FRoSTA AG (NLM) - Net Assets
Based on the latest financial reports, FRoSTA AG (NLM) has net assets worth €262.36 Million EUR (≈ $306.72 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 (€445.04 Million ≈ $520.30 Million USD) and total liabilities (€182.68 Million ≈ $213.58 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 NLM financial resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €262.36 Million |
| % of Total Assets | 58.95% |
| Annual Growth Rate | 7.6% |
| 5-Year Change | 48.44% |
| 10-Year Change | 93.8% |
| Growth Volatility | 3.67 |
FRoSTA AG - Net Assets Trend (2013–2024)
This chart illustrates how FRoSTA AG's net assets have evolved over time, based on quarterly financial data. Also explore FRoSTA AG (NLM) total assets for the complete picture of this company's asset base.
Annual Net Assets for FRoSTA AG (2013–2024)
The table below shows the annual net assets of FRoSTA AG from 2013 to 2024. For live valuation and market cap data, see NLM market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €261.05 Million ≈ $305.19 Million |
+12.43% |
| 2023-12-31 | €232.18 Million ≈ $271.44 Million |
+13.12% |
| 2022-12-31 | €205.25 Million ≈ $239.96 Million |
+6.32% |
| 2021-12-31 | €193.05 Million ≈ $225.69 Million |
+9.77% |
| 2020-12-31 | €175.86 Million ≈ $205.60 Million |
+2.72% |
| 2019-12-31 | €171.20 Million ≈ $200.15 Million |
+1.03% |
| 2018-12-31 | €169.46 Million ≈ $198.11 Million |
+4.67% |
| 2017-12-31 | €161.90 Million ≈ $189.28 Million |
+11.10% |
| 2016-12-31 | €145.73 Million ≈ $170.38 Million |
+8.19% |
| 2015-12-31 | €134.70 Million ≈ $157.48 Million |
+7.18% |
| 2014-12-31 | €125.68 Million ≈ $146.93 Million |
+7.78% |
| 2013-12-31 | €116.61 Million ≈ $136.33 Million |
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Equity Component Analysis
This analysis shows how different components contribute to FRoSTA 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 170.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €233.68 Million | 89.52% |
| Other Components | €27.37 Million | 10.48% |
| Total Equity | €261.05 Million | 100.00% |
FRoSTA AG Competitors by Market Cap
The table below lists competitors of FRoSTA AG ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
WUS Printed Circuit Co Ltd
TW:2316
|
$643.07 Million |
|
Log-In Logística Intermodal S.A
SA:LOGN3
|
$643.22 Million |
|
Algoma Central Corporation
TO:ALC
|
$643.27 Million |
|
Musti Group Oyj
HE:MUSTI
|
$643.72 Million |
|
A W FOOD SERVICES OF CANADA INC
TO:AW
|
$642.65 Million |
|
Luoyang Northglass Technology Co Ltd
SHE:002613
|
$642.58 Million |
|
Hangzhou Shenhao Technology Co Ltd
SHE:300853
|
$642.52 Million |
|
Solomon Technology Corp
TW:2359
|
$642.50 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in FRoSTA AG's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 232,178,000 to 261,048,000, a change of 28,870,000 (12.4%).
- Net income of 41,974,000 contributed positively to equity growth.
- Dividend payments of 13,600,000 reduced retained earnings.
- Share repurchases of 1,981,000 reduced equity.
- New share issuances of 2,236,000 increased equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €41.97 Million | +16.08% |
| Dividends Paid | €13.60 Million | -5.21% |
| Share Repurchases | €1.98 Million | -0.76% |
| Share Issuances | €2.24 Million | +0.86% |
| Other Changes | €241.00K | +0.09% |
| Total Change | €- | 12.43% |
Book Value vs Market Value Analysis
This analysis compares FRoSTA 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: 2.60x
- 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 4.19x to 2.60x 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 | €23.77 | €99.60 | x |
| 2018-12-31 | €24.88 | €99.60 | x |
| 2019-12-31 | €25.17 | €99.60 | x |
| 2020-12-31 | €25.81 | €99.60 | x |
| 2021-12-31 | €28.34 | €99.60 | x |
| 2022-12-31 | €30.13 | €99.60 | x |
| 2023-12-31 | €34.08 | €99.60 | x |
| 2024-12-31 | €38.33 | €99.60 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently FRoSTA 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): 16.08%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.58%
- • Asset Turnover: 1.39x
- • Equity Multiplier: 1.76x
- Recent ROE (16.08%) is above the historical average (13.14%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 10.32% | 3.11% | 1.74x | 1.90x | €373.60K |
| 2014 | 13.73% | 4.23% | 1.73x | 1.87x | €4.69 Million |
| 2015 | 13.52% | 4.14% | 1.80x | 1.82x | €4.74 Million |
| 2016 | 14.80% | 4.63% | 1.72x | 1.86x | €6.99 Million |
| 2017 | 14.42% | 4.66% | 1.62x | 1.92x | €7.16 Million |
| 2018 | 11.79% | 3.92% | 1.55x | 1.94x | €3.04 Million |
| 2019 | 7.36% | 2.41% | 1.58x | 1.94x | €-4.53 Million |
| 2020 | 14.26% | 4.55% | 1.79x | 1.75x | €7.50 Million |
| 2021 | 14.83% | 5.43% | 1.62x | 1.69x | €9.33 Million |
| 2022 | 11.84% | 4.20% | 1.51x | 1.86x | €3.78 Million |
| 2023 | 14.67% | 5.32% | 1.48x | 1.87x | €10.83 Million |
| 2024 | 16.08% | 6.58% | 1.39x | 1.76x | €15.87 Million |
Industry Comparison
This section compares FRoSTA AG's net assets metrics with peer companies in the Packaged Foods industry.
Industry Context
- Industry: Packaged Foods
- Average net assets among peers: $3,338,602,179
- Average return on equity (ROE) among peers: -14.57%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| FRoSTA AG (NLM) | €262.36 Million | 10.32% | 0.70x | $642.93 Million |
| COFCO Joycome Foods Limited (0M7) | $4.77 Billion | -13.15% | 1.15x | $749.96 Million |
| Nomad Foods Limited (0NH) | $1.90 Billion | 1.91% | 1.48x | $1.38 Billion |
| DaChan Food (Asia) Limited (3DS) | $2.43 Billion | 2.42% | 0.60x | $67.72 Million |
| JATCORP LTD. (3J2) | $10.44 Million | -42.89% | 1.52x | $8.34 Million |
| PSYCHED WELLNESS LTD (5U9) | $6.20 Million | -72.49% | 0.03x | $2.29 Million |
| BOOSH PLANT-BASED BRANDS (77I) | $-178.46K | 0.00% | 0.00x | $118.63K |
| ELEMENT NUTR.SCIENCES (93X) | $-4.87 Million | 0.00% | 0.00x | $2.73 Million |
| Danone SA (BSND) | $16.22 Billion | 5.43% | 1.74x | $42.57 Billion |
| China Yurun Food Group Limited (C7Y) | $7.91 Billion | -24.20% | 1.42x | $19.18 Million |
| DAVIDsTEA Inc (DAT) | $133.45 Million | -2.75% | 0.31x | $17.53 Million |
About FRoSTA AG
FRoSTA Aktiengesellschaft, together with its subsidiaries, develops, produces, and markets frozen food products in Germany, Poland, Austria, Italy, and Eastern Europe. It operates through FRoSTA and COPACK segments. The company offers frozen fish, vegetables, and ready meals; fruit and herbs; and Nasi Goreng and Paella. It provides organic vegetable pans and ready meals, soups, oven-baked vegetab… Read more