Veolia Environnement VE SA (VIE) - Net Assets
Based on the latest financial reports, Veolia Environnement VE SA (VIE) has net assets worth €12.72 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 (€68.97 Billion) and total liabilities (€56.25 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 | €12.72 Billion |
| % of Total Assets | 18.44% |
| Annual Growth Rate | 8.24% |
| 5-Year Change | 84.08% |
| 10-Year Change | 61.06% |
| Growth Volatility | 65.79 |
Veolia Environnement VE SA - Net Assets Trend (1999–2024)
This chart illustrates how Veolia Environnement VE 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 Veolia Environnement VE SA (1999–2024)
The table below shows the annual net assets of Veolia Environnement VE SA from 1999 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €15.31 Billion | +4.11% |
| 2023-12-31 | €14.70 Billion | -1.11% |
| 2022-12-31 | €14.87 Billion | +16.42% |
| 2021-12-31 | €12.77 Billion | +53.58% |
| 2020-12-31 | €8.31 Billion | +17.47% |
| 2019-12-31 | €7.08 Billion | +487.99% |
| 2018-12-31 | €-1.82 Billion | -121.08% |
| 2017-12-31 | €8.66 Billion | -2.48% |
| 2016-12-31 | €8.88 Billion | -6.60% |
| 2015-12-31 | €9.50 Billion | +0.47% |
| 2014-12-31 | €9.46 Billion | -2.32% |
| 2013-12-31 | €9.68 Billion | +6.11% |
| 2012-12-31 | €9.13 Billion | -7.21% |
| 2011-12-31 | €9.84 Billion | -9.73% |
| 2010-12-31 | €10.89 Billion | +7.54% |
| 2009-12-31 | €10.13 Billion | +6.03% |
| 2008-12-31 | €9.55 Billion | -6.39% |
| 2007-12-31 | €10.21 Billion | +55.75% |
| 2006-12-31 | €6.55 Billion | +15.19% |
| 2005-12-31 | €5.69 Billion | +1.33% |
| 2004-12-31 | €5.61 Billion | -10.08% |
| 2003-12-31 | €6.24 Billion | -30.03% |
| 2002-12-31 | €8.92 Billion | +9.01% |
| 2001-12-31 | €8.19 Billion | -0.93% |
| 2000-12-31 | €8.26 Billion | +290.43% |
| 1999-12-31 | €2.12 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Veolia Environnement VE 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 decreased by 1313.6% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | €3.70 Billion | 28.67% |
| Other Comprehensive Income | €-307.00 Million | -2.38% |
| Other Components | €13.24 Billion | 102.52% |
| Total Equity | €12.91 Billion | 100.00% |
Veolia Environnement VE SA Competitors by Market Cap
The table below lists competitors of Veolia Environnement VE SA ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Volkswagen AG Non-Vtg Pfd.
WAR:VOW
|
$21.66 Billion |
|
Renesas Electronics Corporation
F:NEN0
|
$21.75 Billion |
|
POP MART INT.GRP.DL-0001
F:735
|
$21.78 Billion |
|
CSG N.V.
AS:CSG
|
$21.79 Billion |
|
China Everbright Bank Co Ltd
SHG:601818
|
$21.59 Billion |
|
Brambles Ltd
AU:BXB
|
$21.51 Billion |
|
Quest Diagnostics Incorporated
NYSE:DGX
|
$21.50 Billion |
|
Carpenter Technology Corporation
NYSE:CRS
|
$21.48 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Veolia Environnement VE SA's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 8,681,000,000 to 12,915,000,000, a change of 4,234,000,000 (48.8%).
- Net income of 1,097,000,000 contributed positively to equity growth.
- Dividend payments of 976,000,000 reduced retained earnings.
- Share repurchases of 229,000,000 reduced equity.
- New share issuances of 341,000,000 increased equity.
- Other comprehensive income increased equity by 265,000,000.
