freenet AG (FNTN) - Net Assets
Based on the latest financial reports, freenet AG (FNTN) has net assets worth €1.53 Billion EUR (≈ $1.79 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 (€3.68 Billion ≈ $4.30 Billion USD) and total liabilities (€2.14 Billion ≈ $2.51 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 freenet AG (FNTN) asset resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €1.53 Billion |
| % of Total Assets | 41.69% |
| Annual Growth Rate | 1.78% |
| 5-Year Change | -6.5% |
| 10-Year Change | 9.28% |
| Growth Volatility | 12.38 |
freenet AG - Net Assets Trend (2013–2025)
This chart illustrates how freenet AG's net assets have evolved over time, based on quarterly financial data. Also explore total assets of freenet AG for the complete picture of this company's asset base.
Annual Net Assets for freenet AG (2013–2025)
The table below shows the annual net assets of freenet AG from 2013 to 2025. For live valuation and market cap data, see freenet AG market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | €1.53 Billion ≈ $1.79 Billion |
+3.25% |
| 2024-12-31 | €1.48 Billion ≈ $1.74 Billion |
+3.30% |
| 2023-12-31 | €1.44 Billion ≈ $1.68 Billion |
-2.21% |
| 2022-12-31 | €1.47 Billion ≈ $1.72 Billion |
-10.35% |
| 2021-12-31 | €1.64 Billion ≈ $1.92 Billion |
-10.00% |
| 2020-12-31 | €1.82 Billion ≈ $2.13 Billion |
+37.79% |
| 2019-12-31 | €1.32 Billion ≈ $1.55 Billion |
+3.19% |
| 2018-12-31 | €1.28 Billion ≈ $1.50 Billion |
-12.45% |
| 2017-12-31 | €1.46 Billion ≈ $1.71 Billion |
+4.32% |
| 2016-12-31 | €1.40 Billion ≈ $1.64 Billion |
+1.68% |
| 2015-12-31 | €1.38 Billion ≈ $1.61 Billion |
+6.60% |
| 2014-12-31 | €1.29 Billion ≈ $1.51 Billion |
+4.36% |
| 2013-12-31 | €1.24 Billion ≈ $1.45 Billion |
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Equity Component Analysis
This analysis shows how different components contribute to freenet 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 116.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €831.70 Million | 54.30% |
| Other Components | €700.10 Million | 45.70% |
| Total Equity | €1.53 Billion | 100.00% |
freenet AG Competitors by Market Cap
The table below lists competitors of freenet AG ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shenzhen Senior Technology Material Co Ltd
SHE:300568
|
$3.24 Billion |
|
EXOSENS PROM
PA:EXENS
|
$3.24 Billion |
|
Fujian Kuncai Material Tech
SHG:603826
|
$3.24 Billion |
|
Nien Made Enterprise Co Ltd
TW:8464
|
$3.24 Billion |
|
FS KKR Capital Corp
NYSE:FSK
|
$3.23 Billion |
|
Guizhou Chanhen Chemical Corp
SHE:002895
|
$3.23 Billion |
|
JUMBO SA UNSP.ADR/1 O.N.
F:5JB1
|
$3.23 Billion |
|
Anand Rathi Wealth Limited
NSE:ANANDRATHI
|
$3.23 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in freenet AG's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,489,200,000 to 1,531,800,000, a change of 42,600,000 (2.9%).
- Net income of 271,300,000 contributed positively to equity growth.
- Dividend payments of 234,100,000 reduced retained earnings.
- Share repurchases of 60,000,000 reduced equity.
