Sidetrade (ALBFR) - Net Assets
Based on the latest financial reports, Sidetrade (ALBFR) has net assets worth €43.22 Million EUR (≈ $50.53 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 (€89.11 Million ≈ $104.18 Million USD) and total liabilities (€45.89 Million ≈ $53.65 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. Also explore total assets of Sidetrade for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €43.22 Million |
| % of Total Assets | 48.5% |
| Annual Growth Rate | 18.71% |
| 5-Year Change | 85.33% |
| 10-Year Change | 378.33% |
| Growth Volatility | 72.21 |
Sidetrade - Net Assets Trend (2001–2024)
This chart illustrates how Sidetrade's net assets have evolved over time, based on quarterly financial data. Check ALBFR goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Annual Net Assets for Sidetrade (2001–2024)
The table below shows the annual net assets of Sidetrade from 2001 to 2024. For live valuation and market cap data, see Sidetrade (ALBFR) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €39.49 Million ≈ $46.17 Million |
+26.15% |
| 2023-12-31 | €31.31 Million ≈ $36.60 Million |
+20.01% |
| 2022-12-31 | €26.09 Million ≈ $30.50 Million |
+14.53% |
| 2021-12-31 | €22.78 Million ≈ $26.63 Million |
+6.88% |
| 2020-12-31 | €21.31 Million ≈ $24.91 Million |
+29.58% |
| 2019-12-31 | €16.45 Million ≈ $19.23 Million |
+2.82% |
| 2018-12-31 | €15.99 Million ≈ $18.70 Million |
+16.90% |
| 2017-12-31 | €13.68 Million ≈ $16.00 Million |
+26.37% |
| 2016-12-31 | €10.83 Million ≈ $12.66 Million |
+31.15% |
| 2015-12-31 | €8.26 Million ≈ $9.65 Million |
+11.11% |
| 2014-12-31 | €7.43 Million ≈ $8.69 Million |
-25.54% |
| 2013-12-31 | €9.98 Million ≈ $11.67 Million |
+9.92% |
| 2012-12-31 | €9.08 Million ≈ $10.61 Million |
+4.30% |
| 2011-12-31 | €8.70 Million ≈ $10.18 Million |
+9.50% |
| 2010-12-31 | €7.95 Million ≈ $9.29 Million |
+28.18% |
| 2009-12-31 | €6.20 Million ≈ $7.25 Million |
+22.66% |
| 2008-12-31 | €5.06 Million ≈ $5.91 Million |
+24.47% |
| 2007-12-31 | €4.06 Million ≈ $4.75 Million |
+11.53% |
| 2006-12-31 | €3.64 Million ≈ $4.26 Million |
-23.73% |
| 2005-12-31 | €4.78 Million ≈ $5.58 Million |
+352.61% |
| 2004-12-31 | €1.05 Million ≈ $1.23 Million |
+5.18% |
| 2002-12-31 | €1.00 Million ≈ $1.17 Million |
+31.28% |
| 2001-12-31 | €764.00K ≈ $893.20K |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Sidetrade'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 789674900.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €7.90 Million | 20.04% |
| Common Stock | €1.48 Million | 3.76% |
| Other Comprehensive Income | €31.73 Million | 80.51% |
| Total Equity | €39.40 Million | 100.00% |
Sidetrade Competitors by Market Cap
The table below lists competitors of Sidetrade ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
PC1 Group JSC
VN:PC1
|
$334.40 Million |
|
Shenzhen Longood Intelligent Electric Co Ltd Class A
SHE:300543
|
$334.44 Million |
|
Monarch Networth Capital Limited
NSE:MONARCH
|
$334.46 Million |
|
Ho Chi Minh City Infrastructure Investment JSC
VN:CII
|
$334.46 Million |
|
Kamada
TA:KMDA
|
$334.18 Million |
|
Tianjin Motimo Membrane Tech
SHE:300334
|
$334.16 Million |
|
Zhejiang Xinchai Co. Ltd.
SHE:301032
|
$334.15 Million |
|
Castro
TA:CAST
|
$334.00 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sidetrade's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 31,305,897 to 39,404,430, a change of 8,098,533 (25.9%).
- Net income of 7,896,749 contributed positively to equity growth.
- Share repurchases of 353,000 reduced equity.
- Other comprehensive income increased equity by 5,781,132.
