Aperam SA
Aperam S.A., together with its subsidiaries, produces and sells stainless steel and alloy products worldwide. It operates through four segments: Stainless & Electrical Steel; Services & Solutions; Alloys & Specialties; and Recycling & Renewables. The company offers a range of stainless steel and electrical steel products, including grain oriented and non-grain oriented. It is also involved in the… Read more
Aperam SA (APMSF) - Net Assets
Latest net assets as of December 2025: $3.21 Billion USD
Based on the latest financial reports, Aperam SA (APMSF) has net assets worth $3.21 Billion USD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($5.17 Billion) and total liabilities ($1.97 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 | $3.21 Billion |
| % of Total Assets | 62.03% |
| Annual Growth Rate | -0.85% |
| 5-Year Change | 8.7% |
| 10-Year Change | 29.18% |
| Growth Volatility | 13.75 |
Aperam SA - Net Assets Trend (2010–2025)
This chart illustrates how Aperam SA's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Aperam SA (2010–2025)
The table below shows the annual net assets of Aperam SA from 2010 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $3.21 Billion | -4.63% |
| 2024-12-31 | $3.37 Billion | -2.43% |
| 2023-12-31 | $3.45 Billion | +1.71% |
| 2022-12-31 | $3.39 Billion | +14.87% |
| 2021-12-31 | $2.95 Billion | +33.98% |
| 2020-12-31 | $2.20 Billion | -8.85% |
| 2019-12-31 | $2.42 Billion | -4.01% |
| 2018-12-31 | $2.52 Billion | -0.92% |
| 2017-12-31 | $2.54 Billion | +2.31% |
| 2016-12-31 | $2.48 Billion | +11.84% |
| 2015-12-31 | $2.22 Billion | -16.97% |
| 2014-12-31 | $2.68 Billion | -22.14% |
| 2011-12-31 | $3.44 Billion | -5.81% |
| 2010-12-31 | $3.65 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Aperam SA'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 |
|---|---|---|
| Other Components | $3.19 Billion | 100.00% |
| Total Equity | $3.19 Billion | 100.00% |
Aperam SA Competitors by Market Cap
The table below lists competitors of Aperam SA ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Liberty Latin America Ltd
NASDAQ:LILA
|
$1.31 Billion |
|
Kinnevik AB Series A
LSE:0RGZ
|
$1.31 Billion |
|
Shenzhen Clou Electronics Co Ltd
SHE:002121
|
$1.31 Billion |
|
Kingclean Electric Co Ltd
SHG:603355
|
$1.31 Billion |
|
Embracer Group AB
PINK:THQQF
|
$1.31 Billion |
|
Dalian Zeus Entertainment
SHE:002354
|
$1.31 Billion |
|
Renaissance Oil Corp
F:2R7
|
$1.31 Billion |
|
Global Partners LP
NYSE:GLP
|
$1.31 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Aperam SA's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 3,354,000,000 to 3,195,000,000, a change of -159,000,000 (-4.7%).
- Net income of 9,000,000 contributed positively to equity growth.
- Dividend payments of 145,000,000 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $9.00 Million | +0.28% |
| Dividends Paid | $145.00 Million | -4.54% |
| Other Changes | $-23.00 Million | -0.72% |
| Total Change | $- | -4.74% |
Book Value vs Market Value Analysis
This analysis compares Aperam SA'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: 0.66x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2015-12-31 | $0.00 | $30.50 | x |
| 2016-12-31 | $0.00 | $30.50 | x |
| 2017-12-31 | $29.76 | $30.50 | x |
| 2018-12-31 | $30.10 | $30.50 | x |
| 2019-12-31 | $30.24 | $30.50 | x |
| 2020-12-31 | $27.54 | $30.50 | x |
| 2021-12-31 | $37.80 | $30.50 | x |
| 2022-12-31 | $46.89 | $30.50 | x |
| 2023-12-31 | $47.64 | $30.50 | x |
| 2024-12-31 | $46.40 | $30.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Aperam SA 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): 0.28%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.15%
- • Asset Turnover: 1.17x
- • Equity Multiplier: 1.62x
- Recent ROE (0.28%) is below the historical average (8.77%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2010 | 2.85% | 1.86% | 0.76x | 2.01x | $-260.90 Million |
| 2011 | -1.75% | -0.95% | 1.02x | 1.80x | $-403.70 Million |
| 2014 | 3.56% | 1.73% | 1.05x | 1.95x | $-172.20 Million |
| 2015 | 7.76% | 3.65% | 1.10x | 1.94x | $-49.70 Million |
| 2016 | 8.63% | 5.02% | 0.91x | 1.88x | $-34.10 Million |
| 2017 | 11.85% | 7.15% | 0.96x | 1.72x | $47.01 Million |
| 2018 | 11.37% | 6.12% | 1.08x | 1.72x | $34.50 Million |
| 2019 | 6.13% | 3.49% | 1.00x | 1.76x | $-93.40 Million |
| 2020 | 7.95% | 4.83% | 0.91x | 1.80x | $-45.00 Million |
| 2021 | 32.87% | 18.97% | 0.86x | 2.01x | $673.50 Million |
| 2022 | 18.46% | 7.66% | 1.30x | 1.85x | $286.50 Million |
| 2023 | 5.90% | 3.08% | 1.06x | 1.81x | $-141.20 Million |
| 2024 | 6.89% | 3.69% | 1.07x | 1.74x | $-104.40 Million |
| 2025 | 0.28% | 0.15% | 1.17x | 1.62x | $-310.50 Million |
Industry Comparison
This section compares Aperam SA's net assets metrics with peer companies in the Steel industry.
Industry Context
- Industry: Steel
- Average net assets among peers: $11,808,289,267
- Average return on equity (ROE) among peers: 2.60%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Aperam SA (APMSF) | $3.21 Billion | 2.85% | 0.61x | $1.31 Billion |
| Acerinox S.A. (ACRXF) | $1.93 Billion | -3.09% | 1.28x | $1.71 Billion |
| ArcelorMittal SA (AMSYF) | $11.98 Billion | 27.55% | 1.59x | $12.85 Billion |
| Angang Steel Company Limited (ANGGF) | $50.39 Billion | 11.12% | 0.77x | $641.51 Million |
| Aperam PK (APEMY) | $3.79 Billion | 7.21% | 0.73x | $1.17 Billion |
| ArcelorMittal South Africa Ltd (ARCXF) | $28.00 Billion | 33.51% | 0.34x | $14.02 Million |
| Algoma Steel Group Inc (ASTL) | $173.80 Million | -92.29% | 7.94x | $280.31 Million |
| Algoma Steel Group Inc. Warrant (ASTLW) | $-530.90 Million | 0.00% | 0.00x | $6.74 Million |
| BCI Minerals Limited (BIRNF) | $103.61 Million | 12.45% | 0.26x | $227.67 Million |
| BlueScope Steel Limited (BLSFF) | $10.45 Billion | 26.90% | 0.59x | $5.72 Billion |