Desarrolladora Homex S.A.B. de C.V (HOMEX) - Net Assets
Based on the latest financial reports, Desarrolladora Homex S.A.B. de C.V (HOMEX) has net assets worth MX$154.43 Million MXN (≈ $8.89 Million USD) as of March 2022. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (MX$1.16 Billion ≈ $66.71 Million USD) and total liabilities (MX$1.00 Billion ≈ $57.82 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. Explore Desarrolladora Homex S.A.B. de C.V (HOMEX) cash flow conversion to assess how effectively this company generates cash.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | MX$154.43 Million |
| % of Total Assets | 13.32% |
| Annual Growth Rate | -11.12% |
| 5-Year Change | N/A |
| 10-Year Change | -99.35% |
| Growth Volatility | 97.87 |
Desarrolladora Homex S.A.B. de C.V - Net Assets Trend (2002–2021)
This chart illustrates how Desarrolladora Homex S.A.B. de C.V's net assets have evolved over time, based on quarterly financial data. Explore Desarrolladora Homex S.A.B. de C.V (HOMEX) long-term investment share to see how much of total assets are deployed in long-term investments.
Annual Net Assets for Desarrolladora Homex S.A.B. de C.V (2002–2021)
The table below shows the annual net assets of Desarrolladora Homex S.A.B. de C.V from 2002 to 2021. For live valuation and market cap data, see Desarrolladora Homex S.A.B. de C.V (HOMEX) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2021-12-31 | MX$95.75 Million ≈ $5.51 Million |
+106.27% |
| 2020-12-31 | MX$-1.53 Billion ≈ $-87.82 Million |
+21.22% |
| 2019-12-31 | MX$-1.94 Billion ≈ $-111.48 Million |
+21.03% |
| 2018-12-31 | MX$-2.45 Billion ≈ $-141.17 Million |
+28.89% |
| 2017-12-31 | MX$-3.45 Billion ≈ $-198.52 Million |
+55.92% |
| 2016-12-31 | MX$-7.83 Billion ≈ $-450.35 Million |
-3.29% |
| 2015-12-31 | MX$-7.58 Billion ≈ $-436.00 Million |
+71.06% |
| 2014-12-31 | MX$-26.18 Billion ≈ $-1.51 Billion |
-16.18% |
| 2013-12-31 | MX$-22.53 Billion ≈ $-1.30 Billion |
-252.81% |
| 2012-12-31 | MX$14.75 Billion ≈ $848.67 Million |
+7.74% |
| 2011-12-31 | MX$13.69 Billion ≈ $787.72 Million |
+11.10% |
| 2010-12-31 | MX$12.32 Billion ≈ $709.05 Million |
-6.82% |
| 2009-12-31 | MX$13.22 Billion ≈ $760.99 Million |
+14.81% |
| 2008-12-31 | MX$11.52 Billion ≈ $662.82 Million |
+17.03% |
| 2007-12-31 | MX$9.84 Billion ≈ $566.36 Million |
+34.49% |
| 2006-12-31 | MX$7.32 Billion ≈ $421.12 Million |
+26.05% |
| 2005-12-31 | MX$5.81 Billion ≈ $334.09 Million |
+53.74% |
| 2004-12-31 | MX$3.78 Billion ≈ $217.31 Million |
+188.84% |
| 2003-12-31 | MX$1.31 Billion ≈ $75.24 Million |
+45.43% |
| 2002-12-31 | MX$898.94 Million ≈ $51.73 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Desarrolladora Homex S.A.B. de C.V'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 13436.9% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2021)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | MX$7.17 Billion | 6829.68% |
| Other Components | MX$2.08 Billion | 1979.11% |
| Total Equity | MX$104.98 Million | 100.00% |
Desarrolladora Homex S.A.B. de C.V Competitors by Market Cap
The table below lists competitors of Desarrolladora Homex S.A.B. de C.V ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Mitra Komunikasi Nusantara Tbk PT
JK:MKNT
|
$322.28K |
|
Dewhurst plc
LSE:DWHA
|
$323.07K |
|
Amigo Holdings PLC
LSE:AMGO
|
$323.98K |
|
Qlucore AB (publ)
ST:NOVKAN
|
$326.04K |
|
GO.D.M Investments Ltd
TA:GODM
|
$319.94K |
|
Inspiration Healthcare Group PLC
LSE:IHC
|
$319.65K |
|
Windar Photonics Plc
LSE:WPHO
|
$319.51K |
|
Oxurion NV
BR:OXUR
|
$319.29K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Desarrolladora Homex S.A.B. de C.V's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2020 to 2021, total equity changed from -1,519,452,000 to 104,984,000, a change of 1,624,436,000.
