Novatech Industries SA
Novatech Industries engages in the research and development of electronic and mechanical design works in Europe. The company also manufactures box build products; and medical, power, geolocation, and household goods. Novatech Industries was incorporated in 1998 and is based in Lannion, France.
Novatech Industries SA (MLNOV) - Net Assets
Latest net assets as of : €- EUR
Based on the latest financial reports, Novatech Industries SA (MLNOV) has net assets worth €- EUR as of .
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€-) and total liabilities (€-). 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 | €- |
| % of Total Assets | 0% |
| Annual Growth Rate | 8.23% |
| 5-Year Change | 36.84% |
| 10-Year Change | 65.74% |
| Growth Volatility | 110.32 |
Novatech Industries SA - Net Assets Trend (1999–2024)
This chart illustrates how Novatech Industries 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 Novatech Industries SA (1999–2024)
The table below shows the annual net assets of Novatech Industries SA from 1999 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €11.57 Million | -7.42% |
| 2023-12-31 | €12.50 Million | +28.47% |
| 2022-12-31 | €9.73 Million | -10.74% |
| 2021-12-31 | €10.90 Million | +28.89% |
| 2020-12-31 | €8.45 Million | +34.84% |
| 2018-12-31 | €6.27 Million | -23.44% |
| 2017-12-31 | €8.19 Million | +11.28% |
| 2016-12-31 | €7.36 Million | +14.82% |
| 2015-12-31 | €6.41 Million | -8.17% |
| 2014-12-31 | €6.98 Million | -3.99% |
| 2013-12-31 | €7.27 Million | -9.58% |
| 2012-12-31 | €8.04 Million | -42.57% |
| 2011-12-31 | €14.00 Million | -25.13% |
| 2010-12-31 | €18.70 Million | +2.75% |
| 2009-12-31 | €18.20 Million | +20.29% |
| 2008-12-31 | €15.13 Million | +25.46% |
| 2007-12-31 | €12.06 Million | +488.29% |
| 2001-12-31 | €2.05 Million | -6.39% |
| 2000-12-31 | €2.19 Million | +36.88% |
| 1999-12-31 | €1.60 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Novatech Industries 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 67.1% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €303.00K | 2.86% |
| Common Stock | €2.02 Million | 19.09% |
| Other Comprehensive Income | €8.35 Million | 78.88% |
| Total Equity | €10.59 Million | 100.00% |
Novatech Industries SA Competitors by Market Cap
The table below lists competitors of Novatech Industries SA ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
ZINNWALD LITHIUM LS -01
F:7WW
|
$20.13 Million |
|
KCI Limited
KQ:036670
|
$20.13 Million |
|
T7 Global Bhd
KLSE:7228
|
$20.14 Million |
|
Hyungji Elite
KO:093240
|
$20.14 Million |
|
Neo Cremar Co. Ltd
KQ:311390
|
$20.12 Million |
|
Schlatter Industries AG
SW:STRN
|
$20.12 Million |
|
Artmarket.com SA
PA:PRC
|
$20.11 Million |
|
Tienlen Steel Corp JSC
VN:TLH
|
$20.11 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Novatech Industries SA's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 11,423,051 to 10,586,000, a change of -837,051 (-7.3%).
- Net income of 303,000 contributed positively to equity growth.
- Other comprehensive income increased equity by 1,657,309.
- Other factors decreased equity by 2,797,360.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €303.00K | +2.86% |
| Other Comprehensive Income | €1.66 Million | +15.66% |
| Other Changes | €-2.80 Million | -26.43% |
| Total Change | €- | -7.33% |
Book Value vs Market Value Analysis
This analysis compares Novatech Industries 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: 1.77x
- 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 11.62x to 1.77x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1999-12-31 | €1.60 | €18.60 | x |
| 2000-12-31 | €2.20 | €18.60 | x |
| 2001-12-31 | €2.05 | €18.60 | x |
| 2007-12-31 | €12.05 | €18.60 | x |
| 2008-12-31 | €15.13 | €18.60 | x |
| 2009-12-31 | €18.20 | €18.60 | x |
| 2010-12-31 | €18.70 | €18.60 | x |
| 2011-12-31 | €14.01 | €18.60 | x |
| 2012-12-31 | €8.04 | €18.60 | x |
| 2014-12-31 | €6.98 | €18.60 | x |
| 2015-12-31 | €6.41 | €18.60 | x |
| 2016-12-31 | €7.35 | €18.60 | x |
| 2017-12-31 | €8.19 | €18.60 | x |
| 2018-12-31 | €6.26 | €18.60 | x |
| 2020-12-31 | €7.55 | €18.60 | x |
| 2021-12-31 | €9.94 | €18.60 | x |
| 2022-12-31 | €8.88 | €18.60 | x |
| 2023-12-31 | €11.30 | €18.60 | x |
| 2024-12-31 | €10.48 | €18.60 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Novatech Industries 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): 2.86%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.48%
- • Asset Turnover: 1.07x
- • Equity Multiplier: 5.57x
- Recent ROE (2.86%) is below the historical average (3.20%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1999 | 62.50% | 7.94% | 1.57x | 5.02x | €840.00K |
| 2000 | 36.36% | 6.30% | 1.28x | 4.50x | €580.00K |
| 2001 | -4.88% | -0.79% | 1.64x | 3.74x | €-305.00K |
| 2007 | 3.32% | 0.64% | 1.77x | 2.92x | €-805.00K |
| 2008 | 21.15% | 4.00% | 1.30x | 4.07x | €1.69 Million |
| 2009 | 21.98% | 3.77% | 2.10x | 2.77x | €2.18 Million |
| 2010 | 10.16% | 2.16% | 1.88x | 2.51x | €30.00K |
| 2011 | -34.26% | -7.44% | 1.82x | 2.53x | €-6.20 Million |
| 2012 | -73.38% | -9.95% | 2.24x | 3.30x | €-6.70 Million |
| 2014 | -4.30% | -1.05% | 1.45x | 2.83x | €-998.00K |
| 2015 | -10.92% | -1.60% | 2.36x | 2.89x | €-1.34 Million |
| 2016 | 13.61% | 2.35% | 2.18x | 2.66x | €265.00K |
| 2017 | 10.99% | 2.32% | 1.73x | 2.73x | €81.00K |
| 2018 | -33.55% | -5.75% | 1.32x | 4.42x | €-2.73 Million |
| 2020 | 1.13% | 0.16% | 1.49x | 4.65x | €-688.13K |
| 2021 | 23.59% | 4.37% | 1.33x | 4.04x | €1.37 Million |
| 2022 | -5.43% | -0.88% | 1.05x | 5.87x | €-1.38 Million |
| 2023 | 19.93% | 3.20% | 1.14x | 5.45x | €1.13 Million |
| 2024 | 2.86% | 0.48% | 1.07x | 5.57x | €-755.60K |
Industry Comparison
This section compares Novatech Industries SA's net assets metrics with peer companies in the Electronic Components industry.
Industry Context
- Industry: Electronic Components
- Average net assets among peers: $9,867,387
- Average return on equity (ROE) among peers: -3.79%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Novatech Industries SA (MLNOV) | €- | 62.50% | N/A | $20.12 Million |
| Cofidur SA (ALCOF) | $26.14 Million | 2.75% | 1.08x | $3.11 Million |
| Egide S.A. (ALGID) | $6.99 Million | -19.72% | 1.26x | $16.80 Million |
| Icape Holding (ALICA) | $2.30 Million | 67.87% | 29.87x | $12.67 Million |
| Roctool (ALROC) | $4.05 Million | -66.08% | 0.99x | $4.69 Million |