Altur Slatina (ALT) - Net Assets
Based on the latest financial reports, Altur Slatina (ALT) has net assets worth RON64.30 Million RON (≈ $14.76 Million USD) 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 ≈ $24.99 Million USD) and total liabilities (RON44.51 Million ≈ $10.22 Million USD). 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. Read total liabilities of Altur Slatina for a breakdown of total debt and financial obligations.
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. Also explore balance sheet size of Altur Slatina for the complete picture of this company's asset base.
Annual Net Assets for Altur Slatina (2019–2023)
The table below shows the annual net assets of Altur Slatina from 2019 to 2023. For live valuation and market cap data, see ALT company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2023-09-30 | RON62.39 Million ≈ $14.33 Million |
+17.06% |
| 2022-09-30 | RON53.29 Million ≈ $12.24 Million |
+5.24% |
| 2021-09-30 | RON50.64 Million ≈ $11.63 Million |
+65.47% |
| 2020-09-30 | RON30.60 Million ≈ $7.03 Million |
-50.70% |
| 2019-09-30 | RON62.08 Million ≈ $14.26 Million |
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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 |
|---|---|
|
Yunnan Water Investment Co. Limited
F:2WI
|
$4.25 Million |
|
XTL Biopharmaceuticals Ltd
TA:XTLB
|
$4.25 Million |
|
Bank Mayapada Internasional
JK:MAYA
|
$4.25 Million |
|
Corus Entertainment Inc
TO:CJR-B
|
$4.26 Million |
|
FEEDBACK PLC LS-5
F:GZM0
|
$4.25 Million |
|
RWS Holdings PLC
LSE:RWS
|
$4.25 Million |
|
Reklaim Ltd
V:MYID
|
$4.25 Million |
|
Homebiogas Ltd
TA:HMGS
|
$4.25 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 0.80x 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: $298,106,922
- Average return on equity (ROE) among peers: 8.08%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Altur Slatina (ALT) | RON64.30 Million | -3.20% | 0.69x | $4.25 Million |
| Artego Tg. Jiu (ARTE) | $93.53 Million | 13.17% | 0.46x | $20.12 Million |
| Compa Sibiu (CMP) | $502.68 Million | 2.99% | 0.59x | $32.93 Million |
About Altur Slatina
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