Real Matters Inc
Real Matters Inc. provides residential real estate appraisal and title services in Canada and the United States. It operates in three segments: U.S. Appraisal, U.S. Title, and Canada. The company offers residential mortgage appraisals for purchase, refinance, and home equity and default transactions, as well as title services for refinance, purchase, home equity, short sale, and real estate-owned… Read more
Real Matters Inc (RLLMF) - Net Assets
Latest net assets as of December 2025: $89.27 Million USD
Based on the latest financial reports, Real Matters Inc (RLLMF) has net assets worth $89.27 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 ($105.19 Million) and total liabilities ($15.92 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 | $89.27 Million |
| % of Total Assets | 84.87% |
| Annual Growth Rate | 6.48% |
| 5-Year Change | -43.05% |
| 10-Year Change | -15.5% |
| Growth Volatility | 45.9 |
Real Matters Inc - Net Assets Trend (2015–2025)
This chart illustrates how Real Matters 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 Real Matters Inc (2015–2025)
The table below shows the annual net assets of Real Matters Inc from 2015 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-09-30 | $90.87 Million | -21.47% |
| 2024-09-30 | $115.70 Million | +3.70% |
| 2023-09-30 | $111.58 Million | -2.98% |
| 2022-09-30 | $115.01 Million | -27.92% |
| 2021-09-30 | $159.55 Million | -24.82% |
| 2020-09-30 | $212.22 Million | +21.85% |
| 2019-09-30 | $174.16 Million | -4.19% |
| 2018-09-30 | $181.79 Million | -3.84% |
| 2017-09-30 | $189.05 Million | +75.79% |
| 2016-09-30 | $107.54 Million | +121.79% |
| 2015-09-30 | $48.49 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Real Matters 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 9634400000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (September 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $233.51 Million | 256.98% |
| Other Comprehensive Income | $-12.85 Million | -14.14% |
| Other Components | $13.65 Million | 15.02% |
| Total Equity | $90.87 Million | 100.00% |
Real Matters Inc Competitors by Market Cap
The table below lists competitors of Real Matters Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Dong Fang Offshore Co., Ltd.
TW:7786
|
$274.56 Million |
|
Liuzhou Liangmianzhen Co Ltd
SHG:600249
|
$274.59 Million |
|
Shanghai ZJ Bio-Tech Co. Ltd. A
SHG:688317
|
$274.67 Million |
|
Contineum Therapeutics, Inc. Class A Common Stock
NASDAQ:CTNM
|
$274.76 Million |
|
Rejlerkoncernen AB
F:3RE
|
$274.54 Million |
|
Dayang Enterprise Holdings Bhd
KLSE:5141
|
$274.52 Million |
|
Shanghai Jiaoda Onlly Co Ltd
SHG:600530
|
$274.52 Million |
|
Tae Kwang Corporation
KQ:023160
|
$274.49 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Real Matters Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 115,704,000 to 90,866,000, a change of -24,838,000 (-21.5%).
- Net loss of 22,657,000 reduced equity.
- Share repurchases of 44,000 reduced equity.
- Other comprehensive income decreased equity by 3,333,063.
- Other factors increased equity by 1,196,063.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-22.66 Million | -24.93% |
| Share Repurchases | $44.00K | -0.05% |
| Other Comprehensive Income | $-3.33 Million | -3.67% |
| Other Changes | $1.20 Million | +1.32% |
| Total Change | $- | -21.47% |
Book Value vs Market Value Analysis
This analysis compares Real Matters 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: 3.18x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 6.99x to 3.18x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2015-09-30 | $0.56 | $3.90 | x |
| 2016-09-30 | $1.21 | $3.90 | x |
| 2017-09-30 | $2.18 | $3.90 | x |
| 2018-09-30 | $1.96 | $3.90 | x |
| 2019-09-30 | $1.89 | $3.90 | x |
| 2020-09-30 | $2.36 | $3.90 | x |
| 2021-09-30 | $1.89 | $3.90 | x |
| 2022-09-30 | $1.50 | $3.90 | x |
| 2023-09-30 | $1.53 | $3.90 | x |
| 2024-09-30 | $1.57 | $3.90 | x |
| 2025-09-30 | $1.23 | $3.90 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Real Matters 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): -24.93%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -13.35%
- • Asset Turnover: 1.52x
- • Equity Multiplier: 1.23x
- Recent ROE (-24.93%) is below the historical average (-2.20%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | -10.52% | -2.99% | 2.16x | 1.62x | $-9.95 Million |
| 2016 | -5.96% | -2.53% | 1.30x | 1.81x | $-16.83 Million |
| 2017 | -12.94% | -7.93% | 1.34x | 1.22x | $-42.57 Million |
| 2018 | -2.26% | -1.43% | 1.42x | 1.12x | $-21.80 Million |
| 2019 | 5.26% | 2.78% | 1.59x | 1.19x | $-8.06 Million |
| 2020 | 20.09% | 9.21% | 1.83x | 1.19x | $21.09 Million |
| 2021 | 20.69% | 6.54% | 2.59x | 1.22x | $17.05 Million |
| 2022 | -8.06% | -2.73% | 2.48x | 1.19x | $-20.75 Million |
| 2023 | -5.53% | -3.77% | 1.27x | 1.15x | $-17.33 Million |
| 2024 | 0.02% | 0.01% | 1.29x | 1.16x | $-11.55 Million |
| 2025 | -24.93% | -13.35% | 1.52x | 1.23x | $-31.74 Million |
Industry Comparison
This section compares Real Matters Inc's net assets metrics with peer companies in the Real Estate Services industry.
Industry Context
- Industry: Real Estate Services
- Average net assets among peers: $860,434,363
- Average return on equity (ROE) among peers: -17.79%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Real Matters Inc (RLLMF) | $89.27 Million | -10.52% | 0.18x | $274.55 Million |
| Aroundtown SA (AANNF) | $2.43 Billion | 28.32% | 0.83x | $1.42 Billion |
| AAP Inc (AAPJ) | $-1.00 Million | 0.00% | 0.00x | $1.97 |
| Ambase Corp (ABCP) | $-4.12 Million | 0.00% | 0.00x | $6.43 Million |
| Americann Inc (ACAN) | $1.31 Million | -131.48% | 2.04x | $2.44K |
| Ascendas India Trust (ACNDF) | $1.32 Billion | 9.88% | 1.00x | $831.45 Million |
| Adler Group S.A (ADPPF) | $2.20 Billion | 17.61% | 0.90x | $41.80 Million |
| Agritek Holdings Inc (AGTK) | $487.65K | -21.43% | -0.50x | $5.39K |
| reAlpha Tech Corp. Common Stock (AIRE) | $13.17 Million | -41.42% | 0.60x | $32.30 Million |
| Avalon GloboCare Corp. (ALBT) | $7.31 Million | -47.40% | 0.73x | $2.25 Million |
| Allreal (ALRHF) | $2.64 Billion | 8.00% | 1.23x | $2.39 Billion |