Voyageurs du Monde SA (ALVDM) - Net Assets
Based on the latest financial reports, Voyageurs du Monde SA (ALVDM) has net assets worth €245.57 Million EUR (≈ $287.09 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 (€637.22 Million ≈ $744.98 Million USD) and total liabilities (€391.65 Million ≈ $457.89 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 strategically is Voyageurs du Monde SA's equity deployed to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €245.57 Million |
| % of Total Assets | 38.54% |
| Annual Growth Rate | 14.3% |
| 5-Year Change | 139.68% |
| 10-Year Change | 218.64% |
| Growth Volatility | 26.07 |
Voyageurs du Monde SA - Net Assets Trend (2004–2025)
This chart illustrates how Voyageurs du Monde SA's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see how much is Voyageurs du Monde SA worth.
Annual Net Assets for Voyageurs du Monde SA (2004–2025)
The table below shows the annual net assets of Voyageurs du Monde SA from 2004 to 2025. Also explore ALVDM shareholders equity momentum to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | €245.57 Million ≈ $287.09 Million |
+78.63% |
| 2024-12-31 | €137.47 Million ≈ $160.72 Million |
-39.58% |
| 2023-12-31 | €227.52 Million ≈ $265.99 Million |
+60.06% |
| 2022-12-31 | €142.14 Million ≈ $166.18 Million |
+38.74% |
| 2021-12-31 | €102.46 Million ≈ $119.78 Million |
+4.32% |
| 2020-12-31 | €98.22 Million ≈ $114.83 Million |
-14.07% |
| 2019-12-31 | €114.30 Million ≈ $133.62 Million |
+11.84% |
| 2018-12-31 | €102.19 Million ≈ $119.47 Million |
+12.02% |
| 2017-12-31 | €91.22 Million ≈ $106.65 Million |
+18.37% |
| 2016-12-31 | €77.07 Million ≈ $90.10 Million |
+0.75% |
| 2015-12-31 | €76.50 Million ≈ $89.43 Million |
+9.81% |
| 2014-12-31 | €69.66 Million ≈ $81.44 Million |
+11.48% |
| 2013-12-31 | €62.49 Million ≈ $73.06 Million |
+7.45% |
| 2012-12-31 | €58.15 Million ≈ $67.99 Million |
+25.65% |
| 2011-12-31 | €46.28 Million ≈ $54.11 Million |
+6.33% |
| 2010-12-31 | €43.53 Million ≈ $50.89 Million |
+8.65% |
| 2009-12-31 | €40.06 Million ≈ $46.84 Million |
+7.59% |
| 2008-12-31 | €37.23 Million ≈ $43.53 Million |
+13.45% |
| 2007-12-31 | €32.82 Million ≈ $38.37 Million |
+15.64% |
| 2006-12-31 | €28.38 Million ≈ $33.18 Million |
+71.20% |
| 2005-12-31 | €16.58 Million ≈ $19.38 Million |
+11.70% |
| 2004-12-31 | €14.84 Million ≈ $17.35 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Voyageurs du Monde 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 grown by 1883.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €48.44 Million | 20.94% |
| Common Stock | €4.47 Million | 1.93% |
| Other Comprehensive Income | €142.54 Million | 61.61% |
| Other Components | €35.92 Million | 15.52% |
| Total Equity | €231.37 Million | 100.00% |
Voyageurs du Monde SA Competitors by Market Cap
The table below lists competitors of Voyageurs du Monde SA ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Jiangsu Lianyungang Port Co Ltd
SHG:601008
|
$798.80 Million |
|
Power Mech Projects Limited
NSE:POWERMECH
|
$798.86 Million |
|
Leshan Electric Power Co Ltd
SHG:600644
|
$798.87 Million |
|
Climb Bio Inc
NASDAQ:CLYM
|
$798.94 Million |
|
DLG Exhibitions & Events Corp Ltd
SHG:600826
|
$798.63 Million |
|
Greenworks (Jiangsu) Co. Ltd. A
SHE:301260
|
$798.54 Million |
|
Jilin Forest
SHG:600189
|
$798.52 Million |
|
Fujian Apex Software Co Ltd
SHG:603383
|
$798.51 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Voyageurs du Monde SA's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 123,192,000 to 231,365,000, a change of 108,173,000 (87.8%).
- Net income of 48,437,000 contributed positively to equity growth.
- Dividend payments of 22,342,000 reduced retained earnings.
- Other comprehensive income increased equity by 70,553,000.
