Immobiliere Dassault SA (IMDA) - Net Assets
Based on the latest financial reports, Immobiliere Dassault SA (IMDA) has net assets worth €639.50 Million EUR (≈ $747.65 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 (€994.83 Million ≈ $1.16 Billion USD) and total liabilities (€355.32 Million ≈ $415.41 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 Immobiliere Dassault SA (IMDA) tangible net worth to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €639.50 Million |
| % of Total Assets | 64.28% |
| Annual Growth Rate | 15.2% |
| 5-Year Change | 8.31% |
| 10-Year Change | 88.96% |
| Growth Volatility | 39.44 |
Immobiliere Dassault SA - Net Assets Trend (2004–2025)
This chart illustrates how Immobiliere Dassault SA's net assets have evolved over time, based on quarterly financial data. See operational self-sufficiency of Immobiliere Dassault SA to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Immobiliere Dassault SA (2004–2025)
The table below shows the annual net assets of Immobiliere Dassault SA from 2004 to 2025. For live valuation and market cap data, see IMDA market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | €639.50 Million ≈ $747.65 Million |
+6.46% |
| 2024-12-31 | €600.72 Million ≈ $702.31 Million |
+2.22% |
| 2023-12-31 | €587.65 Million ≈ $687.03 Million |
-6.09% |
| 2022-12-31 | €625.78 Million ≈ $731.60 Million |
+5.99% |
| 2021-12-31 | €590.41 Million ≈ $690.25 Million |
+12.57% |
| 2020-12-31 | €524.48 Million ≈ $613.17 Million |
+17.66% |
| 2019-12-31 | €445.77 Million ≈ $521.15 Million |
+17.80% |
| 2018-12-31 | €378.43 Million ≈ $442.42 Million |
+6.58% |
| 2017-12-31 | €355.05 Million ≈ $415.09 Million |
+4.91% |
| 2016-12-31 | €338.43 Million ≈ $395.66 Million |
+9.05% |
| 2015-12-31 | €310.35 Million ≈ $362.83 Million |
+10.83% |
| 2014-12-31 | €280.03 Million ≈ $327.39 Million |
+145.96% |
| 2013-12-31 | €113.85 Million ≈ $133.10 Million |
-7.45% |
| 2012-12-31 | €123.02 Million ≈ $143.82 Million |
+11.34% |
| 2011-12-31 | €110.49 Million ≈ $129.18 Million |
+13.84% |
| 2010-12-31 | €97.06 Million ≈ $113.47 Million |
+41.21% |
| 2009-12-31 | €68.73 Million ≈ $80.35 Million |
+0.95% |
| 2008-12-31 | €68.08 Million ≈ $79.60 Million |
-7.70% |
| 2007-12-31 | €73.76 Million ≈ $86.24 Million |
-1.70% |
| 2006-12-31 | €75.04 Million ≈ $87.72 Million |
+127.06% |
| 2005-12-31 | €33.05 Million ≈ $38.63 Million |
+0.79% |
| 2004-12-31 | €32.79 Million ≈ $38.33 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 83619.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €493.50 Million | 77.61% |
| Common Stock | €46.00 Million | 7.23% |
| Other Components | €96.36 Million | 15.15% |
| Total Equity | €635.87 Million | 100.00% |
Immobiliere Dassault SA Competitors by Market Cap
The table below lists competitors of Immobiliere Dassault SA ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Jilin Gpro Titanium Industry Co Ltd
SHE:000545
|
$376.90 Million |
|
Lanner Electronics
TWO:6245
|
$376.91 Million |
|
Guangzhou Devotion Therm Tech
SHE:300335
|
$376.93 Million |
|
Sonmez Pamuklu Sanayii AS
IS:SNPAM
|
$377.16 Million |
|
CellaVision AB
ST:CEVI
|
$376.81 Million |
|
Liaoning He Eye Hospital Group Co. LTD.
SHE:301103
|
$376.69 Million |
|
Beijing Hezong Science&Technology Co Ltd
SHE:300477
|
$376.49 Million |
|
Shenzhen Ridge Engineering Consulting Co. Ltd.
SHE:300977
|
$376.46 Million |
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 2024 to 2025, total equity changed from 596,831,000 to 635,872,000, a change of 39,041,000 (6.5%).
- Net income of 28,273,000 contributed positively to equity growth.
- Dividend payments of 14,252,000 reduced retained earnings.
- New share issuances of 25,094,000 increased equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €28.27 Million | +4.45% |
| Dividends Paid | €14.25 Million | -2.24% |
| Share Issuances | €25.09 Million | +3.95% |
| Other Changes | €-74.00K | -0.01% |
| Total Change | €- | 6.54% |
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 9.97x 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 | €49.00 | x |
| 2005-12-31 | €4.95 | €49.00 | x |
| 2006-12-31 | €11.24 | €49.00 | x |
| 2007-12-31 | €12.94 | €49.00 | x |
| 2008-12-31 | €14.40 | €49.00 | x |
| 2009-12-31 | €14.54 | €49.00 | x |
| 2010-12-31 | €16.05 | €49.00 | x |
| 2011-12-31 | €18.27 | €49.00 | x |
| 2012-12-31 | €20.34 | €49.00 | x |
| 2013-12-31 | €18.84 | €49.00 | x |
| 2014-12-31 | €44.07 | €49.00 | x |
| 2015-12-31 | €48.24 | €49.00 | x |
| 2016-12-31 | €52.25 | €49.00 | x |
| 2017-12-31 | €54.39 | €49.00 | x |
| 2018-12-31 | €57.49 | €49.00 | x |
| 2019-12-31 | €62.70 | €49.00 | x |
| 2020-12-31 | €77.36 | €49.00 | x |
| 2021-12-31 | €87.17 | €49.00 | x |
| 2022-12-31 | €92.39 | €49.00 | x |
| 2023-12-31 | €85.82 | €49.00 | x |
| 2024-12-31 | €87.12 | €49.00 | x |
| 2025-12-31 | €84.37 | €49.00 | 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): 4.45%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 81.97%
- • Asset Turnover: 0.03x
- • Equity Multiplier: 1.56x
- Recent ROE (4.45%) is below the historical average (5.93%), 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 |
| 2025 | 4.45% | 81.97% | 0.03x | 1.56x | €-35.31 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: $2,902,622,250
- Average return on equity (ROE) among peers: 9.72%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Immobiliere Dassault SA (IMDA) | €639.50 Million | 1.48% | 0.56x | $376.86 Million |
| Soc Centrale Bois Scieries Manche SA (CBSM) | $130.82 Million | 6.22% | 1.52x | $133.68 Million |
| Covivio SA (COV) | $11.36 Billion | 6.60% | 1.15x | $6.50 Billion |
| Icade SA (ICAD) | $66.79 Million | 9.30% | 3.37x | $1.59 Billion |
| Groupe Partouche SA (PAR) | $54.46 Million | 16.76% | 0.93x | $44.29 Million |
About Immobiliere Dassault SA
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.