Bassac (BASS) - Net Assets
Based on the latest financial reports, Bassac (BASS) has net assets worth €903.16 Million EUR (≈ $1.06 Billion USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€2.39 Billion ≈ $2.80 Billion USD) and total liabilities (€1.49 Billion ≈ $1.74 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 Bassac tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €903.16 Million |
| % of Total Assets | 37.72% |
| Annual Growth Rate | 10.24% |
| 5-Year Change | 29.73% |
| 10-Year Change | 170.18% |
| Growth Volatility | 5.74 |
Bassac - Net Assets Trend (2008–2025)
This chart illustrates how Bassac's net assets have evolved over time, based on quarterly financial data. See Bassac defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Bassac (2008–2025)
The table below shows the annual net assets of Bassac from 2008 to 2025. For live valuation and market cap data, see Bassac stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | €903.16 Million ≈ $1.06 Billion |
+9.27% |
| 2024-12-31 | €826.56 Million ≈ $966.34 Million |
+7.39% |
| 2023-12-31 | €769.65 Million ≈ $899.80 Million |
+1.58% |
| 2022-12-31 | €757.70 Million ≈ $885.83 Million |
+8.84% |
| 2021-12-31 | €696.18 Million ≈ $813.91 Million |
+21.38% |
| 2020-12-31 | €573.54 Million ≈ $670.53 Million |
+12.54% |
| 2019-12-31 | €509.64 Million ≈ $595.82 Million |
+14.58% |
| 2018-12-31 | €444.79 Million ≈ $520.01 Million |
+15.11% |
| 2017-12-31 | €386.41 Million ≈ $451.75 Million |
+15.59% |
| 2016-12-31 | €334.29 Million ≈ $390.81 Million |
+14.55% |
| 2015-12-31 | €291.84 Million ≈ $341.19 Million |
+4.61% |
| 2014-12-31 | €278.97 Million ≈ $326.15 Million |
+8.65% |
| 2013-12-31 | €256.76 Million ≈ $300.18 Million |
+20.53% |
| 2012-12-31 | €213.02 Million ≈ $249.04 Million |
+2.28% |
| 2011-12-31 | €208.27 Million ≈ $243.48 Million |
+6.08% |
| 2010-12-31 | €196.34 Million ≈ $229.54 Million |
+4.41% |
| 2009-12-31 | €188.04 Million ≈ $219.84 Million |
+9.14% |
| 2008-12-31 | €172.28 Million ≈ $201.42 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Bassac'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 83639300000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €790.85 Million | 91.08% |
| Common Stock | €16.05 Million | 1.85% |
| Other Components | €61.36 Million | 7.07% |
| Total Equity | €868.26 Million | 100.00% |
Bassac Competitors by Market Cap
The table below lists competitors of Bassac ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Huayi Compressor Co Ltd
SHE:000404
|
$768.94 Million |
|
Eastman Kodak Co
NYSE:KODK
|
$769.27 Million |
|
Navient Corp
NASDAQ:NAVI
|
$769.28 Million |
|
Evommune, Inc.
NYSE:EVMN
|
$769.35 Million |
|
HomeTrust Bancshares, Inc.
NYSE:HTB
|
$768.68 Million |
|
Huawen Media Investment Corp
SHE:000793
|
$768.64 Million |
|
Nanjing Cosmos Chemical Co Ltd
SHE:300856
|
$768.47 Million |
|
Beijing UniStrong Science & Technology Co Ltd
SHE:002383
|
$768.12 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Bassac's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 818,034,000 to 868,261,000, a change of 50,227,000 (6.1%).
- Net income of 93,327,000 contributed positively to equity growth.
- Dividend payments of 16,635,000 reduced retained earnings.
- Other comprehensive income decreased equity by 621,793,000.
