Grenergy Renovables S.A (GRE) - Net Assets
Based on the latest financial reports, Grenergy Renovables S.A (GRE) has net assets worth €415.30 Million EUR (≈ $485.53 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€2.16 Billion ≈ $2.53 Billion USD) and total liabilities (€1.75 Billion ≈ $2.04 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 GRE financial resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €415.30 Million |
| % of Total Assets | 19.2% |
| Annual Growth Rate | 44.69% |
| 5-Year Change | 161.68% |
| 10-Year Change | 2999.94% |
| Growth Volatility | 60.01 |
Grenergy Renovables S.A - Net Assets Trend (2014–2025)
This chart illustrates how Grenergy Renovables S.A's net assets have evolved over time, based on quarterly financial data. Also explore GRE total assets for the complete picture of this company's asset base.
Annual Net Assets for Grenergy Renovables S.A (2014–2025)
The table below shows the annual net assets of Grenergy Renovables S.A from 2014 to 2025. For live valuation and market cap data, see Grenergy Renovables S.A stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | €415.30 Million ≈ $485.53 Million |
-12.30% |
| 2024-12-31 | €473.55 Million ≈ $553.62 Million |
+37.77% |
| 2023-12-31 | €343.73 Million ≈ $401.86 Million |
+40.40% |
| 2022-12-31 | €244.81 Million ≈ $286.21 Million |
+54.25% |
| 2021-12-31 | €158.71 Million ≈ $185.55 Million |
+224.99% |
| 2020-12-31 | €48.83 Million ≈ $57.09 Million |
+31.64% |
| 2019-12-31 | €37.10 Million ≈ $43.37 Million |
+28.52% |
| 2018-12-31 | €28.86 Million ≈ $33.75 Million |
+79.92% |
| 2017-12-31 | €16.04 Million ≈ $18.76 Million |
+19.75% |
| 2016-12-31 | €13.40 Million ≈ $15.66 Million |
+7.74% |
| 2015-12-31 | €12.43 Million ≈ $14.54 Million |
+74.21% |
| 2014-12-31 | €7.14 Million ≈ $8.34 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Grenergy 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 decreased by 100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | €10.00 Million | 2.41% |
| Other Comprehensive Income | €233.16 Million | 56.14% |
| Other Components | €172.14 Million | 41.45% |
| Total Equity | €415.30 Million | 100.00% |
Grenergy Renovables S.A Competitors by Market Cap
The table below lists competitors of Grenergy Renovables S.A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Xinyi Solar Holdings Ltd
F:13X
|
$3.37 Billion |
|
Hafnia Limited
NYSE:HAFN
|
$3.37 Billion |
|
Maanshan Iron & Steel Co Ltd
SHG:600808
|
$3.38 Billion |
|
Zhongshan Broad-Ocean Motor Co Ltd
SHE:002249
|
$3.38 Billion |
|
Transcoal Pacific Tbk PT
JK:TCPI
|
$3.37 Billion |
|
Kadant Inc
NYSE:KAI
|
$3.37 Billion |
|
Alm. Brand
CO:ALMB
|
$3.37 Billion |
|
Impinj Inc
NASDAQ:PI
|
$3.36 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Grenergy Renovables S.A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 473,975,000 to 415,300,000, a change of -58,675,000 (-12.4%).
- Net income of 87,000,000 contributed positively to equity growth.
- Share repurchases of 61,687,000 reduced equity.
- Other comprehensive income decreased equity by 49,069,000.
