Terna Rete Elettrica Nazionale SpA

LSE:0LBM UK
Market Cap
$20.59 Billion
€20.06 Billion EUR
Market Cap Rank
#1272 Global
#59 in UK
Share Price
€9.98
Change (1 day)
+0.06%
52-Week Range
€7.82 - €10.21
All Time High
€10.21
About

Terna S.p.A., together with its subsidiaries, provides electricity transmission and dispatching services in Italy, other Euro-area countries, and internationally. It operates through Regulated, Non-Regulated, and International segments. The company is involved in the design, construction, management, development, operation, and maintenance of national transmission grid; dispatching and metering; … Read more

Terna Rete Elettrica Nazionale SpA (0LBM) - Net Assets

Latest net assets as of June 2021: €4.44 Billion EUR

Based on the latest financial reports, Terna Rete Elettrica Nazionale SpA (0LBM) has net assets worth €4.44 Billion EUR as of June 2021.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€20.03 Billion) and total liabilities (€15.59 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 €4.44 Billion
% of Total Assets 22.15%
Annual Growth Rate 5.44%
5-Year Change N/A
10-Year Change N/A
Growth Volatility 1.36

Terna Rete Elettrica Nazionale SpA - Net Assets Trend (2016–2020)

This chart illustrates how Terna Rete Elettrica Nazionale 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 Terna Rete Elettrica Nazionale SpA (2016–2020)

The table below shows the annual net assets of Terna Rete Elettrica Nazionale SpA from 2016 to 2020.

Year Net Assets Change
2020-12-31 €4.37 Billion +4.28%
2019-12-31 €4.19 Billion +4.26%
2018-12-31 €4.02 Billion +5.68%
2017-12-31 €3.80 Billion +7.58%
2016-12-31 €3.54 Billion --

Equity Component Analysis

This analysis shows how different components contribute to Terna Rete Elettrica Nazionale 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 grown by 10.1% over the analyzed period, indicating profitable operations and earnings retention.
  • The company has 0.2% of equity in treasury stock, representing shares repurchased from the open market.

Current Equity Component Breakdown (December 2020)

Component Amount Percentage
Retained Earnings €3.40 Billion 77.87%
Common Stock €442.20 Million 10.12%
Treasury Stock €9.50 Million 0.22%
Other Components €534.30 Million 12.23%
Total Equity €4.37 Billion 100.00%

Terna Rete Elettrica Nazionale SpA Competitors by Market Cap

The table below lists competitors of Terna Rete Elettrica Nazionale SpA ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Terna Rete Elettrica Nazionale SpA's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2019 to 2020, total equity changed from 4,190,300,000 to 4,369,800,000, a change of 179,500,000 (4.3%).
  • Net income of 785,500,000 contributed positively to equity growth.
  • Dividend payments of 526,100,000 reduced retained earnings.
  • Other factors decreased equity by 79,900,000.

Equity Change Factors (2019 to 2020)

Factor Impact Contribution
Net Income €785.50 Million +17.98%
Dividends Paid €526.10 Million -12.04%
Other Changes €-79.90 Million -1.83%
Total Change €- 4.28%

Book Value vs Market Value Analysis

This analysis compares Terna Rete Elettrica Nazionale 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.

Insufficient data available to analyze book value vs market value.

Capital Efficiency Dashboard

This dashboard shows how efficiently Terna Rete Elettrica Nazionale 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): 17.98%
  • The company demonstrates strong efficiency in generating profits from shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 31.91%
  • • Asset Turnover: 0.12x
  • • Equity Multiplier: 4.72x
  • Recent ROE (17.98%) is above the historical average (17.93%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2016 17.91% 31.15% 0.13x 4.54x €279.56 Million
2017 18.10% 31.52% 0.13x 4.45x €307.97 Million
2018 17.58% 31.09% 0.13x 4.27x €304.68 Million
2019 18.07% 33.10% 0.13x 4.30x €338.27 Million
2020 17.98% 31.91% 0.12x 4.72x €348.52 Million

Industry Comparison

This section compares Terna Rete Elettrica Nazionale SpA's net assets metrics with peer companies in the same industry.

Industry Context

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Terna Rete Elettrica Nazionale SpA (0LBM) €4.44 Billion 17.91% 3.52x $14.40 Billion
Nyfosa AB (0A0K) $3.48 Billion 34.90% 2.92x $966.63 Million
Tethys Oil AB (0A1V) $56.23 Million 21.07% 0.01x $122.95 Million
High Templar Tech Limited (0A2T) $11.29 Billion 0.81% 0.10x $258.25 Million
Strategy Inc (0A7O) $361.50 Million 1.39% 0.55x $38.08 Billion
NACON SASU (0A9N) $210.72 Million 8.63% 0.51x $7.82 Million
Antin Infrastructure Partners (0AA5) $32.26 Million 152.50% 1.23x $545.92 Million
Truecaller AB Series B (0AA7) $1.51 Billion 34.81% 0.30x $277.14 Million
Brockhaus Technologies AG (0AAW) $315.34 Million 15.55% 1.46x $74.17 Million
Hyloris Pharmaceuticals S.A. (0AB6) $-10.19 Million 0.00% 0.00x $71.96 Million
Kalray S.A. (0ABT) $39.07 Million -59.55% 1.26x $33.84 Million