Coface SA (COFA) - Net Assets
Based on the latest financial reports, Coface SA (COFA) has net assets worth €2.22 Billion EUR (≈ $2.59 Billion USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€8.09 Billion ≈ $9.46 Billion USD) and total liabilities (€5.87 Billion ≈ $6.87 Billion USD). 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. Check COFA tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €2.22 Billion |
| % of Total Assets | 27.38% |
| Annual Growth Rate | 5.7% |
| 5-Year Change | -0.66% |
| 10-Year Change | 25.82% |
| Growth Volatility | 11.23 |
Coface SA - Net Assets Trend (2000–2025)
This chart illustrates how Coface SA's net assets have evolved over time, based on quarterly financial data. See Coface SA (COFA) liquidity interval to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Coface SA (2000–2025)
The table below shows the annual net assets of Coface SA from 2000 to 2025. For live valuation and market cap data, see Coface SA (COFA) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | €2.22 Billion ≈ $2.59 Billion |
+0.89% |
| 2024-12-31 | €2.20 Billion ≈ $2.57 Billion |
+6.96% |
| 2023-12-31 | €2.05 Billion ≈ $2.40 Billion |
+4.62% |
| 2022-12-31 | €1.96 Billion ≈ $2.29 Billion |
-12.00% |
| 2021-12-31 | €2.23 Billion ≈ $2.61 Billion |
+11.57% |
| 2020-12-31 | €2.00 Billion ≈ $2.34 Billion |
+3.84% |
| 2019-12-31 | €1.92 Billion ≈ $2.25 Billion |
+6.56% |
| 2018-12-31 | €1.81 Billion ≈ $2.11 Billion |
+0.20% |
| 2017-12-31 | €1.80 Billion ≈ $2.11 Billion |
+2.38% |
| 2016-12-31 | €1.76 Billion ≈ $2.06 Billion |
-0.36% |
| 2015-12-31 | €1.77 Billion ≈ $2.07 Billion |
+2.46% |
| 2014-12-31 | €1.72 Billion ≈ $2.02 Billion |
-3.84% |
| 2013-12-31 | €1.79 Billion ≈ $2.10 Billion |
+0.96% |
| 2012-12-31 | €1.78 Billion ≈ $2.08 Billion |
+8.13% |
| 2011-12-31 | €1.64 Billion ≈ $1.92 Billion |
+17.65% |
| 2010-12-31 | €1.40 Billion ≈ $1.63 Billion |
+28.18% |
| 2009-12-31 | €1.09 Billion ≈ $1.27 Billion |
-6.99% |
| 2008-12-31 | €1.17 Billion ≈ $1.37 Billion |
-0.88% |
| 2007-12-31 | €1.18 Billion ≈ $1.38 Billion |
+16.53% |
| 2006-12-31 | €1.01 Billion ≈ $1.19 Billion |
+12.89% |
| 2005-12-31 | €898.19 Million ≈ $1.05 Billion |
+42.60% |
| 2004-12-31 | €629.85 Million ≈ $736.36 Million |
+0.78% |
| 2003-12-31 | €625.00 Million ≈ $730.69 Million |
+12.82% |
| 2002-12-31 | €554.00 Million ≈ $647.68 Million |
-4.96% |
| 2001-12-31 | €582.92 Million ≈ $681.50 Million |
+5.30% |
| 2000-12-31 | €553.59 Million ≈ $647.20 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Coface 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 grown by 22200900000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €222.01 Million | 10.03% |
| Common Stock | €300.36 Million | 13.57% |
| Other Comprehensive Income | €-61.16 Million | -2.76% |
| Other Components | €1.75 Billion | 79.16% |
| Total Equity | €2.21 Billion | 100.00% |
Coface SA Competitors by Market Cap
The table below lists competitors of Coface SA ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Pengxin International Mining Co Ltd
SHG:600490
|
$2.40 Billion |
|
Now Inc
NYSE:DNOW
|
$2.40 Billion |
|
Dayamitra Telekomunikasi PT
JK:MTEL
|
$2.40 Billion |
|
Xizi Clean Energy Equipment Manufacturing Co Ltd
SHE:002534
|
$2.40 Billion |
|
Signify N.V.
AS:LIGHT
|
$2.40 Billion |
|
Proximus NV
BR:PROX
|
$2.40 Billion |
|
SCHOTT Pharma AG & Co. KGaA
XETRA:1SXP
|
$2.39 Billion |
|
Alleima AB (publ)
ST:ALLEI
|
$2.39 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Coface SA's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 2,193,555,000 to 2,213,003,000, a change of 19,448,000 (0.9%).
- Net income of 222,000,000 contributed positively to equity growth.
- Dividend payments of 209,060,000 reduced retained earnings.
- Share repurchases of 5,757,000 reduced equity.
