flatexDEGIRO AG
flatexDEGIRO SE, together with its subsidiaries, provides online brokerage and IT solutions in the areas of finance and financial technology services in Europe. The company operates through two segments: flatex and DEGIRO. The company offers online brokerage services, including execution-only securities transactions under the flatex brand; shares, bonds, futures, options, stock-exchange-traded pr… Read more
flatexDEGIRO AG (FNNTF) - Net Assets
Latest net assets as of June 2025: $814.41 Million USD
Based on the latest financial reports, flatexDEGIRO AG (FNNTF) has net assets worth $814.41 Million USD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($6.33 Billion) and total liabilities ($5.52 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 | $814.41 Million |
| % of Total Assets | 12.86% |
| Annual Growth Rate | 40.72% |
| 5-Year Change | 69.27% |
| 10-Year Change | 778.97% |
| Growth Volatility | 71.42 |
flatexDEGIRO AG - Net Assets Trend (2006–2024)
This chart illustrates how flatexDEGIRO 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 flatexDEGIRO AG (2006–2024)
The table below shows the annual net assets of flatexDEGIRO AG from 2006 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $754.65 Million | +12.03% |
| 2023-12-31 | $673.62 Million | +10.74% |
| 2022-12-31 | $608.27 Million | +21.80% |
| 2021-12-31 | $499.38 Million | +12.01% |
| 2020-12-31 | $445.83 Million | +144.69% |
| 2019-12-31 | $182.20 Million | +11.33% |
| 2018-12-31 | $163.66 Million | +45.18% |
| 2017-12-31 | $112.72 Million | +24.38% |
| 2016-12-31 | $90.63 Million | +5.56% |
| 2015-12-31 | $85.86 Million | +86.10% |
| 2014-12-31 | $46.13 Million | +51.25% |
| 2013-12-31 | $30.50 Million | +111.09% |
| 2012-12-31 | $14.45 Million | -29.73% |
| 2011-12-31 | $20.56 Million | +29.63% |
| 2010-12-31 | $15.86 Million | +25.02% |
| 2009-12-31 | $12.69 Million | +58.72% |
| 2008-12-31 | $7.99 Million | +25.38% |
| 2007-12-31 | $6.38 Million | +295.90% |
| 2006-12-31 | $1.61 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to flatexDEGIRO 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 44223923600.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $439.82 Million | 58.28% |
| Common Stock | $110.13 Million | 14.59% |
| Other Comprehensive Income | $-496.00K | -0.07% |
| Other Components | $205.20 Million | 27.19% |
| Total Equity | $754.65 Million | 100.00% |
flatexDEGIRO AG Competitors by Market Cap
The table below lists competitors of flatexDEGIRO AG ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
JYP Entertainment Corporation
KQ:035900
|
$1.25 Billion |
|
Greatland Gold plc
PINK:GRLGF
|
$1.25 Billion |
|
Shantui Construction Machinery Co Ltd
SHE:000680
|
$1.25 Billion |
|
Emerald Resources NL
PINK:EOGSF
|
$1.25 Billion |
|
TerraVest Industries Inc
PINK:TRRVF
|
$1.25 Billion |
|
Shanghai Bairun Flavor & Fragrance Co Ltd
SHE:002568
|
$1.25 Billion |
|
Mr D I Y Group M Bhd
KLSE:5296
|
$1.24 Billion |
|
Suven Pharmaceuticals Limited
NSE:SUVENPHAR
|
$1.24 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in flatexDEGIRO AG's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 673,624,000 to 754,652,000, a change of 81,028,000 (12.0%).
- Net income of 111,535,000 contributed positively to equity growth.
- Dividend payments of 4,401,000 reduced retained earnings.
- Share repurchases of 28,692,000 reduced equity.
- New share issuances of 140,000 increased equity.
