Altus Property Ventures Inc
Altus Property Ventures Inc operates in Real Estate Development.
Altus Property Ventures Inc (APVI) - Net Assets
Latest net assets as of June 2023: ₱844.80 Million PHP
Based on the latest financial reports, Altus Property Ventures Inc (APVI) has net assets worth ₱844.80 Million PHP as of June 2023.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₱984.79 Million) and total liabilities (₱139.99 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 | ₱844.80 Million |
| % of Total Assets | 85.78% |
| Annual Growth Rate | 3.29% |
| 5-Year Change | 25.52% |
| 10-Year Change | N/A |
| Growth Volatility | 8.91 |
Altus Property Ventures Inc - Net Assets Trend (2017–2022)
This chart illustrates how Altus Property Ventures 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 Altus Property Ventures Inc (2017–2022)
The table below shows the annual net assets of Altus Property Ventures Inc from 2017 to 2022.
| Year | Net Assets | Change |
|---|---|---|
| 2022-12-31 | ₱780.32 Million | +16.13% |
| 2021-12-31 | ₱671.92 Million | +10.73% |
| 2020-12-31 | ₱606.83 Million | +3.70% |
| 2019-12-31 | ₱585.17 Million | -5.87% |
| 2018-12-31 | ₱621.68 Million | -6.35% |
| 2017-12-31 | ₱663.81 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Altus Property Ventures 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 102.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2022)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₱229.74 Million | 29.44% |
| Common Stock | ₱100.00 Million | 12.82% |
| Other Components | ₱450.58 Million | 57.74% |
| Total Equity | ₱780.32 Million | 100.00% |
Altus Property Ventures Inc Competitors by Market Cap
The table below lists competitors of Altus Property Ventures Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
TECIL Chemicals and Hydro Power Limited
NSE:TECILCHEM
|
$1.34K |
|
TURNSTAR HOLDINGS LIMITED
XBOT:TURN-EQU
|
$1.34K |
|
Tourism Urbanization
EGX:TOUR
|
$1.35K |
|
Fidelity Emerging Markets Ord
LSE:FEML
|
$1.35K |
|
Litigation Capital Management Limited
LSE:LIT
|
$1.34K |
|
Tongxin International Ltd
PINK:TXIC
|
$1.34K |
|
LTMH Public Company Limited
BK:LTMH
|
$1.34K |
|
G Enone Energy Co. Ltd.
KO:270520
|
$1.33K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Altus Property Ventures Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2021 to 2022, total equity changed from 671,924,870 to 780,315,790, a change of 108,390,920 (16.1%).
- Net income of 107,958,230 contributed positively to equity growth.
Equity Change Factors (2021 to 2022)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₱107.96 Million | +13.84% |
| Other Changes | ₱432.69K | +0.06% |
| Total Change | ₱- | 16.13% |
Book Value vs Market Value Analysis
This analysis compares Altus Property Ventures 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: 1.08x
- 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 1.27x to 1.08x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | ₱6.64 | ₱8.41 | x |
| 2018-12-31 | ₱6.22 | ₱8.41 | x |
| 2019-12-31 | ₱5.85 | ₱8.41 | x |
| 2020-12-31 | ₱6.07 | ₱8.41 | x |
| 2021-12-31 | ₱6.72 | ₱8.41 | x |
| 2022-12-31 | ₱7.80 | ₱8.41 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Altus Property Ventures 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): 13.84%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 55.53%
- • Asset Turnover: 0.21x
- • Equity Multiplier: 1.17x
- Recent ROE (13.84%) is above the historical average (9.10%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 7.17% | 40.79% | 0.15x | 1.15x | ₱-18.76 Million |
| 2018 | 9.30% | 44.74% | 0.18x | 1.15x | ₱-4.35 Million |
| 2019 | 11.02% | 48.14% | 0.20x | 1.17x | ₱5.97 Million |
| 2020 | 3.62% | 31.38% | 0.10x | 1.16x | ₱-38.73 Million |
| 2021 | 9.65% | 50.13% | 0.16x | 1.18x | ₱-2.35 Million |
| 2022 | 13.84% | 55.53% | 0.21x | 1.17x | ₱29.93 Million |
Industry Comparison
This section compares Altus Property Ventures Inc's net assets metrics with peer companies in the Real Estate Operations industry.
Industry Context
- Industry: Real Estate Operations
- Average net assets among peers: $9,212,559,158
- Average return on equity (ROE) among peers: 10.23%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Altus Property Ventures Inc (APVI) | ₱844.80 Million | 7.17% | 0.17x | $1.34K |
| ArthaLand Corp (ALCO) | $5.24 Billion | 6.36% | 1.35x | $73.73 |
| ArthaLand Corp Preferred Series D (ALCPD) | $5.11 Billion | 16.44% | 0.97x | $77.23K |
| Anchor Land Holdings Inc (ALHI) | $5.55 Billion | 11.94% | 2.20x | $741.24 |
| Belle Corp (BEL) | $26.47 Billion | 10.00% | 0.61x | $207.61 |
| A Brown Company Inc (BRN) | $4.25 Billion | 6.92% | 0.53x | $132.46 |
| Cityland Development Corp (CDC) | $6.74 Billion | 7.20% | 0.44x | $89.06 |
| Crown Equities Inc (CEI) | $2.03 Billion | 1.37% | 0.17x | $12.50 |
| Cebu Landmasters Inc (CLI) | $6.04 Billion | 27.60% | 3.21x | $386.11 |
| Century Properties Group Inc (CPG) | $21.48 Billion | 4.20% | 1.51x | $107.55 |