DLSI (ALDLS) - Net Assets
Based on the latest financial reports, DLSI (ALDLS) has net assets worth €57.27 Million EUR (≈ $66.95 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 (€117.15 Million ≈ $136.97 Million USD) and total liabilities (€59.88 Million ≈ $70.01 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 tangible equity quality of DLSI to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €57.27 Million |
| % of Total Assets | 48.88% |
| Annual Growth Rate | 13.22% |
| 5-Year Change | 9.85% |
| 10-Year Change | 58.84% |
| Growth Volatility | 28.07 |
DLSI - Net Assets Trend (2004–2025)
This chart illustrates how DLSI's net assets have evolved over time, based on quarterly financial data. See DLSI (ALDLS) liquidity interval to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for DLSI (2004–2025)
The table below shows the annual net assets of DLSI from 2004 to 2025. For live valuation and market cap data, see DLSI market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | €57.27 Million ≈ $66.95 Million |
-3.22% |
| 2024-12-31 | €59.17 Million ≈ $69.18 Million |
-1.10% |
| 2023-12-31 | €59.83 Million ≈ $69.95 Million |
+5.27% |
| 2022-12-31 | €56.84 Million ≈ $66.45 Million |
+9.02% |
| 2021-12-31 | €52.13 Million ≈ $60.95 Million |
+6.77% |
| 2020-12-31 | €48.83 Million ≈ $57.09 Million |
-1.81% |
| 2019-12-31 | €49.73 Million ≈ $58.14 Million |
+4.91% |
| 2018-12-31 | €47.40 Million ≈ $55.42 Million |
+14.19% |
| 2017-12-31 | €41.51 Million ≈ $48.53 Million |
+15.14% |
| 2016-12-31 | €36.05 Million ≈ $42.15 Million |
+17.20% |
| 2015-12-31 | €30.76 Million ≈ $35.96 Million |
+23.60% |
| 2014-12-31 | €24.89 Million ≈ $29.10 Million |
+15.57% |
| 2013-12-31 | €21.53 Million ≈ $25.18 Million |
+19.78% |
| 2012-12-31 | €17.98 Million ≈ $21.02 Million |
-0.61% |
| 2011-12-31 | €18.09 Million ≈ $21.15 Million |
+5.12% |
| 2010-12-31 | €17.21 Million ≈ $20.12 Million |
+3.72% |
| 2009-12-31 | €16.59 Million ≈ $19.40 Million |
-2.42% |
| 2008-12-31 | €17.00 Million ≈ $19.88 Million |
+13.54% |
| 2007-12-31 | €14.97 Million ≈ $17.51 Million |
+23.28% |
| 2006-12-31 | €12.15 Million ≈ $14.20 Million |
+134.90% |
| 2005-12-31 | €5.17 Million ≈ $6.05 Million |
+22.35% |
| 2004-12-31 | €4.23 Million ≈ $4.94 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to DLSI'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 | €5.08 Million | 9.01% |
| Other Comprehensive Income | €47.45 Million | 84.10% |
| Other Components | €3.89 Million | 6.89% |
| Total Equity | €56.42 Million | 100.00% |
DLSI Competitors by Market Cap
The table below lists competitors of DLSI ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Liberty Defense Holdings, Ltd. Common Shares
NASDAQ:DETX
|
$23.25 Million |
|
Scage Future American Depositary Shares
NASDAQ:SCAG
|
$23.26 Million |
|
Cleanspace Holdings Ltd
AU:CSX
|
$23.26 Million |
|
Damai Sejahtera Abadi Tbk PT
JK:UFOE
|
$23.27 Million |
|
Neuphoria Therapeutics Inc
NASDAQ:NEUP
|
$23.23 Million |
|
Skin n Skin Co. Ltd
KQ:159910
|
$23.23 Million |
|
Firebird Metals Ltd
AU:FRB
|
$23.23 Million |
|
Synergy House Berhad
KLSE:0279
|
$23.22 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in DLSI's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 58,372,000 to 56,423,000, a change of -1,949,000 (-3.3%).
- Net loss of 1,124,000 reduced equity.
- Dividend payments of 1,016,999 reduced retained earnings.
- Other comprehensive income decreased equity by 1,949,000.
- Other factors increased equity by 2,140,999.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-1.12 Million | -1.99% |
| Dividends Paid | €1.02 Million | -1.8% |
| Other Comprehensive Income | €-1.95 Million | -3.45% |
| Other Changes | €2.14 Million | +3.79% |
| Total Change | €- | -3.34% |
Book Value vs Market Value Analysis
This analysis compares DLSI'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: 0.43x
- 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.
