Societatea Nationala de Transport Gaze Naturale Transgaz SA (TGN) - Net Assets
Based on the latest financial reports, Societatea Nationala de Transport Gaze Naturale Transgaz SA (TGN) has net assets worth RON4.71 Billion RON (≈ $1.08 Billion USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RON10.92 Billion ≈ $2.51 Billion USD) and total liabilities (RON6.20 Billion ≈ $1.42 Billion 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. Also explore Societatea Nationala de Transport Gaze N balance sheet assets for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | RON4.71 Billion |
| % of Total Assets | 43.18% |
| Annual Growth Rate | 4.06% |
| 5-Year Change | 22.95% |
| 10-Year Change | N/A |
| Growth Volatility | 3.43 |
Societatea Nationala de Transport Gaze Naturale Transgaz SA - Net Assets Trend (2019–2024)
This chart illustrates how Societatea Nationala de Transport Gaze Naturale Transgaz SA's net assets have evolved over time, based on quarterly financial data. Check Societatea Nationala de Transport Gaze N tangible book value ratio to evaluate the tangible quality of the company's equity base.
Annual Net Assets for Societatea Nationala de Transport Gaze Naturale Transgaz SA (2019–2024)
The table below shows the annual net assets of Societatea Nationala de Transport Gaze Naturale Transgaz SA from 2019 to 2024. For live valuation and market cap data, see Societatea Nationala de Transport Gaze N (TGN) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2024-09-30 | RON4.61 Billion ≈ $1.06 Billion |
+9.25% |
| 2023-09-30 | RON4.22 Billion ≈ $968.09 Million |
+1.82% |
| 2022-09-30 | RON4.14 Billion ≈ $950.82 Million |
+4.35% |
| 2021-09-30 | RON3.97 Billion ≈ $911.20 Million |
+5.93% |
| 2020-09-30 | RON3.75 Billion ≈ $860.20 Million |
-0.77% |
| 2019-09-30 | RON3.78 Billion ≈ $866.87 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Societatea Nationala de Transport Gaze Naturale Transgaz 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 62.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (September 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RON645.64 Million | 14.37% |
| Other Components | RON3.85 Billion | 85.63% |
| Total Equity | RON4.49 Billion | 100.00% |
Societatea Nationala de Transport Gaze Naturale Transgaz SA Competitors by Market Cap
The table below lists competitors of Societatea Nationala de Transport Gaze Naturale Transgaz SA ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Pepkor Holdings Ltd
JSE:PPH
|
$4.19 Billion |
|
Vontier Corp
NYSE:VNT
|
$4.19 Billion |
|
Mobile World Investment Corp
VN:MWG
|
$4.20 Billion |
|
GMS Inc
NYSE:GMS
|
$4.20 Billion |
|
PennyMac Finl Svcs Inc
NYSE:PFSI
|
$4.19 Billion |
|
WIN Semiconductors
TWO:3105
|
$4.19 Billion |
|
De Grey Mining Ltd
AU:DEG
|
$4.19 Billion |
|
Silgan Holdings Inc
NYSE:SLGN
|
$4.18 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Societatea Nationala de Transport Gaze Naturale Transgaz SA's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 4,118,983,232 to 4,494,073,776, a change of 375,090,544 (9.1%).
- Net income of 404,130,064 contributed positively to equity growth.
- Dividend payments of 66,079,699 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RON404.13 Million | +8.99% |
| Dividends Paid | RON66.08 Million | -1.47% |
| Other Changes | RON37.04 Million | +0.82% |
| Total Change | RON- | 9.11% |
Book Value vs Market Value Analysis
This analysis compares Societatea Nationala de Transport Gaze Naturale Transgaz 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: 4.06x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 4.84x to 4.06x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-09-30 | RON20.04 | RON96.90 | x |
| 2020-09-30 | RON19.89 | RON96.90 | x |
| 2021-09-30 | RON20.57 | RON96.90 | x |
| 2022-09-30 | RON21.54 | RON96.90 | x |
| 2023-09-30 | RON21.87 | RON96.90 | x |
| 2024-09-30 | RON23.86 | RON96.90 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Societatea Nationala de Transport Gaze Naturale Transgaz 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): 8.99%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 9.45%
- • Asset Turnover: 0.39x
- • Equity Multiplier: 2.45x
- Recent ROE (8.99%) is above the historical average (6.74%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 9.04% | 12.39% | 0.48x | 1.54x | RON-36.13 Million |
| 2020 | 4.41% | 5.41% | 0.42x | 1.93x | RON-209.40 Million |
| 2021 | 4.60% | 7.39% | 0.30x | 2.07x | RON-209.34 Million |
| 2022 | 8.67% | 12.79% | 0.33x | 2.03x | RON-53.91 Million |
| 2023 | 4.75% | 8.59% | 0.26x | 2.13x | RON-216.07 Million |
| 2024 | 8.99% | 9.45% | 0.39x | 2.45x | RON-45.28 Million |
Industry Comparison
This section compares Societatea Nationala de Transport Gaze Naturale Transgaz SA's net assets metrics with peer companies in the Utilities - Regulated Gas industry.
No peer company data available for comparison.
About Societatea Nationala de Transport Gaze Naturale Transgaz SA
S.N.T.G.N. Transgaz S.A., together with its subsidiaries, engages in the operation of natural gas transmission systems in Romania and the Republic of Moldova. The company is also involved in the maintenance and operation of the national gas transmission system; natural gas dispatching; and research and design activities in natural gas transmission. In addition, the company provides commercial bal… Read more