Fincantieri S.p.A
Fincantieri S.p.A. operates in the shipbuilding industry worldwide. The Shipbuilding segment designs and constructs cruise ships; expedition cruise vessels; naval vessels, such as aircraft carriers, destroyers, frigates, corvettes, patrol vessels, amphibious and logistic support ships, multirole and research vessels, special vessels, and submarines, as well as product lifecycle management, and tr… Read more
Fincantieri S.p.A (FNCNF) - Net Assets
Latest net assets as of June 2025: $870.53 Million USD
Based on the latest financial reports, Fincantieri S.p.A (FNCNF) has net assets worth $870.53 Million USD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($10.43 Billion) and total liabilities ($9.56 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 | $870.53 Million |
| % of Total Assets | 8.35% |
| Annual Growth Rate | 0.27% |
| 5-Year Change | 8.83% |
| 10-Year Change | -33.25% |
| Growth Volatility | 27.05 |
Fincantieri S.p.A - Net Assets Trend (2005–2024)
This chart illustrates how Fincantieri S.p.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 Fincantieri S.p.A (2005–2024)
The table below shows the annual net assets of Fincantieri S.p.A from 2005 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $845.11 Million | +94.65% |
| 2023-12-31 | $434.16 Million | -26.03% |
| 2022-12-31 | $586.90 Million | -29.65% |
| 2021-12-31 | $834.24 Million | +7.43% |
| 2020-12-31 | $776.57 Million | -26.03% |
| 2019-12-31 | $1.05 Billion | -16.21% |
| 2018-12-31 | $1.25 Billion | -4.29% |
| 2017-12-31 | $1.31 Billion | +5.46% |
| 2016-12-31 | $1.24 Billion | -1.95% |
| 2015-12-31 | $1.27 Billion | -17.24% |
| 2014-12-31 | $1.53 Billion | +26.38% |
| 2013-12-31 | $1.21 Billion | +26.56% |
| 2012-12-31 | $956.54 Million | +0.59% |
| 2011-12-31 | $950.94 Million | +1.43% |
| 2010-12-31 | $937.55 Million | -11.10% |
| 2009-12-31 | $1.05 Billion | +26.29% |
| 2008-12-31 | $835.09 Million | +0.02% |
| 2007-12-31 | $834.95 Million | +3.12% |
| 2006-12-31 | $809.69 Million | +0.78% |
| 2005-12-31 | $803.40 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Fincantieri S.p.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 57.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $98.28 Million | 11.57% |
| Common Stock | $878.29 Million | 103.39% |
| Other Comprehensive Income | $-613.26 Million | -72.19% |
| Other Components | $486.16 Million | 57.23% |
| Total Equity | $849.46 Million | 100.00% |
Fincantieri S.p.A Competitors by Market Cap
The table below lists competitors of Fincantieri S.p.A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Srisawad Corporation Public Company Limited
BK:SAWAD-R
|
$987.24 Million |
|
Shanghai Bailian Group Co Ltd A
SHG:600827
|
$987.40 Million |
|
Mayinglong Pharmaceutical Group Co Ltd
SHG:600993
|
$987.44 Million |
|
OEM-International AB Series B
LSE:0QTY
|
$987.47 Million |
|
PageGroup plc
PINK:MPGPF
|
$986.99 Million |
|
GRAND PHARM. GRP. HD-01
F:MX6A
|
$986.35 Million |
|
Kunshan Kersen Science & Tech
SHG:603626
|
$986.15 Million |
|
Redde Northgate PLC
F:21W
|
$985.84 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Fincantieri S.p.A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 433,120,000 to 849,463,000, a change of 416,343,000 (96.1%).
- Net income of 32,833,000 contributed positively to equity growth.
- Dividend payments of 200,000 reduced retained earnings.
- New share issuances of 388,873,000 increased equity.
- Other comprehensive income decreased equity by 65,467,000.
