Bell Food Group AG
Bell Food Group AG engages in the processing of meat and convenience products in Switzerland. The company offers meat products, such as beef, veal, pork, and lamb; charcuterie consisting of dried ham and cured sausage specialties; chicken and turkey poultry products; and seafood, crustaceans, and frozen products. It also provides convenience products, such as meals, chilled pasta, ready-to-serve … Read more
Bell Food Group AG (0RFX) - Net Assets
Latest net assets as of June 2025: £1.59 Billion GBP
Based on the latest financial reports, Bell Food Group AG (0RFX) has net assets worth £1.59 Billion GBP as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (£3.20 Billion) and total liabilities (£1.61 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 | £1.59 Billion |
| % of Total Assets | 49.77% |
| Annual Growth Rate | 7.05% |
| 5-Year Change | 17.03% |
| 10-Year Change | 75.66% |
| Growth Volatility | 13.96 |
Bell Food Group AG - Net Assets Trend (2002–2024)
This chart illustrates how Bell Food Group 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 Bell Food Group AG (2002–2024)
The table below shows the annual net assets of Bell Food Group AG from 2002 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | £1.60 Billion | +5.99% |
| 2023-12-31 | £1.51 Billion | +2.37% |
| 2022-12-31 | £1.47 Billion | +4.12% |
| 2021-12-31 | £1.41 Billion | +3.59% |
| 2020-12-31 | £1.37 Billion | +6.05% |
| 2019-12-31 | £1.29 Billion | -0.21% |
| 2018-12-31 | £1.29 Billion | +64.47% |
| 2017-12-31 | £784.30 Million | -19.79% |
| 2016-12-31 | £977.80 Million | +7.51% |
| 2015-12-31 | £909.49 Million | +15.57% |
| 2014-12-31 | £786.96 Million | +7.59% |
| 2013-12-31 | £731.46 Million | +8.29% |
| 2012-12-31 | £675.47 Million | +7.80% |
| 2011-12-31 | £626.58 Million | +6.12% |
| 2010-12-31 | £590.46 Million | -0.73% |
| 2009-12-31 | £594.78 Million | +10.41% |
| 2008-12-31 | £538.71 Million | +3.01% |
| 2007-12-31 | £522.98 Million | +9.25% |
| 2006-12-31 | £478.70 Million | +7.35% |
| 2005-12-31 | £445.94 Million | +5.74% |
| 2004-12-31 | £421.72 Million | +6.55% |
| 2003-12-31 | £395.80 Million | +10.83% |
| 2002-12-31 | £357.12 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Bell Food Group 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 391.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | £1.68 Billion | 104.86% |
| Common Stock | £3.10 Million | 0.19% |
| Other Comprehensive Income | £-78.70 Million | -4.93% |
| Total Equity | £1.60 Billion | 100.00% |
Bell Food Group AG Competitors by Market Cap
The table below lists competitors of Bell Food Group AG ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
InventisBio Co. Ltd. A
SHG:688382
|
$1.02 Billion |
|
Terveystalo Oy
HE:TTALO
|
$1.02 Billion |
|
Caida Securities Co Ltd
SHG:600906
|
$1.02 Billion |
|
HeiLongJiang Kingland Technology Co Ltd
SHE:000711
|
$1.02 Billion |
|
Bitdeer Technologies Group Class A Ordinary Shares
NASDAQ:BTDR
|
$1.02 Billion |
|
Pacific Shuanglin Bio pharmacy Co Ltd
SHE:000403
|
$1.02 Billion |
|
Gubre Fabrikalari TAS
IS:GUBRF
|
$1.02 Billion |
|
Befesa SA Bearer Shares
F:BFSA
|
$1.02 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Bell Food Group AG's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,507,100,000 to 1,597,400,000, a change of 90,300,000 (6.0%).
- Net income of 123,700,000 contributed positively to equity growth.
- Dividend payments of 43,900,000 reduced retained earnings.
- Share repurchases of 1,600,000 reduced equity.
- Other comprehensive income increased equity by 48,900,001.
