Alan Allman Associates SA (AAA) - Net Assets

Latest as of December 2025: €41.23 Million EUR ≈ $48.20 Million USD

Based on the latest financial reports, Alan Allman Associates SA (AAA) has net assets worth €41.23 Million EUR (≈ $48.20 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€310.19 Million ≈ $362.64 Million USD) and total liabilities (€268.96 Million ≈ $314.44 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. Check how tangible is Alan Allman Associates SA's equity to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	€41.23 Million
% of Total Assets	13.29%
Annual Growth Rate	0.52%
5-Year Change	8.81%
10-Year Change	N/A
Growth Volatility	1460.81

Alan Allman Associates SA - Net Assets Trend (2007–2025)

This chart illustrates how Alan Allman Associates SA's net assets have evolved over time, based on quarterly financial data. See Alan Allman Associates SA defensive interval ratio to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Alan Allman Associates SA (2007–2025)

The table below shows the annual net assets of Alan Allman Associates SA from 2007 to 2025. For live valuation and market cap data, see Alan Allman Associates SA (AAA) market capitalisation.

Year	Net Assets	Change
2025-12-31	€41.23 Million ≈ $48.20 Million	-25.26%
2024-12-31	€55.17 Million ≈ $64.50 Million	-17.03%
2023-12-31	€66.49 Million ≈ $77.73 Million	+32.90%
2022-12-31	€50.03 Million ≈ $58.49 Million	+32.02%
2021-12-31	€37.90 Million ≈ $44.30 Million	+5407.99%
2020-12-31	€688.00K ≈ $804.34K	-33.33%
2019-12-31	€1.03 Million ≈ $1.21 Million	-28.93%
2018-12-31	€1.45 Million ≈ $1.70 Million	-48.78%
2017-12-31	€2.83 Million ≈ $3.31 Million	+116.18%
2016-12-31	€-17.52 Million ≈ $-20.49 Million	-134.61%
2015-12-31	€-7.47 Million ≈ $-8.73 Million	+21.24%
2014-12-31	€-9.48 Million ≈ $-11.09 Million	-88.55%
2013-12-31	€-5.03 Million ≈ $-5.88 Million	-436.91%
2012-12-31	€1.49 Million ≈ $1.75 Million	-90.78%
2010-12-31	€16.20 Million ≈ $18.93 Million	-30.83%
2009-12-31	€23.42 Million ≈ $27.38 Million	-19.12%
2008-12-31	€28.95 Million ≈ $33.85 Million	-22.86%
2007-12-31	€37.53 Million ≈ $43.88 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Alan Allman Associates SA'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 100.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Common Stock	€13.77 Million	34.56%
Other Comprehensive Income	€26.07 Million	65.44%
Total Equity	€39.84 Million	100.00%

Alan Allman Associates SA Competitors by Market Cap

The table below lists competitors of Alan Allman Associates SA ranked by their market capitalization.

Company	Market Cap
NCS Multistage Holdings Inc NASDAQ:NCSM	$98.18 Million
Richmond International Travel & Tours Co Ltd TWO:2743	$98.23 Million
HORNG SHIUE HOLDING Co Ltd TW:2243	$98.24 Million
Papaya Growth Opportunity Corp I NASDAQ:PPYA	$98.24 Million
Avadh Sugar & Energy Limited NSE:AVADHSUGAR	$98.07 Million
DATA MODUL Aktiengesellschaft Produktion und Vertrieb von elektronischen Systemen XETRA:DAM	$98.03 Million
Kestrel Group, Ltd. NASDAQ:KG	$98.03 Million
S&D Co. Ltd. KQ:260970	$98.02 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Alan Allman Associates SA's equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from 53,191,000 to 39,839,000, a change of -13,352,000 (-25.1%).
Net loss of 9,396,000 reduced equity.
Share repurchases of 3,148,000 reduced equity.
Other comprehensive income decreased equity by 25,601,000.
Other factors increased equity by 24,793,000.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	€-9.40 Million	-23.58%
Share Repurchases	€3.15 Million	-7.9%
Other Comprehensive Income	€-25.60 Million	-64.26%
Other Changes	€24.79 Million	+62.23%
Total Change	€-	-25.10%

