Morixe Hermanos S.A. 5 Votes
Morixe Hermanos S.A.C.I. manufactures and sells food products in Argentina. It offers biscuits, oils and dressings, olives, oatmeal, frozen products, mini cracker cookies, flour, legumes, corn, breadcrumbs, butter, and mashed potatoes. The company was formerly known as Francisco Morixe e Hijos Sociedad Colectiva and changed its name to Morixe Hermanos S.A.C.I. in 1914. Morixe Hermanos S.A.C.I. wa… Read more
Morixe Hermanos S.A. 5 Votes (MORI5) - Net Assets
Latest net assets as of August 2023: AR$10.01 Billion ARS
Based on the latest financial reports, Morixe Hermanos S.A. 5 Votes (MORI5) has net assets worth AR$10.01 Billion ARS as of August 2023.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AR$22.82 Billion) and total liabilities (AR$12.81 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$10.01 Billion |
| % of Total Assets | 43.87% |
| Annual Growth Rate | 116.43% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 66.96 |
Morixe Hermanos S.A. 5 Votes - Net Assets Trend (2020–2023)
This chart illustrates how Morixe Hermanos S.A. 5 Votes's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Morixe Hermanos S.A. 5 Votes (2020–2023)
The table below shows the annual net assets of Morixe Hermanos S.A. 5 Votes from 2020 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-05-31 | AR$7.84 Billion | +126.65% |
| 2022-05-31 | AR$3.46 Billion | +44.67% |
| 2021-05-31 | AR$2.39 Billion | +208.68% |
| 2020-05-31 | AR$774.70 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Morixe Hermanos S.A. 5 Votes'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 2526.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (May 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | AR$344.52 Million | 4.39% |
| Other Components | AR$7.50 Billion | 95.61% |
| Total Equity | AR$7.84 Billion | 100.00% |
Morixe Hermanos S.A. 5 Votes Competitors by Market Cap
The table below lists competitors of Morixe Hermanos S.A. 5 Votes ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Jaya Trishindo Tbk PT
JK:HELI
|
$2.21 Million |
|
Resource Development Group Ltd
AU:RDG
|
$2.21 Million |
|
VANZO
KLSE:0333
|
$2.21 Million |
|
WESTERN DIGITAL - Dusseldorf Stock Exchang
DU:WDC
|
$2.22 Million |
|
Wah Fu Education Group Ltd
NASDAQ:WAFU
|
$2.21 Million |
|
PNE PCB Bhd
KLSE:6637
|
$2.21 Million |
|
Cemacon Zalau
RO:CEON
|
$2.21 Million |
|
TCS Group Holdings Bhd
KLSE:0221
|
$2.21 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Morixe Hermanos S.A. 5 Votes's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 3,459,558,504 to 7,841,039,918, a change of 4,381,481,414 (126.6%).
- Net income of 305,190,074 contributed positively to equity growth.
- Other factors increased equity by 4,076,291,340.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AR$305.19 Million | +3.89% |
| Other Changes | AR$4.08 Billion | +51.99% |
| Total Change | AR$- | 126.65% |
Book Value vs Market Value Analysis
This analysis compares Morixe Hermanos S.A. 5 Votes'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: 1.32x
- 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 10.89x to 1.32x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-05-31 | AR$3.38 | AR$36.80 | x |
| 2021-05-31 | AR$8.48 | AR$36.80 | x |
| 2022-05-31 | AR$12.27 | AR$36.80 | x |
| 2023-05-31 | AR$27.81 | AR$36.80 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Morixe Hermanos S.A. 5 Votes utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 3.89%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.26%
- • Asset Turnover: 1.21x
- • Equity Multiplier: 2.54x
- Recent ROE (3.89%) is above the historical average (0.31%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 0.64% | 0.11% | 1.42x | 4.13x | AR$-72.49 Million |
| 2021 | 7.42% | 2.09% | 1.35x | 2.62x | AR$-61.69 Million |
| 2022 | -10.72% | -2.97% | 1.23x | 2.95x | AR$-716.73 Million |
| 2023 | 3.89% | 1.26% | 1.21x | 2.54x | AR$-478.91 Million |
Industry Comparison
This section compares Morixe Hermanos S.A. 5 Votes's net assets metrics with peer companies in the Farm Products industry.
Industry Context
- Industry: Farm Products
- Average net assets among peers: $8,092,925,909
- Average return on equity (ROE) among peers: 5.56%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Morixe Hermanos S.A. 5 Votes (MORI5) | AR$10.01 Billion | 0.64% | 1.28x | $2.21 Million |
| Inversora Juramento SA (INVJ) | $15.42 Billion | 4.62% | 0.57x | $11.61 Million |
| Molinos Agro SA (MOLA) | $5.58 Billion | 52.87% | 4.82x | $298.71 Million |
| Morixe Hermanos SACI (MORI) | $-5.98 Million | 0.00% | 0.00x | $12.89 Million |
| San Miguel AG (SAMI) | $18.04 Billion | -23.32% | 2.56x | $700.38 Million |
| Molinos Juan Semino SA (SEMI) | $1.44 Billion | -6.38% | 0.62x | $28.26 Million |