Société des Chemins de Fer et Tramways du Var et du Gard
Société des Chemins de Fer et Tramways du Var et du Gard engages in the management of a securities portfolio and cash investment activites. The company is based in Puteaux, France. Société des Chemins de Fer et Tramways du Var et du Gard is a subsidiary of Bolloré Group.
Société des Chemins de Fer et Tramways du Var et du Gard (MLCVG) - Net Assets
Latest net assets as of June 2024: €19.96 Million EUR
Based on the latest financial reports, Société des Chemins de Fer et Tramways du Var et du Gard (MLCVG) has net assets worth €19.96 Million EUR as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€20.00 Million) and total liabilities (€40.57K). 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 | €19.96 Million |
| % of Total Assets | 99.8% |
| Annual Growth Rate | 5.05% |
| 5-Year Change | 15.11% |
| 10-Year Change | 84.26% |
| Growth Volatility | 11.05 |
Société des Chemins de Fer et Tramways du Var et du Gard - Net Assets Trend (2008–2023)
This chart illustrates how Société des Chemins de Fer et Tramways du Var et du Gard's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Société des Chemins de Fer et Tramways du Var et du Gard (2008–2023)
The table below shows the annual net assets of Société des Chemins de Fer et Tramways du Var et du Gard from 2008 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | €19.05 Million | +5.63% |
| 2022-12-31 | €18.04 Million | +3.88% |
| 2021-12-31 | €17.36 Million | +2.35% |
| 2020-12-31 | €16.96 Million | +2.50% |
| 2019-12-31 | €16.55 Million | +2.53% |
| 2018-12-31 | €16.14 Million | +9.97% |
| 2017-12-31 | €14.68 Million | +11.28% |
| 2016-12-31 | €13.19 Million | +12.16% |
| 2015-12-31 | €11.76 Million | +13.73% |
| 2014-12-31 | €10.34 Million | +15.27% |
| 2013-12-31 | €8.97 Million | +18.65% |
| 2012-12-31 | €7.56 Million | +23.53% |
| 2011-12-31 | €6.12 Million | -8.11% |
| 2010-12-31 | €6.66 Million | -7.88% |
| 2009-12-31 | €7.23 Million | -20.55% |
| 2008-12-31 | €9.10 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Société des Chemins de Fer et Tramways du Var et du Gard'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 116.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €17.40 Million | 91.32% |
| Common Stock | €1.01 Million | 5.28% |
| Other Comprehensive Income | €580.00K | 3.04% |
| Other Components | €67.00K | 0.35% |
| Total Equity | €19.05 Million | 100.00% |
Société des Chemins de Fer et Tramways du Var et du Gard Competitors by Market Cap
The table below lists competitors of Société des Chemins de Fer et Tramways du Var et du Gard ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Jakarta Int Hotels & Dev
JK:JIHD
|
$25.27 Million |
|
Hankuk Steel Wire Co. Ltd
KQ:025550
|
$25.28 Million |
|
STRUCT.MONIT.SYSCDIS
F:RJP
|
$25.29 Million |
|
Chia Her Industrial Co Ltd
TW:1449
|
$25.29 Million |
|
Bangkok Ranch PCL
BK:BR
|
$25.27 Million |
|
ChunLab Inc
KQ:311690
|
$25.25 Million |
|
Lumi Gruppen AS
OL:LUMI
|
$25.24 Million |
|
New Hoong Fatt Holdings Bhd
KLSE:7060
|
$25.23 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Société des Chemins de Fer et Tramways du Var et du Gard's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 18,037,000 to 19,052,000, a change of 1,015,000 (5.6%).
- Net income of 1,707,000 contributed positively to equity growth.
