COFACE SA
COFACE SA, through its subsidiaries, provides credit insurance products and related services for microenterprises, small and medium enterprises, mid-market companies, international corporations, financial institutions, and clients of distribution partners. It offers credit insurance products to protect companies against default on payment of its trade receivables. The company also provides integr… Read more
COFACE SA (COFAF) - Net Assets
Latest net assets as of December 2025: $2.22 Billion USD
Based on the latest financial reports, COFACE SA (COFAF) has net assets worth $2.22 Billion USD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($8.09 Billion) and total liabilities ($5.87 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 | $2.22 Billion |
| % of Total Assets | 27.38% |
| Annual Growth Rate | 2.37% |
| 5-Year Change | 3.45% |
| 10-Year Change | N/A |
| Growth Volatility | 5.3 |
COFACE SA - Net Assets Trend (2019–2025)
This chart illustrates how COFACE 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 COFACE SA (2019–2025)
The table below shows the annual net assets of COFACE SA from 2019 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $2.22 Billion | +0.89% |
| 2024-12-31 | $2.20 Billion | +6.96% |
| 2023-12-31 | $2.05 Billion | +4.62% |
| 2022-12-31 | $1.96 Billion | -8.37% |
| 2021-12-31 | $2.14 Billion | +7.14% |
| 2020-12-31 | $2.00 Billion | +3.84% |
| 2019-12-31 | $1.92 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to COFACE 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 decreased by 66.9% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $222.01 Million | 10.03% |
| Other Components | $1.99 Billion | 89.97% |
| Total Equity | $2.21 Billion | 100.00% |
COFACE SA Competitors by Market Cap
The table below lists competitors of COFACE SA ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Stock Yards Bancorp Inc
NASDAQ:SYBT
|
$1.65 Billion |
|
Daewoo Engineering & Construction
KO:047040
|
$1.65 Billion |
|
Charoen Pokphand Indonesia TBK PT
JK:CPIN
|
$1.65 Billion |
|
GS Holdings Corp
KO:078935
|
$1.65 Billion |
|
Vidrala SA
MC:VID
|
$1.65 Billion |
|
DiamondRock Hospitality Company
F:HBO
|
$1.65 Billion |
|
KCC Corporation
KO:002380
|
$1.65 Billion |
|
Grinm Advanced Materials Co Ltd
SHG:600206
|
$1.65 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in COFACE SA's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 2,193,555,000 to 2,213,003,000, a change of 19,448,000 (0.9%).
- Net income of 222,009,000 contributed positively to equity growth.
- Dividend payments of 209,060,000 reduced retained earnings.
- Share repurchases of 5,757,000 reduced equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $222.01 Million | +10.03% |
| Dividends Paid | $209.06 Million | -9.45% |
| Share Repurchases | $5.76 Million | -0.26% |
| Other Changes | $12.26 Million | +0.55% |
| Total Change | $- | 0.89% |
Book Value vs Market Value Analysis
This analysis compares COFACE 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: 1.15x
- 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 1.34x to 1.15x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | $12.74 | $17.07 | x |
| 2020-12-31 | $13.35 | $17.07 | x |
| 2021-12-31 | $14.37 | $17.07 | x |
| 2022-12-31 | $13.15 | $17.07 | x |
| 2023-12-31 | $13.76 | $17.07 | x |
| 2024-12-31 | $14.69 | $17.07 | x |
| 2025-12-31 | $14.83 | $17.07 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently COFACE 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): 10.03%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 13.35%
- • Asset Turnover: 0.21x
- • Equity Multiplier: 3.66x
- Recent ROE (10.03%) is below the historical average (10.05%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 7.62% | 11.21% | 0.18x | 3.84x | $-45.72 Million |
| 2020 | 4.15% | 7.38% | 0.15x | 3.78x | $-116.93 Million |
| 2021 | 10.45% | 17.46% | 0.16x | 3.75x | $9.71 Million |
| 2022 | 14.44% | 17.27% | 0.19x | 4.31x | $87.06 Million |
| 2023 | 11.73% | 15.02% | 0.20x | 3.85x | $35.42 Million |
| 2024 | 11.90% | 15.83% | 0.20x | 3.69x | $41.71 Million |
| 2025 | 10.03% | 13.35% | 0.21x | 3.66x | $708.70K |
Industry Comparison
This section compares COFACE SA's net assets metrics with peer companies in the Insurance - Reinsurance industry.
Industry Context
- Industry: Insurance - Reinsurance
- Average net assets among peers: $2,268,546,333
- Average return on equity (ROE) among peers: 10.22%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| COFACE SA (COFAF) | $2.22 Billion | 7.62% | 2.65x | $1.65 Billion |
| American Overseas Group Ltd (AOREF) | $45.88 Million | 20.49% | 18.04x | $3.88 Million |
| Conduit Holdings Limited (CNDHF) | $867.20 Million | -5.06% | 0.40x | $631.85 Million |
| Everest Group Ltd (EG) | $6.10 Billion | 13.23% | 1.95x | $9.67 Billion |
| Greenlight Capital Re Ltd (GLRE) | $839.16 Million | 10.80% | 1.79x | $435.07 Million |
| GEROVA Financial Group Ltd (GVFG) | $71.50 Million | 0.47% | 0.62x | $5.00 |
| Hamilton Insurance Group, Ltd. (HG) | $2.05 Billion | 12.63% | 2.26x | $1.35 Billion |
| Hannover Rück SE (HVRRF) | $6.53 Billion | 13.71% | 7.26x | $18.13 Billion |
| Hannover Re (HVRRY) | $2.90 Billion | 20.80% | 13.28x | $2.89 Billion |
| Maiden Holdings Ltd (MHLD) | $1.02 Billion | 4.94% | 3.07x | $32.93 Million |