Elinoil Hellenic Petroleum Company S.A (ELIN) - Net Assets
Based on the latest financial reports, Elinoil Hellenic Petroleum Company S.A (ELIN) has net assets worth €70.23 Million EUR (≈ $82.11 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 (€443.60 Million ≈ $518.61 Million USD) and total liabilities (€373.37 Million ≈ $436.51 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. Check Elinoil Hellenic Petroleum Company S.A (ELIN) asset resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €70.23 Million |
| % of Total Assets | 15.83% |
| Annual Growth Rate | 5.61% |
| 5-Year Change | 32.66% |
| 10-Year Change | N/A |
| Growth Volatility | 5.87 |
Elinoil Hellenic Petroleum Company S.A - Net Assets Trend (2014–2022)
This chart illustrates how Elinoil Hellenic Petroleum Company S.A's net assets have evolved over time, based on quarterly financial data. Also explore total assets of Elinoil Hellenic Petroleum Company S.A for the complete picture of this company's asset base.
Annual Net Assets for Elinoil Hellenic Petroleum Company S.A (2014–2022)
The table below shows the annual net assets of Elinoil Hellenic Petroleum Company S.A from 2014 to 2022. For live valuation and market cap data, see Elinoil Hellenic Petroleum Company S.A stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2022-12-31 | €70.23 Million ≈ $82.11 Million |
+17.35% |
| 2021-12-31 | €59.85 Million ≈ $69.97 Million |
+6.97% |
| 2020-12-31 | €55.95 Million ≈ $65.41 Million |
+9.07% |
| 2018-12-31 | €51.30 Million ≈ $59.97 Million |
-3.10% |
| 2017-12-31 | €52.94 Million ≈ $61.89 Million |
+5.94% |
| 2016-12-31 | €49.97 Million ≈ $58.42 Million |
+1.85% |
| 2015-12-31 | €49.06 Million ≈ $57.36 Million |
+8.12% |
| 2014-12-31 | €45.38 Million ≈ $53.05 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Elinoil Hellenic Petroleum Company 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 190.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2022)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €37.54 Million | 53.46% |
| Common Stock | €11.91 Million | 16.96% |
| Other Components | €20.77 Million | 29.58% |
| Total Equity | €70.23 Million | 100.00% |
Elinoil Hellenic Petroleum Company S.A Competitors by Market Cap
The table below lists competitors of Elinoil Hellenic Petroleum Company S.A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Asia Hotel Public Company Limited
BK:ASIA
|
$53.36 Million |
|
Reitmans (Canada) Limited
V:RET-A
|
$53.37 Million |
|
Santova Ltd
JSE:SNV
|
$53.41 Million |
|
Franklin Street Properties Corp
NYSE MKT:FSP
|
$53.42 Million |
|
Kalray SA
PA:ALKAL
|
$53.30 Million |
|
Kanpur Plastipack Limited
NSE:KANPRPLA
|
$53.28 Million |
|
Universus Photo Imagings Limited
NSE:UNIVPHOTO
|
$53.27 Million |
|
Cheetah Mobile Inc
NYSE:CMCM
|
$53.26 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Elinoil Hellenic Petroleum Company S.A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2021 to 2022, total equity changed from 59,849,010 to 70,230,420, a change of 10,381,410 (17.3%).
- Net income of 12,023,190 contributed positively to equity growth.
- Dividend payments of 1,747,610 reduced retained earnings.
Equity Change Factors (2021 to 2022)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €12.02 Million | +17.12% |
| Dividends Paid | €1.75 Million | -2.49% |
| Other Changes | €105.83K | +0.15% |
| Total Change | €- | 17.35% |
Book Value vs Market Value Analysis
This analysis compares Elinoil Hellenic Petroleum Company 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: 0.74x
- 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 0.93x to 0.74x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | €2.36 | €2.19 | x |
| 2021-12-31 | €2.52 | €2.19 | x |
| 2022-12-31 | €2.96 | €2.19 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Elinoil Hellenic Petroleum Company 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): 17.12%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.32%
- • Asset Turnover: 8.52x
- • Equity Multiplier: 6.32x
- Recent ROE (17.12%) is above the historical average (7.48%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 2.65% | 0.12% | 7.64x | 2.78x | €-3.33 Million |
| 2015 | 7.47% | 0.36% | 7.83x | 2.68x | €-1.24 Million |
| 2016 | 9.76% | 0.38% | 8.30x | 3.12x | €-120.88K |
| 2017 | 7.97% | 0.31% | 8.21x | 3.15x | €-1.07 Million |
| 2018 | 5.50% | 0.13% | 10.53x | 4.08x | €-2.31 Million |
| 2020 | 2.78% | 0.11% | 8.05x | 3.24x | €-4.04 Million |
| 2021 | 6.61% | 0.26% | 6.77x | 3.73x | €-2.03 Million |
| 2022 | 17.12% | 0.32% | 8.52x | 6.32x | €5.00 Million |
Industry Comparison
This section compares Elinoil Hellenic Petroleum Company S.A's net assets metrics with peer companies in the Oil & Gas Refining & Marketing industry.
Industry Context
- Industry: Oil & Gas Refining & Marketing
- Average net assets among peers: $1,383,714,230
- Average return on equity (ROE) among peers: -165.11%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Elinoil Hellenic Petroleum Company S.A (ELIN) | €70.23 Million | 2.65% | 5.32x | $53.35 Million |
| Motor Oil (Hellas) Corinth Refineries S.A (MOH) | $2.76 Billion | 10.27% | 1.64x | $3.85 Billion |
| Revoil S.A (REVOIL) | $8.64 Million | -340.48% | 13.16x | $37.07 Million |
About Elinoil Hellenic Petroleum Company S.A
Elinoil Hellenic Petroleum Company S.A. engages in the supply of liquid and solid fuels, and lubricants for industrial plants worldwide. The company offers gasoline; motor oil; differentiated fuels crystal next; heating oil; fuel oil; asphalt; lubricants comprising vehicle, industrial, and marine lubricants, as well as greases and various other special products; cutterstocks; feedstocks; electric… Read more