- Other factors increased equity by 595,328,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €93.33 Million | +10.75% |
| Dividends Paid | €16.64 Million | -1.92% |
| Other Comprehensive Income | €-621.79 Million | -71.61% |
| Other Changes | €595.33 Million | +68.57% |
| Total Change | €- | 6.14% |
Book Value vs Market Value Analysis
This analysis compares Bassac'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: 0.85x
- 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 3.60x to 0.85x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2008-12-31 | €12.35 | €44.50 | x |
| 2009-12-31 | €12.80 | €44.50 | x |
| 2010-12-31 | €13.44 | €44.50 | x |
| 2011-12-31 | €14.03 | €44.50 | x |
| 2012-12-31 | €14.65 | €44.50 | x |
| 2013-12-31 | €16.34 | €44.50 | x |
| 2014-12-31 | €17.04 | €44.50 | x |
| 2015-12-31 | €17.97 | €44.50 | x |
| 2016-12-31 | €20.50 | €44.50 | x |
| 2017-12-31 | €23.76 | €44.50 | x |
| 2018-12-31 | €27.40 | €44.50 | x |
| 2019-12-31 | €31.39 | €44.50 | x |
| 2020-12-31 | €35.31 | €44.50 | x |
| 2021-12-31 | €42.87 | €44.50 | x |
| 2022-12-31 | €46.66 | €44.50 | x |
| 2023-12-31 | €46.93 | €44.50 | x |
| 2024-12-31 | €49.20 | €44.50 | x |
| 2025-12-31 | €52.29 | €44.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Bassac 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): 10.75%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.27%
- • Asset Turnover: 0.62x
- • Equity Multiplier: 2.76x
- Recent ROE (10.75%) is below the historical average (11.01%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | -25.72% | -8.53% | 0.72x | 4.20x | €-61.69 Million |
| 2009 | 5.41% | 1.53% | 0.91x | 3.88x | €-8.45 Million |
| 2010 | 8.21% | 2.96% | 0.93x | 2.99x | €-3.49 Million |
| 2011 | 7.50% | 2.91% | 0.82x | 3.15x | €-5.08 Million |
| 2012 | 9.24% | 3.48% | 0.84x | 3.16x | €-1.65 Million |
| 2013 | 11.03% | 4.64% | 0.89x | 2.68x | €2.62 Million |
| 2014 | 10.60% | 6.16% | 0.69x | 2.50x | €1.64 Million |
| 2015 | 13.57% | 7.73% | 0.65x | 2.72x | €10.28 Million |
| 2016 | 14.44% | 7.18% | 0.69x | 2.93x | €14.61 Million |
| 2017 | 20.37% | 9.20% | 0.76x | 2.93x | €39.53 Million |
| 2018 | 22.43% | 11.71% | 0.70x | 2.74x | €54.63 Million |
| 2019 | 17.47% | 9.30% | 0.78x | 2.40x | €37.57 Million |
| 2020 | 17.63% | 10.13% | 0.78x | 2.23x | €43.24 Million |
| 2021 | 23.04% | 13.10% | 0.74x | 2.38x | €89.72 Million |
| 2022 | 13.67% | 7.89% | 0.61x | 2.83x | €27.47 Million |
| 2023 | 8.49% | 5.00% | 0.58x | 2.94x | €-11.51 Million |
| 2024 | 10.04% | 5.85% | 0.62x | 2.75x | €329.60K |
| 2025 | 10.75% | 6.27% | 0.62x | 2.76x | €6.50 Million |
Industry Comparison
This section compares Bassac's net assets metrics with peer companies in the Real Estate - Development industry.
Industry Context
- Industry: Real Estate - Development
- Average net assets among peers: $33,195,227
- Average return on equity (ROE) among peers: 11.30%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Bassac (BASS) | €903.16 Million | -25.72% | 1.65x | $768.81 Million |
| Capelli SA (ALCAP) | $42.69 Million | 9.30% | 4.32x | $6.75 Million |
| Realites (ALREA) | $75.57 Million | 10.00% | 3.87x | $3.34 Million |
| Altareit (AREIT) | $12.15 Million | 0.00% | 0.88x | $1.04 Billion |
| Les Constructeurs Du Bois SA (MLLCB) | $2.36 Million | 25.91% | 2.96x | $11.72 Million |
About Bassac
BASSAC Société anonyme operates as a real estate development company primarily in France, Belgium, Germany, and Spain. The company offers new housing and commercial real estate, as well as prefabricated garages. BASSAC Société anonyme was incorporated in 1972 and is headquartered in Boulogne-Billancourt, France. BASSAC Société anonyme is a subsidiary of Premier Investissement SAS.