Turism Hotelur (EFO) - Net Assets
Based on the latest financial reports, Turism Hotelur (EFO) has net assets worth RON188.99 Million RON (≈ $43.39 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 (RON225.74 Million ≈ $51.83 Million USD) and total liabilities (RON36.76 Million ≈ $8.44 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. For live market cap and overall valuation, see Turism Hotelur market cap and net worth.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | RON188.99 Million |
| % of Total Assets | 83.72% |
| Annual Growth Rate | -4.72% |
| 5-Year Change | -47.3% |
| 10-Year Change | N/A |
| Growth Volatility | 28.13 |
Turism Hotelur - Net Assets Trend (2020–2025)
This chart illustrates how Turism Hotelur's net assets have evolved over time, based on quarterly financial data.
Annual Net Assets for Turism Hotelur (2020–2025)
The table below shows the annual net assets of Turism Hotelur from 2020 to 2025. See EFO net asset quality index to measure how much of total assets are equity-financed.
| Year | Net Assets | Change |
|---|---|---|
| 2025-09-30 | RON187.49 Million ≈ $43.05 Million |
-9.01% |
| 2024-09-30 | RON206.07 Million ≈ $47.32 Million |
-5.16% |
| 2023-09-30 | RON217.28 Million ≈ $49.89 Million |
-38.11% |
| 2022-09-30 | RON351.05 Million ≈ $80.61 Million |
-1.32% |
| 2021-09-30 | RON355.75 Million ≈ $81.68 Million |
+48.99% |
| 2020-09-30 | RON238.77 Million ≈ $54.82 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Turism Hotelur'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 13318935900.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (September 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RON95.48 Million | 50.92% |
| Other Components | RON92.01 Million | 49.08% |
| Total Equity | RON187.49 Million | 100.00% |
Turism Hotelur Competitors by Market Cap
The table below lists competitors of Turism Hotelur ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
DynaCERT Inc.
TO:DYA
|
$40.45 Million |
|
Emc Gold Corporation
AU:EM3
|
$40.45 Million |
|
Singbao International Co Ltd
TWO:6130
|
$40.46 Million |
|
Inbest Prime VI Inmuebles Socimi SA
MC:YINB6
|
$40.48 Million |
|
Goldbank Mining Corp
V:GLB
|
$40.43 Million |
|
FIT INVEST JSC
VN:FIT
|
$40.43 Million |
|
Atende S.A.
WAR:ATD
|
$40.41 Million |
|
Huneed Tech
KO:005870
|
$40.41 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Turism Hotelur's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 206,066,836 to 187,493,848, a change of -18,572,988 (-9.0%).
- Net income of 14,403,136 contributed positively to equity growth.
- Share repurchases of 21,200,000 reduced equity.
- Other factors decreased equity by 11,776,124.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RON14.40 Million | +7.68% |
| Share Repurchases | RON21.20 Million | -11.31% |
| Other Changes | RON-11.78 Million | -6.28% |
| Total Change | RON- | -9.01% |
Book Value vs Market Value Analysis
This analysis compares Turism Hotelur'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: 0.94x
- 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 2.16x to 0.94x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-09-30 | RON0.41 | RON0.90 | x |
| 2021-09-30 | RON0.62 | RON0.90 | x |
| 2022-09-30 | RON0.61 | RON0.90 | x |
| 2023-09-30 | RON0.38 | RON0.90 | x |
| 2024-09-30 | RON0.74 | RON0.90 | x |
| 2025-09-30 | RON0.95 | RON0.90 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Turism Hotelur 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): 7.68%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1481.34%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.12x
- Recent ROE (7.68%) is above the historical average (7.08%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 1.72% | 20.98% | 0.07x | 1.10x | RON-19.76 Million |
| 2021 | 14.26% | 126.61% | 0.10x | 1.15x | RON15.15 Million |
| 2022 | -1.84% | -17.31% | 0.09x | 1.19x | RON-41.57 Million |
| 2023 | 15.90% | 14593.80% | 0.00x | 1.13x | RON12.82 Million |
| 2024 | 4.73% | 1080.10% | 0.00x | 1.19x | RON-10.86 Million |
| 2025 | 7.68% | 1481.34% | 0.00x | 1.12x | RON-4.35 Million |
Industry Comparison
This section compares Turism Hotelur's net assets metrics with peer companies in the Resorts & Casinos industry.
No peer company data available for comparison.
About Turism Hotelur
Turism, Hoteluri, Restaurante Marea Neagra S.A. engages in the provision of tourist accommodation, public catering, and entertainment services in Romania. It operates hotels, restaurants, bars, buffets, and spas. The company was formerly known as S.C. Eforie S.A. and changed its name to Turism, Hoteluri, Restaurante Marea Neagra S.A. in January 2005. Turism, Hoteluri, Restaurante Marea Neagra S.A… Read more