Villeroy & Boch AG (VIB3) - Net Assets
Based on the latest financial reports, Villeroy & Boch AG (VIB3) has net assets worth €344.80 Million EUR (≈ $403.11 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 (€1.73 Billion ≈ $2.02 Billion USD) and total liabilities (€1.39 Billion ≈ $1.62 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 VIB3 asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €344.80 Million |
| % of Total Assets | 19.92% |
| Annual Growth Rate | 0.61% |
| 5-Year Change | 44.89% |
| 10-Year Change | 120.63% |
| Growth Volatility | 15.42 |
Villeroy & Boch AG - Net Assets Trend (2008–2024)
This chart illustrates how Villeroy & Boch AG's net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of Villeroy & Boch AG for the complete picture of this company's asset base.
Annual Net Assets for Villeroy & Boch AG (2008–2024)
The table below shows the annual net assets of Villeroy & Boch AG from 2008 to 2024. For live valuation and market cap data, see VIB3 stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €364.70 Million ≈ $426.37 Million |
-6.05% |
| 2023-12-31 | €388.20 Million ≈ $453.85 Million |
+4.21% |
| 2022-12-31 | €372.50 Million ≈ $435.49 Million |
+18.78% |
| 2021-12-31 | €313.60 Million ≈ $366.63 Million |
+24.59% |
| 2020-12-31 | €251.70 Million ≈ $294.26 Million |
-0.91% |
| 2019-12-31 | €254.00 Million ≈ $296.95 Million |
+21.30% |
| 2018-12-31 | €209.40 Million ≈ $244.81 Million |
+7.61% |
| 2017-12-31 | €194.60 Million ≈ $227.51 Million |
+12.75% |
| 2016-12-31 | €172.60 Million ≈ $201.79 Million |
+4.42% |
| 2015-12-31 | €165.30 Million ≈ $193.25 Million |
+14.47% |
| 2014-12-31 | €144.40 Million ≈ $168.82 Million |
-9.98% |
| 2013-12-31 | €160.40 Million ≈ $187.52 Million |
-15.58% |
| 2012-12-31 | €190.00 Million ≈ $222.13 Million |
+8.14% |
| 2011-12-31 | €175.70 Million ≈ $205.41 Million |
+1.44% |
| 2010-12-31 | €173.21 Million ≈ $202.50 Million |
-25.35% |
| 2009-12-31 | €232.01 Million ≈ $271.25 Million |
-29.89% |
| 2008-12-31 | €330.94 Million ≈ $386.90 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Villeroy & Boch 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 131.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €203.00 Million | 55.69% |
| Common Stock | €71.90 Million | 19.73% |
| Other Comprehensive Income | €-93.20 Million | -25.57% |
| Other Components | €182.80 Million | 50.15% |
| Total Equity | €364.50 Million | 100.00% |
Villeroy & Boch AG Competitors by Market Cap
The table below lists competitors of Villeroy & Boch AG ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Arad Investment & Industrial Development Ltd
TA:ARAD
|
$257.94 Million |
|
Forafric Global PLC Ordinary Shares
NASDAQ:AFRI
|
$257.99 Million |
|
Tukas Gida Sanayi ve Ticaret AS
IS:TUKAS
|
$258.02 Million |
|
Webzen Inc
KQ:069080
|
$258.04 Million |
|
VIB Vermögen AG
XETRA:VIH1
|
$257.83 Million |
|
Pioneer Acquisition I Corp Class A Ordinary Shares
NASDAQ:PACH
|
$257.81 Million |
|
Songwon Industrial
KO:004430
|
$257.79 Million |
|
Mountain Lake Acquisition Corp. II Class A Ordinary Shares
NASDAQ:MLAA
|
$257.74 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Villeroy & Boch AG's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 384,400,000 to 364,500,000, a change of -19,900,000 (-5.2%).
- Net income of 5,900,000 contributed positively to equity growth.
- Dividend payments of 27,200,000 reduced retained earnings.
- New share issuances of 1,500,000 increased equity.
