AAK AB (publ.) (6AA0) - Net Assets
Based on the latest financial reports, AAK AB (publ.) (6AA0) has net assets worth €19.97 Billion EUR as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€32.62 Billion) and total liabilities (€12.65 Billion). 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 | €19.97 Billion |
| % of Total Assets | 61.21% |
| Annual Growth Rate | 11.37% |
| 5-Year Change | 68.78% |
| 10-Year Change | N/A |
| Growth Volatility | 10.56 |
AAK AB (publ.) - Net Assets Trend (2016–2025)
This chart illustrates how AAK AB (publ.)'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for AAK AB (publ.) (2016–2025)
The table below shows the annual net assets of AAK AB (publ.) from 2016 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | €19.97 Billion | -0.90% |
| 2024-12-31 | €20.15 Billion | +17.33% |
| 2023-12-31 | €17.17 Billion | +13.86% |
| 2022-12-31 | €15.08 Billion | +27.49% |
| 2021-12-31 | €11.83 Billion | +21.49% |
| 2020-12-31 | €9.74 Billion | -6.55% |
| 2019-12-31 | €10.42 Billion | +15.84% |
| 2018-12-31 | €9.00 Billion | +16.32% |
| 2017-12-31 | €7.73 Billion | +2.09% |
| 2016-12-31 | €7.58 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to AAK AB (publ.)'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 100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €19.90 Billion | 100.00% |
| Total Equity | €19.90 Billion | 100.00% |
AAK AB (publ.) Competitors by Market Cap
The table below lists competitors of AAK AB (publ.) ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
QMMM Holdings Limited Ordinary Shares
NASDAQ:QMMM
|
$5.84 Billion |
|
Jiangsu Financial Leasing Co Ltd Class A
SHG:600901
|
$5.85 Billion |
|
FREEDOM HLDG DL-001
F:DMW2
|
$5.85 Billion |
|
Bausch + Lomb Corp
NYSE:BLCO
|
$5.86 Billion |
|
L&K Engineering Suzhou Co Ltd
SHG:603929
|
$5.84 Billion |
|
Marfrig Global Foods S.A.
SA:MRFG3
|
$5.84 Billion |
|
Rhythm Pharmaceuticals Inc
NASDAQ:RYTM
|
$5.84 Billion |
|
Nestle (Malaysia) Bhd
KLSE:4707
|
$5.83 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in AAK AB (publ.)'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 20,087,000,000 to 19,897,000,000, a change of -190,000,000 (-0.9%).
- Net income of 3,429,000,000 contributed positively to equity growth.
- Dividend payments of 1,298,000,000 reduced retained earnings.
- New share issuances of 175,000,000 increased equity.
- Other factors decreased equity by 2,496,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €3.43 Billion | +17.23% |
| Dividends Paid | €1.30 Billion | -6.52% |
| Share Issuances | €175.00 Million | +0.88% |
| Other Changes | €-2.50 Billion | -12.54% |
| Total Change | €- | -0.95% |
Book Value vs Market Value Analysis
This analysis compares AAK AB (publ.)'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: 0.29x
- 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 decreased from 0.74x to 0.29x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | €30.21 | €22.46 | x |
| 2018-12-31 | €35.11 | €22.46 | x |
| 2019-12-31 | €40.74 | €22.46 | x |
| 2020-12-31 | €37.97 | €22.46 | x |
| 2021-12-31 | €45.58 | €22.46 | x |
| 2022-12-31 | €57.93 | €22.46 | x |
| 2023-12-31 | €65.95 | €22.46 | x |
| 2024-12-31 | €77.39 | €22.46 | x |
| 2025-12-31 | €76.39 | €22.46 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently AAK AB (publ.) 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): 17.23%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.45%
- • Asset Turnover: 1.41x
- • Equity Multiplier: 1.64x
- Recent ROE (17.23%) is above the historical average (15.03%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 13.33% | 4.55% | 1.28x | 2.28x | €250.80 Million |
| 2017 | 15.58% | 4.52% | 1.57x | 2.20x | €427.60 Million |
| 2018 | 14.84% | 4.79% | 1.53x | 2.02x | €431.20 Million |
| 2019 | 14.39% | 5.22% | 1.24x | 2.22x | €453.30 Million |
| 2020 | 16.12% | 5.60% | 1.25x | 2.30x | €593.10 Million |
| 2021 | 12.20% | 4.05% | 1.31x | 2.31x | €258.70 Million |
| 2022 | 11.77% | 3.51% | 1.48x | 2.26x | €266.40 Million |
| 2023 | 17.21% | 6.40% | 1.51x | 1.78x | €1.23 Billion |
| 2024 | 17.60% | 7.85% | 1.31x | 1.71x | €1.53 Billion |
| 2025 | 17.23% | 7.45% | 1.41x | 1.64x | €1.44 Billion |
Industry Comparison
This section compares AAK AB (publ.)'s net assets metrics with peer companies in the Packaged Foods industry.
Industry Context
- Industry: Packaged Foods
- Average net assets among peers: $1,830,376,911,583
- Average return on equity (ROE) among peers: -25.07%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| AAK AB (publ.) (6AA0) | €19.97 Billion | 13.33% | 0.63x | $5.84 Billion |
| COFCO Joycome Foods Limited (0M7) | $9.25 Billion | -0.10% | 0.76x | $776.74 Million |
| WH Group Ltd (0WH) | $10.98 Billion | 7.54% | 0.70x | $12.32 Billion |
| A2 Milk Company Ltd (14L) | $1.19 Billion | 10.27% | 0.44x | $3.87 Billion |
| HOCHDORF HLDG AG (1Z3) | $157.90 Million | -6.47% | 0.72x | $37.15 Million |
| PT Salim Ivomas Pratama Tbk (2IR) | $17.78 Trillion | -3.07% | 0.96x | $11.20 Million |
| WIDE OPEN AGRICUL (2WO) | $4.40 Million | -289.41% | 1.35x | $4.97 Million |
| DaChan Food (Asia) Limited (3DS) | $2.27 Billion | 8.93% | 0.91x | $69.71 Million |
| Global Sweeteners Holdings Limited (3GS) | $-411.41 Million | 0.00% | 0.00x | $11.29 Million |
| Meiji Holdings Co. Ltd (3M0) | $495.18 Billion | 12.37% | 0.87x | $5.82 Billion |
| China Starch Holdings Limited (46C1) | $3.82 Billion | 9.21% | 0.34x | $154.17 Million |
About AAK AB (publ.)
AAK AB (publ.) develops and sells plant-based oils and fats in Sweden and internationally. It operates through Food Ingredients, Chocolate & Confectionery Fats, and Technical Products & Feed segments. The company offers food ingredients for bakery, dairy, nutrition, plant-based, and foodservice industries; chocolate and confectionery fats that serves the manufacturers of chocolate, spreads, and f… Read more