Karelia Tobacco Company Inc Net Assets
Karelia Tobacco Company Inc net assets. Based on the latest financial reports, Karelia Tobacco Company Inc (KARE) has net assets worth €795.03 Million EUR (≈ $929.47 Million USD) 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 ≈ $1.13 Billion USD) and total liabilities (€173.12 Million ≈ $202.39 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 Karelia Tobacco Company Inc net asset momentum to track the company's year-over-year net asset growth rate.
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 |
Net Assets of Karelia Tobacco Company Inc (2014–2024)
Net assets of Karelia Tobacco Company Inc from 2014 to 2024. This chart illustrates how Karelia Tobacco Company Inc's net assets have evolved over time, based on quarterly financial data. See Karelia Tobacco Company Inc balance sheet quality to measure how much of total assets are equity-financed.
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. For live market cap and overall valuation, see KARE company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €792.25 Million ≈ $926.22 Million |
+11.05% |
| 2023-12-31 | €713.41 Million ≈ $834.05 Million |
+8.23% |
| 2022-12-31 | €659.13 Million ≈ $770.60 Million |
+9.10% |
| 2021-12-31 | €604.16 Million ≈ $706.32 Million |
+11.59% |
| 2020-12-31 | €541.41 Million ≈ $632.97 Million |
+5.53% |
| 2019-12-31 | €513.03 Million ≈ $599.78 Million |
+8.74% |
| 2018-12-31 | €471.77 Million ≈ $551.55 Million |
+12.77% |
| 2017-12-31 | €418.34 Million ≈ $489.08 Million |
+7.46% |
| 2016-12-31 | €389.29 Million ≈ $455.12 Million |
+11.28% |
| 2015-12-31 | €349.81 Million ≈ $408.97 Million |
+8.89% |
| 2014-12-31 | €321.26 Million ≈ $375.58 Million |
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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.
Karelia Tobacco Company Inc Net Assets Breakdown (December 2024)
Karelia Tobacco Company Inc net assets breakdown by equity component as of 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.
| Company | Market Cap |
|---|---|
|
Eit Environmental Development Group
SHE:300815
|
$938.47 Million |
|
Shenzhen Laibao High-Technology Co Ltd
SHE:002106
|
$938.84 Million |
|
Zhejiang Huatong Meat Products Co Ltd
SHE:002840
|
$939.06 Million |
|
Suzhou Sushi Testing Instrument Co Ltd
SHE:300416
|
$939.14 Million |
|
Hefei Urban Construction Development Co Ltd
SHE:002208
|
$938.02 Million |
|
Jiangsu Zongyi Co Ltd
SHG:600770
|
$937.84 Million |
|
Shanghai Electric Group Company Limited
F:USR
|
$937.50 Million |
|
Gansu Yasheng Industrial Group Co Ltd
SHG:600108
|
$937.30 Million |
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: 1.51x
- 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 2.54x to 1.51x 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 | €170.93 | €434.00 | x |
| 2019-12-31 | €185.88 | €434.00 | x |
| 2020-12-31 | €196.16 | €434.00 | x |
| 2021-12-31 | €218.90 | €434.00 | x |
| 2022-12-31 | €238.82 | €434.00 | x |
| 2023-12-31 | €258.49 | €434.00 | x |
| 2024-12-31 | €287.04 | €434.00 | 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.
About Karelia Tobacco Company Inc
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