Elastron S.A. - Steel Service Centers
Elastron S.A. - Steel Service Centers imports, processes, produces, and resells steel products in Greece and internationally. It operates through Steel Products and Energy segments. The company offers hot-rolled and cold rolled sheets and strips, galvanized sheets, heavy plates, and strips; long products, such as beams, joists, channels, flats, equal and unequal angles, rounds, squares, T-section… Read more
Elastron S.A. - Steel Service Centers (ELSTR) - Net Assets
Latest net assets as of December 2024: €81.38 Million EUR
Based on the latest financial reports, Elastron S.A. - Steel Service Centers (ELSTR) has net assets worth €81.38 Million EUR as of December 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€196.77 Million) and total liabilities (€115.39 Million). 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 | €81.38 Million |
| % of Total Assets | 41.36% |
| Annual Growth Rate | 2.1% |
| 5-Year Change | 23.59% |
| 10-Year Change | 27.8% |
| Growth Volatility | 7.82 |
Elastron S.A. - Steel Service Centers - Net Assets Trend (2014–2024)
This chart illustrates how Elastron S.A. - Steel Service Centers's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Elastron S.A. - Steel Service Centers (2014–2024)
The table below shows the annual net assets of Elastron S.A. - Steel Service Centers from 2014 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €81.38 Million | -1.08% |
| 2023-12-31 | €82.27 Million | -5.76% |
| 2022-12-31 | €87.30 Million | +7.99% |
| 2021-12-31 | €80.84 Million | +22.77% |
| 2020-12-31 | €65.85 Million | +2.54% |
| 2019-12-31 | €64.22 Million | -3.20% |
| 2018-12-31 | €66.34 Million | -1.89% |
| 2017-12-31 | €67.62 Million | +3.52% |
| 2016-12-31 | €65.32 Million | +2.58% |
| 2015-12-31 | €63.68 Million | -3.63% |
| 2014-12-31 | €66.08 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Elastron S.A. - Steel Service Centers'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 decreased by 12.8% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €29.73 Million | 36.54% |
| Other Components | €51.62 Million | 63.46% |
| Total Equity | €81.36 Million | 100.00% |
Elastron S.A. - Steel Service Centers Competitors by Market Cap
The table below lists competitors of Elastron S.A. - Steel Service Centers ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Sam Jung Pulp
KO:009770
|
$14.36 Million |
|
Plus Group Holdings Inc.
F:EJ0
|
$14.36 Million |
|
Vietnam Electricity Construction JSC
VN:VNE
|
$14.36 Million |
|
Kingfish Company Nv
OL:KING
|
$14.37 Million |
|
CZR Resources Ltd
AU:CZR
|
$14.35 Million |
|
Quality Construction Products Public Company Limited
BK:Q-CON
|
$14.34 Million |
|
Australis Oil & Gas Ltd
AU:ATS
|
$14.34 Million |
|
ACMNF
PINK:ACMNF
|
$14.34 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Elastron S.A. - Steel Service Centers's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 82,246,011 to 81,356,434, a change of -889,578 (-1.1%).
- Net loss of 535,212 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-535.21K | -0.66% |
| Other Changes | €-354.37K | -0.44% |
| Total Change | €- | -1.08% |
Book Value vs Market Value Analysis
This analysis compares Elastron S.A. - Steel Service Centers'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: 0.49x
- 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 0.60x to 0.49x 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 | €3.60 | €2.18 | x |
| 2019-12-31 | €3.49 | €2.18 | x |
| 2020-12-31 | €3.58 | €2.18 | x |
| 2021-12-31 | €4.39 | €2.18 | x |
| 2022-12-31 | €4.74 | €2.18 | x |
| 2023-12-31 | €4.47 | €2.18 | x |
| 2024-12-31 | €4.42 | €2.18 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Elastron S.A. - Steel Service Centers 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): -0.66%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -0.30%
- • Asset Turnover: 0.90x
- • Equity Multiplier: 2.42x
- Recent ROE (-0.66%) is below the historical average (2.23%), 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 | -5.53% | -6.79% | 0.48x | 1.71x | €-10.26 Million |
| 2015 | -3.76% | -3.77% | 0.66x | 1.52x | €-8.76 Million |
| 2016 | 2.45% | 2.12% | 0.72x | 1.61x | €-4.93 Million |
| 2017 | 3.54% | 2.65% | 0.70x | 1.91x | €-4.37 Million |
| 2018 | -1.70% | -1.04% | 0.87x | 1.89x | €-7.76 Million |
| 2019 | -3.11% | -1.79% | 0.88x | 1.98x | €-8.42 Million |
| 2020 | 2.64% | 1.67% | 0.81x | 1.95x | €-4.85 Million |
| 2021 | 18.91% | 9.36% | 0.96x | 2.11x | €7.20 Million |
| 2022 | 13.31% | 6.42% | 0.96x | 2.16x | €2.89 Million |
| 2023 | -1.59% | -0.71% | 0.99x | 2.26x | €-9.53 Million |
| 2024 | -0.66% | -0.30% | 0.90x | 2.42x | €-8.67 Million |
Industry Comparison
This section compares Elastron S.A. - Steel Service Centers's net assets metrics with peer companies in the Steel industry.
Industry Context
- Industry: Steel
- Average net assets among peers: $14,829,508
- Average return on equity (ROE) among peers: 5.89%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Elastron S.A. - Steel Service Centers (ELSTR) | €81.38 Million | -5.53% | 1.42x | $14.35 Million |
| Kordellos Ch. Bros S.A (KORDE) | $18.72 Million | -6.60% | 1.99x | $3.10 Million |
| N. Leventeris S.A. (LEBEK) | $9.24 Million | -8.14% | 0.31x | $967.13K |
| Mevaco S.A (MEVA) | $24.36 Million | 7.95% | 0.55x | $49.09 Million |
| Pipe Works L. Girakian Profil S.A. (PROFK) | $-37.11K | 0.00% | 0.00x | $2.80 Million |
| Sidma S.A. Steel Products (SIDMA) | $21.87 Million | 36.26% | 6.51x | $6.18 Million |