Vrancart Adjud Net Assets
Vrancart Adjud net assets. Based on the latest financial reports, Vrancart Adjud (VNC) has net assets worth RON353.15 Million RON (≈ $81.09 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 (RON831.04 Million ≈ $190.82 Million USD) and total liabilities (RON477.89 Million ≈ $109.73 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. Also explore VNC shareholders equity momentum to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | RON353.15 Million |
| % of Total Assets | 42.49% |
| Annual Growth Rate | 10.54% |
| 5-Year Change | 63.02% |
| 10-Year Change | N/A |
| Growth Volatility | 10.82 |
Net Assets of Vrancart Adjud (2019–2024)
Net assets of Vrancart Adjud from 2019 to 2024. This chart illustrates how Vrancart Adjud's net assets have evolved over time, based on quarterly financial data. See VNC equity to assets ratio to measure how much of total assets are equity-financed.
Annual Net Assets for Vrancart Adjud (2019–2024)
The table below shows the annual net assets of Vrancart Adjud from 2019 to 2024. For live market cap and overall valuation, see Vrancart Adjud market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-09-30 | RON371.32 Million ≈ $85.26 Million |
+3.85% |
| 2023-09-30 | RON357.54 Million ≈ $82.10 Million |
+13.37% |
| 2022-09-30 | RON315.37 Million ≈ $72.41 Million |
+31.13% |
| 2021-09-30 | RON240.51 Million ≈ $55.22 Million |
+5.59% |
| 2020-09-30 | RON227.78 Million ≈ $52.30 Million |
+1.28% |
| 2019-09-30 | RON224.90 Million ≈ $51.64 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Vrancart Adjud'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 191.1% over the analyzed period, potentially due to dividend distributions or operating losses.
Vrancart Adjud Net Assets Breakdown (September 2024)
Vrancart Adjud net assets breakdown by equity component as of September 2024.
| Component | Amount | Percentage |
|---|---|---|
| Other Components | RON380.62 Million | 102.50% |
| Total Equity | RON371.32 Million | 100.00% |
Vrancart Adjud Competitors by Market Cap
The table below lists competitors of Vrancart Adjud ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Kaplamin Ambalaj Sanayi ve Ticaret AS
IS:KAPLM
|
$42.47 Million |
|
Better Life Group Co Ltd
TW:1805
|
$42.48 Million |
|
MODULIGHT OY EO 1
F:78W
|
$42.49 Million |
|
Train Alliance Sweden AB Series B
ST:TRAIN-B
|
$42.49 Million |
|
Oil Country Tubular Limited
NSE:OILCOUNTUB
|
$42.45 Million |
|
Australian Unity Office Fund
AU:AOF
|
$42.45 Million |
|
Premium Snacks Nordic AB
ST:SNX
|
$42.45 Million |
|
Dacome International Ltd
TWO:9960
|
$42.44 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Vrancart Adjud's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 357,546,992 to 371,320,871, a change of 13,773,879 (3.9%).
- Net loss of 18,270,004 reduced equity.
- New share issuances of 31,956,911 increased equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RON-18.27 Million | -4.92% |
| Share Issuances | RON31.96 Million | +8.61% |
| Other Changes | RON86.97K | +0.02% |
| Total Change | RON- | 3.85% |
Book Value vs Market Value Analysis
This analysis compares Vrancart Adjud'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: 0.50x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-09-30 | RON0.16 | RON0.09 | x |
| 2020-09-30 | RON0.17 | RON0.09 | x |
| 2022-09-30 | RON0.21 | RON0.09 | x |
| 2023-09-30 | RON0.20 | RON0.09 | x |
| 2024-09-30 | RON0.18 | RON0.09 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Vrancart Adjud 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): -4.92%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -3.75%
- • Asset Turnover: 0.56x
- • Equity Multiplier: 2.33x
- Recent ROE (-4.92%) is below the historical average (4.02%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 10.32% | 6.41% | 0.77x | 2.09x | RON720.47K |
| 2020 | 7.29% | 4.75% | 0.75x | 2.04x | RON-6.16 Million |
| 2021 | 2.64% | 1.40% | 0.85x | 2.22x | RON-17.71 Million |
| 2022 | 7.28% | 3.78% | 0.88x | 2.18x | RON-8.59 Million |
| 2023 | 1.52% | 1.08% | 0.65x | 2.17x | RON-30.33 Million |
| 2024 | -4.92% | -3.75% | 0.56x | 2.33x | RON-55.40 Million |
Industry Comparison
This section compares Vrancart Adjud's net assets metrics with peer companies in the Packaging & Containers industry.
Industry Context
- Industry: Packaging & Containers
- Average net assets among peers: $116,506,418
- Average return on equity (ROE) among peers: -3.34%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Vrancart Adjud (VNC) | RON353.15 Million | 10.32% | 1.35x | $42.46 Million |
| Promateris SA (PPL) | $93.45 Million | -4.82% | 1.23x | $48.76 Million |
| Romcarbon Sa B (ROCE) | $139.56 Million | -1.85% | 1.14x | $26.81 Million |
About Vrancart Adjud
Vrancart S.A. produces and sells corrugated cardboard and paper in various assortments in Romania. The company offers corrugated cardboards, including single-wall, double-wall, double-double wall, and single-faced corrugated cardboards; paperboard products comprising testliner, Wellenstoff, Schrenz, and sized papers; and tissue paper, paper towels, and tissue paper products. It also provides wast… Read more