Fiplasto SA
Fiplasto S.A. produces and sells wood fiber hardboards and furniture. It offers a range of products for auto parts, packaging, furniture and door manufacturing, blackboards, construction formwork, displays and signage, and other applications. Fiplasto S.A. was founded in 1945 and is based in Buenos Aires, Argentina.
Fiplasto SA (FIPL) - Net Assets
Latest net assets as of December 2025: AR$53.02 Billion ARS
Based on the latest financial reports, Fiplasto SA (FIPL) has net assets worth AR$53.02 Billion ARS as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AR$115.75 Billion) and total liabilities (AR$62.74 Billion). 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 | AR$53.02 Billion |
| % of Total Assets | 45.8% |
| Annual Growth Rate | 87.76% |
| 5-Year Change | 8748.85% |
| 10-Year Change | N/A |
| Growth Volatility | 190.15 |
Fiplasto SA - Net Assets Trend (2016–2025)
This chart illustrates how Fiplasto SA's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Fiplasto SA (2016–2025)
The table below shows the annual net assets of Fiplasto SA from 2016 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | AR$35.62 Billion | +6.93% |
| 2024-06-30 | AR$33.31 Billion | +535.49% |
| 2023-06-30 | AR$5.24 Billion | +432.98% |
| 2022-06-30 | AR$983.46 Million | +144.32% |
| 2021-06-30 | AR$402.53 Million | +42.66% |
| 2020-06-30 | AR$282.15 Million | +16.14% |
| 2019-06-30 | AR$242.94 Million | +91.19% |
| 2018-06-30 | AR$127.06 Million | +4.93% |
| 2017-06-30 | AR$121.09 Million | -1.43% |
| 2016-06-30 | AR$122.84 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Fiplasto SA'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 decreased by 1650.1% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | AR$32.88 Billion | 102.84% |
| Total Equity | AR$31.97 Billion | 100.00% |
Fiplasto SA Competitors by Market Cap
The table below lists competitors of Fiplasto SA ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
464680
KQ:464680
|
$18.38 Million |
|
A2Z Infra Engineering Limited
NSE:A2ZINFRA
|
$18.39 Million |
|
National Bank of Coxsackie
PINK:NCXS
|
$18.39 Million |
|
Song Ho Industrial Co Ltd
TWO:5016
|
$18.39 Million |
|
Gayatri Projects Limited
NSE:GAYAPROJ
|
$18.36 Million |
|
CVD Equipment Corporation
NASDAQ:CVV
|
$18.36 Million |
|
Fajarbaru Builder Group Bhd
KLSE:7047
|
$18.35 Million |
|
Manoj Vaibhav Gems 'N' Jewellers Limited
NSE:MVGJL
|
$18.35 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Fiplasto SA's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 33,310,000,000 to 31,972,000,000, a change of -1,338,000,000 (-4.0%).
- Net loss of 834,000,000 reduced equity.
- Dividend payments of 583,000,000 reduced retained earnings.
- Share repurchases of 112,000,000 reduced equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AR$-834.00 Million | -2.61% |
| Dividends Paid | AR$583.00 Million | -1.82% |
| Share Repurchases | AR$112.00 Million | -0.35% |
| Other Changes | AR$191.00 Million | +0.6% |
| Total Change | AR$- | -4.02% |
Book Value vs Market Value Analysis
This analysis compares Fiplasto SA'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: 0.76x
- 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 110.90x to 0.76x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-06-30 | AR$1.70 | AR$188.00 | x |
| 2018-06-30 | AR$1.78 | AR$188.00 | x |
| 2019-06-30 | AR$3.40 | AR$188.00 | x |
| 2020-06-30 | AR$3.95 | AR$188.00 | x |
| 2021-06-30 | AR$5.64 | AR$188.00 | x |
| 2022-06-30 | AR$13.77 | AR$188.00 | x |
| 2023-06-30 | AR$40.50 | AR$188.00 | x |
| 2024-06-30 | AR$257.36 | AR$188.00 | x |
| 2025-06-30 | AR$247.02 | AR$188.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Fiplasto SA 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): -2.61%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -2.61%
- • Asset Turnover: 0.32x
- • Equity Multiplier: 3.08x
- Recent ROE (-2.61%) is below the historical average (22.52%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 14.15% | 3.77% | 1.47x | 2.56x | AR$5.10 Million |
| 2017 | 0.08% | 0.02% | 1.24x | 3.34x | AR$-12.01 Million |
| 2018 | 4.92% | 0.99% | 1.24x | 4.00x | AR$-6.45 Million |
| 2019 | -36.57% | -10.63% | 0.93x | 3.71x | AR$-113.13 Million |
| 2020 | -22.70% | -5.48% | 0.97x | 4.25x | AR$-92.28 Million |
| 2021 | -5.48% | -1.17% | 0.99x | 4.74x | AR$-62.31 Million |
| 2022 | 32.94% | 8.44% | 1.11x | 3.52x | AR$225.62 Million |
| 2023 | 221.89% | 36.94% | 2.99x | 2.01x | AR$11.11 Billion |
| 2024 | 18.57% | 14.28% | 0.71x | 1.83x | AR$2.85 Billion |
| 2025 | -2.61% | -2.61% | 0.32x | 3.08x | AR$-4.03 Billion |
Industry Comparison
This section compares Fiplasto SA's net assets metrics with peer companies in the Furnishings, Fixtures & Appliances industry.
Industry Context
- Industry: Furnishings, Fixtures & Appliances
- Average net assets among peers: $153,910,696
- Average return on equity (ROE) among peers: 28.02%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Fiplasto SA (FIPL) | AR$53.02 Billion | 14.15% | 1.18x | $18.37 Million |
| Domec Compania de Artefactos Domesticos SAIC y F (DOME) | $31.82 Million | 17.87% | 0.38x | $322.00K |
| Longvie SA (LONG) | $276.00 Million | 38.16% | 1.21x | $4.14 Million |