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Banco de Sabadell S.A
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Let's analyse Banco de Sabadell S.A together

PenkeI guess you are interested in Banco de Sabadell S.A. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of Banco de Sabadell S.A. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

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Quick analysis of Banco de Sabadell S.A (30 sec.)










What can you expect buying and holding a share of Banco de Sabadell S.A? (30 sec.)

How much money do you get?

How much money do you get?
‚ā¨0.22
When do you have the money?
1 year
How often do you get paid?
100.0%

What is your share worth?

Current worth
‚ā¨2.57
Expected worth in 1 year
‚ā¨3.39
How sure are you?
80.0%

+ What do you gain per year?

Total Gains per Share
‚ā¨1.02
Return On Investment
56.0%

For what price can you sell your share?

Current Price per Share
‚ā¨1.83
Expected price per share
‚ā¨1.3852848537005 - ‚ā¨1.9715
How sure are you?
50%

1. Valuation of Banco de Sabadell S.A (5 min.)




Live pricePrice per Share (EOD)

‚ā¨1.83

Intrinsic Value Per Share

‚ā¨-12.55 - ‚ā¨-3.07

Total Value Per Share

‚ā¨-9.98 - ‚ā¨-0.50

2. Growth of Banco de Sabadell S.A (5 min.)




Is Banco de Sabadell S.A growing?

Current yearPrevious yearGrowGrow %
How rich?$14.9b$14.2b$705.4m4.7%

How much money is Banco de Sabadell S.A making?

Current yearPrevious yearGrowGrow %
Making money$1.4b$957.6m$476.7m33.2%
Net Profit Margin21.3%16.5%--

How much money comes from the company's main activities?

3. Financial Health of Banco de Sabadell S.A (5 min.)




What can you expect buying and holding a share of Banco de Sabadell S.A? (5 min.)

Welcome investor! Banco de Sabadell S.A's management wants to use your money to grow the business. In return you get a share of Banco de Sabadell S.A.

What can you expect buying and holding a share of Banco de Sabadell S.A?

First you should know what it really means to hold a share of Banco de Sabadell S.A. And how you can make/lose money.

Speculation

The Price per Share of Banco de Sabadell S.A is ‚ā¨1.825. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Banco de Sabadell S.A.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Banco de Sabadell S.A, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is ‚ā¨2.57. Based on the TTM, the Book Value Change Per Share is ‚ā¨0.20 per quarter. Based on the YOY, the Book Value Change Per Share is ‚ā¨0.04 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is ‚ā¨0.05 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Banco de Sabadell S.A.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 ‚ā¨% of Price per Share‚ā¨% of Price per Share‚ā¨% of Price per Share‚ā¨% of Price per Share‚ā¨% of Price per Share
Usd Eps0.2714.5%0.2714.5%0.147.9%0.126.7%0.126.4%
Usd Book Value Change Per Share0.2212.1%0.2212.1%0.042.2%0.095.0%0.073.7%
Usd Dividend Per Share0.053.0%0.053.0%0.053.0%0.105.2%0.063.6%
Usd Total Gains Per Share0.2815.1%0.2815.1%0.095.2%0.1910.2%0.137.3%
Usd Price Per Share1.20-1.20-0.95-0.86-1.27-
Price to Earnings Ratio4.51-4.51-6.58--0.13-8.64-
Price-to-Total Gains Ratio4.36-4.36-10.03-3.34-25.06-
Price to Book Ratio0.43-0.43-0.37-0.33-0.51-
Price-to-Total Gains Ratio4.36-4.36-10.03-3.34-25.06-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share1.9649775
Number of shares508
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.050.10
Usd Book Value Change Per Share0.220.09
Usd Total Gains Per Share0.280.19
Gains per Quarter (508 shares)139.7194.97
Gains per Year (508 shares)558.85379.88
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
1111448549194185370
22228961108389371750
3333134416675835561130
4443179222267787421510
5554224027859729271890
666526883344116711122270
777631363903136112982650
888735844462155614833030
999840325021175016693410
10110844805580194518543790

