Sixt SE (SIX2) - Net Assets
Based on the latest financial reports, Sixt SE (SIX2) has net assets worth €2.15 Billion EUR (≈ $2.51 Billion USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€7.15 Billion ≈ $8.35 Billion USD) and total liabilities (€4.99 Billion ≈ $5.84 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 SIX2 cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €2.15 Billion |
| % of Total Assets | 30.1% |
| 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. Also explore balance sheet size of Sixt SE for the complete picture of this company's asset base.
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 decreased by 100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | €120.17 Million | 5.59% |
| Other Components | €2.03 Billion | 94.41% |
| 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 |
|---|---|
|
Vietnam Airlines JSC
VN:HVN
|
$2.41 Billion |
|
Clariant AG
SW:CLN
|
$2.41 Billion |
|
Also Holding AG
SW:ALSN
|
$2.41 Billion |
|
Zhejiang Huace Film TV Co
SHE:300133
|
$2.41 Billion |
|
Carmila SA
PA:CARM
|
$2.41 Billion |
|
CA Immobilien Anlagen AG
VI:CAI
|
$2.41 Billion |
|
Siriuspoint Ltd
NYSE:SPNT
|
$2.41 Billion |
|
GavYam Lands Corp Ltd
TA:GVYM
|
$2.41 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: 1.48x
- 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 11.81x to 1.48x 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 | €67.95 | x |
| 2006-12-31 | €8.55 | €67.95 | x |
| 2007-12-31 | €9.09 | €67.95 | x |
| 2008-12-31 | €9.73 | €67.95 | x |
| 2009-12-31 | €9.54 | €67.95 | x |
| 2010-12-31 | €10.77 | €67.95 | x |
| 2011-12-31 | €12.17 | €67.95 | x |
| 2012-12-31 | €13.14 | €67.95 | x |
| 2013-12-31 | €14.05 | €67.95 | x |
| 2014-12-31 | €15.43 | €67.95 | x |
| 2015-12-31 | €19.88 | €67.95 | x |
| 2016-12-31 | €20.43 | €67.95 | x |
| 2017-12-31 | €22.56 | €67.95 | x |
| 2018-12-31 | €28.05 | €67.95 | x |
| 2019-12-31 | €31.09 | €67.95 | x |
| 2020-12-31 | €29.71 | €67.95 | x |
| 2021-12-31 | €37.20 | €67.95 | x |
| 2022-12-31 | €42.17 | €67.95 | x |
| 2023-12-31 | €42.65 | €67.95 | x |
| 2024-12-31 | €45.35 | €67.95 | x |
| 2025-12-31 | €45.83 | €67.95 | 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: $7,069,232,650
- Average return on equity (ROE) among peers: 12.07%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sixt SE (SIX2) | €2.15 Billion | 20.30% | 2.32x | $2.41 Billion |
| BOC Aviation Limited (8BO) | $3.82 Billion | 15.36% | 3.20x | $6.14 Billion |
| AerCap Holdings N.V (R1D) | $16.65 Billion | 6.01% | 3.48x | $21.36 Billion |
| Sixt SE (SIX3) | $741.58 Million | 14.83% | 2.80x | $1.13 Billion |
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