Bechtle AG (BC8) - Net Assets
Based on the latest financial reports, Bechtle AG (BC8) has net assets worth €2.10 Billion EUR (≈ $2.46 Billion USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€4.61 Billion ≈ $5.39 Billion USD) and total liabilities (€2.51 Billion ≈ $2.93 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 Bechtle AG (BC8) tangible equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €2.10 Billion |
| % of Total Assets | 45.57% |
| Annual Growth Rate | 11.61% |
| 5-Year Change | 51.67% |
| 10-Year Change | 195.67% |
| Growth Volatility | 2.95 |
Bechtle AG - Net Assets Trend (2002–2025)
This chart illustrates how Bechtle AG's net assets have evolved over time, based on quarterly financial data. See BC8 days of operational coverage to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Bechtle AG (2002–2025)
The table below shows the annual net assets of Bechtle AG from 2002 to 2025. For live valuation and market cap data, see Bechtle AG market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | €2.05 Billion ≈ $2.40 Billion |
+7.16% |
| 2024-12-31 | €1.92 Billion ≈ $2.24 Billion |
+9.90% |
| 2023-12-31 | €1.74 Billion ≈ $2.04 Billion |
+13.28% |
| 2022-12-31 | €1.54 Billion ≈ $1.80 Billion |
+13.69% |
| 2021-12-31 | €1.35 Billion ≈ $1.58 Billion |
+16.44% |
| 2020-12-31 | €1.16 Billion ≈ $1.36 Billion |
+14.50% |
| 2019-12-31 | €1.01 Billion ≈ $1.19 Billion |
+14.90% |
| 2018-12-31 | €883.20 Million ≈ $1.03 Billion |
+13.63% |
| 2017-12-31 | €777.28 Million ≈ $908.73 Million |
+11.98% |
| 2016-12-31 | €694.10 Million ≈ $811.48 Million |
+11.83% |
| 2015-12-31 | €620.65 Million ≈ $725.61 Million |
+12.03% |
| 2014-12-31 | €554.00 Million ≈ $647.68 Million |
+10.45% |
| 2013-12-31 | €501.56 Million ≈ $586.38 Million |
+9.42% |
| 2012-12-31 | €458.39 Million ≈ $535.91 Million |
+9.39% |
| 2011-12-31 | €419.04 Million ≈ $489.91 Million |
+12.80% |
| 2010-12-31 | €371.48 Million ≈ $434.30 Million |
+10.90% |
| 2009-12-31 | €334.96 Million ≈ $391.60 Million |
+7.55% |
| 2008-12-31 | €311.45 Million ≈ $364.12 Million |
+12.80% |
| 2007-12-31 | €276.11 Million ≈ $322.80 Million |
+10.92% |
| 2006-12-31 | €248.93 Million ≈ $291.02 Million |
+4.94% |
| 2005-12-31 | €237.20 Million ≈ $277.32 Million |
+10.87% |
| 2004-12-31 | €213.96 Million ≈ $250.14 Million |
+18.31% |
| 2003-12-31 | €180.84 Million ≈ $211.42 Million |
+10.12% |
| 2002-12-31 | €164.21 Million ≈ $191.98 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Bechtle 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 14175.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €1.82 Billion | 88.84% |
| Common Stock | €126.00 Million | 6.15% |
| Other Comprehensive Income | €32.83 Million | 1.60% |
| Other Components | €69.99 Million | 3.41% |
| Total Equity | €2.05 Billion | 100.00% |
Bechtle AG Competitors by Market Cap
The table below lists competitors of Bechtle AG ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
AGL Energy Ltd
AU:AGL
|
$4.07 Billion |
|
Sona BLW Precision Forgings Limited
NSE:SONACOMS
|
$4.07 Billion |
|
Jiangsu Goodwe Power Supply Technology Co Ltd
SHG:688390
|
$4.07 Billion |
|
Chongqing Zongshen Power Machinery Co Ltd
SHE:001696
|
$4.07 Billion |
|
Planet Fitness Inc
NYSE:PLNT
|
$4.07 Billion |
|
Zhejiang Kaishan Compressor
SHE:300257
|
$4.07 Billion |
|
Shanghai V-Test Semiconductor Tech Co. Ltd. A
SHG:688372
|
$4.06 Billion |
|
Scorpio Tankers Inc
NYSE:STNG
|
$4.06 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Bechtle AG's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,911,446,000 to 2,049,518,000, a change of 138,072,000 (7.2%).
- Net income of 229,211,000 contributed positively to equity growth.
- Dividend payments of 88,200,000 reduced retained earnings.
