TURBOMECANICA S.A.

RO:TBM Romania Aerospace & Defense
Market Cap
$22.12 Million
RON107.14 Million RON
Market Cap Rank
#27539 Global
#44 in Romania
Share Price
RON0.29
Change (1 day)
-1.02%
52-Week Range
RON0.28 - RON0.48
All Time High
RON0.48
About

Turbomecanica SA manufactures and sells engines, mechanical assemblies, and equipment for aircraft and helicopters in Europe and Asia. It operates through Manufacturing of Aircraft Parts; Repairs of Engines; and Other segments. The company offers turbo and viper engines; aeronautical components, including various size compressor and turbine casings and disks, sealing rings and diaphragms, transmi… Read more

TURBOMECANICA S.A. (TBM) - Net Assets

Latest net assets as of September 2025: RON147.77 Million RON

Based on the latest financial reports, TURBOMECANICA S.A. (TBM) has net assets worth RON147.77 Million RON as of September 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RON239.41 Million) and total liabilities (RON91.65 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 RON147.77 Million
% of Total Assets 61.72%
Annual Growth Rate 8.93%
5-Year Change N/A
10-Year Change N/A
Growth Volatility 6.66

TURBOMECANICA S.A. - Net Assets Trend (2020–2024)

This chart illustrates how TURBOMECANICA S.A.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for TURBOMECANICA S.A. (2020–2024)

The table below shows the annual net assets of TURBOMECANICA S.A. from 2020 to 2024.

Year Net Assets Change
2024-09-30 RON152.48 Million +4.42%
2023-09-30 RON146.02 Million +18.95%
2022-09-30 RON122.75 Million +1.78%
2021-09-30 RON120.60 Million +11.34%
2020-09-30 RON108.32 Million --

Equity Component Analysis

This analysis shows how different components contribute to TURBOMECANICA S.A.'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 105169620700.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (September 2024)

Component Amount Percentage
Retained Earnings RON32.48 Million 21.30%
Other Components RON120.00 Million 78.70%
Total Equity RON152.48 Million 100.00%

TURBOMECANICA S.A. Competitors by Market Cap

The table below lists competitors of TURBOMECANICA S.A. ranked by their market capitalization.

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 146,018,653 to 152,477,253, a change of 6,458,600 (4.4%).
  • Net income of 16,158,631 contributed positively to equity growth.
  • Dividend payments of 8,394,256 reduced retained earnings.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income RON16.16 Million +10.6%
Dividends Paid RON8.39 Million -5.51%
Other Changes RON-1.31 Million -0.86%
Total Change RON- 4.42%

Book Value vs Market Value Analysis

This analysis compares TURBOMECANICA S.A.'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: 0.70x
  • 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 0.99x to 0.70x 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 RON0.29 RON0.29 x
2021-09-30 RON0.33 RON0.29 x
2022-09-30 RON0.33 RON0.29 x
2023-09-30 RON0.40 RON0.29 x
2024-09-30 RON0.41 RON0.29 x

Capital Efficiency Dashboard

This dashboard shows how efficiently TURBOMECANICA S.A. 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): 10.60%
  • The company shows good efficiency in utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 11.58%
  • • Asset Turnover: 0.54x
  • • Equity Multiplier: 1.69x
  • Recent ROE (10.60%) is above the historical average (10.04%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2020 12.32% 10.69% 0.80x 1.44x RON2.51 Million
2021 9.74% 8.97% 0.74x 1.47x RON-310.67K
2022 9.93% 8.80% 0.76x 1.48x RON-85.98K
2023 7.63% 8.51% 0.53x 1.68x RON-3.46 Million
2024 10.60% 11.58% 0.54x 1.69x RON910.91K

Industry Comparison

This section compares TURBOMECANICA S.A.'s net assets metrics with peer companies in the Aerospace & Defense industry.

Industry Context

  • Industry: Aerospace & Defense
  • Average net assets among peers: $238,065,031
  • Average return on equity (ROE) among peers: 6.73%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
TURBOMECANICA S.A. (TBM) RON147.77 Million 12.32% 0.62x $12.49 Million
Aerostar Bacau (ARS) $380.37 Million 10.11% 0.44x $90.05 Million
Santierul Naval Orsova SA (SNO) $95.76 Million 3.35% 0.12x $20.04 Million