MUEHLHAN
Give AG, together with its subsidiaries, provides surface protection and industrial services worldwide. It operates through four segments: Renewables, Ship, Construction/Infrastructure, and Oil & Gas. The Renewables segment offers surface-protection services to the renewable energy market primarily for wind turbines and transformer platforms in the offshore and onshore wind farms, as well as unde… Read more
MUEHLHAN (M4N) - Net Assets
Latest net assets as of June 2023: €42.75 Million EUR
Based on the latest financial reports, MUEHLHAN (M4N) has net assets worth €42.75 Million EUR as of June 2023.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€54.35 Million) and total liabilities (€11.61 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 | €42.75 Million |
| % of Total Assets | 78.65% |
| Annual Growth Rate | -0.91% |
| 5-Year Change | -5.53% |
| 10-Year Change | N/A |
| Growth Volatility | 9.06 |
MUEHLHAN - Net Assets Trend (2016–2022)
This chart illustrates how MUEHLHAN's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for MUEHLHAN (2016–2022)
The table below shows the annual net assets of MUEHLHAN from 2016 to 2022.
| Year | Net Assets | Change |
|---|---|---|
| 2022-12-31 | €64.48 Million | -16.62% |
| 2021-12-31 | €77.34 Million | +11.82% |
| 2020-12-31 | €69.16 Million | -3.62% |
| 2019-12-31 | €71.76 Million | +5.13% |
| 2018-12-31 | €68.26 Million | +4.58% |
| 2017-12-31 | €65.27 Million | -4.17% |
| 2016-12-31 | €68.11 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to MUEHLHAN'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 21.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2022)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €24.97 Million | 39.17% |
| Other Components | €38.78 Million | 60.83% |
| Total Equity | €63.75 Million | 100.00% |
MUEHLHAN Competitors by Market Cap
The table below lists competitors of MUEHLHAN ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Team Precision Public Company Limited
BK:TEAM
|
$12.29 Million |
|
Genie Networks Limited
TWO:8298
|
$12.29 Million |
|
Malayan United Industries Bhd
KLSE:3891
|
$12.30 Million |
|
Higher Way Electronic Co Ltd
TWO:3268
|
$12.30 Million |
|
MCT Bhd
KLSE:5182
|
$12.29 Million |
|
Nuclear Fuels Inc.
OTCQX:NFUNF
|
$12.29 Million |
|
Navarre Minerals Limited
PINK:NVMLF
|
$12.28 Million |
|
SENSEONICS HLGS.INC.-001
F:6L6
|
$12.28 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in MUEHLHAN's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2021 to 2022, total equity changed from 70,520,000 to 63,749,000, a change of -6,771,000 (-9.6%).
- Net income of 3,555,000 contributed positively to equity growth.
- Dividend payments of 15,238,000 reduced retained earnings.
- Other factors increased equity by 4,912,000.
Equity Change Factors (2021 to 2022)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €3.56 Million | +5.58% |
| Dividends Paid | €15.24 Million | -23.9% |
| Other Changes | €4.91 Million | +7.71% |
| Total Change | €- | -9.60% |
Book Value vs Market Value Analysis
This analysis compares MUEHLHAN'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: 0.42x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | €3.25 | €1.38 | x |
| 2018-12-31 | €3.39 | €1.38 | x |
| 2019-12-31 | €3.58 | €1.38 | x |
| 2020-12-31 | €3.37 | €1.38 | x |
| 2021-12-31 | €3.64 | €1.38 | x |
| 2022-12-31 | €3.29 | €1.38 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently MUEHLHAN 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): 5.58%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.23%
- • Asset Turnover: 3.67x
- • Equity Multiplier: 1.23x
- Recent ROE (5.58%) is below the historical average (6.30%), 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 | 3.07% | 0.78% | 1.74x | 2.27x | €-4.46 Million |
| 2017 | 6.48% | 1.64% | 1.70x | 2.31x | €-2.21 Million |
| 2018 | 7.64% | 1.87% | 1.77x | 2.31x | €-1.54 Million |
| 2019 | 9.16% | 2.14% | 1.68x | 2.54x | €-577.60K |
| 2020 | 0.47% | 0.12% | 1.61x | 2.47x | €-6.23 Million |
| 2021 | 11.73% | 2.77% | 2.02x | 2.10x | €1.22 Million |
| 2022 | 5.58% | 1.23% | 3.67x | 1.23x | €-2.82 Million |
Industry Comparison
This section compares MUEHLHAN's net assets metrics with peer companies in the Engineering & Construction industry.
Industry Context
- Industry: Engineering & Construction
- Average net assets among peers: $69,564,602,508
- Average return on equity (ROE) among peers: 3.53%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| MUEHLHAN (M4N) | €42.75 Million | 3.07% | 0.27x | $12.29 Million |
| ARTHA RESOURCES (16T) | $43.60 Million | 10.03% | 2.01x | $62.19 Million |
| Wee Hur Holdings Ltd (3YM) | $610.37 Million | 0.11% | 1.24x | $159.84 Million |
| China Aluminum International Engineering Corporation Limited (4AI) | $15.64 Billion | -12.64% | 2.49x | $133.20 Million |
| Rai Way S.p.A (4RW) | $188.69 Million | 45.96% | 1.49x | $565.61 Million |
| PT Wijaya Karya (Persero) Tbk (5AA) | $37.29 Billion | 15.09% | 14.30x | $25.67 Million |
| Metallurgical Corporation of China Ltd (6MT) | $97.32 Billion | 6.23% | 3.26x | $1.81 Billion |
| Greening Group Global S.A. (70I) | $19.46 Million | -65.62% | 7.53x | $35.04K |
| Train Alliance Sweden AB (publ) (7EF) | $1.32 Billion | 1.47% | 0.19x | $36.20 Million |
| Monadelphous Group Ltd (8MP) | $368.10 Million | 28.75% | 1.16x | $1.60 Billion |
| INFRONEER Holdings Inc. (96L) | $542.85 Billion | 5.97% | 1.67x | $2.38 Billion |