Fleury Michon
Fleury Michon SA produces and sells food products in France and internationally. It offers prepared meals; vegetable slices; roasts, pastrami, and pan-fried meats; chicken and turkey breast; halal products; ingredients for cooking; pork ham; surimi; pasta, risotto, and stir-fried products; gratins and parmentiers; pisces; meats and poultry; chesse; and wooden trays. The company was founded in 190… Read more
Fleury Michon (ALFLE) - Net Assets
Latest net assets as of June 2025: €196.68 Million EUR
Based on the latest financial reports, Fleury Michon (ALFLE) has net assets worth €196.68 Million EUR as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€620.95 Million) and total liabilities (€424.27 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 | €196.68 Million |
| % of Total Assets | 31.67% |
| Annual Growth Rate | 3.13% |
| 5-Year Change | 35.68% |
| 10-Year Change | -3.75% |
| Growth Volatility | 9.77 |
Fleury Michon - Net Assets Trend (2002–2024)
This chart illustrates how Fleury Michon's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Fleury Michon (2002–2024)
The table below shows the annual net assets of Fleury Michon from 2002 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €201.39 Million | +26.40% |
| 2023-12-31 | €159.32 Million | +2.78% |
| 2022-12-31 | €155.01 Million | +0.61% |
| 2021-12-31 | €154.08 Million | +3.81% |
| 2020-12-31 | €148.43 Million | -28.18% |
| 2019-12-31 | €206.68 Million | -12.73% |
| 2018-12-31 | €236.81 Million | +4.98% |
| 2017-12-31 | €225.59 Million | +1.75% |
| 2016-12-31 | €221.72 Million | +5.97% |
| 2015-12-31 | €209.23 Million | +7.67% |
| 2014-12-31 | €194.33 Million | +8.42% |
| 2013-12-31 | €179.23 Million | +7.00% |
| 2012-12-31 | €167.51 Million | +3.89% |
| 2011-12-31 | €161.23 Million | +5.32% |
| 2010-12-31 | €153.09 Million | +12.43% |
| 2009-12-31 | €136.16 Million | -3.36% |
| 2008-12-31 | €140.90 Million | -2.32% |
| 2007-12-31 | €144.25 Million | +5.43% |
| 2006-12-31 | €136.82 Million | +6.34% |
| 2005-12-31 | €128.66 Million | +8.61% |
| 2004-12-31 | €118.47 Million | +7.73% |
| 2003-12-31 | €109.96 Million | +7.48% |
| 2002-12-31 | €102.31 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Fleury Michon'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 311.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €47.74 Million | 23.73% |
| Common Stock | €13.38 Million | 6.65% |
| Other Comprehensive Income | €131.47 Million | 65.33% |
| Other Components | €8.63 Million | 4.29% |
| Total Equity | €201.23 Million | 100.00% |
Fleury Michon Competitors by Market Cap
The table below lists competitors of Fleury Michon ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Kleannara Co Ltd
KO:004545
|
$41.23 Million |
|
Nan Yang Dyeing & Finishing Co Ltd
TW:1410
|
$41.23 Million |
|
Evergreen Corp
NASDAQ:EVGR
|
$41.25 Million |
|
Neousys Technology Inc.
TWO:6922
|
$41.25 Million |
|
Hawesko Holding AG
XETRA:HAW
|
$41.21 Million |
|
Lite Strategy, Inc.
NASDAQ:LITS
|
$41.20 Million |
|
1-800 FLOWERS.COM Inc
NASDAQ:FLWS
|
$41.20 Million |
|
Eagle Cold Storage Enterprise Co Ltd
TWO:8905
|
$41.17 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Fleury Michon's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 159,182,000 to 201,234,000, a change of 42,052,000 (26.4%).
- Net income of 47,743,000 contributed positively to equity growth.
- Dividend payments of 5,411,000 reduced retained earnings.
- Share repurchases of 282,000 reduced equity.
- Other comprehensive income increased equity by 4,306,000.
