What's Cooking Group NV/SA
What's Cooking Group NV, together with its subsidiaries, produces and sells meat products and ready meals. It operates through two segments, Savoury and Ready Meals. The Processed Meats segment develops, produces, and sells a range of processed meats, including salami, cooked ham, poultry, other cooked meats, pâtés, salted meats, tongue, and liver products, as well as other private labels. The Re… Read more
What's Cooking Group NV/SA (WHATS) - Net Assets
Latest net assets as of June 2025: €141.98 Million EUR
Based on the latest financial reports, What's Cooking Group NV/SA (WHATS) has net assets worth €141.98 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 (€263.02 Million) and total liabilities (€121.05 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 | €141.98 Million |
| % of Total Assets | 53.98% |
| Annual Growth Rate | -6.04% |
| 5-Year Change | 20.48% |
| 10-Year Change | 29.04% |
| Growth Volatility | 37.96 |
What's Cooking Group NV/SA - Net Assets Trend (2000–2024)
This chart illustrates how What's Cooking Group NV/SA's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for What's Cooking Group NV/SA (2000–2024)
The table below shows the annual net assets of What's Cooking Group NV/SA from 2000 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €140.45 Million | +11.66% |
| 2023-12-31 | €125.78 Million | +4.32% |
| 2022-12-31 | €120.57 Million | -0.72% |
| 2021-12-31 | €121.44 Million | +4.17% |
| 2020-12-31 | €116.58 Million | -6.12% |
| 2019-12-31 | €124.18 Million | -0.68% |
| 2018-12-31 | €125.03 Million | -0.22% |
| 2017-12-31 | €125.31 Million | +8.99% |
| 2016-12-31 | €114.97 Million | +5.63% |
| 2015-12-31 | €108.84 Million | +5.86% |
| 2014-12-31 | €102.81 Million | +3.34% |
| 2013-12-31 | €99.49 Million | +1.48% |
| 2012-12-31 | €98.04 Million | +4.43% |
| 2011-12-31 | €93.88 Million | +5.34% |
| 2010-12-31 | €89.12 Million | +7.62% |
| 2009-12-31 | €82.81 Million | +5.97% |
| 2008-12-31 | €78.15 Million | +5.01% |
| 2007-12-31 | €74.42 Million | +3.77% |
| 2006-12-31 | €71.72 Million | +58.11% |
| 2005-12-31 | €45.36 Million | -10.63% |
| 2004-12-31 | €50.75 Million | +149.53% |
| 2003-12-31 | €20.34 Million | +9.46% |
| 2002-12-31 | €18.58 Million | +11.38% |
| 2001-12-31 | €16.68 Million | -97.34% |
| 2000-12-31 | €627.23 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to What's Cooking Group NV/SA'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 7163600000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €71.64 Million | 51.00% |
| Common Stock | €5.25 Million | 3.74% |
| Other Comprehensive Income | €3.96 Million | 2.82% |
| Other Components | €59.60 Million | 42.44% |
| Total Equity | €140.45 Million | 100.00% |
What's Cooking Group NV/SA Competitors by Market Cap
The table below lists competitors of What's Cooking Group NV/SA ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Calin Technology Co Ltd
TW:4976
|
$92.00 Million |
|
Great China Metal Industry Co Ltd
TW:9905
|
$92.00 Million |
|
Dadelo S.A.
WAR:DAD
|
$92.00 Million |
|
Lyko Group A
ST:LYKO-A
|
$92.11 Million |
|
Solstad Offshore ASA
PINK:SLOFF
|
$91.96 Million |
|
Solux Co. Ltd
KQ:290690
|
$91.94 Million |
|
Gear Energy Ltd
OTCQX:GENGF
|
$91.93 Million |
|
Absa Group Ltd
JSE:ABG
|
$91.91 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in What's Cooking Group NV/SA's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 125,783,000 to 140,449,000, a change of 14,666,000 (11.7%).
- Net income of 20,647,000 contributed positively to equity growth.
- Dividend payments of 7,944,000 reduced retained earnings.
