Veganz Group AG Net Assets
Veganz Group AG net assets. Based on the latest financial reports, Veganz Group AG (VEZ) has net assets worth €1.69 Million EUR (≈ $1.97 Million USD) as of December 2024. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€22.33 Million ≈ $26.11 Million USD) and total liabilities (€20.64 Million ≈ $24.14 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. Also explore how fast is Veganz Group AG growing its equity to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €1.69 Million |
| % of Total Assets | 7.56% |
| Annual Growth Rate | 54.23% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 21.65 |
Net Assets of Veganz Group AG (2019–2024)
Net assets of Veganz Group AG from 2019 to 2024. This chart illustrates how Veganz Group AG's net assets have evolved over time, based on quarterly financial data. See Veganz Group AG balance sheet independence to measure how much of total assets are equity-financed.
Annual Net Assets for Veganz Group AG (2019–2024)
The table below shows the annual net assets of Veganz Group AG from 2019 to 2024. For live market cap and overall valuation, see Veganz Group AG market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €1.69 Million ≈ $1.97 Million |
-74.08% |
| 2023-12-31 | €6.51 Million ≈ $7.61 Million |
-59.28% |
| 2022-12-31 | €15.99 Million ≈ $18.70 Million |
-40.82% |
| 2021-12-31 | €27.03 Million ≈ $31.60 Million |
-- |
| 2020-12-31 | €0.00 ≈ $0.00 |
-- |
| 2019-12-31 | €193.28K ≈ $225.97K |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Veganz Group 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 4362183239.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Veganz Group AG Net Assets Breakdown (December 2024)
Veganz Group AG net assets breakdown by equity component as of December 2024.
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €49.55 Million | 2935.55% |
| Total Equity | €1.69 Million | 100.00% |
Veganz Group AG Competitors by Market Cap
The table below lists competitors of Veganz Group AG ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Hotel Fast SSE AB (publ)
ST:MAXENT-B
|
$792.76K |
|
Deutsche Effecten- und Wechsel-Beteiligungsgesellschaft AG
XETRA:EFF
|
$794.86K |
|
Sentul City Tbk
JK:BKSL
|
$796.03K |
|
Cyber Security 1 AB
ST:CYB1
|
$797.10K |
|
Tessin Nordic Holding AB
ST:TESSIN
|
$789.48K |
|
LABOCANNA S.A. ZY-10
F:9Y2
|
$788.53K |
|
Shree Ram Proteins Limited
NSE:SRPL
|
$787.61K |
|
Europejskie Centrum Odszkodowań SA
WAR:EUC
|
$786.01K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Veganz Group AG's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 6,512,000 to 1,688,000, a change of -4,824,000 (-74.1%).
- Net loss of 4,824,000 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-4.82 Million | -285.78% |
| Total Change | €- | -74.08% |
Book Value vs Market Value Analysis
This analysis compares Veganz Group 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: 0.36x
- 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 decreased from 3.11x to 0.36x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | €0.16 | €0.49 | x |
| 2020-12-31 | €0.00 | €0.49 | x |
| 2021-12-31 | €22.09 | €0.49 | x |
| 2022-12-31 | €13.07 | €0.49 | x |
| 2023-12-31 | €5.05 | €0.49 | x |
| 2024-12-31 | €1.35 | €0.49 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Veganz Group 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): -285.78%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -44.67%
- • Asset Turnover: 0.48x
- • Equity Multiplier: 13.23x
- Recent ROE (-285.78%) is below the historical average (-110.02%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 0.00% | -18.45% | 1.07x | 0.00x | €-4.94 Million |
| 2021 | -49.27% | -43.77% | 0.60x | 1.88x | €-16.02 Million |
| 2022 | -68.98% | -46.71% | 0.69x | 2.15x | €-12.63 Million |
| 2023 | -146.05% | -57.93% | 0.66x | 3.83x | €-10.16 Million |
| 2024 | -285.78% | -44.67% | 0.48x | 13.23x | €-4.99 Million |
Industry Comparison
This section compares Veganz Group AG's net assets metrics with peer companies in the Packaged Foods industry.
Industry Context
- Industry: Packaged Foods
- Average net assets among peers: $77,319,876,759
- Average return on equity (ROE) among peers: -117.77%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Veganz Group AG (VEZ) | €1.69 Million | 0.00% | 12.23x | $792.16K |
| COFCO Joycome Foods Limited (0M7) | $6.16 Billion | 25.55% | 1.62x | $589.25 Million |
| Nomad Foods Limited (0NH) | $2.66 Billion | 8.53% | 1.42x | $1.18 Billion |
| DaChan Food (Asia) Limited (3DS) | $1.86 Billion | 1.57% | 1.15x | $69.71 Million |
| JATCORP LTD. (3J2) | $10.44 Million | -42.89% | 1.52x | $3.42 Million |
| MEIJI HLD.UN.ADR 1/4 O.N. (3M00) | $751.31 Billion | 9.24% | 0.51x | $5.80 Billion |
| PSYCHED WELLNESS LTD (5U9) | $3.10 Million | -162.18% | 0.21x | $713.24K |
| EAT WELL INVESTMENT GROUP (6BC0) | $7.47 Million | -925.64% | 5.74x | $6.16 Million |
| BOOSH PLANT-BASED BRANDS (77I) | $7.98 Million | -101.01% | 0.40x | $101.47K |
| ELEMENT NUTR.SCIENCES (93X) | $-8.47 Million | 0.00% | 0.00x | $2.06 Million |
| ASSOC. BR. FOODS ADR 1 (AFO2) | $11.19 Billion | 9.16% | 0.72x | $15.67 Billion |
About Veganz Group AG
Planethic Group AG provides vegan food products under the Veganz brand name in Germany, Austria, and Switzerland. It offers sweets, snacks, plant-based proteins, meat, fish, and cheese alternatives and eggs. The company's products include classic no added sugar, bliss balls nougat and peanut core, coconut original, roasted hazelnut, the mini biscuit, chocolate chip muffins, cream pastry, crispy n… Read more