Llorente & Cuenca S.A. (LLYC) - Net Assets
Based on the latest financial reports, Llorente & Cuenca S.A. (LLYC) has net assets worth €40.19 Million EUR (≈ $46.99 Million USD) as of December 2023. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€88.01 Million ≈ $102.89 Million USD) and total liabilities (€47.82 Million ≈ $55.90 Million 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. Also explore how large is Llorente & Cuenca S.A.'s balance sheet for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €40.19 Million |
| % of Total Assets | 45.67% |
| Annual Growth Rate | 4.91% |
| 5-Year Change | 14.93% |
| 10-Year Change | N/A |
| Growth Volatility | 19.16 |
Llorente & Cuenca S.A. - Net Assets Trend (2016–2024)
This chart illustrates how Llorente & Cuenca S.A.'s net assets have evolved over time, based on quarterly financial data. Check LLYC intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Annual Net Assets for Llorente & Cuenca S.A. (2016–2024)
The table below shows the annual net assets of Llorente & Cuenca S.A. from 2016 to 2024. For live valuation and market cap data, see LLYC market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €28.02 Million ≈ $32.75 Million |
-30.29% |
| 2023-12-31 | €40.19 Million ≈ $46.99 Million |
+13.82% |
| 2022-12-31 | €35.31 Million ≈ $41.28 Million |
+20.26% |
| 2021-12-31 | €29.36 Million ≈ $34.33 Million |
+20.45% |
| 2020-12-31 | €24.38 Million ≈ $28.50 Million |
-4.60% |
| 2019-12-31 | €25.55 Million ≈ $29.87 Million |
-0.73% |
| 2018-12-31 | €25.74 Million ≈ $30.09 Million |
+36.66% |
| 2017-12-31 | €18.83 Million ≈ $22.02 Million |
-1.38% |
| 2016-12-31 | €19.10 Million ≈ $22.33 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Llorente & Cuenca 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 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | €116.39K | 0.43% |
| Other Comprehensive Income | €16.64 Million | 61.16% |
| Other Components | €10.45 Million | 38.41% |
| Total Equity | €27.20 Million | 100.00% |
Llorente & Cuenca S.A. Competitors by Market Cap
The table below lists competitors of Llorente & Cuenca S.A. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Woosu AMS Co.Ltd
KQ:066590
|
$63.17 Million |
|
Muda Holdings Bhd
KLSE:3883
|
$63.19 Million |
|
Chain Chon Industrial Co Ltd
TWO:5014
|
$63.22 Million |
|
Hauman Technologies
TWO:6218
|
$63.27 Million |
|
MGB Bhd
KLSE:7595
|
$63.13 Million |
|
E & M Computing Ltd
TA:EMCO
|
$63.09 Million |
|
BE Group AB
ST:BEGR
|
$63.08 Million |
|
Fluence Corporation Ltd
AU:FLC
|
$63.08 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Llorente & Cuenca S.A.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 38,378,526 to 27,203,360, a change of -11,175,166 (-29.1%).
- Net income of 8,951,277 contributed positively to equity growth.
- Dividend payments of 2,325,904 reduced retained earnings.
- Other comprehensive income increased equity by 16,638,691.
- Other factors decreased equity by 34,439,230.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €8.95 Million | +32.91% |
| Dividends Paid | €2.33 Million | -8.55% |
| Other Comprehensive Income | €16.64 Million | +61.16% |
| Other Changes | €-34.44 Million | -126.6% |
| Total Change | €- | -29.12% |
Book Value vs Market Value Analysis
This analysis compares Llorente & Cuenca 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: 1.94x
- 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 0.11x to 1.94x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | €41.79 | €4.64 | x |
| 2018-12-31 | €59.12 | €4.64 | x |
| 2019-12-31 | €1.89 | €4.64 | x |
| 2020-12-31 | €1.80 | €4.64 | x |
| 2021-12-31 | €2.42 | €4.64 | x |
| 2022-12-31 | €2.94 | €4.64 | x |
| 2023-12-31 | €3.30 | €4.64 | x |
| 2024-12-31 | €2.40 | €4.64 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Llorente & Cuenca 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): 32.91%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.77%
- • Asset Turnover: 0.81x
- • Equity Multiplier: 5.22x
- Recent ROE (32.91%) is above the historical average (17.01%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 11.56% | 5.36% | 1.22x | 1.77x | €249.03K |
| 2017 | 9.46% | 3.84% | 1.33x | 1.86x | €-84.16K |
| 2018 | 8.03% | 4.29% | 0.99x | 1.89x | €-437.99K |
| 2019 | 19.32% | 8.83% | 1.15x | 1.90x | €2.05 Million |
| 2020 | 10.85% | 5.08% | 1.08x | 1.97x | €177.46K |
| 2021 | 18.90% | 8.31% | 0.88x | 2.57x | €2.51 Million |
| 2022 | 20.35% | 7.77% | 1.23x | 2.12x | €3.54 Million |
| 2023 | 21.74% | 8.23% | 1.15x | 2.29x | €4.51 Million |
| 2024 | 32.91% | 7.77% | 0.81x | 5.22x | €6.23 Million |
Industry Comparison
This section compares Llorente & Cuenca S.A.'s net assets metrics with peer companies in the Consulting Services industry.
Industry Context
- Industry: Consulting Services
- Average net assets among peers: $19,153,085
- Average return on equity (ROE) among peers: 23.97%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Llorente & Cuenca S.A. (LLYC) | €40.19 Million | 11.56% | 1.19x | $63.14 Million |
| Axon Partners Group S.A. (APG) | $19.15 Million | 23.97% | 0.27x | $77.56 Million |
About Llorente & Cuenca S.A.
Llorente & Cuenca, S.A. operates as a communication, digital marketing, and public affairs consultancy firm in Latin America, Spain, and Portugal. The company offers services in the areas of public affairs, consumer engagement, corporate operations and capital markets, economic context, digital, stakeholders management, talent engagement, creative studio, crisis and risks, sport and business stra… Read more