Sabaf S.p.A

STU:SM5 Germany Furnishings, Fixtures & Appliances
Market Cap
$176.40 Million
€171.85 Million EUR
Market Cap Rank
#18276 Global
#1921 in Germany
Share Price
€13.90
Change (1 day)
+3.35%
52-Week Range
€12.70 - €15.35
All Time High
€26.99
About

Sabaf S.p.A. designs, manufactures, and sells components for household cooking appliances. It operates through Gas Parts, Hinges, and Electronic Components segments. The company offers taps with or without a flame failure device that are used in free-standing cookers or in built-in hobs; thermostats with or without a flame failure device used in free-standing cookers and built-in ovens; valves; a… Read more

Sabaf S.p.A (SM5) - Net Assets

Latest net assets as of September 2025: €158.63 Million EUR

Based on the latest financial reports, Sabaf S.p.A (SM5) has net assets worth €158.63 Million EUR as of September 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€344.86 Million) and total liabilities (€186.23 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 €158.63 Million
% of Total Assets 46.0%
Annual Growth Rate 3.58%
5-Year Change 47.48%
10-Year Change 56.47%
Growth Volatility 8.33

Sabaf S.p.A - Net Assets Trend (2013–2024)

This chart illustrates how Sabaf S.p.A's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Sabaf S.p.A (2013–2024)

The table below shows the annual net assets of Sabaf S.p.A from 2013 to 2024.

Year Net Assets Change
2024-12-31 €173.74 Million +1.97%
2023-12-31 €170.39 Million +9.11%
2022-12-31 €156.16 Million +27.55%
2021-12-31 €122.44 Million +3.93%
2020-12-31 €117.81 Million -2.72%
2019-12-31 €121.11 Million +1.47%
2018-12-31 €119.35 Million +3.73%
2017-12-31 €115.06 Million +2.45%
2016-12-31 €112.31 Million +1.14%
2015-12-31 €111.04 Million +0.27%
2014-12-31 €110.74 Million -6.12%
2013-12-31 €117.95 Million --

Equity Component Analysis

This analysis shows how different components contribute to Sabaf S.p.A'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 33.5% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings €6.93 Million 4.18%
Other Components €158.88 Million 95.82%
Total Equity €165.80 Million 100.00%

Sabaf S.p.A Competitors by Market Cap

The table below lists competitors of Sabaf S.p.A ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Sabaf S.p.A's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 162,095,000 to 165,804,000, a change of 3,709,000 (2.3%).
  • Net income of 6,928,000 contributed positively to equity growth.
  • Dividend payments of 8,663,000 reduced retained earnings.
  • Other factors increased equity by 5,444,000.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income €6.93 Million +4.18%
Dividends Paid €8.66 Million -5.22%
Other Changes €5.44 Million +3.28%
Total Change €- 2.29%

Book Value vs Market Value Analysis

This analysis compares Sabaf S.p.A'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: 1.05x
  • 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 1.36x to 1.05x 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 €10.19 €13.90 x
2018-12-31 €10.68 €13.90 x
2019-12-31 €10.03 €13.90 x
2020-12-31 €10.10 €13.90 x
2021-12-31 €10.83 €13.90 x
2022-12-31 €13.80 €13.90 x
2023-12-31 €13.03 €13.90 x
2024-12-31 €13.23 €13.90 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Sabaf S.p.A 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): 4.18%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 2.43%
  • • Asset Turnover: 0.81x
  • • Equity Multiplier: 2.13x
  • Recent ROE (4.18%) is below the historical average (9.46%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2013 6.87% 6.19% 0.77x 1.45x €-3.69 Million
2014 7.53% 6.12% 0.78x 1.57x €-2.74 Million
2015 8.10% 6.52% 0.80x 1.55x €-2.11 Million
2016 8.12% 6.88% 0.73x 1.61x €-2.09 Million
2017 13.06% 9.88% 0.81x 1.63x €3.48 Million
2018 13.27% 10.36% 0.66x 1.94x €3.84 Million
2019 8.70% 6.36% 0.63x 2.16x €-1.49 Million
2020 12.36% 7.55% 0.73x 2.25x €2.66 Million
2021 19.67% 9.08% 0.83x 2.60x €11.75 Million
2022 9.76% 6.03% 0.77x 2.11x €-367.20K
2023 1.91% 1.30% 0.66x 2.21x €-13.11 Million
2024 4.18% 2.43% 0.81x 2.13x €-9.65 Million

Industry Comparison

This section compares Sabaf S.p.A's net assets metrics with peer companies in the Furnishings, Fixtures & Appliances industry.

Industry Context

  • Industry: Furnishings, Fixtures & Appliances
  • Average net assets among peers: $1,024,644,779
  • Average return on equity (ROE) among peers: -29.42%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Sabaf S.p.A (SM5) €158.63 Million 6.87% 1.17x $99.29 Million
Elica S.p.A (7L4) $139.58 Million 5.64% 1.87x $14.64 Million
Man Wah Holdings Limited (AAM) $6.72 Billion 20.31% 0.96x $703.07 Million
A.S. Création Tapeten AG (ACWN) $65.87 Million -9.14% 0.59x $6.42 Million
Herman Miller Inc (MHR) $524.70 Million 26.05% 1.35x $1.11 Billion
Nobia AB (publ) (NI8) $947.00 Million -343.51% 8.54x $79.90 Million
Dexelance S.p.A. (QZ2) $154.38 Million 18.14% 2.08x $21.39 Million
Samson Holding Ltd (S9K) $327.42 Million -14.85% 0.95x $46.41 Million
Surteco Group SE (SUR) $334.90 Million 5.28% 0.96x $103.45 Million
Vilniaus Baldai AB (UE3) $11.89 Million 27.25% 1.28x $25.04 Million