Bechtle AG
Bechtle AG provides information technology (IT) services primarily in Europe. It operates through two segments, IT System House & Managed Services, and IT E-Commerce. The IT System House & Managed Services segment offers IT strategy consulting, hardware and software, project planning and implementation, system integration, IT, and training services for IT operation. The IT E-Commerce segment prov… Read more
Bechtle AG (BHTLF) - Net Assets
Latest net assets as of September 2025: $1.96 Billion USD
Based on the latest financial reports, Bechtle AG (BHTLF) has net assets worth $1.96 Billion USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($4.10 Billion) and total liabilities ($2.13 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 | $1.96 Billion |
| % of Total Assets | 47.92% |
| Annual Growth Rate | 11.81% |
| 5-Year Change | 64.8% |
| 10-Year Change | 208.56% |
| Growth Volatility | 2.86 |
Bechtle AG - Net Assets Trend (2002–2024)
This chart illustrates how Bechtle AG's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Bechtle AG (2002–2024)
The table below shows the annual net assets of Bechtle AG from 2002 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $1.92 Billion | +9.90% |
| 2023-12-31 | $1.74 Billion | +13.28% |
| 2022-12-31 | $1.54 Billion | +13.69% |
| 2021-12-31 | $1.35 Billion | +16.44% |
| 2020-12-31 | $1.16 Billion | +14.50% |
| 2019-12-31 | $1.01 Billion | +14.90% |
| 2018-12-31 | $883.20 Million | +13.63% |
| 2017-12-31 | $777.28 Million | +11.98% |
| 2016-12-31 | $694.10 Million | +11.83% |
| 2015-12-31 | $620.65 Million | +12.03% |
| 2014-12-31 | $554.00 Million | +10.45% |
| 2013-12-31 | $501.56 Million | +9.42% |
| 2012-12-31 | $458.39 Million | +9.39% |
| 2011-12-31 | $419.04 Million | +12.80% |
| 2010-12-31 | $371.48 Million | +10.90% |
| 2009-12-31 | $334.96 Million | +7.55% |
| 2008-12-31 | $311.45 Million | +12.80% |
| 2007-12-31 | $276.11 Million | +10.92% |
| 2006-12-31 | $248.93 Million | +4.94% |
| 2005-12-31 | $237.20 Million | +10.87% |
| 2004-12-31 | $213.96 Million | +18.31% |
| 2003-12-31 | $180.84 Million | +10.12% |
| 2002-12-31 | $164.21 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Bechtle AG'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 13358.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $1.72 Billion | 89.80% |
| Common Stock | $126.00 Million | 6.59% |
| Other Comprehensive Income | $105.76 Million | 5.53% |
| Total Equity | $1.91 Billion | 100.00% |
Bechtle AG Competitors by Market Cap
The table below lists competitors of Bechtle AG ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
NMDC Limited
NSE:NMDC
|
$3.09 Billion |
|
Dabur India Limited
NSE:DABUR
|
$3.09 Billion |
|
Sega Sammy Holdings Inc
PINK:SGAMF
|
$3.09 Billion |
|
Nissin Foods Holdings Co.Ltd
F:NF2
|
$3.09 Billion |
|
Angel Yeast Co Ltd
SHG:600298
|
$3.08 Billion |
|
Life360, Inc. Common Stock
NASDAQ:LIF
|
$3.08 Billion |
|
360 ONE WAM LIMITED
NSE:360ONE
|
$3.08 Billion |
|
Patterson-UTI Energy Inc
NASDAQ:PTEN
|
$3.07 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Bechtle AG's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,742,612,000 to 1,911,446,000, a change of 168,834,000 (9.7%).
- Net income of 245,498,000 contributed positively to equity growth.
- Dividend payments of 88,200,000 reduced retained earnings.
