Martifer SGPS S.A (MAR) - Net Assets
Based on the latest financial reports, Martifer SGPS S.A (MAR) has net assets worth €77.57 Million EUR (≈ $90.69 Million USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€337.84 Million ≈ $394.97 Million USD) and total liabilities (€260.27 Million ≈ $304.28 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. Check MAR capital-intensive asset ratio to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €77.57 Million |
| % of Total Assets | 22.96% |
| Annual Growth Rate | 24.51% |
| 5-Year Change | 1337.21% |
| 10-Year Change | N/A |
| Growth Volatility | 219.3 |
Martifer SGPS S.A - Net Assets Trend (2015–2024)
This chart illustrates how Martifer SGPS S.A's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see MAR market cap overview.
Annual Net Assets for Martifer SGPS S.A (2015–2024)
The table below shows the annual net assets of Martifer SGPS S.A from 2015 to 2024. Also explore MAR net asset momentum to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €83.98 Million ≈ $98.18 Million |
+49.31% |
| 2023-12-31 | €56.24 Million ≈ $65.75 Million |
+60.32% |
| 2022-12-31 | €35.08 Million ≈ $41.01 Million |
+91.53% |
| 2021-12-31 | €18.32 Million ≈ $21.41 Million |
+213.48% |
| 2020-12-31 | €5.84 Million ≈ $6.83 Million |
+118.61% |
| 2019-12-31 | €-31.40 Million ≈ $-36.71 Million |
+36.86% |
| 2018-12-31 | €-49.73 Million ≈ $-58.13 Million |
-33.79% |
| 2017-12-31 | €-37.17 Million ≈ $-43.45 Million |
+1.97% |
| 2016-12-31 | €-37.91 Million ≈ $-44.32 Million |
-424.81% |
| 2015-12-31 | €11.67 Million ≈ $13.65 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Martifer 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 2348040900.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €23.00 Million | 29.03% |
| Other Components | €56.23 Million | 70.97% |
| Total Equity | €79.22 Million | 100.00% |
Martifer SGPS S.A Competitors by Market Cap
The table below lists competitors of Martifer SGPS S.A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Solstice Minerals Ltd
AU:SLS
|
$229.83 Million |
|
Natures Sunshine Products Inc
NASDAQ:NATR
|
$229.83 Million |
|
Senao International Co Ltd
TW:2450
|
$229.85 Million |
|
Advanced Information Technology Public Company Limited
BK:AIT
|
$229.87 Million |
|
UEM Edgenta Bhd
KLSE:1368
|
$229.67 Million |
|
Roche Bobois
PA:RBO
|
$229.53 Million |
|
Bitcoin Infrastructure Acquisition Corp Ltd. Class A Ordinary Shares
NASDAQ:BIXI
|
$229.52 Million |
|
Alro Slatina
RO:ALR
|
$229.45 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Martifer SGPS S.A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 55,452,666 to 79,223,004, a change of 23,770,338 (42.9%).
- Net income of 22,997,919 contributed positively to equity growth.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €23.00 Million | +29.03% |
| Other Changes | €772.42K | +0.97% |
| Total Change | €- | 42.87% |
Book Value vs Market Value Analysis
This analysis compares Martifer 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: 2.88x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | €-0.07 | €2.33 | x |
| 2018-12-31 | €-0.14 | €2.33 | x |
| 2019-12-31 | €0.08 | €2.33 | x |
| 2020-12-31 | €0.08 | €2.33 | x |
| 2021-12-31 | €0.19 | €2.33 | x |
| 2022-12-31 | €0.36 | €2.33 | x |
| 2023-12-31 | €0.57 | €2.33 | x |
| 2024-12-31 | €0.81 | €2.33 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Martifer 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): 29.03%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 9.03%
- • Asset Turnover: 0.73x
- • Equity Multiplier: 4.38x
- Recent ROE (29.03%) is below the historical average (55.87%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | -1.20% | -0.22% | 0.37x | 15.15x | €-4.49 Million |
| 2016 | 0.00% | -21.17% | 0.49x | 0.00x | €-42.81 Million |
| 2017 | 0.00% | 3.70% | 0.47x | 0.00x | €7.18 Million |
| 2018 | 0.00% | 0.65% | 0.63x | 0.00x | €2.69 Million |
| 2019 | 311.66% | 9.98% | 0.82x | 38.07x | €22.79 Million |
| 2020 | 85.26% | 2.79% | 0.84x | 36.51x | €5.56 Million |
| 2021 | 60.41% | 5.38% | 0.81x | 13.94x | €9.40 Million |
| 2022 | 38.06% | 7.01% | 0.77x | 7.01x | €9.84 Million |
| 2023 | 35.52% | 9.30% | 0.77x | 4.95x | €14.15 Million |
| 2024 | 29.03% | 9.03% | 0.73x | 4.38x | €15.08 Million |
Industry Comparison
This section compares Martifer SGPS S.A's net assets metrics with peer companies in the Engineering & Construction industry.
Industry Context
- Industry: Engineering & Construction
- Average net assets among peers: $312,206,353
- Average return on equity (ROE) among peers: -2.65%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Martifer SGPS S.A (MAR) | €77.57 Million | -1.20% | 3.36x | $229.79 Million |
| Conduril - Engenharia S.A (CDU) | $146.92 Million | -19.33% | 1.51x | $23.94 Million |
| Mota-Engil SGPS S.A (EGL) | $848.64 Million | 14.46% | 8.39x | $1.37 Billion |
| Imobiliária Construtora Grão Pará S.A. (GPA) | $21.72 Million | 0.00% | 0.96x | $355.75K |
| Teixeira Duarte (TDSA) | $231.55 Million | -5.73% | 6.34x | $203.70 Million |
About Martifer SGPS S.A
Martifer SGPS, S.A. operates in the metallic constructions and renewable energy development sectors in Portugal, Angola, Saudi Arabia, Europe, and internationally. It operates through three segments: Metallic Constructions, Naval Industry, and Renewables. The Metallic Constructions segment engages in the metallic constructions, construction of ships, aluminum and glass facades, industrial mainten… Read more