Hensoldt AG (HAG) - Net Assets
Based on the latest financial reports, Hensoldt AG (HAG) has net assets worth €853.00 Million EUR as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€4.97 Billion) and total liabilities (€4.12 Billion). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €853.00 Million |
| % of Total Assets | 17.15% |
| Annual Growth Rate | 41.73% |
| 5-Year Change | 155.48% |
| 10-Year Change | N/A |
| Growth Volatility | 41.46 |
Hensoldt AG - Net Assets Trend (2019–2024)
This chart illustrates how Hensoldt AG's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Hensoldt AG (2019–2024)
The table below shows the annual net assets of Hensoldt AG from 2019 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €886.00 Million | +5.73% |
| 2023-12-31 | €838.00 Million | +35.82% |
| 2022-12-31 | €617.00 Million | +50.34% |
| 2021-12-31 | €410.40 Million | +18.34% |
| 2020-12-31 | €346.80 Million | +124.03% |
| 2019-12-31 | €154.80 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Hensoldt 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 46080000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €245.00 Million | 28.10% |
| Other Components | €627.00 Million | 71.90% |
| Total Equity | €872.00 Million | 100.00% |
Hensoldt AG Competitors by Market Cap
The table below lists competitors of Hensoldt AG ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Texas Pacific Land Trust
NYSE:TPL
|
$9.71 Billion |
|
OGE Energy Corporation
NYSE:OGE
|
$9.71 Billion |
|
Getlink SE
PA:GET
|
$9.72 Billion |
|
Qantas Airways Ltd
AU:QAN
|
$9.72 Billion |
|
Beijing Kunlun Tech Co Ltd
SHE:300418
|
$9.67 Billion |
|
Spic Yuanda Environmental Protection Co Ltd
SHG:600292
|
$9.67 Billion |
|
Rexel S.A
PA:RXL
|
$9.66 Billion |
|
LPP SA
F:1RY
|
$9.65 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hensoldt AG's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 822,000,000 to 872,000,000, a change of 50,000,000 (6.1%).
- Net income of 108,000,000 contributed positively to equity growth.
- Dividend payments of 46,000,000 reduced retained earnings.
- Other factors decreased equity by 12,000,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €108.00 Million | +12.39% |
| Dividends Paid | €46.00 Million | -5.28% |
| Other Changes | €-12.00 Million | -1.38% |
| Total Change | €- | 6.08% |
Book Value vs Market Value Analysis
This analysis compares Hensoldt 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: 10.81x
- 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 decreased from 60.69x to 10.81x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | €1.34 | €81.62 | x |
| 2020-12-31 | €3.18 | €81.62 | x |
| 2021-12-31 | €3.80 | €81.62 | x |
| 2022-12-31 | €5.75 | €81.62 | x |
| 2023-12-31 | €7.12 | €81.62 | x |
| 2024-12-31 | €7.55 | €81.62 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hensoldt 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): 12.39%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.82%
- • Asset Turnover: 0.48x
- • Equity Multiplier: 5.39x
- Recent ROE (12.39%) is above the historical average (5.41%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 4.18% | 0.53% | 0.45x | 17.39x | €-8.22 Million |
| 2020 | -19.53% | -5.41% | 0.41x | 8.83x | €-98.59 Million |
| 2021 | 15.70% | 4.25% | 0.50x | 7.39x | €22.77 Million |
| 2022 | 12.91% | 4.57% | 0.57x | 4.93x | €17.60 Million |
| 2023 | 6.81% | 3.03% | 0.52x | 4.35x | €-26.20 Million |
| 2024 | 12.39% | 4.82% | 0.48x | 5.39x | €20.80 Million |
Industry Comparison
This section compares Hensoldt AG's net assets metrics with peer companies in the Aerospace & Defense industry.
Industry Context
- Industry: Aerospace & Defense
- Average net assets among peers: $10,345,390,683
- Average return on equity (ROE) among peers: -21.37%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hensoldt AG (HAG) | €853.00 Million | 4.18% | 4.83x | $9.67 Billion |
| V2X INC. DL-01 (1V1) | $1.03 Billion | 3.38% | 2.15x | $1.92 Billion |
| Savosolar Oyj (5J4) | $3.76 Million | -145.67% | 0.85x | $1.09 Million |
| Summa Defence Oyj (5J40) | $27.31 Million | -75.74% | 0.96x | $54.47 Million |
| CREOTECH INS.S.A. ZY -10 (5OB) | $70.95 Million | -28.83% | 1.29x | $407.03 Million |
| NORSK TITANIUM NK-08 (84F) | $-1.02 Million | 0.00% | 0.00x | $78.24 Million |
| NAMURA SHIPBLDG LTD (8AF) | $49.96 Billion | 22.40% | 1.50x | $1.74 Billion |
| Genesis Scale Holdings Limited (92N0) | $1.62 Billion | -4.20% | 0.22x | $45.77 Million |
| AviChina Industry & Technology Company Limited (AVT) | $28.34 Billion | 3.95% | 1.45x | $2.71 Billion |
| Yangzijiang Shipbuilding (Holdings) Ltd (B8O) | $22.36 Billion | 11.00% | 0.84x | $10.48 Billion |
| RED CAT HDGS INC.DL -001 (BQ73) | $50.12 Million | 0.00% | 0.11x | $1.24 Billion |
About Hensoldt AG
Hensoldt AG, together with its subsidiaries, provides sensor solutions for defense and security applications worldwide. It operates through Sensors and Optronics segments. The company offers mobile and stationary radar, and identification friend or foe systems used for surveillance, reconnaissance, civil air traffic control, and air defense; systems for secure data connections for air, sea and la… Read more