Wavestone S.A. Net Assets
Wavestone S.A. net assets. Based on the latest financial reports, Wavestone S.A. (WAVE) has net assets worth €645.42 Million EUR (≈ $754.56 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€934.48 Million ≈ $1.09 Billion USD) and total liabilities (€289.06 Million ≈ $337.94 Million 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. Also explore Wavestone S.A. equity growth rate to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €645.42 Million |
| % of Total Assets | 69.07% |
| Annual Growth Rate | 18.4% |
| 5-Year Change | 207.38% |
| 10-Year Change | 645.36% |
| Growth Volatility | 19.54 |
Net Assets of Wavestone S.A. (2002–2025)
Net assets of Wavestone S.A. from 2002 to 2025. This chart illustrates how Wavestone S.A.'s net assets have evolved over time, based on quarterly financial data. See WAVE net asset quality index to measure how much of total assets are equity-financed.
Annual Net Assets for Wavestone S.A. (2002–2025)
The table below shows the annual net assets of Wavestone S.A. from 2002 to 2025. For live market cap and overall valuation, see WAVE market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | €633.40 Million ≈ $740.51 Million |
+10.85% |
| 2024-03-31 | €571.39 Million ≈ $668.02 Million |
+91.07% |
| 2023-03-31 | €299.05 Million ≈ $349.62 Million |
+16.37% |
| 2022-03-31 | €256.98 Million ≈ $300.44 Million |
+24.71% |
| 2021-03-31 | €206.06 Million ≈ $240.91 Million |
+16.33% |
| 2020-03-31 | €177.14 Million ≈ $207.10 Million |
+17.46% |
| 2019-03-31 | €150.81 Million ≈ $176.31 Million |
+15.79% |
| 2018-03-31 | €130.25 Million ≈ $152.27 Million |
+25.11% |
| 2017-03-31 | €104.11 Million ≈ $121.72 Million |
+22.51% |
| 2016-03-31 | €84.98 Million ≈ $99.35 Million |
+16.77% |
| 2015-03-31 | €72.77 Million ≈ $85.08 Million |
+13.92% |
| 2014-03-31 | €63.88 Million ≈ $74.68 Million |
+17.40% |
| 2013-03-31 | €54.41 Million ≈ $63.61 Million |
+20.49% |
| 2012-03-31 | €45.16 Million ≈ $52.80 Million |
+12.78% |
| 2011-03-31 | €40.04 Million ≈ $46.81 Million |
+16.75% |
| 2010-03-31 | €34.30 Million ≈ $40.10 Million |
+6.98% |
| 2009-03-31 | €32.06 Million ≈ $37.48 Million |
+24.27% |
| 2008-03-31 | €25.80 Million ≈ $30.16 Million |
+27.44% |
| 2007-03-31 | €20.24 Million ≈ $23.67 Million |
+28.53% |
| 2006-03-31 | €15.75 Million ≈ $18.41 Million |
+24.73% |
| 2005-03-31 | €12.63 Million ≈ $14.76 Million |
+24.44% |
| 2004-03-31 | €10.15 Million ≈ $11.86 Million |
+20.55% |
| 2003-03-31 | €8.42 Million ≈ $9.84 Million |
-35.34% |
| 2002-03-31 | €13.02 Million ≈ $15.22 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Wavestone S.A.'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 88924.0% over the analyzed period, indicating profitable operations and earnings retention.
Wavestone S.A. Net Assets Breakdown (March 2025)
Wavestone S.A. net assets breakdown by equity component as of March 2025.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €361.85 Million | 57.26% |
| Common Stock | €623.00K | 0.10% |
| Other Comprehensive Income | €4.05 Million | 0.64% |
| Other Components | €265.43 Million | 42.00% |
| Total Equity | €631.96 Million | 100.00% |
Wavestone S.A. Competitors by Market Cap
The table below lists competitors of Wavestone S.A. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Far Eastern Department Stores Ltd
TW:2903
|
$967.55 Million |
|
Jiujiang Shanshui Technology Co.Ltd
SHE:301190
|
$967.68 Million |
|
Leedarson IoT Technology Inc
SHG:605365
|
$968.21 Million |
|
ORION Holdings Corp
KO:001800
|
$968.22 Million |
|
Cangzhou Mingzhu Plastic Co Ltd
SHE:002108
|
$967.38 Million |
|
Hubei Heyuan Gas Co Ltd
SHE:002971
|
$967.33 Million |
|
Zhejiang Yankon Group Co Ltd
SHG:600261
|
$967.03 Million |
|
Zhejiang Great Shengda Packaging Co Ltd
SHG:603687
|
$966.65 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Wavestone S.A.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 569,466,000 to 631,957,000, a change of 62,491,000 (11.0%).
- Net income of 75,558,000 contributed positively to equity growth.
- Dividend payments of 9,380,000 reduced retained earnings.
- Share repurchases of 12,155,000 reduced equity.
- Other comprehensive income decreased equity by 241,162,000.
