APG SGA SA
APG|SGA SA provides advertising services primarily in Switzerland and Serbia. The company offers its products in various formats, including F4, F12, F200, and F24 classic analog poster formats; bigposter; roofstrip bus and tram; eboard; epanel; windowsdecal; fullwrap bus, tram and locomotive; fullrearwrap; hangingdisplay; hangingdisplay with dispenser; megaposter; mobile targeting; mountain scree… Read more
APG SGA SA (APGN) - Net Assets
Latest net assets as of June 2025: CHF58.35 Million CHF
Based on the latest financial reports, APG SGA SA (APGN) has net assets worth CHF58.35 Million CHF as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CHF151.36 Million) and total liabilities (CHF93.01 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 | CHF58.35 Million |
| % of Total Assets | 38.55% |
| Annual Growth Rate | -4.19% |
| 5-Year Change | -8.49% |
| 10-Year Change | -41.74% |
| Growth Volatility | 18.48 |
APG SGA SA - Net Assets Trend (2002–2024)
This chart illustrates how APG SGA SA's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for APG SGA SA (2002–2024)
The table below shows the annual net assets of APG SGA SA from 2002 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CHF81.82 Million | -2.43% |
| 2023-12-31 | CHF83.86 Million | -8.07% |
| 2022-12-31 | CHF91.22 Million | -10.32% |
| 2021-12-31 | CHF101.73 Million | +13.78% |
| 2020-12-31 | CHF89.41 Million | +15.90% |
| 2019-12-31 | CHF77.14 Million | -19.82% |
| 2018-12-31 | CHF96.21 Million | -20.03% |
| 2017-12-31 | CHF120.32 Million | -15.13% |
| 2016-12-31 | CHF141.77 Million | +0.94% |
| 2015-12-31 | CHF140.45 Million | -7.66% |
| 2014-12-31 | CHF152.09 Million | +20.25% |
| 2013-12-31 | CHF126.48 Million | +18.15% |
| 2012-12-31 | CHF107.05 Million | -15.38% |
| 2011-12-31 | CHF126.51 Million | +25.35% |
| 2010-12-31 | CHF100.92 Million | -39.63% |
| 2009-12-31 | CHF167.17 Million | -28.34% |
| 2008-12-31 | CHF233.27 Million | -27.33% |
| 2007-12-31 | CHF321.00 Million | +33.48% |
| 2006-12-31 | CHF240.48 Million | +7.98% |
| 2005-12-31 | CHF222.71 Million | +0.96% |
| 2004-12-31 | CHF220.60 Million | +2.69% |
| 2003-12-31 | CHF214.82 Million | +2.46% |
| 2002-12-31 | CHF209.66 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to APG SGA SA'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 192.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CHF66.59 Million | 81.39% |
| Common Stock | CHF7.80 Million | 9.53% |
| Other Comprehensive Income | CHF-5.12 Million | -6.25% |
| Other Components | CHF12.54 Million | 15.33% |
| Total Equity | CHF81.82 Million | 100.00% |
APG SGA SA Competitors by Market Cap
The table below lists competitors of APG SGA SA ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Takara Bio Inc
F:TF2
|
$278.76 Million |
|
Primis Financial Corp
NASDAQ:FRST
|
$278.81 Million |
|
Timberland Bancorp Inc
NASDAQ:TSBK
|
$278.82 Million |
|
Shouyao Holdings (Beijing) Co. Ltd. A
SHG:688197
|
$278.86 Million |
|
Hunan Resun Co Ltd
SHE:001218
|
$278.75 Million |
|
ASRock Inc
TW:3515
|
$278.75 Million |
|
Jiangsu Holly Corp
SHG:600128
|
$278.62 Million |
|
Tanla Platforms Limited
NSE:TANLA
|
$278.61 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in APG SGA SA's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 83,858,000 to 81,820,000, a change of -2,038,000 (-2.4%).
- Net income of 30,275,000 contributed positively to equity growth.
- Dividend payments of 32,949,000 reduced retained earnings.
- Share repurchases of 158,000 reduced equity.
- New share issuances of 537,000 increased equity.
