Foreveren
Foreveren operates in Leisure Products.
Foreveren (FOR) - Net Assets
Latest net assets as of June 2024: zł45.20 Million PLN
Based on the latest financial reports, Foreveren (FOR) has net assets worth zł45.20 Million PLN as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (zł54.73 Million) and total liabilities (zł9.53 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 | zł45.20 Million |
| % of Total Assets | 82.58% |
| Annual Growth Rate | 29.6% |
| 5-Year Change | 157.44% |
| 10-Year Change | N/A |
| Growth Volatility | 26.66 |
Foreveren - Net Assets Trend (2015–2023)
This chart illustrates how Foreveren's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Foreveren (2015–2023)
The table below shows the annual net assets of Foreveren from 2015 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | zł42.75 Million | +7.27% |
| 2022-12-31 | zł39.85 Million | +25.19% |
| 2021-12-31 | zł31.83 Million | +4.17% |
| 2020-12-31 | zł30.56 Million | +84.03% |
| 2019-12-31 | zł16.61 Million | +59.68% |
| 2018-12-31 | zł10.40 Million | +46.22% |
| 2017-12-31 | zł7.11 Million | +16.30% |
| 2016-12-31 | zł6.12 Million | +13.83% |
| 2015-12-31 | zł5.37 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Foreveren'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 901872591.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | zł5.79 Million | 13.55% |
| Other Components | zł36.96 Million | 86.45% |
| Total Equity | zł42.75 Million | 100.00% |
Foreveren Competitors by Market Cap
The table below lists competitors of Foreveren ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Andros Pharmaceuticals Co.,Ltd
TWO:6917
|
$6.72K |
|
ELQ SA
WAR:ELQ
|
$6.73K |
|
GAMMA CIVIC LTD
SEM:GCL
|
$6.73K |
|
Commercial Bank of Ceylon PLC
CM:COMBN0000
|
$6.74K |
|
CPC
VN:CPC
|
$6.71K |
|
Cleantech Biofuels Inc
PINK:CLTH
|
$6.71K |
|
Fideicomiso Irrevocable F/2061 FHipo
MX:FHIPO14
|
$6.70K |
|
AQUA BIO TECHNOLOGY NK 4
F:3FZ
|
$6.70K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Foreveren's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 39,850,405 to 42,748,976, a change of 2,898,571 (7.3%).
- Net income of 5,891,816 contributed positively to equity growth.
- Dividend payments of 2,720,000 reduced retained earnings.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | zł5.89 Million | +13.78% |
| Dividends Paid | zł2.72 Million | -6.36% |
| Other Changes | zł-273.25K | -0.64% |
| Total Change | zł- | 7.27% |
Book Value vs Market Value Analysis
This analysis compares Foreveren'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: 1.85x
- 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 2.58x to 1.85x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | zł1.12 | zł2.90 | x |
| 2021-12-31 | zł1.17 | zł2.90 | x |
| 2022-12-31 | zł1.47 | zł2.90 | x |
| 2023-12-31 | zł1.57 | zł2.90 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Foreveren 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): 13.78%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 18.90%
- • Asset Turnover: 0.62x
- • Equity Multiplier: 1.17x
- Recent ROE (13.78%) is above the historical average (13.18%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | -8.15% | -36.89% | 0.22x | 1.02x | zł-975.24K |
| 2016 | -15.64% | -91.75% | 0.16x | 1.08x | zł-1.57 Million |
| 2017 | -17.95% | -101.54% | 0.15x | 1.20x | zł-1.99 Million |
| 2018 | 31.74% | 48.32% | 0.51x | 1.28x | zł2.26 Million |
| 2019 | 38.81% | 55.42% | 0.59x | 1.18x | zł4.78 Million |
| 2020 | 46.73% | 56.71% | 0.71x | 1.16x | zł11.23 Million |
| 2021 | 4.92% | 6.80% | 0.52x | 1.38x | zł-1.62 Million |
| 2022 | 24.33% | 24.17% | 0.83x | 1.21x | zł5.71 Million |
| 2023 | 13.78% | 18.90% | 0.62x | 1.17x | zł1.62 Million |
Industry Comparison
This section compares Foreveren's net assets metrics with peer companies in the Leisure Products industry.
Industry Context
- Industry: Leisure Products
- Average net assets among peers: $13,722,894
- Average return on equity (ROE) among peers: 2.67%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Foreveren (FOR) | zł45.20 Million | -8.15% | 0.21x | $6.72K |
| Creativeforge Games SA (CFG) | $7.33 Million | -11.90% | 0.99x | $4.17K |
| CHP (CHP) | $18.42 Million | -16.26% | 0.28x | $14.73K |
| ECC Games SA (ECC) | $5.55 Million | 27.39% | 0.25x | $496.71 |
| Farm51 (F51) | $18.03 Million | 18.98% | 0.09x | $10.88K |
| KBT (KBT) | $8.07 Million | -2.54% | 0.35x | $3.65K |
| One More Level SA (OML) | $28.19 Million | -21.11% | 0.17x | $5.45K |
| QUB (QUB) | $10.46 Million | 24.16% | 0.41x | $1.95K |