AST Groupe
AST Groupe operates as a real estate developer in France. It engages in the development and construction of houses and apartments, as well as develops building land. The company's projects include individual houses, homes, timber frame houses, and club house villas. It also provides project financing, and real estate financing and insurance consultancy services, as well as kitchen and interior fi… Read more
AST Groupe (ALAST) - Net Assets
Latest net assets as of June 2023: €14.22 Million EUR
Based on the latest financial reports, AST Groupe (ALAST) has net assets worth €14.22 Million EUR as of June 2023.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€120.86 Million) and total liabilities (€106.64 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 | €14.22 Million |
| % of Total Assets | 11.77% |
| Annual Growth Rate | 4.2% |
| 5-Year Change | -22.78% |
| 10-Year Change | -5.41% |
| Growth Volatility | 15.18 |
AST Groupe - Net Assets Trend (2005–2022)
This chart illustrates how AST Groupe's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for AST Groupe (2005–2022)
The table below shows the annual net assets of AST Groupe from 2005 to 2022.
| Year | Net Assets | Change |
|---|---|---|
| 2022-12-31 | €27.58 Million | -26.82% |
| 2021-12-31 | €37.69 Million | -7.33% |
| 2020-12-31 | €40.67 Million | +17.39% |
| 2019-12-31 | €34.64 Million | -3.00% |
| 2018-12-31 | €35.71 Million | +1.76% |
| 2017-12-31 | €35.10 Million | +23.54% |
| 2016-12-31 | €28.41 Million | +5.70% |
| 2015-12-31 | €26.88 Million | -2.52% |
| 2014-12-31 | €27.57 Million | -5.43% |
| 2013-12-31 | €29.16 Million | -5.74% |
| 2012-12-31 | €30.93 Million | +12.16% |
| 2011-12-31 | €27.58 Million | +16.89% |
| 2010-12-31 | €23.59 Million | -6.32% |
| 2009-12-31 | €25.19 Million | +4.62% |
| 2008-12-31 | €24.07 Million | +7.47% |
| 2007-12-31 | €22.40 Million | +13.70% |
| 2006-12-31 | €19.70 Million | +43.71% |
| 2005-12-31 | €13.71 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to AST Groupe'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 283.3% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2022)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | €4.64 Million | 16.86% |
| Other Comprehensive Income | €30.59 Million | 111.02% |
| Other Components | €1.45 Million | 5.27% |
| Total Equity | €27.55 Million | 100.00% |
AST Groupe Competitors by Market Cap
The table below lists competitors of AST Groupe ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Nickel North Exploration Corp
V:NNX
|
$2.02 Million |
|
Orion Gold NL
JSE:ORN
|
$2.02 Million |
|
MHR Gayrimenkul Yatirim Ortakligi Anonim Sirketi
IS:MHRGY
|
$2.03 Million |
|
Multi-Usage Holdings Bhd
KLSE:9539
|
$2.03 Million |
|
Megalestari Epack Sentosaraya Pt
JK:EPAC
|
$2.02 Million |
|
PALATIN TECHS DL-01
F:PTN
|
$2.02 Million |
|
Versus Systems Inc
NASDAQ:VS
|
$2.02 Million |
|
Traka Resources Ltd
AU:TKL
|
$2.02 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in AST Groupe's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2021 to 2022, total equity changed from 37,700,000 to 27,552,000, a change of -10,148,000 (-26.9%).
- Net loss of 9,133,000 reduced equity.
- Dividend payments of 1,289,000 reduced retained earnings.
- Share repurchases of 4,000 reduced equity.
- Other comprehensive income decreased equity by 912,000.
- Other factors increased equity by 1,190,000.
