Philippos Nakas S.A
Philippos Nakas S.A. distributes musical instruments in Greece. The company operates stores that offer acoustic musical instruments, including pianos, guitars, percussions, wind instruments, strings, etc.; and electronic musical instruments, such as keyboards, electric pianos, electric guitars, electric basses, guitar amplifiers, synthesizers, samplers, multi-effects, midi-files, etc. Its stores … Read more
Philippos Nakas S.A (NAKAS) - Net Assets
Latest net assets as of December 2022: €16.89 Million EUR
Based on the latest financial reports, Philippos Nakas S.A (NAKAS) has net assets worth €16.89 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 (€29.32 Million) and total liabilities (€12.43 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 | €16.89 Million |
| % of Total Assets | 57.59% |
| Annual Growth Rate | -0.32% |
| 5-Year Change | -5.29% |
| 10-Year Change | N/A |
| Growth Volatility | 1.95 |
Philippos Nakas S.A - Net Assets Trend (2015–2022)
This chart illustrates how Philippos Nakas 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 Philippos Nakas S.A (2015–2022)
The table below shows the annual net assets of Philippos Nakas S.A from 2015 to 2022.
| Year | Net Assets | Change |
|---|---|---|
| 2022-06-30 | €17.00 Million | -4.18% |
| 2021-06-30 | €17.74 Million | -0.04% |
| 2020-06-30 | €17.75 Million | -0.29% |
| 2019-06-30 | €17.80 Million | -0.83% |
| 2018-06-30 | €17.95 Million | +0.43% |
| 2017-06-30 | €17.87 Million | -0.17% |
| 2016-06-30 | €17.90 Million | +2.96% |
| 2015-06-30 | €17.39 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Philippos Nakas 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 391322500.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (June 2022)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €2.03 Million | 11.93% |
| Common Stock | €3.80 Million | 22.38% |
| Other Components | €11.17 Million | 65.69% |
| Total Equity | €17.00 Million | 100.00% |
Philippos Nakas S.A Competitors by Market Cap
The table below lists competitors of Philippos Nakas S.A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Swift Tv Ltd
AU:STV
|
$5.04 Million |
|
Aseana Properties Limited
LSE:ASPL
|
$5.04 Million |
|
Moatech Co. Ltd
KQ:033200
|
$5.04 Million |
|
Silla Sg Co. Ltd
KQ:025870
|
$5.05 Million |
|
Cloud DX Inc
OTCQB:CDXFF
|
$5.03 Million |
|
AGES Industri AB (publ)
ST:AGES-B
|
$5.03 Million |
|
Ramp Metals Inc.
V:RAMP
|
$5.03 Million |
|
ELL ENVIRON.HLDGS HD-0001
F:6EL
|
$5.03 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Philippos Nakas S.A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2021 to 2022, total equity changed from 17,739,290 to 16,997,130, a change of -742,160 (-4.2%).
- Net income of 779,440 contributed positively to equity growth.
- Dividend payments of 1,077,800 reduced retained earnings.
- Other factors decreased equity by 443,800.
Equity Change Factors (2021 to 2022)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €779.44K | +4.59% |
| Dividends Paid | €1.08 Million | -6.34% |
| Other Changes | €-443.80K | -2.61% |
| Total Change | €- | -4.18% |
Book Value vs Market Value Analysis
This analysis compares Philippos Nakas 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: 1.34x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-06-30 | €2.80 | €3.58 | x |
| 2021-06-30 | €2.80 | €3.58 | x |
| 2022-06-30 | €2.68 | €3.58 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Philippos Nakas 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): 4.59%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.54%
- • Asset Turnover: 0.77x
- • Equity Multiplier: 1.68x
- Recent ROE (4.59%) is above the historical average (4.42%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 3.57% | 3.16% | 0.70x | 1.61x | €-1.12 Million |
| 2016 | 5.95% | 5.51% | 0.69x | 1.56x | €-724.26K |
| 2017 | 4.29% | 3.87% | 0.73x | 1.52x | €-1.02 Million |
| 2018 | 3.96% | 3.36% | 0.79x | 1.49x | €-1.08 Million |
| 2019 | 4.16% | 3.42% | 0.82x | 1.49x | €-1.04 Million |
| 2020 | 2.99% | 2.59% | 0.71x | 1.62x | €-1.24 Million |
| 2021 | 5.82% | 5.26% | 0.68x | 1.64x | €-740.84K |
| 2022 | 4.59% | 3.54% | 0.77x | 1.68x | €-920.27K |
Industry Comparison
This section compares Philippos Nakas S.A's net assets metrics with peer companies in the Specialty Retail industry.
Industry Context
- Industry: Specialty Retail
- Average net assets among peers: $149,969,000
- Average return on equity (ROE) among peers: 20.02%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Philippos Nakas S.A (NAKAS) | €16.89 Million | 3.57% | 0.74x | $5.03 Million |
| Jumbo S.A. (BELA) | $114.97 Million | 29.69% | 1.59x | $2.68 Billion |
| Fourlis Holdings S.A. (FOYRK) | $184.97 Million | 10.36% | 3.07x | $179.32 Million |