MERAVEST CAP.
More Impact AG focuses on creation and capital markets to renewable energy, nutrition, healthcare, and electrification industries. The company was formerly known as Aee Gold AG and changed its name to More Impact AG in April 2024. More Impact AG is based in Frankfurt am Main, Germany.
MERAVEST CAP. (AEE1) - Net Assets
Latest net assets as of December 2024: €70.00 Million EUR
Based on the latest financial reports, MERAVEST CAP. (AEE1) has net assets worth €70.00 Million EUR as of December 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€70.12 Million) and total liabilities (€116.67K). 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 | €70.00 Million |
| % of Total Assets | 99.83% |
| Annual Growth Rate | 78.14% |
| 5-Year Change | 13846.94% |
| 10-Year Change | N/A |
| Growth Volatility | 19374.29 |
MERAVEST CAP. - Net Assets Trend (2016–2024)
This chart illustrates how MERAVEST CAP.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for MERAVEST CAP. (2016–2024)
The table below shows the annual net assets of MERAVEST CAP. from 2016 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €70.00 Million | +58639.80% |
| 2023-12-31 | €119.18K | -87.15% |
| 2022-12-31 | €927.70K | -73.68% |
| 2021-12-31 | €3.52 Million | +602.23% |
| 2020-12-31 | €501.94K | -28.63% |
| 2019-12-31 | €703.25K | +45.76% |
| 2018-12-31 | €482.46K | -22.66% |
| 2017-12-31 | €623.81K | -9.65% |
| 2016-12-31 | €690.40K | -- |
Equity Component Analysis
This analysis shows how different components contribute to MERAVEST CAP.'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 403665214.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €74.27 Million | 106.09% |
| Total Equity | €70.00 Million | 100.00% |
MERAVEST CAP. Competitors by Market Cap
The table below lists competitors of MERAVEST CAP. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
CHINA AVIATION OIL
BE:VZ8
|
$10.69K |
|
FLUIDIGM
BE:FLB
|
$10.69K |
|
ARISINFRA
NSE:ARISINFRA
|
$10.70K |
|
El Kahera El Watania Investment
EGX:KWIN
|
$10.71K |
|
Probility Media Corp
PINK:PBYA
|
$10.68K |
|
XINHUA WINSHARE -H-
STU:SXV
|
$10.66K |
|
Elixxer Ltd
PINK:ELIXF
|
$10.66K |
|
Sinai Cement
EGX:SCEM
|
$10.66K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in MERAVEST CAP.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 119,178 to 70,004,944, a change of 69,885,766 (58639.8%).
- Net loss of 114,234 reduced equity.
- Other factors increased equity by 70,000,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-114.23K | -0.16% |
| Other Changes | €70.00 Million | +99.99% |
| Total Change | €- | 58639.80% |
Book Value vs Market Value Analysis
This analysis compares MERAVEST CAP.'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: 0.61x
- 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 2.00x to 0.61x 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 | €0.55 | €1.10 | x |
| 2018-12-31 | €0.43 | €1.10 | x |
| 2019-12-31 | €0.62 | €1.10 | x |
| 2020-12-31 | €0.44 | €1.10 | x |
| 2021-12-31 | €5.26 | €1.10 | x |
| 2022-12-31 | €0.23 | €1.10 | x |
| 2023-12-31 | €0.03 | €1.10 | x |
| 2024-12-31 | €1.79 | €1.10 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently MERAVEST CAP. 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): -0.16%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.00x
- Recent ROE (-0.16%) is above the historical average (-112.38%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 5.10% | 23.45% | 0.21x | 1.03x | €-33.86K |
| 2017 | -10.68% | 0.00% | 0.00x | 1.92x | €-128.98K |
| 2018 | -29.30% | -111.84% | 0.21x | 1.23x | €-189.59K |
| 2019 | 31.40% | 69.64% | 0.44x | 1.03x | €150.46K |
| 2020 | -40.11% | 0.00% | 0.00x | 1.07x | €-251.51K |
| 2021 | -9.32% | 0.00% | 0.00x | 1.29x | €-680.86K |
| 2022 | -279.95% | 0.00% | 0.00x | 2.11x | €-2.69 Million |
| 2023 | -678.41% | 0.00% | 0.00x | 2.05x | €-820.44K |
| 2024 | -0.16% | 0.00% | 0.00x | 1.00x | €-7.11 Million |
Industry Comparison
This section compares MERAVEST CAP.'s net assets metrics with peer companies in the Tobacco industry.
Industry Context
- Industry: Tobacco
- Average net assets among peers: $3,753,357
- Average return on equity (ROE) among peers: 58.66%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| MERAVEST CAP. (AEE1) | €70.00 Million | 5.10% | 0.00x | $10.69K |
| MTL Cannabis Corp. (J4E) | $3.75 Million | 58.66% | 5.33x | $3.13K |