Vocento
Vocento, S.A., an independent communications company, develops content and services in Spain. It operates through ABC, Regional, Supplements and Magazines, Sports, Audiovisual, Classifieds, Digital Services, Gastronomy, and Agencies segments. The company publishes regional newspapers under the El Correo, El Diario Vasco, El Diario Montañés, El Norte de Castilla, La Verdad, Ideal, Las Provincias, … Read more
Vocento (VOC) - Net Assets
Latest net assets as of September 2025: €160.01 Million EUR
Based on the latest financial reports, Vocento (VOC) has net assets worth €160.01 Million EUR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€333.48 Million) and total liabilities (€173.46 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 | €160.01 Million |
| % of Total Assets | 47.98% |
| Annual Growth Rate | -20.52% |
| 5-Year Change | -36.95% |
| 10-Year Change | -49.3% |
| Growth Volatility | 28001.01 |
Vocento - Net Assets Trend (2000–2024)
This chart illustrates how Vocento's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Vocento (2000–2024)
The table below shows the annual net assets of Vocento from 2000 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €161.57 Million | -39.43% |
| 2023-12-31 | €266.75 Million | -0.52% |
| 2022-12-31 | €268.14 Million | -0.20% |
| 2021-12-31 | €268.69 Million | +4.85% |
| 2020-12-31 | €256.26 Million | -9.15% |
| 2019-12-31 | €282.07 Million | +0.58% |
| 2018-12-31 | €280.44 Million | +11.28% |
| 2017-12-31 | €252.02 Million | -1.19% |
| 2016-12-31 | €255.07 Million | -19.96% |
| 2015-12-31 | €318.69 Million | -1.20% |
| 2014-12-31 | €322.57 Million | -7.81% |
| 2013-12-31 | €349.90 Million | -5.23% |
| 2012-12-31 | €369.23 Million | -13.56% |
| 2011-12-31 | €427.12 Million | -12.70% |
| 2010-12-31 | €489.24 Million | +0.09% |
| 2009-12-31 | €488.79 Million | -13.01% |
| 2008-12-31 | €561.91 Million | -10.65% |
| 2007-12-31 | €628.90 Million | +3.40% |
| 2006-12-31 | €608.24 Million | +0.12% |
| 2005-12-31 | €607.52 Million | +14.98% |
| 2004-12-31 | €528.38 Million | -99.86% |
| 2003-12-31 | €376.88 Billion | +140114.30% |
| 2002-12-31 | €268.79 Million | +14.27% |
| 2001-12-31 | €235.23 Million | -99.41% |
| 2000-12-31 | €40.03 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Vocento'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 101.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | €24.86 Million | 23.36% |
| Other Comprehensive Income | €88.51 Million | 83.14% |
| Other Components | €90.33 Million | 84.86% |
| Total Equity | €106.45 Million | 100.00% |
Vocento Competitors by Market Cap
The table below lists competitors of Vocento ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
CHUNGDAHM Learning Inc
KQ:096240
|
$42.26 Million |
|
Midwest Energy Emiss
OTCQB:MEEC
|
$42.28 Million |
|
C-Tech United
TWO:3625
|
$42.29 Million |
|
Gandhi Special Tubes Limited
NSE:GANDHITUBE
|
$42.31 Million |
|
Quality Houses Hotel and Residence Freehold and Leasehold Property Fund
BK:QHHR
|
$42.25 Million |
|
Freetrailer Group A/S
ST:FREETR
|
$42.24 Million |
|
Dorel Industries Inc Cl.A Mv (DII-A.TO
TO:DII-A
|
$42.24 Million |
|
Miwon Chemical
KO:134380
|
$42.24 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Vocento's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 208,502,000 to 106,452,000, a change of -102,050,000 (-48.9%).
- Net loss of 97,249,000 reduced equity.
- Dividend payments of 8,871,000 reduced retained earnings.
- Share repurchases of 52,000 reduced equity.
- Other comprehensive income increased equity by 216,210,000.
