Duro Felguera (MDF) - Net Assets

Latest as of December 2025: €-332.62 Million EUR ≈ $-388.87 Million USD

Based on the latest financial reports, Duro Felguera (MDF) has net assets worth €-332.62 Million EUR (≈ $-388.87 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 (€134.85 Million ≈ $157.66 Million USD) and total liabilities (€467.48 Million ≈ $546.53 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. Check tangible equity quality of Duro Felguera to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	€-332.62 Million
% of Total Assets	-246.66%
Annual Growth Rate	N/A
5-Year Change	N/A
10-Year Change	-374.51%
Growth Volatility	1246.91

Duro Felguera - Net Assets Trend (2000–2025)

This chart illustrates how Duro Felguera's net assets have evolved over time, based on quarterly financial data. See Duro Felguera defensive interval ratio to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Duro Felguera (2000–2025)

The table below shows the annual net assets of Duro Felguera from 2000 to 2025. For live valuation and market cap data, see MDF stock market capitalisation.

Year	Net Assets	Change
2025-12-31	€-332.62 Million ≈ $-388.87 Million	-23.52%
2024-12-31	€-269.28 Million ≈ $-314.82 Million	-73.14%
2023-12-31	€-155.53 Million ≈ $-181.83 Million	-9.58%
2022-12-31	€-141.93 Million ≈ $-165.93 Million	-2.94%
2021-12-31	€-137.88 Million ≈ $-161.20 Million	+6.08%
2020-12-31	€-146.80 Million ≈ $-171.62 Million	-130.47%
2019-12-31	€481.75 Million ≈ $563.21 Million	+5555.65%
2018-12-31	€8.52 Million ≈ $9.96 Million	+105.17%
2017-12-31	€-164.85 Million ≈ $-192.72 Million	-236.04%
2016-12-31	€121.17 Million ≈ $141.66 Million	-13.51%
2015-12-31	€140.09 Million ≈ $163.79 Million	-46.19%
2014-12-31	€260.35 Million ≈ $304.37 Million	+3.40%
2013-12-31	€251.78 Million ≈ $294.36 Million	-19.06%
2012-12-31	€311.06 Million ≈ $363.66 Million	+11.25%
2011-12-31	€279.59 Million ≈ $326.87 Million	+24.22%
2010-12-31	€225.08 Million ≈ $263.15 Million	+20.52%
2009-12-31	€186.76 Million ≈ $218.35 Million	+21.84%
2008-12-31	€153.29 Million ≈ $179.21 Million	+1.05%
2007-12-31	€151.70 Million ≈ $177.35 Million	+19.12%
2006-12-31	€127.35 Million ≈ $148.89 Million	+23.94%
2005-12-31	€102.75 Million ≈ $120.13 Million	+50.31%
2004-12-31	€68.36 Million ≈ $79.92 Million	+13.23%
2003-12-31	€60.37 Million ≈ $70.58 Million	-16.24%
2002-12-31	€72.08 Million ≈ $84.27 Million	+1.95%
2001-12-31	€70.70 Million ≈ $82.66 Million	-99.40%
2000-12-31	€11.78 Billion ≈ $13.77 Billion	--

Equity Component Analysis

This analysis shows how different components contribute to Duro Felguera'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 45068800000.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Common Stock	€10.76 Million	%
Other Comprehensive Income	€-348.46 Million	%
Other Components	€450.69 Million	%
Total Equity	€-337.70 Million	100.00%

Duro Felguera Competitors by Market Cap

The table below lists competitors of Duro Felguera ranked by their market capitalization.

Company	Market Cap
Farm Price Holdings Berhad KLSE:0304	$36.72 Million
Li Kang Biomedical Co Ltd TWO:6242	$36.73 Million
Atlantaa Limited NSE:ATLANTAA	$36.73 Million
Dedicare AB (publ) ST:DEDI	$36.73 Million
Seowon KO:021050	$36.71 Million
DPS Resources Bhd KLSE:7198	$36.69 Million
Ihlas Holding AS IS:IHLAS	$36.69 Million
AS Ekspress Grupp F:DYC	$36.68 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Duro Felguera's equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from -270,016,000 to -337,704,000, a change of -67,688,000.
Net loss of 71,001,000 reduced equity.
Other comprehensive income decreased equity by 348,462,999.
Other factors increased equity by 351,775,999.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	€-71.00 Million	-21.02%
Other Comprehensive Income	€-348.46 Million	-103.19%
Other Changes	€351.78 Million	+104.17%
Total Change	€-	%

