Sixt SE (SIX2) - Net Assets
Based on the latest financial reports, Sixt SE (SIX2) has net assets worth €2.18 Billion EUR (≈ $2.54 Billion USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€7.33 Billion ≈ $8.57 Billion USD) and total liabilities (€5.15 Billion ≈ $6.03 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 tangible equity quality of Sixt SE to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €2.18 Billion |
| % of Total Assets | 29.69% |
| Annual Growth Rate | 11.05% |
| 5-Year Change | 23.17% |
| 10-Year Change | 99.22% |
| Growth Volatility | 13.9 |
Sixt SE - Net Assets Trend (2005–2025)
This chart illustrates how Sixt SE's net assets have evolved over time, based on quarterly financial data. See defensive interval ratio of Sixt SE to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Sixt SE (2005–2025)
The table below shows the annual net assets of Sixt SE from 2005 to 2025. For live valuation and market cap data, see Sixt SE (SIX2) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | €2.15 Billion ≈ $2.51 Billion |
+1.04% |
| 2024-12-31 | €2.13 Billion ≈ $2.49 Billion |
+6.31% |
| 2023-12-31 | €2.00 Billion ≈ $2.34 Billion |
+1.15% |
| 2022-12-31 | €1.98 Billion ≈ $2.31 Billion |
+13.36% |
| 2021-12-31 | €1.75 Billion ≈ $2.04 Billion |
+25.20% |
| 2020-12-31 | €1.39 Billion ≈ $1.63 Billion |
-12.40% |
| 2019-12-31 | €1.59 Billion ≈ $1.86 Billion |
+10.41% |
| 2018-12-31 | €1.44 Billion ≈ $1.69 Billion |
+22.43% |
| 2017-12-31 | €1.18 Billion ≈ $1.38 Billion |
+9.09% |
| 2016-12-31 | €1.08 Billion ≈ $1.26 Billion |
+1.97% |
| 2015-12-31 | €1.06 Billion ≈ $1.24 Billion |
+42.77% |
| 2014-12-31 | €741.58 Million ≈ $866.99 Million |
+9.78% |
| 2013-12-31 | €675.50 Million ≈ $789.73 Million |
+6.75% |
| 2012-12-31 | €632.81 Million ≈ $739.82 Million |
+6.16% |
| 2011-12-31 | €596.08 Million ≈ $696.88 Million |
+10.20% |
| 2010-12-31 | €540.92 Million ≈ $632.39 Million |
+11.54% |
| 2009-12-31 | €484.96 Million ≈ $566.97 Million |
-1.59% |
| 2008-12-31 | €492.78 Million ≈ $576.11 Million |
+6.91% |
| 2007-12-31 | €460.95 Million ≈ $538.90 Million |
+17.32% |
| 2006-12-31 | €392.90 Million ≈ $459.34 Million |
+48.70% |
| 2005-12-31 | €264.23 Million ≈ $308.91 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Sixt SE'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 387.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €272.16 Million | 12.65% |
| Common Stock | €120.17 Million | 5.59% |
| Other Components | €1.76 Billion | 81.76% |
| Total Equity | €2.15 Billion | 100.00% |
Sixt SE Competitors by Market Cap
The table below lists competitors of Sixt SE ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Cargotec Oyj
HE:CGCBV
|
$2.68 Billion |
|
Ligand Pharmaceuticals Incorporated
NASDAQ:LGND
|
$2.69 Billion |
|
ShenZhen QiangRui Precision Technology Co. Ltd.
SHE:301128
|
$2.69 Billion |
|
TAG Immobilien AG
F:TEG
|
$2.69 Billion |
|
Guangdong Guanghua Sci-Tech Co Ltd
SHE:002741
|
$2.68 Billion |
|
Silvercorp Metals Inc
TO:SVM
|
$2.68 Billion |
|
Brookfield Wealth Solutions Ltd.
NYSE:BNT
|
$2.68 Billion |
|
Four Corners Property Trust Inc
NYSE:FCPT
|
$2.68 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sixt SE's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 2,128,658,990 to 2,150,856,000, a change of 22,197,010 (1.0%).
- Net income of 285,808,000 contributed positively to equity growth.
- Dividend payments of 127,079,000 reduced retained earnings.
- Other comprehensive income decreased equity by 1,580,899,000.
