Clasquin
Clasquin SA operates as an international freight forwarding and overseas logistics company worldwide. The company offers air freight solutions, including shipment management and emergency transport management, as well as manages the freighting of oversized packages; sea freight solutions, such as full container load shipping management, consolidated shipping management, and customized consolidate… Read more
Clasquin (ALCLA) - Net Assets
Latest net assets as of June 2024: €67.74 Million EUR
Based on the latest financial reports, Clasquin (ALCLA) has net assets worth €67.74 Million EUR as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€271.33 Million) and total liabilities (€203.60 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 | €67.74 Million |
| % of Total Assets | 24.96% |
| Annual Growth Rate | N/A |
| 5-Year Change | 137.87% |
| 10-Year Change | 174.28% |
| Growth Volatility | 31.16 |
Clasquin - Net Assets Trend (2003–2023)
This chart illustrates how Clasquin's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Clasquin (2003–2023)
The table below shows the annual net assets of Clasquin from 2003 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | €63.84 Million | +6.57% |
| 2022-12-31 | €59.91 Million | +31.93% |
| 2021-12-31 | €45.41 Million | +46.74% |
| 2020-12-31 | €30.95 Million | +15.29% |
| 2019-12-31 | €26.84 Million | +9.69% |
| 2018-12-31 | €24.47 Million | +6.96% |
| 2017-12-31 | €22.88 Million | -3.77% |
| 2016-12-31 | €23.77 Million | -0.09% |
| 2015-12-31 | €23.80 Million | +2.23% |
| 2014-12-31 | €23.28 Million | +4.71% |
| 2013-12-31 | €22.23 Million | -0.19% |
| 2012-12-31 | €22.27 Million | -0.15% |
| 2011-12-31 | €22.31 Million | +1.79% |
| 2010-12-31 | €21.91 Million | +15.60% |
| 2009-12-31 | €18.96 Million | +9.97% |
| 2008-12-31 | €17.24 Million | +36.04% |
| 2007-12-31 | €12.67 Million | +13.66% |
| 2006-12-31 | €11.15 Million | +123.90% |
| 2005-12-31 | €4.98 Million | +77.00% |
| 2004-12-31 | €2.81 Million | +1637.16% |
| 2003-12-31 | €-183.00K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Clasquin'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 1529.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €18.27 Million | 33.11% |
| Common Stock | €4.66 Million | 8.44% |
| Other Comprehensive Income | €29.48 Million | 53.41% |
| Other Components | €2.78 Million | 5.04% |
| Total Equity | €55.19 Million | 100.00% |
Clasquin Competitors by Market Cap
The table below lists competitors of Clasquin ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Sidetrade
PA:ALBFR
|
$126.60 Million |
|
MITSUBISHI STEEL MFG
F:0BK
|
$126.61 Million |
|
Zeda Ltd.
JSE:ZZD
|
$126.62 Million |
|
Guangdong Jushen Logistics Co Ltd
SHE:001202
|
$126.68 Million |
|
Rezolve AI Limited Warrants
NASDAQ:RZLVW
|
$126.58 Million |
|
Carbios
PA:ALCRB
|
$126.57 Million |
|
lastminute.com N.V
PINK:LSMNF
|
$126.49 Million |
|
Brightstar Resources Ltd
AU:BTR
|
$126.48 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Clasquin's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 52,469,000 to 55,185,000, a change of 2,716,000 (5.2%).
- Net income of 18,270,000 contributed positively to equity growth.
- Dividend payments of 14,931,000 reduced retained earnings.
- Share repurchases of 1,442,000 reduced equity.
- Other comprehensive income increased equity by 29,092,000.
