.20 Million |
| YIRG (YIRG) | $160.16 Million | 6.84% | 0.31x | $54.22K |
| Meridia Real Estate III Socimi SA (YMRE) | $124.25 Million | -1.28% | 1.60x | $7.45K |