- Other comprehensive income increased equity by 11,535,999.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $245.50 Million | +12.84% |
| Dividends Paid | $88.20 Million | -4.61% |
| Other Comprehensive Income | $11.54 Million | +0.6% |
| Other Changes | $1.00 | +0.0% |
| Total Change | $- | 9.69% |
Book Value vs Market Value Analysis
This analysis compares Bechtle AG'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: 2.48x
- 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 27.70x to 2.48x 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 | $1.36 | $37.62 | x |
| 2003-12-31 | $1.49 | $37.62 | x |
| 2004-12-31 | $1.69 | $37.62 | x |
| 2005-12-31 | $1.86 | $37.62 | x |
| 2006-12-31 | $1.96 | $37.62 | x |
| 2007-12-31 | $2.17 | $37.62 | x |
| 2008-12-31 | $2.45 | $37.62 | x |
| 2009-12-31 | $2.68 | $37.62 | x |
| 2010-12-31 | $2.95 | $37.62 | x |
| 2011-12-31 | $3.33 | $37.62 | x |
| 2012-12-31 | $3.64 | $37.62 | x |
| 2013-12-31 | $3.98 | $37.62 | x |
| 2014-12-31 | $4.40 | $37.62 | x |
| 2015-12-31 | $4.93 | $37.62 | x |
| 2016-12-31 | $5.51 | $37.62 | x |
| 2017-12-31 | $6.17 | $37.62 | x |
| 2018-12-31 | $7.01 | $37.62 | x |
| 2019-12-31 | $8.05 | $37.62 | x |
| 2020-12-31 | $9.22 | $37.62 | x |
| 2021-12-31 | $10.74 | $37.62 | x |
| 2022-12-31 | $12.21 | $37.62 | x |
| 2023-12-31 | $13.83 | $37.62 | x |
| 2024-12-31 | $15.17 | $37.62 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Bechtle AG 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): 12.84%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.89%
- • Asset Turnover: 1.50x
- • Equity Multiplier: 2.21x
- Recent ROE (12.84%) is below the historical average (13.76%), 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 | 7.31% | 1.60% | 3.05x | 1.50x | $-4.42 Million |
| 2003 | 10.22% | 2.32% | 2.84x | 1.55x | $404.00K |
| 2004 | 13.88% | 2.72% | 2.86x | 1.79x | $8.25 Million |
| 2005 | 12.33% | 2.48% | 2.85x | 1.75x | $5.52 Million |
| 2006 | 11.88% | 2.42% | 2.90x | 1.69x | $4.67 Million |
| 2007 | 14.83% | 2.96% | 3.06x | 1.63x | $13.35 Million |
| 2008 | 14.59% | 3.17% | 2.89x | 1.59x | $14.28 Million |
| 2009 | 10.23% | 2.48% | 2.65x | 1.55x | $761.90K |
| 2010 | 12.50% | 2.69% | 2.64x | 1.76x | $9.27 Million |
| 2011 | 14.97% | 3.14% | 2.48x | 1.92x | $20.82 Million |
| 2012 | 12.34% | 2.70% | 2.48x | 1.84x | $10.72 Million |
| 2013 | 12.64% | 2.79% | 2.50x | 1.82x | $13.24 Million |
| 2014 | 13.75% | 2.95% | 2.54x | 1.84x | $20.79 Million |
| 2015 | 14.96% | 3.28% | 2.46x | 1.85x | $30.81 Million |
| 2016 | 14.89% | 3.34% | 2.44x | 1.83x | $33.96 Million |
| 2017 | 14.74% | 3.21% | 2.47x | 1.86x | $36.83 Million |
| 2018 | 15.53% | 3.17% | 2.13x | 2.30x | $48.82 Million |
| 2019 | 16.80% | 3.17% | 2.24x | 2.36x | $69.00 Million |
| 2020 | 16.57% | 3.31% | 2.17x | 2.31x | $76.34 Million |
| 2021 | 17.10% | 4.36% | 1.76x | 2.23x | $96.13 Million |
| 2022 | 16.32% | 4.17% | 1.75x | 2.24x | $97.29 Million |
| 2023 | 15.24% | 4.13% | 1.69x | 2.18x | $91.25 Million |
| 2024 | 12.84% | 3.89% | 1.50x | 2.21x | $54.35 Million |
Industry Comparison
This section compares Bechtle AG's net assets metrics with peer companies in the Information Technology Services industry.
Industry Context
- Industry: Information Technology Services
- Average net assets among peers: $3,830,255,773
- Average return on equity (ROE) among peers: 14.82%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Bechtle AG (BHTLF) | $1.96 Billion | 7.31% | 1.09x | $3.08 Billion |
| Accenture plc (ACN) | $26.46 Billion | 25.97% | 0.94x | $121.95 Billion |
| adesso SE (ADSGF) | $92.48 Million | 18.84% | 2.47x | $184.00 Million |
| Atlantic Energy Solutions Inc (AESO) | $1.19 Million | 45.06% | 4.65x | $67.96 |
| Atos SE (AEXAF) | $5.23 Billion | 11.49% | 1.58x | $64.82K |
| AGILQ (AGILQ) | $94.65 Million | -21.20% | 1.34x | $5.00K |
| Alithya Group Inc (ALYAF) | $33.37 Million | -8.60% | 1.59x | $59.40 Million |
| Amadeus IT Group S.A (AMADF) | $5.06 Billion | 24.75% | 1.33x | $28.16 Billion |
| Amadeus IT Holding SA PK (AMADY) | $1.27 Billion | 57.67% | 2.98x | $24.80 Billion |
| Applied Digital Corporation (APLD) | $4.39 Million | -5.99% | 0.46x | $6.54 Billion |
| Amper S.A. (APMRF) | $63.30 Million | 0.22% | 5.45x | $216.95 Million |