Wendel (MF) - Net Assets

Latest as of June 2026: €4.98 Billion EUR ≈ $5.82 Billion USD

Based on the latest financial reports, Wendel (MF) has net assets worth €4.98 Billion EUR (≈ $5.82 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 (€15.28 Billion ≈ $17.87 Billion USD) and total liabilities (€10.31 Billion ≈ $12.05 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 Wendel PP&E and investment ratio to assess the company's strategic physical and investment asset allocation.

Key Net Assets Metrics

Metric	Value
Current Net Assets	€4.98 Billion
% of Total Assets	32.57%
Annual Growth Rate	3.48%
5-Year Change	29.76%
10-Year Change	64.86%
Growth Volatility	24.34

Wendel - Net Assets Trend (2001–2025)

This chart illustrates how Wendel's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see Wendel stock valuation.

Annual Net Assets for Wendel (2001–2025)

The table below shows the annual net assets of Wendel from 2001 to 2025. Also explore how fast is Wendel growing its equity to track the company's year-over-year net asset growth rate.

Year	Net Assets	Change
2025-12-31	€5.44 Billion ≈ $6.35 Billion	+5.18%
2024-12-31	€5.17 Billion ≈ $6.04 Billion	+6.96%
2023-12-31	€4.83 Billion ≈ $5.65 Billion	+4.21%
2022-12-31	€4.64 Billion ≈ $5.42 Billion	+10.68%
2021-12-31	€4.19 Billion ≈ $4.90 Billion	+27.42%
2020-12-31	€3.29 Billion ≈ $3.84 Billion	-13.84%
2019-12-31	€3.82 Billion ≈ $4.46 Billion	+15.40%
2018-12-31	€3.31 Billion ≈ $3.87 Billion	+1.53%
2017-12-31	€3.26 Billion ≈ $3.81 Billion	-1.23%
2016-12-31	€3.30 Billion ≈ $3.85 Billion	-16.62%
2015-12-31	€3.95 Billion ≈ $4.62 Billion	+27.88%
2014-12-31	€3.09 Billion ≈ $3.62 Billion	+1.14%
2013-12-31	€3.06 Billion ≈ $3.57 Billion	-7.13%
2012-12-31	€3.29 Billion ≈ $3.85 Billion	-0.17%
2011-12-31	€3.30 Billion ≈ $3.86 Billion	+14.02%
2010-12-31	€2.89 Billion ≈ $3.38 Billion	+82.99%
2009-12-31	€1.58 Billion ≈ $1.85 Billion	-31.80%
2008-12-31	€2.32 Billion ≈ $2.71 Billion	-10.19%
2007-12-31	€2.58 Billion ≈ $3.02 Billion	+33.89%
2006-12-31	€1.93 Billion ≈ $2.25 Billion	+19.16%
2005-12-31	€1.62 Billion ≈ $1.89 Billion	+4.07%
2004-12-31	€1.55 Billion ≈ $1.82 Billion	+18.71%
2003-12-31	€1.31 Billion ≈ $1.53 Billion	+9.79%
2002-12-31	€1.19 Billion ≈ $1.39 Billion	-50.11%
2001-12-31	€2.39 Billion ≈ $2.79 Billion	--

Equity Component Analysis

This analysis shows how different components contribute to Wendel'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 263.2% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	€4.34 Billion	123.35%
Common Stock	€171.30 Million	4.87%
Other Comprehensive Income	€-347.10 Million	-9.87%
Total Equity	€3.52 Billion	100.00%

Wendel Competitors by Market Cap

The table below lists competitors of Wendel ranked by their market capitalization.

Company	Market Cap
Simmons First National Corporation NASDAQ:SFNC	$3.35 Billion
MERCARI INC. UNSP.ADR/1/2 F:6TP0	$3.35 Billion
Eurazeo PA:RF	$3.35 Billion
XTC New Energy Materials Xiamen Co Ltd SHG:688778	$3.36 Billion
Viking Therapeutics Inc NASDAQ:VKTX	$3.35 Billion
Beijing GeoEnviron Engineering SHG:603588	$3.35 Billion
Sinomach Heavy Equipment Group Co Ltd SHG:601399	$3.35 Billion
Inner Mongolia First Machinery Group Co Ltd SHG:600967	$3.34 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Wendel's equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from 3,222,900,000 to 3,516,100,000, a change of 293,200,000 (9.1%).
Net loss of 151,800,000 reduced equity.
Dividend payments of 263,200,000 reduced retained earnings.
Share repurchases of 207,100,000 reduced equity.
New share issuances of 3,000,000 increased equity.
Other comprehensive income decreased equity by 139,100,000.
Other factors increased equity by 1,051,400,000.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	€-151.80 Million	-4.32%
Dividends Paid	€263.20 Million	-7.49%
Share Repurchases	€207.10 Million	-5.89%
Share Issuances	€3.00 Million	+0.09%
Other Comprehensive Income	€-139.10 Million	-3.96%
Other Changes	€1.05 Billion	+29.9%
Total Change	€-	9.10%

