Piovan SpA
Piovan SpA operates in various business sectors.
Piovan SpA (PV0) - Net Assets
Latest net assets as of June 2024: €179.43 Million EUR
Based on the latest financial reports, Piovan SpA (PV0) has net assets worth €179.43 Million EUR as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€510.19 Million) and total liabilities (€330.76 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 | €179.43 Million |
| % of Total Assets | 35.17% |
| Annual Growth Rate | 24.72% |
| 5-Year Change | 162.98% |
| 10-Year Change | N/A |
| Growth Volatility | 9.07 |
Piovan SpA - Net Assets Trend (2018–2023)
This chart illustrates how Piovan SpA's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Piovan SpA (2018–2023)
The table below shows the annual net assets of Piovan SpA from 2018 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | €171.34 Million | +26.98% |
| 2022-12-31 | €134.93 Million | +37.05% |
| 2021-12-31 | €98.45 Million | +31.91% |
| 2020-12-31 | €74.63 Million | +14.55% |
| 2019-12-31 | €65.15 Million | +14.75% |
| 2018-12-31 | €56.78 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Piovan SpA'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 106.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €49.40 Million | 29.28% |
| Other Components | €119.34 Million | 70.72% |
| Total Equity | €168.74 Million | 100.00% |
Piovan SpA Competitors by Market Cap
The table below lists competitors of Piovan SpA ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Brookfield Finance Inc. 4.50% P
NYSE:BNJ
|
$136.28K |
|
VISHAY INTERTECHNOL - Dusseldorf Stock Exchang
DU:VHY
|
$136.32K |
|
BABCOCK INTL GRP
BE:BW3
|
$136.37K |
|
GESCO N - Dusseldorf Stock Exchang
DU:GSC1
|
$136.39K |
|
I.C.P. Israel Citrus Plantations Ltd
TA:CTPL1
|
$136.11K |
|
TOSOH CORP
MU:TOS
|
$136.10K |
|
Labo Print SA
WAR:LAB
|
$136.10K |
|
RWC Inc
PINK:RWCI
|
$136.06K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Piovan SpA's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 133,111,000 to 168,737,000, a change of 35,626,000 (26.8%).
- Net income of 49,400,000 contributed positively to equity growth.
- Dividend payments of 10,206,000 reduced retained earnings.
- Other factors decreased equity by 3,568,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €49.40 Million | +29.28% |
| Dividends Paid | €10.21 Million | -6.05% |
| Other Changes | €-3.57 Million | -2.11% |
| Total Change | €- | 26.76% |
Book Value vs Market Value Analysis
This analysis compares Piovan SpA'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: 4.13x
- 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 13.12x to 4.13x 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 | €1.04 | €13.65 | x |
| 2019-12-31 | €1.21 | €13.65 | x |
| 2020-12-31 | €1.42 | €13.65 | x |
| 2021-12-31 | €1.90 | €13.65 | x |
| 2022-12-31 | €2.61 | €13.65 | x |
| 2023-12-31 | €3.31 | €13.65 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Piovan SpA 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): 29.28%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.69%
- • Asset Turnover: 1.13x
- • Equity Multiplier: 2.99x
- Recent ROE (29.28%) is below the historical average (30.73%), 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 | 45.07% | 9.75% | 1.40x | 3.30x | €18.58 Million |
| 2019 | 30.47% | 8.05% | 1.04x | 3.65x | €12.56 Million |
| 2020 | 24.36% | 7.88% | 0.83x | 3.73x | €10.40 Million |
| 2021 | 29.22% | 9.91% | 0.89x | 3.30x | €18.65 Million |
| 2022 | 25.98% | 6.52% | 1.01x | 3.93x | €21.28 Million |
| 2023 | 29.28% | 8.69% | 1.13x | 2.99x | €32.53 Million |
Industry Comparison
This section compares Piovan SpA's net assets metrics with peer companies in the same industry.
No peer company data available for comparison.