Flatex AG
Flatex AG operates in various business sectors.
Flatex AG (FTK) - Net Assets
Latest net assets as of June 2024: €728.71 Million EUR
Based on the latest financial reports, Flatex AG (FTK) has net assets worth €728.71 Million EUR as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€4.68 Billion) and total liabilities (€3.95 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 | €728.71 Million |
| % of Total Assets | 15.58% |
| Annual Growth Rate | 32.14% |
| 5-Year Change | 269.71% |
| 10-Year Change | N/A |
| Growth Volatility | 52.71 |
Flatex AG - Net Assets Trend (2018–2023)
This chart illustrates how Flatex 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 Flatex AG (2018–2023)
The table below shows the annual net assets of Flatex AG from 2018 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 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 | +8.96% |
| 2018-12-31 | €167.22 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Flatex 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 614.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €332.66 Million | 49.38% |
| Other Components | €340.96 Million | 50.62% |
| Total Equity | €673.62 Million | 100.00% |
Flatex AG Competitors by Market Cap
The table below lists competitors of Flatex AG ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
EPR-P-E
NYSE:EPR-P-E
|
$311.20K |
|
iQ International AG
F:IQL
|
$311.41K |
|
Kovo Healthtech Corp
V:KOVO
|
$311.64K |
|
Bastion Minerals Limited
F:J57
|
$311.64K |
|
Blockchain Industries Inc
PINK:BCII
|
$310.61K |
|
Österreichische Post AG
MU:O3P
|
$310.45K |
|
Österreichische Post AG
DU:O3P
|
$310.44K |
|
THOR Financial Technologies Trust
NYSE:THIR
|
$310.42K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Flatex AG's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 607,620,000 to 673,624,000, a change of 66,004,000 (10.9%).
- Net income of 71,859,000 contributed positively to equity growth.
- New share issuances of 320,000 increased equity.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €71.86 Million | +10.67% |
| Share Issuances | €320.00K | +0.05% |
| Other Changes | €-6.17 Million | -0.92% |
| Total Change | €- | 10.86% |
Book Value vs Market Value Analysis
This analysis compares Flatex 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: 5.33x
- 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 decreased from 14.66x to 5.33x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-12-31 | €2.22 | €32.62 | x |
| 2019-12-31 | €2.32 | €32.62 | x |
| 2020-12-31 | €4.08 | €32.62 | x |
| 2021-12-31 | €4.54 | €32.62 | x |
| 2022-12-31 | €5.53 | €32.62 | x |
| 2023-12-31 | €6.12 | €32.62 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Flatex 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): 10.67%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 19.35%
- • Asset Turnover: 0.08x
- • Equity Multiplier: 6.74x
- Recent ROE (10.67%) is below the historical average (11.75%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | 12.62% | 16.82% | 0.10x | 7.36x | €4.37 Million |
| 2019 | 8.19% | 11.28% | 0.10x | 6.97x | €-3.28 Million |
| 2020 | 11.21% | 20.43% | 0.09x | 6.33x | €5.38 Million |
| 2021 | 10.33% | 12.92% | 0.11x | 7.40x | €1.66 Million |
| 2022 | 17.46% | 30.86% | 0.08x | 6.74x | €45.31 Million |
| 2023 | 10.67% | 19.35% | 0.08x | 6.74x | €4.50 Million |
Industry Comparison
This section compares Flatex AG's net assets metrics with peer companies in the same industry.
No peer company data available for comparison.