A2A S.p.A
A2A S.p.A. engages in the production, sale, and distribution of gas and electricity, and district heating in Italy and internationally. It generates electricity through hydroelectric, thermoelectric, photovoltaic, and wind plants; and sells and distributes gas. The company also engages in the production and sale of heat produced through district heating networks; waste management activities, incl… Read more
A2A S.p.A (AEMMF) - Net Assets
Latest net assets as of June 2025: $6.11 Billion USD
Based on the latest financial reports, A2A S.p.A (AEMMF) has net assets worth $6.11 Billion USD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($19.92 Billion) and total liabilities ($13.81 Billion). 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 | $6.11 Billion |
| % of Total Assets | 30.69% |
| Annual Growth Rate | 6.56% |
| 5-Year Change | 45.85% |
| 10-Year Change | 84.2% |
| Growth Volatility | 8.79 |
A2A S.p.A - Net Assets Trend (2014–2024)
This chart illustrates how A2A S.p.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 A2A S.p.A (2014–2024)
The table below shows the annual net assets of A2A S.p.A from 2014 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $6.00 Billion | +25.01% |
| 2023-12-31 | $4.80 Billion | +7.50% |
| 2022-12-31 | $4.47 Billion | +3.81% |
| 2021-12-31 | $4.30 Billion | +4.54% |
| 2020-12-31 | $4.12 Billion | +12.74% |
| 2019-12-31 | $3.65 Billion | +3.63% |
| 2018-12-31 | $3.52 Billion | +16.93% |
| 2017-12-31 | $3.01 Billion | -8.11% |
| 2016-12-31 | $3.28 Billion | +0.61% |
| 2015-12-31 | $3.26 Billion | +2.52% |
| 2014-12-31 | $3.18 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to A2A S.p.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 grown by 90100000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $864.00 Million | 15.87% |
| Other Components | $4.58 Billion | 84.13% |
| Total Equity | $5.45 Billion | 100.00% |
A2A S.p.A Competitors by Market Cap
The table below lists competitors of A2A S.p.A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Lundin Mining Corporation
PINK:LUNMF
|
$4.52 Billion |
|
Bank Ozk
NASDAQ:OZK
|
$4.52 Billion |
|
Energy Fuels Inc
NYSE MKT:UUUU
|
$4.52 Billion |
|
Millrose Properties, Inc.
NYSE:MRP
|
$4.53 Billion |
|
Frontdoor Inc
NASDAQ:FTDR
|
$4.51 Billion |
|
Plains GP Holdings LP
NASDAQ:PAGP
|
$4.50 Billion |
|
Wix.Com Ltd
NASDAQ:WIX
|
$4.50 Billion |
|
Monotaro Co Ltd
PINK:MONOY
|
$4.50 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in A2A S.p.A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 4,240,000,000 to 5,445,000,000, a change of 1,205,000,000 (28.4%).
- Net income of 864,000,000 contributed positively to equity growth.
- Other factors increased equity by 341,000,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $864.00 Million | +15.87% |
| Other Changes | $341.00 Million | +6.26% |
| Total Change | $- | 28.42% |
Book Value vs Market Value Analysis
This analysis compares A2A S.p.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: 1.66x
- 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 3.12x to 1.66x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | $0.93 | $2.89 | x |
| 2018-12-31 | $1.01 | $2.89 | x |
| 2019-12-31 | $1.06 | $2.89 | x |
| 2020-12-31 | $1.14 | $2.89 | x |
| 2021-12-31 | $1.22 | $2.89 | x |
| 2022-12-31 | $1.24 | $2.89 | x |
| 2023-12-31 | $1.35 | $2.89 | x |
| 2024-12-31 | $1.74 | $2.89 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently A2A S.p.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): 15.87%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.84%
- • Asset Turnover: 0.64x
- • Equity Multiplier: 3.65x
- Recent ROE (15.87%) is above the historical average (9.84%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | -1.43% | -0.78% | 0.46x | 4.01x | $-294.90 Million |
| 2015 | 2.76% | 1.54% | 0.48x | 3.70x | $-191.60 Million |
| 2016 | 8.51% | 5.02% | 0.45x | 3.81x | $-40.60 Million |
| 2017 | 10.18% | 5.24% | 0.56x | 3.46x | $5.20 Million |
| 2018 | 10.97% | 5.46% | 0.61x | 3.30x | $30.50 Million |
| 2019 | 11.83% | 5.46% | 0.66x | 3.26x | $60.10 Million |
| 2020 | 10.29% | 5.46% | 0.55x | 3.46x | $10.30 Million |
| 2021 | 13.40% | 4.44% | 0.63x | 4.79x | $128.00 Million |
| 2022 | 10.28% | 1.74% | 1.08x | 5.48x | $11.10 Million |
| 2023 | 15.54% | 4.50% | 0.78x | 4.43x | $235.00 Million |
| 2024 | 15.87% | 6.84% | 0.64x | 3.65x | $319.50 Million |
Industry Comparison
This section compares A2A S.p.A's net assets metrics with peer companies in the Utilities - Diversified industry.
Industry Context
- Industry: Utilities - Diversified
- Average net assets among peers: $4,480,179,298
- Average return on equity (ROE) among peers: 6.30%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| A2A S.p.A (AEMMF) | $6.11 Billion | -1.43% | 2.26x | $4.51 Billion |
| ACEA S.p.A (ACEJF) | $1.90 Billion | 14.24% | 3.29x | $780.10 Million |
| Atco Ltd (ACLLF) | $2.57 Billion | 6.35% | 1.49x | $2.59 Billion |
| The AES Corporation (AES) | $10.41 Billion | -0.53% | 2.89x | $10.06 Billion |
| Allete Inc (ALE) | $673.20 Million | 11.48% | 1.28x | $3.93 Billion |
| Algonquin Power & Utilities Corp (AQN) | $1.41 Billion | 1.04% | 0.98x | $4.08 Billion |
| Avista Corporation (AVA) | $1.53 Billion | 8.06% | 2.21x | $3.23 Billion |
| Brookfield Infrastructure Partners LP (BIP) | $14.67 Billion | 1.31% | 1.49x | $16.66 Billion |
| Commerce Energy Group Inc (CMNR) | $93.62 Million | 5.79% | 0.34x | $0.94 |
| Canadian Utilities Limited (CUTLF) | $7.07 Billion | 8.94% | 2.11x | $4.62 Billion |