BVZ Holding AG (BVZN) - Net Assets

Latest as of June 2025: CHF263.61 Million CHF ≈ $333.27 Million USD

Based on the latest financial reports, BVZ Holding AG (BVZN) has net assets worth CHF263.61 Million CHF (≈ $333.27 Million USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CHF699.73 Million ≈ $884.64 Million USD) and total liabilities (CHF436.12 Million ≈ $551.37 Million USD). 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. Check asset resilience ratio of BVZ Holding AG to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CHF263.61 Million
% of Total Assets	37.67%
Annual Growth Rate	6.35%
5-Year Change	40.22%
10-Year Change	83.05%
Growth Volatility	6.22

BVZ Holding AG - Net Assets Trend (2004–2024)

This chart illustrates how BVZ Holding AG's net assets have evolved over time, based on quarterly financial data. Also explore BVZ Holding AG (BVZN) total assets for the complete picture of this company's asset base.

Annual Net Assets for BVZ Holding AG (2004–2024)

The table below shows the annual net assets of BVZ Holding AG from 2004 to 2024. For live valuation and market cap data, see market value of BVZ Holding AG.

Year	Net Assets	Change
2024-12-31	CHF254.99 Million ≈ $322.37 Million	+8.47%
2023-12-31	CHF235.08 Million ≈ $297.20 Million	+12.75%
2022-12-31	CHF208.49 Million ≈ $263.59 Million	+12.36%
2021-12-31	CHF185.56 Million ≈ $234.60 Million	+2.04%
2020-12-31	CHF181.85 Million ≈ $229.91 Million	-5.67%
2019-12-31	CHF192.78 Million ≈ $243.72 Million	+10.93%
2018-12-31	CHF173.78 Million ≈ $219.71 Million	+11.26%
2017-12-31	CHF156.20 Million ≈ $197.48 Million	+7.08%
2016-12-31	CHF145.88 Million ≈ $184.43 Million	+4.72%
2015-12-31	CHF139.30 Million ≈ $176.11 Million	+4.30%
2014-12-31	CHF133.56 Million ≈ $168.86 Million	+4.96%
2013-12-31	CHF127.25 Million ≈ $160.88 Million	+3.34%
2012-12-31	CHF123.14 Million ≈ $155.68 Million	-1.50%
2011-12-31	CHF125.01 Million ≈ $158.05 Million	+2.76%
2010-12-31	CHF121.66 Million ≈ $153.81 Million	+13.33%
2009-12-31	CHF107.35 Million ≈ $135.71 Million	+3.49%
2008-12-31	CHF103.72 Million ≈ $131.13 Million	-3.15%
2007-12-31	CHF107.10 Million ≈ $135.40 Million	+5.52%
2006-12-31	CHF101.50 Million ≈ $128.32 Million	+13.36%
2005-12-31	CHF89.54 Million ≈ $113.20 Million	+20.35%
2004-12-31	CHF74.40 Million ≈ $94.06 Million	--

Equity Component Analysis

This analysis shows how different components contribute to BVZ Holding 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 9072.3% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Retained Earnings	CHF178.23 Million	76.35%
Common Stock	CHF19.73 Million	8.45%
Other Components	CHF35.48 Million	15.20%
Total Equity	CHF233.44 Million	100.00%

BVZ Holding AG Competitors by Market Cap

The table below lists competitors of BVZ Holding AG ranked by their market capitalization.

Company	Market Cap
HMS Bergbau AG XETRA:HMU	$207.16 Million
Kaltura Inc NASDAQ:KLTR	$207.16 Million
Triplepoint Venture Growth BDC Corp NYSE:TPVG	$207.31 Million
Avalue Technology TWO:3479	$207.33 Million
Humm Group Ltd AU:HUM	$206.99 Million
KIP Real Estate Investment Trust KLSE:5280	$206.99 Million
BENZ MINING CORP CDI/1 F:1VU0	$206.94 Million
Franklin Universal Closed Fund NYSE:FT	$206.84 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in BVZ Holding AG's equity between the two most recent reporting periods.

