pferdewetten.de AG (EMH) - Net Assets
Based on the latest financial reports, pferdewetten.de AG (EMH) has net assets worth €3.49 Million EUR (≈ $4.07 Million USD) 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 ≈ $59.38 Million USD) and total liabilities (€47.30 Million ≈ $55.30 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 pferdewetten.de AG (EMH) tangible net worth to evaluate the tangible quality of the company's equity base.
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. See pferdewetten.de AG liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
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. For live valuation and market cap data, see EMH company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2022-12-31 | €18.97 Million ≈ $22.17 Million |
+15.84% |
| 2021-12-31 | €16.37 Million ≈ $19.14 Million |
-6.43% |
| 2020-12-31 | €17.50 Million ≈ $20.46 Million |
+10.54% |
| 2019-12-31 | €15.83 Million ≈ $18.51 Million |
+22.43% |
| 2018-12-31 | €12.93 Million ≈ $15.12 Million |
-7.73% |
| 2017-12-31 | €14.01 Million ≈ $16.38 Million |
+19.42% |
| 2016-12-31 | €11.73 Million ≈ $13.72 Million |
+49.30% |
| 2015-12-31 | €7.86 Million ≈ $9.19 Million |
+53.83% |
| 2014-12-31 | €5.11 Million ≈ $5.97 Million |
-2.32% |
| 2013-12-31 | €5.23 Million ≈ $6.11 Million |
+159.97% |
| 2011-12-31 | €2.01 Million ≈ $2.35 Million |
+13.25% |
| 2010-12-31 | €1.78 Million ≈ $2.08 Million |
-20.55% |
| 2009-12-31 | €2.24 Million ≈ $2.61 Million |
-36.14% |
| 2008-12-31 | €3.50 Million ≈ $4.09 Million |
-30.13% |
| 2007-12-31 | €5.01 Million ≈ $5.86 Million |
+7.05% |
| 2006-12-31 | €4.68 Million ≈ $5.47 Million |
+4.98% |
| 2005-12-31 | €4.46 Million ≈ $5.21 Million |
+1615.00% |
| 2004-12-31 | €260.00K ≈ $303.97K |
-- |
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.
| Company | Market Cap |
|---|---|
|
Lancartama Sejati Tbk
JK:TAMA
|
$11.18 Million |
|
OPTHEA LTD
F:UKJ
|
$11.20 Million |
|
Income Asset Management Group Ltd
AU:IAM
|
$11.20 Million |
|
Turiya Bhd
KLSE:4359
|
$11.20 Million |
|
Admiralty Resources NL
AU:ADY
|
$11.16 Million |
|
AirIQ Inc
V:IQ
|
$11.16 Million |
|
Bhandari Hosiery Exports Limited
NSE:BHANDARI
|
$11.16 Million |
|
Sadbhav Infrastructure Project Limited
NSE:SADBHIN
|
$11.16 Million |
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: 0.64x
- 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 19.50x to 0.64x 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 | €2.66 | x |
| 2005-12-31 | €1.79 | €2.66 | x |
| 2006-12-31 | €1.52 | €2.66 | x |
| 2007-12-31 | €1.62 | €2.66 | x |
| 2008-12-31 | €1.14 | €2.66 | x |
| 2009-12-31 | €0.62 | €2.66 | x |
| 2010-12-31 | €0.50 | €2.66 | x |
| 2011-12-31 | €0.55 | €2.66 | x |
| 2012-12-31 | €0.66 | €2.66 | x |
| 2013-12-31 | €1.06 | €2.66 | x |
| 2014-12-31 | €1.32 | €2.66 | x |
| 2015-12-31 | €1.99 | €2.66 | x |
| 2016-12-31 | €2.80 | €2.66 | x |
| 2017-12-31 | €3.03 | €2.66 | x |
| 2018-12-31 | €2.93 | €2.66 | x |
| 2019-12-31 | €3.42 | €2.66 | x |
| 2020-12-31 | €3.93 | €2.66 | x |
| 2021-12-31 | €3.61 | €2.66 | x |
| 2022-12-31 | €4.15 | €2.66 | 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 | $11.17 Million |
| Covestro AG (1COV) | $5.25 Billion | 10.51% | 1.19x | $11.10 Billion |
| 2invest AG (2INV) | $82.61 Million | -2.29% | 0.06x | $70.69 Million |
| COINSHARES I. LS-000247 (3TW) | $304.77 Million | 19.41% | 10.42x | $472.53 Million |
| Adaptimmune Therapeutics plc (473A) | $202.98 Million | -34.55% | 0.39x | $42.94 Million |
| KINGMAN MINERALS LTD. (47A) | $1.17 Million | -63.86% | 0.49x | $267.57K |
| GENOR BIOPHARMA DL-00002 (67N0) | $1.81 Billion | -40.45% | 0.17x | $120.83 Million |
| Biotest Aktiengesellschaft (BIO) | $168.97 Million | 0.00% | 1.17x | $976.15 Million |
| Biotest Aktiengesellschaft (BIO3) | $253.37 Million | 11.10% | 1.34x | $656.94 Million |
| Bancolombia S.A (BXK) | $33.93 Trillion | 12.05% | 7.54x | $4.84 Billion |
| mVISE AG (C1V) | $3.44 Million | -64.81% | 3.31x | $10.43 Million |
About pferdewetten.de AG
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