Terna - Rete Elettrica Nazionale Società per Azioni (UEI) - Net Assets
Based on the latest financial reports, Terna - Rete Elettrica Nazionale Società per Azioni (UEI) has net assets worth €7.53 Billion EUR as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€28.08 Billion) and total liabilities (€20.55 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 | €7.53 Billion |
| % of Total Assets | 26.81% |
| Annual Growth Rate | 8.94% |
| 5-Year Change | 70.84% |
| 10-Year Change | 125.48% |
| Growth Volatility | 7.97 |
Terna - Rete Elettrica Nazionale Società per Azioni - Net Assets Trend (2013–2024)
This chart illustrates how Terna - Rete Elettrica Nazionale Società per Azioni's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Terna - Rete Elettrica Nazionale Società per Azioni (2013–2024)
The table below shows the annual net assets of Terna - Rete Elettrica Nazionale Società per Azioni from 2013 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €7.54 Billion | +18.93% |
| 2023-12-31 | €6.34 Billion | +2.82% |
| 2022-12-31 | €6.17 Billion | +30.90% |
| 2021-12-31 | €4.71 Billion | +6.73% |
| 2020-12-31 | €4.42 Billion | +4.35% |
| 2019-12-31 | €4.23 Billion | +4.38% |
| 2018-12-31 | €4.05 Billion | +5.88% |
| 2017-12-31 | €3.83 Billion | +7.70% |
| 2016-12-31 | €3.56 Billion | +6.26% |
| 2015-12-31 | €3.35 Billion | +8.18% |
| 2014-12-31 | €3.09 Billion | +5.18% |
| 2013-12-31 | €2.94 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Terna - Rete Elettrica Nazionale Società per Azioni'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 158.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €4.65 Billion | 61.82% |
| Other Components | €2.87 Billion | 38.18% |
| Total Equity | €7.52 Billion | 100.00% |
Terna - Rete Elettrica Nazionale Società per Azioni Competitors by Market Cap
The table below lists competitors of Terna - Rete Elettrica Nazionale Società per Azioni ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
JSC National Atomic Company Kazatomprom
IL:KAP
|
$18.08 Billion |
|
Henderson Land Development Company Limited
F:HLD
|
$18.08 Billion |
|
Geberit AG
SW:GEBN
|
$18.11 Billion |
|
Chocoladefabriken Lindt & Spruengli AG N
SW:LISN
|
$18.11 Billion |
|
Sichuan Biokin Pharmaceutical Co. Ltd. A
SHG:688506
|
$18.03 Billion |
|
Bank of Hangzhou Co Ltd
SHG:600926
|
$18.02 Billion |
|
Gold Circuit Electronics Ltd
TW:2368
|
$18.02 Billion |
|
TELUS
F:BCZ
|
$18.01 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Terna - Rete Elettrica Nazionale Società per Azioni's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 6,324,400,000 to 7,524,200,000, a change of 1,199,800,000 (19.0%).
- Net income of 1,061,900,000 contributed positively to equity growth.
- Dividend payments of 690,600,000 reduced retained earnings.
- Other factors increased equity by 828,500,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €1.06 Billion | +14.11% |
| Dividends Paid | €690.60 Million | -9.18% |
| Other Changes | €828.50 Million | +11.01% |
| Total Change | €- | 18.97% |
Book Value vs Market Value Analysis
This analysis compares Terna - Rete Elettrica Nazionale Società per Azioni'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: 2.65x
- 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 5.26x to 2.65x 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 | €1.89 | €9.95 | x |
| 2018-12-31 | €2.00 | €9.95 | x |
| 2019-12-31 | €2.08 | €9.95 | x |
| 2020-12-31 | €2.18 | €9.95 | x |
| 2021-12-31 | €2.33 | €9.95 | x |
| 2022-12-31 | €3.06 | €9.95 | x |
| 2023-12-31 | €3.15 | €9.95 | x |
| 2024-12-31 | €3.75 | €9.95 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Terna - Rete Elettrica Nazionale Società per Azioni 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): 14.11%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 29.12%
- • Asset Turnover: 0.13x
- • Equity Multiplier: 3.61x
- Recent ROE (14.11%) is below the historical average (16.80%), 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 | 17.47% | 27.80% | 0.13x | 5.01x | €219.54 Million |
| 2014 | 17.60% | 28.29% | 0.13x | 4.87x | €235.21 Million |
| 2015 | 17.93% | 29.40% | 0.13x | 4.65x | €263.42 Million |
| 2016 | 17.91% | 31.10% | 0.13x | 4.54x | €279.56 Million |
| 2017 | 18.10% | 31.47% | 0.13x | 4.45x | €307.97 Million |
| 2018 | 17.58% | 31.09% | 0.13x | 4.26x | €304.68 Million |
| 2019 | 18.07% | 32.94% | 0.13x | 4.30x | €338.27 Million |
| 2020 | 17.98% | 31.88% | 0.12x | 4.72x | €348.52 Million |
| 2021 | 16.86% | 31.04% | 0.11x | 4.78x | €321.21 Million |
| 2022 | 13.95% | 29.50% | 0.13x | 3.71x | €242.80 Million |
| 2023 | 14.00% | 28.13% | 0.13x | 3.71x | €252.96 Million |
| 2024 | 14.11% | 29.12% | 0.13x | 3.61x | €309.48 Million |
Industry Comparison
This section compares Terna - Rete Elettrica Nazionale Società per Azioni's net assets metrics with peer companies in the Utilities - Regulated Electric industry.
Industry Context
- Industry: Utilities - Regulated Electric
- Average net assets among peers: $30,735,185,345
- Average return on equity (ROE) among peers: 4.59%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Terna - Rete Elettrica Nazionale Società per Azioni (UEI) | €7.53 Billion | 17.47% | 2.73x | $18.03 Billion |
| Fjordkraft Holding ASA (1ZK) | $1.52 Billion | 12.66% | 4.49x | $345.71 Million |
| 53V (53V) | $12.30 Billion | 13.73% | 0.15x | $3.96 Billion |
| GUYANA FRONTIER (58S) | $13.09 Billion | -17.32% | 1.28x | $2.98 Billion |
| INNOVATEC S.P.A. (5JT) | $30.68 Million | 20.76% | 7.37x | $16.24 Million |
| HOKURIKU EL. PWR (6HO) | $252.28 Billion | -35.06% | 6.16x | $1.26 Billion |
| EVISO SPA (6Z8) | $18.26 Million | -6.04% | 2.60x | $185.69 Million |
| Hydro One Limited (8H1) | $10.61 Billion | 16.86% | 1.86x | $22.24 Billion |
| PNM Resources Inc (98P) | $2.12 Billion | 8.17% | 2.75x | $5.52 Billion |
| CLP Holdings Limited (CLP) | $5.67 Billion | 21.10% | 0.83x | $20.34 Billion |
| CMS ENERGY PRF.SH.C DL25 (CSG0) | $9.71 Billion | 11.03% | 3.11x | $1.66K |
About Terna - Rete Elettrica Nazionale Società per Azioni
Terna S.p.A., together with its subsidiaries, provides electricity transmission and dispatching services in Italy, other Euro-area countries, and internationally. It operates through Regulated, Non-Regulated, and International segments. The company is involved in the design, construction, management, development, operation, and maintenance of national transmission grid; dispatching and metering; … Read more