SPIE SA
SPIE SA provides multi-technical services in the areas of energy and communications in France, Germany, the Netherlands, and internationally. The company operates through four segments: France; Germany; North-Western Europe; Central Europe; and Global Services Energy. It provides building modelling and design, information technology maintenance, information and communications technology engineeri… Read more
SPIE SA (SPIE) - Net Assets
Latest net assets as of June 2025: €1.92 Billion EUR
Based on the latest financial reports, SPIE SA (SPIE) has net assets worth €1.92 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 (€10.07 Billion) and total liabilities (€8.14 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 | €1.92 Billion |
| % of Total Assets | 19.11% |
| Annual Growth Rate | 2.22% |
| 5-Year Change | 36.89% |
| 10-Year Change | 59.45% |
| Growth Volatility | 65.59 |
SPIE SA - Net Assets Trend (2000–2024)
This chart illustrates how SPIE 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 SPIE SA (2000–2024)
The table below shows the annual net assets of SPIE SA from 2000 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €2.10 Billion | +6.25% |
| 2023-12-31 | €1.98 Billion | +4.25% |
| 2022-12-31 | €1.90 Billion | +12.66% |
| 2021-12-31 | €1.68 Billion | +9.70% |
| 2020-12-31 | €1.53 Billion | +5.52% |
| 2019-12-31 | €1.45 Billion | -1.52% |
| 2018-12-31 | €1.48 Billion | +2.33% |
| 2017-12-31 | €1.44 Billion | +1.77% |
| 2016-12-31 | €1.42 Billion | +7.63% |
| 2015-12-31 | €1.32 Billion | +262.95% |
| 2014-12-31 | €362.82 Million | -12.87% |
| 2013-12-31 | €416.39 Million | +12.68% |
| 2012-12-31 | €369.54 Million | +38.83% |
| 2011-12-31 | €266.18 Million | +56.22% |
| 2010-12-31 | €170.39 Million | -69.10% |
| 2004-12-31 | €551.49 Million | +9.60% |
| 2003-12-31 | €503.18 Million | +45.98% |
| 2002-12-31 | €344.68 Million | +16.24% |
| 2001-12-31 | €296.52 Million | -76.11% |
| 2000-12-31 | €1.24 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to SPIE 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 27317500000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €273.18 Million | 13.15% |
| Common Stock | €79.38 Million | 3.82% |
| Other Components | €1.72 Billion | 83.03% |
| Total Equity | €2.08 Billion | 100.00% |
SPIE SA Competitors by Market Cap
The table below lists competitors of SPIE SA ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
ICON PLC
NASDAQ:ICLR
|
$7.23 Billion |
|
Intermediate Capital Group PLC
PINK:ICGUF
|
$7.24 Billion |
|
Armstrong World Industries Inc
NYSE:AWI
|
$7.24 Billion |
|
Alchip Technologies Ltd
TW:3661
|
$7.24 Billion |
|
CCL Industries Inc
PINK:CCDBF
|
$7.23 Billion |
|
Investec Group
PINK:IVTJY
|
$7.22 Billion |
|
Rubrik, Inc.
NYSE:RBRK
|
$7.22 Billion |
|
Dian Swastatika Sentosa Tbk
JK:DSSA
|
$7.20 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in SPIE SA's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,952,241,000 to 2,077,169,000, a change of 124,928,000 (6.4%).
- Net income of 273,175,000 contributed positively to equity growth.
- Dividend payments of 143,541,000 reduced retained earnings.
- Share repurchases of 43,863,000 reduced equity.
- New share issuances of 43,863,000 increased equity.
- Other comprehensive income decreased equity by 40,713,000.
- Other factors increased equity by 36,007,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €273.18 Million | +13.15% |
| Dividends Paid | €143.54 Million | -6.91% |
| Share Repurchases | €43.86 Million | -2.11% |
| Share Issuances | €43.86 Million | +2.11% |
| Other Comprehensive Income | €-40.71 Million | -1.96% |
| Other Changes | €36.01 Million | +1.73% |
| Total Change | €- | 6.40% |
Book Value vs Market Value Analysis
This analysis compares SPIE 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: 3.76x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 9.25x to 3.76x 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 | €5.01 | €46.30 | x |
| 2013-12-31 | €4.13 | €46.30 | x |
| 2014-12-31 | €3.59 | €46.30 | x |
| 2015-12-31 | €10.33 | €46.30 | x |
| 2016-12-31 | €9.17 | €46.30 | x |
| 2017-12-31 | €9.28 | €46.30 | x |
| 2018-12-31 | €9.50 | €46.30 | x |
| 2019-12-31 | €9.28 | €46.30 | x |
| 2020-12-31 | €9.67 | €46.30 | x |
| 2021-12-31 | €10.39 | €46.30 | x |
| 2022-12-31 | €11.50 | €46.30 | x |
| 2023-12-31 | €11.78 | €46.30 | x |
| 2024-12-31 | €12.32 | €46.30 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently SPIE 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): 13.15%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.75%
- • Asset Turnover: 0.99x
- • Equity Multiplier: 4.81x
- Recent ROE (13.15%) is above the historical average (8.68%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 16.00% | 1.37% | 0.91x | 12.77x | €21.94 Million |
| 2013 | 9.62% | 0.83% | 0.88x | 13.13x | €-1.57 Million |
| 2014 | -5.16% | -0.34% | 0.93x | 16.22x | €-53.93 Million |
| 2015 | 3.44% | 0.83% | 0.95x | 4.34x | €-86.53 Million |
| 2016 | 13.00% | 3.57% | 0.92x | 3.97x | €42.51 Million |
| 2017 | 7.67% | 1.80% | 0.79x | 5.39x | €-33.54 Million |
| 2018 | 10.99% | 2.42% | 0.86x | 5.29x | €14.64 Million |
| 2019 | 10.38% | 2.17% | 0.84x | 5.72x | €5.54 Million |
| 2020 | 3.48% | 0.80% | 0.80x | 5.41x | €-99.83 Million |
| 2021 | 10.08% | 2.42% | 0.81x | 5.13x | €1.32 Million |
| 2022 | 8.03% | 1.87% | 0.91x | 4.73x | €-37.12 Million |
| 2023 | 12.22% | 2.73% | 0.95x | 4.69x | €43.29 Million |
| 2024 | 13.15% | 2.75% | 0.99x | 4.81x | €65.46 Million |
Industry Comparison
This section compares SPIE SA's net assets metrics with peer companies in the Engineering & Construction industry.
Industry Context
- Industry: Engineering & Construction
- Average net assets among peers: $5,982,684,760
- Average return on equity (ROE) among peers: 4.01%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| SPIE SA (SPIE) | €1.92 Billion | 16.00% | 4.23x | $7.23 Billion |
| Assystem S.A. (ASY) | $334.90 Million | -6.99% | 1.02x | $227.55 Million |
| Vinci S.A. (DG) | $29.41 Billion | 14.48% | 2.81x | $54.72 Billion |
| Compagnie Industrielle et Financière d'Entreprises SA (INFE) | $88.11 Million | 4.80% | 0.84x | $1.41 Million |
| Soditech SA (SEC) | $-226.20K | 0.00% | 0.00x | $5.79 Million |
| Téléverbier SA (TVRB) | $81.64 Million | 7.75% | 0.99x | $28.85 Million |