Carrefour SA
Carrefour SA operates as a food retailer in France, Spain, Italy, Belgium, Poland, Romania, Brazil, Argentina, the Middle East, Africa, and Asia. The company operates hypermarkets, supermarkets, convenience stores, club stores, and cash and carry stores; e-commerce sites; and service stations. It is also involved in the provision of financial services; banking and insurance businesses; property d… Read more
Carrefour SA (CRERF) - Net Assets
Latest net assets as of June 2025: $10.97 Billion USD
Based on the latest financial reports, Carrefour SA (CRERF) has net assets worth $10.97 Billion USD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($55.26 Billion) and total liabilities ($44.28 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 | $10.97 Billion |
| % of Total Assets | 19.85% |
| Annual Growth Rate | 4.04% |
| 5-Year Change | 10.52% |
| 10-Year Change | 16.99% |
| Growth Volatility | 43.63 |
Carrefour SA - Net Assets Trend (1997–2024)
This chart illustrates how Carrefour 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 Carrefour SA (1997–2024)
The table below shows the annual net assets of Carrefour SA from 1997 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $12.48 Billion | -6.74% |
| 2023-12-31 | $13.39 Billion | +1.52% |
| 2022-12-31 | $13.19 Billion | +11.46% |
| 2021-12-31 | $11.83 Billion | +4.72% |
| 2020-12-31 | $11.30 Billion | -3.25% |
| 2019-12-31 | $11.68 Billion | +3.46% |
| 2018-12-31 | $11.29 Billion | -7.17% |
| 2017-12-31 | $12.16 Billion | +1.25% |
| 2016-12-31 | $12.01 Billion | +12.52% |
| 2015-12-31 | $10.67 Billion | +4.34% |
| 2014-12-31 | $10.23 Billion | +18.96% |
| 2013-12-31 | $8.60 Billion | +2.83% |
| 2012-12-31 | $8.36 Billion | +9.62% |
| 2011-12-31 | $7.63 Billion | -27.80% |
| 2010-12-31 | $10.56 Billion | -4.97% |
| 2009-12-31 | $11.12 Billion | +1.49% |
| 2008-12-31 | $10.95 Billion | -6.95% |
| 2007-12-31 | $11.77 Billion | +12.06% |
| 2006-12-31 | $10.50 Billion | +11.90% |
| 2005-12-31 | $9.39 Billion | +23.73% |
| 2004-12-31 | $7.59 Billion | +2.79% |
| 2003-12-31 | $7.38 Billion | -6.92% |
| 2002-12-31 | $7.93 Billion | -3.21% |
| 2001-12-31 | $8.19 Billion | +7.65% |
| 2000-12-31 | $7.61 Billion | +0.98% |
| 1999-12-31 | $7.54 Billion | -45.18% |
| 1998-12-31 | $13.75 Billion | +220.82% |
| 1997-12-31 | $4.28 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Carrefour 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 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 Billion | 15.67% |
| Other Comprehensive Income | $9.12 Billion | 84.33% |
| Total Equity | $10.82 Billion | 100.00% |
Carrefour SA Competitors by Market Cap
The table below lists competitors of Carrefour SA ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
VAT Group AG
PINK:VTTGF
|
$8.91 Billion |
|
SouthState Corporation
NYSE:SSB
|
$8.91 Billion |
|
Chaozhou Three-circle Group Co Ltd
SHE:300408
|
$8.92 Billion |
|
Flowserve Corporation
NYSE:FLS
|
$8.92 Billion |
|
Interconnection Electric SA ESP
OTCQX:IESFY
|
$8.90 Billion |
|
Bunzl plc
PINK:BZLFF
|
$8.90 Billion |
|
China National Nuclear Power
SHG:601985
|
$8.89 Billion |
|
Interpublic Group of Companies Inc
NYSE:IPG
|
$8.88 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Carrefour SA's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 11,539,000,000 to 10,820,000,000, a change of -719,000,000 (-6.2%).
- Net income of 723,000,000 contributed positively to equity growth.
- Dividend payments of 600,000,000 reduced retained earnings.
- Share repurchases of 705,000,000 reduced equity.
- Other comprehensive income decreased equity by 642,000,000.
