Gascogne SA (ALBI) - Net Assets
Based on the latest financial reports, Gascogne SA (ALBI) has net assets worth €210.84 Million EUR (≈ $246.49 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 (€636.38 Million ≈ $744.00 Million USD) and total liabilities (€425.54 Million ≈ $497.51 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 how resilient are Gascogne SA's assets to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €210.84 Million |
| % of Total Assets | 33.13% |
| Annual Growth Rate | -6.7% |
| 5-Year Change | 49.41% |
| 10-Year Change | 115.23% |
| Growth Volatility | 262.89 |
Gascogne SA - Net Assets Trend (2000–2024)
This chart illustrates how Gascogne SA's net assets have evolved over time, based on quarterly financial data. Also explore ALBI current and non-current assets for the complete picture of this company's asset base.
Annual Net Assets for Gascogne SA (2000–2024)
The table below shows the annual net assets of Gascogne SA from 2000 to 2024. For live valuation and market cap data, see market value of Gascogne SA.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €214.40 Million ≈ $250.65 Million |
+10.96% |
| 2023-12-31 | €193.22 Million ≈ $225.89 Million |
+4.54% |
| 2022-12-31 | €184.83 Million ≈ $216.08 Million |
+16.99% |
| 2021-12-31 | €157.98 Million ≈ $184.70 Million |
+10.10% |
| 2020-12-31 | €143.49 Million ≈ $167.76 Million |
+15.80% |
| 2019-12-31 | €123.91 Million ≈ $144.87 Million |
+7.88% |
| 2018-12-31 | €114.86 Million ≈ $134.29 Million |
+19.58% |
| 2017-12-31 | €96.06 Million ≈ $112.30 Million |
-9.08% |
| 2016-12-31 | €105.65 Million ≈ $123.52 Million |
+6.06% |
| 2015-12-31 | €99.61 Million ≈ $116.45 Million |
+16.35% |
| 2014-12-31 | €85.61 Million ≈ $100.09 Million |
+1301.19% |
| 2013-12-31 | €6.11 Million ≈ $7.14 Million |
-89.94% |
| 2012-12-31 | €60.76 Million ≈ $71.03 Million |
-60.48% |
| 2011-12-31 | €153.73 Million ≈ $179.72 Million |
-18.04% |
| 2010-12-31 | €187.57 Million ≈ $219.29 Million |
+3.32% |
| 2009-12-31 | €181.55 Million ≈ $212.25 Million |
+0.60% |
| 2008-12-31 | €180.46 Million ≈ $210.98 Million |
-3.78% |
| 2007-12-31 | €187.56 Million ≈ $219.27 Million |
+6.63% |
| 2006-12-31 | €175.89 Million ≈ $205.64 Million |
+8.33% |
| 2005-12-31 | €162.36 Million ≈ $189.82 Million |
-15.83% |
| 2004-12-31 | €192.91 Million ≈ $225.53 Million |
+9.13% |
| 2003-12-31 | €176.77 Million ≈ $206.67 Million |
-2.72% |
| 2002-12-31 | €181.71 Million ≈ $212.44 Million |
+2.84% |
| 2001-12-31 | €176.69 Million ≈ $206.57 Million |
-84.39% |
| 2000-12-31 | €1.13 Billion ≈ $1.32 Billion |
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Equity Component Analysis
This analysis shows how different components contribute to Gascogne 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 62500000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | €94.21 Million | 43.94% |
| Other Comprehensive Income | €123.46 Million | 57.59% |
| Total Equity | €214.40 Million | 100.00% |
Gascogne SA Competitors by Market Cap
The table below lists competitors of Gascogne SA ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Columbus Acquisition Corp Ordinary Shares
NASDAQ:COLA
|
$80.56 Million |
|
Future Vision II Acquisition Corporation Ordinary shares
NASDAQ:FVN
|
$80.57 Million |
|
Asahimas Flat Glass Tbk
JK:AMFG
|
$80.62 Million |
|
Jia Wei Lifestyle Inc
TW:3557
|
$80.62 Million |
|
Games Workshop Group PLC
LSE:GAW
|
$80.52 Million |
|
Medtecs International Corporation Ltd DRC
TW:9103
|
$80.52 Million |
|
Mordechai Aviv Taasiot Beniyah 1973 Ltd
TA:AVIV
|
$80.41 Million |
|
Münchener Tierpark Hellabrunn AG
MU:MTP
|
$80.40 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Gascogne SA's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 193,216,000 to 214,395,000, a change of 21,179,000 (11.0%).
- Net loss of 600,000 reduced equity.
- Share repurchases of 20,937,000 reduced equity.
- New share issuances of 20,937,000 increased equity.
- Other comprehensive income increased equity by 127,788,000.
