Corem Property Group AB (publ)
Corem Property Group AB (publ), a real estate company, owns, manages, develops, and leases office, warehouse, logistics, and retail properties in Sweden, Denmark, and the United States. The company owns 266 properties with a total lettable area of 2,156 thousand square kilometers. Corem Property Group AB (publ) was founded in 1993 and is based in Stockholm, Sweden.
Corem Property Group AB (publ) (CORE-B) - Net Assets
Latest net assets as of December 2025: Skr16.49 Billion SEK
Based on the latest financial reports, Corem Property Group AB (publ) (CORE-B) has net assets worth Skr16.49 Billion SEK as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Skr53.13 Billion) and total liabilities (Skr36.64 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 | Skr16.49 Billion |
| % of Total Assets | 31.04% |
| Annual Growth Rate | 16.86% |
| 5-Year Change | -51.41% |
| 10-Year Change | 349.2% |
| Growth Volatility | 86.69 |
Corem Property Group AB (publ) - Net Assets Trend (2008–2025)
This chart illustrates how Corem Property Group AB (publ)'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Corem Property Group AB (publ) (2008–2025)
The table below shows the annual net assets of Corem Property Group AB (publ) from 2008 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | Skr16.49 Billion | -23.34% |
| 2024-12-31 | Skr21.51 Billion | -2.30% |
| 2023-12-31 | Skr22.02 Billion | -29.68% |
| 2022-12-31 | Skr31.31 Billion | -7.74% |
| 2021-12-31 | Skr33.94 Billion | +366.37% |
| 2020-12-31 | Skr7.28 Billion | -10.95% |
| 2019-12-31 | Skr8.17 Billion | +54.13% |
| 2018-12-31 | Skr5.30 Billion | +22.17% |
| 2017-12-31 | Skr4.34 Billion | +18.22% |
| 2016-12-31 | Skr3.67 Billion | +21.92% |
| 2015-12-31 | Skr3.01 Billion | +28.51% |
| 2014-12-31 | Skr2.34 Billion | -2.58% |
| 2013-12-31 | Skr2.40 Billion | +15.51% |
| 2012-12-31 | Skr2.08 Billion | +3.69% |
| 2011-12-31 | Skr2.01 Billion | -4.20% |
| 2010-12-31 | Skr2.10 Billion | +38.08% |
| 2009-12-31 | Skr1.52 Billion | +30.08% |
| 2008-12-31 | Skr1.17 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Corem Property Group AB (publ)'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 1200000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | Skr16.49 Billion | 100.00% |
| Total Equity | Skr16.49 Billion | 100.00% |
Corem Property Group AB (publ) Competitors by Market Cap
The table below lists competitors of Corem Property Group AB (publ) ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Malteries Franco-Belges Société Anonyme
PA:MALT
|
$222.25 Million |
|
Xingye Leather Technology Co Ltd
SHE:002674
|
$222.27 Million |
|
Anhui Coreach Technology Co Ltd
SHE:002983
|
$222.29 Million |
|
Bold Eagle Acquisition Corp. Class A Ordinary Shares
NASDAQ:BEAG
|
$222.34 Million |
|
Shanghai Welltech Automation Co Ltd
SHE:002058
|
$222.14 Million |
|
Clarity Pharmaceuticals Ltd
PINK:CLRPF
|
$222.09 Million |
|
HengFeng Information Technology Co Ltd
SHE:300605
|
$222.08 Million |
|
Anhui Wanyi Science and Technology Co Ltd
SHG:688600
|
$222.05 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Corem Property Group AB (publ)'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 21,511,000,000 to 16,490,000,000, a change of -5,021,000,000 (-23.3%).
- Net loss of 3,311,000,000 reduced equity.
- Dividend payments of 523,000,000 reduced retained earnings.
- Share repurchases of 3,000,000 reduced equity.
- New share issuances of 925,000,000 increased equity.
- Other comprehensive income decreased equity by 2,412,000,000.
