Horizon Group Properties Inc
Based in Chicago, Illinois, Horizon Group Properties, Inc. has 12 operating factory outlet centers and one power center in 10 states totaling more than 2.6 million square feet.
Horizon Group Properties Inc (HGPI) - Net Assets
Latest net assets as of March 2025: $101.03 Million USD
Based on the latest financial reports, Horizon Group Properties Inc (HGPI) has net assets worth $101.03 Million USD as of March 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($124.48 Million) and total liabilities ($23.45 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 | $101.03 Million |
| % of Total Assets | 81.16% |
| Annual Growth Rate | 2.44% |
| 5-Year Change | -32.55% |
| 10-Year Change | 247.74% |
| Growth Volatility | 784.1 |
Horizon Group Properties Inc - Net Assets Trend (1998–2024)
This chart illustrates how Horizon Group Properties 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 Horizon Group Properties Inc (1998–2024)
The table below shows the annual net assets of Horizon Group Properties Inc from 1998 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $95.22 Million | +2.17% |
| 2023-12-31 | $93.20 Million | +3.92% |
| 2022-12-31 | $89.68 Million | +28.03% |
| 2021-12-31 | $70.05 Million | -50.38% |
| 2020-12-31 | $141.18 Million | -16.28% |
| 2019-12-31 | $168.63 Million | +1475.07% |
| 2018-12-31 | $10.71 Million | +268.41% |
| 2017-12-31 | $2.91 Million | +4.31% |
| 2016-12-31 | $2.79 Million | -89.83% |
| 2015-12-31 | $27.38 Million | -0.10% |
| 2014-12-31 | $27.41 Million | +2863.35% |
| 2002-12-31 | $925.00K | -95.65% |
| 2001-12-31 | $21.25 Million | -51.23% |
| 2000-12-31 | $43.57 Million | -8.99% |
| 1999-12-31 | $47.87 Million | -6.00% |
| 1998-12-31 | $50.93 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Horizon Group Properties 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 decreased by 11756.6% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $98.00K | 0.13% |
| Other Components | $114.10 Million | 147.93% |
| Total Equity | $77.13 Million | 100.00% |
Horizon Group Properties Inc Competitors by Market Cap
The table below lists competitors of Horizon Group Properties Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
GOING PUBL MEDIA N
MU:G6P
|
$38.33K |
|
CATLIN GROUP
LSE:CGL
|
$38.35K |
|
Buff Technologies Ltd
TA:BUFT
|
$38.35K |
|
Gamatronic Electronic Industries Ltd
TA:GAMT
|
$38.38K |
|
Big Technologies PLC
LSE:BIG
|
$38.30K |
|
Navion Capital II Inc.
V:NVN-P
|
$38.29K |
|
Fantasy Network Ltd
TA:FNTS
|
$38.26K |
|
COMPUTER MODELLING
BE:5TJ
|
$38.26K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Horizon Group Properties Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 75,572,000 to 77,130,000, a change of 1,558,000 (2.1%).
- Net income of 7,075,000 contributed positively to equity growth.
- Dividend payments of 5,552,000 reduced retained earnings.
- Other comprehensive income decreased equity by 93,197,000.
