Vitura S.A. (VTR) - Net Assets
Based on the latest financial reports, Vitura S.A. (VTR) has net assets worth €248.15 Million EUR (≈ $290.11 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 (€920.92 Million ≈ $1.08 Billion USD) and total liabilities (€672.77 Million ≈ $786.54 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 Vitura S.A. liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €248.15 Million |
| % of Total Assets | 26.95% |
| Annual Growth Rate | -5.07% |
| 5-Year Change | -67.9% |
| 10-Year Change | -57.44% |
| Growth Volatility | 15.1 |
Vitura S.A. - Net Assets Trend (2007–2025)
This chart illustrates how Vitura S.A.'s net assets have evolved over time, based on quarterly financial data. Also explore Vitura S.A. (VTR) total assets for the complete picture of this company's asset base.
Annual Net Assets for Vitura S.A. (2007–2025)
The table below shows the annual net assets of Vitura S.A. from 2007 to 2025. For live valuation and market cap data, see how much is Vitura S.A. worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | €248.15 Million ≈ $290.11 Million |
-7.72% |
| 2024-12-31 | €268.91 Million ≈ $314.38 Million |
-47.47% |
| 2023-12-31 | €511.91 Million ≈ $598.48 Million |
-32.24% |
| 2022-12-31 | €755.44 Million ≈ $883.19 Million |
-2.26% |
| 2021-12-31 | €772.94 Million ≈ $903.64 Million |
+5.26% |
| 2020-12-31 | €734.32 Million ≈ $858.49 Million |
+0.55% |
| 2019-12-31 | €730.27 Million ≈ $853.76 Million |
+8.21% |
| 2018-12-31 | €674.89 Million ≈ $789.02 Million |
+9.29% |
| 2017-12-31 | €617.53 Million ≈ $721.96 Million |
+5.91% |
| 2016-12-31 | €583.05 Million ≈ $681.64 Million |
+2.59% |
| 2015-12-31 | €568.31 Million ≈ $664.41 Million |
+11.62% |
| 2014-12-31 | €509.13 Million ≈ $595.23 Million |
+4.62% |
| 2013-12-31 | €486.63 Million ≈ $568.92 Million |
-1.37% |
| 2012-12-31 | €493.40 Million ≈ $576.83 Million |
+3.55% |
| 2011-12-31 | €476.47 Million ≈ $557.04 Million |
-2.92% |
| 2010-12-31 | €490.81 Million ≈ $573.80 Million |
+8.94% |
| 2009-12-31 | €450.54 Million ≈ $526.73 Million |
-17.66% |
| 2008-12-31 | €547.17 Million ≈ $639.70 Million |
-13.54% |
| 2007-12-31 | €632.84 Million ≈ $739.85 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Vitura S.A.'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 106.6% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | €64.93 Million | 26.17% |
| Other Components | €203.97 Million | 82.20% |
| Total Equity | €248.15 Million | 100.00% |
Vitura S.A. Competitors by Market Cap
The table below lists competitors of Vitura S.A. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Al-Salam Real Estate Investment Trust
KLSE:5269
|
$69.90 Million |
|
G.I. Tech Co. Ltd.
KQ:382480
|
$69.93 Million |
|
Tex Cycle Technology M Bhd
KLSE:0089
|
$69.94 Million |
|
CORESTEM Inc
KQ:166480
|
$69.97 Million |
|
Ideal Power Inc
NASDAQ:IPWR
|
$69.90 Million |
|
Oswal Agro Mills Limited
NSE:OSWALAGRO
|
$69.86 Million |
|
TECO Image Systems Co Ltd
TWO:5438
|
$69.85 Million |
|
L.P.N. Development Public Company Limited
BK:LPN
|
$69.84 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Vitura S.A.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 268,907,000 to 248,147,000, a change of -20,760,000 (-7.7%).
- Net loss of 20,755,000 reduced equity.
- Share repurchases of 4,000 reduced equity.
- Other comprehensive income decreased equity by 60,048,000.
