Unibel S.A (UNBL) - Net Assets
Based on the latest financial reports, Unibel S.A (UNBL) has net assets worth €1.45 Billion EUR (≈ $1.69 Billion USD) as of December 2024. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€4.09 Billion ≈ $4.79 Billion USD) and total liabilities (€2.65 Billion ≈ $3.09 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 Unibel S.A (UNBL) tangible net worth to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €1.45 Billion |
| % of Total Assets | 35.37% |
| Annual Growth Rate | 3.05% |
| 5-Year Change | -25.08% |
| 10-Year Change | -1.23% |
| Growth Volatility | 8.41 |
Unibel S.A - Net Assets Trend (2009–2024)
This chart illustrates how Unibel S.A's net assets have evolved over time, based on quarterly financial data. See UNBL cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Unibel S.A (2009–2024)
The table below shows the annual net assets of Unibel S.A from 2009 to 2024. For live valuation and market cap data, see market value of Unibel S.A.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €1.45 Billion ≈ $1.69 Billion |
+5.24% |
| 2023-12-31 | €1.38 Billion ≈ $1.61 Billion |
-0.13% |
| 2022-12-31 | €1.38 Billion ≈ $1.61 Billion |
-9.72% |
| 2021-12-31 | €1.53 Billion ≈ $1.78 Billion |
-21.03% |
| 2020-12-31 | €1.93 Billion ≈ $2.26 Billion |
+2.47% |
| 2019-12-31 | €1.89 Billion ≈ $2.20 Billion |
+6.43% |
| 2018-12-31 | €1.77 Billion ≈ $2.07 Billion |
+3.46% |
| 2017-12-31 | €1.71 Billion ≈ $2.00 Billion |
+3.99% |
| 2016-12-31 | €1.65 Billion ≈ $1.93 Billion |
+12.34% |
| 2015-12-31 | €1.47 Billion ≈ $1.71 Billion |
+12.93% |
| 2014-12-31 | €1.30 Billion ≈ $1.52 Billion |
+6.09% |
| 2013-12-31 | €1.22 Billion ≈ $1.43 Billion |
+4.94% |
| 2012-12-31 | €1.17 Billion ≈ $1.36 Billion |
+9.71% |
| 2011-12-31 | €1.06 Billion ≈ $1.24 Billion |
+4.92% |
| 2010-12-31 | €1.01 Billion ≈ $1.18 Billion |
+9.87% |
| 2009-12-31 | €922.07 Million ≈ $1.08 Billion |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Unibel S.A'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 0.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | €1.70 Million | 0.13% |
| Other Comprehensive Income | €1.27 Billion | 100.59% |
| Total Equity | €1.27 Billion | 100.00% |
Unibel S.A Competitors by Market Cap
The table below lists competitors of Unibel S.A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
EMTEK (Shenzhen) Co. Ltd.
SHE:300938
|
$2.51 Billion |
|
Rogers Corporation
NYSE:ROG
|
$2.51 Billion |
|
Bloomage Biotechnology Corp Ltd
SHG:688363
|
$2.51 Billion |
|
Roshow Technology Co Ltd
SHE:002617
|
$2.51 Billion |
|
ANSELL (UNSP.ADRS)/4
F:PD1
|
$2.51 Billion |
|
Hyundai Steel
KO:004020
|
$2.51 Billion |
|
Exxaro Resources Ltd
JSE:EXX
|
$2.51 Billion |
|
Guangdong Guanghua Sci-Tech Co Ltd
SHE:002741
|
$2.51 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Unibel S.A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,233,900,000 to 1,266,000,000, a change of 32,100,000 (2.6%).
- Net income of 66,800,000 contributed positively to equity growth.
- Dividend payments of 19,000,000 reduced retained earnings.
- Share repurchases of 1,700,000 reduced equity.
- Other comprehensive income increased equity by 117,100,000.
