Adecco Group AG Class N (ADEN) - Net Assets
Based on the latest financial reports, Adecco Group AG Class N (ADEN) has net assets worth CHF3.39 Billion CHF as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CHF11.75 Billion) and total liabilities (CHF8.35 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 | CHF3.39 Billion |
| % of Total Assets | 28.89% |
| Annual Growth Rate | 10.39% |
| 5-Year Change | -10.7% |
| 10-Year Change | -8.83% |
| Growth Volatility | 126.66 |
Adecco Group AG Class N - Net Assets Trend (1994–2025)
This chart illustrates how Adecco Group AG Class N's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Adecco Group AG Class N (1994–2025)
The table below shows the annual net assets of Adecco Group AG Class N from 1994 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CHF3.39 Billion | -5.37% |
| 2024-12-31 | CHF3.59 Billion | -0.42% |
| 2023-12-31 | CHF3.60 Billion | -7.50% |
| 2022-12-31 | CHF3.89 Billion | +2.45% |
| 2021-12-31 | CHF3.80 Billion | +18.09% |
| 2020-12-31 | CHF3.22 Billion | -18.49% |
| 2019-12-31 | CHF3.95 Billion | +10.00% |
| 2018-12-31 | CHF3.59 Billion | +0.20% |
| 2017-12-31 | CHF3.58 Billion | -3.76% |
| 2016-12-31 | CHF3.72 Billion | +11.24% |
| 2015-12-31 | CHF3.35 Billion | -12.84% |
| 2014-12-31 | CHF3.84 Billion | +7.93% |
| 2013-12-31 | CHF3.56 Billion | -3.84% |
| 2012-12-31 | CHF3.70 Billion | -2.94% |
| 2011-12-31 | CHF3.81 Billion | +6.84% |
| 2010-12-31 | CHF3.57 Billion | +14.55% |
| 2009-12-31 | CHF3.11 Billion | +11.29% |
| 2008-12-31 | CHF2.80 Billion | -2.85% |
| 2007-12-31 | CHF2.88 Billion | +14.88% |
| 2006-12-31 | CHF2.51 Billion | +17.31% |
| 2005-12-31 | CHF2.14 Billion | +20.26% |
| 2004-12-31 | CHF1.78 Billion | +14.87% |
| 2003-12-31 | CHF1.55 Billion | +15.25% |
| 2002-12-31 | CHF1.34 Billion | +10.86% |
| 2001-12-31 | CHF1.21 Billion | -23.76% |
| 2000-12-31 | CHF1.59 Billion | +5.73% |
| 1999-12-31 | CHF1.50 Billion | +16.91% |
| 1998-12-31 | CHF1.28 Billion | +0.76% |
| 1997-12-31 | CHF1.28 Billion | -12.52% |
| 1996-12-31 | CHF1.46 Billion | +717.97% |
| 1995-12-31 | CHF178.19 Million | +12.37% |
| 1994-12-31 | CHF158.58 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Adecco Group AG Class N'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 338804792800.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CHF3.39 Billion | 100.06% |
| Common Stock | CHF10.99 Million | 0.32% |
| Other Comprehensive Income | CHF-553.57 Million | -16.36% |
| Other Components | CHF540.58 Million | 15.98% |
| Total Equity | CHF3.38 Billion | 100.00% |
Adecco Group AG Class N Competitors by Market Cap
The table below lists competitors of Adecco Group AG Class N ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Zhongfu Straits Pingtan Development Co Ltd
SHE:000592
|
$3.09 Billion |
|
Xiangyang Changyuan Donggu Industry Co Ltd
SHG:603950
|
$3.09 Billion |
|
Tata Elxsi Limited
NSE:TATAELXSI
|
$3.09 Billion |
|
Cellebrite DI
NASDAQ:CLBT
|
$3.10 Billion |
|
Air China Limited
F:AD2
|
$3.09 Billion |
|
Wesdome Gold Mines Ltd.
TO:WDO
|
$3.09 Billion |
|
Shenzhen Senior Technology Material Co Ltd
SHE:300568
|
$3.09 Billion |
|
CENTRUS ENERGY DL-10
F:4CU
|
$3.08 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Adecco Group AG Class N's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 3,576,000,000 to 3,383,355,058, a change of -192,644,942 (-5.4%).
- Net income of 294,914,050 contributed positively to equity growth.
- Dividend payments of 177,149,736 reduced retained earnings.
