Voestalpine AG
Voestalpine AG processes, develops, manufactures, and sells steel products in Austria, European Union, and internationally. It operates through five divisions: Steel Division, High Performance Metals Division, Metal Engineering Division, Metal Forming Division, and Holding & Group Services. The Steel division produces hot and cold-rolled steel strips, as well as electrogalvanized, hot-dip galvani… Read more
Voestalpine AG (VLPNF) - Net Assets
Latest net assets as of December 2025: $7.61 Billion USD
Based on the latest financial reports, Voestalpine AG (VLPNF) has net assets worth $7.61 Billion USD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($15.22 Billion) and total liabilities ($7.61 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 | $7.61 Billion |
| % of Total Assets | 50.02% |
| Annual Growth Rate | 6.48% |
| 5-Year Change | 32.12% |
| 10-Year Change | 44.84% |
| Growth Volatility | 12.41 |
Voestalpine AG - Net Assets Trend (2005–2025)
This chart illustrates how Voestalpine 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 Voestalpine AG (2005–2025)
The table below shows the annual net assets of Voestalpine AG from 2005 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | $7.46 Billion | -0.47% |
| 2024-03-31 | $7.50 Billion | -3.47% |
| 2023-03-31 | $7.77 Billion | +9.90% |
| 2022-03-31 | $7.07 Billion | +25.12% |
| 2021-03-31 | $5.65 Billion | +0.62% |
| 2020-03-31 | $5.61 Billion | -9.61% |
| 2019-03-31 | $6.21 Billion | +2.57% |
| 2018-03-31 | $6.06 Billion | +8.88% |
| 2017-03-31 | $5.56 Billion | +7.93% |
| 2016-03-31 | $5.15 Billion | +0.76% |
| 2015-03-31 | $5.12 Billion | -2.99% |
| 2014-03-31 | $5.27 Billion | +3.88% |
| 2013-03-31 | $5.08 Billion | +4.95% |
| 2012-03-31 | $4.84 Billion | +3.09% |
| 2011-03-31 | $4.69 Billion | +10.06% |
| 2010-03-31 | $4.26 Billion | 0.00% |
| 2009-03-31 | $4.26 Billion | -0.62% |
| 2008-03-31 | $4.29 Billion | +48.82% |
| 2007-03-31 | $2.88 Billion | +13.15% |
| 2006-03-31 | $2.55 Billion | +19.89% |
| 2005-03-31 | $2.12 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Voestalpine 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 380.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $6.66 Billion | 92.18% |
| Common Stock | $324.30 Million | 4.49% |
| Other Components | $240.90 Million | 3.33% |
| Total Equity | $7.22 Billion | 100.00% |
Voestalpine AG Competitors by Market Cap
The table below lists competitors of Voestalpine AG ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Changchun High & New Technology Industries Group Inc
SHE:000661
|
$3.47 Billion |
|
CALIFORNA RESOURC. DL-01
F:1CLD
|
$3.47 Billion |
|
Waystar Holding Corp. Common Stock
NASDAQ:WAY
|
$3.47 Billion |
|
Santen Pharmaceutical Co. Ltd
PINK:SNPHF
|
$3.47 Billion |
|
Shandong Intco Medical Products Co Ltd
SHE:300677
|
$3.47 Billion |
|
DoorDash, Inc.
SA:D2AS34
|
$3.47 Billion |
|
Kyowa Kirin Co. Ltd
PINK:KYKOF
|
$3.46 Billion |
|
The Siam Cement Public Company Limited
PINK:SCVPF
|
$3.46 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Voestalpine AG's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 7,188,400,000 to 7,224,800,000, a change of 36,400,000 (0.5%).
- Net income of 153,500,000 contributed positively to equity growth.
- Dividend payments of 120,000,000 reduced retained earnings.
- Other comprehensive income decreased equity by 492,400,000.
