va-Q-tec AG
va-Q-tec AG develops, produces, and markets vacuum insulation panels and phase change materials in Germany, rest of European Union, and internationally. It also manufactures and distributes thermal packaging solutions and thermal energy storage components. In addition, the company supplies temperature controlled supply chain systems for healthcare and logistics companies; insulation of refrigerat… Read more
va-Q-tec AG (VAQTF) - Net Assets
Latest net assets as of September 2024: $44.66 Million USD
Based on the latest financial reports, va-Q-tec AG (VAQTF) has net assets worth $44.66 Million USD as of September 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($148.06 Million) and total liabilities ($103.39 Million). 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 | $44.66 Million |
| % of Total Assets | 30.17% |
| Annual Growth Rate | -0.82% |
| 5-Year Change | -2.36% |
| 10-Year Change | N/A |
| Growth Volatility | 21.13 |
va-Q-tec AG - Net Assets Trend (2016–2023)
This chart illustrates how va-Q-tec 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 va-Q-tec AG (2016–2023)
The table below shows the annual net assets of va-Q-tec AG from 2016 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $50.90 Million | +31.53% |
| 2022-12-31 | $38.70 Million | -25.07% |
| 2021-12-31 | $51.65 Million | +25.19% |
| 2020-12-31 | $41.26 Million | -20.86% |
| 2019-12-31 | $52.13 Million | +15.18% |
| 2018-12-31 | $45.26 Million | -14.59% |
| 2017-12-31 | $52.99 Million | -1.75% |
| 2016-12-31 | $53.94 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to va-Q-tec 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 decreased by 4638000000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $14.76 Million | 28.99% |
| Other Comprehensive Income | $335.00K | 0.66% |
| Other Components | $87.50 Million | 171.91% |
| Total Equity | $50.90 Million | 100.00% |
va-Q-tec AG Competitors by Market Cap
The table below lists competitors of va-Q-tec AG ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
UOB Kay Hian Securities (Thailand) Public Company Limited
BK:UOBKH
|
$8.84 Million |
|
Horseshoe Metals Ltd
AU:HOR
|
$8.85 Million |
|
Dala Energi AB
ST:DE
|
$8.85 Million |
|
Elbit Imaging Ltd
PINK:EMITF
|
$8.86 Million |
|
SAIHEAT Limited
NASDAQ:SAIH
|
$8.84 Million |
|
Minda Global Bhd
KLSE:5166
|
$8.84 Million |
|
BMC
ST:BMC
|
$8.84 Million |
|
VVT Med Inc.
V:VVTM
|
$8.84 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in va-Q-tec AG's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 38,699,000 to 50,899,000, a change of 12,200,000 (31.5%).
- Net loss of 22,741,000 reduced equity.
- New share issuances of 34,879,000 increased equity.
- Other comprehensive income decreased equity by 43,001.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-22.74 Million | -44.68% |
| Share Issuances | $34.88 Million | +68.53% |
| Other Comprehensive Income | $-43.00K | -0.08% |
| Other Changes | $105.00K | +0.21% |
| Total Change | $- | 31.53% |
Book Value vs Market Value Analysis
This analysis compares va-Q-tec 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: 6.62x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has increased from 6.21x to 6.62x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | $4.05 | $25.16 | x |
| 2018-12-31 | $3.46 | $25.16 | x |
| 2019-12-31 | $3.67 | $25.16 | x |
| 2020-12-31 | $3.16 | $25.16 | x |
| 2021-12-31 | $3.94 | $25.16 | x |
| 2022-12-31 | $2.89 | $25.16 | x |
| 2023-12-31 | $3.80 | $25.16 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently va-Q-tec 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): -44.68%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -20.55%
- • Asset Turnover: 0.77x
- • Equity Multiplier: 2.81x
- Recent ROE (-44.68%) is below the historical average (-12.75%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | -3.20% | -4.86% | 0.42x | 1.56x | $-7.12 Million |
| 2017 | -1.62% | -1.83% | 0.49x | 1.80x | $-6.16 Million |
| 2018 | -17.07% | -15.24% | 0.46x | 2.43x | $-12.25 Million |
| 2019 | -6.01% | -3.97% | 0.61x | 2.48x | $-7.67 Million |
| 2020 | -3.48% | -1.99% | 0.61x | 2.89x | $-5.56 Million |
| 2021 | 4.19% | 2.08% | 0.72x | 2.81x | $-3.00 Million |
| 2022 | -30.14% | -10.43% | 0.78x | 3.68x | $-15.53 Million |
| 2023 | -44.68% | -20.55% | 0.77x | 2.81x | $-27.83 Million |
Industry Comparison
This section compares va-Q-tec AG's net assets metrics with peer companies in the Specialty Industrial Machinery industry.
Industry Context
- Industry: Specialty Industrial Machinery
- Average net assets among peers: $49,834,203,139
- Average return on equity (ROE) among peers: -24.25%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| va-Q-tec AG (VAQTF) | $44.66 Million | -3.20% | 2.32x | $8.84 Million |
| American Commerce Solutions Inc (AACS) | $554.04K | -209.75% | 2.35x | $38.47K |
| ATI Airtest Technologies Inc (AATGF) | $-3.05 Million | 0.00% | 0.00x | $2.79 Million |
| ABB Turbo Systems AG (ACLIF) | $302.90 Million | 33.41% | 2.98x | $4.32 Billion |
| Agfa-Gevaert NV (AFGVF) | $130.00 Million | -40.77% | 16.65x | $91.17 Million |
| Alphaform AG (AFRMF) | $9.59 Million | -32.38% | 1.09x | $691.72 |
| Airtificial Intelligence Structures S.A (AITLF) | $-8.71 Million | 0.00% | 0.00x | $53.18 Million |
| Alfa Laval AB (publ) (ALFVF) | $10.49 Billion | 35.97% | 1.77x | $13.09 Billion |
| Amada Co. Ltd (AMDLY) | $484.04 Billion | 5.74% | 0.27x | $3.72 Billion |
| Ametek Inc (AME) | $3.25 Billion | 18.15% | 1.05x | $49.22 Billion |
| American Superconductor Corporation (AMSC) | $125.12 Million | -52.85% | 0.73x | $1.42 Billion |