Mister Spex SE (MRX) - Net Assets
Based on the latest financial reports, Mister Spex SE (MRX) has net assets worth €60.75 Million EUR (≈ $71.02 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 (€162.82 Million ≈ $190.35 Million USD) and total liabilities (€102.07 Million ≈ $119.33 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 Mister Spex SE (MRX) asset resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €60.75 Million |
| % of Total Assets | 37.31% |
| Annual Growth Rate | 20.52% |
| 5-Year Change | 114.99% |
| 10-Year Change | N/A |
| Growth Volatility | 226.99 |
Mister Spex SE - Net Assets Trend (2017–2024)
This chart illustrates how Mister Spex SE's net assets have evolved over time, based on quarterly financial data. Also explore Mister Spex SE balance sheet assets for the complete picture of this company's asset base.
Annual Net Assets for Mister Spex SE (2017–2024)
The table below shows the annual net assets of Mister Spex SE from 2017 to 2024. For live valuation and market cap data, see market cap of Mister Spex SE.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €71.84 Million ≈ $83.99 Million |
-53.79% |
| 2023-12-31 | €155.45 Million ≈ $181.74 Million |
-22.66% |
| 2022-12-31 | €201.00 Million ≈ $235.00 Million |
-17.88% |
| 2021-12-31 | €244.78 Million ≈ $286.18 Million |
+632.58% |
| 2020-12-31 | €33.41 Million ≈ $39.06 Million |
+14.62% |
| 2019-12-31 | €29.15 Million ≈ $34.08 Million |
+118.99% |
| 2018-12-31 | €13.31 Million ≈ $15.56 Million |
-31.55% |
| 2017-12-31 | €19.45 Million ≈ $22.74 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Mister Spex SE'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 23949900000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €364.01 Million | 506.72% |
| Total Equity | €71.84 Million | 100.00% |
Mister Spex SE Competitors by Market Cap
The table below lists competitors of Mister Spex SE ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Ezwelfare Co Ltd
KQ:090850
|
$44.95 Million |
|
Alpha Pro Tech Ltd
NYSE MKT:APT
|
$44.96 Million |
|
Emami Realty Limited
NSE:EMAMIREAL
|
$44.98 Million |
|
Auric Mining Ltd
AU:AWJ
|
$44.98 Million |
|
Selangor Dredging Bhd
KLSE:2224
|
$44.93 Million |
|
XTPL SA
WAR:XTP
|
$44.92 Million |
|
SolTech Energy Sweden AB
ST:SOLT
|
$44.91 Million |
|
Cyviz AS
OL:CYVIZ
|
$44.90 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Mister Spex SE's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 155,453,000 to 71,837,000, a change of -83,616,000 (-53.8%).
- Net loss of 84,859,000 reduced equity.
- Share repurchases of 183,000 reduced equity.
- Other factors increased equity by 1,426,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-84.86 Million | -118.13% |
| Share Repurchases | €183.00K | -0.25% |
| Other Changes | €1.43 Million | +1.99% |
| Total Change | €- | -53.79% |
Book Value vs Market Value Analysis
This analysis compares Mister Spex SE'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: 0.60x
- 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 2.21x to 0.60x 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 | €0.57 | €1.26 | x |
| 2018-12-31 | €0.39 | €1.26 | x |
| 2019-12-31 | €0.85 | €1.26 | x |
| 2020-12-31 | €0.98 | €1.26 | x |
| 2021-12-31 | €7.25 | €1.26 | x |
| 2022-12-31 | €5.94 | €1.26 | x |
| 2023-12-31 | €4.56 | €1.26 | x |
| 2024-12-31 | €2.11 | €1.26 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Mister Spex SE 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): -118.13%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -39.15%
- • Asset Turnover: 1.27x
- • Equity Multiplier: 2.38x
- Recent ROE (-118.13%) is below the historical average (-49.63%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | -69.49% | -12.96% | 1.74x | 3.08x | €-15.46 Million |
| 2018 | -80.74% | -8.75% | 2.02x | 4.56x | €-12.08 Million |
| 2019 | -31.93% | -6.68% | 1.15x | 4.14x | €-12.22 Million |
| 2020 | -30.70% | -6.25% | 1.34x | 3.67x | €-13.60 Million |
| 2021 | -12.87% | -16.22% | 0.60x | 1.33x | €-55.99 Million |
| 2022 | -22.35% | -21.39% | 0.72x | 1.46x | €-65.03 Million |
| 2023 | -30.80% | -21.42% | 0.80x | 1.80x | €-63.43 Million |
| 2024 | -118.13% | -39.15% | 1.27x | 2.38x | €-92.04 Million |
Industry Comparison
This section compares Mister Spex SE's net assets metrics with peer companies in the Specialty Retail industry.
Industry Context
- Industry: Specialty Retail
- Average net assets among peers: $1,134,053,612
- Average return on equity (ROE) among peers: 23.49%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Mister Spex SE (MRX) | €60.75 Million | -69.49% | 1.68x | $44.94 Million |
| JUMBO SA UNSP.ADR/1 O.N. (5JB1) | $1.42 Billion | 17.48% | 0.34x | $3.23 Billion |
| SEALAND CAP. GA. LS-0001 (7KM) | $-892.84K | 0.00% | 0.00x | $765.46K |
| SFD SA ZY -10 (7PQ) | $42.03 Million | -0.14% | 1.23x | $21.68 Million |
| BETTERWARE DE MEXICO SAPI (BM0) | $1.10 Billion | 79.52% | 9.33x | $566.11 Million |
| Brüder Mannesmann Aktiengesellschaft (BMM) | $9.70 Million | -9.46% | 2.93x | $4.05 Million |
| Ceconomy AG (CEC) | $4.02 Billion | 5.82% | 4.57x | $2.02 Billion |
| DUFRY AG UNSP.ADR/010 (D2JA) | $2.50 Billion | 3.49% | 5.62x | $7.78 Billion |
| Dunelm Group plc (DFQ) | $178.30 Million | 96.02% | 3.14x | $2.06 Billion |
| Douglas AG (DOU) | $941.20 Million | 18.64% | 3.99x | $1.12 Billion |
About Mister Spex SE
Mister Spex SE retails optical products in Germany and internationally. It offers prescription and multifocal glasses, sunglasses, and contact lenses, as well as miscellaneous services. The company offers its products under the independent labels, own labels, and various premium and luxury brands through online shops and retail stores, as well as a network of partner opticians. Mister Spex SE was… Read more