Forsee Power SAS (FORSE) - Net Assets

Latest as of June 2025: €53.23 Million EUR ≈ $62.23 Million USD

Based on the latest financial reports, Forsee Power SAS (FORSE) has net assets worth €53.23 Million EUR (≈ $62.23 Million USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€164.85 Million ≈ $192.73 Million USD) and total liabilities (€111.62 Million ≈ $130.50 Million 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 Forsee Power SAS PP&E and investment ratio to assess the company's strategic physical and investment asset allocation.

Key Net Assets Metrics

Metric Value
Current Net Assets €53.23 Million
% of Total Assets 32.29%
Annual Growth Rate 17.27%
5-Year Change N/A
10-Year Change N/A
Growth Volatility 100.09

Forsee Power SAS - Net Assets Trend (2017–2024)

This chart illustrates how Forsee Power SAS's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see FORSE market cap overview.

Annual Net Assets for Forsee Power SAS (2017–2024)

The table below shows the annual net assets of Forsee Power SAS from 2017 to 2024. Also explore how fast is Forsee Power SAS growing its equity to track the company's year-over-year net asset growth rate.

Year Net Assets Change
2024-12-31 €47.55 Million
≈ $55.60 Million		 -19.72%
2023-12-31 €59.24 Million
≈ $69.26 Million		 +49.40%
2022-12-31 €39.65 Million
≈ $46.36 Million		 -42.72%
2021-12-31 €69.22 Million
≈ $80.93 Million		 +313.61%
2020-12-31 €-32.41 Million
≈ $-37.89 Million		 -841.76%
2019-12-31 €-3.44 Million
≈ $-4.02 Million		 -249.80%
2018-12-31 €2.30 Million
≈ $2.69 Million		 -85.27%
2017-12-31 €15.59 Million
≈ $18.23 Million		 --

Equity Component Analysis

This analysis shows how different components contribute to Forsee Power SAS'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 238500000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Common Stock €7.17 Million 15.09%
Other Comprehensive Income €-25.92 Million -54.51%
Other Components €78.38 Million 164.81%
Total Equity €47.55 Million 100.00%

Forsee Power SAS Competitors by Market Cap

The table below lists competitors of Forsee Power SAS ranked by their market capitalization.

Company Market Cap
Barunson Co. Ltd
KQ:018700
 $30.35 Million
Griñó Ecologic S.A
MC:GRI
 $30.37 Million
Shinfox Energy Co Ltd
TW:6806
 $30.37 Million
AfroCentric Investment Corp
JSE:ACT
 $30.38 Million
Zaklad Budowy Maszyn ZREMB-CHOJNICE S.A.
WAR:ZRE
 $30.32 Million
Landis Taipei Hotel Co Ltd
TWO:5703
 $30.32 Million
KH Group Oyj
HE:KHG
 $30.32 Million
Klondike Gold Corp
V:KG
 $30.30 Million

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 59,238,000 to 47,554,000, a change of -11,684,000 (-19.7%).
  • Net loss of 12,074,000 reduced equity.
  • Other comprehensive income increased equity by 71,264,000.
  • Other factors decreased equity by 70,874,000.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income €-12.07 Million -25.39%
Other Comprehensive Income €71.26 Million +149.86%
Other Changes €-70.87 Million -149.04%
Total Change €- -19.72%

Book Value vs Market Value Analysis

This analysis compares Forsee Power SAS'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: 0.40x
  • 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 0.91x to 0.40x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2017-12-31 €0.29 €0.27 x
2018-12-31 €0.04 €0.27 x
2019-12-31 €-0.06 €0.27 x
2020-12-31 €-0.61 €0.27 x
2021-12-31 €1.30 €0.27 x
2022-12-31 €0.74 €0.27 x
2023-12-31 €0.91 €0.27 x
2024-12-31 €0.67 €0.27 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Forsee Power SAS 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): -25.39%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -7.96%
  • • Asset Turnover: 0.90x
  • • Equity Multiplier: 3.56x
  • Recent ROE (-25.39%) is above the historical average (-164.05%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2017 -92.73% -81.35% 0.44x 2.57x €-16.02 Million
2018 -1009.88% -100.17% 0.41x 24.61x €-23.43 Million
2019 0.00% -52.34% 0.67x 0.00x €-26.00 Million
2020 0.00% -48.44% 0.66x 0.00x €-26.82 Million
2021 -55.03% -52.60% 0.43x 2.41x €-45.02 Million
2022 -82.14% -29.34% 0.76x 3.70x €-36.53 Million
2023 -47.20% -16.33% 0.91x 3.16x €-33.89 Million
2024 -25.39% -7.96% 0.90x 3.56x €-16.83 Million

Industry Comparison

This section compares Forsee Power SAS's net assets metrics with peer companies in the Auto Parts industry.

Industry Context

  • Industry: Auto Parts
  • Average net assets among peers: $840,481,571
  • Average return on equity (ROE) among peers: 4.81%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Forsee Power SAS (FORSE) €53.23 Million -92.73% 2.10x $30.35 Million
Akwel SA (AKW) $225.93 Million 14.88% 1.17x $191.12 Million
Delfingen (ALDEL) $76.05 Million 11.22% 1.69x $77.22 Million
Burelle SA (BUR) $1.41 Billion 10.67% 2.03x $736.23 Million
Valeo SA (FR) $2.08 Billion 20.53% 3.12x $2.82 Billion
Forvia SE (FRVIA) $1.54 Billion -11.85% 3.57x $1.77 Billion
OPmobility SE (OPM) $349.23 Million 10.07% 2.77x $1.97 Billion
Plastiques du Val de Loire (PVL) $206.21 Million -21.87% 2.48x $44.58 Million

About Forsee Power SAS

PA:FORSE France Auto Parts
Market Cap
$36.44 Million
€31.17 Million EUR
Market Cap Rank
#23846 Global
#376 in France
Share Price
€0.27
Change (1 day)
-2.02%
52-Week Range
€0.24 - €0.35
All Time High
€7.25
Categories
Companies in France Auto Parts
About

Forsee Power S.A., together with its subsidiaries, designs, manufactures, and sells battery systems for electromobility in France, res of Europe, Asia, the United States, and internationally. It operates in two segments, Heavy Vehicles, and Light Vehicles and Industrial Tech. The company offers lithium-ion batteries and power conversion and charging systems. Its products are used in the field of … Read more