- Other factors decreased equity by 34,919,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €87.00 Million | +20.95% |
| Share Repurchases | €61.69 Million | -14.85% |
| Other Comprehensive Income | €-49.07 Million | -11.82% |
| Other Changes | €-34.92 Million | -8.41% |
| Total Change | €- | -12.38% |
Book Value vs Market Value Analysis
This analysis compares Grenergy 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: 8.31x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 338.34x to 8.31x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2014-12-31 | €0.36 | €120.80 | x |
| 2015-12-31 | €0.51 | €120.80 | x |
| 2016-12-31 | €0.54 | €120.80 | x |
| 2017-12-31 | €0.66 | €120.80 | x |
| 2018-12-31 | €1.24 | €120.80 | x |
| 2019-12-31 | €1.58 | €120.80 | x |
| 2020-12-31 | €2.07 | €120.80 | x |
| 2021-12-31 | €5.82 | €120.80 | x |
| 2022-12-31 | €8.16 | €120.80 | x |
| 2023-12-31 | €11.58 | €120.80 | x |
| 2024-12-31 | €16.69 | €120.80 | x |
| 2025-12-31 | €14.53 | €120.80 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Grenergy 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): 20.95%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.13%
- • Asset Turnover: 0.49x
- • Equity Multiplier: 5.21x
- Recent ROE (20.95%) is above the historical average (18.05%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 24.16% | 54.10% | 0.15x | 3.03x | €1.01 Million |
| 2015 | 23.66% | 140.65% | 0.10x | 1.66x | €1.70 Million |
| 2016 | -23.26% | -248.25% | 0.02x | 3.85x | €-4.34 Million |
| 2017 | 21.93% | 34.53% | 0.18x | 3.59x | €1.91 Million |
| 2018 | 45.64% | 48.67% | 0.47x | 2.00x | €10.37 Million |
| 2019 | 30.71% | 15.82% | 0.46x | 4.23x | €7.71 Million |
| 2020 | 30.96% | 20.76% | 0.28x | 5.25x | €10.31 Million |
| 2021 | 10.24% | 19.77% | 0.14x | 3.80x | €375.70K |
| 2022 | 4.20% | 9.32% | 0.12x | 3.62x | €-14.20 Million |
| 2023 | 14.85% | 28.51% | 0.14x | 3.68x | €16.67 Million |
| 2024 | 12.62% | 11.25% | 0.28x | 3.96x | €12.42 Million |
| 2025 | 20.95% | 8.13% | 0.49x | 5.21x | €45.47 Million |
Industry Comparison
This section compares Grenergy Renovables S.A's net assets metrics with peer companies in the Engineering & Construction industry.
Industry Context
- Industry: Engineering & Construction
- Average net assets among peers: $2,112,274,158
- Average return on equity (ROE) among peers: 7.86%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Grenergy Renovables S.A (GRE) | €415.30 Million | 24.16% | 4.21x | $3.37 Billion |
| ACS Actividades de Construccion y Servicios SA (ACS) | $7.03 Billion | 43.33% | 4.07x | $26.81 Billion |
| Acciona (ANA) | $6.41 Billion | 12.53% | 4.59x | $11.79 Billion |
| CLERHP Estructuras S.A (CLR) | $161.00K | 110.56% | 5.26x | $100.82 Million |
| Elecnor S.A (ENO) | $599.28 Million | 21.82% | 3.71x | $2.40 Billion |
| Enerside Energy S.A. (ENRS) | $44.17 Million | -31.04% | 0.99x | $40.20 Million |
| Grupo Ezentis S.A (EZE) | $5.36 Million | -59.71% | 6.96x | $48.37 Million |
| Ferrovial S.A. (FER) | $4.56 Billion | -10.29% | 8.68x | $39.72 Billion |
| Grupo Empresarial San Jose SA (GSJ) | $247.12 Million | -1.44% | 0.62x | $552.72 Million |
| Duro Felguera (MDF) | $121.17 Million | -15.02% | 7.78x | $37.01 Million |
About Grenergy Renovables S.A
Grenergy Renovables, S.A., together with its subsidiaries, engages in the renewable energy business in Spain, Italy, the United Kingdom, Poland, Germany, Romania, Chile, Peru, Colombia, Argentina, Mexico, and the Unites States. It operates through four segments: Development and Construction, Energy, Commercialization, and Services. The company develops, constructs, operates, promotes, and sells r… Read more