- Other factors increased equity by 303,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Skr-3.31 Billion | -20.08% |
| Dividends Paid | Skr523.00 Million | -3.17% |
| Share Repurchases | Skr3.00 Million | -0.02% |
| Share Issuances | Skr925.00 Million | +5.61% |
| Other Comprehensive Income | Skr-2.41 Billion | -14.63% |
| Other Changes | Skr303.00 Million | +1.84% |
| Total Change | Skr- | -23.34% |
Book Value vs Market Value Analysis
This analysis compares Corem Property Group AB (publ)'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: 0.26x
- 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 decreased from 0.87x to 0.26x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2008-12-31 | Skr3.80 | Skr3.32 | x |
| 2009-12-31 | Skr4.37 | Skr3.32 | x |
| 2010-12-31 | Skr5.33 | Skr3.32 | x |
| 2011-12-31 | Skr4.84 | Skr3.32 | x |
| 2012-12-31 | Skr5.07 | Skr3.32 | x |
| 2013-12-31 | Skr5.79 | Skr3.32 | x |
| 2014-12-31 | Skr5.65 | Skr3.32 | x |
| 2015-12-31 | Skr7.46 | Skr3.32 | x |
| 2016-12-31 | Skr9.31 | Skr3.32 | x |
| 2017-12-31 | Skr11.67 | Skr3.32 | x |
| 2018-12-31 | Skr14.54 | Skr3.32 | x |
| 2019-12-31 | Skr22.43 | Skr3.32 | x |
| 2020-12-31 | Skr21.19 | Skr3.32 | x |
| 2021-12-31 | Skr45.01 | Skr3.32 | x |
| 2022-12-31 | Skr28.92 | Skr3.32 | x |
| 2023-12-31 | Skr20.40 | Skr3.32 | x |
| 2024-12-31 | Skr19.12 | Skr3.32 | x |
| 2025-12-31 | Skr12.86 | Skr3.32 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Corem Property Group AB (publ) 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): -20.08%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -95.56%
- • Asset Turnover: 0.07x
- • Equity Multiplier: 3.22x
- Recent ROE (-20.08%) is below the historical average (7.69%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | -21.59% | -64.45% | 0.08x | 4.02x | Skr-368.70 Million |
| 2009 | 14.89% | 50.90% | 0.09x | 3.39x | Skr74.20 Million |
| 2010 | 20.99% | 95.03% | 0.07x | 3.13x | Skr230.40 Million |
| 2011 | 1.74% | 7.04% | 0.07x | 3.43x | Skr-165.80 Million |
| 2012 | 8.41% | 32.17% | 0.07x | 3.50x | Skr-33.20 Million |
| 2013 | 15.47% | 66.91% | 0.07x | 3.22x | Skr131.50 Million |
| 2014 | 4.78% | 18.04% | 0.07x | 3.74x | Skr-122.30 Million |
| 2015 | 26.57% | 127.80% | 0.07x | 3.11x | Skr498.90 Million |
| 2016 | 24.93% | 123.65% | 0.06x | 3.30x | Skr547.90 Million |
| 2017 | 21.59% | 104.11% | 0.07x | 3.08x | Skr503.00 Million |
| 2018 | 22.31% | 122.59% | 0.06x | 2.96x | Skr652.80 Million |
| 2019 | 38.11% | 324.04% | 0.06x | 2.10x | Skr2.30 Billion |
| 2020 | -1.48% | -12.08% | 0.05x | 2.57x | Skr-835.70 Million |
| 2021 | 13.22% | 151.37% | 0.03x | 2.77x | Skr1.07 Billion |
| 2022 | 9.70% | 67.56% | 0.05x | 2.91x | Skr-92.80 Million |
| 2023 | -36.22% | -187.79% | 0.07x | 2.95x | Skr-10.17 Billion |
| 2024 | -4.92% | -28.66% | 0.06x | 2.87x | Skr-3.21 Billion |
| 2025 | -20.08% | -95.56% | 0.07x | 3.22x | Skr-4.96 Billion |
Industry Comparison
This section compares Corem Property Group AB (publ)'s net assets metrics with peer companies in the Real Estate - Diversified industry.
Industry Context
- Industry: Real Estate - Diversified
- Average net assets among peers: $3,028,989,333
- Average return on equity (ROE) among peers: 13.42%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Corem Property Group AB (publ) (CORE-B) | Skr16.49 Billion | -21.59% | 2.22x | $222.16 Million |
| Acrinova AB (ACRI-A) | $941.29 Million | 8.43% | 1.23x | $19.93 Million |
| Acrinova AB Series B (ACRI-B) | $183.45 Million | 10.12% | 1.09x | $29.98 Million |
| ALM Equity AB (publ) (ALM) | $365.83 Million | 13.44% | 1.56x | $29.37 Million |
| ALM Equity AB Pfd. (ALM-PREF) | $803.64 Million | 17.92% | 1.46x | $51.67 Million |
| Catena AB (CATE) | $6.32 Billion | 19.37% | 1.81x | $2.41 Billion |
| Cibus Nordic Real Estate AB (publ) (CIBUS) | $328.68 Million | 16.89% | 1.58x | $1.03 Billion |
| Dios Fastigheter AB (DIOS) | $3.37 Billion | 8.83% | 2.67x | $587.41 Million |
| FastPartner AB (publ) (FPAR-A) | $897.60 Million | 14.15% | 2.98x | $176.97 Million |
| FastPartner AB Series D (FPAR-D) | $14.06 Billion | 11.61% | 1.36x | $294.76 Million |