Cofinimmo SA/NV
Cofinimmo has been acquiring, developing and managing rental properties for more than 40 years. The company has a portfolio spread across Belgium, France, the Netherlands, Germany, Spain, Finland, Ireland, Italy and the United Kingdom, with a value of approximately 6.0 billion EUR. Responding to societal changes, Cofinimmo's mission is to provide high-quality care, living, and working spaces to p… Read more
Cofinimmo SA/NV (CFMOF) - Net Assets
Latest net assets as of September 2025: $3.55 Billion USD
Based on the latest financial reports, Cofinimmo SA/NV (CFMOF) has net assets worth $3.55 Billion USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($6.43 Billion) and total liabilities ($2.88 Billion). 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 | $3.55 Billion |
| % of Total Assets | 55.19% |
| Annual Growth Rate | 6.77% |
| 5-Year Change | 36.43% |
| 10-Year Change | 87.8% |
| Growth Volatility | 7.23 |
Cofinimmo SA/NV - Net Assets Trend (2001–2024)
This chart illustrates how Cofinimmo SA/NV's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Cofinimmo SA/NV (2001–2024)
The table below shows the annual net assets of Cofinimmo SA/NV from 2001 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $3.61 Billion | -2.29% |
| 2023-12-31 | $3.70 Billion | +0.87% |
| 2022-12-31 | $3.67 Billion | +11.54% |
| 2021-12-31 | $3.29 Billion | +24.09% |
| 2020-12-31 | $2.65 Billion | +4.55% |
| 2019-12-31 | $2.53 Billion | +16.97% |
| 2018-12-31 | $2.17 Billion | +9.06% |
| 2017-12-31 | $1.99 Billion | +3.49% |
| 2016-12-31 | $1.92 Billion | -0.27% |
| 2015-12-31 | $1.92 Billion | +19.62% |
| 2014-12-31 | $1.61 Billion | -4.31% |
| 2013-12-31 | $1.68 Billion | +9.02% |
| 2012-12-31 | $1.54 Billion | +1.76% |
| 2011-12-31 | $1.52 Billion | +3.32% |
| 2010-12-31 | $1.47 Billion | +4.10% |
| 2009-12-31 | $1.41 Billion | +2.31% |
| 2008-12-31 | $1.38 Billion | -2.43% |
| 2007-12-31 | $1.41 Billion | +15.12% |
| 2006-12-31 | $1.23 Billion | +7.75% |
| 2005-12-31 | $1.14 Billion | +7.01% |
| 2004-12-31 | $1.06 Billion | +6.52% |
| 2003-12-31 | $998.29 Million | +7.90% |
| 2002-12-31 | $925.22 Million | +15.53% |
| 2001-12-31 | $800.88 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Cofinimmo SA/NV'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 6388900000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $63.89 Million | 1.81% |
| Common Stock | $2.04 Billion | 57.75% |
| Other Comprehensive Income | $170.45 Million | 4.82% |
| Other Components | $1.26 Billion | 35.62% |
| Total Equity | $3.53 Billion | 100.00% |
Cofinimmo SA/NV Competitors by Market Cap
The table below lists competitors of Cofinimmo SA/NV ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Xiamen Changelight
SHE:300102
|
$2.38 Billion |
|
Valiant Holding AG
SW:VATN
|
$2.38 Billion |
|
Mercury General Corporation
NYSE:MCY
|
$2.38 Billion |
|
Julius Baer Group Ltd
PINK:JBAXY
|
$2.38 Billion |
|
Glanbia plc
PINK:GLAPF
|
$2.38 Billion |
|
Seabridge Gold Inc.
NYSE:SA
|
$2.38 Billion |
|
Towne Bank
NASDAQ:TOWN
|
$2.38 Billion |
|
PHINIA Inc.
NYSE:PHIN
|
$2.38 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Cofinimmo SA/NV's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,623,262,000 to 3,534,991,000, a change of -88,271,000 (-2.4%).
- Net income of 63,889,000 contributed positively to equity growth.
- Dividend payments of 153,415,000 reduced retained earnings.
- New share issuances of 198,000 increased equity.
- Other comprehensive income decreased equity by 224,285,000.
