SPIE SA (SPIE) - Net Assets

Latest as of June 2025: €1.92 Billion EUR ≈ $2.25 Billion USD

Based on the latest financial reports, SPIE SA (SPIE) has net assets worth €1.92 Billion EUR (≈ $2.25 Billion USD) 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 ≈ $11.77 Billion USD) and total liabilities (€8.14 Billion ≈ $9.52 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 asset resilience ratio of SPIE SA to evaluate the company's liquid asset resilience ratio.

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. Also explore SPIE SA assets under control for the complete picture of this company's asset base.

Annual Net Assets for SPIE SA (2000–2024)

The table below shows the annual net assets of SPIE SA from 2000 to 2024. For live valuation and market cap data, see how much is SPIE SA worth.

Year	Net Assets	Change
2024-12-31	€2.10 Billion ≈ $2.45 Billion	+6.25%
2023-12-31	€1.98 Billion ≈ $2.31 Billion	+4.25%
2022-12-31	€1.90 Billion ≈ $2.22 Billion	+12.66%
2021-12-31	€1.68 Billion ≈ $1.97 Billion	+9.70%
2020-12-31	€1.53 Billion ≈ $1.79 Billion	+5.52%
2019-12-31	€1.45 Billion ≈ $1.70 Billion	-1.52%
2018-12-31	€1.48 Billion ≈ $1.73 Billion	+2.33%
2017-12-31	€1.44 Billion ≈ $1.69 Billion	+1.77%
2016-12-31	€1.42 Billion ≈ $1.66 Billion	+7.63%
2015-12-31	€1.32 Billion ≈ $1.54 Billion	+262.95%
2014-12-31	€362.82 Million ≈ $424.17 Million	-12.87%
2013-12-31	€416.39 Million ≈ $486.81 Million	+12.68%
2012-12-31	€369.54 Million ≈ $432.04 Million	+38.83%
2011-12-31	€266.18 Million ≈ $311.19 Million	+56.22%
2010-12-31	€170.39 Million ≈ $199.20 Million	-69.10%
2004-12-31	€551.49 Million ≈ $644.75 Million	+9.60%
2003-12-31	€503.18 Million ≈ $588.27 Million	+45.98%
2002-12-31	€344.68 Million ≈ $402.96 Million	+16.24%
2001-12-31	€296.52 Million ≈ $346.67 Million	-76.11%
2000-12-31	€1.24 Billion ≈ $1.45 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
Grupo Aeroportuario del Sureste SAB de CV ADR F:AEDA	$8.75 Billion
Harmony Gold Mining Co. Ltd. JSE:HAR	$8.75 Billion
Cngr Advanced Material Co Ltd SHE:300919	$8.75 Billion
CareTrust REIT Inc. NYSE:CTRE	$8.75 Billion
GlobalWafers Co Ltd TWO:6488	$8.74 Billion
Owens Corning Inc NYSE:OC	$8.73 Billion
Grupo Aeroportuario del Sureste SAB de CV ADR NYSE:ASR	$8.73 Billion
Aurora Innovation Inc NASDAQ:AUR	$8.73 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: 4.00x
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 9.85x to 4.00x 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	€49.30	x
2013-12-31	€4.13	€49.30	x
2014-12-31	€3.59	€49.30	x
2015-12-31	€10.33	€49.30	x
2016-12-31	€9.17	€49.30	x
2017-12-31	€9.28	€49.30	x
2018-12-31	€9.50	€49.30	x
2019-12-31	€9.28	€49.30	x
2020-12-31	€9.67	€49.30	x
2021-12-31	€10.39	€49.30	x
2022-12-31	€11.50	€49.30	x
2023-12-31	€11.78	€49.30	x
2024-12-31	€12.32	€49.30	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: $2,909,608,286
Average return on equity (ROE) among peers: 25.85%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
SPIE SA (SPIE)	€1.92 Billion	16.00%	4.23x	$8.74 Billion
Assystem S.A. (ASY)	$401.50 Million	12.18%	0.84x	$638.12 Million
Vinci S.A. (DG)	$13.02 Billion	14.59%	3.33x	$75.08 Billion
Bouygues SA (EN)	$6.03 Billion	10.37%	3.16x	$19.69 Billion
Eiffage SA (FGR)	$690.00 Million	14.93%	6.19x	$13.61 Billion
Compagnie Industrielle et Financière d'Entreprises SA (INFE)	$104.97 Million	6.99%	1.91x	$83.88 Million
Soditech SA (SEC)	$502.00K	92.23%	6.10x	$13.88 Million
Téléverbier SA (TVRB)	$120.58 Million	29.67%	0.48x	$85.40 Million

About SPIE SA

PA:SPIE France Engineering & Construction

Market Cap

$9.81 Billion

€8.39 Billion EUR

Market Cap Rank

#2463 Global

#53 in France

Share Price

€49.30

Change (1 day)

+0.94%

52-Week Range

€41.50 - €54.05

All Time High

€54.05