Thessaloniki Water Supply & Sewerage Co S.A
Thessaloniki Water Supply & Sewerage Co S.A., doing business as EYATH S.A., provides water supply and sewerage services in Greece. The company engages in the design, construction, installation, operation, utilization, management, maintenance, extension, and renewal of water supply and sewerage systems. Its activities include projects, such as desalination, pumping, treatment, storage, transport, … Read more
Thessaloniki Water Supply & Sewerage Co S.A (EYAPS) - Net Assets
Latest net assets as of June 2025: €183.80 Million EUR
Based on the latest financial reports, Thessaloniki Water Supply & Sewerage Co S.A (EYAPS) has net assets worth €183.80 Million EUR as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€238.88 Million) and total liabilities (€55.08 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 | €183.80 Million |
| % of Total Assets | 76.94% |
| Annual Growth Rate | 2.51% |
| 5-Year Change | 0.77% |
| 10-Year Change | 23.99% |
| Growth Volatility | 3.72 |
Thessaloniki Water Supply & Sewerage Co S.A - Net Assets Trend (2014–2024)
This chart illustrates how Thessaloniki Water Supply & Sewerage Co 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 Thessaloniki Water Supply & Sewerage Co S.A (2014–2024)
The table below shows the annual net assets of Thessaloniki Water Supply & Sewerage Co S.A from 2014 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €186.82 Million | +6.09% |
| 2023-12-31 | €176.09 Million | -0.75% |
| 2022-12-31 | €177.42 Million | -6.25% |
| 2021-12-31 | €189.25 Million | +2.08% |
| 2020-12-31 | €185.39 Million | +1.19% |
| 2019-12-31 | €183.21 Million | +5.82% |
| 2018-12-31 | €173.14 Million | +6.60% |
| 2017-12-31 | €162.42 Million | +5.36% |
| 2016-12-31 | €154.16 Million | +2.31% |
| 2015-12-31 | €150.67 Million | +3.35% |
| 2014-12-31 | €145.78 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Thessaloniki Water Supply & Sewerage Co 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 24.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €106.90 Million | 57.22% |
| Other Components | €79.92 Million | 42.78% |
| Total Equity | €186.82 Million | 100.00% |
Thessaloniki Water Supply & Sewerage Co S.A Competitors by Market Cap
The table below lists competitors of Thessaloniki Water Supply & Sewerage Co S.A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Redwood Capital Bancorp
OTCQX:RWCB
|
$37.21 Million |
|
Hang Xanh Motors Service JSC
VN:HAX
|
$37.22 Million |
|
Ginar Technology Co Ltd
TWO:6151
|
$37.22 Million |
|
Quaser Machine Tools
TWO:4563
|
$37.26 Million |
|
Novotek AB
ST:NTEK-B
|
$37.16 Million |
|
Ekinops SA
PA:EKI
|
$37.16 Million |
|
eHealth Inc
NASDAQ:EHTH
|
$37.15 Million |
|
Expleo Solutions Limited
NSE:EXPLEOSOL
|
$37.15 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Thessaloniki Water Supply & Sewerage Co S.A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 176,092,000 to 186,819,000, a change of 10,727,000 (6.1%).
- Net income of 5,856,000 contributed positively to equity growth.
- Dividend payments of 989,000 reduced retained earnings.
- Other factors increased equity by 5,860,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €5.86 Million | +3.13% |
| Dividends Paid | €989.00K | -0.53% |
| Other Changes | €5.86 Million | +3.14% |
| Total Change | €- | 6.09% |
Book Value vs Market Value Analysis
This analysis compares Thessaloniki Water Supply & Sewerage Co 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: 0.75x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-12-31 | €4.77 | €3.84 | x |
| 2019-12-31 | €5.05 | €3.84 | x |
| 2020-12-31 | €5.11 | €3.84 | x |
| 2021-12-31 | €5.21 | €3.84 | x |
| 2022-12-31 | €4.89 | €3.84 | x |
| 2023-12-31 | €4.85 | €3.84 | x |
| 2024-12-31 | €5.15 | €3.84 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Thessaloniki Water Supply & Sewerage Co 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): 3.13%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.85%
- • Asset Turnover: 0.36x
- • Equity Multiplier: 1.28x
- Recent ROE (3.13%) is below the historical average (6.05%), 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 | 9.18% | 18.16% | 0.39x | 1.30x | €-1.20 Million |
| 2015 | 8.95% | 18.46% | 0.39x | 1.25x | €-1.58 Million |
| 2016 | 8.08% | 17.00% | 0.38x | 1.24x | €-2.96 Million |
| 2017 | 10.13% | 22.41% | 0.37x | 1.23x | €206.60K |
| 2018 | 8.09% | 19.17% | 0.35x | 1.21x | €-3.31 Million |
| 2019 | 8.00% | 20.17% | 0.33x | 1.19x | €-3.66 Million |
| 2020 | 6.40% | 16.50% | 0.32x | 1.19x | €-6.67 Million |
| 2021 | 5.99% | 15.40% | 0.32x | 1.21x | €-7.59 Million |
| 2022 | -2.25% | -5.63% | 0.32x | 1.25x | €-21.73 Million |
| 2023 | 0.80% | 1.73% | 0.36x | 1.29x | €-16.20 Million |
| 2024 | 3.13% | 6.85% | 0.36x | 1.28x | €-12.83 Million |
Industry Comparison
This section compares Thessaloniki Water Supply & Sewerage Co S.A's net assets metrics with peer companies in the Utilities - Regulated Water industry.
No peer company data available for comparison.