Quest For Growth - Pricaf

BR:QFG Belgium Asset Management
Market Cap
$80.56 Million
€78.48 Million EUR
Market Cap Rank
#42612 Global
#87 in Belgium
Share Price
€4.19
Change (1 day)
+3.44%
52-Week Range
€3.90 - €4.27
All Time High
€10.59
About

Quest for Growth NV is a mutual fund launched and managed by Quest Management NV. The fund makes its investments in listed and unlisted companies of Europe. It primarily invests in growth stocks of smaller capitalization companies and small and medium sized companies. The fund also invests in venture funds, and unquoted technology companies. It employs bottom-up stock picking approach along with … Read more

Quest For Growth - Pricaf (QFG) - Net Assets

Latest net assets as of June 2025: €138.20 Million EUR

Based on the latest financial reports, Quest For Growth - Pricaf (QFG) has net assets worth €138.20 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 (€138.26 Million) and total liabilities (€51.99K). 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 €138.20 Million
% of Total Assets 99.96%
Annual Growth Rate 4.97%
5-Year Change -12.31%
10-Year Change -9.03%
Growth Volatility 21.41

Quest For Growth - Pricaf - Net Assets Trend (2002–2024)

This chart illustrates how Quest For Growth - Pricaf's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Quest For Growth - Pricaf (2002–2024)

The table below shows the annual net assets of Quest For Growth - Pricaf from 2002 to 2024.

Year Net Assets Change
2024-12-31 €134.41 Million -4.50%
2023-12-31 €140.74 Million -2.44%
2022-12-31 €144.27 Million -19.72%
2021-12-31 €179.70 Million +17.25%
2020-12-31 €153.27 Million +12.54%
2019-12-31 €136.18 Million +14.02%
2018-12-31 €119.44 Million -26.43%
2017-12-31 €162.36 Million +20.29%
2016-12-31 €134.97 Million -8.65%
2015-12-31 €147.75 Million +34.50%
2014-12-31 €109.85 Million +0.01%
2013-12-31 €109.84 Million +2.84%
2012-12-31 €106.80 Million +17.24%
2011-12-31 €91.10 Million -14.06%
2010-12-31 €106.01 Million +24.07%
2009-12-31 €85.44 Million +26.83%
2008-12-31 €67.37 Million -41.81%
2007-12-31 €115.77 Million +20.67%
2006-12-31 €95.94 Million +50.86%
2004-12-31 €63.60 Million +7.80%
2003-12-31 €59.00 Million +27.64%
2002-12-31 €46.22 Million --

Equity Component Analysis

This analysis shows how different components contribute to Quest For Growth - Pricaf'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 1266656800.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Common Stock €147.07 Million 109.42%
Total Equity €134.41 Million 100.00%

Quest For Growth - Pricaf Competitors by Market Cap

The table below lists competitors of Quest For Growth - Pricaf ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Quest For Growth - Pricaf's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 140,744,692 to 134,406,331, a change of -6,338,361 (-4.5%).
  • Net loss of 6,338,360 reduced equity.
  • Other comprehensive income increased equity by 2,803,948.
  • Other factors decreased equity by 2,803,949.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income €-6.34 Million -4.72%
Other Comprehensive Income €2.80 Million +2.09%
Other Changes €-2.80 Million -2.09%
Total Change €- -4.50%

Book Value vs Market Value Analysis

This analysis compares Quest For Growth - Pricaf'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: 0.58x
  • The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2002-12-31 €7.96 €4.19 x
2003-12-31 €10.17 €4.19 x
2004-12-31 €10.96 €4.19 x
2006-12-31 €9.46 €4.19 x
2007-12-31 €9.16 €4.19 x
2008-12-31 €5.33 €4.19 x
2009-12-31 €6.76 €4.19 x
2010-12-31 €8.37 €4.19 x
2011-12-31 €7.37 €4.19 x
2012-12-31 €8.64 €4.19 x
2013-12-31 €8.89 €4.19 x
2014-12-31 €8.89 €4.19 x
2015-12-31 €12.81 €4.19 x
2016-12-31 €9.78 €4.19 x
2017-12-31 €10.71 €4.19 x
2018-12-31 €7.32 €4.19 x
2019-12-31 €8.12 €4.19 x
2020-12-31 €9.14 €4.19 x
2021-12-31 €10.71 €4.19 x
2022-12-31 €8.04 €4.19 x
2023-12-31 €7.57 €4.19 x
2024-12-31 €7.17 €4.19 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Quest For Growth - Pricaf 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): -4.72%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 0.00%
  • • Asset Turnover: -0.04x
  • • Equity Multiplier: 1.00x
  • Recent ROE (-4.72%) is below the historical average (2.39%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2002 -30.72% 0.00% -0.24x 1.00x €-18.82 Million
2003 21.65% 82.82% 0.26x 1.00x €6.87 Million
2004 7.23% 69.65% 0.10x 1.00x €-1.76 Million
2006 22.45% 94.66% 0.19x 1.23x €11.94 Million
2007 0.54% 20.04% 0.03x 1.01x €-10.96 Million
2008 -71.85% 0.00% -0.68x 1.00x €-55.14 Million
2009 21.16% 94.46% 0.22x 1.00x €9.53 Million
2010 19.40% 96.23% 0.20x 1.00x €9.97 Million
2011 -14.61% 0.00% -0.14x 1.00x €-22.42 Million
2012 14.70% 94.01% 0.16x 1.00x €5.02 Million
2013 16.82% 97.51% 0.15x 1.14x €7.49 Million
2014 7.93% 92.78% 0.08x 1.08x €-2.27 Million
2015 25.65% 97.86% 0.26x 1.00x €23.12 Million
2016 0.40% 38.57% 0.01x 1.00x €-12.96 Million
2017 16.87% 96.60% 0.17x 1.00x €11.15 Million
2018 -22.54% 0.00% -0.22x 1.00x €-38.87 Million
2019 12.29% 95.29% 0.13x 1.00x €3.12 Million
2020 11.15% 96.17% 0.12x 1.00x €1.76 Million
2021 18.44% 97.35% 0.19x 1.00x €15.17 Million
2022 -17.21% 0.00% -0.17x 1.00x €-39.26 Million
2023 -2.50% 0.00% -0.02x 1.00x €-17.60 Million
2024 -4.72% 0.00% -0.04x 1.00x €-19.78 Million

Industry Comparison

This section compares Quest For Growth - Pricaf's net assets metrics with peer companies in the Asset Management industry.

Industry Context

  • Industry: Asset Management
  • Average net assets among peers: $1,223,319,375
  • Average return on equity (ROE) among peers: 0.77%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Quest For Growth - Pricaf (QFG) €138.20 Million -30.72% 0.00x $42.21K
Brederode SA (BREB) $4.14 Billion 9.98% 0.00x $1.18 Billion
Candela Invest SA (CAND) $6.24 Million 17.25% 1.54x $73.08K
Compagnie du Bois Sauvage SA (COMB) $385.57 Million -46.01% 0.99x $253.83 Million
GIMV NV (GIMB) $1.30 Billion 15.78% 0.35x $1.71 Billion
KBC Ancora (KBCA) $2.21 Billion 0.00% 0.00x $2.79 Billion
Palmboomen Cultuur Maatschappij Mopoli (Palmeraies De Mopoli) N.V (MOP) $55.32 Million 2.99% 0.00x $21.20 Million
TINC Comm VA (TINC) $463.62 Million 5.39% 0.00x $430.75 Million