Holcim Ltd. (0QKY) - Net Assets
Based on the latest financial reports, Holcim Ltd. (0QKY) has net assets worth €26.78 Billion EUR as of December 2023. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€52.69 Billion) and total liabilities (€25.90 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 | €26.78 Billion |
| % of Total Assets | 50.84% |
| Annual Growth Rate | 3.06% |
| 5-Year Change | -14.97% |
| 10-Year Change | 33.17% |
| Growth Volatility | 23.73 |
Holcim Ltd. - Net Assets Trend (2012–2023)
This chart illustrates how Holcim Ltd.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Holcim Ltd. (2012–2023)
The table below shows the annual net assets of Holcim Ltd. from 2012 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | €26.78 Billion | -9.56% |
| 2022-12-31 | €29.61 Billion | -2.82% |
| 2021-12-31 | €30.47 Billion | +6.46% |
| 2020-12-31 | €28.62 Billion | -9.13% |
| 2019-12-31 | €31.50 Billion | +4.81% |
| 2018-12-31 | €30.05 Billion | -2.98% |
| 2017-12-31 | €30.98 Billion | -10.86% |
| 2016-12-31 | €34.75 Billion | -2.73% |
| 2015-12-31 | €35.72 Billion | +77.62% |
| 2014-12-31 | €20.11 Billion | +7.69% |
| 2013-12-31 | €18.68 Billion | -2.90% |
| 2012-12-31 | €19.23 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Holcim Ltd.'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 100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | €1.16 Billion | 4.45% |
| Other Comprehensive Income | €8.98 Billion | 34.53% |
| Other Components | €15.86 Billion | 61.01% |
| Total Equity | €26.00 Billion | 100.00% |
Holcim Ltd. Competitors by Market Cap
The table below lists competitors of Holcim Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Pembina Pipeline Corp
NYSE:PBA
|
$24.68 Billion |
|
Dai-ichi Life Holdings Inc
F:QHH
|
$24.76 Billion |
|
Eternal Limited
NSE:ETERNAL
|
$24.86 Billion |
|
SAMPO OYJ (SDR)/1
F:SMP
|
$24.86 Billion |
|
PulteGroup Inc
NYSE:PHM
|
$24.66 Billion |
|
ANTA Sports Products Limited
F:AS7
|
$24.66 Billion |
|
DexCom Inc
NASDAQ:DXCM
|
$24.62 Billion |
|
Koninklijke Philips NV
AS:PHIA
|
$24.62 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Holcim Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 28,674,000,000 to 25,997,000,000, a change of -2,677,000,000 (-9.3%).
- Net income of 3,043,000,000 contributed positively to equity growth.
- Dividend payments of 1,441,000,000 reduced retained earnings.
- Share repurchases of 1,809,000,000 reduced equity.
- Other comprehensive income decreased equity by 921,000,000.
- Other factors decreased equity by 1,549,000,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €3.04 Billion | +11.71% |
| Dividends Paid | €1.44 Billion | -5.54% |
| Share Repurchases | €1.81 Billion | -6.96% |
| Other Comprehensive Income | €-921.00 Million | -3.54% |
| Other Changes | €-1.55 Billion | -5.96% |
| Total Change | €- | -9.34% |
Book Value vs Market Value Analysis
This analysis compares Holcim Ltd.'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: 1.62x
- 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 2.56x to 1.62x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-12-31 | €28.76 | €73.70 | x |
| 2013-12-31 | €28.35 | €73.70 | x |
| 2014-12-31 | €30.50 | €73.70 | x |
| 2015-12-31 | €54.88 | €73.70 | x |
| 2016-12-31 | €50.86 | €73.70 | x |
| 2017-12-31 | €46.06 | €73.70 | x |
| 2018-12-31 | €45.15 | €73.70 | x |
| 2019-12-31 | €47.10 | €73.70 | x |
| 2020-12-31 | €42.54 | €73.70 | x |
| 2021-12-31 | €45.24 | €73.70 | x |
| 2022-12-31 | €47.61 | €73.70 | x |
| 2023-12-31 | €45.49 | €73.70 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Holcim Ltd. 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): 11.71%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 11.27%
- • Asset Turnover: 0.51x
- • Equity Multiplier: 2.03x
- Recent ROE (11.71%) is above the historical average (5.40%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 3.71% | 2.88% | 0.51x | 2.51x | €-1.03 Billion |
| 2013 | 7.85% | 6.45% | 0.52x | 2.34x | €-348.50 Million |
| 2014 | 7.38% | 6.84% | 0.48x | 2.27x | €-456.00 Million |
| 2015 | -5.01% | -6.67% | 0.32x | 2.34x | €-4.71 Billion |
| 2016 | 5.67% | 6.50% | 0.39x | 2.26x | €-1.33 Billion |
| 2017 | -6.03% | -6.20% | 0.42x | 2.29x | €-4.45 Billion |
| 2018 | 5.58% | 5.47% | 0.46x | 2.22x | €-1.19 Billion |
| 2019 | 7.81% | 8.35% | 0.46x | 2.04x | €-626.60 Million |
| 2020 | 6.44% | 7.26% | 0.43x | 2.04x | €-928.10 Million |
| 2021 | 8.24% | 8.50% | 0.45x | 2.16x | €-488.50 Million |
| 2022 | 11.48% | 11.27% | 0.51x | 2.01x | €423.60 Million |
| 2023 | 11.71% | 11.27% | 0.51x | 2.03x | €443.30 Million |
Industry Comparison
This section compares Holcim Ltd.'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 |
|---|---|---|---|---|
| Holcim Ltd. (0QKY) | €26.78 Billion | 3.71% | 0.97x | $24.67 Billion |
| High Templar Tech Limited (0A2T) | $12.52 Billion | 4.70% | 0.13x | $264.25 Million |
| AIM ImmunoTech Inc. (0A4Y) | $13.44 Million | -69.96% | 0.54x | $54.52 |
| Strategy Inc (0A7O) | $-383.12 Million | 0.00% | 0.00x | $17.20K |
| NACON SASU (0A9N) | $210.72 Million | 8.63% | 0.51x | $25.66 |
| Antin Infrastructure Partners (0AA5) | $32.26 Million | 152.50% | 1.23x | $1.34K |
| Truecaller AB Series B (0AA7) | $1.51 Billion | 34.81% | 0.30x | $386.77 Million |
| Alfen N.V. (0AAO) | $6.93 Million | -3.79% | 7.11x | $1.23K |
| Brockhaus Technologies AG (0AAW) | $223.44 Million | -3.01% | 0.37x | $1.99K |
| Hyloris Pharmaceuticals S.A. (0AB6) | $55.05 Million | -19.57% | 0.12x | $138.34 Million |
| Kalray S.A. (0ABT) | $54.02 Million | -28.78% | 0.63x | $32.96 Million |
About Holcim Ltd.
Holcim AG, together with its subsidiaries, provides building materials and solutions in Europe, Latin America, and Asia, Middle East, and Africa. It provides foundation, flooring, walling and roofing products, including cement, clinker, and other cementitious materials; ready-mix concrete; aggregates, such as crushed stone, gravel, and sand; and precast, concrete products, asphalts, mortars, roof… Read more