PSI Software AG (PSAN) - Net Assets

Latest as of June 2025: €93.03 Million EUR

Based on the latest financial reports, PSI Software AG (PSAN) has net assets worth €93.03 Million EUR as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€254.69 Million) and total liabilities (€161.66 Million). 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	€93.03 Million
% of Total Assets	36.53%
Annual Growth Rate	3.01%
5-Year Change	-4.91%
10-Year Change	30.41%
Growth Volatility	7.61

PSI Software AG - Net Assets Trend (2013–2024)

This chart illustrates how PSI Software 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 PSI Software AG (2013–2024)

The table below shows the annual net assets of PSI Software AG from 2013 to 2024.

Year	Net Assets	Change
2024-12-31	€95.40 Million	-14.61%
2023-12-31	€111.73 Million	-6.14%
2022-12-31	€119.04 Million	+3.77%
2021-12-31	€114.72 Million	+14.35%
2020-12-31	€100.32 Million	+6.12%
2019-12-31	€94.54 Million	+9.13%
2018-12-31	€86.63 Million	+7.89%
2017-12-31	€80.30 Million	+6.67%
2016-12-31	€75.27 Million	+2.90%
2015-12-31	€73.15 Million	+7.11%
2014-12-31	€68.29 Million	-0.75%
2013-12-31	€68.81 Million	--

Equity Component Analysis

This analysis shows how different components contribute to PSI Software 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 3030.3% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Retained Earnings	€38.69 Million	40.56%
Other Components	€56.71 Million	59.44%
Total Equity	€95.40 Million	100.00%

PSI Software AG Competitors by Market Cap

The table below lists competitors of PSI Software AG ranked by their market capitalization.

Company	Market Cap
Citycon Oyj HE:CTY1S	$700.87 Million
Sok Marketler Ticaret As IS:SOKM	$700.95 Million
Tanla Platforms Limited NSE:TANLA	$701.05 Million
Charter Hall Social Infrastructure REIT AU:CQE	$701.10 Million
Autobacs Seven Co.Ltd F:AB6	$700.70 Million
Naphtha TA:NFTA	$699.96 Million
Nexpoint Residential Trust Inc NYSE:NXRT	$699.57 Million
Jiangsu Bioperfectus Technologies Co Ltd SHG:688399	$699.56 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in PSI Software AG's equity between the two most recent reporting periods.

Equity Growth Insights

From 2023 to 2024, total equity changed from 111,726,000 to 95,401,000, a change of -16,325,000 (-14.6%).
Net loss of 20,956,000 reduced equity.
Other factors increased equity by 4,631,000.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	€-20.96 Million	-21.97%
Other Changes	€4.63 Million	+4.85%
Total Change	€-	-14.61%

Book Value vs Market Value Analysis

This analysis compares PSI Software 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: 7.40x
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 8.89x to 7.40x 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	€5.13	€45.60	x
2018-12-31	€5.53	€45.60	x
2019-12-31	€6.03	€45.60	x
2020-12-31	€6.40	€45.60	x
2021-12-31	€7.31	€45.60	x
2022-12-31	€7.69	€45.60	x
2023-12-31	€7.21	€45.60	x
2024-12-31	€6.16	€45.60	x

Capital Efficiency Dashboard

This dashboard shows how efficiently PSI Software 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): -21.97%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -8.03%
• Asset Turnover: 0.95x
• Equity Multiplier: 2.87x
Recent ROE (-21.97%) is below the historical average (6.48%), 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	0.54%	0.21%	1.01x	2.59x	€-6.51 Million
2014	6.00%	2.29%	0.93x	2.82x	€-2.73 Million
2015	10.20%	4.03%	0.93x	2.73x	€143.80K
2016	11.36%	4.84%	0.89x	2.65x	€1.02 Million
2017	11.83%	5.10%	0.96x	2.42x	€1.47 Million
2018	12.22%	5.31%	0.95x	2.41x	€1.92 Million
2019	15.09%	6.33%	0.90x	2.63x	€4.81 Million
2020	10.25%	4.72%	0.84x	2.59x	€247.70K
2021	13.81%	6.38%	0.87x	2.48x	€4.37 Million
2022	8.14%	3.91%	0.91x	2.29x	€-2.21 Million
2023	0.29%	0.12%	0.95x	2.53x	€-10.85 Million
2024	-21.97%	-8.03%	0.95x	2.87x	€-30.50 Million

Industry Comparison

This section compares PSI Software AG's net assets metrics with peer companies in the Software - Application industry.

Industry Context

Industry: Software - Application
Average net assets among peers: $398,142,324
Average return on equity (ROE) among peers: 11.77%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
PSI Software AG (PSAN)	€93.03 Million	0.54%	1.74x	$700.76 Million
Growens S.p.A. (0MU)	$56.87 Million	102.36%	0.45x	$34.45 Million
Paylocity Holding Corporation (0P7)	$476.93 Million	14.85%	4.06x	$5.02 Billion
Patriot One Technologies Inc (0PL)	$14.74 Million	-110.81%	0.29x	$81.70 Million
Paycom Soft (0PY)	$116.53 Million	60.43%	8.26x	$6.79 Billion
innoscripta SE (1INN)	$18.07 Million	56.86%	0.96x	$681.00 Million
Nextech3D.AI Corporation (1SS)	$-1.50 Million	0.00%	0.00x	$15.64 Million
AXWAY SOFTWARE EO 2 (1XV)	$346.27 Million	10.35%	0.72x	$965.69 Million
Spyrosoft Spólka Akcyjna (2NP)	$85.10 Million	31.41%	0.95x	$111.02 Million
WEIMOB INC. DL-0001 (36W)	$2.80 Billion	-27.06%	1.81x	$704.54 Million
Expert.ai S.p.A. (3K2)	$66.16 Million	-20.73%	0.59x	$197.35 Million

About PSI Software AG

F:PSAN Germany Software - Application

Market Cap

$831.46 Million

€711.19 Million EUR

Market Cap Rank

#11400 Global

#1708 in Germany

Share Price

€45.60

Change (1 day)

+2.01%

52-Week Range

€24.40 - €46.30

All Time High

€47.72