- Other factors decreased equity by 5,226,348.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €7.90 Million | +20.04% |
| Share Repurchases | €353.00K | -0.9% |
| Other Comprehensive Income | €5.78 Million | +14.67% |
| Other Changes | €-5.23 Million | -13.26% |
| Total Change | €- | 25.87% |
Book Value vs Market Value Analysis
This analysis compares Sidetrade'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: 7.79x
- 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 51.71x to 7.79x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2008-12-31 | €3.92 | €202.50 | x |
| 2009-12-31 | €4.79 | €202.50 | x |
| 2010-12-31 | €6.04 | €202.50 | x |
| 2011-12-31 | €6.37 | €202.50 | x |
| 2012-12-31 | €6.64 | €202.50 | x |
| 2013-12-31 | €7.25 | €202.50 | x |
| 2014-12-31 | €5.36 | €202.50 | x |
| 2015-12-31 | €5.90 | €202.50 | x |
| 2016-12-31 | €7.65 | €202.50 | x |
| 2017-12-31 | €9.65 | €202.50 | x |
| 2018-12-31 | €11.18 | €202.50 | x |
| 2019-12-31 | €11.41 | €202.50 | x |
| 2020-12-31 | €14.79 | €202.50 | x |
| 2021-12-31 | €15.65 | €202.50 | x |
| 2022-12-31 | €17.75 | €202.50 | x |
| 2023-12-31 | €20.84 | €202.50 | x |
| 2024-12-31 | €25.98 | €202.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sidetrade 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): 20.04%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 13.78%
- • Asset Turnover: 0.75x
- • Equity Multiplier: 1.95x
- Recent ROE (20.04%) is above the historical average (17.87%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | 10.34% | 6.58% | 0.78x | 2.01x | €13.80K |
| 2008 | 18.70% | 12.02% | 0.88x | 1.76x | €439.62K |
| 2009 | 19.37% | 12.74% | 0.93x | 1.63x | €581.41K |
| 2010 | 22.54% | 16.26% | 0.95x | 1.46x | €996.96K |
| 2011 | 20.46% | 15.88% | 0.96x | 1.35x | €910.51K |
| 2012 | 21.82% | 15.23% | 0.97x | 1.48x | €1.07 Million |
| 2013 | 20.27% | 14.68% | 0.95x | 1.45x | €1.03 Million |
| 2014 | 22.65% | 11.76% | 1.10x | 1.75x | €939.84K |
| 2015 | 19.93% | 10.17% | 1.10x | 1.77x | €819.82K |
| 2016 | 16.34% | 9.69% | 0.87x | 1.94x | €686.54K |
| 2017 | 14.63% | 12.96% | 0.56x | 2.01x | €633.40K |
| 2018 | 13.61% | 8.97% | 0.83x | 1.83x | €577.54K |
| 2019 | 13.36% | 8.47% | 0.86x | 1.83x | €552.04K |
| 2020 | 16.01% | 11.70% | 0.76x | 1.81x | €1.28 Million |
| 2021 | 20.73% | 14.49% | 0.58x | 2.45x | €2.44 Million |
| 2022 | 12.94% | 9.18% | 0.58x | 2.44x | €766.30K |
| 2023 | 17.97% | 12.18% | 0.71x | 2.08x | €2.50 Million |
| 2024 | 20.04% | 13.78% | 0.75x | 1.95x | €3.96 Million |
Industry Comparison
This section compares Sidetrade's net assets metrics with peer companies in the Software - Application industry.
Industry Context
- Industry: Software - Application
- Average net assets among peers: $17,269,298
- Average return on equity (ROE) among peers: -5.98%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sidetrade (ALBFR) | €43.22 Million | 10.34% | 1.06x | $334.20 Million |
| Immersion SA (ALIMR) | $2.21 Million | 1.81% | 2.02x | $3.35 Million |
| NamR SA (ALNMR) | $468.28K | 45.04% | 13.54x | $1.34 Million |
| Energisme (ALNRG) | $-2.28 Million | 0.00% | 0.00x | $14.18 Million |
| Prologue (ALPRG) | $21.52 Million | -47.43% | 2.23x | $24.33 Million |
| Prodware (ALPRO) | $76.94 Million | -30.82% | 6.67x | $217.71 Million |
| Streamwide (ALSTW) | $7.59 Million | 0.86% | 0.49x | $177.79 Million |
| Blockchain Group SA (ALTBG) | $29.94 Million | 0.41% | 0.70x | $450.46 Million |
| TaTaTu SpA (ALTTU) | $7.51 Million | -6.50% | 3.58x | $4.48 Billion |
| VOGO SA (ALVGO) | $11.52 Million | -17.16% | 0.17x | $10.86 Million |
About Sidetrade
Sidetrade SA operates as a SaaS company in France and internationally. The company offers Aimie, an artificial intelligence (AI)-powered order-to-cash assistant; Augmented Cash, a cash and credit management software solution; Augmented Order, which automates sales order processing; Credit Risk Management, a credit management software for real-time credit risk decisions; Credit Risk Expert for AI-… Read more