Netfonds AG (NF4) - Net Assets
Based on the latest financial reports, Netfonds AG (NF4) has net assets worth €25.92 Million EUR (≈ $30.30 Million USD) as of December 2024. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€109.16 Million ≈ $127.62 Million USD) and total liabilities (€83.24 Million ≈ $97.32 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 NF4 financial resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €25.92 Million |
| % of Total Assets | 23.75% |
| Annual Growth Rate | 23.66% |
| 5-Year Change | 86.54% |
| 10-Year Change | N/A |
| Growth Volatility | 33.43 |
Netfonds AG - Net Assets Trend (2016–2024)
This chart illustrates how Netfonds AG's net assets have evolved over time, based on quarterly financial data. Also explore Netfonds AG assets under control for the complete picture of this company's asset base.
Annual Net Assets for Netfonds AG (2016–2024)
The table below shows the annual net assets of Netfonds AG from 2016 to 2024. For live valuation and market cap data, see Netfonds AG (NF4) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €25.92 Million ≈ $30.30 Million |
+20.83% |
| 2023-12-31 | €21.45 Million ≈ $25.08 Million |
-4.38% |
| 2022-12-31 | €22.43 Million ≈ $26.23 Million |
+1.22% |
| 2021-12-31 | €22.16 Million ≈ $25.91 Million |
+59.50% |
| 2020-12-31 | €13.90 Million ≈ $16.25 Million |
+29.65% |
| 2019-12-31 | €10.72 Million ≈ $12.53 Million |
-6.70% |
| 2018-12-31 | €11.49 Million ≈ $13.43 Million |
+97.97% |
| 2017-12-31 | €5.80 Million ≈ $6.78 Million |
+22.44% |
| 2016-12-31 | €4.74 Million ≈ $5.54 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Netfonds 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 607.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €8.53 Million | 38.06% |
| Common Stock | €2.33 Million | 10.41% |
| Other Components | €11.55 Million | 51.53% |
| Total Equity | €22.42 Million | 100.00% |
Netfonds AG Competitors by Market Cap
The table below lists competitors of Netfonds AG ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Darya-Varia Laboratoria Tbk
JK:DVLA
|
$105.33 Million |
|
Hanil Feed Co. Ltd
KQ:005860
|
$105.34 Million |
|
Hurriyet Gazetecilik ve Matbaacilik AS
IS:HURGZ
|
$105.41 Million |
|
Americas Car-Mart Inc
NASDAQ:CRMT
|
$105.43 Million |
|
Geodrill Ltd
F:7GD
|
$105.31 Million |
|
AleAnna, Inc. Class A Common Stock
NASDAQ:ANNA
|
$105.31 Million |
|
Clarus Corp
NASDAQ:CLAR
|
$105.22 Million |
|
Scully Royalty Ltd
NYSE:SRL
|
$105.21 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Netfonds AG's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 20,660,428 to 22,421,000, a change of 1,760,572 (8.5%).
- Net income of 2,598,000 contributed positively to equity growth.
- Share repurchases of 742,000 reduced equity.
- New share issuances of 713,000 increased equity.
- Other comprehensive income decreased equity by 10,841,074.
- Other factors increased equity by 10,032,646.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €2.60 Million | +11.59% |
| Share Repurchases | €742.00K | -3.31% |
| Share Issuances | €713.00K | +3.18% |
| Other Comprehensive Income | €-10.84 Million | -48.35% |
| Other Changes | €10.03 Million | +44.75% |
| Total Change | €- | 8.52% |
Book Value vs Market Value Analysis
This analysis compares Netfonds 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: 8.25x
- 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 decreased from 40.20x to 8.25x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | €1.98 | €79.50 | x |
| 2017-12-31 | €3.42 | €79.50 | x |
| 2018-12-31 | €5.50 | €79.50 | x |
| 2019-12-31 | €5.15 | €79.50 | x |
| 2020-12-31 | €6.29 | €79.50 | x |
| 2021-12-31 | €9.89 | €79.50 | x |
| 2022-12-31 | €10.00 | €79.50 | x |
| 2023-12-31 | €8.89 | €79.50 | x |
| 2024-12-31 | €9.63 | €79.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Netfonds 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): 11.59%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.09%
- • Asset Turnover: 2.19x
- • Equity Multiplier: 4.87x
- Recent ROE (11.59%) is above the historical average (8.47%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 15.19% | 0.90% | 3.21x | 5.23x | €216.83K |
| 2017 | 19.30% | 1.11% | 3.31x | 5.26x | €458.77K |
| 2018 | -6.24% | -0.77% | 2.26x | 3.60x | €-1.87 Million |
| 2019 | -2.64% | -0.25% | 2.03x | 5.18x | €-1.37 Million |
| 2020 | -0.11% | -0.01% | 1.94x | 5.40x | €-1.41 Million |
| 2021 | 38.31% | 4.11% | 2.97x | 3.13x | €6.21 Million |
| 2022 | 3.84% | 0.48% | 2.77x | 2.88x | €-1.36 Million |
| 2023 | -3.01% | -0.32% | 2.69x | 3.50x | €-2.69 Million |
| 2024 | 11.59% | 1.09% | 2.19x | 4.87x | €355.90K |
Industry Comparison
This section compares Netfonds AG's net assets metrics with peer companies in the Financial Conglomerates industry.
Industry Context
- Industry: Financial Conglomerates
- Average net assets among peers: $529,344,450,908
- Average return on equity (ROE) among peers: 11.67%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Netfonds AG (NF4) | €25.92 Million | 15.19% | 3.21x | $105.32 Million |
| GEORGIA CAPITAL LS 001 (2IX) | $3.38 Billion | 18.01% | 0.00x | $1.47 Billion |
| AMP Limited (AMP) | $4.17 Billion | 9.28% | 7.38x | $2.03 Billion |
| China Galaxy Securities Co Ltd (CGL) | $102.62 Billion | 7.57% | 5.09x | $3.82 Billion |
| JDC Group AG (JDC) | $46.96 Million | 13.62% | 4.79x | $257.61K |
| Orix Corp Ads (OIXA) | $3.07 Trillion | 9.89% | 3.26x | $32.07 Billion |
| ÖKOWORLD AG (VVV3) | $13.32 Million | 11.62% | 0.38x | $92.17 Million |
About Netfonds AG
Netfonds AG, together with its subsidiaries, provides advisory services for the financial and insurance sectors in Germany. The company offers traditional asset management for private clients; and portfolio management of investment funds. It also operates a B2B platform in the finance and insurance sectors; and as a B2B2C service provider. In addition, the company provides billing model services … Read more