ABC arbitrage SA
ABC arbitrage SA, together with its subsidiaries, develops arbitrage strategies for liquid assets in Europe, North America, Asia, and internationally. It develops liquidity, statistical, risk, and derivatives arbitrage strategies, as well as provides asset and portfolio management services. The company was incorporated in 1995 and is headquartered in Paris, France.
ABC arbitrage SA (ABCA) - Net Assets
Latest net assets as of June 2025: €174.43 Million EUR
Based on the latest financial reports, ABC arbitrage SA (ABCA) has net assets worth €174.43 Million EUR as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€190.36 Million) and total liabilities (€15.93 Million). 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 | €174.43 Million |
| % of Total Assets | 91.63% |
| Annual Growth Rate | 7.03% |
| 5-Year Change | 6.56% |
| 10-Year Change | 16.22% |
| Growth Volatility | 156.83 |
ABC arbitrage SA - Net Assets Trend (2002–2024)
This chart illustrates how ABC arbitrage 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 ABC arbitrage SA (2002–2024)
The table below shows the annual net assets of ABC arbitrage SA from 2002 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €164.13 Million | +5.61% |
| 2023-12-31 | €155.41 Million | -3.86% |
| 2022-12-31 | €161.66 Million | +1.02% |
| 2021-12-31 | €160.02 Million | +3.89% |
| 2020-12-31 | €154.03 Million | +10.10% |
| 2019-12-31 | €139.90 Million | -4.37% |
| 2018-12-31 | €146.29 Million | -1.73% |
| 2017-12-31 | €148.87 Million | -5.86% |
| 2016-12-31 | €158.13 Million | +11.97% |
| 2015-12-31 | €141.23 Million | +7.83% |
| 2014-12-31 | €130.97 Million | +10.19% |
| 2013-12-31 | €118.86 Million | -13.92% |
| 2012-12-31 | €138.08 Million | -86.69% |
| 2011-12-31 | €1.04 Billion | +724.11% |
| 2010-12-31 | €125.86 Million | +20.30% |
| 2009-12-31 | €104.62 Million | +24.77% |
| 2008-12-31 | €83.85 Million | +31.05% |
| 2007-12-31 | €63.99 Million | +118.99% |
| 2005-12-31 | €29.22 Million | +16.30% |
| 2004-12-31 | €25.12 Million | -29.75% |
| 2003-12-31 | €35.76 Million | -2.79% |
| 2002-12-31 | €36.79 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to ABC arbitrage 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 grown by 2684500000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €26.84 Million | 16.36% |
| Common Stock | €954.00K | 0.58% |
| Other Components | €136.33 Million | 83.06% |
| Total Equity | €164.13 Million | 100.00% |
ABC arbitrage SA Competitors by Market Cap
The table below lists competitors of ABC arbitrage SA ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Guiyang Xintian Pharmaceutical Co Ltd
SHE:002873
|
$207.58 Million |
|
SGL Carbon SE
PINK:SGLFF
|
$207.60 Million |
|
Chalice Mining Limited
PINK:CGMLF
|
$207.69 Million |
|
AUTOHELLAS S.A.NA EO 108
F:0AH1
|
$207.69 Million |
|
China-Singapore Suzhou Industrial Park Development Group Co Ltd
SHG:601512
|
$207.43 Million |
|
Western New England Bancorp Inc
NASDAQ:WNEB
|
$207.43 Million |
|
Impax Asset Management Group plc
PINK:IPXAF
|
$207.41 Million |
|
Qingdao Citymedia Co Ltd
SHG:600229
|
$207.35 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in ABC arbitrage SA's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 155,409,000 to 164,129,000, a change of 8,720,000 (5.6%).
- Net income of 26,845,000 contributed positively to equity growth.
- Dividend payments of 17,785,000 reduced retained earnings.
- Share repurchases of 2,649,000 reduced equity.