- Other factors increased equity by 505,000,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $723.00 Million | +6.68% |
| Dividends Paid | $600.00 Million | -5.55% |
| Share Repurchases | $705.00 Million | -6.52% |
| Other Comprehensive Income | $-642.00 Million | -5.93% |
| Other Changes | $505.00 Million | +4.67% |
| Total Change | $- | -6.23% |
Book Value vs Market Value Analysis
This analysis compares Carrefour 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: 0.96x
- 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 increased from 0.28x to 0.96x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1996-12-31 | $54.55 | $15.16 | x |
| 1997-12-31 | $14.36 | $15.16 | x |
| 1998-12-31 | $6.92 | $15.16 | x |
| 1999-12-31 | $12.54 | $15.16 | x |
| 2000-12-31 | $10.73 | $15.16 | x |
| 2001-12-31 | $11.16 | $15.16 | x |
| 2002-12-31 | $8.39 | $15.16 | x |
| 2003-12-31 | $7.88 | $15.16 | x |
| 2004-12-31 | $8.87 | $15.16 | x |
| 2005-12-31 | $10.56 | $15.16 | x |
| 2006-12-31 | $13.46 | $15.16 | x |
| 2007-12-31 | $15.23 | $15.16 | x |
| 2008-12-31 | $14.80 | $15.16 | x |
| 2009-12-31 | $15.04 | $15.16 | x |
| 2010-12-31 | $14.12 | $15.16 | x |
| 2011-12-31 | $10.04 | $15.16 | x |
| 2012-12-31 | $10.96 | $15.16 | x |
| 2013-12-31 | $11.29 | $15.16 | x |
| 2014-12-31 | $12.99 | $15.16 | x |
| 2015-12-31 | $13.30 | $15.16 | x |
| 2016-12-31 | $14.09 | $15.16 | x |
| 2017-12-31 | $13.31 | $15.16 | x |
| 2018-12-31 | $11.83 | $15.16 | x |
| 2019-12-31 | $12.56 | $15.16 | x |
| 2020-12-31 | $12.13 | $15.16 | x |
| 2021-12-31 | $12.95 | $15.16 | x |
| 2022-12-31 | $14.93 | $15.16 | x |
| 2023-12-31 | $16.04 | $15.16 | x |
| 2024-12-31 | $15.77 | $15.16 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Carrefour 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): 6.68%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.83%
- • Asset Turnover: 1.52x
- • Equity Multiplier: 5.30x
- Recent ROE (6.68%) is below the historical average (13.37%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1996 | 26.16% | 54890.00% | 0.00x | 5.55x | $339.10 Million |
| 1997 | 16.48% | 2.12% | 1.95x | 4.00x | $214.68 Million |
| 1998 | 19.73% | 2.30% | 1.58x | 5.43x | $311.41 Million |
| 1999 | 11.93% | 2.02% | 1.11x | 5.33x | $122.14 Million |
| 2000 | 14.01% | 1.64% | 1.47x | 5.79x | $304.85 Million |
| 2001 | 15.45% | 1.82% | 1.60x | 5.31x | $446.64 Million |
| 2002 | 22.29% | 2.00% | 1.77x | 6.32x | $757.77 Million |
| 2003 | 28.39% | 2.31% | 1.80x | 6.81x | $1.06 Billion |
| 2004 | 27.51% | 2.34% | 1.86x | 6.30x | $1.08 Billion |
| 2005 | 19.45% | 1.93% | 1.61x | 6.26x | $697.60 Million |
| 2006 | 23.91% | 2.91% | 1.64x | 5.01x | $1.32 Billion |
| 2007 | 21.56% | 2.80% | 1.58x | 4.87x | $1.23 Billion |
| 2008 | 12.49% | 1.46% | 1.67x | 5.13x | $252.90 Million |
| 2009 | 4.24% | 0.50% | 1.69x | 5.00x | $-594.50 Million |
| 2010 | 4.52% | 0.47% | 1.71x | 5.60x | $-525.40 Million |
| 2011 | 5.61% | 0.46% | 1.68x | 7.24x | $-290.80 Million |
| 2012 | 16.82% | 1.60% | 1.71x | 6.12x | $510.30 Million |
| 2013 | 16.10% | 1.65% | 1.76x | 5.55x | $478.60 Million |
| 2014 | 13.59% | 1.64% | 1.67x | 4.98x | $329.90 Million |
| 2015 | 10.17% | 1.24% | 1.75x | 4.68x | $16.70 Million |
| 2016 | 7.16% | 0.95% | 1.61x | 4.68x | $-296.60 Million |
| 2017 | -5.28% | -0.66% | 1.69x | 4.75x | $-1.54 Billion |
| 2018 | -6.12% | -0.72% | 1.64x | 5.17x | $-1.48 Billion |
| 2019 | 11.33% | 1.52% | 1.46x | 5.11x | $132.00 Million |
| 2020 | 6.54% | 0.89% | 1.52x | 4.86x | $-338.50 Million |
| 2021 | 10.46% | 1.49% | 1.51x | 4.65x | $46.90 Million |
| 2022 | 12.10% | 1.62% | 1.47x | 5.07x | $233.60 Million |
| 2023 | 14.38% | 1.95% | 1.51x | 4.87x | $505.10 Million |
| 2024 | 6.68% | 0.83% | 1.52x | 5.30x | $-359.00 Million |
Industry Comparison
This section compares Carrefour SA's net assets metrics with peer companies in the Grocery Stores industry.
Industry Context
- Industry: Grocery Stores
- Average net assets among peers: $14,531,546,207
- Average return on equity (ROE) among peers: 21.97%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Carrefour SA (CRERF) | $10.97 Billion | 26.16% | 4.04x | $8.90 Billion |
| Albertsons Companies (ACI) | $2.28 Billion | 20.47% | 10.97x | $6.24 Billion |
| Koninklijke Ahold Delhaize NV (AHODF) | $16.28 Billion | 5.10% | 1.23x | $32.57 Billion |
| Sendas Distribuidora S.A. (ASAIY) | $2.77 Billion | 58.21% | 7.26x | $2.52 Billion |
| Bim Birlesik Magazalar (BMBRF) | $813.01 Million | 40.75% | 1.62x | $5.01 Billion |
| BMTHF (BMTHF) | $306.68 Million | 3.95% | 1.25x | $60.88 Million |
| CP ALL Public Company Limited (CVPBF) | $99.82 Billion | 20.97% | 2.74x | $9.06 Billion |
| Dairy Farm International Holdings Limited (DFILF) | $1.76 Billion | 22.92% | 2.11x | $3.57 Billion |
| Dino Polska S.A. (DNOPF) | $5.61 Billion | 25.07% | 0.85x | $11.25 Billion |
| Krispy Kreme Inc (DNUT) | $1.16 Billion | 0.27% | 1.64x | $317.96 Million |