Poste Italiane SpA
Poste Italiane S.p.A. provides postal, logistics, and financial and insurance products and services in Italy. It operates through four segments: Mail, Parcels and Distribution; PostePay Services; Financial Services; and Insurance Services. The Mail, Parcels and Distribution segment engages in the mail, parcel, and logistics activities, as well as provision of welfare services. The PostePay Servic… Read more
Poste Italiane SpA (PITAF) - Net Assets
Latest net assets as of September 2025: $13.40 Billion USD
Based on the latest financial reports, Poste Italiane SpA (PITAF) has net assets worth $13.40 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 ($285.13 Billion) and total liabilities ($271.73 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 | $13.40 Billion |
| % of Total Assets | 4.7% |
| Annual Growth Rate | 10.0% |
| 5-Year Change | 1.76% |
| 10-Year Change | 21.25% |
| Growth Volatility | 27.03 |
Poste Italiane SpA - Net Assets Trend (2005–2024)
This chart illustrates how Poste Italiane SpA's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Poste Italiane SpA (2005–2024)
The table below shows the annual net assets of Poste Italiane SpA from 2005 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $11.71 Billion | +12.18% |
| 2023-12-31 | $10.44 Billion | +16.81% |
| 2022-12-31 | $8.94 Billion | -26.20% |
| 2021-12-31 | $12.11 Billion | +5.24% |
| 2020-12-31 | $11.51 Billion | +18.65% |
| 2019-12-31 | $9.70 Billion | +19.65% |
| 2018-12-31 | $8.11 Billion | +7.35% |
| 2017-12-31 | $7.55 Billion | -7.18% |
| 2016-12-31 | $8.13 Billion | -15.78% |
| 2015-12-31 | $9.66 Billion | +14.73% |
| 2014-12-31 | $8.42 Billion | +18.30% |
| 2013-12-31 | $7.12 Billion | +25.94% |
| 2012-12-31 | $5.65 Billion | +98.39% |
| 2011-12-31 | $2.85 Billion | -35.02% |
| 2010-12-31 | $4.38 Billion | -4.19% |
| 2009-12-31 | $4.57 Billion | +33.70% |
| 2008-12-31 | $3.42 Billion | +11.35% |
| 2007-12-31 | $3.07 Billion | +23.00% |
| 2006-12-31 | $2.50 Billion | +30.52% |
| 2005-12-31 | $1.91 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Poste Italiane SpA'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 1448.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $8.86 Billion | 76.45% |
| Common Stock | $1.31 Billion | 11.28% |
| Other Components | $1.42 Billion | 12.28% |
| Total Equity | $11.58 Billion | 100.00% |
Poste Italiane SpA Competitors by Market Cap
The table below lists competitors of Poste Italiane SpA ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Deutsche Lufthansa AG
OTCQX:DLAKF
|
$6.63 Billion |
|
Taiwan Cement Corp
PINK:TGBMF
|
$6.63 Billion |
|
Kikkoman Corporation
PINK:KIKOF
|
$6.63 Billion |
|
Idemitsu Kosan Co.Ltd
OTCGREY:IDKOF
|
$6.63 Billion |
|
Alstom SA
PINK:AOMFF
|
$6.62 Billion |
|
Fortum Oyj
PINK:FOJCF
|
$6.61 Billion |
|
El Puerto de Liverpool S.A.B. de C.V
PINK:ELPQF
|
$6.60 Billion |
|
QuantumCTek Co Ltd
SHG:688027
|
$6.60 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Poste Italiane SpA's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 10,322,000,000 to 11,583,000,000, a change of 1,261,000,000 (12.2%).
- Net income of 1,994,000,000 contributed positively to equity growth.
- Dividend payments of 1,165,000,000 reduced retained earnings.
- Share repurchases of 44,000,000 reduced equity.
- Other comprehensive income decreased equity by 279,000,000.
