Compagnie Generale des Etablissements Michelin SCA (0OFM) - Net Assets
Based on the latest financial reports, Compagnie Generale des Etablissements Michelin SCA (0OFM) has net assets worth €13.79 Billion EUR (≈ $16.12 Billion USD) as of June 2021. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€32.18 Billion ≈ $37.62 Billion USD) and total liabilities (€18.39 Billion ≈ $21.51 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 Compagnie Generale des Etablissements Mi (0OFM) asset resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €13.79 Billion |
| % of Total Assets | 42.84% |
| Annual Growth Rate | 4.49% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 5.37 |
Compagnie Generale des Etablissements Michelin SCA - Net Assets Trend (2016–2020)
This chart illustrates how Compagnie Generale des Etablissements Michelin SCA's net assets have evolved over time, based on quarterly financial data. Also explore Compagnie Generale des Etablissements Mi asset portfolio for the complete picture of this company's asset base.
Annual Net Assets for Compagnie Generale des Etablissements Michelin SCA (2016–2020)
The table below shows the annual net assets of Compagnie Generale des Etablissements Michelin SCA from 2016 to 2020. For live valuation and market cap data, see Compagnie Generale des Etablissements Mi (0OFM) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2020-12-31 | €12.63 Billion ≈ $14.77 Billion |
-4.48% |
| 2019-12-31 | €13.23 Billion ≈ $15.46 Billion |
+8.78% |
| 2018-12-31 | €12.16 Billion ≈ $14.21 Billion |
+8.30% |
| 2017-12-31 | €11.23 Billion ≈ $13.12 Billion |
+5.92% |
| 2016-12-31 | €10.60 Billion ≈ $12.39 Billion |
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Equity Component Analysis
This analysis shows how different components contribute to Compagnie Generale des Etablissements Michelin SCA'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 48.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2020)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €10.68 Billion | 84.55% |
| Common Stock | €357.00 Million | 2.83% |
| Other Components | €1.59 Billion | 12.63% |
| Total Equity | €12.63 Billion | 100.00% |
Compagnie Generale des Etablissements Michelin SCA Competitors by Market Cap
The table below lists competitors of Compagnie Generale des Etablissements Michelin SCA ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
ABL Bio Inc
KQ:298380
|
$5.04 Billion |
|
Subsea 7 S.A
F:SOCA
|
$5.04 Billion |
|
Jiangsu Boqian New Materials Stock Co Ltd
SHG:605376
|
$5.04 Billion |
|
ExlService Holdings Inc
NASDAQ:EXLS
|
$5.04 Billion |
|
TDG Holding Co Ltd
SHG:600330
|
$5.03 Billion |
|
Petronas Dagangan Bhd
KLSE:5681
|
$5.03 Billion |
|
ASM Pacific Technology Limited
F:AY7A
|
$5.03 Billion |
|
Parkland Fuel Corporation
TO:PKI
|
$5.03 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Compagnie Generale des Etablissements Michelin SCA's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2019 to 2020, total equity changed from 13,226,000,000 to 12,633,000,000, a change of -593,000,000 (-4.5%).
- Net income of 632,000,000 contributed positively to equity growth.
- Dividend payments of 357,000,000 reduced retained earnings.
- Share repurchases of 44,000,000 reduced equity.
- Other factors decreased equity by 824,000,000.
Equity Change Factors (2019 to 2020)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €632.00 Million | +5.0% |
| Dividends Paid | €357.00 Million | -2.83% |
| Share Repurchases | €44.00 Million | -0.35% |
| Other Changes | €-824.00 Million | -6.52% |
| Total Change | €- | -4.48% |
Book Value vs Market Value Analysis
This analysis compares Compagnie Generale des Etablissements Michelin SCA'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 Compagnie Generale des Etablissements Michelin SCA 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): 5.00%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.09%
- • Asset Turnover: 0.65x
- • Equity Multiplier: 2.50x
- Recent ROE (5.00%) is below the historical average (12.60%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 15.81% | 8.02% | 0.83x | 2.39x | €616.10 Million |
| 2017 | 15.14% | 7.74% | 0.87x | 2.25x | €577.40 Million |
| 2018 | 13.79% | 7.61% | 0.73x | 2.48x | €461.20 Million |
| 2019 | 13.24% | 7.26% | 0.76x | 2.40x | €428.40 Million |
| 2020 | 5.00% | 3.09% | 0.65x | 2.50x | €-631.30 Million |
Industry Comparison
This section compares Compagnie Generale des Etablissements Michelin SCA's net assets metrics with peer companies in the Automobiles & Auto Parts industry.
No peer company data available for comparison.
About Compagnie Generale des Etablissements Michelin SCA
Compagnie Générale des Établissements Michelin Société en commandite par actions manufactures and sells tires worldwide. The company offers tires for private use covering cars, racing, biking, motorcycles, scooters, and mopeds; and professional use, such as freight and people transport, agriculture, construction and industrial, mining and quarries, corporate fleets, tradesmen and professionals, c… Read more