- Net income of 1,158,807,000 contributed positively to equity growth.
- New share issuances of 466,658,000 increased equity.
Equity Change Factors (2020 to 2021)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | MX$1.16 Billion | +1103.79% |
| Share Issuances | MX$466.66 Million | +444.5% |
| Other Changes | MX$-1.03 Million | -0.98% |
| Total Change | MX$- | % |
Book Value vs Market Value Analysis
This analysis compares Desarrolladora Homex S.A.B. de C.V's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.05x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | MX$-0.63 | MX$0.00 | x |
| 2018-12-31 | MX$-0.44 | MX$0.00 | x |
| 2019-12-31 | MX$-0.35 | MX$0.00 | x |
| 2020-12-31 | MX$-0.27 | MX$0.00 | x |
| 2021-12-31 | MX$0.02 | MX$0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Desarrolladora Homex S.A.B. de C.V 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): 1103.79%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 107.14%
- • Asset Turnover: 1.00x
- • Equity Multiplier: 10.32x
- Recent ROE (1103.79%) is above the historical average (66.41%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2003 | 18.64% | 8.28% | 0.87x | 2.59x | MX$110.02 Million |
| 2004 | 18.96% | 13.18% | 0.79x | 1.82x | MX$333.87 Million |
| 2005 | 17.31% | 11.62% | 0.61x | 2.45x | MX$421.55 Million |
| 2006 | 18.54% | 10.27% | 0.69x | 2.61x | MX$617.68 Million |
| 2007 | 23.18% | 13.33% | 0.69x | 2.51x | MX$1.27 Billion |
| 2008 | 14.03% | 8.30% | 0.62x | 2.71x | MX$453.78 Million |
| 2009 | 14.18% | 9.08% | 0.59x | 2.66x | MX$542.48 Million |
| 2010 | 12.46% | 7.34% | 0.56x | 3.02x | MX$298.70 Million |
| 2011 | 9.67% | 5.64% | 0.56x | 3.07x | MX$-44.39 Million |
| 2012 | 10.95% | 5.26% | 0.59x | 3.53x | MX$138.92 Million |
| 2013 | 0.00% | -1141.75% | 0.16x | 0.00x | MX$-34.81 Billion |
| 2014 | 0.00% | -219.38% | 0.08x | 0.00x | MX$-1.09 Billion |
| 2015 | 0.00% | 4611.82% | 0.03x | 0.00x | MX$16.71 Billion |
| 2016 | 0.00% | -40.32% | 0.13x | 0.00x | MX$420.17 Million |
| 2017 | 0.00% | 242.60% | 0.07x | 0.00x | MX$1.34 Billion |
| 2018 | 0.00% | 80.77% | 0.26x | 0.00x | MX$1.10 Billion |
| 2019 | 0.00% | 44.54% | 0.31x | 0.00x | MX$710.99 Million |
| 2020 | 0.00% | 42.33% | 0.32x | 0.00x | MX$565.60 Million |
| 2021 | 1103.79% | 107.14% | 1.00x | 10.32x | MX$1.15 Billion |
Industry Comparison
This section compares Desarrolladora Homex S.A.B. de C.V's net assets metrics with peer companies in the Residential Construction industry.
Industry Context
- Industry: Residential Construction
- Average net assets among peers: $2,928,814,000
- Average return on equity (ROE) among peers: 7.82%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Desarrolladora Homex S.A.B. de C.V (HOMEX) | MX$154.43 Million | 18.64% | 6.51x | $320.51K |
| Consorcio ARA S. A. B. de C. V. (ARA) | $4.56 Billion | 15.64% | 0.52x | $330.37 Million |
| Servicios Corporativos Javer (JAVER) | $1.30 Billion | 0.00% | 2.95x | $247.96 Million |
About Desarrolladora Homex S.A.B. de C.V
Desarrolladora Homex, S.A.B. de C.V. operates as an integrated housing company in Mexico. It also develops, constructs, and sells affordable housing, middle-income, and residential housing. The company was founded in 1989 and is based in Culiacán, Mexico.