- Other factors increased equity by 11,525,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €48.44 Million | +20.94% |
| Dividends Paid | €22.34 Million | -9.66% |
| Other Comprehensive Income | €70.55 Million | +30.49% |
| Other Changes | €11.53 Million | +4.98% |
| Total Change | €- | 87.81% |
Book Value vs Market Value Analysis
This analysis compares Voyageurs du Monde 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: 3.41x
- 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 23.84x to 3.41x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-12-31 | €7.51 | €179.00 | x |
| 2007-12-31 | €8.62 | €179.00 | x |
| 2008-12-31 | €9.84 | €179.00 | x |
| 2009-12-31 | €10.52 | €179.00 | x |
| 2010-12-31 | €11.46 | €179.00 | x |
| 2011-12-31 | €12.10 | €179.00 | x |
| 2012-12-31 | €12.86 | €179.00 | x |
| 2013-12-31 | €13.86 | €179.00 | x |
| 2014-12-31 | €15.48 | €179.00 | x |
| 2015-12-31 | €17.16 | €179.00 | x |
| 2016-12-31 | €19.77 | €179.00 | x |
| 2017-12-31 | €23.40 | €179.00 | x |
| 2018-12-31 | €27.06 | €179.00 | x |
| 2019-12-31 | €30.07 | €179.00 | x |
| 2020-12-31 | €25.93 | €179.00 | x |
| 2021-12-31 | €27.32 | €179.00 | x |
| 2022-12-31 | €35.44 | €179.00 | x |
| 2023-12-31 | €45.62 | €179.00 | x |
| 2024-12-31 | €35.87 | €179.00 | x |
| 2025-12-31 | €52.48 | €179.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Voyageurs du Monde 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): 20.94%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.17%
- • Asset Turnover: 1.23x
- • Equity Multiplier: 2.75x
- Recent ROE (20.94%) is above the historical average (15.95%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | 17.12% | 1.80% | 1.97x | 4.82x | €1.02 Million |
| 2005 | 19.42% | 1.79% | 2.23x | 4.87x | €1.50 Million |
| 2006 | 11.05% | 1.60% | 1.92x | 3.60x | €290.80K |
| 2007 | 16.25% | 2.37% | 1.71x | 4.01x | €1.99 Million |
| 2008 | 16.36% | 2.43% | 1.90x | 3.55x | €2.31 Million |
| 2009 | 15.49% | 2.51% | 1.81x | 3.41x | €2.13 Million |
| 2010 | 15.25% | 2.48% | 1.78x | 3.47x | €2.22 Million |
| 2011 | 13.08% | 2.10% | 1.83x | 3.41x | €1.38 Million |
| 2012 | 12.81% | 2.13% | 1.65x | 3.65x | €1.33 Million |
| 2013 | 13.80% | 2.10% | 1.78x | 3.68x | €1.94 Million |
| 2014 | 16.27% | 2.55% | 1.86x | 3.44x | €3.58 Million |
| 2015 | 15.79% | 2.76% | 1.73x | 3.31x | €3.67 Million |
| 2016 | 18.62% | 3.58% | 1.67x | 3.12x | €6.28 Million |
| 2017 | 21.75% | 4.40% | 1.53x | 3.24x | €10.15 Million |
| 2018 | 21.28% | 4.56% | 1.53x | 3.05x | €11.27 Million |
| 2019 | 18.08% | 4.15% | 1.45x | 3.00x | €9.05 Million |
| 2020 | -14.15% | -11.66% | 0.38x | 3.23x | €-23.34 Million |
| 2021 | -0.33% | -0.22% | 0.38x | 3.92x | €-10.42 Million |
| 2022 | 22.31% | 6.01% | 0.92x | 4.02x | €16.49 Million |
| 2023 | 21.23% | 6.36% | 1.08x | 3.10x | €23.33 Million |
| 2024 | 38.55% | 6.46% | 1.26x | 4.74x | €35.17 Million |
| 2025 | 20.94% | 6.17% | 1.23x | 2.75x | €25.30 Million |
Industry Comparison
This section compares Voyageurs du Monde SA's net assets metrics with peer companies in the Travel Services industry.
Industry Context
- Industry: Travel Services
- Average net assets among peers: $-3,265,000
- Average return on equity (ROE) among peers: 0.00%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Voyageurs du Monde SA (ALVDM) | €245.57 Million | 17.12% | 1.59x | $798.69 Million |
| MyHotelMatch S.A. (MHM) | $-3.27 Million | 0.00% | 0.00x | $542.18K |
About Voyageurs du Monde SA
Voyageurs du Monde SA operates as a travel agency in France and internationally. The company organizes honeymoons, family holidays, romantic weekend trips, summer holidays, cruise tours, world tours, diving, and trips to Japan, Italy, Egypt, Australia, South Africa, Indonesia, the United States, Brazil, and Greece. The company was incorporated in 1979 and is headquartered in Paris, France. Voyage… Read more