FERRETTI S.P.A. O.N. (F3T1) - Net Assets
Based on the latest financial reports, FERRETTI S.P.A. O.N. (F3T1) has net assets worth €903.88 Million EUR (≈ $1.06 Billion USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€1.64 Billion ≈ $1.92 Billion USD) and total liabilities (€739.40 Million ≈ $864.44 Million 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 FERRETTI S.P.A. O.N. (F3T1) asset resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €903.88 Million |
| % of Total Assets | 55.0% |
| Annual Growth Rate | 21.72% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 23.04 |
FERRETTI S.P.A. O.N. - Net Assets Trend (2021–2024)
This chart illustrates how FERRETTI S.P.A. O.N.'s net assets have evolved over time, based on quarterly financial data. Also explore how large is FERRETTI S.P.A. O.N.'s balance sheet for the complete picture of this company's asset base.
Annual Net Assets for FERRETTI S.P.A. O.N. (2021–2024)
The table below shows the annual net assets of FERRETTI S.P.A. O.N. from 2021 to 2024. For live valuation and market cap data, see FERRETTI S.P.A. O.N. stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €898.24 Million ≈ $1.05 Billion |
+6.97% |
| 2023-12-31 | €839.68 Million ≈ $981.67 Million |
+7.87% |
| 2022-12-31 | €778.39 Million ≈ $910.02 Million |
+56.28% |
| 2021-12-31 | €498.07 Million ≈ $582.29 Million |
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Equity Component Analysis
This analysis shows how different components contribute to FERRETTI S.P.A. O.N.'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 | €897.16 Million | 100.00% |
| Total Equity | €897.16 Million | 100.00% |
FERRETTI S.P.A. O.N. Competitors by Market Cap
The table below lists competitors of FERRETTI S.P.A. O.N. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shenzhen Minglida Precision Technology Co. Ltd.
SHE:301268
|
$1.35 Billion |
|
Crombie Real Estate Investment Trust
TO:CRR-UN
|
$1.35 Billion |
|
Avia Avian PT Tbk
JK:AVIA
|
$1.35 Billion |
|
IRPC Public Company Limited
BK:IRPC
|
$1.35 Billion |
|
Wolverine World Wide Inc
NYSE:WWW
|
$1.35 Billion |
|
HBM HLDGS LTD DL-000025
F:6XY
|
$1.35 Billion |
|
Jiangsu Zhengdan Chemical Industry Co Ltd
SHE:300641
|
$1.35 Billion |
|
TheRealReal Inc
NASDAQ:REAL
|
$1.35 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in FERRETTI S.P.A. O.N.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 838,840,000 to 897,156,000, a change of 58,316,000 (7.0%).
- Net income of 87,918,000 contributed positively to equity growth.
- Dividend payments of 32,833,000 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €87.92 Million | +9.8% |
| Dividends Paid | €32.83 Million | -3.66% |
| Other Changes | €3.23 Million | +0.36% |
| Total Change | €- | 6.95% |
Book Value vs Market Value Analysis
This analysis compares FERRETTI S.P.A. O.N.'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: 1.48x
- 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 2.63x to 1.48x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | €1.49 | €3.92 | x |
| 2022-12-31 | €2.30 | €3.92 | x |
| 2023-12-31 | €2.48 | €3.92 | x |
| 2024-12-31 | €2.65 | €3.92 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently FERRETTI S.P.A. O.N. 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): 9.80%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.09%
- • Asset Turnover: 0.75x
- • Equity Multiplier: 1.85x
- Recent ROE (9.80%) is above the historical average (8.75%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 7.53% | 4.18% | 0.86x | 2.10x | €-12.28 Million |
| 2022 | 7.75% | 5.85% | 0.73x | 1.81x | €-17.53 Million |
| 2023 | 9.90% | 7.32% | 0.71x | 1.91x | €-836.00K |
| 2024 | 9.80% | 7.09% | 0.75x | 1.85x | €-1.80 Million |
Industry Comparison
This section compares FERRETTI S.P.A. O.N.'s net assets metrics with peer companies in the Recreational Vehicles industry.
Industry Context
- Industry: Recreational Vehicles
- Average net assets among peers: $7,463,822
- Average return on equity (ROE) among peers: 3.23%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| FERRETTI S.P.A. O.N. (F3T1) | €903.88 Million | 7.53% | 0.82x | $1.35 Billion |
| BELLINI NAUTICA S.P.A. (F2F) | $7.46 Million | 3.23% | 1.40x | $16.10 Million |
About FERRETTI S.P.A. O.N.
Ferretti S.p.A. designs, constructs, markets, and sells yachts and vessels under the Riva, Wally, Ferretti Yachts, Pershing, Itama, Easy Boat, CRN, and Custom Line brand names. It offers luxury composite yachts, made-to-measure yachts, superyachts with various features, and ancillary services; and owns and operates shipyards. The company also provides yacht brokerage, chartering, and management s… Read more