Galp Energia SGPS S.A. (GALP) - Net Assets
Based on the latest financial reports, Galp Energia SGPS S.A. (GALP) has net assets worth €5.10 Billion EUR (≈ $5.97 Billion USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€15.51 Billion ≈ $18.13 Billion USD) and total liabilities (€10.40 Billion ≈ $12.16 Billion 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. Check Galp Energia SGPS S.A. tangible equity quality to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €5.10 Billion |
| % of Total Assets | 32.91% |
| Annual Growth Rate | 6.18% |
| 5-Year Change | 37.54% |
| 10-Year Change | -8.87% |
| Growth Volatility | 27.32 |
Galp Energia SGPS S.A. - Net Assets Trend (2000–2024)
This chart illustrates how Galp Energia SGPS S.A.'s net assets have evolved over time, based on quarterly financial data. See GALP days of operational coverage to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Galp Energia SGPS S.A. (2000–2024)
The table below shows the annual net assets of Galp Energia SGPS S.A. from 2000 to 2024. For live valuation and market cap data, see Galp Energia SGPS S.A. stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €5.64 Billion ≈ $6.59 Billion |
+5.82% |
| 2023-12-31 | €5.33 Billion ≈ $6.23 Billion |
+4.14% |
| 2022-12-31 | €5.12 Billion ≈ $5.98 Billion |
+28.89% |
| 2021-12-31 | €3.97 Billion ≈ $4.64 Billion |
-3.17% |
| 2020-12-31 | €4.10 Billion ≈ $4.79 Billion |
-27.52% |
| 2019-12-31 | €5.66 Billion ≈ $6.61 Billion |
-6.45% |
| 2018-12-31 | €6.05 Billion ≈ $7.07 Billion |
-0.54% |
| 2017-12-31 | €6.08 Billion ≈ $7.11 Billion |
-7.08% |
| 2016-12-31 | €6.54 Billion ≈ $7.65 Billion |
+5.74% |
| 2015-12-31 | €6.19 Billion ≈ $7.23 Billion |
-3.68% |
| 2014-12-31 | €6.42 Billion ≈ $7.51 Billion |
+0.14% |
| 2013-12-31 | €6.42 Billion ≈ $7.50 Billion |
-4.33% |
| 2012-12-31 | €6.71 Billion ≈ $7.84 Billion |
+127.98% |
| 2011-12-31 | €2.94 Billion ≈ $3.44 Billion |
+8.50% |
| 2010-12-31 | €2.71 Billion ≈ $3.17 Billion |
+13.50% |
| 2009-12-31 | €2.39 Billion ≈ $2.79 Billion |
+7.65% |
| 2008-12-31 | €2.22 Billion ≈ $2.59 Billion |
-8.55% |
| 2007-12-31 | €2.43 Billion ≈ $2.84 Billion |
+19.13% |
| 2006-12-31 | €2.04 Billion ≈ $2.38 Billion |
-7.92% |
| 2005-12-31 | €2.21 Billion ≈ $2.59 Billion |
+15.54% |
| 2004-12-31 | €1.91 Billion ≈ $2.24 Billion |
+14.26% |
| 2003-12-31 | €1.68 Billion ≈ $1.96 Billion |
+12.51% |
| 2002-12-31 | €1.49 Billion ≈ $1.74 Billion |
+3.39% |
| 2001-12-31 | €1.44 Billion ≈ $1.68 Billion |
+7.83% |
| 2000-12-31 | €1.34 Billion ≈ $1.56 Billion |
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Equity Component Analysis
This analysis shows how different components contribute to Galp Energia SGPS S.A.'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 755.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €2.42 Billion | 51.59% |
| Other Components | €2.27 Billion | 48.41% |
| Total Equity | €4.69 Billion | 100.00% |
Galp Energia SGPS S.A. Competitors by Market Cap
The table below lists competitors of Galp Energia SGPS S.A. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
JERONIMO MARTINS UN.ADR/2
F:JEM0
|
$13.46 Billion |
|
KT&G Corp
KO:033780
|
$13.46 Billion |
|
Pilbara Minerals Ltd
AU:PLS
|
$13.46 Billion |
|
Omega Healthcare Investors Inc
NYSE:OHI
|
$13.46 Billion |
|
Lamar Advertising Company
NASDAQ:LAMR
|
$13.45 Billion |
|
REA Group Ltd
AU:REA
|
$13.44 Billion |
|
China Galaxy Securities Co Ltd Class A
SHG:601881
|
$13.43 Billion |
|
Punjab National Bank
NSE:PNB
|
$13.42 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Galp Energia SGPS S.A.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 4,409,000,000 to 4,689,000,000, a change of 280,000,000 (6.4%).
