EuroHold Bulgaria AD
Eurohold Bulgaria AD engages in the energy business in Bulgaria, North Macedonia, Greece, Romania, Belarus, Georgia, Ukraine, Spain, Italy, Poland, Germany, the United Kingdom, and the Netherlands. It operates through Energy, Insurance, and Financial Services segments. The company offers energy services comprising access to and transmission of electrical energy through the power distribution netw… Read more
EuroHold Bulgaria AD (EHG) - Net Assets
Latest net assets as of December 2025: zł385.93 Million PLN
Based on the latest financial reports, EuroHold Bulgaria AD (EHG) has net assets worth zł385.93 Million PLN as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (zł3.23 Billion) and total liabilities (zł2.85 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 | zł385.93 Million |
| % of Total Assets | 11.93% |
| Annual Growth Rate | 4.31% |
| 5-Year Change | 4.16% |
| 10-Year Change | 234.84% |
| Growth Volatility | 62.05 |
EuroHold Bulgaria AD - Net Assets Trend (2008–2025)
This chart illustrates how EuroHold Bulgaria AD's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for EuroHold Bulgaria AD (2008–2025)
The table below shows the annual net assets of EuroHold Bulgaria AD from 2008 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | zł385.93 Million | +42.74% |
| 2024-12-31 | zł270.37 Million | +129.68% |
| 2023-12-31 | zł117.71 Million | +72.71% |
| 2022-12-31 | zł68.16 Million | -81.60% |
| 2021-12-31 | zł370.51 Million | +174.56% |
| 2020-12-31 | zł134.94 Million | -31.02% |
| 2019-12-31 | zł195.62 Million | -5.64% |
| 2018-12-31 | zł207.32 Million | -3.35% |
| 2017-12-31 | zł214.51 Million | +86.11% |
| 2016-12-31 | zł115.26 Million | -3.32% |
| 2015-12-31 | zł119.22 Million | -51.10% |
| 2014-12-31 | zł243.82 Million | +2.60% |
| 2013-12-31 | zł237.65 Million | +2.57% |
| 2012-12-31 | zł231.70 Million | -5.86% |
| 2011-12-31 | zł246.12 Million | +18.72% |
| 2010-12-31 | zł207.30 Million | -9.79% |
| 2009-12-31 | zł229.81 Million | +21.97% |
| 2008-12-31 | zł188.42 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to EuroHold Bulgaria AD'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 331.8% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | zł535.77 Million | 151.73% |
| Total Equity | zł353.12 Million | 100.00% |
EuroHold Bulgaria AD Competitors by Market Cap
The table below lists competitors of EuroHold Bulgaria AD ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Lundin Energy AB
PINK:LNDNF
|
$64.87 Million |
|
ECO ANIMAL HLTH GR.LS-05
F:LWA
|
$64.88 Million |
|
Iljin Diamond
KO:081000
|
$64.89 Million |
|
GRUPO ECOENER EO -32
F:89W
|
$64.90 Million |
|
MNULF
PINK:MNULF
|
$64.84 Million |
|
Kulmbacher Brauerei Aktien-Gesellschaft
MU:KUL
|
$64.84 Million |
|
Sunko Ink Co Ltd
TW:1721
|
$64.82 Million |
|
STALPRODUKT ZY 2
F:0WB
|
$64.78 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in EuroHold Bulgaria AD's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 233,448,000 to 353,118,000, a change of 119,670,000 (51.3%).
- Net income of 94,871,000 contributed positively to equity growth.
