Motor Oil (Hellas) Corinth Refineries S.A (MOH) - Net Assets
Based on the latest financial reports, Motor Oil (Hellas) Corinth Refineries S.A (MOH) has net assets worth €3.21 Billion EUR (≈ $3.75 Billion USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€7.91 Billion ≈ $9.25 Billion USD) and total liabilities (€4.70 Billion ≈ $5.50 Billion 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 Motor Oil (Hellas) Corinth Refineries S. liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €3.21 Billion |
| % of Total Assets | 40.55% |
| Annual Growth Rate | 20.9% |
| 5-Year Change | 180.11% |
| 10-Year Change | 356.89% |
| Growth Volatility | 24.18 |
Motor Oil (Hellas) Corinth Refineries S.A - Net Assets Trend (2014–2024)
This chart illustrates how Motor Oil (Hellas) Corinth Refineries S.A's net assets have evolved over time, based on quarterly financial data. Also explore Motor Oil (Hellas) Corinth Refineries S. assets under control for the complete picture of this company's asset base.
Annual Net Assets for Motor Oil (Hellas) Corinth Refineries S.A (2014–2024)
The table below shows the annual net assets of Motor Oil (Hellas) Corinth Refineries S.A from 2014 to 2024. For live valuation and market cap data, see Motor Oil (Hellas) Corinth Refineries S. (MOH) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €2.76 Billion ≈ $3.23 Billion |
-0.45% |
| 2023-12-31 | €2.77 Billion ≈ $3.24 Billion |
+35.66% |
| 2022-12-31 | €2.04 Billion ≈ $2.39 Billion |
+71.54% |
| 2021-12-31 | €1.19 Billion ≈ $1.39 Billion |
+20.91% |
| 2020-12-31 | €984.91 Million ≈ $1.15 Billion |
-17.16% |
| 2019-12-31 | €1.19 Billion ≈ $1.39 Billion |
+6.90% |
| 2018-12-31 | €1.11 Billion ≈ $1.30 Billion |
+9.16% |
| 2017-12-31 | €1.02 Billion ≈ $1.19 Billion |
+23.64% |
| 2016-12-31 | €824.06 Million ≈ $963.41 Million |
+36.48% |
| 2015-12-31 | €603.81 Million ≈ $705.92 Million |
+46.03% |
| 2014-12-31 | €413.50 Million ≈ $483.42 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Motor Oil (Hellas) Corinth Refineries 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 680.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €2.48 Billion | 90.94% |
| Other Components | €246.79 Million | 9.06% |
| Total Equity | €2.72 Billion | 100.00% |
Motor Oil (Hellas) Corinth Refineries S.A Competitors by Market Cap
The table below lists competitors of Motor Oil (Hellas) Corinth Refineries S.A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Linamar Corporation
TO:LNR
|
$3.85 Billion |
|
Charoen Pokphand Indonesia TBK PT
JK:CPIN
|
$3.85 Billion |
|
SIMCERE PHARMAC. GRP LTD
F:S2P
|
$3.85 Billion |
|
Samsung Card Co. Ltd.
KO:029780
|
$3.85 Billion |
|
Jiangsu Shemar Electric Co Ltd
SHG:603530
|
$3.85 Billion |
|
Jiangsu Goodwe Power Supply Technology Co Ltd
SHG:688390
|
$3.85 Billion |
|
Orion Corp
KO:271560
|
$3.85 Billion |
|
Ypsomed Holding AG
SW:YPSN
|
$3.85 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Motor Oil (Hellas) Corinth Refineries S.A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,664,151,000 to 2,723,529,000, a change of 59,378,000 (2.2%).
- Net income of 283,401,000 contributed positively to equity growth.
- Dividend payments of 155,671,000 reduced retained earnings.
- Share repurchases of 19,258,000 reduced equity.
- New share issuances of 3,329,000 increased equity.
- Other factors decreased equity by 52,423,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €283.40 Million | +10.41% |
| Dividends Paid | €155.67 Million | -5.72% |
| Share Repurchases | €19.26 Million | -0.71% |
| Share Issuances | €3.33 Million | +0.12% |
| Other Changes | €-52.42 Million | -1.92% |
| Total Change | €- | 2.23% |
Book Value vs Market Value Analysis
This analysis compares Motor Oil (Hellas) Corinth Refineries 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: 1.51x
- 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 3.81x to 1.51x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-12-31 | €9.98 | €38.00 | x |
| 2019-12-31 | €10.66 | €38.00 | x |
| 2020-12-31 | €8.85 | €38.00 | x |
| 2021-12-31 | €10.71 | €38.00 | x |
| 2022-12-31 | €18.77 | €38.00 | x |
| 2023-12-31 | €24.64 | €38.00 | x |
| 2024-12-31 | €25.12 | €38.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Motor Oil (Hellas) Corinth Refineries 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): 10.41%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.33%
- • Asset Turnover: 1.67x
- • Equity Multiplier: 2.67x
- Recent ROE (10.41%) is below the historical average (19.79%), 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 | -20.22% | -0.92% | 3.76x | 5.84x | €-124.51 Million |
| 2015 | 34.00% | 2.90% | 2.75x | 4.26x | €144.58 Million |
| 2016 | 36.28% | 4.69% | 2.22x | 3.48x | €215.97 Million |
| 2017 | 31.15% | 4.02% | 2.71x | 2.86x | €213.99 Million |
| 2018 | 23.29% | 2.71% | 3.33x | 2.58x | €146.90 Million |
| 2019 | 19.05% | 2.40% | 2.70x | 2.94x | €106.85 Million |
| 2020 | -11.02% | -1.76% | 1.79x | 3.49x | €-205.58 Million |
| 2021 | 17.09% | 1.97% | 2.12x | 4.09x | €83.76 Million |
| 2022 | 47.38% | 5.82% | 2.31x | 3.52x | €763.69 Million |
| 2023 | 30.24% | 6.05% | 1.76x | 2.84x | €539.30 Million |
| 2024 | 10.41% | 2.33% | 1.67x | 2.67x | €11.05 Million |
Industry Comparison
This section compares Motor Oil (Hellas) Corinth Refineries S.A's net assets metrics with peer companies in the Oil & Gas Refining & Marketing industry.
Industry Context
- Industry: Oil & Gas Refining & Marketing
- Average net assets among peers: $34,245,235
- Average return on equity (ROE) among peers: -166.93%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Motor Oil (Hellas) Corinth Refineries S.A (MOH) | €3.21 Billion | -20.22% | 1.47x | $3.85 Billion |
| Elinoil Hellenic Petroleum Company S.A (ELIN) | $59.85 Million | 6.61% | 2.73x | $53.35 Million |
| Revoil S.A (REVOIL) | $8.64 Million | -340.48% | 13.16x | $37.07 Million |
About Motor Oil (Hellas) Corinth Refineries S.A
Motor Oil (Hellas) Corinth Refineries S.A. engages in oil refining and oil products trading in Greece and internationally. It operates through four segments: Refining Activity, Fuels' Marketing Activity, Power & Gas, and Other. The company produces and sells liquid fuels, lubricants, and asphalt for transportation, industrial, and household use. It also markets and distributes a range of oil prod… Read more