Sapmer

PA:ALMER France Packaged Foods
Market Cap
$33.16 Million
€32.31 Million EUR
Market Cap Rank
#26482 Global
#252 in France
Share Price
€5.30
Change (1 day)
-2.75%
52-Week Range
€4.52 - €8.45
All Time High
€33.11
About

Sapmer SA operates as a fishing company in France. The company offers Patagonian toothfish, saint paul rock lobster, and tropical tuna products. It serves wholesalers, hotels/restaurants, and individuals. Sapmer SA was founded in 1947 and is headquartered in Le Port, France.

Sapmer (ALMER) - Net Assets

Latest net assets as of June 2025: €44.54 Million EUR

Based on the latest financial reports, Sapmer (ALMER) has net assets worth €44.54 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 (€132.37 Million) and total liabilities (€87.83 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 €44.54 Million
% of Total Assets 33.65%
Annual Growth Rate 0.95%
5-Year Change -31.71%
10-Year Change 8.74%
Growth Volatility 28.23

Sapmer - Net Assets Trend (2007–2024)

This chart illustrates how Sapmer's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Sapmer (2007–2024)

The table below shows the annual net assets of Sapmer from 2007 to 2024.

Year Net Assets Change
2024-12-31 €37.90 Million +61.79%
2023-12-31 €23.43 Million -56.31%
2022-12-31 €53.62 Million +13.03%
2021-12-31 €47.44 Million -14.52%
2020-12-31 €55.50 Million -30.97%
2019-12-31 €80.39 Million -2.54%
2018-12-31 €82.49 Million +14.58%
2017-12-31 €71.99 Million +48.19%
2016-12-31 €48.58 Million +39.38%
2015-12-31 €34.85 Million -11.80%
2014-12-31 €39.52 Million -21.44%
2013-12-31 €50.30 Million +9.52%
2012-12-31 €45.92 Million +19.46%
2011-12-31 €38.44 Million +17.77%
2010-12-31 €32.64 Million +2.91%
2009-12-31 €31.72 Million +9.38%
2008-12-31 €29.00 Million -10.10%
2007-12-31 €32.26 Million --

Equity Component Analysis

This analysis shows how different components contribute to Sapmer'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 1354000000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings €13.54 Million 35.82%
Common Stock €4.36 Million 11.53%
Other Comprehensive Income €19.93 Million 52.73%
Total Equity €37.80 Million 100.00%

Sapmer Competitors by Market Cap

The table below lists competitors of Sapmer ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Sapmer's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 23,425,000 to 37,800,000, a change of 14,375,000 (61.4%).
  • Net loss of 900,000 reduced equity.
  • Share repurchases of 15,050,000 reduced equity.
  • New share issuances of 15,050,000 increased equity.
  • Other comprehensive income increased equity by 13,488,000.
  • Other factors increased equity by 1,787,000.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income €-900.00K -2.38%
Share Repurchases €15.05 Million -39.81%
Share Issuances €15.05 Million +39.81%
Other Comprehensive Income €13.49 Million +35.68%
Other Changes €1.79 Million +4.73%
Total Change €- 61.37%

Book Value vs Market Value Analysis

This analysis compares Sapmer'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: 0.49x
  • 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 0.60x to 0.49x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2008-12-31 €8.86 €5.30 x
2009-12-31 €9.49 €5.30 x
2010-12-31 €9.49 €5.30 x
2011-12-31 €11.13 €5.30 x
2012-12-31 €13.11 €5.30 x
2013-12-31 €14.30 €5.30 x
2014-12-31 €11.24 €5.30 x
2015-12-31 €9.96 €5.30 x
2016-12-31 €13.89 €5.30 x
2017-12-31 €20.58 €5.30 x
2018-12-31 €23.58 €5.30 x
2019-12-31 €22.98 €5.30 x
2020-12-31 €15.86 €5.30 x
2021-12-31 €13.56 €5.30 x
2022-12-31 €15.33 €5.30 x
2023-12-31 €6.70 €5.30 x
2024-12-31 €10.80 €5.30 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Sapmer 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): -2.38%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -0.88%
  • • Asset Turnover: 0.78x
  • • Equity Multiplier: 3.47x
  • Recent ROE (-2.38%) is above the historical average (-6.50%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2008 3.86% 3.61% 0.34x 3.12x €-1.74 Million
2009 3.28% 2.95% 0.27x 4.19x €-2.13 Million
2010 1.89% 1.29% 0.36x 4.08x €-2.65 Million
2011 20.15% 10.06% 0.54x 3.70x €3.90 Million
2012 18.81% 9.29% 0.51x 3.96x €4.05 Million
2013 8.18% 4.49% 0.52x 3.53x €-916.60K
2014 -30.08% -13.56% 0.51x 4.37x €-15.84 Million
2015 -17.39% -6.95% 0.52x 4.84x €-9.55 Million
2016 24.92% 9.35% 0.63x 4.26x €7.25 Million
2017 31.73% 13.21% 0.82x 2.93x €15.64 Million
2018 14.80% 6.75% 0.81x 2.71x €3.96 Million
2019 -6.13% -2.98% 0.61x 3.39x €-12.97 Million
2020 -43.95% -21.64% 0.46x 4.45x €-29.94 Million
2021 -17.67% -5.68% 0.67x 4.61x €-13.13 Million
2022 10.84% 3.56% 0.77x 3.96x €452.00K
2023 -131.29% -21.73% 0.97x 6.25x €-33.10 Million
2024 -2.38% -0.88% 0.78x 3.47x €-4.68 Million

Industry Comparison

This section compares Sapmer's net assets metrics with peer companies in the Packaged Foods industry.

Industry Context

  • Industry: Packaged Foods
  • Average net assets among peers: $1,248,147,245
  • Average return on equity (ROE) among peers: -95.66%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Sapmer (ALMER) €44.54 Million 3.86% 1.97x $16.04 Million
Fleury Michon (ALFLE) $194.33 Million 9.35% 1.91x $41.23 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