Accor S. A.
Accor SA operates a chain of hotels worldwide. It operates through Premium, Midscale and Economy; and Luxury & Lifestyle segments. The Premium, Midscale and Economy segment includes the Ibis, Novotel, Mercure, Swissôtel, Mövenpick, and Pullman brands operating in Europe and North Africa, the Middle East, Africa, the Asia-Pacific, the Americas, and China. Its Luxury & Lifestyle segment includes th… Read more
Accor S. A. (AC) - Net Assets
Latest net assets as of June 2025: €4.77 Billion EUR
Based on the latest financial reports, Accor S. A. (AC) has net assets worth €4.77 Billion EUR as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€11.83 Billion) and total liabilities (€7.06 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 | €4.77 Billion |
| % of Total Assets | 40.33% |
| Annual Growth Rate | 1.07% |
| 5-Year Change | 73.07% |
| 10-Year Change | 37.17% |
| Growth Volatility | 20.45 |
Accor S. A. - Net Assets Trend (2001–2024)
This chart illustrates how Accor 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 Accor S. A. (2001–2024)
The table below shows the annual net assets of Accor S. A. from 2001 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €5.47 Billion | +2.97% |
| 2023-12-31 | €5.31 Billion | +19.19% |
| 2022-12-31 | €4.46 Billion | +23.88% |
| 2021-12-31 | €3.60 Billion | +13.83% |
| 2020-12-31 | €3.16 Billion | -54.70% |
| 2019-12-31 | €6.97 Billion | +8.26% |
| 2018-12-31 | €6.44 Billion | +11.41% |
| 2017-12-31 | €5.78 Billion | -2.40% |
| 2016-12-31 | €5.92 Billion | +48.61% |
| 2015-12-31 | €3.99 Billion | +3.02% |
| 2014-12-31 | €3.87 Billion | +40.63% |
| 2013-12-31 | €2.75 Billion | -7.93% |
| 2012-12-31 | €2.99 Billion | -20.67% |
| 2011-12-31 | €3.77 Billion | -4.58% |
| 2010-12-31 | €3.95 Billion | +21.36% |
| 2009-12-31 | €3.25 Billion | -8.67% |
| 2008-12-31 | €3.56 Billion | -5.04% |
| 2007-12-31 | €3.75 Billion | -9.89% |
| 2006-12-31 | €4.16 Billion | -5.28% |
| 2005-12-31 | €4.40 Billion | +14.69% |
| 2004-12-31 | €3.83 Billion | +4.07% |
| 2003-12-31 | €3.68 Billion | -7.56% |
| 2002-12-31 | €3.98 Billion | -6.89% |
| 2001-12-31 | €4.28 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Accor 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 28.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €610.00 Million | 12.12% |
| Common Stock | €731.00 Million | 14.53% |
| Other Comprehensive Income | €1.42 Billion | 28.12% |
| Other Components | €2.28 Billion | 45.23% |
| Total Equity | €5.03 Billion | 100.00% |
Accor S. A. Competitors by Market Cap
The table below lists competitors of Accor S. A. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Stockland
PINK:STKAF
|
$7.45 Billion |
|
OTP Bank Nyrt
PINK:OTPGF
|
$7.45 Billion |
|
Shenzhen Envicool Technology Co Ltd
SHE:002837
|
$7.45 Billion |
|
China Mengniu Dairy Company Limited
PINK:CIADF
|
$7.45 Billion |
|
Korea Investment Holdings Co
KO:071050
|
$7.42 Billion |
|
Affiliated Managers Group Inc
NYSE:AMG
|
$7.42 Billion |
|
Eldorado Gold Corp
NYSE:EGO
|
$7.42 Billion |
|
Aegon NV
AS:AGN
|
$7.41 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Accor S. A.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,931,000,000 to 5,032,000,000, a change of 1,101,000,000 (28.0%).
- Net income of 610,000,000 contributed positively to equity growth.
- Dividend payments of 298,000,000 reduced retained earnings.
- Share repurchases of 404,000,000 reduced equity.
- New share issuances of 3,000,000 increased equity.
- Other comprehensive income increased equity by 1,256,000,000.