- Other factors increased equity by 495,300,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $153.50 Million | +2.12% |
| Dividends Paid | $120.00 Million | -1.66% |
| Other Comprehensive Income | $-492.40 Million | -6.82% |
| Other Changes | $495.30 Million | +6.86% |
| Total Change | $- | 0.51% |
Book Value vs Market Value Analysis
This analysis compares Voestalpine 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: 0.57x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 1.82x to 0.57x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-03-31 | $13.14 | $23.89 | x |
| 2006-03-31 | $15.73 | $23.89 | x |
| 2007-03-31 | $16.54 | $23.89 | x |
| 2008-03-31 | $24.66 | $23.89 | x |
| 2009-03-31 | $25.56 | $23.89 | x |
| 2010-03-31 | $25.01 | $23.89 | x |
| 2011-03-31 | $27.40 | $23.89 | x |
| 2012-03-31 | $28.25 | $23.89 | x |
| 2013-03-31 | $29.36 | $23.89 | x |
| 2014-03-31 | $30.21 | $23.89 | x |
| 2015-03-31 | $29.29 | $23.89 | x |
| 2016-03-31 | $28.43 | $23.89 | x |
| 2017-03-31 | $30.82 | $23.89 | x |
| 2018-03-31 | $33.39 | $23.89 | x |
| 2019-03-31 | $34.22 | $23.89 | x |
| 2020-03-31 | $30.69 | $23.89 | x |
| 2021-03-31 | $30.95 | $23.89 | x |
| 2022-03-31 | $38.73 | $23.89 | x |
| 2023-03-31 | $42.47 | $23.89 | x |
| 2024-03-31 | $41.91 | $23.89 | x |
| 2025-03-31 | $42.14 | $23.89 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Voestalpine 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): 2.12%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.97%
- • Asset Turnover: 1.00x
- • Equity Multiplier: 2.18x
- Recent ROE (2.12%) is below the historical average (10.39%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 15.56% | 5.59% | 1.08x | 2.59x | $115.40 Million |
| 2006 | 20.89% | 8.34% | 1.01x | 2.48x | $270.85 Million |
| 2007 | 26.77% | 10.91% | 1.02x | 2.41x | $474.51 Million |
| 2008 | 17.80% | 6.85% | 0.83x | 3.12x | $314.69 Million |
| 2009 | 12.66% | 4.52% | 0.91x | 3.07x | $111.25 Million |
| 2010 | 2.59% | 1.27% | 0.70x | 2.93x | $-310.56 Million |
| 2011 | 11.10% | 4.68% | 0.84x | 2.83x | $50.97 Million |
| 2012 | 8.51% | 3.36% | 0.96x | 2.65x | $-71.07 Million |
| 2013 | 8.88% | 3.86% | 0.88x | 2.61x | $-55.99 Million |
| 2014 | 8.57% | 4.03% | 0.88x | 2.41x | $-74.36 Million |
| 2015 | 10.87% | 4.91% | 0.85x | 2.61x | $44.04 Million |
| 2016 | 11.77% | 5.29% | 0.79x | 2.82x | $87.95 Million |
| 2017 | 9.21% | 4.40% | 0.77x | 2.73x | $-42.62 Million |
| 2018 | 13.17% | 6.01% | 0.83x | 2.62x | $186.42 Million |
| 2019 | 6.76% | 3.01% | 0.87x | 2.59x | $-196.11 Million |
| 2020 | -4.05% | -1.75% | 0.82x | 2.83x | $-769.82 Million |
| 2021 | 0.76% | 0.39% | 0.71x | 2.79x | $-510.36 Million |
| 2022 | 18.79% | 8.71% | 0.85x | 2.55x | $608.13 Million |
| 2023 | 14.14% | 5.84% | 1.03x | 2.35x | $311.71 Million |
| 2024 | 1.40% | 0.60% | 1.01x | 2.30x | $-618.04 Million |
| 2025 | 2.12% | 0.97% | 1.00x | 2.18x | $-568.98 Million |
Industry Comparison
This section compares Voestalpine AG's net assets metrics with peer companies in the Steel industry.
Industry Context
- Industry: Steel
- Average net assets among peers: $10,879,360,340
- Average return on equity (ROE) among peers: 3.47%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Voestalpine AG (VLPNF) | $7.61 Billion | 15.56% | 1.00x | $3.47 Billion |
| Acerinox S.A. (ACRXF) | $1.93 Billion | -3.09% | 1.28x | $1.71 Billion |
| ArcelorMittal SA (AMSYF) | $11.98 Billion | 27.55% | 1.59x | $12.85 Billion |
| Angang Steel Company Limited (ANGGF) | $50.39 Billion | 11.12% | 0.77x | $641.51 Million |
| Aperam PK (APEMY) | $3.79 Billion | 7.21% | 0.73x | $1.17 Billion |
| Aperam SA (APMSF) | $2.52 Billion | 11.35% | 0.72x | $1.31 Billion |
| ArcelorMittal South Africa Ltd (ARCXF) | $28.00 Billion | 33.51% | 0.34x | $14.02 Million |
| Algoma Steel Group Inc (ASTL) | $173.80 Million | -92.29% | 7.94x | $280.31 Million |
| Algoma Steel Group Inc. Warrant (ASTLW) | $-530.90 Million | 0.00% | 0.00x | $6.74 Million |
| BCI Minerals Limited (BIRNF) | $103.61 Million | 12.45% | 0.26x | $227.67 Million |
| BlueScope Steel Limited (BLSFF) | $10.45 Billion | 26.90% | 0.59x | $5.72 Billion |