Desarrollos Especiales de Sistemas de Anclaje, S.A.
Desarrollos Especiales de Sistemas de Anclaje, S.A. manufactures and sells anchors and fixings in Spain and internationally. It offers metallic and chemical anchors; plastic fasteners; foams and applicator guns, putties, MS polymer, silicones, adhesives, and guns, PVC adhesives, and butyl belts; and rivets. The company also offers screws, metric thread screws, and threaded eyelets and hooks; flan… Read more
Desarrollos Especiales de Sistemas de Anclaje, S.A. (DESA) - Net Assets
Latest net assets as of June 2025: €21.01 Million EUR
Based on the latest financial reports, Desarrollos Especiales de Sistemas de Anclaje, S.A. (DESA) has net assets worth €21.01 Million EUR as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€43.55 Million) and total liabilities (€22.54 Million). 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 | €21.01 Million |
| % of Total Assets | 48.24% |
| Annual Growth Rate | 7.88% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 8.42 |
Desarrollos Especiales de Sistemas de Anclaje, S.A. - Net Assets Trend (2021–2024)
This chart illustrates how Desarrollos Especiales de Sistemas de Anclaje, 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 Desarrollos Especiales de Sistemas de Anclaje, S.A. (2021–2024)
The table below shows the annual net assets of Desarrollos Especiales de Sistemas de Anclaje, S.A. from 2021 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €19.65 Million | +1.80% |
| 2023-12-31 | €19.30 Million | +2.71% |
| 2022-12-31 | €18.79 Million | +20.09% |
| 2021-12-31 | €15.65 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Desarrollos Especiales de Sistemas de Anclaje, 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 75.3% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €928.54K | 4.73% |
| Other Components | €18.72 Million | 95.27% |
| Total Equity | €19.65 Million | 100.00% |
Desarrollos Especiales de Sistemas de Anclaje, S.A. Competitors by Market Cap
The table below lists competitors of Desarrollos Especiales de Sistemas de Anclaje, S.A. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Bangkok Sheet Metal Public Company Limited
BK:BM
|
$7.18 Million |
|
Somerset Minerals Ltd
AU:SMM
|
$7.18 Million |
|
Cashlez Worldwide Indonesia Tbk
JK:CASH
|
$7.18 Million |
|
PT Koka Indonesia Tbk
JK:KOKA
|
$7.19 Million |
|
Atlantis Subsea Indonesia Tbk Pt
JK:ATLA
|
$7.18 Million |
|
Sin Heng Chan (Malaya) Bhd
KLSE:4316
|
$7.17 Million |
|
In8bio Inc
NASDAQ:INAB
|
$7.17 Million |
|
Geohan Corporation Berhad
KLSE:5345
|
$7.16 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Desarrollos Especiales de Sistemas de Anclaje, S.A.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 19,301,788 to 19,648,498, a change of 346,710 (1.8%).
- Net income of 2,428,539 contributed positively to equity growth.
- Dividend payments of 2,000,000 reduced retained earnings.
- Share repurchases of 13,000 reduced equity.
- New share issuances of 52,000 increased equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €2.43 Million | +12.36% |
| Dividends Paid | €2.00 Million | -10.18% |
| Share Repurchases | €13.00K | -0.07% |
| Share Issuances | €52.00K | +0.26% |
| Other Changes | €-120.83K | -0.61% |
| Total Change | €- | 1.80% |
Book Value vs Market Value Analysis
This analysis compares Desarrollos Especiales de Sistemas de Anclaje, 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: 1.83x
- 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 2.30x to 1.83x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | €8.77 | €20.20 | x |
| 2022-12-31 | €10.56 | €20.20 | x |
| 2023-12-31 | €10.85 | €20.20 | x |
| 2024-12-31 | €11.04 | €20.20 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Desarrollos Especiales de Sistemas de Anclaje, 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): 12.36%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.07%
- • Asset Turnover: 1.17x
- • Equity Multiplier: 2.09x
- Recent ROE (12.36%) is below the historical average (15.56%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 24.06% | 7.83% | 1.03x | 2.97x | €2.20 Million |
| 2022 | 14.80% | 5.52% | 1.08x | 2.48x | €902.95K |
| 2023 | 11.02% | 4.46% | 1.16x | 2.14x | €197.36K |
| 2024 | 12.36% | 5.07% | 1.17x | 2.09x | €463.69K |
Industry Comparison
This section compares Desarrollos Especiales de Sistemas de Anclaje, S.A.'s net assets metrics with peer companies in the Tools & Accessories industry.
Industry Context
- Industry: Tools & Accessories
- Average net assets among peers: $15,947,271
- Average return on equity (ROE) among peers: 3.56%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Desarrollos Especiales de Sistemas de Anclaje, S.A. (DESA) | €21.01 Million | 24.06% | 1.07x | $7.18 Million |
| NBI Bearings Europe S.A. (NBI) | $15.95 Million | 3.56% | 3.93x | $12.79 Million |