Mersen
Mersen S.A. manufactures and sells electrical power products and advanced materials in France, North America, rest of Europe, the Asia-Pacific, and internationally. It operates through two segments, Advanced Materials and Electrical Power. The company offers fuses, fuse holders and systems, surge protection, power distribution blocks, accessories, IEC fuse switch disconnectors, low-voltage and hi… Read more
Mersen (CBLNF) - Net Assets
Latest net assets as of June 2025: $821.80 Million USD
Based on the latest financial reports, Mersen (CBLNF) has net assets worth $821.80 Million USD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.83 Billion) and total liabilities ($1.01 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 | $821.80 Million |
| % of Total Assets | 44.91% |
| Annual Growth Rate | 4.87% |
| 5-Year Change | 65.34% |
| 10-Year Change | 80.08% |
| Growth Volatility | 14.47 |
Mersen - Net Assets Trend (2001–2024)
This chart illustrates how Mersen's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Mersen (2001–2024)
The table below shows the annual net assets of Mersen from 2001 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $882.40 Million | +7.91% |
| 2023-12-31 | $817.70 Million | +17.82% |
| 2022-12-31 | $694.00 Million | +9.91% |
| 2021-12-31 | $631.40 Million | +18.31% |
| 2020-12-31 | $533.70 Million | -6.47% |
| 2019-12-31 | $570.60 Million | +8.05% |
| 2018-12-31 | $528.10 Million | +9.11% |
| 2017-12-31 | $484.00 Million | -1.75% |
| 2016-12-31 | $492.60 Million | +0.53% |
| 2015-12-31 | $490.00 Million | +4.95% |
| 2014-12-31 | $466.90 Million | +3.11% |
| 2013-12-31 | $452.80 Million | -14.18% |
| 2012-12-31 | $527.60 Million | -2.82% |
| 2011-12-31 | $542.90 Million | +9.97% |
| 2010-12-31 | $493.70 Million | +16.19% |
| 2009-12-31 | $424.90 Million | +30.66% |
| 2008-12-31 | $325.20 Million | +5.93% |
| 2007-12-31 | $307.00 Million | -0.32% |
| 2006-12-31 | $308.00 Million | +4.55% |
| 2005-12-31 | $294.60 Million | +15.67% |
| 2004-12-31 | $254.70 Million | +41.82% |
| 2003-12-31 | $179.60 Million | -27.08% |
| 2002-12-31 | $246.30 Million | -16.59% |
| 2001-12-31 | $295.30 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Mersen'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 6710000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $59.00 Million | 6.94% |
| Common Stock | $48.80 Million | 5.74% |
| Other Components | $742.40 Million | 87.32% |
| Total Equity | $850.20 Million | 100.00% |
Mersen Competitors by Market Cap
The table below lists competitors of Mersen ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Changzhou Aohong Electronics Co. Ltd.
SHG:605058
|
$511.59 Million |
|
Tong Oil Tools
SHE:300164
|
$511.69 Million |
|
Beijing Trust Far Tech
SHE:300231
|
$511.81 Million |
|
Titan America SA
NYSE:TTAM
|
$511.97 Million |
|
KMW Inc.
KQ:032500
|
$511.46 Million |
|
Ningbo Kbe Electrical Technology Co
SHE:300863
|
$511.21 Million |
|
Beijing Shenzhou Aerospace Software Technology Co. Ltd. A
SHG:688562
|
$510.60 Million |
|
Peapack-Gladstone Financial
NASDAQ:PGC
|
$510.43 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Mersen's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 788,200,000 to 850,200,000, a change of 62,000,000 (7.9%).
- Net income of 59,000,000 contributed positively to equity growth.
- Dividend payments of 30,900,000 reduced retained earnings.
- Share repurchases of 500,000 reduced equity.
- Other comprehensive income increased equity by 15,699,999.
