Gigaset AG
Gigaset AG operates in Diversified Metals & Mining.
Gigaset AG (GGS) - Net Assets
Latest net assets as of June 2023: €15.62 Million EUR
Based on the latest financial reports, Gigaset AG (GGS) has net assets worth €15.62 Million EUR as of June 2023.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€188.13 Million) and total liabilities (€172.51 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 | €15.62 Million |
| % of Total Assets | 8.3% |
| Annual Growth Rate | 5.53% |
| 5-Year Change | -1.52% |
| 10-Year Change | N/A |
| Growth Volatility | 142.93 |
Gigaset AG - Net Assets Trend (2016–2022)
This chart illustrates how Gigaset AG's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Gigaset AG (2016–2022)
The table below shows the annual net assets of Gigaset AG from 2016 to 2022.
| Year | Net Assets | Change |
|---|---|---|
| 2022-12-31 | €24.64 Million | +208.21% |
| 2021-12-31 | €8.00 Million | +321.68% |
| 2020-12-31 | €1.90 Million | -89.78% |
| 2019-12-31 | €18.54 Million | -25.89% |
| 2018-12-31 | €25.02 Million | +3.87% |
| 2017-12-31 | €24.09 Million | +35.01% |
| 2016-12-31 | €17.84 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Gigaset AG'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 0.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2022)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €68.98 Million | 279.94% |
| Total Equity | €24.64 Million | 100.00% |
Gigaset AG Competitors by Market Cap
The table below lists competitors of Gigaset AG ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Harvest Minerals Ltd
LSE:HMI
|
$183.66 |
|
EASTERN IRON
BE:4LO
|
$184.52 |
|
MULTI INDOCITRA (QF9.SG)
STU:QF9
|
$184.79 |
|
International Printing & Packaging Materials Co.
EGX:IPPM
|
$185.09 |
|
ALLUP SILICA LTD
F:U77
|
$183.21 |
|
Dadabhoy Cement Industries Limited
KAR:DBCI
|
$183.09 |
|
Sprout Tiny Homes Inc
PINK:STHI
|
$183.06 |
|
Vistamalls Inc
PSE:STR
|
$182.98 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Gigaset AG's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2021 to 2022, total equity changed from 7,995,000 to 24,641,000, a change of 16,646,000 (208.2%).
- Net loss of 5,570,000 reduced equity.
- Other factors increased equity by 22,216,000.
Equity Change Factors (2021 to 2022)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-5.57 Million | -22.6% |
| Other Changes | €22.22 Million | +90.16% |
| Total Change | €- | 208.21% |
Book Value vs Market Value Analysis
This analysis compares Gigaset AG'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: 0.10x
- 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 |
|---|---|---|---|
| 2017-12-31 | €0.18 | €0.02 | x |
| 2018-12-31 | €0.19 | €0.02 | x |
| 2019-12-31 | €0.14 | €0.02 | x |
| 2020-12-31 | €0.01 | €0.02 | x |
| 2021-12-31 | €0.06 | €0.02 | x |
| 2022-12-31 | €0.19 | €0.02 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Gigaset AG 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): -22.60%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -2.31%
- • Asset Turnover: 1.26x
- • Equity Multiplier: 7.77x
- Recent ROE (-22.60%) is above the historical average (-62.61%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 24.20% | 1.53% | 1.27x | 12.43x | €2.53 Million |
| 2017 | 32.71% | 2.69% | 1.29x | 9.42x | €5.47 Million |
| 2018 | 13.56% | 1.21% | 1.32x | 8.52x | €891.90K |
| 2019 | 60.98% | 4.38% | 1.16x | 12.01x | €9.45 Million |
| 2020 | -552.90% | -4.90% | 1.05x | 107.88x | €-10.67 Million |
| 2021 | 5.79% | 0.21% | 1.13x | 24.03x | €-336.50K |
| 2022 | -22.60% | -2.31% | 1.26x | 7.77x | €-8.03 Million |
Industry Comparison
This section compares Gigaset AG's net assets metrics with peer companies in the Other industry.
Industry Context
- Industry: Other
- Average net assets among peers: $114,212,818,724
- Average return on equity (ROE) among peers: -9.08%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Gigaset AG (GGS) | €15.62 Million | 24.20% | 11.04x | $183.46 |
| HORIBA (01H) | $204.49 Billion | 10.42% | 0.82x | $989.01K |
| Tokyu Corporation (01T) | $779.37 Billion | 3.34% | 2.35x | $99.73K |
| GUANGZHOU AUTO -H- (02G) | $122.28 Billion | 6.59% | 0.55x | $4.05K |
| MOSAIC (02M) | $10.60 Billion | 4.43% | 0.90x | $280.83K |
| MOSAIC (02M.SG) (02M) | $9.56 Billion | 10.46% | 0.82x | $247.21K |
| CHINA JO-JO DRGSTRS (04CN.SG) (04CN) | $16.67 Million | -126.83% | 4.46x | $1.55 Million |
| KRAKATAU STEEL -B- (07K) | $552.59 Million | 3.52% | 4.72x | $166.99 |
| CN MODERN DAIRY (07M) | $7.12 Billion | -10.42% | 1.50x | $1.68K |
| TOURMALINE OIL (08T) | $7.22 Billion | 4.81% | 0.41x | $381.02K |
| ASIA CASSAVA RESOUR (0ACS) | $913.15 Million | 2.86% | 1.55x | $325.03 |