Construcciones y Auxiliar de Ferrocarriles S.A.
Construcciones y Auxiliar de Ferrocarriles, S.A. develops and sells rail and bus transport solutions in Spain, rest of Europe, the United States, the Asia-Pacific, and internationally. The company offers trains, buses, components, signaling systems, and turnkey mobility solutions. It also provides rolling stock equipment and components; simulators; aeronautical and digital mobility solutions; and… Read more
Construcciones y Auxiliar de Ferrocarriles S.A. (CAF) - Net Assets
Latest net assets as of December 2025: €987.76 Million EUR
Based on the latest financial reports, Construcciones y Auxiliar de Ferrocarriles S.A. (CAF) has net assets worth €987.76 Million EUR as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€5.53 Billion) and total liabilities (€4.55 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 | €987.76 Million |
| % of Total Assets | 17.85% |
| Annual Growth Rate | -12.02% |
| 5-Year Change | 33.4% |
| 10-Year Change | 26.04% |
| Growth Volatility | 24.57 |
Construcciones y Auxiliar de Ferrocarriles S.A. - Net Assets Trend (2001–2025)
This chart illustrates how Construcciones y Auxiliar de Ferrocarriles 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 Construcciones y Auxiliar de Ferrocarriles S.A. (2001–2025)
The table below shows the annual net assets of Construcciones y Auxiliar de Ferrocarriles S.A. from 2001 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | €987.76 Million | +10.21% |
| 2024-12-31 | €896.25 Million | +3.23% |
| 2023-12-31 | €868.18 Million | +10.13% |
| 2022-12-31 | €788.33 Million | +6.46% |
| 2021-12-31 | €740.46 Million | +14.94% |
| 2020-12-31 | €644.20 Million | -13.57% |
| 2019-12-31 | €745.37 Million | -1.57% |
| 2018-12-31 | €757.27 Million | -0.39% |
| 2017-12-31 | €760.20 Million | -3.00% |
| 2016-12-31 | €783.68 Million | +9.62% |
| 2015-12-31 | €714.93 Million | -4.54% |
| 2014-12-31 | €748.91 Million | +2.68% |
| 2013-12-31 | €729.36 Million | +3.08% |
| 2012-12-31 | €707.60 Million | +6.04% |
| 2011-12-31 | €667.26 Million | +16.39% |
| 2010-12-31 | €573.28 Million | +21.34% |
| 2009-12-31 | €472.44 Million | +25.21% |
| 2008-12-31 | €377.33 Million | +25.40% |
| 2007-12-31 | €300.91 Million | +34.72% |
| 2006-12-31 | €223.36 Million | +17.59% |
| 2005-12-31 | €189.96 Million | +28.78% |
| 2004-12-31 | €147.51 Million | +7.65% |
| 2003-12-31 | €137.02 Million | +3.08% |
| 2002-12-31 | €132.93 Million | -99.38% |
| 2001-12-31 | €21.37 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Construcciones y Auxiliar de Ferrocarriles 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 decreased by 0.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | €10.32 Million | 1.05% |
| Other Comprehensive Income | €959.76 Million | 97.88% |
| Other Components | €10.46 Million | 1.07% |
| Total Equity | €980.54 Million | 100.00% |
Construcciones y Auxiliar de Ferrocarriles S.A. Competitors by Market Cap
The table below lists competitors of Construcciones y Auxiliar de Ferrocarriles S.A. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Pharma Reaserch Prod Co Ltd
KQ:214450
|
$1.22 Billion |
|
Frontken Corporation Bhd
KLSE:0128
|
$1.22 Billion |
|
Zhejiang Chengchang Technology Co. Ltd.
SHE:001270
|
$1.22 Billion |
|
Gibraltar Industries Inc
NASDAQ:ROCK
|
$1.22 Billion |
|
Hebei Sinopack Electronic Technolog
SHE:003031
|
$1.22 Billion |
|
WILEY (JOHN) + SONS B
F:2F70
|
$1.22 Billion |
|
IIFL Finance Limited
NSE:IIFL
|
$1.22 Billion |
|
Daetwyl I
SW:DAE
|
$1.22 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Construcciones y Auxiliar de Ferrocarriles S.A.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 882,194,000 to 980,540,000, a change of 98,346,000 (11.1%).
- Net income of 146,259,000 contributed positively to equity growth.
- Dividend payments of 45,936,000 reduced retained earnings.
- Share repurchases of 9,500,000 reduced equity.
- New share issuances of 399,000 increased equity.
- Other comprehensive income increased equity by 98,470,000.