- Other factors increased equity by 1,444,367,010.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €285.81 Million | +13.29% |
| Dividends Paid | €127.08 Million | -5.91% |
| Other Comprehensive Income | €-1.58 Billion | -73.5% |
| Other Changes | €1.44 Billion | +67.15% |
| Total Change | €- | 1.04% |
Book Value vs Market Value Analysis
This analysis compares Sixt SE'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: 1.65x
- 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 13.14x to 1.65x 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 | €5.75 | €75.60 | x |
| 2006-12-31 | €8.55 | €75.60 | x |
| 2007-12-31 | €9.09 | €75.60 | x |
| 2008-12-31 | €9.73 | €75.60 | x |
| 2009-12-31 | €9.54 | €75.60 | x |
| 2010-12-31 | €10.77 | €75.60 | x |
| 2011-12-31 | €12.17 | €75.60 | x |
| 2012-12-31 | €13.14 | €75.60 | x |
| 2013-12-31 | €14.05 | €75.60 | x |
| 2014-12-31 | €15.43 | €75.60 | x |
| 2015-12-31 | €19.88 | €75.60 | x |
| 2016-12-31 | €20.43 | €75.60 | x |
| 2017-12-31 | €22.56 | €75.60 | x |
| 2018-12-31 | €28.05 | €75.60 | x |
| 2019-12-31 | €31.09 | €75.60 | x |
| 2020-12-31 | €29.71 | €75.60 | x |
| 2021-12-31 | €37.20 | €75.60 | x |
| 2022-12-31 | €42.17 | €75.60 | x |
| 2023-12-31 | €42.65 | €75.60 | x |
| 2024-12-31 | €45.35 | €75.60 | x |
| 2025-12-31 | €45.83 | €75.60 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sixt SE 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): 13.29%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.67%
- • Asset Turnover: 0.60x
- • Equity Multiplier: 3.32x
- Recent ROE (13.29%) is below the historical average (14.51%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | 20.30% | 5.96% | 0.77x | 4.44x | €47.48 Million |
| 2008 | 12.47% | 3.46% | 0.72x | 5.01x | €12.17 Million |
| 2009 | 2.14% | 0.65% | 0.76x | 4.32x | €-38.10 Million |
| 2010 | 13.08% | 4.60% | 0.69x | 4.12x | €16.64 Million |
| 2011 | 16.40% | 6.25% | 0.67x | 3.91x | €38.14 Million |
| 2012 | 12.51% | 4.96% | 0.73x | 3.44x | €15.89 Million |
| 2013 | 14.04% | 5.70% | 0.70x | 3.51x | €27.30 Million |
| 2014 | 14.83% | 6.12% | 0.64x | 3.80x | €35.85 Million |
| 2015 | 12.05% | 5.28% | 0.60x | 3.83x | €19.55 Million |
| 2016 | 14.72% | 5.90% | 0.60x | 4.17x | €45.63 Million |
| 2017 | 18.14% | 7.38% | 0.58x | 4.24x | €86.23 Million |
| 2018 | 32.36% | 14.54% | 0.56x | 3.94x | €294.36 Million |
| 2019 | 16.06% | 9.37% | 0.40x | 4.28x | €88.40 Million |
| 2020 | -2.38% | -2.17% | 0.35x | 3.18x | €-172.72 Million |
| 2021 | 17.93% | 13.72% | 0.50x | 2.59x | €138.53 Million |
| 2022 | 19.49% | 12.58% | 0.55x | 2.80x | €187.76 Million |
| 2023 | 16.74% | 9.26% | 0.56x | 3.22x | €134.92 Million |
| 2024 | 11.46% | 6.09% | 0.61x | 3.08x | €31.05 Million |
| 2025 | 13.29% | 6.67% | 0.60x | 3.32x | €70.72 Million |
Industry Comparison
This section compares Sixt SE's net assets metrics with peer companies in the Rental & Leasing Services industry.
Industry Context
- Industry: Rental & Leasing Services
- Average net assets among peers: $6,251,083,198
- Average return on equity (ROE) among peers: 6.63%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sixt SE (SIX2) | €2.18 Billion | 20.30% | 2.37x | $2.68 Billion |
| BOC Aviation Limited (8BO) | $6.84 Billion | 11.51% | 2.85x | $6.04 Billion |
| AerCap Holdings N.V (R1D) | $16.20 Billion | -4.48% | 3.31x | $19.49 Billion |
| Sixt SE (SIX3) | $1.98 Billion | 19.49% | 1.80x | $1.22 Billion |
| TOOSLA SA EO-08125 (W6Q) | $-10.99 Million | 0.00% | 0.00x | $49.11K |
About Sixt SE
Sixt SE, through its subsidiaries, provides mobility services through a corporate and franchise branch network for private and business customers. It offers its products through the SIXT app, which comprises SIXT rent, a car rental service; SIXT van and truck for commercial vehicle rental; SIXT share, a car sharing service, as well as offering micromobility services through e-scooters, e-mopeds, … Read more