Haulotte Group SA
Haulotte Group SA, through its subsidiaries, designs, manufactures, and distributes people and material lifting equipment in France and internationally. Its products include people lifting equipment comprising push-arounds, vertical masts, scissor lifts, articulating and telescopic booms, trailer mounted booms, and lightweight self-propelled booms; military vehicles; and refurbished and second ha… Read more
Haulotte Group SA (PIG) - Net Assets
Latest net assets as of June 2025: €163.01 Million EUR
Based on the latest financial reports, Haulotte Group SA (PIG) has net assets worth €163.01 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 (€567.56 Million) and total liabilities (€404.55 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 | €163.01 Million |
| % of Total Assets | 28.72% |
| Annual Growth Rate | 1.11% |
| 5-Year Change | -5.95% |
| 10-Year Change | -7.02% |
| Growth Volatility | 25.34 |
Haulotte Group SA - Net Assets Trend (2002–2024)
This chart illustrates how Haulotte 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 Haulotte Group SA (2002–2024)
The table below shows the annual net assets of Haulotte Group SA from 2002 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €205.55 Million | +10.99% |
| 2023-12-31 | €185.20 Million | -6.85% |
| 2022-12-31 | €198.82 Million | -11.27% |
| 2021-12-31 | €224.06 Million | +2.52% |
| 2020-12-31 | €218.55 Million | -17.32% |
| 2019-12-31 | €264.35 Million | +2.86% |
| 2018-12-31 | €256.99 Million | +7.83% |
| 2017-12-31 | €238.32 Million | +0.71% |
| 2016-12-31 | €236.63 Million | +7.04% |
| 2015-12-31 | €221.08 Million | +12.66% |
| 2014-12-31 | €196.23 Million | +14.20% |
| 2013-12-31 | €171.82 Million | -50.37% |
| 2012-12-31 | €346.22 Million | +91.58% |
| 2011-12-31 | €180.72 Million | -2.69% |
| 2010-12-31 | €185.72 Million | -17.58% |
| 2009-12-31 | €225.33 Million | -21.48% |
| 2008-12-31 | €286.97 Million | -9.34% |
| 2007-12-31 | €316.52 Million | +16.49% |
| 2006-12-31 | €271.71 Million | +26.11% |
| 2005-12-31 | €215.46 Million | +23.35% |
| 2004-12-31 | €174.68 Million | +10.39% |
| 2003-12-31 | €158.24 Million | -1.76% |
| 2002-12-31 | €161.07 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Haulotte 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 grown by 1508200000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €15.08 Million | 7.33% |
| Common Stock | €4.08 Million | 1.98% |
| Other Comprehensive Income | €197.73 Million | 96.08% |
| Total Equity | €205.79 Million | 100.00% |
Haulotte Group SA Competitors by Market Cap
The table below lists competitors of Haulotte Group SA ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Multicampus Corporation
KQ:067280
|
$25.32 Million |
|
Turker Proje Gayrimenkul Ve Yatirim Gelistirme AS
IS:TURGG
|
$25.32 Million |
|
Cuulong Fish JSC
VN:ACL
|
$25.35 Million |
|
Ascelia Pharma AB (publ)
ST:ACE
|
$25.35 Million |
|
ATA Creativity Global
NASDAQ:AACG
|
$25.30 Million |
|
Thai Optical Group Public Company Limited
BK:TOG
|
$25.30 Million |
|
Allergy Therapeutics plc
PINK:AGYTF
|
$25.30 Million |
|
KSP Co. Ltd.
KQ:073010
|
$25.30 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Haulotte Group SA's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 185,485,000 to 205,792,000, a change of 20,307,000 (10.9%).
- Net income of 15,085,000 contributed positively to equity growth.
- Share repurchases of 44,000 reduced equity.
