ACS Actividades de Construccion y Servicios SA (ACS) - Net Assets
Based on the latest financial reports, ACS Actividades de Construccion y Servicios SA (ACS) has net assets worth €4.42 Billion EUR as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€41.30 Billion) and total liabilities (€36.88 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 | €4.42 Billion |
| % of Total Assets | 10.7% |
| Annual Growth Rate | -12.86% |
| 5-Year Change | 19.62% |
| 10-Year Change | -1.58% |
| Growth Volatility | 55.89 |
ACS Actividades de Construccion y Servicios SA - Net Assets Trend (2000–2024)
This chart illustrates how ACS Actividades de Construccion y Servicios 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 ACS Actividades de Construccion y Servicios SA (2000–2024)
The table below shows the annual net assets of ACS Actividades de Construccion y Servicios SA from 2000 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €5.11 Billion | -9.16% |
| 2023-12-31 | €5.63 Billion | -11.69% |
| 2022-12-31 | €6.38 Billion | -9.28% |
| 2021-12-31 | €7.03 Billion | +64.37% |
| 2020-12-31 | €4.28 Billion | -22.20% |
| 2019-12-31 | €5.50 Billion | -9.24% |
| 2018-12-31 | €6.06 Billion | +17.27% |
| 2017-12-31 | €5.16 Billion | +3.66% |
| 2016-12-31 | €4.98 Billion | -4.14% |
| 2015-12-31 | €5.20 Billion | +6.11% |
| 2014-12-31 | €4.90 Billion | -10.77% |
| 2013-12-31 | €5.49 Billion | -3.90% |
| 2012-12-31 | €5.71 Billion | -7.75% |
| 2011-12-31 | €6.19 Billion | +39.37% |
| 2010-12-31 | €4.44 Billion | -3.25% |
| 2009-12-31 | €4.59 Billion | -53.68% |
| 2008-12-31 | €9.91 Billion | -5.06% |
| 2007-12-31 | €10.44 Billion | +220.64% |
| 2006-12-31 | €3.26 Billion | +23.56% |
| 2005-12-31 | €2.64 Billion | +18.56% |
| 2004-12-31 | €2.22 Billion | +17.27% |
| 2003-12-31 | €1.90 Billion | +88.84% |
| 2002-12-31 | €1.00 Billion | +7.16% |
| 2001-12-31 | €936.81 Million | -99.33% |
| 2000-12-31 | €139.24 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to ACS Actividades de Construccion y Servicios 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 decreased by 42.4% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €8.33 Billion | 176.71% |
| Common Stock | €135.83 Million | 2.88% |
| Other Comprehensive Income | €-3.56 Billion | -75.53% |
| Total Equity | €4.71 Billion | 100.00% |
ACS Actividades de Construccion y Servicios SA Competitors by Market Cap
The table below lists competitors of ACS Actividades de Construccion y Servicios SA ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Nestle India Limited
NSE:NESTLEIND
|
$26.81 Billion |
|
Samsung SDI
KO:006400
|
$26.86 Billion |
|
Gulf Energy Development Public Company Limited
BK:GULF
|
$26.89 Billion |
|
AVIC Chengdu Aircraft Co Ltd Class A
SHE:302132
|
$26.95 Billion |
|
Teck Resources Ltd Class B
NYSE:TECK
|
$26.76 Billion |
|
CK Hutchison Holdings Ltd
F:2CK
|
$26.63 Billion |
|
George Weston Limited
TO:WN
|
$26.62 Billion |
|
DASSAULT AVIAT.INH.EO-80
F:DAU0
|
$26.61 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in ACS Actividades de Construccion y Servicios SA's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 5,329,419,000 to 4,714,213,000, a change of -615,206,000 (-11.5%).
- Net income of 827,580,000 contributed positively to equity growth.
- Dividend payments of 368,128,000 reduced retained earnings.
- Share repurchases of 625,349,000 reduced equity.
- New share issuances of 1,757,000 increased equity.
- Other comprehensive income decreased equity by 1,060,428,000.
