Prysmian SpA
Prysmian S.p.A., together with its subsidiaries, produces, distributes, and sells power and telecom cables and systems, and related accessories under the Prysmian, Draka, and General Cable brands worldwide. It operates through four segments: Transmission, Power Grid, Electrification, and Digital Solutions. The company offers high voltage direct current (HVDC), network component high voltage, subm… Read more
Prysmian SpA (AEU) - Net Assets
Latest net assets as of June 2025: €5.61 Billion EUR
Based on the latest financial reports, Prysmian SpA (AEU) has net assets worth €5.61 Billion EUR as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€18.67 Billion) and total liabilities (€13.06 Billion). 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 | €5.61 Billion |
| % of Total Assets | 30.05% |
| Annual Growth Rate | 14.6% |
| 5-Year Change | 118.61% |
| 10-Year Change | 251.49% |
| Growth Volatility | 15.86 |
Prysmian SpA - Net Assets Trend (2013–2024)
This chart illustrates how Prysmian SpA's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Prysmian SpA (2013–2024)
The table below shows the annual net assets of Prysmian SpA from 2013 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €5.30 Billion | +33.36% |
| 2023-12-31 | €3.97 Billion | +5.33% |
| 2022-12-31 | €3.77 Billion | +22.08% |
| 2021-12-31 | €3.09 Billion | +27.49% |
| 2020-12-31 | €2.42 Billion | -6.88% |
| 2019-12-31 | €2.60 Billion | +6.38% |
| 2018-12-31 | €2.45 Billion | +46.03% |
| 2017-12-31 | €1.68 Billion | 0.00% |
| 2016-12-31 | €1.68 Billion | +11.15% |
| 2015-12-31 | €1.51 Billion | +27.39% |
| 2014-12-31 | €1.18 Billion | 0.00% |
| 2013-12-31 | €1.18 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Prysmian SpA'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 389.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €729.00 Million | 14.33% |
| Other Components | €4.36 Billion | 85.67% |
| Total Equity | €5.09 Billion | 100.00% |
Prysmian SpA Competitors by Market Cap
The table below lists competitors of Prysmian SpA ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Hewlett Packard Enterprise Co
NYSE:HPE
|
$28.77 Billion |
|
BRCFF
PINK:BRCFF
|
$28.83 Billion |
|
Fortis Inc
NYSE:FTS
|
$28.84 Billion |
|
Tapestry Inc
NYSE:TPR
|
$28.84 Billion |
|
Devon Energy Corporation
NYSE:DVN
|
$28.65 Billion |
|
Kellogg Co.
LSE:0R1R
|
$28.64 Billion |
|
Kellanova
NYSE:K
|
$28.63 Billion |
|
ENBNF
PINK:ENBNF
|
$28.61 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Prysmian SpA's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,781,000,000 to 5,087,000,000, a change of 1,306,000,000 (34.5%).
- Net income of 729,000,000 contributed positively to equity growth.
- Dividend payments of 202,000,000 reduced retained earnings.
- Share repurchases of 327,000,000 reduced equity.
- Other factors increased equity by 1,106,000,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €729.00 Million | +14.33% |
| Dividends Paid | €202.00 Million | -3.97% |
| Share Repurchases | €327.00 Million | -6.43% |
| Other Changes | €1.11 Billion | +21.74% |
| Total Change | €- | 34.54% |
Book Value vs Market Value Analysis
This analysis compares Prysmian SpA'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: 5.51x
- 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 14.34x to 5.51x 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 | €6.81 | €97.68 | x |
| 2018-12-31 | €10.70 | €97.68 | x |
| 2019-12-31 | €9.17 | €97.68 | x |
| 2020-12-31 | €8.58 | €97.68 | x |
| 2021-12-31 | €11.06 | €97.68 | x |
| 2022-12-31 | €13.60 | €97.68 | x |
| 2023-12-31 | €13.86 | €97.68 | x |
| 2024-12-31 | €17.73 | €97.68 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Prysmian SpA 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): 14.33%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.28%
- • Asset Turnover: 0.94x
- • Equity Multiplier: 3.58x
- Recent ROE (14.33%) is above the historical average (12.56%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 12.99% | 2.13% | 1.27x | 4.82x | €34.30 Million |
| 2014 | 10.00% | 1.68% | 1.21x | 4.92x | €0.00 |
| 2015 | 16.74% | 2.89% | 1.19x | 4.89x | €86.20 Million |
| 2016 | 16.99% | 3.25% | 1.20x | 4.36x | €101.20 Million |
| 2017 | 15.27% | 2.87% | 1.17x | 4.53x | €78.30 Million |
| 2018 | 5.76% | 1.28% | 1.00x | 4.49x | €-95.80 Million |
| 2019 | 12.09% | 2.53% | 1.10x | 4.34x | €50.50 Million |
| 2020 | 7.88% | 1.78% | 1.01x | 4.40x | €-47.90 Million |
| 2021 | 10.57% | 2.42% | 1.06x | 4.12x | €16.50 Million |
| 2022 | 14.06% | 3.14% | 1.26x | 3.56x | €145.50 Million |
| 2023 | 13.99% | 3.45% | 1.15x | 3.52x | €150.90 Million |
| 2024 | 14.33% | 4.28% | 0.94x | 3.58x | €220.30 Million |
Industry Comparison
This section compares Prysmian SpA's net assets metrics with peer companies in the Electrical Equipment & Parts industry.
Industry Context
- Industry: Electrical Equipment & Parts
- Average net assets among peers: $11,870,249,000
- Average return on equity (ROE) among peers: -7.22%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Prysmian SpA (AEU) | €5.61 Billion | 12.99% | 2.33x | $28.75 Billion |
| Leoch International Technology Limited (0LT) | $3.27 Billion | 4.05% | 1.65x | $20.63 Million |
| AB Fagerhult (2F0) | $1.63 Billion | 23.41% | 1.96x | $216.55 Million |
| VPower Group International Holdings Limited (2V3) | $3.14 Billion | -10.09% | 1.84x | $15.64 Million |
| Plejd AB (publ) (3CA) | $727.69 Million | 24.77% | 0.45x | $464.11 Million |
| AQ Group AB (publ) (7AQ0) | $3.76 Billion | 16.80% | 0.58x | $1.01 Billion |
| Compleo Charging Solutions AG (C0M) | $3.95 Million | -65.34% | 2.17x | $303.00K |
| FRIWO AG (CEA) | $13.14 Million | 16.56% | 2.38x | $7.87 Million |
| Exosens (H8Y) | $172.11 Million | -86.55% | 1.68x | $1.82 Billion |
| Hosiden Corporation (HOD) | $94.11 Billion | 11.38% | 0.42x | $702.46 Million |