Ipsos SA (IPS) - Net Assets
Based on the latest financial reports, Ipsos SA (IPS) has net assets worth €1.53 Billion EUR (≈ $1.79 Billion USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€2.99 Billion ≈ $3.50 Billion USD) and total liabilities (€1.46 Billion ≈ $1.71 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 Ipsos SA strategic asset allocation index to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €1.53 Billion |
| % of Total Assets | 51.15% |
| Annual Growth Rate | 9.56% |
| 5-Year Change | 16.78% |
| 10-Year Change | 66.88% |
| Growth Volatility | 17.7 |
Ipsos SA - Net Assets Trend (2002–2025)
This chart illustrates how Ipsos SA's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see how much is Ipsos SA worth.
Annual Net Assets for Ipsos SA (2002–2025)
The table below shows the annual net assets of Ipsos SA from 2002 to 2025. Also explore IPS year-over-year net asset growth to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | €1.57 Billion ≈ $1.83 Billion |
-0.64% |
| 2024-12-31 | €1.58 Billion ≈ $1.84 Billion |
+10.13% |
| 2023-12-31 | €1.43 Billion ≈ $1.67 Billion |
-4.49% |
| 2022-12-31 | €1.50 Billion ≈ $1.75 Billion |
+11.73% |
| 2021-12-31 | €1.34 Billion ≈ $1.57 Billion |
+19.65% |
| 2020-12-31 | €1.12 Billion ≈ $1.31 Billion |
-0.07% |
| 2019-12-31 | €1.12 Billion ≈ $1.31 Billion |
+8.48% |
| 2018-12-31 | €1.03 Billion ≈ $1.21 Billion |
+7.08% |
| 2017-12-31 | €966.50 Million ≈ $1.13 Billion |
+2.88% |
| 2016-12-31 | €939.42 Million ≈ $1.10 Billion |
-0.62% |
| 2015-12-31 | €945.28 Million ≈ $1.11 Billion |
+4.88% |
| 2014-12-31 | €901.29 Million ≈ $1.05 Billion |
+8.22% |
| 2013-12-31 | €832.84 Million ≈ $973.67 Million |
-10.07% |
| 2012-12-31 | €926.12 Million ≈ $1.08 Billion |
+3.87% |
| 2011-12-31 | €891.58 Million ≈ $1.04 Billion |
+41.98% |
| 2010-12-31 | €627.94 Million ≈ $734.12 Million |
+20.05% |
| 2009-12-31 | €523.05 Million ≈ $611.50 Million |
+16.27% |
| 2008-12-31 | €449.87 Million ≈ $525.95 Million |
-3.79% |
| 2007-12-31 | €467.58 Million ≈ $546.65 Million |
+7.61% |
| 2006-12-31 | €434.53 Million ≈ $508.01 Million |
+4.83% |
| 2005-12-31 | €414.52 Million ≈ $484.62 Million |
+77.58% |
| 2004-12-31 | €233.43 Million ≈ $272.91 Million |
+17.64% |
| 2003-12-31 | €198.43 Million ≈ $231.98 Million |
+3.41% |
| 2002-12-31 | €191.89 Million ≈ $224.34 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Ipsos 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 2515.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €186.55 Million | 11.90% |
| Common Stock | €10.80 Million | 0.69% |
| Other Comprehensive Income | €-248.52 Million | -15.86% |
| Other Components | €1.62 Billion | 103.26% |
| Total Equity | €1.57 Billion | 100.00% |
Ipsos SA Competitors by Market Cap
The table below lists competitors of Ipsos SA ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Makalot Industrial Co Ltd
TW:1477
|
$1.49 Billion |
|
Formula
TA:FORTY
|
$1.49 Billion |
|
Grupo Security
SN:SECURITY
|
$1.49 Billion |
|
Hangzhou Kelin Electric Co. Ltd. A
SHG:688611
|
$1.49 Billion |
|
Tien Phong Commercial Joint Stock Bank
VN:TPB
|
$1.49 Billion |
|
Jiangsu Lopal Tech Co Ltd
SHG:603906
|
$1.49 Billion |
|
Thai Union Group Public Company Limited
BK:TU-R
|
$1.49 Billion |
|
Thai Union Group PCL
BK:TU
|
$1.49 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ipsos SA's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,577,522,000 to 1,567,432,000, a change of -10,090,000 (-0.6%).
- Net income of 186,551,000 contributed positively to equity growth.
- Dividend payments of 79,835,000 reduced retained earnings.
- Share repurchases of 14,223,000 reduced equity.
- Other comprehensive income decreased equity by 1,172,078,000.