- Other factors increased equity by 609,362,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €827.58 Million | +17.55% |
| Dividends Paid | €368.13 Million | -7.81% |
| Share Repurchases | €625.35 Million | -13.27% |
| Share Issuances | €1.76 Million | +0.04% |
| Other Comprehensive Income | €-1.06 Billion | -22.49% |
| Other Changes | €609.36 Million | +12.93% |
| Total Change | €- | -11.54% |
Book Value vs Market Value Analysis
This analysis compares ACS Actividades de Construccion y Servicios 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: 6.73x
- 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 decreased from 76.43x to 6.73x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2001-12-31 | €1.60 | €122.60 | x |
| 2002-12-31 | €1.73 | €122.60 | x |
| 2003-12-31 | €3.14 | €122.60 | x |
| 2004-12-31 | €3.66 | €122.60 | x |
| 2005-12-31 | €4.06 | €122.60 | x |
| 2006-12-31 | €5.09 | €122.60 | x |
| 2007-12-31 | €7.72 | €122.60 | x |
| 2008-12-31 | €6.20 | €122.60 | x |
| 2009-12-31 | €7.90 | €122.60 | x |
| 2010-12-31 | €8.46 | €122.60 | x |
| 2011-12-31 | €6.39 | €122.60 | x |
| 2012-12-31 | €8.44 | €122.60 | x |
| 2013-12-31 | €10.39 | €122.60 | x |
| 2014-12-31 | €9.64 | €122.60 | x |
| 2015-12-31 | €10.87 | €122.60 | x |
| 2016-12-31 | €7.65 | €122.60 | x |
| 2017-12-31 | €7.69 | €122.60 | x |
| 2018-12-31 | €9.40 | €122.60 | x |
| 2019-12-31 | €10.09 | €122.60 | x |
| 2020-12-31 | €12.01 | €122.60 | x |
| 2021-12-31 | €22.33 | €122.60 | x |
| 2022-12-31 | €20.78 | €122.60 | x |
| 2023-12-31 | €20.47 | €122.60 | x |
| 2024-12-31 | €18.22 | €122.60 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently ACS Actividades de Construccion y Servicios 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): 17.55%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.99%
- • Asset Turnover: 0.99x
- • Equity Multiplier: 8.91x
- Recent ROE (17.55%) is below the historical average (21.39%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2001 | 16.38% | 3.81% | 1.01x | 4.26x | €58.15 Million |
| 2002 | 18.50% | 4.10% | 0.90x | 5.01x | €83.37 Million |
| 2003 | 12.78% | 2.60% | 0.79x | 6.25x | €49.86 Million |
| 2004 | 21.51% | 4.13% | 0.87x | 5.99x | €242.10 Million |
| 2005 | 24.53% | 5.02% | 0.68x | 7.14x | €360.57 Million |
| 2006 | 40.12% | 9.01% | 0.55x | 8.08x | €938.52 Million |
| 2007 | 33.33% | 10.11% | 0.31x | 10.66x | €1.09 Billion |
| 2008 | 53.05% | 11.27% | 0.31x | 15.11x | €1.46 Billion |
| 2009 | 49.80% | 13.73% | 0.49x | 7.38x | €1.71 Billion |
| 2010 | 32.42% | 9.46% | 0.42x | 8.18x | €937.02 Million |
| 2011 | 28.98% | 3.38% | 0.59x | 14.46x | €630.03 Million |
| 2012 | -72.52% | -5.02% | 0.92x | 15.65x | €-2.19 Billion |
| 2013 | 21.47% | 1.99% | 0.88x | 12.17x | €374.75 Million |
| 2014 | 23.64% | 2.06% | 0.89x | 12.96x | €413.74 Million |
| 2015 | 21.20% | 2.08% | 0.99x | 10.31x | €383.22 Million |
| 2016 | 20.97% | 2.35% | 0.96x | 9.32x | €392.83 Million |
| 2017 | 21.43% | 2.30% | 1.09x | 8.52x | €427.72 Million |
| 2018 | 20.86% | 2.50% | 1.07x | 7.82x | €476.75 Million |
| 2019 | 16.21% | 1.83% | 1.01x | 8.74x | €274.05 Million |
| 2020 | 16.27% | 1.96% | 0.78x | 10.58x | €221.16 Million |
| 2021 | 48.08% | 10.94% | 0.78x | 5.63x | €2.41 Billion |
| 2022 | 12.05% | 1.99% | 0.89x | 6.77x | €113.49 Million |
| 2023 | 14.64% | 2.18% | 0.98x | 6.85x | €247.18 Million |
| 2024 | 17.55% | 1.99% | 0.99x | 8.91x | €356.16 Million |
Industry Comparison
This section compares ACS Actividades de Construccion y Servicios SA's net assets metrics with peer companies in the Engineering & Construction industry.
Industry Context
- Industry: Engineering & Construction
- Average net assets among peers: $773,746,798
- Average return on equity (ROE) among peers: 6.60%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| ACS Actividades de Construccion y Servicios SA (ACS) | €4.42 Billion | 16.38% | 8.35x | $26.81 Billion |
| Acciona (ANA) | $3.77 Billion | 10.27% | 3.85x | $11.79 Billion |
| CLERHP Estructuras S.A (CLR) | $-1.78 Million | 0.00% | 0.00x | $100.82 Million |
| Elecnor S.A (ENO) | $619.88 Million | 19.33% | 3.94x | $2.40 Billion |
| Enerside Energy S.A. (ENRS) | $44.17 Million | -31.04% | 0.99x | $43.58 Million |
| Grupo Ezentis S.A (EZE) | $-106.85 Million | 0.00% | 0.00x | $48.37 Million |
| Grenergy Renovables S.A (GRE) | $244.81 Million | 4.21% | 2.62x | $3.37 Billion |
| Grupo Empresarial San Jose SA (GSJ) | $182.14 Million | 6.64% | 4.12x | $552.72 Million |
| Duro Felguera (MDF) | $186.76 Million | 37.55% | 5.12x | $37.01 Million |
| Obrascon Huarte Lain SA (OHLA) | $2.02 Billion | 12.45% | 5.22x | $536.39 Million |
About ACS Actividades de Construccion y Servicios SA
ACS, Actividades de Construcción y Servicios, S.A. provides construction and related services in Spain, the United States, Australia, Canada, Germany, rest of Europe, and internationally. The company undertakes civil construction activities related to building infrastructure, such as highways, motorways, railways, maritime hydraulic, and airport works, residential buildings, and non-residential b… Read more