Hellenic Petroleum S.A (ELPE) - Net Assets
Based on the latest financial reports, Hellenic Petroleum S.A (ELPE) has net assets worth €3.46 Billion EUR (≈ $4.05 Billion USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€10.09 Billion ≈ $11.80 Billion USD) and total liabilities (€6.63 Billion ≈ $7.75 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 ELPE capital-intensive asset ratio to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €3.46 Billion |
| % of Total Assets | 34.28% |
| Annual Growth Rate | 4.23% |
| 5-Year Change | 28.13% |
| 10-Year Change | 27.37% |
| Growth Volatility | 12.76 |
Hellenic Petroleum S.A - Net Assets Trend (2014–2025)
This chart illustrates how Hellenic Petroleum S.A's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see Hellenic Petroleum S.A market cap and net worth.
Annual Net Assets for Hellenic Petroleum S.A (2014–2025)
The table below shows the annual net assets of Hellenic Petroleum S.A from 2014 to 2025. Also explore ELPE year-over-year net asset growth to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | €2.73 Billion ≈ $3.19 Billion |
-1.24% |
| 2024-12-31 | €2.76 Billion ≈ $3.23 Billion |
-6.25% |
| 2023-12-31 | €2.95 Billion ≈ $3.44 Billion |
+8.03% |
| 2022-12-31 | €2.73 Billion ≈ $3.19 Billion |
+28.10% |
| 2021-12-31 | €2.13 Billion ≈ $2.49 Billion |
+15.16% |
| 2020-12-31 | €1.85 Billion ≈ $2.16 Billion |
-20.53% |
| 2019-12-31 | €2.33 Billion ≈ $2.72 Billion |
-2.85% |
| 2018-12-31 | €2.39 Billion ≈ $2.80 Billion |
+0.98% |
| 2017-12-31 | €2.37 Billion ≈ $2.77 Billion |
+10.74% |
| 2016-12-31 | €2.14 Billion ≈ $2.50 Billion |
+19.63% |
| 2015-12-31 | €1.79 Billion ≈ $2.09 Billion |
+3.57% |
| 2014-12-31 | €1.73 Billion ≈ $2.02 Billion |
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Equity Component Analysis
This analysis shows how different components contribute to Hellenic Petroleum 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 133.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €1.29 Billion | 48.30% |
| Other Components | €1.38 Billion | 51.70% |
| Total Equity | €2.67 Billion | 100.00% |
Hellenic Petroleum S.A Competitors by Market Cap
The table below lists competitors of Hellenic Petroleum S.A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Sotera Health Co
NASDAQ:SHC
|
$5.42 Billion |
|
Bachem Holding AG
SW:BANB
|
$5.42 Billion |
|
Kingnet Network Co Ltd
SHE:002517
|
$5.42 Billion |
|
GDS HLDGS LTD DL-00005
F:G401
|
$5.42 Billion |
|
GREEK O.FOOTB. ADR 1/2
F:GF8A
|
$5.41 Billion |
|
Hisense Electric Co Ltd
SHG:600060
|
$5.41 Billion |
|
Godrej Properties Limited
NSE:GODREJPROP
|
$5.41 Billion |
|
NewJersey Resources Corporation
NYSE:NJR
|
$5.41 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hellenic Petroleum S.A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 2,706,938,000 to 2,671,891,000, a change of -35,047,000 (-1.3%).
- Net income of 173,354,000 contributed positively to equity growth.
- Dividend payments of 229,798,000 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €173.35 Million | +6.49% |
| Dividends Paid | €229.80 Million | -8.6% |
| Other Changes | €21.40 Million | +0.8% |
| Total Change | €- | -1.29% |
Book Value vs Market Value Analysis
This analysis compares Hellenic Petroleum 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: 2.06x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 2.36x to 2.06x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-12-31 | €7.63 | €18.00 | x |
| 2019-12-31 | €7.40 | €18.00 | x |
| 2020-12-31 | €5.85 | €18.00 | x |
| 2021-12-31 | €6.76 | €18.00 | x |
| 2022-12-31 | €8.70 | €18.00 | x |
| 2023-12-31 | €9.42 | €18.00 | x |
| 2024-12-31 | €8.86 | €18.00 | x |
| 2025-12-31 | €8.74 | €18.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hellenic Petroleum 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): 6.49%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.49%
- • Asset Turnover: 1.36x
- • Equity Multiplier: 3.21x
- Recent ROE (6.49%) is below the historical average (6.83%), 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 | -22.57% | -3.85% | 1.23x | 4.77x | €-527.11 Million |
| 2015 | 2.77% | 0.64% | 0.91x | 4.77x | €-121.75 Million |
| 2016 | 16.17% | 4.99% | 0.92x | 3.52x | €125.78 Million |
| 2017 | 16.52% | 4.77% | 1.12x | 3.10x | €150.51 Million |
| 2018 | 9.08% | 2.17% | 1.40x | 3.00x | €-21.46 Million |
| 2019 | 7.11% | 1.82% | 1.25x | 3.14x | €-65.40 Million |
| 2020 | -22.16% | -6.85% | 0.85x | 3.79x | €-574.48 Million |
| 2021 | 16.34% | 3.66% | 1.19x | 3.77x | €130.98 Million |
| 2022 | 33.44% | 6.13% | 1.69x | 3.22x | €623.53 Million |
| 2023 | 16.59% | 3.73% | 1.58x | 2.82x | €189.78 Million |
| 2024 | 2.21% | 0.47% | 1.65x | 2.86x | €-210.90 Million |
| 2025 | 6.49% | 1.49% | 1.36x | 3.21x | €-93.84 Million |
Industry Comparison
This section compares Hellenic Petroleum S.A's net assets metrics with peer companies in the Oil & Gas Integrated industry.
No peer company data available for comparison.
About Hellenic Petroleum S.A
HELLENiQ ENERGY Holdings S.A., together with its subsidiaries, operates in the energy sector primarily in Greece, the South-eastern Europe, and the East Mediterranean. The company operates through: Refining, Supply and Trading; Marketing; Production and Trading of Petrochemicals; Electricity Generation & Trading and Natural Gas; Exploration and Production of Hydrocarbons; and Electromobility segm… Read more