FIFTH ST FINANCE
FIFTH ST FINANCE operates in Diversified Metals & Mining.
FIFTH ST FINANCE (FFC) - Net Assets
Latest net assets as of June 2024: €1.50 Billion EUR
Based on the latest financial reports, FIFTH ST FINANCE (FFC) has net assets worth €1.50 Billion EUR as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€3.32 Billion) and total liabilities (€1.83 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 | €1.50 Billion |
| % of Total Assets | 45.03% |
| Annual Growth Rate | 4.13% |
| 5-Year Change | 62.88% |
| 10-Year Change | N/A |
| Growth Volatility | 19.98 |
FIFTH ST FINANCE - Net Assets Trend (2016–2023)
This chart illustrates how FIFTH ST FINANCE's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for FIFTH ST FINANCE (2016–2023)
The table below shows the annual net assets of FIFTH ST FINANCE from 2016 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-09-30 | €1.52 Billion | +21.69% |
| 2022-09-30 | €1.25 Billion | -5.12% |
| 2021-09-30 | €1.31 Billion | +43.50% |
| 2020-09-30 | €914.88 Million | -1.69% |
| 2019-09-30 | €930.63 Million | +8.46% |
| 2018-09-30 | €858.03 Million | -1.11% |
| 2017-09-30 | €867.66 Million | -24.04% |
| 2016-09-30 | €1.14 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to FIFTH ST FINANCE'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 62479200000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (September 2023)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €2.17 Billion | 142.97% |
| Total Equity | €1.52 Billion | 100.00% |
FIFTH ST FINANCE Competitors by Market Cap
The table below lists competitors of FIFTH ST FINANCE ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
AB Effectenbeteiligungen AG
STU:JPH
|
$104.87K |
|
SKY PER JSAT HLDGS
BE:SKM
|
$104.93K |
|
MAJ DRILL GRP INTL
MU:3MJ
|
$104.97K |
|
BioLine RX Ltd
TA:BLRX
|
$104.99K |
|
Carlyle Secured Lending Inc
NASDAQ:CGBD
|
$104.69K |
|
Invesco Pennsylvania Value Municipal Income Trust
NYSE:VPV
|
$104.66K |
|
WILLIAMS GP HD G-CT
BE:WGF1
|
$104.62K |
|
Terrace Energy Corp.
PINK:TCRRF
|
$104.60K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in FIFTH ST FINANCE's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 1,245,563,000 to 1,515,764,000, a change of 270,201,000 (21.7%).
- Net income of 117,331,000 contributed positively to equity growth.
- Dividend payments of 180,046,000 reduced retained earnings.
- Share repurchases of 2,418,000 reduced equity.
- New share issuances of 1,370,000 increased equity.
- Other factors increased equity by 333,964,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €117.33 Million | +7.74% |
| Dividends Paid | €180.05 Million | -11.88% |
| Share Repurchases | €2.42 Million | -0.16% |
| Share Issuances | €1.37 Million | +0.09% |
| Other Changes | €333.96 Million | +22.03% |
| Total Change | €- | 21.69% |
Book Value vs Market Value Analysis
This analysis compares FIFTH ST FINANCE'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: 0.55x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 1.75x to 0.55x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-09-30 | €6.16 | €10.79 | x |
| 2018-09-30 | €6.09 | €10.79 | x |
| 2019-09-30 | €6.60 | €10.79 | x |
| 2020-09-30 | €6.49 | €10.79 | x |
| 2021-09-30 | €21.84 | €10.79 | x |
| 2022-09-30 | €20.38 | €10.79 | x |
| 2023-09-30 | €19.63 | €10.79 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently FIFTH ST FINANCE 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): 7.74%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 93.71%
- • Asset Turnover: 0.04x
- • Equity Multiplier: 2.12x
- Recent ROE (7.74%) is above the historical average (2.87%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | -5.83% | 0.00% | -0.02x | 2.06x | €-180.78 Million |
| 2017 | -22.70% | 0.00% | -0.11x | 1.86x | €-283.73 Million |
| 2018 | 5.45% | 81.76% | 0.04x | 1.81x | €-39.04 Million |
| 2019 | 13.56% | 99.24% | 0.09x | 1.59x | €33.10 Million |
| 2020 | 4.29% | 78.80% | 0.03x | 1.79x | €-52.26 Million |
| 2021 | 18.07% | 95.55% | 0.09x | 2.01x | €105.98 Million |
| 2022 | 2.35% | 74.71% | 0.01x | 2.12x | €-95.33 Million |
| 2023 | 7.74% | 93.71% | 0.04x | 2.12x | €-34.25 Million |
Industry Comparison
This section compares FIFTH ST FINANCE'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 |
|---|---|---|---|---|
| FIFTH ST FINANCE (FFC) | €1.50 Billion | -5.83% | 1.22x | $104.71K |
| 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 |