Quality & Reliability A.B.E.E
Quality & Reliability A.B.E.E, together with its subsidiaries, delivers integrated information systems for large and mid-size enterprises in the public and private sector in Greece and internationally. It offers personnel and payroll, property, citizen records, social security, and road traffic police fine management software solutions, as well as e-procurement software and public financials solu… Read more
Quality & Reliability A.B.E.E (QUAL) - Net Assets
Latest net assets as of December 2024: €3.30 Million EUR
Based on the latest financial reports, Quality & Reliability A.B.E.E (QUAL) has net assets worth €3.30 Million EUR as of December 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€19.06 Million) and total liabilities (€15.77 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 | €3.30 Million |
| % of Total Assets | 17.29% |
| Annual Growth Rate | -7.03% |
| 5-Year Change | 14.8% |
| 10-Year Change | -38.38% |
| Growth Volatility | 14.97 |
Quality & Reliability A.B.E.E - Net Assets Trend (2014–2024)
This chart illustrates how Quality & Reliability A.B.E.E's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Quality & Reliability A.B.E.E (2014–2024)
The table below shows the annual net assets of Quality & Reliability A.B.E.E from 2014 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €3.30 Million | +11.69% |
| 2023-12-31 | €2.95 Million | +27.11% |
| 2022-12-31 | €2.32 Million | +1.33% |
| 2021-12-31 | €2.29 Million | -20.20% |
| 2020-12-31 | €2.87 Million | -17.51% |
| 2019-12-31 | €3.48 Million | -15.80% |
| 2018-12-31 | €4.13 Million | -15.15% |
| 2017-12-31 | €4.87 Million | -1.97% |
| 2016-12-31 | €4.97 Million | -7.09% |
| 2015-12-31 | €5.35 Million | -21.68% |
| 2014-12-31 | €6.83 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Quality & Reliability A.B.E.E'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 104841932.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €12.80 Million | 388.42% |
| Total Equity | €3.30 Million | 100.00% |
Quality & Reliability A.B.E.E Competitors by Market Cap
The table below lists competitors of Quality & Reliability A.B.E.E ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Issuer Direct Corp
NYSE MKT:ISDR
|
$18.75 Million |
|
World Houseware (Holdings) Limited
PINK:WHWRF
|
$18.75 Million |
|
Above Food Ingredients Inc. Common Stock
NASDAQ:ABVE
|
$18.76 Million |
|
EA Technique M Bhd
KLSE:5259
|
$18.76 Million |
|
Maybank Securities (Thailand) PCL
BK:MST
|
$18.74 Million |
|
Train Alliance Sweden AB Series B
ST:TRAIN-B
|
$18.74 Million |
|
TGAUF
PINK:TGAUF
|
$18.74 Million |
|
APPIA RARE EARTH+U O.N.
F:A0I0
|
$18.74 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Quality & Reliability A.B.E.E's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,951,248 to 3,296,200, a change of 344,952 (11.7%).
- Net income of 328,528 contributed positively to equity growth.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €328.53K | +9.97% |
| Other Changes | €16.42K | +0.5% |
| Total Change | €- | 11.69% |
Book Value vs Market Value Analysis
This analysis compares Quality & Reliability A.B.E.E'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: 9.74x
- 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 increased from 7.77x to 9.74x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-12-31 | €0.15 | €1.17 | x |
| 2019-12-31 | €0.13 | €1.17 | x |
| 2020-12-31 | €0.11 | €1.17 | x |
| 2021-12-31 | €0.08 | €1.17 | x |
| 2022-12-31 | €0.08 | €1.17 | x |
| 2023-12-31 | €0.11 | €1.17 | x |
| 2024-12-31 | €0.12 | €1.17 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Quality & Reliability A.B.E.E 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): 9.97%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.17%
- • Asset Turnover: 0.80x
- • Equity Multiplier: 5.78x
- Recent ROE (9.97%) is above the historical average (-7.58%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 7.01% | 7.45% | 0.43x | 2.19x | €-204.24K |
| 2015 | -27.86% | -19.59% | 0.52x | 2.74x | €-2.03 Million |
| 2016 | -8.14% | -8.75% | 0.43x | 2.15x | €-901.64K |
| 2017 | -2.26% | -4.27% | 0.28x | 1.91x | €-597.48K |
| 2018 | -12.96% | -20.47% | 0.33x | 1.91x | €-949.16K |
| 2019 | -19.92% | -30.52% | 0.30x | 2.15x | €-1.04 Million |
| 2020 | -23.27% | -22.90% | 0.39x | 2.61x | €-955.14K |
| 2021 | -27.55% | -21.43% | 0.39x | 3.26x | €-860.40K |
| 2022 | 0.23% | 0.08% | 0.65x | 4.26x | €-226.82K |
| 2023 | 21.41% | 6.11% | 0.65x | 5.40x | €336.78K |
| 2024 | 9.97% | 2.17% | 0.80x | 5.78x | €-1.09K |
Industry Comparison
This section compares Quality & Reliability A.B.E.E's net assets metrics with peer companies in the Software - Application industry.
Industry Context
- Industry: Software - Application
- Average net assets among peers: $13,397,057
- Average return on equity (ROE) among peers: 6.65%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Quality & Reliability A.B.E.E (QUAL) | €3.30 Million | 7.01% | 4.78x | $18.75 Million |
| Ilyda SA (ILYDA) | $5.19 Million | 8.28% | 0.69x | $4.03 Million |
| Logismos Information Systems S.A (LOGISMOS) | $6.63 Million | -3.77% | 0.34x | $4.18 Million |
| Profile Systems & Software SA (PROF) | $27.98 Million | 15.56% | 0.69x | $104.51 Million |
| Space Hellas SA (SPACE) | $13.79 Million | 6.53% | 2.36x | $23.34 Million |