- Other factors decreased equity by 66,000,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €610.00 Million | +12.12% |
| Dividends Paid | €298.00 Million | -5.92% |
| Share Repurchases | €404.00 Million | -8.03% |
| Share Issuances | €3.00 Million | +0.06% |
| Other Comprehensive Income | €1.26 Billion | +24.96% |
| Other Changes | €-66.00 Million | -1.31% |
| Total Change | €- | 28.01% |
Book Value vs Market Value Analysis
This analysis compares Accor 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: 2.14x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 2.04x to 2.14x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2001-12-31 | €20.22 | €41.15 | x |
| 2002-12-31 | €18.55 | €41.15 | x |
| 2003-12-31 | €16.56 | €41.15 | x |
| 2004-12-31 | €16.36 | €41.15 | x |
| 2005-12-31 | €17.28 | €41.15 | x |
| 2006-12-31 | €16.80 | €41.15 | x |
| 2007-12-31 | €15.64 | €41.15 | x |
| 2008-12-31 | €14.88 | €41.15 | x |
| 2009-12-31 | €13.44 | €41.15 | x |
| 2010-12-31 | €16.09 | €41.15 | x |
| 2011-12-31 | €15.52 | €41.15 | x |
| 2012-12-31 | €12.14 | €41.15 | x |
| 2013-12-31 | €11.10 | €41.15 | x |
| 2014-12-31 | €15.78 | €41.15 | x |
| 2015-12-31 | €15.94 | €41.15 | x |
| 2016-12-31 | €21.77 | €41.15 | x |
| 2017-12-31 | €18.88 | €41.15 | x |
| 2018-12-31 | €21.90 | €41.15 | x |
| 2019-12-31 | €25.05 | €41.15 | x |
| 2020-12-31 | €11.80 | €41.15 | x |
| 2021-12-31 | €12.55 | €41.15 | x |
| 2022-12-31 | €15.43 | €41.15 | x |
| 2023-12-31 | €14.82 | €41.15 | x |
| 2024-12-31 | €19.22 | €41.15 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Accor 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): 12.12%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 10.88%
- • Asset Turnover: 0.46x
- • Equity Multiplier: 2.40x
- Recent ROE (12.12%) is above the historical average (6.71%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2001 | 11.85% | 6.57% | 0.60x | 3.03x | €74.10 Million |
| 2002 | 11.31% | 6.08% | 0.63x | 2.97x | €49.80 Million |
| 2003 | 7.73% | 3.99% | 0.62x | 3.14x | €-79.10 Million |
| 2004 | 6.34% | 3.29% | 0.61x | 3.13x | €-134.70 Million |
| 2005 | 7.74% | 4.40% | 0.57x | 3.06x | €-97.10 Million |
| 2006 | 12.23% | 6.65% | 0.68x | 2.72x | €91.20 Million |
| 2007 | 23.92% | 11.00% | 0.74x | 2.94x | €513.90 Million |
| 2008 | 17.40% | 7.43% | 0.68x | 3.45x | €244.50 Million |
| 2009 | -9.41% | -4.05% | 0.59x | 3.92x | €-581.70 Million |
| 2010 | 98.63% | 60.52% | 0.69x | 2.38x | €3.23 Billion |
| 2011 | 0.76% | 0.44% | 0.76x | 2.26x | €-326.70 Million |
| 2012 | -21.71% | -10.60% | 0.75x | 2.74x | €-874.90 Million |
| 2013 | 4.96% | 2.32% | 0.77x | 2.76x | €-127.80 Million |
| 2014 | 6.10% | 4.09% | 0.62x | 2.39x | €-142.70 Million |
| 2015 | 2.58% | 7.09% | 0.15x | 2.38x | €-279.20 Million |
| 2016 | 2.19% | 7.53% | 0.14x | 2.10x | €-441.80 Million |
| 2017 | 7.52% | 14.74% | 0.23x | 2.22x | €-135.20 Million |
| 2018 | -1.23% | -2.38% | 0.25x | 2.05x | €-710.80 Million |
| 2019 | 6.19% | 10.42% | 0.29x | 2.04x | €-260.20 Million |
| 2020 | -73.63% | -140.53% | 0.15x | 3.41x | €-2.59 Billion |
| 2021 | 1.52% | 2.27% | 0.20x | 3.28x | €-278.30 Million |
| 2022 | 9.90% | 9.52% | 0.36x | 2.89x | €-3.90 Million |
| 2023 | 16.10% | 12.52% | 0.45x | 2.87x | €239.90 Million |
| 2024 | 12.12% | 10.88% | 0.46x | 2.40x | €106.80 Million |
Industry Comparison
This section compares Accor S. A.'s net assets metrics with peer companies in the Lodging industry.
Industry Context
- Industry: Lodging
- Average net assets among peers: $83,968,587
- Average return on equity (ROE) among peers: -26.56%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Accor S. A. (AC) | €4.77 Billion | 11.85% | 1.48x | $7.42 Billion |
| Les Hotels Bav (ALLHB) | $32.15 Million | 7.52% | 0.16x | $29.74 Million |
| Les Hôtels de Paris SA (HDP) | $-12.15 Million | 0.00% | 0.00x | $3.56 Million |
| Hoteles Bestprice S.A. (MLHBP) | $210.88K | -225.95% | 24.74x | $41.36K |
| Société Hôtelière et Immobilière de Nice S.A (MLHIN) | $13.73 Million | 1.89% | 0.50x | $2.31 Million |
| Hotel Majestic Cannes (MLHMC) | $39.10 Million | 23.23% | 0.43x | $66.58 Million |
| Hotelim Société Anonyme (MLHOT) | $21.01 Million | 5.26% | 0.45x | $552.26K |
| Pierre et Vacances SA (VAC) | $493.74 Million | 2.13% | 2.39x | $389.62 Million |