Encavis AG
Encavis AG, an independent power producer, acquires and operates solar and onshore wind parks in Germany, Italy, Spain, France, Denmark, the Netherlands, the United Kingdom, Finland, Sweden, Ireland, and Lithuania. The company operates through the PV Parks, Service, Wind Parks, and Asset Management segments. Its portfolio includes 240 solar parks with a capacity of 3,800 megawatts; and 100 wind f… Read more
Encavis AG (ENCVF) - Net Assets
Latest net assets as of December 2024: $775.09 Million USD
Based on the latest financial reports, Encavis AG (ENCVF) has net assets worth $775.09 Million USD as of December 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($3.92 Billion) and total liabilities ($3.15 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 | $775.09 Million |
| % of Total Assets | 19.75% |
| Annual Growth Rate | 16.28% |
| 5-Year Change | 3.13% |
| 10-Year Change | 201.6% |
| Growth Volatility | 34.76 |
Encavis AG - Net Assets Trend (2005–2024)
This chart illustrates how Encavis AG's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Encavis AG (2005–2024)
The table below shows the annual net assets of Encavis AG from 2005 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $775.09 Million | -34.70% |
| 2023-12-31 | $1.19 Billion | +24.05% |
| 2022-12-31 | $956.82 Million | -10.28% |
| 2021-12-31 | $1.07 Billion | +41.89% |
| 2020-12-31 | $751.56 Million | +3.99% |
| 2019-12-31 | $722.71 Million | +5.19% |
| 2018-12-31 | $687.06 Million | -1.65% |
| 2017-12-31 | $698.59 Million | +14.80% |
| 2016-12-31 | $608.56 Million | +136.80% |
| 2015-12-31 | $256.99 Million | +10.80% |
| 2014-12-31 | $231.94 Million | +11.83% |
| 2013-12-31 | $207.40 Million | +59.22% |
| 2012-12-31 | $130.26 Million | +42.23% |
| 2011-12-31 | $91.59 Million | +45.18% |
| 2010-12-31 | $63.08 Million | +11.81% |
| 2009-12-31 | $56.42 Million | -0.35% |
| 2008-12-31 | $56.62 Million | +10.97% |
| 2007-12-31 | $51.02 Million | -3.62% |
| 2006-12-31 | $52.94 Million | +19.93% |
| 2005-12-31 | $44.14 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Encavis AG'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 11754.1% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $161.72 Million | 21.10% |
| Other Components | $648.27 Million | 84.60% |
| Total Equity | $766.29 Million | 100.00% |
Encavis AG Competitors by Market Cap
The table below lists competitors of Encavis AG ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
TERRITORIAL BNC (9TB.SG)
STU:9TB
|
$75.28K |
|
Rockhopper Exploration
LSE:RKH
|
$75.40K |
|
PennantPark Floating Rate Capital Ltd
NYSE:PFLT
|
$75.45K |
|
BLPX39
SA:BLPX39
|
$75.48K |
|
ISCJ11
SA:ISCJ11
|
$75.23K |
|
CTT CORREIOS PORT
BE:C7T
|
$75.23K |
|
FULLER SMITH+TURN.A LS-40
F:1ZJ
|
$75.13K |
|
Zcob Zcoba
MX:INVEXCOA
|
$75.11K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Encavis AG's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,179,913,000 to 766,293,000, a change of -413,620,000 (-35.1%).
- Net loss of 173,159,000 reduced equity.
- Dividend payments of 4,569,000 reduced retained earnings.
- New share issuances of 3,359,000 increased equity.
- Other comprehensive income decreased equity by 14,213,000.
