Hellenic Exchanges - Athens Stock Exchange SA
Hellenic Exchanges - Athens Stock Exchange S.A. provides support services for the operation of the Greek capital market. The company operates through Trading, Post trading, Listing, Data Services, IT and digital services, and Ancillary services segments. It provides clearing, settlement, and registry services; cross-border trades; initial public offers (IPOs) and corporate actions related service… Read more
Hellenic Exchanges - Athens Stock Exchange SA (HEHSF) - Net Assets
Latest net assets as of September 2025: $122.65 Million USD
Based on the latest financial reports, Hellenic Exchanges - Athens Stock Exchange SA (HEHSF) has net assets worth $122.65 Million USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($616.82 Million) and total liabilities ($494.17 Million). 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 | $122.65 Million |
| % of Total Assets | 19.88% |
| Annual Growth Rate | -5.2% |
| 5-Year Change | 4.59% |
| 10-Year Change | -37.97% |
| Growth Volatility | 13.39 |
Hellenic Exchanges - Athens Stock Exchange SA - Net Assets Trend (2004–2024)
This chart illustrates how Hellenic Exchanges - Athens Stock Exchange 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 Hellenic Exchanges - Athens Stock Exchange SA (2004–2024)
The table below shows the annual net assets of Hellenic Exchanges - Athens Stock Exchange SA from 2004 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $110.36 Million | +5.61% |
| 2023-12-31 | $104.49 Million | +3.11% |
| 2022-12-31 | $101.34 Million | -6.60% |
| 2021-12-31 | $108.51 Million | +2.83% |
| 2020-12-31 | $105.52 Million | -2.33% |
| 2019-12-31 | $108.03 Million | -2.45% |
| 2018-12-31 | $110.74 Million | -6.94% |
| 2017-12-31 | $118.99 Million | -15.42% |
| 2016-12-31 | $140.69 Million | -20.92% |
| 2015-12-31 | $177.90 Million | -5.98% |
| 2014-12-31 | $189.21 Million | +4.67% |
| 2013-12-31 | $180.76 Million | +18.51% |
| 2012-12-31 | $152.53 Million | -0.09% |
| 2011-12-31 | $152.67 Million | +2.69% |
| 2010-12-31 | $148.67 Million | -1.26% |
| 2009-12-31 | $150.57 Million | -6.12% |
| 2008-12-31 | $160.39 Million | -15.21% |
| 2007-12-31 | $189.17 Million | +22.41% |
| 2006-12-31 | $154.54 Million | -23.57% |
| 2005-12-31 | $202.19 Million | -37.09% |
| 2004-12-31 | $321.39 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Hellenic Exchanges - Athens Stock Exchange 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 grown by 6042800000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $60.43 Million | 54.76% |
| Common Stock | $25.35 Million | 22.97% |
| Other Comprehensive Income | $22.27 Million | 20.18% |
| Other Components | $2.31 Million | 2.09% |
| Total Equity | $110.36 Million | 100.00% |
Hellenic Exchanges - Athens Stock Exchange SA Competitors by Market Cap
The table below lists competitors of Hellenic Exchanges - Athens Stock Exchange SA ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Xiamen Solex High-Tech Industries Co Ltd
SHG:603992
|
$340.62 Million |
|
Crombie Real Estate Investment Trust
PINK:CROMF
|
$340.68 Million |
|
DoubleU Games Co Ltd
KO:192080
|
$340.72 Million |
|
Leon's Furniture Limited
PINK:LEFUF
|
$340.73 Million |
|
Chatham Lodging Trust REIT
NYSE:CLDT
|
$340.42 Million |
|
Sella Capital Real Estate Ltd
PINK:STCPF
|
$340.23 Million |
|
Akebia Ther
NASDAQ:AKBA
|
$340.21 Million |
|
Arafura Resources Limited
DU:REB
|
$340.10 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hellenic Exchanges - Athens Stock Exchange SA's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 104,492,000 to 110,357,000, a change of 5,865,000 (5.6%).
- Net income of 17,336,000 contributed positively to equity growth.
- Dividend payments of 14,484,000 reduced retained earnings.
- Other comprehensive income increased equity by 587,999.
