Mutares SE & Co. KGaA
Mutares SE & Co. KGaA is a private equity firm specializing in investments in secondary direct, special situations, bridge financing, recapitalization, distressed/vulture, management succession, reorganization, carve-outs, turnarounds, spin-offs and re-funding. It also considers co-investments. The firm typically acquires small and medium-sized companies. It also focuses on platform and add-on ac… Read more
Mutares SE & Co. KGaA (MUX) - Net Assets
Latest net assets as of June 2025: €946.10 Million EUR
Based on the latest financial reports, Mutares SE & Co. KGaA (MUX) has net assets worth €946.10 Million EUR as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€5.27 Billion) and total liabilities (€4.33 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 | €946.10 Million |
| % of Total Assets | 17.94% |
| Annual Growth Rate | 45.01% |
| 5-Year Change | 224.18% |
| 10-Year Change | 816.71% |
| Growth Volatility | 661.39 |
Mutares SE & Co. KGaA - Net Assets Trend (2008–2024)
This chart illustrates how Mutares SE & Co. KGaA's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Mutares SE & Co. KGaA (2008–2024)
The table below shows the annual net assets of Mutares SE & Co. KGaA from 2008 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €671.70 Million | -40.01% |
| 2023-12-31 | €1.12 Billion | +56.78% |
| 2022-12-31 | €714.10 Million | -3.03% |
| 2021-12-31 | €736.40 Million | +255.41% |
| 2020-12-31 | €207.20 Million | -0.48% |
| 2019-12-31 | €208.20 Million | +0.05% |
| 2018-12-31 | €208.10 Million | +25.74% |
| 2017-12-31 | €165.50 Million | +189.44% |
| 2016-12-31 | €57.18 Million | -21.96% |
| 2015-12-31 | €73.27 Million | +44.64% |
| 2014-12-31 | €50.66 Million | +33.74% |
| 2013-12-31 | €37.88 Million | -24.12% |
| 2012-12-31 | €49.92 Million | +21.33% |
| 2011-12-31 | €41.14 Million | +28.46% |
| 2010-12-31 | €32.03 Million | -36.03% |
| 2009-12-31 | €50.07 Million | +2749.11% |
| 2008-12-31 | €1.76 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Mutares SE & Co. KGaA'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 96736.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €483.90 Million | 71.27% |
| Common Stock | €21.30 Million | 3.14% |
| Other Comprehensive Income | €32.10 Million | 4.73% |
| Other Components | €141.70 Million | 20.87% |
| Total Equity | €679.00 Million | 100.00% |
Mutares SE & Co. KGaA Competitors by Market Cap
The table below lists competitors of Mutares SE & Co. KGaA ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Ingram Micro Holding Corporation
NYSE:INGM
|
$491.62 Million |
|
Shanghai Hugong Elec(Group)
SHG:603131
|
$491.70 Million |
|
Shanghai Anoky Group
SHE:300067
|
$491.80 Million |
|
Rayonier Advanced Materials
NYSE:RYAM
|
$491.82 Million |
|
Vgi Partners Global Investments Ltd
AU:VG1
|
$491.32 Million |
|
Mcmillan Shakespeare Ltd
AU:MMS
|
$491.30 Million |
|
Arjo AB (publ)
PINK:ARRJF
|
$491.29 Million |
|
Maitri Health Technologies Corp
PINK:MHTCF
|
$491.23 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Mutares SE & Co. KGaA's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,069,300,000 to 679,000,000, a change of -390,300,000 (-36.5%).
- Net loss of 406,300,000 reduced equity.
- Dividend payments of 47,400,000 reduced retained earnings.
- Share repurchases of 14,900,000 reduced equity.
- New share issuances of 1,600,000 increased equity.
- Other comprehensive income increased equity by 23,000,000.
