Lacroix Group SA
LACROIX Group SA engages in the conception and supply of electronic equipment and industrial IoT solutions in France, Germany, the United States, Poland, and Tunisia. It operates through two segments, LACROIX Electronics and LACROIX Environment. The company designs and manufactures industrial IoT solutions comprising hardware equipment, embedded software, and cloud services; and electronic equipm… Read more
Lacroix Group SA (LACR) - Net Assets
Latest net assets as of June 2025: €114.18 Million EUR
Based on the latest financial reports, Lacroix Group SA (LACR) has net assets worth €114.18 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 (€455.78 Million) and total liabilities (€341.60 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 | €114.18 Million |
| % of Total Assets | 25.05% |
| Annual Growth Rate | 6.7% |
| 5-Year Change | 30.0% |
| 10-Year Change | 42.03% |
| Growth Volatility | 20.68 |
Lacroix Group SA - Net Assets Trend (2004–2024)
This chart illustrates how Lacroix Group 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 Lacroix Group SA (2004–2024)
The table below shows the annual net assets of Lacroix Group SA from 2004 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-09-30 | €140.38 Million | -26.14% |
| 2023-09-30 | €190.06 Million | -1.97% |
| 2022-09-30 | €193.88 Million | +7.49% |
| 2021-09-30 | €180.38 Million | +67.04% |
| 2020-09-30 | €107.99 Million | +4.64% |
| 2019-09-30 | €103.20 Million | +2.77% |
| 2018-09-30 | €100.42 Million | +7.10% |
| 2017-09-30 | €93.76 Million | +8.81% |
| 2016-09-30 | €86.17 Million | -12.82% |
| 2015-09-30 | €98.84 Million | -2.64% |
| 2014-09-30 | €101.52 Million | +6.41% |
| 2013-09-30 | €95.40 Million | +2.48% |
| 2012-09-30 | €93.09 Million | +4.62% |
| 2011-09-30 | €88.98 Million | +6.30% |
| 2010-09-30 | €83.70 Million | -0.57% |
| 2009-09-30 | €84.18 Million | -9.37% |
| 2008-09-30 | €92.89 Million | +16.87% |
| 2007-09-30 | €79.48 Million | +16.73% |
| 2006-09-30 | €68.09 Million | +11.33% |
| 2005-09-30 | €61.16 Million | +59.26% |
| 2004-09-30 | €38.40 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Lacroix Group 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 594.7% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (September 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | €32.05 Million | 23.51% |
| Other Components | €138.03 Million | 101.25% |
| Total Equity | €136.32 Million | 100.00% |
Lacroix Group SA Competitors by Market Cap
The table below lists competitors of Lacroix Group SA ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
GeneFerm Biotechnology Co Ltd
TWO:1796
|
$24.30 Million |
|
LeadDesk Oyj
HE:LEADD
|
$24.30 Million |
|
Sempio Foods
KO:007540
|
$24.32 Million |
|
Bwe Drilling Ltd
AU:BWE
|
$24.32 Million |
|
Dusk Group Limited
F:6EA
|
$24.30 Million |
|
446540
KQ:446540
|
$24.30 Million |
|
Youngbo Chem
KO:014440
|
$24.29 Million |
|
BIOREM Inc
PINK:BIRMF
|
$24.28 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Lacroix Group SA's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 177,915,000 to 136,322,000, a change of -41,593,000 (-23.4%).
- Net loss of 33,764,000 reduced equity.
- Dividend payments of 3,732,000 reduced retained earnings.
- Other comprehensive income decreased equity by 106,215,000.
