Manitou BF SA
Manitou BF SA, together with its subsidiaries, engages in the development, manufacture, and distribution of equipment and services in France, Southern Europe, Northern Europe, the Americas, Asia, the Pacific, Africa, and the Middle East. The company operates in two segments, Product, and Services and Solutions. It offers material handling, access, and earthmoving equipment, including rough-terrai… Read more
Manitou BF SA (MAOIF) - Net Assets
Latest net assets as of June 2025: $935.43 Million USD
Based on the latest financial reports, Manitou BF SA (MAOIF) has net assets worth $935.43 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 ($1.99 Billion) and total liabilities ($1.06 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 | $935.43 Million |
| % of Total Assets | 46.93% |
| Annual Growth Rate | 4.77% |
| 5-Year Change | 46.56% |
| 10-Year Change | 97.14% |
| Growth Volatility | 10.06 |
Manitou BF SA - Net Assets Trend (2002–2024)
This chart illustrates how Manitou BF 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 Manitou BF SA (2002–2024)
The table below shows the annual net assets of Manitou BF SA from 2002 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $975.77 Million | +9.00% |
| 2023-12-31 | $895.18 Million | +13.09% |
| 2022-12-31 | $791.58 Million | +5.37% |
| 2021-12-31 | $751.26 Million | +12.84% |
| 2020-12-31 | $665.79 Million | +0.17% |
| 2019-12-31 | $664.65 Million | +11.34% |
| 2018-12-31 | $596.97 Million | +11.98% |
| 2017-12-31 | $533.10 Million | +4.13% |
| 2016-12-31 | $511.96 Million | +3.43% |
| 2015-12-31 | $494.97 Million | +8.69% |
| 2014-12-31 | $455.41 Million | +10.21% |
| 2013-12-31 | $413.22 Million | -5.35% |
| 2012-12-31 | $436.59 Million | +7.20% |
| 2011-12-31 | $407.25 Million | +22.36% |
| 2010-12-31 | $332.84 Million | -0.44% |
| 2009-12-31 | $334.30 Million | -28.73% |
| 2008-12-31 | $469.06 Million | -10.97% |
| 2007-12-31 | $526.86 Million | +4.18% |
| 2006-12-31 | $505.72 Million | +8.90% |
| 2005-12-31 | $464.39 Million | +11.43% |
| 2004-12-31 | $416.75 Million | +10.22% |
| 2003-12-31 | $378.12 Million | +8.09% |
| 2002-12-31 | $349.81 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Manitou BF 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 100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $39.67 Million | 4.07% |
| Other Components | $935.97 Million | 95.93% |
| Total Equity | $975.64 Million | 100.00% |
Manitou BF SA Competitors by Market Cap
The table below lists competitors of Manitou BF SA ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Ningbo Cixing
SHE:300307
|
$403.43 Million |
|
Grupo Profuturo S.A.B. de C.V
MX:GPROFUT
|
$403.53 Million |
|
Sinomach Automobile Co Ltd
SHG:600335
|
$403.62 Million |
|
Top Energy Shanxi Co Ltd
SHG:600780
|
$403.69 Million |
|
KOMORI CORP.
F:KOI
|
$403.15 Million |
|
Henan Jindan Lactic Acid Technology
SHE:300829
|
$403.15 Million |
|
Doman Building Materials Group Ltd
PINK:CWXZF
|
$403.14 Million |
|
SSAW Hotels & Resorts Group Co.Ltd.
SHE:301073
|
$403.13 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Manitou BF SA's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 894,755,000 to 975,639,000, a change of 80,884,000 (9.0%).
- Net income of 121,877,000 contributed positively to equity growth.
- Dividend payments of 51,779,000 reduced retained earnings.
- New share issuances of 79,000 increased equity.
- Other comprehensive income decreased equity by 1,113,000.
- Other factors increased equity by 11,820,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $121.88 Million | +12.49% |
| Dividends Paid | $51.78 Million | -5.31% |
| Share Issuances | $79.00K | +0.01% |
| Other Comprehensive Income | $-1.11 Million | -0.11% |
| Other Changes | $11.82 Million | +1.21% |
| Total Change | $- | 9.04% |
Book Value vs Market Value Analysis
This analysis compares Manitou BF 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: 0.98x
- 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.
