Stradim Espace Finances SA (ALSAS) - Net Assets
Based on the latest financial reports, Stradim Espace Finances SA (ALSAS) has net assets worth €38.16 Million EUR (≈ $44.62 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€236.68 Million ≈ $276.70 Million USD) and total liabilities (€198.52 Million ≈ $232.09 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 Stradim Espace Finances SA tangible equity quality to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €38.16 Million |
| % of Total Assets | 16.12% |
| Annual Growth Rate | 11.36% |
| 5-Year Change | 24.01% |
| 10-Year Change | 90.91% |
| Growth Volatility | 12.26 |
Stradim Espace Finances SA - Net Assets Trend (2005–2025)
This chart illustrates how Stradim Espace Finances SA's net assets have evolved over time, based on quarterly financial data. See defensive interval ratio of Stradim Espace Finances SA to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Stradim Espace Finances SA (2005–2025)
The table below shows the annual net assets of Stradim Espace Finances SA from 2005 to 2025. For live valuation and market cap data, see ALSAS company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | €38.16 Million ≈ $44.62 Million |
+3.26% |
| 2024-12-31 | €36.96 Million ≈ $43.20 Million |
+3.10% |
| 2023-12-31 | €35.85 Million ≈ $41.91 Million |
+4.21% |
| 2022-12-31 | €34.40 Million ≈ $40.21 Million |
+11.78% |
| 2021-12-31 | €30.77 Million ≈ $35.98 Million |
+11.17% |
| 2020-12-31 | €27.68 Million ≈ $32.36 Million |
+10.91% |
| 2019-12-31 | €24.96 Million ≈ $29.18 Million |
+7.70% |
| 2018-12-31 | €23.17 Million ≈ $27.09 Million |
+6.82% |
| 2017-12-31 | €21.69 Million ≈ $25.36 Million |
+8.52% |
| 2016-12-31 | €19.99 Million ≈ $23.37 Million |
+11.44% |
| 2015-12-31 | €17.94 Million ≈ $20.97 Million |
+5.55% |
| 2014-12-31 | €16.99 Million ≈ $19.87 Million |
-0.35% |
| 2013-12-31 | €17.05 Million ≈ $19.94 Million |
+5.27% |
| 2012-12-31 | €16.20 Million ≈ $18.94 Million |
+12.63% |
| 2011-12-31 | €14.38 Million ≈ $16.81 Million |
+17.57% |
| 2010-12-31 | €12.23 Million ≈ $14.30 Million |
+29.34% |
| 2009-12-31 | €9.46 Million ≈ $11.06 Million |
+4.88% |
| 2008-12-31 | €9.02 Million ≈ $10.54 Million |
+1.32% |
| 2007-12-31 | €8.90 Million ≈ $10.41 Million |
+32.12% |
| 2006-12-31 | €6.74 Million ≈ $7.88 Million |
+51.84% |
| 2005-12-31 | €4.44 Million ≈ $5.19 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Stradim Espace Finances SA'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 23.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €1.70 Million | 4.47% |
| Common Stock | €12.00 Million | 31.56% |
| Other Comprehensive Income | €26.03 Million | 68.44% |
| Total Equity | €38.03 Million | 100.00% |
Stradim Espace Finances SA Competitors by Market Cap
The table below lists competitors of Stradim Espace Finances SA ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Scodix Ltd
TA:SCDX
|
$15.48 Million |
|
VAIV Co. Inc.
KQ:301300
|
$15.49 Million |
|
Opthea Ltd
AU:OPT
|
$15.49 Million |
|
Macompta Fr Sa
PA:MLMCA
|
$15.50 Million |
|
JPMorgan Japanese Investment Trust
LSE:JFJ
|
$15.47 Million |
|
Giga Media Ltd
NASDAQ:GIGM
|
$15.47 Million |
|
Imaspro Corporation Bhd
KLSE:7222
|
$15.47 Million |
|
Crescent NV
BR:OPTI
|
$15.46 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Stradim Espace Finances SA's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 36,645,274 to 38,027,674, a change of 1,382,400 (3.8%).
- Net income of 1,701,186 contributed positively to equity growth.
- Dividend payments of 310,000 reduced retained earnings.
- Other comprehensive income increased equity by 3,251,718.