- Other factors decreased equity by 4,304,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €47.74 Million | +23.73% |
| Dividends Paid | €5.41 Million | -2.69% |
| Share Repurchases | €282.00K | -0.14% |
| Other Comprehensive Income | €4.31 Million | +2.14% |
| Other Changes | €-4.30 Million | -2.14% |
| Total Change | €- | 26.42% |
Book Value vs Market Value Analysis
This analysis compares Fleury Michon'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: 0.50x
- 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 decreased from 4.48x to 0.50x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2002-12-31 | €5.08 | €22.80 | x |
| 2003-12-31 | €5.38 | €22.80 | x |
| 2004-12-31 | €23.23 | €22.80 | x |
| 2005-12-31 | €25.24 | €22.80 | x |
| 2006-12-31 | €26.84 | €22.80 | x |
| 2007-12-31 | €28.29 | €22.80 | x |
| 2008-12-31 | €27.59 | €22.80 | x |
| 2009-12-31 | €29.21 | €22.80 | x |
| 2010-12-31 | €33.31 | €22.80 | x |
| 2011-12-31 | €36.72 | €22.80 | x |
| 2012-12-31 | €41.07 | €22.80 | x |
| 2013-12-31 | €44.21 | €22.80 | x |
| 2014-12-31 | €47.46 | €22.80 | x |
| 2015-12-31 | €50.45 | €22.80 | x |
| 2016-12-31 | €53.45 | €22.80 | x |
| 2017-12-31 | €52.96 | €22.80 | x |
| 2018-12-31 | €55.21 | €22.80 | x |
| 2019-12-31 | €47.50 | €22.80 | x |
| 2020-12-31 | €34.92 | €22.80 | x |
| 2021-12-31 | €36.87 | €22.80 | x |
| 2022-12-31 | €37.19 | €22.80 | x |
| 2023-12-31 | €38.23 | €22.80 | x |
| 2024-12-31 | €45.96 | €22.80 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Fleury Michon 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): 23.73%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.92%
- • Asset Turnover: 1.20x
- • Equity Multiplier: 3.33x
- Recent ROE (23.73%) is above the historical average (9.58%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 44.62% | 2.07% | 1.99x | 10.85x | €8.97 Million |
| 2003 | 45.70% | 2.08% | 2.06x | 10.67x | €9.78 Million |
| 2004 | 12.73% | 3.70% | 1.32x | 2.61x | €3.24 Million |
| 2005 | 11.05% | 3.35% | 1.28x | 2.57x | €1.35 Million |
| 2006 | 8.81% | 2.66% | 1.23x | 2.70x | €-1.63 Million |
| 2007 | 9.06% | 2.65% | 1.23x | 2.77x | €-1.36 Million |
| 2008 | 3.81% | 1.07% | 1.17x | 3.05x | €-8.72 Million |
| 2009 | 10.88% | 2.78% | 1.28x | 3.05x | €1.19 Million |
| 2010 | 10.88% | 2.78% | 1.33x | 2.93x | €1.35 Million |
| 2011 | 8.10% | 2.02% | 1.26x | 3.16x | €-3.07 Million |
| 2012 | 10.69% | 2.59% | 1.26x | 3.27x | €1.16 Million |
| 2013 | 9.06% | 2.33% | 1.30x | 2.99x | €-1.68 Million |
| 2014 | 9.34% | 2.57% | 1.25x | 2.91x | €-1.28 Million |
| 2015 | 8.16% | 2.25% | 1.33x | 2.72x | €-3.85 Million |
| 2016 | 7.58% | 2.28% | 1.20x | 2.78x | €-5.36 Million |
| 2017 | 3.82% | 1.20% | 1.21x | 2.64x | €-13.95 Million |
| 2018 | 6.12% | 2.00% | 1.10x | 2.79x | €-9.20 Million |
| 2019 | -13.74% | -3.75% | 1.11x | 3.30x | €-48.43 Million |
| 2020 | -20.58% | -4.15% | 1.13x | 4.37x | €-45.36 Million |
| 2021 | 2.61% | 0.57% | 1.11x | 4.13x | €-11.38 Million |
| 2022 | 1.56% | 0.30% | 1.32x | 3.90x | €-13.08 Million |
| 2023 | 6.45% | 1.23% | 1.27x | 4.14x | €-5.65 Million |
| 2024 | 23.73% | 5.92% | 1.20x | 3.33x | €27.62 Million |
Industry Comparison
This section compares Fleury Michon's net assets metrics with peer companies in the Packaged Foods industry.
Industry Context
- Industry: Packaged Foods
- Average net assets among peers: $1,231,658,022
- Average return on equity (ROE) among peers: -94.61%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Fleury Michon (ALFLE) | €196.68 Million | 44.62% | 2.16x | $41.23 Million |
| Sapmer (ALMER) | $45.92 Million | 18.81% | 2.96x | $16.04 Million |
| Paulic Meunerie Sa (ALPAU) | $1.51 Million | -3.76% | 8.53x | $2.52 Million |
| Poulaillon SA (ALPOU) | $22.90 Million | 6.37% | 1.88x | $8.48 Million |
| Valbiotis SAS (ALVAL) | $80.00K | -923.75% | 13.49x | $23.20 Million |
| Danone SA (BN) | $10.61 Billion | 12.83% | 1.29x | $47.46 Billion |
| Bonduelle S.C.A. (BON) | $333.07 Million | 11.78% | 2.33x | $103.35 Million |
| Groupe Carnivor SA (MLGRC) | $16.70 Million | 23.35% | 1.26x | $222.70K |
| Smart Good Things Holding S.A. (MLSGT) | $-156.68K | 0.00% | 0.00x | $7.69 Million |
| Saint Jean Groupe Société anonyme (SABE) | $55.90 Million | 2.88% | 0.44x | $55.53 Million |