PSI Software AG (PSAN) - Net Assets

Latest as of June 2025: €93.03 Million EUR ≈ $108.76 Million USD

Based on the latest financial reports, PSI Software AG (PSAN) has net assets worth €93.03 Million EUR (≈ $108.76 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 (€254.69 Million ≈ $297.76 Million USD) and total liabilities (€161.66 Million ≈ $189.00 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. Also explore PSAN current and non-current assets for the complete picture of this company's asset base.

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. Check PSI Software AG (PSAN) tangible net worth to evaluate the tangible quality of the company's equity base.

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. For live valuation and market cap data, see PSAN market cap.

Year	Net Assets	Change
2024-12-31	€95.40 Million ≈ $111.53 Million	-14.61%
2023-12-31	€111.73 Million ≈ $130.62 Million	-6.14%
2022-12-31	€119.04 Million ≈ $139.17 Million	+3.77%
2021-12-31	€114.72 Million ≈ $134.12 Million	+14.35%
2020-12-31	€100.32 Million ≈ $117.29 Million	+6.12%
2019-12-31	€94.54 Million ≈ $110.53 Million	+9.13%
2018-12-31	€86.63 Million ≈ $101.28 Million	+7.89%
2017-12-31	€80.30 Million ≈ $93.88 Million	+6.67%
2016-12-31	€75.27 Million ≈ $88.00 Million	+2.90%
2015-12-31	€73.15 Million ≈ $85.52 Million	+7.11%
2014-12-31	€68.29 Million ≈ $79.84 Million	-0.75%
2013-12-31	€68.81 Million ≈ $80.45 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
BCPG Public Company Limited BK:BCPG	$700.31 Million
ZYLOX-TONBRDG.MED.TECH.H1 F:818	$700.41 Million
Citic Guoan Wine Co Ltd SHG:600084	$700.50 Million
Hoang Anh Gia Lai JSC VN:HAG	$700.63 Million
Hangzhou Jiebai Group Co Ltd SHG:600814	$700.25 Million
HIVE Digital Technologies Ltd. V:HIVE	$699.83 Million
SENORES PHARMACEUTICALS L NSE:SENORES	$699.81 Million
Liaoning Oxiranchem Inc SHE:300082	$699.62 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: 7.24x
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 8.70x to 7.24x 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	€44.60	x
2018-12-31	€5.53	€44.60	x
2019-12-31	€6.03	€44.60	x
2020-12-31	€6.40	€44.60	x
2021-12-31	€7.31	€44.60	x
2022-12-31	€7.69	€44.60	x
2023-12-31	€7.21	€44.60	x
2024-12-31	€6.16	€44.60	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: $496,431,924
Average return on equity (ROE) among peers: -269.11%

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	$700.27 Million
Materialise NV (06MA)	$79.03 Million	-3.82%	1.05x	$301.24 Million
Patriot One Technologies Inc (0PL)	$62.22 Million	-40.38%	0.06x	$98.75 Million
AXWAY SOFTWARE EO 2 (1XV)	$553.48 Million	7.36%	1.19x	$1.09 Billion
Spyrosoft Spólka Akcyjna (2NP)	$46.83 Million	31.35%	0.77x	$111.02 Million
WEIMOB INC. DL-0001 (36W)	$4.21 Billion	-18.58%	1.24x	$603.88 Million
ROUTE1 INC. (3R6N)	$-383.82K	0.00%	0.00x	$2.46 Million
INSURAGUEST TECHN. INC. (4JG)	$-189.99K	0.00%	0.00x	$99.69K
LIQUID AVATAR TECHNO.INC. (4T5)	$424.39K	-2677.70%	5.96x	$1.33 Million
Envirosuite Limited (57P)	$13.14 Million	10.71%	0.70x	$67.90 Million
SPROUT AI INC. (5AU)	$-4.05 Million	0.00%	0.00x	$3.09 Million

About PSI Software AG

F:PSAN Germany Software - Application

Market Cap

$813.22 Million

€695.59 Million EUR

Market Cap Rank

#10400 Global

#1240 in Germany

Share Price

€44.60

Change (1 day)

-1.55%

52-Week Range

€24.40 - €46.30

All Time High

€47.72