Book Value vs Market Value Analysis

This analysis compares Alan Allman Associates SA'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: 2.11x
The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
The price-to-book ratio has increased from 0.06x to 2.11x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2007-12-31	€28.56	€1.85	x
2008-12-31	€22.50	€1.85	x
2009-12-31	€19.28	€1.85	x
2010-12-31	€13.60	€1.85	x
2011-12-31	€14.65	€1.85	x
2012-12-31	€1.56	€1.85	x
2013-12-31	€-3.04	€1.85	x
2014-12-31	€-6.13	€1.85	x
2015-12-31	€-5.31	€1.85	x
2016-12-31	€-11.49	€1.85	x
2017-12-31	€2.58	€1.85	x
2018-12-31	€1.32	€1.85	x
2019-12-31	€0.94	€1.85	x
2020-12-31	€0.02	€1.85	x
2021-12-31	€0.85	€1.85	x
2022-12-31	€1.10	€1.85	x
2023-12-31	€1.43	€1.85	x
2024-12-31	€1.17	€1.85	x
2025-12-31	€0.87	€1.85	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Alan Allman Associates SA 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): -23.58%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -2.84%
• Asset Turnover: 1.07x
• Equity Multiplier: 7.79x
Recent ROE (-23.58%) is below the historical average (8.50%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2007	24.57%	4.61%	1.54x	3.45x	€4.57 Million
2008	-29.53%	-3.60%	1.76x	4.67x	€-9.77 Million
2009	-24.03%	-3.05%	1.57x	5.02x	€-7.21 Million
2010	46.04%	4.28%	1.82x	5.91x	€5.39 Million
2011	9.49%	0.84%	1.98x	5.68x	€-82.50K
2012	-709.98%	-6.45%	2.33x	47.30x	€-12.34 Million
2013	0.00%	-2.69%	2.59x	0.00x	€-5.08 Million
2014	0.00%	-1.53%	2.35x	0.00x	€-2.16 Million
2015	0.00%	0.23%	2.30x	0.00x	€996.60K
2016	0.00%	0.00%	0.00x	0.00x	€-7.20 Million
2017	546.84%	0.00%	0.00x	1.65x	€15.22 Million
2018	96.49%	0.00%	0.00x	2.08x	€1.26 Million
2019	-60.27%	0.00%	0.00x	2.25x	€-725.20K
2020	262.50%	1.29%	107.92x	1.89x	€1.74 Million
2021	17.61%	3.64%	0.85x	5.67x	€2.78 Million
2022	19.53%	2.94%	1.00x	6.64x	€4.60 Million
2023	8.79%	1.57%	0.96x	5.85x	€-786.80K
2024	-22.95%	-3.26%	1.08x	6.51x	€-17.53 Million
2025	-23.58%	-2.84%	1.07x	7.79x	€-13.38 Million

Industry Comparison

This section compares Alan Allman Associates SA's net assets metrics with peer companies in the Consulting Services industry.

Industry Context

Industry: Consulting Services
Average net assets among peers: $737,759,496
Average return on equity (ROE) among peers: 11.68%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Alan Allman Associates SA (AAA)	€41.23 Million	24.57%	6.52x	$98.15 Million
Bureau Veritas SA (BVI)	$1.29 Billion	27.03%	1.73x	$11.54 Billion
Ipsos SA (IPS)	$926.12 Million	8.00%	1.54x	$1.30 Billion
Easson Holdings Ltd (MLEAS)	$-3.84 Million	0.00%	0.00x	$2.29 Million

About Alan Allman Associates SA

PA:AAA France Consulting Services

Market Cap

$98.15 Million

€83.96 Million EUR

Market Cap Rank

#19346 Global

#292 in France

Share Price

€1.85

Change (1 day)

-2.63%

52-Week Range

€1.85 - €4.48

All Time High

€20.84