Stern Groep N.V.

AS:PBH Netherlands Specialty Business Services
Market Cap
$19.22 Million
€18.73 Million EUR
Market Cap Rank
#34393 Global
#53 in Netherlands
Share Price
€3.50
Change (1 day)
-1.69%
52-Week Range
€2.66 - €3.64
All Time High
€18.86
About

PB Holding N.V. provides financial services. It holds and manages certificates of shares in the capital of Bovemij N.V. The company was formerly known as Stern Groep N.V. and changed its name to PB Holding N.V. in March 2022. PB Holding N.V. is based in Rotterdam, the Netherlands.

Stern Groep N.V. (PBH) - Net Assets

Latest net assets as of June 2025: €16.32 Million EUR

Based on the latest financial reports, Stern Groep N.V. (PBH) has net assets worth €16.32 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 (€16.69 Million) and total liabilities (€370.00K). 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 €16.32 Million
% of Total Assets 97.78%
Annual Growth Rate -8.28%
5-Year Change -86.77%
10-Year Change -89.0%
Growth Volatility 22.15

Stern Groep N.V. - Net Assets Trend (2005–2024)

This chart illustrates how Stern Groep 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 Stern Groep N.V. (2005–2024)

The table below shows the annual net assets of Stern Groep N.V. from 2005 to 2024.

Year Net Assets Change
2024-12-31 €16.59 Million -3.47%
2023-12-31 €17.19 Million -16.19%
2022-12-31 €20.51 Million -79.93%
2021-12-31 €102.19 Million -18.50%
2020-12-31 €125.39 Million -17.85%
2019-12-31 €152.64 Million -1.63%
2018-12-31 €155.16 Million -2.63%
2017-12-31 €159.35 Million +1.50%
2016-12-31 €156.99 Million +4.12%
2015-12-31 €150.78 Million +7.26%
2014-12-31 €140.57 Million +1.62%
2013-12-31 €138.32 Million +3.26%
2012-12-31 €133.96 Million -10.32%
2011-12-31 €149.38 Million +0.39%
2010-12-31 €148.79 Million +9.93%
2009-12-31 €135.35 Million +3.05%
2008-12-31 €131.35 Million -9.41%
2007-12-31 €145.00 Million +26.21%
2006-12-31 €114.89 Million +34.07%
2005-12-31 €85.69 Million --

Equity Component Analysis

This analysis shows how different components contribute to Stern Groep 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 decreased by 106.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Other Components €16.98 Million 102.31%
Total Equity €16.59 Million 100.00%

Stern Groep N.V. Competitors by Market Cap

The table below lists competitors of Stern Groep N.V. ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Stern Groep N.V.'s equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 17,189,000 to 16,593,000, a change of -596,000 (-3.5%).
  • Net loss of 384,000 reduced equity.
  • Share repurchases of 212,000 reduced equity.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income €-384.00K -2.31%
Share Repurchases €212.00K -1.28%
Total Change €- -3.47%

Book Value vs Market Value Analysis

This analysis compares Stern Groep 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: 1.13x
  • The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
  • The price-to-book ratio has increased from 0.23x to 1.13x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2005-12-31 €15.10 €3.50 x
2006-12-31 €20.24 €3.50 x
2007-12-31 €25.76 €3.50 x
2008-12-31 €22.27 €3.50 x
2009-12-31 €24.47 €3.50 x
2010-12-31 €26.56 €3.50 x
2011-12-31 €27.08 €3.50 x
2012-12-31 €24.57 €3.50 x
2013-12-31 €25.53 €3.50 x
2014-12-31 €24.84 €3.50 x
2015-12-31 €26.58 €3.50 x
2016-12-31 €27.66 €3.50 x
2017-12-31 €28.08 €3.50 x
2018-12-31 €27.34 €3.50 x
2019-12-31 €26.90 €3.50 x
2020-12-31 €22.09 €3.50 x
2021-12-31 €18.01 €3.50 x
2022-12-31 €3.61 €3.50 x
2023-12-31 €3.03 €3.50 x
2024-12-31 €3.10 €3.50 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Stern Groep 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): -2.31%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 0.00%
  • • Asset Turnover: 0.00x
  • • Equity Multiplier: 1.01x
  • Recent ROE (-2.31%) is below the historical average (0.23%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2005 7.51% 1.00% 1.73x 4.35x €-2.13 Million
2006 10.97% 1.67% 1.85x 3.55x €1.12 Million
2007 9.10% 1.54% 1.69x 3.50x €-1.30 Million
2008 3.37% 0.48% 1.69x 4.12x €-8.71 Million
2009 2.64% 0.43% 1.64x 3.72x €-9.96 Million
2010 6.82% 1.10% 1.85x 3.34x €-4.73 Million
2011 4.04% 0.64% 1.82x 3.45x €-8.90 Million
2012 -5.14% -0.74% 1.86x 3.76x €-20.28 Million
2013 2.21% 0.33% 1.76x 3.76x €-10.77 Million
2014 2.58% 0.40% 1.58x 4.04x €-10.43 Million
2015 7.34% 1.01% 1.87x 3.88x €-4.01 Million
2016 7.23% 1.03% 1.76x 3.97x €-4.35 Million
2017 4.71% 0.67% 1.80x 3.92x €-8.44 Million
2018 0.31% 0.04% 1.64x 4.35x €-15.03 Million
2019 -0.79% -0.12% 1.73x 3.76x €-16.46 Million
2020 -21.18% -3.54% 1.73x 3.46x €-39.09 Million
2021 -22.85% 0.00% 0.00x 3.76x €-33.57 Million
2022 2.94% 0.00% 0.00x 1.01x €-1.45 Million
2023 -14.92% 0.00% 0.00x 1.00x €-4.28 Million
2024 -2.31% 0.00% 0.00x 1.01x €-2.04 Million

Industry Comparison

This section compares Stern Groep N.V.'s net assets metrics with peer companies in the Specialty Business Services industry.

Industry Context

  • Industry: Specialty Business Services
  • Average net assets among peers: $789,664,000
  • Average return on equity (ROE) among peers: -1.20%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Stern Groep N.V. (PBH) €16.32 Million 7.51% 0.02x $1.91 Million
Inpost SA (INPST) $789.66 Million -1.20% 0.53x $4.05 Billion