Icape Holding
Icape Holding S.A. engages in the manufacture, distribution, and sale of printed circuit boards (PCBs) and customized technical parts worldwide. It offers PCBs, including high-density interconnect, rigid-flex, aluminum, semi-flex. Flex, back panel, heavy copper, multilayer, radio frequency/microwave, double-sided, single-sided, and IC substrate; and electronic parts, such as cables and connectors… Read more
Icape Holding (ALICA) - Net Assets
Latest net assets as of June 2025: €27.36 Million EUR
Based on the latest financial reports, Icape Holding (ALICA) has net assets worth €27.36 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 (€160.20 Million) and total liabilities (€132.84 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 | €27.36 Million |
| % of Total Assets | 17.08% |
| Annual Growth Rate | 460.74% |
| 5-Year Change | 1256.6% |
| 10-Year Change | N/A |
| Growth Volatility | 30281.51 |
Icape Holding - Net Assets Trend (2018–2024)
This chart illustrates how Icape Holding's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Icape Holding (2018–2024)
The table below shows the annual net assets of Icape Holding from 2018 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €31.16 Million | -1.66% |
| 2023-12-31 | €31.69 Million | +9.00% |
| 2022-12-31 | €29.07 Million | +383.77% |
| 2021-12-31 | €6.01 Million | +161.60% |
| 2020-12-31 | €2.30 Million | +181.84% |
| 2019-12-31 | €815.00K | +81400.00% |
| 2018-12-31 | €1.00K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Icape Holding'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 372100000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €3.72 Million | 12.00% |
| Common Stock | €3.23 Million | 10.43% |
| Other Comprehensive Income | €9.09 Million | 29.32% |
| Other Components | €14.97 Million | 48.25% |
| Total Equity | €31.02 Million | 100.00% |
Icape Holding Competitors by Market Cap
The table below lists competitors of Icape Holding ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
LianBio
PINK:LIANY
|
$12.55 Million |
|
Cellectar Biosciences Inc
NASDAQ:CLRB
|
$12.55 Million |
|
Radhika Jeweltech Limited
NSE:RADHIKAJWE
|
$12.55 Million |
|
Wellysun Inc
TW:6988
|
$12.56 Million |
|
Eden Research plc
PINK:EDNSF
|
$12.54 Million |
|
Goa Carbon Limited
NSE:GOACARBON
|
$12.54 Million |
|
OCR Group Bhd
KLSE:7071
|
$12.53 Million |
|
Borneo Oil Bhd
KLSE:7036
|
$12.53 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Icape Holding's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 31,375,000 to 31,016,000, a change of -359,000 (-1.1%).
- Net income of 3,721,000 contributed positively to equity growth.
- Dividend payments of 1,610,000 reduced retained earnings.
- Share repurchases of 7,000 reduced equity.
- Other comprehensive income increased equity by 2,019,999.
- Other factors decreased equity by 4,482,999.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €3.72 Million | +12.0% |
| Dividends Paid | €1.61 Million | -5.19% |
| Share Repurchases | €7.00K | -0.02% |
| Other Comprehensive Income | €2.02 Million | +6.51% |
| Other Changes | €-4.48 Million | -14.45% |
| Total Change | €- | -1.14% |
Book Value vs Market Value Analysis
This analysis compares Icape Holding'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 39.79x 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 |
|---|---|---|---|
| 2019-12-31 | €0.11 | €4.26 | x |
| 2020-12-31 | €0.28 | €4.26 | x |
| 2021-12-31 | €0.66 | €4.26 | x |
| 2022-12-31 | €3.52 | €4.26 | x |
| 2023-12-31 | €3.88 | €4.26 | x |
| 2024-12-31 | €3.85 | €4.26 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Icape Holding 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): 12.00%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.05%
- • Asset Turnover: 1.14x
- • Equity Multiplier: 5.15x
- Recent ROE (12.00%) is below the historical average (31.11%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 30.14% | 0.21% | 1.95x | 72.71x | €174.40K |
| 2020 | 68.38% | 1.24% | 1.77x | 31.10x | €1.33 Million |
| 2021 | 46.11% | 1.50% | 1.51x | 20.45x | €1.92 Million |
| 2022 | 19.25% | 2.49% | 1.52x | 5.09x | €2.63 Million |
| 2023 | 10.77% | 1.88% | 1.19x | 4.81x | €240.50K |
| 2024 | 12.00% | 2.05% | 1.14x | 5.15x | €619.40K |
Industry Comparison
This section compares Icape Holding's net assets metrics with peer companies in the Electronic Components industry.
Industry Context
- Industry: Electronic Components
- Average net assets among peers: $11,110,637
- Average return on equity (ROE) among peers: -23.51%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Icape Holding (ALICA) | €27.36 Million | 30.14% | 4.86x | $12.55 Million |
| Cofidur SA (ALCOF) | $26.14 Million | 2.75% | 1.08x | $3.13 Million |
| Egide S.A. (ALGID) | $6.99 Million | -19.72% | 1.26x | $16.29 Million |
| Roctool (ALROC) | $4.05 Million | -66.08% | 0.99x | $4.69 Million |
| Novatech Industries SA (MLNOV) | $7.27 Million | -11.00% | 1.91x | $20.12 Million |