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share1.00.00.0100.0%3.00.00.0100.0%4.01.00.080.0%9.01.00.090.0%19.01.00.095.0%
Book Value Change Per Share1.00.00.0100.0%3.00.00.0100.0%4.01.00.080.0%6.04.00.060.0%14.06.00.070.0%
Dividend per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%10.00.00.0100.0%19.00.01.095.0%
Total Gains per Share1.00.00.0100.0%3.00.00.0100.0%4.01.00.080.0%8.02.00.080.0%17.03.00.085.0%

Fundamentals of Banco de Sabadell S.A

About Banco de Sabadell S.A

Banco de Sabadell, S.A. provides banking products and services to personal, business, and private customers in Spain and internationally. The company offers retail banking products, such as current and savings accounts, personal loans, cards, and mortgages. It also provides financial products and services to large and medium enterprises, SMEs, shops and self-employed workers, private individuals, and professionals; and consumer finance, asset management, and bancassurance services. In addition, the company offers corporate banking services, including financing services, transactional banking services, and other complex custom solutions in finance, treasury, and import/export, among others. Further, it provides insurance and pension products. The company was founded in 1881 and is based in Alicante, Spain.

Fundamental data was last updated by Penke on 2024-05-26 04:07:03.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge profit.
Using its assets, the company is inefficient in making profit.
Using its investors money, the company is less efficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating very efficient.
The company is very efficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is very able to pay all its short-term debts.
The company is very able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is just able to pay all its debts by selling its assets.
The company is unable to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is cheap.
Based on the earnings, the company is cheap.
Based on how much money comes from the company's main activities, the company is expensive.

1.1. Profitability of Banco de Sabadell S.A.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit¬†Banco de Sabadell S.A earns for each €1 of revenue.

  • Above 10% is considered healthy but always compare¬†Banco de Sabadell S.A to the¬†Banks - Diversified industry mean.
  • A Net Profit Margin of 21.3%¬†means that¬†€0.21 for each €1¬†in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Banco de Sabadell S.A:

  • The MRQ is 21.3%. The company is making a huge profit. +2
  • The TTM is 21.3%. The company is making a huge profit. +2
Trends
Current periodCompared to+/- 
MRQ21.3%TTM21.3%0.0%
TTM21.3%YOY16.5%+4.8%
TTM21.3%5Y12.4%+8.9%
5Y12.4%10Y11.3%+1.1%
1.1.2. Return on Assets

Shows how efficient Banco de Sabadell S.A is using its assets to generate profit.

  • Above 5% is considered healthy¬†but always compare¬†Banco de Sabadell S.A to the¬†Banks - Diversified industry mean.
  • 0.6% Return on Assets means that¬†Banco de Sabadell S.A generated¬†€0.01 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Banco de Sabadell S.A:

  • The MRQ is 0.6%. Using its assets, the company is inefficient in making profit. -1
  • The TTM is 0.6%. Using its assets, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ0.6%TTM0.6%0.0%
TTM0.6%YOY0.4%+0.2%
TTM0.6%5Y0.3%+0.3%
5Y0.3%10Y0.3%+0.0%
1.1.3. Return on Equity

Shows how efficient Banco de Sabadell S.A is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare¬†Banco de Sabadell S.A to the¬†Banks - Diversified industry mean.
  • 9.6% Return on Equity means Banco de Sabadell S.A generated €0.10¬†for each¬†€1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Banco de Sabadell S.A:

  • The MRQ is 9.6%. Using its investors money, the company is less efficient in making profit.
  • The TTM is 9.6%. Using its investors money, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ9.6%TTM9.6%0.0%
TTM9.6%YOY6.7%+2.9%
TTM9.6%5Y5.3%+4.3%
5Y5.3%10Y5.0%+0.3%

1.2. Operating Efficiency of Banco de Sabadell S.A.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Banco de Sabadell S.A is operating .

