Motor Oil (Hellas) Corinth Refineries S.A (MOH) - Net Assets

Latest as of December 2025: €3.36 Billion EUR ≈ $3.92 Billion USD

Based on the latest financial reports, Motor Oil (Hellas) Corinth Refineries S.A (MOH) has net assets worth €3.36 Billion EUR (≈ $3.92 Billion USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€8.04 Billion ≈ $9.40 Billion USD) and total liabilities (€4.68 Billion ≈ $5.48 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. tangible book value ratio to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric Value
Current Net Assets €3.36 Billion
% of Total Assets 41.74%
Annual Growth Rate 20.97%
5-Year Change 181.8%
10-Year Change 307.24%
Growth Volatility 23.06

Motor Oil (Hellas) Corinth Refineries S.A - Net Assets Trend (2014–2025)

This chart illustrates how Motor Oil (Hellas) Corinth Refineries S.A's net assets have evolved over time, based on quarterly financial data. See how many days can Motor Oil (Hellas) Corinth Refineries S. fund operations to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Motor Oil (Hellas) Corinth Refineries S.A (2014–2025)

The table below shows the annual net assets of Motor Oil (Hellas) Corinth Refineries S.A from 2014 to 2025. For live valuation and market cap data, see Motor Oil (Hellas) Corinth Refineries S. (MOH) market capitalisation.

Year Net Assets Change
2025-12-31 €3.36 Billion
≈ $3.92 Billion		 +21.65%
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		 --

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 827.5% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component Amount Percentage
Retained Earnings €2.94 Billion 89.23%
Other Components €355.43 Million 10.77%
Total Equity €3.30 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
Avic Aviation High Technology Co Ltd
SHG:600862
 $3.88 Billion
Skeena Resources Ltd
TO:SKE
 $3.88 Billion
China Film Co Ltd
SHG:600977
 $3.88 Billion
Hilton Grand Vacations Inc
NYSE:HGV
 $3.88 Billion
Shenzhen Senior Technology Material Co Ltd
SHE:300568
 $3.88 Billion
Skyline Corporation
NYSE:SKY
 $3.87 Billion
Anhui Yingjia Distillery Co Ltd
SHG:603198
 $3.87 Billion
Eastern Air Logistics Co Ltd
SHG:601156
 $3.87 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 2024 to 2025, total equity changed from 2,723,529,000 to 3,299,584,000, a change of 576,055,000 (21.2%).
  • Net income of 647,504,000 contributed positively to equity growth.
  • Dividend payments of 158,436,000 reduced retained earnings.
  • Share repurchases of 6,060,000 reduced equity.
  • New share issuances of 20,239,000 increased equity.
  • Other factors increased equity by 72,808,000.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income €647.50 Million +19.62%
Dividends Paid €158.44 Million -4.8%
Share Repurchases €6.06 Million -0.18%
Share Issuances €20.24 Million +0.61%
Other Changes €72.81 Million +2.21%
Total Change €- 21.15%

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: 1.26x
  • 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 3.86x to 1.26x 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 €38.52 x
2019-12-31 €10.66 €38.52 x
2020-12-31 €8.85 €38.52 x
2021-12-31 €10.71 €38.52 x
2022-12-31 €18.77 €38.52 x
2023-12-31 €24.64 €38.52 x
2024-12-31 €25.12 €38.52 x
2025-12-31 €30.46 €38.52 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): 19.62%
  • The company demonstrates strong efficiency in generating profits from shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 5.64%
  • • Asset Turnover: 1.43x
  • • Equity Multiplier: 2.44x
  • Recent ROE (19.62%) is below the historical average (19.77%), 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
2025 19.62% 5.64% 1.43x 2.44x €317.55 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: $28,779,343
  • Average return on equity (ROE) among peers: 7.34%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Motor Oil (Hellas) Corinth Refineries S.A (MOH) €3.36 Billion -20.22% 1.40x $3.88 Billion
Elinoil Hellenic Petroleum Company S.A (ELIN) $45.38 Million 2.65% 1.78x $54.30 Million
Revoil S.A (REVOIL) $12.18 Million 12.03% 7.51x $37.07 Million

About Motor Oil (Hellas) Corinth Refineries S.A

AT:MOH Greece Oil & Gas Refining & Marketing
Market Cap
$4.88 Billion
€4.17 Billion EUR
Market Cap Rank
#4284 Global
#9 in Greece
Share Price
€38.52
Change (1 day)
+0.36%
52-Week Range
€23.66 - €40.66
All Time High
€40.66
Categories
Companies in Greece Oil & Gas Refining & Marketing
About

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