Subsea 7 S.A
Subsea 7 S.A. delivers offshore projects and services for the energy industry worldwide. The company offers subsea field development products and services, including project management, design and engineering, procurement, fabrication, survey, installation, and commissioning of production facilities on the seabed and the tie-back of its facilities to fixed or floating platforms or to the shore. I… Read more
Subsea 7 S.A (SOCA) - Net Assets
Latest net assets as of September 2025: €4.29 Billion EUR
Based on the latest financial reports, Subsea 7 S.A (SOCA) has net assets worth €4.29 Billion EUR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€8.31 Billion) and total liabilities (€4.03 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 | €4.29 Billion |
| % of Total Assets | 51.56% |
| Annual Growth Rate | -3.12% |
| 5-Year Change | 0.94% |
| 10-Year Change | N/A |
| Growth Volatility | 7.98 |
Subsea 7 S.A - Net Assets Trend (2016–2024)
This chart illustrates how Subsea 7 S.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 Subsea 7 S.A (2016–2024)
The table below shows the annual net assets of Subsea 7 S.A from 2016 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €4.29 Billion | -1.43% |
| 2023-12-31 | €4.36 Billion | -2.10% |
| 2022-12-31 | €4.45 Billion | -0.86% |
| 2021-12-31 | €4.49 Billion | +5.50% |
| 2020-12-31 | €4.26 Billion | -20.66% |
| 2019-12-31 | €5.36 Billion | -6.27% |
| 2018-12-31 | €5.72 Billion | -3.69% |
| 2017-12-31 | €5.94 Billion | +7.30% |
| 2016-12-31 | €5.54 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Subsea 7 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 decreased by 24.4% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €1.82 Billion | 42.93% |
| Other Components | €2.43 Billion | 57.07% |
| Total Equity | €4.25 Billion | 100.00% |
Subsea 7 S.A Competitors by Market Cap
The table below lists competitors of Subsea 7 S.A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Beijer Ref AB (publ)
ST:BEIJ-B
|
$4.68 Billion |
|
Lumine Group Inc.
PINK:LMGIF
|
$4.68 Billion |
|
Hotai Motor Co Ltd
TW:2207
|
$4.69 Billion |
|
China Shipbuilding Industry Group Power Co Ltd
SHG:600482
|
$4.69 Billion |
|
Croda International Plc
PINK:COIHF
|
$4.68 Billion |
|
CPAY34
SA:CPAY34
|
$4.67 Billion |
|
HACHIJUNI BK
F:5FI
|
$4.67 Billion |
|
The Gap, Inc.
NYSE:GAP
|
$4.67 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Subsea 7 S.A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 4,323,000,000 to 4,250,400,000, a change of -72,600,000 (-1.7%).
- Net income of 201,400,000 contributed positively to equity growth.
- Dividend payments of 162,900,000 reduced retained earnings.
- Other factors decreased equity by 111,100,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €201.40 Million | +4.74% |
| Dividends Paid | €162.90 Million | -3.83% |
| Other Changes | €-111.10 Million | -2.61% |
| Total Change | €- | -1.68% |
Book Value vs Market Value Analysis
This analysis compares Subsea 7 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: 1.60x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 1.27x to 1.60x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | €18.09 | €23.00 | x |
| 2018-12-31 | €17.81 | €23.00 | x |
| 2019-12-31 | €17.83 | €23.00 | x |
| 2020-12-31 | €14.20 | €23.00 | x |
| 2021-12-31 | €14.16 | €23.00 | x |
| 2022-12-31 | €14.20 | €23.00 | x |
| 2023-12-31 | €14.39 | €23.00 | x |
| 2024-12-31 | €14.38 | €23.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Subsea 7 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): 4.74%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.95%
- • Asset Turnover: 0.89x
- • Equity Multiplier: 1.81x
- Recent ROE (4.74%) is above the historical average (-0.16%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 7.81% | 12.22% | 0.46x | 1.40x | €-122.35 Million |
| 2017 | 7.72% | 11.41% | 0.51x | 1.31x | €-134.46 Million |
| 2018 | 3.21% | 4.48% | 0.54x | 1.33x | €-385.84 Million |
| 2019 | -1.57% | -2.29% | 0.51x | 1.36x | €-616.47 Million |
| 2020 | -25.85% | -31.53% | 0.55x | 1.49x | €-1.52 Billion |
| 2021 | 0.76% | 0.63% | 0.72x | 1.67x | €-386.58 Million |
| 2022 | 1.39% | 1.11% | 0.74x | 1.68x | €-355.06 Million |
| 2023 | 0.36% | 0.26% | 0.74x | 1.87x | €-416.90 Million |
| 2024 | 4.74% | 2.95% | 0.89x | 1.81x | €-223.64 Million |
Industry Comparison
This section compares Subsea 7 S.A's net assets metrics with peer companies in the Oil & Gas Equipment & Services industry.
Industry Context
- Industry: Oil & Gas Equipment & Services
- Average net assets among peers: $6,087,981,590
- Average return on equity (ROE) among peers: -20.73%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Subsea 7 S.A (SOCA) | €4.29 Billion | 7.81% | 0.94x | $4.68 Billion |
| Aker Solutions OL (1AKA) | $7.91 Billion | -19.47% | 2.39x | $1.62 Billion |
| Honghua Group Limited (4HB) | $4.96 Billion | 10.84% | 1.87x | $71.31 Million |
| Solaris Oilfield Infrastructure Inc (68S) | $409.66 Million | 12.70% | 0.23x | $2.44 Billion |
| Moreld ASA (C28) | $697.93 Million | -101.91% | 9.30x | $44.87 Million |
| China Oilfield Services Limited (CO9) | $42.26 Billion | 7.13% | 0.97x | $2.32 Billion |
| Dril-Quip Inc (DQU) | $1.25 Billion | 16.76% | 0.16x | $490.49 Million |
| FRANKS INTL N.V. EO -01 (FK2) | $1.03 Billion | -8.77% | 0.15x | $1.46 Billion |
| Viridien Société anonyme (GDG) | $1.12 Billion | 4.44% | 1.53x | $786.17 Million |
| Shengli Oil & Gas Pipe Holdings Limited (GSG) | $1.24 Billion | -11.15% | 0.94x | $23.09 Million |
| Dolfines SA (JPZ) | $3.46 Million | -117.87% | 1.65x | $10.52K |