- Other factors increased equity by 225,342,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $63.89 Million | +1.81% |
| Dividends Paid | $153.41 Million | -4.34% |
| Share Issuances | $198.00K | +0.01% |
| Other Comprehensive Income | $-224.28 Million | -6.34% |
| Other Changes | $225.34 Million | +6.37% |
| Total Change | $- | -2.44% |
Book Value vs Market Value Analysis
This analysis compares Cofinimmo SA/NV'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: 0.66x
- 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 1.10x to 0.66x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2001-12-31 | $56.77 | $62.43 | x |
| 2002-12-31 | $66.09 | $62.43 | x |
| 2003-12-31 | $92.27 | $62.43 | x |
| 2004-12-31 | $99.56 | $62.43 | x |
| 2005-12-31 | $98.41 | $62.43 | x |
| 2006-12-31 | $104.62 | $62.43 | x |
| 2007-12-31 | $118.23 | $62.43 | x |
| 2008-12-31 | $99.50 | $62.43 | x |
| 2009-12-31 | $97.03 | $62.43 | x |
| 2010-12-31 | $95.30 | $62.43 | x |
| 2011-12-31 | $87.45 | $62.43 | x |
| 2012-12-31 | $88.65 | $62.43 | x |
| 2013-12-31 | $89.07 | $62.43 | x |
| 2014-12-31 | $85.04 | $62.43 | x |
| 2015-12-31 | $89.60 | $62.43 | x |
| 2016-12-31 | $87.51 | $62.43 | x |
| 2017-12-31 | $83.72 | $62.43 | x |
| 2018-12-31 | $88.39 | $62.43 | x |
| 2019-12-31 | $92.32 | $62.43 | x |
| 2020-12-31 | $90.20 | $62.43 | x |
| 2021-12-31 | $107.01 | $62.43 | x |
| 2022-12-31 | $111.72 | $62.43 | x |
| 2023-12-31 | $106.35 | $62.43 | x |
| 2024-12-31 | $94.19 | $62.43 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Cofinimmo SA/NV 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): 1.81%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 16.16%
- • Asset Turnover: 0.06x
- • Equity Multiplier: 1.82x
- Recent ROE (1.81%) is below the historical average (6.06%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2001 | 12.61% | 72.14% | 0.07x | 2.52x | $17.43 Million |
| 2002 | 7.78% | 51.21% | 0.06x | 2.55x | $-17.24 Million |
| 2003 | 7.62% | 48.51% | 0.06x | 2.43x | $-20.05 Million |
| 2006 | 11.66% | 79.40% | 0.07x | 2.13x | $20.37 Million |
| 2007 | 10.95% | 77.87% | 0.06x | 2.29x | $13.20 Million |
| 2008 | -0.39% | -2.66% | 0.06x | 2.59x | $-142.15 Million |
| 2009 | 2.32% | 15.06% | 0.06x | 2.43x | $-107.64 Million |
| 2010 | 5.78% | 39.06% | 0.06x | 2.32x | $-61.54 Million |
| 2011 | 8.43% | 58.62% | 0.06x | 2.42x | $-23.00 Million |
| 2012 | 6.64% | 36.63% | 0.07x | 2.47x | $-49.53 Million |
| 2013 | 3.64% | 21.80% | 0.07x | 2.27x | $-102.76 Million |
| 2014 | -3.42% | -20.48% | 0.07x | 2.27x | $-206.87 Million |
| 2015 | 5.59% | 40.81% | 0.07x | 1.83x | $-82.04 Million |
| 2016 | 5.26% | 37.94% | 0.07x | 1.98x | $-87.90 Million |
| 2017 | 7.22% | 52.43% | 0.07x | 1.99x | $-52.95 Million |
| 2018 | 6.99% | 55.44% | 0.07x | 1.93x | $-62.60 Million |
| 2019 | 8.35% | 71.50% | 0.06x | 1.86x | $-40.52 Million |
| 2020 | 4.63% | 40.39% | 0.06x | 2.04x | $-138.26 Million |
| 2021 | 8.05% | 76.39% | 0.06x | 1.91x | $-62.99 Million |
| 2022 | 13.28% | 131.80% | 0.05x | 1.87x | $119.20 Million |
| 2023 | -1.53% | -14.00% | 0.06x | 1.85x | $-417.82 Million |
| 2024 | 1.81% | 16.16% | 0.06x | 1.82x | $-289.61 Million |
Industry Comparison
This section compares Cofinimmo SA/NV's net assets metrics with peer companies in the REIT - Healthcare Facilities industry.
Industry Context
- Industry: REIT - Healthcare Facilities
- Average net assets among peers: $683,846,667
- Average return on equity (ROE) among peers: 2.26%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Cofinimmo SA/NV (CFMOF) | $3.55 Billion | 12.61% | 0.81x | $2.38 Billion |
| Aedifica SA (AEDFF) | $193.91 Million | 7.53% | 0.90x | $2.97 Billion |
| American Healthcare REIT, Inc. (AHR) | $1.65 Billion | -4.93% | 1.90x | $9.31 Billion |
| Assura Plc (ARSSF) | $117.93 Million | -10.60% | 0.39x | $161.63 Million |
| Community Healthcare Trust Inc (CHCT) | $496.81 Million | 4.43% | 0.76x | $419.21 Million |
| CareTrust REIT Inc. (CTRE) | $1.42 Billion | 3.79% | 0.47x | $8.79 Billion |
| Chartwell Retirement Residences (CWSRF) | $509.23 Million | 4.69% | 4.57x | $3.84 Billion |
| Healthpeak Properties Inc (DOC) | $264.20 Million | 5.22% | 0.63x | $11.75 Billion |
| Global Medical REIT Inc. (GMRE) | $460.35 Million | 2.01% | 0.92x | $440.68 Million |
| Healthcare Realty Trust Incorporated (HR) | $1.04 Billion | 8.24% | 0.54x | $6.10 Billion |