Elecnor, S.A.
Elecnor, S.A. engages in the development, construction, operation of projects and services in Spain, and internationally. The company offers energy transports, conversion, and distribution; maintenance and generation of power from wind farms, solar, biomass, combined cycle power, and hydroelectric plants; undertakes catenary, substations, signaling, interlocking, communication, and remote control… Read more
Elecnor, S.A. (ELNRF) - Net Assets
Latest net assets as of December 2025: $943.18 Million USD
Based on the latest financial reports, Elecnor, S.A. (ELNRF) has net assets worth $943.18 Million USD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($3.66 Billion) and total liabilities ($2.72 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 | $943.18 Million |
| % of Total Assets | 25.77% |
| Annual Growth Rate | 9.47% |
| 5-Year Change | 48.84% |
| 10-Year Change | N/A |
| Growth Volatility | 17.84 |
Elecnor, S.A. - Net Assets Trend (2020–2025)
This chart illustrates how Elecnor, 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 Elecnor, S.A. (2020–2025)
The table below shows the annual net assets of Elecnor, S.A. from 2020 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $943.18 Million | -19.16% |
| 2024-12-31 | $1.17 Billion | +26.06% |
| 2023-12-31 | $925.56 Million | +10.96% |
| 2022-12-31 | $834.15 Million | +31.64% |
| 2021-12-31 | $633.66 Million | +5.62% |
| 2020-12-31 | $599.94 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Elecnor, 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 41.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $110.73 Million | 11.74% |
| Other Components | $832.37 Million | 88.26% |
| Total Equity | $943.10 Million | 100.00% |
Elecnor, S.A. Competitors by Market Cap
The table below lists competitors of Elecnor, S.A. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
BJs Restaurants Inc
NASDAQ:BJRI
|
$663.68 Million |
|
Dicker Data Ltd
AU:DDR
|
$663.77 Million |
|
Guizhou Zhenhua E chem Inc
SHG:688707
|
$663.90 Million |
|
Zhejiang Publishing & Media Co Ltd
SHG:601921
|
$663.91 Million |
|
Nexxen International Ltd
PINK:NEXN
|
$663.45 Million |
|
Tokyu Construction Co. Ltd
F:TCW
|
$663.17 Million |
|
C&C Group plc
PINK:CCGPY
|
$663.00 Million |
|
Hongrun Construction Group Co Ltd
SHE:002062
|
$662.62 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Elecnor, S.A.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,166,617,000 to 943,096,000, a change of -223,521,000 (-19.2%).
- Net income of 110,727,000 contributed positively to equity growth.
- Dividend payments of 273,006,000 reduced retained earnings.
- Share repurchases of 22,439,000 reduced equity.
- New share issuances of 22,494,000 increased equity.
- Other factors decreased equity by 61,297,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $110.73 Million | +11.74% |
| Dividends Paid | $273.01 Million | -28.95% |
| Share Repurchases | $22.44 Million | -2.38% |
| Share Issuances | $22.49 Million | +2.39% |
| Other Changes | $-61.30 Million | -6.5% |
| Total Change | $- | -19.16% |
Book Value vs Market Value Analysis
This analysis compares Elecnor, 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: 1.54x
- 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 2.51x to 1.54x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | $6.80 | $17.10 | x |
| 2021-12-31 | $7.19 | $17.10 | x |
| 2022-12-31 | $9.54 | $17.10 | x |
| 2023-12-31 | $10.70 | $17.10 | x |
| 2024-12-31 | $13.77 | $17.10 | x |
| 2025-12-31 | $11.14 | $17.10 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Elecnor, 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): 11.74%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.52%
- • Asset Turnover: 1.20x
- • Equity Multiplier: 3.88x
- Recent ROE (11.74%) is below the historical average (20.79%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 13.59% | 3.19% | 0.81x | 5.29x | $20.69 Million |
| 2021 | 14.10% | 2.75% | 0.95x | 5.39x | $24.96 Million |
| 2022 | 12.72% | 3.03% | 0.95x | 4.43x | $22.00 Million |
| 2023 | 12.14% | 2.90% | 0.93x | 4.50x | $19.41 Million |
| 2024 | 60.45% | 18.51% | 1.06x | 3.09x | $588.54 Million |
| 2025 | 11.74% | 2.52% | 1.20x | 3.88x | $16.42 Million |
Industry Comparison
This section compares Elecnor, S.A.'s net assets metrics with peer companies in the Engineering & Construction industry.
Industry Context
- Industry: Engineering & Construction
- Average net assets among peers: $1,646,543,800
- Average return on equity (ROE) among peers: 16.91%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Elecnor, S.A. (ELNRF) | $943.18 Million | 13.59% | 2.88x | $663.47 Million |
| Arcosa Inc (ACA) | $2.43 Billion | 3.86% | 1.02x | $5.06 Billion |
| Aecom Technology Corporation (ACM) | $-181.00 Million | 0.00% | 0.00x | $11.42 Billion |
| ACS Actividades de Construcción y Servicios S.A (ACSAF) | $4.44 Billion | 29.55% | 6.70x | $8.35 Billion |
| Acciona S.A (ACXIF) | $6.30 Billion | 7.00% | 2.58x | $3.04 Billion |
| Aecon Group Inc (AEGXF) | $153.60 Million | 7.49% | 3.66x | $737.44 Million |
| ÅF Pöyry AB (publ) (AFXXF) | $551.78 Million | 41.72% | 1.52x | $1.66 Billion |
| Abengoa S.A (AGOAF) | $797.49 Million | 15.10% | 9.17x | $1.82 Million |
| AF Gruppen ASA (AGRUF) | $1.95 Billion | 35.44% | 2.36x | $547.02 Million |
| Argan Inc (AGX) | $3.70 Million | 24.32% | 1.27x | $6.30 Billion |
| Amelco Corporation (AMLC) | $15.28 Million | 4.60% | 1.62x | $2.84 |