VIB Vermögen AG (VIH1) - Net Assets
Based on the latest financial reports, VIB Vermögen AG (VIH1) has net assets worth €977.07 Million EUR (≈ $1.14 Billion USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€2.14 Billion ≈ $2.50 Billion USD) and total liabilities (€1.16 Billion ≈ $1.36 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. Check financial resilience of VIB Vermögen AG to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €977.07 Million |
| % of Total Assets | 45.68% |
| Annual Growth Rate | 17.24% |
| 5-Year Change | 49.07% |
| 10-Year Change | 129.12% |
| Growth Volatility | 37.67 |
VIB Vermögen AG - Net Assets Trend (2005–2024)
This chart illustrates how VIB Vermögen AG's net assets have evolved over time, based on quarterly financial data. Also explore VIH1 total assets for the complete picture of this company's asset base.
Annual Net Assets for VIB Vermögen AG (2005–2024)
The table below shows the annual net assets of VIB Vermögen AG from 2005 to 2024. For live valuation and market cap data, see VIH1 stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €931.97 Million ≈ $1.09 Billion |
+6.30% |
| 2023-12-31 | €876.72 Million ≈ $1.02 Billion |
+17.72% |
| 2022-12-31 | €744.75 Million ≈ $870.70 Million |
-2.26% |
| 2021-12-31 | €761.97 Million ≈ $890.82 Million |
+21.88% |
| 2020-12-31 | €625.18 Million ≈ $730.90 Million |
+8.29% |
| 2019-12-31 | €577.29 Million ≈ $674.92 Million |
+9.42% |
| 2018-12-31 | €527.59 Million ≈ $616.81 Million |
+9.15% |
| 2017-12-31 | €483.36 Million ≈ $565.09 Million |
+8.98% |
| 2016-12-31 | €443.53 Million ≈ $518.53 Million |
+9.04% |
| 2015-12-31 | €406.75 Million ≈ $475.54 Million |
+9.44% |
| 2014-12-31 | €371.65 Million ≈ $434.50 Million |
+16.18% |
| 2013-12-31 | €319.88 Million ≈ $373.98 Million |
+17.25% |
| 2012-12-31 | €272.83 Million ≈ $318.97 Million |
+13.29% |
| 2011-12-31 | €240.83 Million ≈ $281.55 Million |
+18.18% |
| 2010-12-31 | €203.78 Million ≈ $238.25 Million |
+5.29% |
| 2009-12-31 | €193.54 Million ≈ $226.27 Million |
+4.36% |
| 2008-12-31 | €185.46 Million ≈ $216.82 Million |
-4.59% |
| 2007-12-31 | €194.37 Million ≈ $227.24 Million |
+171.72% |
| 2006-12-31 | €71.53 Million ≈ $83.63 Million |
+57.60% |
| 2005-12-31 | €45.39 Million ≈ $53.07 Million |
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Equity Component Analysis
This analysis shows how different components contribute to VIB Vermögen 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 30129.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €545.34 Million | 62.07% |
| Common Stock | €33.05 Million | 3.76% |
| Other Comprehensive Income | €864.00K | 0.10% |
| Other Components | €299.31 Million | 34.07% |
| Total Equity | €878.56 Million | 100.00% |
VIB Vermögen AG Competitors by Market Cap
The table below lists competitors of VIB Vermögen AG ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Villeroy & Boch AG
XETRA:VIB3
|
$257.92 Million |
|
Arad Investment & Industrial Development Ltd
TA:ARAD
|
$257.94 Million |
|
Forafric Global PLC Ordinary Shares
NASDAQ:AFRI
|
$257.99 Million |
|
Tukas Gida Sanayi ve Ticaret AS
IS:TUKAS
|
$258.02 Million |
|
Pioneer Acquisition I Corp Class A Ordinary Shares
NASDAQ:PACH
|
$257.81 Million |
|
Songwon Industrial
KO:004430
|
$257.79 Million |
|
Mountain Lake Acquisition Corp. II Class A Ordinary Shares
NASDAQ:MLAA
|
$257.74 Million |
|
Econocom Group SA/NV
BR:ECONB
|
$257.59 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in VIB Vermögen AG's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 844,173,000 to 878,561,000, a change of 34,388,000 (4.1%).
- Net income of 36,142,000 contributed positively to equity growth.
- Dividend payments of 1,322,000 reduced retained earnings.