- Other factors increased equity by 93,232,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $7.08 Million | +9.17% |
| Dividends Paid | $5.55 Million | -7.2% |
| Other Comprehensive Income | $-93.20 Million | -120.83% |
| Other Changes | $93.23 Million | +120.88% |
| Total Change | $- | 2.06% |
Book Value vs Market Value Analysis
This analysis compares Horizon Group Properties 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: 0.50x
- 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 0.39x to 0.50x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1998-12-31 | $9.92 | $3.90 | x |
| 1999-12-31 | $9.89 | $3.90 | x |
| 2000-12-31 | $9.15 | $3.90 | x |
| 2001-12-31 | $3.44 | $3.90 | x |
| 2002-12-31 | $-2.56 | $3.90 | x |
| 2015-12-31 | $3.56 | $3.90 | x |
| 2016-12-31 | $28.20 | $3.90 | x |
| 2017-12-31 | $25.64 | $3.90 | x |
| 2018-12-31 | $24.21 | $3.90 | x |
| 2019-12-31 | $23.32 | $3.90 | x |
| 2020-12-31 | $14.42 | $3.90 | x |
| 2021-12-31 | $10.17 | $3.90 | x |
| 2022-12-31 | $7.41 | $3.90 | x |
| 2023-12-31 | $7.71 | $3.90 | x |
| 2024-12-31 | $7.87 | $3.90 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Horizon Group Properties 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): 9.17%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 93.34%
- • Asset Turnover: 0.05x
- • Equity Multiplier: 1.80x
- Recent ROE (9.17%) is above the historical average (-11.57%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1998 | -10.84% | -12.25% | 0.18x | 4.93x | $-7.01 Million |
| 1999 | -2.61% | -2.88% | 0.20x | 4.62x | $-4.23 Million |
| 2000 | -9.33% | -10.41% | 0.19x | 4.78x | $-5.99 Million |
| 2001 | -166.76% | -83.28% | 0.19x | 10.69x | $-20.56 Million |
| 2002 | 0.00% | -120.71% | 0.17x | 0.00x | $-20.79 Million |
| 2014 | 2.36% | 1.66% | 0.24x | 6.00x | $-1.19 Million |
| 2015 | 6.45% | 6.27% | 0.17x | 6.00x | $-590.90K |
| 2016 | 3.26% | 32.40% | 7.15x | 0.01x | $-13.75 Million |
| 2017 | -11.31% | -112.80% | 6.21x | 0.02x | $-39.53 Million |
| 2018 | -4.30% | -49.36% | 1.42x | 0.06x | $-25.06 Million |
| 2019 | -2.76% | -39.87% | 0.07x | 1.00x | $-21.52 Million |
| 2020 | -10.40% | -840.42% | 0.01x | 1.00x | $-28.83 Million |
| 2021 | -6.33% | -213.14% | 0.03x | 1.00x | $-16.27 Million |
| 2022 | 9.39% | 221.54% | 0.03x | 1.55x | $-439.60K |
| 2023 | 8.81% | 155.15% | 0.04x | 1.51x | $-898.20K |
| 2024 | 9.17% | 93.34% | 0.05x | 1.80x | $-638.00K |
Industry Comparison
This section compares Horizon Group Properties 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: $46,304,176,373
- Average return on equity (ROE) among peers: 5.05%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Horizon Group Properties Inc (HGPI) | $101.03 Million | -10.84% | 0.23x | $38.31K |
| Fastighets AB Balder (publ) (BALDF) | $93.99 Billion | -7.18% | 1.70x | $4.42 Billion |
| Bresler & Reiner Inc (BRER) | $83.54 Million | 11.05% | 0.17x | $283.17 |
| Chinese Estates Holdings Limited (CESTF) | $20.06 Billion | 2.54% | 0.09x | $71.54 Million |
| Central Pattana Public Company Limited (CPNNF) | $12.57 Billion | 13.40% | 1.73x | $3.86 Billion |
| Community Redevelopment Inc (CRDV) | $-607.67K | 0.00% | 0.00x | $450.08K |
| Daito Trust Construction Co.Ltd (DITTF) | $308.21 Billion | 20.21% | 1.98x | $30.07 Billion |
| Eco Depot Inc (ECDP) | $-11.54K | 0.00% | 0.00x | $542.97 |
| Frasers Property Limited (FSRPF) | $10.65 Billion | 6.80% | 1.17x | $289.47 Million |
| 420 Property Management Inc (FTPM) | $-19.97 Million | 0.00% | 0.00x | $1.83 |
| Great Eagle Holdings Limited (GEAHF) | $17.50 Billion | 3.69% | 0.60x | $355.22 Million |