Comelf SA (CMF) - Net Assets

Latest as of March 2026: RON77.74 Million RON ≈ $17.85 Million USD

Based on the latest financial reports, Comelf SA (CMF) has net assets worth RON77.74 Million RON (≈ $17.85 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RON166.26 Million ≈ $38.18 Million USD) and total liabilities (RON88.51 Million ≈ $20.32 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. Check Comelf SA tangible equity quality to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	RON77.74 Million
% of Total Assets	46.76%
Annual Growth Rate	1.12%
5-Year Change	2.21%
10-Year Change	N/A
Growth Volatility	3.59

Comelf SA - Net Assets Trend (2020–2025)

This chart illustrates how Comelf SA's net assets have evolved over time, based on quarterly financial data. See how many days can Comelf SA fund operations to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Comelf SA (2020–2025)

The table below shows the annual net assets of Comelf SA from 2020 to 2025. For live valuation and market cap data, see CMF market cap overview.

Year	Net Assets	Change
2025-12-31	RON77.11 Million ≈ $17.71 Million	-4.97%
2024-12-31	RON81.14 Million ≈ $18.63 Million	-0.80%
2023-12-31	RON81.79 Million ≈ $18.78 Million	+4.53%
2022-12-31	RON78.24 Million ≈ $17.97 Million	+3.72%
2021-12-31	RON75.44 Million ≈ $17.32 Million	+3.45%
2020-12-31	RON72.93 Million ≈ $16.75 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Comelf 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 372.4% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	RON5.69 Million	7.38%
Other Components	RON71.42 Million	92.62%
Total Equity	RON77.11 Million	100.00%

Comelf SA Competitors by Market Cap

The table below lists competitors of Comelf SA ranked by their market capitalization.

Company	Market Cap
Lyckegard Group AB ST:LYGRD	$22.19 Million
Hammerson PLC LSE:HMSO	$22.20 Million
SCI Electric Public Company Limited BK:SCI	$22.21 Million
Resintech Bhd KLSE:7232	$22.21 Million
Maggie Beer Holdings Ltd AU:MBH	$22.19 Million
Kadimastem Ltd TA:KDST	$22.18 Million
Castile Resources Ltd AU:CST	$22.17 Million
Shradha Infraprojects Limited NSE:SHRADHA	$22.16 Million

Equity Growth Attribution

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

Equity Growth Insights

From 2024 to 2025, total equity changed from 81,136,726 to 77,106,979, a change of -4,029,747 (-5.0%).
Net income of 4,790,071 contributed positively to equity growth.
Other factors decreased equity by 8,819,818.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	RON4.79 Million	+6.21%
Other Changes	RON-8.82 Million	-11.44%
Total Change	RON-	-4.97%

Book Value vs Market Value Analysis

This analysis compares Comelf 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: 1.25x
The company is trading above its book value, indicating the market recognizes value beyond its reported assets.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2020-12-31	RON3.24	RON4.30	x
2021-12-31	RON3.36	RON4.30	x
2022-12-31	RON3.48	RON4.30	x
2023-12-31	RON3.64	RON4.30	x
2024-12-31	RON3.61	RON4.30	x
2025-12-31	RON3.43	RON4.30	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Comelf 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): 6.21%
The company has moderate efficiency in generating returns from equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 2.98%
• Asset Turnover: 1.00x
• Equity Multiplier: 2.10x
Recent ROE (6.21%) is below the historical average (7.23%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2020	3.71%	2.35%	0.81x	1.95x	RON-4.59 Million
2021	5.68%	3.08%	0.89x	2.07x	RON-3.26 Million
2022	5.29%	2.44%	1.01x	2.15x	RON-3.68 Million
2023	11.41%	5.11%	1.09x	2.05x	RON1.15 Million
2024	11.08%	5.41%	1.05x	1.94x	RON876.76K
2025	6.21%	2.98%	1.00x	2.10x	RON-2.92 Million

Industry Comparison

This section compares Comelf SA's net assets metrics with peer companies in the Specialty Industrial Machinery industry.

Industry Context

Industry: Specialty Industrial Machinery
Average net assets among peers: $3,919,089
Average return on equity (ROE) among peers: 0.18%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Comelf SA (CMF)	RON77.74 Million	3.71%	1.14x	$22.19 Million
ARMATURA S.A. (ARM)	$-7.26 Million	0.00%	0.00x	$1.15 Million
GRUPUL INDUSTRIAL ELECTROCONTACT S.A. (ECT)	$15.10 Million	0.37%	0.04x	$1.99 Million

About Comelf SA

RO:CMF Romania Specialty Industrial Machinery

Market Cap

$22.19 Million

RON96.65 Million RON

Market Cap Rank

#24801 Global

#50 in Romania

Share Price

RON4.30

Change (1 day)

+0.94%

52-Week Range

RON3.72 - RON5.05

All Time High

RON7.61