Audax Renovables S.A. Net Assets
Audax Renovables S.A. net assets. Based on the latest financial reports, Audax Renovables S.A. (ADX) has net assets worth €238.31 Million EUR (≈ $278.61 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€1.40 Billion ≈ $1.63 Billion USD) and total liabilities (€1.16 Billion ≈ $1.35 Billion USD). 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. See ADX equity financing ratio to measure how much of total assets are equity-financed.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €238.31 Million |
| % of Total Assets | 17.07% |
| Annual Growth Rate | 10.28% |
| 5-Year Change | 52.38% |
| 10-Year Change | 218.91% |
| Growth Volatility | 2008.24 |
Net Assets of Audax Renovables S.A. (2003–2025)
Net assets of Audax Renovables S.A. from 2003 to 2025. This chart illustrates how Audax Renovables S.A.'s net assets have evolved over time, based on quarterly financial data. Also explore ADX net asset momentum to track the company's year-over-year net asset growth rate.
Annual Net Assets for Audax Renovables S.A. (2003–2025)
The table below shows the annual net assets of Audax Renovables S.A. from 2003 to 2025. For live market cap and overall valuation, see ADX stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | €226.93 Million ≈ $265.31 Million |
+1.33% |
| 2024-12-31 | €223.94 Million ≈ $261.82 Million |
+29.26% |
| 2023-12-31 | €173.25 Million ≈ $202.55 Million |
+27.60% |
| 2022-12-31 | €135.77 Million ≈ $158.73 Million |
-8.83% |
| 2021-12-31 | €148.92 Million ≈ $174.11 Million |
-1.40% |
| 2020-12-31 | €151.04 Million ≈ $176.58 Million |
-3.00% |
| 2019-12-31 | €155.71 Million ≈ $182.05 Million |
+0.99% |
| 2018-12-31 | €154.18 Million ≈ $180.26 Million |
+90.68% |
| 2017-12-31 | €80.86 Million ≈ $94.53 Million |
+13.63% |
| 2016-12-31 | €71.16 Million ≈ $83.19 Million |
-30.72% |
| 2015-12-31 | €102.72 Million ≈ $120.08 Million |
-24.37% |
| 2014-12-31 | €135.81 Million ≈ $158.78 Million |
+2.42% |
| 2013-12-31 | €132.60 Million ≈ $155.02 Million |
-1.30% |
| 2012-12-31 | €134.35 Million ≈ $157.06 Million |
-36.38% |
| 2011-12-31 | €211.16 Million ≈ $246.87 Million |
-38.27% |
| 2010-12-31 | €342.07 Million ≈ $399.91 Million |
-10.11% |
| 2009-12-31 | €380.53 Million ≈ $444.88 Million |
-0.19% |
| 2008-12-31 | €381.27 Million ≈ $445.74 Million |
+98.20% |
| 2007-12-31 | €192.36 Million ≈ $224.89 Million |
+333.82% |
| 2006-12-31 | €44.34 Million ≈ $51.84 Million |
+8.97% |
| 2005-12-31 | €40.69 Million ≈ $47.57 Million |
-98.42% |
| 2004-12-31 | €2.57 Billion ≈ $3.01 Billion |
+9650.40% |
| 2003-12-31 | €26.37 Million ≈ $30.83 Million |
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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 1959400000.0% over the analyzed period, indicating profitable operations and earnings retention.
Audax Renovables S.A. Net Assets Breakdown (December 2025)
Audax Renovables S.A. net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €19.59 Million | 9.31% |
| Common Stock | €45.34 Million | 21.54% |
| Other Comprehensive Income | €-233.87 Million | -111.10% |
| Other Components | €379.44 Million | 180.26% |
| Total Equity | €210.50 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 |
|---|---|
|
Pekat Group Bhd
KLSE:0233
|
$519.55 Million |
|
Tactile Systems Technology Inc
NASDAQ:TCMD
|
$519.70 Million |
|
Medprin Regenerative Medical Technologies Co. Ltd.
