Berkem Group SA
Groupe Berkem Société anonyme operates in the chemical industry. The company engages in the extraction and manufacture of plant extracts for food supplements, and floral waters, as well as natural active ingredients for cosmetics and agri-food markets. It is also involved in freeze-drying for the cosmetics, agri-food, and food supplements sector, as well as pharmaceutical sector by preserving dia… Read more
Berkem Group SA (ALKEM) - Net Assets
Latest net assets as of June 2024: €30.14 Million EUR
Based on the latest financial reports, Berkem Group SA (ALKEM) has net assets worth €30.14 Million EUR as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€102.87 Million) and total liabilities (€72.73 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 | €30.14 Million |
| % of Total Assets | 29.3% |
| Annual Growth Rate | 24.0% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 52.95 |
Berkem Group SA - Net Assets Trend (2018–2023)
This chart illustrates how Berkem Group 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 Berkem Group SA (2018–2023)
The table below shows the annual net assets of Berkem Group SA from 2018 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | €27.82 Million | +1.50% |
| 2022-12-31 | €27.41 Million | -61.73% |
| 2021-12-31 | €71.62 Million | +44036.81% |
| 2020-12-31 | €-163.00K | +93.90% |
| 2019-12-31 | €-2.67 Million | -128.18% |
| 2018-12-31 | €9.49 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Berkem Group 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 52.3% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €367.00K | 1.32% |
| Common Stock | €39.98 Million | 143.70% |
| Other Comprehensive Income | €-39.25 Million | -141.10% |
| Other Components | €26.73 Million | 96.09% |
| Total Equity | €27.82 Million | 100.00% |
Berkem Group SA Competitors by Market Cap
The table below lists competitors of Berkem Group SA ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Republic Power Group Limited Class A Ordinary Shares
NASDAQ:RPGL
|
$10.44 Million |
|
Bittnet Systems SA
RO:BNET
|
$10.44 Million |
|
Hemostemix Inc
OTCQB:HMTXF
|
$10.45 Million |
|
Western Bulk Chartering AS
PINK:WSSTF
|
$10.46 Million |
|
TBH Global Co Ltd
KO:084870
|
$10.44 Million |
|
Springwater Special Situations Corp
NASDAQ:SWSS
|
$10.43 Million |
|
OptiCept Technologies AB
ST:OPTI
|
$10.43 Million |
|
Microba Life Sciences Ltd
AU:MAP
|
$10.42 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Berkem Group SA's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 27,409,000 to 27,820,000, a change of 411,000 (1.5%).
- Net income of 367,000 contributed positively to equity growth.
- Share repurchases of 401,000 reduced equity.
- Other comprehensive income increased equity by 861,001.
- Other factors decreased equity by 416,001.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €367.00K | +1.32% |
| Share Repurchases | €401.00K | -1.44% |
| Other Comprehensive Income | €861.00K | +3.09% |
| Other Changes | €-416.00K | -1.5% |
| Total Change | €- | 1.50% |
Book Value vs Market Value Analysis
This analysis compares Berkem Group 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: 1.98x
- 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 4.45x to 1.98x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-12-31 | €0.70 | €3.10 | x |
| 2019-12-31 | €-0.18 | €3.10 | x |
| 2020-12-31 | €-0.04 | €3.10 | x |
| 2021-12-31 | €4.05 | €3.10 | x |
| 2022-12-31 | €1.55 | €3.10 | x |
| 2023-12-31 | €1.57 | €3.10 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Berkem Group 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): 1.32%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.68%
- • Asset Turnover: 0.57x
- • Equity Multiplier: 3.37x
- Recent ROE (1.32%) is above the historical average (0.96%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | 8.52% | 1.88% | 0.74x | 6.17x | €-133.80K |
| 2019 | 0.00% | 0.56% | 0.89x | 0.00x | €537.40K |
| 2020 | 0.00% | 3.42% | 0.82x | 0.00x | €1.50 Million |
| 2021 | 1.67% | 3.03% | 0.38x | 1.44x | €-5.97 Million |
| 2022 | -5.72% | -3.04% | 0.71x | 2.65x | €-4.31 Million |
| 2023 | 1.32% | 0.68% | 0.57x | 3.37x | €-2.42 Million |
Industry Comparison
This section compares Berkem Group SA's net assets metrics with peer companies in the Specialty Chemicals industry.
Industry Context
- Industry: Specialty Chemicals
- Average net assets among peers: $2,337,756,477
- Average return on equity (ROE) among peers: -22.19%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Berkem Group SA (ALKEM) | €30.14 Million | 8.52% | 2.41x | $10.44 Million |
| Air Liquide SA (AI) | $19.00 Billion | 12.81% | 1.21x | $99.38 Billion |
| Arkema SA (AKE) | $1.81 Billion | -9.49% | 1.18x | $3.23 Billion |
| Afyren SAS (ALAFY) | $61.80 Million | -15.51% | 0.14x | $1.77 Million |
| Carbios (ALCRB) | $13.06 Million | -16.92% | 0.05x | $126.57 Million |
| Encres Dubuit SA (ALDUB) | $19.30 Million | -6.18% | 0.26x | $2.55 Million |
| Glob Bioenergi (ALGBE) | $7.65 Million | -156.71% | 1.82x | $288.57K |
| Plásticos Compuestos, S.A. (ALKOM) | $14.81 Million | -2.48% | 1.80x | $1.32 Million |
| Vinpai SAS (ALVIN) | $2.54 Million | 0.16% | 2.31x | $2.09 Million |
| EPC Groupe (EXPL) | $103.05 Million | -5.37% | 2.38x | $139.39 Million |