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AA Tech SpA (MIL:AAT) Tangible Book per Share : €0.24 (As of Dec. 2023)


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What is AA Tech SpA Tangible Book per Share?

Tangible book value per share is calculated as the total tangible equity divided by Shares Outstanding (EOP). Total tangible equity is calculated as the Total Stockholders Equity minus Preferred Stock minus Intangible Assets. AA Tech SpA's tangible book value per share for the quarter that ended in Dec. 2023 was €0.24.

Since intangibles such as goodwill cannot be sold when the company liquidates, tangible book value per share is considered more accurate in reflecting how much shareholders will receive when the company liquidates.


AA Tech SpA Tangible Book per Share Historical Data

The historical data trend for AA Tech SpA's Tangible Book per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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AA Tech SpA Tangible Book per Share Chart

AA Tech SpA Annual Data
Trend Dec21 Dec22 Dec23
Tangible Book per Share
0.47 0.38 0.24

AA Tech SpA Semi-Annual Data
Dec21 Dec22 Dec23
Tangible Book per Share 0.47 0.38 0.24

Competitive Comparison of AA Tech SpA's Tangible Book per Share

For the Software - Infrastructure subindustry, AA Tech SpA's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


AA Tech SpA's Price-to-Tangible-Book Distribution in the Software Industry

For the Software industry and Technology sector, AA Tech SpA's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where AA Tech SpA's Price-to-Tangible-Book falls into.



AA Tech SpA Tangible Book per Share Calculation

AA Tech SpA's Tangible Book Value Per Share for the fiscal year that ended in Dec. 2023 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(4.566-0-3.088)/6.0805
=0.24

AA Tech SpA's Tangible Book Value Per Share for the quarter that ended in Dec. 2023 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(4.566-0-3.088)/6.0805
=0.24

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Theoretically it is what the shareholders will receive if the company is liquidated. Total equity is a balance sheet item and equal to total assets less total liabilities of the company. Since intangibles such as goodwill cannot be sold when the company liquidates, tangible book value per share is considered more accurate in reflecting how much shareholders will receive when the company liquidates.


AA Tech SpA  (MIL:AAT) Tangible Book per Share Explanation

Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.

For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.


AA Tech SpA Tangible Book per Share Related Terms

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AA Tech SpA (MIL:AAT) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Via Giovanni Lanza 57, Fondi, ITA, 04022
AA Tech SpA is an innovative venture tech builder in the digital sector, with the constant aim of identifying new technologies in the aforementioned sectors in Italy. In particular, the Company, through a process of continuous innovation, intends to seek innovative solutions that create new opportunities for generating value, with the intention, after their creation and validation, of making these companies autonomous. One of its subsidiaries Previon a Fintech company that provides open banking services for compulsory and complementary pension funds.