Hornbach Holding VZO O.N.
HORNBACH Holding AG & Co. KGaA, through its subsidiaries, develops and operates do-it-yourself (DIY) megastores with garden centers in Germany and other European countries. The company offers hardware/electrical, paint/wallpaper/flooring, construction materials/timber/prefabricated components, sanitary/tiles, and garden products. It also stocks and supplies various construction materials and tool… Read more
Hornbach Holding VZO O.N. (HBH) - Net Assets
Latest net assets as of November 2025: €2.19 Billion EUR
Based on the latest financial reports, Hornbach Holding VZO O.N. (HBH) has net assets worth €2.19 Billion EUR as of November 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€4.65 Billion) and total liabilities (€2.46 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 | €2.19 Billion |
| % of Total Assets | 47.06% |
| Annual Growth Rate | 4.62% |
| 5-Year Change | 14.76% |
| 10-Year Change | 52.48% |
| Growth Volatility | 12.52 |
Hornbach Holding VZO O.N. - Net Assets Trend (2000–2025)
This chart illustrates how Hornbach Holding VZO O.N.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Hornbach Holding VZO O.N. (2000–2025)
The table below shows the annual net assets of Hornbach Holding VZO O.N. from 2000 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-02-28 | €2.03 Billion | +4.38% |
| 2024-02-29 | €1.95 Billion | +2.69% |
| 2023-02-28 | €1.90 Billion | +7.71% |
| 2022-02-28 | €1.76 Billion | -0.60% |
| 2021-02-28 | €1.77 Billion | +10.46% |
| 2020-02-29 | €1.60 Billion | +6.45% |
| 2019-02-28 | €1.51 Billion | +3.02% |
| 2018-02-28 | €1.46 Billion | +4.66% |
| 2017-02-28 | €1.40 Billion | +4.81% |
| 2016-02-29 | €1.33 Billion | +5.77% |
| 2015-02-28 | €1.26 Billion | +8.31% |
| 2014-02-28 | €1.16 Billion | +6.28% |
| 2013-02-28 | €1.10 Billion | +5.19% |
| 2012-02-29 | €1.04 Billion | +8.20% |
| 2011-02-28 | €962.37 Million | +11.71% |
| 2010-02-28 | €861.46 Million | +10.38% |
| 2009-02-28 | €780.47 Million | +13.51% |
| 2008-02-29 | €687.56 Million | +9.19% |
| 2007-02-28 | €629.68 Million | +12.72% |
| 2006-02-28 | €558.61 Million | +4.23% |
| 2005-02-28 | €535.96 Million | +6.00% |
| 2004-02-29 | €505.63 Million | +2.64% |
| 2003-02-28 | €492.62 Million | +34.70% |
| 2002-02-28 | €365.72 Million | -47.05% |
| 2001-02-28 | €690.75 Million | +5.12% |
| 2000-02-29 | €657.11 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Hornbach Holding VZO O.N.'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 620.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (February 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €1.73 Billion | 88.29% |
| Common Stock | €47.99 Million | 2.45% |
| Other Components | €181.04 Million | 9.26% |
| Total Equity | €1.96 Billion | 100.00% |
Hornbach Holding VZO O.N. Competitors by Market Cap
The table below lists competitors of Hornbach Holding VZO O.N. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Jiangsu Changling Hydraulic Co. Ltd
SHG:605389
|
$665.65 Million |
|
LAR ESP.RE.EST.SOCIMI EO2
F:L8E
|
$665.68 Million |
|
Amphastar P
NASDAQ:AMPH
|
$665.68 Million |
|
Diagnósticos da América S.A
SA:DASA3
|
$665.76 Million |
|
Svolder AB (publ)
ST:SVOL-A
|
$665.59 Million |
|
JWIPC Technology Co Ltd
SHE:001339
|
$665.52 Million |
|
Xiamen Red Phase Instruments Inc
SHE:300427
|
$665.51 Million |
|
Shenandoah Telecommunications Co
NASDAQ:SHEN
|
$665.48 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hornbach Holding VZO O.N.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,847,980,000 to 1,955,338,000, a change of 107,358,000 (5.8%).
- Net income of 140,679,000 contributed positively to equity growth.
- Dividend payments of 39,917,000 reduced retained earnings.
- Other comprehensive income decreased equity by 1,669,520,000.
