Centrotec SE
Centrotec SE operates as an investment company in Germany and internationally. It primarily focuses on investing in industrial portfolio of companies, real estate developments, and financial asset management in public and private sectors. The company was incorprorated in 2020 and is based in Brilon, Germany.
Centrotec SE (CEV) - Net Assets
Latest net assets as of September 2020: €228.35 Million EUR
Based on the latest financial reports, Centrotec SE (CEV) has net assets worth €228.35 Million EUR as of September 2020.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€623.46 Million) and total liabilities (€395.11 Million). 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 | €228.35 Million |
| % of Total Assets | 36.63% |
| Annual Growth Rate | 6.25% |
| 5-Year Change | 34.45% |
| 10-Year Change | N/A |
| Growth Volatility | 13.38 |
Centrotec SE - Net Assets Trend (2016–2022)
This chart illustrates how Centrotec SE's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Centrotec SE (2016–2022)
The table below shows the annual net assets of Centrotec SE from 2016 to 2022.
| Year | Net Assets | Change |
|---|---|---|
| 2022-12-31 | €346.19 Million | +16.17% |
| 2021-12-31 | €298.02 Million | +29.49% |
| 2019-12-31 | €230.15 Million | -3.91% |
| 2018-12-31 | €239.50 Million | -6.98% |
| 2017-12-31 | €257.48 Million | +7.02% |
| 2016-12-31 | €240.60 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Centrotec SE'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 81.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2022)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €35.05 Million | 10.23% |
| Other Components | €307.44 Million | 89.77% |
| Total Equity | €342.49 Million | 100.00% |
Centrotec SE Competitors by Market Cap
The table below lists competitors of Centrotec SE ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
GS Engineering & Construction
KO:006360
|
$620.85 Million |
|
7751
TWO:7751
|
$620.89 Million |
|
Heritage Insurance Hldgs Inc
NYSE:HRTG
|
$620.92 Million |
|
Pantoro Limited
F:RKN
|
$621.06 Million |
|
SEAZEN GROUP LTD. HD-001
F:6FLA
|
$620.31 Million |
|
Phathom Pharmaceuticals Inc
NASDAQ:PHAT
|
$620.30 Million |
|
Marcus & Millichap Inc
NYSE:MMI
|
$620.29 Million |
|
Bank BRISyariah Tbk PT
JK:BRIS
|
$620.17 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Centrotec SE's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2021 to 2022, total equity changed from 294,654,000 to 342,485,000, a change of 47,831,000 (16.2%).
- Net income of 35,050,000 contributed positively to equity growth.
- Dividend payments of 527,000 reduced retained earnings.
- Other factors increased equity by 13,308,000.
Equity Change Factors (2021 to 2022)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €35.05 Million | +10.23% |
| Dividends Paid | €527.00K | -0.15% |
| Other Changes | €13.31 Million | +3.89% |
| Total Change | €- | 16.23% |
Book Value vs Market Value Analysis
This analysis compares Centrotec SE'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: 2.40x
- 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 4.36x to 2.40x 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 | €14.32 | €62.50 | x |
| 2018-12-31 | €14.73 | €62.50 | x |
| 2019-12-31 | €14.16 | €62.50 | x |
| 2021-12-31 | €22.38 | €62.50 | x |
| 2022-12-31 | €26.01 | €62.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Centrotec SE 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): 10.23%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 10.84%
- • Asset Turnover: 0.36x
- • Equity Multiplier: 2.66x
- Recent ROE (10.23%) is below the historical average (10.35%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 8.93% | 3.75% | 1.20x | 1.98x | €-2.59 Million |
| 2017 | 7.83% | 3.40% | 1.02x | 2.25x | €-5.60 Million |
| 2018 | 5.29% | 2.06% | 1.08x | 2.37x | €-11.28 Million |
| 2019 | 10.18% | 3.60% | 1.11x | 2.56x | €418.00K |
| 2021 | 19.61% | 19.87% | 0.35x | 2.81x | €28.30 Million |
| 2022 | 10.23% | 10.84% | 0.36x | 2.66x | €801.50K |
Industry Comparison
This section compares Centrotec SE's net assets metrics with peer companies in the Building Products & Equipment industry.
Industry Context
- Industry: Building Products & Equipment
- Average net assets among peers: $520,553,109
- Average return on equity (ROE) among peers: -14.04%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Centrotec SE (CEV) | €228.35 Million | 8.93% | 1.73x | $620.50 Million |
| Zenergy AB (publ) (8T40) | $3.46 Million | -123.17% | 7.15x | $42.23K |
| CHINA GLASS HLDGS (C8G1) | $3.38 Billion | 21.80% | 2.07x | $187.21 Million |
| Borgestad ASA (H460) | $755.84 Million | -10.36% | 0.86x | $8.86 Million |
| Natural Cool Holdings Limited (N7E) | $15.53 Million | 8.93% | 5.06x | $2.11 Million |
| STEULER FLIESENGRUPPE (NST) | $41.06 Million | -7.92% | 1.48x | $9.80 |
| E-Globe S.p.A. (NZ0) | $9.64 Million | -18.35% | 1.18x | $3.99K |
| Recticel SA/NV (RCZ) | $264.98 Million | 10.89% | 1.78x | $396.43 Million |
| Roy Ceramics AG (RY8) | $135.67 Million | -18.57% | 0.03x | $13.68K |
| InnoTec TSS AG (TSS) | $80.77 Million | 10.41% | 0.29x | $38.76 Million |