Sonae SGPS SA
Sonae, SGPS, S.A. engages in retail, real estate, telecommunications, technology, and financial services businesses in Portugal and internationally. It retails various products in the food sector through Continente hypermarkets, Continente Modelo and Continente Bom Dia convenience supermarkets, and Meu Super franchised supermarkets; books and stationery products; under the Note! brand; and dogs a… Read more
Sonae SGPS SA (SON) - Net Assets
Latest net assets as of September 2025: €3.84 Billion EUR
Based on the latest financial reports, Sonae SGPS SA (SON) has net assets worth €3.84 Billion EUR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€11.13 Billion) and total liabilities (€7.29 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 | €3.84 Billion |
| % of Total Assets | 34.51% |
| Annual Growth Rate | 8.5% |
| 5-Year Change | 53.32% |
| 10-Year Change | N/A |
| Growth Volatility | 20.15 |
Sonae SGPS SA - Net Assets Trend (2015–2024)
This chart illustrates how Sonae SGPS SA's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Sonae SGPS SA (2015–2024)
The table below shows the annual net assets of Sonae SGPS SA from 2015 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €3.74 Billion | +8.06% |
| 2023-12-31 | €3.46 Billion | +4.26% |
| 2022-12-31 | €3.32 Billion | +5.56% |
| 2021-12-31 | €3.15 Billion | +28.92% |
| 2020-12-31 | €2.44 Billion | -21.46% |
| 2019-12-31 | €3.11 Billion | -5.54% |
| 2018-12-31 | €3.29 Billion | +54.04% |
| 2017-12-31 | €2.14 Billion | +3.42% |
| 2016-12-31 | €2.06 Billion | +15.02% |
| 2015-12-31 | €1.79 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Sonae 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 46.9% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €222.66 Million | 7.27% |
| Other Components | €2.84 Billion | 92.73% |
| Total Equity | €3.06 Billion | 100.00% |
Sonae SGPS SA Competitors by Market Cap
The table below lists competitors of Sonae SGPS SA ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Impulsora del Desarrollo y el Empleo en América Latina S.A.B. de C.V
MX:IDEALB-1
|
$3.46 Billion |
|
SkyWest Inc
NASDAQ:SKYW
|
$3.46 Billion |
|
Zealand Pharma A/S
PINK:ZLDPF
|
$3.46 Billion |
|
The Siam Cement Public Company Limited
PINK:SCVPF
|
$3.46 Billion |
|
Shandong Intco Medical Products Co Ltd
SHE:300677
|
$3.45 Billion |
|
Enerjisa Enerji AS
IS:ENJSA
|
$3.45 Billion |
|
USS Co. Ltd
F:USV
|
$3.45 Billion |
|
AGL Energy Limited
F:N9Z1
|
$3.45 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sonae SGPS SA's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,024,729,000 to 3,063,560,000, a change of 38,831,000 (1.3%).
- Net income of 222,665,000 contributed positively to equity growth.
- Dividend payments of 160,685,000 reduced retained earnings.
- Share repurchases of 5,570,000 reduced equity.
- New share issuances of 19,794,000 increased equity.
- Other factors decreased equity by 37,373,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €222.66 Million | +7.27% |
| Dividends Paid | €160.69 Million | -5.25% |
| Share Repurchases | €5.57 Million | -0.18% |
| Share Issuances | €19.79 Million | +0.65% |
| Other Changes | €-37.37 Million | -1.22% |
| Total Change | €- | 1.28% |
Book Value vs Market Value Analysis
This analysis compares Sonae 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: 1.23x
- 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 1.98x to 1.23x 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 | €0.98 | €1.95 | x |
| 2018-12-31 | €1.08 | €1.95 | x |
| 2019-12-31 | €1.12 | €1.95 | x |
| 2020-12-31 | €1.04 | €1.95 | x |
| 2021-12-31 | €1.33 | €1.95 | x |
| 2022-12-31 | €1.46 | €1.95 | x |
| 2023-12-31 | €1.57 | €1.95 | x |
| 2024-12-31 | €1.58 | €1.95 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sonae 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): 7.27%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.24%
- • Asset Turnover: 0.88x
- • Equity Multiplier: 3.70x
- Recent ROE (7.27%) is below the historical average (9.37%), 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 | 10.57% | 3.12% | 1.07x | 3.15x | €9.46 Million |
| 2016 | 11.36% | 4.00% | 0.98x | 2.91x | €25.71 Million |
| 2017 | 8.43% | 2.90% | 1.02x | 2.85x | €-30.97 Million |
| 2018 | 10.26% | 3.72% | 0.77x | 3.60x | €5.52 Million |
| 2019 | 7.75% | 2.57% | 0.71x | 4.24x | €-47.96 Million |
| 2020 | 3.56% | 1.04% | 0.84x | 4.09x | €-128.33 Million |
| 2021 | 10.53% | 3.81% | 0.84x | 3.27x | €13.53 Million |
| 2022 | 12.21% | 4.42% | 0.89x | 3.09x | €61.90 Million |
| 2023 | 11.80% | 4.25% | 0.95x | 2.92x | €54.59 Million |
| 2024 | 7.27% | 2.24% | 0.88x | 3.70x | €-83.69 Million |
Industry Comparison
This section compares Sonae SGPS SA's net assets metrics with peer companies in the Grocery Stores industry.
No peer company data available for comparison.