Altur Slatina

RO:ALT Romania Auto Parts
Market Cap
$3.92 Million
RON18.98 Million RON
Market Cap Rank
#34919 Global
#80 in Romania
Share Price
RON0.06
Change (1 day)
-0.80%
52-Week Range
RON0.05 - RON0.08
All Time High
RON0.12
Categories
Companies in Romania Auto Parts
About

Altur S.A. designs, manufactures, sells, imports, and exports automotive pistons and castings parts in Romania and internationally. The company offers a range of cast products from aluminum alloys, such as gravity-cast parts, pressure castings, cast and machined parts, and finished parts; and machined aluminum components. It serves city and off-road vehicles, tractors and agricultural machinery, … Read more

Altur Slatina (ALT) - Net Assets

Latest net assets as of September 2024: RON64.30 Million RON

Based on the latest financial reports, Altur Slatina (ALT) has net assets worth RON64.30 Million RON as of September 2024.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RON108.81 Million) and total liabilities (RON44.51 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 RON64.30 Million
% of Total Assets 59.09%
Annual Growth Rate 0.12%
5-Year Change N/A
10-Year Change N/A
Growth Volatility 41.33

Altur Slatina - Net Assets Trend (2019–2023)

This chart illustrates how Altur Slatina's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Altur Slatina (2019–2023)

The table below shows the annual net assets of Altur Slatina from 2019 to 2023.

Year Net Assets Change
2023-09-30 RON62.39 Million +17.06%
2022-09-30 RON53.29 Million +5.24%
2021-09-30 RON50.64 Million +65.47%
2020-09-30 RON30.60 Million -50.70%
2019-09-30 RON62.08 Million --

Equity Component Analysis

This analysis shows how different components contribute to Altur Slatina'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 22932399000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (September 2023)

Component Amount Percentage
Other Components RON75.52 Million 121.05%
Total Equity RON62.39 Million 100.00%

Altur Slatina Competitors by Market Cap

The table below lists competitors of Altur Slatina ranked by their market capitalization.

Company Market Cap
Catheter Precision Inc.
NYSE MKT:VTAK
 		$1.58 Million
Viver Incorporadora e Construtora S.A
SA:VIVR3
 		$1.59 Million
BOSTON BEER -A-
BE:BBEA
 		$1.59 Million
Vigor Kobo Co Ltd
TWO:2733
 		$1.59 Million
SIMRIS ALG AB B
F:5LU
 		$1.58 Million
Visioneering Technologies Inc
AU:VTI
 		$1.58 Million
HIGH QUALITY FOOD
F:L24
 		$1.58 Million
UTD TECHNOLOGIES
HM:UTC1
 		$1.58 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Altur Slatina's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2022 to 2023, total equity changed from 53,293,418 to 62,387,079, a change of 9,093,661 (17.1%).
  • Net income of 8,399,459 contributed positively to equity growth.
  • Other factors increased equity by 694,202.

Equity Change Factors (2022 to 2023)

Factor Impact Contribution
Net Income RON8.40 Million +13.46%
Other Changes RON694.20K +1.11%
Total Change RON- 17.06%

Book Value vs Market Value Analysis

This analysis compares Altur Slatina'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: 0.30x
  • 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 0.82x to 0.30x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2019-09-30 RON0.08 RON0.06 x
2020-09-30 RON0.04 RON0.06 x
2021-09-30 RON0.06 RON0.06 x
2022-09-30 RON0.17 RON0.06 x
2023-09-30 RON0.20 RON0.06 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Altur Slatina 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): 13.46%
  • The company shows good efficiency in utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 6.46%
  • • Asset Turnover: 1.13x
  • • Equity Multiplier: 1.85x
  • Recent ROE (13.46%) is above the historical average (-10.35%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2019 -3.20% -1.92% 0.81x 2.07x RON-8.19 Million
2020 -52.80% -21.49% 0.83x 2.97x RON-19.22 Million
2021 -13.86% -7.52% 0.88x 2.09x RON-12.08 Million
2022 4.65% 1.83% 1.20x 2.11x RON-2.85 Million
2023 13.46% 6.46% 1.13x 1.85x RON2.16 Million

Industry Comparison

This section compares Altur Slatina's net assets metrics with peer companies in the Auto Parts industry.

Industry Context

  • Industry: Auto Parts
  • Average net assets among peers: $295,109,650
  • Average return on equity (ROE) among peers: 8.38%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Altur Slatina (ALT) RON64.30 Million -3.20% 0.69x $1.58 Million
Artego Tg. Jiu (ARTE) $87.54 Million 13.77% 0.57x $2.39 Million
Compa Sibiu (CMP) $502.68 Million 2.99% 0.59x $19.12 Million