Bluerock Homes Trust Inc. (BHM) - Net Assets
Based on the latest financial reports, Bluerock Homes Trust Inc. (BHM) has net assets worth $640.03 Million USD as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.09 Billion) and total liabilities ($452.66 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. Check Bluerock Homes Trust Inc. tangible book value ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $640.03 Million |
| % of Total Assets | 58.57% |
| Annual Growth Rate | 32.61% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 62.63 |
Bluerock Homes Trust Inc. - Net Assets Trend (2020–2024)
This chart illustrates how Bluerock Homes Trust Inc.'s net assets have evolved over time, based on quarterly financial data. See how many days can Bluerock Homes Trust Inc. fund operations to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Bluerock Homes Trust Inc. (2020–2024)
The table below shows the annual net assets of Bluerock Homes Trust Inc. from 2020 to 2024. For live valuation and market cap data, see Bluerock Homes Trust Inc. market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $568.89 Million | +18.80% |
| 2023-12-31 | $478.87 Million | -2.67% |
| 2022-12-31 | $491.99 Million | +6.50% |
| 2021-12-31 | $461.97 Million | +151.11% |
| 2020-12-31 | $183.97 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Bluerock Homes Trust Inc.'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 2070900000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $20.71 Million | 8.58% |
| Common Stock | $40.00K | 0.02% |
| Other Comprehensive Income | $-164.00K | -0.07% |
| Other Components | $220.65 Million | 91.47% |
| Total Equity | $241.23 Million | 100.00% |
Bluerock Homes Trust Inc. Competitors by Market Cap
The table below lists competitors of Bluerock Homes Trust Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
BioRem Inc.
V:BRM
|
$36.64 Million |
|
Sound Group Inc.
NASDAQ:SOGP
|
$36.67 Million |
|
Dimension Computer Technology Co Ltd
TWO:6140
|
$36.67 Million |
|
Marka Yatirim Holding AS
IS:MARKA
|
$36.67 Million |
|
Hammer Metals Ltd
AU:HMX
|
$36.64 Million |
|
PPAP Automotive Limited
NSE:PPAP
|
$36.64 Million |
|
Red Metal Ltd
AU:RDM
|
$36.64 Million |
|
Dongbang Ship Machinery Co. Ltd
KQ:099410
|
$36.64 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Bluerock Homes Trust Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 155,624,000 to 241,234,000, a change of 85,610,000 (55.0%).
- Net income of 32,000 contributed positively to equity growth.
- Dividend payments of 7,336,000 reduced retained earnings.
- Share repurchases of 92,857,000 reduced equity.
- New share issuances of 92,857,000 increased equity.
- Other comprehensive income increased equity by 8,109,000.
- Other factors increased equity by 84,805,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $32.00K | +0.01% |
| Dividends Paid | $7.34 Million | -3.04% |
| Share Repurchases | $92.86 Million | -38.49% |
| Share Issuances | $92.86 Million | +38.49% |
| Other Comprehensive Income | $8.11 Million | +3.36% |
| Other Changes | $84.81 Million | +35.15% |
| Total Change | $- | 55.01% |
Book Value vs Market Value Analysis
This analysis compares Bluerock Homes Trust Inc.'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: 0.17x
- 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 |
|---|---|---|---|
| 2020-12-31 | $46.72 | $10.62 | x |
| 2021-12-31 | $114.50 | $10.62 | x |
| 2022-12-31 | $41.63 | $10.62 | x |
| 2023-12-31 | $40.47 | $10.62 | x |
| 2024-12-31 | $62.56 | $10.62 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Bluerock Homes Trust Inc. 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): 0.01%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.06%
- • Asset Turnover: 0.05x
- • Equity Multiplier: 4.01x
- Recent ROE (0.01%) is above the historical average (-1.10%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | -9.88% | -240.67% | 0.01x | 2.74x | $-35.69 Million |
| 2021 | 7.80% | 192.62% | 0.03x | 1.23x | $-9.68 Million |
| 2022 | -0.63% | -2.34% | 0.06x | 4.12x | $-17.00 Million |
| 2023 | -2.81% | -10.64% | 0.06x | 4.32x | $-19.94 Million |
| 2024 | 0.01% | 0.06% | 0.05x | 4.01x | $-24.09 Million |
Industry Comparison
This section compares Bluerock Homes Trust Inc.'s net assets metrics with peer companies in the REIT - Residential industry.
Industry Context
- Industry: REIT - Residential
- Average net assets among peers: $2,514,901,251
- Average return on equity (ROE) among peers: 7.72%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Bluerock Homes Trust Inc. (BHM) | $640.03 Million | -9.88% | 0.71x | $36.64 Million |
| Apartment Investment and Management Co (AIV) | $1.75 Billion | 1.71% | 5.06x | $417.18 Million |
| American Homes 4 Rent (AMH) | $4.94 Billion | 0.14% | 0.64x | $11.79 Billion |
| AvalonBay Communities Inc (AVB) | $10.94 Billion | 9.18% | 0.82x | $24.99 Billion |
| BRT Realty Trust (BRT) | $250.07 Million | 19.98% | 1.93x | $275.94 Million |
| Clipper Realty Inc (CLPR) | $37.20 Million | 14.08% | 19.62x | $50.73 Million |
| Camden Property Trust (CPT) | $1.83 Billion | 3.08% | 1.53x | $10.84 Billion |
| Centerspace (CSR) | $145.04 Million | 6.07% | 1.99x | $922.32 Million |
| Elme Communities (ELME) | $1.26 Billion | -2.44% | 0.48x | $178.60 Million |
| Equity Lifestyle Properties Inc (ELS) | $1.49 Billion | 17.66% | 2.57x | $12.18 Billion |
About Bluerock Homes Trust Inc.
Bluerock Homes Trust, Inc. (the "Company") was incorporated in Maryland on December 16, 2021. The Company owns and operates a portfolio of institutional residential properties including single-family homes, build-to-rent communities, and other residential communities located in attractive markets with a focus on the knowledge-economy and high-quality of life growth markets of the Sunbelt and West… Read more