Beta Systems Software AG (SPT6) - Net Assets
Based on the latest financial reports, Beta Systems Software AG (SPT6) has net assets worth €82.84 Million EUR (≈ $96.85 Million USD) 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 ≈ $97.19 Million USD) and total liabilities (€293.25K ≈ $342.84K 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 resilient are Beta Systems Software AG's assets to evaluate the company's liquid asset resilience ratio.
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. Also explore SPT6 current and non-current assets for the complete picture of this company's asset base.
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. For live valuation and market cap data, see Beta Systems Software AG (SPT6) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 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 |
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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 |
|---|---|
|
Bursa De Valori Bucuresti SA
RO:BVB
|
$106.81 Million |
|
Jay Bharat Maruti Limited
NSE:JAYBARMARU
|
$106.84 Million |
|
Ultralife Corporation
NASDAQ:ULBI
|
$106.85 Million |
|
YONGHE MED.GR.DL-0000025
F:L97
|
$106.95 Million |
|
UVAT Technology Co Ltd
TWO:3580
|
$106.75 Million |
|
Pioneer Diversified High IT
NYSE MKT:HNW
|
$106.73 Million |
|
Seah Spe Steel
KO:019440
|
$106.71 Million |
|
Tunghsu Azure Renewable Energy Co Ltd
SHE:000040
|
$106.61 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: 0.51x
- 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.
- The price-to-book ratio has increased from 0.40x to 0.51x 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 | €25.00 | x |
| 2018-12-31 | €61.46 | €25.00 | x |
| 2019-12-31 | €77.42 | €25.00 | x |
| 2020-12-31 | €68.75 | €25.00 | x |
| 2021-12-31 | €68.73 | €25.00 | x |
| 2022-12-31 | €43.25 | €25.00 | x |
| 2023-12-31 | €49.47 | €25.00 | 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): -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: $1,130,757,538
- Average return on equity (ROE) among peers: -10.70%
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 | $106.76 Million |
| StoneCo Ltd (0Q0) | $5.97 Billion | 13.45% | 2.28x | $2.65 Billion |
| Endava plc (2Y5) | $571.31 Million | 16.48% | 0.35x | $161.21 Million |
| NOWVERTICAL GROUP INC. (5XQ) | $10.76 Million | -128.78% | 0.96x | $11.72 Million |
| ADVENICA AB (65R) | $101.61 Million | 7.92% | 1.22x | $58.07 Million |
| OVH GROUPE UNSP.ADR/1/2 (7U70) | $468.35 Million | -6.10% | 2.08x | $1.16 Billion |
| COGNYTE SOFTWARE LTD (81M) | $214.73 Million | -7.25% | 1.20x | $566.87 Million |
| DETALION GAMES SA ZY -10 (9XJ) | $1.33 Million | -21.59% | 0.16x | $655.84K |
| EML Payments Ltd (A8Y1) | $437.12 Million | -1.10% | 5.14x | $112.62 Million |
| Amdocs Limited (AOS) | $3.40 Billion | 12.43% | 0.53x | $6.03 Billion |
| BOKU INC. REG S DL-0001 (B04) | $133.53 Million | 7.55% | 1.81x | $597.76 Million |
About 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.