AdCapital AG (ADC) - Net Assets
Based on the latest financial reports, AdCapital AG (ADC) has net assets worth €35.64 Million EUR (≈ $41.67 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 (€102.77 Million ≈ $120.15 Million USD) and total liabilities (€67.13 Million ≈ $78.49 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 AdCapital AG strategic asset allocation index to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €35.64 Million |
| % of Total Assets | 34.68% |
| Annual Growth Rate | -6.18% |
| 5-Year Change | -30.39% |
| 10-Year Change | -45.46% |
| Growth Volatility | 5.75 |
AdCapital AG - Net Assets Trend (2013–2024)
This chart illustrates how AdCapital AG's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see ADC market cap.
Annual Net Assets for AdCapital AG (2013–2024)
The table below shows the annual net assets of AdCapital AG from 2013 to 2024. Also explore AdCapital AG net asset momentum to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €41.00 Million ≈ $47.94 Million |
-14.37% |
| 2023-12-31 | €47.88 Million ≈ $55.98 Million |
-4.88% |
| 2022-12-31 | €50.34 Million ≈ $58.85 Million |
-17.95% |
| 2021-12-31 | €61.35 Million ≈ $71.73 Million |
+4.16% |
| 2020-12-31 | €58.90 Million ≈ $68.86 Million |
-4.67% |
| 2019-12-31 | €61.79 Million ≈ $72.24 Million |
-4.28% |
| 2018-12-31 | €64.55 Million ≈ $75.46 Million |
-3.95% |
| 2017-12-31 | €67.20 Million ≈ $78.57 Million |
-1.39% |
| 2016-12-31 | €68.15 Million ≈ $79.67 Million |
-9.36% |
| 2015-12-31 | €75.18 Million ≈ $87.90 Million |
-5.28% |
| 2014-12-31 | €79.38 Million ≈ $92.80 Million |
-4.04% |
| 2013-12-31 | €82.72 Million ≈ $96.71 Million |
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Equity Component Analysis
This analysis shows how different components contribute to AdCapital 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 47.6% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €17.76 Million | 49.31% |
| Other Components | €18.26 Million | 50.69% |
| Total Equity | €36.03 Million | 100.00% |
AdCapital AG Competitors by Market Cap
The table below lists competitors of AdCapital AG ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Unicorn Mineral Resources PLC
LSE:UMR
|
$41.01K |
|
Ukrproduct Group
LSE:UKR
|
$41.03K |
|
Verici Dx Plc
LSE:VRCI
|
$41.43K |
|
London & Associated Properties
LSE:LAS
|
$41.53K |
|
Premier African Minerals Ltd
LSE:PREM
|
$40.36K |
|
Gfinity PLC
LSE:GFIN
|
$40.09K |
|
Argentex Group PLC
LSE:AGFX
|
$39.86K |
|
ADVFN Plc
LSE:AFN
|
$39.42K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in AdCapital AG's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 42,270,000 to 36,027,000, a change of -6,243,000 (-14.8%).
- Net loss of 5,052,000 reduced equity.
- Other factors decreased equity by 1,191,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-5.05 Million | -14.02% |
| Other Changes | €-1.19 Million | -3.31% |
| Total Change | €- | -14.77% |
Book Value vs Market Value Analysis
This analysis compares AdCapital 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: 0.00x
- 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 | €4.28 | €0.00 | x |
| 2018-12-31 | €4.15 | €0.00 | x |
| 2019-12-31 | €3.95 | €0.00 | x |
| 2020-12-31 | €3.79 | €0.00 | x |
| 2021-12-31 | €4.04 | €0.00 | x |
| 2022-12-31 | €3.23 | €0.00 | x |
| 2023-12-31 | €3.03 | €0.00 | x |
| 2024-12-31 | €2.58 | €0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently AdCapital 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): -14.02%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -3.18%
- • Asset Turnover: 1.54x
- • Equity Multiplier: 2.87x
- Recent ROE (-14.02%) is below the historical average (-4.56%), 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 | -0.18% | -0.11% | 1.17x | 1.39x | €-8.12 Million |
| 2014 | 3.47% | 2.05% | 1.25x | 1.35x | €-4.96 Million |
| 2015 | 0.75% | 0.39% | 1.35x | 1.42x | €-6.53 Million |
| 2016 | -5.51% | -2.41% | 1.41x | 1.62x | €-9.68 Million |
| 2017 | 1.96% | 0.74% | 1.48x | 1.80x | €-4.81 Million |
| 2018 | -2.37% | -0.88% | 1.56x | 1.72x | €-7.19 Million |
| 2019 | -5.56% | -2.06% | 1.58x | 1.71x | €-8.61 Million |
| 2020 | -4.64% | -1.67% | 1.55x | 1.80x | €-7.76 Million |
| 2021 | 3.14% | 1.04% | 1.52x | 1.98x | €-3.86 Million |
| 2022 | -25.94% | -7.52% | 1.37x | 2.52x | €-16.19 Million |
| 2023 | -5.85% | -1.50% | 1.47x | 2.65x | €-6.70 Million |
| 2024 | -14.02% | -3.18% | 1.54x | 2.87x | €-8.65 Million |
Industry Comparison
This section compares AdCapital AG's net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $21,819,612,407
- Average return on equity (ROE) among peers: -13.47%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| AdCapital AG (ADC) | €35.64 Million | -0.18% | 1.88x | $40.75K |
| China Cinda Asset Management Co., Ltd. (0CI) | $217.16 Billion | 2.68% | 6.34x | $1.46 Billion |
| Quinsam Capital Corporation (0Q4) | $14.57 Million | -106.45% | 0.02x | $2.01 Million |
| tokentus investment AG (14D) | $2.19 Million | -21.54% | 0.09x | $6.55 Million |
| TEAM PLC (1WQ) | $8.66 Million | -17.60% | 0.49x | $18.21 Million |
| CARLSON INV. ZY 13 (2HB) | $15.93 Million | -9.09% | 0.28x | $4.61 Million |
| JTC PLC LS-01 (2N9) | $533.94 Million | -1.36% | 0.91x | $2.65 Billion |
| Rostra AG (3330) | $0.00 | 0.00% | 0.00x | $8.82 Million |
| HELIOS FAIRFAX PARTNERS (3UD) | $415.94 Million | -14.13% | 0.05x | $105.95 Million |
| ALEXANDRIA PANKKIIRILIIKE (3ZL) | $34.31 Million | 23.48% | 0.31x | $157.84 Million |
| HAMILTON GLB.OPP.LS-0001 (5DS) | $14.39 Million | 9.30% | 0.04x | $24.13 Million |
About AdCapital AG
AdCapital AG, an industrial holding company, invests in electrical engineering, metal and plastics processing, machine and tool construction, and automotive sectors in Germany and internationally. The company was founded in 1979 and is headquartered in Waldbronn, Germany.