Veracruz Properties SOCIMI SA
Veracruz Properties SOCIMI, S.A. owns and rents commercial real estate business in Spain. It operates shopping centers, offices, and residential properties. Veracruz Properties SOCIMI, S.A. is based in Gandia, Spain.
Veracruz Properties SOCIMI SA (YVCP) - Net Assets
Latest net assets as of June 2025: €60.05 Million EUR
Based on the latest financial reports, Veracruz Properties SOCIMI SA (YVCP) has net assets worth €60.05 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 (€101.42 Million) and total liabilities (€41.37 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 | €60.05 Million |
| % of Total Assets | 59.21% |
| Annual Growth Rate | 5.22% |
| 5-Year Change | 17.56% |
| 10-Year Change | N/A |
| Growth Volatility | 3.74 |
Veracruz Properties SOCIMI SA - Net Assets Trend (2019–2024)
This chart illustrates how Veracruz Properties 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 Veracruz Properties SOCIMI SA (2019–2024)
The table below shows the annual net assets of Veracruz Properties SOCIMI SA from 2019 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €59.55 Million | +0.31% |
| 2023-12-31 | €59.37 Million | +4.00% |
| 2022-12-31 | €57.08 Million | +9.53% |
| 2021-12-31 | €52.12 Million | +2.88% |
| 2020-12-31 | €50.66 Million | +9.73% |
| 2019-12-31 | €46.16 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Veracruz Properties 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 167.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €3.58 Million | 6.01% |
| Other Components | €55.98 Million | 93.99% |
| Total Equity | €59.55 Million | 100.00% |
Veracruz Properties SOCIMI SA Competitors by Market Cap
The table below lists competitors of Veracruz Properties SOCIMI SA ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Teladan Setia Group Bhd
KLSE:0230
|
$21.93 Million |
|
Arvana Inc
PINK:AVNI
|
$21.93 Million |
|
Matrix Composites & Engineering Ltd
AU:MCE
|
$21.94 Million |
|
GVK Power & Infrastructure Limited
NSE:GVKPIL
|
$21.94 Million |
|
Coventry Group Ltd
AU:CYG
|
$21.92 Million |
|
GuocoLand (Malaysia) Bhd
KLSE:1503
|
$21.92 Million |
|
JIN MEDICAL INTERNATIONAL LTD. Ordinary Shares
NASDAQ:ZJYL
|
$21.92 Million |
|
Pan Global Resources Inc.
OTCQX:PGZFF
|
$21.91 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Veracruz Properties SOCIMI SA's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 59,368,804 to 59,553,964, a change of 185,160 (0.3%).
- Net income of 3,577,510 contributed positively to equity growth.
- Dividend payments of 3,130,219 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €3.58 Million | +6.01% |
| Dividends Paid | €3.13 Million | -5.26% |
| Other Changes | €-262.13K | -0.44% |
| Total Change | €- | 0.31% |
Book Value vs Market Value Analysis
This analysis compares Veracruz Properties 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: 1.52x
- 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 1.73x to 1.52x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | €18.42 | €31.80 | x |
| 2020-12-31 | €19.16 | €31.80 | x |
| 2021-12-31 | €19.58 | €31.80 | x |
| 2022-12-31 | €20.58 | €31.80 | x |
| 2023-12-31 | €20.91 | €31.80 | x |
| 2024-12-31 | €20.98 | €31.80 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Veracruz Properties 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): 6.01%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 31.69%
- • Asset Turnover: 0.12x
- • Equity Multiplier: 1.57x
- Recent ROE (6.01%) is above the historical average (4.66%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 4.52% | 26.61% | 0.08x | 2.07x | €-2.53 Million |
| 2020 | 3.09% | 20.47% | 0.08x | 1.84x | €-3.50 Million |
| 2021 | 4.31% | 25.13% | 0.10x | 1.78x | €-2.96 Million |
| 2022 | 4.61% | 26.74% | 0.10x | 1.66x | €-3.08 Million |
| 2023 | 5.39% | 29.50% | 0.12x | 1.58x | €-2.74 Million |
| 2024 | 6.01% | 31.69% | 0.12x | 1.57x | €-2.38 Million |
Industry Comparison
This section compares Veracruz Properties SOCIMI SA's net assets metrics with peer companies in the REIT - Diversified industry.
Industry Context
- Industry: REIT - Diversified
- Average net assets among peers: $115,373,515
- Average return on equity (ROE) among peers: -3.85%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Veracruz Properties SOCIMI SA (YVCP) | €60.05 Million | 4.52% | 0.69x | $21.92 Million |
| Jaba I Inversiones Inmobiliarias Socimi SA (YABA) | $35.53 Million | -0.01% | 0.20x | $267.38K |
| All Iron Re I Socimi Sa (YAI1) | $137.12 Million | 4.56% | 0.39x | $178.65 Million |
| Arrienda Rental Properties SOCIMI SA (YARP) | $22.45 Million | 0.26% | 0.39x | $27.41 Million |
| Azaria Rental SOCIMI S.A. (YAZR) | $43.74 Million | 5.46% | 1.79x | $7.98 Million |
| Entre Cua Socimi (YENT) | $55.12 Million | 0.00% | 0.72x | $4.20 Million |
| Euro Cervantes SOCIMI SA (YEUR) | $14.24 Million | -76.52% | 28.22x | $1.75 Million |
| GMP Property SOCIMI SA (YGMP) | $681.45 Million | 16.23% | 1.62x | $2.90 Million |
| Grupo Ortiz Properties Socimi (YGOP) | $93.22 Million | 12.01% | 0.96x | $55.96 Million |
| Hispanotels Inversiones SOCIMI SA (YHSP) | $48.80 Million | 1.77% | 0.48x | $54.06 Million |
| IBI Lion SOCIMI S.A. (YIBI) | $22.07 Million | -2.24% | 0.45x | $11.74K |