EnBW Energie Baden-Württemberg AG
EnBW Energie Baden-Württemberg AG operates as an integrated energy company in Germany, Rest of Europe, and internationally. It operates through three segments: Sustainable Generation Infrastructure, Critical Infrastructure, and Smart Infrastructure for Customers. The Sustainable Generation Infrastructure segment encompasses company activities in the areas of renewable energies, conventional gener… Read more
EnBW Energie Baden-Württemberg AG (EBK) - Net Assets
Latest net assets as of September 2025: €21.63 Billion EUR
Based on the latest financial reports, EnBW Energie Baden-Württemberg AG (EBK) has net assets worth €21.63 Billion EUR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€66.78 Billion) and total liabilities (€45.15 Billion). 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 | €21.63 Billion |
| % of Total Assets | 32.38% |
| Annual Growth Rate | 9.54% |
| 5-Year Change | 128.71% |
| 10-Year Change | 249.11% |
| Growth Volatility | 28.86 |
EnBW Energie Baden-Württemberg AG - Net Assets Trend (2002–2024)
This chart illustrates how EnBW Energie Baden-Württemberg AG's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for EnBW Energie Baden-Württemberg AG (2002–2024)
The table below shows the annual net assets of EnBW Energie Baden-Württemberg AG from 2002 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €17.77 Billion | +12.08% |
| 2023-12-31 | €15.85 Billion | +24.15% |
| 2022-12-31 | €12.77 Billion | +50.24% |
| 2021-12-31 | €8.50 Billion | +9.40% |
| 2020-12-31 | €7.77 Billion | +4.35% |
| 2019-12-31 | €7.45 Billion | +18.68% |
| 2018-12-31 | €6.27 Billion | +7.00% |
| 2017-12-31 | €5.86 Billion | +82.29% |
| 2016-12-31 | €3.22 Billion | -36.81% |
| 2015-12-31 | €5.09 Billion | +11.97% |
| 2014-12-31 | €4.55 Billion | -25.27% |
| 2013-12-31 | €6.08 Billion | -15.32% |
| 2012-12-31 | €7.18 Billion | +17.12% |
| 2011-12-31 | €6.13 Billion | -19.49% |
| 2010-12-31 | €7.62 Billion | +18.89% |
| 2009-12-31 | €6.41 Billion | +14.77% |
| 2008-12-31 | €5.58 Billion | -6.97% |
| 2007-12-31 | €6.00 Billion | +36.36% |
| 2006-12-31 | €4.40 Billion | +32.90% |
| 2005-12-31 | €3.31 Billion | +41.06% |
| 2004-12-31 | €2.35 Billion | +52.05% |
| 2003-12-31 | €1.54 Billion | -35.44% |
| 2002-12-31 | €2.39 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to EnBW Energie Baden-Württemberg 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 970210000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €9.40 Billion | 91.87% |
| Common Stock | €708.10 Million | 6.92% |
| Other Comprehensive Income | €-445.40 Million | -4.35% |
| Other Components | €569.70 Million | 5.57% |
| Total Equity | €10.23 Billion | 100.00% |
EnBW Energie Baden-Württemberg AG Competitors by Market Cap
The table below lists competitors of EnBW Energie Baden-Württemberg AG ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Doosan Pref Shs
KO:000155
|
$3.91 Billion |
|
RioCan Real Estate Investment Trust
TO:REI-UN
|
$3.92 Billion |
|
Huadian Power International Corp Ltd Class A
SHG:600027
|
$3.92 Billion |
|
Peptron Inc
KQ:087010
|
$3.92 Billion |
|
Xinjiang Goldwind Science & Technology Co. Ltd
PINK:XNJJY
|
$3.91 Billion |
|
Dropbox Inc
NASDAQ:DBX
|
$3.91 Billion |
|
The a2 Milk Company Limited
PINK:ACOPF
|
$3.91 Billion |
|
Centrus Energy Corp.
NYSE MKT:LEU
|
$3.91 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in EnBW Energie Baden-Württemberg AG's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 9,308,700,000 to 10,232,900,000, a change of 924,200,000 (9.9%).
- Net income of 1,243,700,000 contributed positively to equity growth.
- Dividend payments of 637,200,000 reduced retained earnings.
- Other comprehensive income increased equity by 82,300,000.