- The price-to-book ratio has decreased from 2.85x to 0.98x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2002-12-31 | $8.77 | $24.99 | x |
| 2003-12-31 | $9.50 | $24.99 | x |
| 2004-12-31 | $10.70 | $24.99 | x |
| 2005-12-31 | $12.11 | $24.99 | x |
| 2006-12-31 | $13.19 | $24.99 | x |
| 2007-12-31 | $14.11 | $24.99 | x |
| 2008-12-31 | $12.41 | $24.99 | x |
| 2009-12-31 | $9.03 | $24.99 | x |
| 2010-12-31 | $8.97 | $24.99 | x |
| 2011-12-31 | $10.51 | $24.99 | x |
| 2012-12-31 | $11.16 | $24.99 | x |
| 2013-12-31 | $12.30 | $24.99 | x |
| 2014-12-31 | $11.54 | $24.99 | x |
| 2015-12-31 | $12.56 | $24.99 | x |
| 2016-12-31 | $13.24 | $24.99 | x |
| 2017-12-31 | $13.91 | $24.99 | x |
| 2018-12-31 | $15.48 | $24.99 | x |
| 2019-12-31 | $17.22 | $24.99 | x |
| 2020-12-31 | $17.33 | $24.99 | x |
| 2021-12-31 | $19.60 | $24.99 | x |
| 2022-12-31 | $20.67 | $24.99 | x |
| 2023-12-31 | $23.40 | $24.99 | x |
| 2024-12-31 | $25.50 | $24.99 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Manitou BF 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): 12.49%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.59%
- • Asset Turnover: 1.27x
- • Equity Multiplier: 2.15x
- Recent ROE (12.49%) is above the historical average (7.98%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 13.88% | 6.79% | 1.21x | 1.68x | $12.85 Million |
| 2003 | 12.95% | 6.81% | 1.09x | 1.75x | $10.57 Million |
| 2004 | 14.65% | 7.23% | 1.14x | 1.77x | $18.80 Million |
| 2005 | 16.12% | 7.49% | 1.26x | 1.71x | $28.01 Million |
| 2006 | 17.62% | 7.79% | 1.28x | 1.76x | $37.98 Million |
| 2007 | 16.45% | 6.83% | 1.35x | 1.78x | $33.74 Million |
| 2008 | 2.23% | 0.81% | 0.97x | 2.83x | $-36.18 Million |
| 2009 | -39.30% | -19.18% | 0.80x | 2.57x | $-164.64 Million |
| 2010 | -5.01% | -1.99% | 1.05x | 2.41x | $-49.93 Million |
| 2011 | 8.94% | 3.22% | 1.27x | 2.18x | $-4.31 Million |
| 2012 | 10.39% | 3.59% | 1.48x | 1.96x | $1.71 Million |
| 2013 | 0.16% | 0.06% | 1.41x | 2.02x | $-40.65 Million |
| 2014 | 6.67% | 2.44% | 1.35x | 2.03x | $-15.16 Million |
| 2015 | 6.53% | 2.51% | 1.34x | 1.94x | $-17.19 Million |
| 2016 | 8.38% | 3.22% | 1.31x | 1.99x | $-8.28 Million |
| 2017 | 11.29% | 3.77% | 1.45x | 2.07x | $6.84 Million |
| 2018 | 14.20% | 4.47% | 1.46x | 2.18x | $24.87 Million |
| 2019 | 14.51% | 4.57% | 1.51x | 2.10x | $29.74 Million |
| 2020 | 5.97% | 2.50% | 1.25x | 1.92x | $-26.73 Million |
| 2021 | 11.56% | 4.63% | 1.25x | 2.01x | $11.73 Million |
| 2022 | 6.92% | 2.32% | 1.34x | 2.23x | $-24.36 Million |
| 2023 | 16.03% | 4.99% | 1.33x | 2.42x | $53.92 Million |
| 2024 | 12.49% | 4.59% | 1.27x | 2.15x | $24.31 Million |
Industry Comparison
This section compares Manitou BF SA's net assets metrics with peer companies in the Farm & Heavy Construction Machinery industry.
Industry Context
- Industry: Farm & Heavy Construction Machinery
- Average net assets among peers: $405,749,501
- Average return on equity (ROE) among peers: 1.57%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Manitou BF SA (MAOIF) | $935.43 Million | 13.88% | 1.13x | $403.20 Million |
| Aebi Schmidt Holding AG - Common Stock (AEBI) | $365.18 Million | 8.40% | 1.98x | $483.70 Million |
| AGCO Corporation (AGCO) | $3.10 Billion | 6.02% | 1.58x | $7.13 Billion |
| Agrify Corp (AGFY) | $-9.27 Million | 0.00% | 0.00x | $58.43 Million |
| Ag Growth International Inc (AGGZF) | $110.78 Million | 17.74% | 0.30x | $363.58 Million |
| Alamo Group Inc (ALG) | $106.91 Million | 3.85% | 0.51x | $1.99 Billion |
| AmeraMex International Inc (AMMX) | $-557.03K | 0.00% | 0.00x | $1.43 Million |
| Arts-Way Manufacturing Co Inc (ARTW) | $12.09 Million | 2.54% | 0.76x | $4.69 Million |
| Astec Industries Inc (ASTE) | $193.89 Million | -2.43% | 1.15x | $1.20 Billion |
| Austin Engineering Limited (AUSTF) | $119.42 Million | -41.40% | 1.27x | $116.99 Million |
| Buhler Industries Inc (BIIAF) | $63.76 Million | 20.96% | 1.45x | $1.51 Million |