BRENNTAG SE UNSP.ADR/020 (BNRA) - Net Assets
Based on the latest financial reports, BRENNTAG SE UNSP.ADR/020 (BNRA) has net assets worth €4.35 Billion EUR (≈ $5.08 Billion USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€10.63 Billion ≈ $12.42 Billion USD) and total liabilities (€6.28 Billion ≈ $7.34 Billion 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 tangible net worth ratio of BRENNTAG SE UNSP.ADR/020 to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €4.35 Billion |
| % of Total Assets | 40.92% |
| Annual Growth Rate | 2.14% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 12.48 |
BRENNTAG SE UNSP.ADR/020 - Net Assets Trend (2021–2025)
This chart illustrates how BRENNTAG SE UNSP.ADR/020's net assets have evolved over time, based on quarterly financial data. See BNRA cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for BRENNTAG SE UNSP.ADR/020 (2021–2025)
The table below shows the annual net assets of BRENNTAG SE UNSP.ADR/020 from 2021 to 2025. For live valuation and market cap data, see BNRA market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | €4.35 Billion ≈ $5.08 Billion |
-8.68% |
| 2024-12-31 | €4.76 Billion ≈ $5.57 Billion |
+9.30% |
| 2023-12-31 | €4.36 Billion ≈ $5.09 Billion |
-9.29% |
| 2022-12-31 | €4.80 Billion ≈ $5.61 Billion |
+20.21% |
| 2021-12-31 | €4.00 Billion ≈ $4.67 Billion |
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Equity Component Analysis
This analysis shows how different components contribute to BRENNTAG SE UNSP.ADR/020'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 59.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €3.65 Billion | 84.49% |
| Other Components | €669.10 Million | 15.51% |
| Total Equity | €4.31 Billion | 100.00% |
BRENNTAG SE UNSP.ADR/020 Competitors by Market Cap
The table below lists competitors of BRENNTAG SE UNSP.ADR/020 ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
EVONIK INDUST.(U.ARD)2
F:EVKA
|
$8.02 Billion |
|
Rexford Industrial Realty Inc
NYSE:REXR
|
$8.02 Billion |
|
NEMETSCHEK UNSP.ADR/02
F:NEM0
|
$8.03 Billion |
|
Dixon Technologies (India) Limited
NSE:DIXON
|
$8.03 Billion |
|
Beijing Jingneng Power Co Ltd
SHG:600578
|
$7.99 Billion |
|
SailPoint, Inc. Common Stock
NASDAQ:SAIL
|
$7.99 Billion |
|
Evonik Industries AG
F:EVK
|
$7.99 Billion |
|
Figma, Inc.
NYSE:FIG
|
$7.99 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in BRENNTAG SE UNSP.ADR/020's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 4,726,700,000 to 4,314,100,000, a change of -412,600,000 (-8.7%).
- Net income of 264,600,000 contributed positively to equity growth.
- Dividend payments of 303,200,000 reduced retained earnings.
- Other factors decreased equity by 374,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €264.60 Million | +6.13% |
| Dividends Paid | €303.20 Million | -7.03% |
| Other Changes | €-374.00 Million | -8.67% |
| Total Change | €- | -8.73% |
Book Value vs Market Value Analysis
This analysis compares BRENNTAG SE UNSP.ADR/020'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: 0.39x
- 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 |
|---|---|---|---|
| 2021-12-31 | €25.33 | €11.60 | x |
| 2022-12-31 | €30.76 | €11.60 | x |
| 2023-12-31 | €29.19 | €11.60 | x |
| 2024-12-31 | €32.74 | €11.60 | x |
| 2025-12-31 | €29.88 | €11.60 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently BRENNTAG SE UNSP.ADR/020 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): 6.13%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.74%
- • Asset Turnover: 1.43x
- • Equity Multiplier: 2.46x
- Recent ROE (6.13%) is below the historical average (12.84%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 11.45% | 3.12% | 1.41x | 2.60x | €56.88 Million |
| 2022 | 18.66% | 4.56% | 1.71x | 2.39x | €411.55 Million |
| 2023 | 16.61% | 4.25% | 1.63x | 2.40x | €284.43 Million |
| 2024 | 11.34% | 3.30% | 1.39x | 2.47x | €63.53 Million |
| 2025 | 6.13% | 1.74% | 1.43x | 2.46x | €-166.81 Million |
Industry Comparison
This section compares BRENNTAG SE UNSP.ADR/020's net assets metrics with peer companies in the Specialty Chemicals industry.
Industry Context
- Industry: Specialty Chemicals
- Average net assets among peers: $787,406,217
- Average return on equity (ROE) among peers: -443.77%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| BRENNTAG SE UNSP.ADR/020 (BNRA) | €4.35 Billion | 11.45% | 1.44x | $8.01 Billion |
| LIFELINE SPAC I OYJ A EO1 (0CD) | $3.93 Million | 0.00% | 25.02x | $261.36 Million |
| GRAPHENE MANUFACT.GROUP (0GF) | $8.69 Million | -107.23% | 0.84x | $185.36 Million |
| Orion Engineered Carbons SA (0OE) | $-74.25 Million | 0.00% | 0.00x | $327.05 Million |
| COVESTRO AG SP.ADR 1/2 (1CO1) | $7.02 Billion | -9.18% | 0.92x | $11.11 Billion |
| H&R GmbH & Co. KGaA (2HRA) | $357.37 Million | 6.04% | 1.04x | $183.88 Million |
| LOOP INDUSTRIES DL-001 (3L9) | $367.00K | -4102.72% | 49.62x | $38.43 Million |
| Dotz Nano Ltd (57N) | $3.79 Million | -160.22% | 0.25x | $4.51 Million |
| TIDEWATER RENEWABLES LTD (7GZ) | $515.60 Million | 0.00% | 0.42x | $233.52 Million |
| DIRECTA PLUS PLC LS-0025 (88K) | $16.03 Million | -22.78% | 0.36x | $2.35 Million |
| TEKNA HOLDING ASA NK 2 (8VB) | $26.54 Million | -41.59% | 1.75x | $67.10 Million |
About BRENNTAG SE UNSP.ADR/020
Brenntag SE distributes chemicals and ingredients in Germany, the United States, the United Kingdom, China, Canada, Italy, Poland, France, and internationally. The company operates in two segments, Brenntag Essentials and Brenntag Specialties. It provides just-in-time delivery, product mixing, blending, repackaging, inventory management, and drum return handling, as well as application, marketing… Read more