Fountaine Pajo
Fountaine Pajot SA designs, develops, produces, and sells sailing catamarans, motor catamarans, and monohull for recreational boating markets internationally. It offers sailing catamarans and motor yachts under the Fountaine Pajot brand name; and sailboats under the Dufour brand name. The company was founded in 1976 and is based in Aigrefeuille, France. S.A. Fountaine Pajot SA operates as a subsi… Read more
Fountaine Pajo (ALFPC) - Net Assets
Latest net assets as of August 2025: €136.40 Million EUR
Based on the latest financial reports, Fountaine Pajo (ALFPC) has net assets worth €136.40 Million EUR as of August 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€322.30 Million) and total liabilities (€185.90 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 | €136.40 Million |
| % of Total Assets | 42.32% |
| Annual Growth Rate | 15.25% |
| 5-Year Change | 117.58% |
| 10-Year Change | 510.38% |
| Growth Volatility | 20.83 |
Fountaine Pajo - Net Assets Trend (2003–2025)
This chart illustrates how Fountaine Pajo's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Fountaine Pajo (2003–2025)
The table below shows the annual net assets of Fountaine Pajo from 2003 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-08-31 | €136.40 Million | +20.92% |
| 2024-08-31 | €112.80 Million | +35.07% |
| 2023-08-31 | €83.51 Million | +16.72% |
| 2022-08-31 | €71.55 Million | +14.13% |
| 2021-08-31 | €62.69 Million | +15.16% |
| 2020-08-31 | €54.44 Million | +3.68% |
| 2019-08-31 | €52.50 Million | +17.42% |
| 2018-08-31 | €44.71 Million | +60.84% |
| 2017-08-31 | €27.80 Million | +24.41% |
| 2016-08-31 | €22.35 Million | +27.75% |
| 2015-08-31 | €17.49 Million | +19.36% |
| 2014-08-31 | €14.66 Million | -1.20% |
| 2013-08-31 | €14.83 Million | -4.43% |
| 2012-08-31 | €15.52 Million | -4.96% |
| 2011-08-31 | €16.33 Million | +3.68% |
| 2010-08-31 | €15.75 Million | -4.13% |
| 2009-08-31 | €16.43 Million | +3.45% |
| 2008-08-31 | €15.88 Million | +18.70% |
| 2007-08-31 | €13.38 Million | +82.21% |
| 2006-08-31 | €7.34 Million | +20.16% |
| 2005-08-31 | €6.11 Million | +6.40% |
| 2004-08-31 | €5.74 Million | -4.38% |
| 2003-08-31 | €6.01 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Fountaine Pajo'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 670.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (August 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €29.93 Million | 22.27% |
| Common Stock | €1.92 Million | 1.43% |
| Other Components | €102.58 Million | 76.31% |
| Total Equity | €134.43 Million | 100.00% |
Fountaine Pajo Competitors by Market Cap
The table below lists competitors of Fountaine Pajo ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
TOYA S.A. ZY -10
F:6PJ
|
$67.18 Million |
|
Interpark Co. Ltd
KQ:035080
|
$67.19 Million |
|
UBM Development AG
VI:UBS
|
$67.20 Million |
|
Venus Remedies Limited
NSE:VENUSREM
|
$67.25 Million |
|
Atinum Investment Co. Ltd
KQ:021080
|
$67.17 Million |
|
Sungshin Cemen
KO:004980
|
$67.16 Million |
|
IGB Commercial Real Estate Investment Trust Unit
KLSE:5299
|
$67.15 Million |
|
Donga Geologic
KO:028100
|
$67.13 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Fountaine Pajo's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 107,828,000 to 134,427,000, a change of 26,599,000 (24.7%).
- Net income of 29,934,000 contributed positively to equity growth.
- Dividend payments of 4,141,000 reduced retained earnings.
- Share repurchases of 4,235,000 reduced equity.
- Other comprehensive income decreased equity by 67,055,000.
