WASGAU Produktions & Handels AG (MSH) - Net Assets
Based on the latest financial reports, WASGAU Produktions & Handels AG (MSH) has net assets worth €113.76 Million EUR (≈ $133.00 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€398.60 Million ≈ $466.00 Million USD) and total liabilities (€284.84 Million ≈ $333.01 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 tangible equity quality of WASGAU Produktions & Handels AG to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €113.76 Million |
| % of Total Assets | 28.54% |
| Annual Growth Rate | 4.0% |
| 5-Year Change | 12.26% |
| 10-Year Change | 43.25% |
| Growth Volatility | 3.08 |
WASGAU Produktions & Handels AG - Net Assets Trend (2013–2025)
This chart illustrates how WASGAU Produktions & Handels AG's net assets have evolved over time, based on quarterly financial data. See WASGAU Produktions & Handels AG defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for WASGAU Produktions & Handels AG (2013–2025)
The table below shows the annual net assets of WASGAU Produktions & Handels AG from 2013 to 2025. For live valuation and market cap data, see WASGAU Produktions & Handels AG market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | €113.76 Million ≈ $133.00 Million |
+1.08% |
| 2024-12-31 | €112.54 Million ≈ $131.57 Million |
+2.91% |
| 2023-12-31 | €109.36 Million ≈ $127.85 Million |
+3.36% |
| 2022-12-31 | €105.80 Million ≈ $123.69 Million |
+4.40% |
| 2021-12-31 | €101.34 Million ≈ $118.47 Million |
+6.72% |
| 2020-12-31 | €94.96 Million ≈ $111.02 Million |
+9.64% |
| 2019-12-31 | €86.61 Million ≈ $101.26 Million |
+1.73% |
| 2018-12-31 | €85.14 Million ≈ $99.53 Million |
+1.70% |
| 2017-12-31 | €83.71 Million ≈ $97.86 Million |
+5.41% |
| 2016-12-31 | €79.41 Million ≈ $92.84 Million |
+9.37% |
| 2015-12-31 | €72.61 Million ≈ $84.88 Million |
+2.88% |
| 2014-12-31 | €70.57 Million ≈ $82.50 Million |
-0.65% |
| 2013-12-31 | €71.03 Million ≈ $83.04 Million |
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Equity Component Analysis
This analysis shows how different components contribute to WASGAU Produktions & Handels 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 159.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €70.03 Million | 62.30% |
| Other Components | €42.39 Million | 37.70% |
| Total Equity | €112.42 Million | 100.00% |
WASGAU Produktions & Handels AG Competitors by Market Cap
The table below lists competitors of WASGAU Produktions & Handels AG ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
MCE Holdings Bhd
KLSE:7004
|
$57.43 Million |
|
Chosun Welding
KO:120030
|
$57.45 Million |
|
Pmv Pharmaceuticals Inc
NASDAQ:PMVP
|
$57.47 Million |
|
Wspierania Przedsiebiorczosci
WAR:PTW
|
$57.49 Million |
|
Stefstock
JSE:SSK
|
$57.42 Million |
|
Viscom AG
XETRA:V6C
|
$57.40 Million |
|
Westhaven Ventures Inc
V:WHN
|
$57.40 Million |
|
Ji-Haw Industrial Co Ltd
TW:3011
|
$57.37 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in WASGAU Produktions & Handels AG's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 111,216,000 to 112,418,000, a change of 1,202,000 (1.1%).
- Net income of 2,354,000 contributed positively to equity growth.
- Share repurchases of 792,000 reduced equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €2.35 Million | +2.09% |
| Share Repurchases | €792.00K | -0.7% |
| Other Changes | €-360.00K | -0.32% |
| Total Change | €- | 1.08% |
Book Value vs Market Value Analysis
This analysis compares WASGAU Produktions & Handels 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: 0.53x
- 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 0.71x to 0.53x 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 | €12.54 | €8.95 | x |
| 2018-12-31 | €12.76 | €8.95 | x |
| 2019-12-31 | €12.97 | €8.95 | x |
| 2020-12-31 | €14.25 | €8.95 | x |
| 2021-12-31 | €15.21 | €8.95 | x |
| 2022-12-31 | €15.86 | €8.95 | x |
| 2023-12-31 | €16.38 | €8.95 | x |
| 2024-12-31 | €16.85 | €8.95 | x |
| 2025-12-31 | €17.03 | €8.95 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently WASGAU Produktions & Handels 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): 2.09%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.36%
- • Asset Turnover: 1.64x
- • Equity Multiplier: 3.55x
- Recent ROE (2.09%) is below the historical average (4.90%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 2.40% | 0.35% | 2.40x | 2.83x | €-5.34 Million |
| 2014 | 1.42% | 0.20% | 2.54x | 2.77x | €-5.99 Million |
| 2015 | 3.63% | 0.51% | 2.79x | 2.57x | €-4.58 Million |
| 2016 | 9.53% | 1.40% | 2.89x | 2.35x | €-372.40K |
| 2017 | 7.38% | 1.12% | 2.83x | 2.32x | €-2.17 Million |
| 2018 | 3.66% | 0.56% | 2.75x | 2.36x | €-5.33 Million |
| 2019 | 3.31% | 0.52% | 1.61x | 3.95x | €-5.73 Million |
| 2020 | 9.70% | 1.56% | 1.73x | 3.58x | €-278.60K |
| 2021 | 7.79% | 1.39% | 1.68x | 3.35x | €-2.21 Million |
| 2022 | 5.18% | 0.89% | 1.73x | 3.35x | €-5.04 Million |
| 2023 | 3.97% | 0.68% | 1.76x | 3.32x | €-6.52 Million |
| 2024 | 3.57% | 0.61% | 1.69x | 3.43x | €-7.15 Million |
| 2025 | 2.09% | 0.36% | 1.64x | 3.55x | €-8.89 Million |
Industry Comparison
This section compares WASGAU Produktions & Handels AG's net assets metrics with peer companies in the Food Distribution industry.
Industry Context
- Industry: Food Distribution
- Average net assets among peers: $2,929,696,503
- Average return on equity (ROE) among peers: 10.64%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| WASGAU Produktions & Handels AG (MSH) | €113.76 Million | 2.40% | 2.50x | $57.42 Million |
| Kernel Holding SA (0KE) | $1.69 Billion | -2.44% | 1.48x | $1.39 Billion |
| BUNZL PLC ADR/ LS-3214857 (BUZ) | $2.72 Billion | 17.44% | 2.19x | $8.59 Billion |
| JERONIMO MARTINS UN.ADR/2 (JEM0) | $3.07 Billion | 24.65% | 3.66x | $13.46 Billion |
| OLAM GROUP LTD (K25) | $7.17 Billion | 6.20% | 4.43x | $3.00 Billion |
| HIGH QUALITY FOOD (L24) | $7.95 Million | 7.35% | 1.68x | $5.14 Million |
About WASGAU Produktions & Handels AG
WASGAU Produktions & Handels AG engages in the food business in Germany. The company operates through Retail and Wholesale segments. It operates a bakery that sells bread, rolls, cakes, pastries and snacks, and daily meals; a butchery that provides meat and sausage products; a fruit and vegetable garden; and a wine cellar, as well as champagne under the WASGAU brand. In addition, the company sell… Read more