Electrica SA
Societatea Energetica Electrica S.A., together with its subsidiaries, engages in electricity distribution and supply business in Romania. It operates through Electricity Supply, Electricity Distribution, and External Electricity Network Maintenance segments. The company provides electricity distribution services to electricity suppliers; and supplies electricity to consumers in North Muntenia, No… Read more
Electrica SA (ELSA) - Net Assets
Latest net assets as of June 2024: £5.42 Billion GBP
Based on the latest financial reports, Electrica SA (ELSA) has net assets worth £5.42 Billion GBP as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (£13.47 Billion) and total liabilities (£8.04 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 | £5.42 Billion |
| % of Total Assets | 40.28% |
| Annual Growth Rate | -0.86% |
| 5-Year Change | -4.11% |
| 10-Year Change | -15.15% |
| Growth Volatility | 23.48 |
Electrica SA - Net Assets Trend (2011–2023)
This chart illustrates how Electrica 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 Electrica SA (2011–2023)
The table below shows the annual net assets of Electrica SA from 2011 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | £5.36 Billion | -0.14% |
| 2022-12-31 | £5.37 Billion | +8.35% |
| 2021-12-31 | £4.95 Billion | -14.00% |
| 2020-12-31 | £5.76 Billion | +3.05% |
| 2019-12-31 | £5.59 Billion | -0.69% |
| 2018-12-31 | £5.63 Billion | +43.95% |
| 2017-12-31 | £3.91 Billion | -40.04% |
| 2016-12-31 | £6.52 Billion | +1.21% |
| 2015-12-31 | £6.44 Billion | +1.99% |
| 2014-12-31 | £6.32 Billion | +43.05% |
| 2013-12-31 | £4.42 Billion | -30.70% |
| 2012-12-31 | £6.37 Billion | +7.15% |
| 2011-12-31 | £5.95 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Electrica 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 grown by 32.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | £1.26 Billion | 23.49% |
| Common Stock | £3.46 Billion | 64.63% |
| Other Comprehensive Income | £159.54 Million | 2.98% |
| Other Components | £477.05 Million | 8.90% |
| Total Equity | £5.36 Billion | 100.00% |
Electrica SA Competitors by Market Cap
The table below lists competitors of Electrica SA ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Qwest Corp. NT
NYSE:CTBB
|
$181.69K |
|
Grayscale Decentralized Finance (DeFi) Fund LLC
OTCQB:DEFG
|
$181.70K |
|
Tff Pharmaceuticals Inc
NASDAQ:TFFP
|
$181.70K |
|
ALTCF
PINK:ALTCF
|
$181.83K |
|
EUROPLASMA EO 1-
F:1EZ0
|
$181.54K |
|
CORELENS S.A. ZY -10
F:9GK
|
$181.52K |
|
Nuveen Variable Rate Preferred & Income Fund
NYSE:NPFD
|
$181.41K |
|
Valencia Capital Inc
V:VAL-P
|
$181.28K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Electrica SA's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 5,367,762,000 to 5,360,415,000, a change of -7,347,000 (-0.1%).
- Net income of 772,217,000 contributed positively to equity growth.
- Dividend payments of 40,136,000 reduced retained earnings.
- Other comprehensive income increased equity by 67,419,000.
- Other factors decreased equity by 806,847,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | £772.22 Million | +14.41% |
| Dividends Paid | £40.14 Million | -0.75% |
| Other Comprehensive Income | £67.42 Million | +1.26% |
| Other Changes | £-806.85 Million | -15.05% |
| Total Change | £- | -0.14% |
Book Value vs Market Value Analysis
This analysis compares Electrica 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: 1.00x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 0.14x to 1.00x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2011-12-31 | £112.37 | £15.80 | x |
| 2012-12-31 | £120.31 | £15.80 | x |
| 2013-12-31 | £19.34 | £15.80 | x |
| 2014-12-31 | £75.27 | £15.80 | x |
| 2015-12-31 | £66.22 | £15.80 | x |
| 2016-12-31 | £63.73 | £15.80 | x |
| 2017-12-31 | £46.12 | £15.80 | x |
| 2018-12-31 | £66.40 | £15.80 | x |
| 2019-12-31 | £65.94 | £15.80 | x |
| 2020-12-31 | £67777.50 | £15.80 | x |
| 2021-12-31 | £58.35 | £15.80 | x |
| 2022-12-31 | £63.23 | £15.80 | x |
| 2023-12-31 | £15.79 | £15.80 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Electrica 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): 14.41%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.87%
- • Asset Turnover: 0.77x
- • Equity Multiplier: 2.38x
- Recent ROE (14.41%) is above the historical average (4.76%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | -2.16% | -2.11% | 0.57x | 1.81x | £-636.70 Million |
| 2012 | 6.35% | 6.78% | 0.53x | 1.76x | £-204.70 Million |
| 2013 | 4.99% | 3.49% | 0.65x | 2.21x | £-180.50 Million |
| 2014 | 5.23% | 5.71% | 0.62x | 1.48x | £-262.82 Million |
| 2015 | 6.46% | 6.59% | 0.66x | 1.49x | £-198.69 Million |
| 2016 | 6.27% | 6.46% | 0.66x | 1.48x | £-211.82 Million |
| 2017 | 6.57% | 53.40% | 0.12x | 1.03x | £-134.03 Million |
| 2018 | 4.09% | 4.10% | 0.75x | 1.34x | £-332.45 Million |
| 2019 | 3.70% | 3.29% | 0.80x | 1.40x | £-352.28 Million |
| 2020 | 6.73% | 5.96% | 0.81x | 1.40x | £-188.48 Million |
| 2021 | -11.16% | -7.70% | 0.91x | 1.59x | £-1.05 Billion |
| 2022 | 10.41% | 5.58% | 0.86x | 2.17x | £22.18 Million |
| 2023 | 14.41% | 7.87% | 0.77x | 2.38x | £236.18 Million |
Industry Comparison
This section compares Electrica SA's net assets metrics with peer companies in the Other industry.
Industry Context
- Industry: Other
- Average net assets among peers: $12,934,693,934
- Average return on equity (ROE) among peers: 18.10%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Electrica SA (ELSA) | £5.42 Billion | -2.16% | 1.48x | $181.62K |
| Aviva plc 8.75% CUM IRRD PRF GBP1 (AV-A) | $9.08 Billion | 0.00% | 0.03x | $127.42 |
| Bristol Water Holdings UK Limited 8.75% CUM IRRD PRF GBP1 (BWRA) | $89.30 Million | 14.67% | 3.88x | $170.12 |
| Edita Food Industries Company (S.A.E) (EFID) | $3.45 Billion | 44.22% | 1.25x | $11.91K |
| Northern Electric plc 8.061P(NET)CUM IRRD PRF 1P (NTEA) | $1.17 Billion | 9.07% | 1.57x | $151.83 |
| Telecom Egypt Company S.A.E (TEEG) | $50.88 Billion | 22.53% | 1.96x | $25.98K |