Flour Mills Kepenos S.A.
Flour Mills Kepenos S.A. produces and sells wheat and other cereals flours in Greece. The company provides yellow, bread-making, semolina, durum, soft, extra special, special, and whole meal wheat flours, as well as flour mixtures. It serves various industries, bakeries, patisseries, bakeshops, and small or large-scale businesses. The company was founded in 1952 and is headquartered in Patras, Gr… Read more
Flour Mills Kepenos S.A. (KEPEN) - Net Assets
Latest net assets as of December 2022: €17.51 Million EUR
Based on the latest financial reports, Flour Mills Kepenos S.A. (KEPEN) has net assets worth €17.51 Million EUR as of December 2022.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€62.56 Million) and total liabilities (€45.05 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 | €17.51 Million |
| % of Total Assets | 27.99% |
| Annual Growth Rate | 0.72% |
| 5-Year Change | -8.56% |
| 10-Year Change | N/A |
| Growth Volatility | 7.3 |
Flour Mills Kepenos S.A. - Net Assets Trend (2014–2022)
This chart illustrates how Flour Mills Kepenos 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 Flour Mills Kepenos S.A. (2014–2022)
The table below shows the annual net assets of Flour Mills Kepenos S.A. from 2014 to 2022.
| Year | Net Assets | Change |
|---|---|---|
| 2022-12-31 | €17.51 Million | +3.60% |
| 2021-12-31 | €16.90 Million | -16.44% |
| 2020-12-31 | €20.22 Million | +0.07% |
| 2019-12-31 | €20.21 Million | +5.56% |
| 2018-12-31 | €19.15 Million | +1.45% |
| 2017-12-31 | €18.87 Million | +0.41% |
| 2016-12-31 | €18.79 Million | +10.42% |
| 2015-12-31 | €17.02 Million | +2.99% |
| 2014-12-31 | €16.53 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Flour Mills Kepenos 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 8.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2022)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €12.14 Million | 69.37% |
| Common Stock | €5.36 Million | 30.62% |
| Other Components | €1.78K | 0.01% |
| Total Equity | €17.51 Million | 100.00% |
Flour Mills Kepenos S.A. Competitors by Market Cap
The table below lists competitors of Flour Mills Kepenos S.A. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Ambica Agarbathies & Aroma industries Limited
NSE:AMBICAAGAR
|
$1.41 Million |
|
Youngone Holdings Co. Ltd.
KQ:009970
|
$1.41 Million |
|
Payton -L
TA:PAYT
|
$1.41 Million |
|
Raj Television Network Limited
NSE:RAJTV
|
$1.41 Million |
|
ORACLE (ORC.SG)
STU:ORC
|
$1.41 Million |
|
Upergy
PA:ALUPG
|
$1.41 Million |
|
Masonglory Limited Ordinary Shares
NASDAQ:MSGY
|
$1.41 Million |
|
Gujarat Raffia Industries Limited
NSE:GUJRAFFIA
|
$1.41 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Flour Mills Kepenos S.A.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2021 to 2022, total equity changed from 16,898,870 to 17,506,440, a change of 607,570 (3.6%).
- Net income of 907,380 contributed positively to equity growth.
- Dividend payments of 314,760 reduced retained earnings.
Equity Change Factors (2021 to 2022)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €907.38K | +5.18% |
| Dividends Paid | €314.76K | -1.8% |
| Other Changes | €14.95K | +0.09% |
| Total Change | €- | 3.60% |
Book Value vs Market Value Analysis
This analysis compares Flour Mills Kepenos 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: 0.74x
- 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 |
|---|---|---|---|
| 2020-12-31 | €3.02 | €1.93 | x |
| 2021-12-31 | €2.52 | €1.93 | x |
| 2022-12-31 | €2.61 | €1.93 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Flour Mills Kepenos 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): 5.18%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.23%
- • Asset Turnover: 1.18x
- • Equity Multiplier: 3.57x
- Recent ROE (5.18%) is below the historical average (5.66%), 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 | 9.33% | 4.30% | 0.98x | 2.22x | €-111.04K |
| 2015 | 4.08% | 2.04% | 0.95x | 2.10x | €-1.01 Million |
| 2016 | 10.25% | 5.74% | 0.93x | 1.91x | €47.53K |
| 2017 | 1.65% | 0.91% | 0.86x | 2.09x | €-1.58 Million |
| 2018 | 3.36% | 1.93% | 0.83x | 2.09x | €-1.27 Million |
| 2019 | 6.76% | 4.09% | 0.87x | 1.90x | €-655.36K |
| 2020 | 6.39% | 3.69% | 0.85x | 2.05x | €-729.37K |
| 2021 | 3.93% | 1.44% | 0.75x | 3.61x | €-1.03 Million |
| 2022 | 5.18% | 1.23% | 1.18x | 3.57x | €-843.26K |
Industry Comparison
This section compares Flour Mills Kepenos S.A.'s net assets metrics with peer companies in the Packaged Foods industry.
Industry Context
- Industry: Packaged Foods
- Average net assets among peers: $104,842,539
- Average return on equity (ROE) among peers: -2.98%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Flour Mills Kepenos S.A. (KEPEN) | €17.51 Million | 9.33% | 2.57x | $1.41 Million |
| Evrofarma SA (EVROF) | $12.95 Million | 8.34% | 2.58x | $13.16 Million |
| Kri-Kri Milk Industry S.A (KRI) | $78.90 Million | 4.02% | 0.62x | $239.54 Million |
| Loulis Mills S.A. (KYLO) | $91.09 Million | 0.79% | 0.96x | $31.66 Million |
| Flour Mills C. Sarantopoulos S.A. (KYSA) | $4.07 Million | -18.47% | 4.15x | $2.99 Million |
| Marfin Investment Group Holdings S.A (MIG) | $337.20 Million | -9.56% | 5.79x | $12.87 Million |