Piraeus Port Authority S.A
Piraeus Port Authority S.A. provides port services at the port of Piraeus, Greece. The company offers containers, car-terminal, coastal shipping, cruise, Ro-Ro, shipbuilding, environmental, and logistics services. It provides mooring, cargo handling, loading, and unloading services, as well as goods storage, and cars handling and transportation services. The company is also involved in the mainte… Read more
Piraeus Port Authority S.A (PPA) - Net Assets
Latest net assets as of June 2025: €455.81 Million EUR
Based on the latest financial reports, Piraeus Port Authority S.A (PPA) has net assets worth €455.81 Million EUR as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€682.41 Million) and total liabilities (€226.60 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 | €455.81 Million |
| % of Total Assets | 66.79% |
| Annual Growth Rate | 11.04% |
| 5-Year Change | 62.77% |
| 10-Year Change | N/A |
| Growth Volatility | 6.64 |
Piraeus Port Authority S.A - Net Assets Trend (2015–2024)
This chart illustrates how Piraeus Port Authority 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 Piraeus Port Authority S.A (2015–2024)
The table below shows the annual net assets of Piraeus Port Authority S.A from 2015 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €447.45 Million | +26.02% |
| 2023-12-31 | €355.07 Million | +0.90% |
| 2022-12-31 | €351.90 Million | +11.91% |
| 2021-12-31 | €314.44 Million | +14.38% |
| 2020-12-31 | €274.90 Million | +10.12% |
| 2019-12-31 | €249.64 Million | +10.46% |
| 2018-12-31 | €226.00 Million | +10.60% |
| 2017-12-31 | €204.34 Million | +3.77% |
| 2016-12-31 | €196.93 Million | +12.97% |
| 2015-12-31 | €174.32 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Piraeus Port Authority 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 120.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €274.12 Million | 67.01% |
| Common Stock | €50.00 Million | 12.22% |
| Other Comprehensive Income | €84.95 Million | 20.77% |
| Total Equity | €409.07 Million | 100.00% |
Piraeus Port Authority S.A Competitors by Market Cap
The table below lists competitors of Piraeus Port Authority S.A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
PONCE FIN. GROUP DL -01
F:73V0
|
$250.54 Million |
|
XP Power Limited
PINK:XPPLF
|
$250.56 Million |
|
Supermax Corporation Berhad
PINK:SPMXF
|
$250.64 Million |
|
LENZ Therapeutics Inc
NASDAQ:LENZ
|
$250.65 Million |
|
Shandong Luyang Share Co Ltd
SHE:002088
|
$250.45 Million |
|
Phihong Technology Co Ltd
TW:2457
|
$250.30 Million |
|
Shanghai Lisheng Racing Co Ltd
SHE:002858
|
$250.22 Million |
|
A.F.P. Habitat
SN:HABITAT
|
$250.17 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Piraeus Port Authority S.A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 355,070,967 to 409,068,911, a change of 53,997,944 (15.2%).
- Net income of 87,458,562 contributed positively to equity growth.
- Dividend payments of 33,399,987 reduced retained earnings.
- Other comprehensive income increased equity by 84,953,696.
- Other factors decreased equity by 85,014,327.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €87.46 Million | +21.38% |
| Dividends Paid | €33.40 Million | -8.16% |
| Other Comprehensive Income | €84.95 Million | +20.77% |
| Other Changes | €-85.01 Million | -20.78% |
| Total Change | €- | 15.21% |
Book Value vs Market Value Analysis
This analysis compares Piraeus Port Authority 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: 2.31x
- 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 5.41x to 2.31x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2015-12-31 | €6.97 | €37.75 | x |
| 2016-12-31 | €7.10 | €37.75 | x |
| 2017-12-31 | €7.44 | €37.75 | x |
| 2018-12-31 | €8.36 | €37.75 | x |
| 2019-12-31 | €9.34 | €37.75 | x |
| 2020-12-31 | €9.98 | €37.75 | x |
| 2021-12-31 | €11.05 | €37.75 | x |
| 2022-12-31 | €12.58 | €37.75 | x |
| 2023-12-31 | €14.20 | €37.75 | x |
| 2024-12-31 | €16.36 | €37.75 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Piraeus Port Authority 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): 21.38%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 37.88%
- • Asset Turnover: 0.34x
- • Equity Multiplier: 1.64x
- Recent ROE (21.38%) is above the historical average (12.41%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 4.80% | 8.39% | 0.27x | 2.11x | €-9.06 Million |
| 2016 | 3.77% | 6.47% | 0.28x | 2.05x | €-11.06 Million |
| 2017 | 6.07% | 10.12% | 0.30x | 1.97x | €-7.30 Million |
| 2018 | 13.34% | 20.98% | 0.33x | 1.90x | €6.99 Million |
| 2019 | 15.18% | 23.75% | 0.31x | 2.04x | €12.10 Million |
| 2020 | 10.56% | 19.82% | 0.28x | 1.93x | €1.39 Million |
| 2021 | 13.31% | 23.84% | 0.29x | 1.92x | €9.14 Million |
| 2022 | 16.82% | 27.18% | 0.34x | 1.84x | €21.44 Million |
| 2023 | 18.83% | 30.41% | 0.36x | 1.72x | €31.34 Million |
| 2024 | 21.38% | 37.88% | 0.34x | 1.64x | €46.55 Million |
Industry Comparison
This section compares Piraeus Port Authority S.A's net assets metrics with peer companies in the Marine Shipping industry.
Industry Context
- Industry: Marine Shipping
- Average net assets among peers: $337,283,500
- Average return on equity (ROE) among peers: 7.46%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Piraeus Port Authority S.A (PPA) | €455.81 Million | 4.80% | 0.50x | $250.51 Million |
| Attica Holdings S.A. (ATTICA) | $501.56 Million | 3.49% | 1.55x | $113.93 Million |
| Thessaloniki Port Authority SA (OLTH) | $173.01 Million | 11.44% | 0.41x | $75.85 Million |