- Other comprehensive income increased equity by 1,963,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €20.65 Million | +14.7% |
| Dividends Paid | €7.94 Million | -5.66% |
| Other Comprehensive Income | €1.96 Million | +1.4% |
| Total Change | €- | 11.66% |
Book Value vs Market Value Analysis
This analysis compares What's Cooking Group NV/SA'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: 1.88x
- 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 3.96x to 1.88x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2004-12-31 | €35.90 | €142.00 | x |
| 2005-12-31 | €31.20 | €142.00 | x |
| 2006-12-31 | €43.55 | €142.00 | x |
| 2007-12-31 | €41.23 | €142.00 | x |
| 2008-12-31 | €43.40 | €142.00 | x |
| 2009-12-31 | €46.03 | €142.00 | x |
| 2010-12-31 | €49.60 | €142.00 | x |
| 2011-12-31 | €52.25 | €142.00 | x |
| 2012-12-31 | €54.56 | €142.00 | x |
| 2013-12-31 | €55.37 | €142.00 | x |
| 2014-12-31 | €57.22 | €142.00 | x |
| 2015-12-31 | €60.58 | €142.00 | x |
| 2016-12-31 | €63.99 | €142.00 | x |
| 2017-12-31 | €68.84 | €142.00 | x |
| 2018-12-31 | €68.66 | €142.00 | x |
| 2019-12-31 | €68.03 | €142.00 | x |
| 2020-12-31 | €63.27 | €142.00 | x |
| 2021-12-31 | €64.85 | €142.00 | x |
| 2022-12-31 | €63.31 | €142.00 | x |
| 2023-12-31 | €68.43 | €142.00 | x |
| 2024-12-31 | €75.67 | €142.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently What's Cooking Group NV/SA 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): 14.70%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.12%
- • Asset Turnover: 1.04x
- • Equity Multiplier: 2.76x
- Recent ROE (14.70%) is above the historical average (9.62%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 17.92% | 1.69% | 1.52x | 6.98x | €49.69 Million |
| 2001 | 7.85% | 0.79% | 1.62x | 6.17x | €-359.40K |
| 2002 | 19.01% | 1.90% | 1.72x | 5.82x | €1.67 Million |
| 2003 | 20.67% | 2.21% | 1.82x | 5.15x | €2.17 Million |
| 2004 | 9.93% | 2.44% | 1.72x | 2.37x | €-34.40K |
| 2005 | 13.12% | 2.52% | 1.76x | 2.96x | €1.41 Million |
| 2006 | 8.33% | 1.83% | 1.57x | 2.90x | €-1.20 Million |
| 2007 | 8.15% | 1.66% | 1.48x | 3.33x | €-1.37 Million |
| 2008 | 9.73% | 1.93% | 1.64x | 3.06x | €-210.60K |
| 2009 | 9.97% | 2.10% | 1.71x | 2.78x | €-24.80K |
| 2010 | 11.74% | 2.60% | 1.66x | 2.72x | €1.55 Million |
| 2011 | 9.59% | 2.23% | 1.60x | 2.69x | €-381.90K |
| 2012 | 8.37% | 1.95% | 1.69x | 2.55x | €-1.60 Million |
| 2013 | 6.23% | 1.52% | 1.69x | 2.42x | €-3.75 Million |
| 2014 | 7.91% | 2.03% | 1.72x | 2.26x | €-2.15 Million |
| 2015 | 9.46% | 2.60% | 1.64x | 2.22x | €-586.30K |
| 2016 | 10.93% | 3.00% | 1.68x | 2.17x | €1.07 Million |
| 2017 | 13.83% | 3.44% | 1.24x | 3.23x | €4.74 Million |
| 2018 | 5.82% | 1.06% | 1.60x | 3.44x | €-5.15 Million |
| 2019 | 3.46% | 0.58% | 1.66x | 3.59x | €-8.00 Million |
| 2020 | -2.08% | -0.33% | 1.79x | 3.50x | €-13.87 Million |
| 2021 | 6.13% | 1.05% | 1.83x | 3.19x | €-4.63 Million |
| 2022 | 3.56% | 0.54% | 1.93x | 3.41x | €-7.65 Million |
| 2023 | 6.09% | 0.92% | 2.08x | 3.17x | €-4.92 Million |
| 2024 | 14.70% | 5.12% | 1.04x | 2.76x | €6.60 Million |
Industry Comparison
This section compares What's Cooking Group NV/SA's net assets metrics with peer companies in the Packaged Foods industry.
Industry Context
- Industry: Packaged Foods
- Average net assets among peers: $127,417,000
- Average return on equity (ROE) among peers: -8.99%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| What's Cooking Group NV/SA (WHATS) | €141.98 Million | 17.92% | 0.85x | $91.99 Million |
| Miko NV (MIKO) | $127.42 Million | -8.99% | 1.45x | $32.35 Million |