Carel Industries S.p.A.
Carel Industries S.p.A., together with its subsidiaries, designs, manufactures, markets, and distributes control and humidification solutions in Europe, the Middle East, Africa, North America, South America, and the Asia Pacific. The company offers programmable controls; terminals; specialized controls for heating, ventilation, and air-conditioning (HVAC); specialized controls for food retail and… Read more
Carel Industries S.p.A. (0YQA) - Net Assets
Latest net assets as of September 2025: €451.06 Million EUR
Based on the latest financial reports, Carel Industries S.p.A. (0YQA) has net assets worth €451.06 Million EUR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€849.64 Million) and total liabilities (€398.58 Million). 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 | €451.06 Million |
| % of Total Assets | 53.09% |
| Annual Growth Rate | 17.67% |
| 5-Year Change | 176.61% |
| 10-Year Change | N/A |
| Growth Volatility | 22.7 |
Carel Industries S.p.A. - Net Assets Trend (2015–2024)
This chart illustrates how Carel Industries S.p.A.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Carel Industries S.p.A. (2015–2024)
The table below shows the annual net assets of Carel Industries S.p.A. from 2015 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €441.54 Million | +11.45% |
| 2023-12-31 | €396.17 Million | +79.06% |
| 2022-12-31 | €221.25 Million | +30.24% |
| 2021-12-31 | €169.88 Million | +6.42% |
| 2020-12-31 | €159.62 Million | +11.45% |
| 2019-12-31 | €143.22 Million | +21.08% |
| 2018-12-31 | €118.29 Million | -0.02% |
| 2017-12-31 | €118.32 Million | +10.33% |
| 2016-12-31 | €107.23 Million | +5.09% |
| 2015-12-31 | €102.04 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Carel Industries S.p.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 259.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €215.61 Million | 49.57% |
| Common Stock | €11.25 Million | 2.59% |
| Other Comprehensive Income | €208.09 Million | 47.84% |
| Total Equity | €434.94 Million | 100.00% |
Carel Industries S.p.A. Competitors by Market Cap
The table below lists competitors of Carel Industries S.p.A. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shenzhen Overseas Chinese Town Co Ltd
SHE:000069
|
$1.14 Billion |
|
MRC Global Inc
NYSE:MRC
|
$1.14 Billion |
|
Guizhou Aviation Technical Development Co Ltd
SHG:688239
|
$1.14 Billion |
|
Anhui Andeli Department Store Co Ltd
SHG:603031
|
$1.14 Billion |
|
Weimob Inc
PINK:WEMXF
|
$1.14 Billion |
|
Shanghai Moons' Elec Co Ltd
SHG:603728
|
$1.14 Billion |
|
Guangdong Electric Power Development Co Ltd
SHE:000539
|
$1.14 Billion |
|
All Ring Tech Co Ltd
TWO:6187
|
$1.14 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Carel Industries S.p.A.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 376,422,000 to 434,944,000, a change of 58,522,000 (15.5%).
- Net income of 62,642,000 contributed positively to equity growth.
- Dividend payments of 21,374,000 reduced retained earnings.
- Other comprehensive income increased equity by 28,399,000.
- Other factors decreased equity by 11,145,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €62.64 Million | +14.4% |
| Dividends Paid | €21.37 Million | -4.91% |
| Other Comprehensive Income | €28.40 Million | +6.53% |
| Other Changes | €-11.14 Million | -2.56% |
| Total Change | €- | 15.55% |
Book Value vs Market Value Analysis
This analysis compares Carel Industries S.p.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: 5.56x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has increased from 2.19x to 5.56x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2015-12-31 | €9.82 | €21.50 | x |
| 2016-12-31 | €10.33 | €21.50 | x |
| 2017-12-31 | €11.46 | €21.50 | x |
| 2018-12-31 | €1.15 | €21.50 | x |
| 2019-12-31 | €1.39 | €21.50 | x |
| 2020-12-31 | €1.55 | €21.50 | x |
| 2021-12-31 | €1.51 | €21.50 | x |
| 2022-12-31 | €2.00 | €21.50 | x |
| 2023-12-31 | €3.73 | €21.50 | x |
| 2024-12-31 | €3.87 | €21.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Carel Industries S.p.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): 14.40%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 10.83%
- • Asset Turnover: 0.68x
- • Equity Multiplier: 1.96x
- Recent ROE (14.40%) is below the historical average (23.88%), 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 | 21.16% | 10.52% | 1.17x | 1.72x | €11.29 Million |
| 2016 | 23.60% | 10.87% | 1.13x | 1.93x | €14.47 Million |
| 2017 | 26.36% | 12.18% | 1.11x | 1.95x | €19.31 Million |
| 2018 | 26.00% | 10.95% | 0.88x | 2.69x | €18.88 Million |
| 2019 | 24.51% | 10.70% | 0.93x | 2.45x | €20.73 Million |
| 2020 | 22.04% | 10.59% | 0.80x | 2.60x | €19.18 Million |
| 2021 | 31.66% | 11.67% | 0.83x | 3.28x | €33.56 Million |
| 2022 | 30.25% | 11.40% | 0.83x | 3.18x | €41.59 Million |
| 2023 | 18.85% | 10.91% | 0.71x | 2.45x | €33.30 Million |
| 2024 | 14.40% | 10.83% | 0.68x | 1.96x | €19.15 Million |
Industry Comparison
This section compares Carel Industries S.p.A.'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 |
|---|---|---|---|---|
| Carel Industries S.p.A. (0YQA) | €451.06 Million | 21.16% | 0.88x | $1.14 Billion |
| Nyfosa AB (0A0K) | $13.33 Billion | 16.69% | 1.39x | $961.70 Million |
| Tethys Oil AB (0A1V) | $256.60 Million | 6.51% | 0.11x | $122.95 Million |
| High Templar Tech Limited (0A2T) | $12.04 Billion | -3.01% | 0.06x | $258.24 Million |
| Strategy Inc (0A7O) | $605.73 Million | 3.00% | 0.54x | $37.86 Billion |
| NACON SASU (0A9N) | $40.77 Million | 2.41% | 0.74x | $7.35 Million |
| Antin Infrastructure Partners (0AA5) | $32.26 Million | 152.50% | 1.23x | $579.46 Million |
| Truecaller AB Series B (0AA7) | $145.93 Million | -10.64% | 1.99x | $271.46 Million |
| Brockhaus Technologies AG (0AAW) | $315.34 Million | 15.55% | 1.46x | $75.78 Million |
| Hyloris Pharmaceuticals S.A. (0AB6) | $39.07 Million | -39.37% | 0.22x | $71.96 Million |
| Kalray S.A. (0ABT) | $54.02 Million | -28.78% | 0.63x | $33.84 Million |