Veganz Group AG (VEZ) - 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. Read VEZ total debt and obligations for a breakdown of total debt and financial obligations.
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 |
Veganz Group AG - Net Assets Trend (2019–2024)
This chart illustrates how Veganz Group AG's net assets have evolved over time, based on quarterly financial data. Also explore VEZ total assets for the complete picture of this company's asset base.
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 valuation and market cap data, see VEZ market cap.
| 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.
Current Equity Component Breakdown (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 |
|---|---|
|
Dominion Minerals Ltd
AU:DLM
|
$5.27 Million |
|
Envy Technologies Indonesia Tbk PT
JK:ENVY
|
$5.27 Million |
|
Redsense Medical AB
ST:REDS
|
$5.27 Million |
|
FEEDBACK PLC LS-5
F:GZM0
|
$5.28 Million |
|
Kingman Minerals Ltd
V:KGS
|
$5.26 Million |
|
West Cobar Metals Ltd
AU:WC1
|
$5.26 Million |
|
Collplant Biotechnologies Ltd
NASDAQ:CLGN
|
$5.26 Million |
|
Bryah Resources Ltd
AU:BYH
|
$5.26 Million |
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: 2.43x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 20.70x to 2.43x 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 | €3.27 | x |
| 2020-12-31 | €0.00 | €3.27 | x |
| 2021-12-31 | €22.09 | €3.27 | x |
| 2022-12-31 | €13.07 | €3.27 | x |
| 2023-12-31 | €5.05 | €3.27 | x |
| 2024-12-31 | €1.35 | €3.27 | 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: $2,603,401,105
- Average return on equity (ROE) among peers: -23.18%
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 | $5.26 Million |
| COFCO Joycome Foods Limited (0M7) | $4.95 Billion | 8.99% | 0.80x | $749.96 Million |
| Nomad Foods Limited (0NH) | $1.85 Billion | 7.37% | 1.48x | $1.38 Billion |
| DaChan Food (Asia) Limited (3DS) | $2.27 Billion | 6.85% | 0.52x | $67.72 Million |
| JATCORP LTD. (3J2) | $10.44 Million | -42.89% | 1.52x | $8.34 Million |
| PSYCHED WELLNESS LTD (5U9) | $6.20 Million | -72.49% | 0.03x | $2.29 Million |
| BOOSH PLANT-BASED BRANDS (77I) | $7.98 Million | -101.01% | 0.40x | $118.63K |
| ELEMENT NUTR.SCIENCES (93X) | $-5.94 Million | 0.00% | 0.00x | $2.73 Million |
| Danone SA (BSND) | $17.38 Billion | 11.07% | 1.61x | $42.57 Billion |
| China Yurun Food Group Limited (C7Y) | $-494.59 Million | 0.00% | 0.00x | $19.18 Million |
| DAVIDsTEA Inc (DAT) | $67.46 Million | -49.72% | 0.82x | $17.53 Million |
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