Tier1 Technology S.A.
TIER 1 Technology, S.A. develops and implements software solutions to businesses, and public and private entities. The company offers attractor ERP software for business management; Comerzzia, an omnichannel sales platform for retailers; Engage software for the management and coordination of suppliers; Lustrum, a software application designed to support the comprehensive lifecycle management of b… Read more
Tier1 Technology S.A. (TR1) - Net Assets
Latest net assets as of December 2023: €7.46 Million EUR
Based on the latest financial reports, Tier1 Technology S.A. (TR1) has net assets worth €7.46 Million EUR as of December 2023.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€13.98 Million) and total liabilities (€6.52 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 | €7.46 Million |
| % of Total Assets | 53.34% |
| Annual Growth Rate | 16.27% |
| 5-Year Change | 116.0% |
| 10-Year Change | N/A |
| Growth Volatility | 17.44 |
Tier1 Technology S.A. - Net Assets Trend (2015–2023)
This chart illustrates how Tier1 Technology S.A.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Tier1 Technology S.A. (2015–2023)
The table below shows the annual net assets of Tier1 Technology S.A. from 2015 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | €7.46 Million | +26.72% |
| 2022-12-31 | €5.89 Million | +5.39% |
| 2021-12-31 | €5.59 Million | +49.60% |
| 2020-12-31 | €3.73 Million | +8.12% |
| 2019-12-31 | €3.45 Million | +7.18% |
| 2018-12-31 | €3.22 Million | +6.32% |
| 2017-12-31 | €3.03 Million | +38.90% |
| 2016-12-31 | €2.18 Million | -2.33% |
| 2015-12-31 | €2.23 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Tier1 Technology S.A.'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 151.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €1.71 Million | 26.96% |
| Common Stock | €100.00K | 1.58% |
| Other Comprehensive Income | €1.52 Million | 24.00% |
| Other Components | €3.00 Million | 47.46% |
| Total Equity | €6.33 Million | 100.00% |
Tier1 Technology S.A. Competitors by Market Cap
The table below lists competitors of Tier1 Technology S.A. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
COPRD
NYSE MKT:COPRD
|
$28.54 Million |
|
Northeast Electric Development Company Limited
F:NE4H
|
$28.54 Million |
|
Children’s Place Inc
NASDAQ:PLCE
|
$28.55 Million |
|
IFGL Refractories Limited
NSE:IFGLEXPOR
|
$28.56 Million |
|
AB Traction
ST:TRAC-B
|
$28.52 Million |
|
PVP Ventures Limited
NSE:PVP
|
$28.50 Million |
|
EcoFirst Consolidated Bhd
KLSE:3557
|
$28.49 Million |
|
NicOx S.A.
PA:ALCOX
|
$28.49 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Tier1 Technology S.A.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 4,903,672 to 6,329,692, a change of 1,426,020 (29.1%).
- Net income of 1,706,601 contributed positively to equity growth.
- Dividend payments of 336,760 reduced retained earnings.
- Share repurchases of 220,565 reduced equity.
- New share issuances of 205,893 increased equity.
- Other comprehensive income increased equity by 1,519,200.
- Other factors decreased equity by 1,448,349.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €1.71 Million | +26.96% |
| Dividends Paid | €336.76K | -5.32% |
| Share Repurchases | €220.56K | -3.48% |
| Share Issuances | €205.89K | +3.25% |
| Other Comprehensive Income | €1.52 Million | +24.0% |
| Other Changes | €-1.45 Million | -22.88% |
| Total Change | €- | 29.08% |
Book Value vs Market Value Analysis
This analysis compares Tier1 Technology S.A.'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: 4.63x
- 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 13.28x to 4.63x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2015-12-31 | €0.23 | €3.00 | x |
| 2016-12-31 | €0.22 | €3.00 | x |
| 2017-12-31 | €0.29 | €3.00 | x |
| 2018-12-31 | €0.30 | €3.00 | x |
| 2019-12-31 | €0.32 | €3.00 | x |
| 2020-12-31 | €0.36 | €3.00 | x |
| 2021-12-31 | €0.47 | €3.00 | x |
| 2022-12-31 | €0.50 | €3.00 | x |
| 2023-12-31 | €0.65 | €3.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Tier1 Technology S.A. 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): 26.96%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.82%
- • Asset Turnover: 1.56x
- • Equity Multiplier: 2.21x
- Recent ROE (26.96%) is above the historical average (25.60%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 31.88% | 7.99% | 1.55x | 2.57x | €488.82K |
| 2016 | 23.15% | 6.72% | 1.55x | 2.23x | €286.79K |
| 2017 | 34.68% | 10.39% | 1.48x | 2.25x | €699.10K |
| 2018 | 24.97% | 6.83% | 1.57x | 2.34x | €444.74K |
| 2019 | 20.22% | 6.41% | 1.51x | 2.09x | €324.22K |
| 2020 | 24.10% | 6.60% | 1.62x | 2.25x | €496.56K |
| 2021 | 26.23% | 7.05% | 1.36x | 2.74x | €745.49K |
| 2022 | 18.18% | 4.87% | 1.43x | 2.61x | €401.00K |
| 2023 | 26.96% | 7.82% | 1.56x | 2.21x | €1.07 Million |
Industry Comparison
This section compares Tier1 Technology S.A.'s net assets metrics with peer companies in the Information Technology Services industry.
Industry Context
- Industry: Information Technology Services
- Average net assets among peers: $5,423,201,120
- Average return on equity (ROE) among peers: 4.70%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Tier1 Technology S.A. (TR1) | €7.46 Million | 31.88% | 0.87x | $28.53 Million |
| Altia Consultores S.A. (ALC) | $30.70 Million | 20.45% | 0.32x | $31.59 Million |
| Aplicaciones y Tratamiento de Sistemas S.A. (ATSI) | $18.59 Million | 26.87% | 0.90x | $39.24K |
| Global Dominion Access S.A (DOM) | $319.74 Million | 3.92% | 2.98x | $268.45 Million |
| Indra A (IDR) | $32.02 Billion | 0.00% | 3.09x | $4.35 Billion |
| Izertis Sa (IZER) | $32.23 Million | 7.24% | 2.14x | $52.36 Million |
| Squirrel Media SA (SQRL) | $115.95 Million | -30.29% | 1.00x | $31.67 Million |