Neinor Homes S.A
Neinor Homes, S.A., together with its subsidiaries, develops, promotes, rental, and manages real estate properties in Spain. It operates through Development, Assets Management " Servicing, and Rental segments. The company's land portfolio consists of lots with buildable units in Madrid, Guadalajara, Catalonia, the Basque Country, Valencia, Balearic, and Andalusia. Neinor Homes, S.A. was founded i… Read more
Neinor Homes S.A (NNRHF) - Net Assets
Latest net assets as of June 2025: $992.72 Million USD
Based on the latest financial reports, Neinor Homes S.A (NNRHF) has net assets worth $992.72 Million USD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.82 Billion) and total liabilities ($824.37 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 | $992.72 Million |
| % of Total Assets | 54.63% |
| Annual Growth Rate | 0.28% |
| 5-Year Change | 0.09% |
| 10-Year Change | N/A |
| Growth Volatility | 11.65 |
Neinor Homes S.A - Net Assets Trend (2015–2024)
This chart illustrates how Neinor Homes S.A's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Neinor Homes S.A (2015–2024)
The table below shows the annual net assets of Neinor Homes S.A from 2015 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $861.71 Million | -11.89% |
| 2023-12-31 | $977.96 Million | +5.16% |
| 2022-12-31 | $930.01 Million | -1.53% |
| 2021-12-31 | $944.50 Million | +9.71% |
| 2020-12-31 | $860.90 Million | +9.05% |
| 2019-12-31 | $789.43 Million | +2.17% |
| 2018-12-31 | $772.67 Million | +6.96% |
| 2017-12-31 | $722.42 Million | +14.49% |
| 2016-12-31 | $631.01 Million | -24.93% |
| 2015-12-31 | $840.61 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Neinor Homes 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 grown by 13287400000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $62.01 Million | 7.22% |
| Common Stock | $478.30 Million | 55.70% |
| Other Components | $318.43 Million | 37.08% |
| Total Equity | $858.74 Million | 100.00% |
Neinor Homes S.A Competitors by Market Cap
The table below lists competitors of Neinor Homes S.A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
MasterBrand Inc.
NYSE:MBC
|
$817.75 Million |
|
Iradimed Co
NASDAQ:IRMD
|
$818.20 Million |
|
Jiangsu HHCK Advanced Materials Co. Ltd. A
SHG:688535
|
$818.27 Million |
|
Jiangsu Shentong Valve Co Ltd
SHE:002438
|
$818.30 Million |
|
MODEC Inc
PINK:MDIKF
|
$817.40 Million |
|
Sigdo Koppers
SN:SK
|
$817.19 Million |
|
Qt Group Oyj
PINK:QTGPF
|
$817.19 Million |
|
EVT Ltd
AU:EVT
|
$817.04 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Neinor Homes S.A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 975,374,000 to 858,737,000, a change of -116,637,000 (-12.0%).
- Net income of 62,008,000 contributed positively to equity growth.
- Dividend payments of 114,065,000 reduced retained earnings.
- Other comprehensive income decreased equity by 227,811,000.
- Other factors increased equity by 163,231,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $62.01 Million | +7.22% |
| Dividends Paid | $114.06 Million | -13.28% |
| Other Comprehensive Income | $-227.81 Million | -26.53% |
| Other Changes | $163.23 Million | +19.01% |
| Total Change | $- | -11.96% |
Book Value vs Market Value Analysis
This analysis compares Neinor Homes 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: 1.11x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 1.31x to 1.11x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2015-12-31 | $9.73 | $12.75 | x |
| 2016-12-31 | $5.97 | $12.75 | x |
| 2017-12-31 | $9.16 | $12.75 | x |
| 2018-12-31 | $9.90 | $12.75 | x |
| 2019-12-31 | $10.38 | $12.75 | x |
| 2020-12-31 | $11.64 | $12.75 | x |
| 2021-12-31 | $12.31 | $12.75 | x |
| 2022-12-31 | $12.46 | $12.75 | x |
| 2023-12-31 | $13.09 | $12.75 | x |
| 2024-12-31 | $11.49 | $12.75 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Neinor Homes 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): 7.22%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 12.74%
- • Asset Turnover: 0.28x
- • Equity Multiplier: 2.01x
- Recent ROE (7.22%) is above the historical average (4.68%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | -9.77% | -31.99% | 0.23x | 1.32x | $-166.18 Million |
| 2016 | 0.17% | 0.46% | 0.23x | 1.61x | $-62.04 Million |
| 2017 | -3.59% | -11.77% | 0.17x | 1.77x | $-98.18 Million |
| 2018 | 5.95% | 12.10% | 0.27x | 1.83x | $-31.28 Million |
| 2019 | 8.08% | 13.04% | 0.33x | 1.86x | $-15.19 Million |
| 2020 | 8.15% | 12.24% | 0.37x | 1.81x | $-15.94 Million |
| 2021 | 10.92% | 11.27% | 0.46x | 2.08x | $8.69 Million |
| 2022 | 10.38% | 12.58% | 0.43x | 1.92x | $3.55 Million |
| 2023 | 9.29% | 15.34% | 0.36x | 1.69x | $-6.91 Million |
| 2024 | 7.22% | 12.74% | 0.28x | 2.01x | $-23.87 Million |
Industry Comparison
This section compares Neinor Homes S.A's net assets metrics with peer companies in the Real Estate - Development industry.
Industry Context
- Industry: Real Estate - Development
- Average net assets among peers: $70,341,271,195
- Average return on equity (ROE) among peers: 2.78%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Neinor Homes S.A (NNRHF) | $992.72 Million | -9.77% | 0.83x | $817.63 Million |
| Applied Development Holdings Limited (ADHLF) | $872.99 Million | -18.66% | 0.65x | $1.95 Million |
| Alset Ehome International Inc (AEI) | $97.99 Million | -3.22% | 0.10x | $7.15 Million |
| Autris (AUTR) | $-34.64K | 0.00% | 0.00x | $1.55K |
| AMREP Corporation (AXR) | $67.40 Million | 1.78% | 1.85x | $79.94 Million |
| Ayala Land Inc (AYAAF) | $242.71 Billion | 13.67% | 1.94x | $3.06 Billion |
| Bayport International Holdings Inc (BAYP) | $226.27K | -1.35% | 0.77x | $0.92 |
| Beijing North Star Company Limited (BEIJF) | $8.23 Billion | 4.12% | 0.79x | $161.03 Million |
| China Overseas Land Investment (CAOVY) | $436.84 Billion | 11.28% | 1.44x | $20.11 Billion |
| C C Land Holdings Limited (CCLHF) | $14.13 Billion | 9.67% | 0.21x | $141.49 Million |
| Century Communities Inc (CCS) | $473.64 Million | 10.46% | 1.13x | $1.40 Billion |