- Other comprehensive income increased equity by 500,001.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €5.90 Million | +1.62% |
| Dividends Paid | €27.20 Million | -7.46% |
| Share Issuances | €1.50 Million | +0.41% |
| Other Comprehensive Income | €500.00K | +0.14% |
| Other Changes | €-600.00K | -0.16% |
| Total Change | €- | -5.18% |
Book Value vs Market Value Analysis
This analysis compares Villeroy & Boch 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: 1.27x
- 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 1.40x to 1.27x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2008-12-31 | €12.51 | €17.50 | x |
| 2009-12-31 | €8.76 | €17.50 | x |
| 2010-12-31 | €6.56 | €17.50 | x |
| 2011-12-31 | €6.65 | €17.50 | x |
| 2012-12-31 | €7.19 | €17.50 | x |
| 2013-12-31 | €6.07 | €17.50 | x |
| 2014-12-31 | €5.46 | €17.50 | x |
| 2015-12-31 | €6.26 | €17.50 | x |
| 2016-12-31 | €6.53 | €17.50 | x |
| 2017-12-31 | €7.16 | €17.50 | x |
| 2018-12-31 | €7.74 | €17.50 | x |
| 2019-12-31 | €9.44 | €17.50 | x |
| 2020-12-31 | €9.35 | €17.50 | x |
| 2021-12-31 | €11.71 | €17.50 | x |
| 2022-12-31 | €13.93 | €17.50 | x |
| 2023-12-31 | €14.49 | €17.50 | x |
| 2024-12-31 | €13.74 | €17.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Villeroy & Boch 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): 1.62%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.42%
- • Asset Turnover: 0.81x
- • Equity Multiplier: 4.80x
- Recent ROE (1.62%) is below the historical average (8.14%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | 3.34% | 1.31% | 1.09x | 2.34x | €-21.99 Million |
| 2009 | -41.69% | -13.48% | 1.06x | 2.91x | €-119.57 Million |
| 2010 | -36.28% | -8.79% | 1.19x | 3.46x | €-80.11 Million |
| 2011 | 10.42% | 2.46% | 1.24x | 3.42x | €740.00K |
| 2012 | 7.74% | 1.98% | 1.26x | 3.12x | €-4.29 Million |
| 2013 | 14.91% | 3.21% | 1.24x | 3.74x | €7.87 Million |
| 2014 | 16.84% | 3.17% | 1.23x | 4.32x | €9.87 Million |
| 2015 | 16.53% | 3.40% | 1.26x | 3.85x | €10.78 Million |
| 2016 | 16.87% | 3.55% | 1.21x | 3.92x | €11.85 Million |
| 2017 | 15.80% | 3.57% | 1.22x | 3.63x | €10.98 Million |
| 2018 | 16.38% | 3.93% | 1.25x | 3.33x | €13.05 Million |
| 2019 | 32.16% | 9.62% | 0.93x | 3.58x | €55.26 Million |
| 2020 | 9.15% | 2.82% | 0.88x | 3.70x | €-2.09 Million |
| 2021 | 19.43% | 6.37% | 0.97x | 3.14x | €29.21 Million |
| 2022 | 19.31% | 7.16% | 1.01x | 2.66x | €34.33 Million |
| 2023 | 15.79% | 6.73% | 0.82x | 2.85x | €22.26 Million |
| 2024 | 1.62% | 0.42% | 0.81x | 4.80x | €-30.55 Million |
Industry Comparison
This section compares Villeroy & Boch AG's net assets metrics with peer companies in the Building Products & Equipment industry.
Industry Context
- Industry: Building Products & Equipment
- Average net assets among peers: $1,976,342,091
- Average return on equity (ROE) among peers: 25.49%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Villeroy & Boch AG (VIB3) | €344.80 Million | 3.34% | 4.02x | $257.92 Million |
| Trane Technologies plc (2IS) | $7.31 Billion | 19.29% | 1.80x | $87.59 Billion |
| Sto SE & Co. KGaA (STO3) | $450.14 Million | 12.34% | 0.67x | $293.75 Million |
| InnoTec TSS AG (TSS) | $80.56 Million | 27.54% | 0.31x | $71.78 Million |
| 3U Holding AG (UUU) | $62.27 Million | 42.79% | 0.21x | $42.34 Million |
About Villeroy & Boch AG
Villeroy & Boch AG, together with its subsidiaries, engages in the manufacture and sale of ceramic products under the Villeroy & Boch brand in Germany. It operates through two divisions, Bathroom & Wellness, and Dining & Lifestyle. The company offers ceramic bathroom collections, ceramic kitchen sinks, fittings, bathroom furniture, shoers, bathtubs, pipe connectors, installation systems, and matc… Read more