Scout24 AG (G24) - Net Assets
Based on the latest financial reports, Scout24 AG (G24) has net assets worth €1.33 Billion EUR (≈ $1.55 Billion USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€2.06 Billion ≈ $2.41 Billion USD) and total liabilities (€737.38 Million ≈ $862.07 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 how tangible is Scout24 AG's equity to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €1.33 Billion |
| % of Total Assets | 64.25% |
| Annual Growth Rate | 2.58% |
| 5-Year Change | -49.1% |
| 10-Year Change | 55.46% |
| Growth Volatility | 51.55 |
Scout24 AG - Net Assets Trend (2013–2024)
This chart illustrates how Scout24 AG's net assets have evolved over time, based on quarterly financial data. See G24 days of operational coverage to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Scout24 AG (2013–2024)
The table below shows the annual net assets of Scout24 AG from 2013 to 2024. For live valuation and market cap data, see G24 market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €1.43 Billion ≈ $1.67 Billion |
-1.05% |
| 2023-12-31 | €1.45 Billion ≈ $1.69 Billion |
+7.35% |
| 2022-12-31 | €1.35 Billion ≈ $1.58 Billion |
-23.97% |
| 2021-12-31 | €1.77 Billion ≈ $2.07 Billion |
-36.97% |
| 2020-12-31 | €2.81 Billion ≈ $3.29 Billion |
+166.99% |
| 2019-12-31 | €1.05 Billion ≈ $1.23 Billion |
-10.13% |
| 2018-12-31 | €1.17 Billion ≈ $1.37 Billion |
+10.07% |
| 2017-12-31 | €1.07 Billion ≈ $1.25 Billion |
+7.54% |
| 2016-12-31 | €990.77 Million ≈ $1.16 Billion |
+7.54% |
| 2015-12-31 | €921.33 Million ≈ $1.08 Billion |
-13.10% |
| 2014-12-31 | €1.06 Billion ≈ $1.24 Billion |
-2.04% |
| 2013-12-31 | €1.08 Billion ≈ $1.27 Billion |
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Equity Component Analysis
This analysis shows how different components contribute to Scout24 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 132256600000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €1.30 Billion | 90.83% |
| Common Stock | €75.00 Million | 5.24% |
| Other Comprehensive Income | €848.00K | 0.06% |
| Other Components | €55.54 Million | 3.88% |
| Total Equity | €1.43 Billion | 100.00% |
Scout24 AG Competitors by Market Cap
The table below lists competitors of Scout24 AG ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Meritage Corporation
NYSE:MTH
|
$4.96 Billion |
|
Alkermes plc
F:8AK
|
$4.96 Billion |
|
Zhejiang CFMoto Power Co Ltd
SHG:603129
|
$4.96 Billion |
|
United Plantations Bhd
KLSE:2089
|
$4.97 Billion |
|
Shenzhen Zhongjin Lingnan Nonfemet Co Ltd
SHE:000060
|
$4.96 Billion |
|
Trina Solar Co Ltd
SHG:688599
|
$4.96 Billion |
|
Firefly Aerospace Inc. Common Stock
NASDAQ:FLY
|
$4.96 Billion |
|
Shenzhen Salubris Pharmaceuticals Co Ltd
SHE:002294
|
$4.96 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Scout24 AG's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,447,214,000 to 1,432,336,000, a change of -14,878,000 (-1.0%).
- Net income of 162,104,000 contributed positively to equity growth.
- Dividend payments of 88,123,000 reduced retained earnings.
- Share repurchases of 74,889,000 reduced equity.
- New share issuances of 905,000 increased equity.
- Other comprehensive income decreased equity by 86,000.
