Altarea SCA (ALTA) - Net Assets
Based on the latest financial reports, Altarea SCA (ALTA) has net assets worth €2.96 Billion EUR as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€7.84 Billion) and total liabilities (€4.88 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 | €2.96 Billion |
| % of Total Assets | 37.81% |
| Annual Growth Rate | 30.38% |
| 5-Year Change | 215.69% |
| 10-Year Change | 734.98% |
| Growth Volatility | 114.42 |
Altarea SCA - Net Assets Trend (2004–2024)
This chart illustrates how Altarea SCA's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Altarea SCA (2004–2024)
The table below shows the annual net assets of Altarea SCA from 2004 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €3.16 Billion | -1.76% |
| 2023-12-31 | €3.22 Billion | +181.18% |
| 2022-12-31 | €1.15 Billion | +6.09% |
| 2021-12-31 | €1.08 Billion | +7.73% |
| 2020-12-31 | €1.00 Billion | +9.13% |
| 2019-12-31 | €918.10 Million | +9.52% |
| 2018-12-31 | €838.30 Million | +66.89% |
| 2017-12-31 | €502.30 Million | +20.89% |
| 2016-12-31 | €415.50 Million | +9.69% |
| 2015-12-31 | €378.80 Million | -0.37% |
| 2014-12-31 | €380.20 Million | +26.90% |
| 2013-12-31 | €299.60 Million | +6.28% |
| 2012-12-31 | €281.90 Million | -5.18% |
| 2011-12-31 | €297.30 Million | +52.26% |
| 2010-12-31 | €195.25 Million | +0.81% |
| 2009-12-31 | €193.68 Million | +46.67% |
| 2008-12-31 | €132.06 Million | +278.84% |
| 2007-12-31 | €-73.84 Million | -451.75% |
| 2006-12-31 | €20.99 Million | +3.52% |
| 2005-12-31 | €20.28 Million | +29.12% |
| 2004-12-31 | €15.71 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Altarea SCA'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 20.5% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €6.10 Million | 0.36% |
| Common Stock | €334.60 Million | 19.75% |
| Other Comprehensive Income | €1.02 Billion | 60.41% |
| Other Components | €330.00 Million | 19.48% |
| Total Equity | €1.69 Billion | 100.00% |
Altarea SCA Competitors by Market Cap
The table below lists competitors of Altarea SCA ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
LIXIL Corporation
F:TJS
|
$2.84 Billion |
|
RP Optical Lab Ltd
TA:RPOL
|
$2.84 Billion |
|
Spyre Therapeutics Inc.
NASDAQ:SYRE
|
$2.84 Billion |
|
Guangxi Liugong Machinery Co Ltd
SHE:000528
|
$2.84 Billion |
|
Haemonetics Corporation
NYSE:HAE
|
$2.84 Billion |
|
Corporativo Fragua S.A.B. de C.V
MX:FRAGUAB
|
$2.84 Billion |
|
Motherson Sumi Wiring India Limited
NSE:MSUMI
|
$2.83 Billion |
|
Shanghai Tunnel Engineering Co Ltd
SHG:600820
|
$2.83 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Altarea SCA's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,747,500,000 to 1,694,300,000, a change of -53,200,000 (-3.0%).
- Net income of 6,100,000 contributed positively to equity growth.
- Dividend payments of 168,900,000 reduced retained earnings.
- Share repurchases of 1,000,000 reduced equity.
- New share issuances of 92,000,000 increased equity.
- Other comprehensive income decreased equity by 474,500,001.
