Corero Network Security plc
Corero Network Security plc provides distributed denial of service (DDoS) protection solutions worldwide. The company offers SmartWall One a solution that offers inline and data path protection, edge mitigation, and scrubbing; DDos Intelligence Service, an AI-assisted service that delivers pre-emptive, predictive attack mitigation, before the first attack is even seen; and Corero Observability an… Read more
Corero Network Security plc (DDOSF) - Net Assets
Latest net assets as of June 2025: $16.64 Million USD
Based on the latest financial reports, Corero Network Security plc (DDOSF) has net assets worth $16.64 Million USD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($29.96 Million) and total liabilities ($13.32 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 | $16.64 Million |
| % of Total Assets | 55.55% |
| Annual Growth Rate | 7.68% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 5.23 |
Corero Network Security plc - Net Assets Trend (2020–2024)
This chart illustrates how Corero Network Security plc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Corero Network Security plc (2020–2024)
The table below shows the annual net assets of Corero Network Security plc from 2020 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $18.66 Million | +11.51% |
| 2023-12-31 | $16.74 Million | +5.37% |
| 2022-12-31 | $15.88 Million | +0.51% |
| 2021-12-31 | $15.80 Million | +13.85% |
| 2020-12-31 | $13.88 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Corero Network Security plc'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 250300000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $97.95 Million | 524.81% |
| Total Equity | $18.66 Million | 100.00% |
Corero Network Security plc Competitors by Market Cap
The table below lists competitors of Corero Network Security plc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Tarkett S.A.
LSE:0QSA
|
$32.36 Million |
|
Tarkett SA
PA:TKTT
|
$32.36 Million |
|
Ersan Alisveris Hizmetleri & Gida Sanayi Ticaret AS
IS:KIMMR
|
$32.37 Million |
|
KLX Energy Services Holdings Inc
NASDAQ:KLXE
|
$32.39 Million |
|
Prozone Realty Limited
NSE:PROZONER
|
$32.35 Million |
|
MPH Health Care AG
F:93M1
|
$32.35 Million |
|
Adtraction Group AB
ST:ADTR
|
$32.33 Million |
|
Kabra Extrusion Technik Limited
NSE:KABRAEXTRU
|
$32.33 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Corero Network Security plc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 16,737,000 to 18,664,000, a change of 1,927,000 (11.5%).
- Net income of 498,000 contributed positively to equity growth.
- New share issuances of 994,000 increased equity.
- Other factors increased equity by 435,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $498.00K | +2.67% |
| Share Issuances | $994.00K | +5.33% |
| Other Changes | $435.00K | +2.33% |
| Total Change | $- | 11.51% |
Book Value vs Market Value Analysis
This analysis compares Corero Network Security plc'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: 6.31x
- 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 8.20x to 6.31x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | $0.03 | $0.23 | x |
| 2021-12-31 | $0.03 | $0.23 | x |
| 2022-12-31 | $0.03 | $0.23 | x |
| 2023-12-31 | $0.03 | $0.23 | x |
| 2024-12-31 | $0.04 | $0.23 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Corero Network Security plc 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): 2.67%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.03%
- • Asset Turnover: 0.73x
- • Equity Multiplier: 1.79x
- Recent ROE (2.67%) is above the historical average (-2.50%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | -27.26% | -22.42% | 0.57x | 2.13x | $-5.17 Million |
| 2021 | 9.63% | 7.28% | 0.70x | 1.88x | $-58.30K |
| 2022 | 3.49% | 2.75% | 0.75x | 1.69x | $-1.03 Million |
| 2023 | -1.02% | -0.76% | 0.79x | 1.70x | $-1.84 Million |
| 2024 | 2.67% | 2.03% | 0.73x | 1.79x | $-1.37 Million |
Industry Comparison
This section compares Corero Network Security plc's net assets metrics with peer companies in the Software - Infrastructure industry.
Industry Context
- Industry: Software - Infrastructure
- Average net assets among peers: $237,144,588
- Average return on equity (ROE) among peers: -85.78%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Corero Network Security plc (DDOSF) | $16.64 Million | -27.26% | 0.80x | $32.35 Million |
| Automatic Bank Services Limited (ABANF) | $231.37 Million | 16.52% | 0.19x | $269.02 Million |
| ACI Worldwide Inc (ACIW) | $76.50 Million | 16.47% | 0.61x | $4.01 Billion |
| Adyen N.V (ADYYF) | $389.78 Million | 18.29% | 1.92x | $34.24 Billion |
| Aeva Technologies, Inc. Common Stock (AEVA) | $99.35 Million | -153.25% | 0.48x | $418.95 Million |
| Aeva Technologies, Inc. Warrants (AEVAW) | $456.38 Million | -22.32% | 0.05x | $3.74 Million |
| Affluence Corporation (AFFU) | $-639.00K | 0.00% | 0.00x | $3.98K |
| Axe Compute Inc. (AGPU) | $923.68K | -706.52% | 2.04x | $2.86 Million |
| C3 Ai Inc (AI) | $838.30 Million | -34.44% | 0.22x | $1.15 Billion |
| iLearningEngines, Inc. (AILE) | $264.32 Million | 1.83% | 0.09x | $17.39 Million |
| PowerFleet, Inc. (AIOT) | $15.17 Million | 5.61% | 0.31x | $383.57 Million |