Traton SE (8TRA) - Net Assets
Based on the latest financial reports, Traton SE (8TRA) has net assets worth €19.21 Billion EUR (≈ $22.46 Billion USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€71.57 Billion ≈ $83.67 Billion USD) and total liabilities (€52.36 Billion ≈ $61.21 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. Check Traton SE (8TRA) strategic investment index to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €19.21 Billion |
| % of Total Assets | 26.84% |
| Annual Growth Rate | 6.11% |
| 5-Year Change | 38.59% |
| 10-Year Change | N/A |
| Growth Volatility | 15.09 |
Traton SE - Net Assets Trend (2016–2025)
This chart illustrates how Traton SE's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see 8TRA market cap.
Annual Net Assets for Traton SE (2016–2025)
The table below shows the annual net assets of Traton SE from 2016 to 2025. Also explore 8TRA year-over-year net asset growth to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | €18.64 Billion ≈ $21.79 Billion |
+4.44% |
| 2024-12-31 | €17.84 Billion ≈ $20.86 Billion |
+8.22% |
| 2023-12-31 | €16.49 Billion ≈ $19.28 Billion |
+14.71% |
| 2022-12-31 | €14.37 Billion ≈ $16.80 Billion |
+6.89% |
| 2021-12-31 | €13.45 Billion ≈ $15.72 Billion |
+2.11% |
| 2020-12-31 | €13.17 Billion ≈ $15.40 Billion |
-6.83% |
| 2019-12-31 | €14.13 Billion ≈ $16.53 Billion |
-15.87% |
| 2018-12-31 | €16.80 Billion ≈ $19.64 Billion |
+42.26% |
| 2017-12-31 | €11.81 Billion ≈ $13.81 Billion |
+8.04% |
| 2016-12-31 | €10.93 Billion ≈ $12.78 Billion |
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Equity Component Analysis
This analysis shows how different components contribute to Traton SE'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 2087100000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €9.05 Billion | 48.59% |
| Other Components | €9.58 Billion | 51.41% |
| Total Equity | €18.63 Billion | 100.00% |
Traton SE Competitors by Market Cap
The table below lists competitors of Traton SE ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Airports of Thailand Public Company Limited
F:NYVQ
|
$18.86 Billion |
|
ZTE Corp
SHE:000063
|
$18.87 Billion |
|
Evolution Mining Ltd
AU:EVN
|
$18.87 Billion |
|
EDP - Energias de Portugal S.A.
LS:EDP
|
$18.89 Billion |
|
Solar Industries India Limited
NSE:SOLARINDS
|
$18.84 Billion |
|
Coca-Cola FEMSA S.A.B. de C.V
F:CFSL
|
$18.82 Billion |
|
Hyundai Motor India Ltd
NSE:HYUNDAI
|
$18.80 Billion |
|
HUATEI SECS.CO GDR S/10
F:206G
|
$18.80 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Traton SE's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 17,838,000,000 to 18,633,000,000, a change of 795,000,000 (4.5%).
- Net income of 1,547,000,000 contributed positively to equity growth.
- Dividend payments of 850,000,000 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €1.55 Billion | +8.3% |
| Dividends Paid | €850.00 Million | -4.56% |
| Other Changes | €98.00 Million | +0.53% |
| Total Change | €- | 4.46% |
Book Value vs Market Value Analysis
This analysis compares Traton SE'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: 0.97x
- 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 1.08x to 0.97x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-12-31 | €33.60 | €36.14 | x |
| 2019-12-31 | €27.73 | €36.14 | x |
| 2020-12-31 | €25.88 | €36.14 | x |
| 2021-12-31 | €26.89 | €36.14 | x |
| 2022-12-31 | €28.74 | €36.14 | x |
| 2023-12-31 | €32.96 | €36.14 | x |
| 2024-12-31 | €35.68 | €36.14 | x |
| 2025-12-31 | €37.27 | €36.14 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Traton SE 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): 8.30%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.51%
- • Asset Turnover: 0.65x
- • Equity Multiplier: 3.66x
- Recent ROE (8.30%) is above the historical average (7.94%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 1.92% | 0.95% | 0.53x | 3.81x | €-874.90 Million |
| 2017 | 8.79% | 4.22% | 0.57x | 3.65x | €-141.20 Million |
| 2018 | 8.27% | 5.82% | 0.51x | 2.76x | €-289.90 Million |
| 2019 | 10.95% | 6.15% | 0.55x | 3.26x | €131.50 Million |
| 2020 | -0.78% | -0.45% | 0.53x | 3.31x | €-1.39 Billion |
| 2021 | 3.40% | 1.49% | 0.56x | 4.10x | €-887.40 Million |
| 2022 | 7.94% | 2.83% | 0.69x | 4.05x | €-295.80 Million |
| 2023 | 14.87% | 5.23% | 0.76x | 3.74x | €802.80 Million |
| 2024 | 15.72% | 5.91% | 0.72x | 3.67x | €1.02 Billion |
| 2025 | 8.30% | 3.51% | 0.65x | 3.66x | €-316.30 Million |
Industry Comparison
This section compares Traton SE's net assets metrics with peer companies in the Farm & Heavy Construction Machinery industry.
Industry Context
- Industry: Farm & Heavy Construction Machinery
- Average net assets among peers: $94,457,176,654
- Average return on equity (ROE) among peers: 7.65%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Traton SE (8TRA) | €19.21 Billion | 1.92% | 2.73x | $18.84 Billion |
| TAT HONG EQ.SRV. DL-08 (1Q2) | $1.52 Billion | -2.36% | 1.08x | $86.35 Million |
| Sinotruk (Hong Kong) Limited (4SK) | $35.68 Billion | 19.20% | 2.11x | $12.76 Billion |
| Zoomlion Heavy Industry Science and Technology Co. Ltd (8CZ) | $56.98 Billion | 4.05% | 1.17x | $1.18 Billion |
| Lonking Holdings Limited (C9IB) | $6.85 Billion | 7.01% | 0.98x | $1.58 Billion |
| Daimler Truck Holding AG (DTG) | $20.61 Billion | 12.93% | 2.10x | $30.60 Billion |
| DAIMLER TRUCK SP.ADS/1/2 (DTG1) | $22.23 Billion | 16.99% | 2.20x | $30.57 Billion |
| First Tractor Company Limited (FTP) | $5.44 Billion | 1.04% | 1.59x | $458.22 Million |
| HITACHI CONSTR.MACH.ADR/2 (HCMA) | $701.04 Billion | 10.01% | 1.32x | $7.15 Billion |
| Kion Group AG (KGX) | $-213.04 Million | 0.00% | 0.00x | $6.19 Billion |
About Traton SE
Traton SE, together with its subsidiaries, manufactures and sells commercial vehicles in Germany, rest of Europe, the United States of America, rest of North America, Brazil, rest of South America, and internationally. It operates through Scania Vehicles and Services; MAN Truck & Bus; International Motors; Volkswagen Truck & Bus; and TRATON Financial Services segments. The company offers heavy-du… Read more