aovo Touristik AG (A8N) - Net Assets
Based on the latest financial reports, aovo Touristik AG (A8N) has net assets worth €2.91 Million EUR (≈ $3.41 Million USD) as of December 2007. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€8.99 Million ≈ $10.51 Million USD) and total liabilities (€6.08 Million ≈ $7.10 Million 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. Read aovo Touristik AG debt and liabilities for a breakdown of total debt and financial obligations.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €2.91 Million |
| % of Total Assets | 32.41% |
| Annual Growth Rate | N/A |
| 5-Year Change | -63.26% |
| 10-Year Change | N/A |
| Growth Volatility | 207.4 |
aovo Touristik AG - Net Assets Trend (2015–2024)
This chart illustrates how aovo Touristik AG's net assets have evolved over time, based on quarterly financial data. Also explore aovo Touristik AG balance sheet assets for the complete picture of this company's asset base.
Annual Net Assets for aovo Touristik AG (2015–2024)
The table below shows the annual net assets of aovo Touristik AG from 2015 to 2024. For live valuation and market cap data, see aovo Touristik AG (A8N) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €389.94K ≈ $455.88K |
-48.41% |
| 2023-12-31 | €755.88K ≈ $883.70K |
-73.59% |
| 2022-12-31 | €2.86 Million ≈ $3.35 Million |
+125.78% |
| 2021-12-31 | €1.27 Million ≈ $1.48 Million |
+19.42% |
| 2020-12-31 | €1.06 Million ≈ $1.24 Million |
+449.85% |
| 2019-12-31 | €193.01K ≈ $225.65K |
-30.62% |
| 2018-12-31 | €278.19K ≈ $325.23K |
+426.17% |
| 2017-12-31 | €52.87K ≈ $61.81K |
-- |
| 2016-12-31 | €0.00 ≈ $0.00 |
-- |
| 2015-12-31 | €0.00 ≈ $0.00 |
-- |
Equity Component Analysis
This analysis shows how different components contribute to aovo Touristik 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 348462451.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €1.47 Million | 377.58% |
| Total Equity | €389.94K | 100.00% |
aovo Touristik AG Competitors by Market Cap
The table below lists competitors of aovo Touristik AG ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Nocera Inc
NASDAQ:NCRA
|
$2.97 Million |
|
Urban-Gro Inc
NASDAQ:UGRO
|
$2.97 Million |
|
Invion Ltd
AU:IVX
|
$2.97 Million |
|
Yari Minerals Ltd
AU:YAR
|
$2.97 Million |
|
Thai Setakij Insurance PCL
BK:TSI
|
$2.97 Million |
|
Ensysce Biosciences Inc
NASDAQ:ENSC
|
$2.96 Million |
|
MacDonald Mines Exploration Ltd
V:BMK
|
$2.96 Million |
|
8I Holdings Ltd
AU:8IH
|
$2.96 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in aovo Touristik AG's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 755,877 to 389,941, a change of -365,936 (-48.4%).
- Net loss of 365,936 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-365.94K | -93.84% |
| Total Change | €- | -48.41% |
Book Value vs Market Value Analysis
This analysis compares aovo Touristik 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: 10.41x
- 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 76.75x to 10.41x 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 | €0.04 | €2.90 | x |
| 2018-12-31 | €0.20 | €2.90 | x |
| 2019-12-31 | €0.14 | €2.90 | x |
| 2020-12-31 | €0.76 | €2.90 | x |
| 2021-12-31 | €0.91 | €2.90 | x |
| 2022-12-31 | €2.05 | €2.90 | x |
| 2023-12-31 | €0.54 | €2.90 | x |
| 2024-12-31 | €0.28 | €2.90 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently aovo Touristik 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): -93.84%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -5.29%
- • Asset Turnover: 1.87x
- • Equity Multiplier: 9.49x
- Recent ROE (-93.84%) is below the historical average (100.46%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 0.00% | -2.18% | 3.00x | 0.00x | €-323.91K |
| 2017 | 910.09% | 4.16% | 1.95x | 112.41x | €475.88K |
| 2018 | 80.99% | 1.87% | 2.27x | 19.02x | €197.50K |
| 2019 | -44.13% | -0.71% | 2.64x | 23.69x | €-104.48K |
| 2020 | 81.81% | 17.37% | 1.01x | 4.68x | €762.14K |
| 2021 | 16.26% | 5.38% | 0.79x | 3.84x | €79.39K |
| 2022 | 55.71% | 19.00% | 1.24x | 2.37x | €1.31 Million |
| 2023 | -102.73% | -10.54% | 1.73x | 5.65x | €-852.08K |
| 2024 | -93.84% | -5.29% | 1.87x | 9.49x | €-404.93K |
Industry Comparison
This section compares aovo Touristik AG's net assets metrics with peer companies in the Travel Services industry.
Industry Context
- Industry: Travel Services
- Average net assets among peers: $29,111,193,000
- Average return on equity (ROE) among peers: -31.34%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| aovo Touristik AG (A8N) | €2.91 Million | 0.00% | 2.09x | $2.97 Million |
| Lastminute.com NV (09B) | $11.97 Million | -126.71% | 39.75x | $143.20 Million |
| Tuniu Corporation (0TUA) | $1.35 Billion | -96.88% | 1.37x | $6.32 Million |
| Trip.com Group Limited (CLV) | $105.70 Billion | 6.63% | 0.89x | $28.08 Billion |
| TRIP.COM GROUP DL-00125 (CLVB) | $143.48 Billion | 11.89% | 0.69x | $28.46 Billion |
| EDREAMS ODIGEO UNS.ADR/10 (K0I) | $236.30 Million | -18.34% | 3.54x | $348.18 Million |
| MakeMyTrip Limited (MY1) | $1.36 Billion | -12.36% | 0.16x | $3.87 Billion |
| Carnival Corporation & plc (POH1) | $12.14 Billion | -78.24% | 3.39x | $3.90 Billion |
| Tongcheng Travel Holdings Ltd (TEM) | $-5.53 Billion | 0.00% | 0.00x | $4.43 Billion |
| TUI AG (TUI1) | $3.25 Billion | 31.94% | 3.45x | $3.92 Billion |
About aovo Touristik AG
aovo Touristik AG engages in the provision of tour and travel services primarily in Germany and internationally. It provides tailor-made and target group-oriented packages, and modular solutions in musicals and shows, concerts and festivals, and cultural events, as well as city, gourmet, and wellness trips. The company offers its services under aovo.de, eventreise.de, and musical-mit-hotel.de bra… Read more