- Other comprehensive income increased equity by 363,001.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $111.53 Million | +14.78% |
| Dividends Paid | $4.40 Million | -0.58% |
| Share Repurchases | $28.69 Million | -3.8% |
| Share Issuances | $140.00K | +0.02% |
| Other Comprehensive Income | $363.00K | +0.05% |
| Other Changes | $2.08 Million | +0.28% |
| Total Change | $- | 12.03% |
Book Value vs Market Value Analysis
This analysis compares flatexDEGIRO 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: 2.21x
- 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 87.48x to 2.21x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-12-31 | $0.17 | $15.15 | x |
| 2007-12-31 | $0.69 | $15.15 | x |
| 2008-12-31 | $0.86 | $15.15 | x |
| 2009-12-31 | $1.37 | $15.15 | x |
| 2010-12-31 | $0.41 | $15.15 | x |
| 2011-12-31 | $0.53 | $15.15 | x |
| 2012-12-31 | $0.41 | $15.15 | x |
| 2013-12-31 | $0.61 | $15.15 | x |
| 2014-12-31 | $0.93 | $15.15 | x |
| 2015-12-31 | $1.15 | $15.15 | x |
| 2016-12-31 | $1.12 | $15.15 | x |
| 2017-12-31 | $1.67 | $15.15 | x |
| 2018-12-31 | $2.28 | $15.15 | x |
| 2019-12-31 | $2.33 | $15.15 | x |
| 2020-12-31 | $4.82 | $15.15 | x |
| 2021-12-31 | $4.53 | $15.15 | x |
| 2022-12-31 | $5.52 | $15.15 | x |
| 2023-12-31 | $6.12 | $15.15 | x |
| 2024-12-31 | $6.87 | $15.15 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently flatexDEGIRO 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): 14.78%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 24.12%
- • Asset Turnover: 0.09x
- • Equity Multiplier: 7.16x
- Recent ROE (14.78%) is above the historical average (4.67%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | -150.54% | -109.56% | 1.05x | 1.30x | $-2.59 Million |
| 2007 | 12.01% | 11.13% | 0.96x | 1.12x | $127.90K |
| 2008 | 13.99% | 13.33% | 0.96x | 1.10x | $319.09K |
| 2009 | 12.41% | 17.95% | 0.62x | 1.11x | $305.69K |
| 2010 | 18.61% | 18.10% | 0.84x | 1.22x | $1.30 Million |
| 2011 | 29.96% | 24.08% | 0.93x | 1.33x | $3.85 Million |
| 2012 | 3.55% | 3.05% | 0.94x | 1.24x | $-878.55K |
| 2013 | -3.72% | -7.91% | 0.28x | 1.67x | $-4.19 Million |
| 2014 | 11.17% | 32.85% | 0.18x | 1.90x | $584.80K |
| 2015 | 19.15% | 21.37% | 0.05x | 16.51x | $6.69 Million |
| 2016 | 21.68% | 18.95% | 0.06x | 20.30x | $8.83 Million |
| 2017 | 14.90% | 16.40% | 0.09x | 9.82x | $5.52 Million |
| 2018 | 12.90% | 18.63% | 0.09x | 7.50x | $4.73 Million |
| 2019 | 8.19% | 11.28% | 0.10x | 6.97x | $-3.28 Million |
| 2020 | 11.21% | 19.09% | 0.09x | 6.33x | $5.38 Million |
| 2021 | 10.33% | 12.71% | 0.11x | 7.40x | $1.66 Million |
| 2022 | 17.46% | 26.06% | 0.10x | 6.74x | $45.31 Million |
| 2023 | 10.67% | 18.90% | 0.08x | 6.74x | $4.50 Million |
| 2024 | 14.78% | 24.12% | 0.09x | 7.16x | $36.07 Million |
Industry Comparison
This section compares flatexDEGIRO AG's net assets metrics with peer companies in the Capital Markets industry.
Industry Context
- Industry: Capital Markets
- Average net assets among peers: $277,925,984
- Average return on equity (ROE) among peers: -4.75%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| flatexDEGIRO AG (FNNTF) | $814.41 Million | -150.54% | 6.77x | $1.25 Billion |
| Armada Mercantile Ltd (AAMTF) | $197.80K | -9.79% | 0.44x | $3.53 Million |
| ABG Sundal Collier Holding ASA (ABGSF) | $1.65 Billion | 37.94% | 2.19x | $207.31 Million |
| Athena Bitcoin Global (ABIT) | $-1.06 Million | 0.00% | 0.00x | $16.38 Million |
| ABS-CBN Holdings Corporation (ABSOF) | $0.00 | 0.00% | 0.00x | $5.67 Million |
| American Bitcoin Corp (ABTC) | $1.02 Billion | 42.26% | 0.09x | $204.84 Million |
| Abits Group Inc. (ABTS) | $6.57 Million | -41.72% | 0.18x | $4.62 Million |
| Argentex Group PLC (AGXTF) | $43.40 Million | -3.00% | 2.61x | $4.51 Million |
| Sphere 3D Corp (ANY) | $40.32 Million | -58.05% | 0.24x | $4.44 Million |
| Argo Blockchain PLC (ARBKF) | $27.19 Million | -15.14% | 0.01x | $2.16 Million |
| Arcane Crypto AB (ARCNF) | $-17.00K | 0.00% | 0.00x | $1.38 Million |