TietoEVRY Corp
TietoEVRY Oyj operates as a software and services company. The company operates through five segments: Tietoevry Create, Tietoevry Banking, Tietoevry Care, Tietoevry Industry, and Tietoevry Tech Services. The Tietoevry Create segment provides digital agenda to create competitive products, as well as uses design, data, and cloud technologies for data-driven businesses. This segment also offers sof… Read more
TietoEVRY Corp (TIETO) - Net Assets
Latest net assets as of June 2025: €1.00 Billion EUR
Based on the latest financial reports, TietoEVRY Corp (TIETO) has net assets worth €1.00 Billion EUR as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€2.86 Billion) and total liabilities (€1.86 Billion). 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 | €1.00 Billion |
| % of Total Assets | 34.93% |
| Annual Growth Rate | 4.81% |
| 5-Year Change | -20.18% |
| 10-Year Change | 168.81% |
| Growth Volatility | 53.22 |
TietoEVRY Corp - Net Assets Trend (2002–2024)
This chart illustrates how TietoEVRY Corp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for TietoEVRY Corp (2002–2024)
The table below shows the annual net assets of TietoEVRY Corp from 2002 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €1.30 Billion | -19.49% |
| 2023-12-31 | €1.61 Billion | -6.22% |
| 2022-12-31 | €1.72 Billion | -5.60% |
| 2021-12-31 | €1.82 Billion | +11.98% |
| 2020-12-31 | €1.63 Billion | -3.87% |
| 2019-12-31 | €1.69 Billion | +250.59% |
| 2018-12-31 | €482.50 Million | +1.45% |
| 2017-12-31 | €475.60 Million | -2.56% |
| 2016-12-31 | €488.10 Million | +1.08% |
| 2015-12-31 | €482.90 Million | +2.48% |
| 2014-12-31 | €471.20 Million | -8.36% |
| 2013-12-31 | €514.20 Million | -7.57% |
| 2012-12-31 | €556.30 Million | -1.50% |
| 2011-12-31 | €564.80 Million | +1.31% |
| 2010-12-31 | €557.50 Million | +7.56% |
| 2009-12-31 | €518.30 Million | +7.18% |
| 2008-12-31 | €483.60 Million | +1.26% |
| 2007-12-31 | €477.60 Million | -23.75% |
| 2006-12-31 | €626.40 Million | +25.05% |
| 2005-12-31 | €500.90 Million | -2.05% |
| 2004-12-31 | €511.40 Million | +6.76% |
| 2003-12-31 | €479.01 Million | +3.66% |
| 2002-12-31 | €462.11 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to TietoEVRY Corp'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 6.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €328.40 Million | 25.30% |
| Common Stock | €76.60 Million | 5.90% |
| Other Components | €893.10 Million | 68.80% |
| Total Equity | €1.30 Billion | 100.00% |
TietoEVRY Corp Competitors by Market Cap
The table below lists competitors of TietoEVRY Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Adaro Andalan Indonesia Tbk
JK:AADI
|
$1.89 Billion |
|
Getty Realty Corporation
NYSE:GTY
|
$1.89 Billion |
|
Sk Biopharmaceuticals Co Ltd
KO:326030
|
$1.89 Billion |
|
Nihon Unisys Ltd
MU:NIU
|
$1.90 Billion |
|
NAGOYA RAILROAD
F:59V
|
$1.89 Billion |
|
Logista
LSE:0QWA
|
$1.89 Billion |
|
Benchmark Electronics Inc
NYSE:BHE
|
$1.89 Billion |
|
Under Armour Inc A
NYSE:UAA
|
$1.89 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in TietoEVRY Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,612,300,000 to 1,298,100,000, a change of -314,200,000 (-19.5%).
- Net loss of 62,800,000 reduced equity.
- Dividend payments of 174,200,000 reduced retained earnings.
- Other comprehensive income decreased equity by 926,500,000.
