Vectron Systems AG
Vectron Systems AG provides POS systems, POS software, and digital and cloud based services worldwide. It offers stationary and mobile POS systems; POS PC, a POS system software; posmatic, an iPad POS system; Vectron Commander, a software for branch management and data maintenance; Vectron Journal Tool, a POS tool for evaluating and archiving journal data; and Vectron Contacts, a contact and invo… Read more
Vectron Systems AG (V3S) - Net Assets
Latest net assets as of June 2024: €17.84 Million EUR
Based on the latest financial reports, Vectron Systems AG (V3S) has net assets worth €17.84 Million EUR as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€57.18 Million) and total liabilities (€39.34 Million). 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 | €17.84 Million |
| % of Total Assets | 31.2% |
| Annual Growth Rate | 7.4% |
| 5-Year Change | 43.09% |
| 10-Year Change | 102.69% |
| Growth Volatility | 37.78 |
Vectron Systems AG - Net Assets Trend (2013–2023)
This chart illustrates how Vectron Systems 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 Vectron Systems AG (2013–2023)
The table below shows the annual net assets of Vectron Systems AG from 2013 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | €19.77 Million | -3.43% |
| 2022-12-31 | €20.47 Million | -19.89% |
| 2021-12-31 | €25.55 Million | +12.17% |
| 2020-12-31 | €22.78 Million | +64.90% |
| 2019-12-31 | €13.81 Million | +36.33% |
| 2018-12-31 | €10.13 Million | -29.34% |
| 2017-12-31 | €14.34 Million | -3.58% |
| 2016-12-31 | €14.87 Million | +92.52% |
| 2015-12-31 | €7.72 Million | -20.79% |
| 2014-12-31 | €9.75 Million | +0.74% |
| 2013-12-31 | €9.68 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Vectron Systems 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 1055.5% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €28.56 Million | 144.49% |
| Total Equity | €19.77 Million | 100.00% |
Vectron Systems AG Competitors by Market Cap
The table below lists competitors of Vectron Systems AG ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Easy Field
TWO:6425
|
$61.87 Million |
|
MediciNova Inc
NASDAQ:MNOV
|
$61.88 Million |
|
China Ecotek Corp
TW:1535
|
$61.88 Million |
|
Clover Leaf Capital Corp
PINK:CLOE
|
$61.91 Million |
|
Deutsche Konsum REIT AG
XETRA:DKG
|
$61.85 Million |
|
Groupe Minoteries SA
SW:GMI
|
$61.81 Million |
|
WEALTHKING INV. HD-10
F:C2I0
|
$61.81 Million |
|
Romande Energie Holding S.A.
LSE:0QQG
|
$61.80 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Vectron Systems AG's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 20,469,000 to 19,766,000, a change of -703,000 (-3.4%).
- Net loss of 778,000 reduced equity.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-778.00K | -3.94% |
| Other Changes | €75.00K | +0.38% |
| Total Change | €- | -3.43% |
Book Value vs Market Value Analysis
This analysis compares Vectron Systems 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: 5.20x
- 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 5.88x to 5.20x 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 | €2.17 | €12.75 | x |
| 2018-12-31 | €1.53 | €12.75 | x |
| 2019-12-31 | €1.89 | €12.75 | x |
| 2020-12-31 | €2.83 | €12.75 | x |
| 2021-12-31 | €3.17 | €12.75 | x |
| 2022-12-31 | €2.54 | €12.75 | x |
| 2023-12-31 | €2.45 | €12.75 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Vectron Systems 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): -3.94%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -2.10%
- • Asset Turnover: 0.67x
- • Equity Multiplier: 2.81x
- Recent ROE (-3.94%) is below the historical average (-2.37%), 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 | 7.61% | 3.22% | 1.73x | 1.37x | €-230.93K |
| 2014 | 7.81% | 3.27% | 1.73x | 1.38x | €-213.16K |
| 2015 | 15.32% | 4.39% | 1.39x | 2.51x | €410.62K |
| 2016 | 13.21% | 5.83% | 1.37x | 1.65x | €477.60K |
| 2017 | 7.50% | 3.32% | 1.51x | 1.50x | €-358.63K |
| 2018 | -38.26% | -15.61% | 1.00x | 2.45x | €-4.89 Million |
| 2019 | -10.08% | -5.53% | 0.94x | 1.93x | €-2.77 Million |
| 2020 | -9.07% | -7.44% | 1.01x | 1.21x | €-4.34 Million |
| 2021 | 9.54% | 6.38% | 0.80x | 1.87x | €-118.20K |
| 2022 | -25.75% | -20.90% | 0.30x | 4.07x | €-7.32 Million |
| 2023 | -3.94% | -2.10% | 0.67x | 2.81x | €-2.75 Million |
Industry Comparison
This section compares Vectron Systems AG's net assets metrics with peer companies in the same industry.
Industry Context
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Vectron Systems AG (V3S) | €17.84 Million | 7.61% | 2.20x | $61.86 Million |
| Hanna Capital Corp (04U1) | $-79.29K | 0.00% | 0.00x | $116.52K |
| WESTMINSTER RES (08W) | $4.66 Million | -31.33% | 0.12x | $5.16 Million |
| Axonics Inc (0I3) | $570.14 Million | -10.47% | 0.16x | $3.29 Billion |
| Global Bioenergies SA (1DK) | $14.81 Million | -86.04% | 0.89x | $369.68K |
| GIEAG Immobilien AG (2GI) | $41.80 Million | 40.21% | 8.93x | $15.57K |
| 2invest AG (2INV) | $82.61 Million | -2.29% | 0.06x | $13.67 Million |
| PT Central Proteina Prima Tbk (4PT) | $3.42 Trillion | 11.74% | 1.00x | $6.90 Million |
| DGH Deutsche Grundwert Holding AG (5TR) | $0.00 | 0.00% | 0.00x | $18.45K |
| SOFTCHOICE CORP. (90Q) | $58.23 Million | -19.76% | 10.01x | $470.36 Million |
| ALBA SE (ABA) | $142.95 Million | 5.25% | 0.45x | $5.10 Million |