Bureau Veritas SA (BVI) - Net Assets
Based on the latest financial reports, Bureau Veritas SA (BVI) has net assets worth €1.48 Billion EUR as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€6.56 Billion) and total liabilities (€5.08 Billion). 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 | €1.48 Billion |
| % of Total Assets | 22.53% |
| Annual Growth Rate | 1.92% |
| 5-Year Change | 58.34% |
| 10-Year Change | 80.98% |
| Growth Volatility | 157.77 |
Bureau Veritas SA - Net Assets Trend (2000–2024)
This chart illustrates how Bureau Veritas SA's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Bureau Veritas SA (2000–2024)
The table below shows the annual net assets of Bureau Veritas SA from 2000 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €2.04 Billion | +2.11% |
| 2023-12-31 | €1.99 Billion | +3.41% |
| 2022-12-31 | €1.93 Billion | +12.94% |
| 2021-12-31 | €1.71 Billion | +32.78% |
| 2020-12-31 | €1.29 Billion | -2.75% |
| 2019-12-31 | €1.32 Billion | +31.21% |
| 2018-12-31 | €1.01 Billion | -0.54% |
| 2017-12-31 | €1.01 Billion | -18.50% |
| 2016-12-31 | €1.24 Billion | +10.50% |
| 2015-12-31 | €1.12 Billion | -1.39% |
| 2014-12-31 | €1.14 Billion | +16.15% |
| 2013-12-31 | €982.10 Million | -14.19% |
| 2012-12-31 | €1.14 Billion | +5.56% |
| 2011-12-31 | €1.08 Billion | +26.08% |
| 2010-12-31 | €859.90 Million | +71.57% |
| 2009-12-31 | €501.20 Million | +76.60% |
| 2008-12-31 | €283.80 Million | +71.48% |
| 2007-12-31 | €165.50 Million | -27.44% |
| 2006-12-31 | €228.10 Million | +11.65% |
| 2005-12-31 | €204.30 Million | +773.08% |
| 2004-12-31 | €23.40 Million | -93.23% |
| 2003-12-31 | €345.70 Million | +20.12% |
| 2002-12-31 | €287.80 Million | +16.33% |
| 2001-12-31 | €247.40 Million | -80.84% |
| 2000-12-31 | €1.29 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Bureau Veritas 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 86.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €1.92 Billion | 97.24% |
| Common Stock | €54.50 Million | 2.76% |
| Total Equity | €1.97 Billion | 100.00% |
Bureau Veritas SA Competitors by Market Cap
The table below lists competitors of Bureau Veritas SA ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
AGNC Investment Corp
NASDAQ:AGNC
|
$12.07 Billion |
|
Yintai Resources Co Ltd
SHE:000975
|
$12.08 Billion |
|
TIM Participacoes SA
NYSE:TIMB
|
$12.09 Billion |
|
Kratos Defense & Security Solutions
NASDAQ:KTOS
|
$12.09 Billion |
|
Aegon Ltd.
SA:A1EG34
|
$12.06 Billion |
|
BJs Wholesale Club Holdings Inc
NYSE:BJ
|
$12.05 Billion |
|
Taisei Corporation
F:TKK1
|
$12.03 Billion |
|
Koc Holding AS
IS:KCHOL
|
$12.03 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Bureau Veritas SA's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,936,100,000 to 1,971,700,000, a change of 35,600,000 (1.8%).
- Net income of 569,400,000 contributed positively to equity growth.
- Dividend payments of 406,900,000 reduced retained earnings.
- Share repurchases of 191,800,000 reduced equity.
- New share issuances of 18,100,000 increased equity.
- Other comprehensive income decreased equity by 1,663,799,999.
