Tander Inversiones SOCIMI SA
Tander Inversiones SOCIMI SA operates in various business sectors.
Tander Inversiones SOCIMI SA (YTAN) - Net Assets
Latest net assets as of December 2024: €67.44 Million EUR
Based on the latest financial reports, Tander Inversiones SOCIMI SA (YTAN) has net assets worth €67.44 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 (€178.28 Million) and total liabilities (€110.84 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 | €67.44 Million |
| % of Total Assets | 37.83% |
| Annual Growth Rate | 17.89% |
| 5-Year Change | 15.4% |
| 10-Year Change | N/A |
| Growth Volatility | 45.28 |
Tander Inversiones SOCIMI SA - Net Assets Trend (2018–2024)
This chart illustrates how Tander Inversiones 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 Tander Inversiones SOCIMI SA (2018–2024)
The table below shows the annual net assets of Tander Inversiones SOCIMI SA from 2018 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €67.44 Million | +1.02% |
| 2023-12-31 | €66.76 Million | -2.14% |
| 2022-12-31 | €68.22 Million | +2.11% |
| 2021-12-31 | €66.81 Million | +14.32% |
| 2020-12-31 | €58.44 Million | +124.51% |
| 2019-12-31 | €26.03 Million | +3.63% |
| 2018-12-31 | €25.12 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Tander Inversiones 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 52.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €1.65 Million | 2.44% |
| Other Components | €65.80 Million | 97.56% |
| Total Equity | €67.44 Million | 100.00% |
Tander Inversiones SOCIMI SA Competitors by Market Cap
The table below lists competitors of Tander Inversiones SOCIMI SA ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
AMIGO HLDGS PLC. LS-0025
F:0VG
|
$12.21 Million |
|
Inotiv Inc
NASDAQ:NOTV
|
$12.21 Million |
|
Sub Sri Thai Real Estate Investment Trust
BK:SSTRT
|
$12.21 Million |
|
GNCO Co. Ltd
KQ:065060
|
$12.21 Million |
|
Oriental Carbon & Chemicals Limited
NSE:OCCL
|
$12.20 Million |
|
JOY SPREADER GROUP INC.
F:5YN
|
$12.20 Million |
|
Estrella Immunopharma Inc.
NASDAQ:ESLA
|
$12.19 Million |
|
Kino Indonesia Tbk PT
JK:KINO
|
$12.19 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Tander Inversiones SOCIMI SA's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 66,762,168 to 67,443,839, a change of 681,671 (1.0%).
- Net income of 1,648,356 contributed positively to equity growth.
- Dividend payments of 971,943 reduced retained earnings.
- Share repurchases of 20,695 reduced equity.
- New share issuances of 25,953 increased equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €1.65 Million | +2.44% |
| Dividends Paid | €971.94K | -1.44% |
| Share Repurchases | €20.70K | -0.03% |
| Share Issuances | €25.95K | +0.04% |
| Total Change | €- | 1.02% |
Book Value vs Market Value Analysis
This analysis compares Tander Inversiones 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: 1.53x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 2.51x to 1.53x 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 | €4.82 | €12.10 | x |
| 2019-12-31 | €4.99 | €12.10 | x |
| 2020-12-31 | €7.45 | €12.10 | x |
| 2021-12-31 | €7.85 | €12.10 | x |
| 2022-12-31 | €8.01 | €12.10 | x |
| 2023-12-31 | €7.84 | €12.10 | x |
| 2024-12-31 | €7.91 | €12.10 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Tander Inversiones 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): 2.44%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 20.88%
- • Asset Turnover: 0.04x
- • Equity Multiplier: 2.64x
- Recent ROE (2.44%) is below the historical average (4.12%), 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 | 5.28% | 34.27% | 0.05x | 2.96x | €-1.18 Million |
| 2019 | 9.03% | 53.21% | 0.05x | 3.46x | €-253.54K |
| 2020 | 2.77% | 33.96% | 0.03x | 2.39x | €-4.23 Million |
| 2021 | 2.77% | 28.61% | 0.04x | 2.70x | €-4.83 Million |
| 2022 | 4.89% | 42.03% | 0.04x | 2.63x | €-3.49 Million |
| 2023 | 1.65% | 13.90% | 0.04x | 2.67x | €-5.58 Million |
| 2024 | 2.44% | 20.88% | 0.04x | 2.64x | €-5.10 Million |
Industry Comparison
This section compares Tander Inversiones SOCIMI SA's net assets metrics with peer companies in the REIT - Retail industry.
Industry Context
- Industry: REIT - Retail
- Average net assets among peers: $244,686,046
- Average return on equity (ROE) among peers: -0.02%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Tander Inversiones SOCIMI SA (YTAN) | €67.44 Million | 5.28% | 1.64x | $12.20 Million |
| General de Galerias Comerciales SOCIMI S.A. (GGC) | $663.58 Million | 0.00% | 0.21x | $1.53 Million |
| Castellana Properties Socimi (YCPS) | $498.17 Million | -6.39% | 1.08x | $16.54 Million |
| Emperador Properties SOCIMI S.A. (YEPSA) | $72.21 Million | -0.04% | 0.00x | $75.99K |
| Olimpo Real Estate SA (YORE) | $162.49 Million | 3.04% | 1.06x | $10.02K |
| Serrano 61 Desarrollo SOCIMI SA (YSRR) | $52.04 Million | -4.51% | 0.74x | $44.29 Million |
| Trajano Iberia Socimi SA (YTRA) | $71.71 Million | 2.82% | 1.19x | $2.63 Million |
| Trivium Real Estate Socimi SA (YTRI) | $192.61 Million | 4.93% | 1.40x | $250.85K |