Sicily By Car S.P.A. (5LC) - Net Assets
Based on the latest financial reports, Sicily By Car S.P.A. (5LC) has net assets worth €127.43 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 (€347.87 Million) and total liabilities (€220.44 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 | €127.43 Million |
| % of Total Assets | 36.63% |
| Annual Growth Rate | 46.59% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 43.74 |
Sicily By Car S.P.A. - Net Assets Trend (2021–2024)
This chart illustrates how Sicily By Car 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 Sicily By Car S.P.A. (2021–2024)
The table below shows the annual net assets of Sicily By Car S.P.A. from 2021 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €142.65 Million | -5.07% |
| 2023-12-31 | €150.27 Million | +99.87% |
| 2022-12-31 | €75.18 Million | +66.07% |
| 2021-12-31 | €45.27 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Sicily By Car 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 458132400.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €4.58 Million | 3.22% |
| Other Components | €137.88 Million | 96.78% |
| Total Equity | €142.46 Million | 100.00% |
Sicily By Car S.P.A. Competitors by Market Cap
The table below lists competitors of Sicily By Car S.P.A. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Tae Kyung Ind
KO:015890
|
$99.24 Million |
|
Bravo Mining Corp.
OTCQX:BRVMF
|
$99.26 Million |
|
Hyosung Chemical Corp
KO:298000
|
$99.33 Million |
|
DIC Asset AG
PINK:DDCCF
|
$99.35 Million |
|
Sedana Medical AB
ST:SEDANA
|
$99.21 Million |
|
Kits Eyecare Ltd
PINK:KTYCF
|
$99.19 Million |
|
Igis Residence Reit Co Ltd
KO:350520
|
$99.19 Million |
|
Edison Opto Corp
TW:3591
|
$99.16 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sicily By Car S.P.A.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 150,147,630 to 142,464,883, a change of -7,682,747 (-5.1%).
- Net income of 2,983,975 contributed positively to equity growth.
- Dividend payments of 8,396,428 reduced retained earnings.
- Share repurchases of 1,632,038 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €2.98 Million | +2.09% |
| Dividends Paid | €8.40 Million | -5.89% |
| Share Repurchases | €1.63 Million | -1.15% |
| Other Changes | €-638.26K | -0.45% |
| Total Change | €- | -5.12% |
Book Value vs Market Value Analysis
This analysis compares Sicily By Car 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: 0.68x
- 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 2.31x to 0.68x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | €1.26 | €2.91 | x |
| 2022-12-31 | €2.09 | €2.91 | x |
| 2023-12-31 | €4.63 | €2.91 | x |
| 2024-12-31 | €4.27 | €2.91 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sicily By Car 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): 2.09%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.21%
- • Asset Turnover: 0.50x
- • Equity Multiplier: 1.88x
- Recent ROE (2.09%) is below the historical average (23.58%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 27.60% | 16.61% | 1.09x | 1.53x | €7.97 Million |
| 2022 | 53.00% | 26.14% | 0.89x | 2.28x | €32.31 Million |
| 2023 | 11.63% | 13.72% | 0.46x | 1.85x | €2.45 Million |
| 2024 | 2.09% | 2.21% | 0.50x | 1.88x | €-11.26 Million |
Industry Comparison
This section compares Sicily By Car S.P.A.'s net assets metrics with peer companies in the Rental & Leasing Services industry.
Industry Context
- Industry: Rental & Leasing Services
- Average net assets among peers: $136,535,519,542
- Average return on equity (ROE) among peers: 8.94%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sicily By Car S.P.A. (5LC) | €127.43 Million | 27.60% | 1.73x | $99.22 Million |
| Redde Northgate PLC (21W) | $516.62 Million | 11.79% | 0.85x | $1.03 Billion |
| China Development Bank Financial Leasing Co. Ltd (2C6) | $34.28 Billion | 9.77% | 9.35x | $524.55 Million |
| CSSC(HK)SHIPPING CO.LTD (3LL) | $11.64 Billion | 14.47% | 2.48x | $1.61 Billion |
| GENERAL DE ALQUI. EO 1 (4LX) | $107.20 Million | 4.10% | 4.14x | $136.94 Million |
| TOKYO CENTURY CORP. (59O) | $1.18 Trillion | 7.25% | 4.83x | $5.58 Billion |
| DONKEYREPUBLIC HLD.DK-10 (6UJ) | $80.67 Million | -13.65% | 1.21x | $42.14 Million |
| BLACK DIAMOND GRP LTD (8B8) | $327.05 Million | 7.84% | 1.29x | $699.01 Million |
| AMERCO (AUK) | $1.88 Billion | 18.93% | 2.65x | $962.79 Million |
| HERTZ GL. HOLD. INC. NEW (AZK0) | $3.09 Billion | 19.92% | 6.96x | $1.72 Billion |
About Sicily By Car S.P.A.
Sicily by Car S.p.A. engages in the car rental business in Italy. The company offers driverless, commercial vehicle, and medium-long term rental services. Sicily by Car S.p.A. was founded in 1963 and is based in Bolzano, Italy. Sicily by Car S.p.A. operates as a subsidiary of Dragotto Holding Spa.