Societatea de Investitii Financiare Muntenia SA
Muntenia Sif is a privately owned investment manager. Muntenia Sif is based in Romania.
Societatea de Investitii Financiare Muntenia SA (SIF4) - Net Assets
Latest net assets as of September 2024: RON2.53 Billion RON
Based on the latest financial reports, Societatea de Investitii Financiare Muntenia SA (SIF4) has net assets worth RON2.53 Billion RON as of September 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RON2.64 Billion) and total liabilities (RON116.30 Million). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | RON2.53 Billion |
| % of Total Assets | 95.6% |
| Annual Growth Rate | 12.78% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 14.2 |
Societatea de Investitii Financiare Muntenia SA - Net Assets Trend (2020–2023)
This chart illustrates how Societatea de Investitii Financiare Muntenia SA's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Societatea de Investitii Financiare Muntenia SA (2020–2023)
The table below shows the annual net assets of Societatea de Investitii Financiare Muntenia SA from 2020 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-09-30 | RON2.23 Billion | +20.21% |
| 2022-09-30 | RON1.86 Billion | -5.99% |
| 2021-09-30 | RON1.98 Billion | +26.92% |
| 2020-09-30 | RON1.56 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Societatea de Investitii Financiare Muntenia 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 113.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (September 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RON1.07 Billion | 47.94% |
| Other Components | RON1.16 Billion | 52.06% |
| Total Equity | RON2.23 Billion | 100.00% |
Societatea de Investitii Financiare Muntenia SA Competitors by Market Cap
The table below lists competitors of Societatea de Investitii Financiare Muntenia SA ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Seylan Bank PLC
CM:SEYBN0000
|
$3.37K |
|
MAURITIUS OIL REFINERIES LTD
SEM:MOROIL
|
$3.38K |
|
PACIFIC BASIN SHIP
HM:OYD
|
$3.38K |
|
Fawry For Banking Technology And Electronic Payment
EGX:FWRY
|
$3.39K |
|
LianDi Clean Technology Inc
PINK:LNDT
|
$3.37K |
|
INET Leasehold REIT
BK:INETREIT
|
$3.37K |
|
283100
KO:283100
|
$3.37K |
|
Bangkok Airways PCL
STU:8BA
|
$3.37K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Societatea de Investitii Financiare Muntenia SA's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 1,858,419,109 to 2,233,992,011, a change of 375,572,902 (20.2%).
- Net income of 212,803,021 contributed positively to equity growth.
- Other factors increased equity by 162,769,881.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RON212.80 Million | +9.53% |
| Other Changes | RON162.77 Million | +7.29% |
| Total Change | RON- | 20.21% |
Book Value vs Market Value Analysis
This analysis compares Societatea de Investitii Financiare Muntenia 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: 0.59x
- 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 0.87x to 0.59x 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 | RON1.99 | RON1.72 | x |
| 2021-09-30 | RON2.52 | RON1.72 | x |
| 2022-09-30 | RON2.37 | RON1.72 | x |
| 2023-09-30 | RON2.94 | RON1.72 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Societatea de Investitii Financiare Muntenia 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): 9.53%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 93.96%
- • Asset Turnover: 0.10x
- • Equity Multiplier: 1.04x
- Recent ROE (9.53%) is above the historical average (4.89%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | -1.66% | 0.00% | -0.02x | 1.04x | RON-181.61 Million |
| 2021 | 13.47% | 97.28% | 0.13x | 1.04x | RON68.50 Million |
| 2022 | -1.79% | 0.00% | -0.01x | 1.04x | RON-219.06 Million |
| 2023 | 9.53% | 93.96% | 0.10x | 1.04x | RON-10.60 Million |
Industry Comparison
This section compares Societatea de Investitii Financiare Muntenia SA's net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $3,105,462,224
- Average return on equity (ROE) among peers: 4.55%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Societatea de Investitii Financiare Muntenia SA (SIF4) | RON2.53 Billion | -1.66% | 0.05x | $3.37K |
| Evergent Investments SA (EVER) | $2.38 Billion | 2.16% | 0.08x | $172.21 Million |
| Fondul Proprietatea SA (FP) | $2.16 Billion | 11.63% | 0.13x | $294.18 Million |
| Infinity Capital Investments S.A. (INFINITY) | $4.63 Billion | 2.98% | 0.10x | $301.18 Million |
| Lion Capital S.A. (LION) | $4.52 Billion | 3.34% | 0.07x | $8.92K |
| TRANSILVANIA INVESTMENTS ALLIANCE S.A. (TRANSI) | $1.83 Billion | 2.62% | 0.05x | $233.13 Million |