Innovative Rfk SpA
Innovative-RFK S.p.A. is a private equity and venture capital firm specializing in startup, emerging growth, and growth capital investments in Small and Medium sized companies. The firm also makes fund of fund investments in private equity funds. It prefers to invest in the biomedical systems, microcredit for SMEs, information technology, high tech sector, and innovative solutions for different i… Read more
Innovative Rfk SpA (MLIRF) - Net Assets
Latest net assets as of December 2022: €15.62 Million EUR
Based on the latest financial reports, Innovative Rfk SpA (MLIRF) has net assets worth €15.62 Million EUR as of December 2022.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€17.55 Million) and total liabilities (€1.93 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 | €15.62 Million |
| % of Total Assets | 88.98% |
| Annual Growth Rate | 26.21% |
| 5-Year Change | 35.33% |
| 10-Year Change | N/A |
| Growth Volatility | 50.71 |
Innovative Rfk SpA - Net Assets Trend (2017–2024)
This chart illustrates how Innovative Rfk SpA's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Innovative Rfk SpA (2017–2024)
The table below shows the annual net assets of Innovative Rfk SpA from 2017 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €13.32 Million | -9.28% |
| 2023-12-31 | €14.68 Million | -5.98% |
| 2022-12-31 | €15.62 Million | +51.49% |
| 2021-12-31 | €10.31 Million | +4.74% |
| 2020-12-31 | €9.84 Million | +6.75% |
| 2019-12-31 | €9.22 Million | +43.57% |
| 2018-12-31 | €6.42 Million | +145.94% |
| 2017-12-31 | €2.61 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Innovative Rfk SpA'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 136468.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €1.16 Million | 8.74% |
| Common Stock | €10.21 Million | 76.63% |
| Other Components | €1.95 Million | 14.64% |
| Total Equity | €13.32 Million | 100.00% |
Innovative Rfk SpA Competitors by Market Cap
The table below lists competitors of Innovative Rfk SpA ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Heungkuk Metaltech Co.Ltd
KQ:010240
|
$19.11 Million |
|
United-Guardian Inc
NASDAQ:UG
|
$19.11 Million |
|
Microcosm Technology Co Ltd
TWO:3354
|
$19.12 Million |
|
Compa Sibiu
RO:CMP
|
$19.12 Million |
|
Waystream Holding AB (publ)
ST:WAYS
|
$19.11 Million |
|
Sinergi Megah Internusa Tbk PT
JK:NUSA
|
$19.10 Million |
|
Thai Kin Co. Ltd
TWO:6629
|
$19.10 Million |
|
Samhyun Steel Co. Ltd
KQ:017480
|
$19.09 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Innovative Rfk SpA's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 14,683,139 to 13,319,829, a change of -1,363,310 (-9.3%).
- Net income of 1,163,563 contributed positively to equity growth.
- Share repurchases of 2,526,873 reduced equity.
- Other comprehensive income decreased equity by 2.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €1.16 Million | +8.74% |
| Share Repurchases | €2.53 Million | -18.97% |
| Other Comprehensive Income | €-2.00 | -0.0% |
| Other Changes | €2.00 | +0.0% |
| Total Change | €- | -9.28% |
Book Value vs Market Value Analysis
This analysis compares Innovative Rfk SpA'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: 1.60x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 5.52x to 1.60x 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 | €0.30 | €1.64 | x |
| 2018-12-31 | €0.73 | €1.64 | x |
| 2019-12-31 | €1.05 | €1.64 | x |
| 2020-12-31 | €1.05 | €1.64 | x |
| 2021-12-31 | €1.05 | €1.64 | x |
| 2022-12-31 | €1.22 | €1.64 | x |
| 2023-12-31 | €1.13 | €1.64 | x |
| 2024-12-31 | €1.02 | €1.64 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Innovative Rfk SpA 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): 8.74%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 455.62%
- • Asset Turnover: 0.02x
- • Equity Multiplier: 1.15x
- Recent ROE (8.74%) is above the historical average (1.14%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 0.03% | 10.65% | 0.00x | 1.10x | €-260.26K |
| 2018 | 0.04% | 16.15% | 0.00x | 1.07x | €-639.42K |
| 2019 | 0.08% | 3.78% | 0.02x | 1.02x | €-914.60K |
| 2020 | -3.06% | -226.38% | 0.01x | 1.15x | €-1.29 Million |
| 2021 | -3.33% | -680.15% | 0.00x | 1.19x | €-1.37 Million |
| 2022 | 12.36% | 1623.98% | 0.01x | 1.12x | €369.06K |
| 2023 | -5.73% | -643.03% | 0.01x | 1.13x | €-2.31 Million |
| 2024 | 8.74% | 455.62% | 0.02x | 1.15x | €-168.42K |
Industry Comparison
This section compares Innovative Rfk SpA'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 |
|---|---|---|---|---|
| Innovative Rfk SpA (MLIRF) | €15.62 Million | 0.03% | 0.12x | $19.11 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 |