Acanthe Développement (ACAN) - Net Assets

Latest as of June 2025: €112.05 Million EUR ≈ $131.00 Million USD

Based on the latest financial reports, Acanthe Développement (ACAN) has net assets worth €112.05 Million EUR (≈ $131.00 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 (€133.12 Million ≈ $155.63 Million USD) and total liabilities (€21.07 Million ≈ $24.63 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 Acanthe Développement (ACAN) liquid assets ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	€112.05 Million
% of Total Assets	84.17%
Annual Growth Rate	-6.53%
5-Year Change	-24.28%
10-Year Change	-45.48%
Growth Volatility	11.66

Acanthe Développement - Net Assets Trend (2009–2024)

This chart illustrates how Acanthe Développement's net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of Acanthe Développement for the complete picture of this company's asset base.

Annual Net Assets for Acanthe Développement (2009–2024)

The table below shows the annual net assets of Acanthe Développement from 2009 to 2024. For live valuation and market cap data, see ACAN company net worth.

Year	Net Assets	Change
2024-12-31	€112.21 Million ≈ $131.19 Million	-5.68%
2023-12-31	€118.97 Million ≈ $139.09 Million	-22.48%
2022-12-31	€153.47 Million ≈ $179.43 Million	-2.26%
2021-12-31	€157.01 Million ≈ $183.57 Million	+5.96%
2020-12-31	€148.19 Million ≈ $173.25 Million	-2.62%
2019-12-31	€152.18 Million ≈ $177.92 Million	+8.74%
2018-12-31	€139.95 Million ≈ $163.62 Million	-18.97%
2017-12-31	€172.72 Million ≈ $201.92 Million	-2.96%
2016-12-31	€177.98 Million ≈ $208.07 Million	-13.52%
2015-12-31	€205.81 Million ≈ $240.62 Million	+1.64%
2014-12-31	€202.49 Million ≈ $236.73 Million	-0.30%
2013-12-31	€203.10 Million ≈ $237.44 Million	-3.14%
2012-12-31	€209.68 Million ≈ $245.14 Million	+6.47%
2011-12-31	€196.94 Million ≈ $230.24 Million	-35.53%
2010-12-31	€305.48 Million ≈ $357.14 Million	-1.21%
2009-12-31	€309.23 Million ≈ $361.52 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Acanthe Développement'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 1564300000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Common Stock	€22.47 Million	20.02%
Other Comprehensive Income	€16.88 Million	15.05%
Other Components	€76.83 Million	68.47%
Total Equity	€112.21 Million	100.00%

Acanthe Développement Competitors by Market Cap

The table below lists competitors of Acanthe Développement ranked by their market capitalization.

Company	Market Cap
Eduspec Holdings Bhd KLSE:0107	$39.20 Million
American West Metals Ltd AU:AW1	$39.20 Million
iCRAFT Co. Ltd KQ:052460	$39.20 Million
Bohae Brewery KO:000890	$39.20 Million
Transworld Shipping Lines Limited NSE:TRANSWORLD	$39.16 Million
Lindeman Asia Investment Co. Ltd KQ:277070	$39.16 Million
Logistea A ST:LOGI-A	$39.11 Million
Yotta Acquisition Corporation Common Stock NASDAQ:YOTA	$39.11 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Acanthe Développement's equity between the two most recent reporting periods.

Equity Growth Insights

From 2023 to 2024, total equity changed from 118,975,000 to 112,213,000, a change of -6,762,000 (-5.7%).
Net loss of 4,000,000 reduced equity.
Dividend payments of 2,812,000 reduced retained earnings.
Other comprehensive income decreased equity by 12,778,000.
Other factors increased equity by 12,828,000.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	€-4.00 Million	-3.56%
Dividends Paid	€2.81 Million	-2.51%
Other Comprehensive Income	€-12.78 Million	-11.39%
Other Changes	€12.83 Million	+11.43%
Total Change	€-	-5.68%

Book Value vs Market Value Analysis

This analysis compares Acanthe Développement'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: 0.34x
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.
The price-to-book ratio has increased from 0.08x to 0.34x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2009-12-31	€2.93	€0.23	x
2010-12-31	€3.05	€0.23	x
2011-12-31	€1.54	€0.23	x
2012-12-31	€1.61	€0.23	x
2013-12-31	€1.46	€0.23	x
2014-12-31	€1.32	€0.23	x
2015-12-31	€1.30	€0.23	x
2016-12-31	€1.16	€0.23	x
2017-12-31	€1.12	€0.23	x
2018-12-31	€0.89	€0.23	x
2019-12-31	€0.98	€0.23	x
2020-12-31	€0.95	€0.23	x
2021-12-31	€1.01	€0.23	x
2022-12-31	€1.04	€0.23	x
2023-12-31	€0.81	€0.23	x
2024-12-31	€0.68	€0.23	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Acanthe Développement 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): -3.56%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -102.01%
• Asset Turnover: 0.03x
• Equity Multiplier: 1.18x
Recent ROE (-3.56%) is below the historical average (3.76%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2009	-6.46%	-183.42%	0.03x	1.39x	€-49.62 Million
2010	-0.06%	-1.77%	0.02x	1.42x	€-29.92 Million
2011	-0.49%	-9.26%	0.03x	1.53x	€-19.79 Million
2012	7.47%	168.10%	0.03x	1.46x	€-4.98 Million
2013	-2.53%	-46.15%	0.03x	1.63x	€-23.84 Million
2014	0.81%	14.00%	0.03x	1.67x	€-17.42 Million
2015	22.94%	444.51%	0.03x	1.48x	€24.84 Million
2016	23.47%	979.29%	0.02x	1.35x	€22.93 Million
2017	5.50%	204.47%	0.02x	1.34x	€-7.42 Million
2018	8.15%	209.59%	0.03x	1.33x	€-2.44 Million
2019	8.84%	231.36%	0.03x	1.41x	€-1.66 Million
2020	-2.70%	-77.79%	0.03x	1.36x	€-17.70 Million
2021	5.47%	209.12%	0.02x	1.12x	€-6.71 Million
2022	3.20%	131.30%	0.02x	1.07x	€-10.44 Million
2023	-9.84%	-295.19%	0.03x	1.15x	€-23.61 Million
2024	-3.56%	-102.01%	0.03x	1.18x	€-15.22 Million

Industry Comparison

This section compares Acanthe Développement's net assets metrics with peer companies in the REIT - Office industry.

Industry Context

Industry: REIT - Office
Average net assets among peers: $2,160,442,245
Average return on equity (ROE) among peers: 10.76%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Acanthe Développement (ACAN)	€112.05 Million	-6.46%	0.19x	$39.19 Million
Societe de la Tour Eiffel SA (EIFF)	$373.43 Million	11.38%	1.85x	$532.82 Million
Fonciere Lyonnaise (FLY)	$1.94 Billion	9.00%	0.74x	$3.17 Billion
Gecina SA (GFC)	$7.72 Billion	16.84%	0.67x	$5.25 Billion
Maison Antoine Baud Société Anonyme (MLMAB)	$32.98 Million	5.54%	0.90x	$48.77 Million
Vitura S.A. (VTR)	$730.27 Million	11.06%	1.13x	$65.81 Million

About Acanthe Développement

PA:ACAN France REIT - Office

Market Cap

$44.46 Million

€38.03 Million EUR

Market Cap Rank

#22761 Global

#359 in France

Share Price

€0.23

Change (1 day)

+3.60%

52-Week Range

€0.21 - €0.35

All Time High

€0.40