Enagas SA
Enagás, S.A. engages in the transmission, storage, and regasification of natural gas. It operates through Regulated Gas Activities, Regulated Activities " Hydrogen Infrastructure, New Businesses, and International segments. The company provides gas transmission services through primary and secondary transmission pipelines; and natural gas regasification services, as well as operates underground s… Read more
Enagas SA (ENGGY) - Net Assets
Latest net assets as of September 2025: $2.34 Billion USD
Based on the latest financial reports, Enagas SA (ENGGY) has net assets worth $2.34 Billion USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($6.99 Billion) and total liabilities ($4.65 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 | $2.34 Billion |
| % of Total Assets | 33.51% |
| Annual Growth Rate | 4.59% |
| 5-Year Change | -20.45% |
| 10-Year Change | 0.02% |
| Growth Volatility | 8.73 |
Enagas SA - Net Assets Trend (2003–2024)
This chart illustrates how Enagas 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 Enagas SA (2003–2024)
The table below shows the annual net assets of Enagas SA from 2003 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $2.39 Billion | -20.26% |
| 2023-12-31 | $3.00 Billion | -6.79% |
| 2022-12-31 | $3.22 Billion | +3.76% |
| 2021-12-31 | $3.10 Billion | +3.15% |
| 2020-12-31 | $3.01 Billion | -5.11% |
| 2019-12-31 | $3.17 Billion | +4.26% |
| 2018-12-31 | $3.04 Billion | +3.33% |
| 2017-12-31 | $2.94 Billion | +19.42% |
| 2016-12-31 | $2.46 Billion | +2.98% |
| 2015-12-31 | $2.39 Billion | +5.81% |
| 2014-12-31 | $2.26 Billion | +5.65% |
| 2013-12-31 | $2.14 Billion | +6.71% |
| 2012-12-31 | $2.00 Billion | +7.69% |
| 2011-12-31 | $1.86 Billion | +7.22% |
| 2010-12-31 | $1.74 Billion | -2.15% |
| 2009-12-31 | $1.77 Billion | +23.19% |
| 2008-12-31 | $1.44 Billion | +7.18% |
| 2007-12-31 | $1.34 Billion | +8.80% |
| 2006-12-31 | $1.24 Billion | +11.24% |
| 2005-12-31 | $1.11 Billion | +11.28% |
| 2004-12-31 | $997.84 Million | +7.02% |
| 2003-12-31 | $932.36 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Enagas 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 310.8% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $392.99 Million | 16.54% |
| Other Comprehensive Income | $1.94 Billion | 81.64% |
| Other Components | $342.54 Million | 14.42% |
| Total Equity | $2.38 Billion | 100.00% |
Enagas SA Competitors by Market Cap
The table below lists competitors of Enagas SA ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
HTC Corporation
OTCGREY:HTCKF
|
$1.61 Billion |
|
Shenzhen Topband Co Ltd
SHE:002139
|
$1.61 Billion |
|
Valeo SE
PINK:VLEEF
|
$1.61 Billion |
|
SINOTRANS LTD H YC 1
F:SIY
|
$1.61 Billion |
|
Sichuan Teway Food Group Co Ltd
SHG:603317
|
$1.61 Billion |
|
Boralex Inc
PINK:BRLXF
|
$1.61 Billion |
|
Betsson AB
PINK:BTSBF
|
$1.61 Billion |
|
Allied Gold Corporation
NYSE:AAUC
|
$1.61 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Enagas SA's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,983,686,000 to 2,375,762,000, a change of -607,924,000 (-20.4%).
- Net loss of 299,309,000 reduced equity.
- Dividend payments of 378,886,000 reduced retained earnings.
- Share repurchases of 6,206,000 reduced equity.
- Other comprehensive income decreased equity by 41,336,000.
