Brack Capit N V
Brack Capital Properties N.V, a real estate company, owns and develops residential and commercial properties in Germany. The company's property portfolio includes multifamily properties; retail parks, power centers, shopping centers, and DIY big boxes; and residential development units. Brack Capital Properties N.V was founded in 2004 and is based in Amsterdam, the Netherlands.
Brack Capit N V (BCNV) - Net Assets
Latest net assets as of September 2023: ILA622.26 Million ILA
Based on the latest financial reports, Brack Capit N V (BCNV) has net assets worth ILA622.26 Million ILA as of September 2023.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (ILA1.30 Billion) and total liabilities (ILA677.67 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 | ILA622.26 Million |
| % of Total Assets | 47.87% |
| Annual Growth Rate | 13.15% |
| 5-Year Change | -8.27% |
| 10-Year Change | 115.69% |
| Growth Volatility | 17.32 |
Brack Capit N V - Net Assets Trend (2010–2022)
This chart illustrates how Brack Capit N V's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Brack Capit N V (2010–2022)
The table below shows the annual net assets of Brack Capit N V from 2010 to 2022.
| Year | Net Assets | Change |
|---|---|---|
| 2022-12-31 | ILA734.24 Million | -19.44% |
| 2021-12-31 | ILA911.43 Million | +7.81% |
| 2020-12-31 | ILA845.43 Million | +12.21% |
| 2019-12-31 | ILA753.44 Million | -5.87% |
| 2018-12-31 | ILA800.46 Million | +14.59% |
| 2017-12-31 | ILA698.57 Million | +34.32% |
| 2016-12-31 | ILA520.06 Million | +14.53% |
| 2015-12-31 | ILA454.10 Million | +19.76% |
| 2014-12-31 | ILA379.18 Million | +11.39% |
| 2013-12-31 | ILA340.42 Million | +17.82% |
| 2012-12-31 | ILA288.93 Million | +12.70% |
| 2011-12-31 | ILA256.36 Million | +53.72% |
| 2010-12-31 | ILA166.77 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Brack Capit N V'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 124.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2022)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ILA211.74 Million | 30.00% |
| Other Components | ILA493.99 Million | 70.00% |
| Total Equity | ILA705.73 Million | 100.00% |
Brack Capit N V Competitors by Market Cap
The table below lists competitors of Brack Capit N V ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
PT Multipolar Tbk
F:MLQ2
|
$4.13 Million |
|
GivBux Inc
PINK:GBUX
|
$4.14 Million |
|
GIIB Holdings Bhd
KLSE:7192
|
$4.14 Million |
|
UNION JACK OILLS -05
F:1UJ0
|
$4.14 Million |
|
THERMO FISHER SCIEN
BE:TN8
|
$4.13 Million |
|
WANDA HOTEL DEVEL. CO.
F:CL1A
|
$4.13 Million |
|
Country Heights Holdings Bhd
KLSE:5738
|
$4.13 Million |
|
INTUITIVE SURGICAL - Dusseldorf Stock Exchang
DU:IUI1
|
$4.12 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Brack Capit N V's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2021 to 2022, total equity changed from 876,290,000 to 705,732,000, a change of -170,558,000 (-19.5%).
- Net loss of 170,558,000 reduced equity.
Equity Change Factors (2021 to 2022)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ILA-170.56 Million | -24.17% |
| Total Change | ILA- | -19.46% |
Book Value vs Market Value Analysis
This analysis compares Brack Capit N V'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: 238.92x
- 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 286.39x to 238.92x 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 | ILA76.47 | ILA21900.00 | x |
| 2018-12-31 | ILA89.85 | ILA21900.00 | x |
| 2019-12-31 | ILA92.48 | ILA21900.00 | x |
| 2020-12-31 | ILA104.52 | ILA21900.00 | x |
| 2021-12-31 | ILA113.82 | ILA21900.00 | x |
| 2022-12-31 | ILA91.66 | ILA21900.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Brack Capit N V 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): -24.17%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -201.31%
- • Asset Turnover: 0.05x
- • Equity Multiplier: 2.22x
- Recent ROE (-24.17%) is below the historical average (9.59%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2010 | 7.91% | 35.10% | 0.11x | 2.12x | ILA-3.20 Million |
| 2011 | 18.32% | 63.74% | 0.08x | 3.66x | ILA15.59 Million |
| 2012 | 6.93% | 23.97% | 0.08x | 3.72x | ILA-6.52 Million |
| 2013 | 11.54% | 29.23% | 0.09x | 4.15x | ILA3.72 Million |
| 2014 | 13.57% | 21.41% | 0.15x | 4.29x | ILA9.99 Million |
| 2015 | 18.36% | 39.39% | 0.13x | 3.71x | ILA28.89 Million |
| 2016 | 18.20% | 44.45% | 0.12x | 3.28x | ILA34.36 Million |
| 2017 | 17.11% | 63.16% | 0.10x | 2.79x | ILA42.01 Million |
| 2018 | 14.53% | 59.75% | 0.09x | 2.62x | ILA31.45 Million |
| 2019 | 2.57% | 10.79% | 0.10x | 2.34x | ILA-52.89 Million |
| 2020 | 11.52% | 58.26% | 0.11x | 1.86x | ILA12.22 Million |
| 2021 | 8.29% | 79.64% | 0.05x | 2.00x | ILA-14.95 Million |
| 2022 | -24.17% | -201.31% | 0.05x | 2.22x | ILA-241.13 Million |
Industry Comparison
This section compares Brack Capit N V's net assets metrics with peer companies in the Real Estate Services industry.
Industry Context
- Industry: Real Estate Services
- Average net assets among peers: $3,135,411,111
- Average return on equity (ROE) among peers: 7.58%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Brack Capit N V (BCNV) | ILA622.26 Million | 7.91% | 1.09x | $4.13 Million |
| Adgar Investments and Development Ltd (ADGR) | $835.73 Million | 9.05% | 3.22x | $2.29 Million |
| Afi Properties Ltd (AFPR) | $4.49 Billion | 17.55% | 2.13x | $28.31 Million |
| Alony Hetz Properties and Investments Ltd (ALHE) | $6.06 Billion | 9.04% | 1.57x | $21.23 Million |
| Amot Investments Ltd (AMOT) | $7.60 Billion | 12.26% | 1.31x | $30.57 Million |
| Argo Properties NV (ARGO) | $231.84 Million | 9.77% | 0.49x | $7.87 Million |
| Ari Real Estate Arena Investment Ltd (ARIN) | $272.87 Million | -30.38% | 4.24x | $4.57 Million |
| ES Australia Israel Holdings Ltd (AUIS) | $100.51 Million | -2.75% | 0.01x | $149.05K |
| Big Shopping Centers Ltd (BIG) | $8.57 Billion | 12.23% | 2.14x | $52.08 Million |
| Buligo Capital Ltd (BLGO) | $60.63 Million | 31.49% | 0.06x | $1.27 Million |