Hipay Group SA (ALHYP) - Net Assets
Based on the latest financial reports, Hipay Group SA (ALHYP) has net assets worth €43.27 Million EUR (≈ $50.58 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 (€225.81 Million ≈ $263.99 Million USD) and total liabilities (€182.54 Million ≈ $213.41 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 strategic asset allocation of Hipay Group SA to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €43.27 Million |
| % of Total Assets | 19.16% |
| Annual Growth Rate | -2.99% |
| 5-Year Change | 44.67% |
| 10-Year Change | -21.44% |
| Growth Volatility | 18.23 |
Hipay Group SA - Net Assets Trend (2013–2025)
This chart illustrates how Hipay Group SA's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see Hipay Group SA stock valuation.
Annual Net Assets for Hipay Group SA (2013–2025)
The table below shows the annual net assets of Hipay Group SA from 2013 to 2025. Also explore net asset momentum of Hipay Group SA to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | €43.27 Million ≈ $50.58 Million |
+42.94% |
| 2024-12-31 | €30.27 Million ≈ $35.39 Million |
+24.37% |
| 2023-12-31 | €24.34 Million ≈ $28.45 Million |
+8.56% |
| 2022-12-31 | €22.42 Million ≈ $26.21 Million |
-25.04% |
| 2021-12-31 | €29.91 Million ≈ $34.96 Million |
-13.15% |
| 2020-12-31 | €34.44 Million ≈ $40.26 Million |
-6.37% |
| 2019-12-31 | €36.78 Million ≈ $43.00 Million |
-13.43% |
| 2018-12-31 | €42.49 Million ≈ $49.67 Million |
-16.47% |
| 2017-12-31 | €50.86 Million ≈ $59.47 Million |
-7.65% |
| 2016-12-31 | €55.08 Million ≈ $64.39 Million |
-5.11% |
| 2015-12-31 | €58.04 Million ≈ $67.86 Million |
+4.00% |
| 2014-12-31 | €55.81 Million ≈ $65.25 Million |
-10.43% |
| 2013-12-31 | €62.31 Million ≈ $72.85 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Hipay Group 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 3818.1% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | €25.26 Million | 58.38% |
| Other Components | €51.51 Million | 119.05% |
| Total Equity | €43.27 Million | 100.00% |
Hipay Group SA Competitors by Market Cap
The table below lists competitors of Hipay Group SA ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Compal Broadband Networks Inc
TW:6674
|
$34.12 Million |
|
GP Petroleums Limited
NSE:GULFPETRO
|
$34.12 Million |
|
Daiyang Metal
KO:009190
|
$34.13 Million |
|
FORTEC Elektronik AG
F:FEV
|
$34.13 Million |
|
Lotte Chilsung Beverage Co Ltd
KO:005305
|
$34.10 Million |
|
Accentis
BR:ACCB
|
$34.10 Million |
|
Shanghai Kai Kai Industry Co Ltd B
SHG:900943
|
$34.08 Million |
|
Artea SA
PA:ARTE
|
$34.07 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hipay Group SA's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 30,268,000 to 43,265,000, a change of 12,997,000 (42.9%).
- Net income of 5,894,000 contributed positively to equity growth.
- Other comprehensive income decreased equity by 511,000.
- Other factors increased equity by 7,614,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €5.89 Million | +13.62% |
| Other Comprehensive Income | €-511.00K | -1.18% |
| Other Changes | €7.61 Million | +17.6% |
| Total Change | €- | 42.94% |
Book Value vs Market Value Analysis
This analysis compares Hipay Group 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: 0.67x
- 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 increased from 0.37x to 0.67x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-12-31 | €12.47 | €4.62 | x |
| 2014-12-31 | €11.15 | €4.62 | x |
| 2015-12-31 | €11.74 | €4.62 | x |
| 2016-12-31 | €11.17 | €4.62 | x |
| 2017-12-31 | €10.27 | €4.62 | x |
| 2018-12-31 | €8.57 | €4.62 | x |
| 2019-12-31 | €7.42 | €4.62 | x |
| 2020-12-31 | €6.94 | €4.62 | x |
| 2021-12-31 | €6.03 | €4.62 | x |
| 2022-12-31 | €4.52 | €4.62 | x |
| 2023-12-31 | €4.91 | €4.62 | x |
| 2024-12-31 | €6.06 | €4.62 | x |
| 2025-12-31 | €6.85 | €4.62 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hipay Group 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): 13.62%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.88%
- • Asset Turnover: 0.33x
- • Equity Multiplier: 5.22x
- Recent ROE (13.62%) is above the historical average (-5.88%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 1.46% | 0.95% | 0.82x | 1.89x | €-5.28 Million |
| 2014 | -11.01% | -6.74% | 0.80x | 2.03x | €-11.60 Million |
| 2015 | -5.26% | -11.75% | 0.24x | 1.84x | €-8.80 Million |
| 2016 | -4.33% | -7.74% | 0.28x | 2.02x | €-7.87 Million |
| 2017 | -8.96% | -18.58% | 0.24x | 2.00x | €-9.65 Million |
| 2018 | -19.81% | -29.21% | 0.26x | 2.64x | €-12.67 Million |
| 2019 | -15.63% | -16.49% | 0.26x | 3.72x | €-9.43 Million |
| 2020 | -5.45% | -4.11% | 0.28x | 4.75x | €-5.32 Million |
| 2021 | -14.54% | -8.06% | 0.36x | 5.08x | €-7.34 Million |
| 2022 | -34.71% | -13.20% | 0.34x | 7.72x | €-10.02 Million |
| 2023 | 8.90% | 3.31% | 0.34x | 7.80x | €-267.70K |
| 2024 | 19.28% | 7.85% | 0.38x | 6.49x | €2.81 Million |
| 2025 | 13.62% | 7.88% | 0.33x | 5.22x | €1.57 Million |
Industry Comparison
This section compares Hipay Group SA's net assets metrics with peer companies in the Software - Infrastructure industry.
Industry Context
- Industry: Software - Infrastructure
- Average net assets among peers: $188,743,000
- Average return on equity (ROE) among peers: 6.69%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hipay Group SA (ALHYP) | €43.27 Million | 1.46% | 4.22x | $34.10 Million |
| GECI International SA (ALGEC) | $-728.00K | 0.00% | 0.00x | $1.76 Million |
| Wallix Group SA (ALLIX) | $25.31 Million | -28.91% | 1.09x | $169.74 Million |
| Munic SA (ALMUN) | $11.21 Million | -2.04% | 0.64x | $4.28 Million |
| LIGHTON (ALTAI) | $4.38 Million | 85.24% | 0.64x | $26.54 Million |
| Tractial S.A. (ALTRA) | $1.70 Million | 25.19% | 5.29x | $16.75 Million |
| OVH Groupe SAS (OVH) | $105.61 Million | -30.62% | 10.86x | $1.79 Billion |
| Verimatrix (VMX) | $70.45 Million | -6.53% | 0.48x | $30.46 Million |
| Worldline SA (WLN) | $1.29 Billion | 11.16% | 0.79x | $776.54 Million |
About Hipay Group SA
HiPay Group SA provides augmented payment solutions in France and rest of Europe. The company offers online payments, unified commerce, and marketplace payments solutions; retail, iGaming, and SaaS and digital products solutions; payment management, payments methods, fraud management, conversion optimization, and data insights solutions. The company serves pure players, marketplaces, and franchis… Read more