Immobiliere Dassault SA

PA:IMDA France REIT - Diversified
Market Cap
$393.03 Million
€382.89 Million EUR
Market Cap Rank
#23371 Global
#193 in France
Share Price
€50.80
Change (1 day)
+0.40%
52-Week Range
€48.40 - €58.00
All Time High
€84.25
About

Immobiliere Dassault SA, a real estate company, owns and manages offices and retail real estate assets in France. The company was incorporated in 1975 and is based in Paris, France.

Immobiliere Dassault SA (IMDA) - Net Assets

Latest net assets as of June 2025: €605.83 Million EUR

Based on the latest financial reports, Immobiliere Dassault SA (IMDA) has net assets worth €605.83 Million EUR as of June 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€897.96 Million) and total liabilities (€292.13 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 €605.83 Million
% of Total Assets 67.47%
Annual Growth Rate 15.65%
5-Year Change 14.54%
10-Year Change 93.57%
Growth Volatility 40.3

Immobiliere Dassault SA - Net Assets Trend (2004–2024)

This chart illustrates how Immobiliere Dassault 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 Immobiliere Dassault SA (2004–2024)

The table below shows the annual net assets of Immobiliere Dassault SA from 2004 to 2024.

Year Net Assets Change
2024-12-31 €600.72 Million +2.22%
2023-12-31 €587.65 Million -6.09%
2022-12-31 €625.78 Million +5.99%
2021-12-31 €590.41 Million +12.57%
2020-12-31 €524.48 Million +17.66%
2019-12-31 €445.77 Million +17.80%
2018-12-31 €378.43 Million +6.58%
2017-12-31 €355.05 Million +4.91%
2016-12-31 €338.43 Million +9.05%
2015-12-31 €310.35 Million +10.83%
2014-12-31 €280.03 Million +145.96%
2013-12-31 €113.85 Million -7.45%
2012-12-31 €123.02 Million +11.34%
2011-12-31 €110.49 Million +13.84%
2010-12-31 €97.06 Million +41.21%
2009-12-31 €68.73 Million +0.95%
2008-12-31 €68.08 Million -7.70%
2007-12-31 €73.76 Million -1.70%
2006-12-31 €75.04 Million +127.06%
2005-12-31 €33.05 Million +0.79%
2004-12-31 €32.79 Million --

Equity Component Analysis

This analysis shows how different components contribute to Immobiliere Dassault 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 81168.6% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings €479.06 Million 80.27%
Common Stock €41.82 Million 7.01%
Other Components €75.95 Million 12.73%
Total Equity €596.83 Million 100.00%

Immobiliere Dassault SA Competitors by Market Cap

The table below lists competitors of Immobiliere Dassault SA ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Immobiliere Dassault SA's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 583,414,000 to 596,831,000, a change of 13,417,000 (2.3%).
  • Net income of 27,300,000 contributed positively to equity growth.
  • Dividend payments of 13,770,000 reduced retained earnings.
  • New share issuances of 6,000 increased equity.
  • Other comprehensive income decreased equity by 465,508,999.
  • Other factors increased equity by 465,389,999.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income €27.30 Million +4.57%
Dividends Paid €13.77 Million -2.31%
Share Issuances €6.00K +0.0%
Other Comprehensive Income €-465.51 Million -78.0%
Other Changes €465.39 Million +77.98%
Total Change €- 2.30%

Book Value vs Market Value Analysis

This analysis compares Immobiliere Dassault 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: 0.58x
  • 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 10.34x to 0.58x 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 €4.91 €50.80 x
2005-12-31 €4.95 €50.80 x
2006-12-31 €11.24 €50.80 x
2007-12-31 €12.94 €50.80 x
2008-12-31 €14.40 €50.80 x
2009-12-31 €14.54 €50.80 x
2010-12-31 €16.05 €50.80 x
2011-12-31 €18.27 €50.80 x
2012-12-31 €20.34 €50.80 x
2013-12-31 €18.84 €50.80 x
2014-12-31 €44.07 €50.80 x
2015-12-31 €48.24 €50.80 x
2016-12-31 €52.25 €50.80 x
2017-12-31 €54.39 €50.80 x
2018-12-31 €57.49 €50.80 x
2019-12-31 €62.70 €50.80 x
2020-12-31 €77.36 €50.80 x
2021-12-31 €87.17 €50.80 x
2022-12-31 €92.39 €50.80 x
2023-12-31 €85.82 €50.80 x
2024-12-31 €87.12 €50.80 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Immobiliere Dassault 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): 4.57%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 90.81%
  • • Asset Turnover: 0.03x
  • • Equity Multiplier: 1.48x
  • Recent ROE (4.57%) is below the historical average (6.00%), 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 1.48% 14.59% 0.08x 1.35x €-2.79 Million
2005 0.78% 8.25% 0.07x 1.28x €-3.05 Million
2006 1.08% 16.72% 0.06x 1.07x €-6.69 Million
2007 -1.53% -14.45% 0.07x 1.51x €-8.51 Million
2008 -7.07% -56.16% 0.08x 1.51x €-11.62 Million
2009 2.20% 17.72% 0.09x 1.44x €-5.36 Million
2010 3.86% 36.66% 0.05x 2.01x €-5.96 Million
2011 13.80% 97.54% 0.07x 1.92x €4.20 Million
2012 14.11% 116.61% 0.08x 1.57x €5.06 Million
2013 -0.43% -3.44% 0.08x 1.65x €-11.87 Million
2014 6.26% 145.14% 0.03x 1.54x €-9.95 Million
2015 12.06% 232.73% 0.04x 1.41x €6.05 Million
2016 11.84% 240.37% 0.04x 1.36x €5.97 Million
2017 8.25% 174.89% 0.03x 1.44x €-6.05 Million
2018 7.97% 199.57% 0.02x 1.80x €-7.61 Million
2019 10.49% 209.22% 0.03x 1.72x €2.04 Million
2020 21.28% 543.80% 0.02x 1.58x €58.72 Million
2021 12.39% 282.97% 0.03x 1.46x €14.04 Million
2022 7.05% 169.07% 0.03x 1.43x €-18.34 Million
2023 -4.48% -93.56% 0.03x 1.47x €-84.45 Million
2024 4.57% 90.81% 0.03x 1.48x €-32.38 Million

Industry Comparison

This section compares Immobiliere Dassault SA's net assets metrics with peer companies in the REIT - Diversified industry.

Industry Context

  • Industry: REIT - Diversified
  • Average net assets among peers: $38,696,711
  • Average return on equity (ROE) among peers: 13.24%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Immobiliere Dassault SA (IMDA) €605.83 Million 1.48% 0.48x $31.66 Million
Atland S.A. (ATLD) $24.16 Million 6.00% 3.33x $71.09 Million
Soc Centrale Bois Scieries Manche SA (CBSM) $65.64 Million 33.61% 3.90x $29.49 Million
OK Business Properties SOCIMI S.A. (MLOKP) $26.28 Million 0.12% 1.60x $108.38K