LEG Immobilien SE (LEG) - Net Assets
Based on the latest financial reports, LEG Immobilien SE (LEG) has net assets worth €8.76 Billion EUR (≈ $10.24 Billion USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€21.16 Billion ≈ $24.74 Billion USD) and total liabilities (€12.40 Billion ≈ $14.50 Billion USD). 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. Also explore LEG asset base for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €8.76 Billion |
| % of Total Assets | 41.39% |
| Annual Growth Rate | 13.67% |
| 5-Year Change | -2.17% |
| 10-Year Change | 154.86% |
| Growth Volatility | 33.84 |
LEG Immobilien SE - Net Assets Trend (2008–2025)
This chart illustrates how LEG Immobilien SE's net assets have evolved over time, based on quarterly financial data. For live valuation and market cap data, see LEG Immobilien SE (LEG) total market value.
Annual Net Assets for LEG Immobilien SE (2008–2025)
The table below shows the annual net assets of LEG Immobilien SE from 2008 to 2025. Explore LEG cash flow conversion to assess how effectively this company generates cash.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | €8.76 Billion ≈ $10.24 Billion |
+18.42% |
| 2024-12-31 | €7.40 Billion ≈ $8.65 Billion |
-1.22% |
| 2023-12-31 | €7.49 Billion ≈ $8.75 Billion |
-17.57% |
| 2022-12-31 | €9.08 Billion ≈ $10.62 Billion |
+1.46% |
| 2021-12-31 | €8.95 Billion ≈ $10.47 Billion |
+21.15% |
| 2020-12-31 | €7.39 Billion ≈ $8.64 Billion |
+24.54% |
| 2019-12-31 | €5.93 Billion ≈ $6.94 Billion |
+24.04% |
| 2018-12-31 | €4.78 Billion ≈ $5.59 Billion |
+16.33% |
| 2017-12-31 | €4.11 Billion ≈ $4.81 Billion |
+19.66% |
| 2016-12-31 | €3.44 Billion ≈ $4.02 Billion |
+15.13% |
| 2015-12-31 | €2.98 Billion ≈ $3.49 Billion |
+19.80% |
| 2014-12-31 | €2.49 Billion ≈ $2.91 Billion |
+9.47% |
| 2013-12-31 | €2.28 Billion ≈ $2.66 Billion |
+9.14% |
| 2012-12-31 | €2.09 Billion ≈ $2.44 Billion |
-2.81% |
| 2011-12-31 | €2.15 Billion ≈ $2.51 Billion |
+143.50% |
| 2010-12-31 | €881.26 Million ≈ $1.03 Billion |
-7.32% |
| 2009-12-31 | €950.90 Million ≈ $1.11 Billion |
-4.08% |
| 2008-12-31 | €991.33 Million ≈ $1.16 Billion |
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Equity Component Analysis
This analysis shows how different components contribute to LEG Immobilien SE'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 624554300.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | €75.60 Million | 0.87% |
| Other Comprehensive Income | €7.26 Billion | 83.50% |
| Other Components | €1.36 Billion | 15.63% |
| Total Equity | €8.69 Billion | 100.00% |
LEG Immobilien SE Competitors by Market Cap
The table below lists competitors of LEG Immobilien SE ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
KURITA WTR IND.UNSP.ADR 2
F:KWI0
|
$4.52 Billion |
|
Shanghai Junshi Biosciences Co Ltd
SHG:688180
|
$4.52 Billion |
|
TG Therapeutics Inc
NASDAQ:TGTX
|
$4.52 Billion |
|
LegoChem Biosciences Inc
KQ:141080
|
$4.52 Billion |
|
Crocs Inc
NASDAQ:CROX
|
$4.52 Billion |
|
Persimmon Plc
F:OHP
|
$4.52 Billion |
|
Balkrishna Industries Limited
NSE:BALKRISIND
|
$4.52 Billion |
|
T&S Communications Co Ltd
SHE:300570
|
$4.52 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in LEG Immobilien SE's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 7,371,500,000 to 8,693,900,000, a change of 1,322,400,000 (17.9%).
- Net income of 1,458,200,000 contributed positively to equity growth.
- Dividend payments of 124,700,000 reduced retained earnings.
- Other comprehensive income increased equity by 1,246,000,000.
