Galimmo SA
Galimmo SCA operates as a real estate company in Europe. It owns, manages, and develops shopping malls. The company was formerly known as C&Co SCA and changed its name to Galimmo SCA in September 2016. Galimmo SCA was incorporated in 1902 and is headquartered in Paris, France.
Galimmo SA (GALIM) - Net Assets
Latest net assets as of June 2024: €468.62 Million EUR
Based on the latest financial reports, Galimmo SA (GALIM) has net assets worth €468.62 Million EUR as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€832.74 Million) and total liabilities (€364.12 Million). 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 | €468.62 Million |
| % of Total Assets | 56.27% |
| Annual Growth Rate | 8.61% |
| 5-Year Change | -6.39% |
| 10-Year Change | 22000.26% |
| Growth Volatility | 3732.12 |
Galimmo SA - Net Assets Trend (2000–2023)
This chart illustrates how Galimmo SA's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Galimmo SA (2000–2023)
The table below shows the annual net assets of Galimmo SA from 2000 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | €484.81 Million | -2.63% |
| 2022-12-31 | €497.89 Million | +5.64% |
| 2021-12-31 | €471.30 Million | +0.67% |
| 2020-12-31 | €468.15 Million | -9.61% |
| 2019-12-31 | €517.93 Million | +5.18% |
| 2018-12-31 | €492.44 Million | +4.63% |
| 2017-12-31 | €470.67 Million | +16.53% |
| 2016-12-31 | €403.89 Million | +18292.08% |
| 2015-12-31 | €2.20 Million | +0.11% |
| 2014-12-31 | €2.19 Million | -0.10% |
| 2013-12-31 | €2.20 Million | -2.44% |
| 2012-12-31 | €2.25 Million | -1.41% |
| 2011-12-31 | €2.28 Million | -3.28% |
| 2010-12-31 | €2.36 Million | -6.61% |
| 2009-12-31 | €2.53 Million | -46.65% |
| 2008-12-31 | €4.74 Million | -74.34% |
| 2007-12-31 | €18.46 Million | -2.12% |
| 2006-12-31 | €18.86 Million | +22.06% |
| 2005-12-31 | €15.46 Million | -15.41% |
| 2004-12-31 | €18.27 Million | -1.34% |
| 2003-12-31 | €18.52 Million | +2.87% |
| 2002-12-31 | €18.00 Million | -2.87% |
| 2001-12-31 | €18.53 Million | -74.47% |
| 2000-12-31 | €72.59 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Galimmo 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 decreased by 121.7% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | €25.96 Million | 5.35% |
| Other Comprehensive Income | €458.86 Million | 94.65% |
| Other Components | €1.31 Million | 0.27% |
| Total Equity | €484.81 Million | 100.00% |
Galimmo SA Competitors by Market Cap
The table below lists competitors of Galimmo SA ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Nanjing Xinjiekou Department Store Co Ltd
SHG:600682
|
$492.92 Million |
|
Zhejiang Tianyu Pharmaceutical Co Ltd
SHE:300702
|
$493.08 Million |
|
Hubeiyichang Transportation Group Co Ltd
SHE:002627
|
$493.16 Million |
|
Puregold Price Club Inc
PINK:PGCMF
|
$493.17 Million |
|
W-SCOPE Corporation
PINK:WSPCF
|
$492.64 Million |
|
Leshan Electric Power Co Ltd
SHG:600644
|
$492.45 Million |
|
CH. Karnchang PCL
BK:CK
|
$492.20 Million |
|
Rocket Internet SE
HM:RKET
|
$492.11 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Galimmo SA's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 497,895,000 to 484,814,000, a change of -13,081,000 (-2.6%).
- Net loss of 1,306,000 reduced equity.
- Dividend payments of 11,880,000 reduced retained earnings.
- New share issuances of 2,000 increased equity.
- Other comprehensive income decreased equity by 13,112,000.
