Adesso SE (ADN1) - Net Assets
Based on the latest financial reports, Adesso SE (ADN1) has net assets worth €194.39 Million EUR (≈ $227.27 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€851.45 Million ≈ $995.43 Million USD) and total liabilities (€657.05 Million ≈ $768.16 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 ADN1 tangible net assets ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €194.39 Million |
| % of Total Assets | 22.83% |
| Annual Growth Rate | 13.97% |
| 5-Year Change | 88.49% |
| 10-Year Change | 356.53% |
| Growth Volatility | 20.51 |
Adesso SE - Net Assets Trend (2007–2024)
This chart illustrates how Adesso SE's net assets have evolved over time, based on quarterly financial data. See operational self-sufficiency of Adesso SE to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Adesso SE (2007–2024)
The table below shows the annual net assets of Adesso SE from 2007 to 2024. For live valuation and market cap data, see how much is Adesso SE worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €193.91 Million ≈ $226.70 Million |
-6.67% |
| 2023-12-31 | €207.78 Million ≈ $242.91 Million |
-3.44% |
| 2022-12-31 | €215.18 Million ≈ $251.57 Million |
+12.17% |
| 2021-12-31 | €191.83 Million ≈ $224.27 Million |
+86.47% |
| 2020-12-31 | €102.87 Million ≈ $120.27 Million |
+11.24% |
| 2019-12-31 | €92.48 Million ≈ $108.12 Million |
+19.65% |
| 2018-12-31 | €77.29 Million ≈ $90.36 Million |
+15.32% |
| 2017-12-31 | €67.02 Million ≈ $78.36 Million |
+12.18% |
| 2016-12-31 | €59.74 Million ≈ $69.85 Million |
+40.66% |
| 2015-12-31 | €42.48 Million ≈ $49.66 Million |
+9.62% |
| 2014-12-31 | €38.75 Million ≈ $45.30 Million |
+7.46% |
| 2013-12-31 | €36.06 Million ≈ $42.16 Million |
+5.62% |
| 2012-12-31 | €34.14 Million ≈ $39.91 Million |
-0.67% |
| 2011-12-31 | €34.37 Million ≈ $40.18 Million |
+11.22% |
| 2010-12-31 | €30.90 Million ≈ $36.13 Million |
+7.12% |
| 2009-12-31 | €28.85 Million ≈ $33.73 Million |
+13.84% |
| 2008-12-31 | €25.34 Million ≈ $29.63 Million |
+20.76% |
| 2007-12-31 | €20.98 Million ≈ $24.53 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Adesso 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 6051.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €149.47 Million | 78.68% |
| Common Stock | €6.52 Million | 3.43% |
| Other Comprehensive Income | €149.72 Million | 78.82% |
| Total Equity | €189.97 Million | 100.00% |
Adesso SE Competitors by Market Cap
The table below lists competitors of Adesso SE ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Guilin Tourism Corp Ltd
SHE:000978
|
$380.19 Million |
|
Sonmez Pamuklu Sanayii AS
IS:SNPAM
|
$380.28 Million |
|
Mahindra Logistics Limited
NSE:MAHLOG
|
$380.45 Million |
|
Miwon Commerci
KO:002840
|
$380.63 Million |
|
Gopal Snacks Ltd
NSE:GOPAL
|
$380.00 Million |
|
Shandong Sinobioway Biomedicine Co Ltd
SHE:002581
|
$379.40 Million |
|
Gourmet Master Co Ltd
TW:2723
|
$379.39 Million |
|
MCBC Holdings Inc
NASDAQ:MCFT
|
$379.16 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Adesso SE's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 203,000,000 to 189,965,000, a change of -13,035,000 (-6.4%).
- Net income of 8,123,000 contributed positively to equity growth.
- Dividend payments of 6,109,000 reduced retained earnings.
- Share repurchases of 8,180,000 reduced equity.
- Other comprehensive income increased equity by 105,349,001.