- Net income of 1,040,000,000 contributed positively to equity growth.
- Dividend payments of 419,000,000 reduced retained earnings.
- Share repurchases of 351,000,000 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €1.04 Billion | +22.18% |
| Dividends Paid | €419.00 Million | -8.94% |
| Share Repurchases | €351.00 Million | -7.49% |
| Other Changes | €10.00 Million | +0.21% |
| Total Change | €- | 6.35% |
Book Value vs Market Value Analysis
This analysis compares Galp Energia SGPS S.A.'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: 2.89x
- 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 3.31x to 2.89x 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 | €5.57 | €18.44 | x |
| 2018-12-31 | €5.53 | €18.44 | x |
| 2019-12-31 | €5.33 | €18.44 | x |
| 2020-12-31 | €3.81 | €18.44 | x |
| 2021-12-31 | €3.68 | €18.44 | x |
| 2022-12-31 | €5.10 | €18.44 | x |
| 2023-12-31 | €5.70 | €18.44 | x |
| 2024-12-31 | €6.39 | €18.44 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Galp Energia SGPS S.A. 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): 22.18%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.88%
- • Asset Turnover: 1.27x
- • Equity Multiplier: 3.59x
- Recent ROE (22.18%) is above the historical average (13.13%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 3.46% | 0.66% | 1.20x | 4.40x | €-85.25 Million |
| 2001 | 6.88% | 1.40% | 1.20x | 4.09x | €-43.84 Million |
| 2002 | 7.84% | 1.65% | 1.17x | 4.06x | €-31.54 Million |
| 2003 | 14.99% | 3.34% | 1.22x | 3.68x | €82.33 Million |
| 2004 | 17.65% | 3.60% | 1.50x | 3.27x | €144.33 Million |
| 2005 | 20.24% | 3.97% | 1.77x | 2.88x | €223.56 Million |
| 2006 | 37.40% | 6.18% | 2.33x | 2.60x | €552.96 Million |
| 2007 | 32.30% | 6.18% | 2.18x | 2.39x | €536.19 Million |
| 2008 | 5.33% | 0.78% | 2.28x | 3.02x | €-102.41 Million |
| 2009 | 14.71% | 2.89% | 1.66x | 3.07x | €111.12 Million |
| 2010 | 16.48% | 3.14% | 1.53x | 3.42x | €173.49 Million |
| 2011 | 15.00% | 2.57% | 1.65x | 3.52x | €144.13 Million |
| 2012 | 6.36% | 1.85% | 1.33x | 2.58x | €-196.82 Million |
| 2013 | 3.66% | 0.96% | 1.43x | 2.66x | €-327.43 Million |
| 2015 | 2.57% | 0.79% | 1.22x | 2.68x | €-354.64 Million |
| 2016 | 3.60% | 1.37% | 1.05x | 2.50x | €-318.95 Million |
| 2017 | 13.29% | 4.04% | 1.23x | 2.68x | €152.10 Million |
| 2018 | 16.15% | 4.31% | 1.35x | 2.77x | €282.30 Million |
| 2019 | 8.80% | 2.35% | 1.20x | 3.12x | €-53.00 Million |
| 2020 | -17.44% | -4.84% | 0.91x | 3.95x | €-867.00 Million |
| 2021 | 0.13% | 0.02% | 1.08x | 4.89x | €-301.20 Million |
| 2022 | 35.45% | 5.50% | 1.67x | 3.87x | €1.06 Billion |
| 2023 | 28.17% | 5.98% | 1.25x | 3.77x | €801.10 Million |
| 2024 | 22.18% | 4.88% | 1.27x | 3.59x | €571.10 Million |
Industry Comparison
This section compares Galp Energia SGPS S.A.'s net assets metrics with peer companies in the Oil & Gas Integrated industry.
No peer company data available for comparison.
About Galp Energia SGPS S.A.
Galp Energia, SGPS, S.A. operates as an integrated energy operator in Portugal and internationally. It operates through four segments: Upstream, Industrial & Midstream, Commercial, and Renewables. The Upstream segment engages in the exploration, development, and production of hydrocarbons primarily in Brazil, Mozambique, Namibia, and Angola. The Industrial & Midstream segment involved in refining… Read more