- Other factors decreased equity by 106,009,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-600.00K | -0.28% |
| Share Repurchases | €20.94 Million | -9.77% |
| Share Issuances | €20.94 Million | +9.77% |
| Other Comprehensive Income | €127.79 Million | +59.6% |
| Other Changes | €-106.01 Million | -49.45% |
| Total Change | €- | 10.96% |
Book Value vs Market Value Analysis
This analysis compares Gascogne 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: 0.32x
- 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 increased from 0.03x to 0.32x 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 | €83.91 | €2.36 | x |
| 2002-12-31 | €87.21 | €2.36 | x |
| 2003-12-31 | €92.54 | €2.36 | x |
| 2004-12-31 | €98.31 | €2.36 | x |
| 2005-12-31 | €82.73 | €2.36 | x |
| 2006-12-31 | €85.18 | €2.36 | x |
| 2007-12-31 | €89.59 | €2.36 | x |
| 2008-12-31 | €85.33 | €2.36 | x |
| 2009-12-31 | €86.44 | €2.36 | x |
| 2010-12-31 | €89.06 | €2.36 | x |
| 2011-12-31 | €73.33 | €2.36 | x |
| 2012-12-31 | €28.97 | €2.36 | x |
| 2013-12-31 | €2.89 | €2.36 | x |
| 2014-12-31 | €3.15 | €2.36 | x |
| 2015-12-31 | €3.47 | €2.36 | x |
| 2016-12-31 | €3.69 | €2.36 | x |
| 2017-12-31 | €3.53 | €2.36 | x |
| 2018-12-31 | €4.25 | €2.36 | x |
| 2019-12-31 | €4.17 | €2.36 | x |
| 2020-12-31 | €4.47 | €2.36 | x |
| 2021-12-31 | €4.96 | €2.36 | x |
| 2022-12-31 | €6.29 | €2.36 | x |
| 2023-12-31 | €6.49 | €2.36 | x |
| 2024-12-31 | €7.34 | €2.36 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Gascogne 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: 0.60x
- • Equity Multiplier: 3.02x
- Recent ROE (-0.28%) is above the historical average (-38.27%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 9.47% | 3.02% | 1.21x | 2.60x | €-5.96 Million |
| 2001 | 6.93% | 2.21% | 1.19x | 2.64x | €-5.39 Million |
| 2002 | 5.92% | 1.79% | 1.13x | 2.92x | €-7.40 Million |
| 2003 | 0.20% | 0.06% | 1.18x | 2.95x | €-17.28 Million |
| 2004 | 3.12% | 0.97% | 1.25x | 2.59x | €-13.26 Million |
| 2005 | -16.18% | -4.36% | 1.22x | 3.05x | €-42.48 Million |
| 2006 | 5.88% | 1.71% | 1.13x | 3.04x | €-7.25 Million |
| 2007 | 6.60% | 1.95% | 1.13x | 2.99x | €-6.36 Million |
| 2008 | 0.77% | 0.23% | 1.12x | 3.01x | €-16.62 Million |
| 2009 | 0.23% | 0.08% | 1.07x | 2.84x | €-17.73 Million |
| 2010 | 3.11% | 1.28% | 0.98x | 2.48x | €-12.93 Million |
| 2011 | -21.19% | -10.24% | 0.72x | 2.86x | €-47.94 Million |
| 2012 | -129.55% | -18.75% | 1.33x | 5.21x | €-84.74 Million |
| 2013 | -897.09% | -13.03% | 1.71x | 40.31x | €-55.13 Million |
| 2014 | -6.65% | -1.38% | 1.34x | 3.57x | €-14.25 Million |
| 2015 | 7.50% | 1.70% | 1.32x | 3.33x | €-2.36 Million |
| 2016 | 7.36% | 1.82% | 1.27x | 3.20x | €-2.65 Million |
| 2017 | 8.58% | 2.03% | 1.18x | 3.59x | €-1.36 Million |
| 2018 | 8.26% | 2.34% | 1.15x | 3.08x | €-1.99 Million |
| 2019 | 7.94% | 2.50% | 1.05x | 3.02x | €-2.52 Million |
| 2020 | 6.28% | 2.30% | 0.91x | 3.01x | €-4.89 Million |
| 2021 | 8.82% | 3.23% | 0.99x | 2.75x | €-1.72 Million |
| 2022 | 12.19% | 4.89% | 0.99x | 2.52x | €4.04 Million |
| 2023 | 5.01% | 2.35% | 0.77x | 2.75x | €-9.65 Million |
| 2024 | -0.28% | -0.15% | 0.60x | 3.02x | €-22.04 Million |
Industry Comparison
This section compares Gascogne SA's net assets metrics with peer companies in the Packaging & Containers industry.
Industry Context
- Industry: Packaging & Containers
- Average net assets among peers: $596,545,000
- Average return on equity (ROE) among peers: 9.50%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Gascogne SA (ALBI) | €210.84 Million | 9.47% | 2.02x | $80.55 Million |
| Groupe Guillin SA (ALGIL) | $121.56 Million | 10.94% | 1.30x | $427.06 Million |
| Tonnellerie Francois Freres SA (TFF) | $329.08 Million | 0.00% | 0.88x | $366.39 Million |
| Verallia (VRLA) | $1.34 Billion | 17.55% | 1.36x | $2.69 Billion |
About Gascogne SA
Gascogne SA engages in the production and sale of wood, paper, industrial and consumer sacks, and laminates in France, Germany, and internationally. It operates through Wood, Paper, Bags, and Flexible segments. The company offers decorative wood, wood frame walls, and wood siding products; and machine glazed natural kraft papers, natural sack kraft papers, and technical coated papers for packagin… Read more