TUI AG (TUI1) - Net Assets
Based on the latest financial reports, TUI AG (TUI1) has net assets worth €1.61 Billion EUR (≈ $1.89 Billion USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€18.98 Billion ≈ $22.19 Billion USD) and total liabilities (€17.37 Billion ≈ $20.31 Billion 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 tangible equity quality of TUI AG to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €1.61 Billion |
| % of Total Assets | 8.49% |
| Annual Growth Rate | -3.49% |
| 5-Year Change | 713.53% |
| 10-Year Change | -26.6% |
| Growth Volatility | 122.3 |
TUI AG - Net Assets Trend (2014–2024)
This chart illustrates how TUI AG's net assets have evolved over time, based on quarterly financial data. See TUI AG (TUI1) liquidity interval to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for TUI AG (2014–2024)
The table below shows the annual net assets of TUI AG from 2014 to 2024. For live valuation and market cap data, see market value of TUI AG.
| Year | Net Assets | Change |
|---|---|---|
| 2024-09-30 | €1.77 Billion ≈ $2.07 Billion |
-8.88% |
| 2023-09-30 | €1.95 Billion ≈ $2.28 Billion |
+201.56% |
| 2022-09-30 | €645.70 Million ≈ $754.89 Million |
+254.29% |
| 2021-09-30 | €-418.50 Million ≈ $-489.27 Million |
-291.88% |
| 2020-09-30 | €218.10 Million ≈ $254.98 Million |
-94.76% |
| 2019-09-30 | €4.17 Billion ≈ $4.87 Billion |
-3.88% |
| 2018-09-30 | €4.33 Billion ≈ $5.07 Billion |
+22.64% |
| 2017-09-30 | €3.53 Billion ≈ $4.13 Billion |
+8.79% |
| 2016-09-30 | €3.25 Billion ≈ $3.80 Billion |
+34.37% |
| 2015-09-30 | €2.42 Billion ≈ $2.83 Billion |
-4.46% |
| 2014-09-30 | €2.53 Billion ≈ $2.96 Billion |
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Equity Component Analysis
This analysis shows how different components contribute to TUI 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 100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (September 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €956.40 Million | 100.00% |
| Total Equity | €956.40 Million | 100.00% |
TUI AG Competitors by Market Cap
The table below lists competitors of TUI AG ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
GRUPO SIM. S.A.B. B ADR/3
F:GSM
|
$4.03 Billion |
|
First Capital Securities Co Ltd Class A
SHE:002797
|
$4.03 Billion |
|
GlaxoSmithKline Pharmaceuticals Limited
NSE:GLAXO
|
$4.04 Billion |
|
Just Eat Takeaway
AS:TKWY
|
$4.04 Billion |
|
Wuxi Nce Power Co Ltd
SHG:605111
|
$4.03 Billion |
|
Shanghai Xinmei Real Estate Co Ltd Class A
SHG:600732
|
$4.03 Billion |
|
Sona BLW Precision Forgings Limited
NSE:SONACOMS
|
$4.03 Billion |
|
Baoding Heavy Industry Co Ltd
SHE:002552
|
$4.03 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in TUI AG's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,122,900,000 to 956,400,000, a change of -166,500,000 (-14.8%).
- Net income of 507,100,000 contributed positively to equity growth.
- Share repurchases of 1,200,000 reduced equity.
- New share issuances of 101,800,000 increased equity.
- Other factors decreased equity by 774,200,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €507.10 Million | +53.02% |
| Share Repurchases | €1.20 Million | -0.13% |
| Share Issuances | €101.80 Million | +10.64% |
| Other Changes | €-774.20 Million | -80.95% |
| Total Change | €- | -14.83% |
Book Value vs Market Value Analysis
This analysis compares TUI 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: 3.87x
- 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 0.14x to 3.87x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2014-09-30 | €51.90 | €7.30 | x |
| 2015-09-30 | €20.74 | €7.30 | x |
| 2016-09-30 | €25.73 | €7.30 | x |
| 2017-09-30 | €62.78 | €7.30 | x |
| 2018-09-30 | €78.91 | €7.30 | x |
| 2019-09-30 | €73.56 | €7.30 | x |
| 2020-09-30 | €-5.16 | €7.30 | x |
| 2021-09-30 | €-11.21 | €7.30 | x |
| 2022-09-30 | €-0.84 | €7.30 | x |
| 2023-09-30 | €2.21 | €7.30 | x |
| 2024-09-30 | €1.88 | €7.30 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently TUI 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): 53.02%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.19%
- • Asset Turnover: 1.33x
- • Equity Multiplier: 18.21x
- Recent ROE (53.02%) is above the historical average (17.67%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 3.74% | 0.49% | 1.32x | 5.79x | €-151.58 Million |
| 2015 | 17.79% | 1.94% | 1.24x | 7.36x | €149.06 Million |
| 2016 | 38.78% | 6.04% | 1.19x | 5.40x | €769.89 Million |
| 2017 | 21.93% | 3.48% | 1.31x | 4.83x | €350.83 Million |
| 2018 | 19.81% | 3.75% | 1.25x | 4.22x | €362.69 Million |
| 2019 | 12.05% | 2.20% | 1.16x | 4.71x | €70.81 Million |
| 2020 | 0.00% | -39.63% | 0.52x | 0.00x | €-3.10 Billion |
| 2021 | 0.00% | -52.14% | 0.33x | 0.00x | €-2.36 Billion |
| 2022 | 0.00% | -1.68% | 1.08x | 0.00x | €-263.14 Million |
| 2023 | 27.23% | 1.48% | 1.28x | 14.38x | €193.51 Million |
| 2024 | 53.02% | 2.19% | 1.33x | 18.21x | €411.46 Million |
Industry Comparison
This section compares TUI AG's net assets metrics with peer companies in the Travel Services industry.
Industry Context
- Industry: Travel Services
- Average net assets among peers: $29,712,270,986
- Average return on equity (ROE) among peers: -25.29%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| TUI AG (TUI1) | €1.61 Billion | 3.74% | 10.77x | $4.03 Billion |
| Lastminute.com NV (09B) | $63.06 Million | -15.24% | 5.46x | $143.20 Million |
| Tuniu Corporation (0TUA) | $1.35 Billion | -96.88% | 1.37x | $6.32 Million |
| aovo Touristik AG (A8N) | $755.88K | -102.73% | 4.65x | $2.97 Million |
| Trip.com Group Limited (CLV) | $123.01 Billion | 8.06% | 0.78x | $28.08 Billion |
| TRIP.COM GROUP DL-00125 (CLVB) | $123.01 Billion | 8.06% | 0.78x | $28.46 Billion |
| EDREAMS ODIGEO UNS.ADR/10 (K0I) | $250.25 Million | 18.01% | 3.64x | $348.18 Million |
| MakeMyTrip Limited (MY1) | $862.29 Million | -51.93% | 0.26x | $4.08 Billion |
| Carnival Corporation & plc (POH1) | $24.20 Billion | 5.02% | 0.63x | $3.90 Billion |
| Tongcheng Travel Holdings Ltd (TEM) | $-5.33 Billion | 0.00% | 0.00x | $4.16 Billion |
About TUI AG
TUI AG, together with its subsidiaries, provides tourism services worldwide. The company operates hotels and resorts under the Mora, Royalton, Riu, Robinson, TUI Blue, TUI Magic Life, Atlantica, Grupotel, Iberotel, Akra, TUI Suneo, and AQI brands; and cruise under the Mein Schiff, Hapag-Lloyd Cruises, and Marella brands. It also provides online market for tours and activities, including experienc… Read more