SMG EUROPEAN RECOV. EO 1 (RCVR) - Net Assets
Based on the latest financial reports, SMG EUROPEAN RECOV. EO 1 (RCVR) has net assets worth €-15.11 Million EUR (≈ $-17.67 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 (€1.33 Million ≈ $1.55 Million USD) and total liabilities (€16.44 Million ≈ $19.22 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. Read total liabilities of SMG EUROPEAN RECOV. EO 1 for a breakdown of total debt and financial obligations.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €-15.11 Million |
| % of Total Assets | -1136.78% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
SMG EUROPEAN RECOV. EO 1 - Net Assets Trend (2021–2024)
This chart illustrates how SMG EUROPEAN RECOV. EO 1's net assets have evolved over time, based on quarterly financial data. Also explore RCVR asset base for the complete picture of this company's asset base.
Annual Net Assets for SMG EUROPEAN RECOV. EO 1 (2021–2024)
The table below shows the annual net assets of SMG EUROPEAN RECOV. EO 1 from 2021 to 2024. For live valuation and market cap data, see SMG EUROPEAN RECOV. EO 1 market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €-15.11 Million ≈ $-17.67 Million |
+7.29% |
| 2023-12-31 | €-16.30 Million ≈ $-19.06 Million |
-24.00% |
| 2022-12-31 | €-13.15 Million ≈ $-15.37 Million |
-1867.01% |
| 2021-12-31 | €-668.37K ≈ $-781.40K |
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Equity Component Analysis
This analysis shows how different components contribute to SMG EUROPEAN RECOV. EO 1'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 1514509700.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €820.00K | % |
| Total Equity | €-15.11 Million | 100.00% |
SMG EUROPEAN RECOV. EO 1 Competitors by Market Cap
The table below lists competitors of SMG EUROPEAN RECOV. EO 1 ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
SCRYB INC.
F:EIY
|
$301.47K |
|
Capital Metals PLC
LSE:CMET
|
$302.20K |
|
Arecor Therapeutics PLC
LSE:AREC
|
$303.20K |
|
FOXO Technologies Inc.
NYSE MKT:FOXO
|
$306.27K |
|
Cirata plc
LSE:CRTA
|
$299.79K |
|
Provexis plc
LSE:PXS
|
$299.70K |
|
Wag! Group Co.
NASDAQ:PET
|
$299.36K |
|
TUGA INNOVATIONS INC.
F:DQ5
|
$297.55K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in SMG EUROPEAN RECOV. EO 1's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -16,302,450 to -15,113,469, a change of 1,188,981.
- Net income of 1,188,981 contributed positively to equity growth.
- Share repurchases of 30,500,599 reduced equity.
- Other factors increased equity by 30,500,599.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €1.19 Million | +7.87% |
| Share Repurchases | €30.50 Million | -201.81% |
| Other Changes | €30.50 Million | +201.81% |
| Total Change | €- | % |
Book Value vs Market Value Analysis
This analysis compares SMG EUROPEAN RECOV. EO 1'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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | €-0.05 | €4.90 | x |
| 2022-12-31 | €-4.38 | €4.90 | x |
| 2023-12-31 | €-5.43 | €4.90 | x |
| 2024-12-31 | €-287.71 | €4.90 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently SMG EUROPEAN RECOV. EO 1 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): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is below the historical average (0.00%), 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 | 0.00% | 0.00% | 0.00x | 0.00x | €-1.83 Million |
| 2022 | 0.00% | 0.00% | 0.00x | 0.00x | €-11.86 Million |
| 2023 | 0.00% | 0.00% | 0.00x | 0.00x | €-1.53 Million |
| 2024 | 0.00% | 0.00% | 0.00x | 0.00x | €2.70 Million |
Industry Comparison
This section compares SMG EUROPEAN RECOV. EO 1's net assets metrics with peer companies in the Shell Companies industry.
Industry Context
- Industry: Shell Companies
- Average net assets among peers: $-1,126,798
- Average return on equity (ROE) among peers: 0.00%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| SMG EUROPEAN RECOV. EO 1 (RCVR) | €-15.11 Million | 0.00% | N/A | $300.93K |
| BRIG.M3 EUROP.ACQ.A-0001 (KN2) | $-1.13 Million | 0.00% | 0.00x | $107.30 Million |
About SMG EUROPEAN RECOV. EO 1
SMG Hospitality SE does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, share purchase, reorganization, or other similar businesses operating in the leisure and lodging sub-sectors of the real estate-related hospitality sector. The company was formerly known as SMG European Recovery SPAC SE and changed its name to SMG Hospitality SE in Ma… Read more