- Other factors increased equity by 65,400,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €271.30 Million | +17.71% |
| Dividends Paid | €234.10 Million | -15.28% |
| Share Repurchases | €60.00 Million | -3.92% |
| Other Changes | €65.40 Million | +4.27% |
| Total Change | €- | 2.86% |
Book Value vs Market Value Analysis
This analysis compares freenet 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: 2.08x
- 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 2.44x to 2.08x 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 | €11.18 | €27.26 | x |
| 2018-12-31 | €9.84 | €27.26 | x |
| 2019-12-31 | €10.25 | €27.26 | x |
| 2020-12-31 | €14.55 | €27.26 | x |
| 2021-12-31 | €13.74 | €27.26 | x |
| 2022-12-31 | €12.40 | €27.26 | x |
| 2023-12-31 | €12.12 | €27.26 | x |
| 2024-12-31 | €12.52 | €27.26 | x |
| 2025-12-31 | €13.12 | €27.26 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently freenet 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): 17.71%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 11.12%
- • Asset Turnover: 0.66x
- • Equity Multiplier: 2.40x
- Recent ROE (17.71%) is above the historical average (16.79%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 19.32% | 7.46% | 1.29x | 2.00x | €115.28 Million |
| 2014 | 19.18% | 8.10% | 1.22x | 1.94x | €118.47 Million |
| 2015 | 16.68% | 7.06% | 1.15x | 2.06x | €88.49 Million |
| 2016 | 16.80% | 6.79% | 0.78x | 3.15x | €92.42 Million |
| 2017 | 20.02% | 8.17% | 0.81x | 3.01x | €143.49 Million |
| 2018 | 17.70% | 7.70% | 0.63x | 3.68x | €97.08 Million |
| 2019 | 14.55% | 6.51% | 0.61x | 3.69x | €59.66 Million |
| 2020 | 31.08% | 21.96% | 0.57x | 2.47x | €383.78 Million |
| 2021 | 12.06% | 7.75% | 0.65x | 2.41x | €33.86 Million |
| 2022 | 5.38% | 3.10% | 0.70x | 2.46x | €-68.17 Million |
| 2023 | 10.94% | 6.61% | 0.70x | 2.37x | €13.54 Million |
| 2024 | 16.80% | 10.10% | 0.74x | 2.24x | €101.28 Million |
| 2025 | 17.71% | 11.12% | 0.66x | 2.40x | €118.12 Million |
Industry Comparison
This section compares freenet AG's net assets metrics with peer companies in the Telecom Services industry.
Industry Context
- Industry: Telecom Services
- Average net assets among peers: $41,929,331,538
- Average return on equity (ROE) among peers: 16.59%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| freenet AG (FNTN) | €1.53 Billion | 19.32% | 1.40x | $3.24 Billion |
| LIBERTY LAT.AMER.A DL-01 (1LL) | $1.63 Billion | -42.40% | 6.87x | $300.16 Million |
| 1&1 AG (1U1) | $353.02 Million | 13.06% | 0.95x | $4.35 Billion |
| CHINA TOWER UNSP.ADR/100 (2Y10) | $193.59 Billion | 4.54% | 0.58x | $5.02 Billion |
| TELSTRA GROUP LTD SP.ADR (5KB) | $16.84 Billion | 10.03% | 1.47x | $37.53 Billion |
| VODACOM GROUP LTD. SP.ADR (5VD0) | $103.65 Billion | 16.01% | 1.41x | $15.26 Billion |
| EuroTeleSites AG (7YF) | $234.07 Million | 0.00% | 7.39x | $735.93 Million |
| AIRTEL AFRICA UNSP.ADR/10 (9AA0) | $2.77 Billion | 7.93% | 3.33x | $16.88 Billion |
| TRANSTEMA GROUP AB O.N. (9G8) | $558.70 Million | 23.64% | 2.07x | $12.20 Million |
| Advanced Info Service Public Company Limited (AISF) | $81.82 Billion | 32.90% | 3.35x | $97.12K |
| Verizon Communications Inc. (BAC) | $17.84 Billion | 100.21% | 12.69x | $174.74 Billion |
About freenet AG
freenet AG provides telecommunications, broadcasting, and multimedia services for mobile communications/mobile internet, and digital lifestyle sectors in Germany. It operates through Mobile Communications, TV and Media, and Other/Holding segments. The Mobile Communications segment engages in marketing mobile communications services, which include voice and data services from the mobile network op… Read more