Prodware
Prodware S.A. provides digital transformation solutions in France and internationally. It offers management software, such as Microsoft Dynamics 365, Microsoft Dynamics 365 Business Central, Microsoft ERP and CRM Solutions, Sage 100, Sage FRP 1000, Sage eInvoice, and software business solutions; business intelligence solutions, including Copilot, Prodware AI apps, Microsoft Fabric, Microsoft Azur… Read more
Prodware (ALPRO) - Net Assets
Latest net assets as of June 2025: €116.29 Million EUR
Based on the latest financial reports, Prodware (ALPRO) has net assets worth €116.29 Million EUR as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€628.87 Million) and total liabilities (€512.59 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 | €116.29 Million |
| % of Total Assets | 18.49% |
| Annual Growth Rate | 23.22% |
| 5-Year Change | -34.76% |
| 10-Year Change | 89496.31% |
| Growth Volatility | 22287.79 |
Prodware - Net Assets Trend (2003–2024)
This chart illustrates how Prodware's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Prodware (2003–2024)
The table below shows the annual net assets of Prodware from 2003 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €98.99 Million | +28.66% |
| 2023-12-31 | €76.94 Million | -23.59% |
| 2022-12-31 | €100.70 Million | +20.84% |
| 2021-12-31 | €83.33 Million | -45.07% |
| 2020-12-31 | €151.72 Million | +4.76% |
| 2019-12-31 | €144.82 Million | +104688.47% |
| 2018-12-31 | €138.21K | +6.00% |
| 2017-12-31 | €130.39K | +9.69% |
| 2016-12-31 | €118.87K | +7.59% |
| 2015-12-31 | €110.48K | -99.89% |
| 2014-12-31 | €104.79 Million | +9.69% |
| 2013-12-31 | €95.53 Million | +22.16% |
| 2012-12-31 | €78.20 Million | +17.79% |
| 2011-12-31 | €66.39 Million | +36.47% |
| 2010-12-31 | €48.65 Million | +29.64% |
| 2009-12-31 | €37.53 Million | +15.94% |
| 2008-12-31 | €32.37 Million | +10.75% |
| 2007-12-31 | €29.23 Million | +50.06% |
| 2006-12-31 | €19.48 Million | +348.47% |
| 2005-12-31 | €4.34 Million | +114.76% |
| 2004-12-31 | €2.02 Million | +63.99% |
| 2003-12-31 | €1.23 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Prodware'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 4457.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €22.20 Million | 22.43% |
| Common Stock | €4.97 Million | 5.03% |
| Other Comprehensive Income | €22.01 Million | 22.24% |
| Other Components | €49.77 Million | 50.30% |
| Total Equity | €98.96 Million | 100.00% |
Prodware Competitors by Market Cap
The table below lists competitors of Prodware ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Elong Power Holding Limited Class A Ordinary Shares
NASDAQ:ELPW
|
$1.71 Million |
|
Gabo Mining Ltd.
V:GAB
|
$1.71 Million |
|
Sea Harvest Group Ltd
JSE:SHG
|
$1.71 Million |
|
Eastfield Resources Ltd
PINK:ETFLF
|
$1.71 Million |
|
Harrys Manufacturing Inc
PINK:WSRRF
|
$1.71 Million |
|
DAETWYLER HLDG (31D1.SG)
STU:31D1
|
$1.71 Million |
|
DICK'S SPORT GOODS
MU:DSG
|
$1.71 Million |
|
ASIA Capital Group Public Company Limited
BK:ACAP
|
$1.71 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Prodware's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 76,743,000 to 98,956,000, a change of 22,213,000 (28.9%).
- Net income of 22,200,000 contributed positively to equity growth.
- Other comprehensive income decreased equity by 23,693,000.