- Other factors decreased equity by 36,800,001.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | £123.70 Million | +7.74% |
| Dividends Paid | £43.90 Million | -2.75% |
| Share Repurchases | £1.60 Million | -0.1% |
| Other Comprehensive Income | £48.90 Million | +3.06% |
| Other Changes | £-36.80 Million | -2.3% |
| Total Change | £- | 5.99% |
Book Value vs Market Value Analysis
This analysis compares Bell Food Group 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: 0.82x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 2.67x to 0.82x 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 | £78.04 | £208.50 | x |
| 2003-12-31 | £86.49 | £208.50 | x |
| 2004-12-31 | £90.51 | £208.50 | x |
| 2005-12-31 | £95.67 | £208.50 | x |
| 2006-12-31 | £102.67 | £208.50 | x |
| 2007-12-31 | £113.28 | £208.50 | x |
| 2008-12-31 | £116.28 | £208.50 | x |
| 2009-12-31 | £127.80 | £208.50 | x |
| 2010-12-31 | £128.54 | £208.50 | x |
| 2011-12-31 | £137.48 | £208.50 | x |
| 2012-12-31 | £170.00 | £208.50 | x |
| 2013-12-31 | £183.34 | £208.50 | x |
| 2014-12-31 | £197.43 | £208.50 | x |
| 2015-12-31 | £205.53 | £208.50 | x |
| 2016-12-31 | £220.14 | £208.50 | x |
| 2017-12-31 | £196.41 | £208.50 | x |
| 2018-12-31 | £243.73 | £208.50 | x |
| 2019-12-31 | £205.05 | £208.50 | x |
| 2020-12-31 | £217.52 | £208.50 | x |
| 2021-12-31 | £225.43 | £208.50 | x |
| 2022-12-31 | £234.58 | £208.50 | x |
| 2023-12-31 | £240.06 | £208.50 | x |
| 2024-12-31 | £254.50 | £208.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Bell Food Group 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): 7.74%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.62%
- • Asset Turnover: 1.48x
- • Equity Multiplier: 2.00x
- Recent ROE (7.74%) is below the historical average (9.94%), 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 | 12.69% | 3.01% | 2.00x | 2.11x | £9.59 Million |
| 2003 | 12.23% | 3.15% | 1.92x | 2.02x | £8.84 Million |
| 2004 | 8.65% | 2.36% | 1.88x | 1.95x | £-5.58 Million |
| 2005 | 8.19% | 2.48% | 1.80x | 1.83x | £-7.94 Million |
| 2006 | 9.40% | 2.98% | 2.00x | 1.58x | £-2.80 Million |
| 2007 | 10.93% | 3.46% | 2.07x | 1.52x | £4.83 Million |
| 2008 | 10.94% | 3.00% | 1.70x | 2.14x | £4.98 Million |
| 2009 | 9.75% | 2.21% | 1.95x | 2.27x | £-1.43 Million |
| 2010 | 11.46% | 2.48% | 2.29x | 2.03x | £8.42 Million |
| 2011 | 11.44% | 2.85% | 2.01x | 2.00x | £9.04 Million |
| 2012 | 11.23% | 3.10% | 1.86x | 1.95x | £8.34 Million |
| 2013 | 10.47% | 3.02% | 1.76x | 1.97x | £3.46 Million |
| 2014 | 11.14% | 3.48% | 1.72x | 1.86x | £9.00 Million |
| 2015 | 11.56% | 3.41% | 1.59x | 2.13x | £12.76 Million |
| 2016 | 11.44% | 3.01% | 1.56x | 2.43x | £12.68 Million |
| 2017 | 13.58% | 3.01% | 1.69x | 2.67x | £28.09 Million |
| 2018 | 6.93% | 2.20% | 1.49x | 2.11x | £-39.64 Million |
| 2019 | 3.85% | 1.24% | 1.48x | 2.11x | £-79.10 Million |
| 2020 | 8.69% | 2.95% | 1.46x | 2.01x | £-17.89 Million |
| 2021 | 9.01% | 3.07% | 1.48x | 1.98x | £-13.99 Million |
| 2022 | 8.68% | 2.96% | 1.40x | 2.09x | £-19.42 Million |
| 2023 | 8.60% | 2.87% | 1.38x | 2.17x | £-21.11 Million |
| 2024 | 7.74% | 2.62% | 1.48x | 2.00x | £-36.04 Million |
Industry Comparison
This section compares Bell Food Group AG's net assets metrics with peer companies in the same industry.
Industry Context
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Bell Food Group AG (0RFX) | £1.59 Billion | 12.69% | 1.01x | $1.02 Billion |
| Nyfosa AB (0A0K) | $2.92 Billion | 39.50% | 2.88x | $973.31 Million |
| High Templar Tech Limited (0A2T) | $12.52 Billion | 4.70% | 0.13x | $255.82 Million |
| Strategy Inc (0A7O) | $51.04 Billion | -7.54% | 0.21x | $40.17 Billion |
| NACON SASU (0A9N) | $67.54 Million | 15.85% | 1.20x | $7.64 Million |
| Antin Infrastructure Partners (0AA5) | $23.79 Million | 108.98% | 1.09x | $573.10 Million |
| Truecaller AB Series B (0AA7) | $1.41 Billion | 18.30% | 0.20x | $281.60 Million |
| Brockhaus Technologies AG (0AAW) | $254.92 Million | -6.23% | 1.68x | $74.40 Million |
| Hyloris Pharmaceuticals S.A. (0AB6) | $48.06 Million | -24.09% | 0.32x | $71.96 Million |
| Kalray S.A. (0ABT) | $28.43 Million | -41.56% | 0.67x | $33.84 Million |
| Webuild S.p.A. (0BJP) | $1.43 Billion | 10.29% | 7.14x | $1.13 Billion |