- Other factors increased equity by 1,676,116,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €140.68 Million | +7.19% |
| Dividends Paid | €39.92 Million | -2.04% |
| Other Comprehensive Income | €-1.67 Billion | -85.38% |
| Other Changes | €1.68 Billion | +85.72% |
| Total Change | €- | 5.81% |
Book Value vs Market Value Analysis
This analysis compares Hornbach Holding VZO O.N.'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: 0.67x
- 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 3.03x to 0.67x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2004-02-29 | €27.04 | €81.90 | x |
| 2005-02-28 | €28.31 | €81.90 | x |
| 2006-02-28 | €29.56 | €81.90 | x |
| 2007-02-28 | €32.98 | €81.90 | x |
| 2008-02-29 | €35.68 | €81.90 | x |
| 2009-02-28 | €40.33 | €81.90 | x |
| 2010-02-28 | €44.17 | €81.90 | x |
| 2011-02-28 | €49.37 | €81.90 | x |
| 2012-02-29 | €53.39 | €81.90 | x |
| 2013-02-28 | €56.32 | €81.90 | x |
| 2014-02-28 | €60.01 | €81.90 | x |
| 2015-02-28 | €65.18 | €81.90 | x |
| 2016-02-29 | €69.02 | €81.90 | x |
| 2017-02-28 | €72.49 | €81.90 | x |
| 2018-02-28 | €76.01 | €81.90 | x |
| 2019-02-28 | €78.48 | €81.90 | x |
| 2020-02-29 | €83.80 | €81.90 | x |
| 2021-02-28 | €92.44 | €81.90 | x |
| 2022-02-28 | €102.05 | €81.90 | x |
| 2023-02-28 | €111.10 | €81.90 | x |
| 2024-02-29 | €115.67 | €81.90 | x |
| 2025-02-28 | €122.38 | €81.90 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hornbach Holding VZO O.N. 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): 7.19%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.27%
- • Asset Turnover: 1.34x
- • Equity Multiplier: 2.36x
- Recent ROE (7.19%) is below the historical average (8.06%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2003 | 2.09% | 0.52% | 1.08x | 3.75x | €-33.35 Million |
| 2004 | 4.98% | 1.05% | 1.24x | 3.85x | €-21.72 Million |
| 2005 | 6.12% | 1.25% | 1.26x | 3.89x | €-17.56 Million |
| 2006 | 5.70% | 1.14% | 1.32x | 3.79x | €-20.34 Million |
| 2007 | 11.97% | 2.48% | 1.38x | 3.49x | €10.38 Million |
| 2008 | 8.40% | 1.83% | 1.38x | 3.33x | €-9.12 Million |
| 2009 | 14.15% | 3.32% | 1.38x | 3.09x | €26.76 Million |
| 2010 | 9.41% | 2.33% | 1.40x | 2.88x | €-4.14 Million |
| 2011 | 10.27% | 2.69% | 1.35x | 2.83x | €2.11 Million |
| 2012 | 8.94% | 2.38% | 1.41x | 2.65x | €-9.04 Million |
| 2013 | 7.21% | 2.01% | 1.42x | 2.52x | €-25.13 Million |
| 2014 | 7.57% | 2.16% | 1.43x | 2.46x | €-23.29 Million |
| 2015 | 8.65% | 2.53% | 1.47x | 2.33x | €-14.03 Million |
| 2016 | 7.30% | 2.15% | 1.40x | 2.43x | €-29.84 Million |
| 2017 | 6.68% | 1.96% | 1.49x | 2.28x | €-38.55 Million |
| 2018 | 6.72% | 1.97% | 1.55x | 2.19x | €-39.88 Million |
| 2019 | 5.20% | 1.50% | 1.45x | 2.40x | €-60.24 Million |
| 2020 | 7.84% | 2.22% | 1.26x | 2.81x | €-28.92 Million |
| 2021 | 11.19% | 3.03% | 1.36x | 2.71x | €17.56 Million |
| 2022 | 12.25% | 3.40% | 1.36x | 2.64x | €36.63 Million |
| 2023 | 8.85% | 2.51% | 1.33x | 2.66x | €-20.46 Million |
| 2024 | 6.77% | 2.03% | 1.38x | 2.42x | €-59.66 Million |
| 2025 | 7.19% | 2.27% | 1.34x | 2.36x | €-54.85 Million |
Industry Comparison
This section compares Hornbach Holding VZO O.N.'s net assets metrics with peer companies in the Home Improvement Retail industry.
Industry Context
- Industry: Home Improvement Retail
- Average net assets among peers: $1,670,350,000
- Average return on equity (ROE) among peers: 6.91%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hornbach Holding VZO O.N. (HBH) | €2.19 Billion | 2.09% | 1.12x | $665.59 Million |
| HORNBACH Baumarkt AG (HBM) | $1.67 Billion | 6.91% | 1.63x | $195.46 Million |