alstria office REIT-AG

XETRA:AOX Germany REIT - Office
Market Cap
$1.06 Billion
€1.03 Billion EUR
Market Cap Rank
#7102 Global
#750 in Germany
Share Price
€5.78
Change (1 day)
-0.69%
52-Week Range
€5.36 - €5.86
All Time High
€8.98
Categories
Companies in Germany REIT - Office
About

alstria office REIT AG is the leading real-estate operator focusing solely on German office property in selected German markets. Our strategy is based on the ownership and an active management of our properties throughout their entire life cycle, strong added-value services to our customers and deep knowledge of the markets in which we operate. alstria strives for sustainable long-term value crea… Read more

alstria office REIT-AG (AOX) - Net Assets

Latest net assets as of March 2025: €1.54 Billion EUR

Based on the latest financial reports, alstria office REIT-AG (AOX) has net assets worth €1.54 Billion EUR as of March 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€4.47 Billion) and total liabilities (€2.93 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 €1.54 Billion
% of Total Assets 34.48%
Annual Growth Rate 7.68%
5-Year Change -53.67%
10-Year Change -9.1%
Growth Volatility 37.35

alstria office REIT-AG - Net Assets Trend (2006–2024)

This chart illustrates how alstria office REIT-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 alstria office REIT-AG (2006–2024)

The table below shows the annual net assets of alstria office REIT-AG from 2006 to 2024.

Year Net Assets Change
2024-12-31 €1.51 Billion -6.84%
2023-12-31 €1.62 Billion -37.09%
2022-12-31 €2.57 Billion -23.63%
2021-12-31 €3.37 Billion +3.53%
2020-12-31 €3.25 Billion +2.41%
2019-12-31 €3.18 Billion +18.31%
2018-12-31 €2.68 Billion +37.32%
2017-12-31 €1.95 Billion +13.09%
2016-12-31 €1.73 Billion +4.27%
2015-12-31 €1.66 Billion +95.80%
2014-12-31 €846.59 Million +0.29%
2013-12-31 €844.11 Million +1.79%
2012-12-31 €829.29 Million +7.95%
2011-12-31 €768.20 Million +10.95%
2010-12-31 €692.41 Million +9.18%
2009-12-31 €634.18 Million -13.09%
2008-12-31 €729.67 Million -16.21%
2007-12-31 €870.88 Million +119.03%
2006-12-31 €397.60 Million --

Equity Component Analysis

This analysis shows how different components contribute to alstria office REIT-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 7409.8% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings €1.09 Billion 72.43%
Common Stock €178.56 Million 11.85%
Other Comprehensive Income €-9.05 Million -0.60%
Other Components €245.96 Million 16.32%
Total Equity €1.51 Billion 100.00%

alstria office REIT-AG Competitors by Market Cap

The table below lists competitors of alstria office REIT-AG ranked by their market capitalization.

Company Market Cap
Taiji Computer Corp Ltd
SHE:002368
 		$1.06 Billion
QUIDELORTHO DL-001
F:QL1A
 		$1.06 Billion
Koh Young Technology Inc
KQ:098460
 		$1.06 Billion
Faes Farma SA
MC:FAE
 		$1.06 Billion
Shanghai Zijiang Enterprise Group Co Ltd
SHG:600210
 		$1.06 Billion
Shenzhen Agricultural Products Co Ltd
SHE:000061
 		$1.06 Billion
Chengdu Olymvax Biopharmaceuticals Inc. A
SHG:688319
 		$1.06 Billion
Xian International Medical Investment Co Ltd
SHE:000516
 		$1.06 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in alstria office REIT-AG's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 1,617,547,000 to 1,506,869,000, a change of -110,678,000 (-6.8%).
  • Net loss of 104,545,000 reduced equity.
  • Other comprehensive income decreased equity by 6,132,001.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income €-104.55 Million -6.94%
Other Comprehensive Income €-6.13 Million -0.41%
Other Changes €-999.00 -0.0%
Total Change €- -6.84%

Book Value vs Market Value Analysis

This analysis compares alstria office REIT-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: 0.68x
  • 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 increased from 0.02x to 0.68x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2006-12-31 €381.65 €5.78 x
2007-12-31 €18.90 €5.78 x
2008-12-31 €13.29 €5.78 x
2009-12-31 €11.16 €5.78 x
2010-12-31 €12.04 €5.78 x
2011-12-31 €11.09 €5.78 x
2012-12-31 €10.65 €5.78 x
2013-12-31 €9.72 €5.78 x
2014-12-31 €9.72 €5.78 x
2015-12-31 €15.43 €5.78 x
2016-12-31 €10.72 €5.78 x
2017-12-31 €12.11 €5.78 x
2018-12-31 €15.25 €5.78 x
2019-12-31 €17.89 €5.78 x
2020-12-31 €18.31 €5.78 x
2021-12-31 €18.92 €5.78 x
2022-12-31 €14.44 €5.78 x
2023-12-31 €9.06 €5.78 x
2024-12-31 €8.44 €5.78 x

Capital Efficiency Dashboard

This dashboard shows how efficiently alstria office REIT-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): -6.94%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -43.71%
  • • Asset Turnover: 0.05x
  • • Equity Multiplier: 2.89x
  • Recent ROE (-6.94%) is below the historical average (1.29%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2006 3.66% 48.34% 0.02x 3.38x €-25.23 Million
2007 6.06% 63.97% 0.04x 2.11x €-34.28 Million
2008 -7.67% -54.87% 0.05x 2.57x €-128.97 Million
2009 -12.56% -77.70% 0.06x 2.78x €-143.07 Million
2010 0.03% 0.23% 0.06x 2.23x €-69.03 Million
2011 3.57% 30.23% 0.05x 2.20x €-49.37 Million
2012 4.81% 33.91% 0.07x 2.15x €-43.02 Million
2013 4.61% 32.25% 0.07x 2.12x €-45.47 Million
2014 4.36% 31.26% 0.07x 2.09x €-47.71 Million
2015 -6.85% -82.47% 0.03x 2.38x €-272.91 Million
2016 10.23% 73.45% 0.07x 1.96x €4.03 Million
2017 15.19% 128.88% 0.06x 1.83x €101.52 Million
2018 19.65% 226.99% 0.06x 1.56x €259.01 Million
2019 18.30% 258.89% 0.04x 1.58x €263.67 Million
2020 5.18% 78.21% 0.04x 1.57x €-156.74 Million
2021 6.23% 94.20% 0.04x 1.55x €-127.03 Million
2022 -2.90% -33.76% 0.04x 2.01x €-331.75 Million
2023 -40.39% -283.84% 0.05x 2.62x €-815.13 Million
2024 -6.94% -43.71% 0.05x 2.89x €-255.23 Million

Industry Comparison

This section compares alstria office REIT-AG's net assets metrics with peer companies in the REIT - Office industry.

Industry Context

  • Industry: REIT - Office
  • Average net assets among peers: $1,155,335,500
  • Average return on equity (ROE) among peers: 7.90%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
alstria office REIT-AG (AOX) €1.54 Billion 3.66% 1.90x $1.06 Billion
Vitura SA (D2L) $674.89 Million 4.91% 1.23x $11.04 Million
Corporate Office Properties Trust (WX7) $1.64 Billion 10.90% 1.39x $3.14 Billion