Avax S.A

AT:AVAX Greece Engineering & Construction
Market Cap
$479.58 Million
€467.21 Million EUR
Market Cap Rank
#15581 Global
#21 in Greece
Share Price
€3.15
Change (1 day)
+3.62%
52-Week Range
€1.71 - €3.57
All Time High
€87.81
About

Avax S.A. operates as a construction company in Greece and internationally. It operates through Construction, Concessions, and Other Activities segments. The company constructs civil engineering projects, including airports, banks, buildings, education facilities, garages, hospitals, hotels, Olympic sports facilities, special projects, sports facilities, and other civil engineering projects. It a… Read more

Avax S.A (AVAX) - Net Assets

Latest net assets as of June 2025: €189.06 Million EUR

Based on the latest financial reports, Avax S.A (AVAX) has net assets worth €189.06 Million EUR as of June 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€1.47 Billion) and total liabilities (€1.28 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 €189.06 Million
% of Total Assets 12.86%
Annual Growth Rate -3.14%
5-Year Change 101.51%
10-Year Change -11.18%
Growth Volatility 27.22

Avax S.A - Net Assets Trend (2014–2024)

This chart illustrates how Avax S.A's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Avax S.A (2014–2024)

The table below shows the annual net assets of Avax S.A from 2014 to 2024.

Year Net Assets Change
2024-12-31 €157.58 Million -1.34%
2023-12-31 €159.72 Million +3.11%
2022-12-31 €154.91 Million +60.99%
2021-12-31 €96.23 Million +23.05%
2020-12-31 €78.20 Million +21.82%
2019-12-31 €64.19 Million -27.71%
2018-12-31 €88.80 Million -19.35%
2017-12-31 €110.10 Million -5.69%
2016-12-31 €116.75 Million -34.19%
2015-12-31 €177.41 Million -18.17%
2014-12-31 €216.80 Million --

Equity Component Analysis

This analysis shows how different components contribute to Avax S.A'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 decreased by 4982262400.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Other Components €248.08 Million 158.56%
Total Equity €156.46 Million 100.00%

Avax S.A Competitors by Market Cap

The table below lists competitors of Avax S.A ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Avax S.A's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 158,613,512 to 156,455,399, a change of -2,158,113 (-1.4%).
  • Net income of 30,098,579 contributed positively to equity growth.
  • Dividend payments of 4,449,645 reduced retained earnings.
  • Share repurchases of 239,299 reduced equity.
  • Other factors decreased equity by 27,567,748.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income €30.10 Million +19.24%
Dividends Paid €4.45 Million -2.84%
Share Repurchases €239.30K -0.15%
Other Changes €-27.57 Million -17.62%
Total Change €- -1.36%

Book Value vs Market Value Analysis

This analysis compares Avax S.A'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: 2.99x
  • The company is trading above its book value, indicating the market recognizes value beyond its reported assets.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2017-12-31 €1.03 €3.15 x
2018-12-31 €0.80 €3.15 x
2019-12-31 €0.58 €3.15 x
2020-12-31 €0.54 €3.15 x
2021-12-31 €0.67 €3.15 x
2022-12-31 €1.07 €3.15 x
2023-12-31 €1.07 €3.15 x
2024-12-31 €1.05 €3.15 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Avax S.A 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): 19.24%
  • The company demonstrates strong efficiency in generating profits from shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 4.62%
  • • Asset Turnover: 0.53x
  • • Equity Multiplier: 7.86x
  • Recent ROE (19.24%) is above the historical average (-12.12%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2014 -16.30% -6.80% 0.37x 6.44x €-56.85 Million
2015 -18.35% -7.18% 0.35x 7.35x €-50.59 Million
2016 -36.48% -7.87% 0.41x 11.18x €-54.26 Million
2017 -9.39% -1.54% 0.54x 11.24x €-21.35 Million
2018 -29.01% -4.42% 0.52x 12.57x €-34.64 Million
2019 -66.93% -7.46% 0.38x 23.91x €-49.39 Million
2020 7.24% 1.22% 0.38x 15.49x €-2.16 Million
2021 -14.61% -2.37% 0.49x 12.43x €-23.68 Million
2022 24.75% 9.46% 0.37x 6.99x €22.71 Million
2023 6.50% 2.27% 0.38x 7.58x €-5.56 Million
2024 19.24% 4.62% 0.53x 7.86x €14.45 Million

Industry Comparison

This section compares Avax S.A's net assets metrics with peer companies in the Engineering & Construction industry.

Industry Context

  • Industry: Engineering & Construction
  • Average net assets among peers: $167,289,200
  • Average return on equity (ROE) among peers: 2.89%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Avax S.A (AVAX) €189.06 Million -16.30% 6.78x $179.84 Million
Bioter S.A. (BIOT) $-71.39 Million 0.00% 0.00x $1.57 Million
Domiki Kritis S.A. (DOMIK) $13.01 Million 14.49% 1.37x $10.15 Million
Ekter SA (EKTER) $44.08 Million 23.40% 1.07x $55.24 Million
Ellaktor S.A (ELLAKTOR) $974.68 Million 3.42% 1.04x $50.84 Million
Intracom Constructions Societe Anonyme Technical and Steel Constructions (INKAT) $49.93 Million -13.29% 4.77x $423.20 Million
Technical Olympic S.A (OLYMP) $154.35 Million -2.84% 0.27x $36.25 Million
Proodeftiki S.A. (PRD) $6.36 Million -4.94% 2.41x $5.67 Million