- Other comprehensive income increased equity by 5,411,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €15.09 Million | +7.33% |
| Share Repurchases | €44.00K | -0.02% |
| Other Comprehensive Income | €5.41 Million | +2.63% |
| Other Changes | €-145.00K | -0.07% |
| Total Change | €- | 10.95% |
Book Value vs Market Value Analysis
This analysis compares Haulotte 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: 0.33x
- 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 0.33x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2002-12-31 | €4.71 | €2.17 | x |
| 2003-12-31 | €4.62 | €2.17 | x |
| 2004-12-31 | €5.09 | €2.17 | x |
| 2005-12-31 | €6.29 | €2.17 | x |
| 2006-12-31 | €7.91 | €2.17 | x |
| 2007-12-31 | €9.39 | €2.17 | x |
| 2008-12-31 | €9.75 | €2.17 | x |
| 2009-12-31 | €7.66 | €2.17 | x |
| 2010-12-31 | €6.32 | €2.17 | x |
| 2011-12-31 | €6.16 | €2.17 | x |
| 2012-12-31 | €11.80 | €2.17 | x |
| 2013-12-31 | €5.86 | €2.17 | x |
| 2014-12-31 | €6.70 | €2.17 | x |
| 2015-12-31 | €7.52 | €2.17 | x |
| 2016-12-31 | €8.02 | €2.17 | x |
| 2017-12-31 | €8.07 | €2.17 | x |
| 2018-12-31 | €8.71 | €2.17 | x |
| 2019-12-31 | €8.97 | €2.17 | x |
| 2020-12-31 | €7.41 | €2.17 | x |
| 2021-12-31 | €7.60 | €2.17 | x |
| 2022-12-31 | €6.75 | €2.17 | x |
| 2023-12-31 | €6.30 | €2.17 | x |
| 2024-12-31 | €6.56 | €2.17 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Haulotte 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): 7.33%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.36%
- • Asset Turnover: 1.06x
- • Equity Multiplier: 2.93x
- Recent ROE (7.33%) is above the historical average (3.82%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 7.13% | 5.71% | 0.76x | 1.64x | €-4.62 Million |
| 2003 | 1.94% | 1.38% | 0.82x | 1.70x | €-12.72 Million |
| 2004 | 5.19% | 3.37% | 0.58x | 2.67x | €-8.37 Million |
| 2005 | 21.42% | 11.85% | 0.73x | 2.48x | €24.49 Million |
| 2006 | 22.30% | 11.64% | 0.88x | 2.19x | €33.35 Million |
| 2007 | 22.53% | 10.98% | 0.99x | 2.08x | €39.58 Million |
| 2008 | 11.14% | 7.08% | 0.69x | 2.27x | €3.28 Million |
| 2009 | -24.75% | -27.56% | 0.37x | 2.43x | €-78.19 Million |
| 2010 | -22.74% | -16.89% | 0.57x | 2.36x | €-60.79 Million |
| 2011 | -4.96% | -2.93% | 0.70x | 2.43x | €-27.07 Million |
| 2012 | -2.07% | -2.02% | 0.95x | 1.08x | €-41.83 Million |
| 2013 | 0.63% | 0.32% | 1.12x | 1.78x | €-16.14 Million |
| 2014 | 14.73% | 7.02% | 1.09x | 1.93x | €9.30 Million |
| 2015 | 12.55% | 6.25% | 1.05x | 1.91x | €5.66 Million |
| 2016 | 9.82% | 5.09% | 1.06x | 1.82x | €-423.00K |
| 2017 | 7.38% | 3.53% | 1.15x | 1.82x | €-6.26 Million |
| 2018 | 6.94% | 3.21% | 1.04x | 2.09x | €-7.87 Million |
| 2019 | 7.33% | 3.18% | 1.04x | 2.21x | €-7.05 Million |
| 2020 | -11.90% | -5.94% | 0.85x | 2.37x | €-47.95 Million |
| 2021 | 3.54% | 1.60% | 0.85x | 2.60x | €-14.49 Million |
| 2022 | -7.67% | -2.51% | 0.88x | 3.48x | €-35.20 Million |
| 2023 | 0.10% | 0.02% | 1.17x | 3.49x | €-18.36 Million |
| 2024 | 7.33% | 2.36% | 1.06x | 2.93x | €-5.49 Million |
Industry Comparison
This section compares Haulotte Group SA's net assets metrics with peer companies in the Farm & Heavy Construction Machinery industry.
Industry Context
- Industry: Farm & Heavy Construction Machinery
- Average net assets among peers: $399,693,333
- Average return on equity (ROE) among peers: 8.59%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Haulotte Group SA (PIG) | €163.01 Million | 7.13% | 2.48x | $25.32 Million |
| Winfarm (ALWF) | $11.00 Million | 0.97% | 1.71x | $2.74 Million |
| Exel Industries (EXE) | $212.31 Million | 12.30% | 1.02x | $37.97 Million |
| Manitou BF S.A. (MTU) | $975.77 Million | 12.49% | 1.15x | $314.63 Million |