- Other factors increased equity by 24,799,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | zł94.87 Million | +26.87% |
| Other Changes | zł24.80 Million | +7.02% |
| Total Change | zł- | 51.26% |
Book Value vs Market Value Analysis
This analysis compares EuroHold Bulgaria AD'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: 2.36x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 1.09x to 2.36x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2008-12-31 | zł2.92 | zł3.20 | x |
| 2009-12-31 | zł2.90 | zł3.20 | x |
| 2010-12-31 | zł2.47 | zł3.20 | x |
| 2011-12-31 | zł1.54 | zł3.20 | x |
| 2012-12-31 | zł1.42 | zł3.20 | x |
| 2013-12-31 | zł1.46 | zł3.20 | x |
| 2014-12-31 | zł1.50 | zł3.20 | x |
| 2015-12-31 | zł0.72 | zł3.20 | x |
| 2016-12-31 | zł0.64 | zł3.20 | x |
| 2017-12-31 | zł1.17 | zł3.20 | x |
| 2018-12-31 | zł0.85 | zł3.20 | x |
| 2019-12-31 | zł0.82 | zł3.20 | x |
| 2020-12-31 | zł0.54 | zł3.20 | x |
| 2021-12-31 | zł0.80 | zł3.20 | x |
| 2022-12-31 | zł0.19 | zł3.20 | x |
| 2023-12-31 | zł0.38 | zł3.20 | x |
| 2024-12-31 | zł0.90 | zł3.20 | x |
| 2025-12-31 | zł1.36 | zł3.20 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently EuroHold Bulgaria AD 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): 26.87%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.95%
- • Asset Turnover: 1.00x
- • Equity Multiplier: 9.16x
- Recent ROE (26.87%) is above the historical average (5.76%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | 4.81% | 2.08% | 0.58x | 4.02x | zł-9.12 Million |
| 2009 | 0.74% | 0.33% | 0.59x | 3.84x | zł-16.12 Million |
| 2010 | 1.61% | 0.60% | 0.69x | 3.90x | zł-13.01 Million |
| 2011 | -0.14% | -0.06% | 0.67x | 3.23x | zł-20.00 Million |
| 2012 | -5.07% | -2.18% | 0.63x | 3.72x | zł-27.37 Million |
| 2013 | 1.22% | 0.44% | 0.75x | 3.68x | zł-16.37 Million |
| 2014 | -0.88% | -0.35% | 0.61x | 4.17x | zł-20.90 Million |
| 2015 | -84.37% | -17.02% | 0.46x | 10.68x | zł-86.51 Million |
| 2016 | 10.71% | 1.37% | 0.55x | 14.34x | zł562.60K |
| 2017 | 10.64% | 2.67% | 0.51x | 7.77x | zł1.09 Million |
| 2018 | 8.53% | 1.91% | 0.54x | 8.27x | zł-2.48 Million |
| 2019 | 4.96% | 0.91% | 0.59x | 9.26x | zł-8.15 Million |
| 2020 | -41.17% | -4.57% | 0.59x | 15.38x | zł-54.12 Million |
| 2021 | 25.60% | 2.20% | 0.56x | 20.78x | zł28.56 Million |
| 2022 | 45.07% | 0.55% | 1.53x | 54.00x | zł16.93 Million |
| 2023 | 78.58% | 2.86% | 1.09x | 25.19x | zł67.41 Million |
| 2024 | 15.91% | 1.33% | 1.01x | 11.81x | zł13.79 Million |
| 2025 | 26.87% | 2.95% | 1.00x | 9.16x | zł59.56 Million |
Industry Comparison
This section compares EuroHold Bulgaria AD's net assets metrics with peer companies in the Utilities - Regulated Electric industry.
Industry Context
- Industry: Utilities - Regulated Electric
- Average net assets among peers: $6,951,718,750
- Average return on equity (ROE) among peers: 771.24%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| EuroHold Bulgaria AD (EHG) | zł385.93 Million | 4.81% | 7.38x | $64.86 Million |
| Elektrocieplownia Bedzin (BDZ) | $20.86 Million | 3065.46% | 0.54x | $4.15 Million |
| Enea S.A. (ENA) | $15.05 Billion | 4.56% | 0.99x | $1.25 Billion |
| Energa S.A. (ENG) | $11.54 Billion | 8.38% | 1.36x | $168.45 Million |
| Kogeneracja SA (KGN) | $1.20 Billion | 6.56% | 0.61x | $113.29 Million |