Book Value vs Market Value Analysis

This analysis compares Duro Felguera'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

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2017-12-31	€-6.34	€0.25	x
2018-12-31	€0.47	€0.25	x
2019-12-31	€0.33	€0.25	x
2020-12-31	€-1.53	€0.25	x
2021-12-31	€-1.33	€0.25	x
2022-12-31	€-1.22	€0.25	x
2023-12-31	€-1.63	€0.25	x
2024-12-31	€-1.26	€0.25	x
2025-12-31	€-1.57	€0.25	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Duro Felguera 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): 0.00%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -44.08%
• Asset Turnover: 1.19x
• Equity Multiplier: 0.00x
Recent ROE (0.00%) is below the historical average (22.45%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2005	24.37%	4.54%	1.06x	5.07x	€13.67 Million
2006	28.46%	6.00%	0.93x	5.07x	€22.06 Million
2007	29.93%	5.00%	1.00x	6.00x	€28.29 Million
2008	36.02%	5.49%	1.02x	6.41x	€37.08 Million
2009	39.87%	7.56%	0.81x	6.50x	€52.55 Million
2011	37.34%	12.44%	0.60x	4.97x	€72.97 Million
2012	39.04%	12.65%	0.79x	3.88x	€86.24 Million
2013	35.37%	9.03%	0.90x	4.33x	€59.88 Million
2014	19.75%	5.18%	0.89x	4.30x	€23.70 Million
2015	-51.00%	-8.93%	0.75x	7.62x	€-82.40 Million
2016	-15.49%	-2.57%	0.67x	9.05x	€-29.95 Million
2017	0.00%	-40.78%	0.82x	0.00x	€-239.39 Million
2018	220.92%	23.60%	0.64x	14.64x	€94.93 Million
2019	4.33%	0.36%	0.79x	15.04x	€-1.82 Million
2020	0.00%	-128.92%	0.54x	0.00x	€-156.92 Million
2021	0.00%	26.77%	0.29x	0.00x	€36.45 Million
2022	0.00%	4.27%	0.50x	0.00x	€19.26 Million
2023	0.00%	-7.78%	0.86x	0.00x	€-6.26 Million
2024	0.00%	-34.39%	1.32x	0.00x	€-71.37 Million
2025	0.00%	-44.08%	1.19x	0.00x	€-37.23 Million

Industry Comparison

This section compares Duro Felguera's net assets metrics with peer companies in the Engineering & Construction industry.

Industry Context

Industry: Engineering & Construction
Average net assets among peers: $1,435,096,520
Average return on equity (ROE) among peers: -57.14%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Duro Felguera (MDF)	€-332.62 Million	24.37%	N/A	$36.71 Million
ACS Actividades de Construccion y Servicios SA (ACS)	$2.22 Billion	20.35%	4.67x	$26.81 Billion
Acciona (ANA)	$3.43 Billion	9.45%	2.18x	$13.96 Billion
CLERHP Estructuras S.A (CLR)	$-1.78 Million	0.00%	0.00x	$100.82 Million
Elecnor S.A (ENO)	$603.37 Million	14.52%	5.03x	$3.31 Billion
Enerside Energy S.A. (ENRS)	$6.44 Million	-601.62%	10.66x	$24.75 Million
Grupo Ezentis S.A (EZE)	$221.71 Million	7.21%	1.43x	$53.57 Million
Ferrovial S.A. (FER)	$6.23 Billion	7.28%	2.69x	$41.45 Billion
Grenergy Renovables S.A (GRE)	$16.04 Million	21.90%	2.58x	$3.42 Billion
Grupo Empresarial San Jose SA (GSJ)	$182.14 Million	6.64%	4.12x	$508.50 Million

About Duro Felguera

MC:MDF Spain Engineering & Construction

Market Cap

$63.90 Million

€54.66 Million EUR

Market Cap Rank

#23062 Global

#166 in Spain

Share Price

€0.25

Change (1 day)

+1.60%

52-Week Range

€0.15 - €0.30

All Time High

€14.73