- Other factors increased equity by 13,215,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-1.31 Million | -0.27% |
| Dividends Paid | €11.88 Million | -2.45% |
| Share Issuances | €2.00K | +0.0% |
| Other Comprehensive Income | €-13.11 Million | -2.7% |
| Other Changes | €13.21 Million | +2.73% |
| Total Change | €- | -2.63% |
Book Value vs Market Value Analysis
This analysis compares Galimmo 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: 0.99x
- 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 1.31x to 0.99x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2009-12-31 | €11.36 | €14.83 | x |
| 2010-12-31 | €10.88 | €14.83 | x |
| 2011-12-31 | €10.19 | €14.83 | x |
| 2012-12-31 | €10.04 | €14.83 | x |
| 2013-12-31 | €9.82 | €14.83 | x |
| 2014-12-31 | €9.79 | €14.83 | x |
| 2015-12-31 | €9.80 | €14.83 | x |
| 2016-12-31 | €65.59 | €14.83 | x |
| 2017-12-31 | €18.40 | €14.83 | x |
| 2018-12-31 | €18.43 | €14.83 | x |
| 2019-12-31 | €18.63 | €14.83 | x |
| 2020-12-31 | €16.27 | €14.83 | x |
| 2021-12-31 | €15.74 | €14.83 | x |
| 2022-12-31 | €15.76 | €14.83 | x |
| 2023-12-31 | €14.95 | €14.83 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Galimmo 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): -0.27%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -2.16%
- • Asset Turnover: 0.07x
- • Equity Multiplier: 1.75x
- Recent ROE (-0.27%) is below the historical average (109.91%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2001 | 42.58% | 17535.56% | 0.00x | 1.16x | €6.04 Million |
| 2002 | 1.80% | 720.00% | 0.00x | 1.01x | €-1.48 Million |
| 2003 | 5.96% | 2567.44% | 0.00x | 1.01x | €-747.90K |
| 2005 | 2.50% | 919.05% | 0.00x | 1.05x | €-1.16 Million |
| 2006 | 20.68% | 12587.10% | 0.00x | 1.10x | €2.02 Million |
| 2007 | 0.86% | 0.00% | 0.00x | 1.03x | €-1.69 Million |
| 2008 | 5.76% | 0.00% | 0.00x | 1.13x | €-200.80K |
| 2009 | -3.26% | -121116.18% | 0.00x | 1.22x | €-335.12K |
| 2010 | -1.38% | 0.00% | 0.00x | 1.01x | €-268.62K |
| 2011 | -3.40% | 0.00% | 0.00x | 1.01x | €-305.84K |
| 2012 | -1.43% | 0.00% | 0.00x | 1.01x | €-257.36K |
| 2013 | -2.50% | 0.00% | 0.00x | 1.02x | €-274.59K |
| 2014 | -0.10% | 0.00% | 0.00x | 1.01x | €-221.51K |
| 2015 | 0.11% | 5.37% | 0.02x | 1.01x | €-217.29K |
| 2016 | 2328.52% | 31.09% | 42.62x | 1.76x | €9.36 Billion |
| 2017 | 14.12% | 190.44% | 0.04x | 1.67x | €19.38 Million |
| 2018 | 4.85% | 64.24% | 0.05x | 1.67x | €-25.35 Million |
| 2019 | 4.58% | 56.95% | 0.05x | 1.70x | €-28.07 Million |
| 2020 | -8.11% | -106.27% | 0.04x | 1.74x | €-84.79 Million |
| 2021 | 0.93% | 10.45% | 0.05x | 1.77x | €-42.76 Million |
| 2022 | 5.15% | 57.44% | 0.05x | 1.75x | €-24.13 Million |
| 2023 | -0.27% | -2.16% | 0.07x | 1.75x | €-49.79 Million |
Industry Comparison
This section compares Galimmo 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: $514,565,951
- Average return on equity (ROE) among peers: 3.18%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Galimmo SA (GALIM) | €468.62 Million | 42.58% | 0.78x | $492.75 Million |
| Adomos SA (ALADO) | $64.18 Million | 0.00% | 0.29x | $228.69K |
| Groupimo SA (ALIMO) | $-1.15 Million | 0.00% | 0.00x | $1.90K |
| Stradim Espace Finances SA (ALSAS) | $36.96 Million | 5.85% | 5.32x | $3.04 Million |
| Artea SA (ARTE) | $70.36 Million | 5.68% | 2.41x | $1.22 Million |
| Carpinienne de Participations (CARP) | $11.04 Million | 4.22% | 1.63x | $22.70K |
| CFI-Compagnie Foncière Internationale (CFI) | $-20.00K | 0.00% | 0.00x | $112.00K |
| Courtois S.A (COUR) | $17.20 Million | 4.27% | 1.01x | $1.77 Million |
| Crosswood (CROS) | $21.68 Million | 0.00% | 3.47x | $5.40 Million |
| Eurasia Fonciere Investissements Société Anonyme (EFI) | $29.41 Million | -0.16% | 0.94x | $12.10K |
| Foncière Euris SA (EURS) | $4.90 Billion | 11.97% | 3.52x | $53.10K |