VERBUND AG (VER) - Net Assets

Latest as of December 2025: €11.33 Billion EUR ≈ $13.25 Billion USD

Based on the latest financial reports, VERBUND AG (VER) has net assets worth €11.33 Billion EUR (≈ $13.25 Billion USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€18.61 Billion ≈ $21.76 Billion USD) and total liabilities (€7.28 Billion ≈ $8.51 Billion 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 VERBUND AG (VER) tangible net worth to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	€11.33 Billion
% of Total Assets	60.89%
Annual Growth Rate	9.15%
5-Year Change	78.08%
10-Year Change	104.92%
Growth Volatility	12.88

VERBUND AG - Net Assets Trend (2005–2025)

This chart illustrates how VERBUND AG's net assets have evolved over time, based on quarterly financial data. See VER days of operational coverage to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for VERBUND AG (2005–2025)

The table below shows the annual net assets of VERBUND AG from 2005 to 2025. For live valuation and market cap data, see VERBUND AG market cap and net worth.

Year	Net Assets	Change
2025-12-31	€11.33 Billion ≈ $13.25 Billion	+2.41%
2024-12-31	€11.06 Billion ≈ $12.94 Billion	-7.87%
2023-12-31	€12.01 Billion ≈ $14.04 Billion	+44.30%
2022-12-31	€8.32 Billion ≈ $9.73 Billion	+30.80%
2021-12-31	€6.36 Billion ≈ $7.44 Billion	-7.43%
2020-12-31	€6.87 Billion ≈ $8.04 Billion	+4.66%
2019-12-31	€6.57 Billion ≈ $7.68 Billion	+10.55%
2018-12-31	€5.94 Billion ≈ $6.95 Billion	+4.40%
2017-12-31	€5.69 Billion ≈ $6.65 Billion	+2.92%
2016-12-31	€5.53 Billion ≈ $6.46 Billion	+1.77%
2015-12-31	€5.43 Billion ≈ $6.35 Billion	+2.89%
2014-12-31	€5.28 Billion ≈ $6.17 Billion	-4.80%
2013-12-31	€5.55 Billion ≈ $6.48 Billion	+8.77%
2012-12-31	€5.10 Billion ≈ $5.96 Billion	+3.45%
2011-12-31	€4.93 Billion ≈ $5.76 Billion	+12.74%
2010-12-31	€4.37 Billion ≈ $5.11 Billion	+28.23%
2009-12-31	€3.41 Billion ≈ $3.99 Billion	+9.00%
2008-12-31	€3.13 Billion ≈ $3.66 Billion	+16.95%
2007-12-31	€2.67 Billion ≈ $3.13 Billion	+11.43%
2006-12-31	€2.40 Billion ≈ $2.81 Billion	+22.12%
2005-12-31	€1.97 Billion ≈ $2.30 Billion	--

Equity Component Analysis

This analysis shows how different components contribute to VERBUND 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 928166300000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	€9.28 Billion	89.76%
Other Components	€1.06 Billion	10.24%
Total Equity	€10.34 Billion	100.00%

VERBUND AG Competitors by Market Cap

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

Company	Market Cap
Kerry Group IR:KRZ	$11.54 Billion
PayPay Corporation American Depository Shares NASDAQ:PAYP	$11.54 Billion
Bureau Veritas SA PA:BVI	$11.54 Billion
Pentair PLC NYSE:PNR	$11.55 Billion
Terawulf Inc NASDAQ:WULF	$11.52 Billion
Five Below Inc NASDAQ:FIVE	$11.51 Billion
Jiangsu Wujiang China Eastern Silk Market Co Ltd SHE:000301	$11.49 Billion
Astra International Tbk JK:ASII	$11.48 Billion

