Tonnellerie Francois Freres SA
TFF Group, together with its subsidiaries, engages in the wine and spirits ageing in the United States, Europe, France, Asia, and internationally. It is involved in the forestry business, wine cooperage, stave milling, whisky and bourbon cooperage, cask making, and stainless-steel vat making. The company also offers wood products for oenology. It serves the wine, bourbon, and whisky markets. The … Read more
Tonnellerie Francois Freres SA (TFF) - Net Assets
Latest net assets as of October 2025: €517.21 Million EUR
Based on the latest financial reports, Tonnellerie Francois Freres SA (TFF) has net assets worth €517.21 Million EUR as of October 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€981.52 Million) and total liabilities (€464.31 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 | €517.21 Million |
| % of Total Assets | 52.69% |
| Annual Growth Rate | 2.67% |
| 5-Year Change | 38.7% |
| 10-Year Change | 87.6% |
| Growth Volatility | 19.09 |
Tonnellerie Francois Freres SA - Net Assets Trend (2000–2025)
This chart illustrates how Tonnellerie Francois Freres 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 Tonnellerie Francois Freres SA (2000–2025)
The table below shows the annual net assets of Tonnellerie Francois Freres SA from 2000 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-04-30 | €518.37 Million | +1.42% |
| 2024-04-30 | €511.12 Million | +10.58% |
| 2023-04-30 | €462.24 Million | +8.48% |
| 2022-04-30 | €426.12 Million | +14.02% |
| 2021-04-30 | €373.74 Million | +2.34% |
| 2020-04-30 | €365.19 Million | +5.39% |
| 2019-04-30 | €346.53 Million | +8.90% |
| 2018-04-30 | €318.21 Million | +4.43% |
| 2017-04-30 | €304.72 Million | +10.28% |
| 2016-04-30 | €276.31 Million | +7.77% |
| 2015-04-30 | €256.40 Million | +20.37% |
| 2014-04-30 | €213.01 Million | +8.23% |
| 2013-04-30 | €196.80 Million | +10.48% |
| 2012-04-30 | €178.13 Million | +10.39% |
| 2011-04-30 | €161.37 Million | +6.53% |
| 2010-04-30 | €151.48 Million | +12.23% |
| 2009-04-30 | €134.98 Million | +11.48% |
| 2008-04-30 | €121.08 Million | 0.00% |
| 2007-04-30 | €121.08 Million | +28.90% |
| 2006-04-30 | €93.93 Million | +12.96% |
| 2005-04-30 | €83.15 Million | +11.66% |
| 2004-04-30 | €74.47 Million | +12.08% |
| 2003-04-30 | €66.44 Million | +9.95% |
| 2002-04-30 | €60.43 Million | -81.64% |
| 2001-04-30 | €329.08 Million | +22.55% |
| 2000-04-30 | €268.52 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Tonnellerie Francois Freres 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 3070500000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (April 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €30.70 Million | 6.30% |
| Common Stock | €8.67 Million | 1.78% |
| Other Comprehensive Income | €448.19 Million | 91.92% |
| Total Equity | €487.57 Million | 100.00% |
Tonnellerie Francois Freres SA Competitors by Market Cap
The table below lists competitors of Tonnellerie Francois Freres SA ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
TNG Limited
PINK:TNGZF
|
$109.76 Million |
|
CanAlaska Uranium Ltd
OTCQX:CVVUF
|
$109.79 Million |
|
Ever Fortune.AI Co. Ltd.
TWO:6841
|
$109.81 Million |
|
Neurogene Inc
NASDAQ:NGNE
|
$109.83 Million |
|
Shenzhen Breo Technology Co. Ltd. A
SHG:688793
|
$109.75 Million |
|
Parker Drilling Company
PINK:PKDC
|
$109.74 Million |
|
Advantage Solutions Inc
NASDAQ:ADV
|
$109.73 Million |
|
Botanix Pharmaceuticals Limited
PINK:BXPHF
|
$109.73 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Tonnellerie Francois Freres SA's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 489,701,000 to 487,567,000, a change of -2,134,000 (-0.4%).
- Net income of 30,705,000 contributed positively to equity growth.
- Dividend payments of 13,726,000 reduced retained earnings.
- Other comprehensive income increased equity by 23,608,000.
