Audacia SAS (ALAUD) - Net Assets
Based on the latest financial reports, Audacia SAS (ALAUD) has net assets worth €14.92 Million EUR (≈ $17.44 Million USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€25.98 Million ≈ $30.38 Million USD) and total liabilities (€11.07 Million ≈ $12.94 Million USD). 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. Check ALAUD cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €14.92 Million |
| % of Total Assets | 57.41% |
| Annual Growth Rate | 18.51% |
| 5-Year Change | 78.66% |
| 10-Year Change | N/A |
| Growth Volatility | 19.7 |
Audacia SAS - Net Assets Trend (2018–2024)
This chart illustrates how Audacia SAS's net assets have evolved over time, based on quarterly financial data. Also explore ALAUD current and non-current assets for the complete picture of this company's asset base.
Annual Net Assets for Audacia SAS (2018–2024)
The table below shows the annual net assets of Audacia SAS from 2018 to 2024. For live valuation and market cap data, see market value of Audacia SAS.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €14.06 Million ≈ $16.44 Million |
+7.88% |
| 2023-12-31 | €13.03 Million ≈ $15.24 Million |
+1.94% |
| 2022-12-31 | €12.79 Million ≈ $14.95 Million |
+3.44% |
| 2021-12-31 | €12.36 Million ≈ $14.45 Million |
+57.06% |
| 2020-12-31 | €7.87 Million ≈ $9.20 Million |
+15.91% |
| 2019-12-31 | €6.79 Million ≈ $7.94 Million |
+33.81% |
| 2018-12-31 | €5.07 Million ≈ $5.93 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Audacia SAS'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 32.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €680.59K | 5.05% |
| Common Stock | €622.02K | 4.62% |
| Other Comprehensive Income | €5.84 Million | 43.34% |
| Other Components | €6.33 Million | 46.99% |
| Total Equity | €13.47 Million | 100.00% |
Audacia SAS Competitors by Market Cap
The table below lists competitors of Audacia SAS ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
DLSI
PA:ALDLS
|
$27.75 Million |
|
TOP Ships Inc.
NASDAQ:TOPS
|
$27.76 Million |
|
Altech Chemicals Ltd
F:A3Y
|
$27.76 Million |
|
Happy Creek Minerals Ltd
V:HPY
|
$27.76 Million |
|
Integrated Logistics Bhd
KLSE:5614
|
$27.74 Million |
|
AGMO
KLSE:0258
|
$27.74 Million |
|
Mostostal Warszawa S.A.
WAR:MSW
|
$27.74 Million |
|
Tigers Realm Coal Ltd
AU:TIG
|
$27.74 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Audacia SAS's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 12,799,825 to 13,473,891, a change of 674,066 (5.3%).
- Net income of 900,000 contributed positively to equity growth.
- Share repurchases of 342,540 reduced equity.
- Other comprehensive income increased equity by 229,285.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €900.00K | +6.68% |
| Share Repurchases | €342.54K | -2.54% |
| Other Comprehensive Income | €229.28K | +1.7% |
| Other Changes | €-112.68K | -0.84% |
| Total Change | €- | 5.27% |
Book Value vs Market Value Analysis
This analysis compares Audacia SAS'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: 1.42x
- 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 3.61x to 1.42x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-12-31 | €1.07 | €3.85 | x |
| 2019-12-31 | €1.43 | €3.85 | x |
| 2020-12-31 | €1.66 | €3.85 | x |
| 2021-12-31 | €2.62 | €3.85 | x |
| 2022-12-31 | €2.19 | €3.85 | x |
| 2023-12-31 | €2.22 | €3.85 | x |
| 2024-12-31 | €2.72 | €3.85 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Audacia SAS 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): 6.68%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.90%
- • Asset Turnover: 0.52x
- • Equity Multiplier: 1.85x
- Recent ROE (6.68%) is below the historical average (8.98%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | 10.10% | 3.09% | 0.60x | 5.44x | €5.25K |
| 2019 | -0.15% | -0.07% | 0.44x | 4.53x | €-688.91K |
| 2020 | 13.73% | 10.01% | 0.33x | 4.22x | €293.46K |
| 2021 | 28.26% | 42.95% | 0.29x | 2.28x | €2.26 Million |
| 2022 | 2.19% | 2.82% | 0.38x | 2.03x | €-981.00K |
| 2023 | 2.06% | 2.43% | 0.44x | 1.93x | €-1.02 Million |
| 2024 | 6.68% | 6.90% | 0.52x | 1.85x | €-447.39K |
Industry Comparison
This section compares Audacia SAS's net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $872,962,024
- Average return on equity (ROE) among peers: 2.93%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Audacia SAS (ALAUD) | €14.92 Million | 10.10% | 0.74x | $27.75 Million |
| ABC arbitrage SA (ABCA) | $1.04 Billion | 3.30% | 0.00x | $335.81 Million |
| Crypto Blockchain Industries SA (ALCBI) | $21.71 Million | 5.86% | 0.31x | $34.48 Million |
| Hamilton Global Opportunities PLC (ALHGO) | $13.55 Million | -5.77% | 0.03x | $27.02 Million |
| Amundi SA (AMUN) | $4.12 Billion | 0.00% | 0.42x | $15.54 Billion |
| Antin IP SA (ANTIN) | $497.49 Million | 15.03% | 0.24x | $1.75 Billion |
| Compagnie du Cambodge (CBDG) | $1.71 Billion | 0.93% | 0.47x | $5.86 Billion |
| Electricite et Eaux de Madagascar SA (EEM) | $66.95 Million | -0.30% | 0.38x | $8.77 Million |
| Transition Evergreen (EGR) | $130.79 Million | -5.88% | 0.26x | $3.12 Million |
| IDI S.C.A. (IDIP) | $255.20 Million | 13.21% | 0.19x | $523.70 Million |
About Audacia SAS
Audacia SA is a venture capital and private equity firm specializing in startups, growth capital, emerging growth, mature, SMEs family businesses, mezzanine and real estate investments. The firm prefers to invest in all sectors, with a focus on consumer goods, hotel and catering, industrials, Business-to-Business and Business-to-Consumer services, quantum communication, quantum computing, innovat… Read more