Beta Systems Software AG (SPT6) - Net Assets
Based on the latest financial reports, Beta Systems Software AG (SPT6) has net assets worth €31.28 Million EUR (≈ $36.57 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€65.52 Million ≈ $76.60 Million USD) and total liabilities (€34.24 Million ≈ $40.03 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 how tangible is Beta Systems Software AG's equity to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €31.28 Million |
| % of Total Assets | 47.74% |
| Annual Growth Rate | -1.13% |
| 5-Year Change | -71.42% |
| 10-Year Change | -41.66% |
| Growth Volatility | 29.77 |
Beta Systems Software AG - Net Assets Trend (2013–2025)
This chart illustrates how Beta Systems Software AG's net assets have evolved over time, based on quarterly financial data. See Beta Systems Software AG (SPT6) liquidity interval to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Beta Systems Software AG (2013–2025)
The table below shows the annual net assets of Beta Systems Software AG from 2013 to 2025. For live valuation and market cap data, see Beta Systems Software AG (SPT6) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | €31.28 Million ≈ $36.57 Million |
-82.01% |
| 2023-12-31 | €173.92 Million ≈ $203.33 Million |
+14.37% |
| 2022-12-31 | €152.07 Million ≈ $177.79 Million |
+11.21% |
| 2021-12-31 | €136.74 Million ≈ $159.86 Million |
+24.94% |
| 2020-12-31 | €109.45 Million ≈ $127.96 Million |
+16.95% |
| 2019-12-31 | €93.59 Million ≈ $109.41 Million |
+25.58% |
| 2018-12-31 | €74.53 Million ≈ $87.13 Million |
-1.83% |
| 2017-12-31 | €75.91 Million ≈ $88.75 Million |
+28.13% |
| 2016-12-31 | €59.25 Million ≈ $69.27 Million |
+10.49% |
| 2015-12-31 | €53.62 Million ≈ $62.69 Million |
+23.38% |
| 2014-12-31 | €43.46 Million ≈ $50.81 Million |
+21.21% |
| 2013-12-31 | €35.86 Million ≈ $41.92 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 15.2% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €15.40 Million | 49.23% |
| Other Components | €15.88 Million | 50.77% |
| Total Equity | €31.28 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 |
|---|---|
|
Range Capital Acquisition Corp. Ordinary Shares
NASDAQ:RANG
|
$168.39 Million |
|
Duxton Water Ltd
AU:D2O
|
$168.40 Million |
|
Optical Cable Corporation
NASDAQ:OCC
|
$168.40 Million |
|
Smart Gunes Enerjisi Teknolojileri Arastirma Gelistirme Uretim Sanayi ve Ticaret
IS:SMRTG
|
$168.41 Million |
|
Paloma Acquisition Corp I Class A Ordinary Shares
NASDAQ:PALO
|
$168.09 Million |
|
Aftermath Silver Ltd
V:AAG
|
$168.05 Million |
|
Invicta
JSE:IVT
|
$168.04 Million |
|
GOLFZON Co. Ltd
KQ:215000
|
$167.87 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 2023 to 2025, total equity changed from 173,922,037 to 31,281,387, a change of -142,640,650 (-82.0%).
- Net loss of 58,476,358 reduced equity.
- Other factors decreased equity by 84,164,293.
Equity Change Factors (2023 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-58.48 Million | -186.94% |
| Other Changes | €-84.16 Million | -269.06% |
| Total Change | €- | -82.01% |
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: 5.22x
- 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 increased from 0.42x to 5.22x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | €62.60 | €26.00 | x |
| 2018-12-31 | €61.46 | €26.00 | x |
| 2019-12-31 | €77.42 | €26.00 | x |
| 2020-12-31 | €68.75 | €26.00 | x |
| 2021-12-31 | €68.73 | €26.00 | x |
| 2022-12-31 | €43.25 | €26.00 | x |
| 2023-12-31 | €49.47 | €26.00 | x |
| 2025-12-31 | €4.98 | €26.00 | 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): -186.94%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -200.75%
- • Asset Turnover: 0.44x
- • Equity Multiplier: 2.09x
- Recent ROE (-186.94%) is below the historical average (-11.00%), 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 |
| 2025 | -186.94% | -200.75% | 0.44x | 2.09x | €-61.60 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: $1,984,155,450
- Average return on equity (ROE) among peers: -79.30%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Beta Systems Software AG (SPT6) | €31.28 Million | 9.46% | 1.09x | $168.30 Million |
| StoneCo Ltd (0Q0) | $11.03 Billion | 21.02% | 4.65x | $2.41 Billion |
| ADYEN NV UNSP.ADR/001 (1N8U) | $3.15 Billion | 22.16% | 2.04x | $30.86 Billion |
| QBRICK AB (PUBL) (2A8) | $14.23 Million | -86.06% | 1.11x | $21.85K |
| Endava plc (2Y5) | $236.33 Million | 9.06% | 0.53x | $110.08 Million |
| VIVOPOWER INTL. DL -012 (51J) | $3.75 Million | -650.16% | 15.40x | $42.65 Million |
| NOWVERTICAL GROUP INC. (5XQ) | $10.76 Million | -128.78% | 0.96x | $8.42 Million |
| ADVENICA AB (65R) | $97.79 Million | -2.03% | 0.83x | $89.27 Million |
| BAIRONG INC.CL.B -00002 (6B5) | $4.31 Billion | 5.56% | 0.22x | $240.13 Million |
| XPLUS SA ZY -01 (75R) | $20.49 Million | 31.41% | 0.94x | $31.62 Million |
| TUYA INC.ADR/1A (785) | $962.17 Million | -15.19% | 0.10x | $1.11 Billion |
About Beta Systems Software AG
Beta Systems Software Aktiengesellschaft 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. Beta Systems Software Aktiengesellschaftis based in Heidelberg, Germany. Beta Systems Software Aktiengesellschaft operates as a … Read more