Ellaktor S.A
Ellaktor S.A., through its subsidiaries, engages in the construction and quarrying, wind energy, concession, environment, and real estate development businesses in Greece, other European countries, Gulf countries, the Americas, and Australia. The company operates through five segments: Construction, Concessions, Renewable Energy Sources (RES), Environment, and Real estate Development. It construc… Read more
Ellaktor S.A (ELLAKTOR) - Net Assets
Latest net assets as of June 2024: €779.92 Million EUR
Based on the latest financial reports, Ellaktor S.A (ELLAKTOR) has net assets worth €779.92 Million EUR as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€1.91 Billion) and total liabilities (€1.13 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 | €779.92 Million |
| % of Total Assets | 40.74% |
| Annual Growth Rate | -1.5% |
| 5-Year Change | 82.85% |
| 10-Year Change | N/A |
| Growth Volatility | 46.02 |
Ellaktor S.A - Net Assets Trend (2014–2023)
This chart illustrates how Ellaktor 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 Ellaktor S.A (2014–2023)
The table below shows the annual net assets of Ellaktor S.A from 2014 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | €974.68 Million | +17.74% |
| 2022-12-31 | €827.85 Million | +127.87% |
| 2021-12-31 | €363.31 Million | +9.32% |
| 2020-12-31 | €332.35 Million | -37.65% |
| 2019-12-31 | €533.05 Million | -18.25% |
| 2018-12-31 | €652.01 Million | -24.20% |
| 2017-12-31 | €860.19 Million | -3.61% |
| 2016-12-31 | €892.42 Million | -13.46% |
| 2015-12-31 | €1.03 Billion | -7.61% |
| 2014-12-31 | €1.12 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Ellaktor 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 139.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €152.38 Million | 17.00% |
| Other Components | €744.20 Million | 83.00% |
| Total Equity | €896.58 Million | 100.00% |
Ellaktor S.A Competitors by Market Cap
The table below lists competitors of Ellaktor S.A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Reach Subsea
OL:REACH
|
$50.85 Million |
|
Reach Subsea ASA
LSE:0EMB
|
$50.85 Million |
|
Mccoy Global Inc
PINK:MCCRF
|
$50.85 Million |
|
E-Data Teknoloji Pazarlama AS
IS:EDATA
|
$50.89 Million |
|
Etoiles Capital Group Co., Ltd. Class A Ordinary Shares
NASDAQ:EFTY
|
$50.84 Million |
|
Meta Biomed Co. Ltd
KQ:059210
|
$50.83 Million |
|
Cross Timbers Royalty Trust
NYSE:CRT
|
$50.82 Million |
|
Lanvin Group Holdings Limited
NYSE:LANV
|
$50.81 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ellaktor S.A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 827,852,000 to 896,576,000, a change of 68,724,000 (8.3%).
- Net income of 33,330,000 contributed positively to equity growth.
- Dividend payments of 27,257,000 reduced retained earnings.
- Share repurchases of 1,965,000 reduced equity.
- Other factors increased equity by 64,616,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €33.33 Million | +3.72% |
| Dividends Paid | €27.26 Million | -3.04% |
| Share Repurchases | €1.97 Million | -0.22% |
| Other Changes | €64.62 Million | +7.21% |
| Total Change | €- | 8.30% |
Book Value vs Market Value Analysis
This analysis compares Ellaktor 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: 0.50x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-12-31 | €2.51 | €1.28 | x |
| 2019-12-31 | €1.81 | €1.28 | x |
| 2020-12-31 | €1.00 | €1.28 | x |
| 2021-12-31 | €0.82 | €1.28 | x |
| 2022-12-31 | €2.38 | €1.28 | x |
| 2023-12-31 | €2.57 | €1.28 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ellaktor 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): 3.72%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 11.60%
- • Asset Turnover: 0.14x
- • Equity Multiplier: 2.21x
- Recent ROE (3.72%) is above the historical average (-14.72%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | -5.86% | -3.34% | 0.37x | 4.73x | €-139.75 Million |
| 2015 | -13.29% | -6.92% | 0.38x | 5.04x | €-185.90 Million |
| 2016 | -18.18% | -6.28% | 0.50x | 5.78x | €-188.96 Million |
| 2017 | -6.49% | -2.21% | 0.53x | 5.59x | €-104.64 Million |
| 2018 | -26.90% | -6.71% | 0.58x | 6.96x | €-170.89 Million |
| 2019 | -31.73% | -10.32% | 0.42x | 7.38x | €-172.81 Million |
| 2020 | -81.30% | -20.93% | 0.32x | 12.29x | €-209.68 Million |
| 2021 | -27.19% | -8.49% | 0.32x | 9.91x | €-106.33 Million |
| 2022 | 60.03% | 47.63% | 0.43x | 2.96x | €414.21 Million |
| 2023 | 3.72% | 11.60% | 0.14x | 2.21x | €-56.33 Million |
Industry Comparison
This section compares Ellaktor S.A's net assets metrics with peer companies in the Engineering & Construction industry.
Industry Context
- Industry: Engineering & Construction
- Average net assets among peers: $53,393,313
- Average return on equity (ROE) among peers: -0.23%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Ellaktor S.A (ELLAKTOR) | €779.92 Million | -5.86% | 1.45x | $50.84 Million |
| Avax S.A (AVAX) | $177.41 Million | -18.46% | 6.39x | $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 |
| 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 |