- Other factors increased equity by 249,630,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €75.56 Million | +11.96% |
| Dividends Paid | €9.38 Million | -1.48% |
| Share Repurchases | €12.15 Million | -1.92% |
| Other Comprehensive Income | €-241.16 Million | -38.16% |
| Other Changes | €249.63 Million | +39.5% |
| Total Change | €- | 10.97% |
Book Value vs Market Value Analysis
This analysis compares Wavestone S.A.'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: 1.31x
- 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 12.76x to 1.31x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2002-03-31 | €2.64 | €33.70 | x |
| 2003-03-31 | €-0.43 | €33.70 | x |
| 2004-03-31 | €2.15 | €33.70 | x |
| 2005-03-31 | €2.64 | €33.70 | x |
| 2006-03-31 | €0.79 | €33.70 | x |
| 2007-03-31 | €1.03 | €33.70 | x |
| 2008-03-31 | €1.32 | €33.70 | x |
| 2009-03-31 | €1.61 | €33.70 | x |
| 2010-03-31 | €1.73 | €33.70 | x |
| 2011-03-31 | €2.02 | €33.70 | x |
| 2012-03-31 | €2.27 | €33.70 | x |
| 2013-03-31 | €2.74 | €33.70 | x |
| 2014-03-31 | €3.26 | €33.70 | x |
| 2015-03-31 | €3.71 | €33.70 | x |
| 2016-03-31 | €4.33 | €33.70 | x |
| 2017-03-31 | €5.31 | €33.70 | x |
| 2018-03-31 | €6.50 | €33.70 | x |
| 2019-03-31 | €7.56 | €33.70 | x |
| 2020-03-31 | €8.91 | €33.70 | x |
| 2021-03-31 | €10.33 | €33.70 | x |
| 2022-03-31 | €12.84 | €33.70 | x |
| 2023-03-31 | €14.99 | €33.70 | x |
| 2024-03-31 | €26.55 | €33.70 | x |
| 2025-03-31 | €25.72 | €33.70 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Wavestone S.A. 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): 11.96%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.01%
- • Asset Turnover: 0.96x
- • Equity Multiplier: 1.55x
- Recent ROE (11.96%) is below the historical average (16.38%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 3.53% | 2.04% | 0.89x | 1.94x | €-803.54K |
| 2003 | 0.00% | -18.09% | 1.33x | 0.00x | €-4.13 Million |
| 2004 | 19.24% | 7.18% | 1.29x | 2.07x | €937.42K |
| 2005 | 21.08% | 8.44% | 1.27x | 1.96x | €1.40 Million |
| 2006 | 20.34% | 8.27% | 1.25x | 1.97x | €1.63 Million |
| 2007 | 22.88% | 8.76% | 1.23x | 2.12x | €2.61 Million |
| 2008 | 23.91% | 8.45% | 1.13x | 2.50x | €3.59 Million |
| 2009 | 21.88% | 6.88% | 1.32x | 2.41x | €3.81 Million |
| 2010 | 9.48% | 3.14% | 1.31x | 2.30x | €-177.60K |
| 2011 | 17.32% | 6.42% | 1.27x | 2.12x | €2.93 Million |
| 2012 | 15.50% | 6.48% | 1.24x | 1.93x | €2.48 Million |
| 2013 | 19.00% | 7.92% | 1.17x | 2.06x | €4.89 Million |
| 2014 | 17.14% | 7.73% | 1.13x | 1.95x | €4.56 Million |
| 2015 | 17.31% | 7.72% | 1.14x | 1.97x | €5.32 Million |
| 2016 | 15.72% | 5.73% | 0.75x | 3.67x | €4.86 Million |
| 2017 | 19.26% | 5.92% | 1.02x | 3.20x | €9.64 Million |
| 2018 | 20.44% | 7.40% | 1.00x | 2.77x | €13.60 Million |
| 2019 | 20.40% | 7.86% | 1.02x | 2.55x | €15.69 Million |
| 2020 | 17.58% | 7.38% | 0.94x | 2.54x | €13.43 Million |
| 2021 | 12.32% | 6.08% | 0.94x | 2.17x | €4.77 Million |
| 2022 | 19.86% | 10.86% | 0.95x | 1.92x | €25.33 Million |
| 2023 | 16.74% | 9.41% | 0.99x | 1.79x | €20.16 Million |
| 2024 | 10.22% | 8.30% | 0.72x | 1.72x | €1.25 Million |
| 2025 | 11.96% | 8.01% | 0.96x | 1.55x | €12.36 Million |
Industry Comparison
This section compares Wavestone S.A.'s net assets metrics with peer companies in the Information Technology Services industry.
Industry Context
- Industry: Information Technology Services
- Average net assets among peers: $938,784,811
- Average return on equity (ROE) among peers: 16.78%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Wavestone S.A. (WAVE) | €645.42 Million | 3.53% | 0.45x | $967.41 Million |
| Hitechpros (ALHIT) | $3.56 Million | 39.38% | 1.63x | $21.25 Million |
| IT Link (ALITL) | $10.18 Million | 24.56% | 1.62x | $27.32 Million |
| Keyrus SA (ALKEY) | $53.11 Million | -10.38% | 4.43x | $112.89 Million |
| Alten SA (ATE) | $2.22 Billion | 4.81% | 0.64x | $2.38 Billion |
| Atos SE (ATO) | $2.94 Billion | 8.90% | 1.45x | $585.41 Million |
| Aubay Société Anonyme (AUB) | $202.90 Million | 12.88% | 0.88x | $662.40 Million |
| Capgemini SE (CAP) | $3.85 Billion | 11.43% | 1.37x | $16.85 Billion |
| Union Technologies Informatique Group S.A (FPG) | $3.00 Million | 12.25% | 4.06x | $7.06 Million |
| Infotel SA (INF) | $98.70 Million | 9.54% | 1.31x | $267.53 Million |
| Cheops Technology France SA (MLCHE) | $2.81 Million | 54.45% | 2.85x | $132.25 Million |
About Wavestone S.A.
Wavestone SA provides consulting services in France and internationally. The company offers change and project management; compliance and resilience; core business software development; corporate finance, and HR, risk, and procurement; customer experience; cybersecurity; data and artificial intelligence; industry 4.0 and IoT; IT strategy and CTO advisory; operating model design and agility; SAP c… Read more