- Other factors decreased equity by 225,038,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-173.16 Million | -22.6% |
| Dividends Paid | $4.57 Million | -0.6% |
| Share Issuances | $3.36 Million | +0.44% |
| Other Comprehensive Income | $-14.21 Million | -1.85% |
| Other Changes | $-225.04 Million | -29.37% |
| Total Change | $- | -35.06% |
Book Value vs Market Value Analysis
This analysis compares Encavis AG'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: 0.00x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-12-31 | $1.74 | $0.00 | x |
| 2006-12-31 | $2.08 | $0.00 | x |
| 2007-12-31 | $2.01 | $0.00 | x |
| 2008-12-31 | $2.23 | $0.00 | x |
| 2009-12-31 | $2.22 | $0.00 | x |
| 2010-12-31 | $2.40 | $0.00 | x |
| 2011-12-31 | $2.64 | $0.00 | x |
| 2012-12-31 | $2.61 | $0.00 | x |
| 2013-12-31 | $3.00 | $0.00 | x |
| 2014-12-31 | $3.17 | $0.00 | x |
| 2015-12-31 | $3.35 | $0.00 | x |
| 2016-12-31 | $6.54 | $0.00 | x |
| 2017-12-31 | $5.39 | $0.00 | x |
| 2018-12-31 | $5.25 | $0.00 | x |
| 2019-12-31 | $5.44 | $0.00 | x |
| 2020-12-31 | $5.40 | $0.00 | x |
| 2021-12-31 | $7.31 | $0.00 | x |
| 2022-12-31 | $5.53 | $0.00 | x |
| 2023-12-31 | $7.33 | $0.00 | x |
| 2024-12-31 | $4.74 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Encavis AG 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): -22.60%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -42.46%
- • Asset Turnover: 0.10x
- • Equity Multiplier: 5.12x
- Recent ROE (-22.60%) is below the historical average (7.96%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 57.12% | 0.00% | 0.00x | 1.03x | $20.80 Million |
| 2006 | 29.89% | 0.00% | 0.00x | 1.02x | $10.53 Million |
| 2007 | 13.92% | 0.00% | 0.00x | 1.01x | $2.00 Million |
| 2008 | 9.87% | 0.00% | 0.00x | 1.01x | $-74.87K |
| 2009 | -0.39% | -2176.71% | 0.00x | 1.19x | $-5.86 Million |
| 2010 | 2.62% | 12.73% | 0.07x | 2.88x | $-4.66 Million |
| 2011 | -1.06% | -2.54% | 0.12x | 3.54x | $-9.37 Million |
| 2012 | 7.03% | 19.01% | 0.10x | 3.73x | $-3.63 Million |
| 2013 | 6.72% | 23.46% | 0.10x | 2.98x | $-6.54 Million |
| 2014 | 10.83% | 35.39% | 0.07x | 4.18x | $1.96 Million |
| 2015 | 10.10% | 22.73% | 0.09x | 5.22x | $252.00K |
| 2016 | 1.95% | 8.04% | 0.06x | 4.02x | $-47.17 Million |
| 2017 | 3.93% | 12.24% | 0.09x | 3.64x | $-41.98 Million |
| 2018 | 1.51% | 4.11% | 0.09x | 3.91x | $-57.57 Million |
| 2019 | 3.94% | 10.27% | 0.10x | 3.85x | $-43.16 Million |
| 2020 | 2.42% | 6.17% | 0.10x | 3.79x | $-56.40 Million |
| 2021 | 7.67% | 24.52% | 0.10x | 3.02x | $-24.81 Million |
| 2022 | 8.74% | 16.85% | 0.14x | 3.58x | $-12.02 Million |
| 2023 | 4.92% | 12.35% | 0.13x | 3.03x | $-59.99 Million |
| 2024 | -22.60% | -42.46% | 0.10x | 5.12x | $-249.79 Million |
Industry Comparison
This section compares Encavis AG's net assets metrics with peer companies in the Utilities - Renewable industry.
Industry Context
- Industry: Utilities - Renewable
- Average net assets among peers: $1,059,000,861
- Average return on equity (ROE) among peers: -70.68%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Encavis AG (ENCVF) | $775.09 Million | 57.12% | 4.06x | $75.25K |
| ACLEW (ACLEW) | $-33.88 Million | 0.00% | 0.00x | $11.36 |
| Arsenal Digital Holdings Inc. (ADHI) | $1.69 Million | 12.00% | 0.10x | $458.16 |
| AGIG (AGIG) | $-1.03 Million | 0.00% | 0.00x | $16.94K |
| Aker Horizons ASA (AKHOF) | $9.99 Billion | -19.54% | 2.26x | $39.77 Million |
| Alternus Energy Group Plc (ALCE) | $16.59 Million | -113.04% | 11.63x | $698.55K |
| Alaska Hydro Corporation (ALKHF) | $-562.11K | 0.00% | 0.00x | $3.01K |
| Altus Power Inc (AMPS) | $463.06 Million | 11.97% | 1.97x | $266.49 Million |
| Astra Energy Inc (ASRE) | $1.75 Million | -596.04% | 3.32x | $683.50K |
| Altius Renewable Royalties Corp (ATRWF) | $159.06 Million | -2.15% | 0.04x | $105.47 Million |
| Atlantic Wind & Solar Inc (AWSL) | $-2.66 Million | 0.00% | 0.00x | $322.80 |