Patrizia AG
PATRIZIA has been providing investment opportunities in smart real assets for institutional, semi-professional, and private investors for more than 40 years, focusing on real estate and infrastructure. PATRIZIA's investment solutions are driven by the "DUEL" megatrends - digital, urban, energy and living transitions - and capitalise on the opportunities arising from these transformative global sh… Read more
Patrizia AG (PAT) - Net Assets
Latest net assets as of September 2025: €1.06 Billion EUR
Based on the latest financial reports, Patrizia AG (PAT) has net assets worth €1.06 Billion EUR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€1.68 Billion) and total liabilities (€620.27 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 | €1.06 Billion |
| % of Total Assets | 63.06% |
| Annual Growth Rate | 20.83% |
| 5-Year Change | -11.88% |
| 10-Year Change | 107.26% |
| Growth Volatility | 78.03 |
Patrizia AG - Net Assets Trend (2004–2024)
This chart illustrates how Patrizia 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 Patrizia AG (2004–2024)
The table below shows the annual net assets of Patrizia AG from 2004 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €1.12 Billion | -6.44% |
| 2023-12-31 | €1.20 Billion | -9.78% |
| 2022-12-31 | €1.33 Billion | +0.52% |
| 2021-12-31 | €1.32 Billion | +3.86% |
| 2020-12-31 | €1.27 Billion | +2.65% |
| 2019-12-31 | €1.24 Billion | +7.19% |
| 2018-12-31 | €1.15 Billion | +52.54% |
| 2017-12-31 | €756.39 Million | +0.71% |
| 2016-12-31 | €751.03 Million | +39.13% |
| 2015-12-31 | €539.79 Million | +31.64% |
| 2014-12-31 | €410.05 Million | +9.50% |
| 2013-12-31 | €374.48 Million | +11.32% |
| 2012-12-31 | €336.39 Million | +8.49% |
| 2011-12-31 | €310.07 Million | +5.21% |
| 2010-12-31 | €294.73 Million | +3.48% |
| 2009-12-31 | €284.82 Million | -2.28% |
| 2008-12-31 | €291.47 Million | -13.41% |
| 2007-12-31 | €336.61 Million | +75.57% |
| 2006-12-31 | €191.72 Million | +355.36% |
| 2005-12-31 | €42.10 Million | +65.74% |
| 2004-12-31 | €25.40 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Patrizia 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 18122.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €806.91 Million | 74.42% |
| Common Stock | €86.23 Million | 7.95% |
| Other Comprehensive Income | €107.56 Million | 9.92% |
| Other Components | €83.53 Million | 7.70% |
| Total Equity | €1.08 Billion | 100.00% |
Patrizia AG Competitors by Market Cap
The table below lists competitors of Patrizia AG ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Huarui Electrical Appliance Co Ltd
SHE:300626
|
$304.18 Million |
|
Saha Pathana Inter-Holding PCL
BK:SPI
|
$304.37 Million |
|
Jiangsu Favored Nanotechnology Co. Ltd. A
SHG:688371
|
$304.40 Million |
|
Phuoc Hoa Rubber JSC
VN:PHR
|
$304.51 Million |
|
ECOVE Environment Corp
TWO:6803
|
$304.13 Million |
|
Nippon Sheet Glass Company Limited
PINK:NPSGF
|
$304.08 Million |
|
Wereldhav B-Sicafi
BR:WEHB
|
$304.03 Million |
|
Shenzhen Fluence Technology PLC
SHE:300647
|
$304.00 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Patrizia AG's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,156,232,000 to 1,084,232,000, a change of -72,000,000 (-6.2%).
- Net income of 12,867,000 contributed positively to equity growth.
- Dividend payments of 29,323,000 reduced retained earnings.
- New share issuances of 66,595,000 increased equity.
- Other comprehensive income decreased equity by 25,113,000.