  • Measures how much profit Banco de Sabadell S.A makes for each €1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare¬†Banco de Sabadell S.A to the¬†Banks - Diversified industry mean.
  • An Operating Margin of 30.2%¬†means the company generated €0.30 ¬†for each €1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Banco de Sabadell S.A:

  • The MRQ is 30.2%. The company is operating very efficient. +2
  • The TTM is 30.2%. The company is operating very efficient. +2
Trends
Current periodCompared to+/- 
MRQ30.2%TTM30.2%0.0%
TTM30.2%YOY22.9%+7.4%
TTM30.2%5Y15.9%+14.3%
5Y15.9%10Y27.5%-11.6%
1.2.2. Operating Ratio

Measures how efficient Banco de Sabadell S.A is keeping operating costs low.

  • Below 1 is considered healthy (always compare to¬†Banks - Diversified industry mean).
  • An Operation Ratio of 0.56 means that the operating costs are €0.56 for each €1 in net sales.

Let's take a look of the Operating Ratio trends of Banco de Sabadell S.A:

  • The MRQ is 0.563. The company is very efficient in keeping operating costs low. +2
  • The TTM is 0.563. The company is very efficient in keeping operating costs low. +2
Trends
Current periodCompared to+/- 
MRQ0.563TTM0.5630.000
TTM0.563YOY0.620-0.057
TTM0.5635Y0.636-0.072
5Y0.63610Y0.612+0.023

1.3. Liquidity of Banco de Sabadell S.A.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Banco de Sabadell S.A is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to¬†Banks - Diversified industry mean).
  • A Current Ratio of 32.62¬†means the company has €32.62 in assets for each €1 in short-term debts.

Let's take a look of the Current Ratio trends of Banco de Sabadell S.A:

  • The MRQ is 32.616. The company is very able to pay all its short-term debts. +2
  • The TTM is 32.616. The company is very able to pay all its short-term debts. +2
Trends
Current periodCompared to+/- 
MRQ32.616TTM32.6160.000
TTM32.616YOY44.655-12.039
TTM32.6165Y99.361-66.745
5Y99.36110Y49.755+49.606
1.3.2. Quick Ratio

Measures if Banco de Sabadell S.A is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but¬†always compare¬†Banco de Sabadell S.A to the¬†Banks - Diversified industry mean.
  • A Quick Ratio of 32.62¬†means the company can pay off €32.62 for each €1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Banco de Sabadell S.A:

  • The MRQ is 32.616. The company is very able to pay all its short-term debts with the most liquid assets. +2
  • The TTM is 32.616. The company is very able to pay all its short-term debts with the most liquid assets. +2
Trends
Current periodCompared to+/- 
MRQ32.616TTM32.6160.000
TTM32.616YOY44.855-12.239
TTM32.6165Y99.568-66.951
5Y99.56810Y50.213+49.355

1.4. Solvency of Banco de Sabadell S.A.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Banco de Sabadell S.A assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare¬†Banco de Sabadell S.A to Banks - Diversified industry mean.
  • A Debt to Asset Ratio of 0.94¬†means that Banco de Sabadell S.A assets are¬†financed with 94.1% credit (debt) and the remaining percentage (100% - 94.1%)¬†is financed by its owners/shareholders.¬†

Let's take a look of the Debt to Asset Ratio trends of Banco de Sabadell S.A:

  • The MRQ is 0.941. The company is just able to pay all its debts by selling its assets.
  • The TTM is 0.941. The company is just able to pay all its debts by selling its assets.
Trends
Current periodCompared to+/- 
MRQ0.941TTM0.9410.000
TTM0.941YOY0.947-0.006
TTM0.9415Y0.945-0.004
5Y0.94510Y0.942+0.003
1.4.2. Debt to Equity Ratio

Measures if Banco de Sabadell S.A is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but¬†always compare¬†Banco de Sabadell S.A to the¬†Banks - Diversified industry mean.
  • A Debt to Equity ratio of 1,598.4% means that company has €15.98 debt for each €1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Banco de Sabadell S.A:

  • The MRQ is 15.984. The company is unable to pay all its debts with equity. -1
  • The TTM is 15.984. The company is unable to pay all its debts with equity. -1
Trends
Current periodCompared to+/- 
MRQ15.984TTM15.9840.000
TTM15.984YOY18.056-2.072
TTM15.9845Y17.354-1.370
5Y17.35410Y16.434+0.920

2. Market Valuation of Banco de Sabadell S.A

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures¬†how much money you pay¬†for each share for¬†every €1 in earnings Banco de Sabadell S.A generates.

