Vogiatzoglou Systems S.A
Vogiatzoglou Systems S.A. provides furnishing equipment solutions for retail stores, warehouses, and distribution centers in Greece. It offers warehouse metal shelves and equipment, including pallet racks, drive in products, push backs, radio shuttles, live storage products, cantilevers, mezzanines, mezzanine and light duty shelves, mobile archives, clad and mobile racking, inox shelves, vertical… Read more
Vogiatzoglou Systems S.A (VOSYS) - Net Assets
Latest net assets as of December 2022: €18.69 Million EUR
Based on the latest financial reports, Vogiatzoglou Systems S.A (VOSYS) has net assets worth €18.69 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 (€31.04 Million) and total liabilities (€12.35 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 | €18.69 Million |
| % of Total Assets | 60.21% |
| Annual Growth Rate | 4.62% |
| 5-Year Change | 22.32% |
| 10-Year Change | N/A |
| Growth Volatility | 5.31 |
Vogiatzoglou Systems S.A - Net Assets Trend (2014–2022)
This chart illustrates how Vogiatzoglou Systems 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 Vogiatzoglou Systems S.A (2014–2022)
The table below shows the annual net assets of Vogiatzoglou Systems S.A from 2014 to 2022.
| Year | Net Assets | Change |
|---|---|---|
| 2022-12-31 | €18.69 Million | +3.82% |
| 2021-12-31 | €18.00 Million | +16.65% |
| 2020-12-31 | €15.43 Million | -2.56% |
| 2019-12-31 | €15.84 Million | +3.66% |
| 2018-12-31 | €15.28 Million | +1.39% |
| 2017-12-31 | €15.07 Million | +5.90% |
| 2016-12-31 | €14.23 Million | +7.42% |
| 2015-12-31 | €13.25 Million | +1.73% |
| 2014-12-31 | €13.02 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Vogiatzoglou Systems 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 58.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2022)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €14.96 Million | 80.03% |
| Common Stock | €3.79 Million | 20.30% |
| Total Equity | €18.69 Million | 100.00% |
Vogiatzoglou Systems S.A Competitors by Market Cap
The table below lists competitors of Vogiatzoglou Systems S.A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
capsensixx AG
XETRA:CPX
|
$2.22 Million |
|
0QDW
LSE:0QDW
|
$2.22 Million |
|
Vault Strategic Mining Corp.
V:KNOX
|
$2.22 Million |
|
Viji Finance Limited
NSE:VIJIFIN
|
$2.22 Million |
|
Steady Safe TBK PT
JK:SAFE
|
$2.22 Million |
|
Social Life Network Inc
PINK:WDLF
|
$2.22 Million |
|
VANZO
KLSE:0333
|
$2.21 Million |
|
Resource Development Group Ltd
AU:RDG
|
$2.21 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Vogiatzoglou Systems S.A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2021 to 2022, total equity changed from 18,003,000 to 18,691,000, a change of 688,000 (3.8%).
- Net income of 1,707,000 contributed positively to equity growth.
- Dividend payments of 1,144,000 reduced retained earnings.
Equity Change Factors (2021 to 2022)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €1.71 Million | +9.13% |
| Dividends Paid | €1.14 Million | -6.12% |
| Other Changes | €125.00K | +0.67% |
| Total Change | €- | 3.82% |
Book Value vs Market Value Analysis
This analysis compares Vogiatzoglou Systems 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: 0.68x
- 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 0.82x to 0.68x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | €2.44 | €2.00 | x |
| 2021-12-31 | €2.85 | €2.00 | x |
| 2022-12-31 | €2.96 | €2.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Vogiatzoglou Systems 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): 9.13%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.92%
- • Asset Turnover: 1.12x
- • Equity Multiplier: 1.66x
- Recent ROE (9.13%) is above the historical average (5.88%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 1.03% | 0.71% | 0.92x | 1.58x | €-1.17 Million |
| 2015 | -0.15% | -0.13% | 0.80x | 1.50x | €-1.34 Million |
| 2016 | 5.26% | 3.82% | 0.94x | 1.46x | €-674.20K |
| 2017 | 10.00% | 7.01% | 0.99x | 1.44x | €-100.00 |
| 2018 | 7.64% | 5.01% | 1.06x | 1.44x | €-360.00K |
| 2019 | 6.58% | 3.91% | 0.95x | 1.77x | €-542.00K |
| 2020 | 1.73% | 1.12% | 0.94x | 1.65x | €-1.28 Million |
| 2021 | 11.67% | 7.46% | 0.92x | 1.69x | €300.70K |
| 2022 | 9.13% | 4.92% | 1.12x | 1.66x | €-162.10K |
Industry Comparison
This section compares Vogiatzoglou Systems S.A's net assets metrics with peer companies in the Furnishings, Fixtures & Appliances industry.
Industry Context
- Industry: Furnishings, Fixtures & Appliances
- Average net assets among peers: $26,349,580
- Average return on equity (ROE) among peers: 8.27%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Vogiatzoglou Systems S.A (VOSYS) | €18.69 Million | 1.03% | 0.66x | $2.22 Million |
| Dromeas SA (DROME) | $27.08 Million | 2.77% | 1.42x | $1.45 Million |
| N. Varveris-Moda Bagno S.A (MODA) | $25.62 Million | 13.76% | 0.92x | $18.35 Million |