- Other factors decreased equity by 97,026,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €12.87 Million | +1.19% |
| Dividends Paid | €29.32 Million | -2.7% |
| Share Issuances | €66.59 Million | +6.14% |
| Other Comprehensive Income | €-25.11 Million | -2.32% |
| Other Changes | €-97.03 Million | -8.95% |
| Total Change | €- | -6.23% |
Book Value vs Market Value Analysis
This analysis compares Patrizia 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: 0.60x
- 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 2.33x to 0.60x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2004-12-31 | €3.15 | €7.34 | x |
| 2005-12-31 | €5.18 | €7.34 | x |
| 2006-12-31 | €2.51 | €7.34 | x |
| 2007-12-31 | €4.02 | €7.34 | x |
| 2008-12-31 | €3.47 | €7.34 | x |
| 2009-12-31 | €3.39 | €7.34 | x |
| 2010-12-31 | €3.51 | €7.34 | x |
| 2011-12-31 | €3.69 | €7.34 | x |
| 2012-12-31 | €3.63 | €7.34 | x |
| 2013-12-31 | €4.04 | €7.34 | x |
| 2014-12-31 | €4.43 | €7.34 | x |
| 2015-12-31 | €5.65 | €7.34 | x |
| 2016-12-31 | €7.51 | €7.34 | x |
| 2017-12-31 | €8.25 | €7.34 | x |
| 2018-12-31 | €12.60 | €7.34 | x |
| 2019-12-31 | €13.25 | €7.34 | x |
| 2020-12-31 | €13.69 | €7.34 | x |
| 2021-12-31 | €14.35 | €7.34 | x |
| 2022-12-31 | €14.29 | €7.34 | x |
| 2023-12-31 | €13.46 | €7.34 | x |
| 2024-12-31 | €12.27 | €7.34 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Patrizia 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): 1.19%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.03%
- • Asset Turnover: 0.15x
- • Equity Multiplier: 1.60x
- Recent ROE (1.19%) is below the historical average (6.07%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | 14.27% | 0.00% | 0.00x | 4.88x | €14.38 Million |
| 2008 | -11.71% | -15.42% | 0.15x | 5.21x | €-63.29 Million |
| 2009 | -3.34% | -3.79% | 0.18x | 5.01x | €-37.98 Million |
| 2010 | 2.10% | 1.83% | 0.28x | 4.12x | €-23.27 Million |
| 2011 | 4.35% | 5.02% | 0.24x | 3.55x | €-17.51 Million |
| 2012 | 7.60% | 11.11% | 0.24x | 2.84x | €-8.02 Million |
| 2013 | 10.01% | 17.17% | 0.24x | 2.39x | €18.70K |
| 2014 | 8.70% | 12.20% | 0.39x | 1.81x | €-5.32 Million |
| 2015 | 21.23% | 28.78% | 0.24x | 3.13x | €58.60 Million |
| 2016 | 31.72% | 29.06% | 0.82x | 1.33x | €162.74 Million |
| 2017 | 7.29% | 22.04% | 0.20x | 1.66x | €-20.47 Million |
| 2018 | 4.52% | 14.73% | 0.20x | 1.56x | €-62.65 Million |
| 2019 | 4.38% | 13.26% | 0.20x | 1.65x | €-67.77 Million |
| 2020 | 3.05% | 12.50% | 0.15x | 1.59x | €-86.02 Million |
| 2021 | 3.73% | 15.05% | 0.15x | 1.61x | €-80.38 Million |
| 2022 | 0.58% | 2.10% | 0.17x | 1.63x | €-118.62 Million |
| 2023 | -0.50% | -1.99% | 0.15x | 1.73x | €-121.43 Million |
| 2024 | 1.19% | 5.03% | 0.15x | 1.60x | €-95.56 Million |
Industry Comparison
This section compares Patrizia 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: $7,323,327,296
- Average return on equity (ROE) among peers: 8.28%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Patrizia AG (PAT) | €1.06 Billion | 14.27% | 0.59x | $304.14 Million |
| Intea Fastigheter AB (publ) (1DZ0) | $7.21 Billion | 27.32% | 1.57x | $1.64 Billion |
| The RMR Group Inc (26R) | $540.90 Million | 5.32% | 0.28x | $202.36 Million |
| Latvian Forest Company AB (publ) (2FD) | $33.43 Million | 0.82% | 0.28x | $19.28 Million |
| PHN (2PN) | $2.28 Billion | 3.03% | 0.66x | $30.69 Million |
| RomReal Limited (3RR) | $16.64 Million | 2.97% | 0.03x | $999.26K |
| Red Star Macalline Group Corporation Ltd (3S5) | $57.53 Billion | 3.56% | 1.35x | $234.20 Million |
| AMASTEN (4M2B) | $5.21 Billion | 11.02% | 1.33x | $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) | $136.84 Million | 19.21% | 1.20x | $104.15 |
| Hasen-Immobilien AG (ABHA) | $136.91 Million | 3.44% | 0.62x | $6.07 Million |