- Other factors decreased equity by 42,721,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €30.70 Million | +6.3% |
| Dividends Paid | €13.73 Million | -2.82% |
| Other Comprehensive Income | €23.61 Million | +4.84% |
| Other Changes | €-42.72 Million | -8.76% |
| Total Change | €- | -0.44% |
Book Value vs Market Value Analysis
This analysis compares Tonnellerie Francois Freres 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: 0.75x
- 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 4.44x to 0.75x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-04-30 | €3.81 | €16.90 | x |
| 2006-04-30 | €4.30 | €16.90 | x |
| 2007-04-30 | €5.53 | €16.90 | x |
| 2008-04-30 | €5.53 | €16.90 | x |
| 2009-04-30 | €6.17 | €16.90 | x |
| 2010-04-30 | €6.91 | €16.90 | x |
| 2011-04-30 | €7.36 | €16.90 | x |
| 2012-04-30 | €8.12 | €16.90 | x |
| 2013-04-30 | €8.98 | €16.90 | x |
| 2014-04-30 | €9.72 | €16.90 | x |
| 2015-04-30 | €11.68 | €16.90 | x |
| 2016-04-30 | €12.59 | €16.90 | x |
| 2017-04-30 | €13.87 | €16.90 | x |
| 2018-04-30 | €14.49 | €16.90 | x |
| 2019-04-30 | €15.78 | €16.90 | x |
| 2020-04-30 | €16.64 | €16.90 | x |
| 2021-04-30 | €17.00 | €16.90 | x |
| 2022-04-30 | €18.80 | €16.90 | x |
| 2023-04-30 | €20.41 | €16.90 | x |
| 2024-04-30 | €22.59 | €16.90 | x |
| 2025-04-30 | €22.50 | €16.90 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Tonnellerie Francois Freres 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): 6.30%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.22%
- • Asset Turnover: 0.43x
- • Equity Multiplier: 2.04x
- Recent ROE (6.30%) is below the historical average (11.41%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 20.36% | 14.87% | 0.78x | 1.75x | €6.15 Million |
| 2003 | 17.19% | 14.99% | 0.69x | 1.66x | €4.74 Million |
| 2004 | 13.94% | 14.65% | 0.59x | 1.61x | €2.91 Million |
| 2005 | 13.87% | 15.91% | 0.60x | 1.46x | €3.20 Million |
| 2006 | 13.19% | 15.96% | 0.62x | 1.34x | €2.97 Million |
| 2007 | 12.64% | 16.65% | 0.50x | 1.53x | €3.16 Million |
| 2008 | 13.91% | 16.13% | 0.56x | 1.53x | €4.69 Million |
| 2009 | 12.89% | 15.28% | 0.57x | 1.49x | €3.86 Million |
| 2010 | 10.21% | 13.97% | 0.54x | 1.35x | €310.80K |
| 2011 | 9.01% | 13.13% | 0.54x | 1.27x | €-1.58 Million |
| 2012 | 9.03% | 13.75% | 0.43x | 1.52x | €-1.70 Million |
| 2013 | 11.56% | 13.79% | 0.56x | 1.49x | €3.03 Million |
| 2014 | 11.28% | 14.01% | 0.56x | 1.43x | €2.70 Million |
| 2015 | 13.51% | 16.75% | 0.53x | 1.51x | €8.89 Million |
| 2016 | 10.60% | 14.84% | 0.48x | 1.49x | €1.63 Million |
| 2017 | 10.67% | 14.08% | 0.49x | 1.55x | €2.01 Million |
| 2018 | 9.62% | 12.33% | 0.51x | 1.53x | €-1.18 Million |
| 2019 | 8.99% | 11.32% | 0.49x | 1.62x | €-3.46 Million |
| 2020 | 7.39% | 9.52% | 0.42x | 1.85x | €-9.42 Million |
| 2021 | 5.44% | 7.68% | 0.40x | 1.79x | €-16.79 Million |
| 2022 | 8.80% | 11.85% | 0.41x | 1.80x | €-4.90 Million |
| 2023 | 11.94% | 12.01% | 0.52x | 1.91x | €8.57 Million |
| 2024 | 11.53% | 11.60% | 0.50x | 1.98x | €7.48 Million |
| 2025 | 6.30% | 7.22% | 0.43x | 2.04x | €-18.05 Million |
Industry Comparison
This section compares Tonnellerie Francois Freres SA's net assets metrics with peer companies in the Packaging & Containers industry.
Industry Context
- Industry: Packaging & Containers
- Average net assets among peers: $343,799,000
- Average return on equity (ROE) among peers: 3.46%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Tonnellerie Francois Freres SA (TFF) | €517.21 Million | 20.36% | 0.90x | $109.75 Million |
| Gascogne SA (ALBI) | $153.73 Million | -21.18% | 1.86x | $28.34 Million |
| Groupe Guillin SA (ALGIL) | $121.56 Million | 10.94% | 1.30x | $131.49 Million |
| Quadpack Industries SA (ALQP) | $32.51 Million | -7.94% | 2.33x | $31.38 Million |
| Verallia (VRLA) | $1.07 Billion | 32.04% | 3.21x | $444.22 Million |