Karelia Tobacco Company Inc

AT:KARE Greece Tobacco
Market Cap
$1.07 Billion
€1.04 Billion EUR
Market Cap Rank
#17466 Global
#24 in Greece
Share Price
€376.00
Change (1 day)
+0.00%
52-Week Range
€304.00 - €380.00
All Time High
€380.00
About

Karelia Tobacco Company Inc. engages in the manufacture and wholesale of tobacco products in European Union, Africa, Asia, Greece, and Other European countries. The company provides cigarettes, cigars, hand rolling cigarettes, and other duty free tobacco products under the George Karelias and Sons, Omé, Karelia Slims, Karelia Blue, Oriental Mist, American Legend, Leader, Karelia Royal, and Wellin… Read more

Karelia Tobacco Company Inc (KARE) - Net Assets

Latest net assets as of June 2025: €795.03 Million EUR

Based on the latest financial reports, Karelia Tobacco Company Inc (KARE) has net assets worth €795.03 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 (€968.15 Million) and total liabilities (€173.12 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 €795.03 Million
% of Total Assets 82.12%
Annual Growth Rate 9.44%
5-Year Change 46.33%
10-Year Change 126.48%
Growth Volatility 2.08

Karelia Tobacco Company Inc - Net Assets Trend (2014–2024)

This chart illustrates how Karelia Tobacco Company Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Karelia Tobacco Company Inc (2014–2024)

The table below shows the annual net assets of Karelia Tobacco Company Inc from 2014 to 2024.

Year Net Assets Change
2024-12-31 €792.25 Million +11.05%
2023-12-31 €713.41 Million +8.23%
2022-12-31 €659.13 Million +9.10%
2021-12-31 €604.16 Million +11.59%
2020-12-31 €541.41 Million +5.53%
2019-12-31 €513.03 Million +8.74%
2018-12-31 €471.77 Million +12.77%
2017-12-31 €418.34 Million +7.46%
2016-12-31 €389.29 Million +11.28%
2015-12-31 €349.81 Million +8.89%
2014-12-31 €321.26 Million --

Equity Component Analysis

This analysis shows how different components contribute to Karelia Tobacco Company Inc'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 118.1% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings €630.82 Million 79.63%
Other Components €161.41 Million 20.37%
Total Equity €792.23 Million 100.00%

Karelia Tobacco Company Inc Competitors by Market Cap

The table below lists competitors of Karelia Tobacco Company Inc ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Karelia Tobacco Company Inc's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 713,428,000 to 792,231,000, a change of 78,803,000 (11.0%).
  • Net income of 112,804,000 contributed positively to equity growth.
  • Dividend payments of 34,225,000 reduced retained earnings.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income €112.80 Million +14.24%
Dividends Paid €34.23 Million -4.32%
Other Changes €224.00K +0.03%
Total Change €- 11.05%

Book Value vs Market Value Analysis

This analysis compares Karelia Tobacco Company Inc'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: 1.31x
  • The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
  • The price-to-book ratio has decreased from 2.20x to 1.31x 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 €170.93 €376.00 x
2019-12-31 €185.88 €376.00 x
2020-12-31 €196.16 €376.00 x
2021-12-31 €218.90 €376.00 x
2022-12-31 €238.82 €376.00 x
2023-12-31 €258.49 €376.00 x
2024-12-31 €287.04 €376.00 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Karelia Tobacco Company Inc 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): 14.24%
  • The company shows good efficiency in utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 7.48%
  • • Asset Turnover: 1.58x
  • • Equity Multiplier: 1.20x
  • Recent ROE (14.24%) is below the historical average (14.39%), 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 19.90% 32.47% 0.48x 1.27x €31.79 Million
2015 15.41% 23.89% 0.48x 1.35x €18.93 Million
2016 16.03% 7.12% 1.56x 1.44x €23.47 Million
2017 13.09% 5.97% 1.64x 1.34x €12.91 Million
2018 16.76% 8.22% 1.64x 1.24x €31.87 Million
2019 13.14% 6.51% 1.67x 1.21x €16.11 Million
2020 10.10% 4.93% 1.77x 1.16x €518.80K
2021 14.51% 7.41% 1.67x 1.18x €27.27 Million
2022 12.95% 6.74% 1.59x 1.21x €19.45 Million
2023 12.17% 6.56% 1.53x 1.21x €15.50 Million
2024 14.24% 7.48% 1.58x 1.20x €33.58 Million

Industry Comparison

This section compares Karelia Tobacco Company Inc's net assets metrics with peer companies in the Tobacco industry.

No peer company data available for comparison.