Gesco AG (GSC1) - Net Assets

Latest as of March 2026: €276.03 Million EUR ≈ $322.71 Million USD

Based on the latest financial reports, Gesco AG (GSC1) has net assets worth €276.03 Million EUR (≈ $322.71 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€455.01 Million ≈ $531.95 Million USD) and total liabilities (€178.97 Million ≈ $209.24 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 Gesco AG's equity to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	€276.03 Million
% of Total Assets	60.67%
Annual Growth Rate	8.79%
5-Year Change	6.6%
10-Year Change	27.34%
Growth Volatility	12.56

Gesco AG - Net Assets Trend (2001–2025)

This chart illustrates how Gesco AG's net assets have evolved over time, based on quarterly financial data. See defensive interval ratio of Gesco AG to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Gesco AG (2001–2025)

The table below shows the annual net assets of Gesco AG from 2001 to 2025. For live valuation and market cap data, see Gesco AG stock valuation.

Year	Net Assets	Change
2025-12-31	€272.62 Million ≈ $318.72 Million	+0.94%
2024-12-31	€270.09 Million ≈ $315.76 Million	-2.73%
2023-12-31	€277.65 Million ≈ $324.61 Million	+1.07%
2022-12-31	€274.71 Million ≈ $321.16 Million	+7.42%
2021-12-31	€255.73 Million ≈ $298.98 Million	+12.28%
2020-12-31	€227.77 Million ≈ $266.29 Million	-9.41%
2019-12-31	€251.42 Million ≈ $293.94 Million	+2.93%
2018-12-31	€244.26 Million ≈ $285.57 Million	+8.92%
2017-12-31	€224.26 Million ≈ $262.19 Million	+4.75%
2016-12-31	€214.09 Million ≈ $250.30 Million	+9.36%
2015-12-31	€195.77 Million ≈ $228.88 Million	+7.10%
2014-12-31	€182.80 Million ≈ $213.72 Million	+3.51%
2013-12-31	€176.60 Million ≈ $206.47 Million	+6.07%
2012-12-31	€166.50 Million ≈ $194.66 Million	+7.49%
2011-12-31	€154.89 Million ≈ $181.08 Million	+35.44%
2010-12-31	€114.36 Million ≈ $133.70 Million	+8.74%
2009-12-31	€105.17 Million ≈ $122.96 Million	+1.83%
2008-12-31	€103.28 Million ≈ $120.75 Million	+14.96%
2007-12-31	€89.84 Million ≈ $105.04 Million	+25.55%
2006-12-31	€71.56 Million ≈ $83.66 Million	+37.66%
2005-12-31	€51.98 Million ≈ $60.77 Million	+24.13%
2004-12-31	€41.88 Million ≈ $48.96 Million	+19.15%
2003-12-31	€35.15 Million ≈ $41.09 Million	+19.37%
2002-12-31	€29.44 Million ≈ $34.42 Million	-18.45%
2001-12-31	€36.11 Million ≈ $42.21 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Gesco 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 20009000000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	€200.09 Million	74.80%
Common Stock	€10.37 Million	3.88%
Other Comprehensive Income	€-7.38 Million	-2.76%
Other Components	€64.41 Million	24.08%
Total Equity	€267.50 Million	100.00%

Gesco AG Competitors by Market Cap

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

Company	Market Cap
Zapata Computing Holdings Inc. Common Stock NASDAQ:ZPTA	$142.81 Million
Orient Green Power Company Limited NSE:GREENPOWER	$142.84 Million
Meghmani Organics Limited NSE:MOL	$142.85 Million
Quanterix Corp NASDAQ:QTRX	$142.94 Million
Adi Sarana Armada Tbk JK:ASSA	$142.75 Million
Nekkar Asa OL:NKR	$142.74 Million
Suheung Capsul KO:008490	$142.72 Million
Amulaire Thermal Technology TW:2241	$142.70 Million

Equity Growth Attribution

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

Equity Growth Insights

From 2024 to 2025, total equity changed from 264,349,000 to 267,495,999, a change of 3,146,999 (1.2%).
Net income of 9,928,000 contributed positively to equity growth.
Dividend payments of 1,034,999 reduced retained earnings.
Other comprehensive income decreased equity by 4,531,000.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	€9.93 Million	+3.71%
Dividends Paid	€1.03 Million	-0.39%
Other Comprehensive Income	€-4.53 Million	-1.69%
Other Changes	€-1.22 Million	-0.45%
Total Change	€-	1.19%

