Safilo Group S.p.A
Safilo Group S.p.A. engages in the design, manufacture, and distribution of optical frames, sunglasses, sports eyewear, goggles, and helmets in North America, Europe, the Asia Pacific, and internationally. The company offers its products under the own brands, including Carrera, Polaroid Eyewear, Seventh Street, Smith, Blenders Eyewear, and Privé Revaux Eyewear; and licensed brands, such as BOSS, … Read more
Safilo Group S.p.A (SAFLF) - Net Assets
Latest net assets as of June 2025: $413.80 Million USD
Based on the latest financial reports, Safilo Group S.p.A (SAFLF) has net assets worth $413.80 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 ($800.65 Million) and total liabilities ($386.86 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 | $413.80 Million |
| % of Total Assets | 51.68% |
| Annual Growth Rate | -0.26% |
| 5-Year Change | 129.36% |
| 10-Year Change | -57.19% |
| Growth Volatility | 38.82 |
Safilo Group S.p.A - Net Assets Trend (2004–2024)
This chart illustrates how Safilo Group 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 Safilo Group S.p.A (2004–2024)
The table below shows the annual net assets of Safilo Group S.p.A from 2004 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $427.46 Million | +8.00% |
| 2023-12-31 | $395.79 Million | -9.83% |
| 2022-12-31 | $438.92 Million | +19.89% |
| 2021-12-31 | $366.09 Million | +96.43% |
| 2020-12-31 | $186.37 Million | -45.51% |
| 2019-12-31 | $341.99 Million | -47.09% |
| 2018-12-31 | $646.32 Million | +21.21% |
| 2017-12-31 | $533.21 Million | -38.91% |
| 2016-12-31 | $872.80 Million | -12.60% |
| 2015-12-31 | $998.60 Million | +2.50% |
| 2014-12-31 | $974.26 Million | +15.15% |
| 2013-12-31 | $846.06 Million | -1.95% |
| 2012-12-31 | $862.85 Million | +5.77% |
| 2011-12-31 | $815.74 Million | +6.35% |
| 2010-12-31 | $767.03 Million | +71.98% |
| 2009-12-31 | $445.99 Million | -44.55% |
| 2008-12-31 | $804.28 Million | -4.36% |
| 2007-12-31 | $840.94 Million | -0.38% |
| 2006-12-31 | $844.15 Million | +1.37% |
| 2005-12-31 | $832.75 Million | +84.87% |
| 2004-12-31 | $450.44 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Safilo Group 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 50700000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $507.00K | 0.12% |
| Common Stock | $384.87 Million | 93.17% |
| Other Comprehensive Income | $109.97 Million | 26.62% |
| Total Equity | $413.07 Million | 100.00% |
Safilo Group S.p.A Competitors by Market Cap
The table below lists competitors of Safilo Group S.p.A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Kcc Glass Corp
KO:344820
|
$158.22 Million |
|
Zhejiang Yiming Food Co. Ltd.
SHG:605179
|
$158.26 Million |
|
Trusval Technology Co Ltd
TWO:6667
|
$158.26 Million |
|
Zhejiang Meilun Elevator Co Ltd
SHG:603321
|
$158.34 Million |
|
CapsoVision, Inc. Common Stock
NASDAQ:CV
|
$158.13 Million |
|
ECKOH PLC LS-0025
F:TZ5A
|
$158.10 Million |
|
Serko Limited
PINK:SERKF
|
$158.03 Million |
|
Hangzhou Landscaping Incorporated
SHG:605303
|
$157.95 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Safilo Group S.p.A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 379,200,000 to 413,070,000, a change of 33,870,000 (8.9%).
- Net income of 22,296,000 contributed positively to equity growth.
- Dividend payments of 763,000 reduced retained earnings.
- Share repurchases of 11,794,000 reduced equity.
- New share issuances of 363,000 increased equity.
- Other comprehensive income increased equity by 18,500,000.