Book Value vs Market Value Analysis

This analysis compares Wendel'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: 1.27x
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 2.19x to 1.27x 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	€37.88	€82.90	x
2002-12-31	€23.97	€82.90	x
2003-12-31	€21.97	€82.90	x
2004-12-31	€26.17	€82.90	x
2005-12-31	€30.30	€82.90	x
2006-12-31	€36.40	€82.90	x
2007-12-31	€46.29	€82.90	x
2008-12-31	€40.44	€82.90	x
2009-12-31	€23.01	€82.90	x
2010-12-31	€47.42	€82.90	x
2011-12-31	€54.39	€82.90	x
2012-12-31	€54.75	€82.90	x
2013-12-31	€52.72	€82.90	x
2014-12-31	€53.00	€82.90	x
2015-12-31	€64.58	€82.90	x
2016-12-31	€49.59	€82.90	x
2017-12-31	€47.71	€82.90	x
2018-12-31	€47.57	€82.90	x
2019-12-31	€54.28	€82.90	x
2020-12-31	€45.78	€82.90	x
2021-12-31	€59.26	€82.90	x
2022-12-31	€63.77	€82.90	x
2023-12-31	€60.85	€82.90	x
2024-12-31	€75.89	€82.90	x
2025-12-31	€65.42	€82.90	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Wendel 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): -4.32%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -2.01%
• Asset Turnover: 0.45x
• Equity Multiplier: 4.74x
Recent ROE (-4.32%) is below the historical average (1.24%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2001	-49.43%	-129.50%	0.14x	2.74x	€-793.63 Million
2002	-79.65%	-155.10%	0.17x	2.96x	€-980.45 Million
2003	20.56%	42.34%	0.21x	2.28x	€129.74 Million
2004	28.67%	80.01%	0.09x	4.15x	€272.88 Million
2005	27.66%	14.94%	0.46x	4.05x	€265.42 Million
2006	19.96%	8.55%	0.42x	5.55x	€182.37 Million
2007	37.70%	16.07%	0.33x	7.16x	€646.09 Million
2008	11.17%	4.20%	0.32x	8.22x	€23.81 Million
2009	-70.07%	-16.62%	0.34x	12.34x	€-924.22 Million
2010	42.05%	18.25%	0.35x	6.53x	€763.92 Million
2011	19.50%	8.83%	0.39x	5.64x	€256.00 Million
2012	8.27%	3.29%	0.48x	5.25x	€-46.34 Million
2013	13.16%	5.17%	0.47x	5.41x	€80.15 Million
2014	-14.58%	-6.45%	0.43x	5.28x	€-605.65 Million
2015	-5.17%	-2.01%	0.42x	6.20x	€-452.50 Million
2016	-22.24%	-6.53%	0.47x	7.22x	€-727.77 Million
2017	-6.85%	-1.84%	0.56x	6.67x	€-364.62 Million
2018	-5.85%	-1.51%	0.59x	6.63x	€-342.33 Million
2019	16.50%	4.93%	0.56x	6.02x	€157.39 Million
2020	-13.18%	-3.86%	0.52x	6.59x	€-464.37 Million
2021	40.24%	13.95%	0.53x	5.45x	€786.76 Million
2022	2.55%	0.82%	0.61x	5.16x	€-207.66 Million
2023	5.32%	2.00%	0.47x	5.62x	€-125.24 Million
2024	9.12%	3.64%	0.52x	4.80x	€-28.39 Million
2025	-4.32%	-2.01%	0.45x	4.74x	€-503.41 Million

Industry Comparison

This section compares Wendel's net assets metrics with peer companies in the Asset Management industry.

Industry Context

Industry: Asset Management
Average net assets among peers: $1,560,105,579
Average return on equity (ROE) among peers: 13.21%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Wendel (MF)	€4.98 Billion	-49.43%	2.07x	$3.35 Billion
ABC arbitrage SA (ABCA)	$164.13 Million	16.36%	0.09x	$305.24 Million
Audacia SAS (ALAUD)	$14.06 Million	6.40%	0.77x	$27.75 Million
Crypto Blockchain Industries SA (ALCBI)	$17.83 Million	21.36%	0.53x	$21.89 Million
Hamilton Global Opportunities PLC (ALHGO)	$28.12 Million	20.52%	0.19x	$27.52 Million
Amundi SA (AMUN)	$6.64 Billion	8.55%	1.09x	$17.40 Billion
Antin IP SA (ANTIN)	$499.71 Million	26.43%	0.30x	$1.57 Billion
Compagnie du Cambodge (CBDG)	$7.38 Billion	0.62%	0.02x	$5.86 Billion
Electricite et Eaux de Madagascar SA (EEM)	$13.05 Million	-7.57%	0.97x	$8.24 Million
Transition Evergreen (EGR)	$103.91 Million	29.82%	0.30x	$2.94 Million
IDI S.C.A. (IDIP)	$733.37 Million	9.66%	0.18x	$523.70 Million

About Wendel

PA:MF France Asset Management

Market Cap

$3.74 Billion

€3.20 Billion EUR

Market Cap Rank

#4594 Global

#77 in France

Share Price

€82.90

Change (1 day)

-0.18%

52-Week Range

€74.50 - €91.60

All Time High

€121.59