Evolution AB
Evolution AB operates in various business sectors.
Evolution AB (E3G1) - Net Assets
Latest net assets as of June 2024: €3.68 Billion EUR
Based on the latest financial reports, Evolution AB (E3G1) has net assets worth €3.68 Billion EUR as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€4.80 Billion) and total liabilities (€1.12 Billion). 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 | €3.68 Billion |
| % of Total Assets | 76.65% |
| Annual Growth Rate | 89.91% |
| 5-Year Change | 1326.22% |
| 10-Year Change | N/A |
| Growth Volatility | 337.57 |
Evolution AB - Net Assets Trend (2018–2023)
This chart illustrates how Evolution AB's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Evolution AB (2018–2023)
The table below shows the annual net assets of Evolution AB from 2018 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | €4.01 Billion | +15.78% |
| 2022-12-31 | €3.46 Billion | +8.44% |
| 2021-12-31 | €3.19 Billion | +17.05% |
| 2020-12-31 | €2.73 Billion | +870.52% |
| 2019-12-31 | €280.90 Million | +73.10% |
| 2018-12-31 | €162.27 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Evolution AB'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 1054.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €1.80 Billion | 44.95% |
| Other Components | €2.21 Billion | 55.05% |
| Total Equity | €4.01 Billion | 100.00% |
Evolution AB Competitors by Market Cap
The table below lists competitors of Evolution AB ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Tritax Big Box REIT plc
LSE:BBOX
|
$561.54K |
|
ACME Lithium Inc
OTCQB:ACLHF
|
$561.74K |
|
BOSTON SCIENTIFIC (BSX.SG)
STU:BSX
|
$561.80K |
|
Busan Industrial Co. Ltd.
KQ:011390
|
$562.45K |
|
Urban Infrastructure Group Inc.
V:UIG
|
$561.29K |
|
Alelion Energy Systems AB
ST:ALELIO
|
$560.82K |
|
Rainmaker Worldwide Inc
PINK:RAKR
|
$560.81K |
|
SRIVARU Holding Limited Warrant
NASDAQ:SVMHW
|
$560.65K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Evolution AB's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 3,460,281,000 to 4,006,215,000, a change of 545,934,000 (15.8%).
- Net income of 1,070,858,000 contributed positively to equity growth.
- Dividend payments of 427,398,000 reduced retained earnings.
- Share repurchases of 115,758,000 reduced equity.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €1.07 Billion | +26.73% |
| Dividends Paid | €427.40 Million | -10.67% |
| Share Repurchases | €115.76 Million | -2.89% |
| Other Changes | €30.67 Million | +0.77% |
| Total Change | €- | 15.78% |
Book Value vs Market Value Analysis
This analysis compares Evolution AB'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: 2.93x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 60.98x to 2.93x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-12-31 | €0.90 | €55.02 | x |
| 2019-12-31 | €1.55 | €55.02 | x |
| 2020-12-31 | €12.84 | €55.02 | x |
| 2021-12-31 | €14.97 | €55.02 | x |
| 2022-12-31 | €16.23 | €55.02 | x |
| 2023-12-31 | €18.76 | €55.02 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Evolution AB 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): 26.73%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 59.54%
- • Asset Turnover: 0.36x
- • Equity Multiplier: 1.24x
- Recent ROE (26.73%) is below the historical average (34.53%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | 51.43% | 34.01% | 1.02x | 1.48x | €67.23 Million |
| 2019 | 75.21% | 47.56% | 1.02x | 1.55x | €183.17 Million |
| 2020 | 10.44% | 50.72% | 0.18x | 1.16x | €12.00 Million |
| 2021 | 18.97% | 56.65% | 0.27x | 1.22x | €286.34 Million |
| 2022 | 24.37% | 57.89% | 0.33x | 1.26x | €497.33 Million |
| 2023 | 26.73% | 59.54% | 0.36x | 1.24x | €670.24 Million |
Industry Comparison
This section compares Evolution AB's net assets metrics with peer companies in the same industry.
No peer company data available for comparison.