VOESTALPINE ADR 1/5/O.N. (VASS) - Net Assets
Based on the latest financial reports, VOESTALPINE ADR 1/5/O.N. (VASS) has net assets worth €7.61 Billion EUR (≈ $8.90 Billion USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€15.22 Billion ≈ $17.79 Billion USD) and total liabilities (€7.61 Billion ≈ $8.89 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. Explore cash flow conversion of VOESTALPINE ADR 1/5/O.N. to assess how effectively this company generates cash.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €7.61 Billion |
| % of Total Assets | 50.02% |
| Annual Growth Rate | 2.23% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 5.46 |
VOESTALPINE ADR 1/5/O.N. - Net Assets Trend (2022–2025)
This chart illustrates how VOESTALPINE ADR 1/5/O.N.'s net assets have evolved over time, based on quarterly financial data. Also explore VOESTALPINE ADR 1/5/O.N. balance sheet assets for the complete picture of this company's asset base.
Annual Net Assets for VOESTALPINE ADR 1/5/O.N. (2022–2025)
The table below shows the annual net assets of VOESTALPINE ADR 1/5/O.N. from 2022 to 2025. For live valuation and market cap data, see VOESTALPINE ADR 1/5/O.N. market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | €7.46 Billion ≈ $8.73 Billion |
-0.47% |
| 2024-03-31 | €7.50 Billion ≈ $8.77 Billion |
-2.43% |
| 2023-03-31 | €7.69 Billion ≈ $8.99 Billion |
+10.00% |
| 2022-03-31 | €6.99 Billion ≈ $8.17 Billion |
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Equity Component Analysis
This analysis shows how different components contribute to VOESTALPINE ADR 1/5/O.N.'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 grown by 13.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €6.66 Billion | 92.18% |
| Other Components | €565.20 Million | 7.82% |
| Total Equity | €7.22 Billion | 100.00% |
VOESTALPINE ADR 1/5/O.N. Competitors by Market Cap
The table below lists competitors of VOESTALPINE ADR 1/5/O.N. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Zhejiang Hailiang Co Ltd
SHE:002203
|
$6.39 Billion |
|
Shenzhen Chengxin Lithium Group Co Ltd
SHE:002240
|
$6.39 Billion |
|
Vornado Realty Trust
NYSE:VNO
|
$6.40 Billion |
|
TPG Inc
NASDAQ:TPG
|
$6.40 Billion |
|
Uranium Energy Corp
NYSE MKT:UEC
|
$6.38 Billion |
|
ConAgra Foods Inc
NYSE:CAG
|
$6.38 Billion |
|
IOI Corporation Bhd
KLSE:1961
|
$6.38 Billion |
|
WPG Holdings Ltd
TW:3702
|
$6.37 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in VOESTALPINE ADR 1/5/O.N.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 7,188,400,000 to 7,224,800,000, a change of 36,400,000 (0.5%).
- Net income of 153,500,000 contributed positively to equity growth.
- Dividend payments of 120,000,000 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €153.50 Million | +2.12% |
| Dividends Paid | €120.00 Million | -1.66% |
| Other Changes | €2.90 Million | +0.04% |
| Total Change | €- | 0.51% |
Book Value vs Market Value Analysis
This analysis compares VOESTALPINE ADR 1/5/O.N.'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: 0.20x
- 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 |
|---|---|---|---|
| 2022-03-31 | €38.28 | €8.55 | x |
| 2023-03-31 | €43.13 | €8.55 | x |
| 2024-03-31 | €41.93 | €8.55 | x |
| 2025-03-31 | €42.14 | €8.55 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently VOESTALPINE ADR 1/5/O.N. 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): 2.12%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.97%
- • Asset Turnover: 1.00x
- • Equity Multiplier: 2.18x
- Recent ROE (2.12%) is below the historical average (9.21%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2022 | 19.02% | 8.71% | 0.88x | 2.48x | €616.29 Million |
| 2023 | 14.30% | 5.84% | 1.07x | 2.29x | €320.01 Million |
| 2024 | 1.40% | 0.60% | 1.01x | 2.30x | €-618.04 Million |
| 2025 | 2.12% | 0.97% | 1.00x | 2.18x | €-568.98 Million |
Industry Comparison
This section compares VOESTALPINE ADR 1/5/O.N.'s net assets metrics with peer companies in the Steel industry.
Industry Context
- Industry: Steel
- Average net assets among peers: $23,476,486,700
- Average return on equity (ROE) among peers: 9.47%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| VOESTALPINE ADR 1/5/O.N. (VASS) | €7.61 Billion | 19.02% | 1.00x | $6.39 Billion |
| Tiangong International Company Limited (34T1) | $3.88 Billion | 1.87% | 1.16x | $1.09 Billion |
| Zanaga Iron Ore Company Limited (6ZA) | $37.58 Million | -4.85% | 0.00x | $22.87 Million |
| Aperam SA (7AA) | $3.39 Billion | 18.43% | 0.84x | $3.49 Billion |
| APERAM S.A. NY SHS/1 O.N. (7AAN) | $3.21 Billion | 0.28% | 0.61x | $3.49 Billion |
| ACERINOX ADR 1/2/EO-25 (ACE) | $2.46 Billion | 9.26% | 1.48x | $3.22 Billion |
| ArcelorMittal SA (ARRD) | $7.59 Billion | 61.94% | 1.52x | $39.90 Billion |
| BCI Minerals Limited (BC3) | $431.46 Million | 2.17% | 0.43x | $628.64 Million |
| Chongqing Iron & Steel Company Limited (CGP) | $19.40 Billion | 4.77% | 0.39x | $66.69 Million |
| Da Ming International Holdings Limited (DM7) | $2.84 Billion | -1.25% | 3.38x | $95.52 Million |
| EREGLI DEM CEL FABR DL1 (EDVA) | $191.53 Billion | 2.11% | 0.62x | $3.00 Billion |
About VOESTALPINE ADR 1/5/O.N.
Voestalpine AG processes, develops, manufactures, and sells steel products in Austria, European Union, and internationally. It operates through five divisions: Steel Division, High Performance Metals Division, Metal Engineering Division, Metal Forming Division, and Holding & Group Services. The Steel division produces hot and cold-rolled steel strips, as well as electrogalvanized, hot-dip galvani… Read more