Summa Defence Oyj
Summa Defence Oyj, a defense and security technology group, focuses on dual-use technologies related to security of supply, situational awareness, mobility, and defense in the civilian, security, and defense sectors. It offers aluminum and steel-hulled vessels, multipurpose machine and equipment solutions, watermaster multi-purpose machines, containers and modular spaces, drones, near-eye display… Read more
Summa Defence Oyj (5J40) - Net Assets
Latest net assets as of June 2025: €188.02 Million EUR
Based on the latest financial reports, Summa Defence Oyj (5J40) has net assets worth €188.02 Million EUR as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€303.52 Million) and total liabilities (€115.50 Million). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €188.02 Million |
| % of Total Assets | 61.95% |
| Annual Growth Rate | 61.89% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 217.36 |
Summa Defence Oyj - Net Assets Trend (2021–2024)
This chart illustrates how Summa Defence Oyj's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Summa Defence Oyj (2021–2024)
The table below shows the annual net assets of Summa Defence Oyj from 2021 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €27.31 Million | -31.70% |
| 2023-12-31 | €39.99 Million | +12.95% |
| 2022-12-31 | €35.40 Million | +450.09% |
| 2021-12-31 | €6.44 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Summa Defence Oyj'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 2500577882.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €90.27 Million | 467.23% |
| Total Equity | €19.32 Million | 100.00% |
Summa Defence Oyj Competitors by Market Cap
The table below lists competitors of Summa Defence Oyj ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Readytech Holdings Ltd
AU:RDY
|
$44.47 Million |
|
COGNOR HOLDING ZY 15
F:WO9
|
$44.47 Million |
|
Kenorland Minerals Ltd
OTCQX:KLDCF
|
$44.47 Million |
|
Neousys Technology Inc.
TWO:6922
|
$44.49 Million |
|
Primoco UAV SE
PR:PRIUA
|
$44.46 Million |
|
OssDsign AB
ST:OSSD
|
$44.46 Million |
|
Apex Critical Metals Corp.
OTCQB:APXCF
|
$44.44 Million |
|
RSUPPORT Co. Ltd
KQ:131370
|
$44.44 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Summa Defence Oyj's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 39,989,000 to 19,321,000, a change of -20,668,000 (-51.7%).
- Net loss of 20,688,000 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-20.69 Million | -107.08% |
| Other Changes | €20.00K | +0.1% |
| Total Change | €- | -51.68% |
Book Value vs Market Value Analysis
This analysis compares Summa Defence Oyj'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: 0.49x
- 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 0.28x to 0.49x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | €3.90 | €1.09 | x |
| 2022-12-31 | €4.52 | €1.09 | x |
| 2023-12-31 | €4.61 | €1.09 | x |
| 2024-12-31 | €2.23 | €1.09 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Summa Defence Oyj 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): -107.08%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -26.13%
- • Asset Turnover: 1.48x
- • Equity Multiplier: 2.77x
- Recent ROE (-107.08%) is below the historical average (-52.10%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | -89.15% | -229.80% | 0.31x | 1.26x | €-6.38 Million |
| 2022 | -11.49% | -47.10% | 0.13x | 1.82x | €-7.61 Million |
| 2023 | -0.68% | -0.41% | 0.98x | 1.70x | €-4.27 Million |
| 2024 | -107.08% | -26.13% | 1.48x | 2.77x | €-22.62 Million |
Industry Comparison
This section compares Summa Defence Oyj's net assets metrics with peer companies in the Aerospace & Defense industry.
Industry Context
- Industry: Aerospace & Defense
- Average net assets among peers: $455,337,421
- Average return on equity (ROE) among peers: -30.49%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Summa Defence Oyj (5J40) | €188.02 Million | -89.15% | 0.61x | $44.47 Million |
| Savosolar Oyj (5J4) | $3.76 Million | -145.67% | 0.85x | $1.12 Million |
| Genesis Scale Holdings Limited (92N0) | $2.73 Billion | -1.74% | 0.17x | $20.08 Million |
| Cohort plc (C7K) | $89.19 Million | 10.32% | 1.28x | $466.12 Million |
| Porto Aviation Group S.p.A. (M2N) | $3.20 Million | 6.21% | 0.77x | $100.47K |
| OHB SE (OHB) | $34.62 Million | 9.85% | 1.48x | $209.33 Million |
| Renk Group AG (R3NK) | $324.51 Million | 4.97% | 3.57x | $3.77 Billion |
| SPIRIT AERO HLDG-A (S9Q) | $448.80 Million | -120.50% | 16.24x | $3.48 Billion |
| AS Rigas kugu buvetava (UW3) | $11.24 Million | -7.33% | 0.68x | $2.09 Million |