- Other factors increased equity by 5,268,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $22.30 Million | +5.4% |
| Dividends Paid | $763.00K | -0.18% |
| Share Repurchases | $11.79 Million | -2.86% |
| Share Issuances | $363.00K | +0.09% |
| Other Comprehensive Income | $18.50 Million | +4.48% |
| Other Changes | $5.27 Million | +1.28% |
| Total Change | $- | 8.93% |
Book Value vs Market Value Analysis
This analysis compares Safilo Group 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: 0.77x
- 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 increased from 0.05x to 0.77x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2004-12-31 | $15.49 | $0.76 | x |
| 2005-12-31 | $27.95 | $0.76 | x |
| 2006-12-31 | $22.41 | $0.76 | x |
| 2007-12-31 | $22.39 | $0.76 | x |
| 2008-12-31 | $20.95 | $0.76 | x |
| 2009-12-31 | $11.66 | $0.76 | x |
| 2010-12-31 | $8.51 | $0.76 | x |
| 2011-12-31 | $7.88 | $0.76 | x |
| 2012-12-31 | $7.91 | $0.76 | x |
| 2013-12-31 | $7.56 | $0.76 | x |
| 2014-12-31 | $8.64 | $0.76 | x |
| 2015-12-31 | $8.86 | $0.76 | x |
| 2016-12-31 | $7.76 | $0.76 | x |
| 2017-12-31 | $4.67 | $0.76 | x |
| 2018-12-31 | $5.39 | $0.76 | x |
| 2019-12-31 | $1.12 | $0.76 | x |
| 2020-12-31 | $0.47 | $0.76 | x |
| 2021-12-31 | $1.08 | $0.76 | x |
| 2022-12-31 | $0.98 | $0.76 | x |
| 2023-12-31 | $0.92 | $0.76 | x |
| 2024-12-31 | $0.99 | $0.76 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Safilo Group 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): 5.40%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.24%
- • Asset Turnover: 1.18x
- • Equity Multiplier: 2.04x
- Recent ROE (5.40%) is above the historical average (-12.11%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | 4.99% | 2.33% | 0.59x | 3.64x | $-22.04 Million |
| 2005 | 0.77% | 0.62% | 0.56x | 2.24x | $-75.85 Million |
| 2006 | 4.87% | 3.64% | 0.62x | 2.16x | $-43.06 Million |
| 2007 | 6.52% | 4.58% | 0.67x | 2.12x | $-29.06 Million |
| 2008 | -2.61% | -1.79% | 0.63x | 2.31x | $-99.29 Million |
| 2009 | -80.16% | -34.75% | 0.73x | 3.17x | $-395.29 Million |
| 2010 | 0.60% | 0.42% | 0.73x | 1.97x | $-71.04 Million |
| 2011 | 3.86% | 2.82% | 0.73x | 1.87x | $-49.35 Million |
| 2012 | 3.02% | 2.20% | 0.79x | 1.74x | $-59.91 Million |
| 2013 | 1.84% | 1.38% | 0.77x | 1.74x | $-68.79 Million |
| 2014 | 4.02% | 3.31% | 0.74x | 1.64x | $-58.12 Million |
| 2015 | -5.29% | -4.12% | 0.80x | 1.59x | $-152.50 Million |
| 2016 | -16.28% | -11.34% | 0.82x | 1.75x | $-229.38 Million |
| 2017 | -47.18% | -24.03% | 0.90x | 2.18x | $-304.89 Million |
| 2018 | -5.02% | -3.56% | 0.77x | 1.84x | $-97.08 Million |
| 2019 | -95.99% | -34.97% | 1.13x | 2.42x | $-362.55 Million |
| 2020 | -50.94% | -9.35% | 0.85x | 6.38x | $-87.29 Million |
| 2021 | 6.51% | 2.19% | 1.03x | 2.87x | $-11.40 Million |
| 2022 | 13.21% | 5.03% | 1.12x | 2.34x | $13.17 Million |
| 2023 | -6.50% | -2.41% | 1.20x | 2.26x | $-62.57 Million |
| 2024 | 5.40% | 2.24% | 1.18x | 2.04x | $-19.01 Million |
Industry Comparison
This section compares Safilo Group S.p.A's net assets metrics with peer companies in the Medical Instruments & Supplies industry.
Industry Context
- Industry: Medical Instruments & Supplies
- Average net assets among peers: $2,683,526,542
- Average return on equity (ROE) among peers: -32.48%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Safilo Group S.p.A (SAFLF) | $413.80 Million | 4.99% | 0.93x | $158.17 Million |
| ANGELALIGN TECHNOLOGY INC (AGLFF) | $480.24 Million | 2.52% | 0.41x | $405.57 Million |
| Akoya Biosciences Inc (AKYA) | $-30.16 Million | 0.00% | 0.00x | $16.24 Million |
| Alcon AG (ALC) | $19.68 Billion | 1.70% | 0.48x | $37.82 Billion |
| Align Technology Inc (ALGN) | $3.85 Billion | 10.94% | 0.61x | $11.75 Billion |
| AngioDynamics Inc (ANGO) | $355.71 Million | 3.06% | 0.15x | $354.40 Million |
| Ansell Limited (ANSLF) | $386.33 Million | -0.45% | 0.87x | $2.58 Billion |
| AptarGroup Inc (ATR) | $2.07 Billion | 11.57% | 1.03x | $8.27 Billion |
| AtriCure Inc (ATRC) | $72.60 Million | -15.79% | 0.54x | $1.42 Billion |
| Avinger Inc (AVGR) | $-35.69 Million | 0.00% | 0.00x | $1.26 Million |
| Anteris Technologies Global Corp. Common Stock (AVR) | $9.03 Million | -338.35% | 0.77x | $156.14 Million |