Solvac S.A.

BR:SOLV Belgium Chemicals
Market Cap
$1.47 Billion
€1.43 Billion EUR
Market Cap Rank
#12265 Global
#23 in Belgium
Share Price
€66.80
Change (1 day)
+2.45%
52-Week Range
€65.20 - €98.00
All Time High
€123.99
About

Solvac S.A. operates as a specialty chemicals company in Belgium. It offers specialty polymers, composite materials, soda ash, hydrogen peroxide, and silica. Solvac S.A. was incorporated in 1983 and is headquartered in Brussels, Belgium.

Solvac S.A. (SOLV) - Net Assets

Latest net assets as of June 2025: €2.52 Billion EUR

Based on the latest financial reports, Solvac S.A. (SOLV) has net assets worth €2.52 Billion EUR as of June 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€2.77 Billion) and total liabilities (€250.45 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 €2.52 Billion
% of Total Assets 90.95%
Annual Growth Rate 4.44%
5-Year Change 2.71%
10-Year Change -19.63%
Growth Volatility 16.02

Solvac S.A. - Net Assets Trend (2005–2024)

This chart illustrates how Solvac S.A.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Solvac S.A. (2005–2024)

The table below shows the annual net assets of Solvac S.A. from 2005 to 2024.

Year Net Assets Change
2024-12-31 €2.52 Billion -0.77%
2023-12-31 €2.54 Billion -14.56%
2022-12-31 €2.97 Billion +1.44%
2021-12-31 €2.93 Billion +19.43%
2020-12-31 €2.45 Billion -22.83%
2019-12-31 €3.17 Billion -9.10%
2018-12-31 €3.49 Billion +8.71%
2017-12-31 €3.21 Billion -0.68%
2016-12-31 €3.23 Billion +3.32%
2015-12-31 €3.13 Billion +39.71%
2014-12-31 €2.24 Billion -6.23%
2013-12-31 €2.39 Billion +13.65%
2012-12-31 €2.10 Billion -1.87%
2011-12-31 €2.14 Billion -3.77%
2010-12-31 €2.23 Billion +32.72%
2009-12-31 €1.68 Billion +6.00%
2008-12-31 €1.58 Billion +3.19%
2007-12-31 €1.53 Billion +2.82%
2006-12-31 €1.49 Billion +35.27%
2005-12-31 €1.10 Billion --

Equity Component Analysis

This analysis shows how different components contribute to Solvac S.A.'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 175082600000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings €1.75 Billion 69.58%
Common Stock €192.79 Million 7.66%
Other Comprehensive Income €378.69 Million 15.05%
Other Components €194.13 Million 7.71%
Total Equity €2.52 Billion 100.00%

Solvac S.A. Competitors by Market Cap

The table below lists competitors of Solvac S.A. ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Solvac S.A.'s equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 2,535,925,000 to 2,516,434,000, a change of -19,491,000 (-0.8%).
  • Net income of 104,698,000 contributed positively to equity growth.
  • Dividend payments of 124,189,000 reduced retained earnings.
  • Other comprehensive income increased equity by 378,692,000.
  • Other factors decreased equity by 378,692,000.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income €104.70 Million +4.16%
Dividends Paid €124.19 Million -4.94%
Other Comprehensive Income €378.69 Million +15.05%
Other Changes €-378.69 Million -15.05%
Total Change €- -0.77%

Book Value vs Market Value Analysis

This analysis compares Solvac S.A.'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: 0.57x
  • 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 0.89x to 0.57x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2005-12-31 €74.96 €66.80 x
2006-12-31 €90.02 €66.80 x
2007-12-31 €92.55 €66.80 x
2008-12-31 €95.51 €66.80 x
2009-12-31 €101.24 €66.80 x
2010-12-31 €134.37 €66.80 x
2011-12-31 €129.46 €66.80 x
2012-12-31 €127.16 €66.80 x
2013-12-31 €144.45 €66.80 x
2014-12-31 €135.50 €66.80 x
2015-12-31 €189.32 €66.80 x
2016-12-31 €151.34 €66.80 x
2017-12-31 €150.32 €66.80 x
2018-12-31 €163.41 €66.80 x
2019-12-31 €148.54 €66.80 x
2020-12-31 €114.62 €66.80 x
2021-12-31 €136.89 €66.80 x
2022-12-31 €138.85 €66.80 x
2023-12-31 €118.69 €66.80 x
2024-12-31 €117.77 €66.80 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Solvac S.A. 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): 4.16%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 2093960.00%
  • • Asset Turnover: 0.00x
  • • Equity Multiplier: 1.09x
  • Recent ROE (4.16%) is below the historical average (8.49%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2005 26.11% 0.00% 0.00x 1.08x €177.70 Million
2006 19.97% 0.00% 0.00x 1.12x €148.80 Million
2007 15.32% 0.00% 0.00x 1.11x €81.60 Million
2008 7.52% 95.20% 0.07x 1.11x €-39.30 Million
2009 9.18% 96.25% 0.09x 1.10x €-13.80 Million
2010 24.83% 0.00% 0.00x 1.07x €330.30 Million
2011 3.36% 0.00% 0.00x 1.08x €-142.30 Million
2012 8.27% 96.67% 0.08x 1.08x €-36.30 Million
2013 3.26% 93.98% 0.03x 1.07x €-160.90 Million
2014 0.85% 76.00% 0.01x 1.07x €-205.10 Million
2015 -0.03% -0.79% 0.04x 1.06x €-314.10 Million
2016 5.87% 96.94% 0.06x 1.06x €-133.50 Million
2017 10.21% 98.20% 0.10x 1.06x €6.70 Million
2018 7.76% 98.19% 0.07x 1.06x €-78.30 Million
2019 1.01% 86.49% 0.01x 1.07x €-285.50 Million
2020 -12.90% 0.00% -0.11x 1.09x €-561.00 Million
2021 10.01% 98.32% 0.09x 1.07x €400.00K
2022 20.01% 99.17% 0.16x 1.26x €297.20 Million
2023 5.02% 2546860.00% 0.00x 1.09x €-126.25 Million
2024 4.16% 2093960.00% 0.00x 1.09x €-146.95 Million

Industry Comparison

This section compares Solvac S.A.'s net assets metrics with peer companies in the Chemicals industry.

No peer company data available for comparison.