Indel B S.p.A
Indel B S.p.A. manufactures and supplies cooling and refrigeration system worldwide. It offers mobile refrigeration units; vehicle air conditioning systems for minibuses and industrial vehicles, and special vehicles, comprising ambulances, mobile clinics, civil defence vehicles, medicines transporting vehicles, and trams and trains; and refrigeration systems for the transport of temperature-contr… Read more
Indel B S.p.A (2I6) - Net Assets
Latest net assets as of June 2025: €140.06 Million EUR
Based on the latest financial reports, Indel B S.p.A (2I6) has net assets worth €140.06 Million EUR as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€260.98 Million) and total liabilities (€120.92 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 | €140.06 Million |
| % of Total Assets | 53.67% |
| Annual Growth Rate | 16.88% |
| 5-Year Change | 34.23% |
| 10-Year Change | N/A |
| Growth Volatility | 34.3 |
Indel B S.p.A - Net Assets Trend (2016–2024)
This chart illustrates how Indel B S.p.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 Indel B S.p.A (2016–2024)
The table below shows the annual net assets of Indel B S.p.A from 2016 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €124.48 Million | -2.06% |
| 2023-12-31 | €127.10 Million | +4.84% |
| 2022-12-31 | €121.24 Million | +6.65% |
| 2021-12-31 | €113.68 Million | +22.58% |
| 2020-12-31 | €92.74 Million | +2.20% |
| 2019-12-31 | €90.74 Million | +12.21% |
| 2018-12-31 | €80.87 Million | +8.06% |
| 2017-12-31 | €74.83 Million | +109.40% |
| 2016-12-31 | €35.74 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Indel B S.p.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 decreased by 0.4% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €10.66 Million | 8.61% |
| Other Components | €113.07 Million | 91.39% |
| Total Equity | €123.73 Million | 100.00% |
Indel B S.p.A Competitors by Market Cap
The table below lists competitors of Indel B S.p.A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Conduril - Engenharia S.A
LS:CDU
|
$24.57 Million |
|
Estika Tata Tiara Tbk PT
JK:BEEF
|
$24.58 Million |
|
Quorum Information Technologies Inc
PINK:QIFTF
|
$24.59 Million |
|
DAWSON GEOPHYS. DL-30
F:RVS1
|
$24.59 Million |
|
Builddirect.com Tehcnologies Inc
V:BILD
|
$24.56 Million |
|
Pre-Built Public Company Limited
BK:PREB
|
$24.56 Million |
|
Pearl Holdings Acquisition Corp
NASDAQ:PRLH
|
$24.54 Million |
|
Tay Ninh Rubber JSC
VN:TRC
|
$24.53 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Indel B S.p.A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 126,631,000 to 123,727,000, a change of -2,904,000 (-2.3%).
- Net income of 10,659,000 contributed positively to equity growth.
- Dividend payments of 4,626,000 reduced retained earnings.
- Share repurchases of 8,634,000 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €10.66 Million | +8.61% |
| Dividends Paid | €4.63 Million | -3.74% |
| Share Repurchases | €8.63 Million | -6.98% |
| Other Changes | €-303.00K | -0.24% |
| Total Change | €- | -2.29% |
Book Value vs Market Value Analysis
This analysis compares Indel B S.p.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: 0.80x
- 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 1.47x to 0.80x 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 | €12.81 | €18.80 | x |
| 2018-12-31 | €13.84 | €18.80 | x |
| 2019-12-31 | €15.75 | €18.80 | x |
| 2020-12-31 | €16.21 | €18.80 | x |
| 2021-12-31 | €19.98 | €18.80 | x |
| 2022-12-31 | €21.42 | €18.80 | x |
| 2023-12-31 | €22.53 | €18.80 | x |
| 2024-12-31 | €23.47 | €18.80 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Indel B S.p.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): 8.61%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.26%
- • Asset Turnover: 0.99x
- • Equity Multiplier: 1.65x
- Recent ROE (8.61%) is below the historical average (14.69%), 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 | 27.06% | 10.98% | 1.19x | 2.07x | €6.10 Million |
| 2017 | 18.66% | 11.96% | 0.84x | 1.85x | €6.48 Million |
| 2018 | 14.26% | 7.86% | 1.01x | 1.80x | €3.44 Million |
| 2019 | 17.36% | 10.33% | 0.94x | 1.79x | €6.67 Million |
| 2020 | 6.68% | 4.88% | 0.71x | 1.94x | €-3.08 Million |
| 2021 | 21.36% | 13.05% | 0.88x | 1.86x | €12.90 Million |
| 2022 | 9.96% | 5.35% | 1.00x | 1.86x | €-43.00K |
| 2023 | 8.24% | 4.64% | 1.01x | 1.75x | €-2.23 Million |
| 2024 | 8.61% | 5.26% | 0.99x | 1.65x | €-1.71 Million |
Industry Comparison
This section compares Indel B S.p.A's net assets metrics with peer companies in the Auto Parts industry.
Industry Context
- Industry: Auto Parts
- Average net assets among peers: $53,789,294,556
- Average return on equity (ROE) among peers: 0.63%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Indel B S.p.A (2I6) | €140.06 Million | 27.06% | 0.86x | $24.57 Million |
| Sumitomo Rubber Industries Ltd (108) | $472.81 Billion | 7.86% | 1.12x | $2.11 Billion |
| Pirelli & C SPA (2PI) | $4.55 Billion | 0.65% | 2.02x | $2.13 Billion |
| 9FS1 (9FS1) | $-26.41 Million | 0.00% | 0.00x | $10.52 Million |
| Acma Ltd (AAX1) | $28.89 Million | -12.23% | 1.60x | $1.11 Million |
| AUMOVIO N (AMV0) | $4.35 Billion | -23.28% | 4.67x | $374.77K |
| Bertrandt Aktiengesellschaft (BDT) | $431.85 Million | 4.89% | 1.21x | $64.43 Million |
| CIR S.p.A. - Compagnie Industriali Riunite (BN7) | $1.03 Billion | 3.17% | 2.12x | $318.19 Million |
| Cooper-Standard Holdings Inc (C31) | $875.98 Million | 7.71% | 2.01x | $426.10 Million |
| Delticom AG (DEX) | $47.63 Million | 16.85% | 3.02x | $17.82 Million |