Vetropack Holding SA
Vetropack Holding AG, together with its subsidiaries, provides glass packaging products for the food and beverage industry. The company offers lightweight glass bottles and wide-neck jars. It serves food, pharmaceutical, and cosmetics industries. The company operates in Switzerland, Austria, the Czech Republic, Croatia, Slovakia, Ukraine, Italy, Romania, and the Republic of Moldova. Vetropack Hol… Read more
Vetropack Holding SA (VETN) - Net Assets
Latest net assets as of June 2025: CHF741.00 Million CHF
Based on the latest financial reports, Vetropack Holding SA (VETN) has net assets worth CHF741.00 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 (CHF1.23 Billion) and total liabilities (CHF488.30 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 | CHF741.00 Million |
| % of Total Assets | 60.28% |
| Annual Growth Rate | 5.23% |
| 5-Year Change | -0.71% |
| 10-Year Change | 29.9% |
| Growth Volatility | 8.14 |
Vetropack Holding SA - Net Assets Trend (2002–2024)
This chart illustrates how Vetropack Holding 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 Vetropack Holding SA (2002–2024)
The table below shows the annual net assets of Vetropack Holding SA from 2002 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CHF758.20 Million | +1.00% |
| 2023-12-31 | CHF750.70 Million | +0.19% |
| 2022-12-31 | CHF749.30 Million | -3.25% |
| 2021-12-31 | CHF774.50 Million | +1.43% |
| 2020-12-31 | CHF763.60 Million | +2.03% |
| 2019-12-31 | CHF748.40 Million | +5.17% |
| 2018-12-31 | CHF711.60 Million | +3.39% |
| 2017-12-31 | CHF688.30 Million | +13.69% |
| 2016-12-31 | CHF605.40 Million | +3.72% |
| 2015-12-31 | CHF583.70 Million | -7.76% |
| 2014-12-31 | CHF632.80 Million | -1.53% |
| 2013-12-31 | CHF642.60 Million | +0.71% |
| 2012-12-31 | CHF638.10 Million | +12.12% |
| 2011-12-31 | CHF569.10 Million | +4.14% |
| 2010-12-31 | CHF546.50 Million | -6.24% |
| 2009-12-31 | CHF582.90 Million | +9.57% |
| 2008-12-31 | CHF532.00 Million | +3.50% |
| 2007-12-31 | CHF514.00 Million | +25.73% |
| 2006-12-31 | CHF408.80 Million | +5.17% |
| 2005-12-31 | CHF388.70 Million | +18.22% |
| 2004-12-31 | CHF328.79 Million | +12.92% |
| 2003-12-31 | CHF291.16 Million | +17.81% |
| 2002-12-31 | CHF247.14 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Vetropack Holding 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 3816.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CHF1.00 Billion | 132.01% |
| Common Stock | CHF19.80 Million | 2.61% |
| Other Comprehensive Income | CHF-262.50 Million | -34.62% |
| Total Equity | CHF758.20 Million | 100.00% |
Vetropack Holding SA Competitors by Market Cap
The table below lists competitors of Vetropack Holding SA ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Central Bank of India
NSE:CENTRALBK
|
$275.77 Million |
|
BEH Property Co Ltd
SHG:600791
|
$275.84 Million |
|
Greentown Management Holdings Company Limited
PINK:GRMHF
|
$276.06 Million |
|
Kempower Oyj
HE:KEMPOWR
|
$276.12 Million |
|
Waterstone Financial Inc
NASDAQ:WSBF
|
$275.73 Million |
|
Xinjiang Zhundong Petroleum
SHE:002207
|
$275.58 Million |
|
Meeka Metals Ltd
AU:MEK
|
$275.54 Million |
|
Fenix Outdoor International AG
PINK:FNXTF
|
$275.50 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Vetropack Holding SA's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 750,700,000 to 758,200,000, a change of 7,500,000 (1.0%).
- Net income of 13,700,000 contributed positively to equity growth.
- Dividend payments of 19,800,000 reduced retained earnings.
- Other comprehensive income decreased equity by 262,800,000.
