Hellenic Petroleum S.A (ELPE) - Net Assets

Latest as of December 2025: €2.73 Billion EUR ≈ $3.19 Billion USD

Based on the latest financial reports, Hellenic Petroleum S.A (ELPE) has net assets worth €2.73 Billion EUR (≈ $3.19 Billion USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€8.57 Billion ≈ $10.02 Billion USD) and total liabilities (€5.84 Billion ≈ $6.83 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 tangible equity quality of Hellenic Petroleum S.A to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	€2.73 Billion
% of Total Assets	31.84%
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. See Hellenic Petroleum S.A defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.

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. For live valuation and market cap data, see Hellenic Petroleum S.A (ELPE) total market value.

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	--

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
Shanghai M&G Stationery Inc SHG:603899	$2.98 Billion
Callaway Golf Company NYSE:CALY	$2.98 Billion
Yantai Eddie Precision Mach SHG:603638	$2.98 Billion
SL Green Realty Corp NYSE:SLG	$2.98 Billion
Dongguan Yiheda Automation Co. Ltd. SHE:301029	$2.98 Billion
INVENTURUS KNOWLEDGE SO L NSE:IKS	$2.98 Billion
Amber Enterprises India Limited NSE:AMBER	$2.97 Billion
SES S.A F:SES	$2.97 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: 1.19x
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 1.36x to 1.19x 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	€10.39	x
2019-12-31	€7.40	€10.39	x
2020-12-31	€5.85	€10.39	x
2021-12-31	€6.76	€10.39	x
2022-12-31	€8.70	€10.39	x
2023-12-31	€9.42	€10.39	x
2024-12-31	€8.86	€10.39	x
2025-12-31	€8.74	€10.39	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

AT:ELPE Greece Oil & Gas Integrated

Market Cap

$3.71 Billion

€3.18 Billion EUR

Market Cap Rank

#5034 Global

#12 in Greece

Share Price

€10.39

Change (1 day)

+2.16%

52-Week Range

€7.64 - €10.54

All Time High

€10.54