Danieli & C. Officine Meccaniche S.p.A
Danieli & C. Officine Meccaniche S.p.A. designs, builds, and sells plants for the iron and steel industry in Europe, Russia, the Middle East, the Americas, and South East Asia. It operates through two segments, Plant Making and Steel Making. The company designs and builds plants for various process areas, including mines; pellet production plants; blast furnaces; direct reduction; scrap shredders… Read more
Danieli & C. Officine Meccaniche S.p.A (DAS) - Net Assets
Latest net assets as of December 2024: €2.76 Billion EUR
Based on the latest financial reports, Danieli & C. Officine Meccaniche S.p.A (DAS) has net assets worth €2.76 Billion EUR as of December 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€7.59 Billion) and total liabilities (€4.83 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 | €2.76 Billion |
| % of Total Assets | 36.35% |
| Annual Growth Rate | 5.43% |
| 5-Year Change | 35.74% |
| 10-Year Change | 53.4% |
| Growth Volatility | 3.47 |
Danieli & C. Officine Meccaniche S.p.A - Net Assets Trend (2014–2024)
This chart illustrates how Danieli & C. Officine Meccaniche 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 Danieli & C. Officine Meccaniche S.p.A (2014–2024)
The table below shows the annual net assets of Danieli & C. Officine Meccaniche S.p.A from 2014 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-06-30 | €2.63 Billion | +9.18% |
| 2023-06-30 | €2.41 Billion | +8.31% |
| 2022-06-30 | €2.22 Billion | +10.25% |
| 2021-06-30 | €2.02 Billion | +4.12% |
| 2020-06-30 | €1.94 Billion | +1.97% |
| 2019-06-30 | €1.90 Billion | +2.49% |
| 2018-06-30 | €1.85 Billion | +1.94% |
| 2017-06-30 | €1.82 Billion | +2.29% |
| 2016-06-30 | €1.78 Billion | +3.70% |
| 2015-06-30 | €1.71 Billion | +10.68% |
| 2014-06-30 | €1.55 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Danieli & C. Officine Meccaniche 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 79.2% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €240.81 Million | 9.17% |
| Other Components | €2.39 Billion | 90.83% |
| Total Equity | €2.63 Billion | 100.00% |
Danieli & C. Officine Meccaniche S.p.A Competitors by Market Cap
The table below lists competitors of Danieli & C. Officine Meccaniche S.p.A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Heartland Financial USA Inc
NASDAQ:HTLF
|
$2.72 Billion |
|
Hand Enterprise Solutions Co
SHE:300170
|
$2.72 Billion |
|
Black Stone Minerals LP
NYSE:BSM
|
$2.73 Billion |
|
Wuhan Jingce Electronic Technology Co Ltd
SHE:300567
|
$2.73 Billion |
|
Nh Investment And Securities 1p
KO:005945
|
$2.72 Billion |
|
Cactus Inc
NYSE:WHD
|
$2.72 Billion |
|
Sotera Health Co
NASDAQ:SHC
|
$2.71 Billion |
|
Lepu Medical Tech Beijing
SHE:300003
|
$2.71 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Danieli & C. Officine Meccaniche S.p.A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,404,713,000 to 2,627,221,000, a change of 222,508,000 (9.3%).
- Net income of 240,812,000 contributed positively to equity growth.
- Dividend payments of 23,700,000 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €240.81 Million | +9.17% |
| Dividends Paid | €23.70 Million | -0.9% |
| Other Changes | €5.40 Million | +0.21% |
| Total Change | €- | 9.25% |
Book Value vs Market Value Analysis
This analysis compares Danieli & C. Officine Meccaniche 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: 1.62x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 2.35x to 1.62x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-06-30 | €24.44 | €57.40 | x |
| 2018-06-30 | €24.91 | €57.40 | x |
| 2019-06-30 | €25.53 | €57.40 | x |
| 2020-06-30 | €26.03 | €57.40 | x |
| 2021-06-30 | €27.18 | €57.40 | x |
| 2022-06-30 | €59.00 | €57.40 | x |
| 2023-06-30 | €32.49 | €57.40 | x |
| 2024-06-30 | €35.49 | €57.40 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Danieli & C. Officine Meccaniche 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): 9.17%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.57%
- • Asset Turnover: 0.58x
- • Equity Multiplier: 2.85x
- Recent ROE (9.17%) is above the historical average (6.38%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 9.92% | 5.14% | 0.58x | 3.31x | €-1.29 Million |
| 2015 | 9.45% | 5.92% | 0.53x | 3.01x | €-9.48 Million |
| 2016 | 4.97% | 2.76% | 0.60x | 3.00x | €-89.35 Million |
| 2017 | 2.78% | 1.92% | 0.55x | 2.65x | €-131.31 Million |
| 2018 | 3.15% | 2.23% | 0.56x | 2.53x | €-126.96 Million |
| 2019 | 3.53% | 2.47% | 0.53x | 2.67x | €-122.96 Million |
| 2020 | 3.25% | 2.64% | 0.47x | 2.62x | €-130.78 Million |
| 2021 | 3.98% | 2.64% | 0.56x | 2.71x | €-121.21 Million |
| 2022 | 9.85% | 6.30% | 0.56x | 2.78x | €-3.26 Million |
| 2023 | 10.13% | 5.98% | 0.62x | 2.72x | €3.17 Million |
| 2024 | 9.17% | 5.57% | 0.58x | 2.85x | €-21.91 Million |
Industry Comparison
This section compares Danieli & C. Officine Meccaniche S.p.A's net assets metrics with peer companies in the Specialty Industrial Machinery industry.
Industry Context
- Industry: Specialty Industrial Machinery
- Average net assets among peers: $7,657,119,913
- Average return on equity (ROE) among peers: -52.03%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Danieli & C. Officine Meccaniche S.p.A (DAS) | €2.76 Billion | 9.92% | 1.75x | $2.72 Billion |
| 2G Energy AG (2GB) | $146.19 Million | 16.19% | 0.90x | $344.59 Million |
| Star Micronics Co., Ltd. (2ZN) | $74.43 Billion | 2.49% | 0.25x | $572.39 Million |
| Arcure S.A. (340) | $8.25 Million | 21.18% | 1.54x | $10.75 Million |
| Valtecne S.p.A. (71W) | $10.98 Million | 20.94% | 1.55x | $8.28 Million |
| ENGIE Eps S.A (8XE) | $2.34 Million | -626.68% | 17.75x | $26.43 Million |
| FlexQube AB (publ) (A1Y) | $69.33 Million | -10.19% | 1.22x | $6.98 Million |
| Aalberts N.V (AACA) | $1.51 Billion | 13.52% | 0.92x | $3.32 Billion |
| WALTER MEIER AG NAM. (B4A1) | $169.51 Million | 12.55% | 0.87x | $155.45 Million |
| Biesse S.p.A (BI2) | $214.81 Million | 1.18% | 2.06x | $46.21 Million |
| STIF Société anonyme (D08) | $6.01 Million | 28.52% | 1.88x | $562.72K |