Mevaco S.A
Mevaco S.A. engages in metal fabrication and construction business in Greece, the United Kingdom, Romania, Denmark, France, Russia, Australia, and internationally. It offers PV support structures, welding metallic constructions, sheet metal fabrication, metal welded structures for defense applications, electronic board construction, composite electromechanical constructions, and facades aesthetic… Read more
Mevaco S.A (MEVA) - Net Assets
Latest net assets as of December 2022: €28.76 Million EUR
Based on the latest financial reports, Mevaco S.A (MEVA) has net assets worth €28.76 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 (€55.36 Million) and total liabilities (€26.61 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 | €28.76 Million |
| % of Total Assets | 51.94% |
| Annual Growth Rate | 0.03% |
| 5-Year Change | 28.46% |
| 10-Year Change | N/A |
| Growth Volatility | 8.71 |
Mevaco S.A - Net Assets Trend (2014–2022)
This chart illustrates how Mevaco 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 Mevaco S.A (2014–2022)
The table below shows the annual net assets of Mevaco S.A from 2014 to 2022.
| Year | Net Assets | Change |
|---|---|---|
| 2022-12-31 | €28.76 Million | +18.05% |
| 2021-12-31 | €24.36 Million | +9.34% |
| 2020-12-31 | €22.28 Million | -2.42% |
| 2019-12-31 | €22.83 Million | +2.00% |
| 2018-12-31 | €22.39 Million | -10.16% |
| 2017-12-31 | €24.92 Million | -7.33% |
| 2016-12-31 | €26.89 Million | -1.02% |
| 2015-12-31 | €27.16 Million | -5.31% |
| 2014-12-31 | €28.69 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Mevaco 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 179.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2022)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €16.49 Million | 57.33% |
| Common Stock | €9.97 Million | 34.69% |
| Other Components | €2.30 Million | 7.98% |
| Total Equity | €28.76 Million | 100.00% |
Mevaco S.A Competitors by Market Cap
The table below lists competitors of Mevaco S.A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
AAC Clyde Space AB
OTCQX:ACCMF
|
$49.09 Million |
|
LIG-ES SPAC
KQ:220260
|
$49.10 Million |
|
BriQ Properties Real Estate Investment Company
AT:BRIQ
|
$49.10 Million |
|
Solytech Enterprise Corp
TW:1471
|
$49.10 Million |
|
Media Capital
LS:MCP
|
$49.08 Million |
|
China Fineblanking Technology Co Ltd
TWO:1586
|
$49.06 Million |
|
AstroNova Inc
NASDAQ:ALOT
|
$49.05 Million |
|
CrystalGenomics Inc
KQ:083790
|
$49.02 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Mevaco S.A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2021 to 2022, total equity changed from 24,361,840 to 28,758,580, a change of 4,396,740 (18.0%).
- Net income of 3,167,350 contributed positively to equity growth.
- Share repurchases of 733,390 reduced equity.
- Other factors increased equity by 1,962,780.
Equity Change Factors (2021 to 2022)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €3.17 Million | +11.01% |
| Share Repurchases | €733.39K | -2.55% |
| Other Changes | €1.96 Million | +6.83% |
| Total Change | €- | 18.05% |
Book Value vs Market Value Analysis
This analysis compares Mevaco 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: 3.23x
- 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 decreased from 4.17x to 3.23x 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 | €2.12 | €8.85 | x |
| 2021-12-31 | €2.32 | €8.85 | x |
| 2022-12-31 | €2.74 | €8.85 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Mevaco 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): 11.01%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.73%
- • Asset Turnover: 0.74x
- • Equity Multiplier: 1.93x
- Recent ROE (11.01%) is above the historical average (0.03%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | -3.28% | -6.82% | 0.29x | 1.68x | €-3.77 Million |
| 2015 | -3.93% | -6.08% | 0.42x | 1.55x | €-3.78 Million |
| 2016 | -1.01% | -1.58% | 0.43x | 1.49x | €-2.96 Million |
| 2017 | -6.16% | -14.44% | 0.31x | 1.39x | €-4.03 Million |
| 2018 | -3.84% | -8.25% | 0.32x | 1.46x | €-3.10 Million |
| 2019 | 1.96% | 2.98% | 0.48x | 1.37x | €-1.84 Million |
| 2020 | -2.42% | -6.06% | 0.27x | 1.47x | €-2.77 Million |
| 2021 | 7.95% | 7.57% | 0.68x | 1.55x | €-498.62K |
| 2022 | 11.01% | 7.73% | 0.74x | 1.93x | €291.49K |
Industry Comparison
This section compares Mevaco S.A's net assets metrics with peer companies in the Steel industry.
Industry Context
- Industry: Steel
- Average net assets among peers: $26,125,569
- Average return on equity (ROE) among peers: 8.08%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Mevaco S.A (MEVA) | €28.76 Million | -3.28% | 0.93x | $49.09 Million |
| Elastron S.A. - Steel Service Centers (ELSTR) | $80.84 Million | 18.90% | 1.11x | $14.35 Million |
| Kordellos Ch. Bros S.A (KORDE) | $18.72 Million | -6.60% | 1.99x | $3.10 Million |
| N. Leventeris S.A. (LEBEK) | $9.24 Million | -8.14% | 0.31x | $967.13K |
| 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 |