PSI GROUP
PSI GROUP operates in Diversified Metals & Mining.
PSI GROUP (PGT) - Net Assets
Latest net assets as of September 2024: €467.74 Million EUR
Based on the latest financial reports, PSI GROUP (PGT) has net assets worth €467.74 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 (€966.05 Million) and total liabilities (€498.30 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 | €467.74 Million |
| % of Total Assets | 48.42% |
| Annual Growth Rate | 5.76% |
| 5-Year Change | 79.93% |
| 10-Year Change | N/A |
| Growth Volatility | 19.46 |
PSI GROUP - Net Assets Trend (2016–2023)
This chart illustrates how PSI 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 PSI GROUP (2016–2023)
The table below shows the annual net assets of PSI GROUP from 2016 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | €474.85 Million | -6.38% |
| 2022-12-31 | €507.21 Million | +1.81% |
| 2021-12-31 | €498.19 Million | +36.10% |
| 2020-12-31 | €366.06 Million | +38.71% |
| 2019-12-31 | €263.90 Million | -0.47% |
| 2018-12-31 | €265.14 Million | -5.65% |
| 2017-12-31 | €281.01 Million | -12.45% |
| 2016-12-31 | €320.98 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to PSI 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 decreased by 0.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €474.85 Million | 100.00% |
| Total Equity | €474.85 Million | 100.00% |
PSI GROUP Competitors by Market Cap
The table below lists competitors of PSI GROUP ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
HSS Hire Group PLC
LSE:HSS
|
$8.78K |
|
Konsortium AG
MU:KUB1
|
$8.79K |
|
Arfin India Limited
NSE:ARFIN
|
$8.79K |
|
NanoFocus AG
MU:N2F0
|
$8.81K |
|
Braemar Plc
LSE:BMS
|
$8.77K |
|
Yangtze River Port and Logistics Ltd
PINK:YRIV
|
$8.77K |
|
Ptt PCL
STU:PTOG
|
$8.76K |
|
Music Licensing Inc.
PINK:SONG
|
$8.75K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in PSI GROUP's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 507,207,000 to 474,852,000, a change of -32,355,000 (-6.4%).
- Net loss of 34,200,000 reduced equity.
- Dividend payments of 39,935,000 reduced retained earnings.
- New share issuances of 4,410,000 increased equity.
- Other factors increased equity by 37,370,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-34.20 Million | -7.2% |
| Dividends Paid | €39.94 Million | -8.41% |
| Share Issuances | €4.41 Million | +0.93% |
| Other Changes | €37.37 Million | +7.87% |
| Total Change | €- | -6.38% |
Book Value vs Market Value Analysis
This analysis compares PSI 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: 0.08x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | €6.35 | €0.86 | x |
| 2018-12-31 | €5.99 | €0.86 | x |
| 2019-12-31 | €5.97 | €0.86 | x |
| 2020-12-31 | €8.26 | €0.86 | x |
| 2021-12-31 | €11.38 | €0.86 | x |
| 2022-12-31 | €11.45 | €0.86 | x |
| 2023-12-31 | €10.66 | €0.86 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently PSI 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): -7.20%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -2.55%
- • Asset Turnover: 1.32x
- • Equity Multiplier: 2.14x
- Recent ROE (-7.20%) is below the historical average (13.42%), 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 | 23.12% | 6.63% | 1.70x | 2.05x | €42.10 Million |
| 2017 | 3.57% | 1.05% | 1.37x | 2.48x | €-18.07 Million |
| 2018 | 5.07% | 1.26% | 1.63x | 2.47x | €-13.07 Million |
| 2019 | 12.08% | 2.87% | 1.61x | 2.62x | €5.48 Million |
| 2020 | 26.68% | 10.37% | 1.20x | 2.15x | €61.05 Million |
| 2021 | 38.29% | 19.44% | 1.16x | 1.70x | €140.96 Million |
| 2022 | 5.74% | 2.12% | 1.39x | 1.94x | €-21.62 Million |
| 2023 | -7.20% | -2.55% | 1.32x | 2.14x | €-81.69 Million |
Industry Comparison
This section compares PSI 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 |
|---|---|---|---|---|
| PSI GROUP (PGT) | €467.74 Million | 23.12% | 1.07x | $8.77K |
| 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 |