Elve S.A (ELBE) - Net Assets

Latest as of December 2022: €18.83 Million EUR ≈ $22.01 Million USD

Based on the latest financial reports, Elve S.A (ELBE) has net assets worth €18.83 Million EUR (≈ $22.01 Million USD) as of December 2022. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€23.13 Million ≈ $27.05 Million USD) and total liabilities (€4.31 Million ≈ $5.04 Million 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 Elve S.A asset portfolio for the complete picture of this company's asset base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	€18.83 Million
% of Total Assets	81.38%
Annual Growth Rate	-1.66%
5-Year Change	11.58%
10-Year Change	N/A
Growth Volatility	6.14

Elve S.A - Net Assets Trend (2014–2022)

This chart illustrates how Elve S.A's net assets have evolved over time, based on quarterly financial data. Check Elve S.A tangible book value ratio to evaluate the tangible quality of the company's equity base.

Annual Net Assets for Elve S.A (2014–2022)

The table below shows the annual net assets of Elve S.A from 2014 to 2022. For live valuation and market cap data, see ELBE stock market capitalisation.

Year	Net Assets	Change
2022-12-31	€18.83 Million ≈ $22.01 Million	-0.54%
2021-12-31	€18.93 Million ≈ $22.13 Million	+6.32%
2020-12-31	€17.80 Million ≈ $20.81 Million	+6.35%
2019-12-31	€16.74 Million ≈ $19.57 Million	-0.79%
2018-12-31	€16.87 Million ≈ $19.72 Million	-1.13%
2017-12-31	€17.06 Million ≈ $19.95 Million	-2.51%
2016-12-31	€17.50 Million ≈ $20.46 Million	-14.25%
2015-12-31	€20.41 Million ≈ $23.86 Million	-5.20%
2014-12-31	€21.53 Million ≈ $25.17 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Elve 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 grown by 68.8% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2022)

Component	Amount	Percentage
Retained Earnings	€17.34 Million	92.11%
Common Stock	€694.58K	3.69%
Other Components	€790.60K	4.20%
Total Equity	€18.83 Million	100.00%

Elve S.A Competitors by Market Cap

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

Company	Market Cap
LivePerson Inc NASDAQ:LPSN	$19.53 Million
Communication Cable Systems Indonesia Tbk PT JK:CCSI	$19.53 Million
CIFI Holdings (Group) Co. Ltd F:6CI	$19.55 Million
Bcal Diagnostics Ltd AU:BDX	$19.57 Million
B3 Consulting Group AB ST:B3	$19.51 Million
Silvair Inc WAR:SVRS	$19.51 Million
Dare Bioscience Inc NASDAQ:DARE	$19.51 Million
Airtime Partecipazioni SpA PA:ALMEX	$19.50 Million

Equity Growth Attribution

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

Equity Growth Insights

From 2021 to 2022, total equity changed from 18,926,940 to 18,825,350, a change of -101,590 (-0.5%).
Net income of 839,170 contributed positively to equity growth.
Share repurchases of 1,001,470 reduced equity.

Equity Change Factors (2021 to 2022)

Factor	Impact	Contribution
Net Income	€839.17K	+4.46%
Share Repurchases	€1.00 Million	-5.32%
Other Changes	€60.71K	+0.32%
Total Change	€-	-0.54%

Book Value vs Market Value Analysis

This analysis compares Elve 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: 1.02x
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
2020-12-31	€5.38	€5.80	x
2021-12-31	€5.72	€5.80	x
2022-12-31	€5.69	€5.80	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Elve 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): 4.46%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 5.69%
• Asset Turnover: 0.64x
• Equity Multiplier: 1.23x
Recent ROE (4.46%) is below the historical average (6.29%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2014	15.91%	15.68%	0.58x	1.76x	€1.10 Million
2015	0.88%	0.77%	0.68x	1.67x	€-1.61 Million
2016	3.24%	2.43%	0.72x	1.84x	€-1.18 Million
2017	2.83%	1.77%	0.87x	1.85x	€-1.22 Million
2018	2.97%	2.04%	0.79x	1.83x	€-1.19 Million
2019	5.30%	3.19%	0.78x	2.13x	€-786.06K
2020	11.35%	5.95%	0.86x	2.22x	€239.45K
2021	9.69%	6.23%	0.71x	2.19x	€-59.37K
2022	4.46%	5.69%	0.64x	1.23x	€-1.04 Million

Industry Comparison

This section compares Elve S.A's net assets metrics with peer companies in the Apparel Manufacturing industry.

Industry Context

Industry: Apparel Manufacturing
Average net assets among peers: $1,114,790
Average return on equity (ROE) among peers: -58.03%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Elve S.A (ELBE)	€18.83 Million	15.91%	0.23x	$19.51 Million
Duros S.A. (DUR)	$1.11 Million	-58.03%	9.45x	$990.33K

About Elve S.A

AT:ELBE Greece Apparel Manufacturing

Market Cap

$22.43 Million

€19.18 Million EUR

Market Cap Rank

#25155 Global

#88 in Greece

Share Price

€5.80

Change (1 day)

-0.85%

52-Week Range

€5.00 - €6.30

All Time High

€7.22