- Other factors increased equity by 60,304,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $32.83 Million | +3.87% |
| Dividends Paid | $200.00K | -0.02% |
| Share Issuances | $388.87 Million | +45.78% |
| Other Comprehensive Income | $-65.47 Million | -7.71% |
| Other Changes | $60.30 Million | +7.1% |
| Total Change | $- | 96.13% |
Book Value vs Market Value Analysis
This analysis compares Fincantieri S.p.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: 2.11x
- 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 9.07x to 2.11x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-12-31 | $1.17 | $10.58 | x |
| 2007-12-31 | $1.20 | $10.58 | x |
| 2008-12-31 | $1.19 | $10.58 | x |
| 2009-12-31 | $1.20 | $10.58 | x |
| 2010-12-31 | $0.71 | $10.58 | x |
| 2011-12-31 | $0.48 | $10.58 | x |
| 2012-12-31 | $0.49 | $10.58 | x |
| 2013-12-31 | $0.74 | $10.58 | x |
| 2014-12-31 | $0.85 | $10.58 | x |
| 2015-12-31 | $0.65 | $10.58 | x |
| 2016-12-31 | $0.64 | $10.58 | x |
| 2017-12-31 | $0.73 | $10.58 | x |
| 2018-12-31 | $0.74 | $10.58 | x |
| 2019-12-31 | $0.60 | $10.58 | x |
| 2020-12-31 | $0.45 | $10.58 | x |
| 2021-12-31 | $0.48 | $10.58 | x |
| 2022-12-31 | $0.34 | $10.58 | x |
| 2023-12-31 | $1.95 | $10.58 | x |
| 2024-12-31 | $5.02 | $10.58 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Fincantieri S.p.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): 3.87%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.41%
- • Asset Turnover: 0.83x
- • Equity Multiplier: 11.26x
- Recent ROE (3.87%) is above the historical average (-5.40%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 4.74% | 1.58% | 0.75x | 4.01x | $-42.61 Million |
| 2007 | 4.34% | 1.41% | 0.85x | 3.62x | $-47.21 Million |
| 2008 | 1.24% | 0.36% | 0.99x | 3.45x | $-72.19 Million |
| 2009 | -6.29% | -2.14% | 0.90x | 3.27x | $-169.82 Million |
| 2010 | -13.72% | -4.84% | 0.80x | 3.54x | $-218.66 Million |
| 2011 | 0.95% | 0.38% | 0.75x | 3.33x | $-84.50 Million |
| 2012 | 1.63% | 0.67% | 0.80x | 3.06x | $-78.61 Million |
| 2013 | 5.86% | 1.52% | 0.78x | 4.96x | $-40.12 Million |
| 2014 | 5.11% | 1.55% | 0.78x | 4.25x | $-64.07 Million |
| 2015 | -15.34% | -4.23% | 0.68x | 5.36x | $-288.41 Million |
| 2016 | 2.35% | 0.59% | 0.77x | 5.23x | $-83.12 Million |
| 2017 | 4.62% | 1.16% | 0.77x | 5.17x | $-66.54 Million |
| 2018 | 5.78% | 1.35% | 0.74x | 5.77x | $-52.86 Million |
| 2019 | -13.87% | -2.45% | 0.79x | 7.13x | $-243.09 Million |
| 2020 | -31.53% | -4.13% | 0.67x | 11.41x | $-316.20 Million |
| 2021 | 2.66% | 0.32% | 0.75x | 11.09x | $-60.08 Million |
| 2022 | -52.75% | -4.20% | 0.84x | 14.88x | $-367.42 Million |
| 2023 | -12.20% | -0.71% | 0.86x | 20.11x | $-96.14 Million |
| 2024 | 3.87% | 0.41% | 0.83x | 11.26x | $-52.11 Million |
Industry Comparison
This section compares Fincantieri S.p.A's net assets metrics with peer companies in the Aerospace & Defense industry.
Industry Context
- Industry: Aerospace & Defense
- Average net assets among peers: $301,480,945
- Average return on equity (ROE) among peers: 29.17%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Fincantieri S.p.A (FNCNF) | $870.53 Million | 4.74% | 10.98x | $987.15 Million |
| Alabama Aircraft Industries Inc (AAIIQ) | $3.00 Million | 70.00% | 22.83x | $0.97 |
| AAC Clyde Space AB (ACCMF) | $662.75 Million | -6.24% | 0.42x | $49.09 Million |
| Archer Aviation Inc (ACHR) | $698.90 Million | -49.76% | 0.10x | $3.44 Billion |
| American Defense Systems Inc (ADFS) | $9.01 Million | 34.56% | 0.45x | $4.85K |
| AAR Corp (AIR) | $866.00 Million | 7.82% | 1.54x | $4.16 Billion |
| Air Industries Group (AIRI) | $21.61 Million | 17.30% | 1.32x | $12.09 Million |
| AIRO Group Holdings, Inc. Common Stock (AIRO) | $548.73 Million | -7.05% | 0.28x | $168.72 Million |
| Philly Shipyard ASA (AKRRF) | $155.58 Million | 43.21% | 0.63x | $13.32 Million |
| ASI Aviation Inc (ASAV) | $6.88 | 150.58% | 2.47x | $2.48 Million |
| Astronics Corporation (ATRO) | $49.23 Million | 31.26% | 1.11x | $2.35 Billion |