Testa Residencial SOCIMI S.A. (YTST) - Net Assets
Based on the latest financial reports, Testa Residencial SOCIMI S.A. (YTST) has net assets worth €- EUR (≈ $- USD) as of . Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€- ≈ $- USD) and total liabilities (€- ≈ $- USD). 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. Explore Testa Residencial SOCIMI S.A. operating cash flow efficiency to assess how effectively this company generates cash.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €- |
| % of Total Assets | 0% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 7.42 |
Testa Residencial SOCIMI S.A. - Net Assets Trend (2021–2024)
This chart illustrates how Testa Residencial SOCIMI S.A.'s net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of Testa Residencial SOCIMI S.A. for the complete picture of this company's asset base.
Annual Net Assets for Testa Residencial SOCIMI S.A. (2021–2024)
The table below shows the annual net assets of Testa Residencial SOCIMI S.A. from 2021 to 2024. For live valuation and market cap data, see YTST market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €1.01 Billion ≈ $1.18 Billion |
+1.66% |
| 2023-12-31 | €995.05 Million ≈ $1.16 Billion |
-9.43% |
| 2022-12-31 | €1.10 Billion ≈ $1.28 Billion |
+8.60% |
| 2021-12-31 | €1.01 Billion ≈ $1.18 Billion |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Testa Residencial 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 decreased by 14522800000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €1.36 Billion | 134.55% |
| Total Equity | €1.01 Billion | 100.00% |
Testa Residencial SOCIMI S.A. Competitors by Market Cap
The table below lists competitors of Testa Residencial SOCIMI S.A. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
i3system Inc
KQ:214430
|
$368.73 Million |
|
Hefei Changqing Machinery Co Ltd
SHG:603768
|
$368.75 Million |
|
Shenyang Huitian Thermal Power Co Ltd
SHE:000692
|
$368.80 Million |
|
Beijing Seeyon Internet Software Cp
SHG:688369
|
$368.90 Million |
|
Autocanada Inc
TO:ACQ
|
$368.63 Million |
|
Eche Izquierdo
SN:EISA
|
$368.61 Million |
|
Sunlour Pigment CO.LTD.
SHE:301036
|
$368.61 Million |
|
Proact IT Group AB
ST:PACT
|
$368.55 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Testa Residencial SOCIMI S.A.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 992,289,000 to 1,007,837,000, a change of 15,548,000 (1.6%).
- Net income of 14,666,000 contributed positively to equity growth.
- Share repurchases of 83,000 reduced equity.
- New share issuances of 1,000 increased equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €14.67 Million | +1.46% |
| Share Repurchases | €83.00K | -0.01% |
| Share Issuances | €1.00K | +0.0% |
| Other Changes | €964.00K | +0.1% |
| Total Change | €- | 1.57% |
Book Value vs Market Value Analysis
This analysis compares Testa Residencial 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: 0.43x
- 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 | €7.67 | €3.28 | x |
| 2022-12-31 | €8.33 | €3.28 | x |
| 2023-12-31 | €7.54 | €3.28 | x |
| 2024-12-31 | €7.66 | €3.28 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Testa Residencial 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): 1.46%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 13.37%
- • Asset Turnover: 0.04x
- • Equity Multiplier: 2.71x
- Recent ROE (1.46%) is above the historical average (0.77%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 4.10% | 48.47% | 0.03x | 2.98x | €-59.67 Million |
| 2022 | 7.64% | 82.40% | 0.03x | 2.71x | €-25.86 Million |
| 2023 | -10.11% | -95.49% | 0.04x | 2.90x | €-199.52 Million |
| 2024 | 1.46% | 13.37% | 0.04x | 2.71x | €-86.12 Million |
Industry Comparison
This section compares Testa Residencial SOCIMI S.A.'s net assets metrics with peer companies in the REIT - Diversified industry.
Industry Context
- Industry: REIT - Diversified
- Average net assets among peers: $111,100,919
- Average return on equity (ROE) among peers: 7.83%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Testa Residencial SOCIMI S.A. (YTST) | €- | 4.10% | N/A | $368.68 Million |
| Jaba I Inversiones Inmobiliarias Socimi SA (YABA) | $35.53 Million | -0.01% | 0.20x | $36.59 Million |
| All Iron Re I Socimi Sa (YAI1) | $137.12 Million | 4.56% | 0.39x | $231.59 Million |
| Arrienda Rental Properties SOCIMI SA (YARP) | $23.47 Million | 7.10% | 0.35x | $58.42 Million |
| Azaria Rental SOCIMI S.A. (YAZR) | $43.74 Million | 5.46% | 1.79x | $79.42 Million |
| Entre Cua Socimi (YENT) | $53.97 Million | -1.29% | 0.69x | $102.49 Million |
| GMP Property SOCIMI SA (YGMP) | $681.45 Million | 16.23% | 1.62x | $1.24 Billion |
| GreenOak Spain Holdings SOCIMI S.A. (YGO2) | $20.47 Million | 27.99% | 2.55x | $10.95 Million |
| Grupo Ortiz Properties Socimi (YGOP) | $19.02 Million | 2.03% | 0.16x | $101.93 Million |
| Hispanotels Inversiones SOCIMI SA (YHSP) | $51.21 Million | 10.97% | 0.41x | $101.11 Million |
| IBI Lion SOCIMI S.A. (YIBI) | $45.04 Million | 5.24% | 1.22x | $86.48 Million |
About Testa Residencial SOCIMI S.A.
Testa Residencial SOCIMI, S.A., a real estate company, engages in the acquisition, management, and rental of residential properties in metropolitan areas of Spain. The company is based in Madrid, Spain. Testa Residencial SOCIMI, S.A. operates as a subsidiary of Tropic Real Estate Holding, S.L.