- Other factors increased equity by 235,400,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €1.24 Billion | +12.15% |
| Dividends Paid | €637.20 Million | -6.23% |
| Other Comprehensive Income | €82.30 Million | +0.8% |
| Other Changes | €235.40 Million | +2.3% |
| Total Change | €- | 9.93% |
Book Value vs Market Value Analysis
This analysis compares EnBW Energie Baden-Württemberg 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: 1.85x
- 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 8.02x to 1.85x 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 | €8.71 | €69.80 | x |
| 2003-12-31 | €4.14 | €69.80 | x |
| 2004-12-31 | €4.32 | €69.80 | x |
| 2005-12-31 | €10.61 | €69.80 | x |
| 2006-12-31 | €14.12 | €69.80 | x |
| 2007-12-31 | €20.54 | €69.80 | x |
| 2008-12-31 | €16.17 | €69.80 | x |
| 2009-12-31 | €21.67 | €69.80 | x |
| 2010-12-31 | €26.37 | €69.80 | x |
| 2011-12-31 | €19.93 | €69.80 | x |
| 2012-12-31 | €23.04 | €69.80 | x |
| 2013-12-31 | €17.96 | €69.80 | x |
| 2014-12-31 | €12.70 | €69.80 | x |
| 2015-12-31 | €11.95 | €69.80 | x |
| 2016-12-31 | €4.86 | €69.80 | x |
| 2017-12-31 | €13.10 | €69.80 | x |
| 2018-12-31 | €14.69 | €69.80 | x |
| 2019-12-31 | €14.57 | €69.80 | x |
| 2020-12-31 | €14.43 | €69.80 | x |
| 2021-12-31 | €17.16 | €69.80 | x |
| 2022-12-31 | €33.09 | €69.80 | x |
| 2023-12-31 | €34.37 | €69.80 | x |
| 2024-12-31 | €37.78 | €69.80 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently EnBW Energie Baden-Württemberg 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): 12.15%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.60%
- • Asset Turnover: 0.54x
- • Equity Multiplier: 6.28x
- Recent ROE (12.15%) is above the historical average (1.99%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | -1.52% | -0.37% | 0.35x | 11.80x | €-235.35 Million |
| 2003 | -128.25% | -11.15% | 0.42x | 27.35x | €-1.27 Billion |
| 2004 | 36.22% | 3.63% | 0.41x | 24.42x | €258.93 Million |
| 2005 | 20.26% | 4.84% | 0.43x | 9.76x | €264.14 Million |
| 2006 | 28.90% | 7.59% | 0.47x | 8.09x | €656.20 Million |
| 2007 | 27.00% | 9.27% | 0.52x | 5.63x | €858.96 Million |
| 2008 | 22.65% | 5.52% | 0.50x | 8.28x | €502.95 Million |
| 2009 | 15.47% | 5.30% | 0.45x | 6.51x | €291.42 Million |
| 2010 | 17.97% | 6.66% | 0.50x | 5.43x | €516.98 Million |
| 2011 | -17.82% | -4.62% | 0.52x | 7.36x | €-1.35 Billion |
| 2012 | 7.99% | 2.46% | 0.52x | 6.20x | €-119.34 Million |
| 2013 | 1.05% | 0.25% | 0.57x | 7.43x | €-435.53 Million |
| 2014 | -13.10% | -2.15% | 0.55x | 11.14x | €-794.71 Million |
| 2015 | 3.86% | 0.59% | 0.55x | 11.79x | €-198.65 Million |
| 2016 | -136.39% | -9.28% | 0.50x | 29.24x | €-1.93 Billion |
| 2017 | 57.90% | 9.35% | 0.57x | 10.93x | €1.70 Billion |
| 2018 | 8.40% | 1.62% | 0.52x | 9.96x | €-63.59 Million |
| 2019 | 18.60% | 3.91% | 0.43x | 10.97x | €339.29 Million |
| 2020 | 20.67% | 4.10% | 0.43x | 11.76x | €416.84 Million |
| 2021 | 7.82% | 1.13% | 0.45x | 15.34x | €-101.54 Million |
| 2022 | 19.39% | 3.10% | 0.81x | 7.75x | €841.70 Million |
| 2023 | 16.52% | 3.46% | 0.69x | 6.95x | €606.73 Million |
| 2024 | 12.15% | 3.60% | 0.54x | 6.28x | €220.41 Million |
Industry Comparison
This section compares EnBW Energie Baden-Württemberg AG's net assets metrics with peer companies in the Utilities - Diversified industry.
Industry Context
- Industry: Utilities - Diversified
- Average net assets among peers: $329,606,605,400
- Average return on equity (ROE) among peers: 9.54%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| EnBW Energie Baden-Württemberg AG (EBK) | €21.63 Billion | -1.52% | 2.09x | $3.91 Billion |
| Chubu Electric Power Company Incorporated (0C2) | $1.64 Trillion | 10.37% | 2.38x | $9.80 Billion |
| ATCO CLASS 1 (8A6) | $7.95 Billion | 3.09% | 1.89x | $3.68 Billion |
| Lechwerke AG (LEC) | $501.77 Million | 15.59% | 2.68x | $87.57 Million |
| MVV Energie AG (MVV1) | $1.43 Billion | 7.46% | 2.51x | $1.04 Billion |
| Gelsenwasser AG (WWG) | $1.05 Billion | 11.18% | 1.86x | $138.32 Million |