Hellenic Petroleum S.A (ELPE) - Net Assets

Latest as of September 2025: €2.74 Billion EUR

Based on the latest financial reports, Hellenic Petroleum S.A (ELPE) has net assets worth €2.74 Billion EUR as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€8.28 Billion) and total liabilities (€5.54 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	€2.74 Billion
% of Total Assets	33.1%
Annual Growth Rate	4.8%
5-Year Change	49.4%
10-Year Change	54.29%
Growth Volatility	13.22

Hellenic Petroleum S.A - Net Assets Trend (2014–2024)

This chart illustrates how Hellenic Petroleum 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 Hellenic Petroleum S.A (2014–2024)

The table below shows the annual net assets of Hellenic Petroleum S.A from 2014 to 2024.

Year	Net Assets	Change
2024-12-31	€2.76 Billion	-6.25%
2023-12-31	€2.95 Billion	+8.03%
2022-12-31	€2.73 Billion	+28.10%
2021-12-31	€2.13 Billion	+15.16%
2020-12-31	€1.85 Billion	-20.53%
2019-12-31	€2.33 Billion	-2.85%
2018-12-31	€2.39 Billion	+0.98%
2017-12-31	€2.37 Billion	+10.74%
2016-12-31	€2.14 Billion	+19.63%
2015-12-31	€1.79 Billion	+3.57%
2014-12-31	€1.73 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 145.7% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Retained Earnings	€1.36 Billion	50.25%
Other Components	€1.35 Billion	49.75%
Total Equity	€2.71 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
Global Business Travel Group Inc NYSE:GBTG	$2.83 Billion
Banc of California, Inc. NYSE:BANC	$2.83 Billion
Shanghai Tunnel Engineering Co Ltd SHG:600820	$2.83 Billion
JAPAN AIRPORT TER. F:0JA	$2.83 Billion
Curbline Properties Corp. NYSE:CURB	$2.82 Billion
China Suntien Green Energy Corp Ltd SHG:600956	$2.82 Billion
The Cheesecake Factory NASDAQ:CAKE	$2.82 Billion
MultiChoice Group Ltd JSE:MCG	$2.82 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 2023 to 2024, total equity changed from 2,879,474,000 to 2,706,938,000, a change of -172,536,000 (-6.0%).
Net income of 59,789,000 contributed positively to equity growth.
Dividend payments of 274,748,000 reduced retained earnings.
Other factors increased equity by 42,423,000.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	€59.79 Million	+2.21%
Dividends Paid	€274.75 Million	-10.15%
Other Changes	€42.42 Million	+1.57%
Total Change	€-	-5.99%

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: 1.06x
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 1.23x to 1.06x 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	€9.37	x
2019-12-31	€7.40	€9.37	x
2020-12-31	€5.85	€9.37	x
2021-12-31	€6.76	€9.37	x
2022-12-31	€8.70	€9.37	x
2023-12-31	€9.42	€9.37	x
2024-12-31	€8.86	€9.37	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): 2.21%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 0.47%
• Asset Turnover: 1.65x
• Equity Multiplier: 2.86x
Recent ROE (2.21%) is below the historical average (6.86%), 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

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

$3.35 Billion

€2.86 Billion EUR

Market Cap Rank

#5098 Global

#15 in Greece

Share Price

€9.37

Change (1 day)

-3.65%

52-Week Range

€7.40 - €10.29

All Time High

€10.29