North Atlantic Energies
North Atlantic Energies, distributes, and markets oil products in France and internationally. It offers gas, gasoline, kerosene, diesel, domestic fuel oils, and heavy fuel oils; base oils, white oils, paraffins, and finished lubricants; and aviation and marine fuels under the Esso and Mobil brand names. Its products are used in automotive, industrial and marine applications. The company also oper… Read more
North Atlantic Energies (NAE) - Net Assets
Latest net assets as of June 2025: €1.48 Billion EUR
Based on the latest financial reports, North Atlantic Energies (NAE) has net assets worth €1.48 Billion EUR as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€4.23 Billion) and total liabilities (€2.75 Billion). 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 | €1.48 Billion |
| % of Total Assets | 35.0% |
| Annual Growth Rate | 2.29% |
| 5-Year Change | 1227.18% |
| 10-Year Change | 209.79% |
| Growth Volatility | 92.77 |
North Atlantic Energies - Net Assets Trend (2005–2024)
This chart illustrates how North Atlantic Energies's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for North Atlantic Energies (2005–2024)
The table below shows the annual net assets of North Atlantic Energies from 2005 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €2.25 Billion | -3.97% |
| 2023-12-31 | €2.34 Billion | +32.01% |
| 2022-12-31 | €1.78 Billion | +118.21% |
| 2021-12-31 | €813.70 Million | +379.78% |
| 2020-12-31 | €169.60 Million | -81.70% |
| 2019-12-31 | €926.60 Million | -11.28% |
| 2018-12-31 | €1.04 Billion | -10.40% |
| 2017-12-31 | €1.17 Billion | +20.61% |
| 2016-12-31 | €966.40 Million | +33.00% |
| 2015-12-31 | €726.60 Million | +44.31% |
| 2014-12-31 | €503.50 Million | -56.48% |
| 2013-12-31 | €1.16 Billion | -28.62% |
| 2012-12-31 | €1.62 Billion | +1.58% |
| 2011-12-31 | €1.60 Billion | -1.04% |
| 2010-12-31 | €1.61 Billion | +3.58% |
| 2009-12-31 | €1.56 Billion | -0.70% |
| 2008-12-31 | €1.57 Billion | -12.93% |
| 2007-12-31 | €1.80 Billion | +12.82% |
| 2006-12-31 | €1.60 Billion | +8.97% |
| 2005-12-31 | €1.46 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to North Atlantic Energies'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 71.3% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €106.50 Million | 4.73% |
| Common Stock | €98.40 Million | 4.37% |
| Other Comprehensive Income | €2.04 Billion | 90.45% |
| Other Components | €10.10 Million | 0.45% |
| Total Equity | €2.25 Billion | 100.00% |
North Atlantic Energies Competitors by Market Cap
The table below lists competitors of North Atlantic Energies ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
China Renaissance Holdings Limited
PINK:CSCHF
|
$118.19 Million |
|
Sun Yad Construction Co Ltd
TW:1316
|
$118.24 Million |
|
SBB Tech Co Ltd
KQ:389500
|
$118.25 Million |
|
Jtekt India Limited
NSE:JTEKTINDIA
|
$118.27 Million |
|
Lemtech Holdings Co Ltd
TW:4912
|
$118.15 Million |
|
Dynacor Gold Mines Inc.
PINK:DNGDF
|
$118.15 Million |
|
DUKSAN TECHOPIA Co.Ltd
KQ:317330
|
$118.15 Million |
|
PT Bank SMBC Indonesia Tbk
JK:BTPN
|
$118.13 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in North Atlantic Energies's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,344,000,000 to 2,250,900,000, a change of -93,100,000 (-4.0%).
- Net income of 106,500,000 contributed positively to equity growth.
- Dividend payments of 192,800,000 reduced retained earnings.
- Other comprehensive income increased equity by 476,900,000.