Book Value vs Market Value Analysis

This analysis compares Gesco 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: 0.52x
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 2.89x to 0.52x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2001-12-31	€4.64	€13.40	x
2002-12-31	€3.39	€13.40	x
2003-12-31	€4.45	€13.40	x
2004-12-31	€4.75	€13.40	x
2005-12-31	€6.30	€13.40	x
2006-12-31	€8.66	€13.40	x
2007-12-31	€8.89	€13.40	x
2008-12-31	€10.11	€13.40	x
2009-12-31	€10.95	€13.40	x
2010-12-31	€11.99	€13.40	x
2011-12-31	€15.85	€13.40	x
2012-12-31	€15.54	€13.40	x
2013-12-31	€16.46	€13.40	x
2014-12-31	€16.88	€13.40	x
2015-12-31	€18.07	€13.40	x
2016-12-31	€19.90	€13.40	x
2017-12-31	€19.34	€13.40	x
2018-12-31	€21.21	€13.40	x
2019-12-31	€21.77	€13.40	x
2020-12-31	€19.90	€13.40	x
2021-12-31	€22.44	€13.40	x
2022-12-31	€24.41	€13.40	x
2023-12-31	€25.09	€13.40	x
2024-12-31	€25.16	€13.40	x
2025-12-31	€25.83	€13.40	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Gesco 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): 3.71%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 2.01%
• Asset Turnover: 1.10x
• Equity Multiplier: 1.69x
Recent ROE (3.71%) is below the historical average (10.17%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2001	8.57%	1.82%	1.20x	3.91x	€-490.11K
2002	-12.73%	-2.01%	1.14x	5.55x	€-5.67 Million
2003	12.92%	2.40%	1.28x	4.21x	€948.60K
2004	17.54%	3.24%	1.33x	4.09x	€2.68 Million
2006	19.93%	5.11%	1.32x	2.96x	€7.10 Million
2007	22.19%	5.21%	1.45x	2.93x	€9.82 Million
2008	25.88%	6.26%	1.46x	2.84x	€14.54 Million
2009	9.66%	3.45%	1.13x	2.49x	€-335.10K
2010	15.13%	4.90%	1.29x	2.40x	€5.57 Million
2011	15.57%	5.42%	1.29x	2.22x	€8.06 Million
2012	13.53%	4.75%	1.23x	2.31x	€5.45 Million
2013	11.04%	4.00%	1.19x	2.31x	€1.70 Million
2014	7.34%	2.74%	1.12x	2.40x	€-4.48 Million
2015	8.96%	3.26%	1.20x	2.28x	€-1.88 Million
2016	3.97%	1.64%	1.10x	2.21x	€-12.00 Million
2017	7.69%	2.94%	1.20x	2.18x	€-4.85 Million
2018	9.83%	3.93%	1.13x	2.22x	€-392.30K
2019	7.00%	3.49%	0.92x	2.19x	€-7.07 Million
2020	3.19%	1.73%	1.02x	1.81x	€-14.68 Million
2021	11.04%	5.50%	1.09x	1.85x	€2.54 Million
2022	12.78%	5.81%	1.23x	1.79x	€7.36 Million
2023	7.69%	3.72%	1.20x	1.73x	€-6.29 Million
2024	1.68%	0.86%	1.19x	1.64x	€-22.00 Million
2025	3.71%	2.01%	1.10x	1.69x	€-16.82 Million

Industry Comparison

This section compares Gesco AG's net assets metrics with peer companies in the Specialty Industrial Machinery industry.

Industry Context

Industry: Specialty Industrial Machinery
Average net assets among peers: $10,910,985,926
Average return on equity (ROE) among peers: 12.11%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Gesco AG (GSC1)	€276.03 Million	8.57%	0.65x	$142.80 Million
DB ENERGY S.A. ZY -10 (0CJ)	$32.52 Million	9.20%	2.05x	$6.87 Million
MORIMATSU INT.H.C. (HK) (1S5)	$4.39 Billion	19.24%	1.03x	$983.88 Million
2G Energy AG (2GB)	$78.31 Million	15.29%	0.87x	$670.96 Million
Eaton Corporation PLC (3EC)	$16.13 Billion	13.70%	1.03x	$131.40 Billion
M+S HIDRAVLIK AD BW 1 (8Q3)	$88.06 Million	22.01%	0.29x	$197.17 Million
MERUS POWER OYJ EO 1 (99H)	$10.40 Million	-10.72%	1.77x	$35.09 Million
Aumann AG (AAG)	$203.16 Million	5.41%	0.61x	$174.31 Million
Atlas Copco A ADR (ACO)	$80.03 Billion	29.34%	1.15x	$64.34 Billion
ATS CORP. (ATO0)	$1.13 Billion	11.27%	2.13x	$2.74 Billion
Chongqing Machinery & Electric Co. Ltd (CE3)	$7.02 Billion	6.32%	1.19x	$365.29 Million

About Gesco AG

XETRA:GSC1 Germany Specialty Industrial Machinery

Market Cap

$162.11 Million

€138.66 Million EUR

Market Cap Rank

#17911 Global

#1669 in Germany

Share Price

€13.40

Change (1 day)

+0.75%

52-Week Range

€13.20 - €18.25

All Time High

€30.07