Fondul Proprietatea S.A. GDR
Fondul Proprietatea SA is a publicly owned investment manager. The firm invests in the public equity markets of Romania. The firm primarily invests in Power, Oil and Gas sectors. Fondul Proprietatea SA was founded in 2005 and is based in Bucharest, Romania.
Fondul Proprietatea S.A. GDR (FP) - Net Assets
Latest net assets as of September 2025: $2.02 Billion USD
Based on the latest financial reports, Fondul Proprietatea S.A. GDR (FP) has net assets worth $2.02 Billion USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($2.33 Billion) and total liabilities ($312.85 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 | $2.02 Billion |
| % of Total Assets | 86.6% |
| Annual Growth Rate | -16.64% |
| 5-Year Change | -78.98% |
| 10-Year Change | -82.06% |
| Growth Volatility | 29.34 |
Fondul Proprietatea S.A. GDR - Net Assets Trend (2014–2024)
This chart illustrates how Fondul Proprietatea S.A. GDR's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Fondul Proprietatea S.A. GDR (2014–2024)
The table below shows the annual net assets of Fondul Proprietatea S.A. GDR from 2014 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $2.16 Billion | -7.69% |
| 2023-12-31 | $2.34 Billion | -83.92% |
| 2022-12-31 | $14.57 Billion | +5.59% |
| 2021-12-31 | $13.80 Billion | +34.12% |
| 2020-12-31 | $10.29 Billion | -13.47% |
| 2019-12-31 | $11.89 Billion | +20.97% |
| 2018-12-31 | $9.83 Billion | -8.91% |
| 2017-12-31 | $10.79 Billion | -5.23% |
| 2016-12-31 | $11.39 Billion | -5.54% |
| 2015-12-31 | $12.05 Billion | -9.70% |
| 2014-12-31 | $13.35 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Fondul Proprietatea S.A. GDR'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 248495647000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $940.95 Million | 43.52% |
| Common Stock | $1.85 Billion | 85.53% |
| Total Equity | $2.16 Billion | 100.00% |
Fondul Proprietatea S.A. GDR Competitors by Market Cap
The table below lists competitors of Fondul Proprietatea S.A. GDR ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
GEM CO. LTD SP.GDR/10 A
F:3730
|
$5.79 Billion |
|
Sumitomo Metal Mining Co. Ltd
PINK:STMNF
|
$5.80 Billion |
|
Taylor Morn Home
NYSE:TMHC
|
$5.80 Billion |
|
APR LTD
KO:278470
|
$5.81 Billion |
|
Symbotic Inc
NASDAQ:SYM
|
$5.79 Billion |
|
China Resources Beer Holdings Co Ltd
PINK:CRHKF
|
$5.79 Billion |
|
Shanghai Fosun Pharmaceutical Group Co Ltd
SHG:600196
|
$5.78 Billion |
|
Bayan Resources Tbk
JK:BYAN
|
$5.78 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Fondul Proprietatea S.A. GDR's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,342,179,293 to 2,162,116,720, a change of -180,062,573 (-7.7%).
- Net income of 251,532,566 contributed positively to equity growth.
- Dividend payments of 852,446 reduced retained earnings.
- Share repurchases of 216,380,495 reduced equity.
- Other factors decreased equity by 214,362,198.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $251.53 Million | +11.63% |
| Dividends Paid | $852.45K | -0.04% |
| Share Repurchases | $216.38 Million | -10.01% |
| Other Changes | $-214.36 Million | -9.91% |
| Total Change | $- | -7.69% |
Book Value vs Market Value Analysis
This analysis compares Fondul Proprietatea S.A. GDR'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: 6.68x
- 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 3.75x to 6.68x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | $1.12 | $4.20 | x |
| 2017-12-31 | $1.20 | $4.20 | x |
| 2018-12-31 | $1.30 | $4.20 | x |
| 2019-12-31 | $1.68 | $4.20 | x |
| 2020-12-31 | $1.58 | $4.20 | x |
| 2021-12-31 | $2.32 | $4.20 | x |
| 2022-12-31 | $2.45 | $4.20 | x |
| 2023-12-31 | $0.44 | $4.20 | x |
| 2024-12-31 | $0.63 | $4.20 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Fondul Proprietatea S.A. GDR 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): 11.63%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 87.41%
- • Asset Turnover: 0.12x
- • Equity Multiplier: 1.13x
- Recent ROE (11.63%) is above the historical average (8.80%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 3.93% | 69.35% | 0.06x | 1.00x | $-691.63 Million |
| 2017 | 11.95% | 94.60% | 0.13x | 1.00x | $210.87 Million |
| 2018 | 9.51% | 91.90% | 0.10x | 1.00x | $-47.75 Million |
| 2019 | 26.36% | 97.36% | 0.27x | 1.00x | $1.94 Billion |
| 2020 | -1.00% | 0.00% | 0.00x | 1.01x | $-1.13 Billion |
| 2021 | 36.44% | 98.00% | 0.36x | 1.03x | $3.64 Billion |
| 2022 | 19.01% | 96.10% | 0.20x | 1.01x | $1.31 Billion |
| 2023 | -38.60% | 0.00% | -0.15x | 1.26x | $-1.14 Billion |
| 2024 | 11.63% | 87.41% | 0.12x | 1.13x | $35.32 Million |
Industry Comparison
This section compares Fondul Proprietatea S.A. GDR's net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $395,694,700
- Average return on equity (ROE) among peers: -81.73%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Fondul Proprietatea S.A. GDR (FP) | $2.02 Billion | 3.93% | 0.15x | $5.79 Billion |
| 3I Infrastructure PLC (3IN) | $1.09 Billion | 8.57% | 0.18x | $396.99K |
| 450 PLC (450) | $1.30 Million | -791.13% | 5.03x | $1.71K |
| abrdn Asian Income Fund Limited (AAIF) | $431.48 Million | 11.10% | 0.09x | $315.37 |
| Abrdn Asia Focus PLC (AAS) | $464.40 Million | -2.37% | 0.15x | $434.78 |
| Albion Technology & General VCT PLC (AATG) | $34.46 Million | 4.41% | 0.01x | $78.71 |
| Aberdeen Diversified Income and Growth Trust PLC (ADIG) | $492.42 Million | 0.00% | 0.32x | $16.61 |
| Aquila Energy Efficiency Trust PLC (AEET) | $97.38 Million | -0.64% | 0.00x | $2.38K |
| Aquila European Renewables Income PLC (AERI) | $320.23 Million | -9.29% | 0.00x | $2.45K |
| Artemis UK Future Leaders plc (AFL) | $84.35 Million | -40.52% | 0.02x | $401.26 |
| AVI Global Trust PLC (AGT) | $938.94 Million | 2.59% | 0.12x | $2.83 Million |