Herige SA
Herige engages in the production of ready-mixed and industrial precast concrete in France. The company also offers a multi-material range of joinery, shutters, entrance doors, garage doors, and gates, as well as landscaping products, blocks, and curbs. In addition, it is involved in timber construction activities. The company was formerly known as VM Matériaux and changed its name to Herige in Ma… Read more
Herige SA (ALHRG) - Net Assets
Latest net assets as of December 2024: €151.25 Million EUR
Based on the latest financial reports, Herige SA (ALHRG) has net assets worth €151.25 Million EUR as of December 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€342.77 Million) and total liabilities (€191.51 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 | €151.25 Million |
| % of Total Assets | 44.13% |
| Annual Growth Rate | 4.06% |
| 5-Year Change | 37.73% |
| 10-Year Change | 34.64% |
| Growth Volatility | 11.05 |
Herige SA - Net Assets Trend (2006–2024)
This chart illustrates how Herige 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 Herige SA (2006–2024)
The table below shows the annual net assets of Herige SA from 2006 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €151.25 Million | +4.00% |
| 2023-12-31 | €145.44 Million | +3.73% |
| 2022-12-31 | €140.21 Million | +13.20% |
| 2021-12-31 | €123.86 Million | +12.79% |
| 2020-12-31 | €109.82 Million | +9.84% |
| 2019-12-31 | €99.98 Million | +6.97% |
| 2018-12-31 | €93.47 Million | -15.57% |
| 2017-12-31 | €110.70 Million | -1.60% |
| 2016-12-31 | €112.50 Million | +0.15% |
| 2015-12-31 | €112.34 Million | -12.53% |
| 2014-12-31 | €128.43 Million | -3.84% |
| 2013-12-31 | €133.56 Million | +10.46% |
| 2012-12-31 | €120.92 Million | -15.41% |
| 2011-12-31 | €142.95 Million | +5.66% |
| 2010-12-31 | €135.30 Million | +14.96% |
| 2009-12-31 | €117.69 Million | +7.56% |
| 2008-12-31 | €109.41 Million | +16.72% |
| 2007-12-31 | €93.74 Million | +26.86% |
| 2006-12-31 | €73.89 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Herige 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 30.6% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €10.93 Million | 7.28% |
| Common Stock | €4.49 Million | 2.99% |
| Other Comprehensive Income | €127.09 Million | 84.69% |
| Other Components | €7.55 Million | 5.03% |
| Total Equity | €150.06 Million | 100.00% |
Herige SA Competitors by Market Cap
The table below lists competitors of Herige SA ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Mermeren Kombinat AD
AT:MERKO
|
$18.31 Million |
|
Spacenet Enterprises India Limited
NSE:SPCENET
|
$18.32 Million |
|
Pyxis Tankers Inc
NASDAQ:PXS
|
$18.32 Million |
|
Smr Utama Tbk
JK:SMRU
|
$18.32 Million |
|
HERIGE S.A. IN.EO 150
F:8YW
|
$18.31 Million |
|
Ritco Logistics Limited
NSE:RITCO
|
$18.31 Million |
|
Teamphon Energy Co., Ltd.
TWO:3073
|
$18.30 Million |
|
Dhunseri Ventures Limited
NSE:DVL
|
$18.29 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Herige SA's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 144,350,000 to 150,057,000, a change of 5,707,000 (4.0%).
- Net income of 10,931,000 contributed positively to equity growth.
- Dividend payments of 5,397,000 reduced retained earnings.
- Share repurchases of 625,000 reduced equity.
- Other comprehensive income increased equity by 14,824,001.
