GL Events SA (GLO) - Net Assets
Based on the latest financial reports, GL Events SA (GLO) has net assets worth €581.25 Million EUR (≈ $679.55 Million USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€3.15 Billion ≈ $3.68 Billion USD) and total liabilities (€2.57 Billion ≈ $3.00 Billion 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 GL Events SA liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €581.25 Million |
| % of Total Assets | 18.45% |
| Annual Growth Rate | 8.87% |
| 5-Year Change | 54.07% |
| 10-Year Change | 62.14% |
| Growth Volatility | 18.47 |
GL Events SA - Net Assets Trend (2001–2024)
This chart illustrates how GL Events SA's net assets have evolved over time, based on quarterly financial data. Also explore GL Events SA asset portfolio for the complete picture of this company's asset base.
Annual Net Assets for GL Events SA (2001–2024)
The table below shows the annual net assets of GL Events SA from 2001 to 2024. For live valuation and market cap data, see GLO company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €607.12 Million ≈ $709.79 Million |
+4.23% |
| 2023-12-31 | €582.46 Million ≈ $680.96 Million |
-3.36% |
| 2022-12-31 | €602.69 Million ≈ $704.61 Million |
+14.69% |
| 2021-12-31 | €525.51 Million ≈ $614.38 Million |
+33.36% |
| 2020-12-31 | €394.06 Million ≈ $460.70 Million |
-30.32% |
| 2019-12-31 | €565.57 Million ≈ $661.21 Million |
+4.34% |
| 2018-12-31 | €542.03 Million ≈ $633.69 Million |
+26.05% |
| 2017-12-31 | €430.00 Million ≈ $502.72 Million |
-3.31% |
| 2016-12-31 | €444.73 Million ≈ $519.93 Million |
+18.77% |
| 2015-12-31 | €374.44 Million ≈ $437.76 Million |
-3.57% |
| 2014-12-31 | €388.28 Million ≈ $453.94 Million |
+2.20% |
| 2013-12-31 | €379.92 Million ≈ $444.16 Million |
-8.27% |
| 2012-12-31 | €414.18 Million ≈ $484.21 Million |
+22.25% |
| 2011-12-31 | €338.80 Million ≈ $396.10 Million |
-4.06% |
| 2010-12-31 | €353.13 Million ≈ $412.85 Million |
+6.99% |
| 2009-12-31 | €330.05 Million ≈ $385.86 Million |
+7.20% |
| 2008-12-31 | €307.88 Million ≈ $359.94 Million |
-0.79% |
| 2007-12-31 | €310.32 Million ≈ $362.80 Million |
+49.87% |
| 2006-12-31 | €207.06 Million ≈ $242.08 Million |
+15.42% |
| 2005-12-31 | €179.39 Million ≈ $209.73 Million |
+48.90% |
| 2003-12-31 | €120.48 Million ≈ $140.85 Million |
+29.34% |
| 2002-12-31 | €93.15 Million ≈ $108.91 Million |
+8.43% |
| 2001-12-31 | €85.91 Million ≈ $100.44 Million |
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Equity Component Analysis
This analysis shows how different components contribute to GL Events 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 700.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €73.44 Million | 15.96% |
| Common Stock | €119.93 Million | 26.06% |
| Other Comprehensive Income | €266.91 Million | 57.99% |
| Total Equity | €460.28 Million | 100.00% |
GL Events SA Competitors by Market Cap
The table below lists competitors of GL Events SA ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Bergman & Beving AB (publ)
ST:BERG-B
|
$860.09 Million |
|
Shilpa Medicare Limited
NSE:SHILPAMED
|
$860.12 Million |
|
Quidel Corporation
NASDAQ:QDEL
|
$860.55 Million |
|
Gryphon Capital Income Trust
AU:GCI
|
$860.70 Million |
|
Sinosteel Luonai Materials Technology Co. Ltd. A
SHG:688119
|
$859.33 Million |
|
Shanghai Shuixing Home Textile Co Ltd Class A
SHG:603365
|
$859.26 Million |
|
IRB-Brasil Resseguros S.A.
SA:IRBR3
|
$859.12 Million |
|
Risesun Real Estate Development Co Ltd
SHE:002146
|
$858.97 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in GL Events SA's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 439,519,000 to 460,279,000, a change of 20,760,000 (4.7%).
- Net income of 73,439,000 contributed positively to equity growth.
- Dividend payments of 20,555,000 reduced retained earnings.
- Share repurchases of 1,006,000 reduced equity.
- Other comprehensive income increased equity by 280,717,000.