- Other factors decreased equity by 131,100,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €66.80 Million | +5.28% |
| Dividends Paid | €19.00 Million | -1.5% |
| Share Repurchases | €1.70 Million | -0.13% |
| Other Comprehensive Income | €117.10 Million | +9.25% |
| Other Changes | €-131.10 Million | -10.36% |
| Total Change | €- | 2.60% |
Book Value vs Market Value Analysis
This analysis compares Unibel S.A'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: 1.95x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 4.30x to 1.95x 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 | €274.53 | €1180.00 | x |
| 2010-12-31 | €315.43 | €1180.00 | x |
| 2011-12-31 | €336.04 | €1180.00 | x |
| 2012-12-31 | €372.91 | €1180.00 | x |
| 2013-12-31 | €391.96 | €1180.00 | x |
| 2014-12-31 | €420.39 | €1180.00 | x |
| 2015-12-31 | €471.24 | €1180.00 | x |
| 2016-12-31 | €510.64 | €1180.00 | x |
| 2017-12-31 | €535.44 | €1180.00 | x |
| 2018-12-31 | €554.90 | €1180.00 | x |
| 2019-12-31 | €582.17 | €1180.00 | x |
| 2020-12-31 | €596.67 | €1180.00 | x |
| 2021-12-31 | €579.64 | €1180.00 | x |
| 2022-12-31 | €572.62 | €1180.00 | x |
| 2023-12-31 | €589.00 | €1180.00 | x |
| 2024-12-31 | €604.32 | €1180.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Unibel S.A 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): 5.28%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.79%
- • Asset Turnover: 0.91x
- • Equity Multiplier: 3.23x
- Recent ROE (5.28%) is below the historical average (11.27%), 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 | 15.09% | 3.97% | 1.10x | 3.44x | €29.71 Million |
| 2011 | 13.54% | 3.78% | 1.20x | 2.99x | €25.00 Million |
| 2012 | 10.70% | 3.16% | 1.10x | 3.08x | €5.48 Million |
| 2013 | 9.92% | 3.00% | 1.05x | 3.14x | €-640.50K |
| 2014 | 9.13% | 2.89% | 1.04x | 3.04x | €-7.65 Million |
| 2015 | 12.18% | 4.08% | 0.99x | 3.03x | €21.50 Million |
| 2016 | 12.86% | 4.69% | 0.78x | 3.53x | €30.57 Million |
| 2017 | 9.98% | 3.35% | 0.87x | 3.42x | €-176.60K |
| 2018 | 5.36% | 1.88% | 0.86x | 3.32x | €-53.93 Million |
| 2019 | 6.15% | 2.20% | 0.85x | 3.27x | €-47.03 Million |
| 2020 | 7.38% | 2.67% | 0.84x | 3.31x | €-32.77 Million |
| 2021 | 38.67% | 13.91% | 0.88x | 3.16x | €348.40 Million |
| 2022 | 5.84% | 1.95% | 0.88x | 3.40x | €-49.86 Million |
| 2023 | 6.90% | 2.33% | 0.89x | 3.33x | €-38.29 Million |
| 2024 | 5.28% | 1.79% | 0.91x | 3.23x | €-59.80 Million |
Industry Comparison
This section compares Unibel S.A's net assets metrics with peer companies in the Packaged Foods industry.
Industry Context
- Industry: Packaged Foods
- Average net assets among peers: $1,379,540,753
- Average return on equity (ROE) among peers: 0.74%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Unibel S.A (UNBL) | €1.45 Billion | 15.09% | 1.83x | $2.51 Billion |
| Fleury Michon (ALFLE) | $154.08 Million | 2.61% | 3.13x | $109.11 Million |
| Sapmer (ALMER) | $50.30 Million | 8.18% | 2.53x | $29.26 Million |
| Paulic Meunerie Sa (ALPAU) | $1.51 Million | -3.76% | 8.53x | $6.83 Million |
| Poulaillon SA (ALPOU) | $5.17 Million | 16.82% | 5.29x | $31.94 Million |
| Rapid Nutrition PLC (ALRPD) | $-1.13 Million | 0.00% | 0.00x | $3.33 Million |
| Valbiotis SAS (ALVAL) | $7.07 Million | -54.14% | 1.97x | $22.21 Million |
| Danone SA (BN) | $11.74 Billion | 9.53% | 1.70x | $51.26 Billion |
| Bonduelle S.C.A. (BON) | $381.82 Million | 13.54% | 2.25x | $262.44 Million |
| Saint Jean Groupe Société anonyme (SABE) | $55.27 Million | 10.66% | 0.53x | $65.13 Million |
| Savencia SA (SAVE) | $1.40 Billion | 3.93% | 1.62x | $771.57 Million |
About Unibel S.A
Unibel S.A. produces and sells cheese products in France. The company was incorporated in 1921 and is headquartered in Paris, France.