Societe Marseillaise du Tunnel Prado Carenage S.A. (ALTPC) - Net Assets
Based on the latest financial reports, Societe Marseillaise du Tunnel Prado Carenage S.A. (ALTPC) has net assets worth €65.56 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 (€118.83 Million) and total liabilities (€53.27 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 | €65.56 Million |
| % of Total Assets | 55.17% |
| Annual Growth Rate | 3.13% |
| 5-Year Change | 0.21% |
| 10-Year Change | 31.02% |
| Growth Volatility | 2.97 |
Societe Marseillaise du Tunnel Prado Carenage S.A. - Net Assets Trend (2007–2024)
This chart illustrates how Societe Marseillaise du Tunnel Prado Carenage S.A.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Societe Marseillaise du Tunnel Prado Carenage S.A. (2007–2024)
The table below shows the annual net assets of Societe Marseillaise du Tunnel Prado Carenage S.A. from 2007 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €73.05 Million | -3.71% |
| 2023-12-31 | €75.87 Million | +1.13% |
| 2022-12-31 | €75.01 Million | +2.57% |
| 2021-12-31 | €73.14 Million | +0.33% |
| 2020-12-31 | €72.89 Million | +10.48% |
| 2019-12-31 | €65.98 Million | +1.40% |
| 2018-12-31 | €65.07 Million | +3.84% |
| 2017-12-31 | €62.66 Million | +6.57% |
| 2016-12-31 | €58.80 Million | +5.46% |
| 2015-12-31 | €55.75 Million | +5.33% |
| 2014-12-31 | €52.93 Million | +1.64% |
| 2013-12-31 | €52.08 Million | +1.74% |
| 2012-12-31 | €51.19 Million | +1.80% |
| 2011-12-31 | €50.29 Million | +2.34% |
| 2010-12-31 | €49.14 Million | +3.75% |
| 2009-12-31 | €47.36 Million | +4.43% |
| 2008-12-31 | €45.36 Million | +4.84% |
| 2007-12-31 | €43.26 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Societe Marseillaise du Tunnel Prado Carenage S.A.'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 216.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €42.68 Million | 58.43% |
| Common Stock | €17.80 Million | 24.37% |
| Other Comprehensive Income | €1.88 Million | 2.57% |
| Other Components | €10.68 Million | 14.62% |
| Total Equity | €73.05 Million | 100.00% |
Societe Marseillaise du Tunnel Prado Carenage S.A. Competitors by Market Cap
The table below lists competitors of Societe Marseillaise du Tunnel Prado Carenage S.A. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Bharat Wire Ropes Limited
NSE:BHARATWIRE
|
$164.63 Million |
|
AFC Ajax NV
AS:AJAX
|
$164.63 Million |
|
Kimia Farma Persero Tbk
JK:KAEF
|
$164.72 Million |
|
Kao Hsiung Chang Iron & Steel Corp
TW:2008
|
$164.75 Million |
|
Indospring Tbk
JK:INDS
|
$164.58 Million |
|
CAPITAL ENVIRO.HLDG.HD-01
F:H2Y
|
$164.56 Million |
|
Sagimet Biosciences Inc. Series A Common Stock
NASDAQ:SGMT
|
$164.56 Million |
|
Orogen Royalties Inc
V:OGN
|
$164.46 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Societe Marseillaise du Tunnel Prado Carenage S.A.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 75,865,631 to 73,048,996, a change of -2,816,635 (-3.7%).
- Net income of 9,442,116 contributed positively to equity growth.
- Dividend payments of 12,258,751 reduced retained earnings.
- Other comprehensive income decreased equity by 1.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €9.44 Million | +12.93% |
| Dividends Paid | €12.26 Million | -16.78% |
| Other Comprehensive Income | €-1.00 | -0.0% |
| Other Changes | €1.00 | +0.0% |
| Total Change | €- | -3.71% |
Book Value vs Market Value Analysis
This analysis compares Societe Marseillaise du Tunnel Prado Carenage S.A.'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: 2.30x
- 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 3.89x to 2.30x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2007-12-31 | €7.41 | €28.80 | x |
| 2008-12-31 | €7.77 | €28.80 | x |
| 2009-12-31 | €8.10 | €28.80 | x |
| 2010-12-31 | €8.40 | €28.80 | x |
| 2011-12-31 | €8.63 | €28.80 | x |
| 2012-12-31 | €6.92 | €28.80 | x |
| 2013-12-31 | €7.07 | €28.80 | x |
| 2014-12-31 | €7.22 | €28.80 | x |
| 2015-12-31 | €7.70 | €28.80 | x |
| 2016-12-31 | €8.23 | €28.80 | x |
| 2017-12-31 | €8.89 | €28.80 | x |
| 2018-12-31 | €9.30 | €28.80 | x |
| 2019-12-31 | €9.46 | €28.80 | x |
| 2020-12-31 | €10.64 | €28.80 | x |
| 2021-12-31 | €10.68 | €28.80 | x |
| 2022-12-31 | €12.85 | €28.80 | x |
| 2023-12-31 | €13.00 | €28.80 | x |
| 2024-12-31 | €12.53 | €28.80 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Societe Marseillaise du Tunnel Prado Carenage S.A. 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): 12.93%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 24.81%
- • Asset Turnover: 0.29x
- • Equity Multiplier: 1.77x
- Recent ROE (12.93%) is below the historical average (22.28%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | 23.18% | 30.30% | 0.25x | 3.01x | €5.70 Million |
| 2008 | 21.34% | 29.19% | 0.27x | 2.68x | €5.14 Million |
| 2009 | 21.49% | 30.02% | 0.30x | 2.42x | €5.44 Million |
| 2010 | 21.43% | 30.75% | 0.31x | 2.23x | €5.62 Million |
| 2011 | 20.86% | 30.43% | 0.33x | 2.07x | €5.46 Million |
| 2012 | 26.79% | 30.75% | 0.35x | 2.46x | €6.79 Million |
| 2013 | 27.60% | 31.00% | 0.38x | 2.32x | €7.27 Million |
| 2014 | 28.34% | 29.84% | 0.43x | 2.21x | €7.73 Million |
| 2015 | 30.94% | 34.16% | 0.44x | 2.04x | €9.42 Million |
| 2016 | 29.44% | 34.47% | 0.46x | 1.84x | €9.33 Million |
| 2017 | 28.83% | 37.63% | 0.47x | 1.64x | €9.77 Million |
| 2018 | 24.86% | 35.24% | 0.46x | 1.53x | €8.07 Million |
| 2019 | 21.74% | 33.95% | 0.30x | 2.17x | €6.48 Million |
| 2020 | 11.13% | 24.77% | 0.21x | 2.13x | €703.48K |
| 2021 | 17.11% | 32.80% | 0.23x | 2.27x | €4.43 Million |
| 2022 | 17.29% | 37.04% | 0.24x | 1.93x | €5.47 Million |
| 2023 | 15.74% | 31.64% | 0.27x | 1.84x | €4.36 Million |
| 2024 | 12.93% | 24.81% | 0.29x | 1.77x | €2.14 Million |
Industry Comparison
This section compares Societe Marseillaise du Tunnel Prado Carenage S.A.'s net assets metrics with peer companies in the Infrastructure Operations industry.
No peer company data available for comparison.
About Societe Marseillaise du Tunnel Prado Carenage S.A.
Société Marseillaise du Tunnel Prado Carénage constructs and operates tunnels in France. It operates tunnels under the Prado Carénage, Prado Sud, Louis Rège, and Schloesing names. The company was founded in 1989 and is based in Marseille, France.