Passat Société Anonyme (PSAT) - Net Assets
Based on the latest financial reports, Passat Société Anonyme (PSAT) has net assets worth €41.64 Million EUR (≈ $48.68 Million USD) as of December 2024. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€68.11 Million ≈ $79.63 Million USD) and total liabilities (€26.47 Million ≈ $30.95 Million USD). 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. Check Passat Société Anonyme (PSAT) liquid assets ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €41.64 Million |
| % of Total Assets | 61.13% |
| Annual Growth Rate | 2.04% |
| 5-Year Change | 25.96% |
| 10-Year Change | 30.6% |
| Growth Volatility | 7.74 |
Passat Société Anonyme - Net Assets Trend (2009–2024)
This chart illustrates how Passat Société Anonyme's net assets have evolved over time, based on quarterly financial data. Also explore PSAT asset base for the complete picture of this company's asset base.
Annual Net Assets for Passat Société Anonyme (2009–2024)
The table below shows the annual net assets of Passat Société Anonyme from 2009 to 2024. For live valuation and market cap data, see how much is Passat Société Anonyme worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €41.64 Million ≈ $48.68 Million |
+3.05% |
| 2023-12-31 | €40.41 Million ≈ $47.24 Million |
+4.80% |
| 2022-12-31 | €38.55 Million ≈ $45.07 Million |
+11.72% |
| 2021-12-31 | €34.51 Million ≈ $40.35 Million |
+4.40% |
| 2020-12-31 | €33.06 Million ≈ $38.65 Million |
+4.36% |
| 2019-12-31 | €31.68 Million ≈ $37.03 Million |
+5.95% |
| 2018-12-31 | €29.90 Million ≈ $34.96 Million |
+3.35% |
| 2017-12-31 | €28.93 Million ≈ $33.82 Million |
-8.55% |
| 2016-12-31 | €31.63 Million ≈ $36.98 Million |
-0.78% |
| 2015-12-31 | €31.88 Million ≈ $37.27 Million |
+9.16% |
| 2014-12-31 | €29.21 Million ≈ $34.15 Million |
-0.70% |
| 2013-12-31 | €29.41 Million ≈ $34.39 Million |
+0.38% |
| 2012-12-31 | €29.30 Million ≈ $34.26 Million |
-19.79% |
| 2011-12-31 | €36.53 Million ≈ $42.71 Million |
+6.36% |
| 2010-12-31 | €34.35 Million ≈ $40.16 Million |
+11.68% |
| 2009-12-31 | €30.75 Million ≈ $35.96 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Passat Société Anonyme'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 36.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €38.23 Million | 92.62% |
| Common Stock | €2.10 Million | 5.09% |
| Other Comprehensive Income | €658.00K | 1.59% |
| Other Components | €289.00K | 0.70% |
| Total Equity | €41.28 Million | 100.00% |
Passat Société Anonyme Competitors by Market Cap
The table below lists competitors of Passat Société Anonyme ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
SenzaGen AB
ST:SENZA
|
$17.15 Million |
|
All In! Games S.A.
WAR:ALG
|
$17.15 Million |
|
Huadi International Group Co Ltd
NASDAQ:HUDI
|
$17.16 Million |
|
PCCS Group Bhd
KLSE:6068
|
$17.17 Million |
|
FACILITIES BY ADF LS-01
F:ZC8
|
$17.14 Million |
|
Xilam Animation
PA:XIL
|
$17.14 Million |
|
Active Biotech AB
ST:ACTI
|
$17.13 Million |
|
Mighty Kingdom Ltd
AU:MKL
|
$17.13 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Passat Société Anonyme's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 39,929,000 to 41,282,000, a change of 1,353,000 (3.4%).
- Net income of 1,144,000 contributed positively to equity growth.
- Share repurchases of 103,000 reduced equity.
