RUBIS (BYN) - Net Assets
Based on the latest financial reports, RUBIS (BYN) has net assets worth €2.92 Billion EUR (≈ $3.41 Billion USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€6.63 Billion ≈ $7.75 Billion USD) and total liabilities (€3.71 Billion ≈ $4.33 Billion USD). 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. Check BYN tangible net assets ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €2.92 Billion |
| % of Total Assets | 44.07% |
| Annual Growth Rate | 1.64% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 4.29 |
RUBIS - Net Assets Trend (2021–2025)
This chart illustrates how RUBIS's net assets have evolved over time, based on quarterly financial data. See how many days can RUBIS fund operations to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for RUBIS (2021–2025)
The table below shows the annual net assets of RUBIS from 2021 to 2025. For live valuation and market cap data, see RUBIS (BYN) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | €2.92 Billion ≈ $3.41 Billion |
-1.40% |
| 2024-12-31 | €2.96 Billion ≈ $3.46 Billion |
+7.18% |
| 2023-12-31 | €2.76 Billion ≈ $3.23 Billion |
-3.40% |
| 2022-12-31 | €2.86 Billion ≈ $3.34 Billion |
+4.53% |
| 2021-12-31 | €2.74 Billion ≈ $3.20 Billion |
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Equity Component Analysis
This analysis shows how different components contribute to RUBIS'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 100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €2.80 Billion | 100.00% |
| Total Equity | €2.80 Billion | 100.00% |
RUBIS Competitors by Market Cap
The table below lists competitors of RUBIS ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Amneal Pharmaceuticals, Inc. Class A Common Stock
NYSE:AMRX
|
$3.57 Billion |
|
iRhythm Technologies Inc
NASDAQ:IRTC
|
$3.58 Billion |
|
Olav Thon Eien
OL:OLT
|
$3.58 Billion |
|
Hinge Health, Inc.
NYSE:HNGE
|
$3.58 Billion |
|
UCO Bank
NSE:UCOBANK
|
$3.57 Billion |
|
Guangzhou Development Group Inc
SHG:600098
|
$3.57 Billion |
|
Western Gold Co Ltd
SHG:601069
|
$3.57 Billion |
|
Red Rock Resorts Inc
NASDAQ:RRR
|
$3.56 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in RUBIS's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 2,833,628,000 to 2,804,838,000, a change of -28,790,000 (-1.0%).
- Net income of 308,842,000 contributed positively to equity growth.
- Dividend payments of 220,714,000 reduced retained earnings.
- Share repurchases of 5,170,000 reduced equity.
- New share issuances of 1,926,000 increased equity.
- Other factors decreased equity by 113,674,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €308.84 Million | +11.01% |
| Dividends Paid | €220.71 Million | -7.87% |
| Share Repurchases | €5.17 Million | -0.18% |
| Share Issuances | €1.93 Million | +0.07% |
| Other Changes | €-113.67 Million | -4.05% |
| Total Change | €- | -1.02% |
Book Value vs Market Value Analysis
This analysis compares RUBIS'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: 0.25x
- 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 |
|---|---|---|---|
| 2021-12-31 | €25.54 | €6.75 | x |
| 2022-12-31 | €26.57 | €6.75 | x |
| 2023-12-31 | €25.51 | €6.75 | x |
| 2024-12-31 | €27.53 | €6.75 | x |
| 2025-12-31 | €27.18 | €6.75 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently RUBIS 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): 11.01%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.73%
- • Asset Turnover: 0.99x
- • Equity Multiplier: 2.36x
- Recent ROE (11.01%) is below the historical average (11.47%), 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 | 11.18% | 6.37% | 0.87x | 2.01x | €30.90 Million |
| 2022 | 9.62% | 3.68% | 1.10x | 2.37x | €-10.45 Million |
| 2023 | 13.44% | 5.33% | 1.04x | 2.41x | €90.56 Million |
| 2024 | 12.08% | 5.15% | 0.99x | 2.38x | €58.93 Million |
| 2025 | 11.01% | 4.73% | 0.99x | 2.36x | €28.36 Million |
Industry Comparison
This section compares RUBIS's net assets metrics with peer companies in the Oil & Gas Refining & Marketing industry.
Industry Context
- Industry: Oil & Gas Refining & Marketing
- Average net assets among peers: $1,682,649,580,244
- Average return on equity (ROE) among peers: 5.96%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| RUBIS (BYN) | €2.92 Billion | 11.18% | 1.27x | $3.57 Billion |
| BANGCHAK CORP. -FGN- BA 1 (7BP) | $84.14 Billion | 3.42% | 2.55x | $9.71K |
| PTT OIL+RET.BUS.-FOR-BA10 (7F8) | $109.51 Billion | 10.13% | 1.01x | $3.19K |
| PTT OIL+RET.BUS.-NVDR- 10 (7F80) | $108.96 Billion | 7.02% | 0.90x | $3.60 Billion |
| COSAN S.A. SP.ADR 1/4 (9CI0) | $31.01 Billion | -31.35% | 3.36x | $3.56 Billion |
| Thai Oil Public Company Limited (LQZ) | $126.47 Billion | 8.02% | 1.12x | $12.75K |
| MOL NA A ADR REG.S 1/2 (MOGG) | $4.56 Trillion | 6.53% | 0.80x | $7.83 Billion |
| NWF GROUP PLC LS-25 (NYY) | $77.90 Million | 19.13% | 1.79x | $71.42 Million |
| Reliance Industries Limited (RLI) | $10.10 Trillion | 6.90% | 0.93x | $166.45 Billion |
| Sinopec Shanghai Petrochemical Company Limited (SGJH) | $25.00 Billion | 23.87% | 0.36x | $530.90 Million |
About RUBIS
Rubis, together with its subsidiaries, engages in the energy distribution business in Europe, Africa, and the Caribbean. The company operates through Energy Distribution and Renewable Electricity Production segments. It retails and distributes aviation and marine fuel, heating oils, lubricants, liquefied gases, and bitumen; and provides trading, supply, refining, logistics, and shipping activitie… Read more