IMC S.A. (IM4) - Net Assets
Based on the latest financial reports, IMC S.A. (IM4) has net assets worth €207.93 Million EUR (≈ $243.09 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€354.16 Million ≈ $414.05 Million USD) and total liabilities (€146.23 Million ≈ $170.96 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 IM4 tangible net assets ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €207.93 Million |
| % of Total Assets | 58.71% |
| Annual Growth Rate | 8.48% |
| 5-Year Change | 8.91% |
| 10-Year Change | N/A |
| Growth Volatility | 21.67 |
IMC S.A. - Net Assets Trend (2020–2025)
This chart illustrates how IMC S.A.'s net assets have evolved over time, based on quarterly financial data. See IM4 defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for IMC S.A. (2020–2025)
The table below shows the annual net assets of IMC S.A. from 2020 to 2025. For live valuation and market cap data, see how much is IMC S.A. worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | €207.93 Million ≈ $243.09 Million |
+14.63% |
| 2024-12-31 | €181.40 Million ≈ $212.07 Million |
+28.02% |
| 2023-12-31 | €141.69 Million ≈ $165.66 Million |
-5.74% |
| 2022-12-31 | €150.31 Million ≈ $175.73 Million |
-21.27% |
| 2021-12-31 | €190.92 Million ≈ $223.20 Million |
+37.92% |
| 2020-12-31 | €138.43 Million ≈ $161.84 Million |
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Equity Component Analysis
This analysis shows how different components contribute to IMC S.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 grown by 62.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €328.89 Million | 157.08% |
| Total Equity | €209.38 Million | 100.00% |
IMC S.A. Competitors by Market Cap
The table below lists competitors of IMC S.A. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Famous Brands Ltd
JSE:FBR
|
$300.34 Million |
|
BMTC Group Inc
TO:GBT
|
$300.35 Million |
|
Fujian Cement Inc
SHG:600802
|
$300.41 Million |
|
Liaoning Shidai Wanheng Co Ltd
SHG:600241
|
$300.60 Million |
|
China Shengmu Organic Milk Limited
F:7OM
|
$300.20 Million |
|
Wintec Co. Ltd
KQ:320000
|
$300.19 Million |
|
M1 Kliniken AG
XETRA:M12
|
$300.08 Million |
|
Vinacafe Bien Hoa JSC
VN:VCF
|
$299.92 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in IMC S.A.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 182,439,000 to 209,378,000, a change of 26,939,000 (14.8%).
- Net income of 67,944,000 contributed positively to equity growth.
- Dividend payments of 39,703,000 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €67.94 Million | +32.45% |
| Dividends Paid | €39.70 Million | -18.96% |
| Other Changes | €-1.30 Million | -0.62% |
| Total Change | €- | 14.77% |
Book Value vs Market Value Analysis
This analysis compares IMC S.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: 1.42x
- 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 2.01x to 1.42x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | €4.17 | €8.36 | x |
| 2021-12-31 | €5.77 | €8.36 | x |
| 2022-12-31 | €4.25 | €8.36 | x |
| 2023-12-31 | €4.01 | €8.36 | x |
| 2024-12-31 | €5.14 | €8.36 | x |
| 2025-12-31 | €5.90 | €8.36 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently IMC S.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): 32.45%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 35.67%
- • Asset Turnover: 0.54x
- • Equity Multiplier: 1.69x
- Recent ROE (32.45%) is above the historical average (18.63%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 23.00% | 19.70% | 0.58x | 2.03x | €17.96 Million |
| 2021 | 41.52% | 43.76% | 0.44x | 2.16x | €60.36 Million |
| 2022 | -0.63% | -0.84% | 0.35x | 2.16x | €-16.05 Million |
| 2023 | -14.61% | -14.93% | 0.45x | 2.19x | €-35.07 Million |
| 2024 | 30.09% | 25.98% | 0.66x | 1.77x | €36.65 Million |
| 2025 | 32.45% | 35.67% | 0.54x | 1.69x | €47.01 Million |
Industry Comparison
This section compares IMC S.A.'s net assets metrics with peer companies in the Farm Products industry.
Industry Context
- Industry: Farm Products
- Average net assets among peers: $1,448,853,799,135
- Average return on equity (ROE) among peers: -24.33%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| IMC S.A. (IM4) | €207.93 Million | 23.00% | 0.70x | $300.33 Million |
| China Modern Dairy Holdings Ltd (07M) | $11.12 Billion | -12.74% | 2.05x | $950.27 Million |
| AFFINOR GROWERS INC. (1AF0) | $582.67K | -229.25% | 3.19x | $402.14K |
| Bumitama Agri Ltd (2BU) | $14.46 Trillion | 19.55% | 0.38x | $1.75 Billion |
| Dole plc (4CB) | $1.32 Billion | 6.56% | 2.48x | $1.18 Billion |
| GOLDEN AGRI-RES ADR/100 (4G3) | $4.89 Billion | 9.73% | 0.96x | $2.59 Billion |
| ICE FISH FARM AS NK-10 (4YYA) | $112.27 Million | 1.78% | 0.53x | $51.49 Million |
| BRASI.CIA BRAS.D.PROP.ADR (52BA) | $2.18 Billion | 10.41% | 0.65x | $336.70 Million |
| P/F Bakkafrost (6BF) | $8.50 Billion | 9.54% | 0.54x | $2.24 Billion |
| China Shengmu Organic Milk Limited (7OM) | $4.24 Billion | 2.03% | 1.01x | $300.20 Million |
| KINGFISH COMPANY EO -01 (93G) | $50.54 Million | -60.91% | 2.33x | $10.13 Million |
About IMC S.A.
IMC S.A., together with its subsidiaries, operates as an integrated agricultural company in Ukraine and internationally. The company operates through two segments; Crop Farming, and Elevators and Warehouses. It cultivates wheat, barley, peas, corn, millet, buckwheat, sunflower, soybeans, rapeseed, and oilseeds. The company also engages in the agricultural and farming production; bakery production… Read more