Audax Renovables S.A.
Audax Renovables, S.A. engages in the generation and supply of renewable electricity and gas in Spain, Portugal, Italy, Poland, Germany, Netherlands, France, Panama, and Hungary. The company has a portfolio of wind and photovoltaic farms with a capacity of 1,037 megawatts. It also sells electricity and gas. The company was incorporated in 2000 and is based in Badalona, Spain. Audax Renovables, S.… Read more
Audax Renovables S.A. (ADX) - Net Assets
Latest net assets as of September 2025: €230.07 Million EUR
Based on the latest financial reports, Audax Renovables S.A. (ADX) has net assets worth €230.07 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 (€1.29 Billion) and total liabilities (€1.06 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 | €230.07 Million |
| % of Total Assets | 17.77% |
| Annual Growth Rate | 10.72% |
| 5-Year Change | 48.27% |
| 10-Year Change | 118.03% |
| Growth Volatility | 2053.0 |
Audax Renovables S.A. - Net Assets Trend (2003–2024)
This chart illustrates how Audax Renovables S.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 Audax Renovables S.A. (2003–2024)
The table below shows the annual net assets of Audax Renovables S.A. from 2003 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €223.94 Million | +29.26% |
| 2023-12-31 | €173.25 Million | +27.60% |
| 2022-12-31 | €135.77 Million | -8.83% |
| 2021-12-31 | €148.92 Million | -1.40% |
| 2020-12-31 | €151.04 Million | -3.00% |
| 2019-12-31 | €155.71 Million | +0.99% |
| 2018-12-31 | €154.18 Million | +90.68% |
| 2017-12-31 | €80.86 Million | +13.63% |
| 2016-12-31 | €71.16 Million | -30.72% |
| 2015-12-31 | €102.72 Million | -24.37% |
| 2014-12-31 | €135.81 Million | +2.42% |
| 2013-12-31 | €132.60 Million | -1.30% |
| 2012-12-31 | €134.35 Million | -36.38% |
| 2011-12-31 | €211.16 Million | -38.27% |
| 2010-12-31 | €342.07 Million | -10.11% |
| 2009-12-31 | €380.53 Million | -0.19% |
| 2008-12-31 | €381.27 Million | +98.20% |
| 2007-12-31 | €192.36 Million | +333.82% |
| 2006-12-31 | €44.34 Million | +8.97% |
| 2005-12-31 | €40.69 Million | -98.42% |
| 2004-12-31 | €2.57 Billion | +9650.40% |
| 2003-12-31 | €26.37 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Audax Renovables S.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 6056200000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €60.56 Million | 28.77% |
| Common Stock | €45.34 Million | 21.54% |
| Other Comprehensive Income | €-311.48 Million | -147.97% |
| Other Components | €416.08 Million | 197.66% |
| Total Equity | €210.51 Million | 100.00% |
Audax Renovables S.A. Competitors by Market Cap
The table below lists competitors of Audax Renovables S.A. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Natural Alternatives International
NASDAQ:NAII
|
$11.62 Million |
|
Samart Telcoms Public Company Limited
BK:SAMTEL
|
$11.63 Million |
|
Hung Thinh Incons JSC
VN:HTN
|
$11.63 Million |
|
MClean Technologies Bhd
KLSE:0167
|
$11.63 Million |
|
Holy Stone Healthcare Co., Ltd.
TWO:4194
|
$11.62 Million |
|
IT Link SA
LSE:0NC8
|
$11.62 Million |
|
IMPERO A/S DK -10
F:905
|
$11.61 Million |
|
Pure Hydrogen Corporation Limited
PINK:PHCLF
|
$11.61 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Audax Renovables S.A.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 161,220,000 to 210,507,000, a change of 49,287,000 (30.6%).
- Net income of 60,562,000 contributed positively to equity growth.
- Dividend payments of 16,422,000 reduced retained earnings.
- Other comprehensive income increased equity by 19,678,000.