- Other factors decreased equity by 692,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €1.71 Million | +8.96% |
| Other Changes | €-692.00K | -3.63% |
| Total Change | €- | 5.63% |
Book Value vs Market Value Analysis
This analysis compares Société des Chemins de Fer et Tramways du Var et du Gard'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: 34.64x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 69.23x to 34.64x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2008-12-31 | €151.67 | €10500.00 | x |
| 2009-12-31 | €120.50 | €10500.00 | x |
| 2010-12-31 | €111.17 | €10500.00 | x |
| 2011-12-31 | €102.00 | €10500.00 | x |
| 2012-12-31 | €126.17 | €10500.00 | x |
| 2013-12-31 | €149.33 | €10500.00 | x |
| 2014-12-31 | €172.33 | €10500.00 | x |
| 2015-12-31 | €196.00 | €10500.00 | x |
| 2016-12-31 | €219.67 | €10500.00 | x |
| 2017-12-31 | €233.53 | €10500.00 | x |
| 2018-12-31 | €256.85 | €10500.00 | x |
| 2019-12-31 | €263.22 | €10500.00 | x |
| 2020-12-31 | €269.84 | €10500.00 | x |
| 2021-12-31 | €276.29 | €10500.00 | x |
| 2022-12-31 | €286.98 | €10500.00 | x |
| 2023-12-31 | €303.13 | €10500.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Société des Chemins de Fer et Tramways du Var et du Gard 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): 8.96%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.01x
- Recent ROE (8.96%) is below the historical average (13.05%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | 36.48% | 0.00% | 0.00x | 1.00x | €2.41 Million |
| 2009 | 0.14% | 0.00% | 0.00x | 1.00x | €-713.00K |
| 2010 | 1.05% | 0.00% | 0.00x | 1.00x | €-597.00K |
| 2011 | 1.31% | 0.00% | 0.00x | 1.00x | €-532.00K |
| 2012 | 28.27% | 0.00% | 0.00x | 1.00x | €1.38 Million |
| 2013 | 23.33% | 0.00% | 0.00x | 1.00x | €1.19 Million |
| 2014 | 20.02% | 0.00% | 0.00x | 1.00x | €1.04 Million |
| 2015 | 17.94% | 0.00% | 0.00x | 1.00x | €934.00K |
| 2016 | 16.01% | 0.00% | 0.00x | 1.00x | €792.00K |
| 2017 | 14.89% | 99.77% | 0.15x | 1.00x | €718.20K |
| 2018 | 13.35% | 98.36% | 0.14x | 1.00x | €540.80K |
| 2019 | 6.65% | 98.30% | 0.07x | 1.00x | €-554.10K |
| 2020 | 6.51% | 98.57% | 0.07x | 1.00x | €-592.50K |
| 2021 | 6.28% | 0.00% | 0.00x | 1.00x | €-645.40K |
| 2022 | 7.56% | 0.00% | 0.00x | 1.00x | €-439.70K |
| 2023 | 8.96% | 0.00% | 0.00x | 1.01x | €-198.20K |
Industry Comparison
This section compares Société des Chemins de Fer et Tramways du Var et du Gard's net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $942,768,491
- Average return on equity (ROE) among peers: 8.30%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Société des Chemins de Fer et Tramways du Var et du Gard (MLCVG) | €19.96 Million | 36.48% | 0.00x | $25.27 Million |
| ABC arbitrage SA (ABCA) | $83.85 Million | 48.46% | 4.09x | $207.45 Million |
| Audacia SAS (ALAUD) | $13.03 Million | 2.02% | 0.90x | $12.12 Million |
| Compagnie Lebon S.A. (ALBON) | $211.88 Million | 5.65% | 0.58x | $36.50 Million |
| Crypto Blockchain Industries SA (ALCBI) | $666.90K | 22.78% | 0.47x | $6.61 Million |
| Hamilton Global Opportunities PLC (ALHGO) | $13.55 Million | -5.77% | 0.03x | $14.14 Million |
| Antin IP SA (ANTIN) | $499.71 Million | 26.43% | 0.30x | $575.99 Million |
| Compagnie du Cambodge (CBDG) | $7.38 Billion | 0.62% | 0.02x | $65.84 Million |
| Electricite et Eaux de Madagascar SA (EEM) | $68.08 Million | -0.88% | 0.34x | $4.90 Million |
| Transition Evergreen (EGR) | $2.04 Million | -16.80% | 1.82x | $121.15K |
| Financiere Moncey S.A. (FMONC) | $1.15 Billion | 0.50% | 0.01x | $95.66 Million |