Trade & Value AG (TAV) - Net Assets
Based on the latest financial reports, Trade & Value AG (TAV) has net assets worth €- EUR (≈ $- USD) as of . Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€- ≈ $- USD) and total liabilities (€- ≈ $- 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. Also explore Trade & Value AG (TAV) total assets for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €- |
| % of Total Assets | 0% |
| Annual Growth Rate | -14.02% |
| 5-Year Change | -50.72% |
| 10-Year Change | -78.81% |
| Growth Volatility | 10.54 |
Trade & Value AG - Net Assets Trend (2013–2024)
This chart illustrates how Trade & Value AG's net assets have evolved over time, based on quarterly financial data. Check Trade & Value AG (TAV) tangible net worth to evaluate the tangible quality of the company's equity base.
Annual Net Assets for Trade & Value AG (2013–2024)
The table below shows the annual net assets of Trade & Value AG from 2013 to 2024. For live valuation and market cap data, see TAV market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €474.37K ≈ $554.59K |
-7.89% |
| 2023-12-31 | €515.02K ≈ $602.12K |
-21.37% |
| 2022-12-31 | €654.97K ≈ $765.73K |
-14.18% |
| 2021-12-31 | €763.21K ≈ $892.28K |
-20.72% |
| 2020-12-31 | €962.69K ≈ $1.13 Million |
-22.46% |
| 2019-12-31 | €1.24 Million ≈ $1.45 Million |
-22.43% |
| 2018-12-31 | €1.60 Million ≈ $1.87 Million |
-20.29% |
| 2017-12-31 | €2.01 Million ≈ $2.35 Million |
+11.54% |
| 2016-12-31 | €1.80 Million ≈ $2.10 Million |
-19.57% |
| 2015-12-31 | €2.24 Million ≈ $2.62 Million |
+0.65% |
| 2014-12-31 | €2.22 Million ≈ $2.60 Million |
-11.02% |
| 2013-12-31 | €2.50 Million ≈ $2.92 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Trade & Value 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 103.3% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €475.60K | 100.26% |
| Total Equity | €474.37K | 100.00% |
Trade & Value AG Competitors by Market Cap
The table below lists competitors of Trade & Value AG ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Reliance Industries Limited
IL:RIGD
|
$520.26K |
|
S2Medical AB
ST:S2M
|
$522.23K |
|
STMicroelectronics NV
LSE:0INB
|
$522.61K |
|
Keramika Indonesia Assosiasi
JK:KIAS
|
$522.97K |
|
Onfolio Holdings Inc
NASDAQ:ONFO
|
$519.18K |
|
Cobra Resources PLC
LSE:COBR
|
$515.92K |
|
CORELENS S.A. ZY -10
F:9GK
|
$514.90K |
|
Oxford Metrics plc
LSE:OMG
|
$514.80K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Trade & Value AG's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 515,024 to 474,374, a change of -40,650 (-7.9%).
- Net loss of 40,650 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-40.65K | -8.57% |
| Other Changes | €0.00 | +0.0% |
| Total Change | €- | -7.89% |
Book Value vs Market Value Analysis
This analysis compares Trade & Value 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: 1.20x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 0.28x to 1.20x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | €5.64 | €1.60 | x |
| 2018-12-31 | €4.49 | €1.60 | x |
| 2019-12-31 | €3.49 | €1.60 | x |
| 2020-12-31 | €2.70 | €1.60 | x |
| 2021-12-31 | €2.14 | €1.60 | x |
| 2022-12-31 | €1.84 | €1.60 | x |
| 2023-12-31 | €1.45 | €1.60 | x |
| 2024-12-31 | €1.33 | €1.60 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Trade & Value 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): -8.57%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -9.10%
- • Asset Turnover: 0.84x
- • Equity Multiplier: 1.12x
- Recent ROE (-8.57%) is above the historical average (-17.42%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | -23.78% | -26.67% | 0.88x | 1.02x | €-844.18K |
| 2014 | -12.39% | -17.18% | 0.71x | 1.02x | €-497.87K |
| 2015 | 0.65% | 0.57% | 0.98x | 1.15x | €-209.38K |
| 2016 | -24.34% | -27.34% | 0.69x | 1.29x | €-618.16K |
| 2017 | 10.34% | 6.83% | 1.44x | 1.05x | €6.89K |
| 2018 | -23.24% | -23.95% | 0.84x | 1.15x | €-531.91K |
| 2019 | -28.91% | -30.10% | 0.76x | 1.26x | €-483.07K |
| 2020 | -28.96% | -3.14% | 8.46x | 1.09x | €-375.06K |
| 2021 | -26.14% | -6.44% | 3.83x | 1.06x | €-275.80K |
| 2022 | -16.53% | -2.22% | 6.65x | 1.12x | €-173.74K |
| 2023 | -27.17% | -11.15% | 2.24x | 1.09x | €-191.45K |
| 2024 | -8.57% | -9.10% | 0.84x | 1.12x | €-88.09K |
Industry Comparison
This section compares Trade & Value AG's net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $20,283,484,391
- Average return on equity (ROE) among peers: -5.85%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Trade & Value AG (TAV) | €- | -23.78% | N/A | $519.91K |
| China Cinda Asset Management Co., Ltd. (0CI) | $201.78 Billion | 5.98% | 6.75x | $1.67 Billion |
| Quinsam Capital Corporation (0Q4) | $30.75 Million | -8.08% | 0.04x | $2.01 Million |
| tokentus investment AG (14D) | $11.34 Million | -20.03% | 0.03x | $6.46 Million |
| TEAM PLC (1WQ) | $7.44 Million | -22.94% | 0.33x | $18.21 Million |
| CARLSON INV. ZY 13 (2HB) | $24.03 Million | -4.09% | 0.20x | $4.84 Million |
| JTC PLC LS-01 (2N9) | $344.62 Million | 7.73% | 0.80x | $2.55 Billion |
| Rostra AG (3330) | $577.92K | -45.47% | 0.58x | $8.82 Million |
| HELIOS FAIRFAX PARTNERS (3UD) | $591.90 Million | -4.38% | 0.19x | $90.81 Million |
| ALEXANDRIA PANKKIIRILIIKE (3ZL) | $34.31 Million | 23.48% | 0.31x | $109.68 Million |
| HAMILTON GLB.OPP.LS-0001 (5DS) | $14.39 Million | 9.30% | 0.04x | $25.26 Million |
About Trade & Value AG
Trade & Value AG is a publicly owned investment manager. The firm provides its services to Institutional and private investors. The company invests its assets mainly in favorably valued companies, undervalued assets, in special situations and in so-called turnaround shares. Trade & Value AG is based in Oldenburg, Germany.