TURBOMECANICA S.A. (TBM) - Net Assets

Latest as of September 2025: RON147.77 Million RON ≈ $33.93 Million USD

Based on the latest financial reports, TURBOMECANICA S.A. (TBM) has net assets worth RON147.77 Million RON (≈ $33.93 Million USD) 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 ≈ $54.97 Million USD) and total liabilities (RON91.65 Million ≈ $21.04 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 TBM cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.

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. Also explore TBM total assets for the complete picture of this company's asset base.

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. For live valuation and market cap data, see TBM stock market capitalisation.

Year	Net Assets	Change
2024-09-30	RON152.48 Million ≈ $35.01 Million	+4.42%
2023-09-30	RON146.02 Million ≈ $33.53 Million	+18.95%
2022-09-30	RON122.75 Million ≈ $28.19 Million	+1.78%
2021-09-30	RON120.60 Million ≈ $27.69 Million	+11.34%
2020-09-30	RON108.32 Million ≈ $24.87 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.

Company	Market Cap
Euro Holdings Bhd KLSE:7208	$23.34 Million
ProMIS Neurosciences Inc. NASDAQ:PMN	$23.35 Million
IQuest Co. Ltd. KQ:262840	$23.36 Million
Robit Oyj HE:ROBIT	$23.38 Million
Derwent London PLC LSE:DLN	$23.32 Million
Superdong Fast Ferry Kien Giang JSC VN:SKG	$23.32 Million
Stakeholder Gold Corp V:SRC	$23.31 Million
Master Pack Group Bhd KLSE:7029	$23.31 Million

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: 0.67x
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 0.94x to 0.67x 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	RON0.28	x
2021-09-30	RON0.33	RON0.28	x
2022-09-30	RON0.33	RON0.28	x
2023-09-30	RON0.40	RON0.28	x
2024-09-30	RON0.41	RON0.28	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: $258,574,031
Average return on equity (ROE) among peers: 8.79%

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	$23.33 Million
Aerostar Bacau (ARS)	$421.39 Million	14.22%	0.48x	$437.07 Million
Santierul Naval Orsova SA (SNO)	$95.76 Million	3.35%	0.12x	$42.23 Million

About TURBOMECANICA S.A.

RO:TBM Romania Aerospace & Defense

Market Cap

$23.33 Million

RON101.60 Million RON

Market Cap Rank

#24625 Global

#50 in Romania

Share Price

RON0.28

Change (1 day)

-1.79%

52-Week Range

RON0.26 - RON0.48

All Time High

RON0.48