Medion AG
Medion AG sells consumer electronics and digital services. The company provides notebooks, PC systems, monitors, smartphones, and tablets; smart home modules; and LCD televisions, Internet radios, and bluetooth speakers, as well as household and health products, and audio/video accessories. It also offers various services in the areas of telecommunications, such as mobile phone and photo services… Read more
Medion AG (MDN) - Net Assets
Latest net assets as of September 2024: €413.03 Million EUR
Based on the latest financial reports, Medion AG (MDN) has net assets worth €413.03 Million EUR as of September 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€687.11 Million) and total liabilities (€274.07 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 | €413.03 Million |
| % of Total Assets | 60.11% |
| Annual Growth Rate | 0.58% |
| 5-Year Change | 0.54% |
| 10-Year Change | 10.48% |
| Growth Volatility | 6.28 |
Medion AG - Net Assets Trend (2003–2024)
This chart illustrates how Medion 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 Medion AG (2003–2024)
The table below shows the annual net assets of Medion AG from 2003 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-03-31 | €411.54 Million | +0.74% |
| 2023-03-31 | €408.50 Million | -3.67% |
| 2022-03-31 | €424.08 Million | -0.38% |
| 2021-03-31 | €425.70 Million | +4.00% |
| 2020-03-31 | €409.33 Million | +2.31% |
| 2019-03-31 | €400.08 Million | +2.84% |
| 2018-03-31 | €389.03 Million | +3.49% |
| 2017-03-31 | €375.90 Million | +1.25% |
| 2016-03-31 | €371.26 Million | -0.33% |
| 2015-03-31 | €372.49 Million | +1.77% |
| 2014-03-31 | €366.03 Million | -0.53% |
| 2013-03-31 | €367.96 Million | -4.56% |
| 2012-03-31 | €385.55 Million | +1.89% |
| 2011-03-31 | €378.38 Million | +2.88% |
| 2010-03-31 | €367.77 Million | +3.49% |
| 2009-03-31 | €355.37 Million | -1.28% |
| 2008-03-31 | €359.96 Million | -1.70% |
| 2007-03-31 | €366.21 Million | -17.00% |
| 2006-03-31 | €441.22 Million | -3.25% |
| 2005-03-31 | €456.04 Million | +3.85% |
| 2004-03-31 | €439.11 Million | +20.36% |
| 2003-03-31 | €364.82 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Medion 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 48.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €267.03 Million | 64.88% |
| Common Stock | €48.42 Million | 11.77% |
| Other Comprehensive Income | €-2.84 Million | -0.69% |
| Other Components | €98.93 Million | 24.04% |
| Total Equity | €411.54 Million | 100.00% |
Medion AG Competitors by Market Cap
The table below lists competitors of Medion AG ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
BeLive Holdings Ordinary Share
NASDAQ:BLIV
|
$12.96 Million |
|
Delta Resources Ltd
PINK:DTARF
|
$12.97 Million |
|
Health & Life Co., Ltd.
TWO:1781
|
$12.97 Million |
|
Dish TV India Limited
PINK:DTTVY
|
$12.97 Million |
|
Malton Bhd
KLSE:6181
|
$12.96 Million |
|
Nordic LEVEL Group AB
ST:LEVEL
|
$12.96 Million |
|
HAMILTON GLB.OPP.LS-0001
F:5DS
|
$12.96 Million |
|
Xu Yuan Packaging Technology Co Ltd
TWO:8421
|
$12.95 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Medion AG's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 408,503,000 to 411,538,000, a change of 3,035,000 (0.7%).
- Net income of 17,065,000 contributed positively to equity growth.
- Other comprehensive income decreased equity by 576,000.
