88E (88E) - Net Assets
Based on the latest financial reports, 88E (88E) has net assets worth €610.67 Million EUR as of February 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€1.75 Billion) and total liabilities (€1.14 Billion). 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 | €610.67 Million |
| % of Total Assets | 34.9% |
| Annual Growth Rate | 17.12% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 49.22 |
88E - Net Assets Trend (2022–2025)
This chart illustrates how 88E's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for 88E (2022–2025)
The table below shows the annual net assets of 88E from 2022 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-08-31 | €608.23 Million | +52.36% |
| 2024-08-31 | €399.21 Million | +74.15% |
| 2023-08-31 | €229.23 Million | -39.44% |
| 2022-08-31 | €378.55 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to 88E'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 81.4% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (August 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €46.71 Million | 7.82% |
| Other Components | €550.25 Million | 92.18% |
| Total Equity | €596.96 Million | 100.00% |
88E Competitors by Market Cap
The table below lists competitors of 88E ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Sodexo PK
PINK:SDXAY
|
$950.69 Million |
|
B2 Impact ASA
OL:B2I
|
$951.25 Million |
|
Uniphar Group PLC
IR:UPR
|
$951.34 Million |
|
Xinke Material
SHG:600255
|
$951.47 Million |
|
Shenzhen Urovo Technology Co Ltd
SHE:300531
|
$950.49 Million |
|
BioLife Solutions Inc
NASDAQ:BLFS
|
$950.44 Million |
|
Seria Co. Ltd
PINK:SAOGF
|
$950.39 Million |
|
Leshan Electric Power Co Ltd
SHG:600644
|
$950.36 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in 88E's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 391,381,000 to 596,956,000, a change of 205,575,000 (52.5%).
- Net income of 25,391,000 contributed positively to equity growth.
- Dividend payments of 7,860,000 reduced retained earnings.
- Share repurchases of 52,320,000 reduced equity.
- New share issuances of 199,986,000 increased equity.
- Other factors increased equity by 40,378,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €25.39 Million | +4.25% |
| Dividends Paid | €7.86 Million | -1.32% |
| Share Repurchases | €52.32 Million | -8.76% |
| Share Issuances | €199.99 Million | +33.5% |
| Other Changes | €40.38 Million | +6.76% |
| Total Change | €- | 52.53% |
Book Value vs Market Value Analysis
This analysis compares 88E'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: 1.73x
- 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 2.56x to 1.73x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2022-08-31 | €7.65 | €19.59 | x |
| 2023-08-31 | €4.29 | €19.59 | x |
| 2024-08-31 | €7.35 | €19.59 | x |
| 2025-08-31 | €11.32 | €19.59 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently 88E 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): 4.25%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.85%
- • Asset Turnover: 0.85x
- • Equity Multiplier: 2.71x
- Recent ROE (4.25%) is above the historical average (-18.88%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2022 | 17.91% | 4.77% | 0.89x | 4.23x | €29.40 Million |
| 2023 | -84.29% | -13.01% | 0.96x | 6.77x | €-209.77 Million |
| 2024 | -13.41% | -4.48% | 0.79x | 3.77x | €-91.61 Million |
| 2025 | 4.25% | 1.85% | 0.85x | 2.71x | €-34.30 Million |
Industry Comparison
This section compares 88E's net assets metrics with peer companies in the Information Technology Services industry.
Industry Context
- Industry: Information Technology Services
- Average net assets among peers: $21,135,708,468
- Average return on equity (ROE) among peers: -13.67%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| 88E (88E) | €610.67 Million | 17.91% | 1.87x | $950.50 Million |
| Econocom Group SE (1E91) | $471.30 Million | 13.47% | 3.92x | $257.15 Million |
| CLPS INC. DL-0001 (1UK) | $67.80 Million | 6.57% | 0.50x | $22.08 Million |
| 21Vianet Group Inc (217A) | $5.23 Billion | -3.48% | 1.73x | $1.91 Billion |
| BIGBEAR.AI HOLD. DL-0001 (28K1) | $611.87 Million | -48.04% | 0.46x | $1.42 Billion |
| Wavestone SA (2WSA) | $104.11 Million | 19.26% | 2.20x | $1.15 Billion |
| audius SE (3ITN) | $2.20 Million | 0.23% | 3.05x | $55.11 Million |
| NANOSPHERE (3NS) | $744.08K | -186.51% | 2.14x | $803.47K |
| TIS Inc (4HO) | $199.20 Billion | 8.19% | 0.69x | $4.34 Billion |
| AVENSIA AB SK -15 (5IY) | $41.34 Million | 40.75% | 4.32x | $22.27 Million |
| Cybertrust Japan Co., Ltd. (5U2) | $5.63 Billion | 12.89% | 0.40x | $117.55 Million |
About 88E
Penguin Solutions, Inc. designs, builds, deploys and manages enterprise solutions worldwide. The company operates through three segments: Advanced Computing, Integrated Memory, and Optimized LED. It offers hardware, software, and services focusing on technical computing for core and cloud environments through high-performance computing and AI solutions under the Penguin Solutions, Penguin Computi… Read more