- Other factors increased equity by 849,300,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-62.80 Million | -4.84% |
| Dividends Paid | €174.20 Million | -13.42% |
| Other Comprehensive Income | €-926.50 Million | -71.37% |
| Other Changes | €849.30 Million | +65.43% |
| Total Change | €- | -19.49% |
Book Value vs Market Value Analysis
This analysis compares TietoEVRY Corp'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: 1.70x
- 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 3.36x to 1.70x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2002-12-31 | €5.53 | €18.60 | x |
| 2003-12-31 | €5.74 | €18.60 | x |
| 2004-12-31 | €6.12 | €18.60 | x |
| 2005-12-31 | €6.25 | €18.60 | x |
| 2006-12-31 | €8.30 | €18.60 | x |
| 2007-12-31 | €6.49 | €18.60 | x |
| 2008-12-31 | €6.72 | €18.60 | x |
| 2009-12-31 | €7.23 | €18.60 | x |
| 2010-12-31 | €7.78 | €18.60 | x |
| 2011-12-31 | €7.88 | €18.60 | x |
| 2012-12-31 | €7.72 | €18.60 | x |
| 2013-12-31 | €7.07 | €18.60 | x |
| 2014-12-31 | €6.43 | €18.60 | x |
| 2015-12-31 | €6.56 | €18.60 | x |
| 2016-12-31 | €6.62 | €18.60 | x |
| 2017-12-31 | €6.43 | €18.60 | x |
| 2018-12-31 | €6.52 | €18.60 | x |
| 2019-12-31 | €21.91 | €18.60 | x |
| 2020-12-31 | €13.71 | €18.60 | x |
| 2021-12-31 | €15.34 | €18.60 | x |
| 2022-12-31 | €14.49 | €18.60 | x |
| 2023-12-31 | €13.59 | €18.60 | x |
| 2024-12-31 | €10.95 | €18.60 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently TietoEVRY Corp 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): -4.84%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -2.24%
- • Asset Turnover: 0.92x
- • Equity Multiplier: 2.35x
- Recent ROE (-4.84%) is below the historical average (14.43%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 13.94% | 5.03% | 1.50x | 1.84x | €18.06 Million |
| 2003 | 13.75% | 4.76% | 1.70x | 1.70x | €17.83 Million |
| 2004 | 44.29% | 14.58% | 1.40x | 2.17x | €172.11 Million |
| 2005 | 27.89% | 8.68% | 1.20x | 2.68x | €87.43 Million |
| 2006 | 39.19% | 14.81% | 1.20x | 2.21x | €181.66 Million |
| 2007 | -6.82% | -1.82% | 1.38x | 2.71x | €-79.66 Million |
| 2008 | 12.55% | 3.24% | 1.49x | 2.60x | €12.30 Million |
| 2009 | 10.65% | 3.23% | 1.43x | 2.31x | €3.34 Million |
| 2010 | 8.88% | 2.89% | 1.38x | 2.23x | €-6.24 Million |
| 2011 | 10.61% | 3.28% | 1.43x | 2.27x | €3.44 Million |
| 2012 | 5.29% | 1.61% | 1.54x | 2.13x | €-26.21 Million |
| 2013 | 12.10% | 3.72% | 1.52x | 2.13x | €10.79 Million |
| 2014 | 7.43% | 2.30% | 1.48x | 2.19x | €-12.11 Million |
| 2015 | 18.74% | 6.20% | 1.34x | 2.25x | €42.22 Million |
| 2016 | 21.96% | 7.18% | 1.39x | 2.20x | €58.39 Million |
| 2017 | 22.69% | 6.99% | 1.34x | 2.42x | €60.28 Million |
| 2018 | 25.53% | 7.70% | 1.34x | 2.48x | €74.95 Million |
| 2019 | 4.67% | 4.56% | 0.45x | 2.28x | €-90.16 Million |
| 2020 | 5.81% | 3.39% | 0.77x | 2.22x | €-68.12 Million |
| 2021 | 16.01% | 10.33% | 0.79x | 1.97x | €109.49 Million |
| 2022 | 10.97% | 6.44% | 0.86x | 1.97x | €16.68 Million |
| 2023 | 10.68% | 6.04% | 0.81x | 2.18x | €10.97 Million |
| 2024 | -4.84% | -2.24% | 0.92x | 2.35x | €-192.61 Million |
Industry Comparison
This section compares TietoEVRY Corp's net assets metrics with peer companies in the Information Technology Services industry.
Industry Context
- Industry: Information Technology Services
- Average net assets among peers: $25,739,500
- Average return on equity (ROE) among peers: 13.81%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| TietoEVRY Corp (TIETO) | €1.00 Billion | 13.94% | 1.86x | $1.89 Billion |
| Digia Oyj (DIGIA) | $72.08 Million | 10.28% | 1.13x | $63.31 Million |
| Digital Workforce Services Oyj (DWF) | $14.75 Million | -4.72% | 0.59x | $15.21 Million |
| Gofore Oyj (GOFORE) | $1.74 Million | 62.80% | 1.30x | $73.97 Million |
| Siili Solutions Oyj (SIILI) | $19.65 Million | 8.04% | 1.48x | $27.65 Million |
| Solteq PLC (SOLTEQ) | $20.48 Million | -7.33% | 2.00x | $3.44 Million |