HAYNES INTL
HAYNES INTL operates in Diversified Metals & Mining.
HAYNES INTL (HYVN) - Net Assets
Latest net assets as of June 2024: €452.20 Million EUR
Based on the latest financial reports, HAYNES INTL (HYVN) has net assets worth €452.20 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 (€685.76 Million) and total liabilities (€233.56 Million). 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 | €452.20 Million |
| % of Total Assets | 65.94% |
| Annual Growth Rate | 4.87% |
| 5-Year Change | 46.59% |
| 10-Year Change | N/A |
| Growth Volatility | 8.55 |
HAYNES INTL - Net Assets Trend (2016–2023)
This chart illustrates how HAYNES INTL's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for HAYNES INTL (2016–2023)
The table below shows the annual net assets of HAYNES INTL from 2016 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-09-30 | €434.32 Million | +15.67% |
| 2022-09-30 | €375.49 Million | +9.37% |
| 2021-09-30 | €343.32 Million | +13.87% |
| 2020-09-30 | €301.50 Million | +1.76% |
| 2019-09-30 | €296.27 Million | -11.09% |
| 2018-09-30 | €333.22 Million | -0.17% |
| 2017-09-30 | €333.77 Million | +7.22% |
| 2016-09-30 | €311.30 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to HAYNES INTL'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 8.2% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (September 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €165.82 Million | 38.18% |
| Other Components | €268.50 Million | 61.82% |
| Total Equity | €434.32 Million | 100.00% |
HAYNES INTL Competitors by Market Cap
The table below lists competitors of HAYNES INTL ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Epitomee Medical Ltd
TA:EPIT
|
$567.43K |
|
Starhedge SA
WAR:SHG
|
$567.44K |
|
Cheops Technology France SA
PA:MLCHE
|
$568.30K |
|
Venus Concept Inc
NASDAQ:VERO
|
$568.53K |
|
CardioComm Solutions Inc
PINK:EKGGF
|
$567.12K |
|
M.O.B.A. Network AB (publ)
PINK:MOBNF
|
$567.07K |
|
Sydinvest Fjernøsten Akkumulerende KL
CO:SYIFJERADKKA
|
$566.94K |
|
iDimension Consolidated Bhd
KLSE:0174
|
$566.90K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in HAYNES INTL's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 375,488,000 to 434,324,000, a change of 58,836,000 (15.7%).
- Net income of 41,975,000 contributed positively to equity growth.
- Dividend payments of 11,192,000 reduced retained earnings.
- Share repurchases of 934,000 reduced equity.
- Other factors increased equity by 28,987,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €41.98 Million | +9.66% |
| Dividends Paid | €11.19 Million | -2.58% |
| Share Repurchases | €934.00K | -0.22% |
| Other Changes | €28.99 Million | +6.67% |
| Total Change | €- | 15.67% |
Book Value vs Market Value Analysis
This analysis compares HAYNES INTL'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: 1.69x
- 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 2.16x to 1.69x 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 | €26.68 | €57.50 | x |
| 2018-09-30 | €26.65 | €57.50 | x |
| 2019-09-30 | €23.68 | €57.50 | x |
| 2020-09-30 | €23.89 | €57.50 | x |
| 2021-09-30 | €27.33 | €57.50 | x |
| 2022-09-30 | €30.09 | €57.50 | x |
| 2023-09-30 | €34.11 | €57.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently HAYNES INTL 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): 9.66%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.11%
- • Asset Turnover: 0.84x
- • Equity Multiplier: 1.63x
- Recent ROE (9.66%) is above the historical average (1.54%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 1.61% | 1.24% | 0.63x | 2.09x | €-26.11 Million |
| 2017 | -3.05% | -2.58% | 0.64x | 1.86x | €-43.57 Million |
| 2018 | -6.53% | -5.00% | 0.74x | 1.77x | €-55.07 Million |
| 2019 | 3.29% | 1.99% | 0.83x | 2.00x | €-19.88 Million |
| 2020 | -2.15% | -1.70% | 0.68x | 1.86x | €-36.63 Million |
| 2021 | -2.53% | -2.57% | 0.62x | 1.59x | €-43.02 Million |
| 2022 | 12.01% | 9.19% | 0.78x | 1.68x | €7.54 Million |
| 2023 | 9.66% | 7.11% | 0.84x | 1.63x | €-1.46 Million |
Industry Comparison
This section compares HAYNES INTL'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 |
|---|---|---|---|---|
| HAYNES INTL (HYVN) | €452.20 Million | 1.61% | 0.52x | $567.38K |
| 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 |