Intracom Constructions Societe Anonyme Technical and Steel Constructions (INKAT) - Net Assets
Based on the latest financial reports, Intracom Constructions Societe Anonyme Technical and Steel Constructions (INKAT) has net assets worth €161.61 Million EUR (≈ $188.94 Million USD) as of December 2023. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€1.43 Billion ≈ $1.67 Billion USD) and total liabilities (€1.27 Billion ≈ $1.48 Billion 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. Check Intracom Constructions Societe Anonyme T asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €161.61 Million |
| % of Total Assets | 11.33% |
| Annual Growth Rate | 11.21% |
| 5-Year Change | 133.6% |
| 10-Year Change | N/A |
| Growth Volatility | 56.41 |
Intracom Constructions Societe Anonyme Technical and Steel Constructions - Net Assets Trend (2014–2023)
This chart illustrates how Intracom Constructions Societe Anonyme Technical and Steel Constructions's net assets have evolved over time, based on quarterly financial data. Also explore INKAT total asset value for the complete picture of this company's asset base.
Annual Net Assets for Intracom Constructions Societe Anonyme Technical and Steel Constructions (2014–2023)
The table below shows the annual net assets of Intracom Constructions Societe Anonyme Technical and Steel Constructions from 2014 to 2023. For live valuation and market cap data, see Intracom Constructions Societe Anonyme T market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | €161.61 Million ≈ $188.94 Million |
+167.97% |
| 2022-12-31 | €60.31 Million ≈ $70.51 Million |
+44.36% |
| 2021-12-31 | €41.78 Million ≈ $48.84 Million |
-26.01% |
| 2020-12-31 | €56.47 Million ≈ $66.01 Million |
-18.38% |
| 2019-12-31 | €69.18 Million ≈ $80.88 Million |
+1.38% |
| 2018-12-31 | €68.24 Million ≈ $79.78 Million |
+6.05% |
| 2017-12-31 | €64.35 Million ≈ $75.23 Million |
+28.88% |
| 2016-12-31 | €49.93 Million ≈ $58.37 Million |
-18.45% |
| 2015-12-31 | €61.22 Million ≈ $71.58 Million |
-1.42% |
| 2014-12-31 | €62.10 Million ≈ $72.61 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Intracom Constructions Societe Anonyme Technical and Steel Constructions'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 3960.7% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €175.04 Million | 115.02% |
| Total Equity | €152.19 Million | 100.00% |
Intracom Constructions Societe Anonyme Technical and Steel Constructions Competitors by Market Cap
The table below lists competitors of Intracom Constructions Societe Anonyme Technical and Steel Constructions ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Mercialys SA
PA:MERY
|
$1.03 Billion |
|
Shandong Fiberglass Group Co Ltd
SHG:605006
|
$1.03 Billion |
|
BURFORD CAPITAL LTD
F:9BFA
|
$1.03 Billion |
|
Piedmont Office Realty Trust Inc
NYSE:PDM
|
$1.03 Billion |
|
Sarawak Oil Palms Bhd
KLSE:5126
|
$1.03 Billion |
|
Lecron Energy Saving Materials
SHE:300343
|
$1.03 Billion |
|
Summit
TA:SMT
|
$1.03 Billion |
|
Rukun Raharja Tbk
JK:RAJA
|
$1.03 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Intracom Constructions Societe Anonyme Technical and Steel Constructions's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 58,531,972 to 152,191,246, a change of 93,659,274 (160.0%).
- Net loss of 3,429,299 reduced equity.
- Dividend payments of 160,000 reduced retained earnings.
- Share repurchases of 793,313 reduced equity.
- New share issuances of 100,000,001 increased equity.
- Other factors decreased equity by 1,958,115.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-3.43 Million | -2.25% |
| Dividends Paid | €160.00K | -0.11% |
| Share Repurchases | €793.31K | -0.52% |
| Share Issuances | €100.00 Million | +65.71% |
| Other Changes | €-1.96 Million | -1.29% |
| Total Change | €- | 160.01% |
Book Value vs Market Value Analysis
This analysis compares Intracom Constructions Societe Anonyme Technical and Steel Constructions'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: 11.45x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has increased from 5.12x to 11.45x 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 | €2.12 | €10.86 | x |
| 2019-12-31 | €2.16 | €10.86 | x |
| 2020-12-31 | €1.70 | €10.86 | x |
| 2021-12-31 | €0.51 | €10.86 | x |
| 2022-12-31 | €0.67 | €10.86 | x |
| 2023-12-31 | €0.95 | €10.86 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Intracom Constructions Societe Anonyme Technical and Steel Constructions 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): -2.25%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -0.83%
- • Asset Turnover: 0.29x
- • Equity Multiplier: 9.38x
- Recent ROE (-2.25%) is above the historical average (-13.11%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 0.88% | 0.35% | 0.62x | 4.09x | €-5.54 Million |
| 2015 | -10.90% | -4.35% | 0.50x | 5.03x | €-12.30 Million |
| 2016 | -13.80% | -3.64% | 0.63x | 5.98x | €-11.45 Million |
| 2017 | -12.35% | -4.73% | 0.45x | 5.83x | €-12.59 Million |
| 2018 | 19.40% | 5.62% | 0.66x | 5.24x | €6.33 Million |
| 2019 | 1.12% | 0.27% | 0.91x | 4.59x | €-6.09 Million |
| 2020 | -20.14% | -6.54% | 0.54x | 5.74x | €-17.07 Million |
| 2021 | -53.49% | -10.01% | 0.59x | 9.10x | €-25.52 Million |
| 2022 | -39.55% | -10.27% | 0.53x | 7.27x | €-29.00 Million |
| 2023 | -2.25% | -0.83% | 0.29x | 9.38x | €-18.65 Million |
Industry Comparison
This section compares Intracom Constructions Societe Anonyme Technical and Steel Constructions's net assets metrics with peer companies in the Engineering & Construction industry.
Industry Context
- Industry: Engineering & Construction
- Average net assets among peers: $288,278,891
- Average return on equity (ROE) among peers: -8.32%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Intracom Constructions Societe Anonyme Technical and Steel Constructions (INKAT) | €161.61 Million | 0.88% | 7.83x | $1.03 Billion |
| Avax S.A (AVAX) | $177.41 Million | -18.46% | 6.39x | $451.64 Million |
| Bioter S.A. (BIOT) | $-85.02 Million | 0.00% | 0.00x | $3.45 Million |
| Domiki Kritis S.A. (DOMIK) | $7.42 Million | -21.75% | 1.90x | $37.95 Million |
| Ekter SA (EKTER) | $20.07 Million | 2.65% | 0.44x | $98.38 Million |
| Ellaktor S.A (ELLAKTOR) | $1.12 Billion | -4.62% | 2.74x | $416.88 Million |
| GEK TERNA Holdings Real Estate Construction S.A (GEKTERNA) | $766.88 Million | 3.06% | 4.62x | $3.53 Billion |
| Technical Olympic S.A (OLYMP) | $295.45 Million | -2.44% | 0.68x | $95.74 Million |
| Proodeftiki S.A. (PRD) | $7.79 Million | -24.97% | 1.93x | $8.07 Million |
About Intracom Constructions Societe Anonyme Technical and Steel Constructions
Intracom Constructions Societe Anonyme Technical and Steel Constructions engages in the construction business in Greece, European countries and internationally. It undertakes infrastructure projects, such as airport, road, rail, water engineering, and marine projects; and builds offices, professional infrastructures, shopping centers, educational and cultural buildings, hospitals, health centers,… Read more