S IMMO AG
S IMMO AG is a real estate investment company with its head office in Vienna. Since 1987, we have been listed on the Vienna Stock Exchange. We invest exclusively in the European Union with a focus on capital cities in Austria, Germany and CEE. Around 67% of our property portfolio consist of commercial properties (offices, shopping centres and hotels). The remaining 33% comprise residential proper… Read more
S IMMO AG (SPI) - Net Assets
Latest net assets as of June 2024: €1.71 Billion EUR
Based on the latest financial reports, S IMMO AG (SPI) has net assets worth €1.71 Billion EUR as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€4.26 Billion) and total liabilities (€2.55 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 | €1.71 Billion |
| % of Total Assets | 40.1% |
| Annual Growth Rate | 12.86% |
| 5-Year Change | 26.52% |
| 10-Year Change | N/A |
| Growth Volatility | 9.98 |
S IMMO AG - Net Assets Trend (2015–2023)
This chart illustrates how S IMMO 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 S IMMO AG (2015–2023)
The table below shows the annual net assets of S IMMO AG from 2015 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | €1.70 Billion | -4.41% |
| 2022-12-31 | €1.78 Billion | +6.84% |
| 2021-12-31 | €1.67 Billion | +20.41% |
| 2020-12-31 | €1.38 Billion | +2.88% |
| 2019-12-31 | €1.35 Billion | +21.01% |
| 2018-12-31 | €1.11 Billion | +17.70% |
| 2017-12-31 | €944.43 Million | +14.57% |
| 2016-12-31 | €824.34 Million | +27.49% |
| 2015-12-31 | €646.60 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to S IMMO 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 decreased by 0.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €1.65 Billion | 100.00% |
| Total Equity | €1.65 Billion | 100.00% |
S IMMO AG Competitors by Market Cap
The table below lists competitors of S IMMO AG ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Eurocell plc
PINK:ECELF
|
$165.67 Million |
|
Dexterra Group Inc
PINK:HZNOF
|
$165.71 Million |
|
Bank Of Princeton
NASDAQ:BPRN
|
$165.73 Million |
|
Dazzle Fashion Co Ltd
SHG:603587
|
$165.73 Million |
|
Entravision Communications Corporation
F:EV9
|
$165.58 Million |
|
Rezolute Inc
NASDAQ:RZLT
|
$165.55 Million |
|
Patel Engineering Limited
NSE:PATELENG
|
$165.54 Million |
|
Ranhill Holdings Ltd
KLSE:5272
|
$165.51 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in S IMMO AG's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 1,697,228,000 to 1,648,388,000, a change of -48,840,000 (-2.9%).
- Net loss of 32,195,000 reduced equity.
- Share repurchases of 2,361,000 reduced equity.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-32.20 Million | -1.95% |
| Share Repurchases | €2.36 Million | -0.14% |
| Other Changes | €-14.28 Million | -0.87% |
| Total Change | €- | -2.88% |
Book Value vs Market Value Analysis
This analysis compares S IMMO 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: 0.95x
- 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 1.56x to 0.95x 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 | €14.21 | €22.20 | x |
| 2018-12-31 | €16.75 | €22.20 | x |
| 2019-12-31 | €20.27 | €22.20 | x |
| 2020-12-31 | €19.34 | €22.20 | x |
| 2021-12-31 | €23.57 | €22.20 | x |
| 2022-12-31 | €24.07 | €22.20 | x |
| 2023-12-31 | €23.43 | €22.20 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently S IMMO 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): -1.95%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -9.45%
- • Asset Turnover: 0.08x
- • Equity Multiplier: 2.54x
- Recent ROE (-1.95%) is below the historical average (11.46%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 12.55% | 40.51% | 0.09x | 3.32x | €15.88 Million |
| 2016 | 24.94% | 99.85% | 0.09x | 2.86x | €118.90 Million |
| 2017 | 13.83% | 67.96% | 0.08x | 2.42x | €36.01 Million |
| 2018 | 18.37% | 105.85% | 0.07x | 2.45x | €92.80 Million |
| 2019 | 15.85% | 101.12% | 0.07x | 2.34x | €78.56 Million |
| 2020 | 4.10% | 32.51% | 0.06x | 2.26x | €-81.52 Million |
| 2021 | 13.81% | 114.74% | 0.05x | 2.22x | €63.30 Million |
| 2022 | 1.60% | 10.35% | 0.07x | 2.22x | €-142.52 Million |
| 2023 | -1.95% | -9.45% | 0.08x | 2.54x | €-197.03 Million |
Industry Comparison
This section compares S IMMO 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: $21,728,000
- Average return on equity (ROE) among peers: -82.10%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| S IMMO AG (SPI) | €1.71 Billion | 12.55% | 1.49x | $165.62 Million |
| Warimpex Finanz- und Beteiligungs AG (WXF) | $21.73 Million | -82.10% | 15.12x | $19.79 Million |