- Other factors decreased equity by 14,789,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €162.10 Million | +11.32% |
| Dividends Paid | €88.12 Million | -6.15% |
| Share Repurchases | €74.89 Million | -5.23% |
| Share Issuances | €905.00K | +0.06% |
| Other Comprehensive Income | €-86.00K | -0.01% |
| Other Changes | €-14.79 Million | -1.03% |
| Total Change | €- | -1.03% |
Book Value vs Market Value Analysis
This analysis compares Scout24 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: 3.91x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has increased from 2.44x to 3.91x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-12-31 | €31.33 | €76.50 | x |
| 2015-12-31 | €9.03 | €76.50 | x |
| 2016-12-31 | €9.20 | €76.50 | x |
| 2017-12-31 | €9.89 | €76.50 | x |
| 2018-12-31 | €10.89 | €76.50 | x |
| 2019-12-31 | €9.83 | €76.50 | x |
| 2020-12-31 | €27.54 | €76.50 | x |
| 2021-12-31 | €20.14 | €76.50 | x |
| 2022-12-31 | €17.33 | €76.50 | x |
| 2023-12-31 | €19.64 | €76.50 | x |
| 2024-12-31 | €19.58 | €76.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Scout24 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): 11.32%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 28.62%
- • Asset Turnover: 0.27x
- • Equity Multiplier: 1.45x
- Recent ROE (11.32%) is above the historical average (6.16%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | -8.57% | -85.62% | 0.05x | 2.05x | €-201.03 Million |
| 2014 | -2.51% | -7.58% | 0.16x | 2.07x | €-132.47 Million |
| 2015 | 6.24% | 14.59% | 0.18x | 2.36x | €-34.62 Million |
| 2016 | 6.78% | 15.19% | 0.21x | 2.15x | €-31.93 Million |
| 2017 | 10.41% | 23.12% | 0.22x | 2.01x | €4.35 Million |
| 2018 | 14.02% | 30.92% | 0.22x | 2.10x | €47.15 Million |
| 2019 | 6.03% | 18.16% | 0.14x | 2.31x | €-41.87 Million |
| 2020 | 3.64% | 28.95% | 0.10x | 1.25x | €-178.96 Million |
| 2021 | 5.10% | 23.26% | 0.16x | 1.37x | €-86.86 Million |
| 2022 | 9.16% | 27.60% | 0.24x | 1.39x | €-11.32 Million |
| 2023 | 12.35% | 35.12% | 0.25x | 1.40x | €34.06 Million |
| 2024 | 11.32% | 28.62% | 0.27x | 1.45x | €18.87 Million |
Industry Comparison
This section compares Scout24 AG's net assets metrics with peer companies in the Internet Content & Information industry.
Industry Context
- Industry: Internet Content & Information
- Average net assets among peers: $165,355,866,000
- Average return on equity (ROE) among peers: 5.72%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Scout24 AG (G24) | €1.33 Billion | -8.57% | 0.56x | $4.96 Billion |
| TIAN GE INT.HLDGS DL-0001 (04T) | $2.25 Billion | -5.98% | 0.14x | $82.36 Million |
| CHEET.M.ADR 50 NEW (0C9) | $2.66 Billion | -22.66% | 1.12x | $54.27 Million |
| Fiverr International Ltd (11V) | $345.40 Million | -4.29% | 1.49x | $307.56 Million |
| HELL.UNSP.ADR A1 DL-0001 (1MO) | $11.08 Billion | 7.25% | 0.24x | $718.04 Million |
| PHOENIX NEW MED.ADR 1/48 (1PX) | $1.39 Billion | -14.81% | 0.73x | $9.09 Million |
| RECRUIT HLD.UNSP.ADR/02 (1RHA) | $1.63 Trillion | 25.10% | 0.70x | $41.23 Billion |
| AUTO TRADER ADR 1/4 LS-01 (2UA0) | $552.30 Million | 46.51% | 0.19x | $4.85 Billion |
| Opera Limited (2V8) | $775.46 Million | 4.53% | 0.06x | $1.42 Billion |
| WEIBO CORP. A (2WB) | $3.52 Billion | 9.74% | 1.07x | $1.18 Billion |
| Weibo Corporation (2WBA) | $3.62 Billion | 11.83% | 1.08x | $1.17 Billion |
About Scout24 AG
Scout24 SE operates ImmoScout24, a digital platform for the residential and commercial real estate sectors in Germany and internationally. The company operates through Professional and Private segments. It offers Pay-per-ad, a placement of property listings, and Realtor Lead Engine (RLE) for selling real estate; Mortgage Lead Engine; CRM software solutions for real estate agents; and ESG energy p… Read more