bet-at-home.com AG (ACX) - Net Assets
Based on the latest financial reports, bet-at-home.com AG (ACX) has net assets worth €24.80 Million EUR (≈ $28.99 Million USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€52.41 Million ≈ $61.27 Million USD) and total liabilities (€27.61 Million ≈ $32.28 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 ACX strategic asset allocation to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €24.80 Million |
| % of Total Assets | 47.31% |
| Annual Growth Rate | -5.84% |
| 5-Year Change | -54.82% |
| 10-Year Change | -75.54% |
| Growth Volatility | 39.19 |
bet-at-home.com AG - Net Assets Trend (2013–2024)
This chart illustrates how bet-at-home.com AG's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see bet-at-home.com AG market capitalisation.
Annual Net Assets for bet-at-home.com AG (2013–2024)
The table below shows the annual net assets of bet-at-home.com AG from 2013 to 2024. Also explore bet-at-home.com AG net asset momentum to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €22.99 Million ≈ $26.88 Million |
-16.22% |
| 2023-12-31 | €27.44 Million ≈ $32.08 Million |
-5.20% |
| 2022-12-31 | €28.95 Million ≈ $33.84 Million |
+69.87% |
| 2021-12-31 | €17.04 Million ≈ $19.92 Million |
-66.51% |
| 2020-12-31 | €50.89 Million ≈ $59.50 Million |
+22.24% |
| 2019-12-31 | €41.63 Million ≈ $48.68 Million |
-39.91% |
| 2018-12-31 | €69.29 Million ≈ $81.00 Million |
-22.42% |
| 2017-12-31 | €89.31 Million ≈ $104.41 Million |
-18.49% |
| 2016-12-31 | €109.57 Million ≈ $128.10 Million |
+16.57% |
| 2015-12-31 | €94.00 Million ≈ $109.89 Million |
+39.36% |
| 2014-12-31 | €67.45 Million ≈ $78.86 Million |
+51.27% |
| 2013-12-31 | €44.59 Million ≈ $52.13 Million |
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Equity Component Analysis
This analysis shows how different components contribute to bet-at-home.com 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 71.5% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €8.61 Million | 37.44% |
| Other Components | €14.38 Million | 62.56% |
| Total Equity | €22.99 Million | 100.00% |
bet-at-home.com AG Competitors by Market Cap
The table below lists competitors of bet-at-home.com AG ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Quartz Mountain Resources Ltd
V:QZM
|
$21.41 Million |
|
1414 Degrees Ltd
AU:14D
|
$21.41 Million |
|
Z-Com Inc
TWO:8176
|
$21.44 Million |
|
Boat Rocker Media Inc
TO:BRMI
|
$21.45 Million |
|
Blossom M&C Co. Ltd
KQ:263920
|
$21.40 Million |
|
Welcron Company Limited
KQ:065950
|
$21.38 Million |
|
Allied Industrial Ltd
TWO:4702
|
$21.38 Million |
|
Wescoal Holdings Ltd
JSE:SLG
|
$21.37 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in bet-at-home.com AG's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 27,444,000 to 22,992,000, a change of -4,452,000 (-16.2%).
- Net loss of 4,452,000 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-4.45 Million | -19.36% |
| Total Change | €- | -16.22% |
Book Value vs Market Value Analysis
This analysis compares bet-at-home.com 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: 0.94x
- 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.
- The price-to-book ratio has increased from 0.24x to 0.94x 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 | €12.73 | €3.09 | x |
| 2018-12-31 | €9.87 | €3.09 | x |
| 2019-12-31 | €5.93 | €3.09 | x |
| 2020-12-31 | €7.25 | €3.09 | x |
| 2021-12-31 | €2.43 | €3.09 | x |
| 2022-12-31 | €4.12 | €3.09 | x |
| 2023-12-31 | €3.91 | €3.09 | x |
| 2024-12-31 | €3.28 | €3.09 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently bet-at-home.com 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): -19.36%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -10.70%
- • Asset Turnover: 0.79x
- • Equity Multiplier: 2.29x
- Recent ROE (-19.36%) is below the historical average (18.74%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 32.53% | 16.94% | 1.24x | 1.55x | €10.05 Million |
| 2014 | 38.02% | 23.96% | 1.13x | 1.40x | €18.90 Million |
| 2015 | 32.63% | 26.71% | 0.91x | 1.35x | €21.27 Million |
| 2016 | 28.30% | 27.46% | 0.78x | 1.33x | €20.05 Million |
| 2017 | 36.78% | 27.89% | 0.94x | 1.40x | €23.92 Million |
| 2018 | 47.07% | 28.33% | 1.11x | 1.49x | €25.68 Million |
| 2019 | 43.15% | 15.29% | 1.23x | 2.29x | €13.80 Million |
| 2020 | 45.77% | 23.16% | 1.06x | 1.87x | €18.20 Million |
| 2021 | -95.68% | -34.28% | 0.63x | 4.45x | €-18.01 Million |
| 2022 | 41.13% | 28.33% | 0.67x | 2.16x | €9.01 Million |
| 2023 | -5.48% | -4.17% | 0.64x | 2.07x | €-4.25 Million |
| 2024 | -19.36% | -10.70% | 0.79x | 2.29x | €-6.75 Million |
Industry Comparison
This section compares bet-at-home.com AG's net assets metrics with peer companies in the Gambling industry.
Industry Context
- Industry: Gambling
- Average net assets among peers: $15,603,012,163
- Average return on equity (ROE) among peers: 18.97%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| bet-at-home.com AG (ACX) | €24.80 Million | 32.53% | 1.11x | $21.40 Million |
| ANGLER GAMING PLC EO -01 (0QM) | $12.49 Million | 14.59% | 0.33x | $20.25 Million |
| B90 HOLDINGS PLC (24GN) | $6.62 Million | -25.72% | 0.23x | $3.53 Million |
| DYNAM JAPAN HOLDINGS Co. Ltd (2DJ) | $132.62 Billion | 7.95% | 0.43x | $260.37 Million |
| ENTAIN PLC UNSP.ADR/1 (6GI0) | $3.32 Billion | 0.73% | 1.64x | $4.42 Billion |
| FUTURE GAMING GRP INTL AB (6L50) | $10.41 Million | 97.15% | 1.10x | $18.28 Million |
| GAMBLING.COM GRP ON (6WH) | $118.92 Million | 15.35% | 0.30x | $55.46 Million |
| Kambi Group Plc (7KB) | $172.15 Million | 8.66% | 0.25x | $345.83 Million |
| 888 Holdings plc (C8V) | $164.70 Million | 25.26% | 1.63x | $245.77 Million |
| Evolution Gaming Group AB (publ) (E3G) | $4.01 Billion | 26.73% | 0.24x | $13.86 Billion |
About bet-at-home.com AG
bet-at-home.com AG, through its subsidiaries, provides online sports betting and online casino services in Germany, Austria, Eastern Europe, and rest of Western Europe. The company offers pre-match and live betting; and holds online sports betting and gaming licenses for casino, games, and virtual sports. bet-at-home.com AG was founded in 1999 and is based in Düsseldorf, Germany.