- Other factors increased equity by 276,400,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CHF13.70 Million | +1.81% |
| Dividends Paid | CHF19.80 Million | -2.61% |
| Other Comprehensive Income | CHF-262.80 Million | -34.66% |
| Other Changes | CHF276.40 Million | +36.45% |
| Total Change | CHF- | 1.00% |
Book Value vs Market Value Analysis
This analysis compares Vetropack Holding 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: 1.06x
- 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 1.62x to 1.06x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2002-12-31 | CHF12.45 | CHF20.20 | x |
| 2003-12-31 | CHF23.13 | CHF20.20 | x |
| 2004-12-31 | CHF26.13 | CHF20.20 | x |
| 2005-12-31 | CHF30.92 | CHF20.20 | x |
| 2006-12-31 | CHF20.13 | CHF20.20 | x |
| 2007-12-31 | CHF25.46 | CHF20.20 | x |
| 2008-12-31 | CHF26.80 | CHF20.20 | x |
| 2009-12-31 | CHF29.35 | CHF20.20 | x |
| 2010-12-31 | CHF27.47 | CHF20.20 | x |
| 2011-12-31 | CHF28.55 | CHF20.20 | x |
| 2012-12-31 | CHF30.92 | CHF20.20 | x |
| 2013-12-31 | CHF70.65 | CHF20.20 | x |
| 2014-12-31 | CHF31.87 | CHF20.20 | x |
| 2015-12-31 | CHF29.45 | CHF20.20 | x |
| 2016-12-31 | CHF30.53 | CHF20.20 | x |
| 2017-12-31 | CHF34.70 | CHF20.20 | x |
| 2018-12-31 | CHF35.77 | CHF20.20 | x |
| 2019-12-31 | CHF18.88 | CHF20.20 | x |
| 2020-12-31 | CHF19.15 | CHF20.20 | x |
| 2021-12-31 | CHF19.42 | CHF20.20 | x |
| 2022-12-31 | CHF18.90 | CHF20.20 | x |
| 2023-12-31 | CHF37.87 | CHF20.20 | x |
| 2024-12-31 | CHF19.12 | CHF20.20 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Vetropack Holding 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): 1.81%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.63%
- • Asset Turnover: 0.68x
- • Equity Multiplier: 1.63x
- Recent ROE (1.81%) is below the historical average (10.06%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 10.35% | 0.00% | 0.00x | 2.07x | CHF867.10K |
| 2003 | 13.37% | 0.00% | 0.00x | 1.89x | CHF9.79 Million |
| 2004 | 12.71% | 9.37% | 0.79x | 1.72x | CHF8.89 Million |
| 2005 | 13.09% | 10.69% | 0.76x | 1.61x | CHF12.03 Million |
| 2006 | 10.82% | 7.90% | 0.73x | 1.88x | CHF3.29 Million |
| 2007 | 19.99% | 15.47% | 0.76x | 1.70x | CHF50.42 Million |
| 2008 | 14.78% | 11.25% | 0.87x | 1.51x | CHF25.38 Million |
| 2009 | 13.46% | 12.47% | 0.78x | 1.38x | CHF20.12 Million |
| 2010 | 7.33% | 6.60% | 0.85x | 1.31x | CHF-14.55 Million |
| 2011 | 10.66% | 10.99% | 0.72x | 1.35x | CHF3.71 Million |
| 2012 | 13.19% | 13.83% | 0.78x | 1.22x | CHF20.24 Million |
| 2013 | 8.85% | 9.64% | 0.74x | 1.25x | CHF-7.33 Million |
| 2014 | 7.79% | 8.16% | 0.76x | 1.25x | CHF-13.98 Million |
| 2015 | 7.21% | 7.49% | 0.72x | 1.34x | CHF-16.28 Million |
| 2016 | 7.04% | 7.02% | 0.72x | 1.39x | CHF-17.93 Million |
| 2017 | 8.29% | 8.96% | 0.68x | 1.36x | CHF-11.78 Million |
| 2018 | 8.19% | 8.34% | 0.74x | 1.34x | CHF-12.82 Million |
| 2019 | 9.67% | 10.13% | 0.75x | 1.27x | CHF-2.44 Million |
| 2020 | 10.63% | 12.25% | 0.67x | 1.30x | CHF4.84 Million |
| 2021 | 8.24% | 7.81% | 0.78x | 1.35x | CHF-13.65 Million |
| 2022 | 5.43% | 4.53% | 0.73x | 1.65x | CHF-34.23 Million |
| 2023 | 8.43% | 7.04% | 0.71x | 1.68x | CHF-11.77 Million |
| 2024 | 1.81% | 1.63% | 0.68x | 1.63x | CHF-62.12 Million |
Industry Comparison
This section compares Vetropack Holding SA's net assets metrics with peer companies in the Packaging & Containers industry.
Industry Context
- Industry: Packaging & Containers
- Average net assets among peers: $192,394,000
- Average return on equity (ROE) among peers: 2.15%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Vetropack Holding SA (VETN) | CHF741.00 Million | 10.35% | 0.66x | $275.76 Million |
| Aluflexpack AG (AFP) | $192.39 Million | 2.15% | 1.33x | $129.91 Million |