Amadeus Fire AG (AAD) - Net Assets
Based on the latest financial reports, Amadeus Fire AG (AAD) has net assets worth €130.08 Million EUR (≈ $152.08 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€363.59 Million ≈ $425.08 Million USD) and total liabilities (€233.51 Million ≈ $273.00 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 Amadeus Fire AG (AAD) tangible equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €130.08 Million |
| % of Total Assets | 35.78% |
| Annual Growth Rate | 6.87% |
| 5-Year Change | -6.72% |
| 10-Year Change | 188.41% |
| Growth Volatility | 25.65 |
Amadeus Fire AG - Net Assets Trend (2001–2025)
This chart illustrates how Amadeus Fire AG's net assets have evolved over time, based on quarterly financial data. See Amadeus Fire AG (AAD) defensive interval to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Amadeus Fire AG (2001–2025)
The table below shows the annual net assets of Amadeus Fire AG from 2001 to 2025. For live valuation and market cap data, see Amadeus Fire AG market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | €130.91 Million ≈ $153.05 Million |
-15.53% |
| 2024-12-31 | €154.98 Million ≈ $181.18 Million |
+2.29% |
| 2023-12-31 | €151.50 Million ≈ $177.13 Million |
-10.05% |
| 2022-12-31 | €168.43 Million ≈ $196.91 Million |
+20.01% |
| 2021-12-31 | €140.34 Million ≈ $164.07 Million |
+23.15% |
| 2020-12-31 | €113.95 Million ≈ $133.22 Million |
+123.62% |
| 2019-12-31 | €50.96 Million ≈ $59.58 Million |
-0.02% |
| 2018-12-31 | €50.97 Million ≈ $59.59 Million |
+8.15% |
| 2017-12-31 | €47.12 Million ≈ $55.09 Million |
+3.82% |
| 2016-12-31 | €45.39 Million ≈ $53.07 Million |
+1.73% |
| 2015-12-31 | €44.62 Million ≈ $52.16 Million |
+1.88% |
| 2014-12-31 | €43.79 Million ≈ $51.20 Million |
+7.28% |
| 2013-12-31 | €40.82 Million ≈ $47.73 Million |
-1.17% |
| 2012-12-31 | €41.31 Million ≈ $48.29 Million |
-3.25% |
| 2011-12-31 | €42.69 Million ≈ $49.91 Million |
+17.44% |
| 2010-12-31 | €36.35 Million ≈ $42.50 Million |
+14.26% |
| 2009-12-31 | €31.82 Million ≈ $37.20 Million |
+9.26% |
| 2008-12-31 | €29.12 Million ≈ $34.04 Million |
+9.59% |
| 2007-12-31 | €26.57 Million ≈ $31.07 Million |
+12.06% |
| 2006-12-31 | €23.71 Million ≈ $27.72 Million |
-0.56% |
| 2005-12-31 | €23.85 Million ≈ $27.88 Million |
+3.37% |
| 2004-12-31 | €23.07 Million ≈ $26.97 Million |
+2.27% |
| 2003-12-31 | €22.56 Million ≈ $26.37 Million |
-9.64% |
| 2002-12-31 | €24.96 Million ≈ $29.18 Million |
-6.00% |
| 2001-12-31 | €26.55 Million ≈ $31.04 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Amadeus Fire 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 738.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €62.33 Million | 47.95% |
| Common Stock | €5.43 Million | 4.18% |
| Other Components | €62.23 Million | 47.87% |
| Total Equity | €129.99 Million | 100.00% |
Amadeus Fire AG Competitors by Market Cap
The table below lists competitors of Amadeus Fire AG ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Taseco Air Services JSC
VN:AST
|
$123.61 Million |
|
Global Graphics PLC
BR:HYSG
|
$123.64 Million |
|
Kulmbacher Brauerei Aktien-Gesellschaft
MU:KUL
|
$123.65 Million |
|
Bike24 Holding AG
F:BIKE
|
$123.66 Million |
|
Elementos Ltd
AU:ELT
|
$123.58 Million |
|
Hercules Metals Corp.
V:BIG
|
$123.58 Million |
|
Yieh Hsing Enterprise Co Ltd
TW:2007
|
$123.55 Million |
|
Lu Thai Textile
SHE:200726
|
$123.55 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Amadeus Fire AG's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 154,285,000 to 129,985,000, a change of -24,300,000 (-15.8%).
- Net loss of 2,400,000 reduced equity.