- Other comprehensive income increased equity by 258,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CHF30.27 Million | +37.0% |
| Dividends Paid | CHF32.95 Million | -40.27% |
| Share Repurchases | CHF158.00K | -0.19% |
| Share Issuances | CHF537.00K | +0.66% |
| Other Comprehensive Income | CHF258.00K | +0.32% |
| Other Changes | CHF-1.00K | -0.0% |
| Total Change | CHF- | -2.43% |
Book Value vs Market Value Analysis
This analysis compares APG SGA SA'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: 7.65x
- 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 3.09x to 7.65x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2002-12-31 | CHF67.69 | CHF209.00 | x |
| 2003-12-31 | CHF69.28 | CHF209.00 | x |
| 2004-12-31 | CHF73.51 | CHF209.00 | x |
| 2005-12-31 | CHF73.64 | CHF209.00 | x |
| 2006-12-31 | CHF78.97 | CHF209.00 | x |
| 2007-12-31 | CHF103.65 | CHF209.00 | x |
| 2008-12-31 | CHF75.16 | CHF209.00 | x |
| 2009-12-31 | CHF55.44 | CHF209.00 | x |
| 2010-12-31 | CHF33.99 | CHF209.00 | x |
| 2011-12-31 | CHF42.12 | CHF209.00 | x |
| 2012-12-31 | CHF35.21 | CHF209.00 | x |
| 2013-12-31 | CHF41.90 | CHF209.00 | x |
| 2014-12-31 | CHF50.98 | CHF209.00 | x |
| 2015-12-31 | CHF46.85 | CHF209.00 | x |
| 2016-12-31 | CHF47.27 | CHF209.00 | x |
| 2017-12-31 | CHF40.13 | CHF209.00 | x |
| 2018-12-31 | CHF32.11 | CHF209.00 | x |
| 2019-12-31 | CHF25.73 | CHF209.00 | x |
| 2020-12-31 | CHF29.84 | CHF209.00 | x |
| 2021-12-31 | CHF33.98 | CHF209.00 | x |
| 2022-12-31 | CHF30.45 | CHF209.00 | x |
| 2023-12-31 | CHF28.00 | CHF209.00 | x |
| 2024-12-31 | CHF27.30 | CHF209.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently APG SGA SA 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): 37.00%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 9.26%
- • Asset Turnover: 1.69x
- • Equity Multiplier: 2.36x
- Recent ROE (37.00%) is above the historical average (22.28%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 11.89% | 7.95% | 1.04x | 1.44x | CHF3.84 Million |
| 2003 | 9.79% | 6.92% | 0.97x | 1.46x | CHF-436.00K |
| 2004 | 10.22% | 7.20% | 0.95x | 1.49x | CHF476.20K |
| 2005 | 11.21% | 8.04% | 0.86x | 1.62x | CHF2.59 Million |
| 2006 | 13.85% | 9.94% | 0.75x | 1.85x | CHF8.87 Million |
| 2007 | 20.48% | 16.04% | 0.70x | 1.82x | CHF31.72 Million |
| 2008 | 14.94% | 7.26% | 0.80x | 2.57x | CHF10.91 Million |
| 2009 | -37.80% | -18.25% | 0.87x | 2.39x | CHF-78.99 Million |
| 2010 | -52.85% | -17.20% | 1.11x | 2.76x | CHF-62.70 Million |
| 2011 | 34.75% | 13.68% | 1.01x | 2.52x | CHF30.61 Million |
| 2012 | 48.38% | 15.77% | 1.11x | 2.78x | CHF39.73 Million |
| 2013 | 38.64% | 15.57% | 1.17x | 2.12x | CHF35.36 Million |
| 2014 | 34.00% | 16.51% | 1.09x | 1.89x | CHF36.51 Million |
| 2015 | 37.94% | 16.91% | 1.17x | 1.92x | CHF39.24 Million |
| 2016 | 49.75% | 22.23% | 1.16x | 1.93x | CHF56.35 Million |
| 2017 | 42.16% | 16.78% | 1.28x | 1.97x | CHF38.69 Million |
| 2018 | 49.03% | 15.53% | 1.51x | 2.10x | CHF37.55 Million |
| 2019 | 54.23% | 13.13% | 1.65x | 2.50x | CHF34.12 Million |
| 2020 | 14.81% | 5.06% | 1.28x | 2.30x | CHF4.30 Million |
| 2021 | 12.45% | 4.76% | 1.23x | 2.12x | CHF2.49 Million |
| 2022 | 25.64% | 7.53% | 1.64x | 2.08x | CHF14.27 Million |
| 2023 | 31.98% | 8.23% | 1.70x | 2.28x | CHF18.43 Million |
| 2024 | 37.00% | 9.26% | 1.69x | 2.36x | CHF22.09 Million |
Industry Comparison
This section compares APG SGA SA's net assets metrics with peer companies in the Advertising Agencies industry.
Industry Context
- Industry: Advertising Agencies
- Average net assets among peers: $184,892,000
- Average return on equity (ROE) among peers: 24.71%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| APG SGA SA (APGN) | CHF58.35 Million | 11.89% | 1.59x | $278.75 Million |
| MCH Group AG (MCHN) | $184.89 Million | 24.71% | 1.90x | $26.19 Million |