Capelli SA
Capelli SA operates as a real estate development company in France, Switzerland, Luxembourg, and internationally. The company focuses on the development of living spaces, apartments, houses, duplex villas, and offices. It serves institutional investors, social landlords, individual investors, and buyers of main residences. The company was incorporated in 1976 and is headquartered in Paris, France… Read more
Capelli SA (ALCAP) - Net Assets
Latest net assets as of March 2024: €26.04 Million EUR
Based on the latest financial reports, Capelli SA (ALCAP) has net assets worth €26.04 Million EUR as of March 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€671.05 Million) and total liabilities (€645.01 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 | €26.04 Million |
| % of Total Assets | 3.88% |
| Annual Growth Rate | -0.66% |
| 5-Year Change | -63.94% |
| 10-Year Change | -28.92% |
| Growth Volatility | 21.8 |
Capelli SA - Net Assets Trend (2008–2023)
This chart illustrates how Capelli 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 Capelli SA (2008–2023)
The table below shows the annual net assets of Capelli SA from 2008 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | €26.04 Million | -69.59% |
| 2022-12-31 | €85.63 Million | +19.40% |
| 2021-12-31 | €71.72 Million | -3.42% |
| 2020-12-31 | €74.26 Million | +2.84% |
| 2019-12-31 | €72.21 Million | +2.61% |
| 2018-12-31 | €70.37 Million | +20.52% |
| 2017-12-31 | €58.39 Million | +36.77% |
| 2016-12-31 | €42.69 Million | +9.33% |
| 2015-12-31 | €39.05 Million | +6.59% |
| 2014-12-31 | €36.63 Million | +3.70% |
| 2013-12-31 | €35.33 Million | +1.60% |
| 2012-12-31 | €34.77 Million | +6.53% |
| 2011-12-31 | €32.64 Million | +8.07% |
| 2010-12-31 | €30.20 Million | +4.61% |
| 2009-12-31 | €28.87 Million | +0.43% |
| 2008-12-31 | €28.75 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Capelli 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 2007.2% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | €15.14 Million | 102.05% |
| Other Components | €52.47 Million | 353.67% |
| Total Equity | €14.84 Million | 100.00% |
Capelli SA Competitors by Market Cap
The table below lists competitors of Capelli SA ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
LULULEMON ATHL
BE:33L
|
$1.77 Million |
|
Flexidynamic Holdings Bhd
KLSE:0231
|
$1.77 Million |
|
SONASID
BC:SONASID
|
$1.77 Million |
|
Beijing Media Corporation Limited
F:BME
|
$1.77 Million |
|
PANELESMATIC SOLUTIONS PUBLIC COMPANY LIMITED
BK:PANEL
|
$1.77 Million |
|
Max Resource Corp
PINK:MXROF
|
$1.77 Million |
|
INTACT FINANCIAL
BE:I5U
|
$1.77 Million |
|
Afyren SAS
PA:ALAFY
|
$1.77 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Capelli SA's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 71,882,000 to 14,835,000, a change of -57,047,000 (-79.4%).
- Net loss of 52,771,000 reduced equity.
- Other comprehensive income decreased equity by 54,860,000.
- Other factors increased equity by 50,584,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-52.77 Million | -355.72% |
| Other Comprehensive Income | €-54.86 Million | -369.8% |
| Other Changes | €50.58 Million | +340.98% |
| Total Change | €- | -79.36% |
Book Value vs Market Value Analysis
This analysis compares Capelli 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: 0.45x
- 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 0.24x to 0.45x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2008-12-31 | €12.74 | €3.08 | x |
| 2009-12-31 | €10.76 | €3.08 | x |
| 2010-12-31 | €12.94 | €3.08 | x |
| 2011-12-31 | €83.93 | €3.08 | x |
| 2012-12-31 | €89.03 | €3.08 | x |
| 2013-12-31 | €91.38 | €3.08 | x |
| 2014-12-31 | €15.77 | €3.08 | x |
| 2015-12-31 | €16.54 | €3.08 | x |
| 2016-12-31 | €17.86 | €3.08 | x |
| 2017-12-31 | €24.71 | €3.08 | x |
| 2018-12-31 | €31.27 | €3.08 | x |
| 2019-12-31 | €32.48 | €3.08 | x |
| 2020-12-31 | €34.00 | €3.08 | x |
| 2021-12-31 | €33.21 | €3.08 | x |
| 2022-12-31 | €32.80 | €3.08 | x |
| 2023-12-31 | €6.77 | €3.08 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Capelli 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): -355.72%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -78.77%
- • Asset Turnover: 0.10x
- • Equity Multiplier: 45.23x
- Recent ROE (-355.72%) is below the historical average (-18.41%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | 7.69% | 4.13% | 0.50x | 3.69x | €-624.90K |
| 2009 | 1.80% | 1.14% | 0.48x | 3.27x | €-2.25 Million |
| 2010 | 4.08% | 2.77% | 0.51x | 2.87x | €-1.69 Million |
| 2011 | 7.71% | 4.99% | 0.55x | 2.82x | €-710.00K |
| 2012 | 8.88% | 5.82% | 0.48x | 3.14x | €-367.40K |
| 2013 | 6.11% | 3.78% | 0.46x | 3.48x | €-1.31 Million |
| 2014 | 6.63% | 3.54% | 0.49x | 3.80x | €-1.18 Million |
| 2015 | 7.59% | 3.04% | 0.51x | 4.85x | €-883.80K |
| 2016 | 10.04% | 3.14% | 0.56x | 5.74x | €16.70K |
| 2017 | 10.07% | 3.39% | 0.49x | 6.07x | €36.60K |
| 2018 | 9.71% | 3.56% | 0.43x | 6.38x | €-198.20K |
| 2019 | 0.09% | 0.03% | 0.34x | 8.24x | €-7.04 Million |
| 2020 | 5.79% | 1.54% | 0.43x | 8.72x | €-3.14 Million |
| 2021 | 3.33% | 0.83% | 0.38x | 10.62x | €-4.86 Million |
| 2022 | -28.38% | -10.12% | 0.23x | 11.95x | €-27.59 Million |
| 2023 | -355.72% | -78.77% | 0.10x | 45.23x | €-54.25 Million |
Industry Comparison
This section compares Capelli SA's net assets metrics with peer companies in the Real Estate - Development industry.
Industry Context
- Industry: Real Estate - Development
- Average net assets among peers: $90,251,981
- Average return on equity (ROE) among peers: 8.74%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Capelli SA (ALCAP) | €26.04 Million | 7.69% | 24.77x | $1.77 Million |
| Realites (ALREA) | $144.50 Million | 7.44% | 5.42x | $872.68K |
| Rising Stone S.A. (ALRIS) | $35.49 Million | 9.21% | 3.87x | $469.28K |
| Altareit (AREIT) | $12.15 Million | 0.00% | 0.88x | $2.61 Million |
| Bassac (BASS) | $256.76 Million | 10.90% | 1.64x | $129.83 Million |
| Les Constructeurs Du Bois SA (MLLCB) | $2.36 Million | 16.18% | 2.96x | $25.62K |