INFINERA
INFINERA operates in Diversified Metals & Mining.
INFINERA (IX6) - Net Assets
Latest net assets as of September 2024: €133.85 Million EUR
Based on the latest financial reports, INFINERA (IX6) has net assets worth €133.85 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 (€1.51 Billion) and total liabilities (€1.37 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 | €133.85 Million |
| % of Total Assets | 8.89% |
| Annual Growth Rate | -16.46% |
| 5-Year Change | -43.97% |
| 10-Year Change | N/A |
| Growth Volatility | 24.39 |
INFINERA - Net Assets Trend (2016–2023)
This chart illustrates how INFINERA's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for INFINERA (2016–2023)
The table below shows the annual net assets of INFINERA from 2016 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | €216.59 Million | +20.56% |
| 2022-12-31 | €179.65 Million | -44.51% |
| 2021-12-31 | €323.77 Million | -24.05% |
| 2020-12-31 | €426.28 Million | +10.28% |
| 2019-12-31 | €386.54 Million | -45.08% |
| 2018-12-31 | €703.82 Million | +5.78% |
| 2017-12-31 | €665.37 Million | -12.72% |
| 2016-12-31 | €762.33 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to INFINERA'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 116123100000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €1.94 Billion | 896.34% |
| Total Equity | €216.59 Million | 100.00% |
INFINERA Competitors by Market Cap
The table below lists competitors of INFINERA ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
RE/MAX HOLDINGS-A
BE:2RM
|
$60.62K |
|
Sino-German United AG
F:SGU
|
$60.70K |
|
CONVERT ORD A (SHH) EQSW Exp:
SHG:688693
|
$60.84K |
|
Luminar Media Group Inc
PINK:LRGR
|
$60.95K |
|
EOS Inc
PINK:EOSS
|
$60.48K |
|
LIGHTON
PA:ALTAI
|
$60.34K |
|
233250
KO:233250
|
$60.32K |
|
SSAB - A-
BE:SKWA
|
$60.30K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in INFINERA's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 179,647,000 to 216,591,000, a change of 36,944,000 (20.6%).
- Net loss of 25,213,000 reduced equity.
- New share issuances of 14,931,000 increased equity.
- Other factors increased equity by 47,226,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-25.21 Million | -11.64% |
| Share Issuances | €14.93 Million | +6.89% |
| Other Changes | €47.23 Million | +21.8% |
| Total Change | €- | 20.56% |
Book Value vs Market Value Analysis
This analysis compares INFINERA'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: 6.77x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has increased from 1.43x to 6.77x 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 | €4.45 | €6.35 | x |
| 2018-12-31 | €4.01 | €6.35 | x |
| 2019-12-31 | €2.13 | €6.35 | x |
| 2020-12-31 | €2.12 | €6.35 | x |
| 2021-12-31 | €1.53 | €6.35 | x |
| 2022-12-31 | €0.82 | €6.35 | x |
| 2023-12-31 | €0.94 | €6.35 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently INFINERA 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): -11.64%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -1.56%
- • Asset Turnover: 0.96x
- • Equity Multiplier: 7.75x
- Recent ROE (-11.64%) is above the historical average (-39.76%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | -3.14% | -2.75% | 0.73x | 1.57x | €-100.16 Million |
| 2017 | -29.23% | -26.26% | 0.66x | 1.68x | €-261.04 Million |
| 2018 | -30.45% | -22.72% | 0.52x | 2.56x | €-284.68 Million |
| 2019 | -100.02% | -29.77% | 0.80x | 4.21x | €-425.27 Million |
| 2020 | -48.49% | -15.25% | 0.78x | 4.06x | €-249.35 Million |
| 2021 | -52.75% | -11.98% | 0.90x | 4.90x | €-203.16 Million |
| 2022 | -42.33% | -4.83% | 0.94x | 9.29x | €-94.01 Million |
| 2023 | -11.64% | -1.56% | 0.96x | 7.75x | €-46.87 Million |
Industry Comparison
This section compares INFINERA'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 |
|---|---|---|---|---|
| INFINERA (IX6) | €133.85 Million | -3.14% | 10.25x | $60.57K |
| 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 |