Scandinavian Tobacco Group A/S (STG) - Net Assets

Latest as of September 2025: Dkr8.40 Billion DKK ≈ $1.31 Billion USD

Based on the latest financial reports, Scandinavian Tobacco Group A/S (STG) has net assets worth Dkr8.40 Billion DKK (≈ $1.31 Billion USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Dkr16.36 Billion ≈ $2.56 Billion USD) and total liabilities (Dkr7.96 Billion ≈ $1.25 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. Read total liabilities of Scandinavian Tobacco Group A/S for a breakdown of total debt and financial obligations.

Key Net Assets Metrics

Metric	Value
Current Net Assets	Dkr8.40 Billion
% of Total Assets	51.33%
Annual Growth Rate	0.75%
5-Year Change	10.09%
10-Year Change	2.44%
Growth Volatility	5.25

Scandinavian Tobacco Group A/S - Net Assets Trend (2012–2024)

This chart illustrates how Scandinavian Tobacco Group A/S's net assets have evolved over time, based on quarterly financial data. Also explore Scandinavian Tobacco Group A/S asset portfolio for the complete picture of this company's asset base.

Annual Net Assets for Scandinavian Tobacco Group A/S (2012–2024)

The table below shows the annual net assets of Scandinavian Tobacco Group A/S from 2012 to 2024. For live valuation and market cap data, see market cap of Scandinavian Tobacco Group A/S.

Year	Net Assets	Change
2024-12-31	Dkr9.22 Billion ≈ $1.44 Billion	-2.30%
2023-12-31	Dkr9.43 Billion ≈ $1.48 Billion	+0.99%
2022-12-31	Dkr9.34 Billion ≈ $1.46 Billion	+4.17%
2021-12-31	Dkr8.97 Billion ≈ $1.40 Billion	+7.11%
2020-12-31	Dkr8.37 Billion ≈ $1.31 Billion	-8.02%
2019-12-31	Dkr9.10 Billion ≈ $1.42 Billion	+3.23%
2018-12-31	Dkr8.82 Billion ≈ $1.38 Billion	+4.38%
2017-12-31	Dkr8.45 Billion ≈ $1.32 Billion	-8.89%
2016-12-31	Dkr9.27 Billion ≈ $1.45 Billion	+3.06%
2015-12-31	Dkr9.00 Billion ≈ $1.41 Billion	-0.98%
2014-12-31	Dkr9.09 Billion ≈ $1.42 Billion	+9.05%
2013-12-31	Dkr8.33 Billion ≈ $1.30 Billion	-1.09%
2012-12-31	Dkr8.42 Billion ≈ $1.32 Billion	--

Equity Component Analysis

This analysis shows how different components contribute to Scandinavian Tobacco Group A/S'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 7.9% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Retained Earnings	Dkr8.83 Billion	95.77%
Common Stock	Dkr86.00 Million	0.93%
Other Comprehensive Income	Dkr1.09 Billion	11.84%
Total Equity	Dkr9.22 Billion	100.00%

Scandinavian Tobacco Group A/S Competitors by Market Cap

The table below lists competitors of Scandinavian Tobacco Group A/S ranked by their market capitalization.

Company	Market Cap
Shanghai Kelai Mechatronics SHG:603960	$855.22 Million
Teekay Corporation NYSE:TK	$855.25 Million
Sun Country Airlines Holdings Inc NASDAQ:SNCY	$855.69 Million
Jdd Tech New Mat Co Ltd SHE:301538	$855.73 Million
SHENWAN HONGYUAN GR.H YC1 F:2X2A	$854.81 Million
Theravance Biopharma Inc NASDAQ:TBPH	$854.78 Million
M Grass Ecology and Environment Group Co Ltd SHE:300355	$854.49 Million
Yatharth Hospital & Trauma Care Services Limited NSE:YATHARTH	$854.47 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Scandinavian Tobacco Group A/S's equity between the two most recent reporting periods.

Equity Growth Insights

From 2023 to 2024, total equity changed from 9,434,000,000 to 9,217,000,000, a change of -217,000,000 (-2.3%).
Net income of 939,700,000 contributed positively to equity growth.
Dividend payments of 709,800,000 reduced retained earnings.
Share repurchases of 773,600,000 reduced equity.
Other comprehensive income increased equity by 326,299,999.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	Dkr939.70 Million	+10.2%
Dividends Paid	Dkr709.80 Million	-7.7%
Share Repurchases	Dkr773.60 Million	-8.39%
Other Comprehensive Income	Dkr326.30 Million	+3.54%
Other Changes	Dkr400.00K	+0.0%
Total Change	Dkr-	-2.30%

Book Value vs Market Value Analysis

This analysis compares Scandinavian Tobacco Group A/S'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: 0.62x
The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
The price-to-book ratio has increased from 0.41x to 0.62x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2012-12-31	Dkr168.50	Dkr69.40	x
2013-12-31	Dkr166.66	Dkr69.40	x
2014-12-31	Dkr181.74	Dkr69.40	x
2015-12-31	Dkr179.96	Dkr69.40	x
2016-12-31	Dkr185.70	Dkr69.40	x
2017-12-31	Dkr169.41	Dkr69.40	x
2018-12-31	Dkr176.71	Dkr69.40	x
2019-12-31	Dkr91.08	Dkr69.40	x
2020-12-31	Dkr84.01	Dkr69.40	x
2021-12-31	Dkr93.72	Dkr69.40	x
2022-12-31	Dkr102.82	Dkr69.40	x
2023-12-31	Dkr108.85	Dkr69.40	x
2024-12-31	Dkr112.18	Dkr69.40	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Scandinavian Tobacco Group A/S 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): 10.20%
The company shows good efficiency in utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 10.21%
• Asset Turnover: 0.54x
• Equity Multiplier: 1.86x
Recent ROE (10.20%) is above the historical average (9.41%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2012	7.34%	10.34%	0.44x	1.63x	Dkr-224.29 Million
2013	6.87%	9.67%	0.45x	1.58x	Dkr-260.48 Million
2014	7.04%	10.44%	0.43x	1.56x	Dkr-268.90 Million
2015	7.42%	9.92%	0.46x	1.62x	Dkr-232.19 Million
2016	7.35%	10.10%	0.47x	1.54x	Dkr-245.79 Million
2017	8.42%	11.01%	0.50x	1.54x	Dkr-133.22 Million
2018	7.55%	9.91%	0.50x	1.52x	Dkr-216.32 Million
2019	8.21%	10.88%	0.50x	1.52x	Dkr-162.57 Million
2020	8.10%	8.47%	0.57x	1.67x	Dkr-159.33 Million
2021	15.51%	16.89%	0.56x	1.63x	Dkr493.82 Million
2022	15.80%	16.85%	0.58x	1.62x	Dkr542.14 Million
2023	12.53%	13.54%	0.55x	1.68x	Dkr239.00 Million
2024	10.20%	10.21%	0.54x	1.86x	Dkr18.00 Million

Industry Comparison

This section compares Scandinavian Tobacco Group A/S's net assets metrics with peer companies in the Tobacco industry.

No peer company data available for comparison.

About Scandinavian Tobacco Group A/S

CO:STG Denmark Tobacco

Market Cap

$854.90 Million

Dkr5.46 Billion DKK

Market Cap Rank

#9832 Global

#46 in Denmark

Share Price

Dkr69.40

Change (1 day)

+2.97%

52-Week Range

Dkr64.20 - Dkr103.60

All Time High

Dkr147.67