Altheora SA
Altheora SA manufactures and sells composite materials worldwide. The company offers composite materials for use in various sectors, including aeronautics, railways, and land mobility motorized equipment, as well as sports, recreation, marine, and medical. It also provides painting and industrial coatings. The company was formerly known as Mecelec Composites SA and changed its name to Altheora SA… Read more
Altheora SA (ALORA) - Net Assets
Latest net assets as of June 2025: €9.37 Million EUR
Based on the latest financial reports, Altheora SA (ALORA) has net assets worth €9.37 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 (€32.62 Million) and total liabilities (€23.25 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 | €9.37 Million |
| % of Total Assets | 28.73% |
| Annual Growth Rate | N/A |
| 5-Year Change | 0.32% |
| 10-Year Change | N/A |
| Growth Volatility | 85.21 |
Altheora SA - Net Assets Trend (2009–2024)
This chart illustrates how Altheora 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 Altheora SA (2009–2024)
The table below shows the annual net assets of Altheora SA from 2009 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €10.25 Million | -15.87% |
| 2023-12-31 | €12.18 Million | -13.55% |
| 2022-12-31 | €14.09 Million | +58.98% |
| 2021-12-31 | €8.86 Million | -13.24% |
| 2020-12-31 | €10.21 Million | -0.22% |
| 2019-12-31 | €10.24 Million | +215.95% |
| 2018-12-31 | €3.24 Million | +41.12% |
| 2017-12-31 | €2.30 Million | +260.67% |
| 2016-12-31 | €-1.43 Million | +36.57% |
| 2015-12-31 | €-2.25 Million | +52.06% |
| 2014-12-31 | €-4.70 Million | -167.13% |
| 2013-12-31 | €7.00 Million | -15.78% |
| 2012-12-31 | €8.31 Million | -3.93% |
| 2011-12-31 | €8.65 Million | +8.26% |
| 2010-12-31 | €7.99 Million | +512.86% |
| 2009-12-31 | €-1.94 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Altheora 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 475500000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | €13.53 Million | 132.02% |
| Other Comprehensive Income | €857.00K | 8.36% |
| Other Components | €3.70 Million | 36.14% |
| Total Equity | €10.25 Million | 100.00% |
Altheora SA Competitors by Market Cap
The table below lists competitors of Altheora SA ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
AMA Corp PLC
PA:ALAMA
|
$2.09 Million |
|
Jupiter Energy Ltd
AU:JPR
|
$2.09 Million |
|
Vinpai SAS
PA:ALVIN
|
$2.09 Million |
|
RED ROCK RES PLC LS-0001
F:R2TA
|
$2.09 Million |
|
Industrial Investment Trust Limited
NSE:IITL
|
$2.09 Million |
|
VERISIGN - Dusseldorf Stock Exchang
DU:VRS
|
$2.09 Million |
|
Roolife Group Ltd
AU:RLG
|
$2.09 Million |
|
Idsud S.A
PA:ALIDS
|
$2.09 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Altheora SA's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 12,180,000 to 10,247,000, a change of -1,933,000 (-15.9%).
- Net loss of 1,740,000 reduced equity.
- Other comprehensive income increased equity by 5,908,000.
- Other factors decreased equity by 6,101,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-1.74 Million | -16.98% |
| Other Comprehensive Income | €5.91 Million | +57.66% |
| Other Changes | €-6.10 Million | -59.54% |
| Total Change | €- | -15.87% |
Book Value vs Market Value Analysis
This analysis compares Altheora 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: 0.63x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2009-12-31 | €-1.49 | €0.48 | x |
| 2010-12-31 | €1.91 | €0.48 | x |
| 2011-12-31 | €2.69 | €0.48 | x |
| 2012-12-31 | €2.61 | €0.48 | x |
| 2013-12-31 | €2.19 | €0.48 | x |
| 2014-12-31 | €-1.30 | €0.48 | x |
| 2015-12-31 | €-0.56 | €0.48 | x |
| 2016-12-31 | €-0.36 | €0.48 | x |
| 2017-12-31 | €0.57 | €0.48 | x |
| 2018-12-31 | €0.80 | €0.48 | x |
| 2019-12-31 | €1.32 | €0.48 | x |
| 2020-12-31 | €1.32 | €0.48 | x |
| 2021-12-31 | €1.14 | €0.48 | x |
| 2022-12-31 | €1.74 | €0.48 | x |
| 2023-12-31 | €0.90 | €0.48 | x |
| 2024-12-31 | €0.76 | €0.48 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Altheora 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): -16.98%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -4.70%
- • Asset Turnover: 1.12x
- • Equity Multiplier: 3.22x
- Recent ROE (-16.98%) is below the historical average (0.16%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2009 | 0.00% | -9.81% | 1.67x | 0.00x | €-2.89 Million |
| 2010 | 42.37% | 9.77% | 1.50x | 2.89x | €2.59 Million |
| 2011 | 7.54% | 1.60% | 1.75x | 2.69x | €-213.20K |
| 2012 | -2.92% | -0.53% | 1.68x | 3.26x | €-1.07 Million |
| 2013 | -18.53% | -2.97% | 1.47x | 4.25x | €-2.00 Million |
| 2014 | 0.00% | -18.24% | 0.91x | 0.00x | €-4.57 Million |
| 2015 | 0.00% | -0.51% | 1.29x | 0.00x | €68.60K |
| 2016 | 0.00% | 5.86% | 1.35x | 0.00x | €1.53 Million |
| 2017 | -25.84% | -2.51% | 1.37x | 7.51x | €-822.82K |
| 2018 | 45.91% | 6.45% | 1.01x | 7.02x | €1.16 Million |
| 2019 | 5.19% | 1.83% | 1.11x | 2.55x | €-492.68K |
| 2020 | -3.07% | -1.23% | 0.78x | 3.21x | €-1.34 Million |
| 2021 | -2.57% | -0.71% | 0.91x | 3.96x | €-1.11 Million |
| 2022 | -12.02% | -4.83% | 0.78x | 3.21x | €-3.10 Million |
| 2023 | -16.54% | -4.87% | 1.09x | 3.11x | €-3.23 Million |
| 2024 | -16.98% | -4.70% | 1.12x | 3.22x | €-2.76 Million |
Industry Comparison
This section compares Altheora SA's net assets metrics with peer companies in the Electrical Equipment & Parts industry.
Industry Context
- Industry: Electrical Equipment & Parts
- Average net assets among peers: $93,712,669
- Average return on equity (ROE) among peers: -43.43%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Altheora SA (ALORA) | €9.37 Million | 0.00% | 2.48x | $2.09 Million |
| i2S SA (ALI2S) | $11.78 Million | 0.97% | 0.68x | $3.21 Million |
| Lucibel (ALUCI) | $1.40 Million | -183.24% | 7.89x | $1.01 Million |
| EXOSENS PROM (EXENS) | $172.11 Million | -86.55% | 1.68x | $2.20 Billion |
| Italy Innovazioni SpA (MLITN) | $3.99 Million | -6.91% | 0.24x | $80.32K |
| Mersen SA (MRN) | $295.30 Million | -2.74% | 1.96x | $533.96 Million |
| Gérard Perrier Industrie S.A (PERR) | $77.70 Million | 17.91% | 1.17x | $141.51 Million |