Unibail-Rodamco-Westfield SE
Unibail-Rodamco-Westfield is an owner, developer and operator of sustainable, high-quality real estate assets in the most dynamic cities in Europe and the United States. The Group operates 66 shopping centres in 11 countries, including 40 which carry the iconic Westfield brand. These centres attract over 900 million visits annually and provide a unique platform for retailers and brands to connect… Read more
Unibail-Rodamco-Westfield SE (UNIRF) - Net Assets
Latest net assets as of June 2025: $20.85 Billion USD
Based on the latest financial reports, Unibail-Rodamco-Westfield SE (UNIRF) has net assets worth $20.85 Billion USD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($50.92 Billion) and total liabilities ($30.06 Billion). 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 | $20.85 Billion |
| % of Total Assets | 40.96% |
| Annual Growth Rate | 2.19% |
| 5-Year Change | -7.71% |
| 10-Year Change | 9.35% |
| Growth Volatility | 16.89 |
Unibail-Rodamco-Westfield SE - Net Assets Trend (2014–2024)
This chart illustrates how Unibail-Rodamco-Westfield SE's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Unibail-Rodamco-Westfield SE (2014–2024)
The table below shows the annual net assets of Unibail-Rodamco-Westfield SE from 2014 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $21.04 Billion | +1.30% |
| 2023-12-31 | $20.77 Billion | -9.50% |
| 2022-12-31 | $22.95 Billion | +2.57% |
| 2021-12-31 | $22.37 Billion | -1.85% |
| 2020-12-31 | $22.80 Billion | -28.44% |
| 2019-12-31 | $31.85 Billion | -0.90% |
| 2018-12-31 | $32.14 Billion | +41.63% |
| 2017-12-31 | $22.69 Billion | +7.96% |
| 2016-12-31 | $21.02 Billion | +9.26% |
| 2015-12-31 | $19.24 Billion | +13.61% |
| 2014-12-31 | $16.93 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Unibail-Rodamco-Westfield SE'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 91.2% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $146.20 Million | 0.83% |
| Other Components | $17.52 Billion | 99.17% |
| Total Equity | $17.67 Billion | 100.00% |
Unibail-Rodamco-Westfield SE Competitors by Market Cap
The table below lists competitors of Unibail-Rodamco-Westfield SE ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Mitek Systems Inc
NASDAQ:MITK
|
$607.24 Million |
|
Sercomm Corp
TW:5388
|
$607.32 Million |
|
Hoist Finance AB
ST:HOFI
|
$607.39 Million |
|
EFORT Intelligent Equipment Co Ltd
SHG:688165
|
$607.50 Million |
|
Air Astana Joint Stock Company
F:7YH
|
$607.05 Million |
|
Peab AB ser. B
LSE:0MHT
|
$607.03 Million |
|
Union Bank of Taiwan
TW:2838
|
$607.02 Million |
|
Jiangsu Yawei Machine Tool Co Ltd
SHE:002559
|
$607.00 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Unibail-Rodamco-Westfield SE's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 17,206,800,000 to 17,670,700,000, a change of 463,900,000 (2.7%).
- Net income of 146,200,000 contributed positively to equity growth.
- Dividend payments of 347,900,000 reduced retained earnings.
- New share issuances of 5,200,000 increased equity.
- Other factors increased equity by 660,400,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $146.20 Million | +0.83% |
| Dividends Paid | $347.90 Million | -1.97% |
| Share Issuances | $5.20 Million | +0.03% |
| Other Changes | $660.40 Million | +3.74% |
| Total Change | $- | 2.70% |
Book Value vs Market Value Analysis
This analysis compares Unibail-Rodamco-Westfield SE'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: 0.03x
- 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 | $139.97 | $4.25 | x |
| 2021-12-31 | $136.48 | $4.25 | x |
| 2022-12-31 | $138.20 | $4.25 | x |
| 2023-12-31 | $123.75 | $4.25 | x |
| 2024-12-31 | $123.89 | $4.25 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Unibail-Rodamco-Westfield SE 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): 0.83%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.49%
- • Asset Turnover: 0.06x
- • Equity Multiplier: 3.03x
- Recent ROE (0.83%) is below the historical average (0.94%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 11.50% | 93.29% | 0.05x | 2.45x | $218.51 Million |
| 2015 | 14.55% | 121.04% | 0.05x | 2.38x | $729.79 Million |
| 2016 | 13.79% | 132.41% | 0.04x | 2.33x | $662.47 Million |
| 2017 | 12.90% | 112.42% | 0.05x | 2.29x | $547.88 Million |
| 2018 | 3.66% | 34.74% | 0.05x | 2.29x | $-1.79 Billion |
| 2019 | 3.95% | 33.40% | 0.05x | 2.33x | $-1.69 Billion |
| 2020 | -37.21% | -272.57% | 0.05x | 2.96x | $-9.15 Billion |
| 2021 | -5.14% | -38.58% | 0.05x | 2.90x | $-2.86 Billion |
| 2022 | 0.93% | 5.93% | 0.05x | 2.85x | $-1.74 Billion |
| 2023 | -9.47% | -53.22% | 0.06x | 3.11x | $-3.35 Billion |
| 2024 | 0.83% | 4.49% | 0.06x | 3.03x | $-1.62 Billion |
Industry Comparison
This section compares Unibail-Rodamco-Westfield SE's net assets metrics with peer companies in the REIT - Retail industry.
Industry Context
- Industry: REIT - Retail
- Average net assets among peers: $22,048,860,627
- Average return on equity (ROE) among peers: 3.28%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Unibail-Rodamco-Westfield SE (UNIRF) | $20.85 Billion | 11.50% | 1.44x | $607.05 Million |
| Agree Realty Corporation (ADC) | $137.98 Million | 10.88% | 0.90x | $9.41 Billion |
| AEORF (AEORF) | $210.91 Billion | 5.61% | 0.83x | $1.34 Billion |
| Acadia Realty Trust (AKR) | $83.00 Million | 4.58% | 2.01x | $2.69 Billion |
| Alexander & Baldwin Holdings Inc (ALEX) | $1.07 Billion | 3.30% | 0.75x | $1.50 Billion |
| Alexanders Inc (ALX) | $50.92 Million | -34.84% | 17.09x | $515.62 Million |
| Saul Centers Inc (BFS) | $-4.60 Million | 0.00% | 0.00x | $453.57 Million |
| Brixmor Property (BRX) | $2.72 Billion | 9.94% | 2.08x | $8.61 Billion |
| CBL & Associates Properties Inc (CBL) | $1.08 Billion | 10.83% | 4.49x | $694.28 Million |
| Capital & Counties Properties PLC (CCPPF) | $2.51 Billion | 17.90% | 0.23x | $1.88 Billion |
| CapitaLand China Trust (CLDHF) | $1.93 Billion | 4.63% | 1.02x | $745.61 Million |