GIEAG Immobilien AG
GIEAG Immobilien AG engages in the development of commercial and residential properties in southern Germany. The company invests in, develops, manages, and rents properties in the areas of office, residential, and logistics. GIEAG Immobilien AG was founded in 1999 and is based in Munich, Germany.
GIEAG Immobilien AG (2GI) - Net Assets
Latest net assets as of December 2022: €68.16 Million EUR
Based on the latest financial reports, GIEAG Immobilien AG (2GI) has net assets worth €68.16 Million EUR as of December 2022.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€368.30 Million) and total liabilities (€300.14 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 | €68.16 Million |
| % of Total Assets | 18.51% |
| Annual Growth Rate | 25.4% |
| 5-Year Change | 9.29% |
| 10-Year Change | N/A |
| Growth Volatility | 131.95 |
GIEAG Immobilien AG - Net Assets Trend (2015–2024)
This chart illustrates how GIEAG Immobilien AG's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for GIEAG Immobilien AG (2015–2024)
The table below shows the annual net assets of GIEAG Immobilien AG from 2015 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €59.09 Million | +6.54% |
| 2023-12-31 | €55.47 Million | -18.63% |
| 2022-12-31 | €68.16 Million | -9.34% |
| 2021-12-31 | €75.19 Million | +39.05% |
| 2020-12-31 | €54.07 Million | +29.36% |
| 2019-12-31 | €41.80 Million | -18.81% |
| 2018-12-31 | €51.48 Million | +38.97% |
| 2017-12-31 | €37.05 Million | +421.42% |
| 2016-12-31 | €7.11 Million | -7.76% |
| 2015-12-31 | €7.70 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to GIEAG Immobilien AG'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 1119.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €43.26 Million | 75.04% |
| Other Components | €14.39 Million | 24.96% |
| Total Equity | €57.65 Million | 100.00% |
GIEAG Immobilien AG Competitors by Market Cap
The table below lists competitors of GIEAG Immobilien AG ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
ALUM CORP -H-
MU:AOC
|
$15.57K |
|
EEI Corp Preferred Series B
PSE:EEIPB
|
$15.57K |
|
DSG Global Inc
OTCQB:DSGT
|
$15.58K |
|
PHOT-ME INTL (PHQ.SG)
STU:PHQ
|
$15.58K |
|
Smart Agro LP
TA:SMAG
|
$15.55K |
|
VISTA GOLD
BE:JEJ
|
$15.55K |
|
CHARTER HALL SOC.INF.REIT
F:B6Z0
|
$15.54K |
|
251280
KO:251280
|
$15.54K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in GIEAG Immobilien AG's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 53,883,267 to 57,645,021, a change of 3,761,754 (7.0%).
- Net income of 4,009,354 contributed positively to equity growth.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €4.01 Million | +6.96% |
| Other Changes | €-247.60K | -0.43% |
| Total Change | €- | 6.98% |
Book Value vs Market Value Analysis
This analysis compares GIEAG Immobilien AG'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: 0.11x
- 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 |
|---|---|---|---|
| 2017-12-31 | €8.58 | €1.55 | x |
| 2018-12-31 | €12.18 | €1.55 | x |
| 2019-12-31 | €9.83 | €1.55 | x |
| 2020-12-31 | €12.77 | €1.55 | x |
| 2021-12-31 | €17.59 | €1.55 | x |
| 2022-12-31 | €15.87 | €1.55 | x |
| 2023-12-31 | €12.87 | €1.55 | x |
| 2024-12-31 | €13.77 | €1.55 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently GIEAG Immobilien AG 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): 6.96%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 22.51%
- • Asset Turnover: 0.05x
- • Equity Multiplier: 6.26x
- Recent ROE (6.96%) is below the historical average (22.90%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 29.59% | 172.12% | 0.07x | 2.53x | €1.51 Million |
| 2016 | 5.63% | 10.21% | 0.16x | 3.51x | €-310.85K |
| 2017 | -5.18% | -8.19% | 0.09x | 6.74x | €-5.47 Million |
| 2018 | 48.13% | 213.25% | 0.04x | 5.96x | €19.34 Million |
| 2019 | 40.94% | 174.64% | 0.02x | 10.11x | €12.70 Million |
| 2020 | 55.15% | 35.86% | 0.18x | 8.74x | €24.07 Million |
| 2021 | 74.75% | 39.36% | 0.30x | 6.24x | €47.66 Million |
| 2022 | -4.16% | -3.29% | 0.23x | 5.54x | €-9.41 Million |
| 2023 | -22.83% | -77.28% | 0.05x | 6.56x | €-17.69 Million |
| 2024 | 6.96% | 22.51% | 0.05x | 6.26x | €-1.76 Million |
Industry Comparison
This section compares GIEAG Immobilien AG's net assets metrics with peer companies in the same industry.
Industry Context
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| GIEAG Immobilien AG (2GI) | €68.16 Million | 29.59% | 4.40x | $15.57K |
| Hanna Capital Corp (04U1) | $-79.29K | 0.00% | 0.00x | $116.52K |
| WESTMINSTER RES (08W) | $4.66 Million | -31.33% | 0.12x | $5.16 Million |
| Axonics Inc (0I3) | $570.14 Million | -10.47% | 0.16x | $3.29 Billion |
| Global Bioenergies SA (1DK) | $14.81 Million | -86.04% | 0.89x | $369.68K |
| 2invest AG (2INV) | $82.61 Million | -2.29% | 0.06x | $13.67 Million |
| PT Central Proteina Prima Tbk (4PT) | $3.42 Trillion | 11.74% | 1.00x | $6.90 Million |
| DGH Deutsche Grundwert Holding AG (5TR) | $0.00 | 0.00% | 0.00x | $18.45K |
| SOFTCHOICE CORP. (90Q) | $58.23 Million | -19.76% | 10.01x | $470.36 Million |
| ALBA SE (ABA) | $142.95 Million | 5.25% | 0.45x | $5.10 Million |