Altus Group Limited (AIF) - Net Assets
Based on the latest financial reports, Altus Group Limited (AIF) has net assets worth CA$828.94 Million CAD as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$1.27 Billion) and total liabilities (CA$438.23 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 | CA$828.94 Million |
| % of Total Assets | 65.42% |
| Annual Growth Rate | 12.81% |
| 5-Year Change | 60.97% |
| 10-Year Change | 76.05% |
| Growth Volatility | 5227.91 |
Altus Group Limited - Net Assets Trend (1998–2024)
This chart illustrates how Altus Group Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Altus Group Limited (1998–2024)
The table below shows the annual net assets of Altus Group Limited from 1998 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CA$617.22 Million | +2.44% |
| 2023-12-31 | CA$602.54 Million | +0.44% |
| 2022-12-31 | CA$599.87 Million | +1.78% |
| 2021-12-31 | CA$589.36 Million | +53.70% |
| 2020-12-31 | CA$383.45 Million | +6.62% |
| 2019-12-31 | CA$359.65 Million | +0.34% |
| 2018-12-31 | CA$358.43 Million | -13.02% |
| 2017-12-31 | CA$412.06 Million | +20.98% |
| 2016-12-31 | CA$340.59 Million | -2.85% |
| 2015-12-31 | CA$350.60 Million | +28.37% |
| 2014-12-31 | CA$273.10 Million | +35.06% |
| 2013-12-31 | CA$202.21 Million | +62.56% |
| 2012-12-31 | CA$124.39 Million | -17.62% |
| 2011-12-31 | CA$150.99 Million | +6.06% |
| 2010-12-31 | CA$142.37 Million | -31.97% |
| 2009-12-31 | CA$209.26 Million | -7.39% |
| 2008-12-31 | CA$225.96 Million | +15.05% |
| 2007-12-31 | CA$196.41 Million | +32.34% |
| 2006-12-31 | CA$148.41 Million | +40.89% |
| 2005-12-31 | CA$105.33 Million | +6.81% |
| 2004-12-31 | CA$98.61 Million | +26682.47% |
| 2002-12-31 | CA$368.20K | -13.23% |
| 2001-12-31 | CA$424.32K | -6.19% |
| 2000-12-31 | CA$452.33K | -18.80% |
| 1999-12-31 | CA$557.05K | -97.93% |
| 1998-12-31 | CA$26.86 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Altus Group Limited'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 decreased by 2990.6% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CA$798.09 Million | 129.30% |
| Other Comprehensive Income | CA$73.67 Million | 11.94% |
| Other Components | CA$21.39 Million | 3.47% |
| Total Equity | CA$617.22 Million | 100.00% |
Altus Group Limited Competitors by Market Cap
The table below lists competitors of Altus Group Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Triumph Financial, Inc.
NYSE:TFIN
|
$1.48 Billion |
|
Hunan Boyun New Materials Co Ltd
SHE:002297
|
$1.48 Billion |
|
Progyny Inc
NASDAQ:PGNY
|
$1.48 Billion |
|
Pebblebrook Hotel Trust
NYSE:PEB
|
$1.48 Billion |
|
HuBei SanFeng Intelligent Conveying Equipment Co Ltd
SHE:300276
|
$1.48 Billion |
|
Nyfosa AB
IL:0A0K
|
$1.48 Billion |
|
Zensar Technologies Limited
NSE:ZENSARTECH
|
$1.48 Billion |
|
Shenzhen Phoenix Telecom Technology Co. Ltd.
SHE:301191
|
$1.48 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Altus Group Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 602,537,000 to 617,220,000, a change of 14,683,000 (2.4%).
- Net income of 13,423,000 contributed positively to equity growth.
- Dividend payments of 24,726,000 reduced retained earnings.
- Share repurchases of 14,526,000 reduced equity.
- Other comprehensive income increased equity by 31,240,000.
- Other factors increased equity by 9,272,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$13.42 Million | +2.17% |
| Dividends Paid | CA$24.73 Million | -4.01% |
| Share Repurchases | CA$14.53 Million | -2.35% |
| Other Comprehensive Income | CA$31.24 Million | +5.06% |
| Other Changes | CA$9.27 Million | +1.5% |
| Total Change | CA$- | 2.44% |
Book Value vs Market Value Analysis
This analysis compares Altus Group Limited'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: 3.85x
- 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 62.70x to 3.85x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1998-12-31 | CA$0.81 | CA$50.76 | x |
| 1999-12-31 | CA$0.41 | CA$50.76 | x |
| 2000-12-31 | CA$0.10 | CA$50.76 | x |
| 2001-12-31 | CA$0.09 | CA$50.76 | x |
| 2002-12-31 | CA$0.01 | CA$50.76 | x |
| 2004-12-31 | CA$8.22 | CA$50.76 | x |
| 2005-12-31 | CA$6.30 | CA$50.76 | x |
| 2006-12-31 | CA$7.28 | CA$50.76 | x |
| 2007-12-31 | CA$8.78 | CA$50.76 | x |