- Other factors increased equity by 2,309,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €26.84 Million | +16.36% |
| Dividends Paid | €17.79 Million | -10.84% |
| Share Repurchases | €2.65 Million | -1.61% |
| Other Changes | €2.31 Million | +1.41% |
| Total Change | €- | 5.61% |
Book Value vs Market Value Analysis
This analysis compares ABC arbitrage 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: 2.10x
- 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 3.15x to 2.10x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2002-12-31 | €1.84 | €5.78 | x |
| 2003-12-31 | €1.51 | €5.78 | x |
| 2004-12-31 | €0.90 | €5.78 | x |
| 2005-12-31 | €0.97 | €5.78 | x |
| 2006-12-31 | €1.34 | €5.78 | x |
| 2007-12-31 | €1.56 | €5.78 | x |
| 2008-12-31 | €2.22 | €5.78 | x |
| 2009-12-31 | €2.50 | €5.78 | x |
| 2010-12-31 | €2.47 | €5.78 | x |
| 2011-12-31 | €2.73 | €5.78 | x |
| 2012-12-31 | €2.61 | €5.78 | x |
| 2013-12-31 | €2.27 | €5.78 | x |
| 2014-12-31 | €2.36 | €5.78 | x |
| 2015-12-31 | €2.49 | €5.78 | x |
| 2016-12-31 | €2.64 | €5.78 | x |
| 2017-12-31 | €2.52 | €5.78 | x |
| 2018-12-31 | €2.52 | €5.78 | x |
| 2019-12-31 | €2.40 | €5.78 | x |
| 2020-12-31 | €2.55 | €5.78 | x |
| 2021-12-31 | €2.62 | €5.78 | x |
| 2022-12-31 | €2.70 | €5.78 | x |
| 2023-12-31 | €2.61 | €5.78 | x |
| 2024-12-31 | €2.75 | €5.78 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently ABC arbitrage 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): 16.36%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 52.21%
- • Asset Turnover: 0.29x
- • Equity Multiplier: 1.09x
- Recent ROE (16.36%) is below the historical average (20.79%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 13.81% | 279.80% | 0.02x | 2.81x | €1.40 Million |
| 2003 | 23.19% | 516.94% | 0.01x | 4.44x | €4.72 Million |
| 2004 | 22.02% | 607.80% | 0.00x | 8.84x | €3.02 Million |
| 2005 | 24.07% | 32.35% | 0.06x | 12.56x | €4.11 Million |
| 2006 | 32.82% | 37.59% | 0.87x | 1.00x | €10.18 Million |
| 2007 | 36.62% | 41.92% | 0.08x | 10.32x | €15.07 Million |
| 2008 | 48.46% | 46.06% | 0.21x | 5.09x | €32.25 Million |
| 2009 | 29.03% | 47.78% | 0.14x | 4.31x | €19.91 Million |
| 2010 | 23.05% | 48.27% | 0.09x | 5.24x | €16.43 Million |
| 2011 | 24.05% | 46.28% | 0.07x | 7.28x | €20.02 Million |
| 2012 | 17.61% | 50.45% | 0.04x | 8.55x | €10.50 Million |
| 2013 | 8.46% | 42.10% | 0.02x | 8.32x | €-1.83 Million |
| 2014 | 14.38% | 40.65% | 0.07x | 4.83x | €5.73 Million |
| 2015 | 17.16% | 50.66% | 0.31x | 1.08x | €10.12 Million |
| 2016 | 19.31% | 56.92% | 0.32x | 1.05x | €14.73 Million |
| 2017 | 12.30% | 47.50% | 0.25x | 1.03x | €3.42 Million |
| 2018 | 13.45% | 48.91% | 0.26x | 1.04x | €5.05 Million |
| 2019 | 13.11% | 49.24% | 0.25x | 1.05x | €4.35 Million |
| 2020 | 22.78% | 50.78% | 0.40x | 1.12x | €19.69 Million |
| 2021 | 17.52% | 43.58% | 0.35x | 1.16x | €12.04 Million |
| 2022 | 18.03% | 47.45% | 0.33x | 1.16x | €12.98 Million |
| 2023 | 10.60% | 41.39% | 0.23x | 1.11x | €940.10K |
| 2024 | 16.36% | 52.21% | 0.29x | 1.09x | €10.43 Million |
Industry Comparison
This section compares ABC arbitrage SA's net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $1,038,203,778
- Average return on equity (ROE) among peers: 3.84%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| ABC arbitrage SA (ABCA) | €174.43 Million | 13.81% | 0.09x | $207.45 Million |
| Audacia SAS (ALAUD) | $13.03 Million | 2.02% | 0.90x | $12.12 Million |
| Compagnie Lebon S.A. (ALBON) | $211.88 Million | 5.65% | 0.58x | $36.50 Million |
| Crypto Blockchain Industries SA (ALCBI) | $666.90K | 22.78% | 0.47x | $6.61 Million |
| Hamilton Global Opportunities PLC (ALHGO) | $13.55 Million | -5.77% | 0.03x | $14.14 Million |
| Antin IP SA (ANTIN) | $499.71 Million | 26.43% | 0.30x | $575.99 Million |
| Compagnie du Cambodge (CBDG) | $7.38 Billion | 0.62% | 0.02x | $65.84 Million |
| Electricite et Eaux de Madagascar SA (EEM) | $68.08 Million | -0.88% | 0.34x | $4.90 Million |
| Transition Evergreen (EGR) | $2.04 Million | -16.80% | 1.82x | $121.15K |
| Financiere Moncey S.A. (FMONC) | $1.15 Billion | 0.50% | 0.01x | $95.66 Million |