Sidma S.A. Steel Products (SIDMA) - Net Assets
Based on the latest financial reports, Sidma S.A. Steel Products (SIDMA) has net assets worth €21.87 Million EUR (≈ $25.56 Million USD) as of December 2022. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€164.13 Million ≈ $191.89 Million USD) and total liabilities (€142.27 Million ≈ $166.32 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 Sidma S.A. Steel Products liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €21.87 Million |
| % of Total Assets | 13.32% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
Sidma S.A. Steel Products - Net Assets Trend (2014–2022)
This chart illustrates how Sidma S.A. Steel Products's net assets have evolved over time, based on quarterly financial data. Also explore total assets of Sidma S.A. Steel Products for the complete picture of this company's asset base.
Annual Net Assets for Sidma S.A. Steel Products (2014–2022)
The table below shows the annual net assets of Sidma S.A. Steel Products from 2014 to 2022. For live valuation and market cap data, see SIDMA market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2022-12-31 | €21.87 Million ≈ $25.56 Million |
+70.22% |
| 2021-12-31 | €12.85 Million ≈ $15.02 Million |
+198.11% |
| 2020-12-31 | €-13.09 Million ≈ $-15.31 Million |
+45.52% |
| 2018-12-31 | €-24.03 Million ≈ $-28.10 Million |
-19.06% |
| 2017-12-31 | €-20.18 Million ≈ $-23.60 Million |
-13.72% |
| 2016-12-31 | €-17.75 Million ≈ $-20.75 Million |
-11.07% |
| 2015-12-31 | €-15.98 Million ≈ $-18.68 Million |
-78.67% |
| 2014-12-31 | €-8.94 Million ≈ $-10.46 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Sidma S.A. Steel Products'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 2990941200.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2022)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | €18.34 Million | 83.85% |
| Other Components | €13.30 Million | 60.81% |
| Total Equity | €21.87 Million | 100.00% |
Sidma S.A. Steel Products Competitors by Market Cap
The table below lists competitors of Sidma S.A. Steel Products ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Seko S.A.
WAR:SEK
|
$20.31 Million |
|
The Byke Hospitality Ltd
NSE:BYKE
|
$20.33 Million |
|
Saedong Co.Ltd
KQ:053060
|
$20.33 Million |
|
Daelim Trading
KO:006570
|
$20.34 Million |
|
Thaire Life Assurance Public Company Limited
BK:THREL
|
$20.29 Million |
|
Silvair Inc
WAR:SVRS
|
$20.28 Million |
|
Aseana Properties Limited
LSE:ASPL
|
$20.28 Million |
|
Agat Ejendomme A/S
CO:AGAT
|
$20.27 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sidma S.A. Steel Products's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2021 to 2022, total equity changed from 12,845,780 to 21,866,330, a change of 9,020,550 (70.2%).
- Net income of 7,927,680 contributed positively to equity growth.
- Other factors increased equity by 1,092,870.
Equity Change Factors (2021 to 2022)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €7.93 Million | +36.26% |
| Other Changes | €1.09 Million | +5.0% |
| Total Change | €- | 70.22% |
Book Value vs Market Value Analysis
This analysis compares Sidma S.A. Steel Products'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: 1.02x
- 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 |
|---|---|---|---|
| 2020-12-31 | €-0.96 | €1.65 | x |
| 2021-12-31 | €0.95 | €1.65 | x |
| 2022-12-31 | €1.61 | €1.65 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sidma S.A. Steel Products 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): 36.26%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.99%
- • Asset Turnover: 1.62x
- • Equity Multiplier: 7.51x
- Recent ROE (36.26%) is above the historical average (29.46%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 0.00% | -11.09% | 0.79x | 0.00x | €-10.24 Million |
| 2015 | 0.00% | -7.18% | 0.80x | 0.00x | €-5.33 Million |
| 2016 | 0.00% | -4.16% | 0.88x | 0.00x | €-2.56 Million |
| 2017 | 0.00% | -2.00% | 0.94x | 0.00x | €-450.12K |
| 2018 | 0.00% | -2.67% | 1.04x | 0.00x | €-1.25 Million |
| 2020 | 0.00% | -0.57% | 0.93x | 0.00x | €551.43K |
| 2021 | 199.44% | 11.32% | 1.41x | 12.54x | €24.34 Million |
| 2022 | 36.26% | 2.99% | 1.62x | 7.51x | €5.74 Million |
Industry Comparison
This section compares Sidma S.A. Steel Products's net assets metrics with peer companies in the Steel industry.
Industry Context
- Industry: Steel
- Average net assets among peers: $22,647,153
- Average return on equity (ROE) among peers: -1.58%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sidma S.A. Steel Products (SIDMA) | €21.87 Million | 0.00% | 6.51x | $20.31 Million |
| Elastron S.A. - Steel Service Centers (ELSTR) | $63.68 Million | -3.76% | 0.51x | $42.82 Million |
| Kordellos Ch. Bros S.A (KORDE) | $16.63 Million | 4.60% | 2.08x | $10.40 Million |
| N. Leventeris S.A. (LEBEK) | $6.63 Million | -11.23% | 0.56x | $2.31 Million |
| Mevaco S.A (MEVA) | $22.39 Million | -3.84% | 0.46x | $87.99 Million |
| Pipe Works L. Girakian Profil S.A. (PROFK) | $3.91 Million | 6.32% | 5.68x | $6.04 Million |
About Sidma S.A. Steel Products
Sidma S.A. Steel Products engages in processing and trading of steel products in Greece and internationally. It offers flat products, such as hot rolled, pickled and oiled, cold rolled, galvanized, pre painted, and plastified surface coils and sheets, as well as corrugated and trapezoidal sheets, and shipbuilding plates. The company also provides long products, including hot rolled steel bars wit… Read more