Technical Olympic S.A (OLYMP) - Net Assets
Based on the latest financial reports, Technical Olympic S.A (OLYMP) has net assets worth €181.63 Million EUR (≈ $212.35 Million USD) as of December 2024. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€223.87 Million ≈ $261.73 Million USD) and total liabilities (€42.24 Million ≈ $49.38 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 OLYMP strategic asset allocation to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €181.63 Million |
| % of Total Assets | 81.13% |
| Annual Growth Rate | -5.52% |
| 5-Year Change | 56.35% |
| 10-Year Change | -40.07% |
| Growth Volatility | 21.52 |
Technical Olympic S.A - Net Assets Trend (2014–2024)
This chart illustrates how Technical Olympic S.A's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see market cap of Technical Olympic S.A.
Annual Net Assets for Technical Olympic S.A (2014–2024)
The table below shows the annual net assets of Technical Olympic S.A from 2014 to 2024. Also explore OLYMP shareholders equity momentum to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €181.63 Million ≈ $212.35 Million |
-1.98% |
| 2023-12-31 | €185.30 Million ≈ $216.63 Million |
+5.29% |
| 2022-12-31 | €175.98 Million ≈ $205.74 Million |
+14.01% |
| 2021-12-31 | €154.35 Million ≈ $180.45 Million |
+32.87% |
| 2020-12-31 | €116.17 Million ≈ $135.81 Million |
-39.82% |
| 2019-12-31 | €193.04 Million ≈ $225.68 Million |
-34.94% |
| 2018-12-31 | €296.72 Million ≈ $346.89 Million |
-15.15% |
| 2017-12-31 | €349.68 Million ≈ $408.81 Million |
+18.36% |
| 2016-12-31 | €295.45 Million ≈ $345.41 Million |
-2.52% |
| 2015-12-31 | €303.10 Million ≈ $354.35 Million |
-5.48% |
| 2014-12-31 | €320.66 Million ≈ $374.89 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Technical Olympic 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 15799958300.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €394.40 Million | 231.97% |
| Total Equity | €170.02 Million | 100.00% |
Technical Olympic S.A Competitors by Market Cap
The table below lists competitors of Technical Olympic S.A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Sahacogen (Chonburi) Public Company Limited
BK:SCG
|
$95.76 Million |
|
Bionet
TWO:1784
|
$95.76 Million |
|
AKA Brands Holding Corp
NYSE:AKA
|
$95.78 Million |
|
Chung Fu Tex-International Corp
TW:1435
|
$95.78 Million |
|
PT Surya Pertiwi Tbk
JK:SPTO
|
$95.72 Million |
|
Yatas Yatak ve Yorgan Sanayi Ticaret AS
IS:YATAS
|
$95.70 Million |
|
Lee Ku Ind
KO:025820
|
$95.64 Million |
|
Roadzen Inc.
NASDAQ:RDZN
|
$95.63 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Technical Olympic S.A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 172,074,720 to 170,020,733, a change of -2,053,987 (-1.2%).
- Net income of 5,318,398 contributed positively to equity growth.
- Other factors decreased equity by 7,372,385.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €5.32 Million | +3.13% |
| Other Changes | €-7.37 Million | -4.34% |
| Total Change | €- | -1.19% |
Book Value vs Market Value Analysis
This analysis compares Technical Olympic 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: 0.54x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has increased from 0.33x to 0.54x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-12-31 | €6.88 | €2.30 | x |
| 2019-12-31 | €4.27 | €2.30 | x |
| 2020-12-31 | €2.77 | €2.30 | x |
| 2021-12-31 | €3.61 | €2.30 | x |
| 2022-12-31 | €4.32 | €2.30 | x |
| 2023-12-31 | €4.31 | €2.30 | x |
| 2024-12-31 | €4.26 | €2.30 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Technical Olympic 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): 3.13%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 27.82%
- • Asset Turnover: 0.09x
- • Equity Multiplier: 1.32x
- Recent ROE (3.13%) is above the historical average (-9.13%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | -2.55% | -9.19% | 0.14x | 2.01x | €-31.85 Million |
| 2015 | -4.35% | -29.34% | 0.08x | 1.78x | €-40.77 Million |
| 2016 | -2.60% | -24.96% | 0.06x | 1.79x | €-34.98 Million |
| 2017 | -4.41% | -65.24% | 0.04x | 1.77x | €-46.92 Million |
| 2018 | -2.36% | -29.36% | 0.05x | 1.75x | €-34.59 Million |
| 2019 | -26.80% | -8587.20% | 0.00x | 2.06x | €-63.95 Million |
| 2020 | -58.59% | -12223.67% | 0.00x | 1.31x | €-77.25 Million |
| 2021 | -2.99% | -64.39% | 0.03x | 1.33x | €-19.09 Million |
| 2022 | 0.43% | 5.48% | 0.06x | 1.30x | €-16.83 Million |
| 2023 | 0.69% | 7.31% | 0.07x | 1.29x | €-16.02 Million |
| 2024 | 3.13% | 27.82% | 0.09x | 1.32x | €-11.68 Million |
Industry Comparison
This section compares Technical Olympic S.A's net assets metrics with peer companies in the Engineering & Construction industry.
Industry Context
- Industry: Engineering & Construction
- Average net assets among peers: $175,817,158
- Average return on equity (ROE) among peers: 8.69%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Technical Olympic S.A (OLYMP) | €181.63 Million | -2.55% | 0.23x | $95.74 Million |
| Avax S.A (AVAX) | $159.72 Million | 6.45% | 6.53x | $498.36 Million |
| Bioter S.A. (BIOT) | $-87.69 Million | 0.00% | 0.00x | $3.45 Million |
| Domiki Kritis S.A. (DOMIK) | $11.11 Million | 8.70% | 1.28x | $37.95 Million |
| Ekter SA (EKTER) | $26.78 Million | 33.52% | 0.91x | $142.80 Million |
| Ellaktor S.A (ELLAKTOR) | $363.31 Million | -21.40% | 6.80x | $416.88 Million |
| GEK TERNA Holdings Real Estate Construction S.A (GEKTERNA) | $855.32 Million | 15.96% | 5.99x | $3.53 Billion |
| Intracom Constructions Societe Anonyme Technical and Steel Constructions (INKAT) | $68.24 Million | 19.13% | 4.17x | $1.03 Billion |
| Proodeftiki S.A. (PRD) | $9.74 Million | 7.12% | 2.40x | $5.40 Million |
About Technical Olympic S.A
Technical Olympic S.A. engages in the construction, shipping, and marina management businesses in Greece, Romania, and Cyprus. The company was founded in 1965 and is headquartered in Athens, Greece.