- Other comprehensive income decreased equity by 164,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €36.14 Million | +4.11% |
| Dividends Paid | €1.32 Million | -0.15% |
| Other Comprehensive Income | €-164.00K | -0.02% |
| Other Changes | €-268.00K | -0.03% |
| Total Change | €- | 4.07% |
Book Value vs Market Value Analysis
This analysis compares VIB Vermögen 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: 0.29x
- 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 0.91x to 0.29x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-12-31 | €8.47 | €7.72 | x |
| 2006-12-31 | €6.50 | €7.72 | x |
| 2007-12-31 | €10.85 | €7.72 | x |
| 2008-12-31 | €9.60 | €7.72 | x |
| 2009-12-31 | €10.24 | €7.72 | x |
| 2010-12-31 | €10.55 | €7.72 | x |
| 2011-12-31 | €11.26 | €7.72 | x |
| 2012-12-31 | €11.00 | €7.72 | x |
| 2013-12-31 | €12.78 | €7.72 | x |
| 2014-12-31 | €14.09 | €7.72 | x |
| 2015-12-31 | €14.06 | €7.72 | x |
| 2016-12-31 | €15.32 | €7.72 | x |
| 2017-12-31 | €16.70 | €7.72 | x |
| 2018-12-31 | €18.25 | €7.72 | x |
| 2019-12-31 | €20.01 | €7.72 | x |
| 2020-12-31 | €21.73 | €7.72 | x |
| 2021-12-31 | €26.49 | €7.72 | x |
| 2022-12-31 | €25.27 | €7.72 | x |
| 2023-12-31 | €25.54 | €7.72 | x |
| 2024-12-31 | €26.58 | €7.72 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently VIB Vermögen 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): 4.11%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 32.38%
- • Asset Turnover: 0.06x
- • Equity Multiplier: 2.16x
- Recent ROE (4.11%) is below the historical average (8.58%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 2.02% | 8.78% | 0.09x | 2.43x | €-3.59 Million |
| 2006 | 13.72% | 73.50% | 0.08x | 2.27x | €2.65 Million |
| 2007 | 7.16% | 56.04% | 0.04x | 2.97x | €-4.94 Million |
| 2008 | 2.90% | 8.86% | 0.09x | 3.60x | €-12.23 Million |
| 2009 | 6.65% | 19.57% | 0.10x | 3.57x | €-6.22 Million |
| 2010 | 8.64% | 32.65% | 0.08x | 3.36x | €-2.67 Million |
| 2011 | 6.50% | 28.75% | 0.08x | 2.97x | €-8.11 Million |
| 2012 | 8.83% | 38.57% | 0.08x | 3.02x | €-3.05 Million |
| 2013 | 8.86% | 41.69% | 0.08x | 2.83x | €-3.50 Million |
| 2014 | 8.72% | 44.81% | 0.07x | 2.62x | €-4.60 Million |
| 2015 | 10.32% | 53.40% | 0.07x | 2.60x | €1.24 Million |
| 2016 | 11.15% | 59.38% | 0.07x | 2.63x | €4.86 Million |
| 2017 | 11.17% | 61.76% | 0.07x | 2.50x | €5.40 Million |
| 2018 | 11.41% | 66.38% | 0.07x | 2.45x | €7.13 Million |
| 2019 | 11.44% | 69.41% | 0.07x | 2.46x | €7.96 Million |
| 2020 | 10.99% | 69.93% | 0.06x | 2.43x | €5.94 Million |
| 2021 | 4.09% | 29.10% | 0.06x | 2.20x | €-43.31 Million |
| 2022 | 7.51% | 48.77% | 0.07x | 2.22x | €-17.78 Million |
| 2023 | 15.35% | 126.17% | 0.05x | 2.25x | €45.19 Million |
| 2024 | 4.11% | 32.38% | 0.06x | 2.16x | €-51.71 Million |
Industry Comparison
This section compares VIB Vermögen 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: $10,448,134,861
- Average return on equity (ROE) among peers: 4.03%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| VIB Vermögen AG (VIH1) | €977.07 Million | 2.02% | 1.19x | $257.83 Million |
| Grainger PLC (1U4) | $1.89 Billion | 1.65% | 0.98x | $1.47 Billion |
| RomReal Limited (3RR) | $19.60 Million | -1.84% | 0.02x | $9.62 Million |
| Red Star Macalline Group Corporation Ltd (3S5) | $55.14 Billion | -4.38% | 1.25x | $131.73 Million |
| SOHO China Limited (45S) | $38.49 Billion | 19.20% | 1.02x | $258.70 Million |
| SHIMAO SERV.HLDGS HD-01 (5GO) | $8.37 Billion | -11.08% | 0.74x | $154.26 Million |
| LETUS CAPITAL ZY 1 (7I4) | $4.70 Million | 0.00% | 0.29x | $16.74 Million |
| NEW ZEALAND RURAL (8UK) | $206.89 Million | 19.18% | 0.55x | $67.81 Million |
| GROUPIMO S.A. INH. EO 1- (9KL0) | $2.57 Million | 2.15% | 0.58x | $212.14K |
| Accentro Real Estate AG (A4Y) | $220.81 Million | 11.99% | 1.63x | $660.85 |
| Hasen-Immobilien AG (ABHA) | $136.91 Million | 3.44% | 0.62x | $87.20 Million |
About VIB Vermögen AG
VIB Vermögen AG, engages in the development, acquisition, and management of commercial real estate properties in Germany. The company's portfolio includes properties in logistics, light industrial, and office asset classes. It also provides property management services and solutions for institutional investors. VIB Vermögen AG was founded in 1993 and is based in Neuburg an der Donau, Germany.