Thrace Plastics Holding and Commercial S.A (PLAT) - Net Assets
Based on the latest financial reports, Thrace Plastics Holding and Commercial S.A (PLAT) has net assets worth €277.50 Million EUR (≈ $324.43 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€449.36 Million ≈ $525.35 Million USD) and total liabilities (€171.85 Million ≈ $200.91 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 Thrace Plastics Holding and Commercial S asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €277.50 Million |
| % of Total Assets | 61.76% |
| Annual Growth Rate | 8.56% |
| 5-Year Change | 10.01% |
| 10-Year Change | 126.0% |
| Growth Volatility | 13.04 |
Thrace Plastics Holding and Commercial S.A - Net Assets Trend (2014–2025)
This chart illustrates how Thrace Plastics Holding and Commercial S.A's net assets have evolved over time, based on quarterly financial data. Also explore PLAT total asset value for the complete picture of this company's asset base.
Annual Net Assets for Thrace Plastics Holding and Commercial S.A (2014–2025)
The table below shows the annual net assets of Thrace Plastics Holding and Commercial S.A from 2014 to 2025. For live valuation and market cap data, see PLAT company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | €277.50 Million ≈ $324.43 Million |
+0.85% |
| 2024-12-31 | €275.17 Million ≈ $321.70 Million |
-0.68% |
| 2023-12-31 | €277.05 Million ≈ $323.91 Million |
+3.43% |
| 2022-12-31 | €267.86 Million ≈ $313.16 Million |
+6.19% |
| 2021-12-31 | €252.25 Million ≈ $294.91 Million |
+44.49% |
| 2020-12-31 | €174.58 Million ≈ $204.11 Million |
+19.29% |
| 2019-12-31 | €146.35 Million ≈ $171.10 Million |
+3.34% |
| 2018-12-31 | €141.62 Million ≈ $165.56 Million |
+3.01% |
| 2017-12-31 | €137.48 Million ≈ $160.73 Million |
+11.96% |
| 2016-12-31 | €122.79 Million ≈ $143.55 Million |
-4.99% |
| 2015-12-31 | €129.24 Million ≈ $151.09 Million |
+14.93% |
| 2014-12-31 | €112.45 Million ≈ $131.47 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Thrace Plastics Holding and Commercial 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 435.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €174.12 Million | 64.00% |
| Other Components | €97.95 Million | 36.00% |
| Total Equity | €272.07 Million | 100.00% |
Thrace Plastics Holding and Commercial S.A Competitors by Market Cap
The table below lists competitors of Thrace Plastics Holding and Commercial S.A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Rico Auto Industries Limited
NSE:RICOAUTO
|
$174.94 Million |
|
Sri Rejeki Isman(Sritex)PT
JK:SRIL
|
$174.97 Million |
|
Orbitech Co. Ltd
KQ:046120
|
$174.97 Million |
|
Aplicaciones y Tratamiento de Sistemas S.A.
MC:ATSI
|
$175.00 Million |
|
Tera Autotech
TWO:6234
|
$174.90 Million |
|
KG Eco Technology Services Co. Ltd
KQ:151860
|
$174.86 Million |
|
Hostelworld Group PLC
IR:HSW
|
$174.81 Million |
|
Acumen Pharmaceuticals Inc
NASDAQ:ABOS
|
$174.79 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Thrace Plastics Holding and Commercial S.A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 270,359,000 to 272,071,000, a change of 1,712,000 (0.6%).
- Net income of 18,773,000 contributed positively to equity growth.
- Dividend payments of 10,376,000 reduced retained earnings.
- Share repurchases of 84,000 reduced equity.
- Other factors decreased equity by 6,601,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €18.77 Million | +6.9% |
| Dividends Paid | €10.38 Million | -3.81% |
| Share Repurchases | €84.00K | -0.03% |
| Other Changes | €-6.60 Million | -2.43% |
| Total Change | €- | 0.63% |
Book Value vs Market Value Analysis
This analysis compares Thrace Plastics Holding and Commercial 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: 0.65x
- 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 decreased from 1.30x to 0.65x 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 | €3.18 | €4.14 | x |
| 2019-12-31 | €3.28 | €4.14 | x |
| 2020-12-31 | €3.94 | €4.14 | x |
| 2021-12-31 | €5.75 | €4.14 | x |
| 2022-12-31 | €6.13 | €4.14 | x |
| 2023-12-31 | €6.35 | €4.14 | x |
| 2024-12-31 | €6.30 | €4.14 | x |
| 2025-12-31 | €6.35 | €4.14 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Thrace Plastics Holding and Commercial 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): 6.90%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.82%
- • Asset Turnover: 0.87x
- • Equity Multiplier: 1.65x
- Recent ROE (6.90%) is below the historical average (9.87%), 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 | 5.87% | 2.34% | 1.13x | 2.23x | €-4.58 Million |
| 2015 | 7.68% | 3.38% | 1.09x | 2.08x | €-2.95 Million |
| 2016 | 11.09% | 4.59% | 1.01x | 2.40x | €1.32 Million |
| 2017 | 7.81% | 3.31% | 1.05x | 2.26x | €-2.96 Million |
| 2018 | 5.56% | 2.39% | 1.01x | 2.30x | €-6.17 Million |
| 2019 | 2.59% | 1.13% | 1.01x | 2.26x | €-10.62 Million |
| 2020 | 21.83% | 10.99% | 0.99x | 2.00x | €20.24 Million |
| 2021 | 28.98% | 16.81% | 1.06x | 1.63x | €47.17 Million |
| 2022 | 9.76% | 6.53% | 0.97x | 1.53x | €-632.00K |
| 2023 | 6.52% | 5.14% | 0.85x | 1.49x | €-9.50 Million |
| 2024 | 3.83% | 2.80% | 0.85x | 1.61x | €-16.67 Million |
| 2025 | 6.90% | 4.82% | 0.87x | 1.65x | €-8.43 Million |
Industry Comparison
This section compares Thrace Plastics Holding and Commercial S.A's net assets metrics with peer companies in the Textile Manufacturing industry.
Industry Context
- Industry: Textile Manufacturing
- Average net assets among peers: $23,920,384
- Average return on equity (ROE) among peers: -0.35%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Thrace Plastics Holding and Commercial S.A (PLAT) | €277.50 Million | 5.87% | 0.62x | $174.92 Million |
| Biokarpet S.A. (BIOKA) | $44.53 Million | 20.20% | 3.27x | $42.22 Million |
| Lanakam S.A (LANAC) | $9.81 Million | -8.64% | 0.21x | $7.19 Million |
| EL. D. Mouzakis S.A (MOYZK) | $31.92 Million | -11.97% | 0.75x | $19.21 Million |
| Nafpaktos Textile Industry S.A (NAYP) | $9.42 Million | -0.99% | 0.74x | $14.79 Million |
About Thrace Plastics Holding and Commercial S.A
Thrace Plastics Holding Company S.A. produces and distributes polypropylene products in Greece and internationally. The company provides various technical fabrics, such as woven and nonwoven geotextiles, geogrids, geocomposites, geosynthetic clay liners, drainage geonets, geobags, silt fences, erosion control mats, and mini rolls, as well as geosynthetic reactive clay with attapulgite clay; stadi… Read more