N. Varveris-Moda Bagno S.A (MODA) - Net Assets
Based on the latest financial reports, N. Varveris-Moda Bagno S.A (MODA) has net assets worth €22.75 Million EUR (≈ $26.60 Million USD) as of June 2024. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€51.22 Million ≈ $59.89 Million USD) and total liabilities (€28.47 Million ≈ $33.29 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 financial resilience of N. Varveris-Moda Bagno S.A to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €22.75 Million |
| % of Total Assets | 44.41% |
| Annual Growth Rate | 4.39% |
| 5-Year Change | 70.47% |
| 10-Year Change | N/A |
| Growth Volatility | 9.52 |
N. Varveris-Moda Bagno S.A - Net Assets Trend (2015–2024)
This chart illustrates how N. Varveris-Moda Bagno S.A's net assets have evolved over time, based on quarterly financial data. Also explore total assets of N. Varveris-Moda Bagno S.A for the complete picture of this company's asset base.
Annual Net Assets for N. Varveris-Moda Bagno S.A (2015–2024)
The table below shows the annual net assets of N. Varveris-Moda Bagno S.A from 2015 to 2024. For live valuation and market cap data, see N. Varveris-Moda Bagno S.A market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €25.62 Million ≈ $29.95 Million |
+14.81% |
| 2023-12-31 | €22.32 Million ≈ $26.09 Million |
+21.89% |
| 2022-12-31 | €18.31 Million ≈ $21.40 Million |
+10.25% |
| 2021-12-31 | €16.61 Million ≈ $19.41 Million |
+10.49% |
| 2020-12-31 | €15.03 Million ≈ $17.57 Million |
-0.76% |
| 2019-12-31 | €15.14 Million ≈ $17.71 Million |
-0.59% |
| 2018-12-31 | €15.23 Million ≈ $17.81 Million |
+1.44% |
| 2017-12-31 | €15.02 Million ≈ $17.56 Million |
-9.12% |
| 2016-12-31 | €16.53 Million ≈ $19.32 Million |
-5.03% |
| 2015-12-31 | €17.40 Million ≈ $20.34 Million |
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Equity Component Analysis
This analysis shows how different components contribute to N. Varveris-Moda Bagno 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 238.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €10.45 Million | 41.11% |
| Other Components | €14.97 Million | 58.89% |
| Total Equity | €25.43 Million | 100.00% |
N. Varveris-Moda Bagno S.A Competitors by Market Cap
The table below lists competitors of N. Varveris-Moda Bagno S.A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Her Chee Industrial Co Ltd
TWO:8937
|
$107.22 Million |
|
Ayes Celik Hasir ve Cit Sanayi AS
IS:AYES
|
$107.24 Million |
|
BRIG.M3 EUROP.ACQ.A-0001
F:KN2
|
$107.30 Million |
|
Doosan Fuel Cell Co. Ltd. Pfd. Series 1
KO:33626K
|
$107.31 Million |
|
Kura Sushi Asia Co Ltd
TWO:2754
|
$107.20 Million |
|
Zeder Investments Ltd
JSE:ZED
|
$107.19 Million |
|
Atenor SA
BR:ATEB
|
$107.16 Million |
|
Wanbury Limited
NSE:WANBURY
|
$107.16 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in N. Varveris-Moda Bagno S.A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 22,154,242 to 25,425,919, a change of 3,271,677 (14.8%).
- Net income of 3,526,000 contributed positively to equity growth.
- Dividend payments of 718,354 reduced retained earnings.
- Other factors increased equity by 464,031.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €3.53 Million | +13.87% |
| Dividends Paid | €718.35K | -2.83% |
| Other Changes | €464.03K | +1.83% |
| Total Change | €- | 14.77% |
Book Value vs Market Value Analysis
This analysis compares N. Varveris-Moda Bagno 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: 4.96x
- 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 8.39x to 4.96x 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 | €0.80 | €6.70 | x |
| 2021-12-31 | €0.88 | €6.70 | x |
| 2022-12-31 | €0.97 | €6.70 | x |
| 2023-12-31 | €1.18 | €6.70 | x |
| 2024-12-31 | €1.35 | €6.70 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently N. Varveris-Moda Bagno 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): 13.87%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 10.47%
- • Asset Turnover: 0.68x
- • Equity Multiplier: 1.94x
- Recent ROE (13.87%) is above the historical average (2.94%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | -6.75% | -7.88% | 0.33x | 2.58x | €-2.91 Million |
| 2016 | -4.15% | -4.83% | 0.33x | 2.64x | €-2.34 Million |
| 2017 | -12.38% | -13.16% | 0.36x | 2.62x | €-3.36 Million |
| 2018 | 2.60% | 2.69% | 0.37x | 2.61x | €-1.13 Million |
| 2019 | 0.11% | 0.11% | 0.36x | 2.80x | €-1.50 Million |
| 2020 | 0.10% | 0.11% | 0.31x | 2.83x | €-1.49 Million |
| 2021 | 11.73% | 10.16% | 0.43x | 2.67x | €287.42K |
| 2022 | 5.88% | 4.33% | 0.55x | 2.47x | €-753.44K |
| 2023 | 18.37% | 13.01% | 0.66x | 2.13x | €1.85 Million |
| 2024 | 13.87% | 10.47% | 0.68x | 1.94x | €983.41K |
Industry Comparison
This section compares N. Varveris-Moda Bagno S.A's net assets metrics with peer companies in the Furnishings, Fixtures & Appliances industry.
Industry Context
- Industry: Furnishings, Fixtures & Appliances
- Average net assets among peers: $20,163,985
- Average return on equity (ROE) among peers: 1.31%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| N. Varveris-Moda Bagno S.A (MODA) | €22.75 Million | -6.75% | 1.25x | $107.22 Million |
| Dromeas SA (DROME) | $27.08 Million | 2.77% | 1.42x | $10.62 Million |
| Vogiatzoglou Systems S.A (VOSYS) | $13.25 Million | -0.15% | 0.49x | $12.90 Million |
About N. Varveris-Moda Bagno S.A
N. Varveris-Moda Bagno S.A. engages in the retail trade of bathroom and kitchen products in Europe. The company offers bathroom accessories and sanitary ware; tiles; carpets; parquets; kitchen products; office and lighting products; wardrobes; furniture, including beds, chairs and armchairs, sofas, tables, and sideboards and bookcases; household appliances; and other accessories. It primarily ser… Read more