Construcciones y Auxiliar de Ferrocarriles S.A. (CAF) - Net Assets

Latest as of December 2025: €987.76 Million EUR ≈ $1.15 Billion USD

Based on the latest financial reports, Construcciones y Auxiliar de Ferrocarriles S.A. (CAF) has net assets worth €987.76 Million EUR (≈ $1.15 Billion USD) 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 ≈ $6.47 Billion USD) and total liabilities (€4.55 Billion ≈ $5.31 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. Check Construcciones y Auxiliar de Ferrocarril liquid asset ratio to evaluate the company's liquid asset resilience ratio.

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. Also explore CAF total asset value for the complete picture of this company's asset base.

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. For live valuation and market cap data, see market value of Construcciones y Auxiliar de Ferrocarril.

Year Net Assets Change
2025-12-31 €987.76 Million
≈ $1.15 Billion		 +10.21%
2024-12-31 €896.25 Million
≈ $1.05 Billion		 +3.23%
2023-12-31 €868.18 Million
≈ $1.01 Billion		 +10.13%
2022-12-31 €788.33 Million
≈ $921.63 Million		 +6.46%
2021-12-31 €740.46 Million
≈ $865.68 Million		 +14.94%
2020-12-31 €644.20 Million
≈ $753.14 Million		 -13.57%
2019-12-31 €745.37 Million
≈ $871.41 Million		 -1.57%
2018-12-31 €757.27 Million
≈ $885.32 Million		 -0.39%
2017-12-31 €760.20 Million
≈ $888.75 Million		 -3.00%
2016-12-31 €783.68 Million
≈ $916.20 Million		 +9.62%
2015-12-31 €714.93 Million
≈ $835.82 Million		 -4.54%
2014-12-31 €748.91 Million
≈ $875.56 Million		 +2.68%
2013-12-31 €729.36 Million
≈ $852.70 Million		 +3.08%
2012-12-31 €707.60 Million
≈ $827.26 Million		 +6.04%
2011-12-31 €667.26 Million
≈ $780.10 Million		 +16.39%
2010-12-31 €573.28 Million
≈ $670.23 Million		 +21.34%
2009-12-31 €472.44 Million
≈ $552.34 Million		 +25.21%
2008-12-31 €377.33 Million
≈ $441.14 Million		 +25.40%
2007-12-31 €300.91 Million
≈ $351.80 Million		 +34.72%
2006-12-31 €223.36 Million
≈ $261.13 Million		 +17.59%
2005-12-31 €189.96 Million
≈ $222.08 Million		 +28.78%
2004-12-31 €147.51 Million
≈ $172.45 Million		 +7.65%
2003-12-31 €137.02 Million
≈ $160.19 Million		 +3.08%
2002-12-31 €132.93 Million
≈ $155.40 Million		 -99.38%
2001-12-31 €21.37 Billion
≈ $24.99 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
Versigent PLC
NYSE:VGNT
 $2.09 Billion
Sapiens International Corporation NV
TA:SPNS
 $2.09 Billion
Babcock & Wilcox Enterprises Inc
NYSE:BW
 $2.09 Billion
INTERNET IN.JP.ADR 1 ON
F:IIJ
 $2.09 Billion
MVV Energie AG
F:MVV1
 $2.09 Billion
Anhui Kouzi Distillery Co Ltd
SHG:603589
 $2.09 Billion
AUB Group Ltd
AU:AUB
 $2.09 Billion
The Navigator Company SA
LS:NVG
 $2.09 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: 2.22x
  • 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 16.11x to 2.22x 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 €63.50 x
2004-12-31 €4.25 €63.50 x
2005-12-31 €5.46 €63.50 x
2006-12-31 €6.44 €63.50 x
2007-12-31 €8.67 €63.50 x
2008-12-31 €10.12 €63.50 x
2009-12-31 €13.40 €63.50 x
2010-12-31 €16.44 €63.50 x
2011-12-31 €19.38 €63.50 x
2012-12-31 €20.47 €63.50 x
2013-12-31 €20.98 €63.50 x
2014-12-31 €21.48 €63.50 x
2015-12-31 €20.58 €63.50 x
2016-12-31 €22.49 €63.50 x
2017-12-31 €21.94 €63.50 x
2018-12-31 €21.97 €63.50 x
2019-12-31 €21.39 €63.50 x
2020-12-31 €18.46 €63.50 x
2021-12-31 €21.20 €63.50 x
2022-12-31 €22.66 €63.50 x
2023-12-31 €24.98 €63.50 x
2024-12-31 €25.84 €63.50 x
2025-12-31 €28.63 €63.50 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 $2.09 Billion
Talgo SA (TLGO) $179.14 Million -59.21% 6.10x $377.78 Million

About Construcciones y Auxiliar de Ferrocarriles S.A.

MC:CAF Spain Railroads
Market Cap
$2.54 Billion
€2.17 Billion EUR
Market Cap Rank
#6101 Global
#50 in Spain
Share Price
€63.50
Change (1 day)
+0.63%
52-Week Range
€43.30 - €64.00
All Time High
€64.00
Categories
Companies in Spain Railroads
About

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. It offers trains, buses, components, signaling systems, and turnkey mobility solutions. The company also provides rolling stock equipment and components; simulators; and aeronautical and digital mobility solutions.… Read more