Mg Internation
MG International S.A. manufactures and sells swimming pool safety and maintenance equipment in France, Europe, and internationally. It offers cleaning robots, pool covers, swimming pool alarms, pool cleaning, and spare parts, such as Maytronics, Précisio, Aqualarm, Aquasensor, Oxineo and Sysne, Aqua Life, and Espio alarms, as well as maintenance contracts like Dolphin Service. The company was fou… Read more
Mg Internation (ALMGI) - Net Assets
Latest net assets as of June 2025: €33.85 Million EUR
Based on the latest financial reports, Mg Internation (ALMGI) has net assets worth €33.85 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 (€53.20 Million) and total liabilities (€19.35 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 | €33.85 Million |
| % of Total Assets | 63.62% |
| Annual Growth Rate | 38.32% |
| 5-Year Change | 80.5% |
| 10-Year Change | 490.59% |
| Growth Volatility | 1975.43 |
Mg Internation - Net Assets Trend (2002–2024)
This chart illustrates how Mg Internation's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Mg Internation (2002–2024)
The table below shows the annual net assets of Mg Internation from 2002 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €32.72 Million | -1.12% |
| 2023-12-31 | €33.09 Million | +7.10% |
| 2022-12-31 | €30.89 Million | +27.44% |
| 2021-12-31 | €24.24 Million | +33.75% |
| 2020-12-31 | €18.13 Million | +35.75% |
| 2019-12-31 | €13.35 Million | +16.11% |
| 2018-12-31 | €11.50 Million | +54.86% |
| 2017-12-31 | €7.43 Million | +22.17% |
| 2016-12-31 | €6.08 Million | +9.73% |
| 2015-12-31 | €5.54 Million | +7.57% |
| 2014-12-31 | €5.15 Million | +0.14% |
| 2013-12-31 | €5.14 Million | +16.20% |
| 2012-12-31 | €4.43 Million | +9.58% |
| 2011-12-31 | €4.04 Million | -66.98% |
| 2010-12-31 | €12.23 Million | -9.42% |
| 2009-12-31 | €13.51 Million | +7.08% |
| 2008-12-31 | €12.61 Million | -38.01% |
| 2007-12-31 | €20.35 Million | -8.44% |
| 2006-12-31 | €22.22 Million | +273.04% |
| 2005-12-31 | €5.96 Million | +181.92% |
| 2004-12-31 | €2.11 Million | +9504.55% |
| 2003-12-31 | €22.00K | -15.38% |
| 2002-12-31 | €26.00K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Mg Internation'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 2290054800.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €22.90 Million | 70.00% |
| Common Stock | €516.00K | 1.58% |
| Other Comprehensive Income | €51.60K | 0.16% |
| Other Components | €9.25 Million | 28.27% |
| Total Equity | €32.72 Million | 100.00% |
Mg Internation Competitors by Market Cap
The table below lists competitors of Mg Internation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Silicon Touch Technology Inc.
TWO:3288
|
$3.57 Million |
|
Eko Export SA
WAR:EEX
|
$3.57 Million |
|
Thruvision Group plc
PINK:DIGTF
|
$3.58 Million |
|
Nubian Resources Ltd
OTCQB:NBRFF
|
$3.58 Million |
|
Solara Minerals Ltd
AU:SLA
|
$3.57 Million |
|
BH Global Corporation Limited
TW:911608
|
$3.57 Million |
|
ThreeD Capital Inc
OTCQX:IDKFF
|
$3.57 Million |
|
Pantera Lithium Ltd
AU:PFE
|
$3.57 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Mg Internation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 33,086,903 to 32,716,572, a change of -370,331 (-1.1%).
- Net income of 1,384,000 contributed positively to equity growth.