- Dividend payments of 21,892,000 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-2.40 Million | -1.85% |
| Dividends Paid | €21.89 Million | -16.84% |
| Other Changes | €-8.00K | -0.01% |
| Total Change | €- | -15.75% |
Book Value vs Market Value Analysis
This analysis compares Amadeus Fire 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: 0.85x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 4.94x to 0.85x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2001-12-31 | €4.13 | €20.40 | x |
| 2002-12-31 | €4.29 | €20.40 | x |
| 2003-12-31 | €3.76 | €20.40 | x |
| 2004-12-31 | €4.23 | €20.40 | x |
| 2005-12-31 | €4.44 | €20.40 | x |
| 2006-12-31 | €4.56 | €20.40 | x |
| 2007-12-31 | €5.11 | €20.40 | x |
| 2008-12-31 | €5.60 | €20.40 | x |
| 2009-12-31 | €6.12 | €20.40 | x |
| 2010-12-31 | €6.99 | €20.40 | x |
| 2011-12-31 | €8.20 | €20.40 | x |
| 2012-12-31 | €7.96 | €20.40 | x |
| 2013-12-31 | €7.84 | €20.40 | x |
| 2014-12-31 | €8.37 | €20.40 | x |
| 2015-12-31 | €8.54 | €20.40 | x |
| 2016-12-31 | €8.66 | €20.40 | x |
| 2017-12-31 | €8.96 | €20.40 | x |
| 2018-12-31 | €9.66 | €20.40 | x |
| 2019-12-31 | €9.62 | €20.40 | x |
| 2020-12-31 | €20.81 | €20.40 | x |
| 2021-12-31 | €24.22 | €20.40 | x |
| 2022-12-31 | €29.09 | €20.40 | x |
| 2023-12-31 | €26.22 | €20.40 | x |
| 2024-12-31 | €28.40 | €20.40 | x |
| 2025-12-31 | €24.01 | €20.40 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Amadeus Fire 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): -1.85%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -0.66%
- • Asset Turnover: 0.97x
- • Equity Multiplier: 2.88x
- Recent ROE (-1.85%) is below the historical average (26.58%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2001 | 18.77% | 6.27% | 1.68x | 1.79x | €2.02 Million |
| 2002 | 7.55% | 2.93% | 1.83x | 1.41x | €-583.64K |
| 2003 | -2.47% | -1.09% | 1.59x | 1.42x | €-2.60 Million |
| 2004 | 5.90% | 4.01% | 1.10x | 1.34x | €-918.90K |
| 2005 | 8.43% | 3.81% | 1.51x | 1.46x | €-369.20K |
| 2008 | 31.69% | 8.05% | 2.38x | 1.65x | €6.31 Million |
| 2009 | 30.92% | 8.88% | 2.32x | 1.50x | €6.65 Million |
| 2010 | 33.19% | 10.26% | 2.15x | 1.50x | €8.43 Million |
| 2011 | 34.52% | 11.32% | 2.08x | 1.46x | €10.45 Million |
| 2012 | 32.63% | 9.85% | 2.29x | 1.44x | €9.36 Million |
| 2013 | 36.09% | 10.35% | 2.31x | 1.51x | €10.63 Million |
| 2014 | 40.22% | 10.87% | 2.37x | 1.56x | €13.16 Million |
| 2015 | 41.38% | 10.82% | 2.36x | 1.62x | €13.92 Million |
| 2016 | 42.21% | 10.97% | 2.38x | 1.62x | €14.50 Million |
| 2017 | 44.17% | 11.15% | 2.37x | 1.68x | €15.91 Million |
| 2018 | 48.25% | 11.77% | 2.46x | 1.66x | €19.20 Million |
| 2019 | 48.03% | 10.30% | 0.72x | 6.44x | €19.01 Million |
| 2020 | 15.80% | 6.35% | 0.80x | 3.09x | €6.53 Million |
| 2021 | 24.58% | 9.14% | 1.08x | 2.48x | €20.20 Million |
| 2022 | 23.08% | 9.43% | 1.21x | 2.02x | €21.76 Million |
| 2023 | 27.17% | 9.14% | 1.23x | 2.41x | €25.56 Million |
| 2024 | 21.15% | 7.47% | 1.32x | 2.14x | €17.20 Million |
| 2025 | -1.85% | -0.66% | 0.97x | 2.88x | €-15.40 Million |
Industry Comparison
This section compares Amadeus Fire AG's net assets metrics with peer companies in the Staffing & Employment Services industry.
Industry Context
- Industry: Staffing & Employment Services
- Average net assets among peers: $3,392,215,500
- Average return on equity (ROE) among peers: 8.48%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Amadeus Fire AG (AAD) | €130.08 Million | 18.77% | 1.80x | $123.58 Million |
| TONGDAO LIEP.GR. DL-0001 (6WT) | $3.20 Billion | 4.21% | 0.53x | $124.01 Million |
| Adecco Group AG (ADIA) | $3.59 Billion | 12.76% | 1.71x | $3.29 Billion |
About Amadeus Fire AG
Amadeus FiRe AG provides personnel and training services in Germany. It offers specialized personnel services, such as specialist temporary staffing, permanent placement, interim and project management for professional and management staff in commercial professions and IT fields. The company also provides training and retraining options with a focus on commercial and IT sectors; and training for … Read more