Mevaco S.A (MEVA) - Net Assets
Based on the latest financial reports, Mevaco S.A (MEVA) has net assets worth €28.76 Million EUR (≈ $33.62 Million USD) 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 ≈ $64.73 Million USD) and total liabilities (€26.61 Million ≈ $31.11 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. Check asset resilience ratio of Mevaco S.A to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €28.76 Million |
| % of Total Assets | 51.94% |
| Annual Growth Rate | 3.42% |
| 5-Year Change | 86.43% |
| 10-Year Change | 52.92% |
| Growth Volatility | 11.14 |
Mevaco S.A - Net Assets Trend (2014–2025)
This chart illustrates how Mevaco S.A's net assets have evolved over time, based on quarterly financial data. Also explore how large is Mevaco S.A's balance sheet for the complete picture of this company's asset base.
Annual Net Assets for Mevaco S.A (2014–2025)
The table below shows the annual net assets of Mevaco S.A from 2014 to 2025. For live valuation and market cap data, see Mevaco S.A market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | €41.54 Million ≈ $48.56 Million |
+21.86% |
| 2024-12-31 | €34.09 Million ≈ $39.85 Million |
+18.53% |
| 2022-12-31 | €28.76 Million ≈ $33.62 Million |
+18.05% |
| 2021-12-31 | €24.36 Million ≈ $28.48 Million |
+9.34% |
| 2020-12-31 | €22.28 Million ≈ $26.05 Million |
-2.42% |
| 2019-12-31 | €22.83 Million ≈ $26.70 Million |
+2.00% |
| 2018-12-31 | €22.39 Million ≈ $26.17 Million |
-10.16% |
| 2017-12-31 | €24.92 Million ≈ $29.13 Million |
-7.33% |
| 2016-12-31 | €26.89 Million ≈ $31.43 Million |
-1.02% |
| 2015-12-31 | €27.16 Million ≈ $31.76 Million |
-5.31% |
| 2014-12-31 | €28.69 Million ≈ $33.54 Million |
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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 202.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €17.79 Million | 42.84% |
| Other Components | €23.74 Million | 57.16% |
| Total Equity | €41.54 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 |
|---|---|
|
Bastei Lübbe AG
XETRA:BST
|
$88.03 Million |
|
New Asia Construction & Development Corp
TW:2516
|
$88.04 Million |
|
Shinhung
KO:004080
|
$88.06 Million |
|
Mercan Kimya Sanayi ve Ticaret AS
IS:MERCN
|
$88.09 Million |
|
Shinyoung Waco
KO:005800
|
$87.95 Million |
|
Lorne Park Capital Partners Inc
V:LPC
|
$87.94 Million |
|
Naim Holdings Bhd
KLSE:5073
|
$87.87 Million |
|
Excel Cell Electronic Co Ltd
TW:2483
|
$87.82 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 2024 to 2025, total equity changed from 34,087,072 to 41,539,212, a change of 7,452,140 (21.9%).
- Net income of 10,078,177 contributed positively to equity growth.
- Dividend payments of 2,574,948 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €10.08 Million | +24.26% |
| Dividends Paid | €2.57 Million | -6.2% |
| Other Changes | €-51.09K | -0.12% |
| Total Change | €- | 21.86% |
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: 2.20x
- 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 4.10x to 2.20x 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 | €8.70 | x |
| 2021-12-31 | €2.32 | €8.70 | x |
| 2022-12-31 | €2.74 | €8.70 | x |
| 2024-12-31 | €3.25 | €8.70 | x |
| 2025-12-31 | €3.96 | €8.70 | 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): 24.26%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 13.87%
- • Asset Turnover: 1.11x
- • Equity Multiplier: 1.57x
- Recent ROE (24.26%) is above the historical average (3.58%), 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 |
| 2024 | 14.81% | 8.30% | 0.88x | 2.04x | €1.64 Million |
| 2025 | 24.26% | 13.87% | 1.11x | 1.57x | €5.92 Million |
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: $22,944,909
- Average return on equity (ROE) among peers: 36.21%
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 | $87.99 Million |
| Elastron S.A. - Steel Service Centers (ELSTR) | $81.38 Million | -0.66% | 1.42x | $42.82 Million |
| Kordellos Ch. Bros S.A (KORDE) | $16.83 Million | -1.45% | 2.09x | $10.40 Million |
| N. Leventeris S.A. (LEBEK) | $3.70 Million | -16.30% | 1.11x | $2.31 Million |
| Pipe Works L. Girakian Profil S.A. (PROFK) | $-37.11K | 0.00% | 0.00x | $6.04 Million |
| Sidma S.A. Steel Products (SIDMA) | $12.85 Million | 199.44% | 11.54x | $20.31 Million |
About 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