Bresler & Reiner Inc
Bresler & Reiner, Inc. acquires, develops, and owns commercial, residential, and hospitality real estate in the United States. The company was incorporated in 1970 and is based in Rockville, Maryland. It has operations in the Philadelphia, Pennsylvania; Wilmington, Delaware; Delaware and Maryland Eastern Shore; Baltimore, Maryland; Washington, D.C.; Houston, Texas; and the Tampa and Orlando, Flor… Read more
Bresler & Reiner Inc (BRER) - Net Assets
Latest net assets as of September 2009: $103.42 Million USD
Based on the latest financial reports, Bresler & Reiner Inc (BRER) has net assets worth $103.42 Million USD as of September 2009.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($789.35 Million) and total liabilities ($685.93 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 | $103.42 Million |
| % of Total Assets | 13.1% |
| Annual Growth Rate | 5.61% |
| 5-Year Change | -38.22% |
| 10-Year Change | 25.48% |
| Growth Volatility | 19.9 |
Bresler & Reiner Inc - Net Assets Trend (1995–2008)
This chart illustrates how Bresler & Reiner Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Bresler & Reiner Inc (1995–2008)
The table below shows the annual net assets of Bresler & Reiner Inc from 1995 to 2008.
| Year | Net Assets | Change |
|---|---|---|
| 2008-12-31 | $118.57 Million | -46.58% |
| 2007-12-31 | $221.94 Million | -16.62% |
| 2006-12-31 | $266.17 Million | -0.32% |
| 2005-12-31 | $267.02 Million | +39.13% |
| 2004-12-31 | $191.91 Million | +23.81% |
| 2003-12-31 | $155.01 Million | +17.57% |
| 2002-12-31 | $131.84 Million | +6.90% |
| 2001-12-31 | $123.33 Million | +12.46% |
| 2000-12-31 | $109.67 Million | +16.06% |
| 1999-12-31 | $94.49 Million | +13.10% |
| 1998-12-31 | $83.54 Million | +13.57% |
| 1997-12-31 | $73.56 Million | +12.42% |
| 1996-12-31 | $65.44 Million | +12.29% |
| 1995-12-31 | $58.27 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Bresler & Reiner Inc'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 98.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2008)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $100.81 Million | 95.29% |
| Common Stock | $55.00K | 0.05% |
| Other Comprehensive Income | $-789.00K | -0.75% |
| Other Components | $5.72 Million | 5.41% |
| Total Equity | $105.80 Million | 100.00% |
Bresler & Reiner Inc Competitors by Market Cap
The table below lists competitors of Bresler & Reiner Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
AIRTEL UGANDA LIMITED
USE:AIRTELUGANDA
|
$287.15 |
|
CC Japan Income and Growth Trust PLC
LSE:CCJI
|
$287.89 |
|
Emerald Real Estate Investment
EGX:EMRI
|
$288.75 |
|
Henderson Far East Income Ltd
LSE:HFEL
|
$289.91 |
|
Anemoi International Ltd
LSE:AMOI
|
$286.61 |
|
Northcoders Group PLC
LSE:CODE
|
$286.58 |
|
Vapiano SE
STU:VAO
|
$286.51 |
|
GreetEat Corporation
PINK:GEAT
|
$286.44 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Bresler & Reiner Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2007 to 2008, total equity changed from 128,795,000 to 105,795,000, a change of -23,000,000 (-17.9%).
- Net loss of 21,447,000 reduced equity.
- Dividend payments of 822,000 reduced retained earnings.
- Other comprehensive income decreased equity by 731,000.
