Implenia AG

SW:IMPN Switzerland Engineering & Construction
Market Cap
$1.42 Billion
CHF1.30 Billion CHF
Market Cap Rank
#6383 Global
#35 in Switzerland
Share Price
CHF70.50
Change (1 day)
-1.95%
52-Week Range
CHF38.60 - CHF82.60
All Time High
CHF82.60
About

Implenia AG provides construction and real estate services in Switzerland, Germany, Austria, Norway, Sweden, France, and internationally. It operates through Real Estate, Buildings, Civil Engineering, and Specialties segments. The company offers tunnel construction; civil engineering; structural engineering; construction maintenance; works yards; building construction logistics; and bar post-tens… Read more

Implenia AG (IMPN) - Net Assets

Latest net assets as of June 2025: CHF661.00 Million CHF

Based on the latest financial reports, Implenia AG (IMPN) has net assets worth CHF661.00 Million CHF as of June 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CHF3.28 Billion) and total liabilities (CHF2.62 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 CHF661.00 Million
% of Total Assets 20.12%
Annual Growth Rate 8.43%
5-Year Change 116.7%
10-Year Change 5.27%
Growth Volatility 25.08

Implenia AG - Net Assets Trend (2004–2024)

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

Annual Net Assets for Implenia AG (2004–2024)

The table below shows the annual net assets of Implenia AG from 2004 to 2024.

Year Net Assets Change
2024-12-31 CHF656.67 Million +14.05%
2023-12-31 CHF575.77 Million +19.29%
2022-12-31 CHF482.67 Million +39.53%
2021-12-31 CHF345.92 Million +14.15%
2020-12-31 CHF303.03 Million -48.68%
2019-12-31 CHF590.47 Million +0.90%
2018-12-31 CHF585.17 Million -10.65%
2017-12-31 CHF654.91 Million -1.59%
2016-12-31 CHF665.51 Million +6.69%
2015-12-31 CHF623.78 Million -0.95%
2014-12-31 CHF629.79 Million +0.18%
2013-12-31 CHF628.69 Million +4.89%
2012-12-31 CHF599.39 Million +10.28%
2011-12-31 CHF543.53 Million +9.70%
2010-12-31 CHF495.48 Million +16.22%
2009-12-31 CHF426.34 Million +0.29%
2008-12-31 CHF425.13 Million +5.00%
2007-12-31 CHF404.89 Million +9.57%
2006-12-31 CHF369.52 Million +78.89%
2005-12-31 CHF206.56 Million +58.75%
2004-12-31 CHF130.12 Million --

Equity Component Analysis

This analysis shows how different components contribute to Implenia AG'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 2358.6% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CHF614.21 Million 94.16%
Common Stock CHF18.84 Million 2.89%
Other Comprehensive Income CHF22.29 Million 3.42%
Total Equity CHF652.32 Million 100.00%

Implenia AG Competitors by Market Cap

The table below lists competitors of Implenia AG ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Implenia AG's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 568,293,000 to 652,315,000, a change of 84,022,000 (14.8%).
  • Net income of 92,365,000 contributed positively to equity growth.
  • Dividend payments of 10,930,000 reduced retained earnings.
  • Share repurchases of 446,000 reduced equity.
  • Other comprehensive income decreased equity by 19,345,000.
  • Other factors increased equity by 22,378,000.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CHF92.36 Million +14.16%
Dividends Paid CHF10.93 Million -1.68%
Share Repurchases CHF446.00K -0.07%
Other Comprehensive Income CHF-19.34 Million -2.97%
Other Changes CHF22.38 Million +3.43%
Total Change CHF- 14.78%

Book Value vs Market Value Analysis

This analysis compares Implenia AG'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: 1.99x
  • 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 9.76x to 1.99x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2004-12-31 CHF7.22 CHF70.50 x
2005-12-31 CHF11.40 CHF70.50 x
2006-12-31 CHF21.48 CHF70.50 x
2007-12-31 CHF21.77 CHF70.50 x
2008-12-31 CHF23.21 CHF70.50 x
2009-12-31 CHF23.74 CHF70.50 x
2010-12-31 CHF27.35 CHF70.50 x
2011-12-31 CHF29.23 CHF70.50 x
2012-12-31 CHF32.06 CHF70.50 x
2013-12-31 CHF32.95 CHF70.50 x
2014-12-31 CHF33.57 CHF70.50 x
2015-12-31 CHF31.10 CHF70.50 x
2016-12-31 CHF31.26 CHF70.50 x
2017-12-31 CHF30.68 CHF70.50 x
2018-12-31 CHF27.14 CHF70.50 x
2019-12-31 CHF27.11 CHF70.50 x
2020-12-31 CHF15.10 CHF70.50 x
2021-12-31 CHF15.83 CHF70.50 x
2022-12-31 CHF25.43 CHF70.50 x
2023-12-31 CHF30.53 CHF70.50 x
2024-12-31 CHF35.35 CHF70.50 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Implenia AG 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): 14.16%
  • The company shows good efficiency in utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 2.60%
  • • Asset Turnover: 1.15x
  • • Equity Multiplier: 4.75x
  • Recent ROE (14.16%) is above the historical average (7.84%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2004 7.97% 1.17% 1.57x 4.32x CHF-2.65 Million
2005 12.27% 1.85% 1.96x 3.38x CHF4.66 Million
2006 1.44% 0.23% 1.82x 3.52x CHF-31.26 Million
2007 6.46% 1.07% 1.77x 3.39x CHF-14.01 Million
2008 9.85% 1.80% 1.71x 3.21x CHF-639.80K
2009 11.04% 2.06% 1.65x 3.24x CHF4.42 Million
2010 10.53% 2.15% 1.42x 3.43x CHF2.57 Million
2011 11.31% 2.39% 1.34x 3.54x CHF6.98 Million
2012 11.77% 2.56% 1.34x 3.42x CHF10.39 Million
2013 12.48% 2.46% 1.39x 3.64x CHF14.93 Million
2014 11.24% 2.37% 1.24x 3.83x CHF7.65 Million
2015 7.99% 1.47% 1.21x 4.50x CHF-12.14 Million
2016 9.28% 1.83% 1.24x 4.08x CHF-4.66 Million
2017 5.65% 0.93% 1.33x 4.58x CHF-27.54 Million
2018 -0.90% -0.12% 1.53x 5.11x CHF-61.09 Million
2019 5.27% 0.67% 1.44x 5.48x CHF-26.62 Million
2020 -48.32% -3.38% 1.36x 10.56x CHF-162.58 Million
2021 18.31% 1.62% 1.26x 8.95x CHF27.76 Million
2022 22.00% 2.96% 1.29x 5.78x CHF57.13 Million
2023 24.80% 3.92% 1.24x 5.11x CHF84.13 Million
2024 14.16% 2.60% 1.15x 4.75x CHF27.13 Million

Industry Comparison

This section compares Implenia AG's net assets metrics with peer companies in the Engineering & Construction industry.

Industry Context

  • Industry: Engineering & Construction
  • Average net assets among peers: $85,256,000
  • Average return on equity (ROE) among peers: 26.12%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Implenia AG (IMPN) CHF661.00 Million 7.97% 3.97x $1.27 Billion
Burkhalter Holding AG (BRKN) $85.26 Million 26.12% 1.57x $1.31 Billion