  • Above 15 is considered overpriced but¬†always compare¬†Banco de Sabadell S.A to the¬†Banks - Diversified industry mean.
  • A PE ratio of 4.51 means the investor is paying €4.51¬†for every €1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Banco de Sabadell S.A:

  • The EOD is 7.402. Based on the earnings, the company is cheap. +2
  • The MRQ is 4.514. Based on the earnings, the company is cheap. +2
  • The TTM is 4.514. Based on the earnings, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD7.402MRQ4.514+2.888
MRQ4.514TTM4.5140.000
TTM4.514YOY6.585-2.071
TTM4.5145Y-0.132+4.646
5Y-0.13210Y8.640-8.772
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Banco de Sabadell S.A:

  • The EOD is -0.892. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -0.544. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -0.544. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-0.892MRQ-0.544-0.348
MRQ-0.544TTM-0.5440.000
TTM-0.544YOY-0.698+0.154
TTM-0.5445Y-0.276-0.268
5Y-0.27610Y0.193-0.468
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Banco de Sabadell S.A is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy¬†(always compare to Banks - Diversified industry mean).
  • A PB ratio of 0.43 means the investor is paying €0.43¬†for each €1 in book value.

Let's take a look of the Price to Book Ratio trends of Banco de Sabadell S.A:

  • The EOD is 0.710. Based on the equity, the company is cheap. +2
  • The MRQ is 0.433. Based on the equity, the company is cheap. +2
  • The TTM is 0.433. Based on the equity, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD0.710MRQ0.433+0.277
MRQ0.433TTM0.4330.000
TTM0.433YOY0.373+0.061
TTM0.4335Y0.332+0.101
5Y0.33210Y0.514-0.182
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Banco de Sabadell S.A compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share--0.2050.2050%0.038+444%0.085+142%0.063+226%
Book Value Per Share--2.5692.5690%2.364+9%2.368+8%2.315+11%
Current Ratio--32.61632.6160%44.655-27%99.361-67%49.755-34%
Debt To Asset Ratio--0.9410.9410%0.947-1%0.9450%0.9420%
Debt To Equity Ratio--15.98415.9840%18.056-11%17.354-8%16.434-3%
Dividend Per Share--0.0510.0510%0.050+1%0.089-43%0.060-16%
Eps--0.2470.2470%0.134+84%0.114+116%0.109+127%
Free Cash Flow Per Share---2.046-2.0460%-1.262-38%0.066-3215%0.268-863%
Free Cash Flow To Equity Per Share---2.160-2.1600%-1.483-31%0.012-18277%0.274-888%
Gross Profit Margin--0.9270.9270%0.919+1%-4.919+631%-2.046+321%
Intrinsic Value_10Y_max---3.066--------
Intrinsic Value_10Y_min---12.545--------
Intrinsic Value_1Y_max--0.145--------
Intrinsic Value_1Y_min---0.620--------
Intrinsic Value_3Y_max--0.090--------
Intrinsic Value_3Y_min---2.425--------
Intrinsic Value_5Y_max---0.380--------
Intrinsic Value_5Y_min---4.834--------
Market Cap9784682662.400+39%6013587866.2656013587866.2650%4927094768.542+22%4396517513.885+37%6495796983.607-7%
Net Profit Margin--0.2130.2130%0.165+29%0.124+72%0.113+88%
Operating Margin--0.3020.3020%0.229+32%0.159+90%0.275+10%
Operating Ratio--0.5630.5630%0.620-9%0.636-11%0.612-8%
Pb Ratio0.710+39%0.4330.4330%0.373+16%0.332+30%0.514-16%
Pe Ratio7.402+39%4.5144.5140%6.585-31%-0.132+103%8.640-48%
Price Per Share1.825+39%1.1131.1130%0.881+26%0.796+40%1.180-6%
Price To Free Cash Flow Ratio-0.892-64%-0.544-0.5440%-0.698+28%-0.276-49%0.193-382%
Price To Total Gains Ratio7.145+39%4.3574.3570%10.030-57%3.339+30%25.065-83%
Quick Ratio--32.61632.6160%44.855-27%99.568-67%50.213-35%
Return On Assets--0.0060.0060%0.004+60%0.003+92%0.003+96%
Return On Equity--0.0960.0960%0.067+43%0.053+82%0.050+94%
Total Gains Per Share--0.2550.2550%0.088+191%0.174+47%0.123+107%
Usd Book Value--14943741100.20014943741100.2000%14238280800.000+5%14118881445.540+6%13778626910.670+8%
Usd Book Value Change Per Share--0.2200.2200%0.040+444%0.091+142%0.068+226%
Usd Book Value Per Share--2.7662.7660%2.545+9%2.550+8%2.493+11%
Usd Dividend Per Share--0.0550.0550%0.054+1%0.096-43%0.065-16%
Usd Eps--0.2650.2650%0.144+84%0.123+116%0.117+127%
Usd Free Cash Flow---11903788473.600-11903788473.6000%-7603113819.900-36%491872737.120-2520%1675738087.830-810%
Usd Free Cash Flow Per Share---2.203-2.2030%-1.359-38%0.071-3215%0.289-863%
Usd Free Cash Flow To Equity Per Share---2.326-2.3260%-1.597-31%0.013-18277%0.295-888%
Usd Market Cap10535167822.606+39%6474830055.6086474830055.6080%5305002937.289+22%4733730407.200+37%6994024612.249-7%
Usd Price Per Share1.965+39%1.1981.1980%0.948+26%0.857+40%1.270-6%
Usd Profit--1434359282.7001434359282.7000%957608366.400+50%758565943.620+89%693692076.870+107%
Usd Revenue--6729375000.0006729375000.0000%5800182900.000+16%6082379940.480+11%6076084583.250+11%
Usd Total Gains Per Share--0.2750.2750%0.095+191%0.187+47%0.133+107%
 EOD+5 -3MRQTTM+0 -0YOY+25 -115Y+24 -1210Y+23 -13

