Easy Software AG
Easy Software AG develops and provides software platforms and solutions worldwide. The company offers easyarchive, a software platform for digital archiving of documents and data sets; easyinvoice for digital invoice processing; easycontract for contract management; and easyhr for automated personnel processes comprising recruiting, onboarding/offboarding, or employee development. In addition, it… Read more
Easy Software AG (ESY) - Net Assets
Latest net assets as of December 2021: €25.00 Million EUR
Based on the latest financial reports, Easy Software AG (ESY) has net assets worth €25.00 Million EUR as of December 2021.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€46.70 Million) and total liabilities (€21.70 Million). 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 | €25.00 Million |
| % of Total Assets | 53.54% |
| Annual Growth Rate | 4.22% |
| 5-Year Change | 23.7% |
| 10-Year Change | N/A |
| Growth Volatility | 40.45 |
Easy Software AG - Net Assets Trend (2016–2024)
This chart illustrates how Easy Software AG's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Easy Software AG (2016–2024)
The table below shows the annual net assets of Easy Software AG from 2016 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €31.68 Million | +107.15% |
| 2023-12-31 | €15.30 Million | -6.62% |
| 2022-12-31 | €16.38 Million | -34.49% |
| 2021-12-31 | €25.00 Million | -2.39% |
| 2020-12-31 | €25.61 Million | -10.86% |
| 2019-12-31 | €28.74 Million | +30.29% |
| 2018-12-31 | €22.06 Million | -9.77% |
| 2017-12-31 | €24.44 Million | +7.34% |
| 2016-12-31 | €22.77 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Easy Software 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 13782.9% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €36.47 Million | 115.11% |
| Total Equity | €31.68 Million | 100.00% |
Easy Software AG Competitors by Market Cap
The table below lists competitors of Easy Software AG ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Lima Dua Lima Tiga PT
JK:LUCY
|
$23.30 Million |
|
Nara Mold & Die Co. Ltd
KQ:051490
|
$23.31 Million |
|
Hyundai Cement
KO:006390
|
$23.31 Million |
|
BLD Plantation Bhd
KLSE:5069
|
$23.32 Million |
|
Wisher Industrial Co Ltd
TW:1465
|
$23.29 Million |
|
KC Feed Co. Ltd
KQ:025880
|
$23.29 Million |
|
Moneyme Ltd
AU:MME
|
$23.29 Million |
|
Consultatio SA
BA:CTIO
|
$23.28 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Easy Software AG's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 15,296,000 to 31,685,000, a change of 16,389,000 (107.1%).
- Net income of 428,000 contributed positively to equity growth.
- Share repurchases of 4,642,000 reduced equity.
- Other factors increased equity by 20,603,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €428.00K | +1.35% |
| Share Repurchases | €4.64 Million | -14.65% |
| Other Changes | €20.60 Million | +65.02% |
| Total Change | €- | 107.15% |
Book Value vs Market Value Analysis
This analysis compares Easy Software 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: 3.31x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 3.61x to 3.31x 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 | €4.52 | €16.30 | x |
| 2018-12-31 | €4.07 | €16.30 | x |
| 2019-12-31 | €4.44 | €16.30 | x |
| 2020-12-31 | €3.97 | €16.30 | x |
| 2021-12-31 | €3.88 | €16.30 | x |
| 2022-12-31 | €2.54 | €16.30 | x |
| 2023-12-31 | €2.37 | €16.30 | x |
| 2024-12-31 | €4.92 | €16.30 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Easy Software 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): 1.35%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.68%
- • Asset Turnover: 1.40x
- • Equity Multiplier: 1.41x
- Recent ROE (1.35%) is above the historical average (-1.21%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 2.53% | 1.42% | 1.19x | 1.50x | €-1.69 Million |
| 2017 | 7.92% | 4.52% | 1.20x | 1.46x | €-508.20K |
| 2018 | -10.55% | -4.98% | 1.29x | 1.64x | €-4.52 Million |
| 2019 | 7.07% | 4.00% | 0.98x | 1.80x | €-838.50K |
| 2020 | -11.26% | -5.85% | 1.07x | 1.80x | €-5.44 Million |
| 2021 | -3.63% | -1.84% | 1.05x | 1.87x | €-3.41 Million |
| 2022 | 2.67% | 0.89% | 1.34x | 2.26x | €-1.20 Million |
| 2023 | -6.96% | -2.09% | 1.03x | 3.24x | €-2.59 Million |
| 2024 | 1.35% | 0.68% | 1.40x | 1.41x | €-2.74 Million |
Industry Comparison
This section compares Easy Software AG's net assets metrics with peer companies in the Software - Application industry.
Industry Context
- Industry: Software - Application
- Average net assets among peers: $365,665,335
- Average return on equity (ROE) among peers: 1.17%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Easy Software AG (ESY) | €25.00 Million | 2.53% | 0.87x | $23.30 Million |
| Growens S.p.A. (0MU) | $56.87 Million | 102.36% | 0.45x | $22.92K |
| Patriot One Technologies Inc (0PL) | $33.53 Million | -35.74% | 0.02x | $58.49 Million |
| Paycom Soft (0PY) | $1.18 Billion | 23.79% | 2.30x | $5.38 Billion |
| innoscripta SE (1INN) | $35.15 Million | 71.39% | 0.67x | $124.83 Million |
| Nextech3D.AI Corporation (1SS) | $13.13 Million | -208.54% | 0.31x | $13.92 Million |
| WEIMOB INC. DL-0001 (36W) | $1.99 Billion | 15.68% | 0.66x | $647.04 Million |
| Modelon AB (publ) (3VM) | $173.11 Million | -16.46% | 0.23x | $7.36 Million |
| Hitek Global Inc. (4JX) | $28.34 Million | 3.70% | 0.25x | $4.96 Million |
| Envirosuite Limited (57P) | $127.30 Million | -9.82% | 0.18x | $39.98 Million |
| JanOne Inc (5AR1) | $16.82 Million | 65.36% | 1.78x | $133.90 Million |