- Other factors increased equity by 23,706,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €22.20 Million | +22.43% |
| Other Comprehensive Income | €-23.69 Million | -23.94% |
| Other Changes | €23.71 Million | +23.96% |
| Total Change | €- | 28.94% |
Book Value vs Market Value Analysis
This analysis compares Prodware'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: 2165.76x
- 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 increased from 3.56x to 2165.76x 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 | €7.86 | €28.00 | x |
| 2008-12-31 | €6.07 | €28.00 | x |
| 2009-12-31 | €10.40 | €28.00 | x |
| 2010-12-31 | €11.42 | €28.00 | x |
| 2011-12-31 | €10.64 | €28.00 | x |
| 2012-12-31 | €10.75 | €28.00 | x |
| 2013-12-31 | €11.35 | €28.00 | x |
| 2014-12-31 | €12.06 | €28.00 | x |
| 2015-12-31 | €0.01 | €28.00 | x |
| 2016-12-31 | €0.01 | €28.00 | x |
| 2017-12-31 | €0.01 | €28.00 | x |
| 2018-12-31 | €0.01 | €28.00 | x |
| 2019-12-31 | €0.02 | €28.00 | x |
| 2020-12-31 | €0.02 | €28.00 | x |
| 2021-12-31 | €0.01 | €28.00 | x |
| 2022-12-31 | €0.01 | €28.00 | x |
| 2023-12-31 | €0.01 | €28.00 | x |
| 2024-12-31 | €0.01 | €28.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Prodware 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): 22.43%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.32%
- • Asset Turnover: 1.07x
- • Equity Multiplier: 6.30x
- Recent ROE (22.43%) is above the historical average (5.38%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2003 | 12.66% | 0.98% | 1.64x | 7.91x | €32.80K |
| 2004 | 24.20% | 2.17% | 1.76x | 6.34x | €287.20K |
| 2005 | 18.93% | 2.54% | 1.46x | 5.10x | €308.35K |
| 2006 | 9.47% | 4.60% | 0.87x | 2.37x | €-103.50K |
| 2007 | 12.54% | 5.28% | 0.76x | 3.11x | €741.00K |
| 2008 | 6.82% | 2.32% | 0.89x | 3.30x | €-1.03 Million |
| 2009 | 14.03% | 6.25% | 0.73x | 3.07x | €1.52 Million |
| 2010 | 16.87% | 9.84% | 0.67x | 2.54x | €3.35 Million |
| 2011 | 18.46% | 11.46% | 0.66x | 2.43x | €5.62 Million |
| 2012 | 5.64% | 3.07% | 0.68x | 2.71x | €-3.40 Million |
| 2013 | 8.10% | 4.38% | 0.84x | 2.20x | €-1.82 Million |
| 2014 | 5.03% | 3.00% | 0.78x | 2.14x | €-5.20 Million |
| 2015 | 5.41% | 3.28% | 0.80x | 2.06x | €-5.05K |
| 2016 | 7.67% | 5.17% | 0.65x | 2.29x | €-2.76K |
| 2017 | 8.54% | 6.62% | 0.57x | 2.27x | €-1.90K |
| 2018 | 6.62% | 5.18% | 0.56x | 2.30x | €-4.66K |
| 2019 | 7.29% | 5.61% | 0.52x | 2.49x | €-3.91 Million |
| 2020 | 5.03% | 4.42% | 0.46x | 2.48x | €-7.55 Million |
| 2021 | -82.15% | -41.36% | 0.51x | 3.90x | €-76.79 Million |
| 2022 | 15.62% | 8.34% | 0.53x | 3.51x | €5.65 Million |
| 2023 | -30.90% | -6.23% | 0.65x | 7.69x | €-31.38 Million |
| 2024 | 22.43% | 3.32% | 1.07x | 6.30x | €12.30 Million |
Industry Comparison
This section compares Prodware's net assets metrics with peer companies in the Software - Application industry.
Industry Context
- Industry: Software - Application
- Average net assets among peers: $35,020,438
- Average return on equity (ROE) among peers: -10.36%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Prodware (ALPRO) | €116.29 Million | 12.66% | 4.41x | $1.71 Million |
| 74SW (74SW) | $258.37 Million | 13.78% | 0.52x | $325.46K |
| Sidetrade (ALBFR) | $26.09 Million | 12.94% | 1.44x | $126.60 Million |
| Immersion SA (ALIMR) | $2.13 Million | -7.67% | 1.78x | $792.66K |
| NamR SA (ALNMR) | $-270.38K | 0.00% | 0.00x | $460.23K |
| Energisme (ALNRG) | $2.99 Million | -197.95% | 2.82x | $9.87 Million |
| Prologue (ALPRG) | $-15.10 Million | 0.00% | 0.00x | $18.88 Million |
| Streamwide (ALSTW) | $9.49 Million | 21.05% | 0.50x | $87.34 Million |
| Blockchain Group SA (ALTBG) | $1.47 Million | 95.70% | 8.54x | $267.70 Million |
| TaTaTu SpA (ALTTU) | $30.03 Million | -31.13% | 4.25x | $151.21 Million |