- Other factors decreased equity by 212,088,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-97.25 Million | -91.35% |
| Dividends Paid | €8.87 Million | -8.33% |
| Share Repurchases | €52.00K | -0.05% |
| Other Comprehensive Income | €216.21 Million | +203.11% |
| Other Changes | €-212.09 Million | -199.23% |
| Total Change | €- | -48.94% |
Book Value vs Market Value Analysis
This analysis compares Vocento'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: 0.79x
- 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 increased from 0.00x to 0.79x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2003-12-31 | €3015.77 | €0.70 | x |
| 2005-12-31 | €4.37 | €0.70 | x |
| 2006-12-31 | €4.14 | €0.70 | x |
| 2007-12-31 | €4.33 | €0.70 | x |
| 2008-12-31 | €3.88 | €0.70 | x |
| 2009-12-31 | €3.46 | €0.70 | x |
| 2010-12-31 | €3.41 | €0.70 | x |
| 2011-12-31 | €2.93 | €0.70 | x |
| 2012-12-31 | €2.47 | €0.70 | x |
| 2013-12-31 | €2.36 | €0.70 | x |
| 2014-12-31 | €2.16 | €0.70 | x |
| 2015-12-31 | €2.19 | €0.70 | x |
| 2016-12-31 | €1.68 | €0.70 | x |
| 2017-12-31 | €1.64 | €0.70 | x |
| 2018-12-31 | €1.75 | €0.70 | x |
| 2019-12-31 | €1.77 | €0.70 | x |
| 2020-12-31 | €1.59 | €0.70 | x |
| 2021-12-31 | €1.70 | €0.70 | x |
| 2022-12-31 | €1.75 | €0.70 | x |
| 2023-12-31 | €1.73 | €0.70 | x |
| 2024-12-31 | €0.88 | €0.70 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Vocento 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): -91.35%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -28.44%
- • Asset Turnover: 0.96x
- • Equity Multiplier: 3.34x
- Recent ROE (-91.35%) is below the historical average (1.82%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 27.37% | 17.60% | 0.63x | 2.49x | €6.06 Billion |
| 2001 | 12.02% | 6.68% | 0.45x | 4.00x | €4.09 Million |
| 2002 | 23.34% | 8.83% | 0.82x | 3.21x | €31.51 Million |
| 2003 | 48.72% | 28.38% | 0.90x | 1.91x | €145.94 Billion |
| 2004 | 28.23% | 18.62% | 0.85x | 1.79x | €85.74 Million |
| 2005 | 18.84% | 12.99% | 0.83x | 1.75x | €48.28 Million |
| 2006 | 14.96% | 8.93% | 0.83x | 2.03x | €25.71 Million |
| 2007 | 16.54% | 9.78% | 0.78x | 2.16x | €35.39 Million |
| 2008 | 6.26% | 3.56% | 0.80x | 2.19x | €-18.12 Million |
| 2009 | 2.78% | 1.58% | 0.71x | 2.48x | €-30.63 Million |
| 2010 | -0.67% | -0.39% | 0.72x | 2.40x | €-44.18 Million |
| 2011 | -13.85% | -7.15% | 0.76x | 2.56x | €-84.72 Million |
| 2012 | -17.86% | -8.97% | 0.74x | 2.71x | €-83.26 Million |
| 2013 | -5.29% | -2.86% | 0.71x | 2.59x | €-43.74 Million |
| 2014 | -8.54% | -4.52% | 0.76x | 2.49x | €-48.52 Million |
| 2015 | 1.54% | 0.87% | 0.76x | 2.32x | €-22.42 Million |
| 2016 | -29.44% | -13.40% | 0.90x | 2.45x | €-80.40 Million |
| 2017 | -2.41% | -1.13% | 0.90x | 2.35x | €-24.70 Million |
| 2018 | 5.12% | 2.82% | 0.82x | 2.22x | €-10.33 Million |
| 2019 | 5.88% | 3.20% | 0.81x | 2.27x | €-8.82 Million |
| 2020 | -11.35% | -6.94% | 0.66x | 2.49x | €-40.93 Million |
| 2021 | 6.66% | 4.17% | 0.75x | 2.13x | €-6.83 Million |
| 2022 | 6.11% | 3.78% | 0.79x | 2.04x | €-8.19 Million |
| 2023 | 1.92% | 1.12% | 0.82x | 2.10x | €-16.84 Million |
| 2024 | -91.35% | -28.44% | 0.96x | 3.34x | €-107.89 Million |
Industry Comparison
This section compares Vocento's net assets metrics with peer companies in the Publishing industry.
Industry Context
- Industry: Publishing
- Average net assets among peers: $-368,479,000
- Average return on equity (ROE) among peers: 0.00%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Vocento (VOC) | €160.01 Million | 27.37% | 1.08x | $42.25 Million |
| Promotora de Informaciones SA (PRS) | $-368.48 Million | 0.00% | 0.00x | $167.04 Million |