- Other factors decreased equity by 483,700,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €106.50 Million | +4.73% |
| Dividends Paid | €192.80 Million | -8.57% |
| Other Comprehensive Income | €476.90 Million | +21.19% |
| Other Changes | €-483.70 Million | -21.49% |
| Total Change | €- | -3.97% |
Book Value vs Market Value Analysis
This analysis compares North Atlantic Energies'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: 0.30x
- 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 0.46x to 0.30x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-12-31 | €113.42 | €52.35 | x |
| 2006-12-31 | €124.17 | €52.35 | x |
| 2007-12-31 | €140.03 | €52.35 | x |
| 2008-12-31 | €122.10 | €52.35 | x |
| 2009-12-31 | €121.13 | €52.35 | x |
| 2010-12-31 | €125.41 | €52.35 | x |
| 2011-12-31 | €124.13 | €52.35 | x |
| 2012-12-31 | €126.10 | €52.35 | x |
| 2013-12-31 | €90.01 | €52.35 | x |
| 2014-12-31 | €39.17 | €52.35 | x |
| 2015-12-31 | €56.52 | €52.35 | x |
| 2016-12-31 | €75.18 | €52.35 | x |
| 2017-12-31 | €90.68 | €52.35 | x |
| 2018-12-31 | €81.25 | €52.35 | x |
| 2019-12-31 | €72.08 | €52.35 | x |
| 2020-12-31 | €13.19 | €52.35 | x |
| 2021-12-31 | €63.30 | €52.35 | x |
| 2022-12-31 | €138.13 | €52.35 | x |
| 2023-12-31 | €182.35 | €52.35 | x |
| 2024-12-31 | €175.10 | €52.35 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently North Atlantic Energies 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): 4.73%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.59%
- • Asset Turnover: 3.97x
- • Equity Multiplier: 2.01x
- Recent ROE (4.73%) is above the historical average (-13.07%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 25.41% | 3.23% | 3.23x | 2.43x | €224.75 Million |
| 2006 | 14.52% | 1.88% | 3.65x | 2.11x | €72.13 Million |
| 2007 | 22.15% | 3.16% | 3.37x | 2.08x | €218.77 Million |
| 2008 | -2.54% | -0.27% | 4.51x | 2.10x | €-196.56 Million |
| 2009 | 5.76% | 0.88% | 2.97x | 2.19x | €-65.97 Million |
| 2010 | 9.15% | 1.17% | 3.41x | 2.30x | €-13.64 Million |
| 2011 | 2.91% | 0.29% | 3.84x | 2.60x | €-113.17 Million |
| 2012 | 3.90% | 0.36% | 4.56x | 2.39x | €-98.89 Million |
| 2013 | -9.46% | -0.67% | 4.12x | 3.42x | €-225.20 Million |
| 2014 | -87.83% | -2.82% | 4.63x | 6.72x | €-492.55 Million |
| 2015 | 13.72% | 0.80% | 4.39x | 3.89x | €27.04 Million |
| 2016 | 28.60% | 2.48% | 3.22x | 3.59x | €179.76 Million |
| 2017 | 13.60% | 1.21% | 3.62x | 3.11x | €41.94 Million |
| 2018 | -12.13% | -0.85% | 4.13x | 3.45x | €-231.14 Million |
| 2019 | 2.49% | 0.16% | 3.60x | 4.43x | €-69.56 Million |
| 2020 | -436.26% | -7.13% | 3.63x | 16.86x | €-756.86 Million |
| 2021 | 70.41% | 3.75% | 3.72x | 5.05x | €491.53 Million |
| 2022 | 40.50% | 2.88% | 5.33x | 2.64x | €541.64 Million |
| 2023 | 28.86% | 3.52% | 4.06x | 2.02x | €442.10 Million |
| 2024 | 4.73% | 0.59% | 3.97x | 2.01x | €-118.59 Million |
Industry Comparison
This section compares North Atlantic Energies's net assets metrics with peer companies in the Oil & Gas Refining & Marketing industry.
Industry Context
- Industry: Oil & Gas Refining & Marketing
- Average net assets among peers: $600,741,698
- Average return on equity (ROE) among peers: -1.71%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| North Atlantic Energies (NAE) | €1.48 Billion | 25.41% | 1.86x | $118.17 Million |
| Ecoslops SA (ALESA) | $5.04 Million | -61.58% | 4.33x | $4.41 Million |
| Les Docks des Pétroles d'Ambès -SA (DPAM) | $13.97 Million | 30.75% | 3.89x | $11.35 Million |
| Esso S.A.F. (ES) | $726.60 Million | 13.72% | 2.89x | $94.10 Million |
| Rubis SCA (RUI) | $1.66 Billion | 10.25% | 1.13x | $2.68 Billion |