Fashion Bel Air S.A
Fashion Bel Air S.A. provides fashion products for women in France. It offers blouses, shirts, shorts, tops, pants, dresses, tee shirts, sweatshirts, sweaters, vests, jumpsuits, skirts, jeans, jackets, and coats. The company provides its products online, as well as through shops. Fashion Bel Air S.A. was incorporated in 1990 and is headquartered in Paris, France.
Fashion Bel Air S.A (ALFBA) - Net Assets
Latest net assets as of March 2023: €6.66 Million EUR
Based on the latest financial reports, Fashion Bel Air S.A (ALFBA) has net assets worth €6.66 Million EUR as of March 2023.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€11.85 Million) and total liabilities (€5.19 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 | €6.66 Million |
| % of Total Assets | 56.21% |
| Annual Growth Rate | 6.0% |
| 5-Year Change | -56.44% |
| 10-Year Change | -70.99% |
| Growth Volatility | 60.8 |
Fashion Bel Air S.A - Net Assets Trend (2007–2023)
This chart illustrates how Fashion Bel Air S.A's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Fashion Bel Air S.A (2007–2023)
The table below shows the annual net assets of Fashion Bel Air S.A from 2007 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-03-31 | €6.66 Million | -27.09% |
| 2022-03-31 | €9.13 Million | -23.85% |
| 2021-03-31 | €11.99 Million | -9.00% |
| 2020-03-31 | €13.18 Million | -13.79% |
| 2019-03-31 | €15.29 Million | -3.39% |
| 2018-03-31 | €15.83 Million | -12.62% |
| 2017-03-31 | €18.11 Million | -0.32% |
| 2016-03-31 | €18.17 Million | +12.31% |
| 2015-03-31 | €16.18 Million | -29.54% |
| 2014-03-31 | €22.96 Million | +0.30% |
| 2013-03-31 | €22.89 Million | -8.26% |
| 2012-03-31 | €24.95 Million | +3.93% |
| 2011-03-31 | €24.01 Million | +13.03% |
| 2010-03-31 | €21.24 Million | +9.65% |
| 2009-03-31 | €19.37 Million | +190.92% |
| 2008-03-31 | €6.66 Million | +153.88% |
| 2007-03-31 | €2.62 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Fashion Bel Air S.A'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 1193.1% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | €2.61 Million | 39.26% |
| Other Comprehensive Income | €854.45K | 12.83% |
| Other Components | €19.26 Million | 289.18% |
| Total Equity | €6.66 Million | 100.00% |
Fashion Bel Air S.A Competitors by Market Cap
The table below lists competitors of Fashion Bel Air S.A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Merit Packaging Ltd
KAR:MERIT
|
$264.45 |
|
MAY & BAKER NIGERIA PLC
XNSA:MAYBAKER
|
$264.72 |
|
CHINA MERCH. LAND HD -01
F:TNY1
|
$264.81 |
|
Sorted Group Holdings Plc
LSE:SORT
|
$264.92 |
|
BEIJING JINGKELNG-H
MU:G2M
|
$263.13 |
|
CC Japan Income and Growth Trust PLC
LSE:CCJI
|
$262.79 |
|
Oilboy Energy L
KAR:OBOY
|
$262.52 |
|
BlackRock Income and Growth Investment Trust plc
LSE:BRIG
|
$262.30 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Fashion Bel Air S.A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 9,133,971 to 6,659,931, a change of -2,474,040 (-27.1%).
- Net loss of 2,474,040 reduced equity.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-2.47 Million | -37.15% |
| Total Change | €- | -27.09% |
Book Value vs Market Value Analysis
This analysis compares Fashion Bel Air S.A'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: 0.06x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2007-03-31 | €0.71 | €0.03 | x |
| 2008-03-31 | €1.48 | €0.03 | x |
| 2009-03-31 | €3.62 | €0.03 | x |
| 2010-03-31 | €2.91 | €0.03 | x |
| 2011-03-31 | €2.43 | €0.03 | x |
| 2012-03-31 | €3012.24 | €0.03 | x |
| 2013-03-31 | €1.83 | €0.03 | x |
| 2014-03-31 | €1.84 | €0.03 | x |
| 2015-03-31 | €1.30 | €0.03 | x |
| 2016-03-31 | €1.25 | €0.03 | x |
| 2017-03-31 | €1.25 | €0.03 | x |
| 2018-03-31 | €1.09 | €0.03 | x |
| 2019-03-31 | €1.05 | €0.03 | x |
| 2020-03-31 | €0.91 | €0.03 | x |
| 2021-03-31 | €825.73 | €0.03 | x |
| 2022-03-31 | €0.63 | €0.03 | x |
| 2023-03-31 | €0.46 | €0.03 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Fashion Bel Air S.A 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): -37.15%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -58.12%
- • Asset Turnover: 0.36x
- • Equity Multiplier: 1.78x
- Recent ROE (-37.15%) is below the historical average (-5.99%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | 6.69% | 3.35% | 0.88x | 2.28x | €-86.94K |
| 2008 | 23.12% | 12.85% | 1.04x | 1.73x | €873.89K |
| 2009 | 30.70% | 45.17% | 0.47x | 1.45x | €4.01 Million |
| 2010 | 5.76% | 7.91% | 0.48x | 1.52x | €-901.19K |
| 2011 | 2.41% | 2.98% | 0.43x | 1.87x | €-1.82 Million |
| 2012 | 0.00% | -4.67% | 0.00x | 1.66x | €-2.50 Million |
| 2013 | -16.66% | -23.35% | 0.46x | 1.56x | €-6.10 Million |
| 2014 | 0.30% | 0.43% | 0.48x | 1.47x | €-2.23 Million |
| 2015 | -41.93% | -51.46% | 0.52x | 1.58x | €-8.40 Million |
| 2016 | 0.30% | 0.36% | 0.60x | 1.39x | €-1.76 Million |
| 2017 | -0.32% | -0.45% | 0.50x | 1.44x | €-1.87 Million |
| 2018 | -14.44% | -21.78% | 0.39x | 1.70x | €-3.87 Million |
| 2019 | -3.51% | -6.43% | 0.31x | 1.75x | €-2.07 Million |
| 2020 | -16.97% | -35.15% | 0.32x | 1.49x | €-3.55 Million |
| 2021 | -8.82% | -25.26% | 0.21x | 1.68x | €-2.26 Million |
| 2022 | -31.32% | -66.44% | 0.27x | 1.74x | €-3.77 Million |
| 2023 | -37.15% | -58.12% | 0.36x | 1.78x | €-3.14 Million |
Industry Comparison
This section compares Fashion Bel Air S.A's net assets metrics with peer companies in the Apparel Retail industry.
Industry Context
- Industry: Apparel Retail
- Average net assets among peers: $215,258,000
- Average return on equity (ROE) among peers: 0.01%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Fashion Bel Air S.A (ALFBA) | €6.66 Million | 6.69% | 0.78x | $263.67 |
| Damartex (ALDAR) | $367.50 Million | 0.00% | 1.04x | $3.57 Million |
| NR 21 S.A. (NR21) | $5.89 Million | -2.87% | 1.35x | $455.14K |
| Smcp SAS (SMCP) | $272.38 Million | 2.90% | 2.72x | $106.90 Million |