- Other factors increased equity by 1,710,599,999.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €569.40 Million | +28.88% |
| Dividends Paid | €406.90 Million | -20.64% |
| Share Repurchases | €191.80 Million | -9.73% |
| Share Issuances | €18.10 Million | +0.92% |
| Other Comprehensive Income | €-1.66 Billion | -84.38% |
| Other Changes | €1.71 Billion | +86.76% |
| Total Change | €- | 1.84% |
Book Value vs Market Value Analysis
This analysis compares Bureau Veritas 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: 6.74x
- 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 1.75x to 6.74x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-12-31 | €16.70 | €29.29 | x |
| 2006-12-31 | €1.96 | €29.29 | x |
| 2007-12-31 | €1.47 | €29.29 | x |
| 2008-12-31 | €2.48 | €29.29 | x |
| 2009-12-31 | €4.46 | €29.29 | x |
| 2010-12-31 | €7.64 | €29.29 | x |
| 2011-12-31 | €9.57 | €29.29 | x |
| 2012-12-31 | €2.54 | €29.29 | x |
| 2013-12-31 | €2.14 | €29.29 | x |
| 2014-12-31 | €2.50 | €29.29 | x |
| 2015-12-31 | €2.47 | €29.29 | x |
| 2016-12-31 | €2.72 | €29.29 | x |
| 2017-12-31 | €2.21 | €29.29 | x |
| 2018-12-31 | €2.18 | €29.29 | x |
| 2019-12-31 | €2.83 | €29.29 | x |
| 2020-12-31 | €2.74 | €29.29 | x |
| 2021-12-31 | €3.60 | €29.29 | x |
| 2022-12-31 | €4.08 | €29.29 | x |
| 2023-12-31 | €4.23 | €29.29 | x |
| 2024-12-31 | €4.34 | €29.29 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Bureau Veritas 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): 28.88%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 9.12%
- • Asset Turnover: 0.87x
- • Equity Multiplier: 3.65x
- Recent ROE (28.88%) is below the historical average (57.85%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 27.31% | 6.26% | 1.58x | 2.75x | €221.20 Million |
| 2001 | 24.44% | 5.86% | 2.18x | 1.91x | €35.04 Million |
| 2002 | 30.27% | 7.50% | 1.36x | 2.96x | €57.52 Million |
| 2003 | 27.71% | 7.38% | 1.45x | 2.59x | €60.52 Million |
| 2004 | 544.32% | 7.08% | 1.49x | 51.43x | €98.85 Million |
| 2005 | 76.36% | 9.14% | 1.24x | 6.76x | €130.79 Million |
| 2006 | 69.78% | 8.34% | 1.30x | 6.43x | €131.93 Million |
| 2007 | 101.80% | 7.66% | 1.12x | 11.81x | €142.84 Million |
| 2008 | 80.33% | 8.52% | 1.11x | 8.46x | €190.16 Million |
| 2009 | 51.60% | 9.54% | 1.15x | 4.69x | €203.73 Million |
| 2010 | 34.39% | 9.91% | 0.90x | 3.88x | €205.96 Million |
| 2011 | 27.93% | 8.86% | 0.97x | 3.26x | €191.06 Million |
| 2012 | 26.00% | 7.63% | 1.03x | 3.30x | €183.15 Million |
| 2013 | 36.09% | 8.77% | 1.06x | 3.89x | €249.49 Million |
| 2014 | 26.59% | 7.06% | 0.87x | 4.31x | €183.80 Million |
| 2015 | 23.31% | 5.51% | 0.90x | 4.71x | €145.77 Million |
| 2016 | 26.67% | 7.02% | 0.75x | 5.09x | €199.66 Million |
| 2017 | 31.74% | 6.57% | 0.88x | 5.51x | €210.96 Million |
| 2018 | 34.67% | 6.94% | 0.79x | 6.35x | €236.67 Million |
| 2019 | 29.09% | 7.21% | 0.72x | 5.58x | €241.22 Million |
| 2020 | 10.12% | 2.72% | 0.70x | 5.30x | €1.50 Million |
| 2021 | 25.69% | 8.45% | 0.74x | 4.12x | €257.05 Million |
| 2022 | 25.06% | 8.26% | 0.79x | 3.82x | €280.49 Million |
| 2023 | 26.02% | 8.58% | 0.88x | 3.43x | €310.09 Million |
| 2024 | 28.88% | 9.12% | 0.87x | 3.65x | €372.23 Million |
Industry Comparison
This section compares Bureau Veritas SA's net assets metrics with peer companies in the Consulting Services industry.
Industry Context
- Industry: Consulting Services
- Average net assets among peers: $446,426,496
- Average return on equity (ROE) among peers: 92.07%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Bureau Veritas SA (BVI) | €1.48 Billion | 27.31% | 3.44x | $12.07 Billion |
| Alan Allman Associates SA (AAA) | $688.00K | 262.50% | 0.89x | $148.56 Million |
| Ipsos SA (IPS) | $1.34 Billion | 13.70% | 1.04x | $1.30 Billion |
| Easson Holdings Ltd (MLEAS) | $-3.84 Million | 0.00% | 0.00x | $2.29 Million |
About Bureau Veritas SA
Bureau Veritas SA provides laboratory testing, inspection, and certification services. It operates through six segments: Marine & Offshore; Agri-Food & Commodities; Industry; Buildings & Infrastructure; Certification; and Consumer Products services. The company engages in inspecting, analyzing, auditing, and certifying the products, assets, and management systems of its clients in relation to reg… Read more