COMPASS MINERALS
COMPASS MINERALS operates in Diversified Metals & Mining.
COMPASS MINERALS (CM8) - Net Assets
Latest net assets as of June 2024: €352.10 Million EUR
Based on the latest financial reports, COMPASS MINERALS (CM8) has net assets worth €352.10 Million EUR as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€1.60 Billion) and total liabilities (€1.24 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 | €352.10 Million |
| % of Total Assets | 22.07% |
| Annual Growth Rate | -4.56% |
| 5-Year Change | -4.26% |
| 10-Year Change | N/A |
| Growth Volatility | 45.97 |
COMPASS MINERALS - Net Assets Trend (2016–2023)
This chart illustrates how COMPASS MINERALS's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for COMPASS MINERALS (2016–2023)
The table below shows the annual net assets of COMPASS MINERALS from 2016 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | €517.20 Million | +101.72% |
| 2022-12-31 | €256.40 Million | -32.22% |
| 2020-12-31 | €378.30 Million | -28.57% |
| 2019-12-31 | €529.60 Million | -1.96% |
| 2018-12-31 | €540.20 Million | -22.23% |
| 2017-12-31 | €694.60 Million | -3.14% |
| 2016-12-31 | €717.10 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to COMPASS MINERALS'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 70.2% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €217.10 Million | 41.98% |
| Other Components | €300.10 Million | 58.02% |
| Total Equity | €517.20 Million | 100.00% |
COMPASS MINERALS Competitors by Market Cap
The table below lists competitors of COMPASS MINERALS ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Petron Corp Preferred Series 4E
PSE:PRF4E
|
$159.82K |
|
DHCNI
NASDAQ:DHCNI
|
$159.86K |
|
KEYCORP - Dusseldorf Stock Exchang
DU:KEY
|
$159.89K |
|
Mcdermott International Ltd
PINK:MCDIF
|
$160.03K |
|
Az Quest Infra-Yield Ii Fundo De Investimento Em Participacoes Em Infraestrutura
SA:AZIN11
|
$159.62K |
|
Genesis Growth Tech Acquisition Corp.
PINK:GGAUF
|
$159.58K |
|
CHINA GOLD INTL
BE:JI3
|
$159.56K |
|
PGIM Short Duration High Yield Opportunities Fund
NYSE:SDHY
|
$159.45K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in COMPASS MINERALS's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 256,400,000 to 517,200,000, a change of 260,800,000 (101.7%).
- Net income of 15,500,000 contributed positively to equity growth.
- Dividend payments of 24,900,000 reduced retained earnings.
- New share issuances of 240,700,000 increased equity.
- Other factors increased equity by 29,500,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €15.50 Million | +3.0% |
| Dividends Paid | €24.90 Million | -4.81% |
| Share Issuances | €240.70 Million | +46.54% |
| Other Changes | €29.50 Million | +5.7% |
| Total Change | €- | 101.72% |
Book Value vs Market Value Analysis
This analysis compares COMPASS MINERALS'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: 1.31x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 0.80x to 1.31x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | €20.53 | €16.40 | x |
| 2018-12-31 | €15.96 | €16.40 | x |
| 2019-12-31 | €15.63 | €16.40 | x |
| 2020-12-31 | €11.14 | €16.40 | x |
| 2022-12-31 | €7.50 | €16.40 | x |
| 2023-12-31 | €12.57 | €16.40 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently COMPASS MINERALS 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): 3.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.29%
- • Asset Turnover: 0.66x
- • Equity Multiplier: 3.52x
- Recent ROE (3.00%) is below the historical average (9.04%), 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 | 22.69% | 14.30% | 0.46x | 3.44x | €90.99 Million |
| 2017 | 6.15% | 3.13% | 0.53x | 3.70x | €-26.76 Million |
| 2018 | 12.74% | 4.61% | 0.63x | 4.38x | €14.78 Million |
| 2019 | 11.80% | 4.19% | 0.61x | 4.61x | €9.54 Million |
| 2020 | 16.68% | 6.28% | 0.44x | 5.98x | €25.27 Million |
| 2022 | -9.79% | -2.02% | 0.76x | 6.41x | €-50.74 Million |
| 2023 | 3.00% | 1.29% | 0.66x | 3.52x | €-36.22 Million |
Industry Comparison
This section compares COMPASS MINERALS'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 |
|---|---|---|---|---|
| COMPASS MINERALS (CM8) | €352.10 Million | 22.69% | 3.53x | $159.74K |
| 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 |