Lotus Bakeries (LOTB) - Net Assets
Based on the latest financial reports, Lotus Bakeries (LOTB) has net assets worth €859.60 Million EUR (≈ $1.00 Billion USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€1.54 Billion ≈ $1.80 Billion USD) and total liabilities (€676.92 Million ≈ $791.39 Million 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. Also explore LOTB total asset value for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €859.60 Million |
| % of Total Assets | 55.94% |
| Annual Growth Rate | 15.02% |
| 5-Year Change | 65.46% |
| 10-Year Change | 245.97% |
| Growth Volatility | 10.44 |
Lotus Bakeries - Net Assets Trend (2000–2025)
This chart illustrates how Lotus Bakeries's net assets have evolved over time, based on quarterly financial data. For live valuation and market cap data, see Lotus Bakeries market capitalisation.
Annual Net Assets for Lotus Bakeries (2000–2025)
The table below shows the annual net assets of Lotus Bakeries from 2000 to 2025. Explore cash flow conversion of Lotus Bakeries to assess how effectively this company generates cash.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | €859.60 Million ≈ $1.00 Billion |
+8.65% |
| 2024-12-31 | €791.15 Million ≈ $924.94 Million |
+20.56% |
| 2023-12-31 | €656.21 Million ≈ $767.17 Million |
+14.69% |
| 2022-12-31 | €572.14 Million ≈ $668.89 Million |
+10.13% |
| 2021-12-31 | €519.53 Million ≈ $607.39 Million |
+19.78% |
| 2020-12-31 | €433.74 Million ≈ $507.09 Million |
+7.77% |
| 2019-12-31 | €402.48 Million ≈ $470.54 Million |
+16.01% |
| 2018-12-31 | €346.93 Million ≈ $405.59 Million |
+18.32% |
| 2017-12-31 | €293.21 Million ≈ $342.80 Million |
+18.01% |
| 2016-12-31 | €248.46 Million ≈ $290.48 Million |
+14.22% |
| 2015-12-31 | €217.53 Million ≈ $254.31 Million |
+8.42% |
| 2014-12-31 | €200.63 Million ≈ $234.56 Million |
+17.07% |
| 2013-12-31 | €171.38 Million ≈ $200.36 Million |
+18.02% |
| 2012-12-31 | €145.21 Million ≈ $169.76 Million |
+14.55% |
| 2011-12-31 | €126.76 Million ≈ $148.20 Million |
+15.45% |
| 2010-12-31 | €109.80 Million ≈ $128.36 Million |
+8.50% |
| 2009-12-31 | €101.20 Million ≈ $118.31 Million |
+17.87% |
| 2008-12-31 | €85.86 Million ≈ $100.37 Million |
+24.56% |
| 2007-12-31 | €68.92 Million ≈ $80.58 Million |
+26.05% |
| 2006-12-31 | €54.68 Million ≈ $63.92 Million |
+12.89% |
| 2005-12-31 | €48.43 Million ≈ $56.62 Million |
+51.31% |
| 2004-12-31 | €32.01 Million ≈ $37.42 Million |
+18.10% |
| 2003-12-31 | €27.10 Million ≈ $31.69 Million |
+4.37% |
| 2002-12-31 | €25.97 Million ≈ $30.36 Million |
+14.54% |
| 2001-12-31 | €22.67 Million ≈ $26.51 Million |
-12.80% |
| 2000-12-31 | €26.00 Million ≈ $30.40 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Lotus Bakeries'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 92480300000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €924.80 Million | 107.59% |
| Common Stock | €16.39 Million | 1.91% |
| Total Equity | €859.60 Million | 100.00% |
Lotus Bakeries Competitors by Market Cap
The table below lists competitors of Lotus Bakeries ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Zoomlion Heavy Industry Science and Technology Co Ltd
SHE:000157
|
$8.26 Billion |
|
Tetra Tech Inc
NASDAQ:TTEK
|
$8.26 Billion |
|
Vicinity Centres
AU:VCX
|
$8.27 Billion |
|
Figma, Inc.
NYSE:FIG
|
$8.27 Billion |
|
Steel Authority of India Limited
NSE:SAIL
|
$8.25 Billion |
|
Murphy USA Inc
NYSE:MUSA
|
$8.25 Billion |
|
AU Small Finance Bank Limited
NSE:AUBANK
|
$8.21 Billion |
|
Bharti Hexacom Ltd
NSE:BHARTIHEXA
|
$8.21 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Lotus Bakeries's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 791,155,000 to 859,602,000, a change of 68,447,000 (8.7%).
- Net income of 172,258,000 contributed positively to equity growth.
- Other comprehensive income increased equity by 19,305,000.