- Other comprehensive income decreased equity by 3,278,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €222.00 Million | +10.03% |
| Dividends Paid | €209.06 Million | -9.45% |
| Share Repurchases | €5.76 Million | -0.26% |
| Other Comprehensive Income | €-3.28 Million | -0.15% |
| Other Changes | €15.54 Million | +0.7% |
| Total Change | €- | 0.89% |
Book Value vs Market Value Analysis
This analysis compares Coface 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: 0.99x
- 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 increased from 0.23x to 0.99x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-12-31 | €64.55 | €14.72 | x |
| 2006-12-31 | €61.46 | €14.72 | x |
| 2007-12-31 | €57.15 | €14.72 | x |
| 2008-12-31 | €48.15 | €14.72 | x |
| 2009-12-31 | €34.85 | €14.72 | x |
| 2010-12-31 | €41.33 | €14.72 | x |
| 2011-12-31 | €10.40 | €14.72 | x |
| 2012-12-31 | €11.24 | €14.72 | x |
| 2013-12-31 | €11.35 | €14.72 | x |
| 2014-12-31 | €10.94 | €14.72 | x |
| 2015-12-31 | €11.21 | €14.72 | x |
| 2016-12-31 | €11.18 | €14.72 | x |
| 2017-12-31 | €5.87 | €14.72 | x |
| 2018-12-31 | €6.10 | €14.72 | x |
| 2019-12-31 | €12.73 | €14.72 | x |
| 2020-12-31 | €13.29 | €14.72 | x |
| 2021-12-31 | €14.96 | €14.72 | x |
| 2022-12-31 | €9.02 | €14.72 | x |
| 2023-12-31 | €13.76 | €14.72 | x |
| 2024-12-31 | €14.69 | €14.72 | x |
| 2025-12-31 | €14.85 | €14.72 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Coface 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): 10.03%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 11.70%
- • Asset Turnover: 0.23x
- • Equity Multiplier: 3.66x
- Recent ROE (10.03%) is above the historical average (7.88%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 13.07% | 9.16% | 0.32x | 4.43x | €27.44 Million |
| 2006 | 11.32% | 8.50% | 0.26x | 5.14x | €13.38 Million |
| 2007 | 13.90% | 11.17% | 0.22x | 5.58x | €45.84 Million |
| 2008 | 3.51% | 2.65% | 0.22x | 6.09x | €-75.68 Million |
| 2009 | -15.04% | -10.27% | 0.23x | 6.29x | €-271.28 Million |
| 2010 | 8.31% | 6.84% | 0.22x | 5.51x | €-23.44 Million |
| 2011 | 3.90% | 4.97% | 0.18x | 4.48x | €-99.44 Million |
| 2012 | 7.04% | 9.46% | 0.22x | 3.45x | €-52.17 Million |
| 2013 | 7.16% | 9.77% | 0.22x | 3.37x | €-50.58 Million |
| 2014 | 7.28% | 9.51% | 0.20x | 3.83x | €-46.76 Million |
| 2015 | 7.17% | 9.22% | 0.20x | 3.91x | €-49.86 Million |
| 2016 | 2.37% | 3.20% | 0.18x | 4.02x | €-133.99 Million |
| 2017 | 9.04% | 6.77% | 0.17x | 7.85x | €-8.84 Million |
| 2018 | 13.02% | 9.89% | 0.17x | 7.69x | €28.41 Million |
| 2019 | 7.62% | 11.28% | 0.18x | 3.84x | €-45.72 Million |
| 2020 | 4.15% | 7.44% | 0.15x | 3.78x | €-116.93 Million |
| 2021 | 10.04% | 17.46% | 0.18x | 3.26x | €862.30K |
| 2022 | 17.88% | 15.27% | 0.19x | 6.28x | €105.96 Million |
| 2023 | 11.73% | 15.02% | 0.20x | 3.85x | €35.42 Million |
| 2024 | 11.90% | 15.83% | 0.20x | 3.69x | €41.71 Million |
| 2025 | 10.03% | 11.70% | 0.23x | 3.66x | €699.70K |
Industry Comparison
This section compares Coface SA's net assets metrics with peer companies in the Insurance - Reinsurance industry.
Industry Context
- Industry: Insurance - Reinsurance
- Average net assets among peers: $1,357,000,000
- Average return on equity (ROE) among peers: 6.56%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Coface SA (COFA) | €2.22 Billion | 13.07% | 2.65x | $2.40 Billion |
| SCOR SE (SCR) | $1.36 Billion | 6.56% | 5.92x | $5.55 Billion |
About Coface SA
COFACE SA, through its subsidiaries, provides trade credit insurance products and services for small and medium enterprises, mid-market companies, international corporations, international companies, financial institutions, and clients of distribution partners. It offers insurance products, including TradeLiner; EasyLiner, a range of contracts for small and medium enterprises; GlobaLiner, that of… Read more