audius SE

XETRA:3ITN Germany Information Technology Services
Market Cap
$63.14 Million
€61.51 Million EUR
Market Cap Rank
#40453 Global
#5939 in Germany
Share Price
€12.50
Change (1 day)
+0.00%
52-Week Range
€10.90 - €14.20
All Time High
€14.20
About

audius SE, through its subsidiaries, engages in the IT services and software business in Germany and internationally. The company offers consulting services, such as security and audit services; data protection; whistleblower protection; IT consulting services, including network, IoT, and cloud strategies; basic infrastructure, security concepts, solutions and implementations, and basic services … Read more

audius SE (3ITN) - Net Assets

Latest net assets as of December 2023: €23.21 Million EUR

Based on the latest financial reports, audius SE (3ITN) has net assets worth €23.21 Million EUR as of December 2023.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€36.67 Million) and total liabilities (€13.45 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 €23.21 Million
% of Total Assets 63.31%
Annual Growth Rate 15.87%
5-Year Change 643.96%
10-Year Change 8682.54%
Growth Volatility 508.55

audius SE - Net Assets Trend (2007–2023)

This chart illustrates how audius SE's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for audius SE (2007–2023)

The table below shows the annual net assets of audius SE from 2007 to 2023.

Year Net Assets Change
2023-12-31 €23.21 Million +6.28%
2022-12-31 €21.84 Million +11.45%
2021-12-31 €19.60 Million +14.39%
2020-12-31 €17.13 Million +449.10%
2019-12-31 €3.12 Million +227.69%
2018-12-31 €952.20K +2000.31%
2017-12-31 €45.34K -92.60%
2016-12-31 €612.51K -28.47%
2015-12-31 €856.27K +223.96%
2014-12-31 €264.31K +248.83%
2013-12-31 €75.77K +112.97%
2012-12-31 €-584.38K -174.81%
2011-12-31 €781.13K -66.56%
2010-12-31 €2.34 Million -1.72%
2009-12-31 €2.38 Million +5.04%
2008-12-31 €2.26 Million +2.86%
2007-12-31 €2.20 Million --

Equity Component Analysis

This analysis shows how different components contribute to audius SE'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 1903.8% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2023)

Component Amount Percentage
Retained Earnings €6.51 Million 29.32%
Common Stock €4.95 Million 22.29%
Other Comprehensive Income €10.78 Million 48.52%
Total Equity €22.21 Million 100.00%

audius SE Competitors by Market Cap

The table below lists competitors of audius SE ranked by their market capitalization.

Equity Growth Attribution

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

Equity Growth Insights

  • From 2022 to 2023, total equity changed from 20,923,315 to 22,209,633, a change of 1,286,318 (6.1%).
  • Net income of 3,438,000 contributed positively to equity growth.
  • Dividend payments of 1,733,000 reduced retained earnings.
  • Share repurchases of 411,000 reduced equity.
  • Other comprehensive income decreased equity by 389,162.
  • Other factors increased equity by 381,480.

Equity Change Factors (2022 to 2023)

Factor Impact Contribution
Net Income €3.44 Million +15.48%
Dividends Paid €1.73 Million -7.8%
Share Repurchases €411.00K -1.85%
Other Comprehensive Income €-389.16K -1.75%
Other Changes €381.48K +1.72%
Total Change €- 6.15%

Book Value vs Market Value Analysis

This analysis compares audius SE'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: 2.77x
  • 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 112.52x to 2.77x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2007-12-31 €0.11 €12.50 x
2008-12-31 €0.12 €12.50 x
2009-12-31 €0.13 €12.50 x
2010-12-31 €0.12 €12.50 x
2011-12-31 €0.45 €12.50 x
2012-12-31 €-0.34 €12.50 x
2013-12-31 €0.04 €12.50 x
2014-12-31 €0.15 €12.50 x
2015-12-31 €0.42 €12.50 x
2016-12-31 €0.27 €12.50 x
2017-12-31 €0.02 €12.50 x
2018-12-31 €0.45 €12.50 x
2019-12-31 €1.50 €12.50 x
2020-12-31 €3.43 €12.50 x
2021-12-31 €3.83 €12.50 x
2022-12-31 €4.23 €12.50 x
2023-12-31 €4.51 €12.50 x

Capital Efficiency Dashboard

This dashboard shows how efficiently audius SE 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): 15.48%
  • The company demonstrates strong efficiency in generating profits from shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 4.39%
  • • Asset Turnover: 2.13x
  • • Equity Multiplier: 1.65x
  • Recent ROE (15.48%) is above the historical average (-107.53%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2007 0.23% 0.04% 1.31x 4.05x €-215.00K
2008 10.65% 1.81% 1.61x 3.65x €14.70K
2009 4.80% 1.03% 1.53x 3.06x €-123.70K
2010 -1.76% -0.48% 1.22x 3.01x €-274.60K
2011 -266.68% -15.06% 2.13x 8.32x €-2.16 Million
2012 0.00% -0.46% 2.57x 0.00x €-19.14K
2013 844.84% 2.96% 2.68x 106.25x €632.58K
2014 53.74% 0.68% 2.94x 26.72x €115.61K
2015 60.55% 1.95% 2.76x 11.25x €399.61K
2016 -62.50% -1.22% 2.93x 17.41x €-354.63K
2017 -2631.49% -3.92% 3.21x 208.94x €-859.86K
2018 82.24% 2.83% 3.03x 9.60x €605.22K
2019 19.59% 2.28% 3.32x 2.58x €269.78K
2020 9.90% 4.80% 1.27x 1.62x €-16.23K
2021 15.84% 5.15% 2.01x 1.53x €1.11 Million
2022 16.50% 4.71% 1.96x 1.79x €1.36 Million
2023 15.48% 4.39% 2.13x 1.65x €1.22 Million

Industry Comparison

This section compares audius SE's net assets metrics with peer companies in the Information Technology Services industry.

Industry Context

  • Industry: Information Technology Services
  • Average net assets among peers: $22,405,482,089
  • Average return on equity (ROE) among peers: -13.95%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
audius SE (3ITN) €23.21 Million 0.23% 0.58x $128.03K
Econocom Group SE (1E91) $456.80 Million 13.97% 4.48x $113.55 Million
21Vianet Group Inc (217A) $6.51 Billion -40.58% 3.66x $2.62 Billion
Wavestone SA (2WSA) $571.39 Million 10.19% 0.71x $366.72 Million
NANOSPHERE (3NS) $744.08K -186.51% 2.14x $392.71K
TIS Inc (4HO) $188.79 Billion 5.44% 0.83x $3.65 Billion
Cybertrust Japan Co., Ltd. (5U2) $4.87 Billion 10.88% 0.48x $31.97 Million
Solidx AB (publ) (6OK) $8.80 Million 56.05% 2.44x $1.86 Million
SMART Global Holdings Inc (850) $378.55 Million 17.58% 3.15x $850.45 Million
8AV0 (8AV0) $57.49 Million -12.58% 0.11x $20.10 Million