Somec S.p.A.
Somec S.p.A. engineers, designs, and deploys turnkey projects in the civil and naval engineering in Italy, rest of Europe, North America, and internationally. It operates through three segments: Engineered Systems for Naval Architecture and Building Façades; Professional Kitchen Systems and Products; and Design and Production of Bespoke Interiors. The company is involved in the construction proje… Read more
Somec S.p.A. (AW0) - Net Assets
Latest net assets as of June 2025: €22.50 Million EUR
Based on the latest financial reports, Somec S.p.A. (AW0) has net assets worth €22.50 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 (€291.98 Million) and total liabilities (€269.48 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 | €22.50 Million |
| % of Total Assets | 7.7% |
| Annual Growth Rate | -32.42% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 15.02 |
Somec S.p.A. - Net Assets Trend (2021–2024)
This chart illustrates how Somec 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 Somec S.p.A. (2021–2024)
The table below shows the annual net assets of Somec S.p.A. from 2021 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €17.69 Million | -10.01% |
| 2023-12-31 | €19.66 Million | -44.64% |
| 2022-12-31 | €35.51 Million | -38.07% |
| 2021-12-31 | €57.33 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Somec 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 0.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €13.68 Million | 100.00% |
| Total Equity | €13.68 Million | 100.00% |
Somec S.p.A. Competitors by Market Cap
The table below lists competitors of Somec S.p.A. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Sangji Caelum Inc
KQ:042940
|
$26.65 Million |
|
Ailleron S.A.
WAR:ALL
|
$26.65 Million |
|
Inmobiliaria Manquehue S.A
SN:MANQUEHUE
|
$26.66 Million |
|
Avision Inc
TW:2380
|
$26.67 Million |
|
Kingdom Holdings Limited
F:K7A
|
$26.65 Million |
|
INSTALLUX SA INH. EO 16
F:5X5
|
$26.64 Million |
|
Kmi Wire And Cable Tbk
JK:KBLI
|
$26.63 Million |
|
3U Holding AG
XETRA:UUU
|
$26.63 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Somec S.p.A.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 16,910,000 to 13,680,000, a change of -3,230,000 (-19.1%).
- Net loss of 3,303,000 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-3.30 Million | -24.14% |
| Other Changes | €73.00K | +0.53% |
| Total Change | €- | -19.10% |
Book Value vs Market Value Analysis
This analysis compares Somec 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: 6.38x
- 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 increased from 1.84x to 6.38x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | €6.87 | €12.65 | x |
| 2022-12-31 | €4.46 | €12.65 | x |
| 2023-12-31 | €2.45 | €12.65 | x |
| 2024-12-31 | €1.98 | €12.65 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Somec 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): -24.14%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -0.86%
- • Asset Turnover: 1.21x
- • Equity Multiplier: 23.06x
- Recent ROE (-24.14%) is below the historical average (-20.22%), 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 | 17.87% | 3.35% | 0.95x | 5.63x | €3.72 Million |
| 2022 | -5.71% | -0.53% | 0.98x | 10.89x | €-4.82 Million |
| 2023 | -68.88% | -3.14% | 1.13x | 19.46x | €-13.34 Million |
| 2024 | -24.14% | -0.86% | 1.21x | 23.06x | €-4.67 Million |
Industry Comparison
This section compares Somec 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: $69,564,602,508
- Average return on equity (ROE) among peers: 3.53%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Somec S.p.A. (AW0) | €22.50 Million | 17.87% | 11.98x | $26.65 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 |
| Rai Way S.p.A (4RW) | $188.69 Million | 45.96% | 1.49x | $565.61 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 |