TietoEVRY Corp (TIETO) - Net Assets

Latest as of June 2025: €1.00 Billion EUR ≈ $1.17 Billion USD

Based on the latest financial reports, TietoEVRY Corp (TIETO) has net assets worth €1.00 Billion EUR (≈ $1.17 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 (€2.86 Billion ≈ $3.35 Billion USD) and total liabilities (€1.86 Billion ≈ $2.18 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 TietoEVRY Corp to assess how effectively this company generates cash.

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 TietoEVRY Corp long-term investment intensity to see how much of total assets are deployed in long-term investments.

Annual Net Assets for TietoEVRY Corp (2002–2024)

The table below shows the annual net assets of TietoEVRY Corp from 2002 to 2024. For live valuation and market cap data, see TIETO company net worth.

Year	Net Assets	Change
2024-12-31	€1.30 Billion ≈ $1.52 Billion	-19.49%
2023-12-31	€1.61 Billion ≈ $1.88 Billion	-6.22%
2022-12-31	€1.72 Billion ≈ $2.01 Billion	-5.60%
2021-12-31	€1.82 Billion ≈ $2.13 Billion	+11.98%
2020-12-31	€1.63 Billion ≈ $1.90 Billion	-3.87%
2019-12-31	€1.69 Billion ≈ $1.98 Billion	+250.59%
2018-12-31	€482.50 Million ≈ $564.09 Million	+1.45%
2017-12-31	€475.60 Million ≈ $556.03 Million	-2.56%
2016-12-31	€488.10 Million ≈ $570.64 Million	+1.08%
2015-12-31	€482.90 Million ≈ $564.56 Million	+2.48%
2014-12-31	€471.20 Million ≈ $550.88 Million	-8.36%
2013-12-31	€514.20 Million ≈ $601.15 Million	-7.57%
2012-12-31	€556.30 Million ≈ $650.37 Million	-1.50%
2011-12-31	€564.80 Million ≈ $660.31 Million	+1.31%
2010-12-31	€557.50 Million ≈ $651.78 Million	+7.56%
2009-12-31	€518.30 Million ≈ $605.95 Million	+7.18%
2008-12-31	€483.60 Million ≈ $565.38 Million	+1.26%
2007-12-31	€477.60 Million ≈ $558.36 Million	-23.75%
2006-12-31	€626.40 Million ≈ $732.33 Million	+25.05%
2005-12-31	€500.90 Million ≈ $585.60 Million	-2.05%
2004-12-31	€511.40 Million ≈ $597.88 Million	+6.76%
2003-12-31	€479.01 Million ≈ $560.01 Million	+3.66%
2002-12-31	€462.11 Million ≈ $540.26 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
4iG Nyrt. BUD:4IG	$2.11 Billion
Headwater Exploration Inc TO:HWX	$2.11 Billion
Shenyang Machine Tool Co Ltd SHE:000410	$2.11 Billion
Kardex SW:KARN	$2.11 Billion
Pharma Reaserch Prod Co Ltd KQ:214450	$2.11 Billion
Orbia Advance Corporation S.A.B. de C.V F:4FZ	$2.11 Billion
Qingdao Yunlu Advanced Materials Technology Co. Ltd. A SHG:688190	$2.10 Billion
Shenzhen Kangtai Biological Products Co Ltd SHE:300601	$2.10 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: 1.84x
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 3.64x to 1.84x 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	€20.16	x
2003-12-31	€5.74	€20.16	x
2004-12-31	€6.12	€20.16	x
2005-12-31	€6.25	€20.16	x
2006-12-31	€8.30	€20.16	x
2007-12-31	€6.49	€20.16	x
2008-12-31	€6.72	€20.16	x
2009-12-31	€7.23	€20.16	x
2010-12-31	€7.78	€20.16	x
2011-12-31	€7.88	€20.16	x
2012-12-31	€7.72	€20.16	x
2013-12-31	€7.07	€20.16	x
2014-12-31	€6.43	€20.16	x
2015-12-31	€6.56	€20.16	x
2016-12-31	€6.62	€20.16	x
2017-12-31	€6.43	€20.16	x
2018-12-31	€6.52	€20.16	x
2019-12-31	€21.91	€20.16	x
2020-12-31	€13.71	€20.16	x
2021-12-31	€15.34	€20.16	x
2022-12-31	€14.49	€20.16	x
2023-12-31	€13.59	€20.16	x
2024-12-31	€10.95	€20.16	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: $19,221,546
Average return on equity (ROE) among peers: 14.08%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
TietoEVRY Corp (TIETO)	€1.00 Billion	13.94%	1.86x	$2.11 Billion
Digia Oyj (DIGIA)	$44.13 Million	2.19%	0.96x	$161.23 Million
Gofore Oyj (GOFORE)	$17.81 Million	18.63%	0.64x	$181.01 Million
Siili Solutions Oyj (SIILI)	$2.84 Million	26.77%	1.14x	$23.98 Million
Solteq PLC (SOLTEQ)	$12.11 Million	8.72%	0.31x	$7.03 Million

About TietoEVRY Corp

HE:TIETO Finland Information Technology Services

Market Cap

$2.79 Billion

€2.39 Billion EUR

Market Cap Rank

#6167 Global

#24 in Finland

Share Price

€20.16

Change (1 day)

-1.47%

52-Week Range

€14.45 - €20.60

All Time High

€27.12