Smartphoto Group NV
Smartphoto Group NV engages in the B2C e-commerce business in Europe. The company offers personalized products, including gifts, cards, photo books, photo calendars, prints, wall decoration, clothing, and accessories. It engages in the e-commerce distribution. The company was founded in 1964 and is based in Wetteren, Belgium.
Smartphoto Group NV (SMAR) - Net Assets
Latest net assets as of December 2024: €49.14 Million EUR
Based on the latest financial reports, Smartphoto Group NV (SMAR) has net assets worth €49.14 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 (€85.99 Million) and total liabilities (€36.85 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 | €49.14 Million |
| % of Total Assets | 57.15% |
| Annual Growth Rate | -0.87% |
| 5-Year Change | 8.06% |
| 10-Year Change | 120.71% |
| Growth Volatility | 14.01 |
Smartphoto Group NV - Net Assets Trend (2000–2024)
This chart illustrates how Smartphoto Group NV's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Smartphoto Group NV (2000–2024)
The table below shows the annual net assets of Smartphoto Group NV from 2000 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €49.14 Million | -0.31% |
| 2023-12-31 | €49.29 Million | +1.37% |
| 2022-12-31 | €48.63 Million | -0.64% |
| 2021-12-31 | €48.94 Million | +7.61% |
| 2020-12-31 | €45.48 Million | +12.41% |
| 2019-12-31 | €40.46 Million | +12.43% |
| 2018-12-31 | €35.98 Million | +12.78% |
| 2017-12-31 | €31.91 Million | +20.31% |
| 2016-12-31 | €26.52 Million | +19.10% |
| 2015-12-31 | €22.27 Million | +16.68% |
| 2014-12-31 | €19.08 Million | +0.79% |
| 2013-12-31 | €18.93 Million | -9.41% |
| 2012-12-31 | €20.90 Million | -37.50% |
| 2011-12-31 | €33.44 Million | +14.92% |
| 2010-12-31 | €29.10 Million | 0.00% |
| 2009-12-31 | €29.10 Million | -4.78% |
| 2008-12-31 | €30.56 Million | -26.50% |
| 2007-12-31 | €41.58 Million | -0.74% |
| 2006-12-31 | €41.89 Million | -21.25% |
| 2005-12-31 | €53.19 Million | -5.65% |
| 2004-12-31 | €56.37 Million | +1.46% |
| 2003-12-31 | €55.56 Million | +6.89% |
| 2002-12-31 | €51.98 Million | -2.66% |
| 2001-12-31 | €53.41 Million | -11.85% |
| 2000-12-31 | €60.59 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Smartphoto Group NV'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 971300000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €9.71 Million | 19.76% |
| Common Stock | €41.38 Million | 84.21% |
| Other Comprehensive Income | €9.21 Million | 18.75% |
| Total Equity | €49.14 Million | 100.00% |
Smartphoto Group NV Competitors by Market Cap
The table below lists competitors of Smartphoto Group NV ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Optima Prima Metal Sinergi
JK:OPMS
|
$1.30 Million |
|
Banco Mercantil de Investimentos S.A
SA:BMIN3
|
$1.30 Million |
|
Auriant Mining AB (publ)
ST:AUR
|
$1.30 Million |
|
EXXON MOBIL - Dusseldorf Stock Exchang
DU:XONA
|
$1.30 Million |
|
Grosvenor Resource Corp
V:GVR
|
$1.30 Million |
|
Blueberries Medical Corp
OTCQB:BBRRF
|
$1.30 Million |
|
Key Alliance Group Bhd
KLSE:0036
|
$1.30 Million |
|
UPHLW
PINK:UPHLW
|
$1.30 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Smartphoto Group NV's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 49,294,000 to 49,143,000, a change of -151,000 (-0.3%).
- Net income of 5,424,000 contributed positively to equity growth.
- Dividend payments of 3,714,000 reduced retained earnings.
- Share repurchases of 1,872,000 reduced equity.
