Beta Systems Software AG (BSS) - Net Assets
Based on the latest financial reports, Beta Systems Software AG (BSS) has net assets worth €21.64 Million EUR (≈ $25.30 Million USD) as of September 2023. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€63.80 Million ≈ $74.59 Million USD) and total liabilities (€42.16 Million ≈ $49.29 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 BSS financial resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €21.64 Million |
| % of Total Assets | 33.92% |
| Annual Growth Rate | -14.19% |
| 5-Year Change | -58.81% |
| 10-Year Change | N/A |
| Growth Volatility | 31.68 |
Beta Systems Software AG - Net Assets Trend (2017–2023)
This chart illustrates how Beta Systems Software AG's net assets have evolved over time, based on quarterly financial data. Also explore Beta Systems Software AG balance sheet assets for the complete picture of this company's asset base.
Annual Net Assets for Beta Systems Software AG (2017–2023)
The table below shows the annual net assets of Beta Systems Software AG from 2017 to 2023. For live valuation and market cap data, see BSS company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2023-09-30 | €21.64 Million ≈ $25.30 Million |
-72.12% |
| 2022-09-30 | €77.61 Million ≈ $90.74 Million |
+13.22% |
| 2021-09-30 | €68.56 Million ≈ $80.15 Million |
+10.71% |
| 2020-09-30 | €61.92 Million ≈ $72.40 Million |
+17.88% |
| 2019-09-30 | €52.53 Million ≈ $61.42 Million |
+13.14% |
| 2018-09-30 | €46.43 Million ≈ $54.28 Million |
-14.31% |
| 2017-09-30 | €54.19 Million ≈ $63.35 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Beta Systems Software 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 21.8% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (September 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €12.99 Million | 61.69% |
| Other Components | €8.07 Million | 38.31% |
| Total Equity | €21.06 Million | 100.00% |
Beta Systems Software AG Competitors by Market Cap
The table below lists competitors of Beta Systems Software AG ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Chyang Sheng Dyeing & Finishing Co Ltd
TW:1463
|
$102.17 Million |
|
Taiwan IC Packaging
TWO:3372
|
$102.19 Million |
|
Right Way Industrial Co Ltd
TW:1506
|
$102.21 Million |
|
Netbay Public Company Limited
BK:NETBAY
|
$102.23 Million |
|
Kalaris Therapeutics, Inc.
NASDAQ:KLRS
|
$102.12 Million |
|
Rama Steel Tubes Limited
NSE:RAMASTEEL
|
$102.09 Million |
|
Powerwell Holdings Bhd
KLSE:0217
|
$102.03 Million |
|
Star Holdings
NASDAQ:STHO
|
$102.03 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Beta Systems Software AG's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 77,082,000 to 21,060,000, a change of -56,022,000 (-72.7%).
- Net income of 7,107,000 contributed positively to equity growth.
- Share repurchases of 2,366,000 reduced equity.
- Other factors decreased equity by 60,763,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €7.11 Million | +33.75% |
| Share Repurchases | €2.37 Million | -11.23% |
| Other Changes | €-60.76 Million | -288.52% |
| Total Change | €- | -72.68% |
Book Value vs Market Value Analysis
This analysis compares Beta Systems Software 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: 4.85x
- 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 increased from 2.16x to 4.85x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-09-30 | €10.27 | €22.20 | x |
| 2018-09-30 | €9.71 | €22.20 | x |
| 2019-09-30 | €10.95 | €22.20 | x |
| 2020-09-30 | €12.89 | €22.20 | x |
| 2021-09-30 | €14.45 | €22.20 | x |
| 2022-09-30 | €16.76 | €22.20 | x |
| 2023-09-30 | €4.58 | €22.20 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Beta Systems Software 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): 33.75%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 9.32%
- • Asset Turnover: 1.20x
- • Equity Multiplier: 3.03x
- Recent ROE (33.75%) is above the historical average (16.02%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 14.73% | 16.03% | 0.69x | 1.34x | €2.56 Million |
| 2018 | 8.56% | 8.65% | 0.68x | 1.45x | €-670.20K |
| 2019 | 11.49% | 11.30% | 0.61x | 1.66x | €783.20K |
| 2020 | 14.91% | 12.73% | 0.68x | 1.72x | €3.02 Million |
| 2021 | 11.95% | 11.15% | 0.65x | 1.64x | €1.33 Million |
| 2022 | 16.77% | 14.98% | 0.71x | 1.57x | €5.22 Million |
| 2023 | 33.75% | 9.32% | 1.20x | 3.03x | €5.00 Million |
Industry Comparison
This section compares Beta Systems Software AG's net assets metrics with peer companies in the Software - Application industry.
Industry Context
- Industry: Software - Application
- Average net assets among peers: $290,100,661
- Average return on equity (ROE) among peers: -57.15%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Beta Systems Software AG (BSS) | €21.64 Million | 14.73% | 1.95x | $102.12 Million |
| Materialise NV (06MA) | $248.49 Million | 5.41% | 0.59x | $301.24 Million |
| Patriot One Technologies Inc (0PL) | $33.53 Million | -35.74% | 0.02x | $81.70 Million |
| AXWAY SOFTWARE EO 2 (1XV) | $553.48 Million | 7.36% | 1.19x | $965.69 Million |
| Spyrosoft Spólka Akcyjna (2NP) | $108.85 Million | 18.11% | 0.82x | $111.02 Million |
| WEIMOB INC. DL-0001 (36W) | $1.81 Billion | -95.35% | 2.84x | $704.54 Million |
| INSURAGUEST TECHN. INC. (4JG) | $197.88K | -333.23% | 2.29x | $99.69K |
| Envirosuite Limited (57P) | $13.14 Million | 10.71% | 0.70x | $67.90 Million |
| COINSILIUM GROUP LTD (5CT) | $3.54 Million | -18.66% | 0.03x | $6.94 Million |
| BIG TECHNOLOGIES LS-10 (7I8) | $121.44 Million | 13.33% | 0.07x | $318.53 Million |
| ETHERNITY NETW.(DI) -001 (82N) | $5.58 Million | -143.45% | 1.20x | $100.00K |
About Beta Systems Software AG
Beta Systems Software AG, together with its subsidiaries, develops software products and solutions in Germany and internationally. It operates through DACH; Western Europe; Other Europe; North America; and Investments segments. The company offers workload automation, output management, log management, identity access management, mainframe utilities, and IT operations management software products.… Read more