ENCORE CAP GROUP
ENCORE CAP GROUP operates in Diversified Metals & Mining.
ENCORE CAP GROUP (ECP) - Net Assets
Latest net assets as of September 2024: €1.05 Billion EUR
Based on the latest financial reports, ENCORE CAP GROUP (ECP) has net assets worth €1.05 Billion EUR as of September 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€4.99 Billion) and total liabilities (€3.95 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 | €1.05 Billion |
| % of Total Assets | 20.99% |
| Annual Growth Rate | 7.77% |
| 5-Year Change | -8.67% |
| 10-Year Change | N/A |
| Growth Volatility | 19.55 |
ENCORE CAP GROUP - Net Assets Trend (2016–2023)
This chart illustrates how ENCORE CAP GROUP's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for ENCORE CAP GROUP (2016–2023)
The table below shows the annual net assets of ENCORE CAP GROUP from 2016 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | €936.54 Million | -20.61% |
| 2022-12-31 | €1.18 Billion | -0.48% |
| 2021-12-31 | €1.19 Billion | -2.85% |
| 2020-12-31 | €1.22 Billion | +18.98% |
| 2019-12-31 | €1.03 Billion | +25.10% |
| 2018-12-31 | €819.69 Million | +43.32% |
| 2017-12-31 | €571.93 Million | +3.10% |
| 2016-12-31 | €554.76 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to ENCORE CAP GROUP'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 87.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €1.05 Billion | 112.03% |
| Total Equity | €936.54 Million | 100.00% |
ENCORE CAP GROUP Competitors by Market Cap
The table below lists competitors of ENCORE CAP GROUP ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
US STEEL - Dusseldorf Stock Exchang
DU:USX1
|
$460.22K |
|
NamR SA
PA:ALNMR
|
$460.23K |
|
WILH. WILH HOLD -A-
BE:WML1
|
$460.26K |
|
BUCKLE
BE:BK2
|
$460.94K |
|
Caja de Valores S.A.
BA:SPY
|
$459.84K |
|
Realia Properties Inc
V:RLP
|
$459.64K |
|
DMG MORI (GIL.SG)
STU:GIL
|
$459.63K |
|
Premier Health of America Inc
V:PHA
|
$459.41K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in ENCORE CAP GROUP's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 1,179,627,000 to 936,538,000, a change of -243,089,000 (-20.6%).
- Net loss of 206,492,000 reduced equity.
- Other factors decreased equity by 36,597,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-206.49 Million | -22.05% |
| Other Changes | €-36.60 Million | -3.91% |
| Total Change | €- | -20.61% |
Book Value vs Market Value Analysis
This analysis compares ENCORE CAP GROUP'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 2.06x 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 | €22.55 | €46.40 | x |
| 2018-12-31 | €26.49 | €46.40 | x |
| 2019-12-31 | €32.87 | €46.40 | x |
| 2020-12-31 | €38.85 | €46.40 | x |
| 2021-12-31 | €48.30 | €46.40 | x |
| 2022-12-31 | €50.58 | €46.40 | x |
| 2023-12-31 | €39.78 | €46.40 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently ENCORE CAP GROUP 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): -22.05%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -16.89%
- • Asset Turnover: 0.26x
- • Equity Multiplier: 4.94x
- Recent ROE (-22.05%) is below the historical average (12.49%), 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 | 13.62% | 7.44% | 0.28x | 6.53x | €20.34 Million |
| 2017 | 14.30% | 7.01% | 0.26x | 7.72x | €25.04 Million |
| 2018 | 14.17% | 8.51% | 0.29x | 5.66x | €34.09 Million |
| 2019 | 16.42% | 12.01% | 0.28x | 4.80x | €65.65 Million |
| 2020 | 17.40% | 14.11% | 0.31x | 4.00x | €90.09 Million |
| 2021 | 29.60% | 21.73% | 0.35x | 3.89x | €232.26 Million |
| 2022 | 16.49% | 13.91% | 0.31x | 3.82x | €76.60 Million |
| 2023 | -22.05% | -16.89% | 0.26x | 4.94x | €-300.15 Million |
Industry Comparison
This section compares ENCORE CAP GROUP'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 |
|---|---|---|---|---|
| ENCORE CAP GROUP (ECP) | €1.05 Billion | 13.62% | 3.76x | $460.18K |
| 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 |