Millenium Hotels Real Estate I SOCIMI S.A.
Millenium Hotels Real Estate I SOCIMI S.A. operates in various business sectors.
Millenium Hotels Real Estate I SOCIMI S.A. (YMHRE) - Net Assets
Latest net assets as of June 2025: €574.70 Million EUR
Based on the latest financial reports, Millenium Hotels Real Estate I SOCIMI S.A. (YMHRE) has net assets worth €574.70 Million EUR as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€800.88 Million) and total liabilities (€226.17 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 | €574.70 Million |
| % of Total Assets | 71.76% |
| Annual Growth Rate | N/A |
| 5-Year Change | 99.02% |
| 10-Year Change | N/A |
| Growth Volatility | 141.5 |
Millenium Hotels Real Estate I SOCIMI S.A. - Net Assets Trend (2017–2024)
This chart illustrates how Millenium Hotels Real Estate I SOCIMI S.A.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Millenium Hotels Real Estate I SOCIMI S.A. (2017–2024)
The table below shows the annual net assets of Millenium Hotels Real Estate I SOCIMI S.A. from 2017 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €545.50 Million | +1.84% |
| 2023-12-31 | €535.61 Million | -0.71% |
| 2022-12-31 | €539.43 Million | +44.94% |
| 2021-12-31 | €372.16 Million | +35.78% |
| 2020-12-31 | €274.09 Million | +371.34% |
| 2018-12-31 | €58.15 Million | +16270.13% |
| 2017-12-31 | €-359.62K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Millenium Hotels Real Estate I SOCIMI S.A.'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 1152876310.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €11.15 Million | 2.04% |
| Common Stock | €116.03 Million | 21.27% |
| Other Components | €418.31 Million | 76.68% |
| Total Equity | €545.50 Million | 100.00% |
Millenium Hotels Real Estate I SOCIMI S.A. Competitors by Market Cap
The table below lists competitors of Millenium Hotels Real Estate I SOCIMI S.A. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Zhejiang Realsun Chemical Co. Ltd.
SHE:301212
|
$111.24 Million |
|
451760
KQ:451760
|
$111.26 Million |
|
DYNAM JAPAN HOLDINGS Co. Ltd
F:2DJ
|
$111.27 Million |
|
WHA UTILITIES AND PO
BK:WHAUP-R
|
$111.29 Million |
|
Exicon Co. Ltd
KQ:092870
|
$111.08 Million |
|
Hold-Key Electric Wire & Cable Co Ltd
TW:1618
|
$111.08 Million |
|
E-Life Mall Corp
TW:6281
|
$111.02 Million |
|
Serabi Gold PLC
OTCQX:SRBIF
|
$111.02 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Millenium Hotels Real Estate I SOCIMI S.A.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 535,613,979 to 545,495,579, a change of 9,881,600 (1.8%).
- Net income of 11,154,138 contributed positively to equity growth.
- Share repurchases of 1,587,195 reduced equity.
- Other comprehensive income decreased equity by 36,665,037.
- Other factors increased equity by 36,979,694.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €11.15 Million | +2.04% |
| Share Repurchases | €1.59 Million | -0.29% |
| Other Comprehensive Income | €-36.67 Million | -6.72% |
| Other Changes | €36.98 Million | +6.78% |
| Total Change | €- | 1.84% |
Book Value vs Market Value Analysis
This analysis compares Millenium Hotels Real Estate I SOCIMI S.A.'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: 0.47x
- 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 |
|---|---|---|---|
| 2017-12-31 | €-0.01 | €2.22 | x |
| 2018-12-31 | €1.16 | €2.22 | x |
| 2020-12-31 | €5.30 | €2.22 | x |
| 2021-12-31 | €5.83 | €2.22 | x |
| 2022-12-31 | €5.39 | €2.22 | x |
| 2023-12-31 | €4.63 | €2.22 | x |
| 2024-12-31 | €4.71 | €2.22 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Millenium Hotels Real Estate I SOCIMI S.A. 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): 2.04%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 42.28%
- • Asset Turnover: 0.03x
- • Equity Multiplier: 1.43x
- Recent ROE (2.04%) is above the historical average (0.11%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 0.00% | 0.00% | 0.00x | 0.00x | €-338.66K |
| 2018 | 0.02% | 0.54% | 0.03x | 1.65x | €-5.80 Million |
| 2020 | -5.47% | -186.13% | 0.02x | 1.41x | €-42.40 Million |
| 2021 | 2.55% | 111.88% | 0.02x | 1.42x | €-27.74 Million |
| 2022 | 2.19% | 95.65% | 0.02x | 1.28x | €-42.16 Million |
| 2023 | -0.55% | -13.20% | 0.03x | 1.39x | €-56.49 Million |
| 2024 | 2.04% | 42.28% | 0.03x | 1.43x | €-43.40 Million |
Industry Comparison
This section compares Millenium Hotels Real Estate I SOCIMI S.A.'s net assets metrics with peer companies in the REIT - Hotel & Motel industry.
Industry Context
- Industry: REIT - Hotel & Motel
- Average net assets among peers: $174,557,027
- Average return on equity (ROE) among peers: 3.67%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Millenium Hotels Real Estate I SOCIMI S.A. (YMHRE) | €574.70 Million | 0.00% | 0.39x | $111.20 Million |
| Atom Hoteles Socimi (YATO) | $317.00 Million | 0.32% | 1.09x | $463.61 Million |
| Elaia Investment Spain Socimi SA (YEIS) | $32.12 Million | 7.02% | 0.46x | $9.29K |