- Other comprehensive income decreased equity by 3,999,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €229.21 Million | +11.18% |
| Dividends Paid | €88.20 Million | -4.3% |
| Other Comprehensive Income | €-4.00 Million | -0.2% |
| Other Changes | €1.06 Million | +0.05% |
| Total Change | €- | 7.22% |
Book Value vs Market Value Analysis
This analysis compares Bechtle 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: 1.86x
- 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 22.28x to 1.86x 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 | €1.36 | €30.26 | x |
| 2003-12-31 | €1.49 | €30.26 | x |
| 2004-12-31 | €1.69 | €30.26 | x |
| 2005-12-31 | €1.86 | €30.26 | x |
| 2006-12-31 | €1.96 | €30.26 | x |
| 2007-12-31 | €2.17 | €30.26 | x |
| 2008-12-31 | €2.45 | €30.26 | x |
| 2009-12-31 | €2.68 | €30.26 | x |
| 2010-12-31 | €2.95 | €30.26 | x |
| 2011-12-31 | €3.33 | €30.26 | x |
| 2012-12-31 | €3.64 | €30.26 | x |
| 2013-12-31 | €3.98 | €30.26 | x |
| 2014-12-31 | €4.40 | €30.26 | x |
| 2015-12-31 | €4.93 | €30.26 | x |
| 2016-12-31 | €5.51 | €30.26 | x |
| 2017-12-31 | €6.17 | €30.26 | x |
| 2018-12-31 | €7.01 | €30.26 | x |
| 2019-12-31 | €8.05 | €30.26 | x |
| 2020-12-31 | €9.22 | €30.26 | x |
| 2021-12-31 | €10.74 | €30.26 | x |
| 2022-12-31 | €12.21 | €30.26 | x |
| 2023-12-31 | €13.83 | €30.26 | x |
| 2024-12-31 | €15.17 | €30.26 | x |
| 2025-12-31 | €16.27 | €30.26 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Bechtle 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): 11.18%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.58%
- • Asset Turnover: 1.36x
- • Equity Multiplier: 2.30x
- Recent ROE (11.18%) is below the historical average (13.65%), 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 | 7.31% | 1.60% | 3.05x | 1.50x | €-4.42 Million |
| 2003 | 10.22% | 2.32% | 2.84x | 1.55x | €404.00K |
| 2004 | 13.88% | 2.72% | 2.86x | 1.79x | €8.25 Million |
| 2005 | 12.35% | 2.49% | 2.85x | 1.75x | €5.57 Million |
| 2006 | 11.89% | 2.43% | 2.90x | 1.69x | €4.72 Million |
| 2007 | 14.83% | 2.96% | 3.06x | 1.63x | €13.35 Million |
| 2008 | 14.59% | 3.17% | 2.89x | 1.59x | €14.28 Million |
| 2009 | 10.23% | 2.48% | 2.65x | 1.55x | €761.90K |
| 2010 | 12.50% | 2.69% | 2.64x | 1.76x | €9.27 Million |
| 2011 | 14.97% | 3.14% | 2.48x | 1.92x | €20.82 Million |
| 2012 | 12.34% | 2.70% | 2.48x | 1.84x | €10.72 Million |
| 2013 | 12.64% | 2.79% | 2.50x | 1.82x | €13.24 Million |
| 2014 | 13.75% | 2.95% | 2.54x | 1.84x | €20.79 Million |
| 2015 | 14.96% | 3.28% | 2.46x | 1.85x | €30.81 Million |
| 2016 | 14.89% | 3.34% | 2.44x | 1.83x | €33.96 Million |
| 2017 | 14.74% | 3.21% | 2.47x | 1.86x | €36.83 Million |
| 2018 | 15.53% | 3.17% | 2.13x | 2.30x | €48.82 Million |
| 2019 | 16.80% | 3.17% | 2.24x | 2.36x | €69.00 Million |
| 2020 | 16.57% | 3.31% | 2.17x | 2.31x | €76.34 Million |
| 2021 | 17.10% | 4.36% | 1.76x | 2.23x | €96.13 Million |
| 2022 | 16.32% | 4.17% | 1.75x | 2.24x | €97.29 Million |
| 2023 | 15.24% | 4.13% | 1.69x | 2.18x | €91.25 Million |
| 2024 | 12.84% | 3.89% | 1.50x | 2.21x | €54.35 Million |
| 2025 | 11.18% | 3.58% | 1.36x | 2.30x | €24.26 Million |
Industry Comparison
This section compares Bechtle AG'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 |
|---|---|---|---|---|
| Bechtle AG (BC8) | €2.10 Billion | 7.31% | 1.19x | $4.07 Billion |
| 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 Bechtle AG
Bechtle AG provides information technology (IT) services in Germany, France, Benelux, and Europe. It operates through IT System House & Managed Services and IT E-Commerce segments. The company offers IT strategy consulting, hardware and software solutions, IT infrastructure consulting, modern workplace, application solutions, project planning and implementation, system integration, maintenance an… Read more