Befesa SA (BFSA) - Net Assets

Latest as of September 2025: €830.11 Million EUR ≈ $970.49 Million USD

Based on the latest financial reports, Befesa SA (BFSA) has net assets worth €830.11 Million EUR (≈ $970.49 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€1.87 Billion ≈ $2.19 Billion USD) and total liabilities (€1.04 Billion ≈ $1.22 Billion USD). 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. Check Befesa SA (BFSA) asset resilience to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric Value
Current Net Assets €830.11 Million
% of Total Assets 44.3%
Annual Growth Rate 12.08%
5-Year Change 158.18%
10-Year Change 226.21%
Growth Volatility 38.34

Befesa SA - Net Assets Trend (2013–2024)

This chart illustrates how Befesa SA's net assets have evolved over time, based on quarterly financial data. Also explore BFSA asset base for the complete picture of this company's asset base.

Annual Net Assets for Befesa SA (2013–2024)

The table below shows the annual net assets of Befesa SA from 2013 to 2024. For live valuation and market cap data, see Befesa SA stock valuation.

Year Net Assets Change
2024-12-31 €845.74 Million
≈ $988.76 Million		 -3.60%
2023-12-31 €877.36 Million
≈ $1.03 Billion		 +7.09%
2022-12-31 €819.25 Million
≈ $957.79 Million		 +29.72%
2021-12-31 €631.55 Million
≈ $738.34 Million		 +92.79%
2020-12-31 €327.58 Million
≈ $382.98 Million		 -9.06%
2019-12-31 €360.22 Million
≈ $421.13 Million		 +5.13%
2018-12-31 €342.63 Million
≈ $400.57 Million		 +90.64%
2017-12-31 €179.73 Million
≈ $210.12 Million		 +13.62%
2016-12-31 €158.19 Million
≈ $184.93 Million		 -38.99%
2015-12-31 €259.26 Million
≈ $303.10 Million		 +4.51%
2014-12-31 €248.08 Million
≈ $290.03 Million		 +2.81%
2013-12-31 €241.30 Million
≈ $282.10 Million		 --

Equity Component Analysis

This analysis shows how different components contribute to Befesa SA'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 19222700000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings €183.07 Million 22.05%
Common Stock €111.05 Million 13.38%
Other Comprehensive Income €3.23 Million 0.39%
Other Components €532.87 Million 64.18%
Total Equity €830.22 Million 100.00%

Befesa SA Competitors by Market Cap

The table below lists competitors of Befesa SA ranked by their market capitalization.

Company Market Cap
SK Reit Co Ltd
KO:395400
 $1.25 Billion
Corvus Pharmaceuticals Inc
NASDAQ:CRVS
 $1.25 Billion
WuXi Xinje Electric Co Ltd
SHG:603416
 $1.25 Billion
Ziff Davis Inc
NASDAQ:ZD
 $1.25 Billion
China Modern Dairy Holdings Ltd
F:07M
 $1.25 Billion
Jsti Group
SHE:300284
 $1.25 Billion
Develop Global Ltd
AU:DVP
 $1.25 Billion
MONGOLIAN MINING CRP.REGS
F:29X2
 $1.25 Billion

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 823,527,000 to 830,219,000, a change of 6,692,000 (0.8%).
  • Net income of 50,820,000 contributed positively to equity growth.
  • Dividend payments of 29,200,000 reduced retained earnings.
  • Other comprehensive income decreased equity by 21,920,000.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income €50.82 Million +6.12%
Dividends Paid €29.20 Million -3.52%
Other Comprehensive Income €-21.92 Million -2.64%
Other Changes €6.99 Million +0.84%
Total Change €- 0.81%

Book Value vs Market Value Analysis

This analysis compares Befesa SA'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: 1.58x
  • 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 5.02x to 1.58x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2013-12-31 €6.51 €32.70 x
2014-12-31 €6.76 €32.70 x
2015-12-31 €7.11 €32.70 x
2016-12-31 €4.38 €32.70 x
2017-12-31 €6.76 €32.70 x
2018-12-31 €9.78 €32.70 x
2019-12-31 €10.17 €32.70 x
2020-12-31 €9.31 €32.70 x
2021-12-31 €16.70 €32.70 x
2022-12-31 €20.13 €32.70 x
2023-12-31 €20.59 €32.70 x
2024-12-31 €20.76 €32.70 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Befesa SA 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): 6.12%
  • The company has moderate efficiency in generating returns from equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 4.10%
  • • Asset Turnover: 0.63x
  • • Equity Multiplier: 2.38x
  • Recent ROE (6.12%) is below the historical average (7.60%), 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 -4.12% -2.94% 0.26x 5.41x €-31.35 Million
2014 7.98% 2.82% 0.55x 5.18x €-4.66 Million
2015 -14.61% -5.35% 0.58x 4.72x €-59.63 Million
2016 -35.45% -8.65% 0.59x 6.89x €-67.84 Million
2017 29.12% 6.80% 0.72x 5.97x €32.34 Million
2018 27.07% 12.52% 0.66x 3.26x €56.87 Million
2019 23.88% 12.77% 0.58x 3.22x €48.07 Million
2020 15.00% 7.88% 0.55x 3.47x €15.88 Million
2021 16.01% 12.14% 0.46x 2.88x €37.46 Million
2022 13.19% 9.35% 0.57x 2.46x €25.71 Million
2023 7.04% 4.91% 0.61x 2.36x €-24.38 Million
2024 6.12% 4.10% 0.63x 2.38x €-32.20 Million

Industry Comparison

This section compares Befesa SA's net assets metrics with peer companies in the Waste Management industry.

Industry Context

  • Industry: Waste Management
  • Average net assets among peers: $3,417,761,534
  • Average return on equity (ROE) among peers: -3.23%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Befesa SA (BFSA) €830.11 Million -4.12% 1.26x $1.25 Billion
SCANDIN.ENVIRO SYSTEMS AB (1HR) $225.79 Million -162.37% 0.24x $9.10 Million
AGILYX ASA NK -02 (5NQ) $123.96 Million 78.63% 0.05x $185.63 Million
ECOUP OYJ EO 1 (62H) $14.21 Million -20.91% 0.86x $9.21 Million
ELL ENVIRON.HLDGS HD-0001 (6EL) $383.06 Million 1.60% 0.38x $16.83 Million
DYNAGREEN EN.PR.GR.H YC 1 (DYN) $8.53 Billion 6.86% 1.58x $319.10 Million
FORM.DE C.Y C.ADR 1/5/EO1 (FCC0) $4.94 Billion 6.38% 2.09x $4.73 Billion
Tianjin Capital Environmental Protection Group Company Limited (TIA) $8.10 Billion 8.55% 1.60x $180.46 Million
Veolia Environnement S.A (VVDH) $8.31 Billion 1.07% 4.46x $21.35 Billion
ZhongDe Waste Technology AG (ZEF) $126.28 Million 51.13% 0.21x $3.65 Million

About Befesa SA

XETRA:BFSA Germany Waste Management
Market Cap
$1.53 Billion
€1.31 Billion EUR
Market Cap Rank
#8152 Global
#1076 in Germany
Share Price
€32.70
Change (1 day)
-2.82%
52-Week Range
€24.40 - €35.30
All Time High
€67.87
Categories
Companies in Germany Waste Management
About

Befesa S.A. offers environmental recycling services to the steel and aluminum industries in the European, Asian, and North American markets. It operates in two segments, Steel Dust Recycling Services and Aluminium Salt Slags Recycling Services. The Steel Dust Recycling Services segment collects and recycles crude steel dust and other steel residues generated in the production of crude, stainless,… Read more