- Other comprehensive income decreased equity by 333,567,247.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CHF294.91 Million | +8.72% |
| Dividends Paid | CHF177.15 Million | -5.24% |
| Other Comprehensive Income | CHF-333.57 Million | -9.86% |
| Other Changes | CHF23.16 Million | +0.68% |
| Total Change | CHF- | -5.39% |
Book Value vs Market Value Analysis
This analysis compares Adecco Group AG Class N'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: 0.99x
- 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 9.57x to 0.99x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1994-12-31 | CHF2.08 | CHF19.91 | x |
| 1995-12-31 | CHF2.60 | CHF19.91 | x |
| 1996-12-31 | CHF10.89 | CHF19.91 | x |
| 1997-12-31 | CHF7.72 | CHF19.91 | x |
| 1998-12-31 | CHF7.66 | CHF19.91 | x |
| 1999-12-31 | CHF8.71 | CHF19.91 | x |
| 2000-12-31 | CHF8.60 | CHF19.91 | x |
| 2001-12-31 | CHF6.50 | CHF19.91 | x |
| 2002-12-31 | CHF6.94 | CHF19.91 | x |
| 2003-12-31 | CHF7.90 | CHF19.91 | x |
| 2004-12-31 | CHF8.81 | CHF19.91 | x |
| 2005-12-31 | CHF10.77 | CHF19.91 | x |
| 2006-12-31 | CHF12.55 | CHF19.91 | x |
| 2007-12-31 | CHF14.71 | CHF19.91 | x |
| 2008-12-31 | CHF15.11 | CHF19.91 | x |
| 2009-12-31 | CHF17.52 | CHF19.91 | x |
| 2010-12-31 | CHF18.23 | CHF19.91 | x |
| 2011-12-31 | CHF19.96 | CHF19.91 | x |
| 2012-12-31 | CHF19.60 | CHF19.91 | x |
| 2013-12-31 | CHF19.65 | CHF19.91 | x |
| 2014-12-31 | CHF21.72 | CHF19.91 | x |
| 2015-12-31 | CHF19.34 | CHF19.91 | x |
| 2016-12-31 | CHF21.79 | CHF19.91 | x |
| 2017-12-31 | CHF21.14 | CHF19.91 | x |
| 2018-12-31 | CHF21.61 | CHF19.91 | x |
| 2019-12-31 | CHF24.24 | CHF19.91 | x |
| 2020-12-31 | CHF19.81 | CHF19.91 | x |
| 2021-12-31 | CHF23.29 | CHF19.91 | x |
| 2022-12-31 | CHF23.23 | CHF19.91 | x |
| 2023-12-31 | CHF21.40 | CHF19.91 | x |
| 2024-12-31 | CHF21.24 | CHF19.91 | x |
| 2025-12-31 | CHF20.07 | CHF19.91 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Adecco Group AG Class N 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): 8.72%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.27%
- • Asset Turnover: 1.98x
- • Equity Multiplier: 3.47x
- Recent ROE (8.72%) is below the historical average (9.54%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1994 | 14.62% | 0.92% | 2.74x | 5.83x | CHF6.21 Million |
| 1995 | 25.00% | 2.50% | 2.33x | 4.29x | CHF26.70 Million |
| 1996 | -0.46% | -0.17% | 1.31x | 2.03x | CHF-147.80 Million |
| 1997 | -10.20% | -1.80% | 1.99x | 2.84x | CHF-256.54 Million |
| 1998 | -9.43% | -1.27% | 2.73x | 2.71x | CHF-249.01 Million |
| 1999 | -7.25% | -0.94% | 2.33x | 3.31x | CHF-258.67 Million |
| 2000 | -17.83% | -1.61% | 2.50x | 4.44x | CHF-439.89 Million |
| 2001 | -23.89% | -1.57% | 2.92x | 5.22x | CHF-409.47 Million |
| 2002 | 18.18% | 1.41% | 2.97x | 4.35x | CHF109.83 Million |
| 2003 | 19.72% | 1.88% | 2.58x | 4.08x | CHF150.30 Million |
| 2004 | 18.73% | 1.93% | 2.68x | 3.63x | CHF154.70 Million |
| 2005 | 21.40% | 2.48% | 2.68x | 3.23x | CHF241.30 Million |
| 2006 | 24.78% | 2.99% | 2.66x | 3.12x | CHF364.40 Million |
| 2007 | 25.58% | 3.49% | 2.56x | 2.87x | CHF447.70 Million |
| 2008 | 17.72% | 2.48% | 2.65x | 2.70x | CHF215.70 Million |
| 2009 | 0.26% | 0.05% | 1.89x | 2.52x | CHF-303.20 Million |
| 2010 | 11.87% | 2.27% | 2.10x | 2.49x | CHF66.50 Million |
| 2011 | 13.63% | 2.53% | 2.20x | 2.46x | CHF138.20 Million |
| 2012 | 10.20% | 1.84% | 2.14x | 2.60x | CHF7.40 Million |
| 2013 | 15.68% | 2.86% | 2.09x | 2.63x | CHF201.70 Million |
| 2014 | 16.64% | 3.19% | 2.12x | 2.46x | CHF254.50 Million |
| 2015 | 0.24% | 0.04% | 2.26x | 2.91x | CHF-326.00 Million |
| 2016 | 19.46% | 3.18% | 2.25x | 2.72x | CHF351.50 Million |
| 2017 | 22.05% | 3.33% | 2.39x | 2.77x | CHF430.60 Million |
| 2018 | 12.79% | 1.92% | 2.46x | 2.71x | CHF99.90 Million |
| 2019 | 18.45% | 3.10% | 2.22x | 2.68x | CHF333.00 Million |
| 2020 | -3.02% | -0.50% | 2.00x | 3.05x | CHF-417.90 Million |
| 2021 | 15.46% | 2.80% | 1.77x | 3.13x | CHF207.00 Million |
| 2022 | 8.81% | 1.45% | 1.78x | 3.42x | CHF-46.10 Million |
| 2023 | 9.04% | 1.36% | 1.93x | 3.46x | CHF-34.50 Million |
| 2024 | 8.47% | 1.31% | 1.91x | 3.38x | CHF-54.60 Million |
| 2025 | 8.72% | 1.27% | 1.98x | 3.47x | CHF-43.42 Million |
Industry Comparison
This section compares Adecco Group AG Class N's net assets metrics with peer companies in the Staffing & Employment Services industry.
No peer company data available for comparison.
About Adecco Group AG Class N
Adecco Group AG, together with its subsidiaries, provides human resource services to businesses and organizations in Europe, North America, the Asia Pacific, South America, and North Africa. It offers flexible placement, permanent placement, career transition and mobility, outsourcing, engineering consulting, digital and IT, talent advisory, coaching, training, up-skilling and re-skilling, and ot… Read more