Criteo S.A (CI5A) - Net Assets
Based on the latest financial reports, Criteo S.A (CI5A) has net assets worth €1.17 Billion EUR (≈ $1.37 Billion USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€2.07 Billion ≈ $2.42 Billion USD) and total liabilities (€902.62 Million ≈ $1.06 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 CI5A intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €1.17 Billion |
| % of Total Assets | 56.44% |
| Annual Growth Rate | 7.67% |
| 5-Year Change | -1.05% |
| 10-Year Change | N/A |
| Growth Volatility | 14.98 |
Criteo S.A - Net Assets Trend (2016–2025)
This chart illustrates how Criteo S.A's net assets have evolved over time, based on quarterly financial data. See CI5A defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Criteo S.A (2016–2025)
The table below shows the annual net assets of Criteo S.A from 2016 to 2025. For live valuation and market cap data, see how much is Criteo S.A worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | €1.19 Billion ≈ $1.39 Billion |
+9.68% |
| 2024-12-31 | €1.08 Billion ≈ $1.26 Billion |
-2.73% |
| 2023-12-31 | €1.11 Billion ≈ $1.30 Billion |
+2.80% |
| 2022-12-31 | €1.08 Billion ≈ $1.26 Billion |
-9.78% |
| 2021-12-31 | €1.20 Billion ≈ $1.40 Billion |
+3.96% |
| 2020-12-31 | €1.15 Billion ≈ $1.35 Billion |
+11.05% |
| 2019-12-31 | €1.04 Billion ≈ $1.21 Billion |
+7.24% |
| 2018-12-31 | €967.89 Million ≈ $1.13 Billion |
+7.82% |
| 2017-12-31 | €897.70 Million ≈ $1.05 Billion |
+47.19% |
| 2016-12-31 | €609.88 Million ≈ $713.01 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Criteo S.A'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 218.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €630.75 Million | 54.89% |
| Other Components | €518.46 Million | 45.11% |
| Total Equity | €1.15 Billion | 100.00% |
Criteo S.A Competitors by Market Cap
The table below lists competitors of Criteo S.A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Energy Absolute Public Company Limited
BK:EA
|
$703.72 Million |
|
Metalla Royalty & Streaming Ltd
V:MTA
|
$703.72 Million |
|
Blackrock Multi Sector Income Closed Fund
NYSE:BIT
|
$704.15 Million |
|
Norva24 Group AB
ST:NORVA
|
$704.30 Million |
|
Hemnet Group AB
ST:HEM
|
$703.32 Million |
|
Yutong Heavy Industries Co Ltd
SHG:600817
|
$703.10 Million |
|
Xiamen Anne Corp Ltd
SHE:002235
|
$703.07 Million |
|
ALTERRA PWR
F:9ME
|
$702.90 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Criteo S.A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,049,189,000 to 1,149,210,000, a change of 100,021,000 (9.5%).
- Net income of 144,602,000 contributed positively to equity growth.
- Share repurchases of 152,064,000 reduced equity.
- New share issuances of 1,897,000 increased equity.
- Other factors increased equity by 105,586,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €144.60 Million | +12.58% |
| Share Repurchases | €152.06 Million | -13.23% |
| Share Issuances | €1.90 Million | +0.17% |
| Other Changes | €105.59 Million | +9.19% |
| Total Change | €- | 9.53% |
Book Value vs Market Value Analysis
This analysis compares Criteo S.A'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: 0.68x
- 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 decreased from 1.15x to 0.68x 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 | €13.34 | €15.30 | x |
| 2018-12-31 | €14.69 | €15.30 | x |
| 2019-12-31 | €16.17 | €15.30 | x |
| 2020-12-31 | €18.42 | €15.30 | x |
| 2021-12-31 | €19.17 | €15.30 | x |
| 2022-12-31 | €18.30 | €15.30 | x |
| 2023-12-31 | €19.36 | €15.30 | x |
| 2024-12-31 | €19.33 | €15.30 | x |
| 2025-12-31 | €22.47 | €15.30 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Criteo S.A 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): 12.58%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.43%
- • Asset Turnover: 0.88x
- • Equity Multiplier: 1.92x
- Recent ROE (12.58%) is above the historical average (8.94%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 13.71% | 4.57% | 1.49x | 2.02x | €22.26 Million |
| 2017 | 10.35% | 3.97% | 1.50x | 1.74x | €3.06 Million |
| 2018 | 9.39% | 3.85% | 1.44x | 1.69x | €-5.72 Million |
| 2019 | 9.01% | 4.01% | 1.26x | 1.78x | €-9.98 Million |
| 2020 | 6.42% | 3.46% | 1.12x | 1.66x | €-40.04 Million |
| 2021 | 11.56% | 5.96% | 1.14x | 1.71x | €18.14 Million |
| 2022 | 0.85% | 0.44% | 0.86x | 2.24x | €-95.85 Million |
| 2023 | 4.93% | 2.73% | 0.80x | 2.25x | €-54.70 Million |
| 2024 | 10.63% | 5.77% | 0.85x | 2.16x | €6.65 Million |
| 2025 | 12.58% | 7.43% | 0.88x | 1.92x | €29.68 Million |
Industry Comparison
This section compares Criteo S.A's net assets metrics with peer companies in the Advertising Agencies industry.
Industry Context
- Industry: Advertising Agencies
- Average net assets among peers: $986,989,360
- Average return on equity (ROE) among peers: 7.98%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Criteo S.A (CI5A) | €1.17 Billion | 13.71% | 0.77x | $703.42 Million |
| WPP PLC ADR (0WPA) | $3.73 Billion | 14.52% | 5.83x | $3.69 Billion |
| ADTIGER CORP.LTD.DL-0005 (55U) | $177.11 Million | 6.68% | 1.32x | $15.15 Million |
| JOY SPREADER GROUP INC. (5YN) | $2.32 Billion | 10.55% | 0.06x | $14.23 Million |
| MOBVISTA INC. DL-01 (6MO) | $248.04 Million | 6.05% | 1.43x | $2.40 Billion |
| ad pepper media International N.V (APM) | $20.84 Million | 17.58% | 1.34x | $65.05 Million |
| DCI O.N. (DCIK) | $5.13 Million | 6.77% | 0.07x | $10.78 Million |
| JCDECAUX SE ADR 1/2/O.N. (DCS0) | $2.32 Billion | 11.18% | 2.72x | $4.04 Billion |
| AS Ekspress Grupp (DYC) | $58.44 Million | 5.56% | 0.95x | $36.68 Million |
| Infas Holding AG (IFS) | $4.61 Million | -7.06% | 3.22x | $61.20 Million |
About Criteo S.A
Criteo S.A., a technology company, provides platform to connects the commerce ecosystem for brands, agencies, retailers, and media owners to drive measurable business outcomes in North and South America, Europe, the Middle East, Africa, and the Asia-Pacific. It operates in two segments, Retail Media and Performance Media. The Retail Media segment connects brands to shoppers at the digital point o… Read more