pferdewetten.de AG

XETRA:EMH Germany
Market Cap
$9.10 Million
€8.87 Million EUR
Market Cap Rank
#29339 Global
#3238 in Germany
Share Price
€2.46
Change (1 day)
+2.50%
52-Week Range
€2.25 - €3.39
All Time High
€19.88
About

pferdewetten.de AG, together with its subsidiaries, engages in the online horse betting business in Germany and internationally. Its horse betting services range from betting on German gallop and trotting to English, French, and other international horse races. The company also offers consulting and training services for the implementation and processing of sports and horse betting; and technical… Read more

pferdewetten.de AG (EMH) - Net Assets

Latest net assets as of June 2025: €3.49 Million EUR

Based on the latest financial reports, pferdewetten.de AG (EMH) has net assets worth €3.49 Million EUR as of June 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€50.79 Million) and total liabilities (€47.30 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 €3.49 Million
% of Total Assets 6.86%
Annual Growth Rate 26.91%
5-Year Change 46.68%
10-Year Change 262.64%
Growth Volatility 378.7

pferdewetten.de AG - Net Assets Trend (2004–2022)

This chart illustrates how pferdewetten.de 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 pferdewetten.de AG (2004–2022)

The table below shows the annual net assets of pferdewetten.de AG from 2004 to 2022.

Year Net Assets Change
2022-12-31 €18.97 Million +15.84%
2021-12-31 €16.37 Million -6.43%
2020-12-31 €17.50 Million +10.54%
2019-12-31 €15.83 Million +22.43%
2018-12-31 €12.93 Million -7.73%
2017-12-31 €14.01 Million +19.42%
2016-12-31 €11.73 Million +49.30%
2015-12-31 €7.86 Million +53.83%
2014-12-31 €5.11 Million -2.32%
2013-12-31 €5.23 Million +159.97%
2011-12-31 €2.01 Million +13.25%
2010-12-31 €1.78 Million -20.55%
2009-12-31 €2.24 Million -36.14%
2008-12-31 €3.50 Million -30.13%
2007-12-31 €5.01 Million +7.05%
2006-12-31 €4.68 Million +4.98%
2005-12-31 €4.46 Million +1615.00%
2004-12-31 €260.00K --

Equity Component Analysis

This analysis shows how different components contribute to pferdewetten.de 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 1458897600.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2022)

Component Amount Percentage
Retained Earnings €5.96 Million 29.95%
Common Stock €4.84 Million 24.29%
Other Comprehensive Income €-57.50K -0.29%
Other Components €9.17 Million 46.05%
Total Equity €19.91 Million 100.00%

pferdewetten.de AG Competitors by Market Cap

The table below lists competitors of pferdewetten.de AG ranked by their market capitalization.

Equity Growth Attribution

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

Equity Growth Insights

  • From 2021 to 2022, total equity changed from 16,364,992 to 19,913,061, a change of 3,548,069 (21.7%).
  • Net loss of 1,538,841 reduced equity.
  • Dividend payments of 446,000 reduced retained earnings.
  • Share repurchases of 5,563,000 reduced equity.
  • Other comprehensive income decreased equity by 838,101.
  • Other factors increased equity by 11,934,011.

Equity Change Factors (2021 to 2022)

Factor Impact Contribution
Net Income €-1.54 Million -7.73%
Dividends Paid €446.00K -2.24%
Share Repurchases €5.56 Million -27.94%
Other Comprehensive Income €-838.10K -4.21%
Other Changes €11.93 Million +59.93%
Total Change €- 21.68%

Book Value vs Market Value Analysis

This analysis compares pferdewetten.de 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: 0.59x
  • 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 18.03x to 0.59x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2004-12-31 €0.14 €2.46 x
2005-12-31 €1.79 €2.46 x
2006-12-31 €1.52 €2.46 x
2007-12-31 €1.62 €2.46 x
2008-12-31 €1.14 €2.46 x
2009-12-31 €0.62 €2.46 x
2010-12-31 €0.50 €2.46 x
2011-12-31 €0.55 €2.46 x
2012-12-31 €0.66 €2.46 x
2013-12-31 €1.06 €2.46 x
2014-12-31 €1.32 €2.46 x
2015-12-31 €1.99 €2.46 x
2016-12-31 €2.80 €2.46 x
2017-12-31 €3.03 €2.46 x
2018-12-31 €2.93 €2.46 x
2019-12-31 €3.42 €2.46 x
2020-12-31 €3.93 €2.46 x
2021-12-31 €3.61 €2.46 x
2022-12-31 €4.15 €2.46 x

Capital Efficiency Dashboard

This dashboard shows how efficiently pferdewetten.de 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): -7.73%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -10.04%
  • • Asset Turnover: 0.43x
  • • Equity Multiplier: 1.79x
  • Recent ROE (-7.73%) is above the historical average (-76.61%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2004 -1497.69% -11.76% 11.15x 11.42x €-3.92 Million
2005 5.29% 0.73% 4.28x 1.69x €-209.90K
2006 -41.55% -6.63% 3.94x 1.59x €-2.41 Million
2007 -17.44% -2.97% 4.17x 1.41x €-1.38 Million
2008 -0.34% -0.05% 5.06x 1.36x €-362.90K
2009 -54.02% -37.24% 0.98x 1.47x €-1.46 Million
2010 -24.99% -18.25% 0.90x 1.53x €-637.77K
2011 9.39% 4.74% 1.11x 1.79x €-12.18K
2012 31.05% 17.30% 0.00x 0.00x €504.40K
2013 26.98% 24.46% 0.68x 1.62x €655.22K
2014 23.05% 21.97% 0.73x 1.44x €661.90K
2015 34.90% 40.98% 0.62x 1.36x €1.96 Million
2016 14.91% 26.65% 0.44x 1.27x €575.60K
2017 18.56% 30.10% 0.45x 1.36x €1.20 Million
2018 -4.32% -5.04% 0.53x 1.62x €-1.85 Million
2019 20.93% 22.95% 0.51x 1.77x €1.73 Million
2020 8.34% 10.30% 0.45x 1.80x €-290.19K
2021 -0.96% -1.24% 0.37x 2.09x €-1.79 Million
2022 -7.73% -10.04% 0.43x 1.79x €-3.53 Million

Industry Comparison

This section compares pferdewetten.de AG's net assets metrics with peer companies in the same industry.

Industry Context

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
pferdewetten.de AG (EMH) €3.49 Million -1497.69% 13.57x $8.32 Million
Hanna Capital Corp (04U1) $-79.29K 0.00% 0.00x $116.52K
WESTMINSTER RES (08W) $4.66 Million -31.33% 0.12x $5.16 Million
Axonics Inc (0I3) $570.14 Million -10.47% 0.16x $3.29 Billion
Global Bioenergies SA (1DK) $14.81 Million -86.04% 0.89x $369.68K
GIEAG Immobilien AG (2GI) $41.80 Million 40.21% 8.93x $15.57K
2invest AG (2INV) $82.61 Million -2.29% 0.06x $13.67 Million
PT Central Proteina Prima Tbk (4PT) $3.42 Trillion 11.74% 1.00x $6.90 Million
DGH Deutsche Grundwert Holding AG (5TR) $0.00 0.00% 0.00x $18.45K
SOFTCHOICE CORP. (90Q) $58.23 Million -19.76% 10.01x $470.36 Million
ALBA SE (ABA) $142.95 Million 5.25% 0.45x $5.10 Million