Realites (ALREA) - Net Assets
Based on the latest financial reports, Realites (ALREA) has net assets worth €-127.98 Million EUR (≈ $-149.62 Million USD) as of December 2024. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€771.23 Million ≈ $901.65 Million USD) and total liabilities (€899.21 Million ≈ $1.05 Billion 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 Realites liquidity resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €-127.98 Million |
| % of Total Assets | -16.59% |
| Annual Growth Rate | N/A |
| 5-Year Change | -224.53% |
| 10-Year Change | -502.5% |
| Growth Volatility | 63.46 |
Realites - Net Assets Trend (2009–2024)
This chart illustrates how Realites's net assets have evolved over time, based on quarterly financial data. Also explore total assets of Realites for the complete picture of this company's asset base.
Annual Net Assets for Realites (2009–2024)
The table below shows the annual net assets of Realites from 2009 to 2024. For live valuation and market cap data, see ALREA market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €-127.98 Million ≈ $-149.62 Million |
-170.80% |
| 2023-12-31 | €180.76 Million ≈ $211.33 Million |
+25.10% |
| 2022-12-31 | €144.50 Million ≈ $168.93 Million |
+30.85% |
| 2021-12-31 | €110.44 Million ≈ $129.11 Million |
+7.46% |
| 2020-12-31 | €102.77 Million ≈ $120.15 Million |
+36.00% |
| 2019-12-31 | €75.57 Million ≈ $88.35 Million |
+43.47% |
| 2018-12-31 | €52.67 Million ≈ $61.58 Million |
-0.92% |
| 2017-12-31 | €53.16 Million ≈ $62.15 Million |
+24.30% |
| 2016-12-31 | €42.77 Million ≈ $50.00 Million |
+34.51% |
| 2015-12-31 | €31.80 Million ≈ $37.17 Million |
+14.44% |
| 2014-12-31 | €27.78 Million ≈ $32.48 Million |
+46.77% |
| 2013-12-31 | €18.93 Million ≈ $22.13 Million |
+18.75% |
| 2012-12-31 | €15.94 Million ≈ $18.64 Million |
+135.95% |
| 2009-12-31 | €6.76 Million ≈ $7.90 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Realites'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 20595.3% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | €31.28 Million | % |
| Other Components | €70.08 Million | % |
| Total Equity | €-127.98 Million | 100.00% |
Realites Competitors by Market Cap
The table below lists competitors of Realites ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Piippo OYJ
HE:PIIPPO
|
$2.18 Million |
|
RIVER TECH EO -005
F:9YQ
|
$2.19 Million |
|
G-Tec Jainx Education Limited
NSE:GTECJAINX
|
$2.19 Million |
|
NOVRA TECHNOLOGIES INC.
F:7CV
|
$2.19 Million |
|
Tantech Holdings Ltd
NASDAQ:TANH
|
$2.18 Million |
|
Mlabs Systems Bhd
KLSE:0085
|
$2.18 Million |
|
Goobit Group AB
ST:BTCX
|
$2.18 Million |
|
Hadasit Bio
TA:HDST
|
$2.17 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Realites's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 126,827,000 to -127,978,000, a change of -254,805,000 (-200.9%).
- Net loss of 205,764,000 reduced equity.
- Dividend payments of 1,821,000 reduced retained earnings.
- Share repurchases of 8,711,000 reduced equity.
- Other comprehensive income decreased equity by 48,070,000.
- Other factors increased equity by 9,561,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-205.76 Million | -160.78% |
| Dividends Paid | €1.82 Million | -1.42% |
| Share Repurchases | €8.71 Million | -6.81% |
| Other Comprehensive Income | €-48.07 Million | -37.56% |
| Other Changes | €9.56 Million | +7.47% |
| Total Change | €- | -200.91% |
Book Value vs Market Value Analysis
This analysis compares Realites'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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2009-12-31 | €3.50 | €0.68 | x |
| 2012-12-31 | €8.04 | €0.68 | x |
| 2013-12-31 | €8.35 | €0.68 | x |
| 2014-12-31 | €10.38 | €0.68 | x |
| 2015-12-31 | €9.97 | €0.68 | x |
| 2016-12-31 | €10.65 | €0.68 | x |
| 2017-12-31 | €12.08 | €0.68 | x |
| 2018-12-31 | €12.80 | €0.68 | x |
| 2019-12-31 | €20.12 | €0.68 | x |
| 2020-12-31 | €21.65 | €0.68 | x |
| 2021-12-31 | €22.59 | €0.68 | x |
| 2022-12-31 | €28.27 | €0.68 | x |
| 2023-12-31 | €27.74 | €0.68 | x |
| 2024-12-31 | €-26.96 | €0.68 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Realites 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): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -95.28%
- • Asset Turnover: 0.28x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is below the historical average (8.89%), 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 | 16.69% | 2.69% | 0.85x | 7.34x | €448.60K |
| 2012 | 0.49% | 0.18% | 0.38x | 7.29x | €-1.46 Million |
| 2013 | 8.39% | 2.39% | 0.58x | 6.09x | €-257.10K |
| 2014 | 4.93% | 1.70% | 0.59x | 4.92x | €-1.23 Million |
| 2015 | 7.83% | 2.32% | 0.66x | 5.09x | €-563.30K |
| 2016 | 10.92% | 3.59% | 0.52x | 5.84x | €253.90K |
| 2017 | 12.45% | 3.03% | 0.71x | 5.82x | €769.40K |
| 2018 | 22.30% | 5.55% | 0.54x | 7.45x | €4.09 Million |
| 2019 | 13.14% | 4.57% | 0.45x | 6.40x | €1.81 Million |
| 2020 | 7.36% | 3.00% | 0.40x | 6.12x | €-2.20 Million |
| 2021 | 9.15% | 2.81% | 0.40x | 8.13x | €-744.70K |
| 2022 | 8.71% | 3.07% | 0.38x | 7.52x | €-1.59 Million |
| 2023 | 2.16% | 0.68% | 0.39x | 8.16x | €-9.94 Million |
| 2024 | 0.00% | -95.28% | 0.28x | 0.00x | €-192.97 Million |
Industry Comparison
This section compares Realites's net assets metrics with peer companies in the Real Estate - Development industry.
Industry Context
- Industry: Real Estate - Development
- Average net assets among peers: $332,202,338
- Average return on equity (ROE) among peers: 10.88%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Realites (ALREA) | €-127.98 Million | 16.69% | N/A | $2.18 Million |
| Capelli SA (ALCAP) | $42.69 Million | 9.30% | 4.32x | $6.75 Million |
| Altareit (AREIT) | $1.00 Billion | 6.93% | 3.20x | $1.04 Billion |
| Bassac (BASS) | $278.97 Million | 10.38% | 1.45x | $834.62 Million |
| Les Constructeurs Du Bois SA (MLLCB) | $5.25 Million | 16.93% | 5.20x | $12.33 Million |
About Realites
Réalités S.A. engages in the real estate development business in France. The company undertakes accommodation, managed residential, offices and tertiary, higher education, health and medico-social services, rehabilitation, and mixed projects. It also provides usage, and off-site and low-carbon construction services. Réalités S.A. was incorporated in 2003 and is headquartered in Saint-Herblain, Fr… Read more