MSC INDL DIRECT-A
MSC INDL DIRECT-A operates in Diversified Metals & Mining.
MSC INDL DIRECT-A (98M) - Net Assets
Latest net assets as of August 2024: €1.40 Billion EUR
Based on the latest financial reports, MSC INDL DIRECT-A (98M) has net assets worth €1.40 Billion EUR as of August 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€2.46 Billion) and total liabilities (€1.06 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 | €1.40 Billion |
| % of Total Assets | 56.91% |
| Annual Growth Rate | 3.09% |
| 5-Year Change | 6.11% |
| 10-Year Change | N/A |
| Growth Volatility | 10.84 |
MSC INDL DIRECT-A - Net Assets Trend (2016–2024)
This chart illustrates how MSC INDL DIRECT-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 MSC INDL DIRECT-A (2016–2024)
The table below shows the annual net assets of MSC INDL DIRECT-A from 2016 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-08-31 | €1.40 Billion | -6.12% |
| 2023-08-31 | €1.49 Billion | +9.56% |
| 2022-08-31 | €1.36 Billion | +17.25% |
| 2021-08-31 | €1.16 Billion | -12.02% |
| 2020-08-31 | €1.32 Billion | -11.01% |
| 2019-08-31 | €1.48 Billion | +6.97% |
| 2018-08-31 | €1.39 Billion | +13.23% |
| 2017-08-31 | €1.23 Billion | +11.54% |
| 2016-08-31 | €1.10 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to MSC INDL DIRECT-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 decreased by 56.1% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (August 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €456.85 Million | 32.82% |
| Other Components | €934.95 Million | 67.18% |
| Total Equity | €1.39 Billion | 100.00% |
MSC INDL DIRECT-A Competitors by Market Cap
The table below lists competitors of MSC INDL DIRECT-A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
GO2 People Ltd
AU:GO2
|
$734.82K |
|
MAN vz. (Pref Shares)
STU:MAN3
|
$735.28K |
|
PRINCIPAL FINANCIAL - Dusseldorf Stock Exchang
DU:PG4
|
$735.67K |
|
Adex Mining Inc
PINK:ADXDF
|
$736.47K |
|
Hana Financial Group Inc.
KQ:086790
|
$734.37K |
|
J. & B. Ladenis Bros S.A. - Minerva - Knitwear Manufacturing Company
AT:MIN
|
$733.82K |
|
UZIN UTZ - Dusseldorf Stock Exchang
DU:UZU
|
$733.21K |
|
Tombador Iron Ltd
AU:TI1
|
$733.07K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in MSC INDL DIRECT-A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,479,164,000 to 1,391,797,000, a change of -87,367,000 (-5.9%).
- Net income of 258,594,000 contributed positively to equity growth.
- Dividend payments of 187,280,000 reduced retained earnings.
- Share repurchases of 237,695,000 reduced equity.
- Other factors increased equity by 79,014,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €258.59 Million | +18.58% |
| Dividends Paid | €187.28 Million | -13.46% |
| Share Repurchases | €237.69 Million | -17.08% |
| Other Changes | €79.01 Million | +5.68% |
| Total Change | €- | -5.91% |
Book Value vs Market Value Analysis
This analysis compares MSC INDL DIRECT-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: 2.97x
- 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 3.39x to 2.97x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-08-31 | €21.73 | €73.70 | x |
| 2018-08-31 | €24.82 | €73.70 | x |
| 2019-08-31 | €26.77 | €73.70 | x |
| 2020-08-31 | €23.65 | €73.70 | x |
| 2021-08-31 | €20.75 | €73.70 | x |
| 2022-08-31 | €24.17 | €73.70 | x |
| 2023-08-31 | €26.65 | €73.70 | x |
| 2024-08-31 | €24.80 | €73.70 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently MSC INDL DIRECT-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): 18.58%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.77%
- • Asset Turnover: 1.55x
- • Equity Multiplier: 1.77x
- Recent ROE (18.58%) is below the historical average (20.90%), 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 | 21.05% | 8.07% | 1.39x | 1.88x | €121.38 Million |
| 2017 | 18.89% | 8.01% | 1.38x | 1.71x | €108.92 Million |
| 2018 | 23.73% | 10.28% | 1.40x | 1.65x | €190.50 Million |
| 2019 | 19.54% | 8.59% | 1.46x | 1.56x | €141.01 Million |
| 2020 | 19.10% | 7.87% | 1.34x | 1.81x | €119.62 Million |
| 2021 | 18.85% | 6.69% | 1.32x | 2.14x | €101.82 Million |
| 2022 | 25.16% | 9.20% | 1.35x | 2.02x | €204.74 Million |
| 2023 | 23.20% | 8.56% | 1.58x | 1.72x | €195.32 Million |
| 2024 | 18.58% | 6.77% | 1.55x | 1.77x | €119.41 Million |
Industry Comparison
This section compares MSC INDL DIRECT-A's net assets metrics with peer companies in the Other industry.
Industry Context
- Industry: Other
- Average net assets among peers: $114,212,818,724
- Average return on equity (ROE) among peers: -9.08%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| MSC INDL DIRECT-A (98M) | €1.40 Billion | 21.05% | 0.76x | $734.57K |
| HORIBA (01H) | $204.49 Billion | 10.42% | 0.82x | $989.01K |
| Tokyu Corporation (01T) | $779.37 Billion | 3.34% | 2.35x | $99.73K |
| GUANGZHOU AUTO -H- (02G) | $122.28 Billion | 6.59% | 0.55x | $4.05K |
| MOSAIC (02M) | $10.60 Billion | 4.43% | 0.90x | $280.83K |
| MOSAIC (02M.SG) (02M) | $9.56 Billion | 10.46% | 0.82x | $247.21K |
| CHINA JO-JO DRGSTRS (04CN.SG) (04CN) | $16.67 Million | -126.83% | 4.46x | $1.55 Million |
| KRAKATAU STEEL -B- (07K) | $552.59 Million | 3.52% | 4.72x | $166.99 |
| CN MODERN DAIRY (07M) | $7.12 Billion | -10.42% | 1.50x | $1.68K |
| TOURMALINE OIL (08T) | $7.22 Billion | 4.81% | 0.41x | $381.02K |
| ASIA CASSAVA RESOUR (0ACS) | $913.15 Million | 2.86% | 1.55x | $325.03 |