ALBA SE
ALBA SE engages in the steel and metal recycling business. It also collects and processes old and new scrap. The company was formerly known as INTERSEROH SE and changed its name to ALBA SE in July 2012. The company was founded in 1991 and is based in Cologne, Germany. ALBA SE is a subsidiary of ALBA Europe Holding plc & Co. KG.
ALBA SE (ABA) - Net Assets
Latest net assets as of December 2023: €134.97 Million EUR
Based on the latest financial reports, ALBA SE (ABA) has net assets worth €134.97 Million EUR as of December 2023.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€199.68 Million) and total liabilities (€64.70 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 | €134.97 Million |
| % of Total Assets | 67.6% |
| Annual Growth Rate | -0.78% |
| 5-Year Change | 9.65% |
| 10-Year Change | 0.91% |
| Growth Volatility | 17.09 |
ALBA SE - Net Assets Trend (2013–2023)
This chart illustrates how ALBA SE's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for ALBA SE (2013–2023)
The table below shows the annual net assets of ALBA SE from 2013 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | €134.97 Million | -5.58% |
| 2022-12-31 | €142.95 Million | +6.44% |
| 2021-12-31 | €134.30 Million | -0.07% |
| 2020-12-31 | €134.39 Million | +9.18% |
| 2019-12-31 | €123.09 Million | -0.44% |
| 2018-12-31 | €123.64 Million | -0.03% |
| 2017-12-31 | €123.68 Million | -16.09% |
| 2016-12-31 | €147.40 Million | +43.54% |
| 2015-12-31 | €102.69 Million | -23.23% |
| 2014-12-31 | €133.75 Million | -8.41% |
| 2013-12-31 | €146.03 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to ALBA SE'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 104.9% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €138.69 Million | 102.75% |
| Total Equity | €134.97 Million | 100.00% |
ALBA SE Competitors by Market Cap
The table below lists competitors of ALBA SE ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
ARB IOT Group Limited Ordinary Shares
NASDAQ:ARBB
|
$5.10 Million |
|
DeepSpatial Inc.
PINK:DSAIF
|
$5.10 Million |
|
Ni Hsin Resources Bhd
KLSE:7215
|
$5.10 Million |
|
Mannatech Incorporated
NASDAQ:MTEX
|
$5.10 Million |
|
Modelon AB Cl B
ST:MODEL-B
|
$5.10 Million |
|
Atom Empreendimentos e Participações S.A
SA:ATOM3
|
$5.10 Million |
|
Fly Play hf.
IC:PLAY
|
$5.10 Million |
|
CSH Alliance Bhd
KLSE:7165
|
$5.10 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in ALBA SE's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 142,947,000 to 134,972,000, a change of -7,975,000 (-5.6%).
- Net loss of 1,732,000 reduced equity.
- Dividend payments of 5,904,000 reduced retained earnings.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-1.73 Million | -1.28% |
| Dividends Paid | €5.90 Million | -4.37% |
| Other Changes | €-339.00K | -0.25% |
| Total Change | €- | -5.58% |
Book Value vs Market Value Analysis
This analysis compares ALBA SE'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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | €12.57 | €7.75 | x |
| 2018-12-31 | €12.57 | €7.75 | x |
| 2019-12-31 | €12.51 | €7.75 | x |
| 2020-12-31 | €13.66 | €7.75 | x |
| 2021-12-31 | €13.65 | €7.75 | x |
| 2022-12-31 | €14.53 | €7.75 | x |
| 2023-12-31 | €13.72 | €7.75 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently ALBA SE 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): -1.28%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -0.56%
- • Asset Turnover: 1.56x
- • Equity Multiplier: 1.48x
- Recent ROE (-1.28%) is below the historical average (-0.49%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | -31.75% | -2.54% | 3.54x | 3.53x | €-57.29 Million |
| 2014 | -30.03% | -2.42% | 3.38x | 3.67x | €-50.83 Million |
| 2015 | 10.40% | 1.03% | 2.57x | 3.94x | €409.13K |
| 2016 | 19.18% | 4.74% | 1.63x | 2.48x | €13.53 Million |
| 2017 | 18.70% | 5.21% | 1.81x | 1.99x | €10.76 Million |
| 2018 | 2.87% | 0.86% | 2.21x | 1.51x | €-8.81 Million |
| 2019 | -4.65% | -1.73% | 1.61x | 1.67x | €-18.03 Million |
| 2020 | -2.20% | -1.14% | 1.32x | 1.47x | €-16.40 Million |
| 2021 | 8.12% | 2.89% | 1.73x | 1.63x | €-2.53 Million |
| 2022 | 5.25% | 1.85% | 1.96x | 1.45x | €-6.79 Million |
| 2023 | -1.28% | -0.56% | 1.56x | 1.48x | €-15.23 Million |
Industry Comparison
This section compares ALBA SE's net assets metrics with peer companies in the same industry.
Industry Context
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| ALBA SE (ABA) | €134.97 Million | -31.75% | 0.48x | $5.10 Million |
| Hanna Capital Corp (04U1) | $-79.29K | 0.00% | 0.00x | $116.52K |
| WESTMINSTER RES (08W) | $4.66 Million | -31.33% | 0.12x | $5.16 Million |
| Axonics Inc (0I3) | $570.14 Million | -10.47% | 0.16x | $3.29 Billion |
| Global Bioenergies SA (1DK) | $14.81 Million | -86.04% | 0.89x | $369.68K |
| GIEAG Immobilien AG (2GI) | $41.80 Million | 40.21% | 8.93x | $15.57K |
| 2invest AG (2INV) | $82.61 Million | -2.29% | 0.06x | $13.67 Million |
| PT Central Proteina Prima Tbk (4PT) | $3.42 Trillion | 11.74% | 1.00x | $6.90 Million |
| DGH Deutsche Grundwert Holding AG (5TR) | $0.00 | 0.00% | 0.00x | $18.45K |
| SOFTCHOICE CORP. (90Q) | $58.23 Million | -19.76% | 10.01x | $470.36 Million |