Smartbroker Holding AG Net Assets
Smartbroker Holding AG net assets. Based on the latest financial reports, Smartbroker Holding AG (SB1) has net assets worth €38.78 Million EUR (≈ $45.34 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€52.81 Million ≈ $61.74 Million USD) and total liabilities (€14.03 Million ≈ $16.40 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. Also explore Smartbroker Holding AG (SB1) equity growth momentum to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €38.78 Million |
| % of Total Assets | 73.44% |
| Annual Growth Rate | 18.52% |
| 5-Year Change | -21.66% |
| 10-Year Change | 2040.53% |
| Growth Volatility | 187.07 |
Net Assets of Smartbroker Holding AG (2005–2025)
Net assets of Smartbroker Holding AG from 2005 to 2025. This chart illustrates how Smartbroker Holding AG's net assets have evolved over time, based on quarterly financial data. See Smartbroker Holding AG (SB1) net asset quality to measure how much of total assets are equity-financed.
Annual Net Assets for Smartbroker Holding AG (2005–2025)
The table below shows the annual net assets of Smartbroker Holding AG from 2005 to 2025. For live market cap and overall valuation, see SB1 market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | €38.78 Million ≈ $45.34 Million |
-21.06% |
| 2024-12-31 | €49.12 Million ≈ $57.43 Million |
+14.11% |
| 2023-12-31 | €43.05 Million ≈ $50.33 Million |
-12.91% |
| 2022-12-31 | €49.43 Million ≈ $57.79 Million |
-0.15% |
| 2021-12-31 | €49.50 Million ≈ $57.88 Million |
+62.27% |
| 2020-12-31 | €30.51 Million ≈ $35.67 Million |
+12.38% |
| 2019-12-31 | €27.15 Million ≈ $31.74 Million |
+40.58% |
| 2018-12-31 | €19.31 Million ≈ $22.58 Million |
+840.13% |
| 2017-12-31 | €2.05 Million ≈ $2.40 Million |
+13.37% |
| 2016-12-31 | €1.81 Million ≈ $2.12 Million |
+11.17% |
| 2015-12-31 | €1.63 Million ≈ $1.91 Million |
+4.98% |
| 2014-12-31 | €1.55 Million ≈ $1.81 Million |
-4.09% |
| 2013-12-31 | €1.62 Million ≈ $1.89 Million |
-12.35% |
| 2012-12-31 | €1.85 Million ≈ $2.16 Million |
-28.92% |
| 2011-12-31 | €2.60 Million ≈ $3.04 Million |
+14.10% |
| 2010-12-31 | €2.28 Million ≈ $2.66 Million |
-22.17% |
| 2009-12-31 | €2.93 Million ≈ $3.42 Million |
-41.16% |
| 2008-12-31 | €4.97 Million ≈ $5.81 Million |
+3.86% |
| 2007-12-31 | €4.79 Million ≈ $5.60 Million |
+18.88% |
| 2006-12-31 | €4.03 Million ≈ $4.71 Million |
+210.85% |
| 2005-12-31 | €1.30 Million ≈ $1.51 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Smartbroker Holding 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 decreased by 332348200.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Smartbroker Holding AG Net Assets Breakdown (December 2025)
Smartbroker Holding AG net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | €16.78 Million | 43.27% |
| Other Comprehensive Income | €188.00K | 0.48% |
| Other Components | €45.27 Million | 116.74% |
| Total Equity | €38.78 Million | 100.00% |
Smartbroker Holding AG Competitors by Market Cap
The table below lists competitors of Smartbroker Holding AG ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Inclusio Sca
BR:INCLU
|
$133.60 Million |
|
Companhia Estadual de Distribuição de Energia Elétrica
SA:CEED3
|
$133.61 Million |
|
Acusensus Ltd
AU:ACE
|
$133.64 Million |
|
Gozde Girisim Sermayesi Yatirim Ortakligi AS
IS:GOZDE
|
$133.66 Million |
|
Biosyent Inc.
V:RX
|
$133.46 Million |
|
American Eagle Gold Corp
V:AE
|
$133.41 Million |
|
Cash Converters International
AU:CCV
|
$133.41 Million |
|
General de Alquiler de Maquinaria SA
MC:GAM
|
$133.40 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Smartbroker Holding AG's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 49,151,000 to 38,780,000, a change of -10,371,000 (-21.1%).
- Net loss of 10,559,000 reduced equity.
