Kordellos Ch. Bros S.A
Kordellos Ch. Bros S.A. engages in the processing, trading, and distributing iron and steel products in Greece. The company was founded in 1952 and is based in Mandra, Greece.
Kordellos Ch. Bros S.A (KORDE) - Net Assets
Latest net assets as of December 2022: €23.06 Million EUR
Based on the latest financial reports, Kordellos Ch. Bros S.A (KORDE) has net assets worth €23.06 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 (€61.90 Million) and total liabilities (€38.84 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 | €23.06 Million |
| % of Total Assets | 37.25% |
| Annual Growth Rate | 1.83% |
| 5-Year Change | 36.97% |
| 10-Year Change | N/A |
| Growth Volatility | 11.34 |
Kordellos Ch. Bros S.A - Net Assets Trend (2014–2022)
This chart illustrates how Kordellos Ch. Bros 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 Kordellos Ch. Bros S.A (2014–2022)
The table below shows the annual net assets of Kordellos Ch. Bros S.A from 2014 to 2022.
| Year | Net Assets | Change |
|---|---|---|
| 2022-12-31 | €23.06 Million | +9.50% |
| 2021-12-31 | €21.06 Million | +26.60% |
| 2020-12-31 | €16.63 Million | +4.87% |
| 2019-12-31 | €15.86 Million | -5.78% |
| 2018-12-31 | €16.83 Million | -13.01% |
| 2017-12-31 | €19.35 Million | -0.24% |
| 2016-12-31 | €19.40 Million | +3.62% |
| 2015-12-31 | €18.72 Million | -6.18% |
| 2014-12-31 | €19.95 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Kordellos Ch. Bros 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 47.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2022)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €9.71 Million | 42.11% |
| Common Stock | €8.91 Million | 38.66% |
| Other Components | €4.43 Million | 19.23% |
| Total Equity | €23.06 Million | 100.00% |
Kordellos Ch. Bros S.A Competitors by Market Cap
The table below lists competitors of Kordellos Ch. Bros S.A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Rectitude Holdings Ltd Ordinary Shares
NASDAQ:RECT
|
$3.10 Million |
|
Mantle Minerals Ltd
AU:MTL
|
$3.10 Million |
|
PT Kokoh Exa Nusantara Tbk
JK:KOCI
|
$3.10 Million |
|
Future Mineral Resources Inc.
TO:FMR
|
$3.10 Million |
|
Rolta India Limited
NSE:ROLTA
|
$3.10 Million |
|
Champion Pacific Indonesia Tbk
JK:IGAR
|
$3.09 Million |
|
OMEGA DIAGNOST.GR. LS-04
F:RVKA
|
$3.09 Million |
|
InCity Immobilien AG
XETRA:IC8
|
$3.09 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Kordellos Ch. Bros S.A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2021 to 2022, total equity changed from 21,058,420 to 23,058,440, a change of 2,000,020 (9.5%).
- Net income of 2,415,500 contributed positively to equity growth.
- Dividend payments of 424,487 reduced retained earnings.
Equity Change Factors (2021 to 2022)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €2.42 Million | +10.48% |
| Dividends Paid | €424.49K | -1.84% |
| Other Changes | €9.01K | +0.04% |
| Total Change | €- | 9.50% |
Book Value vs Market Value Analysis
This analysis compares Kordellos Ch. Bros 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: 0.40x
- 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 decreased from 0.56x to 0.40x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | €0.78 | €0.44 | x |
| 2021-12-31 | €0.99 | €0.44 | x |
| 2022-12-31 | €1.09 | €0.44 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Kordellos Ch. Bros 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): 10.48%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.37%
- • Asset Turnover: 0.89x
- • Equity Multiplier: 2.68x
- Recent ROE (10.48%) is above the historical average (2.54%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | -3.24% | -1.76% | 0.63x | 2.94x | €-2.64 Million |
| 2015 | -6.60% | -3.60% | 0.61x | 2.99x | €-3.11 Million |
| 2016 | 3.41% | 1.76% | 0.64x | 3.03x | €-1.28 Million |
| 2017 | 1.04% | 0.47% | 0.76x | 2.94x | €-1.73 Million |
| 2018 | -1.45% | -0.60% | 0.78x | 3.09x | €-1.93 Million |
| 2019 | -6.00% | -2.53% | 0.75x | 3.18x | €-2.54 Million |
| 2020 | 4.60% | 2.01% | 0.74x | 3.08x | €-898.62K |
| 2021 | 20.61% | 7.96% | 0.94x | 2.76x | €2.23 Million |
| 2022 | 10.48% | 4.37% | 0.89x | 2.68x | €109.66K |
Industry Comparison
This section compares Kordellos Ch. Bros S.A's net assets metrics with peer companies in the Steel industry.
Industry Context
- Industry: Steel
- Average net assets among peers: $27,254,168
- Average return on equity (ROE) among peers: 10.99%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Kordellos Ch. Bros S.A (KORDE) | €23.06 Million | -3.24% | 1.68x | $3.10 Million |
| Elastron S.A. - Steel Service Centers (ELSTR) | $80.84 Million | 18.90% | 1.11x | $14.35 Million |
| N. Leventeris S.A. (LEBEK) | $9.24 Million | -8.14% | 0.31x | $967.13K |
| Mevaco S.A (MEVA) | $24.36 Million | 7.95% | 0.55x | $49.09 Million |
| Pipe Works L. Girakian Profil S.A. (PROFK) | $-37.11K | 0.00% | 0.00x | $2.80 Million |
| Sidma S.A. Steel Products (SIDMA) | $21.87 Million | 36.26% | 6.51x | $6.22 Million |