Iktinos Hellas S.A. Greek Marble Industry Technical and Touristic Company (IKTIN) - Net Assets
Based on the latest financial reports, Iktinos Hellas S.A. Greek Marble Industry Technical and Touristic Company (IKTIN) has net assets worth €39.18 Million EUR (≈ $45.81 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 (€117.74 Million ≈ $137.65 Million USD) and total liabilities (€78.56 Million ≈ $91.84 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 how large is Iktinos Hellas S.A. Greek Marble Industr's balance sheet for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €39.18 Million |
| % of Total Assets | 33.28% |
| Annual Growth Rate | 2.74% |
| 5-Year Change | -18.66% |
| 10-Year Change | 23.29% |
| Growth Volatility | 12.02 |
Iktinos Hellas S.A. Greek Marble Industry Technical and Touristic Company - Net Assets Trend (2014–2024)
This chart illustrates how Iktinos Hellas S.A. Greek Marble Industry Technical and Touristic Company's net assets have evolved over time, based on quarterly financial data. Check IKTIN tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Annual Net Assets for Iktinos Hellas S.A. Greek Marble Industry Technical and Touristic Company (2014–2024)
The table below shows the annual net assets of Iktinos Hellas S.A. Greek Marble Industry Technical and Touristic Company from 2014 to 2024. For live valuation and market cap data, see Iktinos Hellas S.A. Greek Marble Industr (IKTIN) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €39.18 Million ≈ $45.81 Million |
-6.71% |
| 2023-12-31 | €42.00 Million ≈ $49.10 Million |
-14.53% |
| 2022-12-31 | €49.14 Million ≈ $57.45 Million |
-1.57% |
| 2021-12-31 | €49.92 Million ≈ $58.36 Million |
+3.65% |
| 2020-12-31 | €48.17 Million ≈ $56.31 Million |
+3.15% |
| 2019-12-31 | €46.69 Million ≈ $54.59 Million |
-1.20% |
| 2018-12-31 | €47.26 Million ≈ $55.25 Million |
+31.26% |
| 2017-12-31 | €36.00 Million ≈ $42.09 Million |
+16.01% |
| 2016-12-31 | €31.04 Million ≈ $36.28 Million |
-2.34% |
| 2015-12-31 | €31.78 Million ≈ $37.15 Million |
+6.25% |
| 2014-12-31 | €29.91 Million ≈ $34.97 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Iktinos Hellas S.A. Greek Marble Industry Technical and Touristic Company'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 5.6% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €14.06 Million | 36.34% |
| Other Components | €24.63 Million | 63.66% |
| Total Equity | €38.69 Million | 100.00% |
Iktinos Hellas S.A. Greek Marble Industry Technical and Touristic Company Competitors by Market Cap
The table below lists competitors of Iktinos Hellas S.A. Greek Marble Industry Technical and Touristic Company ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
OTRS AG
F:TR9
|
$36.22 Million |
|
Shanghai Guijiu Co Ltd
SHG:600696
|
$36.22 Million |
|
SEKONIX Co. Ltd
KQ:053450
|
$36.23 Million |
|
Optomed PLC
HE:OPTOMED
|
$36.24 Million |
|
Subur Tiasa Holdings Bhd
KLSE:6904
|
$36.20 Million |
|
Central Petroleum Ltd
AU:CTP
|
$36.18 Million |
|
Nandan Denim Limited
NSE:NDL
|
$36.17 Million |
|
Globon Co. Ltd
KQ:019660
|
$36.15 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Iktinos Hellas S.A. Greek Marble Industry Technical and Touristic Company's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 41,540,687 to 38,691,891, a change of -2,848,796 (-6.9%).
- Net loss of 4,351,074 reduced equity.
- Other factors increased equity by 1,502,278.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-4.35 Million | -11.25% |
| Other Changes | €1.50 Million | +3.88% |
| Total Change | €- | -6.86% |
Book Value vs Market Value Analysis
This analysis compares Iktinos Hellas S.A. Greek Marble Industry Technical and Touristic Company'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: 0.93x
- 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 increased from 0.77x to 0.93x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-12-31 | €0.41 | €0.32 | x |
| 2019-12-31 | €0.41 | €0.32 | x |
| 2020-12-31 | €0.42 | €0.32 | x |
| 2021-12-31 | €0.43 | €0.32 | x |
| 2022-12-31 | €0.43 | €0.32 | x |
| 2023-12-31 | €0.36 | €0.32 | x |
| 2024-12-31 | €0.34 | €0.32 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Iktinos Hellas S.A. Greek Marble Industry Technical and Touristic Company 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): -11.25%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -13.83%
- • Asset Turnover: 0.27x
- • Equity Multiplier: 3.04x
- Recent ROE (-11.25%) is below the historical average (5.35%), 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 | 3.89% | 4.03% | 0.36x | 2.65x | €-1.83 Million |
| 2015 | 6.36% | 5.61% | 0.44x | 2.55x | €-1.16 Million |
| 2016 | 2.56% | 2.22% | 0.44x | 2.61x | €-2.31 Million |
| 2017 | 25.01% | 17.42% | 0.60x | 2.38x | €5.41 Million |
| 2018 | 35.57% | 27.52% | 0.51x | 2.53x | €11.96 Million |
| 2019 | 8.22% | 8.54% | 0.37x | 2.64x | €-821.55K |
| 2020 | 2.39% | 3.25% | 0.28x | 2.59x | €-3.62 Million |
| 2021 | 4.92% | 6.95% | 0.29x | 2.42x | €-2.51 Million |
| 2022 | -0.62% | -0.92% | 0.27x | 2.49x | €-5.22 Million |
| 2023 | -18.22% | -30.21% | 0.21x | 2.86x | €-11.72 Million |
| 2024 | -11.25% | -13.83% | 0.27x | 3.04x | €-8.22 Million |
Industry Comparison
This section compares Iktinos Hellas S.A. Greek Marble Industry Technical and Touristic Company's net assets metrics with peer companies in the Building Products & Equipment industry.
No peer company data available for comparison.
About Iktinos Hellas S.A. Greek Marble Industry Technical and Touristic Company
Iktinos Hellas S.A. Greek Marble Industry Technical and Touristic Company engages in the quarrying, processing, and trading in marbles and granites in Greece, the Euro Area, and internationally. It operates through Marble, Aeolean Energy, and Real Estate segments. The company also trades in other decorative materials. In addition, it engages in the production of electric power and real estate bus… Read more