Beta Systems Software AG
Sparta AG is a publicly owned investment manager. The firm provides its services to Institutional and private investors. The firm invests in the listed companies of the German-speaking areas. The firm employs long-term investment approach. Sparta AG is based in Heidelberg, Germany.
Beta Systems Software AG (SPT6) - Net Assets
Latest net assets as of March 2025: €82.84 Million EUR
Based on the latest financial reports, Beta Systems Software AG (SPT6) has net assets worth €82.84 Million EUR as of March 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€83.14 Million) and total liabilities (€293.25K). 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 | €82.84 Million |
| % of Total Assets | 99.65% |
| Annual Growth Rate | 17.11% |
| 5-Year Change | 85.84% |
| 10-Year Change | 300.19% |
| Growth Volatility | 8.68 |
Beta Systems Software AG - Net Assets Trend (2013–2023)
This chart illustrates how Beta Systems 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 Beta Systems Software AG (2013–2023)
The table below shows the annual net assets of Beta Systems Software AG from 2013 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | €173.92 Million | +14.37% |
| 2022-12-31 | €152.07 Million | +11.21% |
| 2021-12-31 | €136.74 Million | +24.94% |
| 2020-12-31 | €109.45 Million | +16.95% |
| 2019-12-31 | €93.59 Million | +25.58% |
| 2018-12-31 | €74.53 Million | -1.83% |
| 2017-12-31 | €75.91 Million | +28.13% |
| 2016-12-31 | €59.25 Million | +10.49% |
| 2015-12-31 | €53.62 Million | +23.38% |
| 2014-12-31 | €43.46 Million | +21.21% |
| 2013-12-31 | €35.86 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Beta Systems 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 decreased by 4.2% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €17.39 Million | 10.00% |
| Other Components | €156.53 Million | 90.00% |
| Total Equity | €173.92 Million | 100.00% |
Beta Systems Software AG Competitors by Market Cap
The table below lists competitors of Beta Systems Software AG ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Samsung Pharm
KO:001360
|
$67.72 Million |
|
Sungshin Cemen
KO:004980
|
$67.73 Million |
|
Eastern Polymer Group Public Company Limited
BK:EPG
|
$67.75 Million |
|
Chaintech Technology Corp
TW:2425
|
$67.77 Million |
|
Robot Consulting Co., Ltd. ADS
NASDAQ:LAWR
|
$67.69 Million |
|
Berjaya Corporation Berhad
PINK:BRYAF
|
$67.69 Million |
|
Global Lights Acquisition Corp Ordinary Shares
NASDAQ:GLAC
|
$67.62 Million |
|
Yunsung F&C Co. Ltd.
KQ:372170
|
$67.61 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Beta Systems Software AG's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 152,074,962 to 173,922,037, a change of 21,847,075 (14.4%).
- Net loss of 14,731,264 reduced equity.
- Other factors increased equity by 36,578,339.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-14.73 Million | -8.47% |
| Other Changes | €36.58 Million | +21.03% |
| Total Change | €- | 14.37% |
Book Value vs Market Value Analysis
This analysis compares Beta Systems 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: 0.45x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | €62.60 | €22.20 | x |
| 2018-12-31 | €61.46 | €22.20 | x |
| 2019-12-31 | €77.42 | €22.20 | x |
| 2020-12-31 | €68.75 | €22.20 | x |
| 2021-12-31 | €68.73 | €22.20 | x |
| 2022-12-31 | €43.25 | €22.20 | x |
| 2023-12-31 | €49.47 | €22.20 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Beta Systems 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): -8.47%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: -0.07x
- • Equity Multiplier: 1.04x
- Recent ROE (-8.47%) is below the historical average (5.00%), 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 | 9.46% | 16.00% | 0.57x | 1.04x | €-191.97K |
| 2014 | 17.50% | 31.59% | 0.54x | 1.02x | €3.26 Million |
| 2015 | 18.95% | 65.12% | 0.28x | 1.03x | €4.80 Million |
| 2016 | 9.50% | 76.40% | 0.11x | 1.10x | €-297.97K |
| 2017 | 21.95% | 85.02% | 0.25x | 1.03x | €9.07 Million |
| 2018 | -1.86% | -18.96% | 0.07x | 1.31x | €-8.84 Million |
| 2019 | 0.38% | 20.20% | 0.02x | 1.07x | €-9.00 Million |
| 2020 | 14.49% | 81.78% | 0.15x | 1.17x | €4.92 Million |
| 2021 | -0.37% | -25.95% | 0.01x | 1.07x | €-14.18 Million |
| 2022 | -26.56% | 0.00% | -0.20x | 1.26x | €-55.60 Million |
| 2023 | -8.47% | 0.00% | -0.07x | 1.04x | €-32.12 Million |
Industry Comparison
This section compares Beta Systems Software AG's net assets metrics with peer companies in the Software - Infrastructure industry.
Industry Context
- Industry: Software - Infrastructure
- Average net assets among peers: $3,041,002,748,559
- Average return on equity (ROE) among peers: 188.89%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Beta Systems Software AG (SPT6) | €82.84 Million | 9.46% | 0.00x | $67.70 Million |
| ADYEN N.V. EO-01 (1N8) | $389.78 Million | 18.29% | 1.92x | $26.19 Billion |
| Endava plc (2Y5) | $639.46 Million | 2.68% | 0.59x | $156.33 Million |
| 3QG0 (3QG0) | $39.90K | -556.39% | 4.55x | $1.32K |
| Amdocs Limited (AOS) | $3.50 Billion | 14.09% | 0.83x | $6.26 Billion |
| Circus SE (CA1) | $18.34 Million | -27.10% | 0.24x | $92.72 Million |
| PT GoTo Gojek Tokopedia Tbk (CK8) | $30.40 Trillion | -16.95% | 0.42x | $2.10 Billion |
| Cyan AG (CYR) | $34.55K | 2487.03% | 93.94x | $24.29 Million |
| Intellistake Technologies Corp. (E41) | $-1.62 Million | 0.00% | 0.00x | $46.89 Million |
| Enea AB (publ) (EED5) | $1.68 Billion | -32.76% | 0.54x | $64.25 Million |
| Exasol AG (EXL) | $0.00 | 0.00% | 0.00x | $37.72 Million |