Smcp SAS (SMCP) - Net Assets
Based on the latest financial reports, Smcp SAS (SMCP) has net assets worth €1.17 Billion EUR (≈ $1.37 Billion USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€2.15 Billion ≈ $2.51 Billion USD) and total liabilities (€978.00 Million ≈ $1.14 Billion 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 Smcp SAS (SMCP) asset resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €1.17 Billion |
| % of Total Assets | 54.51% |
| Annual Growth Rate | 19.86% |
| 5-Year Change | 4.4% |
| 10-Year Change | 90.98% |
| Growth Volatility | 38.11 |
Smcp SAS - Net Assets Trend (2011–2025)
This chart illustrates how Smcp SAS's net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of Smcp SAS for the complete picture of this company's asset base.
Annual Net Assets for Smcp SAS (2011–2025)
The table below shows the annual net assets of Smcp SAS from 2011 to 2025. For live valuation and market cap data, see Smcp SAS stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | €1.17 Billion ≈ $1.37 Billion |
+0.74% |
| 2024-12-31 | €1.16 Billion ≈ $1.36 Billion |
-1.44% |
| 2023-12-31 | €1.18 Billion ≈ $1.38 Billion |
+0.68% |
| 2022-12-31 | €1.17 Billion ≈ $1.37 Billion |
+4.44% |
| 2021-12-31 | €1.12 Billion ≈ $1.31 Billion |
+2.47% |
| 2020-12-31 | €1.10 Billion ≈ $1.28 Billion |
-7.94% |
| 2019-12-31 | €1.19 Billion ≈ $1.39 Billion |
+4.17% |
| 2018-12-31 | €1.14 Billion ≈ $1.34 Billion |
+5.48% |
| 2017-12-31 | €1.08 Billion ≈ $1.27 Billion |
+76.50% |
| 2016-12-31 | €613.52 Million ≈ $717.27 Million |
+125.24% |
| 2015-12-31 | €272.38 Million ≈ $318.44 Million |
+2.61% |
| 2014-12-31 | €265.46 Million ≈ $310.36 Million |
+25.22% |
| 2013-12-31 | €212.00 Million ≈ $247.85 Million |
+73.75% |
| 2012-12-31 | €122.02 Million ≈ $142.65 Million |
+31.56% |
| 2011-12-31 | €92.75 Million ≈ $108.43 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Smcp SAS'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 100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €1.17 Billion | 100.00% |
| Total Equity | €1.17 Billion | 100.00% |
Smcp SAS Competitors by Market Cap
The table below lists competitors of Smcp SAS ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Youlchon Chem
KO:008730
|
$432.77 Million |
|
Masterwork Machinery
SHE:300195
|
$432.77 Million |
|
Assembly Biosciences Inc
NASDAQ:ASMB
|
$432.92 Million |
|
Beijing Hezong Science&Technology Co Ltd
SHE:300477
|
$432.96 Million |
|
Wave Cyber Shanghai Co Ltd
SHG:688718
|
$432.75 Million |
|
Kyverna Therapeutics, Inc. Common Stock
NASDAQ:KYTX
|
$432.74 Million |
|
Medistim ASA
OL:MEDI
|
$432.64 Million |
|
Laxmi Organic Industries Limited
NSE:LXCHEM
|
$432.62 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Smcp SAS's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,163,100,000 to 1,171,700,000, a change of 8,600,000 (0.7%).
- Net income of 16,600,000 contributed positively to equity growth.
- Share repurchases of 1,300,000 reduced equity.
- Other comprehensive income decreased equity by 4,300,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €16.60 Million | +1.42% |
| Share Repurchases | €1.30 Million | -0.11% |
| Other Comprehensive Income | €-4.30 Million | -0.37% |
| Other Changes | €-2.40 Million | -0.2% |
| Total Change | €- | 0.74% |
Book Value vs Market Value Analysis
This analysis compares Smcp SAS'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: 0.35x
- 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 0.63x to 0.35x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-12-31 | €8.16 | €5.17 | x |
| 2013-12-31 | €16.05 | €5.17 | x |
| 2014-12-31 | €10.36 | €5.17 | x |
| 2015-12-31 | €0.48 | €5.17 | x |
| 2016-12-31 | €1.07 | €5.17 | x |
| 2017-12-31 | €2.56 | €5.17 | x |
| 2018-12-31 | €14.52 | €5.17 | x |
| 2019-12-31 | €15.09 | €5.17 | x |
| 2020-12-31 | €14.82 | €5.17 | x |
| 2021-12-31 | €14.10 | €5.17 | x |
| 2022-12-31 | €14.79 | €5.17 | x |
| 2023-12-31 | €15.04 | €5.17 | x |
| 2024-12-31 | €15.46 | €5.17 | x |
| 2025-12-31 | €14.82 | €5.17 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Smcp SAS 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): 1.42%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.36%
- • Asset Turnover: 0.57x
- • Equity Multiplier: 1.83x
- Recent ROE (1.42%) is below the historical average (2.95%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 17.41% | 7.56% | 0.72x | 3.18x | €9.04 Million |
| 2013 | 13.91% | 8.39% | 0.68x | 2.42x | €8.28 Million |
| 2014 | -2.75% | -1.68% | 0.45x | 3.67x | €-33.84 Million |
| 2015 | 2.90% | 1.36% | 0.57x | 3.72x | €-19.34 Million |
| 2016 | 3.62% | 3.26% | 0.39x | 2.87x | €-39.15 Million |
| 2017 | 0.58% | 0.80% | 0.44x | 1.68x | €-101.96 Million |
| 2018 | 4.40% | 4.94% | 0.55x | 1.62x | €-64.01 Million |
| 2019 | 3.67% | 3.86% | 0.44x | 2.14x | €-75.28 Million |
| 2020 | -9.33% | -11.71% | 0.36x | 2.20x | €-211.73 Million |
| 2021 | 2.13% | 2.30% | 0.43x | 2.15x | €-88.33 Million |
| 2022 | 4.38% | 4.25% | 0.51x | 2.03x | €-65.91 Million |
| 2023 | 0.95% | 0.91% | 0.52x | 1.99x | €-106.81 Million |
| 2024 | -2.03% | -1.95% | 0.53x | 1.98x | €-139.91 Million |
| 2025 | 1.42% | 1.36% | 0.57x | 1.83x | €-100.57 Million |
Industry Comparison
This section compares Smcp SAS's net assets metrics with peer companies in the Apparel Retail industry.
Industry Context
- Industry: Apparel Retail
- Average net assets among peers: $58,927,882
- Average return on equity (ROE) among peers: 11.55%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Smcp SAS (SMCP) | €1.17 Billion | 17.41% | 0.83x | $432.75 Million |
| Damartex (ALDAR) | $164.20 Million | 7.97% | 1.01x | $22.54 Million |
| Fashion Bel Air S.A (ALFBA) | $6.66 Million | 23.12% | 0.73x | $414.00K |
| NR 21 S.A. (NR21) | $5.92 Million | 3.56% | 0.00x | $3.61 Million |
About Smcp SAS
SMCP S.A. operates as an apparel and accessories retail company in France and internationally. The company offers suits and coats, ready-to-wear products, bags, shoes and accessories; fluidity and structure, lace and embroidery, knitwear and leather; and clothing, as well as footwear, jewellery, scarves, belts, and other accessories. It also provides trench coats, babydoll dresses, sailor tops, a… Read more