SHE:301033
|
$519.81 Million |
|
Canadian Banc Corp
TO:BK
|
$520.42 Million |
|
AS Merko Ehitus
F:MKS
|
$519.50 Million |
|
Empresa Distribuidora y Comercializadora Norte SA ADR
NYSE:EDN
|
$519.48 Million |
|
SENCO GOLD LTD
NSE:SENCO
|
$519.44 Million |
|
Zhengping Road&Bridge Constr
SHG:603843
|
$519.05 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 2024 to 2025, total equity changed from 210,507,000 to 210,500,000, a change of -7,000 (-0.0%).
- Net income of 19,594,000 contributed positively to equity growth.
- Dividend payments of 16,930,000 reduced retained earnings.
- Other comprehensive income increased equity by 77,606,000.
- Other factors decreased equity by 80,277,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €19.59 Million | +9.31% |
| Dividends Paid | €16.93 Million | -8.04% |
| Other Comprehensive Income | €77.61 Million | +36.87% |
| Other Changes | €-80.28 Million | -38.14% |
| Total Change | €- | 0.00% |
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: 2.20x
- 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 1.04x to 2.20x 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 | €1.03 | x |
| 2004-12-31 | €99.02 | €1.03 | x |
| 2005-12-31 | €1.65 | €1.03 | x |
| 2006-12-31 | €1.11 | €1.03 | x |
| 2007-12-31 | €5.01 | €1.03 | x |
| 2008-12-31 | €2.26 | €1.03 | x |
| 2009-12-31 | €2.59 | €1.03 | x |
| 2010-12-31 | €2.31 | €1.03 | x |
| 2011-12-31 | €1.40 | €1.03 | x |
| 2012-12-31 | €0.94 | €1.03 | x |
| 2013-12-31 | €0.93 | €1.03 | x |
| 2014-12-31 | €0.95 | €1.03 | x |
| 2015-12-31 | €0.73 | €1.03 | x |
| 2016-12-31 | €0.50 | €1.03 | x |
| 2017-12-31 | €0.57 | €1.03 | x |
| 2018-12-31 | €0.71 | €1.03 | x |
| 2019-12-31 | €0.28 | €1.03 | x |
| 2020-12-31 | €0.31 | €1.03 | x |
| 2021-12-31 | €0.30 | €1.03 | x |
| 2022-12-31 | €0.28 | €1.03 | x |
| 2023-12-31 | €0.37 | €1.03 | x |
| 2024-12-31 | €0.47 | €1.03 | x |
| 2025-12-31 | €0.47 | €1.03 | 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): 9.31%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.04%
- • Asset Turnover: 1.38x
- • Equity Multiplier: 6.46x
- Recent ROE (9.31%) is above the historical average (-3.92%), 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 |
| 2025 | 9.31% | 1.04% | 1.38x | 6.46x | €-1.46 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: $665,581,629
- Average return on equity (ROE) among peers: -122.37%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Audax Renovables S.A. (ADX) | €238.31 Million | 1.54% | 4.86x | $519.54 Million |
| Corporacion Acciona Energias Renovables SA (ANE) | $2.89 Billion | 6.56% | 2.19x | $7.68 Billion |
| Energía Innovación y Desarrollo Fotovoltaico S.A. (EIDF) | $4.99 Million | -639.90% | 31.27x | $29.05 Million |
| Grupo Ecoener S.A. (ENER) | $143.34 Million | 3.80% | 5.25x | $196.92 Million |
| Holaluz-Clidom S.A (HLZ) | $41.41 Million | -1.73% | 1.30x | $27.17 Million |
| Solaria Energía y Medio Ambiente S.A (SLR) | $247.35 Million | 19.42% | 3.22x | $2.26 Billion |
About Audax Renovables S.A.
Audax Renovables, S.A. engages in the generation and supply of renewable electricity and gas in Spain, Portugal, the Netherlands, Hungary, Italy, Poland, Germany, and France. It has a portfolio of wind and photovoltaic farms with a capacity of 1,037 megawatts. The company also sells electricity and gas. Audax Renovables, S.A. was incorporated in 2000 and is based in Badalona, Spain. Audax Renovab… Read more