Lastminute.com NV (09B) - Net Assets
Based on the latest financial reports, Lastminute.com NV (09B) has net assets worth €56.81 Million EUR (≈ $66.41 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€476.19 Million ≈ $556.72 Million USD) and total liabilities (€419.39 Million ≈ $490.31 Million USD). 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. Check Lastminute.com NV strategic asset allocation index to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €56.81 Million |
| % of Total Assets | 11.93% |
| Annual Growth Rate | -9.87% |
| 5-Year Change | -9.77% |
| 10-Year Change | N/A |
| Growth Volatility | 92.08 |
Lastminute.com NV - Net Assets Trend (2016–2025)
This chart illustrates how Lastminute.com NV's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see market cap of Lastminute.com NV.
Annual Net Assets for Lastminute.com NV (2016–2025)
The table below shows the annual net assets of Lastminute.com NV from 2016 to 2025. Also explore how fast is Lastminute.com NV growing its equity to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | €56.90 Million ≈ $66.52 Million |
+12.07% |
| 2024-12-31 | €50.77 Million ≈ $59.36 Million |
+17.15% |
| 2023-12-31 | €43.34 Million ≈ $50.66 Million |
+262.04% |
| 2022-12-31 | €11.97 Million ≈ $13.99 Million |
-81.02% |
| 2021-12-31 | €63.06 Million ≈ $73.72 Million |
-8.72% |
| 2020-12-31 | €69.08 Million ≈ $80.76 Million |
-47.94% |
| 2019-12-31 | €132.69 Million ≈ $155.13 Million |
+19.22% |
| 2018-12-31 | €111.29 Million ≈ $130.11 Million |
-16.64% |
| 2017-12-31 | €133.51 Million ≈ $156.08 Million |
-7.87% |
| 2016-12-31 | €144.91 Million ≈ $169.41 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Lastminute.com 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 decreased by 12.5% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €22.50 Million | 39.54% |
| Other Components | €34.40 Million | 60.46% |
| Total Equity | €56.90 Million | 100.00% |
Lastminute.com NV Competitors by Market Cap
The table below lists competitors of Lastminute.com NV ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Faze Three Limited
NSE:FAZE3Q
|
$122.80 Million |
|
HB Technology CO.LTD
KQ:078150
|
$122.84 Million |
|
Serviceware SE
F:SJJ
|
$122.85 Million |
|
Digital Currency X Technology Inc.
NASDAQ:DCX
|
$122.88 Million |
|
Mega Manunggal Property TBK PT
JK:MMLP
|
$122.72 Million |
|
Yeong Hwa Meta
KO:012280
|
$122.67 Million |
|
Subex Limited
NSE:SUBEXLTD
|
$122.65 Million |
|
Reef Casino Trust
AU:RCT
|
$122.63 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Lastminute.com NV's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 14,700,000 to 56,900,000, a change of 42,200,000 (287.1%).
- Net income of 11,532,000 contributed positively to equity growth.
- Dividend payments of 4,503,000 reduced retained earnings.
- Share repurchases of 832,000 reduced equity.
- Other factors increased equity by 36,003,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €11.53 Million | +20.27% |
| Dividends Paid | €4.50 Million | -7.91% |
| Share Repurchases | €832.00K | -1.46% |
| Other Changes | €36.00 Million | +63.27% |
| Total Change | €- | 287.07% |
Book Value vs Market Value Analysis
This analysis compares Lastminute.com 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: 1.85x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 1.00x to 1.85x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | €9.88 | €9.90 | x |
| 2018-12-31 | €9.91 | €9.90 | x |
| 2019-12-31 | €11.81 | €9.90 | x |
| 2020-12-31 | €6.24 | €9.90 | x |
| 2021-12-31 | €5.67 | €9.90 | x |
| 2022-12-31 | €1.07 | €9.90 | x |
| 2023-12-31 | €4.00 | €9.90 | x |
| 2024-12-31 | €1.38 | €9.90 | x |
| 2025-12-31 | €5.36 | €9.90 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Lastminute.com 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): 20.27%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.19%
- • Asset Turnover: 0.75x
- • Equity Multiplier: 8.46x
- Recent ROE (20.27%) is above the historical average (-6.60%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 4.79% | 2.60% | 0.80x | 2.30x | €-7.42 Million |
| 2017 | -4.89% | -2.49% | 0.75x | 2.61x | €-19.63 Million |
| 2018 | 9.33% | 3.51% | 0.76x | 3.51x | €-729.30K |
| 2019 | 19.17% | 7.15% | 0.76x | 3.54x | €11.94 Million |
| 2020 | -88.98% | -58.26% | 0.24x | 6.37x | €-68.09 Million |
| 2021 | -15.38% | -6.74% | 0.35x | 6.51x | €-15.86 Million |
| 2022 | -133.18% | -5.15% | 0.60x | 42.83x | €-16.31 Million |
| 2023 | 16.28% | 2.19% | 0.68x | 10.92x | €2.68 Million |
| 2024 | 106.56% | 5.01% | 0.68x | 31.07x | €14.19 Million |
| 2025 | 20.27% | 3.19% | 0.75x | 8.46x | €5.84 Million |
Industry Comparison
This section compares Lastminute.com NV's net assets metrics with peer companies in the Travel Services industry.
Industry Context
- Industry: Travel Services
- Average net assets among peers: $37,811,053,438
- Average return on equity (ROE) among peers: -9.58%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Lastminute.com NV (09B) | €56.81 Million | 4.79% | 7.38x | $122.77 Million |
| Tuniu Corporation (0TUA) | $958.11 Million | 3.25% | 0.67x | $6.32 Million |
| YATRA ONLINE DL-0001 (26Y) | $8.26 Billion | -2.82% | 0.63x | $41.94 Million |
| aovo Touristik AG (A8N) | $389.94K | -93.84% | 8.49x | $2.97 Million |
| Trip.com Group Limited (CLV) | $143.48 Billion | 11.89% | 0.69x | $24.74 Billion |
| TRIP.COM GROUP DL-00125 (CLVB) | $143.48 Billion | 11.89% | 0.69x | $26.06 Billion |
| EDREAMS ODIGEO UNS.ADR/10 (K0I) | $236.30 Million | -18.34% | 3.54x | $348.18 Million |
| MakeMyTrip Limited (MY1) | $1.56 Billion | -14.01% | 0.13x | $4.46 Billion |
| Carnival Corporation & plc (POH1) | $23.77 Billion | 7.39% | 0.65x | $3.90 Billion |
| Tongcheng Travel Holdings Ltd (TEM) | $18.55 Billion | 8.38% | 0.71x | $3.14 Billion |
About Lastminute.com NV
lastminute.com N.V., together with its subsidiaries, operates in the online travel industry providing dynamic holiday packages in Italy, Spain, the United Kingdom, France, Germany, and internationally. The company offers B2C platform, B2B platform, and online travel agency platforms. It operates websites and mobile apps in various languages, which enable travelers to search, compare, book flights… Read more