- Other factors decreased equity by 91,346,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €146.26 Million | +14.92% |
| Dividends Paid | €45.94 Million | -4.68% |
| Share Repurchases | €9.50 Million | -0.97% |
| Share Issuances | €399.00K | +0.04% |
| Other Comprehensive Income | €98.47 Million | +10.04% |
| Other Changes | €-91.35 Million | -9.32% |
| Total Change | €- | 11.15% |
Book Value vs Market Value Analysis
This analysis compares Construcciones y Auxiliar de Ferrocarriles 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: 1.92x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 13.98x to 1.92x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2003-12-31 | €3.94 | €55.10 | x |
| 2004-12-31 | €4.25 | €55.10 | x |
| 2005-12-31 | €5.46 | €55.10 | x |
| 2006-12-31 | €6.44 | €55.10 | x |
| 2007-12-31 | €8.67 | €55.10 | x |
| 2008-12-31 | €10.12 | €55.10 | x |
| 2009-12-31 | €13.40 | €55.10 | x |
| 2010-12-31 | €16.44 | €55.10 | x |
| 2011-12-31 | €19.38 | €55.10 | x |
| 2012-12-31 | €20.47 | €55.10 | x |
| 2013-12-31 | €20.98 | €55.10 | x |
| 2014-12-31 | €21.48 | €55.10 | x |
| 2015-12-31 | €20.58 | €55.10 | x |
| 2016-12-31 | €22.49 | €55.10 | x |
| 2017-12-31 | €21.94 | €55.10 | x |
| 2018-12-31 | €21.97 | €55.10 | x |
| 2019-12-31 | €21.39 | €55.10 | x |
| 2020-12-31 | €18.46 | €55.10 | x |
| 2021-12-31 | €21.20 | €55.10 | x |
| 2022-12-31 | €22.66 | €55.10 | x |
| 2023-12-31 | €24.98 | €55.10 | x |
| 2024-12-31 | €25.84 | €55.10 | x |
| 2025-12-31 | €28.63 | €55.10 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Construcciones y Auxiliar de Ferrocarriles 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): 14.92%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.26%
- • Asset Turnover: 0.81x
- • Equity Multiplier: 5.64x
- Recent ROE (14.92%) is above the historical average (12.63%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2003 | 8.62% | 2.35% | 0.94x | 3.90x | €-1.87 Million |
| 2004 | 9.70% | 2.44% | 0.94x | 4.24x | €-436.06K |
| 2005 | 9.71% | 2.67% | 1.07x | 3.41x | €-549.58K |
| 2006 | 15.70% | 4.29% | 0.77x | 4.78x | €12.58 Million |
| 2007 | 29.47% | 10.00% | 0.68x | 4.35x | €57.89 Million |
| 2008 | 30.76% | 10.62% | 0.53x | 5.52x | €72.02 Million |
| 2009 | 26.05% | 9.52% | 0.54x | 5.11x | €73.76 Million |
| 2010 | 22.26% | 7.96% | 0.71x | 3.95x | €69.08 Million |
| 2011 | 21.29% | 8.20% | 0.72x | 3.58x | €75.00 Million |
| 2012 | 14.17% | 5.78% | 0.64x | 3.80x | €29.26 Million |
| 2013 | 12.54% | 5.87% | 0.55x | 3.90x | €18.27 Million |
| 2014 | 8.11% | 4.12% | 0.49x | 4.02x | €-13.94 Million |
| 2015 | 5.83% | 3.20% | 0.45x | 4.08x | €-29.33 Million |
| 2016 | 4.54% | 2.66% | 0.41x | 4.19x | €-42.18 Million |
| 2017 | 5.65% | 2.87% | 0.47x | 4.15x | €-32.64 Million |
| 2018 | 5.78% | 2.12% | 0.51x | 5.33x | €-31.71 Million |
| 2019 | 3.37% | 0.95% | 0.60x | 5.90x | €-48.58 Million |
| 2020 | 1.42% | 0.33% | 0.68x | 6.44x | €-54.28 Million |
| 2021 | 11.82% | 2.92% | 0.69x | 5.88x | €13.25 Million |
| 2022 | 6.73% | 1.65% | 0.64x | 6.33x | €-25.40 Million |
| 2023 | 10.42% | 2.33% | 0.76x | 5.91x | €3.63 Million |
| 2024 | 11.70% | 2.45% | 0.81x | 5.91x | €15.04 Million |
| 2025 | 14.92% | 3.26% | 0.81x | 5.64x | €48.20 Million |
Industry Comparison
This section compares Construcciones y Auxiliar de Ferrocarriles S.A.'s net assets metrics with peer companies in the Railroads industry.
Industry Context
- Industry: Railroads
- Average net assets among peers: $179,138,000
- Average return on equity (ROE) among peers: -59.21%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Construcciones y Auxiliar de Ferrocarriles S.A. (CAF) | €987.76 Million | 8.62% | 4.60x | $1.22 Billion |
| Talgo SA (TLGO) | $179.14 Million | -59.21% | 6.10x | $180.54 Million |