Universal Music Group N.V. Net Assets
Universal Music Group N.V. net assets. Based on the latest financial reports, Universal Music Group N.V. (UMG) has net assets worth €4.91 Billion EUR (≈ $5.74 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 (€18.30 Billion ≈ $21.40 Billion USD) and total liabilities (€13.39 Billion ≈ $15.66 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. See how leveraged is Universal Music Group N.V.'s balance sheet to measure how much of total assets are equity-financed.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €4.91 Billion |
| % of Total Assets | 26.81% |
| Annual Growth Rate | 5.75% |
| 5-Year Change | 178.52% |
| 10-Year Change | N/A |
| Growth Volatility | 28.41 |
Net Assets of Universal Music Group N.V. (2017–2024)
Net assets of Universal Music Group N.V. from 2017 to 2024. This chart illustrates how Universal Music Group N.V.'s net assets have evolved over time, based on quarterly financial data. Also explore UMG net asset momentum to track the company's year-over-year net asset growth rate.
Annual Net Assets for Universal Music Group N.V. (2017–2024)
The table below shows the annual net assets of Universal Music Group N.V. from 2017 to 2024. For live market cap and overall valuation, see how much is Universal Music Group N.V. worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €4.55 Billion ≈ $5.32 Billion |
+52.56% |
| 2023-12-31 | €2.98 Billion ≈ $3.49 Billion |
+26.83% |
| 2022-12-31 | €2.35 Billion ≈ $2.75 Billion |
+15.86% |
| 2021-12-31 | €2.03 Billion ≈ $2.37 Billion |
+24.24% |
| 2020-12-31 | €1.63 Billion ≈ $1.91 Billion |
-45.26% |
| 2019-12-31 | €2.98 Billion ≈ $3.49 Billion |
-0.57% |
| 2018-12-31 | €3.00 Billion ≈ $3.51 Billion |
-2.44% |
| 2017-12-31 | €3.08 Billion ≈ $3.60 Billion |
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Equity Component Analysis
This analysis shows how different components contribute to Universal Music 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 decreased by 950.9% over the analyzed period, potentially due to dividend distributions or operating losses.
Universal Music Group N.V. Net Assets Breakdown (December 2024)
Universal Music Group N.V. net assets breakdown by equity component as of December 2024.
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | €18.29 Billion | 404.18% |
| Other Components | €15.04 Billion | 332.21% |
| Total Equity | €4.53 Billion | 100.00% |
Universal Music Group N.V. Competitors by Market Cap
The table below lists competitors of Universal Music Group N.V. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Bank Central Asia Tbk
JK:BBCA
|
$35.39 Billion |
|
Celestica Inc.
TO:CLS
|
$35.43 Billion |
|
Woolworths Group Ltd
AU:WOW
|
$35.45 Billion |
|
UltraTech Cement Limited
NSE:ULTRACEMCO
|
$35.47 Billion |
|
ITC Limited
NSE:ITC
|
$35.23 Billion |
|
Ubiquiti Networks Inc
NYSE:UI
|
$35.14 Billion |
|
Aena SA
MC:AENA
|
$35.13 Billion |
|
UNIV.MUSIC GRP.ADR/050
F:0VD0
|
$35.12 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Universal Music Group N.V.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,962,000,000 to 4,526,000,000, a change of 1,564,000,000 (52.8%).
- Net income of 2,086,000,000 contributed positively to equity growth.
- Dividend payments of 933,000,000 reduced retained earnings.
- Other factors increased equity by 411,000,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €2.09 Billion | +46.09% |
| Dividends Paid | €933.00 Million | -20.61% |
| Other Changes | €411.00 Million | +9.08% |
| Total Change | €- | 52.80% |
Book Value vs Market Value Analysis
This analysis compares Universal Music 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: 6.73x
- 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 9.70x to 6.73x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | €1.70 | €16.45 | x |
| 2018-12-31 | €1.65 | €16.45 | x |
| 2019-12-31 | €1.10 | €16.45 | x |
| 2020-12-31 | €0.79 | €16.45 | x |
| 2021-12-31 | €1.12 | €16.45 | x |
| 2022-12-31 | €1.29 | €16.45 | x |
| 2023-12-31 | €1.61 | €16.45 | x |
| 2024-12-31 | €2.44 | €16.45 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Universal Music 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): 46.09%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 17.63%
- • Asset Turnover: 0.66x
- • Equity Multiplier: 3.95x
- Recent ROE (46.09%) is below the historical average (46.20%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | 29.91% | 14.89% | 0.71x | 2.82x | €597.10 Million |
| 2019 | 32.60% | 13.58% | 0.81x | 2.96x | €673.80 Million |
| 2020 | 95.39% | 18.38% | 0.64x | 8.06x | €1.22 Billion |
| 2021 | 43.65% | 10.42% | 0.70x | 5.96x | €683.00 Million |
| 2022 | 33.26% | 7.56% | 0.89x | 4.95x | €546.90 Million |
| 2023 | 42.51% | 11.33% | 0.85x | 4.42x | €962.80 Million |
| 2024 | 46.09% | 17.63% | 0.66x | 3.95x | €1.63 Billion |
Industry Comparison
This section compares Universal Music Group N.V.'s net assets metrics with peer companies in the Entertainment industry.
Industry Context
- Industry: Entertainment
- Average net assets among peers: $113,142,000
- Average return on equity (ROE) among peers: 11.50%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Universal Music Group N.V. (UMG) | €4.91 Billion | 29.91% | 2.73x | $35.27 Billion |
| AFC Ajax NV (AJAX) | $88.08 Million | 18.80% | 0.50x | $153.27 Million |
| Banijay Group NV (BNJ) | $138.20 Million | 4.20% | 32.63x | $3.66 Billion |
About Universal Music Group N.V.
Universal Music Group N.V. operates as a music company worldwide. It operates through Recorded Music, Music Publishing, and Merchandising & Other segments. The Recorded Music segment discovers and develops recording artists, as well as licenses, markets, promotes, distributes, and sells their music across various formats and platforms; and engages in the live events, sponsorship, film, and televi… Read more