- Other factors increased equity by 493,100,001.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €6.10 Million | +0.36% |
| Dividends Paid | €168.90 Million | -9.97% |
| Share Repurchases | €1.00 Million | -0.06% |
| Share Issuances | €92.00 Million | +5.43% |
| Other Comprehensive Income | €-474.50 Million | -28.01% |
| Other Changes | €493.10 Million | +29.1% |
| Total Change | €- | -3.04% |
Book Value vs Market Value Analysis
This analysis compares Altarea SCA'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: 1.55x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 8.44x to 1.55x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2004-12-31 | €14.31 | €120.80 | x |
| 2005-12-31 | €18.49 | €120.80 | x |
| 2006-12-31 | €19.14 | €120.80 | x |
| 2007-12-31 | €-68.94 | €120.80 | x |
| 2008-12-31 | €117.62 | €120.80 | x |
| 2009-12-31 | €137.44 | €120.80 | x |
| 2010-12-31 | €111.07 | €120.80 | x |
| 2011-12-31 | €126.57 | €120.80 | x |
| 2012-12-31 | €152.12 | €120.80 | x |
| 2013-12-31 | €163.65 | €120.80 | x |
| 2014-12-31 | €210.10 | €120.80 | x |
| 2015-12-31 | €207.70 | €120.80 | x |
| 2016-12-31 | €232.86 | €120.80 | x |
| 2017-12-31 | €278.98 | €120.80 | x |
| 2018-12-31 | €459.20 | €120.80 | x |
| 2019-12-31 | €503.86 | €120.80 | x |
| 2020-12-31 | €543.24 | €120.80 | x |
| 2021-12-31 | €1278.97 | €120.80 | x |
| 2022-12-31 | €629.14 | €120.80 | x |
| 2023-12-31 | €83.13 | €120.80 | x |
| 2024-12-31 | €77.75 | €120.80 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Altarea SCA 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): 0.36%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.23%
- • Asset Turnover: 0.32x
- • Equity Multiplier: 4.96x
- Recent ROE (0.36%) is below the historical average (2.51%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | 5.59% | 1.77% | 2.02x | 1.56x | €-691.30K |
| 2005 | 7.23% | 2.87% | 1.67x | 1.51x | €-561.27K |
| 2006 | 6.05% | 2.50% | 1.61x | 1.50x | €-828.90K |
| 2007 | 0.00% | -28.53% | 0.26x | 0.00x | €-86.24 Million |
| 2008 | -106.03% | -18.42% | 0.62x | 9.31x | €-149.54 Million |
| 2009 | -7.10% | -1.95% | 0.63x | 5.83x | €-32.73 Million |
| 2010 | 2.06% | 0.62% | 0.47x | 7.19x | €-15.43 Million |
| 2011 | 19.14% | 4.62% | 0.58x | 7.19x | €20.25 Million |
| 2012 | 19.13% | 4.79% | 0.65x | 6.12x | €24.29 Million |
| 2013 | 7.10% | 2.05% | 0.65x | 5.32x | €-8.31 Million |
| 2014 | 21.94% | 9.03% | 0.54x | 4.54x | €43.87 Million |
| 2015 | 17.74% | 5.94% | 0.59x | 5.04x | €28.09 Million |
| 2016 | 9.70% | 2.68% | 0.65x | 5.53x | €-1.21 Million |
| 2017 | 16.30% | 4.22% | 0.64x | 6.06x | €30.72 Million |
| 2018 | 33.98% | 11.60% | 0.77x | 3.78x | €192.51 Million |
| 2019 | 9.19% | 2.81% | 0.78x | 4.18x | €-7.10 Million |
| 2020 | 7.31% | 2.26% | 0.73x | 4.43x | €-25.58 Million |
| 2021 | 3.23% | 2.57% | 0.63x | 2.01x | €-151.42 Million |
| 2022 | 6.76% | 2.46% | 0.71x | 3.89x | €-35.60 Million |
| 2023 | -27.06% | -17.42% | 0.33x | 4.77x | €-647.65 Million |
| 2024 | 0.36% | 0.23% | 0.32x | 4.96x | €-163.33 Million |
Industry Comparison
This section compares Altarea SCA's net assets metrics with peer companies in the REIT - Residential industry.
Industry Context
- Industry: REIT - Residential
- Average net assets among peers: $24,382,000
- Average return on equity (ROE) among peers: -11.73%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Altarea SCA (ALTA) | €2.96 Billion | 5.59% | 1.64x | $2.84 Billion |
| Alliance Developpement Capital SIIC SE (ALDV) | $24.38 Million | -11.73% | 1.36x | $8.49 Million |
About Altarea SCA
Altarea is the French leader in low-carbon urban transformation, offering the most comprehensive real estate services of the City and its stakeholders. The Group has for each of its activities all the know-how and brands recognized brands to design, develop, market, and manage tailor-made real estate products. Altarea is listed on compartment A of Euronext Paris.