Morefield Group N.V.
Morefield Group N.V., through its subsidiaries, engages in selecting, advising, supplying, and maintaining aids for people with a physical disability. The company sells, rents and other services related to medical devices. The company serves municipalities, care offices, health insurers and healthcare institutions, as well as private individuals. Morefield Group N.V. was founded in 1983 and is he… Read more
Morefield Group N.V. (MORE) - Net Assets
Latest net assets as of June 2025: €19.82 Million EUR
Based on the latest financial reports, Morefield Group N.V. (MORE) has net assets worth €19.82 Million EUR as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€115.41 Million) and total liabilities (€95.59 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 | €19.82 Million |
| % of Total Assets | 17.17% |
| Annual Growth Rate | 73.99% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 67.91 |
Morefield Group N.V. - Net Assets Trend (2021–2024)
This chart illustrates how Morefield Group 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 Morefield Group N.V. (2021–2024)
The table below shows the annual net assets of Morefield Group N.V. from 2021 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €21.32 Million | +21.97% |
| 2023-12-31 | €17.48 Million | +54.54% |
| 2022-12-31 | €11.31 Million | +179.54% |
| 2021-12-31 | €4.05 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Morefield Group 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 415.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €2.33 Million | 12.28% |
| Common Stock | €4.96 Million | 26.20% |
| Other Components | €11.65 Million | 61.52% |
| Total Equity | €18.93 Million | 100.00% |
Morefield Group N.V. Competitors by Market Cap
The table below lists competitors of Morefield Group N.V. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
BUCHER IND N
MU:BUHA
|
$4.06 Million |
|
Mud & Hound Public Company Limited
BK:MUD
|
$4.06 Million |
|
NetX Holdings Bhd
KLSE:0020
|
$4.06 Million |
|
KOYJ Co. Ltd
KQ:121850
|
$4.06 Million |
|
MOTOROLA SOLTN
HM:MTLA
|
$4.06 Million |
|
LTKM Bhd
KLSE:7085
|
$4.05 Million |
|
G-Yen Hutong Co., Ltd.
TWO:2761
|
$4.05 Million |
|
American Uranium Ltd
AU:AMU
|
$4.05 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Morefield Group N.V.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 16,450,000 to 18,934,000, a change of 2,484,000 (15.1%).
- Net income of 2,326,000 contributed positively to equity growth.
- Other comprehensive income increased equity by 36,378,000.
- Other factors decreased equity by 36,220,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €2.33 Million | +12.28% |
| Other Comprehensive Income | €36.38 Million | +192.13% |
| Other Changes | €-36.22 Million | -191.3% |
| Total Change | €- | 15.10% |
Book Value vs Market Value Analysis
This analysis compares Morefield Group 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: 3.18x
- 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 3.37x to 3.18x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | €0.25 | €0.83 | x |
| 2022-12-31 | €0.33 | €0.83 | x |
| 2023-12-31 | €0.24 | €0.83 | x |
| 2024-12-31 | €0.26 | €0.83 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Morefield Group 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): 12.28%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.17%
- • Asset Turnover: 1.34x
- • Equity Multiplier: 4.22x
- Recent ROE (12.28%) is below the historical average (22.19%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 24.44% | 0.00% | 0.00x | 1.01x | €584.40K |
| 2022 | 19.81% | 15.42% | 0.28x | 4.63x | €1.10 Million |
| 2023 | 32.22% | 5.72% | 1.64x | 3.44x | €3.66 Million |
| 2024 | 12.28% | 2.17% | 1.34x | 4.22x | €432.60K |
Industry Comparison
This section compares Morefield Group N.V.'s net assets metrics with peer companies in the Staffing & Employment Services industry.
No peer company data available for comparison.