Fincantieri SpA
Fincantieri S.p.A. operates in the shipbuilding industry worldwide. Its Shipbuilding segment designs and constructs cruise ships; expedition cruise vessels; and naval vessels, such as aircraft carriers, destroyers, frigates, corvettes, patrol vessels, amphibious and logistic support ships, multirole and research vessels, special vessels, and submarines. The company's Offshore and Specialized Vess… Read more
Fincantieri SpA (0QWN) - Net Assets
Latest net assets as of June 2025: €870.53 Million EUR
Based on the latest financial reports, Fincantieri SpA (0QWN) has net assets worth €870.53 Million EUR as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€10.43 Billion) and total liabilities (€9.56 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 | €870.53 Million |
| % of Total Assets | 8.35% |
| Annual Growth Rate | 0.43% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 57.76 |
Fincantieri SpA - Net Assets Trend (2021–2024)
This chart illustrates how Fincantieri SpA's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Fincantieri SpA (2021–2024)
The table below shows the annual net assets of Fincantieri SpA from 2021 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €845.11 Million | +94.65% |
| 2023-12-31 | €434.16 Million | -26.03% |
| 2022-12-31 | €586.90 Million | -29.65% |
| 2021-12-31 | €834.24 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Fincantieri SpA'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 100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €849.46 Million | 100.00% |
| Total Equity | €849.46 Million | 100.00% |
Fincantieri SpA Competitors by Market Cap
The table below lists competitors of Fincantieri SpA ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
FormFactor Inc
NASDAQ:FORM
|
$6.89 Billion |
|
Shanghai 2345 Network Holding Group
SHE:002195
|
$6.89 Billion |
|
Synovus Financial Corp
NYSE:SNV
|
$6.89 Billion |
|
Minth Group Limited
PINK:MNTHY
|
$6.90 Billion |
|
M+G LS -05
F:7MP
|
$6.86 Billion |
|
Wipro Limited
NSE:WIPRO
|
$6.86 Billion |
|
Stifel Financial Corporation
NYSE:SF
|
$6.86 Billion |
|
ESCO Technologies Inc
NYSE:ESE
|
$6.85 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Fincantieri SpA's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 433,120,000 to 849,463,000, a change of 416,343,000 (96.1%).
- Net income of 32,833,000 contributed positively to equity growth.
- New share issuances of 388,873,000 increased equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €32.83 Million | +3.87% |
| Share Issuances | €388.87 Million | +45.78% |
| Other Changes | €-5.36 Million | -0.63% |
| Total Change | €- | 96.13% |
Book Value vs Market Value Analysis
This analysis compares Fincantieri SpA'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: 5.25x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has increased from 3.69x to 5.25x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | €3.74 | €13.81 | x |
| 2022-12-31 | €2.67 | €13.81 | x |
| 2023-12-31 | €1.99 | €13.81 | x |
| 2024-12-31 | €2.63 | €13.81 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Fincantieri SpA 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): 3.87%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.41%
- • Asset Turnover: 0.83x
- • Equity Multiplier: 11.26x
- Recent ROE (3.87%) is above the historical average (-14.61%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 2.66% | 0.32% | 0.75x | 11.09x | €-60.08 Million |
| 2022 | -52.75% | -4.20% | 0.84x | 14.88x | €-367.42 Million |
| 2023 | -12.20% | -0.71% | 0.86x | 20.11x | €-96.14 Million |
| 2024 | 3.87% | 0.41% | 0.83x | 11.26x | €-52.11 Million |
Industry Comparison
This section compares Fincantieri SpA's net assets metrics with peer companies in the Aerospace & Defense industry.
Industry Context
- Industry: Aerospace & Defense
- Average net assets among peers: $1,735,508,433
- Average return on equity (ROE) among peers: 0.68%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Fincantieri SpA (0QWN) | €870.53 Million | 2.66% | 10.98x | $6.87 Billion |
| Leonardo SpA (0ONG) | $8.56 Billion | 7.69% | 2.59x | $26.26 Billion |
| Defence Holdings Plc (ALRT) | $-231.00K | 0.00% | 0.00x | $437.81 |
| Avon Protection PLC (AVON) | $22.46 Million | 0.00% | 4.00x | $61.23K |
| Cohort (CHRT) | $85.05 Million | 6.42% | 1.24x | $67.49K |
| Velocity Composites plc (VEL) | $9.26 Million | -10.73% | 0.59x | $1.03K |