TELECOM PLUS
TELECOM PLUS operates in Diversified Metals & Mining.
TELECOM PLUS (T8T) - Net Assets
Latest net assets as of March 2023: €230.71 Million EUR
Based on the latest financial reports, TELECOM PLUS (T8T) has net assets worth €230.71 Million EUR as of March 2023.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€794.74 Million) and total liabilities (€564.03 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 | €230.71 Million |
| % of Total Assets | 29.03% |
| Annual Growth Rate | -1.45% |
| 5-Year Change | 4.81% |
| 10-Year Change | N/A |
| Growth Volatility | 6.69 |
TELECOM PLUS - Net Assets Trend (2017–2024)
This chart illustrates how TELECOM PLUS's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for TELECOM PLUS (2017–2024)
The table below shows the annual net assets of TELECOM PLUS from 2017 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-03-31 | €232.63 Million | +0.83% |
| 2023-03-31 | €230.71 Million | +12.23% |
| 2022-03-31 | €205.57 Million | -3.20% |
| 2021-03-31 | €212.38 Million | -4.31% |
| 2020-03-31 | €221.95 Million | -1.39% |
| 2019-03-31 | €225.09 Million | -0.85% |
| 2018-03-31 | €227.01 Million | -11.91% |
| 2017-03-31 | €257.71 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to TELECOM PLUS'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 19.8% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €93.80 Million | 40.32% |
| Other Components | €138.83 Million | 59.68% |
| Total Equity | €232.63 Million | 100.00% |
TELECOM PLUS Competitors by Market Cap
The table below lists competitors of TELECOM PLUS ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
SparDanmark Invest Offensiv
CO:SDIOFF
|
$157.32K |
|
Picpay Holdings Netherlands N.V. Class A Common Shares
NASDAQ:PICS
|
$157.37K |
|
NATL OILWELL VARCO - Dusseldorf Stock Exchang
DU:NO8
|
$157.43K |
|
Clarkson
LSE:CKN
|
$157.45K |
|
KEYCORP - Dusseldorf Stock Exchang
DU:KEY
|
$157.07K |
|
EZCORP -A- NVTG
BE:EZ2A
|
$157.03K |
|
The Carlyle Group Inc. 4.625% Subordinated Notes due 2061
NASDAQ:CGABL
|
$156.97K |
|
ANA HD
MU:ANCA
|
$156.96K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in TELECOM PLUS's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 230,708,000 to 232,631,000, a change of 1,923,000 (0.8%).
- Net income of 71,037,000 contributed positively to equity growth.
- Dividend payments of 64,982,000 reduced retained earnings.
- Share repurchases of 10,186,000 reduced equity.
- New share issuances of 905,000 increased equity.
- Other factors increased equity by 5,149,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €71.04 Million | +30.54% |
| Dividends Paid | €64.98 Million | -27.93% |
| Share Repurchases | €10.19 Million | -4.38% |
| Share Issuances | €905.00K | +0.39% |
| Other Changes | €5.15 Million | +2.21% |
| Total Change | €- | 0.83% |
Book Value vs Market Value Analysis
This analysis compares TELECOM PLUS'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: 5.24x
- 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 4.84x to 5.24x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-03-31 | €3.20 | €15.50 | x |
| 2018-03-31 | €2.90 | €15.50 | x |
| 2019-03-31 | €2.88 | €15.50 | x |
| 2020-03-31 | €2.82 | €15.50 | x |
| 2021-03-31 | €2.70 | €15.50 | x |
| 2022-03-31 | €2.61 | €15.50 | x |
| 2023-03-31 | €2.90 | €15.50 | x |
| 2024-03-31 | €2.96 | €15.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently TELECOM PLUS 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): 30.54%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.48%
- • Asset Turnover: 3.13x
- • Equity Multiplier: 2.80x
- Recent ROE (30.54%) is above the historical average (21.72%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 36.85% | 12.83% | 1.85x | 1.55x | €69.19 Million |
| 2018 | 13.43% | 3.85% | 1.81x | 1.93x | €7.79 Million |
| 2019 | 14.69% | 4.12% | 1.85x | 1.92x | €10.57 Million |
| 2020 | 16.15% | 4.10% | 1.81x | 2.17x | €13.67 Million |
| 2021 | 15.31% | 3.78% | 1.86x | 2.17x | €11.29 Million |
| 2022 | 17.18% | 3.67% | 2.08x | 2.26x | €14.82 Million |
| 2023 | 29.66% | 2.76% | 3.11x | 3.44x | €45.36 Million |
| 2024 | 30.54% | 3.48% | 3.13x | 2.80x | €47.77 Million |
Industry Comparison
This section compares TELECOM PLUS's net assets metrics with peer companies in the Other industry.
Industry Context
- Industry: Other
- Average net assets among peers: $107,279,526,363
- Average return on equity (ROE) among peers: 7.07%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| TELECOM PLUS (T8T) | €230.71 Million | 36.85% | 2.44x | $157.27K |
| HORIBA (01H) | $204.49 Billion | 10.42% | 0.82x | $973.51K |
| Tokyu Corporation (01T) | $747.05 Billion | 9.38% | 2.03x | $93.98K |
| GUANGZHOU AUTO -H- (02G) | $77.92 Billion | 13.99% | 0.70x | $4.23K |
| MOSAIC (02M) | $9.37 Billion | -11.39% | 1.06x | $267.55K |
| MOSAIC (02M.SG) (02M) | $10.72 Billion | 9.59% | 0.71x | $264.31K |
| CHINA JO-JO DRGSTRS (04CN.SG) (04CN) | $22.74 Million | -14.04% | 3.68x | $1.51 Million |
| KRAKATAU STEEL -B- (07K) | $587.19 Million | 7.57% | 5.43x | $166.88 |
| CN MODERN DAIRY (07M.SG) (07M) | $8.04 Billion | 9.58% | 0.94x | $1.66K |
| TOURMALINE OIL (08T) | $13.69 Billion | 32.78% | 0.38x | $376.57K |
| ASIA CASSAVA RESOUR (0ACS) | $913.15 Million | 2.86% | 1.55x | $343.89 |