Funkwerk AG (FEW) - Net Assets
Based on the latest financial reports, Funkwerk AG (FEW) has net assets worth €106.14 Million EUR (≈ $124.09 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 (€176.39 Million ≈ $206.21 Million USD) and total liabilities (€70.25 Million ≈ $82.12 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 Funkwerk AG liquidity resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €106.14 Million |
| % of Total Assets | 60.17% |
| Annual Growth Rate | 22.17% |
| 5-Year Change | 138.24% |
| 10-Year Change | 765.45% |
| Growth Volatility | 21.46 |
Funkwerk AG - Net Assets Trend (2013–2023)
This chart illustrates how Funkwerk AG's net assets have evolved over time, based on quarterly financial data. Also explore Funkwerk AG (FEW) total assets for the complete picture of this company's asset base.
Annual Net Assets for Funkwerk AG (2013–2023)
The table below shows the annual net assets of Funkwerk AG from 2013 to 2023. For live valuation and market cap data, see FEW company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | €89.12 Million ≈ $104.20 Million |
+9.51% |
| 2022-12-31 | €81.39 Million ≈ $95.15 Million |
+16.42% |
| 2021-12-31 | €69.91 Million ≈ $81.73 Million |
+44.00% |
| 2020-12-31 | €48.55 Million ≈ $56.76 Million |
+29.78% |
| 2019-12-31 | €37.41 Million ≈ $43.74 Million |
+18.32% |
| 2018-12-31 | €31.62 Million ≈ $36.96 Million |
+20.69% |
| 2017-12-31 | €26.20 Million ≈ $30.63 Million |
+20.14% |
| 2016-12-31 | €21.80 Million ≈ $25.49 Million |
+22.63% |
| 2015-12-31 | €17.78 Million ≈ $20.79 Million |
+72.65% |
| 2014-12-31 | €10.30 Million ≈ $12.04 Million |
-14.43% |
| 2013-12-31 | €12.03 Million ≈ $14.07 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Funkwerk 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 grown by 12636300000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €70.85 Million | 81.73% |
| Other Components | €15.84 Million | 18.27% |
| Total Equity | €86.69 Million | 100.00% |
Funkwerk AG Competitors by Market Cap
The table below lists competitors of Funkwerk AG ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Outbrain Inc
NASDAQ:OB
|
$249.88 Million |
|
PAN Group JSC
VN:PAN
|
$250.01 Million |
|
LanzaTech Global Inc.
NASDAQ:LNZA
|
$250.01 Million |
|
Kec Corporation
KO:092220
|
$250.07 Million |
|
Hwacom Systems
TWO:6163
|
$249.68 Million |
|
K-Fast Holding AB (publ)
ST:KFAST-B
|
$249.65 Million |
|
Skel fjárfestingafélag hf.
IC:SKEL
|
$249.63 Million |
|
KGI Securities (Thailand) Public Company Limited
BK:KGI
|
$249.57 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Funkwerk AG's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 81,385,000 to 86,689,000, a change of 5,304,000 (6.5%).
- Net income of 17,313,000 contributed positively to equity growth.
- Dividend payments of 12,090,000 reduced retained earnings.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €17.31 Million | +19.97% |
| Dividends Paid | €12.09 Million | -13.95% |
| Other Changes | €81.00K | +0.09% |
| Total Change | €- | 6.52% |
Book Value vs Market Value Analysis
This analysis compares Funkwerk 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: 2.70x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 8.92x to 2.70x 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 | €3.25 | €29.00 | x |
| 2018-12-31 | €3.92 | €29.00 | x |
| 2019-12-31 | €4.64 | €29.00 | x |
| 2020-12-31 | €6.02 | €29.00 | x |
| 2021-12-31 | €8.67 | €29.00 | x |
| 2022-12-31 | €10.10 | €29.00 | x |
| 2023-12-31 | €10.76 | €29.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Funkwerk 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): 19.97%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 11.08%
- • Asset Turnover: 1.01x
- • Equity Multiplier: 1.78x
- Recent ROE (19.97%) is above the historical average (15.61%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | -39.36% | -4.10% | 1.68x | 5.72x | €-5.94 Million |
| 2014 | -17.64% | -1.93% | 1.67x | 5.48x | €-2.85 Million |
| 2015 | 42.08% | 7.87% | 1.88x | 2.84x | €5.70 Million |
| 2016 | 18.46% | 5.20% | 1.39x | 2.55x | €1.84 Million |
| 2017 | 16.77% | 5.66% | 1.29x | 2.30x | €1.77 Million |
| 2018 | 23.52% | 8.99% | 1.22x | 2.14x | €4.27 Million |
| 2019 | 21.95% | 8.66% | 1.04x | 2.45x | €4.47 Million |
| 2020 | 27.92% | 13.73% | 1.02x | 2.00x | €8.70 Million |
| 2021 | 34.01% | 19.41% | 1.02x | 1.71x | €16.79 Million |
| 2022 | 24.00% | 14.26% | 0.95x | 1.77x | €11.40 Million |
| 2023 | 19.97% | 11.08% | 1.01x | 1.78x | €8.64 Million |
Industry Comparison
This section compares Funkwerk AG's net assets metrics with peer companies in the Communication Equipment industry.
Industry Context
- Industry: Communication Equipment
- Average net assets among peers: $24,885,401,246
- Average return on equity (ROE) among peers: 4.81%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Funkwerk AG (FEW) | €106.14 Million | -39.36% | 0.66x | $249.85 Million |
| YANGTZE OPT.FIB.AND CAB.H (1YO) | $14.54 Billion | 8.03% | 0.94x | $10.94 Billion |
| NOVRA TECHNOLOGIES INC. (7CV) | $-2.62 Million | 0.00% | 0.00x | $2.19 Million |
| AAC TECHNOLOG.HLDG.ADR/ (A2X) | $23.12 Billion | 7.77% | 1.02x | $4.53 Billion |
| AAC Technologies Holdings Inc (A2XN) | $17.55 Billion | 30.34% | 0.75x | $4.56 Billion |
| Adtran Networks SE (ADV) | $244.64 Million | 3.96% | 0.99x | $1.18 Billion |
| CeoTronics AG (CEK) | $14.26 Million | 14.72% | 0.68x | $90.01 Million |
| UET United Electronic Technology AG (CFC) | $0.00 | 0.00% | 0.00x | $10.06 Million |
| Telefonaktiebolaget LM Ericsson (publ) (ERCA) | $100.18 Billion | -35.14% | 1.60x | $32.28 Billion |
| ZTE Corporation (FZM) | $68.33 Billion | 13.65% | 1.94x | $2.30 Billion |
About Funkwerk AG
Funkwerk AG develops and sells communication, information, and security systems internationally. The company offers train radio systems, including cab radio systems, ETCS data radio, data radio, handhelds, analogue radio, datasheets, TETRA train radio systems, and test equipment; focX2 GSM-R Mobile Phone; FRMCS; voice radio and data transmission; passenger information systems, such as FIA, CURA, … Read more