Adyen NV (ADYEN) - Net Assets
Based on the latest financial reports, Adyen NV (ADYEN) has net assets worth €4.68 Billion EUR (≈ $5.47 Billion USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€13.94 Billion ≈ $16.30 Billion USD) and total liabilities (€9.26 Billion ≈ $10.83 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. Explore Adyen NV cash flow conversion to assess how effectively this company generates cash.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €4.68 Billion |
| % of Total Assets | 33.54% |
| Annual Growth Rate | 42.34% |
| 5-Year Change | 247.38% |
| 10-Year Change | 1621.31% |
| Growth Volatility | 20.26 |
Adyen NV - Net Assets Trend (2014–2024)
This chart illustrates how Adyen NV's net assets have evolved over time, based on quarterly financial data. For live valuation and market cap data, see Adyen NV market capitalisation.
Annual Net Assets for Adyen NV (2014–2024)
The table below shows the annual net assets of Adyen NV from 2014 to 2024. Read ADYEN total debt and obligations for a breakdown of total debt and financial obligations.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €4.23 Billion ≈ $4.95 Billion |
+34.30% |
| 2023-12-31 | €3.15 Billion ≈ $3.68 Billion |
+30.41% |
| 2022-12-31 | €2.42 Billion ≈ $2.82 Billion |
+33.45% |
| 2021-12-31 | €1.81 Billion ≈ $2.12 Billion |
+48.62% |
| 2020-12-31 | €1.22 Billion ≈ $1.42 Billion |
+40.29% |
| 2019-12-31 | €868.32 Million ≈ $1.02 Billion |
+49.09% |
| 2018-12-31 | €582.40 Million ≈ $680.89 Million |
+49.42% |
| 2017-12-31 | €389.78 Million ≈ $455.69 Million |
+23.75% |
| 2016-12-31 | €314.96 Million ≈ $368.22 Million |
+28.12% |
| 2015-12-31 | €245.83 Million ≈ $287.40 Million |
+98.42% |
| 2014-12-31 | €123.89 Million ≈ $144.84 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Adyen NV'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 29945.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €3.52 Billion | 83.15% |
| Common Stock | €315.00K | 0.01% |
| Other Comprehensive Income | €127.27 Million | 3.01% |
| Other Components | €585.33 Million | 13.83% |
| Total Equity | €4.23 Billion | 100.00% |
Adyen NV Competitors by Market Cap
The table below lists competitors of Adyen NV ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Keysight Technologies Inc
NYSE:KEYS
|
$35.96 Billion |
|
Medline Inc. Class A Common Stock
NASDAQ:MDLN
|
$35.99 Billion |
|
Gold Fields Ltd
JSE:GFI
|
$36.01 Billion |
|
Naspers Limited
F:NNWN
|
$36.18 Billion |
|
Baidu Inc
MX:BIDUN
|
$35.85 Billion |
|
EMCOR Group Inc
NYSE:EME
|
$35.85 Billion |
|
Baidu Inc
NASDAQ:BIDU
|
$35.81 Billion |
|
Nucor Corp
NYSE:NUE
|
$35.76 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Adyen NV's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,150,867,000 to 4,231,524,000, a change of 1,080,657,000 (34.3%).
- Net income of 925,163,000 contributed positively to equity growth.
- New share issuances of 112,006,000 increased equity.
- Other comprehensive income decreased equity by 31,960,000.
- Other factors increased equity by 75,448,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €925.16 Million | +21.86% |
| Share Issuances | €112.01 Million | +2.65% |
| Other Comprehensive Income | €-31.96 Million | -0.76% |
| Other Changes | €75.45 Million | +1.78% |
| Total Change | €- | 34.30% |
Book Value vs Market Value Analysis
This analysis compares Adyen NV'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: 7.20x
- 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 241.25x to 7.20x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2014-12-31 | €4.04 | €975.10 | x |
| 2015-12-31 | €8.35 | €975.10 | x |
| 2016-12-31 | €10.70 | €975.10 | x |
| 2017-12-31 | €13.24 | €975.10 | x |
| 2018-12-31 | €19.07 | €975.10 | x |
| 2019-12-31 | €28.44 | €975.10 | x |
| 2020-12-31 | €39.72 | €975.10 | x |
| 2021-12-31 | €59.02 | €975.10 | x |
| 2022-12-31 | €77.82 | €975.10 | x |
| 2023-12-31 | €101.13 | €975.10 | x |
| 2024-12-31 | €135.35 | €975.10 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Adyen NV 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): 21.86%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 41.07%
- • Asset Turnover: 0.20x
- • Equity Multiplier: 2.70x
- Recent ROE (21.86%) is above the historical average (21.44%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 8.77% | 7.07% | 0.31x | 3.96x | €-1.53 Million |
| 2015 | 13.67% | 10.15% | 0.40x | 3.34x | €9.02 Million |
| 2016 | 30.87% | 14.75% | 0.48x | 4.37x | €65.73 Million |
| 2017 | 18.29% | 7.04% | 0.89x | 2.92x | €32.33 Million |
| 2018 | 22.52% | 7.93% | 0.89x | 3.19x | €72.91 Million |
| 2019 | 26.98% | 8.82% | 1.02x | 3.00x | €147.45 Million |
| 2020 | 21.43% | 7.17% | 0.88x | 3.41x | €139.21 Million |
| 2021 | 25.95% | 7.83% | 1.04x | 3.19x | €288.68 Million |
| 2022 | 23.35% | 6.31% | 1.17x | 3.15x | €322.53 Million |
| 2023 | 22.16% | 37.48% | 0.19x | 3.04x | €383.24 Million |
| 2024 | 21.86% | 41.07% | 0.20x | 2.70x | €502.01 Million |
Industry Comparison
This section compares Adyen NV's net assets metrics with peer companies in the Software - Infrastructure industry.
Industry Context
- Industry: Software - Infrastructure
- Average net assets among peers: $42,763,000
- Average return on equity (ROE) among peers: 20.26%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Adyen NV (ADYEN) | €4.68 Billion | 8.77% | 1.98x | $35.94 Billion |
| Ease2pay NV (EAS2P) | $42.76 Million | 20.26% | 1.07x | $8.83 Million |
About Adyen NV
Adyen N.V. operates a payments platform in Europe, the Middle East, Africa, North America, the Asia Pacific, and Latin America. Its platform integrates payments stack, including gateway, risk management, processing, acquiring, and settlement services. The company offers a back-end infrastructure for authorizing. It accepts payment through online, in-person payments, cross channel, and Adyen for P… Read more