- Other factors decreased equity by 13,454,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €17.07 Million | +4.15% |
| Other Comprehensive Income | €-576.00K | -0.14% |
| Other Changes | €-13.45 Million | -3.27% |
| Total Change | €- | 0.74% |
Book Value vs Market Value Analysis
This analysis compares Medion 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: 1.59x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 1.94x to 1.59x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2003-03-31 | €7.54 | €14.60 | x |
| 2004-03-31 | €9.08 | €14.60 | x |
| 2005-03-31 | €9.42 | €14.60 | x |
| 2006-03-31 | €9.11 | €14.60 | x |
| 2007-03-31 | €7.56 | €14.60 | x |
| 2008-03-31 | €7.50 | €14.60 | x |
| 2009-03-31 | €7.73 | €14.60 | x |
| 2010-03-31 | €8.27 | €14.60 | x |
| 2011-03-31 | €8.48 | €14.60 | x |
| 2012-03-31 | €8.63 | €14.60 | x |
| 2013-03-31 | €8.24 | €14.60 | x |
| 2014-03-31 | €8.19 | €14.60 | x |
| 2015-03-31 | €8.34 | €14.60 | x |
| 2016-03-31 | €8.31 | €14.60 | x |
| 2017-03-31 | €8.41 | €14.60 | x |
| 2018-03-31 | €8.71 | €14.60 | x |
| 2019-03-31 | €8.95 | €14.60 | x |
| 2020-03-31 | €9.16 | €14.60 | x |
| 2021-03-31 | €9.53 | €14.60 | x |
| 2022-03-31 | €9.49 | €14.60 | x |
| 2023-03-31 | €9.14 | €14.60 | x |
| 2024-03-31 | €9.21 | €14.60 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Medion 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): 4.15%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.28%
- • Asset Turnover: 1.17x
- • Equity Multiplier: 1.56x
- Recent ROE (4.15%) is below the historical average (7.40%), 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 | 25.04% | 3.48% | 3.13x | 2.30x | €54.85 Million |
| 2004 | 23.48% | 3.53% | 2.98x | 2.24x | €59.20 Million |
| 2008 | 5.63% | 1.22% | 2.05x | 2.25x | €-15.72 Million |
| 2009 | 7.42% | 1.64% | 2.29x | 1.97x | €-9.16 Million |
| 2010 | 3.85% | 1.01% | 1.97x | 1.95x | €-22.62 Million |
| 2011 | 4.99% | 1.15% | 2.36x | 1.84x | €-18.96 Million |
| 2012 | 1.08% | 1.09% | 0.55x | 1.80x | €-34.38 Million |
| 2013 | 7.14% | 1.59% | 2.50x | 1.80x | €-10.52 Million |
| 2014 | 6.04% | 1.73% | 1.84x | 1.89x | €-14.48 Million |
| 2015 | 7.47% | 2.06% | 1.80x | 2.01x | €-9.44 Million |
| 2016 | 6.27% | 1.67% | 1.83x | 2.06x | €-13.84 Million |
| 2017 | 6.01% | 1.61% | 1.88x | 1.98x | €-15.01 Million |
| 2018 | 8.02% | 2.43% | 1.78x | 1.85x | €-7.69 Million |
| 2019 | 7.44% | 4.01% | 1.00x | 1.86x | €-10.24 Million |
| 2020 | 6.99% | 3.47% | 1.07x | 1.89x | €-12.34 Million |
| 2021 | 8.92% | 3.86% | 1.20x | 1.93x | €-4.58 Million |
| 2022 | 7.49% | 3.06% | 1.32x | 1.86x | €-10.64 Million |
| 2023 | -6.89% | -3.21% | 1.37x | 1.57x | €-69.00 Million |
| 2024 | 4.15% | 2.28% | 1.17x | 1.56x | €-24.09 Million |
Industry Comparison
This section compares Medion AG's net assets metrics with peer companies in the Consumer Electronics industry.
Industry Context
- Industry: Consumer Electronics
- Average net assets among peers: $12,055,516,841
- Average return on equity (ROE) among peers: 4.82%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Medion AG (MDN) | €413.03 Million | 25.04% | 0.66x | $12.96 Million |
| Maxell Holdings Ltd (0H2) | $83.60 Billion | -11.21% | 1.11x | $368.08 Million |
| B&C Speakers S.p.A (37B) | $46.21 Million | 30.28% | 0.87x | $69.79 Million |
| We.Connect SA (77P) | $36.13 Million | 17.59% | 2.74x | $12.78 Million |
| artec technologies AG (A6T) | $3.88 Million | 1.10% | 0.07x | $18.73K |
| Fujikon Industrial Holdings Limited (FUK) | $672.04 Million | 2.55% | 0.40x | $9.43 Million |
| TC Unterhaltungselektronik AG (TCU) | $506.08K | 20.27% | 2.03x | $34.60K |
| AB Snaige (ZS4) | $32.85 Million | -26.82% | 2.14x | $318.54K |