ComfortDelGro Corporation Limited
ComfortDelGro Corporation Limited, together with its subsidiaries, provides public transportation services in Singapore, the United Kingdom, Australia, China, Malaysia, Ireland, New Zealand, and Vietnam. It operates through five segments: Public Transport, Taxi/PHV, Other Private Transport, Inspection and Testing Services, and Other Segments. The company offers bus and rail services to commuters;… Read more
ComfortDelGro Corporation Limited (VZ1) - Net Assets
Latest net assets as of June 2025: €3.03 Billion EUR
Based on the latest financial reports, ComfortDelGro Corporation Limited (VZ1) has net assets worth €3.03 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 (€5.92 Billion) and total liabilities (€2.89 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 | €3.03 Billion |
| % of Total Assets | 51.14% |
| Annual Growth Rate | 0.72% |
| 5-Year Change | -0.11% |
| 10-Year Change | 0.43% |
| Growth Volatility | 3.37 |
ComfortDelGro Corporation Limited - Net Assets Trend (2013–2024)
This chart illustrates how ComfortDelGro Corporation Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for ComfortDelGro Corporation Limited (2013–2024)
The table below shows the annual net assets of ComfortDelGro Corporation Limited from 2013 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €3.03 Billion | +0.39% |
| 2023-12-31 | €3.01 Billion | +0.48% |
| 2022-12-31 | €3.00 Billion | -4.37% |
| 2021-12-31 | €3.14 Billion | +3.55% |
| 2020-12-31 | €3.03 Billion | +0.66% |
| 2019-12-31 | €3.01 Billion | -0.60% |
| 2018-12-31 | €3.03 Billion | -0.35% |
| 2017-12-31 | €3.04 Billion | -4.83% |
| 2016-12-31 | €3.19 Billion | +5.96% |
| 2015-12-31 | €3.01 Billion | +6.12% |
| 2014-12-31 | €2.84 Billion | +1.59% |
| 2013-12-31 | €2.79 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to ComfortDelGro Corporation Limited'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 29.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €2.01 Billion | 77.33% |
| Other Components | €589.30 Million | 22.67% |
| Total Equity | €2.60 Billion | 100.00% |
ComfortDelGro Corporation Limited Competitors by Market Cap
The table below lists competitors of ComfortDelGro Corporation Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Hisamitsu Pharmaceutical Co. Inc
F:HPX
|
$2.09 Billion |
|
Hellenic Telec
LSE:0FIZ
|
$2.09 Billion |
|
Dave Inc
NASDAQ:DAVE
|
$2.09 Billion |
|
Enka Insaat ve Sanayi A.S
OTCGREY:EKIVF
|
$2.10 Billion |
|
InnoDisk
TWO:5289
|
$2.09 Billion |
|
Grupa KĘTY SA
WAR:KTY
|
$2.09 Billion |
|
Adamas Trust, Inc.
NASDAQ:ADAMG
|
$2.09 Billion |
|
Anyuan Coal Industry Group Co Ltd
SHG:600397
|
$2.09 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in ComfortDelGro Corporation Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,597,700,000 to 2,599,000,000, a change of 1,300,000 (0.1%).
- Net income of 210,500,000 contributed positively to equity growth.
- Dividend payments of 157,700,000 reduced retained earnings.
- Share repurchases of 200,000 reduced equity.
- Other factors decreased equity by 51,300,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €210.50 Million | +8.1% |
| Dividends Paid | €157.70 Million | -6.07% |
| Share Repurchases | €200.00K | -0.01% |
| Other Changes | €-51.30 Million | -1.97% |
| Total Change | €- | 0.05% |
Book Value vs Market Value Analysis
This analysis compares ComfortDelGro Corporation Limited'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: 0.80x
- 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 |
|---|---|---|---|
| 2017-12-31 | €1.21 | €0.96 | x |
| 2018-12-31 | €1.21 | €0.96 | x |
| 2019-12-31 | €1.20 | €0.96 | x |
| 2020-12-31 | €1.20 | €0.96 | x |
| 2021-12-31 | €1.25 | €0.96 | x |
| 2022-12-31 | €1.19 | €0.96 | x |
| 2023-12-31 | €1.20 | €0.96 | x |
| 2024-12-31 | €1.20 | €0.96 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently ComfortDelGro Corporation Limited 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): 8.10%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.70%
- • Asset Turnover: 0.78x
- • Equity Multiplier: 2.20x
- Recent ROE (8.10%) is below the historical average (9.43%), 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 | 12.22% | 7.02% | 0.74x | 2.36x | €47.73 Million |
| 2014 | 12.95% | 7.00% | 0.77x | 2.39x | €64.51 Million |
| 2015 | 12.93% | 7.34% | 0.79x | 2.23x | €68.39 Million |
| 2016 | 12.81% | 7.81% | 0.79x | 2.07x | €69.55 Million |
| 2017 | 11.52% | 7.59% | 0.82x | 1.84x | €39.68 Million |
| 2018 | 11.60% | 7.97% | 0.74x | 1.97x | €41.94 Million |
| 2019 | 10.22% | 6.79% | 0.73x | 2.07x | €5.60 Million |
| 2020 | 2.37% | 1.91% | 0.61x | 2.04x | €-198.88 Million |
| 2021 | 4.81% | 3.68% | 0.71x | 1.83x | €-140.55 Million |
| 2022 | 6.74% | 4.58% | 0.80x | 1.83x | €-83.79 Million |
| 2023 | 6.95% | 4.65% | 0.83x | 1.81x | €-79.27 Million |
| 2024 | 8.10% | 4.70% | 0.78x | 2.20x | €-49.40 Million |
Industry Comparison
This section compares ComfortDelGro Corporation Limited's net assets metrics with peer companies in the Railroads industry.
Industry Context
- Industry: Railroads
- Average net assets among peers: $24,049,168,958
- Average return on equity (ROE) among peers: -1.65%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| ComfortDelGro Corporation Limited (VZ1) | €3.03 Billion | 12.22% | 0.96x | $2.09 Billion |
| Bangkok Expressway and Metro PCL F (B4X) | $37.66 Billion | 9.24% | 1.99x | $958.90 Million |
| SBF AG (CY1K) | $14.58 Million | 20.66% | 0.36x | $39.81 Million |
| The Greenbrier Companies Inc (G90) | $863.49 Million | 22.33% | 1.07x | $1.35 Billion |
| ÜSTRA Hannoversche Verkehrsbetriebe Aktiengesellschaft (HVB) | $20.18 Million | -47.02% | 17.07x | $1.21 Million |
| JUNGFRAUB. HLDG NA SF 1,5 (J4F) | $640.37 Million | 6.80% | 0.32x | $1.71 Billion |
| Transport International Holdings Limited (KWO) | $10.20 Billion | 7.06% | 0.51x | $270.22 Million |
| L.B. Foster Company (LB1A) | $146.48 Million | 2.81% | 1.71x | $211.18 Million |
| Nippon Sharyo Ltd (NIP) | $20.95 Billion | -39.47% | 5.08x | $135.99 Million |
| Nishi-Nippon Railroad Co. Ltd (NNR) | $169.94 Billion | -7.10% | 3.16x | $1.26 Billion |
| SMT Scharf AG (S188) | $48.71 Million | 8.18% | 0.48x | $16.52 Million |