Equity Change Factors (2021 to 2022)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-9.13 Million | -33.15% |
| Dividends Paid | €1.29 Million | -4.68% |
| Share Repurchases | €4.00K | -0.01% |
| Other Comprehensive Income | €-912.00K | -3.31% |
| Other Changes | €1.19 Million | +4.32% |
| Total Change | €- | -26.92% |
Book Value vs Market Value Analysis
This analysis compares AST Groupe'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: 0.23x
- 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 0.43x to 0.23x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-12-31 | €1.12 | €0.48 | x |
| 2006-12-31 | €1.47 | €0.48 | x |
| 2007-12-31 | €2.13 | €0.48 | x |
| 2008-12-31 | €2.03 | €0.48 | x |
| 2009-12-31 | €1.95 | €0.48 | x |
| 2010-12-31 | €2.01 | €0.48 | x |
| 2011-12-31 | €2.86 | €0.48 | x |
| 2012-12-31 | €2.45 | €0.48 | x |
| 2013-12-31 | €2.42 | €0.48 | x |
| 2014-12-31 | €2.19 | €0.48 | x |
| 2015-12-31 | €2.14 | €0.48 | x |
| 2016-12-31 | €2.26 | €0.48 | x |
| 2017-12-31 | €2.77 | €0.48 | x |
| 2018-12-31 | €2.77 | €0.48 | x |
| 2019-12-31 | €2.70 | €0.48 | x |
| 2020-12-31 | €3.15 | €0.48 | x |
| 2021-12-31 | €2.93 | €0.48 | x |
| 2022-12-31 | €2.14 | €0.48 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently AST Groupe 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): -33.15%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -5.86%
- • Asset Turnover: 1.17x
- • Equity Multiplier: 4.84x
- Recent ROE (-33.15%) is below the historical average (10.93%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 36.35% | 9.01% | 1.77x | 2.28x | €3.61 Million |
| 2006 | 39.20% | 7.78% | 2.11x | 2.39x | €5.24 Million |
| 2007 | 15.01% | 3.58% | 1.63x | 2.58x | €1.08 Million |
| 2008 | 13.13% | 3.12% | 1.74x | 2.42x | €752.60K |
| 2009 | 4.07% | 1.19% | 1.28x | 2.67x | €-1.45 Million |
| 2010 | -3.26% | -0.96% | 1.22x | 2.78x | €-3.35 Million |
| 2011 | 18.18% | 4.46% | 1.38x | 2.96x | €2.45 Million |
| 2012 | 15.11% | 3.73% | 1.47x | 2.76x | €1.59 Million |
| 2013 | 1.24% | 0.33% | 1.41x | 2.64x | €-2.57 Million |
| 2014 | 2.74% | 0.69% | 1.38x | 2.85x | €-2.01 Million |
| 2015 | 5.60% | 1.43% | 1.32x | 2.95x | €-1.18 Million |
| 2016 | 13.70% | 3.10% | 1.36x | 3.26x | €1.05 Million |
| 2017 | 25.31% | 5.09% | 1.33x | 3.75x | €5.36 Million |
| 2018 | 22.38% | 3.56% | 1.59x | 3.96x | €4.44 Million |
| 2019 | 7.54% | 1.30% | 1.47x | 3.93x | €-855.70K |
| 2020 | 13.38% | 3.10% | 1.17x | 3.68x | €1.38 Million |
| 2021 | 0.20% | 0.05% | 1.25x | 3.39x | €-3.69 Million |
| 2022 | -33.15% | -5.86% | 1.17x | 4.84x | €-11.89 Million |
Industry Comparison
This section compares AST Groupe's net assets metrics with peer companies in the Residential Construction industry.
Industry Context
- Industry: Residential Construction
- Average net assets among peers: $117,810,000
- Average return on equity (ROE) among peers: 9.65%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| AST Groupe (ALAST) | €14.22 Million | 36.35% | 7.50x | $2.02 Million |
| Uniti SA (ALUNT) | $18.16 Million | 1.86% | 8.87x | $1.63 Million |
| Kaufman Et Broad (KOF) | $217.46 Million | 17.44% | 4.33x | $423.87 Million |