ALD S.A
Ayvens provides service leasing and vehicle fleet management services in the France, Rest of Europe, Latin America, Asia, and internationally. The company's products and services include full-service leasing, fleet management, mobility solutions, consultancy services, car auctions, and sale or lease back for fleet managers and drivers. The company was formerly known as ALD S.A. and changed its na… Read more
ALD S.A (ALLDF) - Net Assets
Latest net assets as of June 2025: $11.19 Billion USD
Based on the latest financial reports, ALD S.A (ALLDF) has net assets worth $11.19 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 ($73.10 Billion) and total liabilities ($61.91 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 | $11.19 Billion |
| % of Total Assets | 15.31% |
| Annual Growth Rate | 19.31% |
| 5-Year Change | 166.07% |
| 10-Year Change | N/A |
| Growth Volatility | 20.7 |
ALD S.A - Net Assets Trend (2014–2024)
This chart illustrates how ALD 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 ALD S.A (2014–2024)
The table below shows the annual net assets of ALD S.A from 2014 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $11.16 Billion | -1.67% |
| 2023-12-31 | $11.35 Billion | +64.22% |
| 2022-12-31 | $6.91 Billion | +42.65% |
| 2021-12-31 | $4.85 Billion | +15.50% |
| 2020-12-31 | $4.20 Billion | +23.45% |
| 2017-12-31 | $3.40 Billion | +12.81% |
| 2016-12-31 | $3.01 Billion | +9.06% |
| 2015-12-31 | $2.76 Billion | +44.65% |
| 2014-12-31 | $1.91 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to ALD 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 grown by 272.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $5.23 Billion | 46.95% |
| Other Components | $5.91 Billion | 53.05% |
| Total Equity | $11.13 Billion | 100.00% |
ALD S.A Competitors by Market Cap
The table below lists competitors of ALD S.A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Arrowhead Pharmaceuticals Inc
NASDAQ:ARWR
|
$6.73 Billion |
|
Sprouts Farmers Market LLC
NASDAQ:SFM
|
$6.74 Billion |
|
Accelleron Industries AG
SW:ACLN
|
$6.75 Billion |
|
Square Enix Holdings Co. Ltd
PINK:SQNXF
|
$6.75 Billion |
|
LARGAN Precision Co Ltd
TW:3008
|
$6.73 Billion |
|
Kirby Corporation
NYSE:KEX
|
$6.73 Billion |
|
HULIC CO. LTD.
F:87W
|
$6.73 Billion |
|
Accor SA
PINK:ACRFF
|
$6.73 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in ALD S.A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 10,826,000,000 to 11,135,000,000, a change of 309,000,000 (2.9%).
- Net income of 683,600,000 contributed positively to equity growth.
- Dividend payments of 383,500,000 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $683.60 Million | +6.14% |
| Dividends Paid | $383.50 Million | -3.44% |
| Other Changes | $8.90 Million | +0.08% |
| Total Change | $- | 2.85% |
Book Value vs Market Value Analysis
This analysis compares ALD 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: 0.60x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 0.88x to 0.60x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | $9.43 | $8.25 | x |
| 2021-12-31 | $10.89 | $8.25 | x |
| 2022-12-31 | $12.18 | $8.25 | x |
| 2023-12-31 | $13.27 | $8.25 | x |
| 2024-12-31 | $13.65 | $8.25 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently ALD 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): 6.14%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.73%
- • Asset Turnover: 0.17x
- • Equity Multiplier: 13.49x
- Recent ROE (6.14%) is below the historical average (14.53%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 19.95% | 5.94% | 0.45x | 7.51x | $187.30 Million |
| 2015 | 15.54% | 6.21% | 0.43x | 5.76x | $151.29 Million |
| 2016 | 17.18% | 6.77% | 0.41x | 6.22x | $213.94 Million |
| 2017 | 16.87% | 6.88% | 0.39x | 6.31x | $231.15 Million |
| 2020 | 12.24% | 5.15% | 0.39x | 6.02x | $93.37 Million |
| 2021 | 18.14% | 8.33% | 0.39x | 5.61x | $391.82 Million |
| 2022 | 17.68% | 10.66% | 0.36x | 4.55x | $527.95 Million |
| 2023 | 7.02% | 4.06% | 0.27x | 6.49x | $-322.60 Million |
| 2024 | 6.14% | 2.73% | 0.17x | 13.49x | $-429.90 Million |
Industry Comparison
This section compares ALD S.A's net assets metrics with peer companies in the Rental & Leasing Services industry.
Industry Context
- Industry: Rental & Leasing Services
- Average net assets among peers: $1,256,858,632
- Average return on equity (ROE) among peers: -26.56%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| ALD S.A (ALLDF) | $11.19 Billion | 19.95% | 5.53x | $6.73 Billion |
| AerCap Holdings NV (AER) | $95.64 Million | -290.23% | 46.07x | $21.49 Billion |
| Senmiao Technology Ltd (AIHS) | $12.57 Million | -4.27% | 0.58x | $6.15 Million |
| Artificial Intelligence Technology Solutions Inc (AITX) | $-746.83K | 0.00% | 0.00x | $12.64 Million |
| Air Lease Corporation (AL) | $7.16 Billion | 8.58% | 3.25x | $6.80 Billion |
| Alta Equipment Group Inc (ALTG) | $-8.62K | 0.00% | 0.00x | $101.18 Million |
| TOUAX (ALTOU) | $129.11 Million | -2.48% | 2.40x | $21.06 Million |
| Autohellas S.A (AOHLF) | $195.75 Million | 11.59% | 1.92x | $66.70 Million |
| Ashtead Group plc (ASHTF) | $3.28 Billion | 20.18% | 1.84x | $20.11 Billion |
| Ashtead Gro (ASHTY) | $442.03 Million | 17.62% | 2.79x | $30.08 Billion |