- Other factors decreased equity by 28,273,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €18.27 Million | +33.11% |
| Dividends Paid | €14.93 Million | -27.06% |
| Share Repurchases | €1.44 Million | -2.61% |
| Other Comprehensive Income | €29.09 Million | +52.72% |
| Other Changes | €-28.27 Million | -51.23% |
| Total Change | €- | 5.18% |
Book Value vs Market Value Analysis
This analysis compares Clasquin'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: 5.94x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 18.85x to 5.94x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2009-12-31 | €7.53 | €141.94 | x |
| 2010-12-31 | €8.70 | €141.94 | x |
| 2011-12-31 | €9.12 | €141.94 | x |
| 2012-12-31 | €9.17 | €141.94 | x |
| 2013-12-31 | €9.15 | €141.94 | x |
| 2014-12-31 | €9.22 | €141.94 | x |
| 2015-12-31 | €9.42 | €141.94 | x |
| 2016-12-31 | €9.02 | €141.94 | x |
| 2017-12-31 | €8.55 | €141.94 | x |
| 2018-12-31 | €9.31 | €141.94 | x |
| 2019-12-31 | €9.51 | €141.94 | x |
| 2020-12-31 | €11.61 | €141.94 | x |
| 2021-12-31 | €16.91 | €141.94 | x |
| 2022-12-31 | €22.73 | €141.94 | x |
| 2023-12-31 | €23.89 | €141.94 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Clasquin 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): 33.11%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.25%
- • Asset Turnover: 2.25x
- • Equity Multiplier: 4.53x
- Recent ROE (33.11%) is above the historical average (21.80%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | 41.60% | 1.59% | 2.92x | 8.98x | €851.50K |
| 2005 | 43.31% | 2.26% | 2.81x | 6.80x | €1.61 Million |
| 2006 | 23.13% | 2.39% | 2.55x | 3.79x | €1.44 Million |
| 2007 | 20.50% | 2.01% | 2.73x | 3.74x | €1.31 Million |
| 2008 | 24.26% | 2.56% | 2.67x | 3.55x | €2.27 Million |
| 2009 | 13.82% | 2.09% | 2.12x | 3.11x | €663.60K |
| 2010 | 16.92% | 1.90% | 2.59x | 3.45x | €1.39 Million |
| 2011 | 14.59% | 1.79% | 2.45x | 3.34x | €964.30K |
| 2012 | 9.96% | 1.14% | 2.25x | 3.87x | €-9.10K |
| 2013 | 10.47% | 1.11% | 2.23x | 4.21x | €98.30K |
| 2014 | 10.04% | 1.01% | 2.16x | 4.61x | €7.70K |
| 2015 | 15.41% | 1.43% | 2.12x | 5.08x | €1.17 Million |
| 2016 | 10.45% | 0.92% | 1.99x | 5.69x | €93.20K |
| 2017 | 12.62% | 0.86% | 2.29x | 6.42x | €516.40K |
| 2018 | 13.08% | 0.91% | 2.20x | 6.54x | €659.90K |
| 2019 | 17.62% | 1.17% | 1.92x | 7.86x | €1.67 Million |
| 2020 | 19.02% | 1.31% | 2.01x | 7.25x | €2.43 Million |
| 2021 | 44.51% | 2.31% | 2.61x | 7.37x | €13.48 Million |
| 2022 | 41.56% | 2.49% | 3.53x | 4.74x | €16.56 Million |
| 2023 | 33.11% | 3.25% | 2.25x | 4.53x | €12.75 Million |
Industry Comparison
This section compares Clasquin's net assets metrics with peer companies in the Integrated Freight & Logistics industry.
Industry Context
- Industry: Integrated Freight & Logistics
- Average net assets among peers: $349,207,500
- Average return on equity (ROE) among peers: 11.24%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Clasquin (ALCLA) | €67.74 Million | 41.60% | 3.01x | $126.60 Million |
| ID Logistics Group SA (IDL) | $204.03 Million | 7.27% | 4.83x | $958.71 Million |
| Stef SA (STF) | $494.39 Million | 15.21% | 2.76x | $324.84 Million |