3.2. Fundamental Score

Let's check the fundamental score of Banco de Sabadell S.A based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-157.402
Price to Book Ratio (EOD)Between0-10.710
Net Profit Margin (MRQ)Greater than00.213
Operating Margin (MRQ)Greater than00.302
Quick Ratio (MRQ)Greater than132.616
Current Ratio (MRQ)Greater than132.616
Debt to Asset Ratio (MRQ)Less than10.941
Debt to Equity Ratio (MRQ)Less than115.984
Return on Equity (MRQ)Greater than0.150.096
Return on Assets (MRQ)Greater than0.050.006
Total7/10 (70.0%)

3.3. Technical Score

Let's check the technical score of Banco de Sabadell S.A based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5046.470
Ma 20Greater thanMa 501.898
Ma 50Greater thanMa 1001.743
Ma 100Greater thanMa 2001.488
OpenGreater thanClose1.877
Total4/5 (80.0%)



Latest Balance Sheet

Balance Sheet of 2023-12-31. Currency in EUR. All numbers in thousands.

Summary
Total Assets235,172,955
Total Liabilities221,293,749
Total Stockholder Equity13,844,993
 As reported
Total Liabilities 221,293,749
Total Stockholder Equity+ 13,844,993
Total Assets = 235,172,955

Assets

Total Assets235,172,955
Total Current Assets37,138,000
Long-term Assets37,730,000
Total Current Assets
Cash And Cash Equivalents 30,960,386
Total Current Assets  (as reported)37,138,000
Total Current Assets  (calculated)30,960,386
+/- 6,177,614
Long-term Assets
Property Plant Equipment 2,067,106
Goodwill 1,018,311
Long Term Investments 32,355,321
Intangible Assets 1,464,763
Long-term Assets Other -37,730,000
Long-term Assets  (as reported)37,730,000
Long-term Assets  (calculated)-824,499
+/- 38,554,499

