Whitestone Group
Whitestone Group SA engages in third-party asset management activities. It is also involved in private equity activities; invests in small and medium-sized enterprises; and manages a SICAV-SIF to investors, through a multi-asset fund, such as equities, bonds, and cash. The company was formerly known as EVADIX SA and changed its name to Whitestone Group SA in September 2021. Whitestone Group SA wa… Read more
Whitestone Group (ROCK) - Net Assets
Latest net assets as of June 2024: €73.78 Million EUR
Based on the latest financial reports, Whitestone Group (ROCK) has net assets worth €73.78 Million EUR as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€74.19 Million) and total liabilities (€410.99K). 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 | €73.78 Million |
| % of Total Assets | 99.45% |
| Annual Growth Rate | 13.74% |
| 5-Year Change | 34772.32% |
| 10-Year Change | 990.45% |
| Growth Volatility | 1432.36 |
Whitestone Group - Net Assets Trend (2008–2024)
This chart illustrates how Whitestone Group's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Whitestone Group (2008–2024)
The table below shows the annual net assets of Whitestone Group from 2008 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €71.44 Million | +397.17% |
| 2023-12-31 | €14.37 Million | -2.66% |
| 2022-12-31 | €14.76 Million | +23.23% |
| 2021-12-31 | €11.98 Million | +5747.53% |
| 2019-12-31 | €204.87K | +47.42% |
| 2018-12-31 | €138.96K | -94.02% |
| 2017-12-31 | €2.32 Million | -20.49% |
| 2016-12-31 | €2.92 Million | +48.04% |
| 2015-12-31 | €1.97 Million | -69.85% |
| 2014-12-31 | €6.55 Million | -15.21% |
| 2013-12-31 | €7.73 Million | -8.02% |
| 2012-12-31 | €8.40 Million | -1.74% |
| 2011-12-31 | €8.55 Million | +4.18% |
| 2010-12-31 | €8.21 Million | -2.20% |
| 2009-12-31 | €8.39 Million | -7.89% |
| 2008-12-31 | €9.11 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Whitestone Group'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 157612181.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | €23.85 Million | 32.45% |
| Other Comprehensive Income | €-1.92 Million | -2.61% |
| Other Components | €51.58 Million | 70.16% |
| Total Equity | €73.51 Million | 100.00% |
Whitestone Group Competitors by Market Cap
The table below lists competitors of Whitestone Group ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Canagold Resources Ltd
OTCQB:CRCUF
|
$23.92 Million |
|
MotorK Ltd
AS:MTRK
|
$23.92 Million |
|
YOUNGHWA TECH Co. Ltd
KQ:265560
|
$23.93 Million |
|
Kervansaray Yatirim Holding AS
IS:KERVN
|
$23.93 Million |
|
Relief Therapeutics Holding AG
OTCQB:RLFTY
|
$23.91 Million |
|
HMA AGRO INDUSTRIES ORD (BSE)
NSE:HMAAGRO
|
$23.90 Million |
|
Spyrosoft S.A.
WAR:SPR
|
$23.90 Million |
|
West Vault Mining Inc
OTCQX:WVMDF
|
$23.89 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Whitestone Group's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 14,462,341 to 73,510,184, a change of 59,047,843 (408.3%).
- Net loss of 2,279,418 reduced equity.
- Other comprehensive income increased equity by 880,586.
- Other factors increased equity by 60,446,675.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-2.28 Million | -3.1% |
| Other Comprehensive Income | €880.59K | +1.2% |
| Other Changes | €60.45 Million | +82.23% |
| Total Change | €- | 408.29% |
Book Value vs Market Value Analysis
This analysis compares Whitestone Group'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: 0.02x
- 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 |
|---|---|---|---|
| 2008-12-31 | €303.34 | €16.00 | x |
| 2009-12-31 | €279.38 | €16.00 | x |
| 2010-12-31 | €288.35 | €16.00 | x |
| 2011-12-31 | €283.91 | €16.00 | x |
| 2012-12-31 | €274.86 | €16.00 | x |
| 2013-12-31 | €252.98 | €16.00 | x |
| 2014-12-31 | €219.35 | €16.00 | x |
| 2015-12-31 | €65.82 | €16.00 | x |
| 2016-12-31 | €97.34 | €16.00 | x |
| 2017-12-31 | €77.40 | €16.00 | x |
| 2018-12-31 | €4.63 | €16.00 | x |
| 2019-12-31 | €6.82 | €16.00 | x |
| 2021-12-31 | €564.42 | €16.00 | x |
| 2022-12-31 | €684.30 | €16.00 | x |
| 2023-12-31 | €669.58 | €16.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Whitestone Group 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): -3.10%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -1.01%
- • Asset Turnover: 2.16x
- • Equity Multiplier: 1.42x
- Recent ROE (-3.10%) is above the historical average (-17.66%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | 7.10% | 1.49% | 1.00x | 4.77x | €-264.43K |
| 2009 | -6.67% | -1.48% | 1.02x | 4.39x | €-1.40 Million |
| 2010 | 8.67% | 2.35% | 1.12x | 3.30x | €-109.16K |
| 2011 | 8.81% | 2.25% | 1.26x | 3.11x | €-102.13K |
| 2012 | 0.69% | 0.20% | 1.28x | 2.76x | €-781.90K |
| 2013 | -6.32% | -1.82% | 1.27x | 2.72x | €-1.26 Million |
| 2014 | -17.32% | -5.46% | 1.08x | 2.93x | €-1.79 Million |
| 2015 | -185.36% | -87.76% | 0.81x | 2.60x | €-3.86 Million |
| 2016 | 33.48% | 18.79% | 0.97x | 1.83x | €686.54K |
| 2017 | -72.59% | -1632.56% | 0.04x | 1.26x | €-1.92 Million |
| 2018 | -59.96% | 0.00% | 0.00x | 1.09x | €-97.22K |
| 2019 | 32.17% | 0.00% | 0.00x | 1.36x | €45.42K |
| 2021 | -9.41% | -1.44% | 3.98x | 1.64x | €-2.50 Million |
| 2022 | -7.12% | -0.46% | 8.63x | 1.78x | €-2.61 Million |
| 2023 | -5.58% | -0.38% | 9.55x | 1.53x | €-2.25 Million |
| 2024 | -3.10% | -1.01% | 2.16x | 1.42x | €-9.63 Million |
Industry Comparison
This section compares Whitestone Group's net assets metrics with peer companies in the Specialty Business Services industry.
No peer company data available for comparison.