Renk Group AG (R3NK) - Net Assets
Based on the latest financial reports, Renk Group AG (R3NK) has net assets worth €436.52 Million EUR (≈ $510.34 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€1.66 Billion ≈ $1.94 Billion USD) and total liabilities (€1.22 Billion ≈ $1.43 Billion 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 R3NK asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €436.52 Million |
| % of Total Assets | 26.36% |
| Annual Growth Rate | 21.9% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 18.28 |
Renk Group AG - Net Assets Trend (2020–2024)
This chart illustrates how Renk Group AG's net assets have evolved over time, based on quarterly financial data. Also explore Renk Group AG assets under control for the complete picture of this company's asset base.
Annual Net Assets for Renk Group AG (2020–2024)
The table below shows the annual net assets of Renk Group AG from 2020 to 2024. For live valuation and market cap data, see how much is Renk Group AG worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €446.67 Million ≈ $522.20 Million |
+10.59% |
| 2023-12-31 | €403.90 Million ≈ $472.20 Million |
+24.46% |
| 2022-12-31 | €324.51 Million ≈ $379.38 Million |
+5.26% |
| 2021-12-31 | €308.29 Million ≈ $360.43 Million |
+52.42% |
| 2020-12-31 | €202.26 Million ≈ $236.47 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Renk Group 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 15722400000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €134.91 Million | 30.60% |
| Common Stock | €100.00 Million | 22.68% |
| Other Comprehensive Income | €33.33 Million | 7.56% |
| Other Components | €172.67 Million | 39.16% |
| Total Equity | €440.91 Million | 100.00% |
Renk Group AG Competitors by Market Cap
The table below lists competitors of Renk Group AG ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Almonty Industries Inc
AU:AII
|
$5.90 Billion |
|
SHISEIDO CO. ADR
F:SHDA
|
$5.90 Billion |
|
Jiangsu Yoke Technology Co Ltd
SHE:002409
|
$5.90 Billion |
|
Warehouses de Pauw Comm VA
BR:WDP
|
$5.90 Billion |
|
Eldorado Gold Corp
TO:ELD
|
$5.89 Billion |
|
Australian Foundation Investment Company Ltd
AU:AFI
|
$5.89 Billion |
|
China Nuclear Engineering Co
SHG:601611
|
$5.88 Billion |
|
Life Time Group Holdings Inc
NYSE:LTH
|
$5.88 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Renk Group AG's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 403,817,000 to 440,914,000, a change of 37,097,000 (9.2%).
- Net income of 53,323,000 contributed positively to equity growth.
- Dividend payments of 30,022,000 reduced retained earnings.
- Other comprehensive income increased equity by 10,849,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €53.32 Million | +12.09% |
| Dividends Paid | €30.02 Million | -6.81% |
| Other Comprehensive Income | €10.85 Million | +2.46% |
| Other Changes | €2.95 Million | +0.67% |
| Total Change | €- | 9.19% |
Book Value vs Market Value Analysis
This analysis compares Renk Group 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: 12.25x
- 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 26.68x to 12.25x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | €2.02 | €53.97 | x |
| 2021-12-31 | €3.08 | €53.97 | x |
| 2022-12-31 | €3.25 | €53.97 | x |
| 2023-12-31 | €4.04 | €53.97 | x |
| 2024-12-31 | €4.40 | €53.97 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Renk Group 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): 12.09%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.68%
- • Asset Turnover: 0.72x
- • Equity Multiplier: 3.60x
- Recent ROE (12.09%) is above the historical average (2.95%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | -10.05% | -13.11% | 0.13x | 6.04x | €-40.55 Million |
| 2021 | -0.28% | -0.13% | 0.49x | 4.60x | €-31.71 Million |
| 2022 | 4.97% | 1.90% | 0.57x | 4.57x | €-16.33 Million |
| 2023 | 8.00% | 3.49% | 0.61x | 3.78x | €-8.07 Million |
| 2024 | 12.09% | 4.68% | 0.72x | 3.60x | €9.23 Million |
Industry Comparison
This section compares Renk Group AG's net assets metrics with peer companies in the Aerospace & Defense industry.
Industry Context
- Industry: Aerospace & Defense
- Average net assets among peers: $13,074,360,597
- Average return on equity (ROE) among peers: 1.02%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Renk Group AG (R3NK) | €436.52 Million | -10.05% | 2.79x | $5.90 Billion |
| CREOTECH INS.S.A. ZY -10 (5OB) | $91.37 Million | -15.70% | 0.89x | $407.03 Million |
| Airbus SE (AIRA) | $5.99 Billion | -22.74% | 18.10x | $133.51 Billion |
| AviChina Industry & Technology Company Limited (AVT) | $21.81 Billion | 3.27% | 1.34x | $2.64 Billion |
| Yangzijiang Shipbuilding (Holdings) Ltd (B8O) | $32.26 Billion | 26.78% | 0.81x | $10.48 Billion |
| BAE SYSTEMS ADR/4 LS-025 (BSPA) | $10.72 Billion | 17.32% | 1.99x | $76.97 Billion |
| Embraer S.A (EMY) | $4.18 Billion | 5.90% | 1.85x | $10.07 Billion |
| COSCO SHIPPING Development Co. Ltd. (EZ5) | $29.28 Billion | 4.81% | 3.30x | $468.50 Million |
| LEONARDO ADR 1/2/EO 440 (FMN) | $6.46 Billion | 9.08% | 3.40x | $33.03 Billion |
| CSSC Offshore & Marine Engineering (Group) Co Ltd (GSZ) | $19.61 Billion | 0.25% | 1.59x | $1.00 Billion |
| Hensoldt AG (HAG) | $346.80 Million | -18.80% | 7.50x | $9.67 Billion |
About Renk Group AG
RENK Group AG engages in the design, engineering, production, testing, and servicing of customized drive systems in Germany and internationally. The company operates through three segments: Vehicle Mobility Solutions, Marine & Industry, and Slide Bearings. It offers single and dual engine gearboxes; marine gearboxes, clutches, and bearings; shaft generators; hybrid and electric, and onboard power… Read more