EMPLOYERS HLDNGS
EMPLOYERS HLDNGS operates in Diversified Metals & Mining.
EMPLOYERS HLDNGS (YGB) - Net Assets
Latest net assets as of September 2024: €1.09 Billion EUR
Based on the latest financial reports, EMPLOYERS HLDNGS (YGB) has net assets worth €1.09 Billion EUR as of September 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€3.62 Billion) and total liabilities (€2.52 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 | €1.09 Billion |
| % of Total Assets | 30.23% |
| Annual Growth Rate | 2.71% |
| 5-Year Change | -13.03% |
| 10-Year Change | N/A |
| Growth Volatility | 11.39 |
EMPLOYERS HLDNGS - Net Assets Trend (2016–2023)
This chart illustrates how EMPLOYERS HLDNGS's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for EMPLOYERS HLDNGS (2016–2023)
The table below shows the annual net assets of EMPLOYERS HLDNGS from 2016 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | €1.01 Billion | +7.38% |
| 2022-12-31 | €944.20 Million | -22.17% |
| 2021-12-31 | €1.21 Billion | +0.02% |
| 2020-12-31 | €1.21 Billion | +4.03% |
| 2019-12-31 | €1.17 Billion | +14.50% |
| 2018-12-31 | €1.02 Billion | +7.44% |
| 2017-12-31 | €947.70 Million | +12.74% |
| 2016-12-31 | €840.60 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to EMPLOYERS HLDNGS'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 grown by 78.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €1.38 Billion | 136.53% |
| Total Equity | €1.01 Billion | 100.00% |
EMPLOYERS HLDNGS Competitors by Market Cap
The table below lists competitors of EMPLOYERS HLDNGS ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
ANGLO AMERICAN
MU:NGLB
|
$257.63K |
|
CompuLab Ltd
TA:CLAB
|
$257.82K |
|
UPSD
BATS:UPSD
|
$257.86K |
|
Boussard & Gavaudan Holding Limited
LSE:BGHL
|
$257.95K |
|
SOJITZ
BE:XEB
|
$257.24K |
|
NESTE OIL - Dusseldorf Stock Exchang
DU:NEF
|
$257.20K |
|
West Shore Bank Corp
PINK:WSSH
|
$256.94K |
|
TH1NG AB
ST:TH1NG
|
$256.88K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in EMPLOYERS HLDNGS's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 944,200,000 to 1,013,900,000, a change of 69,700,000 (7.4%).
- Net income of 118,100,000 contributed positively to equity growth.
- Dividend payments of 29,700,000 reduced retained earnings.
- Share repurchases of 76,100,000 reduced equity.
- Other factors increased equity by 57,400,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €118.10 Million | +11.65% |
| Dividends Paid | €29.70 Million | -2.93% |
| Share Repurchases | €76.10 Million | -7.51% |
| Other Changes | €57.40 Million | +5.66% |
| Total Change | €- | 7.38% |
Book Value vs Market Value Analysis
This analysis compares EMPLOYERS HLDNGS'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: 0.69x
- 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 0.95x to 0.69x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | €29.07 | €27.60 | x |
| 2018-12-31 | €31.08 | €27.60 | x |
| 2019-12-31 | €37.18 | €27.60 | x |
| 2020-12-31 | €42.46 | €27.60 | x |
| 2021-12-31 | €43.73 | €27.60 | x |
| 2022-12-31 | €34.76 | €27.60 | x |
| 2023-12-31 | €39.96 | €27.60 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently EMPLOYERS HLDNGS 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): 11.65%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 13.88%
- • Asset Turnover: 0.24x
- • Equity Multiplier: 3.50x
- Recent ROE (11.65%) is above the historical average (10.90%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 12.69% | 13.68% | 0.21x | 4.49x | €22.64 Million |
| 2017 | 10.68% | 12.66% | 0.21x | 4.05x | €6.43 Million |
| 2018 | 13.88% | 17.65% | 0.20x | 3.85x | €39.48 Million |
| 2019 | 13.48% | 18.79% | 0.21x | 3.43x | €40.52 Million |
| 2020 | 9.88% | 16.84% | 0.18x | 3.23x | €-1.48 Million |
| 2021 | 9.83% | 16.97% | 0.19x | 3.12x | €-2.01 Million |
| 2022 | 5.13% | 6.78% | 0.19x | 3.94x | €-46.02 Million |
| 2023 | 11.65% | 13.88% | 0.24x | 3.50x | €16.71 Million |
Industry Comparison
This section compares EMPLOYERS HLDNGS'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 |
|---|---|---|---|---|
| EMPLOYERS HLDNGS (YGB) | €1.09 Billion | 12.69% | 2.31x | $257.55K |
| 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 |