- Other factors decreased equity by 311,835,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €73.44 Million | +15.96% |
| Dividends Paid | €20.55 Million | -4.47% |
| Share Repurchases | €1.01 Million | -0.22% |
| Other Comprehensive Income | €280.72 Million | +60.99% |
| Other Changes | €-311.83 Million | -67.75% |
| Total Change | €- | 4.72% |
Book Value vs Market Value Analysis
This analysis compares GL Events 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: 2.81x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 5.41x to 2.81x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2001-12-31 | €6.19 | €33.45 | x |
| 2002-12-31 | €6.64 | €33.45 | x |
| 2003-12-31 | €8.12 | €33.45 | x |
| 2005-12-31 | €11.05 | €33.45 | x |
| 2006-12-31 | €11.18 | €33.45 | x |
| 2007-12-31 | €14.08 | €33.45 | x |
| 2008-12-31 | €12.84 | €33.45 | x |
| 2009-12-31 | €15.57 | €33.45 | x |
| 2010-12-31 | €16.23 | €33.45 | x |
| 2011-12-31 | €15.81 | €33.45 | x |
| 2012-12-31 | €15.93 | €33.45 | x |
| 2013-12-31 | €15.10 | €33.45 | x |
| 2014-12-31 | €15.52 | €33.45 | x |
| 2015-12-31 | €14.79 | €33.45 | x |
| 2016-12-31 | €16.91 | €33.45 | x |
| 2017-12-31 | €16.05 | €33.45 | x |
| 2018-12-31 | €19.15 | €33.45 | x |
| 2019-12-31 | €16.32 | €33.45 | x |
| 2020-12-31 | €11.02 | €33.45 | x |
| 2021-12-31 | €11.23 | €33.45 | x |
| 2022-12-31 | €13.59 | €33.45 | x |
| 2023-12-31 | €14.75 | €33.45 | x |
| 2024-12-31 | €11.91 | €33.45 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently GL Events 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): 15.96%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.49%
- • Asset Turnover: 0.52x
- • Equity Multiplier: 6.78x
- Recent ROE (15.96%) is above the historical average (8.65%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2001 | 11.93% | 4.01% | 0.97x | 3.06x | €1.57 Million |
| 2002 | 13.32% | 3.80% | 1.01x | 3.48x | €2.92 Million |
| 2003 | 11.57% | 3.82% | 0.98x | 3.09x | €1.79 Million |
| 2005 | 11.80% | 4.62% | 0.80x | 3.20x | €3.06 Million |
| 2006 | 12.45% | 4.68% | 0.80x | 3.35x | €4.62 Million |
| 2007 | 12.00% | 5.07% | 0.69x | 3.43x | €5.34 Million |
| 2008 | 11.68% | 4.68% | 0.59x | 4.21x | €4.14 Million |
| 2009 | 9.34% | 4.76% | 0.62x | 3.18x | €-1.95 Million |
| 2010 | 9.67% | 4.15% | 0.72x | 3.25x | €-1.03 Million |
| 2011 | 7.14% | 2.75% | 0.67x | 3.86x | €-8.65 Million |
| 2012 | 7.39% | 3.43% | 0.69x | 3.11x | €-9.99 Million |
| 2013 | 2.91% | 1.25% | 0.64x | 3.65x | €-24.67 Million |
| 2014 | 8.71% | 3.28% | 0.68x | 3.92x | €-4.55 Million |
| 2015 | 9.14% | 3.27% | 0.67x | 4.17x | €-2.88 Million |
| 2016 | 8.02% | 3.34% | 0.59x | 4.08x | €-7.85 Million |
| 2017 | 9.32% | 3.68% | 0.58x | 4.40x | €-2.57 Million |
| 2018 | 8.76% | 4.06% | 0.59x | 3.66x | €-5.96 Million |
| 2019 | 10.70% | 4.44% | 0.46x | 5.25x | €3.39 Million |
| 2020 | -23.92% | -16.14% | 0.20x | 7.45x | €-109.71 Million |
| 2021 | 4.55% | 2.04% | 0.26x | 8.48x | €-18.17 Million |
| 2022 | 12.77% | 4.02% | 0.44x | 7.28x | €11.44 Million |
| 2023 | 13.64% | 4.22% | 0.47x | 6.93x | €16.00 Million |
| 2024 | 15.96% | 4.49% | 0.52x | 6.78x | €27.41 Million |
Industry Comparison
This section compares GL Events SA's net assets metrics with peer companies in the Specialty Business Services industry.
Industry Context
- Industry: Specialty Business Services
- Average net assets among peers: $1,252,608,327
- Average return on equity (ROE) among peers: 5.55%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| GL Events SA (GLO) | €581.25 Million | 11.93% | 4.42x | $859.42 Million |
| Louis HachEtte Group SA (ALHG) | $1.99 Billion | 4.26% | 0.18x | $1.69 Billion |
| Mon Courtier Energie Groupe SA (ALMCE) | $9.94 Million | -3.48% | 1.11x | $16.10 Million |
| Elis SA (ELIS) | $368.15 Million | -6.17% | 7.50x | $6.27 Billion |
| PLUXEE NV (PLX) | $688.00 Million | 17.01% | 5.80x | $1.65 Billion |
| Sodexo SA (SW) | $2.53 Billion | 5.45% | 2.42x | $6.86 Billion |
| Teleperformance SE (TEP) | $1.92 Billion | 16.23% | 1.34x | $2.89 Billion |
About GL Events SA
GL Events SA provides integrated solutions and services for events in France and internationally. It operates through three divisions: GL Events Live, GL Events Exhibitions, and GL Events Venues. The GL Events Live division provides various business line specializations and services, including turnkey solutions, designing, consulting, and staging the events for corporate, institutional, and sport… Read more