One United Properties SA

RO:ONE Romania Real Estate - Development
Market Cap
$695.76 Million
RON3.37 Billion RON
Market Cap Rank
#12971 Global
#13 in Romania
Share Price
RON30.50
Change (1 day)
-2.24%
52-Week Range
RON17.00 - RON35.20
All Time High
RON35.20
About

One United Properties SA, together with its subsidiaries, develops and sells real estate properties in Romania. It operates through Office, Retail, and Landbank; and Residential segments. The company engages in the investment and development of residential, mixed-use, commercial, and office real estate projects under the One brand. It also provides architecture services for group and non-group pr… Read more

One United Properties SA (ONE) - Net Assets

Latest net assets as of September 2025: RON3.77 Billion RON

Based on the latest financial reports, One United Properties SA (ONE) has net assets worth RON3.77 Billion RON as of September 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RON6.12 Billion) and total liabilities (RON2.35 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 RON3.77 Billion
% of Total Assets 61.58%
Annual Growth Rate 28.06%
5-Year Change N/A
10-Year Change N/A
Growth Volatility 17.6

One United Properties SA - Net Assets Trend (2021–2024)

This chart illustrates how One United Properties SA's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for One United Properties SA (2021–2024)

The table below shows the annual net assets of One United Properties SA from 2021 to 2024.

Year Net Assets Change
2024-12-31 RON3.46 Billion +20.82%
2023-12-31 RON2.86 Billion +13.10%
2022-12-31 RON2.53 Billion +53.70%
2021-12-31 RON1.65 Billion --

Equity Component Analysis

This analysis shows how different components contribute to One United Properties SA'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 116.5% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings RON1.71 Billion 57.77%
Other Components RON1.25 Billion 42.23%
Total Equity RON2.97 Billion 100.00%

One United Properties SA Competitors by Market Cap

The table below lists competitors of One United Properties SA ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in One United Properties SA's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 2,390,739,270 to 2,967,692,675, a change of 576,953,405 (24.1%).
  • Net income of 324,326,914 contributed positively to equity growth.
  • Dividend payments of 120,223,154 reduced retained earnings.
  • Share repurchases of 10,858,214 reduced equity.
  • New share issuances of 340,059,509 increased equity.
  • Other factors increased equity by 43,648,350.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income RON324.33 Million +10.93%
Dividends Paid RON120.22 Million -4.05%
Share Repurchases RON10.86 Million -0.37%
Share Issuances RON340.06 Million +11.46%
Other Changes RON43.65 Million +1.47%
Total Change RON- 24.13%

Book Value vs Market Value Analysis

This analysis compares One United Properties SA'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: 1.14x
  • 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 1.47x to 1.14x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2022-12-31 RON20.76 RON30.50 x
2023-12-31 RON23.93 RON30.50 x
2024-12-31 RON26.84 RON30.50 x

Capital Efficiency Dashboard

This dashboard shows how efficiently One United Properties SA 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): 10.93%
  • The company shows good efficiency in utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 25.08%
  • • Asset Turnover: 0.23x
  • • Equity Multiplier: 1.86x
  • Recent ROE (10.93%) is below the historical average (19.94%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2021 29.56% 54.72% 0.26x 2.11x RON258.96 Million
2022 21.85% 52.10% 0.20x 2.09x RON239.76 Million
2023 17.40% 33.05% 0.25x 2.09x RON176.89 Million
2024 10.93% 25.08% 0.23x 1.86x RON27.56 Million

Industry Comparison

This section compares One United Properties SA's net assets metrics with peer companies in the Real Estate - Development industry.

Industry Context

  • Industry: Real Estate - Development
  • Average net assets among peers: $889,620,000
  • Average return on equity (ROE) among peers: 9.62%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
One United Properties SA (ONE) RON3.77 Billion 29.56% 0.62x $293.67 Million
Impact Develop (IMP) $889.62 Million 9.62% 0.62x $99.80 Million