- Other factors increased equity by 2,425,001.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $17.34 Million | +15.71% |
| Dividends Paid | $14.48 Million | -13.12% |
| Other Comprehensive Income | $588.00K | +0.53% |
| Other Changes | $2.43 Million | +2.2% |
| Total Change | $- | 5.61% |
Book Value vs Market Value Analysis
This analysis compares Hellenic Exchanges - Athens Stock Exchange 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: 3.09x
- 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 increased from 1.72x to 3.09x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2002-12-31 | $3.44 | $5.90 | x |
| 2003-12-31 | $3.92 | $5.90 | x |
| 2004-12-31 | $4.59 | $5.90 | x |
| 2005-12-31 | $2.91 | $5.90 | x |
| 2006-12-31 | $2.21 | $5.90 | x |
| 2007-12-31 | $2.69 | $5.90 | x |
| 2008-12-31 | $2.33 | $5.90 | x |
| 2009-12-31 | $2.30 | $5.90 | x |
| 2010-12-31 | $2.27 | $5.90 | x |
| 2011-12-31 | $2.34 | $5.90 | x |
| 2012-12-31 | $2.33 | $5.90 | x |
| 2013-12-31 | $2.77 | $5.90 | x |
| 2014-12-31 | $2.89 | $5.90 | x |
| 2015-12-31 | $2.72 | $5.90 | x |
| 2016-12-31 | $2.20 | $5.90 | x |
| 2017-12-31 | $1.97 | $5.90 | x |
| 2018-12-31 | $1.83 | $5.90 | x |
| 2019-12-31 | $1.79 | $5.90 | x |
| 2020-12-31 | $1.75 | $5.90 | x |
| 2021-12-31 | $1.80 | $5.90 | x |
| 2022-12-31 | $1.72 | $5.90 | x |
| 2023-12-31 | $1.81 | $5.90 | x |
| 2024-12-31 | $1.91 | $5.90 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hellenic Exchanges - Athens Stock Exchange 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): 15.71%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 32.16%
- • Asset Turnover: 0.11x
- • Equity Multiplier: 4.45x
- Recent ROE (15.71%) is above the historical average (13.95%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | -8.98% | -32.91% | 0.24x | 1.12x | $-42.52 Million |
| 2003 | 18.15% | 67.55% | 0.23x | 1.18x | $21.02 Million |
| 2004 | 22.64% | 110.05% | 0.18x | 1.17x | $40.54 Million |
| 2005 | 13.42% | 36.71% | 0.31x | 1.16x | $6.91 Million |
| 2006 | 37.58% | 49.10% | 0.57x | 1.35x | $42.61 Million |
| 2007 | 48.12% | 56.46% | 0.67x | 1.28x | $72.11 Million |
| 2008 | 40.54% | 59.99% | 0.59x | 1.15x | $48.98 Million |
| 2009 | 19.60% | 38.60% | 0.42x | 1.21x | $14.45 Million |
| 2010 | 14.31% | 34.51% | 0.36x | 1.15x | $6.41 Million |
| 2011 | 14.10% | 52.28% | 0.25x | 1.09x | $6.26 Million |
| 2012 | 7.81% | 36.77% | 0.20x | 1.08x | $-3.33 Million |
| 2013 | 17.86% | 40.41% | 0.37x | 1.20x | $14.21 Million |
| 2014 | 11.11% | 46.56% | 0.07x | 3.19x | $2.09 Million |
| 2015 | 5.08% | 26.84% | 0.05x | 3.62x | $-8.75 Million |
| 2016 | 1.02% | 5.58% | 0.07x | 2.56x | $-12.64 Million |
| 2017 | 2.59% | 11.67% | 0.09x | 2.44x | $-8.82 Million |
| 2018 | 2.73% | 12.00% | 0.09x | 2.49x | $-8.05 Million |
| 2019 | 5.63% | 19.12% | 0.10x | 2.87x | $-4.72 Million |
| 2020 | 3.67% | 12.73% | 0.09x | 3.30x | $-6.68 Million |
| 2021 | 7.56% | 22.93% | 0.10x | 3.42x | $-2.64 Million |
| 2022 | 8.11% | 21.92% | 0.10x | 3.59x | $-1.92 Million |
| 2023 | 12.44% | 27.79% | 0.12x | 3.79x | $2.55 Million |
| 2024 | 15.71% | 32.16% | 0.11x | 4.45x | $6.30 Million |
Industry Comparison
This section compares Hellenic Exchanges - Athens Stock Exchange SA's net assets metrics with peer companies in the Financial Data & Stock Exchanges industry.
Industry Context
- Industry: Financial Data & Stock Exchanges
- Average net assets among peers: $9,077,174,558
- Average return on equity (ROE) among peers: -171.20%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hellenic Exchanges - Athens Stock Exchange SA (HEHSF) | $122.65 Million | -8.98% | 4.03x | $340.54 Million |
| ASX Limited (ASXFF) | $2.76 Billion | 10.63% | 2.45x | $7.32 Billion |
| B3 S.A. - Brasil Bolsa Balcão (BOLSY) | $25.40 Billion | 10.69% | 0.58x | $16.93 Billion |
| Bolsa Mexicana de Valores S.A.B. de C.V (BOMXF) | $7.67 Billion | 19.68% | 0.15x | $1.05 Billion |
| Bursa Malaysia Bhd Ord (BSMAF) | $827.48 Million | 20.92% | 1.10x | $835.52 Million |
| Bit Origin Ltd (BTOG) | $909.58K | -1927.48% | 6.35x | $2.63 Million |
| Cboe Global Markets Inc (CBOE) | $3.60 Billion | 14.67% | 0.89x | $30.38 Billion |
| CME Group Inc (CME) | $28.73 Billion | 14.08% | 5.91x | $110.13 Billion |
| Coinbase Global Inc (COIN) | $10.28 Billion | 25.10% | 1.19x | $46.24 Billion |
| Deutsche Börse AG (DBOEF) | $11.26 Billion | 17.31% | 18.73x | $44.04 Billion |
| Dun & Bradstreet Holdings Inc. (DNB) | $250.60 Million | 82.44% | 4.68x | $2.89 Billion |