Equity Growth Insights

From 2023 to 2024, total equity changed from 214,905,141 to 233,437,829, a change of 18,532,688 (8.6%).
Net income of 21,583,538 contributed positively to equity growth.
Dividend payments of 3,156,448 reduced retained earnings.
Other comprehensive income decreased equity by 35,476,533.
Other factors increased equity by 35,582,131.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	CHF21.58 Million	+9.25%
Dividends Paid	CHF3.16 Million	-1.35%
Other Comprehensive Income	CHF-35.48 Million	-15.2%
Other Changes	CHF35.58 Million	+15.24%
Total Change	CHF-	8.62%

Book Value vs Market Value Analysis

This analysis compares BVZ Holding 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: 1.23x
The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
The price-to-book ratio has decreased from 3.87x to 1.23x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2004-12-31	CHF377.13	CHF1460.00	x
2005-12-31	CHF453.87	CHF1460.00	x
2006-12-31	CHF514.49	CHF1460.00	x
2007-12-31	CHF482.15	CHF1460.00	x
2008-12-31	CHF465.82	CHF1460.00	x
2009-12-31	CHF484.60	CHF1460.00	x
2010-12-31	CHF557.15	CHF1460.00	x
2011-12-31	CHF579.01	CHF1460.00	x
2012-12-31	CHF569.84	CHF1460.00	x
2013-12-31	CHF590.54	CHF1460.00	x
2014-12-31	CHF622.65	CHF1460.00	x
2015-12-31	CHF647.52	CHF1460.00	x
2016-12-31	CHF680.18	CHF1460.00	x
2017-12-31	CHF730.90	CHF1460.00	x
2018-12-31	CHF812.13	CHF1460.00	x
2019-12-31	CHF899.32	CHF1460.00	x
2020-12-31	CHF851.78	CHF1460.00	x
2021-12-31	CHF869.95	CHF1460.00	x
2022-12-31	CHF971.28	CHF1460.00	x
2023-12-31	CHF1089.38	CHF1460.00	x
2024-12-31	CHF1183.33	CHF1460.00	x

Capital Efficiency Dashboard

This dashboard shows how efficiently BVZ Holding 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): 9.25%
The company has moderate efficiency in generating returns from equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 12.74%
• Asset Turnover: 0.24x
• Equity Multiplier: 3.00x
Recent ROE (9.25%) is above the historical average (6.45%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2004	2.61%	1.97%	0.48x	2.76x	CHF-5.50 Million
2005	3.83%	3.08%	0.39x	3.23x	CHF-5.52 Million
2006	4.93%	4.23%	0.38x	3.04x	CHF-5.15 Million
2007	5.59%	4.42%	0.38x	3.33x	CHF-4.19 Million
2008	6.48%	4.72%	0.39x	3.53x	CHF-3.24 Million
2009	7.82%	5.95%	0.41x	3.21x	CHF-2.09 Million
2010	8.38%	7.44%	0.41x	2.72x	CHF-1.78 Million
2011	4.00%	3.57%	0.44x	2.57x	CHF-6.80 Million
2012	4.09%	4.73%	0.25x	3.42x	CHF-6.59 Million
2013	5.53%	6.47%	0.26x	3.27x	CHF-5.16 Million
2014	7.88%	7.07%	0.36x	3.08x	CHF-2.58 Million
2015	6.12%	5.64%	0.37x	2.90x	CHF-4.95 Million
2016	6.50%	6.27%	0.37x	2.77x	CHF-4.69 Million
2017	8.64%	8.31%	0.41x	2.56x	CHF-1.97 Million
2018	11.58%	11.34%	0.43x	2.36x	CHF2.53 Million
2019	11.25%	11.26%	0.44x	2.27x	CHF2.23 Million
2020	-4.18%	-5.80%	0.30x	2.40x	CHF-23.83 Million
2021	2.09%	2.58%	0.31x	2.58x	CHF-13.57 Million
2022	10.75%	11.62%	0.31x	2.95x	CHF1.43 Million
2023	12.22%	13.17%	0.29x	3.22x	CHF4.77 Million
2024	9.25%	12.74%	0.24x	3.00x	CHF-1.76 Million

Industry Comparison

This section compares BVZ Holding AG's net assets metrics with peer companies in the Railroads industry.

Industry Context

Industry: Railroads
Average net assets among peers: $700,237,500
Average return on equity (ROE) among peers: 6.56%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
BVZ Holding AG (BVZN)	CHF263.61 Million	2.61%	1.65x	$207.14 Million
Jungfraubahn Holding AG (JFN)	$596.97 Million	-1.55%	0.37x	$1.70 Billion
Stadler Rail AG (SRAIL)	$803.50 Million	14.66%	2.59x	$1.90 Billion

About BVZ Holding AG

SW:BVZN Switzerland Railroads

Market Cap

$364.14 Million

CHF288.03 Million CHF

Market Cap Rank

#16401 Global

#170 in Switzerland

Share Price

CHF1460.00

Change (1 day)

+0.00%

52-Week Range

CHF945.00 - CHF1570.00

All Time High

CHF1570.00