SF Urban Properties AG
SF Urban Properties AG, a real estate company, engages in the development of real estate properties in Switzerland. It invests in commercial, residential, and development properties. The company was formerly known as Swiss Finance & Property Investment AG and changed its name to SF Urban Properties AG in April 2019. SF Urban Properties AG was founded in 2001 and is based in Zurich, Switzerland.
SF Urban Properties AG (SFPN) - Net Assets
Latest net assets as of June 2025: CHF385.85 Million CHF
Based on the latest financial reports, SF Urban Properties AG (SFPN) has net assets worth CHF385.85 Million CHF as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CHF894.00 Million) and total liabilities (CHF508.15 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 | CHF385.85 Million |
| % of Total Assets | 43.16% |
| Annual Growth Rate | 9.53% |
| 5-Year Change | 14.49% |
| 10-Year Change | 75.09% |
| Growth Volatility | 16.69 |
SF Urban Properties AG - Net Assets Trend (2009–2024)
This chart illustrates how SF Urban Properties AG's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for SF Urban Properties AG (2009–2024)
The table below shows the annual net assets of SF Urban Properties AG from 2009 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CHF374.83 Million | -1.35% |
| 2023-12-31 | CHF379.97 Million | -6.51% |
| 2022-12-31 | CHF406.42 Million | +11.50% |
| 2021-12-31 | CHF364.51 Million | +11.34% |
| 2020-12-31 | CHF327.39 Million | +2.55% |
| 2019-12-31 | CHF319.26 Million | -0.42% |
| 2018-12-31 | CHF320.60 Million | +0.57% |
| 2017-12-31 | CHF318.78 Million | +29.32% |
| 2016-12-31 | CHF246.51 Million | +15.15% |
| 2015-12-31 | CHF214.07 Million | +6.87% |
| 2014-12-31 | CHF200.30 Million | -5.66% |
| 2013-12-31 | CHF212.32 Million | +3.29% |
| 2012-12-31 | CHF205.56 Million | +55.83% |
| 2011-12-31 | CHF131.91 Million | +1.67% |
| 2010-12-31 | CHF129.75 Million | +35.66% |
| 2009-12-31 | CHF95.64 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to SF Urban Properties AG'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 6470.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CHF276.15 Million | 73.91% |
| Common Stock | CHF30.17 Million | 8.07% |
| Other Comprehensive Income | CHF-13.67 Million | -3.66% |
| Other Components | CHF80.99 Million | 21.68% |
| Total Equity | CHF373.63 Million | 100.00% |
SF Urban Properties AG Competitors by Market Cap
The table below lists competitors of SF Urban Properties AG ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Xiamen Guang Pu Electronics Co Ltd
SHE:300632
|
$325.38 Million |
|
Beijing SPC Environment Protection Tech Co Ltd
SHE:002573
|
$325.38 Million |
|
Braskem S.A.
SA:BRKM3
|
$325.42 Million |
|
Masterwork Machinery
SHE:300195
|
$325.46 Million |
|
Guangbo Group Stock Co Ltd
SHE:002103
|
$325.29 Million |
|
Pubang Landscape Architecture Co Ltd
SHE:002663
|
$325.17 Million |
|
Jiangsu Apon Medical Technology Co Ltd Class A
SHE:300753
|
$325.11 Million |
|
Clearfield Inc
NASDAQ:CLFD
|
$325.11 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in SF Urban Properties AG's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 379,341,000 to 373,629,000, a change of -5,712,000 (-1.5%).
- Net income of 15,970,000 contributed positively to equity growth.
- Dividend payments of 2,346,000 reduced retained earnings.
- Share repurchases of 9,721,000 reduced equity.
