Ovostar Union N.V.
Ovostar Union Public Company Limited produces and distributes shell eggs and egg products under the YASENSVIT and OVOSTAR brands in Ukraine, the European Union, the Middle East, Asia, Africa, and the Commonwealth of Independent States. It operates through Egg Operations and Egg Products Operations segments. The company produces and distributes hatching and shell eggs; and offers eggs, chicken mea… Read more
Ovostar Union N.V. (OVO) - Net Assets
Latest net assets as of June 2024: zł131.52 Million PLN
Based on the latest financial reports, Ovostar Union N.V. (OVO) has net assets worth zł131.52 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 (zł145.25 Million) and total liabilities (zł13.73 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 | zł131.52 Million |
| % of Total Assets | 90.54% |
| Annual Growth Rate | 10.74% |
| 5-Year Change | 3.44% |
| 10-Year Change | 47.08% |
| Growth Volatility | 45.99 |
Ovostar Union N.V. - Net Assets Trend (2009–2023)
This chart illustrates how Ovostar Union N.V.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Ovostar Union N.V. (2009–2023)
The table below shows the annual net assets of Ovostar Union N.V. from 2009 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | zł125.12 Million | +49.09% |
| 2022-12-31 | zł83.92 Million | -23.63% |
| 2021-12-31 | zł109.89 Million | +5.25% |
| 2020-12-31 | zł104.41 Million | -13.68% |
| 2019-12-31 | zł120.95 Million | -4.62% |
| 2018-12-31 | zł126.81 Million | +18.61% |
| 2017-12-31 | zł106.92 Million | +20.94% |
| 2016-12-31 | zł88.40 Million | +12.61% |
| 2015-12-31 | zł78.51 Million | -7.71% |
| 2014-12-31 | zł85.06 Million | -38.95% |
| 2013-12-31 | zł139.33 Million | +28.89% |
| 2012-12-31 | zł108.10 Million | +31.14% |
| 2011-12-31 | zł82.43 Million | +162.32% |
| 2010-12-31 | zł31.43 Million | +4.72% |
| 2009-12-31 | zł30.01 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Ovostar Union N.V.'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 993.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | zł251.14 Million | 201.44% |
| Common Stock | zł84.00K | 0.07% |
| Total Equity | zł124.67 Million | 100.00% |
Ovostar Union N.V. Competitors by Market Cap
The table below lists competitors of Ovostar Union N.V. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
U.S. GoldMining Inc. Common stock
NASDAQ:USGO
|
$34.41 Million |
|
Fosterville South Exploration Ltd
OTCQX:FSXLF
|
$34.41 Million |
|
Kpx Green Chem
KO:083420
|
$34.41 Million |
|
Mithril Silver and Gold Ltd
AU:MTH
|
$34.42 Million |
|
BEIJING UR.C.D.+DEV.GRP H
F:BDG
|
$34.41 Million |
|
International Integrated Systems, Inc.
TW:6614
|
$34.40 Million |
|
Great Novel Therapeutics Biotech & Medicals
TWO:7427
|
$34.39 Million |
|
Sinkang Industries Co Ltd
TW:2032
|
$34.39 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ovostar Union N.V.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 83,713,000 to 124,673,000, a change of 40,960,000 (48.9%).
- Net income of 44,744,000 contributed positively to equity growth.
- Dividend payments of 4,251,000 reduced retained earnings.
- Other comprehensive income increased equity by 153,697,000.
- Other factors decreased equity by 153,230,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | zł44.74 Million | +35.89% |
| Dividends Paid | zł4.25 Million | -3.41% |
| Other Comprehensive Income | zł153.70 Million | +123.28% |
| Other Changes | zł-153.23 Million | -122.91% |
| Total Change | zł- | 48.93% |
Book Value vs Market Value Analysis
This analysis compares Ovostar Union N.V.'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: 3.37x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 15.51x to 3.37x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2009-12-31 | zł4.51 | zł70.00 | x |
| 2010-12-31 | zł4.85 | zł70.00 | x |
| 2011-12-31 | zł13.30 | zł70.00 | x |
| 2012-12-31 | zł17.47 | zł70.00 | x |
| 2013-12-31 | zł22.57 | zł70.00 | x |
| 2014-12-31 | zł13.79 | zł70.00 | x |
| 2015-12-31 | zł12.68 | zł70.00 | x |
| 2016-12-31 | zł14.32 | zł70.00 | x |
| 2017-12-31 | zł17.35 | zł70.00 | x |
| 2018-12-31 | zł21.00 | zł70.00 | x |
| 2019-12-31 | zł19.97 | zł70.00 | x |
| 2020-12-31 | zł17.28 | zł70.00 | x |
| 2021-12-31 | zł18.24 | zł70.00 | x |
| 2022-12-31 | zł13.95 | zł70.00 | x |
| 2023-12-31 | zł20.78 | zł70.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ovostar Union N.V. 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): 35.89%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 27.53%
- • Asset Turnover: 1.14x
- • Equity Multiplier: 1.14x
- Recent ROE (35.89%) is above the historical average (18.44%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2009 | 9.95% | 8.33% | 0.77x | 1.54x | zł-13.00K |
| 2010 | 33.47% | 26.28% | 0.91x | 1.40x | zł6.82 Million |
| 2011 | 24.83% | 39.13% | 0.55x | 1.14x | zł11.83 Million |
| 2012 | 22.37% | 38.88% | 0.50x | 1.14x | zł12.97 Million |
| 2013 | 22.59% | 37.64% | 0.51x | 1.18x | zł17.05 Million |
| 2014 | 30.63% | 33.88% | 0.74x | 1.23x | zł17.07 Million |
| 2015 | 40.69% | 40.94% | 0.75x | 1.32x | zł23.35 Million |
| 2016 | 25.79% | 28.50% | 0.71x | 1.28x | zł13.56 Million |
| 2017 | 21.58% | 22.76% | 0.75x | 1.26x | zł12.05 Million |
| 2018 | 13.84% | 13.96% | 0.86x | 1.16x | zł4.84 Million |
| 2019 | -16.70% | -19.13% | 0.72x | 1.22x | zł-32.00 Million |
| 2020 | 2.61% | 2.73% | 0.75x | 1.27x | zł-7.67 Million |
| 2021 | 1.54% | 1.27% | 0.95x | 1.29x | zł-9.25 Million |
| 2022 | 7.46% | 4.61% | 1.23x | 1.32x | zł-2.13 Million |
| 2023 | 35.89% | 27.53% | 1.14x | 1.14x | zł32.28 Million |
Industry Comparison
This section compares Ovostar Union N.V.'s net assets metrics with peer companies in the Farm Products industry.
Industry Context
- Industry: Farm Products
- Average net assets among peers: $127,777,200
- Average return on equity (ROE) among peers: 16.21%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Ovostar Union N.V. (OVO) | zł131.52 Million | 9.95% | 0.10x | $34.41 Million |
| Agroton Public Ltd. (AGT) | $88.08 Million | 15.35% | 0.12x | $3.79 Million |
| Astarta Holding N.V. (AST) | $99.07 Million | 23.26% | 0.74x | $80.14 Million |
| Gobarto S.A. (GOB) | $310.30 Million | 10.10% | 1.52x | $13.21 Million |
| IMC SA (IMC) | $128.01 Million | 14.65% | 0.91x | $47.51 Million |
| KSG Agro SA (KSG) | $13.42 Million | 17.68% | 4.72x | $6.63 Million |