Forsee Power SAS (FORSE) - Net Assets
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 asset resilience ratio to evaluate the company's liquid asset resilience ratio.
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. Also explore Forsee Power SAS total assets for the complete picture of this company's asset base.
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. For live valuation and market cap data, see Forsee Power SAS (FORSE) total market value.
| 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 |
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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 |
|---|---|
|
Griñó Ecologic S.A
MC:GRI
|
$30.37 Million |
|
Heartbeam Inc
NASDAQ:BEAT
|
$30.37 Million |
|
Stampede Drilling Inc
V:SDI
|
$30.37 Million |
|
Atec T& Co. Ltd
KQ:224110
|
$30.39 Million |
|
Is Yatirim Ortakligi AS
IS:ISYAT
|
$30.32 Million |
|
Halcyon Technology Public Company Limited
BK:HTECH
|
$30.30 Million |
|
TBH Global Co Ltd
KO:084870
|
$30.29 Million |
|
JSW Pacific
TWO:5251
|
$30.29 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: $1,343,861,835
- Average return on equity (ROE) among peers: 5.73%
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) | $454.03 Million | 13.46% | 0.78x | $209.70 Million |
| Delfingen (ALDEL) | $24.56 Million | 9.88% | 1.74x | $86.06 Million |
| Burelle SA (BUR) | $532.53 Million | 4.45% | 3.18x | $739.77 Million |
| Valeo SA (FR) | $4.36 Billion | 5.07% | 3.99x | $3.02 Billion |
| Forvia SE (FRVIA) | $1.88 Billion | 8.87% | 3.85x | $2.16 Billion |
| OPmobility SE (OPM) | $2.06 Billion | 6.14% | 2.08x | $2.40 Billion |
| Plastiques du Val de Loire (PVL) | $101.15 Million | -7.75% | 1.08x | $46.78 Million |
About Forsee Power SAS
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