- Other factors decreased equity by 123,116,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €172.26 Million | +20.04% |
| Other Comprehensive Income | €19.30 Million | +2.25% |
| Other Changes | €-123.12 Million | -14.32% |
| Total Change | €- | 8.65% |
Book Value vs Market Value Analysis
This analysis compares Lotus Bakeries'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: 9.70x
- 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 319.84x to 9.70x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2003-12-31 | €32.08 | €10260.00 | x |
| 2004-12-31 | €38.40 | €10260.00 | x |
| 2005-12-31 | €61.01 | €10260.00 | x |
| 2006-12-31 | €68.89 | €10260.00 | x |
| 2007-12-31 | €88.91 | €10260.00 | x |
| 2008-12-31 | €106.79 | €10260.00 | x |
| 2009-12-31 | €127.78 | €10260.00 | x |
| 2010-12-31 | €141.51 | €10260.00 | x |
| 2011-12-31 | €164.28 | €10260.00 | x |
| 2012-12-31 | €187.63 | €10260.00 | x |
| 2013-12-31 | €217.64 | €10260.00 | x |
| 2014-12-31 | €251.84 | €10260.00 | x |
| 2015-12-31 | €270.84 | €10260.00 | x |
| 2016-12-31 | €308.11 | €10260.00 | x |
| 2017-12-31 | €362.49 | €10260.00 | x |
| 2018-12-31 | €428.86 | €10260.00 | x |
| 2019-12-31 | €496.88 | €10260.00 | x |
| 2020-12-31 | €534.62 | €10260.00 | x |
| 2021-12-31 | €638.50 | €10260.00 | x |
| 2022-12-31 | €704.52 | €10260.00 | x |
| 2023-12-31 | €807.77 | €10260.00 | x |
| 2024-12-31 | €973.04 | €10260.00 | x |
| 2025-12-31 | €1057.31 | €10260.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Lotus Bakeries 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): 20.04%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 12.71%
- • Asset Turnover: 0.88x
- • Equity Multiplier: 1.79x
- Recent ROE (20.04%) is below the historical average (20.25%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2003 | 11.25% | 1.90% | 1.60x | 3.70x | €322.00K |
| 2004 | 22.81% | 4.55% | 1.67x | 3.00x | €3.92 Million |
| 2005 | 20.15% | 6.29% | 1.45x | 2.21x | €4.83 Million |
| 2006 | 21.26% | 6.36% | 0.90x | 3.72x | €6.04 Million |
| 2007 | 30.47% | 9.20% | 1.15x | 2.88x | €13.88 Million |
| 2008 | 23.81% | 7.86% | 1.13x | 2.69x | €11.69 Million |
| 2009 | 25.08% | 9.64% | 1.15x | 2.25x | €15.13 Million |
| 2010 | 21.01% | 8.71% | 1.18x | 2.05x | €12.09 Million |
| 2011 | 18.78% | 8.64% | 1.16x | 1.88x | €11.13 Million |
| 2012 | 17.73% | 8.92% | 1.07x | 1.86x | €11.22 Million |
| 2013 | 16.30% | 8.40% | 0.99x | 1.95x | €10.79 Million |
| 2014 | 18.33% | 10.57% | 1.03x | 1.68x | €16.72 Million |
| 2015 | 20.87% | 11.03% | 0.72x | 2.63x | €23.66 Million |
| 2016 | 24.66% | 12.07% | 0.93x | 2.21x | €36.41 Million |
| 2017 | 21.67% | 12.12% | 0.88x | 2.04x | €34.22 Million |
| 2018 | 19.29% | 12.02% | 0.78x | 2.05x | €32.22 Million |
| 2019 | 18.62% | 12.23% | 0.75x | 2.02x | €34.67 Million |
| 2020 | 19.04% | 12.45% | 0.79x | 1.95x | €39.23 Million |
| 2021 | 17.47% | 12.10% | 0.76x | 1.91x | €38.81 Million |
| 2022 | 18.04% | 11.77% | 0.80x | 1.91x | €46.03 Million |
| 2023 | 19.70% | 12.16% | 0.85x | 1.89x | €63.64 Million |
| 2024 | 19.29% | 12.39% | 0.88x | 1.76x | €73.46 Million |
| 2025 | 20.04% | 12.71% | 0.88x | 1.79x | €86.30 Million |
Industry Comparison
This section compares Lotus Bakeries's net assets metrics with peer companies in the Packaged Foods industry.
Industry Context
- Industry: Packaged Foods
- Average net assets among peers: $82,377,000
- Average return on equity (ROE) among peers: 8.47%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Lotus Bakeries (LOTB) | €859.60 Million | 11.25% | 0.79x | $8.25 Billion |
| Miko NV (MIKO) | $39.73 Million | 11.20% | 0.90x | $72.78 Million |
| What's Cooking Group NV/SA (WHATS) | $125.03 Million | 5.75% | 2.40x | $228.31 Million |
About Lotus Bakeries
Lotus Bakeries NV, together with its subsidiaries, provides various snack products in Belgium and internationally. It offers biscuits, cookies, gingerbreads, cakes, cake donut, waffles, fruity bakes, veggie straws, wriggles, tiddlers, biscptti, melty bittons, and pepparkakor biscuits. The company also provides energy bars, fruit and nut bars, protein bars, fruit and fibre bars, ice creams, and sp… Read more