- Other factors increased equity by 53,700,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-406.30 Million | -59.84% |
| Dividends Paid | €47.40 Million | -6.98% |
| Share Repurchases | €14.90 Million | -2.19% |
| Share Issuances | €1.60 Million | +0.24% |
| Other Comprehensive Income | €23.00 Million | +3.39% |
| Other Changes | €53.70 Million | +7.91% |
| Total Change | €- | -36.50% |
Book Value vs Market Value Analysis
This analysis compares Mutares SE & Co. KGaA'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: 0.94x
- 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 426.03x to 0.94x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2008-12-31 | €0.07 | €29.90 | x |
| 2009-12-31 | €1.95 | €29.90 | x |
| 2010-12-31 | €2.63 | €29.90 | x |
| 2011-12-31 | €3.38 | €29.90 | x |
| 2012-12-31 | €4.10 | €29.90 | x |
| 2013-12-31 | €3.11 | €29.90 | x |
| 2014-12-31 | €3.62 | €29.90 | x |
| 2015-12-31 | €4.72 | €29.90 | x |
| 2016-12-31 | €3.66 | €29.90 | x |
| 2017-12-31 | €10.74 | €29.90 | x |
| 2018-12-31 | €11.78 | €29.90 | x |
| 2019-12-31 | €11.46 | €29.90 | x |
| 2020-12-31 | €11.81 | €29.90 | x |
| 2021-12-31 | €43.10 | €29.90 | x |
| 2022-12-31 | €34.55 | €29.90 | x |
| 2023-12-31 | €49.58 | €29.90 | x |
| 2024-12-31 | €31.91 | €29.90 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Mutares SE & Co. KGaA 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): -59.84%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -7.72%
- • Asset Turnover: 1.20x
- • Equity Multiplier: 6.44x
- Recent ROE (-59.84%) is below the historical average (17.32%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | 60.17% | 9.33% | 0.49x | 13.27x | €428.37K |
| 2009 | 17.14% | 6.69% | 0.58x | 4.45x | €1.69 Million |
| 2010 | 25.90% | 6.50% | 1.27x | 3.13x | €5.09 Million |
| 2011 | 20.97% | 5.42% | 1.07x | 3.61x | €4.51 Million |
| 2013 | -20.77% | -2.26% | 1.04x | 8.82x | €-11.66 Million |
| 2014 | 16.77% | 1.31% | 1.62x | 7.93x | €3.44 Million |
| 2015 | 10.91% | 1.16% | 1.65x | 5.70x | €663.06K |
| 2016 | 47.31% | 4.14% | 1.37x | 8.35x | €21.14 Million |
| 2017 | 26.56% | 4.91% | 1.34x | 4.04x | €27.56 Million |
| 2018 | 8.14% | 1.70% | 1.37x | 3.49x | €-3.37 Million |
| 2019 | 11.23% | 2.05% | 1.20x | 4.58x | €2.27 Million |
| 2020 | 14.24% | 1.71% | 1.19x | 6.97x | €8.07 Million |
| 2021 | 62.26% | 17.93% | 0.98x | 3.55x | €376.88 Million |
| 2022 | -0.94% | -0.18% | 1.24x | 4.25x | €-77.97 Million |
| 2023 | 37.14% | 8.47% | 1.08x | 4.07x | €290.17 Million |
| 2024 | -59.84% | -7.72% | 1.20x | 6.44x | €-474.20 Million |
Industry Comparison
This section compares Mutares SE & Co. KGaA's net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $23,105,982,113
- Average return on equity (ROE) among peers: -14.66%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Mutares SE & Co. KGaA (MUX) | €946.10 Million | 60.17% | 4.57x | $491.41 Million |
| China Cinda Asset Management Co., Ltd. (0CI) | $223.16 Billion | 1.36% | 6.34x | $1.17 Billion |
| Anima Holding SpA (124) | $1.26 Billion | 11.57% | 0.78x | $176.71 Million |
| tokentus investment AG (14D) | $2.19 Million | -21.54% | 0.09x | $8.13K |
| GOAT Industries Ltd. (26B) | $10.81 Million | -56.27% | 0.02x | $2.16K |
| Hunter Capital AB (publ) (2DD0) | $28.23 Million | -45.64% | 0.45x | $2.66 Million |
| ALDER RESOURCES VTG (2JA) | $12.56 Million | 2.19% | 0.94x | $6.72 Million |
| 3330 (3330) | $577.92K | -45.47% | 0.58x | $2.73 Million |
| Federated Hermes Inc (3KC) | $657.71 Million | 25.82% | 0.81x | $3.55 Billion |
| 47U0 (47U0) | $250.00 Million | 7.21% | 0.13x | $131.18 Million |
| MOH Nippon Plc (4HS) | $5.68 Billion | -25.84% | 0.11x | $2.82 Million |