Rai Way S.p.A
Rai Way S.p.A. provides network infrastructure and services for broadcasters, telecommunications operators, private companies, and public administrations in Italy and internationally. It offers television and radio broadcasting services, such as digital terrestrial, satellite, and radio services, as well as hybrid services; and transmission services, including event contribution and content distr… Read more
Rai Way S.p.A (4RW) - Net Assets
Latest net assets as of September 2025: €173.86 Million EUR
Based on the latest financial reports, Rai Way S.p.A (4RW) has net assets worth €173.86 Million EUR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€453.82 Million) and total liabilities (€279.95 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 | €173.86 Million |
| % of Total Assets | 38.31% |
| Annual Growth Rate | 2.21% |
| 5-Year Change | 16.77% |
| 10-Year Change | N/A |
| Growth Volatility | 5.63 |
Rai Way S.p.A - Net Assets Trend (2016–2024)
This chart illustrates how Rai Way 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 Rai Way S.p.A (2016–2024)
The table below shows the annual net assets of Rai Way S.p.A from 2016 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €192.45 Million | +1.99% |
| 2023-12-31 | €188.69 Million | +7.11% |
| 2022-12-31 | €176.16 Million | +6.18% |
| 2021-12-31 | €165.92 Million | +0.67% |
| 2020-12-31 | €164.81 Million | -10.52% |
| 2019-12-31 | €184.20 Million | +1.87% |
| 2018-12-31 | €180.82 Million | +2.51% |
| 2017-12-31 | €176.39 Million | +9.20% |
| 2016-12-31 | €161.53 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Rai Way 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 grown by 37.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €90.26 Million | 46.90% |
| Other Components | €102.19 Million | 53.10% |
| Total Equity | €192.45 Million | 100.00% |
Rai Way S.p.A Competitors by Market Cap
The table below lists competitors of Rai Way S.p.A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Sk Kaken Co.Ltd
PINK:SKKAF
|
$565.65 Million |
|
Shanghai Bright Power Semiconductor
SHG:688368
|
$565.71 Million |
|
Uroica Mining Safety Eng
SHE:300099
|
$565.73 Million |
|
Shandong Xingmin Wheel Co Ltd
SHE:002355
|
$565.78 Million |
|
Freewon China Co. Ltd. A
SHG:688678
|
$565.49 Million |
|
Minera Frisco S.A.B. de C.V
PINK:MFRVF
|
$565.46 Million |
|
WEB Travel Group Ltd
AU:WEB
|
$565.42 Million |
|
Tianjin Printronics Circuit Corp
SHE:002134
|
$565.39 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Rai Way S.p.A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 188,693,307 to 192,451,767, a change of 3,758,460 (2.0%).
- Net income of 89,914,826 contributed positively to equity growth.
- Dividend payments of 86,512,124 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €89.91 Million | +46.72% |
| Dividends Paid | €86.51 Million | -44.95% |
| Other Changes | €355.76K | +0.18% |
| Total Change | €- | 1.99% |
Book Value vs Market Value Analysis
This analysis compares Rai Way 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: 8.19x
- 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 decreased from 9.05x to 8.19x 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 | €0.65 | €5.87 | x |
| 2018-12-31 | €0.66 | €5.87 | x |
| 2019-12-31 | €0.68 | €5.87 | x |
| 2020-12-31 | €0.61 | €5.87 | x |
| 2021-12-31 | €0.62 | €5.87 | x |
| 2022-12-31 | €0.66 | €5.87 | x |
| 2023-12-31 | €0.70 | €5.87 | x |
| 2024-12-31 | €0.72 | €5.87 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Rai Way 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): 46.72%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 32.57%
- • Asset Turnover: 0.60x
- • Equity Multiplier: 2.40x
- Recent ROE (46.72%) is above the historical average (37.55%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 25.89% | 19.43% | 0.59x | 2.27x | €25.66 Million |
| 2017 | 31.90% | 26.02% | 0.64x | 1.91x | €38.62 Million |
| 2018 | 33.04% | 27.44% | 0.74x | 1.63x | €41.66 Million |
| 2019 | 34.40% | 28.62% | 0.64x | 1.86x | €44.94 Million |
| 2020 | 38.84% | 28.52% | 0.69x | 1.98x | €47.53 Million |
| 2021 | 39.41% | 28.44% | 0.59x | 2.34x | €48.79 Million |
| 2022 | 41.83% | 30.02% | 0.55x | 2.51x | €56.07 Million |
| 2023 | 45.96% | 31.89% | 0.58x | 2.49x | €67.85 Million |
| 2024 | 46.72% | 32.57% | 0.60x | 2.40x | €70.67 Million |
Industry Comparison
This section compares Rai Way S.p.A's net assets metrics with peer companies in the Engineering & Construction industry.
Industry Context
- Industry: Engineering & Construction
- Average net assets among peers: $77,273,036,863
- Average return on equity (ROE) among peers: -1.18%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Rai Way S.p.A (4RW) | €173.86 Million | 25.89% | 1.61x | $565.61 Million |
| ARTHA RESOURCES (16T) | $43.60 Million | 10.03% | 2.01x | $62.19 Million |
| Wee Hur Holdings Ltd (3YM) | $610.37 Million | 0.11% | 1.24x | $159.84 Million |
| China Aluminum International Engineering Corporation Limited (4AI) | $15.64 Billion | -12.64% | 2.49x | $133.20 Million |
| PT Wijaya Karya (Persero) Tbk (5AA) | $37.29 Billion | 15.09% | 14.30x | $25.67 Million |
| Metallurgical Corporation of China Ltd (6MT) | $97.32 Billion | 6.23% | 3.26x | $1.81 Billion |
| Greening Group Global S.A. (70I) | $19.46 Million | -65.62% | 7.53x | $35.04K |
| Train Alliance Sweden AB (publ) (7EF) | $1.32 Billion | 1.47% | 0.19x | $36.20 Million |
| Monadelphous Group Ltd (8MP) | $368.10 Million | 28.75% | 1.16x | $1.60 Billion |
| INFRONEER Holdings Inc. (96L) | $542.85 Billion | 5.97% | 1.67x | $2.38 Billion |