- Other factors decreased equity by 112,218,001.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €8.12 Million | +4.28% |
| Dividends Paid | €6.11 Million | -3.22% |
| Share Repurchases | €8.18 Million | -4.31% |
| Other Comprehensive Income | €105.35 Million | +55.46% |
| Other Changes | €-112.22 Million | -59.07% |
| Total Change | €- | -6.42% |
Book Value vs Market Value Analysis
This analysis compares Adesso 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: 1.74x
- 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 10.62x to 1.74x 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 | €4.78 | €50.80 | x |
| 2008-12-31 | €4.43 | €50.80 | x |
| 2009-12-31 | €5.04 | €50.80 | x |
| 2010-12-31 | €5.37 | €50.80 | x |
| 2011-12-31 | €5.94 | €50.80 | x |
| 2012-12-31 | €5.77 | €50.80 | x |
| 2013-12-31 | €6.06 | €50.80 | x |
| 2014-12-31 | €6.49 | €50.80 | x |
| 2015-12-31 | €7.10 | €50.80 | x |
| 2016-12-31 | €10.18 | €50.80 | x |
| 2017-12-31 | €10.83 | €50.80 | x |
| 2018-12-31 | €12.50 | €50.80 | x |
| 2019-12-31 | €14.96 | €50.80 | x |
| 2020-12-31 | €16.55 | €50.80 | x |
| 2021-12-31 | €29.50 | €50.80 | x |
| 2022-12-31 | €32.19 | €50.80 | x |
| 2023-12-31 | €31.13 | €50.80 | x |
| 2024-12-31 | €29.15 | €50.80 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Adesso 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): 4.28%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.63%
- • Asset Turnover: 1.48x
- • Equity Multiplier: 4.62x
- Recent ROE (4.28%) is below the historical average (12.77%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | 11.41% | 5.23% | 0.95x | 2.31x | €295.80K |
| 2008 | 16.70% | 6.33% | 1.20x | 2.21x | €1.69 Million |
| 2009 | 12.44% | 5.02% | 1.21x | 2.05x | €703.70K |
| 2010 | 8.11% | 2.91% | 1.37x | 2.03x | €-579.00K |
| 2011 | 11.47% | 3.69% | 1.52x | 2.05x | €500.40K |
| 2012 | 2.09% | 0.58% | 1.57x | 2.31x | €-2.63 Million |
| 2013 | 7.96% | 2.04% | 1.81x | 2.16x | €-712.80K |
| 2014 | 9.05% | 2.17% | 1.87x | 2.23x | €-357.00K |
| 2015 | 11.48% | 2.42% | 1.63x | 2.91x | €613.40K |
| 2016 | 20.97% | 4.81% | 1.42x | 3.07x | €6.55 Million |
| 2017 | 16.48% | 3.43% | 1.59x | 3.03x | €4.34 Million |
| 2018 | 17.33% | 3.56% | 1.69x | 2.87x | €5.66 Million |
| 2019 | 18.84% | 3.87% | 1.40x | 3.47x | €8.17 Million |
| 2020 | 20.47% | 4.00% | 1.41x | 3.64x | €10.72 Million |
| 2021 | 25.65% | 7.00% | 1.22x | 3.00x | €28.99 Million |
| 2022 | 13.62% | 3.18% | 1.37x | 3.12x | €7.60 Million |
| 2023 | 1.58% | 0.28% | 1.45x | 3.87x | €-17.09 Million |
| 2024 | 4.28% | 0.63% | 1.48x | 4.62x | €-10.87 Million |
Industry Comparison
This section compares Adesso 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: $264,160,772
- Average return on equity (ROE) among peers: -7.09%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Adesso SE (ADN1) | €194.39 Million | 11.41% | 3.38x | $380.17 Million |
| CLPS INC. DL-0001 (1UK) | $67.80 Million | 6.57% | 0.50x | $22.08 Million |
| Globant SA (2G2) | $160.19 Million | 19.76% | 0.39x | $1.50 Billion |
| Solutions 30 SE (30L3) | $108.10 Million | -14.62% | 5.56x | $64.24 Million |
| Genpact Limited (35G) | $1.83 Billion | 16.81% | 1.66x | $4.90 Billion |
| NANOSPHERE (3NS) | $-1.44 Million | 0.00% | 0.00x | $1.14 Million |
| BIT MINING C.A SP.ADR 100 (50C0) | $25.13 Million | -114.24% | 1.89x | $13.76 Million |
| WISE PLC SPONS.ADR/1 (6WS0) | $409.20 Million | 8.04% | 17.49x | $9.95 Billion |
| GS TECHS LTD (DI) (6Y3) | $8.45 Million | -25.99% | 4.57x | $1.16 Million |
| CPT GLOBAL LTD (714) | $5.63 Million | 26.15% | 1.60x | $1.80 Million |
| PASSUS S.A. ZY-1 (71X) | $24.32 Million | 6.67% | 2.00x | $44.40 Million |
About Adesso SE
adesso SE, together with its subsidiaries, provides IT services in Germany, Austria, Switzerland, and internationally. It operates through two segments, IT Services and IT Solutions. The company offers industry-specific IT consulting and software development services; and distributes software products and industry-specific or industry-neutral solutions. The company provides application management… Read more