Fondul Proprietatea SA (FP) - Net Assets
Based on the latest financial reports, Fondul Proprietatea SA (FP) has net assets worth RON2.33 Billion RON (≈ $535.83 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 (RON2.55 Billion ≈ $585.49 Million USD) and total liabilities (RON216.26 Million ≈ $49.66 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 FP intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | RON2.33 Billion |
| % of Total Assets | 91.52% |
| Annual Growth Rate | -25.58% |
| 5-Year Change | -82.96% |
| 10-Year Change | N/A |
| Growth Volatility | 39.97 |
Fondul Proprietatea SA - Net Assets Trend (2020–2025)
This chart illustrates how Fondul Proprietatea SA's net assets have evolved over time, based on quarterly financial data.
Annual Net Assets for Fondul Proprietatea SA (2020–2025)
The table below shows the annual net assets of Fondul Proprietatea SA from 2020 to 2025. For live valuation and market cap data, see FP company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | RON2.34 Billion ≈ $538.33 Million |
+8.43% |
| 2024-12-31 | RON2.16 Billion ≈ $496.46 Million |
-7.69% |
| 2023-12-31 | RON2.34 Billion ≈ $537.80 Million |
-83.92% |
| 2022-12-31 | RON14.57 Billion ≈ $3.35 Billion |
+5.90% |
| 2021-12-31 | RON13.76 Billion ≈ $3.16 Billion |
+34.00% |
| 2020-12-31 | RON10.27 Billion ≈ $2.36 Billion |
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Equity Component Analysis
This analysis shows how different components contribute to Fondul Proprietatea 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 93.4% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RON468.33 Million | 19.98% |
| Other Components | RON1.88 Billion | 80.02% |
| Total Equity | RON2.34 Billion | 100.00% |
Fondul Proprietatea SA Competitors by Market Cap
The table below lists competitors of Fondul Proprietatea SA ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Burstone Group Limited
JSE:BTN
|
$409.01 Million |
|
Blend Labs Inc
NYSE:BLND
|
$409.18 Million |
|
Shenzhen TVT Digital Technology Co Ltd
SHE:002835
|
$409.19 Million |
|
Samhi Hotels Limited
NSE:SAMHI
|
$409.30 Million |
|
Guangdong Transtek Medical Electronics Co Ltd
SHE:300562
|
$408.83 Million |
|
ECARX Holdings Inc. Class A Ordinary shares
NASDAQ:ECX
|
$408.82 Million |
|
Orion Engineered Carbons SA
NYSE:OEC
|
$408.82 Million |
|
Cross Country Healthcare Inc
NASDAQ:CCRN
|
$408.69 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Fondul Proprietatea SA's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 2,162,116,720 to 2,344,461,606, a change of 182,344,886 (8.4%).
- Net income of 449,911,570 contributed positively to equity growth.
- Dividend payments of 7,757 reduced retained earnings.
- Share repurchases of 117,935,484 reduced equity.
- Other factors decreased equity by 149,623,443.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RON449.91 Million | +19.19% |
| Dividends Paid | RON7.76K | -0.0% |
| Share Repurchases | RON117.94 Million | -5.03% |
| Other Changes | RON-149.62 Million | -6.38% |
| Total Change | RON- | 8.43% |
Book Value vs Market Value Analysis
This analysis compares Fondul Proprietatea 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: 0.76x
- 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 increased from 0.38x to 0.76x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | RON1.60 | RON0.60 | x |
| 2021-12-31 | RON2.21 | RON0.60 | x |
| 2022-12-31 | RON2.57 | RON0.60 | x |
| 2023-12-31 | RON0.66 | RON0.60 | x |
| 2024-12-31 | RON0.68 | RON0.60 | x |
| 2025-12-31 | RON0.80 | RON0.60 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Fondul Proprietatea 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): 19.19%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 93.00%
- • Asset Turnover: 0.19x
- • Equity Multiplier: 1.11x
- Recent ROE (19.19%) is above the historical average (7.78%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | -1.00% | 0.00% | 0.00x | 1.01x | RON-1.13 Billion |
| 2021 | 36.44% | 97.81% | 0.36x | 1.03x | RON3.64 Billion |
| 2022 | 19.01% | 95.47% | 0.20x | 1.01x | RON1.31 Billion |
| 2023 | -38.60% | 0.00% | -0.15x | 1.26x | RON-1.14 Billion |
| 2024 | 11.63% | 87.41% | 0.12x | 1.13x | RON35.32 Million |
| 2025 | 19.19% | 93.00% | 0.19x | 1.11x | RON215.47 Million |
Industry Comparison
This section compares Fondul Proprietatea SA's net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $2,259,282,292
- Average return on equity (ROE) among peers: 3.46%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Fondul Proprietatea SA (FP) | RON2.33 Billion | -1.00% | 0.09x | $408.95 Million |
| Evergent Investments SA (EVER) | $2.69 Billion | 4.29% | 0.13x | $647.21 Million |
| TRANSILVANIA INVESTMENTS ALLIANCE S.A. (TRANSI) | $1.83 Billion | 2.62% | 0.05x | $277.92 Million |
About Fondul Proprietatea SA
Fondul Proprietatea SA is a publicly owned investment manager. The firm invests in the public equity markets of Romania. The firm primarily invests in Power, Oil and Gas sectors. Fondul Proprietatea SA was founded in 2005 and is based in Bucharest, Romania.