Liabilities & Shareholders' Equity

Total Current Liabilities1,138,627
Long-term Liabilities25,791,000
Total Stockholder Equity13,844,993
Total Current Liabilities
Short-term Debt 19,829,174
Accounts payable 1,138,627
Other Current Liabilities -1,138,627
Total Current Liabilities  (as reported)1,138,627
Total Current Liabilities  (calculated)19,829,174
+/- 18,690,547
Long-term Liabilities
Long-term Liabilities  (as reported)25,791,000
Long-term Liabilities  (calculated)0
+/- 25,791,000
Total Stockholder Equity
Common Stock680,000
Retained Earnings 7,733,963
Accumulated Other Comprehensive Income 5,509,246
Total Stockholder Equity (as reported)13,844,993
Total Stockholder Equity (calculated)13,923,209
+/- 78,216
Other
Capital Stock680,028
Cash and Short Term Investments 37,138,000
Common Stock Shares Outstanding 5,403,044
Current Deferred Revenue-18,690,547
Liabilities and Stockholders Equity 235,173,000
Net Debt -11,347,000
Net Invested Capital 43,009,723
Net Working Capital 35,999,373
Property Plant and Equipment Gross 3,930,317
Short Long Term Debt Total 25,791,000



Balance Sheet

Currency in EUR. All numbers in thousands.