- Other factors increased equity by 18,700,001.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $59.00 Million | +6.94% |
| Dividends Paid | $30.90 Million | -3.63% |
| Share Repurchases | $500.00K | -0.06% |
| Other Comprehensive Income | $15.70 Million | +1.85% |
| Other Changes | $18.70 Million | +2.2% |
| Total Change | $- | 7.87% |
Book Value vs Market Value Analysis
This analysis compares Mersen'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: 0.71x
- 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 1.05x to 0.71x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2001-12-31 | $22.98 | $24.09 | x |
| 2002-12-31 | $18.97 | $24.09 | x |
| 2003-12-31 | $13.48 | $24.09 | x |
| 2004-12-31 | $18.07 | $24.09 | x |
| 2005-12-31 | $17.95 | $24.09 | x |
| 2006-12-31 | $18.81 | $24.09 | x |
| 2007-12-31 | $18.50 | $24.09 | x |
| 2008-12-31 | $20.76 | $24.09 | x |
| 2009-12-31 | $23.37 | $24.09 | x |
| 2010-12-31 | $22.56 | $24.09 | x |
| 2011-12-31 | $24.51 | $24.09 | x |
| 2012-12-31 | $23.58 | $24.09 | x |
| 2013-12-31 | $20.12 | $24.09 | x |
| 2014-12-31 | $20.50 | $24.09 | x |
| 2015-12-31 | $21.45 | $24.09 | x |
| 2016-12-31 | $21.33 | $24.09 | x |
| 2017-12-31 | $20.94 | $24.09 | x |
| 2018-12-31 | $22.86 | $24.09 | x |
| 2019-12-31 | $24.61 | $24.09 | x |
| 2020-12-31 | $23.65 | $24.09 | x |
| 2021-12-31 | $27.33 | $24.09 | x |
| 2022-12-31 | $30.08 | $24.09 | x |
| 2023-12-31 | $33.01 | $24.09 | x |
| 2024-12-31 | $34.12 | $24.09 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Mersen 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): 6.94%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.74%
- • Asset Turnover: 0.69x
- • Equity Multiplier: 2.12x
- Recent ROE (6.94%) is above the historical average (3.88%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2001 | -2.82% | -1.01% | 0.92x | 3.03x | $-36.87 Million |
| 2002 | -4.55% | -1.50% | 0.97x | 3.14x | $-34.55 Million |
| 2003 | -22.63% | -6.07% | 0.99x | 3.76x | $-55.08 Million |
| 2004 | 7.79% | 3.05% | 0.98x | 2.60x | $-5.50 Million |
| 2005 | 7.66% | 3.79% | 0.80x | 2.52x | $-6.77 Million |
| 2006 | 11.63% | 5.52% | 0.88x | 2.39x | $4.94 Million |
| 2007 | 5.08% | 2.22% | 0.90x | 2.55x | $-14.89 Million |
| 2008 | 9.17% | 4.40% | 0.70x | 2.97x | $-2.62 Million |
| 2009 | 3.47% | 2.49% | 0.67x | 2.08x | $-27.46 Million |
| 2010 | 7.99% | 5.18% | 0.75x | 2.06x | $-9.68 Million |
| 2011 | 10.69% | 6.86% | 0.79x | 1.97x | $3.65 Million |
| 2012 | 1.26% | 0.80% | 0.80x | 1.95x | $-45.21 Million |
| 2013 | -6.59% | -3.95% | 0.79x | 2.11x | $-73.48 Million |
| 2014 | 0.46% | 0.29% | 0.73x | 2.20x | $-43.42 Million |
| 2015 | 0.27% | 0.17% | 0.76x | 2.14x | $-46.37 Million |
| 2016 | 0.38% | 0.24% | 0.76x | 2.11x | $-45.66 Million |
| 2017 | 8.06% | 4.65% | 0.85x | 2.04x | $-9.04 Million |
| 2018 | 11.16% | 6.43% | 0.81x | 2.14x | $5.87 Million |
| 2019 | 10.44% | 6.03% | 0.79x | 2.19x | $2.44 Million |
| 2020 | -2.36% | -1.42% | 0.71x | 2.35x | $-62.92 Million |
| 2021 | 9.03% | 5.90% | 0.71x | 2.14x | $-5.83 Million |
| 2022 | 10.24% | 6.07% | 0.77x | 2.18x | $1.57 Million |
| 2023 | 10.35% | 6.74% | 0.79x | 1.95x | $2.78 Million |
| 2024 | 6.94% | 4.74% | 0.69x | 2.12x | $-26.02 Million |
Industry Comparison
This section compares Mersen's net assets metrics with peer companies in the Electrical Equipment & Parts industry.
Industry Context
- Industry: Electrical Equipment & Parts
- Average net assets among peers: $315,233,876
- Average return on equity (ROE) among peers: -5.11%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Mersen (CBLNF) | $821.80 Million | -2.82% | 1.23x | $511.49 Million |
| ABB Ltd (ABBNY) | $2.23 Billion | -31.00% | 13.51x | $85.22 Billion |
| Advent Technologies Holdings Inc (ADN) | $130.20 Million | -15.76% | 0.25x | $1.02 Million |
| Ads Tec Energy PLC (ADSE) | $-8.59 Million | 0.00% | 0.00x | $194.80 Million |
| Advanced Energy Industries Inc (AEIS) | $392.07 Million | 32.51% | 0.46x | $11.51 Billion |
| AFC Energy plc (AFGYF) | $30.27 Million | -57.55% | 0.21x | $91.15 Million |
| Alfen N.V (ALFNF) | $6.81 Million | 25.29% | 3.39x | $265.32 Million |
| Amprius Technologies Inc. (AMPX) | $13.86 Million | -71.41% | 0.34x | $1.30 Billion |
| Asia Pacific Wire & Cable Corp Ltd (APWC) | $118.20 Million | 3.47% | 0.76x | $17.88 Million |
| Astro Communications Inc (ASTO) | $7.59 Million | 3.65% | 0.08x | $18.93K |
| Atkore International Group Inc (ATKR) | $232.94 Million | 59.69% | 5.17x | $1.72 Billion |