Estoril Sol SGPS SA (ESON) - Net Assets

Latest as of December 2025: €93.57 Million EUR ≈ $109.39 Million USD

Based on the latest financial reports, Estoril Sol SGPS SA (ESON) has net assets worth €93.57 Million EUR (≈ $109.39 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€299.52 Million ≈ $350.17 Million USD) and total liabilities (€205.95 Million ≈ $240.77 Million USD). 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. For live market cap and overall valuation, see ESON market cap.

Key Net Assets Metrics

Metric	Value
Current Net Assets	€93.57 Million
% of Total Assets	31.24%
Annual Growth Rate	-19.46%
5-Year Change	-0.91%
10-Year Change	20.37%
Growth Volatility	25.16

Estoril Sol SGPS SA - Net Assets Trend (2000–2025)

This chart illustrates how Estoril Sol SGPS SA's net assets have evolved over time, based on quarterly financial data.

Annual Net Assets for Estoril Sol SGPS SA (2000–2025)

The table below shows the annual net assets of Estoril Sol SGPS SA from 2000 to 2025. See how leveraged is Estoril Sol SGPS SA's balance sheet to measure how much of total assets are equity-financed.

Year	Net Assets	Change
2025-12-31	€93.57 Million ≈ $109.39 Million	-23.03%
2024-12-31	€121.57 Million ≈ $142.13 Million	-8.19%
2023-12-31	€132.42 Million ≈ $154.81 Million	-1.58%
2022-12-31	€134.54 Million ≈ $157.29 Million	+42.48%
2021-12-31	€94.43 Million ≈ $110.40 Million	+11.61%
2020-12-31	€84.61 Million ≈ $98.91 Million	-18.32%
2019-12-31	€103.58 Million ≈ $121.10 Million	+7.98%
2018-12-31	€95.93 Million ≈ $112.15 Million	+10.86%
2017-12-31	€86.53 Million ≈ $101.16 Million	+11.31%
2016-12-31	€77.73 Million ≈ $90.88 Million	+10.07%
2015-12-31	€70.62 Million ≈ $82.56 Million	+6.31%
2014-12-31	€66.43 Million ≈ $77.66 Million	-1.90%
2013-12-31	€67.72 Million ≈ $79.17 Million	-1.30%
2012-12-31	€68.61 Million ≈ $80.21 Million	-11.36%
2011-12-31	€77.40 Million ≈ $90.49 Million	-12.73%
2010-12-31	€88.69 Million ≈ $103.69 Million	+1.51%
2009-12-31	€87.37 Million ≈ $102.14 Million	+11.74%
2008-12-31	€78.19 Million ≈ $91.41 Million	-14.29%
2007-12-31	€91.22 Million ≈ $106.65 Million	+16.00%
2006-12-31	€78.64 Million ≈ $91.94 Million	+18.15%
2005-12-31	€66.56 Million ≈ $77.82 Million	-40.06%
2004-12-31	€111.05 Million ≈ $129.83 Million	-0.04%
2003-12-31	€111.09 Million ≈ $129.88 Million	-2.29%
2002-12-31	€113.70 Million ≈ $132.93 Million	+5.43%
2001-12-31	€107.84 Million ≈ $126.08 Million	-99.48%
2000-12-31	€20.91 Billion ≈ $24.44 Billion	--

Equity Component Analysis

This analysis shows how different components contribute to Estoril Sol SGPS SA'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 2525246700.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Other Components	€112.72 Million	128.87%
Total Equity	€87.46 Million	100.00%

Estoril Sol SGPS SA Competitors by Market Cap

The table below lists competitors of Estoril Sol SGPS SA ranked by their market capitalization.

