CONPET SA (COTE) - Net Assets
Based on the latest financial reports, CONPET SA (COTE) has net assets worth RON716.90 Million RON (≈ $164.61 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RON842.27 Million ≈ $193.40 Million USD) and total liabilities (RON125.37 Million ≈ $28.79 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. See COTE net asset quality score to measure how much of total assets are equity-financed.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | RON716.90 Million |
| % of Total Assets | 85.12% |
| Annual Growth Rate | 1.76% |
| 5-Year Change | 7.34% |
| 10-Year Change | N/A |
| Growth Volatility | 2.88 |
CONPET SA - Net Assets Trend (2020–2025)
This chart illustrates how CONPET SA's net assets have evolved over time, based on quarterly financial data. Also explore COTE year-over-year net asset growth to track the company's year-over-year net asset growth rate.
Annual Net Assets for CONPET SA (2020–2025)
The table below shows the annual net assets of CONPET SA from 2020 to 2025. For live market cap and overall valuation, see market cap of CONPET SA.
| Year | Net Assets | Change |
|---|---|---|
| 2025-09-30 | RON716.90 Million ≈ $164.61 Million |
-1.89% |
| 2024-09-30 | RON730.69 Million ≈ $167.78 Million |
+0.05% |
| 2023-09-30 | RON730.29 Million ≈ $167.69 Million |
+6.75% |
| 2022-09-30 | RON684.10 Million ≈ $157.08 Million |
+2.42% |
| 2021-09-30 | RON667.91 Million ≈ $153.36 Million |
+1.66% |
| 2020-09-30 | RON657.01 Million ≈ $150.86 Million |
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Equity Component Analysis
This analysis shows how different components contribute to CONPET 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 decreased by 10.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (September 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RON91.38 Million | 12.75% |
| Other Components | RON625.52 Million | 87.25% |
| Total Equity | RON716.90 Million | 100.00% |
CONPET SA Competitors by Market Cap
The table below lists competitors of CONPET SA ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
BankFinancial Corporation
NASDAQ:BFIN
|
$149.53 Million |
|
Marti Technologies Inc.
NYSE:MRT
|
$149.55 Million |
|
Eugene Corporation
KQ:023410
|
$149.56 Million |
|
Corem Property Group AB (publ)
ST:CORE-D
|
$149.57 Million |
|
Univacco Technology
TWO:3303
|
$149.41 Million |
|
Aftermath Silver Ltd
V:AAG
|
$149.38 Million |
|
Oramed Pharmaceuticals Inc
NASDAQ:ORMP
|
$149.38 Million |
|
Theta Gold Mines Ltd
AU:TGM
|
$149.37 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in CONPET SA's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 730,693,250 to 716,903,883, a change of -13,789,367 (-1.9%).
- Net income of 53,760,116 contributed positively to equity growth.
- Dividend payments of 56,825,982 reduced retained earnings.
- Other factors decreased equity by 10,723,501.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RON53.76 Million | +7.5% |
| Dividends Paid | RON56.83 Million | -7.93% |
| Other Changes | RON-10.72 Million | -1.5% |
| Total Change | RON- | -1.89% |
Book Value vs Market Value Analysis
This analysis compares CONPET 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: 0.91x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-09-30 | RON75.89 | RON75.20 | x |
| 2021-09-30 | RON77.15 | RON75.20 | x |
| 2022-09-30 | RON79.02 | RON75.20 | x |
| 2023-09-30 | RON84.35 | RON75.20 | x |
| 2024-09-30 | RON84.40 | RON75.20 | x |
| 2025-09-30 | RON82.81 | RON75.20 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently CONPET 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): 7.50%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 9.89%
- • Asset Turnover: 0.65x
- • Equity Multiplier: 1.17x
- Recent ROE (7.50%) is below the historical average (8.12%), 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 | 9.26% | 15.01% | 0.53x | 1.16x | RON-4.85 Million |
| 2021 | 7.77% | 12.63% | 0.53x | 1.15x | RON-14.86 Million |
| 2022 | 9.01% | 13.11% | 0.58x | 1.18x | RON-6.75 Million |
| 2023 | 8.44% | 12.76% | 0.57x | 1.16x | RON-11.41 Million |
| 2024 | 6.75% | 9.28% | 0.62x | 1.17x | RON-23.75 Million |
| 2025 | 7.50% | 9.89% | 0.65x | 1.17x | RON-17.93 Million |
Industry Comparison
This section compares CONPET SA's net assets metrics with peer companies in the Oil & Gas Midstream industry.
Industry Context
- Industry: Oil & Gas Midstream
- Average net assets among peers: $452,858,076
- Average return on equity (ROE) among peers: 1.27%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| CONPET SA (COTE) | RON716.90 Million | 9.26% | 0.17x | $149.49 Million |
| Oil Terminal C (OIL) | $452.86 Million | 1.27% | 0.31x | $79.14 Million |
About CONPET SA
Conpet S.A. transports crude oil, rich gas, condensate, and ethane by pipeline and railway in Romania. The company's pipeline system comprises pumping stations, loading-unloading ramps, railway wagons, and tank parks. The company was formerly known as Intreprinderea de Transport Titei prin Conducte and changed its name to Conpet S.A. in January 1991. Conpet S.A. was founded in 1991 and is headqua… Read more