Applus Services S.A
Applus Services, S.A., together with its subsidiaries, provides testing, inspection, and certification services. It operates through four segments: Applus+ Energy & Industry, Applus+ Laboratories, Applus+ Automotive, and Applus+ IDIADA. The Applus+ Energy & Industry segment offers non-destructive testing, quality accreditation and control, project management, supplier inspection, and facility ins… Read more
Applus Services S.A (APLUF) - Net Assets
Latest net assets as of June 2024: $589.16 Million USD
Based on the latest financial reports, Applus Services S.A (APLUF) has net assets worth $589.16 Million USD as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($2.41 Billion) and total liabilities ($1.82 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 | $589.16 Million |
| % of Total Assets | 24.42% |
| Annual Growth Rate | 57.5% |
| 5-Year Change | -28.55% |
| 10-Year Change | -7.03% |
| Growth Volatility | 4237.05 |
Applus Services S.A - Net Assets Trend (2011–2023)
This chart illustrates how Applus Services S.A's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Applus Services S.A (2011–2023)
The table below shows the annual net assets of Applus Services S.A from 2011 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $589.09 Million | -8.38% |
| 2022-12-31 | $642.95 Million | -3.51% |
| 2021-12-31 | $666.35 Million | +5.12% |
| 2020-12-31 | $633.87 Million | -23.12% |
| 2019-12-31 | $824.46 Million | +1.67% |
| 2018-12-31 | $810.88 Million | +2.00% |
| 2017-12-31 | $794.96 Million | +20.89% |
| 2016-12-31 | $657.59 Million | +0.97% |
| 2015-12-31 | $651.30 Million | +2.79% |
| 2014-12-31 | $633.64 Million | +96.02% |
| 2013-12-31 | $323.25 Million | -17.20% |
| 2012-12-31 | $390.40 Million | +15336.89% |
| 2011-12-31 | $2.53 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Applus Services 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 grown by 46963200000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $156.15 Million | 28.89% |
| Common Stock | $11.68 Million | 2.16% |
| Other Comprehensive Income | $-75.65 Million | -14.00% |
| Other Components | $448.36 Million | 82.95% |
| Total Equity | $540.53 Million | 100.00% |
Applus Services S.A Competitors by Market Cap
The table below lists competitors of Applus Services S.A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Anteotech Ltd
AU:ADO
|
$16.82 Million |
|
FNC Entertainment Co Ltd
KQ:173940
|
$16.82 Million |
|
Inin Group A/S
OL:ININ
|
$16.82 Million |
|
SKINBIO THERAP LS-01
F:5KW
|
$16.83 Million |
|
Liberty TripAdvisor Holdings, Inc
NASDAQ:LTRPA
|
$16.82 Million |
|
Dofer Yapi Malzemeleri Sanayi ve Ticaret A.S.
IS:DOFER
|
$16.81 Million |
|
An-Shin Food Services Co Ltd
TWO:1259
|
$16.81 Million |
|
Sonel S.A.
WAR:SON
|
$16.81 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Applus Services S.A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 606,747,000 to 540,529,000, a change of -66,218,000 (-10.9%).
- Net income of 20,191,000 contributed positively to equity growth.
- Dividend payments of 20,628,000 reduced retained earnings.
- Share repurchases of 36,103,000 reduced equity.
- Other comprehensive income decreased equity by 32,214,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $20.19 Million | +3.74% |
| Dividends Paid | $20.63 Million | -3.82% |
| Share Repurchases | $36.10 Million | -6.68% |
| Other Comprehensive Income | $-32.21 Million | -5.96% |
| Other Changes | $2.54 Million | +0.47% |
| Total Change | $- | -10.91% |
Book Value vs Market Value Analysis
This analysis compares Applus Services 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: 2.96x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2011-12-31 | $-0.03 | $12.34 | x |
| 2012-12-31 | $0.59 | $12.34 | x |
| 2013-12-31 | $0.48 | $12.34 | x |
| 2014-12-31 | $4.84 | $12.34 | x |
| 2015-12-31 | $4.65 | $12.34 | x |
| 2016-12-31 | $4.72 | $12.34 | x |
| 2017-12-31 | $5.58 | $12.34 | x |
| 2018-12-31 | $5.29 | $12.34 | x |
| 2019-12-31 | $5.44 | $12.34 | x |
| 2020-12-31 | $4.10 | $12.34 | x |
| 2021-12-31 | $4.33 | $12.34 | x |
| 2022-12-31 | $4.54 | $12.34 | x |
| 2023-12-31 | $4.16 | $12.34 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Applus Services 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): 3.74%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.98%
- • Asset Turnover: 0.84x
- • Equity Multiplier: 4.52x
- Recent ROE (3.74%) is above the historical average (0.23%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 0.00% | -9.28% | 0.50x | 0.00x | $-89.07 Million |
| 2012 | -19.45% | -5.80% | 0.55x | 6.10x | $-104.72 Million |
| 2013 | 1.58% | 0.29% | 0.78x | 7.01x | $-24.29 Million |
| 2014 | 4.01% | 1.47% | 0.82x | 3.31x | $-35.66 Million |
| 2015 | 6.33% | 2.25% | 0.84x | 3.36x | $-22.17 Million |
| 2016 | 3.19% | 1.23% | 0.79x | 3.26x | $-41.77 Million |
| 2017 | 4.79% | 2.25% | 0.79x | 2.70x | $-38.78 Million |
| 2018 | 5.45% | 2.46% | 0.84x | 2.64x | $-34.41 Million |
| 2019 | 7.17% | 3.13% | 0.82x | 2.80x | $-21.94 Million |
| 2020 | -27.04% | -10.16% | 0.72x | 3.69x | $-216.76 Million |
| 2021 | 5.22% | 1.81% | 0.77x | 3.73x | $-29.52 Million |
| 2022 | 8.01% | 2.37% | 0.84x | 4.01x | $-12.07 Million |
| 2023 | 3.74% | 0.98% | 0.84x | 4.52x | $-33.86 Million |
Industry Comparison
This section compares Applus Services S.A's net assets metrics with peer companies in the Specialty Business Services industry.
Industry Context
- Industry: Specialty Business Services
- Average net assets among peers: $786,883,542
- Average return on equity (ROE) among peers: -14.42%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Applus Services S.A (APLUF) | $589.16 Million | 0.00% | 3.10x | $16.82 Million |
| All American Pet Co (AAPT) | $-1.12 Million | 0.00% | 0.00x | $0.97 |
| ABM Industries Incorporated (ABM) | $61.90 Million | 11.47% | 1.78x | $2.27 Billion |
| ADM Endeavors Inc (ADMQ) | $284.02K | -124.30% | 3.55x | $3.87 Million |
| Amentum Holdings Inc. (AMTM) | $4.55 Billion | -1.80% | 1.63x | $4.20 Billion |
| Anacomp Inc (ANMP) | $101.14 Million | -0.68% | 0.63x | $976.94K |
| Rich Sparkle Holdings Limited Ordinary Shares (ANPA) | $5.65 Million | 2.35% | 0.50x | $30.94 Million |
| ARC Document Solutions Inc (ARC) | $-35.01 Million | 0.00% | 0.00x | $110.98 Million |
| Aramark Holdings (ARMK) | $2.75 Billion | -16.80% | 4.72x | $10.51 Billion |
| Atento S.A. (ATTOF) | $-348.87 Million | 0.00% | 0.00x | $945.48 |