DFDS A/S
DFDS A/S provides logistics solutions and services in Denmark and internationally. The company operates through Ferry and Logistics divisions. The Ferry division operates ferry routes connecting Europe to Türkiye and northern Africa, transporting freight units, mainly trailers and passengers, as well as offers port terminal services. This division provides ferry services primarily to forwarders a… Read more
DFDS A/S (DFDDF) - Net Assets
Latest net assets as of March 2025: $13.65 Billion USD
Based on the latest financial reports, DFDS A/S (DFDDF) has net assets worth $13.65 Billion USD as of March 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($39.81 Billion) and total liabilities ($26.16 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 | $13.65 Billion |
| % of Total Assets | 34.3% |
| Annual Growth Rate | 7.42% |
| 5-Year Change | 31.03% |
| 10-Year Change | 112.71% |
| Growth Volatility | 11.32 |
DFDS A/S - Net Assets Trend (2013–2024)
This chart illustrates how DFDS A/S's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for DFDS A/S (2013–2024)
The table below shows the annual net assets of DFDS A/S from 2013 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $13.89 Billion | -0.21% |
| 2023-12-31 | $13.92 Billion | +5.95% |
| 2022-12-31 | $13.14 Billion | +13.69% |
| 2021-12-31 | $11.55 Billion | +9.00% |
| 2020-12-31 | $10.60 Billion | +2.36% |
| 2019-12-31 | $10.36 Billion | +11.90% |
| 2018-12-31 | $9.26 Billion | +39.94% |
| 2017-12-31 | $6.61 Billion | -1.06% |
| 2016-12-31 | $6.68 Billion | +2.37% |
| 2015-12-31 | $6.53 Billion | +6.57% |
| 2014-12-31 | $6.13 Billion | -3.02% |
| 2013-12-31 | $6.32 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to DFDS A/S'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 156.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $13.14 Billion | 95.16% |
| Other Components | $669.00 Million | 4.84% |
| Total Equity | $13.81 Billion | 100.00% |
DFDS A/S Competitors by Market Cap
The table below lists competitors of DFDS A/S ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
FLAT CAPITAL AB B
F:87I
|
$456.85 Million |
|
Guangzhou Hongli Opto Electron
SHE:300219
|
$456.90 Million |
|
Hubei Hongyuan Pharmaceutical Technology Co. Ltd. A
SHE:301246
|
$456.92 Million |
|
SEPLF
PINK:SEPLF
|
$456.96 Million |
|
Zhejiang Hangmin Co Ltd
SHG:600987
|
$456.74 Million |
|
Shenzhen Shengxunda Technology Co Ltd Class A
SHE:300518
|
$456.73 Million |
|
Kailuan Energy Chemical Co Ltd
SHG:600997
|
$456.73 Million |
|
KoMiCo Ltd
KQ:183300
|
$456.48 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in DFDS A/S's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 13,827,000,000 to 13,814,000,000, a change of -13,000,000 (-0.1%).
- Net income of 534,000,000 contributed positively to equity growth.
- Dividend payments of 168,000,000 reduced retained earnings.
- Share repurchases of 431,000,000 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $534.00 Million | +3.87% |
| Dividends Paid | $168.00 Million | -1.22% |
| Share Repurchases | $431.00 Million | -3.12% |
| Other Changes | $52.00 Million | +0.38% |
| Total Change | $- | -0.09% |
Book Value vs Market Value Analysis
This analysis compares DFDS A/S'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: 0.06x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | $183.20 | $14.27 | x |
| 2021-12-31 | $199.55 | $14.27 | x |
| 2022-12-31 | $227.46 | $14.27 | x |
| 2023-12-31 | $245.96 | $14.27 | x |
| 2024-12-31 | $255.83 | $14.27 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently DFDS A/S 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): 3.87%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.79%
- • Asset Turnover: 0.76x
- • Equity Multiplier: 2.84x
- Recent ROE (3.87%) is below the historical average (12.43%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 5.19% | 2.69% | 0.98x | 1.97x | $-301.10 Million |
| 2014 | 7.15% | 3.40% | 1.04x | 2.02x | $-172.89 Million |
| 2015 | 15.61% | 7.51% | 1.07x | 1.95x | $363.48 Million |
| 2016 | 23.33% | 11.23% | 1.06x | 1.96x | $884.46 Million |
| 2017 | 24.63% | 11.28% | 1.08x | 2.03x | $960.24 Million |
| 2018 | 17.77% | 10.37% | 0.71x | 2.41x | $712.50 Million |
| 2019 | 12.74% | 7.89% | 0.62x | 2.61x | $281.40 Million |
| 2020 | 4.12% | 3.10% | 0.52x | 2.57x | $-618.10 Million |
| 2021 | 8.37% | 5.24% | 0.60x | 2.68x | $-186.60 Million |
| 2022 | 15.44% | 7.48% | 0.79x | 2.62x | $707.80 Million |
| 2023 | 10.96% | 5.55% | 0.78x | 2.52x | $133.30 Million |
| 2024 | 3.87% | 1.79% | 0.76x | 2.84x | $-847.40 Million |
Industry Comparison
This section compares DFDS A/S's net assets metrics with peer companies in the Marine Shipping industry.
Industry Context
- Industry: Marine Shipping
- Average net assets among peers: $7,377,691,596
- Average return on equity (ROE) among peers: 27.78%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| DFDS A/S (DFDDF) | $13.65 Billion | 5.19% | 1.92x | $456.81 Million |
| Algoma Central Corporation (AGMJF) | $379.05 Million | 13.84% | 0.41x | $198.30 Million |
| AP Moeller - Maersk A/S A (AMKAF) | $28.68 Billion | 12.70% | 1.24x | $11.30 Billion |
| A.P. Møller - Mærsk A/S (AMKBF) | $42.23 Billion | 11.88% | 0.63x | $12.49 Billion |
| Ardmore Shpng (ASC) | $574.44 Million | 20.33% | 0.20x | $527.72 Million |
| American Shipping Company ASA (ASCJF) | $195.64 Million | 3.63% | 3.55x | $11.92 Million |
| Britannia Bulk Holdings Inc (BBLKF) | $32.06 Million | 25.73% | 1.21x | $9.78 |
| Braemar Shipping Services Plc (BSEAF) | $41.53 Million | 23.53% | 1.15x | $79.62 Million |
| BW LPG Limited (BWLP) | $1.59 Billion | 30.75% | 0.59x | $1.23 Billion |
| Caravelle International Group Ordinary Shares (CACO) | $10.02 Million | 122.03% | 2.55x | $12.08 Million |
| Capital Clean Energy Carriers Corp. (CCEC) | $49.40 Million | 13.38% | 3.38x | $174.42 Million |