- Other factors increased equity by 102,118,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-33.76 Million | -24.77% |
| Dividends Paid | €3.73 Million | -2.74% |
| Other Comprehensive Income | €-106.22 Million | -77.91% |
| Other Changes | €102.12 Million | +74.91% |
| Total Change | €- | -23.38% |
Book Value vs Market Value Analysis
This analysis compares Lacroix Group 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: 0.48x
- 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 1.38x to 0.48x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2004-09-30 | €10.17 | €14.05 | x |
| 2005-09-30 | €16.05 | €14.05 | x |
| 2006-09-30 | €18.02 | €14.05 | x |
| 2007-09-30 | €20.77 | €14.05 | x |
| 2008-09-30 | €23.20 | €14.05 | x |
| 2009-09-30 | €21.82 | €14.05 | x |
| 2010-09-30 | €21.96 | €14.05 | x |
| 2011-09-30 | €23.82 | €14.05 | x |
| 2012-09-30 | €24.88 | €14.05 | x |
| 2013-09-30 | €25.40 | €14.05 | x |
| 2014-09-30 | €27.27 | €14.05 | x |
| 2015-09-30 | €26.41 | €14.05 | x |
| 2016-09-30 | €23.61 | €14.05 | x |
| 2017-09-30 | €25.29 | €14.05 | x |
| 2018-09-30 | €27.13 | €14.05 | x |
| 2019-09-30 | €26.23 | €14.05 | x |
| 2020-09-30 | €26.28 | €14.05 | x |
| 2021-09-30 | €32.92 | €14.05 | x |
| 2022-09-30 | €37.12 | €14.05 | x |
| 2023-09-30 | €37.80 | €14.05 | x |
| 2024-09-30 | €29.12 | €14.05 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Lacroix Group 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): -24.77%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -5.31%
- • Asset Turnover: 1.18x
- • Equity Multiplier: 3.94x
- Recent ROE (-24.77%) is below the historical average (6.14%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | 17.82% | 4.13% | 1.36x | 3.17x | €2.99 Million |
| 2005 | 7.82% | 2.58% | 1.21x | 2.50x | €-1.32 Million |
| 2006 | 14.55% | 4.90% | 1.14x | 2.61x | €3.06 Million |
| 2007 | 16.32% | 5.65% | 1.24x | 2.32x | €5.00 Million |
| 2008 | 13.10% | 4.74% | 1.14x | 2.42x | €2.77 Million |
| 2009 | 0.35% | 0.12% | 1.30x | 2.20x | €-8.07 Million |
| 2010 | 0.85% | 0.27% | 1.29x | 2.47x | €-7.60 Million |
| 2011 | 9.49% | 2.77% | 1.45x | 2.36x | €-455.00K |
| 2012 | 6.32% | 1.80% | 1.47x | 2.38x | €-3.41 Million |
| 2013 | 5.07% | 1.46% | 1.40x | 2.48x | €-4.68 Million |
| 2014 | 8.79% | 2.50% | 1.43x | 2.47x | €-1.22 Million |
| 2015 | 1.00% | 0.25% | 1.47x | 2.73x | €-8.86 Million |
| 2016 | -10.28% | -2.06% | 1.71x | 2.92x | €-17.41 Million |
| 2017 | 8.59% | 1.82% | 1.60x | 2.95x | €-1.32 Million |
| 2018 | 8.22% | 1.76% | 1.60x | 2.92x | €-1.78 Million |
| 2019 | 11.01% | 2.20% | 1.47x | 3.39x | €978.00K |
| 2020 | 11.38% | 1.94% | 1.51x | 3.87x | €1.33 Million |
| 2021 | 14.03% | 4.31% | 0.92x | 3.53x | €6.20 Million |
| 2022 | 6.82% | 1.68% | 1.20x | 3.40x | €-5.54 Million |
| 2023 | 2.40% | 0.56% | 1.25x | 3.41x | €-13.52 Million |
| 2024 | -24.77% | -5.31% | 1.18x | 3.94x | €-47.40 Million |
Industry Comparison
This section compares Lacroix Group SA's net assets metrics with peer companies in the Scientific & Technical Instruments industry.
Industry Context
- Industry: Scientific & Technical Instruments
- Average net assets among peers: $5,074,483
- Average return on equity (ROE) among peers: -1.80%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Lacroix Group SA (LACR) | €114.18 Million | 17.82% | 2.99x | $24.30 Million |
| Groupe Tera SA (ALGTR) | $1.98 Million | -9.59% | 7.03x | $11.10 Million |
| Neotion SA (ALNEO) | $-3.85 Million | 0.00% | 0.00x | $1.07 Million |
| NSE SA (ALNSE) | $20.34 Million | 0.36% | 1.73x | $16.39 Million |
| Made SA (MLMAD) | $1.82 Million | 2.03% | 0.58x | $110.29K |