ENCE ENERGIA
ENCE ENERGIA operates in Diversified Metals & Mining.
ENCE ENERGIA (ENCA) - Net Assets
Latest net assets as of September 2024: €650.70 Million EUR
Based on the latest financial reports, ENCE ENERGIA (ENCA) has net assets worth €650.70 Million EUR as of September 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€1.70 Billion) and total liabilities (€1.05 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 | €650.70 Million |
| % of Total Assets | 38.17% |
| Annual Growth Rate | 2.1% |
| 5-Year Change | -3.76% |
| 10-Year Change | N/A |
| Growth Volatility | 20.39 |
ENCE ENERGIA - Net Assets Trend (2016–2023)
This chart illustrates how ENCE ENERGIA's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for ENCE ENERGIA (2016–2023)
The table below shows the annual net assets of ENCE ENERGIA from 2016 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | €649.59 Million | -20.59% |
| 2022-12-31 | €818.04 Million | +30.78% |
| 2021-12-31 | €625.52 Million | -26.42% |
| 2020-12-31 | €850.13 Million | +25.96% |
| 2019-12-31 | €674.93 Million | -3.21% |
| 2018-12-31 | €697.30 Million | +8.57% |
| 2017-12-31 | €642.23 Million | +14.37% |
| 2016-12-31 | €561.57 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to ENCE ENERGIA'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 4568600000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €558.78 Million | 104.63% |
| Total Equity | €534.06 Million | 100.00% |
ENCE ENERGIA Competitors by Market Cap
The table below lists competitors of ENCE ENERGIA ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Gold'n Futures Mineral Corp
PINK:GFTRF
|
$22.46K |
|
Gibui Holdings Ltd
TA:GIBUI
|
$22.47K |
|
Gores Holdings IX Inc. Warrant
NASDAQ:GHIXW
|
$22.47K |
|
Blessed Textiles Ltd
KAR:BTL
|
$22.47K |
|
A2A (EAM.SG)
STU:EAM
|
$22.42K |
|
Changing Information Technology Inc.
TWO:8272
|
$22.42K |
|
EO2 EO 1
F:EO4
|
$22.41K |
|
LBG Media PLC
LSE:LBG
|
$22.39K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in ENCE ENERGIA's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 700,800,000 to 534,062,000, a change of -166,738,000 (-23.8%).
- Net loss of 24,720,000 reduced equity.
- Dividend payments of 140,609,000 reduced retained earnings.
- Share repurchases of 50,571,000 reduced equity.
- New share issuances of 50,769,000 increased equity.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-24.72 Million | -4.63% |
| Dividends Paid | €140.61 Million | -26.33% |
| Share Repurchases | €50.57 Million | -9.47% |
| Share Issuances | €50.77 Million | +9.51% |
| Other Changes | €-1.61 Million | -0.3% |
| Total Change | €- | -23.79% |
Book Value vs Market Value Analysis
This analysis compares ENCE ENERGIA'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: 1.09x
- 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 0.93x to 1.09x 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 | €2.58 | €2.40 | x |
| 2018-12-31 | €2.77 | €2.40 | x |
| 2019-12-31 | €2.70 | €2.40 | x |
| 2020-12-31 | €2.94 | €2.40 | x |
| 2021-12-31 | €2.12 | €2.40 | x |
| 2022-12-31 | €2.89 | €2.40 | x |
| 2023-12-31 | €2.20 | €2.40 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently ENCE ENERGIA 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): -4.63%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -2.98%
- • Asset Turnover: 0.49x
- • Equity Multiplier: 3.18x
- Recent ROE (-4.63%) is below the historical average (3.97%), 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 | 6.98% | 6.39% | 0.49x | 2.22x | €-16.72 Million |
| 2017 | 14.52% | 12.40% | 0.57x | 2.06x | €28.55 Million |
| 2018 | 19.02% | 15.52% | 0.48x | 2.54x | €61.23 Million |
| 2019 | 1.40% | 1.25% | 0.41x | 2.71x | €-56.46 Million |
| 2020 | -3.70% | -3.73% | 0.36x | 2.76x | €-97.77 Million |
| 2021 | -37.14% | -23.23% | 0.51x | 3.15x | €-241.68 Million |
| 2022 | 35.28% | 24.64% | 0.56x | 2.54x | €177.14 Million |
| 2023 | -4.63% | -2.98% | 0.49x | 3.18x | €-78.13 Million |
Industry Comparison
This section compares ENCE ENERGIA'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 |
|---|---|---|---|---|
| ENCE ENERGIA (ENCA) | €650.70 Million | 6.98% | 1.62x | $22.43K |
| 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 |