- Other factors increased equity by 1,069,495,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €186.55 Million | +11.9% |
| Dividends Paid | €79.83 Million | -5.09% |
| Share Repurchases | €14.22 Million | -0.91% |
| Other Comprehensive Income | €-1.17 Billion | -74.78% |
| Other Changes | €1.07 Billion | +68.23% |
| Total Change | €- | -0.64% |
Book Value vs Market Value Analysis
This analysis compares Ipsos 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: 0.98x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 5.68x to 0.98x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2002-12-31 | €6.18 | €35.10 | x |
| 2003-12-31 | €6.02 | €35.10 | x |
| 2004-12-31 | €8.27 | €35.10 | x |
| 2005-12-31 | €13.83 | €35.10 | x |
| 2006-12-31 | €12.31 | €35.10 | x |
| 2007-12-31 | €13.05 | €35.10 | x |
| 2008-12-31 | €12.73 | €35.10 | x |
| 2009-12-31 | €14.55 | €35.10 | x |
| 2010-12-31 | €18.33 | €35.10 | x |
| 2011-12-31 | €23.01 | €35.10 | x |
| 2012-12-31 | €20.05 | €35.10 | x |
| 2013-12-31 | €17.79 | €35.10 | x |
| 2014-12-31 | €19.26 | €35.10 | x |
| 2015-12-31 | €20.21 | €35.10 | x |
| 2016-12-31 | €20.30 | €35.10 | x |
| 2017-12-31 | €21.71 | €35.10 | x |
| 2018-12-31 | €22.71 | €35.10 | x |
| 2019-12-31 | €24.48 | €35.10 | x |
| 2020-12-31 | €24.55 | €35.10 | x |
| 2021-12-31 | €29.26 | €35.10 | x |
| 2022-12-31 | €32.64 | €35.10 | x |
| 2023-12-31 | €31.85 | €35.10 | x |
| 2024-12-31 | €35.94 | €35.10 | x |
| 2025-12-31 | €35.88 | €35.10 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ipsos 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): 11.90%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.39%
- • Asset Turnover: 0.82x
- • Equity Multiplier: 1.96x
- Recent ROE (11.90%) is above the historical average (10.24%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 5.87% | 1.95% | 0.99x | 3.02x | €-7.41 Million |
| 2003 | 8.07% | 2.59% | 1.00x | 3.12x | €-3.53 Million |
| 2004 | 9.79% | 3.76% | 0.89x | 2.92x | €-492.60K |
| 2005 | 7.40% | 4.23% | 0.72x | 2.43x | €-10.69 Million |
| 2006 | 9.95% | 5.00% | 0.85x | 2.34x | €-219.40K |
| 2007 | 11.39% | 5.62% | 0.89x | 2.29x | €6.36 Million |
| 2008 | 13.01% | 5.89% | 0.89x | 2.49x | €13.33 Million |
| 2009 | 11.36% | 6.19% | 0.83x | 2.20x | €7.00 Million |
| 2010 | 11.81% | 6.38% | 0.85x | 2.18x | €11.16 Million |
| 2011 | 9.56% | 6.17% | 0.61x | 2.54x | €-3.87 Million |
| 2012 | 8.09% | 4.14% | 0.76x | 2.57x | €-17.54 Million |
| 2013 | -0.26% | -0.12% | 0.80x | 2.57x | €-84.05 Million |
| 2014 | 10.16% | 5.37% | 0.75x | 2.54x | €1.39 Million |
| 2015 | 10.05% | 5.21% | 0.78x | 2.47x | €453.50K |
| 2016 | 11.62% | 6.00% | 0.78x | 2.49x | €14.94 Million |
| 2017 | 13.54% | 7.22% | 0.83x | 2.26x | €33.59 Million |
| 2018 | 10.58% | 6.15% | 0.74x | 2.34x | €5.86 Million |
| 2019 | 9.50% | 5.23% | 0.75x | 2.42x | €-5.56 Million |
| 2020 | 9.92% | 5.96% | 0.74x | 2.24x | €-882.90K |
| 2021 | 13.79% | 8.57% | 0.78x | 2.05x | €50.58 Million |
| 2022 | 14.53% | 8.95% | 0.84x | 1.92x | €67.05 Million |
| 2023 | 11.28% | 6.68% | 0.87x | 1.94x | €18.10 Million |
| 2024 | 12.96% | 8.38% | 0.84x | 1.85x | €46.77 Million |
| 2025 | 11.90% | 7.39% | 0.82x | 1.96x | €29.81 Million |
Industry Comparison
This section compares Ipsos SA's net assets metrics with peer companies in the Consulting Services industry.
Industry Context
- Industry: Consulting Services
- Average net assets among peers: $426,564,163
- Average return on equity (ROE) among peers: 9.01%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Ipsos SA (IPS) | €1.53 Billion | 5.87% | 0.95x | $1.49 Billion |
| Alan Allman Associates SA (AAA) | $-7.47 Million | 0.00% | 0.00x | $88.60 Million |
| Bureau Veritas SA (BVI) | $1.29 Billion | 27.03% | 1.73x | $12.59 Billion |
| Easson Holdings Ltd (MLEAS) | $-3.84 Million | 0.00% | 0.00x | $2.29 Million |
About Ipsos SA
Ipsos SA, through its subsidiaries, provides survey-based research services for companies and institutions in Europe, the Middle East, Africa, the Americas, and the Asia-Pacific. The company offers services in the information production and analysis chain, including data collection, data processing and integration, data analysis, information delivery and presentation, and information activation. … Read more