- Other factors decreased equity by 1,257,100,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €1.46 Billion | +16.77% |
| Dividends Paid | €124.70 Million | -1.43% |
| Other Comprehensive Income | €1.25 Billion | +14.33% |
| Other Changes | €-1.26 Billion | -14.46% |
| Total Change | €- | 17.94% |
Book Value vs Market Value Analysis
This analysis compares LEG Immobilien SE'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: 0.58x
- 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 1.75x to 0.58x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2008-12-31 | €34.09 | €59.65 | x |
| 2009-12-31 | €33.22 | €59.65 | x |
| 2010-12-31 | €30.80 | €59.65 | x |
| 2011-12-31 | €117.45 | €59.65 | x |
| 2012-12-31 | €112.87 | €59.65 | x |
| 2013-12-31 | €42.24 | €59.65 | x |
| 2014-12-31 | €45.74 | €59.65 | x |
| 2015-12-31 | €46.56 | €59.65 | x |
| 2016-12-31 | €49.74 | €59.65 | x |
| 2017-12-31 | €57.97 | €59.65 | x |
| 2018-12-31 | €65.55 | €59.65 | x |
| 2019-12-31 | €80.80 | €59.65 | x |
| 2020-12-31 | €97.36 | €59.65 | x |
| 2021-12-31 | €112.29 | €59.65 | x |
| 2022-12-31 | €112.36 | €59.65 | x |
| 2023-12-31 | €100.71 | €59.65 | x |
| 2024-12-31 | €88.90 | €59.65 | x |
| 2025-12-31 | €102.53 | €59.65 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently LEG Immobilien SE 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): 16.77%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 97.83%
- • Asset Turnover: 0.07x
- • Equity Multiplier: 2.43x
- Recent ROE (16.77%) is above the historical average (6.65%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | -1.00% | -2.64% | 0.04x | 8.52x | €-68.48 Million |
| 2009 | -5.85% | -6.29% | 0.11x | 8.57x | €-96.14 Million |
| 2010 | -3.03% | -3.06% | 0.11x | 8.75x | €-73.23 Million |
| 2011 | -0.65% | -2.31% | 0.10x | 2.82x | €-188.61 Million |
| 2012 | 4.58% | 18.59% | 0.10x | 2.54x | €-111.66 Million |
| 2013 | 6.01% | 24.99% | 0.10x | 2.41x | €-89.68 Million |
| 2014 | 6.29% | 26.75% | 0.09x | 2.55x | €-91.93 Million |
| 2015 | 7.34% | 33.74% | 0.09x | 2.42x | €-78.98 Million |
| 2016 | 16.93% | 75.55% | 0.09x | 2.47x | €236.65 Million |
| 2017 | 20.58% | 105.69% | 0.08x | 2.45x | €432.56 Million |
| 2018 | 17.72% | 109.69% | 0.07x | 2.35x | €367.24 Million |
| 2019 | 13.83% | 100.60% | 0.06x | 2.19x | €226.21 Million |
| 2020 | 18.48% | 158.13% | 0.06x | 2.07x | €624.64 Million |
| 2021 | 19.28% | 179.02% | 0.05x | 2.30x | €828.81 Million |
| 2022 | 2.58% | 20.36% | 0.05x | 2.36x | €-671.86 Million |
| 2023 | -21.02% | -126.42% | 0.06x | 2.59x | €-2.32 Billion |
| 2024 | 0.90% | 5.06% | 0.07x | 2.66x | €-671.15 Million |
| 2025 | 16.77% | 97.83% | 0.07x | 2.43x | €588.81 Million |
Industry Comparison
This section compares LEG Immobilien SE's net assets metrics with peer companies in the Real Estate Services industry.
Industry Context
- Industry: Real Estate Services
- Average net assets among peers: $9,386,053,149
- Average return on equity (ROE) among peers: 2.43%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| LEG Immobilien SE (LEG) | €8.76 Billion | -1.00% | 1.42x | $4.52 Billion |
| Grainger PLC (1U4) | $1.89 Billion | 1.65% | 0.98x | $1.47 Billion |
| RomReal Limited (3RR) | $21.67 Million | -12.13% | 0.56x | $9.62 Million |
| Red Star Macalline Group Corporation Ltd (3S5) | $48.98 Billion | 9.15% | 1.50x | $131.73 Million |
| SOHO China Limited (45S) | $33.73 Billion | 14.03% | 1.11x | $258.70 Million |
| SHIMAO SERV.HLDGS HD-01 (5GO) | $8.65 Billion | 3.16% | 0.65x | $154.26 Million |
| LETUS CAPITAL ZY 1 (7I4) | $2.43 Million | -16.72% | 0.21x | $16.74 Million |
| NEW ZEALAND RURAL (8UK) | $223.09 Million | 4.87% | 0.66x | $67.81 Million |
| GROUPIMO S.A. INH. EO 1- (9KL0) | $2.57 Million | 2.15% | 0.58x | $212.14K |
| Accentro Real Estate AG (A4Y) | $260.64 Million | 4.54% | 2.57x | $700.34 |
| Hasen-Immobilien AG (ABHA) | $98.13 Million | 13.58% | 0.36x | $87.20 Million |
About LEG Immobilien SE
LEG Immobilien SE, together with its subsidiaries, operates as an integrated property company in Germany. It engages in the performance of services and management of equity investments; property management and location development; performance of services for third parties and housing industry services; and generation of electricity and heat. The company also provides information technology (IT) … Read more