Company	Market Cap
UBIVELOX Inc KQ:089850	$40.33 Million
JCH Systems Inc KQ:033320	$40.33 Million
HS Valve Co. Ltd KQ:039610	$40.35 Million
Indiabulls Enterprises Limited NSE:IEL	$40.37 Million
Jinxin Technology Holding Company American Depositary Shares NASDAQ:NAMI	$40.33 Million
Webstep ASA OL:WSTEP	$40.32 Million
Gemfields Group Limited F:5PH	$40.32 Million
Demisas Dokum Emaye Mamulleri Sanayi AS IS:DMSAS	$40.32 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Estoril Sol SGPS SA's equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from 113,012,827 to 87,464,360, a change of -25,548,467 (-22.6%).
Net loss of 25,252,467 reduced equity.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	€-25.25 Million	-28.87%
Other Changes	€-296.00K	-0.34%
Total Change	€-	-22.61%

Book Value vs Market Value Analysis

This analysis compares Estoril Sol SGPS SA'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: 0.41x
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
2003-12-31	€9.18	€3.00	x
2004-12-31	€9.19	€3.00	x
2005-12-31	€5.39	€3.00	x
2006-12-31	€6.58	€3.00	x
2007-12-31	€7.63	€3.00	x
2008-12-31	€6.55	€3.00	x
2009-12-31	€7.25	€3.00	x
2010-12-31	€7.42	€3.00	x
2011-12-31	€6.49	€3.00	x
2012-12-31	€5.75	€3.00	x
2013-12-31	€5.68	€3.00	x
2014-12-31	€5.57	€3.00	x
2015-12-31	€5.92	€3.00	x
2016-12-31	€6.42	€3.00	x
2017-12-31	€6.98	€3.00	x
2018-12-31	€7.75	€3.00	x
2019-12-31	€8.14	€3.00	x
2020-12-31	€6.44	€3.00	x
2021-12-31	€7.40	€3.00	x
2022-12-31	€10.18	€3.00	x
2023-12-31	€10.65	€3.00	x
2024-12-31	€9.47	€3.00	x
2025-12-31	€7.33	€3.00	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Estoril Sol SGPS SA 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): -28.87%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -22.67%
• Asset Turnover: 0.37x
• Equity Multiplier: 3.42x
Recent ROE (-28.87%) is below the historical average (2.81%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2003	-19.18%	-11.12%	0.49x	3.55x	€-32.15 Million
2004	6.52%	3.95%	0.44x	3.76x	€-3.83 Million
2005	4.93%	1.63%	0.52x	5.80x	€-3.27 Million
2006	24.25%	8.44%	0.54x	5.33x	€11.21 Million
2007	17.95%	6.46%	0.71x	3.93x	€7.25 Million
2008	-11.45%	-3.47%	0.75x	4.40x	€-16.77 Million
2009	10.53%	3.77%	0.76x	3.68x	€460.57K
2010	4.85%	1.89%	0.82x	3.14x	€-4.57 Million
2011	-10.74%	-3.90%	0.83x	3.31x	€-16.05 Million
2012	-13.10%	-4.74%	0.82x	3.37x	€-15.85 Million
2013	-1.31%	-1.10%	0.39x	3.10x	€-7.66 Million
2014	-2.61%	-2.21%	0.41x	2.88x	€-8.38 Million
2015	5.94%	4.81%	0.50x	2.47x	€-2.87 Million
2016	8.56%	7.08%	0.57x	2.10x	€-1.10 Million
2017	12.82%	10.31%	0.69x	1.80x	€2.35 Million
2018	14.88%	12.86%	0.65x	1.77x	€4.51 Million
2019	14.93%	13.06%	0.65x	1.76x	€4.78 Million
2020	-16.81%	-17.44%	0.58x	1.66x	€-20.59 Million
2021	21.67%	23.73%	0.61x	1.51x	€10.31 Million
2022	27.05%	24.48%	0.77x	1.44x	€20.70 Million
2023	4.45%	4.67%	0.35x	2.71x	€-7.06 Million
2024	-10.67%	-10.47%	0.35x	2.89x	€-23.36 Million
2025	-28.87%	-22.67%	0.37x	3.42x	€-34.00 Million

Industry Comparison

This section compares Estoril Sol SGPS SA's net assets metrics with peer companies in the Resorts & Casinos industry.

No peer company data available for comparison.

About Estoril Sol SGPS SA

LS:ESON Portugal Resorts & Casinos

Market Cap

$41.85 Million

€35.79 Million EUR

Market Cap Rank

#22817 Global

#30 in Portugal

Share Price

€3.00

Change (1 day)

+0.00%

52-Week Range

€2.96 - €4.40

All Time High

€11.38