Línea Directa Aseguradora S.A
Línea Directa Aseguradora, S.A., Compañía de Seguros y Reaseguros engages in insurance and reinsurance business in Spain and Portugal. The company operates through Motor, Home, Health, Other Insurance, and Other Activities segments. The Motor segment offers car, third party, motorcycle, theft, fire, and fleet insurance. The Home Insurance segment offers theft damage, civil liability, fire, and ae… Read more
Línea Directa Aseguradora S.A (LNDAF) - Net Assets
Latest net assets as of June 2025: $377.89 Million USD
Based on the latest financial reports, Línea Directa Aseguradora S.A (LNDAF) has net assets worth $377.89 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 ($1.31 Billion) and total liabilities ($931.40 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 | $377.89 Million |
| % of Total Assets | 28.86% |
| Annual Growth Rate | 2.23% |
| 5-Year Change | -23.33% |
| 10-Year Change | N/A |
| Growth Volatility | 21.24 |
Línea Directa Aseguradora S.A - Net Assets Trend (2017–2024)
This chart illustrates how Línea Directa Aseguradora 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 Línea Directa Aseguradora S.A (2017–2024)
The table below shows the annual net assets of Línea Directa Aseguradora S.A from 2017 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $358.32 Million | +14.47% |
| 2023-12-31 | $313.04 Million | +7.76% |
| 2022-12-31 | $290.50 Million | -23.20% |
| 2021-12-31 | $378.27 Million | -19.06% |
| 2020-12-31 | $467.36 Million | +43.78% |
| 2019-12-31 | $325.06 Million | +12.79% |
| 2018-12-31 | $288.20 Million | -6.17% |
| 2017-12-31 | $307.15 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Línea Directa Aseguradora 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 decreased by 66.1% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $34.22 Million | 9.55% |
| Common Stock | $43.54 Million | 12.15% |
| Other Components | $280.56 Million | 78.30% |
| Total Equity | $358.32 Million | 100.00% |
Línea Directa Aseguradora S.A Competitors by Market Cap
The table below lists competitors of Línea Directa Aseguradora S.A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
7VG
F:7VG
|
$684.88 Million |
|
SonoScape Medical Corp
SHE:300633
|
$684.92 Million |
|
Qingdao Yunlu Advanced Materials Technology Co. Ltd. A
SHG:688190
|
$685.12 Million |
|
Shandong Yisheng Livestock & Poultry Breeding Co Ltd
SHE:002458
|
$685.16 Million |
|
Irish Continental Group plc
PINK:IRCUF
|
$684.83 Million |
|
Andlauer Healthcare Gr
TO:AND
|
$684.64 Million |
|
Winpak Ltd
PINK:WIPKF
|
$684.45 Million |
|
Seneca Foods Corp A
NASDAQ:SENEA
|
$684.24 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Línea Directa Aseguradora S.A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 313,035,000 to 358,317,000, a change of 45,282,000 (14.5%).
- Net income of 64,217,000 contributed positively to equity growth.
- Dividend payments of 30,000,000 reduced retained earnings.
- Share repurchases of 273,000 reduced equity.
- New share issuances of 401,000 increased equity.
- Other comprehensive income increased equity by 17,052,000.
- Other factors decreased equity by 6,115,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $64.22 Million | +17.92% |
| Dividends Paid | $30.00 Million | -8.37% |
| Share Repurchases | $273.00K | -0.08% |
| Share Issuances | $401.00K | +0.11% |
| Other Comprehensive Income | $17.05 Million | +4.76% |
| Other Changes | $-6.12 Million | -1.71% |
| Total Change | $- | 14.47% |
Book Value vs Market Value Analysis
This analysis compares Línea Directa Aseguradora 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: 3.58x
- 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 4.25x to 3.58x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | $0.28 | $1.20 | x |
| 2018-12-31 | $0.26 | $1.20 | x |
| 2019-12-31 | $0.30 | $1.20 | x |
| 2020-12-31 | $0.43 | $1.20 | x |
| 2021-12-31 | $0.35 | $1.20 | x |
| 2022-12-31 | $0.27 | $1.20 | x |
| 2023-12-31 | $0.29 | $1.20 | x |
| 2024-12-31 | $0.33 | $1.20 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Línea Directa Aseguradora 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): 17.92%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.14%
- • Asset Turnover: 0.85x
- • Equity Multiplier: 3.45x
- Recent ROE (17.92%) is below the historical average (25.79%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 36.46% | 13.81% | 0.67x | 3.96x | $81.26 Million |
| 2018 | 40.67% | 13.59% | 0.67x | 4.49x | $88.39 Million |
| 2019 | 33.01% | 11.93% | 0.68x | 4.08x | $74.79 Million |
| 2020 | 28.85% | 14.66% | 0.64x | 3.07x | $88.11 Million |
| 2021 | 29.12% | 11.87% | 0.68x | 3.62x | $72.31 Million |
| 2022 | 21.73% | 6.44% | 0.82x | 4.12x | $34.08 Million |
| 2023 | -1.40% | -0.45% | 0.86x | 3.59x | $-35.69 Million |
| 2024 | 17.92% | 6.14% | 0.85x | 3.45x | $28.39 Million |
Industry Comparison
This section compares Línea Directa Aseguradora S.A's net assets metrics with peer companies in the Insurance - Property & Casualty industry.
Industry Context
- Industry: Insurance - Property & Casualty
- Average net assets among peers: $3,948,110,200
- Average return on equity (ROE) among peers: 16.04%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Línea Directa Aseguradora S.A (LNDAF) | $377.89 Million | 36.46% | 2.46x | $684.86 Million |
| American Coastal Insurance Corp (ACIC) | $45.29 Million | -2.04% | 3.72x | $250.00 Million |
| American Financial Group Inc (AFG) | $1.95 Billion | -0.76% | 7.91x | $8.54 Billion |
| AmTrust Financial Services Inc Pref Series A (AFSIA) | $118.83 Million | 11.87% | 3.19x | $1.69 Billion |
| Aspen Insurance Holdings Limited (AHL) | $2.39 Billion | 15.82% | 1.78x | $14.67 Million |
| American Integrity Insurance Group, Inc. (AII) | $337.02 Million | 29.56% | 2.63x | $227.08 Million |
| Assurant Inc (AIZ) | $3.37 Billion | 2.66% | 6.24x | $10.74 Billion |
| The Allstate Corporation (ALL) | $30.61 Billion | 33.59% | 2.91x | $53.61 Billion |
| Admiral Group plc (AMIGF) | $68.95 Million | 44.87% | 4.47x | $10.33 Billion |
| Ategrity Specialty Insurance Company Holdings (ASIC) | $398.81 Million | 11.81% | 1.82x | $155.46 Million |
| Bowhead Specialty Holdings Inc. (BOW) | $192.08 Million | 13.04% | 4.35x | $707.67 Million |