- Other comprehensive income increased equity by 188,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-10.56 Million | -27.23% |
| Other Comprehensive Income | €188.00K | +0.48% |
| Total Change | €- | -21.10% |
Book Value vs Market Value Analysis
This analysis compares Smartbroker Holding 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: 3.49x
- 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 52.92x to 3.49x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-12-31 | €0.15 | €8.06 | x |
| 2006-12-31 | €0.47 | €8.06 | x |
| 2007-12-31 | €0.56 | €8.06 | x |
| 2008-12-31 | €0.58 | €8.06 | x |
| 2009-12-31 | €0.34 | €8.06 | x |
| 2010-12-31 | €0.27 | €8.06 | x |
| 2011-12-31 | €0.31 | €8.06 | x |
| 2012-12-31 | €0.22 | €8.06 | x |
| 2013-12-31 | €0.20 | €8.06 | x |
| 2014-12-31 | €0.19 | €8.06 | x |
| 2015-12-31 | €0.20 | €8.06 | x |
| 2016-12-31 | €0.22 | €8.06 | x |
| 2017-12-31 | €0.25 | €8.06 | x |
| 2018-12-31 | €1.45 | €8.06 | x |
| 2019-12-31 | €1.89 | €8.06 | x |
| 2020-12-31 | €2.10 | €8.06 | x |
| 2021-12-31 | €3.25 | €8.06 | x |
| 2022-12-31 | €3.15 | €8.06 | x |
| 2023-12-31 | €2.75 | €8.06 | x |
| 2024-12-31 | €2.93 | €8.06 | x |
| 2025-12-31 | €2.31 | €8.06 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Smartbroker Holding 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): -27.23%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -15.46%
- • Asset Turnover: 1.29x
- • Equity Multiplier: 1.36x
- Recent ROE (-27.23%) is below the historical average (6.29%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 58.00% | 29.00% | 0.99x | 2.01x | €621.86K |
| 2006 | 68.77% | 32.93% | 1.48x | 1.41x | €2.33 Million |
| 2007 | 8.94% | 5.08% | 1.28x | 1.37x | €-50.82K |
| 2008 | 3.71% | 4.10% | 0.77x | 1.18x | €-312.61K |
| 2009 | -69.97% | -66.21% | 0.82x | 1.28x | €-2.34 Million |
| 2010 | -28.49% | -29.55% | 0.85x | 1.14x | €-876.31K |
| 2011 | 12.36% | 17.19% | 0.66x | 1.09x | €61.23K |
| 2012 | 6.82% | 6.50% | 0.64x | 1.63x | €-58.63K |
| 2013 | 4.86% | 3.40% | 1.07x | 1.33x | €-83.27K |
| 2014 | -4.26% | -2.79% | 1.36x | 1.13x | €-221.43K |
| 2015 | 4.74% | 3.00% | 1.38x | 1.15x | €-85.72K |
| 2016 | 10.05% | 6.33% | 1.39x | 1.14x | €893.90 |
| 2017 | 86.46% | 34.02% | 1.07x | 2.37x | €1.57 Million |
| 2018 | 16.73% | 39.34% | 0.40x | 1.08x | €1.30 Million |
| 2019 | 7.00% | 21.82% | 0.24x | 1.33x | €-814.44K |
| 2020 | 11.92% | 26.20% | 0.27x | 1.66x | €578.88K |
| 2021 | -1.14% | -1.15% | 0.65x | 1.54x | €-5.47 Million |
| 2022 | -20.43% | -19.12% | 0.71x | 1.50x | €-15.03 Million |
| 2023 | -13.87% | -12.84% | 0.73x | 1.48x | €-10.28 Million |
| 2024 | -2.82% | -2.41% | 0.91x | 1.29x | €-6.30 Million |
| 2025 | -27.23% | -15.46% | 1.29x | 1.36x | €-14.44 Million |
Industry Comparison
This section compares Smartbroker Holding AG's net assets metrics with peer companies in the Financial Data & Stock Exchanges industry.
Industry Context
- Industry: Financial Data & Stock Exchanges
- Average net assets among peers: $59,669,454,000
- Average return on equity (ROE) among peers: 15.82%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Smartbroker Holding AG (SB1) | €38.78 Million | 58.00% | 0.36x | $133.58 Million |
| DEUTSCHE BOERSE ADR 1/10 (63DA) | $7.74 Billion | 0.00% | 27.79x | $37.98 Billion |
| ASX LTD UNSPONS.ADR 1 (AUX1) | $3.72 Billion | 12.73% | 3.53x | $6.79 Billion |
| Deutsche Börse AG (DB1) | $196.37 Million | 33.60% | 18.29x | $39.66 Billion |
| EUWAX Aktiengesellschaft (EUX) | $82.88 Million | 12.14% | 0.28x | $252.86 Million |
| JAPAN EX UN.ADR 1/2 O.N. (OSKU) | $323.85 Billion | 15.43% | 219.67x | $9.61 Billion |
| B3 S.A. UNSP.ADR/1 (YBV0) | $22.42 Billion | 21.04% | 1.34x | $11.78 Billion |
About Smartbroker Holding AG
Smartbroker Holding AG operates as online broker in Germany. The company offers various products of traditional brokering with neo brokering conditions. It also operates through various stock market portals, including wallstreet-online.de, boersenNews.de, FinanzNachrichten.de, and ARIVA.de. In addition, the company hosts and operates the finance community. Smartbroker Holding AG was formerly know… Read more