- Other factors decreased equity by 14,531,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €60.56 Million | +28.77% |
| Dividends Paid | €16.42 Million | -7.8% |
| Other Comprehensive Income | €19.68 Million | +9.35% |
| Other Changes | €-14.53 Million | -6.9% |
| Total Change | €- | 30.57% |
Book Value vs Market Value Analysis
This analysis compares Audax Renovables S.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: 2.75x
- 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 1.29x to 2.75x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2003-12-31 | €0.99 | €1.28 | x |
| 2004-12-31 | €99.02 | €1.28 | x |
| 2005-12-31 | €1.65 | €1.28 | x |
| 2006-12-31 | €1.11 | €1.28 | x |
| 2007-12-31 | €5.01 | €1.28 | x |
| 2008-12-31 | €2.26 | €1.28 | x |
| 2009-12-31 | €2.59 | €1.28 | x |
| 2010-12-31 | €2.31 | €1.28 | x |
| 2011-12-31 | €1.40 | €1.28 | x |
| 2012-12-31 | €0.94 | €1.28 | x |
| 2013-12-31 | €0.93 | €1.28 | x |
| 2014-12-31 | €0.95 | €1.28 | x |
| 2015-12-31 | €0.73 | €1.28 | x |
| 2016-12-31 | €0.50 | €1.28 | x |
| 2017-12-31 | €0.57 | €1.28 | x |
| 2018-12-31 | €0.71 | €1.28 | x |
| 2019-12-31 | €0.28 | €1.28 | x |
| 2020-12-31 | €0.31 | €1.28 | x |
| 2021-12-31 | €0.30 | €1.28 | x |
| 2022-12-31 | €0.28 | €1.28 | x |
| 2023-12-31 | €0.37 | €1.28 | x |
| 2024-12-31 | €0.47 | €1.28 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Audax Renovables S.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): 28.77%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.06%
- • Asset Turnover: 1.45x
- • Equity Multiplier: 6.50x
- Recent ROE (28.77%) is above the historical average (-4.52%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2003 | 1.54% | 41.38% | 0.02x | 1.65x | €-2.02 Million |
| 2004 | 0.01% | 29.12% | 0.00x | 1.49x | €-238.35 Million |
| 2005 | 2.52% | 85.24% | 0.02x | 1.34x | €-2.98 Million |
| 2006 | 3.84% | 43.87% | 0.03x | 2.53x | €-2.59 Million |
| 2007 | 1.22% | 30.67% | 0.03x | 1.32x | €-16.62 Million |
| 2008 | 0.78% | 13.27% | 0.03x | 1.96x | €-31.58 Million |
| 2009 | 0.30% | 5.11% | 0.03x | 1.89x | €-35.10 Million |
| 2010 | -15.55% | -164.97% | 0.04x | 2.30x | €-81.58 Million |
| 2011 | -52.76% | -238.24% | 0.08x | 2.92x | €-121.89 Million |
| 2012 | -52.81% | -154.51% | 0.10x | 3.44x | €-82.04 Million |
| 2013 | 1.06% | 3.61% | 0.10x | 2.84x | €-11.48 Million |
| 2014 | 1.52% | 5.94% | 0.09x | 2.83x | €-11.22 Million |
| 2015 | -52.39% | -187.76% | 0.09x | 2.94x | €-63.67 Million |
| 2016 | -44.73% | -104.77% | 0.12x | 3.55x | €-38.67 Million |
| 2017 | 10.35% | 22.36% | 0.15x | 3.06x | €279.70K |
| 2018 | 6.96% | 0.85% | 1.18x | 6.89x | €-3.68 Million |
| 2019 | 20.80% | 2.44% | 1.34x | 6.33x | €13.19 Million |
| 2020 | 19.52% | 2.73% | 0.84x | 8.48x | €12.87 Million |
| 2021 | -1.30% | -0.10% | 1.25x | 10.19x | €-14.96 Million |
| 2022 | 2.89% | 0.13% | 1.99x | 10.76x | €-8.70 Million |
| 2023 | 18.01% | 1.27% | 1.77x | 8.03x | €12.91 Million |
| 2024 | 28.77% | 3.06% | 1.45x | 6.50x | €39.51 Million |
Industry Comparison
This section compares Audax Renovables S.A.'s net assets metrics with peer companies in the Utilities - Renewable industry.
Industry Context
- Industry: Utilities - Renewable
- Average net assets among peers: $881,218,868
- Average return on equity (ROE) among peers: -0.21%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Audax Renovables S.A. (ADX) | €230.07 Million | 1.54% | 4.63x | $11.62 Million |
| Corporacion Acciona Energias Renovables SA (ANE) | $3.04 Billion | 6.76% | 2.23x | $633.42 Million |
| Cox Energy América, S.A.B. de C.V. (COXE) | $2.55 Billion | -10.60% | 2.23x | $62.91 Million |
| Cox ABG Group SA (COXG) | $362.44 Million | 18.81% | 3.34x | $88.94K |
| Energía Innovación y Desarrollo Fotovoltaico S.A. (EIDF) | $34.33 Million | -7.58% | 5.64x | $17.70 Million |
| Grupo Ecoener S.A. (ENER) | $137.74 Million | 7.99% | 3.21x | $65.46 Million |
| Energy Solar Tech S.L. (ETC) | $24.22 Million | 9.18% | 0.23x | $28.84 Million |
| Holaluz-Clidom S.A (HLZ) | $19.67 Million | -26.03% | 13.11x | $11.38 Million |