Equity Growth Attribution

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

Equity Growth Insights

From 2024 to 2025, total equity changed from 9,977,582,000 to 10,340,910,000, a change of 363,328,000 (3.6%).
Net income of 1,489,402,000 contributed positively to equity growth.
Dividend payments of 1,329,416,000 reduced retained earnings.
Other factors increased equity by 203,342,000.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	€1.49 Billion	+14.4%
Dividends Paid	€1.33 Billion	-12.86%
Other Changes	€203.34 Million	+1.97%
Total Change	€-	3.64%

Book Value vs Market Value Analysis

This analysis compares VERBUND 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: 1.95x
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 10.09x to 1.95x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2005-12-31	€5.75	€57.95	x
2006-12-31	€7.04	€57.95	x
2007-12-31	€7.75	€57.95	x
2008-12-31	€9.24	€57.95	x
2009-12-31	€10.04	€57.95	x
2010-12-31	€12.93	€57.95	x
2011-12-31	€12.44	€57.95	x
2012-12-31	€12.83	€57.95	x
2013-12-31	€14.22	€57.95	x
2014-12-31	€13.50	€57.95	x
2015-12-31	€13.99	€57.95	x
2016-12-31	€14.29	€57.95	x
2017-12-31	€14.58	€57.95	x
2018-12-31	€15.27	€57.95	x
2019-12-31	€16.95	€57.95	x
2020-12-31	€17.71	€57.95	x
2021-12-31	€15.72	€57.95	x
2022-12-31	€20.94	€57.95	x
2023-12-31	€28.70	€57.95	x
2024-12-31	€28.72	€57.95	x
2025-12-31	€29.77	€57.95	x

Capital Efficiency Dashboard

This dashboard shows how efficiently VERBUND 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): 14.40%
The company shows good efficiency in utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 18.59%
• Asset Turnover: 0.43x
• Equity Multiplier: 1.80x
Recent ROE (14.40%) is below the historical average (14.83%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2005	21.93%	18.33%	0.32x	3.70x	€212.83 Million
2006	25.77%	19.51%	0.45x	2.96x	€343.59 Million
2007	24.06%	19.06%	0.41x	3.05x	€338.43 Million
2008	27.57%	21.12%	0.45x	2.89x	€503.96 Million
2009	24.15%	21.61%	0.34x	3.32x	€441.06 Million
2010	12.00%	14.64%	0.29x	2.80x	€80.78 Million
2011	10.69%	11.96%	0.33x	2.74x	€29.90 Million
2012	8.73%	12.30%	0.26x	2.78x	€-56.51 Million
2013	11.74%	18.28%	0.25x	2.59x	€85.85 Million
2014	2.69%	4.47%	0.23x	2.61x	€-342.78 Million
2015	4.27%	7.00%	0.25x	2.42x	€-278.22 Million
2016	8.55%	15.20%	0.24x	2.32x	€-72.00 Million
2017	5.95%	10.36%	0.26x	2.23x	€-204.97 Million
2018	8.16%	15.22%	0.24x	2.21x	€-97.35 Million
2019	9.42%	14.24%	0.33x	2.01x	€-33.96 Million
2020	10.27%	19.52%	0.27x	1.96x	€16.31 Million
2021	15.99%	18.29%	0.28x	3.13x	€327.39 Million
2022	23.60%	16.60%	0.54x	2.63x	€989.41 Million
2023	22.73%	21.69%	0.53x	1.99x	€1.27 Billion
2024	18.79%	22.75%	0.44x	1.88x	€877.52 Million
2025	14.40%	18.59%	0.43x	1.80x	€455.31 Million

Industry Comparison

This section compares VERBUND AG's net assets metrics with peer companies in the Utilities - Renewable industry.

No peer company data available for comparison.

About VERBUND AG

VI:VER Austria Utilities - Renewable

Market Cap

$11.53 Billion

€9.87 Billion EUR

Market Cap Rank

#2028 Global

#4 in Austria

Share Price

€57.95

Change (1 day)

-0.86%

52-Week Range

€57.55 - €69.10

All Time High

€113.60