Argo Properties NV (ARGO) - Net Assets
Based on the latest financial reports, Argo Properties NV (ARGO) has net assets worth ILA419.42 Million ILA (≈ $1.12 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (ILA839.37 Million ≈ $2.25 Million USD) and total liabilities (ILA419.95 Million ≈ $1.13 Million USD). 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. Check Argo Properties NV (ARGO) strategic asset index to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ILA419.42 Million |
| % of Total Assets | 49.97% |
| Annual Growth Rate | 20.3% |
| 5-Year Change | 80.91% |
| 10-Year Change | N/A |
| Growth Volatility | 21.21 |
Argo Properties NV - Net Assets Trend (2019–2024)
This chart illustrates how Argo Properties NV's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see ARGO market cap.
Annual Net Assets for Argo Properties NV (2019–2024)
The table below shows the annual net assets of Argo Properties NV from 2019 to 2024. Also explore ARGO net asset momentum to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ILA419.42 Million ≈ $1.12 Million |
+27.00% |
| 2023-12-31 | ILA330.24 Million ≈ $885.37K |
-11.05% |
| 2022-12-31 | ILA371.29 Million ≈ $995.41K |
+8.56% |
| 2021-12-31 | ILA342.02 Million ≈ $916.96K |
+47.53% |
| 2020-12-31 | ILA231.84 Million ≈ $621.55K |
+39.31% |
| 2019-12-31 | ILA166.42 Million ≈ $446.18K |
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Equity Component Analysis
This analysis shows how different components contribute to Argo Properties NV'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 1143.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ILA23.37 Million | 5.57% |
| Common Stock | ILA206.00K | 0.05% |
| Other Components | ILA395.84 Million | 94.38% |
| Total Equity | ILA419.42 Million | 100.00% |
Argo Properties NV Competitors by Market Cap
The table below lists competitors of Argo Properties NV ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Jiangmen iDear-Hanyu Electrical Joint-Stock Co Ltd
SHE:300403
|
$764.14 Million |
|
Tanac Automation Co Ltd
SHE:300461
|
$764.16 Million |
|
Jianglong Shipbuilding Co Ltd
SHE:300589
|
$764.31 Million |
|
Westrock Coffee Company
NASDAQ:WEST
|
$764.85 Million |
|
Hextar Global Bhd
KLSE:5151
|
$763.84 Million |
|
Yan Tai Shuang Ta Food Co Ltd
SHE:002481
|
$763.64 Million |
|
Sinopec Oilfield Equipment Corp
SHE:000852
|
$763.63 Million |
|
Risesun Real Estate Development Co Ltd
SHE:002146
|
$763.53 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Argo Properties NV's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 330,243,000 to 419,417,000, a change of 89,174,000 (27.0%).
- Net income of 35,184,000 contributed positively to equity growth.
- New share issuances of 50,438,000 increased equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ILA35.18 Million | +8.39% |
| Share Issuances | ILA50.44 Million | +12.03% |
| Other Changes | ILA3.55 Million | +0.85% |
| Total Change | ILA- | 27.00% |
Book Value vs Market Value Analysis
This analysis compares Argo Properties NV'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: 577.29x
- 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 1394.40x to 577.29x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | ILA9.19 | ILA12820.00 | x |
| 2020-12-31 | ILA12.81 | ILA12820.00 | x |
| 2021-12-31 | ILA20.13 | ILA12820.00 | x |
| 2022-12-31 | ILA20.51 | ILA12820.00 | x |
| 2023-12-31 | ILA18.24 | ILA12820.00 | x |
| 2024-12-31 | ILA22.21 | ILA12820.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Argo Properties NV 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): 8.39%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 93.21%
- • Asset Turnover: 0.04x
- • Equity Multiplier: 2.00x
- Recent ROE (8.39%) is above the historical average (6.89%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 11.82% | 336.55% | 0.03x | 1.35x | ILA3.03 Million |
| 2020 | 9.77% | 232.57% | 0.03x | 1.49x | ILA-522.00K |
| 2021 | 17.20% | 394.21% | 0.03x | 1.57x | ILA24.63 Million |
| 2022 | 7.35% | 120.18% | 0.03x | 1.92x | ILA-9.85 Million |
| 2023 | -13.17% | -148.02% | 0.04x | 2.14x | ILA-76.52 Million |
| 2024 | 8.39% | 93.21% | 0.04x | 2.00x | ILA-6.76 Million |
Industry Comparison
This section compares Argo Properties NV's net assets metrics with peer companies in the Real Estate Services industry.
Industry Context
- Industry: Real Estate Services
- Average net assets among peers: $3,599,337,111
- Average return on equity (ROE) among peers: 4.35%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Argo Properties NV (ARGO) | ILA419.42 Million | 11.82% | 1.00x | $764.06 Million |
| Adgar Investments and Development Ltd (ADGR) | $840.11 Million | 4.73% | 3.66x | $202.15 Million |
| Afi Properties Ltd (AFPR) | $2.66 Billion | -0.09% | 1.68x | $2.03 Billion |
| Alony Hetz Properties and Investments Ltd (ALHE) | $4.75 Billion | 7.41% | 1.66x | $1.87 Billion |
| Amot Investments Ltd (AMOT) | $1.24 Billion | 13.03% | 2.83x | $2.67 Billion |
| Ari Real Estate Arena Investment Ltd (ARIN) | $765.64 Million | -1.42% | 1.29x | $482.59 Million |
| Airport City Ltd (ARPT) | $9.87 Billion | 2.57% | 0.88x | $1.54 Billion |
| Aspen Group Ltd (ASGR) | $703.33 Million | 6.02% | 3.12x | $104.49 Million |
| ES Australia Israel Holdings Ltd (AUIS) | $102.46 Million | 1.71% | 0.03x | $12.52 Million |
| Azrieli Group Ltd (AZRG) | $11.46 Billion | 5.20% | 1.02x | $13.09 Billion |
About Argo Properties NV
ARGO Properties N.V. operates as a real estate company in Germany. The company is involved in residential real estate; and conversion and development of office spaces. ARGO Properties N.V. was incorporated in 2018 and is based in Amsterdam, the Netherlands.