- Other factors decreased equity by 3,260,504.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €1.70 Million | +4.47% |
| Dividends Paid | €310.00K | -0.82% |
| Other Comprehensive Income | €3.25 Million | +8.55% |
| Other Changes | €-3.26 Million | -8.57% |
| Total Change | €- | 3.77% |
Book Value vs Market Value Analysis
This analysis compares Stradim Espace Finances SA'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: 0.40x
- 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 decreased from 0.86x to 0.40x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2007-12-31 | €5.17 | €4.46 | x |
| 2008-12-31 | €2.61 | €4.46 | x |
| 2009-12-31 | €2.77 | €4.46 | x |
| 2012-12-31 | €4.71 | €4.46 | x |
| 2013-12-31 | €4.95 | €4.46 | x |
| 2014-12-31 | €4.94 | €4.46 | x |
| 2015-12-31 | €5.21 | €4.46 | x |
| 2016-12-31 | €5.81 | €4.46 | x |
| 2017-12-31 | €6.30 | €4.46 | x |
| 2018-12-31 | €6.73 | €4.46 | x |
| 2019-12-31 | €7.22 | €4.46 | x |
| 2020-12-31 | €8.05 | €4.46 | x |
| 2021-12-31 | €8.86 | €4.46 | x |
| 2022-12-31 | €9.65 | €4.46 | x |
| 2023-12-31 | €10.29 | €4.46 | x |
| 2024-12-31 | €9.29 | €4.46 | x |
| 2025-12-31 | €11.06 | €4.46 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Stradim Espace Finances SA 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): 4.47%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.51%
- • Asset Turnover: 0.48x
- • Equity Multiplier: 6.22x
- Recent ROE (4.47%) is below the historical average (15.35%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 31.17% | 2.87% | 0.83x | 13.12x | €937.20K |
| 2006 | 43.08% | 5.41% | 0.69x | 11.60x | €2.23 Million |
| 2007 | 39.35% | 6.48% | 0.58x | 10.53x | €2.61 Million |
| 2008 | 11.11% | 2.07% | 0.47x | 11.41x | €100.42K |
| 2009 | 8.48% | 1.34% | 0.56x | 11.29x | €-143.93K |
| 2010 | 25.52% | 4.45% | 0.56x | 10.30x | €1.90 Million |
| 2011 | 20.94% | 3.82% | 0.51x | 10.74x | €1.57 Million |
| 2012 | 17.62% | 3.61% | 0.50x | 9.76x | €1.23 Million |
| 2013 | 12.35% | 2.66% | 0.60x | 7.79x | €400.13K |
| 2014 | 3.70% | 1.00% | 0.47x | 7.84x | €-1.07 Million |
| 2015 | 7.04% | 1.73% | 0.56x | 7.31x | €-530.04K |
| 2016 | 13.03% | 3.21% | 0.56x | 7.20x | €605.34K |
| 2017 | 12.51% | 3.16% | 0.56x | 7.06x | €543.63K |
| 2018 | 10.39% | 3.20% | 0.41x | 7.99x | €89.69K |
| 2019 | 10.56% | 2.96% | 0.43x | 8.34x | €139.40K |
| 2020 | 10.29% | 2.75% | 0.43x | 8.67x | €80.19K |
| 2021 | 12.76% | 2.76% | 0.57x | 8.13x | €841.56K |
| 2022 | 12.14% | 2.51% | 0.57x | 8.49x | €709.02K |
| 2023 | 9.97% | 2.61% | 0.55x | 6.90x | €-9.34K |
| 2024 | 5.90% | 1.83% | 0.51x | 6.37x | €-1.50 Million |
| 2025 | 4.47% | 1.51% | 0.48x | 6.22x | €-2.10 Million |
Industry Comparison
This section compares Stradim Espace Finances SA's net assets metrics with peer companies in the Real Estate Services industry.
Industry Context
- Industry: Real Estate Services
- Average net assets among peers: $1,545,586,778
- Average return on equity (ROE) among peers: 3.63%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Stradim Espace Finances SA (ALSAS) | €38.16 Million | 31.17% | 5.20x | $15.48 Million |
| Adomos SA (ALADO) | $15.89 Million | -13.20% | 0.45x | $36.47K |
| Groupimo SA (ALIMO) | $-3.00 Million | 0.00% | 0.00x | $490.57K |
| Artea SA (ARTE) | $93.30 Million | 10.93% | 2.93x | $30.16 Million |
| CFI-Compagnie Foncière Internationale (CFI) | $-91.00K | 0.00% | 0.00x | $1.57 Million |
| Courtois S.A (COUR) | $15.44 Million | 17.82% | 1.08x | $8.32 Million |
| Crosswood (CROS) | $65.16 Million | -0.98% | 0.40x | $111.65 Million |
| Eurasia Fonciere Investissements Société Anonyme (EFI) | $129.00K | 22.48% | 57.76x | $8.98 Million |
| Foncière Euris SA (EURS) | $13.66 Billion | 0.01% | 2.48x | $1.49 Million |
| FIPP S.A. (FIPP) | $61.45 Million | -4.43% | 0.35x | $13.61 Million |
About Stradim Espace Finances SA
Stradim Espace Finances SA develops real estate properties in France. It designs, builds, and markets new homes and apartments; operates and leases business premises and offices; and buys land. The company was incorporated in 1990 and is headquartered in Entzheim, France. Stradim Espace Finances SA operates as a subsidiary of AST Groupe.