Sword Group S.E (9RS) - Net Assets
Based on the latest financial reports, Sword Group S.E (9RS) has net assets worth €76.45 Million EUR (≈ $89.38 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€303.68 Million ≈ $355.04 Million USD) and total liabilities (€227.23 Million ≈ $265.66 Million 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 9RS liabilities breakdown for a breakdown of total debt and financial obligations.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €76.45 Million |
| % of Total Assets | 25.17% |
| Annual Growth Rate | -7.36% |
| 5-Year Change | -18.95% |
| 10-Year Change | N/A |
| Growth Volatility | 11.91 |
Sword Group S.E - Net Assets Trend (2016–2025)
This chart illustrates how Sword Group S.E's net assets have evolved over time, based on quarterly financial data. Also explore 9RS current and non-current assets for the complete picture of this company's asset base.
Annual Net Assets for Sword Group S.E (2016–2025)
The table below shows the annual net assets of Sword Group S.E from 2016 to 2025. For live valuation and market cap data, see market value of Sword Group S.E.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | €76.45 Million ≈ $89.38 Million |
-21.27% |
| 2024-12-31 | €97.11 Million ≈ $113.53 Million |
-7.87% |
| 2023-12-31 | €105.41 Million ≈ $123.24 Million |
+3.81% |
| 2022-12-31 | €101.54 Million ≈ $118.72 Million |
+7.65% |
| 2021-12-31 | €94.33 Million ≈ $110.28 Million |
-30.61% |
| 2020-12-31 | €135.94 Million ≈ $158.93 Million |
-9.38% |
| 2019-12-31 | €150.01 Million ≈ $175.38 Million |
+0.76% |
| 2018-12-31 | €148.88 Million ≈ $174.05 Million |
+3.87% |
| 2017-12-31 | €143.33 Million ≈ $167.57 Million |
-5.81% |
| 2016-12-31 | €152.17 Million ≈ $177.90 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Sword Group S.E'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 119.8% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €87.31 Million | 117.08% |
| Total Equity | €74.57 Million | 100.00% |
Sword Group S.E Competitors by Market Cap
The table below lists competitors of Sword Group S.E ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Pubmatic Inc
NASDAQ:PUBM
|
$303.55 Million |
|
Greenpanel Industries Limited
NSE:GREENPANEL
|
$303.57 Million |
|
Chengdu Qinchuan IoT Technology Co Ltd
SHG:688528
|
$303.61 Million |
|
Galan Lithium Limited
F:9CH
|
$303.62 Million |
|
Strattec Security Corporation
NASDAQ:STRT
|
$303.45 Million |
|
Weifu High Tech Group
SHE:200581
|
$303.45 Million |
|
AC Immune Ltd
NASDAQ:ACIU
|
$303.29 Million |
|
Kustur Kusadasi Turizm Endustrisi AS
IS:KSTUR
|
$303.27 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sword Group S.E's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 95,448,000 to 74,571,000, a change of -20,877,000 (-21.9%).
- Net income of 19,048,000 contributed positively to equity growth.
- Dividend payments of 18,868,000 reduced retained earnings.
- New share issuances of 796,000 increased equity.
- Other factors decreased equity by 21,853,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €19.05 Million | +25.54% |
| Dividends Paid | €18.87 Million | -25.3% |
| Share Issuances | €796.00K | +1.07% |
| Other Changes | €-21.85 Million | -29.3% |
| Total Change | €- | -21.87% |
Book Value vs Market Value Analysis
This analysis compares Sword Group S.E'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: 3.80x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has increased from 2.06x to 3.80x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | €14.59 | €30.00 | x |
| 2018-12-31 | €15.61 | €30.00 | x |
| 2019-12-31 | €15.41 | €30.00 | x |
| 2020-12-31 | €14.07 | €30.00 | x |
| 2021-12-31 | €9.74 | €30.00 | x |
| 2022-12-31 | €10.57 | €30.00 | x |
| 2023-12-31 | €11.08 | €30.00 | x |
| 2024-12-31 | €10.08 | €30.00 | x |
| 2025-12-31 | €7.89 | €30.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sword Group S.E 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): 25.54%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.32%
- • Asset Turnover: 1.18x
- • Equity Multiplier: 4.07x
- Recent ROE (25.54%) is below the historical average (31.94%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 7.13% | 6.55% | 0.70x | 1.56x | €-4.22 Million |
| 2017 | 7.49% | 6.01% | 0.77x | 1.61x | €-3.49 Million |
| 2018 | 57.86% | 50.22% | 0.64x | 1.80x | €71.20 Million |
| 2019 | 9.01% | 6.22% | 0.83x | 1.75x | €-1.45 Million |
| 2020 | 39.72% | 25.07% | 0.90x | 1.75x | €39.87 Million |
| 2021 | 19.00% | 8.23% | 0.95x | 2.43x | €8.36 Million |
| 2022 | 108.88% | 40.31% | 1.11x | 2.43x | €99.67 Million |
| 2023 | 21.91% | 7.92% | 1.15x | 2.41x | €12.41 Million |
| 2024 | 22.85% | 6.75% | 1.10x | 3.06x | €12.26 Million |
| 2025 | 25.54% | 5.32% | 1.18x | 4.07x | €11.59 Million |
Industry Comparison
This section compares Sword Group S.E's net assets metrics with peer companies in the Software - Application industry.
Industry Context
- Industry: Software - Application
- Average net assets among peers: $290,100,661
- Average return on equity (ROE) among peers: -57.15%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sword Group S.E (9RS) | €76.45 Million | 7.13% | 2.97x | $303.45 Million |
| Materialise NV (06MA) | $248.49 Million | 5.41% | 0.59x | $301.24 Million |
| Patriot One Technologies Inc (0PL) | $33.53 Million | -35.74% | 0.02x | $81.70 Million |
| AXWAY SOFTWARE EO 2 (1XV) | $553.48 Million | 7.36% | 1.19x | $965.69 Million |
| Spyrosoft Spólka Akcyjna (2NP) | $108.85 Million | 18.11% | 0.82x | $111.02 Million |
| WEIMOB INC. DL-0001 (36W) | $1.81 Billion | -95.35% | 2.84x | $704.54 Million |
| INSURAGUEST TECHN. INC. (4JG) | $197.88K | -333.23% | 2.29x | $99.69K |
| Envirosuite Limited (57P) | $13.14 Million | 10.71% | 0.70x | $67.90 Million |
| COINSILIUM GROUP LTD (5CT) | $3.54 Million | -18.66% | 0.03x | $6.94 Million |
| BIG TECHNOLOGIES LS-10 (7I8) | $121.44 Million | 13.33% | 0.07x | $318.53 Million |
| ETHERNITY NETW.(DI) -001 (82N) | $5.58 Million | -143.45% | 1.20x | $100.00K |
About Sword Group S.E
Sword Group S.E. provides IT and software solutions. It operates through Services/United Kingdom; Services/Belux; Services/Switzerland; and Software segments. The company offers digital services comprising software and agile product development, DevOps, application modernization, and quality assurance; data and AI services consisting of predictive analytics, data integration and visualization, da… Read more