- Other factors increased equity by 60,047,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-20.75 Million | -8.36% |
| Share Repurchases | €4.00K | -0.0% |
| Other Comprehensive Income | €-60.05 Million | -24.2% |
| Other Changes | €60.05 Million | +24.2% |
| Total Change | €- | -7.72% |
Book Value vs Market Value Analysis
This analysis compares Vitura S.A.'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: 0.28x
- 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 increased from 0.09x to 0.28x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2007-12-31 | €45.74 | €4.10 | x |
| 2008-12-31 | €40.77 | €4.10 | x |
| 2009-12-31 | €33.49 | €4.10 | x |
| 2010-12-31 | €36.48 | €4.10 | x |
| 2011-12-31 | €39.80 | €4.10 | x |
| 2012-12-31 | €36.65 | €4.10 | x |
| 2013-12-31 | €37.40 | €4.10 | x |
| 2014-12-31 | €37.96 | €4.10 | x |
| 2015-12-31 | €42.28 | €4.10 | x |
| 2016-12-31 | €40.53 | €4.10 | x |
| 2017-12-31 | €42.14 | €4.10 | x |
| 2018-12-31 | €46.05 | €4.10 | x |
| 2019-12-31 | €44.51 | €4.10 | x |
| 2020-12-31 | €44.59 | €4.10 | x |
| 2021-12-31 | €46.39 | €4.10 | x |
| 2022-12-31 | €44.42 | €4.10 | x |
| 2023-12-31 | €30.02 | €4.10 | x |
| 2024-12-31 | €15.77 | €4.10 | x |
| 2025-12-31 | €14.59 | €4.10 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Vitura S.A. 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): -8.36%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -34.41%
- • Asset Turnover: 0.07x
- • Equity Multiplier: 3.71x
- Recent ROE (-8.36%) is below the historical average (-4.12%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | 16.14% | 166.90% | 0.06x | 1.72x | €38.87 Million |
| 2008 | -10.82% | -107.70% | 0.06x | 1.78x | €-113.94 Million |
| 2009 | -15.73% | -117.19% | 0.07x | 1.95x | €-115.94 Million |
| 2010 | 12.90% | 97.52% | 0.07x | 1.86x | €14.23 Million |
| 2011 | -0.37% | -4.23% | 0.05x | 1.87x | €-49.42 Million |
| 2012 | 2.65% | 27.58% | 0.05x | 1.85x | €-36.26 Million |
| 2013 | 0.40% | 3.61% | 0.06x | 1.86x | €-46.72 Million |
| 2014 | 8.33% | 73.20% | 0.06x | 1.84x | €-8.52 Million |
| 2015 | 14.25% | 145.45% | 0.06x | 1.76x | €24.13 Million |
| 2016 | 7.08% | 67.44% | 0.05x | 2.05x | €-17.04 Million |
| 2017 | 10.11% | 92.56% | 0.05x | 2.08x | €654.70K |
| 2018 | 4.91% | 48.66% | 0.05x | 2.23x | €-34.38 Million |
| 2019 | 11.06% | 96.82% | 0.05x | 2.13x | €7.73 Million |
| 2020 | 2.19% | 18.96% | 0.05x | 2.11x | €-57.34 Million |
| 2021 | 4.78% | 43.49% | 0.05x | 2.15x | €-40.36 Million |
| 2022 | -0.55% | -5.75% | 0.04x | 2.15x | €-79.73 Million |
| 2023 | -46.85% | -313.08% | 0.05x | 2.73x | €-291.04 Million |
| 2024 | -90.37% | -419.90% | 0.06x | 3.50x | €-269.89 Million |
| 2025 | -8.36% | -34.41% | 0.07x | 3.71x | €-45.57 Million |
Industry Comparison
This section compares Vitura S.A.'s net assets metrics with peer companies in the REIT - Office industry.
Industry Context
- Industry: REIT - Office
- Average net assets among peers: $2,422,674,191
- Average return on equity (ROE) among peers: 5.31%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Vitura S.A. (VTR) | €248.15 Million | 16.14% | 2.71x | $69.90 Million |
| Acanthe Développement (ACAN) | $139.95 Million | 7.67% | 0.25x | $39.19 Million |
| Societe de la Tour Eiffel SA (EIFF) | $214.47 Million | 1.95% | 2.09x | $532.82 Million |
| Fonciere Lyonnaise (FLY) | $5.48 Billion | 2.62% | 0.52x | $3.17 Billion |
| Gecina SA (GFC) | $6.25 Billion | 5.03% | 0.76x | $5.40 Billion |
| Maison Antoine Baud Société Anonyme (MLMAB) | $36.97 Million | 9.31% | 1.02x | $48.77 Million |
About Vitura S.A.
Vitura SA is a listed real estate company that invests in prime office properties in Paris and Greater Paris. The total value of the portfolio was estimated at 872 million at June 30, 2025 (excluding transfer duties). Thanks to its strong commitment to sustainable development, the Company's leadership position is recognized by ESG rating agencies. Vitura ranks among the top 20% of the 2025 GRESB … Read more