Umicore SA
Umicore SA operates as a materials technology and recycling company in Belgium, Europe, the Asia-Pacific, North America, South America, and Africa. It operates through Battery Material, Catalysis, Recycling, and Specialty Materials segments. The Battery Material segment develops, manufactures, and markets cathode materials and its precursors for lithium-ion batteries, as well as related refining … Read more
Umicore SA (UMICF) - Net Assets
Latest net assets as of June 2025: $2.01 Billion USD
Based on the latest financial reports, Umicore SA (UMICF) has net assets worth $2.01 Billion USD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($8.59 Billion) and total liabilities ($6.58 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 | $2.01 Billion |
| % of Total Assets | 23.4% |
| Annual Growth Rate | 2.61% |
| 5-Year Change | -26.7% |
| 10-Year Change | 7.67% |
| Growth Volatility | 19.78 |
Umicore SA - Net Assets Trend (2002–2024)
This chart illustrates how Umicore 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 Umicore SA (2002–2024)
The table below shows the annual net assets of Umicore SA from 2002 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $1.92 Billion | -48.02% |
| 2023-12-31 | $3.70 Billion | +3.68% |
| 2022-12-31 | $3.57 Billion | +12.59% |
| 2021-12-31 | $3.17 Billion | +20.80% |
| 2020-12-31 | $2.62 Billion | -1.45% |
| 2019-12-31 | $2.66 Billion | +0.04% |
| 2018-12-31 | $2.66 Billion | +42.77% |
| 2017-12-31 | $1.86 Billion | +0.79% |
| 2016-12-31 | $1.85 Billion | +3.53% |
| 2015-12-31 | $1.78 Billion | +1.99% |
| 2014-12-31 | $1.75 Billion | +1.55% |
| 2013-12-31 | $1.72 Billion | -4.56% |
| 2012-12-31 | $1.81 Billion | +4.88% |
| 2011-12-31 | $1.72 Billion | +9.30% |
| 2010-12-31 | $1.58 Billion | +15.26% |
| 2009-12-31 | $1.37 Billion | +2.58% |
| 2008-12-31 | $1.33 Billion | -13.10% |
| 2007-12-31 | $1.53 Billion | +55.16% |
| 2006-12-31 | $988.14 Million | +1.76% |
| 2005-12-31 | $971.10 Million | -24.29% |
| 2004-12-31 | $1.28 Billion | +7.61% |
| 2003-12-31 | $1.19 Billion | +9.44% |
| 2002-12-31 | $1.09 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Umicore 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 94.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $1.07 Billion | 55.33% |
| Common Stock | $1.38 Billion | 71.43% |
| Total Equity | $1.94 Billion | 100.00% |
Umicore SA Competitors by Market Cap
The table below lists competitors of Umicore SA ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Changshu Tianyin Electromechan
SHE:300342
|
$1.72 Billion |
|
Resorttrust Inc
F:5FY
|
$1.72 Billion |
|
Atkore International Group Inc
NYSE:ATKR
|
$1.72 Billion |
|
Pengxin International Mining Co Ltd
SHG:600490
|
$1.72 Billion |
|
Beijing Capital Co Ltd
SHG:600008
|
$1.72 Billion |
|
BigBearai Holdings Inc
NYSE:BBAI
|
$1.72 Billion |
|
Arcus Biosciences Inc
NYSE:RCUS
|
$1.72 Billion |
|
Turkiye Garanti Bankasi AS
OTCQX:TKGBY
|
$1.71 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Umicore SA's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,661,072,000 to 1,938,000,000, a change of -1,723,072,000 (-47.1%).
- Net loss of 1,479,900,000 reduced equity.
- Dividend payments of 192,400,000 reduced retained earnings.
- Other comprehensive income increased equity by 122,217,000.