- Other factors increased equity by 755,000,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $1.99 Billion | +17.21% |
| Dividends Paid | $1.17 Billion | -10.06% |
| Share Repurchases | $44.00 Million | -0.38% |
| Other Comprehensive Income | $-279.00 Million | -2.41% |
| Other Changes | $755.00 Million | +6.52% |
| Total Change | $- | 12.22% |
Book Value vs Market Value Analysis
This analysis compares Poste Italiane SpA'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: 1.63x
- 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 9.94x to 1.63x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-12-31 | $1.47 | $14.56 | x |
| 2006-12-31 | $1.91 | $14.56 | x |
| 2007-12-31 | $2.35 | $14.56 | x |
| 2008-12-31 | $2.62 | $14.56 | x |
| 2009-12-31 | $3.50 | $14.56 | x |
| 2010-12-31 | $3.36 | $14.56 | x |
| 2011-12-31 | $2.18 | $14.56 | x |
| 2012-12-31 | $4.33 | $14.56 | x |
| 2013-12-31 | $5.45 | $14.56 | x |
| 2014-12-31 | $6.45 | $14.56 | x |
| 2015-12-31 | $7.39 | $14.56 | x |
| 2016-12-31 | $6.23 | $14.56 | x |
| 2017-12-31 | $5.79 | $14.56 | x |
| 2018-12-31 | $6.20 | $14.56 | x |
| 2019-12-31 | $7.46 | $14.56 | x |
| 2020-12-31 | $8.84 | $14.56 | x |
| 2021-12-31 | $9.30 | $14.56 | x |
| 2022-12-31 | $6.85 | $14.56 | x |
| 2023-12-31 | $7.96 | $14.56 | x |
| 2024-12-31 | $8.95 | $14.56 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Poste Italiane SpA 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): 17.21%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 14.79%
- • Asset Turnover: 0.05x
- • Equity Multiplier: 23.92x
- Recent ROE (17.21%) is above the historical average (16.84%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 18.23% | 2.29% | 0.22x | 35.81x | $157.50 Million |
| 2006 | 27.04% | 4.24% | 0.21x | 31.11x | $425.83 Million |
| 2007 | 27.45% | 5.33% | 0.20x | 25.97x | $536.35 Million |
| 2008 | 25.79% | 4.99% | 0.21x | 24.41x | $540.42 Million |
| 2009 | 19.76% | 4.55% | 0.22x | 19.88x | $446.50 Million |
| 2010 | 23.22% | 4.71% | 0.23x | 21.84x | $579.61 Million |
| 2011 | 29.72% | 3.93% | 0.22x | 34.77x | $561.56 Million |
| 2012 | 18.27% | 5.05% | 0.17x | 21.34x | $467.44 Million |
| 2013 | 14.12% | 3.85% | 0.19x | 18.82x | $293.37 Million |
| 2014 | 2.52% | 0.75% | 0.18x | 18.88x | $-629.80 Million |
| 2015 | 5.72% | 1.80% | 0.17x | 18.21x | $-413.80 Million |
| 2016 | 7.65% | 1.88% | 0.17x | 23.75x | $-191.40 Million |
| 2017 | 9.13% | 2.06% | 0.16x | 26.84x | $-66.00 Million |
| 2018 | 17.26% | 4.71% | 0.14x | 25.77x | $588.50 Million |
| 2019 | 13.84% | 4.10% | 0.14x | 24.57x | $372.20 Million |
| 2020 | 10.49% | 4.02% | 0.11x | 23.68x | $56.80 Million |
| 2021 | 13.04% | 4.98% | 0.11x | 23.53x | $367.80 Million |
| 2022 | 17.74% | 13.63% | 0.04x | 29.42x | $688.70 Million |
| 2023 | 18.62% | 15.23% | 0.05x | 26.24x | $889.80 Million |
| 2024 | 17.21% | 14.79% | 0.05x | 23.92x | $835.70 Million |
Industry Comparison
This section compares Poste Italiane SpA's net assets metrics with peer companies in the Conglomerates industry.
Industry Context
- Industry: Conglomerates
- Average net assets among peers: $104,908,722,791
- Average return on equity (ROE) among peers: -580.34%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Poste Italiane SpA (PITAF) | $13.40 Billion | 18.23% | 20.28x | $6.62 Billion |
| American Biltrite Inc (ABLT) | $54.10 Million | 22.74% | 0.53x | $786.16K |
| Agro Capital Management Corp (ACMB) | $-7.15 Million | 0.00% | 0.00x | $1.01 Million |
| African Discovery Group Inc (AFDG) | $54.66K | -5848.93% | 8.34x | $87.96 |
| Asahi Kaisei Corp (AHKSY) | $824.45 Billion | 6.51% | 1.18x | $14.57 Billion |
| Ai Holdings Corporation (AIHZF) | $80.51 Billion | 19.48% | 0.17x | $516.06 Million |
| Air T Inc (AIRT) | $21.31 Million | -34.15% | 5.60x | $21.25 Million |
| Alliance Global Group Inc (ALGGY) | $144.01 Billion | 9.65% | 0.89x | $1.28 Billion |
| Alpine 4 Holdings Inc (ALPP) | $-3.86 Million | 0.00% | 0.00x | $13.53K |
| Alaska Power & Telephone Company (APTL) | $48.02 Million | 21.25% | 1.61x | $538.24K |
| Alliance Recovery Corporation (ARVY) | $-1.81 Million | 0.00% | 0.00x | $26.21 |