Meridia Real Estate III Socimi SA
Meridia Real Estate III, SOCIMI, S.A. operates as a real estate investment company in Spain. It has investments in active real estate projects located in Madrid and Barcelona. The company was incorporated in 2016 and is based in Barcelona, Spain.
Meridia Real Estate III Socimi SA (YMRE) - Net Assets
Latest net assets as of December 2025: €85.49 Million EUR
Based on the latest financial reports, Meridia Real Estate III Socimi SA (YMRE) has net assets worth €85.49 Million EUR as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€153.98 Million) and total liabilities (€68.49 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 | €85.49 Million |
| % of Total Assets | 55.52% |
| Annual Growth Rate | -5.2% |
| 5-Year Change | -33.16% |
| 10-Year Change | N/A |
| Growth Volatility | 47.12 |
Meridia Real Estate III Socimi SA - Net Assets Trend (2018–2025)
This chart illustrates how Meridia Real Estate III 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 Meridia Real Estate III Socimi SA (2018–2025)
The table below shows the annual net assets of Meridia Real Estate III Socimi SA from 2018 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | €85.49 Million | +62.94% |
| 2024-12-31 | €52.47 Million | -20.02% |
| 2023-12-31 | €65.60 Million | -24.91% |
| 2022-12-31 | €87.36 Million | -31.70% |
| 2021-12-31 | €127.91 Million | -43.62% |
| 2020-12-31 | €226.87 Million | +88.06% |
| 2019-12-31 | €120.63 Million | -2.91% |
| 2018-12-31 | €124.25 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Meridia Real Estate III 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 342408271.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €90.06 Million | 108.90% |
| Total Equity | €82.70 Million | 100.00% |
Meridia Real Estate III Socimi SA Competitors by Market Cap
The table below lists competitors of Meridia Real Estate III Socimi SA ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Forte Group Holdings Inc.
PINK:FGHFF
|
$7.69K |
|
Empower Clinics Inc
OTCQB:EPWCF
|
$7.69K |
|
Gimat Magazacilik Sanayi ve Ticaret AS
IS:GMTAS
|
$7.70K |
|
Avance Gas Holding Ltd
PINK:AVACF
|
$7.70K |
|
Qben Infra AB (publ)
ST:QBEN
|
$7.68K |
|
Insan Inc.
KO:277410
|
$7.68K |
|
LNC Technology Co., Ltd
TWO:4587
|
$7.66K |
|
Golden Bridge Investment & Securities Co. Ltd.
KQ:001290
|
$7.66K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Meridia Real Estate III Socimi SA's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 50,646,734 to 82,702,065, a change of 32,055,331 (63.3%).
- Net loss of 16,116,200 reduced equity.
- Other factors increased equity by 48,171,531.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-16.12 Million | -19.49% |
| Other Changes | €48.17 Million | +58.25% |
| Total Change | €- | 63.29% |
Book Value vs Market Value Analysis
This analysis compares Meridia Real Estate III 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: 1.17x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 0.83x to 1.17x 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 | €0.95 | €0.79 | x |
| 2019-12-31 | €0.92 | €0.79 | x |
| 2020-12-31 | €1.73 | €0.79 | x |
| 2021-12-31 | €0.99 | €0.79 | x |
| 2022-12-31 | €0.70 | €0.79 | x |
| 2023-12-31 | €0.52 | €0.79 | x |
| 2024-12-31 | €0.41 | €0.79 | x |
| 2025-12-31 | €0.67 | €0.79 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Meridia Real Estate III 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): -19.49%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -35.23%
- • Asset Turnover: 0.30x
- • Equity Multiplier: 1.86x
- Recent ROE (-19.49%) is below the historical average (6.10%), 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 | -1.36% | -9.96% | 0.05x | 2.78x | €-13.22 Million |
| 2019 | -2.93% | -19.20% | 0.05x | 3.18x | €-14.61 Million |
| 2020 | 5.00% | 67.70% | 0.03x | 2.43x | €-10.60 Million |
| 2021 | 12.98% | 165.64% | 0.03x | 3.05x | €3.61 Million |
| 2022 | 84.50% | 1121.82% | 0.03x | 2.52x | €63.76 Million |
| 2023 | -4.11% | -43.17% | 0.03x | 2.97x | €-9.00 Million |
| 2024 | -25.79% | -201.64% | 0.03x | 3.97x | €-18.13 Million |
| 2025 | -19.49% | -35.23% | 0.30x | 1.86x | €-24.39 Million |
Industry Comparison
This section compares Meridia Real Estate III Socimi SA's net assets metrics with peer companies in the REIT - Office industry.
Industry Context
- Industry: REIT - Office
- Average net assets among peers: $1,310,984,210
- Average return on equity (ROE) among peers: 0.42%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Meridia Real Estate III Socimi SA (YMRE) | €85.49 Million | -1.36% | 0.80x | $7.69K |
| Arima Real Estate SOCIMI SA (ARM) | $293.67 Million | -11.10% | 0.42x | $112.66 Million |
| Inmobiliaria Colonial SA (COL) | $5.95 Billion | -17.13% | 0.99x | $1.40 Billion |
| Inversiones Doalca SOCIMI SA (YDOA) | $33.14 Million | 21.73% | 0.28x | $28.20 Million |
| YIRG (YIRG) | $160.16 Million | 6.84% | 0.31x | $53.82K |
| JSS Real Estate SOCIMI SA (YJSS) | $120.75 Million | 1.77% | 0.94x | $2.23 Million |