Gelsenwasser AG (WWG) - Net Assets
Based on the latest financial reports, Gelsenwasser AG (WWG) has net assets worth €1.04 Billion EUR (≈ $1.21 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 (€2.94 Billion ≈ $3.44 Billion USD) and total liabilities (€1.91 Billion ≈ $2.23 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 WWG financial resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €1.04 Billion |
| % of Total Assets | 35.16% |
| Annual Growth Rate | 3.04% |
| 5-Year Change | 33.13% |
| 10-Year Change | 43.8% |
| Growth Volatility | 4.46 |
Gelsenwasser AG - Net Assets Trend (2013–2024)
This chart illustrates how Gelsenwasser AG's net assets have evolved over time, based on quarterly financial data. Also explore Gelsenwasser AG assets under control for the complete picture of this company's asset base.
Annual Net Assets for Gelsenwasser AG (2013–2024)
The table below shows the annual net assets of Gelsenwasser AG from 2013 to 2024. For live valuation and market cap data, see Gelsenwasser AG stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €1.05 Billion ≈ $1.23 Billion |
+9.07% |
| 2023-12-31 | €960.80 Million ≈ $1.12 Billion |
+1.77% |
| 2022-12-31 | €944.10 Million ≈ $1.10 Billion |
+10.93% |
| 2021-12-31 | €851.10 Million ≈ $995.03 Million |
+8.13% |
| 2020-12-31 | €787.10 Million ≈ $920.20 Million |
-0.24% |
| 2019-12-31 | €789.00 Million ≈ $922.42 Million |
+1.28% |
| 2018-12-31 | €779.00 Million ≈ $910.73 Million |
+3.59% |
| 2017-12-31 | €752.00 Million ≈ $879.17 Million |
+1.61% |
| 2016-12-31 | €740.10 Million ≈ $865.25 Million |
+1.56% |
| 2015-12-31 | €728.70 Million ≈ $851.93 Million |
+2.35% |
| 2014-12-31 | €712.00 Million ≈ $832.40 Million |
-5.58% |
| 2013-12-31 | €754.10 Million ≈ $881.62 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Gelsenwasser 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 grown by 48.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €907.10 Million | 86.66% |
| Other Components | €139.60 Million | 13.34% |
| Total Equity | €1.05 Billion | 100.00% |
Gelsenwasser AG Competitors by Market Cap
The table below lists competitors of Gelsenwasser AG ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
AT & S Austria Technologie & Systemtechnik Aktiengesellschaft
VI:ATS
|
$1.87 Billion |
|
AUTOHOME INC. A DL -01
F:8AHA
|
$1.88 Billion |
|
Omnicell Inc
NASDAQ:OMCL
|
$1.88 Billion |
|
Far Eastern International Bank
TW:2845
|
$1.88 Billion |
|
BioCryst Pharmaceuticals Inc
NASDAQ:BCRX
|
$1.87 Billion |
|
Tianrun Crankshaft Co Ltd
SHE:002283
|
$1.87 Billion |
|
Shanghai DaZhong Public Utilities Group Co Ltd
SHG:600635
|
$1.87 Billion |
|
Nanhua Futures Co Ltd
SHG:603093
|
$1.87 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Gelsenwasser AG's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 959,600,000 to 1,046,700,000, a change of 87,100,000 (9.1%).
- Net income of 117,200,000 contributed positively to equity growth.
- Share repurchases of 87,000,000 reduced equity.
- Other factors increased equity by 56,900,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €117.20 Million | +11.2% |
| Share Repurchases | €87.00 Million | -8.31% |
| Other Changes | €56.90 Million | +5.44% |
| Total Change | €- | 9.08% |
Book Value vs Market Value Analysis
This analysis compares Gelsenwasser 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: 1.77x
- 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 2.47x to 1.77x 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 | €218.41 | €540.00 | x |
| 2018-12-31 | €226.27 | €540.00 | x |
| 2019-12-31 | €229.18 | €540.00 | x |
| 2020-12-31 | €228.63 | €540.00 | x |
| 2021-12-31 | €247.24 | €540.00 | x |
| 2022-12-31 | €274.30 | €540.00 | x |
| 2023-12-31 | €279.16 | €540.00 | x |
| 2024-12-31 | €304.49 | €540.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Gelsenwasser 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): 11.20%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.96%
- • Asset Turnover: 0.99x
- • Equity Multiplier: 2.86x
- Recent ROE (11.20%) is below the historical average (12.65%), 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 | 11.87% | 7.56% | 0.79x | 1.99x | €14.11 Million |
| 2014 | 13.07% | 10.23% | 0.58x | 2.20x | €21.82 Million |
| 2015 | 11.59% | 8.40% | 0.64x | 2.15x | €11.55 Million |
| 2016 | 14.77% | 10.49% | 0.65x | 2.18x | €35.21 Million |
| 2017 | 12.29% | 7.63% | 0.75x | 2.16x | €17.22 Million |
| 2018 | 14.00% | 6.17% | 1.00x | 2.27x | €31.12 Million |
| 2019 | 15.03% | 6.11% | 0.86x | 2.87x | €39.62 Million |
| 2020 | 12.04% | 5.52% | 0.78x | 2.79x | €16.01 Million |
| 2021 | 13.45% | 1.81% | 0.81x | 9.11x | €29.31 Million |
| 2022 | 8.70% | 0.61% | 2.13x | 6.65x | €-12.29 Million |
| 2023 | 13.81% | 3.27% | 1.02x | 4.12x | €36.54 Million |
| 2024 | 11.20% | 3.96% | 0.99x | 2.86x | €12.53 Million |
Industry Comparison
This section compares Gelsenwasser AG's net assets metrics with peer companies in the Utilities - Diversified industry.
Industry Context
- Industry: Utilities - Diversified
- Average net assets among peers: $15,333,445,000
- Average return on equity (ROE) among peers: -55.26%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Gelsenwasser AG (WWG) | €1.04 Billion | 11.87% | 1.84x | $1.87 Billion |
| Companhia Energética de Minas Gerais (CID) | $12.93 Billion | 2.58% | 2.25x | $4.63 Billion |
| CIA EN.GER. ADR 1 (CIDS) | $24.66 Billion | 23.38% | 1.23x | $3.31 Billion |
| EnBW Energie Baden-Württemberg AG (EBK) | $2.39 Billion | -1.30% | 9.08x | $22.58 Billion |
| EDP-ENERG.PORTUG. ADR/10 (EDPA) | $13.98 Billion | 4.70% | 2.65x | $19.10 Billion |
| Enel SpA (ENLA) | $47.85 Billion | 10.01% | 2.46x | $98.17 Billion |
| E.ON SE (EOAA) | $1.29 Billion | -656.57% | 48.49x | $51.50 Billion |
| E.ON SE (EOAN) | $17.89 Billion | 26.22% | 5.69x | $52.11 Billion |
| Lechwerke AG (LEC) | $553.36 Million | 21.85% | 2.14x | $2.50 Billion |
| MVV Energie AG (MVV1) | $2.51 Billion | 7.28% | 2.13x | $2.09 Billion |
| RWE AG (RWE) | $29.28 Billion | 9.28% | 3.73x | $38.05 Billion |
About Gelsenwasser AG
Gelsenwasser AG engages in the water, energy, and service businesses in Germany, the Czech Republic, and Poland. It operates through Water, Wastewater, Energy Networks, Energy Procurement & Sales, and Investments and Projects segments. The company engages in the purchase, production, sale, and transport, and distribution of drinking water; investment in municipal utilities; planning, construction… Read more