FDJ United
FDJ United engages in the gaming operation and distribution business in France and internationally. The company operates through Lottery; Sports Betting and Online Gaming Open to Competition; and Other Activities segments. It offers lottery games, such as draw games and instant games at points of sale and online; sports betting at points of sale; and online sports betting, horse-race betting, pok… Read more
FDJ United (FDJU) - Net Assets
Latest net assets as of June 2025: €900.30 Million EUR
Based on the latest financial reports, FDJ United (FDJU) has net assets worth €900.30 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 (€6.19 Billion) and total liabilities (€5.29 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 | €900.30 Million |
| % of Total Assets | 14.54% |
| Annual Growth Rate | 2.79% |
| 5-Year Change | 70.23% |
| 10-Year Change | 39.94% |
| Growth Volatility | 18.63 |
FDJ United - Net Assets Trend (2014–2024)
This chart illustrates how FDJ United's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for FDJ United (2014–2024)
The table below shows the annual net assets of FDJ United from 2014 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €1.19 Billion | +11.04% |
| 2023-12-31 | €1.07 Billion | +15.74% |
| 2022-12-31 | €925.40 Million | +11.62% |
| 2021-12-31 | €829.10 Million | +18.66% |
| 2020-12-31 | €698.70 Million | +22.75% |
| 2019-12-31 | €569.20 Million | +0.94% |
| 2018-12-31 | €563.90 Million | +8.40% |
| 2017-12-31 | €520.20 Million | +12.62% |
| 2016-12-31 | €461.90 Million | -45.65% |
| 2015-12-31 | €849.91 Million | -5.95% |
| 2014-12-31 | €903.64 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to FDJ United'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 111754900000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €1.11 Billion | 93.31% |
| Common Stock | €74.10 Million | 6.23% |
| Other Comprehensive Income | €5.40 Million | 0.45% |
| Other Components | €100.00K | 0.01% |
| Total Equity | €1.19 Billion | 100.00% |
FDJ United Competitors by Market Cap
The table below lists competitors of FDJ United ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Coromandel International Limited
NSE:COROMANDEL
|
$2.60 Billion |
|
Hand Enterprise Solutions Co
SHE:300170
|
$2.61 Billion |
|
Sopra Steria Group SA
PINK:SPSAF
|
$2.61 Billion |
|
Catalyst Pharmaceuticals Inc
NASDAQ:CPRX
|
$2.61 Billion |
|
Jumbo SA
F:5JB
|
$2.60 Billion |
|
Axcelis Technologies Inc
NASDAQ:ACLS
|
$2.60 Billion |
|
Daewoo Engineering & Construction
KO:047040
|
$2.60 Billion |
|
Yonghui Superstores Co Ltd
SHG:601933
|
$2.60 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in FDJ United's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,071,100,000 to 1,189,400,000, a change of 118,300,000 (11.0%).
- Net income of 398,800,000 contributed positively to equity growth.
- Dividend payments of 328,700,000 reduced retained earnings.
- Other comprehensive income decreased equity by 10,500,000.
- Other factors increased equity by 58,700,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €398.80 Million | +33.53% |
| Dividends Paid | €328.70 Million | -27.64% |
| Other Comprehensive Income | €-10.50 Million | -0.88% |
| Other Changes | €58.70 Million | +4.94% |
| Total Change | €- | 11.04% |
Book Value vs Market Value Analysis
This analysis compares FDJ United'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: 3.88x
- 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 8.98x to 3.88x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2014-12-31 | €2.78 | €24.96 | x |
| 2015-12-31 | €2.91 | €24.96 | x |
| 2016-12-31 | €2.42 | €24.96 | x |
| 2017-12-31 | €2.72 | €24.96 | x |
| 2018-12-31 | €2.95 | €24.96 | x |
| 2019-12-31 | €2.98 | €24.96 | x |
| 2020-12-31 | €3.66 | €24.96 | x |
| 2021-12-31 | €4.34 | €24.96 | x |
| 2022-12-31 | €4.85 | €24.96 | x |
| 2023-12-31 | €5.61 | €24.96 | x |
| 2024-12-31 | €6.44 | €24.96 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently FDJ United 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): 33.53%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 13.01%
- • Asset Turnover: 0.47x
- • Equity Multiplier: 5.51x
- Recent ROE (33.53%) is above the historical average (29.65%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | -1.46% | -0.50% | 0.75x | 3.90x | €-60.83 Million |
| 2015 | 28.61% | 9.65% | 0.80x | 3.70x | €103.50 Million |
| 2016 | 38.12% | 10.38% | 0.84x | 4.36x | €129.83 Million |
| 2017 | 34.76% | 10.26% | 0.86x | 3.94x | €128.72 Million |
| 2018 | 30.22% | 9.45% | 0.82x | 3.91x | €114.01 Million |
| 2019 | 23.37% | 6.80% | 0.68x | 5.02x | €76.08 Million |
| 2020 | 30.59% | 11.13% | 0.66x | 4.17x | €143.83 Million |
| 2021 | 35.48% | 13.04% | 0.70x | 3.88x | €211.29 Million |
| 2022 | 33.27% | 12.51% | 0.74x | 3.61x | €215.36 Million |
| 2023 | 39.69% | 16.22% | 0.70x | 3.51x | €317.99 Million |
| 2024 | 33.53% | 13.01% | 0.47x | 5.51x | €279.86 Million |
Industry Comparison
This section compares FDJ United's net assets metrics with peer companies in the Gambling industry.
Industry Context
- Industry: Gambling
- Average net assets among peers: $903,639,000
- Average return on equity (ROE) among peers: -0.86%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| FDJ United (FDJU) | €900.30 Million | -1.46% | 5.88x | $2.60 Billion |
| La Francaise Des Jeux Sa (FDJ) | $903.64 Million | -0.86% | 1.29x | $3.24 Billion |