- Other factors increased equity by 117,813,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-299.31 Million | -12.6% |
| Dividends Paid | $378.89 Million | -15.95% |
| Share Repurchases | $6.21 Million | -0.26% |
| Other Comprehensive Income | $-41.34 Million | -1.74% |
| Other Changes | $117.81 Million | +4.96% |
| Total Change | $- | -20.37% |
Book Value vs Market Value Analysis
This analysis compares Enagas 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: 3.15x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 3.68x to 3.15x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2003-12-31 | $1.95 | $7.18 | x |
| 2004-12-31 | $2.09 | $7.18 | x |
| 2005-12-31 | $2.33 | $7.18 | x |
| 2006-12-31 | $2.59 | $7.18 | x |
| 2007-12-31 | $2.81 | $7.18 | x |
| 2008-12-31 | $3.02 | $7.18 | x |
| 2009-12-31 | $3.72 | $7.18 | x |
| 2010-12-31 | $3.64 | $7.18 | x |
| 2011-12-31 | $3.90 | $7.18 | x |
| 2012-12-31 | $4.20 | $7.18 | x |
| 2013-12-31 | $4.45 | $7.18 | x |
| 2014-12-31 | $4.70 | $7.18 | x |
| 2015-12-31 | $4.98 | $7.18 | x |
| 2016-12-31 | $5.13 | $7.18 | x |
| 2017-12-31 | $5.39 | $7.18 | x |
| 2018-12-31 | $5.59 | $7.18 | x |
| 2019-12-31 | $6.60 | $7.18 | x |
| 2020-12-31 | $5.72 | $7.18 | x |
| 2021-12-31 | $5.90 | $7.18 | x |
| 2022-12-31 | $6.13 | $7.18 | x |
| 2023-12-31 | $5.71 | $7.18 | x |
| 2024-12-31 | $2.28 | $7.18 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Enagas 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): -12.60%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -33.05%
- • Asset Turnover: 0.12x
- • Equity Multiplier: 3.16x
- Recent ROE (-12.60%) is below the historical average (15.23%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2003 | 15.23% | 9.05% | 0.51x | 3.32x | $48.78 Million |
| 2004 | 15.85% | 12.21% | 0.42x | 3.11x | $58.33 Million |
| 2005 | 17.20% | 28.58% | 0.21x | 2.90x | $79.92 Million |
| 2006 | 17.52% | 28.97% | 0.21x | 2.94x | $92.86 Million |
| 2007 | 17.73% | 29.51% | 0.20x | 2.96x | $103.90 Million |
| 2008 | 17.97% | 30.93% | 0.18x | 3.28x | $114.85 Million |
| 2009 | 16.75% | 34.31% | 0.14x | 3.44x | $119.83 Million |
| 2010 | 19.21% | 33.97% | 0.14x | 3.93x | $159.86 Million |
| 2011 | 19.59% | 32.60% | 0.14x | 4.15x | $178.48 Million |
| 2012 | 18.93% | 32.16% | 0.15x | 4.03x | $179.03 Million |
| 2013 | 18.97% | 31.53% | 0.18x | 3.39x | $190.64 Million |
| 2014 | 18.10% | 33.70% | 0.16x | 3.43x | $181.93 Million |
| 2015 | 17.36% | 34.49% | 0.15x | 3.26x | $174.95 Million |
| 2016 | 17.04% | 35.12% | 0.13x | 3.78x | $172.40 Million |
| 2017 | 19.08% | 36.09% | 0.14x | 3.72x | $233.61 Million |
| 2018 | 16.61% | 34.19% | 0.14x | 3.57x | $176.09 Million |
| 2019 | 13.40% | 36.65% | 0.13x | 2.81x | $107.32 Million |
| 2020 | 14.85% | 42.14% | 0.12x | 3.01x | $145.00 Million |
| 2021 | 13.09% | 41.39% | 0.10x | 3.20x | $95.28 Million |
| 2022 | 11.73% | 39.26% | 0.10x | 2.93x | $55.55 Million |
| 2023 | 11.48% | 37.74% | 0.11x | 2.85x | $44.16 Million |
| 2024 | -12.60% | -33.05% | 0.12x | 3.16x | $-536.89 Million |
Industry Comparison
This section compares Enagas SA's net assets metrics with peer companies in the Utilities - Regulated Gas industry.
Industry Context
- Industry: Utilities - Regulated Gas
- Average net assets among peers: $9,591,711,655
- Average return on equity (ROE) among peers: 15.39%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Enagas SA (ENGGY) | $2.34 Billion | 15.23% | 1.98x | $1.61 Billion |
| APA Group (APAJF) | $3.21 Billion | 8.05% | 4.14x | $6.28 Billion |
| Ascopiave S.p.A (ASCOF) | $409.67 Million | 8.69% | 1.12x | $220.54 Million |
| Atmos Energy Corporation (ATO) | $1.65 Billion | 8.96% | 2.47x | $30.35 Billion |
| Beijing Gas Blue Sky Holdings Limited (BJGBF) | $25.42 Million | 42.17% | 3.14x | $31.34 Million |
| Black Hills Corporation (BKH) | $205.40 Million | 15.77% | 1.48x | $5.29 Billion |
| CF Energy Corp (CGFEF) | $47.11 Million | 14.33% | 1.32x | $2.67 Million |
| China Gas Holdings Limited (CGHOF) | $45.80 Billion | 20.06% | 1.45x | $2.35 Billion |
| Chesapeake Utilities Corporation (CPK) | $561.58 Million | 11.60% | 2.18x | $3.01 Billion |
| China Resources Gas Group Limited (CRGGF) | $31.61 Billion | 14.08% | 1.33x | $2.74 Billion |
| China Suntien Green Energy Corporation Limited (CSGEF) | $12.40 Billion | 10.23% | 2.16x | $894.23 Million |