- Other factors decreased equity by 172,989,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-1.48 Billion | -76.36% |
| Dividends Paid | $192.40 Million | -9.93% |
| Other Comprehensive Income | $122.22 Million | +6.31% |
| Other Changes | $-172.99 Million | -8.93% |
| Total Change | $- | -47.06% |
Book Value vs Market Value Analysis
This analysis compares Umicore 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: 1.12x
- 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 1.99x to 1.12x 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 | $4.53 | $9.00 | x |
| 2003-12-31 | $4.94 | $9.00 | x |
| 2004-12-31 | $4.90 | $9.00 | x |
| 2005-12-31 | $3.63 | $9.00 | x |
| 2006-12-31 | $3.65 | $9.00 | x |
| 2007-12-31 | $5.95 | $9.00 | x |
| 2008-12-31 | $5.55 | $9.00 | x |
| 2009-12-31 | $5.82 | $9.00 | x |
| 2010-12-31 | $6.67 | $9.00 | x |
| 2011-12-31 | $7.30 | $9.00 | x |
| 2012-12-31 | $7.80 | $9.00 | x |
| 2013-12-31 | $7.51 | $9.00 | x |
| 2014-12-31 | $7.86 | $9.00 | x |
| 2015-12-31 | $7.95 | $9.00 | x |
| 2016-12-31 | $8.16 | $9.00 | x |
| 2017-12-31 | $8.15 | $9.00 | x |
| 2018-12-31 | $10.80 | $9.00 | x |
| 2019-12-31 | $10.72 | $9.00 | x |
| 2020-12-31 | $10.58 | $9.00 | x |
| 2021-12-31 | $12.86 | $9.00 | x |
| 2022-12-31 | $14.61 | $9.00 | x |
| 2023-12-31 | $15.23 | $9.00 | x |
| 2024-12-31 | $8.05 | $9.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Umicore 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): -76.36%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -9.96%
- • Asset Turnover: 1.58x
- • Equity Multiplier: 4.86x
- Recent ROE (-76.36%) is below the historical average (9.53%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 3.21% | 1.04% | 1.40x | 2.21x | $-69.55 Million |
| 2003 | 5.32% | 1.29% | 1.50x | 2.75x | $-52.81 Million |
| 2004 | 14.47% | 3.13% | 1.61x | 2.87x | $55.00 Million |
| 2005 | 16.68% | 2.35% | 2.27x | 3.12x | $61.95 Million |
| 2006 | 21.38% | 2.28% | 2.33x | 4.02x | $106.87 Million |
| 2007 | 44.42% | 7.97% | 2.53x | 2.20x | $513.26 Million |
| 2008 | 9.91% | 1.39% | 3.03x | 2.34x | $-1.19 Million |
| 2009 | 6.12% | 1.16% | 2.45x | 2.15x | $-50.93 Million |
| 2010 | 16.69% | 2.61% | 2.76x | 2.31x | $101.42 Million |
| 2011 | 19.49% | 2.24% | 3.90x | 2.23x | $158.20 Million |
| 2012 | 13.33% | 1.86% | 3.42x | 2.09x | $58.28 Million |
| 2013 | 10.67% | 1.82% | 2.80x | 2.09x | $11.31 Million |
| 2014 | 10.01% | 1.93% | 2.29x | 2.26x | $147.90K |
| 2015 | 9.77% | 1.75% | 2.41x | 2.33x | $-4.01 Million |
| 2016 | 7.30% | 1.25% | 2.52x | 2.32x | $-48.24 Million |
| 2017 | 11.75% | 1.77% | 2.34x | 2.84x | $31.64 Million |
| 2018 | 12.15% | 2.31% | 2.27x | 2.32x | $56.04 Million |
| 2019 | 11.10% | 1.65% | 2.49x | 2.71x | $28.44 Million |
| 2020 | 5.10% | 0.63% | 2.48x | 3.26x | $-125.19 Million |
| 2021 | 19.88% | 2.57% | 2.66x | 2.91x | $307.67 Million |
| 2022 | 16.21% | 2.24% | 2.56x | 2.83x | $218.23 Million |
| 2023 | 10.52% | 2.11% | 1.83x | 2.72x | $18.97 Million |
| 2024 | -76.36% | -9.96% | 1.58x | 4.86x | $-1.67 Billion |
Industry Comparison
This section compares Umicore SA's net assets metrics with peer companies in the Waste Management industry.
Industry Context
- Industry: Waste Management
- Average net assets among peers: $61,795,124
- Average return on equity (ROE) among peers: -17.66%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Umicore SA (UMICF) | $2.01 Billion | 3.21% | 3.27x | $1.72 Billion |
| American Battery Technology Company Common Stock (ABAT) | $70.60 Million | -66.24% | 0.20x | $410.46 Million |
| Agilyx AS (AGXXF) | $35.34 Million | 10.45% | 1.10x | $152.59 Million |
| Ambipar Emergency Response (AMBI) | $8.37 Million | 0.00% | 1.76x | $5.74 Million |
| Anaergia Inc (ANRGF) | $125.77 Million | -18.04% | 2.60x | $20.51 Million |
| Aqua Metals Inc (AQMS) | $31.14 Million | -82.73% | 0.13x | $12.23 Million |
| Avalon Holdings Corporation (AWX) | $39.44 Million | 3.70% | 0.21x | $5.00 Million |
| BacTech Environmental Corporation (BCCEF) | $-1.02 Million | 0.00% | 0.00x | $7.36 Million |
| Befesa S.A (BFSAF) | $259.26 Million | -13.65% | 3.41x | $1.39 Billion |
| BluMetric Environmental Inc. (BLMWF) | $12.19 Million | 4.16% | 0.64x | $27.18 Million |
| BQE Water Inc (BTQNF) | $36.85 Million | -14.23% | 0.05x | $25.45 Million |