Adtran Networks SE
Adtran Networks SE engages in the development, manufacture, and sale of optical and Ethernet-based networking solutions for telecommunications carriers and enterprises to deliver data, storage, voice, and video services. The company offers open optical transport solutions, such as FSP 3000 open terminals, FSP 3000 open line systems, and pluggables and subsystems; network infrastructure assurance … Read more
Adtran Networks SE (ADV) - Net Assets
Latest net assets as of June 2025: €345.83 Million EUR
Based on the latest financial reports, Adtran Networks SE (ADV) has net assets worth €345.83 Million EUR as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€616.30 Million) and total liabilities (€270.47 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 | €345.83 Million |
| % of Total Assets | 56.11% |
| Annual Growth Rate | 8.15% |
| 5-Year Change | 47.47% |
| 10-Year Change | 79.77% |
| Growth Volatility | 9.29 |
Adtran Networks SE - Net Assets Trend (2013–2024)
This chart illustrates how Adtran Networks SE's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Adtran Networks SE (2013–2024)
The table below shows the annual net assets of Adtran Networks SE from 2013 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €388.17 Million | -1.90% |
| 2023-12-31 | €395.70 Million | +7.21% |
| 2022-12-31 | €369.08 Million | +8.58% |
| 2021-12-31 | €339.91 Million | +29.14% |
| 2020-12-31 | €263.22 Million | +2.90% |
| 2019-12-31 | €255.79 Million | +4.56% |
| 2018-12-31 | €244.64 Million | +7.76% |
| 2017-12-31 | €227.02 Million | -4.99% |
| 2016-12-31 | €238.95 Million | +10.66% |
| 2015-12-31 | €215.92 Million | +21.91% |
| 2014-12-31 | €177.11 Million | +8.03% |
| 2013-12-31 | €163.95 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Adtran Networks SE'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 grown by 17890300000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €392.99 Million | 101.24% |
| Total Equity | €388.17 Million | 100.00% |
Adtran Networks SE Competitors by Market Cap
The table below lists competitors of Adtran Networks SE ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Argus Shanghai Textile Chemicals Co Ltd
SHG:603790
|
$272.57 Million |
|
Zhejiang Meida Industrial Co Ltd
SHE:002677
|
$272.58 Million |
|
Médica Sur S.A.B. de C.V
MX:MEDICAB
|
$272.64 Million |
|
Dream Unlimited Corp
PINK:DRUNF
|
$272.77 Million |
|
Centurion Acquisition Corp. Unit
NASDAQ:ALFUU
|
$272.45 Million |
|
Sichuan Tianyi Comheart Telecom Co Ltd Class A
SHE:300504
|
$272.38 Million |
|
TLB Co. Ltd.
KQ:356860
|
$272.32 Million |
|
Enity
ST:ENITY
|
$272.13 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Adtran Networks SE's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 395,698,000 to 388,166,000, a change of -7,532,000 (-1.9%).
- Net loss of 62,701,000 reduced equity.
- Other factors increased equity by 55,169,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-62.70 Million | -16.15% |
| Other Changes | €55.17 Million | +14.21% |
| Total Change | €- | -1.90% |
Book Value vs Market Value Analysis
This analysis compares Adtran Networks SE'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: 3.00x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 4.91x to 3.00x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | €4.56 | €22.40 | x |
| 2018-12-31 | €4.90 | €22.40 | x |
| 2019-12-31 | €5.10 | €22.40 | x |
| 2020-12-31 | €5.21 | €22.40 | x |
| 2021-12-31 | €6.61 | €22.40 | x |
| 2022-12-31 | €7.10 | €22.40 | x |
| 2023-12-31 | €7.60 | €22.40 | x |
| 2024-12-31 | €7.46 | €22.40 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Adtran Networks SE 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): -16.15%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -14.31%
- • Asset Turnover: 0.65x
- • Equity Multiplier: 1.73x
- Recent ROE (-16.15%) is below the historical average (4.08%), 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 | 7.10% | 3.74% | 1.04x | 1.83x | €-4.76 Million |
| 2014 | 4.73% | 2.47% | 1.04x | 1.83x | €-9.34 Million |
| 2015 | 12.43% | 6.08% | 1.13x | 1.81x | €5.26 Million |
| 2016 | 9.01% | 3.80% | 1.21x | 1.96x | €-2.36 Million |
| 2017 | -1.86% | -0.82% | 1.11x | 2.04x | €-26.93 Million |
| 2018 | 3.96% | 1.93% | 1.03x | 1.99x | €-14.79 Million |
| 2019 | 2.75% | 1.27% | 1.04x | 2.10x | €-18.53 Million |
| 2020 | 7.72% | 3.60% | 1.13x | 1.90x | €-6.01 Million |
| 2021 | 17.42% | 9.82% | 1.00x | 1.77x | €25.23 Million |
| 2022 | 4.91% | 2.55% | 1.10x | 1.76x | €-18.78 Million |
| 2023 | -3.09% | -1.99% | 0.92x | 1.69x | €-51.80 Million |
| 2024 | -16.15% | -14.31% | 0.65x | 1.73x | €-101.52 Million |
Industry Comparison
This section compares Adtran Networks SE's net assets metrics with peer companies in the Communication Equipment industry.
Industry Context
- Industry: Communication Equipment
- Average net assets among peers: $294,114,280
- Average return on equity (ROE) among peers: -6.10%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Adtran Networks SE (ADV) | €345.83 Million | 7.10% | 0.78x | $272.52 Million |
| CeoTronics AG (CEK) | $15.71 Million | 15.95% | 0.83x | $110.37K |
| UET United Electronic Technology AG (CFC) | $3.61 Million | 0.51% | 12.45x | $2.87 Million |
| Chengdu PUTIAN Telecommunications Cable Company Limited (CUEH) | $965.08 Million | -5.19% | 0.17x | $20.94 Million |
| Addvalue Technologies Ltd (DDU) | $8.04 Million | 24.30% | 2.08x | $95.51 Million |
| Doro AB (publ) (DR8A) | $583.70 Million | 11.39% | 1.02x | $90.34 Million |
| EKINOPS S.A (E0J) | $15.82 Million | -18.07% | 0.53x | $36.13 Million |
| Funkwerk AG (FEW) | $21.80 Million | 18.46% | 1.55x | $52.20 Million |
| Invisio AB (publ) (ICQ) | $1.03 Billion | 29.78% | 0.38x | $1.29 Billion |
| Option NV (OINA) | $4.26 Million | -131.99% | 3.61x | $18.21K |