 Trend2023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-312014-12-312013-12-312012-12-312011-12-312010-12-312009-12-312008-12-312007-12-312006-12-312005-12-312004-12-312003-12-312002-12-31
> Total Assets 
27,224,222
30,511,552
45,709,234
52,320,395
72,779,833
76,776,002
80,378,065
82,822,886
97,099,209
100,437,380
161,547,085
163,441,470
163,345,673
208,627,771
212,507,719
221,348,315
222,322,421
223,753,641
235,763,292
251,946,591
251,380,000
235,172,955
235,172,955251,380,000251,946,591235,763,292223,753,641222,322,421221,348,315212,507,719208,627,771163,345,673163,441,470161,547,085100,437,38097,099,20982,822,88680,378,06576,776,00272,779,83352,320,39545,709,23430,511,55227,224,222
   > Total Current Assets 
0
0
0
0
0
0
0
0
0
0
0
15,969,462
16,184,302
17,969,452
23,492,288
33,325,217
32,328,360
152,508,486
36,814,097
50,436,819
46,123,000
37,138,000
37,138,00046,123,00050,436,81936,814,097152,508,48632,328,36033,325,21723,492,28817,969,45216,184,30215,969,46200000000000
       Cash And Cash Equivalents 
2,807,886
2,725,735
532,544
553,449
3,464,197
3,108,981
2,793,820
1,820,157
1,253,600
2,242,527
3,411,026
5,528,765
2,625,925
7,450,873
14,008,383
28,132,375
25,908,830
16,937,797
36,814,097
50,378,819
46,123,000
30,960,386
30,960,38646,123,00050,378,81936,814,09716,937,79725,908,83028,132,37514,008,3837,450,8732,625,9255,528,7653,411,0262,242,5271,253,6001,820,1572,793,8203,108,9813,464,197553,449532,5442,725,7352,807,886
       Short-term Investments 
0
0
0
0
0
0
0
0
0
0
0
3,525,521
4,623,197
728,475
7,930
2,001,000
596,000
0
0
0
0
0
00000596,0002,001,0007,930728,4754,623,1973,525,52100000000000
       Net Receivables 
60,242
60,010
0
0
0
0
0
0
0
60,652,668
89,128,126
93,343,053
92,536,495
132,632,737
132,858,451
129,403,778
122,807,617
135,570,689
506,943
58,000
206,561
0
0206,56158,000506,943135,570,689122,807,617129,403,778132,858,451132,632,73792,536,49593,343,05389,128,12660,652,668000000060,01060,242
       Other Current Assets 
0
0
0
0
0
0
0
0
0
0
0
4,989,573
812,556
5,522,855
12,671,569
25,337,139
22,679,024
13,696,768
39,346,221
52,282,456
46,222,522
33,915,509
33,915,50946,222,52252,282,45639,346,22113,696,76822,679,02425,337,13912,671,5695,522,855812,5564,989,57300000000000
   > Long-term Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
35,418,393
33,705,933
28,719,798
38,457,000
37,730,000
37,730,00038,457,00028,719,79833,705,93335,418,39300000000000000000
       Property Plant Equipment 
454,860
452,289
1,494,555
753,676
976,073
971,824
999,869
962,709
900,519
877,935
1,450,485
1,657,327
1,613,287
1,846,621
2,071,353
1,861,730
1,796,682
2,947,770
2,852,287
2,397,490
2,582,000
2,067,106
2,067,1062,582,0002,397,4902,852,2872,947,7701,796,6821,861,7302,071,3531,846,6211,613,2871,657,3271,450,485877,935900,519962,709999,869971,824976,073753,6761,494,555452,289454,860
       Goodwill 
217,664
194,021
1,785
2,696
481,268
570,454
527,821
490,930
748,622
823,815
827,931
1,073,209
1,084,146
1,092,777
1,094,526
1,019,440
1,032,618
1,031,824
1,026,105
1,026,457
1,026,810
1,018,311
1,018,3111,026,8101,026,4571,026,1051,031,8241,032,6181,019,4401,094,5261,092,7771,084,1461,073,209827,931823,815748,622490,930527,821570,454481,2682,6961,785194,021217,664
       Long Term Investments 
0
0
0
0
0
0
0
0
0
0
0
22,593,763
24,182,253
25,611,158
28,670,958
27,537,345
29,499,045
31,084,666
29,349,282
25,271,000
33,391,000
32,355,321
32,355,32133,391,00025,271,00029,349,28231,084,66629,499,04527,537,34528,670,95825,611,15824,182,25322,593,76300000000000
       Intangible Assets 
13,010
25,813
35,019
48,524
146,028
145,338
190,715
179,050
82,679
198,346
337,141
428,528
507,150
987,793
1,040,689
1,226,418
1,428,524
1,533,159
1,569,978
1,554,964
1,457,352
1,464,763
1,464,7631,457,3521,554,9641,569,9781,533,1591,428,5241,226,4181,040,689987,793507,150428,528337,141198,34682,679179,050190,715145,338146,02848,52435,01925,81313,010
> Total Liabilities 
24,682,509
27,829,234
0
0
68,584,417
72,171,498
75,930,000
77,525,516
91,410,666
94,503,236
152,286,313
153,035,879
152,129,721
195,860,110
199,424,743
208,126,534
210,205,421
210,779,235
223,271,654
238,950,310
238,156,000
221,293,749
