Metrogas SA (METR) - Net Assets
Based on the latest financial reports, Metrogas SA (METR) has net assets worth AR$960.35 Billion ARS (≈ $694.91 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 (AR$1.39 Trillion ≈ $1.01 Billion USD) and total liabilities (AR$429.73 Billion ≈ $310.96 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 METR goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AR$960.35 Billion |
| % of Total Assets | 69.09% |
| Annual Growth Rate | N/A |
| 5-Year Change | 5436.07% |
| 10-Year Change | N/A |
| Growth Volatility | 353.84 |
Metrogas SA - Net Assets Trend (2015–2025)
This chart illustrates how Metrogas SA's net assets have evolved over time, based on quarterly financial data. See operational self-sufficiency of Metrogas SA to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Metrogas SA (2015–2025)
The table below shows the annual net assets of Metrogas SA from 2015 to 2025. For live valuation and market cap data, see METR market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | AR$960.35 Billion ≈ $694.91 Million |
+15.78% |
| 2024-12-31 | AR$829.48 Billion ≈ $600.21 Million |
+74.39% |
| 2023-12-31 | AR$475.65 Billion ≈ $344.19 Million |
+1102.85% |
| 2022-12-31 | AR$39.54 Billion ≈ $28.61 Million |
+127.96% |
| 2021-12-31 | AR$17.35 Billion ≈ $12.55 Million |
+20.48% |
| 2020-12-31 | AR$14.40 Billion ≈ $10.42 Million |
-29.70% |
| 2019-12-31 | AR$20.48 Billion ≈ $14.82 Million |
-19.66% |
| 2018-12-31 | AR$25.49 Billion ≈ $18.45 Million |
+183.58% |
| 2017-12-31 | AR$8.99 Billion ≈ $6.51 Million |
+755.14% |
| 2016-12-31 | AR$-1.37 Billion ≈ $-992.91K |
-78.72% |
| 2015-12-31 | AR$-767.77 Million ≈ $-555.56K |
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Equity Component Analysis
This analysis shows how different components contribute to Metrogas 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 grown by 134425800000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | AR$958.47 Billion | 100.00% |
| Total Equity | AR$958.47 Billion | 100.00% |
Metrogas SA Competitors by Market Cap
The table below lists competitors of Metrogas SA ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
FuJian YanJing HuiQuan Brewery Co Ltd
SHG:600573
|
$396.92 Million |
|
John Wiley & Sons B
NYSE:WLYB
|
$397.02 Million |
|
Guangzhou Jinyi Media Corp
SHE:002905
|
$397.04 Million |
|
Coca-Cola Europacific Partners PLC
LSE:CCEP
|
$397.05 Million |
|
Shenzhen TVT Digital Technology Co Ltd
SHE:002835
|
$396.67 Million |
|
Farmers & Merchants Bancorp Inc
NASDAQ:FMAO
|
$396.55 Million |
|
Lotte Non-Life
KO:000400
|
$396.54 Million |
|
Guangdong Failong Crystal Technology Co Ltd
SHE:300460
|
$396.52 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Metrogas SA's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 827,809,000,000 to 958,465,000,000, a change of 130,656,000,000 (15.8%).
- Net income of 130,656,000,000 contributed positively to equity growth.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AR$130.66 Billion | +13.63% |
| Total Change | AR$- | 15.78% |
Book Value vs Market Value Analysis
This analysis compares Metrogas 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: 1.17x
- 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 124.47x to 1.17x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | AR$15.79 | AR$1965.00 | x |
| 2018-12-31 | AR$689000.49 | AR$1965.00 | x |
| 2019-12-31 | AR$35.90 | AR$1965.00 | x |
| 2020-12-31 | AR$25.27 | AR$1965.00 | x |
| 2021-12-31 | AR$30.42 | AR$1965.00 | x |
| 2022-12-31 | AR$69.23 | AR$1965.00 | x |
| 2023-12-31 | AR$834.55 | AR$1965.00 | x |
| 2024-12-31 | AR$1454.85 | AR$1965.00 | x |
| 2025-12-31 | AR$1684.47 | AR$1965.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Metrogas SA utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 13.63%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 10.73%
- • Asset Turnover: 0.88x
- • Equity Multiplier: 1.45x
- Recent ROE (13.63%) is above the historical average (5.10%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 0.00% | -12.21% | 1.15x | 0.00x | AR$-487.39 Million |
| 2016 | 0.00% | -7.46% | 1.22x | 0.00x | AR$-462.21 Million |
| 2017 | 8.60% | 6.34% | 0.60x | 2.25x | AR$-125.63 Million |
| 2018 | 9.14% | 10.02% | 0.47x | 1.93x | AR$-220.08 Million |
| 2019 | 5.46% | 1.85% | 0.93x | 3.18x | AR$-926.96 Million |
| 2020 | -38.01% | -11.00% | 0.75x | 4.62x | AR$-6.91 Billion |
| 2021 | -25.39% | -7.90% | 0.62x | 5.23x | AR$-6.13 Billion |
| 2022 | 14.39% | 5.29% | 0.68x | 3.98x | AR$1.73 Billion |
| 2023 | 43.74% | 29.41% | 0.71x | 2.09x | AR$160.24 Billion |
| 2024 | 24.54% | 16.69% | 0.84x | 1.75x | AR$120.35 Billion |
| 2025 | 13.63% | 10.73% | 0.88x | 1.45x | AR$34.81 Billion |
Industry Comparison
This section compares Metrogas SA's net assets metrics with peer companies in the Utilities - Regulated Gas industry.
Industry Context
- Industry: Utilities - Regulated Gas
- Average net assets among peers: $101,959,278,737
- Average return on equity (ROE) among peers: 32.62%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Metrogas SA (METR) | AR$960.35 Billion | 0.00% | 0.45x | $396.71 Million |
| Camuzzi Gas Pampeana SA (CGPA2) | $293.81 Billion | 79.81% | 0.95x | $198.52 Million |
| Distribuidora de Gas Cuyana SA (DGCU2) | $10.97 Billion | -3.91% | 0.41x | $115.46 Million |
| Naturgy BAN SA (GBAN) | $1.10 Billion | 21.95% | 3.68x | $218.15 Million |
About Metrogas SA
MetroGAS S.A. engages in the distribution of natural gas primarily in Argentina. The company was formerly known as Distribuidora de Gas Metropolitano SA. MetroGAS S.A. was incorporated in 1992 and is based in Buenos Aires, Argentina. MetroGAS S.A. operates as a subsidiary of YPF Sociedad Anónima.