- Other factors decreased equity by 14,026,001.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €10.93 Million | +7.28% |
| Dividends Paid | €5.40 Million | -3.6% |
| Share Repurchases | €625.00K | -0.42% |
| Other Comprehensive Income | €14.82 Million | +9.88% |
| Other Changes | €-14.03 Million | -9.35% |
| Total Change | €- | 3.95% |
Book Value vs Market Value Analysis
This analysis compares Herige 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: 0.41x
- 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 0.84x to 0.41x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-12-31 | €25.11 | €21.20 | x |
| 2007-12-31 | €33.64 | €21.20 | x |
| 2008-12-31 | €37.29 | €21.20 | x |
| 2009-12-31 | €40.75 | €21.20 | x |
| 2010-12-31 | €46.81 | €21.20 | x |
| 2011-12-31 | €47.27 | €21.20 | x |
| 2012-12-31 | €39.51 | €21.20 | x |
| 2013-12-31 | €43.89 | €21.20 | x |
| 2014-12-31 | €44.21 | €21.20 | x |
| 2015-12-31 | €38.75 | €21.20 | x |
| 2016-12-31 | €39.71 | €21.20 | x |
| 2017-12-31 | €39.15 | €21.20 | x |
| 2018-12-31 | €32.19 | €21.20 | x |
| 2019-12-31 | €34.22 | €21.20 | x |
| 2020-12-31 | €37.70 | €21.20 | x |
| 2021-12-31 | €43.14 | €21.20 | x |
| 2022-12-31 | €48.76 | €21.20 | x |
| 2023-12-31 | €50.44 | €21.20 | x |
| 2024-12-31 | €52.32 | €21.20 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Herige 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): 7.28%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.08%
- • Asset Turnover: 1.53x
- • Equity Multiplier: 2.28x
- Recent ROE (7.28%) is below the historical average (8.55%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 22.25% | 3.13% | 1.84x | 3.88x | €8.67 Million |
| 2007 | 22.52% | 3.50% | 1.75x | 3.68x | €11.59 Million |
| 2008 | 18.12% | 2.89% | 1.77x | 3.54x | €8.49 Million |
| 2009 | 11.75% | 2.20% | 1.57x | 3.40x | €2.00 Million |
| 2010 | 11.71% | 2.44% | 1.52x | 3.15x | €2.25 Million |
| 2011 | 9.18% | 1.79% | 1.62x | 3.16x | €-1.13 Million |
| 2012 | -13.92% | -2.32% | 1.65x | 3.64x | €-27.55 Million |
| 2013 | 9.53% | 1.92% | 1.68x | 2.95x | €-608.00K |
| 2014 | 0.24% | 0.05% | 1.51x | 2.97x | €-12.09 Million |
| 2015 | -1.71% | -0.36% | 1.46x | 3.24x | €-12.70 Million |
| 2016 | 5.30% | 1.13% | 1.54x | 3.06x | €-5.23 Million |
| 2017 | 3.82% | 0.77% | 1.55x | 3.19x | €-6.84 Million |
| 2018 | 1.44% | 0.22% | 1.91x | 3.40x | €-7.99 Million |
| 2019 | 7.53% | 1.20% | 1.82x | 3.45x | €-2.44 Million |
| 2020 | 9.69% | 1.76% | 1.37x | 4.02x | €-332.80K |
| 2021 | 15.56% | 2.69% | 1.60x | 3.62x | €6.84 Million |
| 2022 | 15.71% | 2.76% | 1.48x | 3.85x | €7.95 Million |
| 2023 | 6.41% | 1.11% | 1.70x | 3.40x | €-5.18 Million |
| 2024 | 7.28% | 2.08% | 1.53x | 2.28x | €-4.07 Million |
Industry Comparison
This section compares Herige SA's net assets metrics with peer companies in the Building Materials industry.
Industry Context
- Industry: Building Materials
- Average net assets among peers: $1,391,022,333
- Average return on equity (ROE) among peers: -540.56%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Herige SA (ALHRG) | €151.25 Million | 22.25% | 1.27x | $18.31 Million |
| Hoffmann Green Cement Technologies (ALHGR) | $37.00K | -1632.43% | 166.70x | $27.74 Million |
| Imerys SA (NK) | $1.58 Billion | 5.01% | 1.62x | $722.34 Million |
| Vicat S.A. (VCT) | $2.60 Billion | 5.73% | 1.15x | $1.09 Billion |