Elastron S.A. - Steel Service Centers (ELSTR) - Net Assets
Based on the latest financial reports, Elastron S.A. - Steel Service Centers (ELSTR) has net assets worth €81.38 Million EUR (≈ $95.14 Million USD) 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 ≈ $230.04 Million USD) and total liabilities (€115.39 Million ≈ $134.90 Million 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. Also explore Elastron S.A. - Steel Service Centers assets under control for the complete picture of this company's asset base.
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. For live valuation and market cap data, see how much is Elastron S.A. - Steel Service Centers worth.
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. Explore Elastron S.A. - Steel Service Centers (ELSTR) cash conversion ratio to assess how effectively this company generates cash.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €81.38 Million ≈ $95.14 Million |
-1.08% |
| 2023-12-31 | €82.27 Million ≈ $96.18 Million |
-5.76% |
| 2022-12-31 | €87.30 Million ≈ $102.06 Million |
+7.99% |
| 2021-12-31 | €80.84 Million ≈ $94.51 Million |
+22.77% |
| 2020-12-31 | €65.85 Million ≈ $76.99 Million |
+2.54% |
| 2019-12-31 | €64.22 Million ≈ $75.08 Million |
-3.20% |
| 2018-12-31 | €66.34 Million ≈ $77.56 Million |
-1.89% |
| 2017-12-31 | €67.62 Million ≈ $79.06 Million |
+3.52% |
| 2016-12-31 | €65.32 Million ≈ $76.37 Million |
+2.58% |
| 2015-12-31 | €63.68 Million ≈ $74.45 Million |
-3.63% |
| 2014-12-31 | €66.08 Million ≈ $77.25 Million |
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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 |
|---|---|
|
FAR Ltd
AU:FAR
|
$39.56 Million |
|
Prime Financial Group Ltd
AU:PFG
|
$39.57 Million |
|
Ferroamp Elektronik AB
ST:FERRO
|
$39.59 Million |
|
Fuel Tech Inc
NASDAQ:FTEK
|
$39.61 Million |
|
Saeron Auto
KO:075180
|
$39.56 Million |
|
BREMER LAGERHAUS-GESELLSCHAFT -Aktiengesellschaft von 1877-
F:BLH
|
$39.55 Million |
|
BG Staffing Inc
NYSE:BGSF
|
$39.55 Million |
|
Zhong An Group Limited
F:35Z
|
$39.53 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: 0.51x
- 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 0.63x to 0.51x 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 | €2.26 | x |
| 2019-12-31 | €3.49 | €2.26 | x |
| 2020-12-31 | €3.58 | €2.26 | x |
| 2021-12-31 | €4.39 | €2.26 | x |
| 2022-12-31 | €4.74 | €2.26 | x |
| 2023-12-31 | €4.47 | €2.26 | x |
| 2024-12-31 | €4.42 | €2.26 | 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: $8,086,013
- Average return on equity (ROE) among peers: -11.62%
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 | $39.56 Million |
| Kordellos Ch. Bros S.A (KORDE) | $16.63 Million | 4.60% | 2.08x | $10.27 Million |
| N. Leventeris S.A. (LEBEK) | $9.24 Million | -8.14% | 0.31x | $2.16 Million |
| Mevaco S.A (MEVA) | $28.69 Million | -3.25% | 0.66x | $97.44 Million |
| Pipe Works L. Girakian Profil S.A. (PROFK) | $3.62 Million | -51.32% | 5.57x | $5.21 Million |
| Sidma S.A. Steel Products (SIDMA) | $-17.75 Million | 0.00% | 0.00x | $20.31 Million |
About 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