- Dividend payments of 1,754,000 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €1.38 Million | +4.23% |
| Dividends Paid | €1.75 Million | -5.36% |
| Other Changes | €-331.00 | -0.0% |
| Total Change | €- | -1.12% |
Book Value vs Market Value Analysis
This analysis compares Mg Internation'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: 0.39x
- 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 2.91x to 0.39x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2004-12-31 | €0.86 | €2.50 | x |
| 2005-12-31 | €2.42 | €2.50 | x |
| 2006-12-31 | €8.54 | €2.50 | x |
| 2007-12-31 | €7.32 | €2.50 | x |
| 2008-12-31 | €3.67 | €2.50 | x |
| 2009-12-31 | €2.62 | €2.50 | x |
| 2010-12-31 | €2.37 | €2.50 | x |
| 2011-12-31 | €0.94 | €2.50 | x |
| 2012-12-31 | €1.03 | €2.50 | x |
| 2013-12-31 | €1.20 | €2.50 | x |
| 2014-12-31 | €1.20 | €2.50 | x |
| 2015-12-31 | €1.29 | €2.50 | x |
| 2016-12-31 | €1.41 | €2.50 | x |
| 2017-12-31 | €1.73 | €2.50 | x |
| 2018-12-31 | €2.23 | €2.50 | x |
| 2019-12-31 | €2.59 | €2.50 | x |
| 2020-12-31 | €3.51 | €2.50 | x |
| 2021-12-31 | €4.70 | €2.50 | x |
| 2022-12-31 | €5.99 | €2.50 | x |
| 2023-12-31 | €6.41 | €2.50 | x |
| 2024-12-31 | €6.34 | €2.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Mg Internation 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): 4.23%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.32%
- • Asset Turnover: 1.02x
- • Equity Multiplier: 1.78x
- Recent ROE (4.23%) is above the historical average (0.69%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | 99.01% | 27.95% | 1.07x | 3.31x | €1.88 Million |
| 2005 | 89.69% | 29.79% | 1.14x | 2.65x | €4.75 Million |
| 2006 | 41.35% | 23.73% | 1.18x | 1.48x | €6.58 Million |
| 2007 | -17.55% | -37.57% | 0.24x | 1.96x | €-4.96 Million |
| 2008 | -111.33% | -179.93% | 0.31x | 1.98x | €-14.11 Million |
| 2009 | -10.99% | -25.53% | 0.24x | 1.80x | €-2.83 Million |
| 2010 | -9.98% | -15.20% | 0.37x | 1.76x | €-2.44 Million |
| 2011 | -243.55% | -79.41% | 0.87x | 3.53x | €-10.24 Million |
| 2012 | 8.43% | 2.30% | 1.11x | 3.31x | €-69.58K |
| 2013 | 7.83% | 2.08% | 1.24x | 3.04x | €-111.37K |
| 2014 | 7.83% | 1.97% | 1.27x | 3.14x | €-111.82K |
| 2015 | 8.05% | 1.87% | 1.32x | 3.25x | €-108.20K |
| 2016 | 9.71% | 1.98% | 1.59x | 3.09x | €-17.38K |
| 2017 | 18.15% | 3.69% | 1.52x | 3.24x | €605.42K |
| 2018 | 14.36% | 3.92% | 1.45x | 2.53x | €501.78K |
| 2019 | 13.87% | 3.90% | 1.73x | 2.05x | €517.14K |
| 2020 | 26.33% | 8.12% | 1.70x | 1.90x | €2.96 Million |
| 2021 | 25.48% | 7.57% | 1.69x | 2.00x | €3.75 Million |
| 2022 | 21.53% | 8.03% | 1.71x | 1.57x | €3.56 Million |
| 2023 | 11.93% | 5.60% | 1.65x | 1.29x | €638.87K |
| 2024 | 4.23% | 2.32% | 1.02x | 1.78x | €-1.89 Million |
Industry Comparison
This section compares Mg Internation's net assets metrics with peer companies in the Security & Protection Services industry.
Industry Context
- Industry: Security & Protection Services
- Average net assets among peers: $3,793,378
- Average return on equity (ROE) among peers: 16.87%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Mg Internation (ALMGI) | €33.85 Million | 99.01% | 0.57x | $3.57 Million |
| Aquila SA (ALAQU) | $3.79 Million | 16.87% | 1.58x | $31.93K |