| 2008-12-31 | CA$10.10 | CA$50.76 | x |
| 2009-12-31 | CA$8.59 | CA$50.76 | x |
| 2010-12-31 | CA$7.14 | CA$50.76 | x |
| 2011-12-31 | CA$6.61 | CA$50.76 | x |
| 2012-12-31 | CA$5.16 | CA$50.76 | x |
| 2013-12-31 | CA$6.69 | CA$50.76 | x |
| 2014-12-31 | CA$8.89 | CA$50.76 | x |
| 2015-12-31 | CA$10.37 | CA$50.76 | x |
| 2016-12-31 | CA$9.09 | CA$50.76 | x |
| 2017-12-31 | CA$10.66 | CA$50.76 | x |
| 2018-12-31 | CA$9.25 | CA$50.76 | x |
| 2019-12-31 | CA$8.97 | CA$50.76 | x |
| 2020-12-31 | CA$9.30 | CA$50.76 | x |
| 2021-12-31 | CA$13.74 | CA$50.76 | x |
| 2022-12-31 | CA$13.44 | CA$50.76 | x |
| 2023-12-31 | CA$13.12 | CA$50.76 | x |
| 2024-12-31 | CA$13.20 | CA$50.76 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Altus Group Limited 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): 2.17%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.58%
- • Asset Turnover: 0.42x
- • Equity Multiplier: 2.03x
- Recent ROE (2.17%) is above the historical average (0.26%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1998 | 14.82% | 5.65% | 1.10x | 2.39x | CA$1.30 Million |
| 1999 | -4.83% | -0.02% | 225.44x | 1.01x | CA$-82.63K |
| 2000 | -23.15% | 0.00% | 0.00x | 1.06x | CA$-149.96K |
| 2001 | -12.49% | 0.00% | 0.00x | 1.03x | CA$-95.44K |
| 2002 | -15.24% | 0.00% | 0.00x | 1.09x | CA$-92.95K |
| 2004 | -10.43% | -12.04% | 0.40x | 2.18x | CA$-13.44 Million |
| 2005 | 8.21% | 15.02% | 0.28x | 1.98x | CA$-1.29 Million |
| 2006 | 6.33% | 6.62% | 0.48x | 2.01x | CA$-3.69 Million |
| 2007 | 4.72% | 4.37% | 0.54x | 2.00x | CA$-7.23 Million |
| 2008 | 4.80% | 4.52% | 0.66x | 1.62x | CA$-10.24 Million |
| 2009 | 1.82% | 1.54% | 0.65x | 1.82x | CA$-15.22 Million |
| 2010 | -6.51% | -3.67% | 0.69x | 2.56x | CA$-23.51 Million |
| 2011 | -12.13% | -6.86% | 0.57x | 3.09x | CA$-33.41 Million |
| 2012 | -10.17% | -4.42% | 0.68x | 3.36x | CA$-25.09 Million |
| 2013 | 9.20% | 6.26% | 0.67x | 2.19x | CA$-1.61 Million |
| 2014 | 4.82% | 3.87% | 0.62x | 2.01x | CA$-14.14 Million |
| 2015 | 2.64% | 2.22% | 0.70x | 1.70x | CA$-25.81 Million |
| 2016 | 4.19% | 3.22% | 0.75x | 1.73x | CA$-19.79 Million |
| 2017 | 26.55% | 22.96% | 0.66x | 1.76x | CA$68.21 Million |
| 2018 | -5.14% | -3.61% | 0.78x | 1.84x | CA$-54.28 Million |
| 2019 | 5.06% | 3.46% | 0.72x | 2.04x | CA$-17.77 Million |
| 2020 | 5.59% | 3.82% | 0.76x | 1.92x | CA$-16.91 Million |
| 2021 | 4.36% | 4.11% | 0.52x | 2.03x | CA$-33.26 Million |
| 2022 | -0.15% | -0.12% | 0.58x | 2.11x | CA$-60.87 Million |
| 2023 | 1.70% | 2.01% | 0.42x | 2.02x | CA$-50.02 Million |
| 2024 | 2.17% | 2.58% | 0.42x | 2.03x | CA$-48.30 Million |
Industry Comparison
This section compares Altus Group Limited's net assets metrics with peer companies in the Real Estate Services industry.
Industry Context
- Industry: Real Estate Services
- Average net assets among peers: $118,260,158
- Average return on equity (ROE) among peers: -0.79%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Altus Group Limited (AIF) | CA$828.94 Million | 14.82% | 0.53x | $1.48 Billion |
| Becker Milk Co Ltd Cl B Nv Spec (BEK-B.TO (BEK-B) | $33.02 Million | 6.83% | 0.14x | $11.92 Million |
| Bridgemarq Real Estate Services Inc (BRE) | $-26.68 Million | 0.00% | 0.00x | $95.02 Million |
| Comet Industries Ltd (CMU) | $1.74 Million | 20.68% | 0.52x | $21.58 Million |
| DLC Holdings Corp (DLC) | $11.39 Million | 11.57% | 0.12x | $1.37 Million |
| Gulf & Pacific Equities Corp (GUF) | $21.98 Million | 5.28% | 1.35x | $8.05 Million |
| Halmont Properties Corporation (HMT) | $43.07 Million | 3.44% | 0.68x | $60.72 Million |
| Imperial Equities Inc. (IEI) | $111.93 Million | 6.09% | 1.36x | $26.19 Million |
| Invesque Inc (IVQ) | $792.15K | -68.86% | 3.53x | $10.49 |
| Mainstreet Equity Corp. (MEQ) | $867.09 Million | 7.91% | 1.58x | $1.23 Billion |
About Altus Group Limited
Altus Group Limited provides asset and funds intelligence solutions for commercial real estate (CRE) in Canada, the United States, the United Kingdom, France, Europe, the Middle East, Africa, Australia, and the Asia Pacific. It operates through Analytics; and Appraisals and Development Advisory segments. The Analytics segment portfolio includes software, data analytics, market data, valuation man… Read more