- Other comprehensive income increased equity by 311,001.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €1.14 Million | +2.77% |
| Share Repurchases | €103.00K | -0.25% |
| Other Comprehensive Income | €311.00K | +0.75% |
| Other Changes | €999.00 | +0.0% |
| Total Change | €- | 3.39% |
Book Value vs Market Value Analysis
This analysis compares Passat Société Anonyme'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: 0.42x
- 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 0.57x to 0.42x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2009-12-31 | €7.59 | €4.36 | x |
| 2010-12-31 | €8.46 | €4.36 | x |
| 2011-12-31 | €9.02 | €4.36 | x |
| 2012-12-31 | €7.26 | €4.36 | x |
| 2013-12-31 | €7.29 | €4.36 | x |
| 2014-12-31 | €7.22 | €4.36 | x |
| 2015-12-31 | €7.86 | €4.36 | x |
| 2016-12-31 | €7.82 | €4.36 | x |
| 2017-12-31 | €7.19 | €4.36 | x |
| 2018-12-31 | €7.39 | €4.36 | x |
| 2019-12-31 | €7.84 | €4.36 | x |
| 2020-12-31 | €8.20 | €4.36 | x |
| 2021-12-31 | €8.55 | €4.36 | x |
| 2022-12-31 | €9.63 | €4.36 | x |
| 2023-12-31 | €10.10 | €4.36 | x |
| 2024-12-31 | €10.50 | €4.36 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Passat Société Anonyme 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): 2.77%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.84%
- • Asset Turnover: 0.92x
- • Equity Multiplier: 1.65x
- Recent ROE (2.77%) is below the historical average (8.64%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2009 | 24.18% | 12.91% | 1.33x | 1.40x | €4.24 Million |
| 2010 | 19.10% | 11.80% | 1.23x | 1.32x | €3.05 Million |
| 2011 | 14.64% | 9.54% | 1.15x | 1.33x | €1.66 Million |
| 2012 | 15.14% | 8.44% | 1.33x | 1.35x | €1.47 Million |
| 2013 | 13.14% | 7.27% | 1.37x | 1.32x | €904.10K |
| 2014 | 2.54% | 1.54% | 1.24x | 1.34x | €-2.13 Million |
| 2015 | 5.61% | 3.67% | 1.17x | 1.31x | €-1.36 Million |
| 2016 | 5.09% | 3.72% | 1.08x | 1.27x | €-1.52 Million |
| 2017 | 4.61% | 3.45% | 1.05x | 1.27x | €-1.53 Million |
| 2018 | 1.99% | 1.71% | 0.94x | 1.25x | €-2.34 Million |
| 2019 | 5.61% | 4.73% | 0.92x | 1.30x | €-1.36 Million |
| 2020 | 6.85% | 6.11% | 0.88x | 1.27x | €-1.02 Million |
| 2021 | 2.27% | 1.92% | 0.87x | 1.36x | €-2.61 Million |
| 2022 | 9.24% | 8.44% | 0.72x | 1.52x | €-288.90K |
| 2023 | 5.50% | 3.44% | 1.02x | 1.57x | €-1.80 Million |
| 2024 | 2.77% | 1.84% | 0.92x | 1.65x | €-2.98 Million |
Industry Comparison
This section compares Passat Société Anonyme's net assets metrics with peer companies in the Specialty Retail industry.
Industry Context
- Industry: Specialty Retail
- Average net assets among peers: $334,499,017
- Average return on equity (ROE) among peers: -1.71%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Passat Société Anonyme (PSAT) | €41.64 Million | 24.18% | 0.64x | $17.14 Million |
| Emova Group SA (ALEMV) | $20.38 Million | 0.88% | 1.88x | $12.88 Million |
| Hydrogen Refueling Solutions (ALHRS) | $67.91 Million | -0.25% | 0.13x | $26.83 Million |
| Hunyvers SA (ALHUN) | $28.57 Million | 6.43% | 2.37x | $27.60 Million |
| Upergy (ALUPG) | $14.53 Million | 4.11% | 1.24x | $8.82 Million |
| Fnac Darty SA (FNAC) | $397.00 Million | -35.69% | 3.35x | $1.03 Billion |
| BEBO Health SA (MLBBO) | $8.04 Million | 0.15% | 0.35x | $579.76K |
| TROC DE L'ILE SA (MLTRO) | $4.56 Million | 7.24% | 1.46x | $1.67 Million |
| Lagardere SCA (MMB) | $2.13 Billion | 3.47% | 2.89x | $2.69 Billion |
About Passat Société Anonyme
Passat Société Anonyme engages in the image-assisted sale of consumer products in France. It sells household, kitchen, DIY, garden, beauty, and leisure and fitness products. The company was founded in 1987 and is headquartered in Fourqueux, France.