Veracruz Properties SOCIMI SA (YVCP) - Net Assets
Based on the latest financial reports, Veracruz Properties SOCIMI SA (YVCP) has net assets worth €60.05 Million EUR (≈ $70.20 Million USD) 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 ≈ $118.57 Million USD) and total liabilities (€41.37 Million ≈ $48.37 Million 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. Check YVCP intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
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. See Veracruz Properties SOCIMI SA (YVCP) defensive interval to measure how many days the company can operate on defensive assets alone.
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. For live valuation and market cap data, see Veracruz Properties SOCIMI SA (YVCP) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €59.55 Million ≈ $69.62 Million |
+0.31% |
| 2023-12-31 | €59.37 Million ≈ $69.41 Million |
+4.00% |
| 2022-12-31 | €57.08 Million ≈ $66.74 Million |
+9.53% |
| 2021-12-31 | €52.12 Million ≈ $60.93 Million |
+2.88% |
| 2020-12-31 | €50.66 Million ≈ $59.22 Million |
+9.73% |
| 2019-12-31 | €46.16 Million ≈ $53.97 Million |
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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 |
|---|---|
|
Seker Gayrimenkul Yatirim Ortakligi A.S.
IS:SEGYO
|
$87.13 Million |
|
Dwarikesh Sugar Industries Limited
NSE:DWARKESH
|
$87.15 Million |
|
Matrimony.Com Limited
NSE:MATRIMONY
|
$87.17 Million |
|
IMI PLC
LSE:IMI
|
$87.19 Million |
|
Terns Pharmaceuticals Inc
NASDAQ:TERN
|
$87.01 Million |
|
AXON PARTNERS GRP EO -10
F:XE1
|
$86.99 Million |
|
Shotspotter Inc
NASDAQ:SSTI
|
$86.92 Million |
|
NanoenTekInc
KQ:039860
|
$86.82 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: 1.51x
- 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 1.72x to 1.51x 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 | €31.60 | x |
| 2020-12-31 | €19.16 | €31.60 | x |
| 2021-12-31 | €19.58 | €31.60 | x |
| 2022-12-31 | €20.58 | €31.60 | x |
| 2023-12-31 | €20.91 | €31.60 | x |
| 2024-12-31 | €20.98 | €31.60 | 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: $230,203,378
- Average return on equity (ROE) among peers: 5.55%
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 | $87.03 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) | $162.68 Million | 5.37% | 0.60x | $231.59 Million |
| Arrienda Rental Properties SOCIMI SA (YARP) | $25.07 Million | 8.51% | 0.88x | $58.41 Million |
| Azaria Rental SOCIMI S.A. (YAZR) | $43.74 Million | 5.46% | 1.79x | $79.42 Million |
| Entre Cua Socimi (YENT) | $57.31 Million | 5.78% | 0.58x | $102.48 Million |
| GMP Property SOCIMI SA (YGMP) | $1.75 Billion | 9.80% | 0.57x | $1.24 Billion |
| GreenOak Spain Holdings SOCIMI S.A. (YGO2) | $31.71 Million | -2.50% | 1.85x | $10.95 Million |
| Grupo Ortiz Properties Socimi (YGOP) | $103.03 Million | 10.51% | 0.81x | $101.93 Million |
| Hispanotels Inversiones SOCIMI SA (YHSP) | $49.63 Million | 7.31% | 0.45x | $102.23 Million |
| IBI Lion SOCIMI S.A. (YIBI) | $45.04 Million | 5.24% | 1.22x | $86.48 Million |
About 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.