221,293,749238,156,000238,950,310223,271,654210,779,235210,205,421208,126,534199,424,743195,860,110152,129,721153,035,879152,286,31394,503,23691,410,66677,525,51675,930,00072,171,49868,584,4170027,829,23424,682,509
   > Total Current Liabilities 
0
0
0
0
0
0
0
0
0
0
0
124,551,093
119,647,272
159,366,039
167,135,508
179,360,482
185,932,978
537,099
607,792
672,355
1,032,869
1,138,627
1,138,6271,032,869672,355607,792537,099185,932,978179,360,482167,135,508159,366,039119,647,272124,551,09300000000000
       Short-term Debt 
0
0
0
0
0
0
0
0
0
0
0
24,081,341
36,762,454
43,015,632
44,573,649
43,199,992
0
0
7,178,770
6,522,367
30,891,504
19,829,174
19,829,17430,891,5046,522,3677,178,7700043,199,99244,573,64943,015,63236,762,45424,081,34100000000000
       Short Long Term Debt 
0
0
0
0
0
0
0
0
0
0
0
24,081,341
36,762,454
43,015,632
44,573,649
43,199,992
0
0
0
0
0
0
00000043,199,99244,573,64943,015,63236,762,45424,081,34100000000000
       Accounts payable 
13,609
25,704
0
0
973,502
34,164
34,991
0
0
0
0
122,447,664
108,033,187
146,614,297
626,516
730,746
647,274
537,099
607,792
672,355
1,032,869
1,138,627
1,138,6271,032,869672,355607,792537,099647,274730,746626,516146,614,297108,033,187122,447,664000034,99134,164973,5020025,70413,609
       Other Current Liabilities 
0
0
0
0
0
0
0
0
0
0
0
224,304
757,109
1,437,206
4,025,303
2,213,024
2,576,127
-537,099
-607,792
-672,355
-1,032,869
-1,138,627
-1,138,627-1,032,869-672,355-607,792-537,0992,576,1272,213,0244,025,3031,437,206757,109224,30400000000000
   > Long-term Liabilities 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
26,496,453
23,761,737
22,837,230
1,032,869
25,791,000
25,791,0001,032,86922,837,23023,761,73726,496,45300000000000000000
       Long term Debt Total 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
22,311,551
22,731,897
24,652,026
0
024,652,02622,731,89722,311,551000000000000000000
       Other Liabilities 
0
0
0
0
0
0
0
0
0
0
0
6,499,062
6,518,876
4,792,975
2,732,297
2,267,316
2,565,697
2,327,458
2,744,274
1,967,370
2,249,151
0
02,249,1511,967,3702,744,2742,327,4582,565,6972,267,3162,732,2974,792,9756,518,8766,499,06200000000000
> Total Stockholder Equity
2,177,234
2,318,623
3,083,162
3,373,621
4,177,913
4,583,254
4,434,002
5,269,989
5,654,677
5,886,932
8,801,597
10,347,348
11,161,159
12,730,551
13,033,308
13,160,605
12,053,461
12,905,060
12,420,004
12,971,301
13,190,000
13,844,993
13,844,99313,190,00012,971,30112,420,00412,905,06012,053,46113,160,60513,033,30812,730,55111,161,15910,347,3488,801,5975,886,9325,654,6775,269,9894,434,0024,583,2544,177,9133,373,6213,083,1622,318,6232,177,234
   Common Stock
749,609
749,609
153,002
153,002
153,002
153,002
150,000
150,000
157,954
173,881
369,944
501,435
503,058
679,906
702,019
703,371
703,371
703,371
703,371
703,371
703,000
680,000
680,000703,000703,371703,371703,371703,371703,371702,019679,906503,058501,435369,944173,881157,954150,000150,000153,002153,002153,002153,002749,609749,609
   Retained Earnings 
231,175
246,310
373,196
453,405
908,398
782,335
673,835
522,489
380,040
231,902
81,891
247,832
371,677
708,441
710,432
801,466
328,102
5,626,503
5,446,624
5,971,423
859,000
7,733,963
7,733,963859,0005,971,4235,446,6245,626,503328,102801,466710,432708,441371,677247,83281,891231,902380,040522,489673,835782,335908,398453,405373,196246,310231,175
   Capital Surplus 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
7,899,227
7,899,227
7,899,227
0
07,899,2277,899,2277,899,227000000000000000000
   Treasury Stock0000000000000000000000
   Other Stockholders Equity 
1,196,450
1,322,704
2,556,964
2,767,214
3,116,513
3,647,917
3,610,167
4,597,500
5,116,683
5,481,149
8,349,762
9,598,081
10,286,424
11,342,204
11,620,857
11,655,768
11,021,988
6,575,186
2,415,199
1,893,394
7,016,867
11,832,000
11,832,0007,016,8671,893,3942,415,1996,575,18611,021,98811,655,76811,620,85711,342,20410,286,4249,598,0818,349,7625,481,1495,116,6834,597,5003,610,1673,647,9173,116,5132,767,2142,556,9641,322,7041,196,450



Balance Sheet

Currency in EUR. All numbers in thousands.




Cash Flow

Currency in EUR. All numbers in thousands.




Income Statement

Currency in EUR. All numbers in thousands.