Fiducial Real Estate SA
Fiducial Real Estate SA operates and manages real estate properties in France. The company is also involved in the rental of investment properties. Its property portfolio includes office, business, and residential buildings. The company was incorporated in 1955 and is headquartered in Courbevoie, France.
Fiducial Real Estate SA (ORIA) - Net Assets
Latest net assets as of March 2025: €442.85 Million EUR
Based on the latest financial reports, Fiducial Real Estate SA (ORIA) has net assets worth €442.85 Million EUR as of March 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€719.90 Million) and total liabilities (€277.05 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 | €442.85 Million |
| % of Total Assets | 61.52% |
| Annual Growth Rate | 6.75% |
| 5-Year Change | 29.61% |
| 10-Year Change | 86.22% |
| Growth Volatility | 1.81 |
Fiducial Real Estate SA - Net Assets Trend (2009–2024)
This chart illustrates how Fiducial Real Estate 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 Fiducial Real Estate SA (2009–2024)
The table below shows the annual net assets of Fiducial Real Estate SA from 2009 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-09-30 | €505.73 Million | +4.38% |
| 2023-09-30 | €484.49 Million | +4.77% |
| 2022-09-30 | €462.43 Million | +9.69% |
| 2021-09-30 | €421.59 Million | +8.05% |
| 2020-09-30 | €390.19 Million | +7.24% |
| 2019-09-30 | €363.84 Million | +7.35% |
| 2018-09-30 | €338.92 Million | +7.67% |
| 2017-09-30 | €314.77 Million | +7.35% |
| 2016-09-30 | €293.21 Million | +7.97% |
| 2015-09-30 | €271.57 Million | +9.10% |
| 2014-09-30 | €248.91 Million | +5.00% |
| 2013-09-30 | €237.06 Million | +8.37% |
| 2012-09-30 | €218.75 Million | +3.68% |
| 2011-09-30 | €210.98 Million | +6.42% |
| 2010-09-30 | €198.25 Million | +4.42% |
| 2009-09-30 | €189.87 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Fiducial Real Estate 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 46.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (September 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €32.54 Million | 6.45% |
| Common Stock | €25.00 Million | 4.96% |
| Other Comprehensive Income | €446.63 Million | 88.59% |
| Total Equity | €504.17 Million | 100.00% |
Fiducial Real Estate SA Competitors by Market Cap
The table below lists competitors of Fiducial Real Estate SA ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Finebesteel
KO:133820
|
$20.82 Million |
|
MaxsMaking Inc. Class A Ordinary Shares
NASDAQ:MAMK
|
$20.82 Million |
|
Daewoo Elec Co
KO:009320
|
$20.82 Million |
|
Integrated Solutions Technology, Inc.
TWO:6927
|
$20.83 Million |
|
Damsan JSC
VN:ADS
|
$20.81 Million |
|
Genesis Scale Holdings Limited
F:92N0
|
$20.79 Million |
|
GenSight Biologics S.A
PINK:GSGTF
|
$20.78 Million |
|
Companhiade Eletricidade do Estado da Bahia - COELBA
SA:CEEB3
|
$20.78 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Fiducial Real Estate SA's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 482,964,000 to 504,167,000, a change of 21,203,000 (4.4%).
- Net income of 32,540,000 contributed positively to equity growth.
- Dividend payments of 7,967,000 reduced retained earnings.
- Other comprehensive income increased equity by 20,745,000.
- Other factors decreased equity by 24,115,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €32.54 Million | +6.45% |
| Dividends Paid | €7.97 Million | -1.58% |
| Other Comprehensive Income | €20.75 Million | +4.11% |
| Other Changes | €-24.11 Million | -4.78% |
| Total Change | €- | 4.39% |
Book Value vs Market Value Analysis
This analysis compares Fiducial Real Estate 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: 0.80x
- 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 2.15x to 0.80x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2009-09-30 | €78.12 | €168.00 | x |
| 2010-09-30 | €81.60 | €168.00 | x |
| 2011-09-30 | €86.87 | €168.00 | x |
| 2012-09-30 | €90.09 | €168.00 | x |
| 2013-09-30 | €98.94 | €168.00 | x |
| 2014-09-30 | €103.22 | €168.00 | x |
| 2015-09-30 | €112.67 | €168.00 | x |
| 2016-09-30 | €121.47 | €168.00 | x |
| 2017-09-30 | €130.54 | €168.00 | x |
| 2018-09-30 | €140.46 | €168.00 | x |
| 2019-09-30 | €150.10 | €168.00 | x |
| 2020-09-30 | €161.01 | €168.00 | x |
| 2021-09-30 | €174.01 | €168.00 | x |
| 2022-09-30 | €190.93 | €168.00 | x |
| 2023-09-30 | €200.07 | €168.00 | x |
| 2024-09-30 | €208.85 | €168.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Fiducial Real Estate 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): 6.45%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 37.62%
- • Asset Turnover: 0.12x
- • Equity Multiplier: 1.42x
- Recent ROE (6.45%) is below the historical average (7.29%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2009 | 11.36% | 57.64% | 0.09x | 2.20x | €2.57 Million |
| 2010 | 5.81% | 27.73% | 0.09x | 2.24x | €-8.25 Million |
| 2011 | 6.22% | 28.31% | 0.10x | 2.27x | €-7.92 Million |
| 2012 | 6.71% | 27.58% | 0.08x | 2.89x | €-7.15 Million |
| 2013 | 6.43% | 24.02% | 0.10x | 2.67x | €-8.42 Million |
| 2014 | 7.01% | 26.57% | 0.10x | 2.58x | €-7.39 Million |
| 2015 | 8.03% | 32.57% | 0.10x | 2.48x | €-5.32 Million |
| 2016 | 8.21% | 33.29% | 0.11x | 2.24x | €-5.23 Million |
| 2017 | 6.70% | 28.51% | 0.11x | 2.11x | €-10.33 Million |
| 2018 | 7.77% | 33.92% | 0.11x | 2.01x | €-7.53 Million |
| 2019 | 8.29% | 36.49% | 0.12x | 1.93x | €-6.21 Million |
| 2020 | 6.31% | 30.15% | 0.12x | 1.79x | €-14.36 Million |
| 2021 | 7.11% | 37.16% | 0.12x | 1.64x | €-12.13 Million |
| 2022 | 7.64% | 41.61% | 0.12x | 1.53x | €-10.86 Million |
| 2023 | 6.64% | 35.15% | 0.13x | 1.48x | €-16.21 Million |
| 2024 | 6.45% | 37.62% | 0.12x | 1.42x | €-17.88 Million |
Industry Comparison
This section compares Fiducial Real Estate 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 |
|---|---|---|---|---|
| Fiducial Real Estate SA (ORIA) | €442.85 Million | 11.36% | 0.63x | $20.81 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 |