Pittler Maschinenfabrik AG (PIT) - Net Assets
Based on the latest financial reports, Pittler Maschinenfabrik AG (PIT) has net assets worth €13.09 Million EUR (≈ $15.30 Million USD) as of December 2024. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€22.24 Million ≈ $26.00 Million USD) and total liabilities (€9.15 Million ≈ $10.70 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 Pittler Maschinenfabrik AG asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €13.09 Million |
| % of Total Assets | 58.86% |
| Annual Growth Rate | 7.26% |
| 5-Year Change | 61.09% |
| 10-Year Change | 95.92% |
| Growth Volatility | 14.18 |
Pittler Maschinenfabrik AG - Net Assets Trend (2013–2024)
This chart illustrates how Pittler Maschinenfabrik AG's net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of Pittler Maschinenfabrik AG for the complete picture of this company's asset base.
Annual Net Assets for Pittler Maschinenfabrik AG (2013–2024)
The table below shows the annual net assets of Pittler Maschinenfabrik AG from 2013 to 2024. For live valuation and market cap data, see PIT market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €13.09 Million ≈ $15.30 Million |
+4.44% |
| 2023-12-31 | €12.53 Million ≈ $14.65 Million |
+11.28% |
| 2022-12-31 | €11.26 Million ≈ $13.17 Million |
+20.37% |
| 2021-12-31 | €9.36 Million ≈ $10.94 Million |
+15.15% |
| 2020-12-31 | €8.13 Million ≈ $9.50 Million |
-1.22% |
| 2019-12-31 | €8.23 Million ≈ $9.62 Million |
-11.40% |
| 2018-12-31 | €9.28 Million ≈ $10.86 Million |
-3.66% |
| 2017-12-31 | €9.64 Million ≈ $11.27 Million |
+44.12% |
| 2016-12-31 | €6.69 Million ≈ $7.82 Million |
+0.10% |
| 2015-12-31 | €6.68 Million ≈ $7.81 Million |
+6.44% |
| 2014-12-31 | €6.28 Million ≈ $7.34 Million |
+3.71% |
| 2013-12-31 | €6.05 Million ≈ $7.08 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Pittler Maschinenfabrik AG'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 207.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €7.79 Million | 63.09% |
| Other Components | €4.56 Million | 36.91% |
| Total Equity | €12.35 Million | 100.00% |
Pittler Maschinenfabrik AG Competitors by Market Cap
The table below lists competitors of Pittler Maschinenfabrik AG ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Chiangmai Rimdoi Public Company Limited
BK:CRD
|
$4.83 Million |
|
Whitebark Energy Ltd
AU:WBE
|
$4.83 Million |
|
Visible Gold Mines Inc
V:VGD
|
$4.84 Million |
|
KC Property PLC
BK:KC
|
$4.84 Million |
|
Strategem Capital Corp
V:SGE
|
$4.83 Million |
|
Cipta Selera Murni Pt
JK:CSMI
|
$4.83 Million |
|
Prostatype Genomics AB
ST:PROGEN
|
$4.83 Million |
|
Global Sukses Solusi Tbk PT
JK:RUNS
|
$4.83 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Pittler Maschinenfabrik AG's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 11,695,949 to 12,349,060, a change of 653,111 (5.6%).
- Net income of 816,027 contributed positively to equity growth.
- Other factors decreased equity by 162,916.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €816.03K | +6.61% |
| Other Changes | €-162.92K | -1.32% |
| Total Change | €- | 5.58% |
Book Value vs Market Value Analysis
This analysis compares Pittler Maschinenfabrik AG'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: 0.34x
- 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.
- The price-to-book ratio has decreased from 0.47x to 0.34x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | €3.62 | €1.70 | x |
| 2018-12-31 | €3.51 | €1.70 | x |
| 2019-12-31 | €3.07 | €1.70 | x |
| 2020-12-31 | €3.03 | €1.70 | x |
| 2021-12-31 | €3.58 | €1.70 | x |
| 2022-12-31 | €4.41 | €1.70 | x |
| 2023-12-31 | €4.77 | €1.70 | x |
| 2024-12-31 | €5.04 | €1.70 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Pittler Maschinenfabrik AG 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): 6.61%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.81%
- • Asset Turnover: 0.47x
- • Equity Multiplier: 1.80x
- Recent ROE (6.61%) is below the historical average (19.71%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 184.49% | 275.79% | 0.42x | 1.58x | €9.25 Million |
| 2014 | 4.71% | 6.01% | 0.51x | 1.55x | €-290.96K |
| 2015 | 6.75% | 7.18% | 0.62x | 1.52x | €-191.55K |
| 2016 | 1.47% | 1.49% | 0.62x | 1.59x | €-502.12K |
| 2017 | 4.83% | 6.48% | 0.53x | 1.40x | €-459.55K |
| 2018 | -3.12% | -3.75% | 0.61x | 1.36x | €-1.13 Million |
| 2019 | -12.65% | -15.17% | 0.55x | 1.51x | €-1.71 Million |
| 2020 | -3.11% | -5.56% | 0.39x | 1.42x | €-975.47K |
| 2021 | 17.55% | 32.56% | 0.26x | 2.04x | €663.86K |
| 2022 | 22.24% | 44.04% | 0.31x | 1.64x | €1.32 Million |
| 2023 | 6.79% | 10.99% | 0.30x | 2.04x | €-375.44K |
| 2024 | 6.61% | 7.81% | 0.47x | 1.80x | €-418.88K |
Industry Comparison
This section compares Pittler Maschinenfabrik AG's net assets metrics with peer companies in the Specialty Industrial Machinery industry.
Industry Context
- Industry: Specialty Industrial Machinery
- Average net assets among peers: $10,469,006,603
- Average return on equity (ROE) among peers: 8.73%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Pittler Maschinenfabrik AG (PIT) | €13.09 Million | 184.49% | 0.70x | $4.83 Million |
| MORIMATSU INT.H.C. (HK) (1S5) | $5.28 Billion | 13.97% | 0.69x | $915.38 Million |
| 2G Energy AG (2GB) | $108.62 Million | 15.09% | 0.95x | $670.96 Million |
| Eaton Corporation PLC (3EC) | $18.53 Billion | 20.47% | 1.07x | $131.02 Billion |
| MERUS POWER OYJ EO 1 (99H) | $9.53 Million | -27.84% | 1.80x | $34.28 Million |
| Aumann AG (AAG) | $201.72 Million | 10.66% | 0.61x | $170.49 Million |
| Atlas Copco A ADR (ACO) | $67.63 Billion | 26.81% | 1.02x | $64.34 Billion |
| ATS CORP. (ATO0) | $1.68 Billion | 11.50% | 1.43x | $2.67 Billion |
| Chongqing Machinery & Electric Co. Ltd (CE3) | $6.25 Billion | 8.19% | 1.18x | $424.46 Million |
| NEL ASA ADR/30 NK -20 (D7GA) | $4.98 Billion | -4.91% | 0.27x | $352.91 Million |
| Datron AG (DAR) | $17.16 Million | 13.37% | 0.27x | $30.88 Million |
About Pittler Maschinenfabrik AG
Pittler Maschinenfabrik AG, through its subsidiaries, engages in the development, manufacture, and distribution of precision tools in Germany and internationally. The company offers clamping systems and solutions for machine tool manufacturers. It is also involved in the rental of properties; and provision of consulting services in the technical and commercial areas. The company was founded in 18… Read more