- Other factors increased equity by 3,736,000,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €1.10 Billion | +8.49% |
| Dividends Paid | €976.00 Million | -7.56% |
| Share Repurchases | €229.00 Million | -1.77% |
| Share Issuances | €341.00 Million | +2.64% |
| Other Comprehensive Income | €265.00 Million | +2.05% |
| Other Changes | €3.74 Billion | +28.93% |
| Total Change | €- | 48.77% |
Book Value vs Market Value Analysis
This analysis compares Veolia Environnement VE 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: 2.04x
- 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 11.70x to 2.04x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1999-12-31 | €3.04 | €35.55 | x |
| 2000-12-31 | €21.05 | €35.55 | x |
| 2001-12-31 | €15.97 | €35.55 | x |
| 2002-12-31 | €17.32 | €35.55 | x |
| 2003-12-31 | €8.47 | €35.55 | x |
| 2004-12-31 | €8.52 | €35.55 | x |
| 2005-12-31 | €9.18 | €35.55 | x |
| 2006-12-31 | €10.40 | €35.55 | x |
| 2007-12-31 | €16.90 | €35.55 | x |
| 2008-12-31 | €14.58 | €35.55 | x |
| 2009-12-31 | €15.25 | €35.55 | x |
| 2010-12-31 | €15.94 | €35.55 | x |
| 2011-12-31 | €13.73 | €35.55 | x |
| 2012-12-31 | €13.55 | €35.55 | x |
| 2013-12-31 | €15.09 | €35.55 | x |
| 2014-12-31 | €14.72 | €35.55 | x |
| 2015-12-31 | €15.20 | €35.55 | x |
| 2016-12-31 | €13.63 | €35.55 | x |
| 2017-12-31 | €13.06 | €35.55 | x |
| 2018-12-31 | €4.91 | €35.55 | x |
| 2019-12-31 | €9.89 | €35.55 | x |
| 2020-12-31 | €12.00 | €35.55 | x |
| 2021-12-31 | €18.64 | €35.55 | x |
| 2022-12-31 | €5.00 | €35.55 | x |
| 2023-12-31 | €11.88 | €35.55 | x |
| 2024-12-31 | €17.43 | €35.55 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Veolia Environnement VE 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): 8.49%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.45%
- • Asset Turnover: 0.61x
- • Equity Multiplier: 5.65x
- Recent ROE (8.49%) is above the historical average (2.23%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1999 | -6.24% | -0.20% | 0.51x | 61.06x | €-110.11 Million |
| 2000 | 9.90% | 2.33% | 0.66x | 6.41x | €-6.05 Million |
| 2001 | -39.22% | -7.73% | 0.66x | 7.74x | €-2.80 Billion |
| 2002 | 5.36% | 1.13% | 0.72x | 6.64x | €-294.03 Million |
| 2003 | -57.48% | -7.18% | 0.73x | 10.89x | €-2.41 Billion |
| 2004 | 13.96% | 2.02% | 0.68x | 10.18x | €141.14 Million |
| 2005 | 16.37% | 2.47% | 0.70x | 9.55x | €242.23 Million |
| 2006 | 17.40% | 2.65% | 0.71x | 9.20x | €322.62 Million |
| 2007 | 12.16% | 2.84% | 0.70x | 6.08x | €164.71 Million |
| 2008 | 5.77% | 1.12% | 0.74x | 7.02x | €-296.68 Million |
| 2009 | 6.59% | 1.42% | 0.69x | 6.68x | €-254.36 Million |
| 2010 | 7.42% | 2.05% | 0.56x | 6.47x | €-205.92 Million |
| 2011 | -14.01% | -3.34% | 0.59x | 7.13x | €-1.70 Billion |
| 2012 | -0.44% | -0.14% | 0.52x | 6.24x | €-746.81 Million |
| 2013 | -2.29% | -0.82% | 0.63x | 4.42x | €-1.01 Billion |
| 2014 | 2.10% | 0.73% | 0.69x | 4.19x | €-655.39 Million |
| 2015 | 4.39% | 1.47% | 0.70x | 4.30x | €-467.63 Million |
| 2016 | 4.06% | 1.30% | 0.64x | 4.90x | €-460.62 Million |
| 2017 | 4.40% | 1.33% | 0.65x | 5.11x | €-420.39 Million |
| 2018 | 13.23% | 1.44% | 0.85x | 10.77x | €91.40 Million |
| 2019 | 10.44% | 2.28% | 0.66x | 6.91x | €26.03 Million |
| 2020 | 1.23% | 0.34% | 0.57x | 6.29x | €-632.82 Million |
| 2021 | 3.51% | 1.42% | 0.54x | 4.61x | €-747.50 Million |
| 2022 | 20.03% | 1.67% | 0.59x | 20.52x | €358.51 Million |
| 2023 | 10.79% | 2.07% | 0.62x | 8.36x | €68.90 Million |
| 2024 | 8.49% | 2.45% | 0.61x | 5.65x | €-194.50 Million |
Industry Comparison
This section compares Veolia Environnement VE SA's net assets metrics with peer companies in the Waste Management industry.
Industry Context
- Industry: Waste Management
- Average net assets among peers: $67,830,000
- Average return on equity (ROE) among peers: -37.27%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Veolia Environnement VE SA (VIE) | €12.72 Billion | -6.24% | 4.42x | $21.66 Billion |
| Europlasma SA (ALEUP) | $4.47 Million | -283.26% | 8.04x | $126.93K |
| Aurea SA (AURE) | $73.73 Million | 3.26% | 0.93x | $55.51 Million |
| Derichebourg (DBG) | $151.86 Million | -18.24% | 6.05x | $1.34 Billion |
| Groupe Pizzorno Environnement SA (GPE) | $13.52 Million | 30.77% | 5.25x | $237.28 Million |
| Finaxo Environnement Societe Anonyme (MLFXO) | $6.66 Million | 0.45% | 0.33x | $7.28 Million |
| Orege Société Anonyme (OREGE) | $-30.20 Million | 0.00% | 0.00x | $14.58 Million |
| Seche Environnem. (SCHP) | $254.77 Million | 6.12% | 2.60x | $470.57 Million |
About Veolia Environnement VE SA
Veolia Environnement SA designs and provides water, waste, and energy management solutions. It operates through France and Special Waste Europe; Europe excluding France; Rest of the World; Water Technologies; and Other segments. The company is involved in resource management; production, treatment, distribution, and delivery of drinking and industrial process water; customer relationship manageme… Read more