- Other factors increased equity by 72,096,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €29.93 Million | +22.27% |
| Dividends Paid | €4.14 Million | -3.08% |
| Share Repurchases | €4.24 Million | -3.15% |
| Other Comprehensive Income | €-67.06 Million | -49.88% |
| Other Changes | €72.10 Million | +53.63% |
| Total Change | €- | 24.67% |
Book Value vs Market Value Analysis
This analysis compares Fountaine Pajo'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: 1.11x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 26.08x to 1.11x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2004-08-31 | €3.45 | €89.90 | x |
| 2005-08-31 | €3.66 | €89.90 | x |
| 2006-08-31 | €4.39 | €89.90 | x |
| 2007-08-31 | €8.02 | €89.90 | x |
| 2008-08-31 | €9.54 | €89.90 | x |
| 2009-08-31 | €10.68 | €89.90 | x |
| 2010-08-31 | €9.83 | €89.90 | x |
| 2011-08-31 | €10.19 | €89.90 | x |
| 2012-08-31 | €9.34 | €89.90 | x |
| 2013-08-31 | €8.90 | €89.90 | x |
| 2014-08-31 | €8.82 | €89.90 | x |
| 2015-08-31 | €10.50 | €89.90 | x |
| 2016-08-31 | €13.41 | €89.90 | x |
| 2017-08-31 | €16.68 | €89.90 | x |
| 2018-08-31 | €22.59 | €89.90 | x |
| 2019-08-31 | €27.40 | €89.90 | x |
| 2020-08-31 | €32.65 | €89.90 | x |
| 2021-08-31 | €34.75 | €89.90 | x |
| 2022-08-31 | €42.49 | €89.90 | x |
| 2023-08-31 | €47.27 | €89.90 | x |
| 2024-08-31 | €64.69 | €89.90 | x |
| 2025-08-31 | €80.65 | €89.90 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Fountaine Pajo 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): 22.27%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 9.26%
- • Asset Turnover: 1.00x
- • Equity Multiplier: 2.40x
- Recent ROE (22.27%) is above the historical average (13.25%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | 1.67% | 0.25% | 2.01x | 3.33x | €-478.61K |
| 2005 | 18.43% | 3.06% | 1.99x | 3.03x | €513.68K |
| 2006 | 9.63% | 1.96% | 1.52x | 3.24x | €-27.13K |
| 2007 | 11.37% | 3.59% | 1.31x | 2.42x | €182.91K |
| 2008 | 11.82% | 3.37% | 1.56x | 2.24x | €288.50K |
| 2009 | -3.08% | -1.28% | 1.17x | 2.06x | €-2.15 Million |
| 2010 | -15.26% | -7.45% | 1.02x | 2.01x | €-3.98 Million |
| 2011 | -12.42% | -5.74% | 1.29x | 1.68x | €-3.66 Million |
| 2012 | 11.04% | 4.46% | 1.48x | 1.67x | €162.04K |
| 2013 | 7.23% | 2.63% | 1.39x | 1.98x | €-411.21K |
| 2014 | 12.81% | 3.78% | 1.57x | 2.16x | €411.47K |
| 2015 | 19.67% | 5.49% | 1.55x | 2.31x | €1.69 Million |
| 2016 | 20.74% | 6.50% | 1.40x | 2.28x | €2.40 Million |
| 2017 | 22.75% | 8.01% | 1.20x | 2.36x | €3.54 Million |
| 2018 | 27.44% | 7.55% | 0.83x | 4.37x | €6.56 Million |
| 2019 | 24.20% | 5.28% | 1.15x | 3.98x | €6.48 Million |
| 2020 | 13.08% | 4.12% | 0.97x | 3.28x | €1.67 Million |
| 2021 | 20.03% | 5.74% | 0.93x | 3.77x | €5.81 Million |
| 2022 | 22.48% | 7.24% | 0.82x | 3.81x | €8.83 Million |
| 2023 | 14.51% | 4.13% | 0.94x | 3.75x | €3.55 Million |
| 2024 | 31.03% | 9.52% | 1.15x | 2.83x | €22.67 Million |
| 2025 | 22.27% | 9.26% | 1.00x | 2.40x | €16.49 Million |
Industry Comparison
This section compares Fountaine Pajo's net assets metrics with peer companies in the Recreational Vehicles industry.
Industry Context
- Industry: Recreational Vehicles
- Average net assets among peers: $42,603,500
- Average return on equity (ROE) among peers: 27.30%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Fountaine Pajo (ALFPC) | €136.40 Million | 1.67% | 1.36x | $67.17 Million |
| ALCAT (ALCAT) | $32.24 Million | 27.91% | 1.03x | $54.31 Million |
| SA Catana Group (CATG) | $52.97 Million | 26.68% | 1.15x | $69.35 Million |