The Grounds Real Estate Development AG
The Grounds Real Estate Development AG, a real estate company, engages in the development, management, rental, and sale of residential properties in Germany. The company was incorporated in 2007 and is based in Berlin, Germany.
The Grounds Real Estate Development AG (AMM) - Net Assets
Latest net assets as of June 2024: €16.83 Million EUR
Based on the latest financial reports, The Grounds Real Estate Development AG (AMM) has net assets worth €16.83 Million EUR as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€139.49 Million) and total liabilities (€122.65 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 | €16.83 Million |
| % of Total Assets | 12.07% |
| Annual Growth Rate | 80.55% |
| 5-Year Change | 107.05% |
| 10-Year Change | N/A |
| Growth Volatility | 1107.97 |
The Grounds Real Estate Development AG - Net Assets Trend (2015–2023)
This chart illustrates how The Grounds Real Estate Development 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 The Grounds Real Estate Development AG (2015–2023)
The table below shows the annual net assets of The Grounds Real Estate Development AG from 2015 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | €24.83 Million | -23.75% |
| 2022-12-31 | €32.57 Million | +28.54% |
| 2021-12-31 | €25.34 Million | +24.48% |
| 2020-12-31 | €20.35 Million | +69.70% |
| 2019-12-31 | €11.99 Million | -4.49% |
| 2018-12-31 | €12.56 Million | +68.83% |
| 2017-12-31 | €7.44 Million | +3371.80% |
| 2016-12-31 | €214.25K | -2.59% |
| 2015-12-31 | €219.95K | -- |
Equity Component Analysis
This analysis shows how different components contribute to The Grounds Real Estate Development 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 1082305359.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €10.64 Million | 56.00% |
| Common Stock | €17.81 Million | 93.68% |
| Other Comprehensive Income | €-9.44 Million | -49.68% |
| Total Equity | €19.01 Million | 100.00% |
The Grounds Real Estate Development AG Competitors by Market Cap
The table below lists competitors of The Grounds Real Estate Development AG ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Personal Assets Trust plc
LSE:PNL
|
$6.03 Million |
|
TC Traders Club Ltda
SA:TRAD3
|
$6.03 Million |
|
KD Chem Co. Ltd
KQ:221980
|
$6.04 Million |
|
"Clip Money Inc."
V:CLIP
|
$6.04 Million |
|
Xeriant Inc
OTCQB:XERI
|
$6.03 Million |
|
Rich Sport Public Company Limited
BK:RSP
|
$6.03 Million |
|
Althea Group Holdings Ltd
AU:AGH
|
$6.03 Million |
|
MODEL
ST:MODEL
|
$6.03 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in The Grounds Real Estate Development AG's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 26,182,000 to 19,007,000, a change of -7,175,000 (-27.4%).
- Net loss of 7,028,000 reduced equity.
- Other comprehensive income decreased equity by 100,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-7.03 Million | -36.98% |
| Other Comprehensive Income | €-100.00K | -0.53% |
| Other Changes | €-47.00K | -0.25% |
| Total Change | €- | -27.40% |
Book Value vs Market Value Analysis
This analysis compares The Grounds Real Estate Development 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: 0.34x
- 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 25.24x to 0.34x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2015-12-31 | €0.03 | €0.74 | x |
| 2016-12-31 | €0.03 | €0.74 | x |
| 2017-12-31 | €0.97 | €0.74 | x |
| 2018-12-31 | €1.44 | €0.74 | x |
| 2019-12-31 | €1.45 | €0.74 | x |
| 2020-12-31 | €2.28 | €0.74 | x |
| 2021-12-31 | €2.78 | €0.74 | x |
| 2022-12-31 | €2.94 | €0.74 | x |
| 2023-12-31 | €2.13 | €0.74 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently The Grounds Real Estate Development 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): -36.98%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -29.41%
- • Asset Turnover: 0.16x
- • Equity Multiplier: 7.78x
- Recent ROE (-36.98%) is below the historical average (-2.00%), 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 | -70.73% | -43.26% | 1.63x | 1.00x | €-177.57K |
| 2016 | -2.66% | 0.00% | 0.00x | 1.00x | €-27.12K |
| 2017 | 16.15% | 6.27% | 0.68x | 3.80x | €452.15K |
| 2018 | 32.35% | 11.31% | 0.55x | 5.19x | €2.43 Million |
| 2019 | 0.02% | 0.02% | 0.43x | 2.96x | €-1.09 Million |
| 2020 | 19.47% | 11.51% | 0.36x | 4.73x | €1.75 Million |
| 2021 | 19.92% | 15.60% | 0.31x | 4.16x | €2.45 Million |
| 2022 | 4.47% | 3.18% | 0.27x | 5.28x | €-1.45 Million |
| 2023 | -36.98% | -29.41% | 0.16x | 7.78x | €-8.93 Million |
Industry Comparison
This section compares The Grounds Real Estate Development 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: $2,038,430,905
- Average return on equity (ROE) among peers: 3.58%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| The Grounds Real Estate Development AG (AMM) | €16.83 Million | -70.73% | 7.29x | $6.03 Million |
| Intea Fastigheter AB (publ) (1DZ0) | $8.99 Billion | 10.06% | 1.40x | $1.68 Billion |
| The RMR Group Inc (26R) | $369.74 Million | 9.20% | 0.47x | $202.36 Million |
| Latvian Forest Company AB (publ) (2FD) | $33.52 Million | 6.56% | 0.22x | $19.45 Million |
| PHN (2PN) | $2.05 Billion | -8.94% | 1.24x | $30.39 Million |
| AMASTEN (4M2B) | $6.39 Billion | 1.22% | 1.17x | $207.35 Million |
| ZUEBLIN IMMO.H.NAM.SF22,5 (61Z1) | $141.97 Million | 6.12% | 0.69x | $138.66 Million |
| Accentro Real Estate AG (A4Y) | $247.71 Million | -5.95% | 2.54x | $104.15 |
| Hasen-Immobilien AG (ABHA) | $98.13 Million | 13.58% | 0.36x | $6.07 Million |
| AGROB Immobilien AG (AGR) | $32.32 Million | 0.37% | 3.43x | $75.19 Million |