- Other comprehensive income decreased equity by 9,614,999.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CHF15.97 Million | +4.27% |
| Dividends Paid | CHF2.35 Million | -0.63% |
| Share Repurchases | CHF9.72 Million | -2.6% |
| Other Comprehensive Income | CHF-9.61 Million | -2.57% |
| Other Changes | CHF-1.00 | -0.0% |
| Total Change | CHF- | -1.51% |
Book Value vs Market Value Analysis
This analysis compares SF Urban Properties AG'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: 0.98x
- 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 1.43x to 0.98x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2009-12-31 | CHF76.09 | CHF109.00 | x |
| 2010-12-31 | CHF101.29 | CHF109.00 | x |
| 2011-12-31 | CHF15.77 | CHF109.00 | x |
| 2012-12-31 | CHF91.44 | CHF109.00 | x |
| 2013-12-31 | CHF85.13 | CHF109.00 | x |
| 2014-12-31 | CHF80.31 | CHF109.00 | x |
| 2015-12-31 | CHF85.84 | CHF109.00 | x |
| 2016-12-31 | CHF96.22 | CHF109.00 | x |
| 2017-12-31 | CHF105.98 | CHF109.00 | x |
| 2018-12-31 | CHF95.65 | CHF109.00 | x |
| 2019-12-31 | CHF95.22 | CHF109.00 | x |
| 2020-12-31 | CHF97.69 | CHF109.00 | x |
| 2021-12-31 | CHF108.36 | CHF109.00 | x |
| 2022-12-31 | CHF120.36 | CHF109.00 | x |
| 2023-12-31 | CHF113.17 | CHF109.00 | x |
| 2024-12-31 | CHF111.46 | CHF109.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently SF Urban Properties AG 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): 4.27%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 30.74%
- • Asset Turnover: 0.06x
- • Equity Multiplier: 2.34x
- Recent ROE (4.27%) is below the historical average (6.19%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2009 | 4.39% | 45.62% | 0.05x | 1.77x | CHF-5.36 Million |
| 2010 | 5.50% | 68.54% | 0.04x | 1.87x | CHF-5.83 Million |
| 2011 | 6.87% | 69.05% | 0.04x | 2.25x | CHF-4.13 Million |
| 2012 | 7.26% | 100.87% | 0.04x | 1.75x | CHF-5.64 Million |
| 2013 | 4.07% | 52.24% | 0.04x | 2.03x | CHF-12.59 Million |
| 2014 | 5.27% | 60.52% | 0.04x | 2.29x | CHF-9.48 Million |
| 2015 | 10.60% | 71.57% | 0.06x | 2.35x | CHF1.27 Million |
| 2016 | 9.91% | 63.89% | 0.07x | 2.19x | CHF-210.20K |
| 2017 | 6.06% | 69.92% | 0.04x | 2.03x | CHF-12.55 Million |
| 2018 | 4.18% | 37.09% | 0.05x | 2.12x | CHF-18.67 Million |
| 2019 | 5.80% | 67.78% | 0.04x | 2.15x | CHF-13.39 Million |
| 2020 | 7.01% | 51.33% | 0.06x | 2.15x | CHF-9.78 Million |
| 2021 | 11.16% | 81.59% | 0.06x | 2.19x | CHF4.21 Million |
| 2022 | 6.65% | 41.91% | 0.07x | 2.14x | CHF-13.53 Million |
| 2023 | 0.08% | 0.62% | 0.06x | 2.21x | CHF-37.61 Million |
| 2024 | 4.27% | 30.74% | 0.06x | 2.34x | CHF-21.39 Million |
Industry Comparison
This section compares SF Urban Properties AG's net assets metrics with peer companies in the Real Estate Services industry.
Industry Context
- Industry: Real Estate Services
- Average net assets among peers: $687,189,413
- Average return on equity (ROE) among peers: 12.23%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| SF Urban Properties AG (SFPN) | CHF385.85 Million | 4.39% | 1.32x | $325.38 Million |
| Allreal Holding (ALLN) | $2.35 Billion | 9.98% | 1.02x | $3.41 Billion |
| CI Com SA (CIE) | $-5.43 Million | 0.00% | 0.00x | $83.71K |
| EPIC Suisse AG (EPIC) | $569.17 Million | 6.04% | 1.72x | $331.03 Million |
| Fundamenta Real Estate AG (FREN) | $369.27 Million | 6.22% | 1.05x | $599.18 Million |
| Investis Holding SA (IREN) | $393.73 Million | 6.70% | 1.37x | $450.20 Million |
| Intershop Holding AG (ISN) | $557.52 Million | 10.08% | 1.52x | $1.61 Billion |
| Mobimo Hldg (MOBN) | $1.65 Billion | 8.43% | 1.28x | $2.99 Billion |
| Peach Property Group AG (PEAN) | $23.46 Million | 52.28% | 4.79x | $50.26 Million |
| Varia US Properties Ltd (VARN) | $270.38 Million | 10.38% | 1.47x | $118.71 Million |