Caltagirone SpA
Caltagirone SpA, through its subsidiaries, engages in the cement manufacturing, media, real estate, and publishing activities. It is involved the publication of Italian newspapers, internet content, and social press; cement, aggregates, concrete, and value-added products; and leasing, sale, enhancement, management, and maintenance of building apartments in residential areas. The company also buil… Read more
Caltagirone SpA (QCG) - Net Assets
Latest net assets as of June 2025: €3.40 Billion EUR
Based on the latest financial reports, Caltagirone SpA (QCG) has net assets worth €3.40 Billion EUR as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€4.82 Billion) and total liabilities (€1.42 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 | €3.40 Billion |
| % of Total Assets | 70.6% |
| Annual Growth Rate | 4.08% |
| 5-Year Change | 57.61% |
| 10-Year Change | 43.27% |
| Growth Volatility | 6.86 |
Caltagirone SpA - Net Assets Trend (2013–2024)
This chart illustrates how Caltagirone 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 Caltagirone SpA (2013–2024)
The table below shows the annual net assets of Caltagirone SpA from 2013 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €3.26 Billion | +16.81% |
| 2023-12-31 | €2.79 Billion | +9.64% |
| 2022-12-31 | €2.54 Billion | +12.30% |
| 2021-12-31 | €2.26 Billion | +9.59% |
| 2020-12-31 | €2.07 Billion | -3.69% |
| 2019-12-31 | €2.15 Billion | +3.73% |
| 2018-12-31 | €2.07 Billion | -0.10% |
| 2017-12-31 | €2.07 Billion | -4.07% |
| 2016-12-31 | €2.16 Billion | -5.06% |
| 2015-12-31 | €2.27 Billion | +4.03% |
| 2014-12-31 | €2.19 Billion | +4.20% |
| 2013-12-31 | €2.10 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Caltagirone 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 249.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €1.50 Billion | 80.39% |
| Other Components | €366.61 Million | 19.61% |
| Total Equity | €1.87 Billion | 100.00% |
Caltagirone SpA Competitors by Market Cap
The table below lists competitors of Caltagirone SpA ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Accel S.A.B. de C.V
MX:ACCELSAB
|
$141.07 Million |
|
Warriedar Resources Ltd
AU:WA8
|
$141.08 Million |
|
Grendene S.A
SA:GRND3
|
$141.13 Million |
|
Electronics Mart India Limited
NSE:EMIL
|
$141.15 Million |
|
Malaysia Smelting Corporation Bhd
KLSE:5916
|
$141.04 Million |
|
Azul SA
NYSE:AZUL
|
$141.03 Million |
|
Information Services Group Inc
NASDAQ:III
|
$141.00 Million |
|
SHANGHAI FUDAN H YC-,10
F:FDY
|
$140.98 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Caltagirone SpA's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,531,592,000 to 1,869,653,000, a change of 338,061,000 (22.1%).
- Net income of 130,067,000 contributed positively to equity growth.
- Dividend payments of 83,775,000 reduced retained earnings.
- Other factors increased equity by 291,769,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €130.07 Million | +6.96% |
| Dividends Paid | €83.78 Million | -4.48% |
| Other Changes | €291.77 Million | +15.61% |
| Total Change | €- | 22.07% |
Book Value vs Market Value Analysis
This analysis compares Caltagirone 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: 0.59x
- 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 1.09x to 0.59x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | €8.48 | €9.22 | x |
| 2018-12-31 | €8.57 | €9.22 | x |
| 2019-12-31 | €9.44 | €9.22 | x |
| 2020-12-31 | €9.13 | €9.22 | x |
| 2021-12-31 | €10.28 | €9.22 | x |
| 2022-12-31 | €11.36 | €9.22 | x |
| 2023-12-31 | €12.75 | €9.22 | x |
| 2024-12-31 | €15.56 | €9.22 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Caltagirone 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): 6.96%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.21%
- • Asset Turnover: 0.44x
- • Equity Multiplier: 2.56x
- Recent ROE (6.96%) is above the historical average (5.61%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 0.71% | 0.46% | 0.43x | 3.56x | €-85.21 Million |
| 2014 | 3.86% | 2.86% | 0.40x | 3.36x | €-59.52 Million |
| 2015 | 4.38% | 3.37% | 0.40x | 3.23x | €-57.62 Million |
| 2016 | 8.30% | 6.21% | 0.32x | 4.19x | €-16.88 Million |
| 2017 | 4.80% | 3.49% | 0.36x | 3.85x | €-52.94 Million |
| 2018 | 5.89% | 4.12% | 0.40x | 3.53x | €-42.30 Million |
| 2019 | 3.89% | 3.07% | 0.39x | 3.21x | €-69.29 Million |
| 2020 | 4.09% | 3.16% | 0.40x | 3.19x | €-64.83 Million |
| 2021 | 7.72% | 6.15% | 0.44x | 2.84x | €-28.11 Million |
| 2022 | 8.16% | 5.80% | 0.49x | 2.84x | €-25.16 Million |
| 2023 | 8.56% | 6.80% | 0.46x | 2.72x | €-22.09 Million |
| 2024 | 6.96% | 6.21% | 0.44x | 2.56x | €-56.90 Million |
Industry Comparison
This section compares Caltagirone SpA's net assets metrics with peer companies in the Building Materials industry.
Industry Context
- Industry: Building Materials
- Average net assets among peers: $396,450,697,206
- Average return on equity (ROE) among peers: 7.41%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Caltagirone SpA (QCG) | €3.40 Billion | 0.71% | 0.42x | $141.05 Million |
| PT Semen Baturaja (Persero) Tbk (15B) | $3.09 Trillion | 3.07% | 0.69x | $8.60 Million |
| Loma Negra Compañía Industrial Argentina Sociedad Anónima (8LN) | $294.22 Billion | 7.63% | 1.17x | $1.26 Billion |
| BBMG Corporation (9BM) | $94.46 Billion | 3.01% | 2.08x | $438.95 Million |
| China National Building Material Company Limited (D1Y) | $66.98 Billion | 8.91% | 3.73x | $2.28 Billion |
| Cementos Pacasmayo S.A.A (EPCC) | $1.20 Billion | 14.80% | 1.77x | $786.60 Million |
| Pilkington Deutschland AG (FDD) | $238.95 Million | 8.91% | 0.97x | $27.60 Million |
| Heidelberg Materials AG (HEI) | $12.58 Billion | 5.92% | 1.14x | $21.89 Billion |
| Amrize AG (J0J) | $9.20 Billion | 10.39% | 1.50x | $24.26 Billion |
| Luks Group (Vietnam Holdings) Company Limited (LU4) | $2.27 Billion | 4.08% | 0.21x | $21.96 Million |