- The price-to-book ratio has decreased from 1.96x to 0.43x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2004-12-31 | €4.91 | €9.65 | x |
| 2005-12-31 | €6.01 | €9.65 | x |
| 2006-12-31 | €4.83 | €9.65 | x |
| 2007-12-31 | €5.92 | €9.65 | x |
| 2008-12-31 | €6.56 | €9.65 | x |
| 2009-12-31 | €6.39 | €9.65 | x |
| 2010-12-31 | €6.62 | €9.65 | x |
| 2011-12-31 | €6.91 | €9.65 | x |
| 2012-12-31 | €6.82 | €9.65 | x |
| 2013-12-31 | €8.15 | €9.65 | x |
| 2014-12-31 | €9.47 | €9.65 | x |
| 2015-12-31 | €11.78 | €9.65 | x |
| 2016-12-31 | €13.86 | €9.65 | x |
| 2017-12-31 | €16.04 | €9.65 | x |
| 2018-12-31 | €18.32 | €9.65 | x |
| 2019-12-31 | €19.23 | €9.65 | x |
| 2020-12-31 | €18.98 | €9.65 | x |
| 2021-12-31 | €20.27 | €9.65 | x |
| 2022-12-31 | €22.05 | €9.65 | x |
| 2023-12-31 | €23.19 | €9.65 | x |
| 2024-12-31 | €22.97 | €9.65 | x |
| 2025-12-31 | €22.21 | €9.65 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently DLSI 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): -1.99%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -0.52%
- • Asset Turnover: 1.83x
- • Equity Multiplier: 2.08x
- Recent ROE (-1.99%) is below the historical average (11.26%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | 13.16% | 0.78% | 2.31x | 7.37x | €133.69K |
| 2005 | 18.83% | 1.18% | 2.56x | 6.25x | €456.40K |
| 2006 | 16.25% | 2.06% | 2.23x | 3.53x | €758.82K |
| 2007 | 23.46% | 2.80% | 2.11x | 3.96x | €2.00 Million |
| 2008 | 18.16% | 2.03% | 2.26x | 3.96x | €1.36 Million |
| 2009 | 4.10% | 0.57% | 2.14x | 3.38x | €-958.77K |
| 2010 | 8.30% | 0.81% | 1.93x | 5.33x | €-286.19K |
| 2011 | 8.31% | 0.71% | 2.50x | 4.67x | €-296.48K |
| 2012 | 2.25% | 0.21% | 2.31x | 4.60x | €-1.34 Million |
| 2013 | 18.83% | 2.12% | 2.27x | 3.91x | €1.83 Million |
| 2014 | 16.35% | 2.17% | 2.06x | 3.64x | €1.53 Million |
| 2015 | 20.61% | 3.25% | 2.21x | 2.86x | €3.18 Million |
| 2016 | 18.26% | 3.29% | 2.19x | 2.54x | €2.91 Million |
| 2017 | 17.29% | 3.27% | 1.96x | 2.69x | €2.97 Million |
| 2018 | 15.45% | 3.13% | 2.02x | 2.45x | €2.54 Million |
| 2019 | 9.82% | 2.07% | 2.01x | 2.37x | €-86.50K |
| 2020 | -0.97% | -0.28% | 1.43x | 2.39x | €-5.29 Million |
| 2021 | 5.70% | 1.51% | 1.70x | 2.22x | €-2.22 Million |
| 2022 | 8.54% | 2.43% | 1.75x | 2.00x | €-816.30K |
| 2023 | 6.24% | 1.80% | 1.77x | 1.96x | €-2.21 Million |
| 2024 | 0.85% | 0.23% | 1.79x | 2.03x | €-5.34 Million |
| 2025 | -1.99% | -0.52% | 1.83x | 2.08x | €-6.77 Million |
Industry Comparison
This section compares DLSI's net assets metrics with peer companies in the Staffing & Employment Services industry.
Industry Context
- Industry: Staffing & Employment Services
- Average net assets among peers: $255,134,236
- Average return on equity (ROE) among peers: 5.99%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| DLSI (ALDLS) | €57.27 Million | 13.16% | 1.05x | $23.24 Million |
| Freelance.Com (ALFRE) | $-466.06K | 0.00% | 0.00x | $122.03 Million |
| Mare Nostrum (ALMAR) | $-12.80 Million | 0.00% | 0.00x | $3.62 Million |
| Groupe CRIT SA (CEN) | $663.40 Million | 6.64% | 0.89x | $587.79 Million |
| Synergie SE (SDG) | $370.40 Million | 17.30% | 1.14x | $663.93 Million |
About DLSI
DLSI provides employment solutions in France, Germany, Switzerland, Luxembourg, and rest of the European Union. The company operates a network of employment agencies for the wood and tertiary industries. It offers its services under the DLSI, PEMSA GROUP, EMO DLSI, and TERCIO brands. DLSI was incorporated in 1992 and is headquartered in Forbach, France.