- Other comprehensive income increased equity by 10,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €5.42 Million | +11.04% |
| Dividends Paid | €3.71 Million | -7.56% |
| Share Repurchases | €1.87 Million | -3.81% |
| Other Comprehensive Income | €10.00K | +0.02% |
| Other Changes | €1.00K | +0.0% |
| Total Change | €- | -0.31% |
Book Value vs Market Value Analysis
This analysis compares Smartphoto Group NV'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: 1.87x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 4.60x to 1.87x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2002-12-31 | €5.74 | €26.40 | x |
| 2003-12-31 | €6.65 | €26.40 | x |
| 2004-12-31 | €6.84 | €26.40 | x |
| 2005-12-31 | €14.24 | €26.40 | x |
| 2006-12-31 | €11.43 | €26.40 | x |
| 2007-12-31 | €11.40 | €26.40 | x |
| 2008-12-31 | €8.57 | €26.40 | x |
| 2009-12-31 | €8.22 | €26.40 | x |
| 2010-12-31 | €8.22 | €26.40 | x |
| 2011-12-31 | €9.44 | €26.40 | x |
| 2012-12-31 | €5.90 | €26.40 | x |
| 2013-12-31 | €5.35 | €26.40 | x |
| 2014-12-31 | €5.39 | €26.40 | x |
| 2015-12-31 | €6.29 | €26.40 | x |
| 2016-12-31 | €6.73 | €26.40 | x |
| 2017-12-31 | €8.09 | €26.40 | x |
| 2018-12-31 | €9.13 | €26.40 | x |
| 2019-12-31 | €10.36 | €26.40 | x |
| 2020-12-31 | €12.13 | €26.40 | x |
| 2021-12-31 | €13.04 | €26.40 | x |
| 2022-12-31 | €13.35 | €26.40 | x |
| 2023-12-31 | €12.50 | €26.40 | x |
| 2024-12-31 | €14.13 | €26.40 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Smartphoto Group NV 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): 11.04%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.74%
- • Asset Turnover: 0.94x
- • Equity Multiplier: 1.75x
- Recent ROE (11.04%) is above the historical average (1.65%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 23.82% | 0.69% | 3.07x | 11.19x | €3.13 Million |
| 2003 | 34.41% | 1.17% | 3.26x | 9.00x | €6.40 Million |
| 2004 | -14.34% | -0.53% | 3.07x | 8.81x | €-6.57 Million |
| 2005 | -32.71% | -5.23% | 1.54x | 4.06x | €-22.27 Million |
| 2006 | -20.53% | -2.71% | 1.68x | 4.52x | €-12.79 Million |
| 2007 | -2.80% | -0.39% | 1.83x | 3.87x | €-5.32 Million |
| 2008 | -25.35% | -2.91% | 1.95x | 4.47x | €-10.80 Million |
| 2009 | -13.02% | -1.55% | 2.01x | 4.18x | €-6.70 Million |
| 2010 | 0.34% | 0.04% | 1.84x | 4.18x | €-2.81 Million |
| 2011 | -6.35% | -1.08% | 1.89x | 3.13x | €-5.47 Million |
| 2012 | -18.42% | -7.00% | 1.39x | 1.89x | €-5.94 Million |
| 2013 | -10.75% | -3.91% | 1.43x | 1.93x | €-3.93 Million |
| 2014 | 0.83% | 0.49% | 0.97x | 1.77x | €-1.75 Million |
| 2015 | 7.00% | 4.55% | 0.90x | 1.70x | €-667.60K |
| 2016 | 4.95% | 2.91% | 1.03x | 1.65x | €-1.34 Million |
| 2017 | 16.40% | 11.38% | 0.96x | 1.51x | €2.04 Million |
| 2018 | 11.29% | 8.63% | 0.90x | 1.45x | €463.50K |
| 2019 | 17.12% | 13.46% | 0.80x | 1.59x | €2.88 Million |
| 2020 | 18.46% | 13.68% | 0.86x | 1.56x | €3.85 Million |
| 2021 | 11.24% | 8.72% | 0.77x | 1.68x | €606.10K |
| 2022 | 11.29% | 7.20% | 0.92x | 1.70x | €627.30K |
| 2023 | 14.05% | 8.96% | 0.95x | 1.65x | €2.00 Million |
| 2024 | 11.04% | 6.74% | 0.94x | 1.75x | €509.70K |
Industry Comparison
This section compares Smartphoto Group NV's net assets metrics with peer companies in the Specialty Retail industry.
No peer company data available for comparison.