Equity Change Factors (2007 to 2008)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-21.45 Million | -20.27% |
| Dividends Paid | $822.00K | -0.78% |
| Other Comprehensive Income | $-731.00K | -0.69% |
| Total Change | $- | -17.86% |
Book Value vs Market Value Analysis
This analysis compares Bresler & Reiner Inc'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: 0.00x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1995-12-31 | $10.29 | $0.03 | x |
| 1996-12-31 | $11.66 | $0.03 | x |
| 1997-12-31 | $13.12 | $0.03 | x |
| 1998-12-31 | $14.84 | $0.03 | x |
| 1999-12-31 | $16.87 | $0.03 | x |
| 2000-12-31 | $18.67 | $0.03 | x |
| 2001-12-31 | $20.53 | $0.03 | x |
| 2002-12-31 | $21.64 | $0.03 | x |
| 2003-12-31 | $23.39 | $0.03 | x |
| 2004-12-31 | $23.94 | $0.03 | x |
| 2005-12-31 | $23.25 | $0.03 | x |
| 2006-12-31 | $25.90 | $0.03 | x |
| 2007-12-31 | $23.51 | $0.03 | x |
| 2008-12-31 | $19.32 | $0.03 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Bresler & Reiner Inc 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): -20.27%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -23.00%
- • Asset Turnover: 0.11x
- • Equity Multiplier: 8.14x
- Recent ROE (-20.27%) is below the historical average (5.30%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1995 | 10.59% | 18.15% | 0.33x | 1.75x | $343.10K |
| 1996 | 11.15% | 20.70% | 0.37x | 1.45x | $748.80K |
| 1997 | 11.28% | 24.29% | 0.35x | 1.33x | $939.70K |
| 1998 | 11.19% | 26.33% | 0.36x | 1.19x | $979.90K |
| 1999 | 12.74% | 30.78% | 0.37x | 1.13x | $2.56 Million |
| 2000 | 9.94% | 22.93% | 0.32x | 1.34x | $-64.50K |
| 2001 | 9.09% | 19.63% | 0.26x | 1.81x | $-1.03 Million |
| 2002 | 5.14% | 10.25% | 0.24x | 2.05x | $-5.77 Million |
| 2003 | 7.48% | 27.61% | 0.10x | 2.72x | $-3.23 Million |
| 2004 | 3.37% | 5.65% | 0.15x | 4.08x | $-8.70 Million |
| 2005 | -1.77% | -1.83% | 0.16x | 6.00x | $-14.99 Million |
| 2006 | 11.51% | 15.81% | 0.12x | 6.06x | $2.14 Million |
| 2007 | -7.21% | -8.94% | 0.11x | 7.16x | $-22.17 Million |
| 2008 | -20.27% | -23.00% | 0.11x | 8.14x | $-32.03 Million |
Industry Comparison
This section compares Bresler & Reiner Inc's net assets metrics with peer companies in the Real Estate - Diversified industry.
Industry Context
- Industry: Real Estate - Diversified
- Average net assets among peers: $49,796,668,469
- Average return on equity (ROE) among peers: 6.82%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Bresler & Reiner Inc (BRER) | $103.42 Million | 10.59% | 6.63x | $286.68 |
| Fastighets AB Balder (publ) (BALDF) | $4.66 Billion | 37.66% | 2.23x | $4.42 Billion |
| Chinese Estates Holdings Limited (CESTF) | $28.78 Billion | 2.16% | 0.30x | $71.54 Million |
| Central Pattana Public Company Limited (CPNNF) | $15.17 Billion | 14.49% | 1.89x | $3.86 Billion |
| Community Redevelopment Inc (CRDV) | $-732.85K | 0.00% | 0.00x | $450.08K |
| Daito Trust Construction Co.Ltd (DITTF) | $365.79 Billion | 19.02% | 1.75x | $30.07 Billion |
| Eco Depot Inc (ECDP) | $5.22 Million | -14.85% | 0.39x | $551.28 |
| Frasers Property Limited (FSRPF) | $15.12 Billion | 1.24% | 1.56x | $289.47 Million |
| 420 Property Management Inc (FTPM) | $-19.97 Million | 0.00% | 0.00x | $1.92 |
| Great Eagle Holdings Limited (GEAHF) | $18.67 Billion | 1.67% | 1.04x | $355.22 Million |