AS LHV GROUP EO -10 (ASU0) - Net Assets
Based on the latest financial reports, AS LHV GROUP EO -10 (ASU0) has net assets worth €758.21 Million EUR (≈ $886.43 Million USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€9.65 Billion ≈ $11.28 Billion USD) and total liabilities (€8.89 Billion ≈ $10.40 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. For live market cap and overall valuation, see ASU0 market cap.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €758.21 Million |
| % of Total Assets | 7.86% |
| Annual Growth Rate | 22.15% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 7.83 |
AS LHV GROUP EO -10 - Net Assets Trend (2022–2025)
This chart illustrates how AS LHV GROUP EO -10's net assets have evolved over time, based on quarterly financial data.
Annual Net Assets for AS LHV GROUP EO -10 (2022–2025)
The table below shows the annual net assets of AS LHV GROUP EO -10 from 2022 to 2025. See ASU0 net asset quality index to measure how much of total assets are equity-financed.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | €767.18 Million ≈ $896.92 Million |
+13.04% |
| 2024-12-31 | €678.66 Million ≈ $793.42 Million |
+21.98% |
| 2023-12-31 | €556.37 Million ≈ $650.45 Million |
+32.20% |
| 2022-12-31 | €420.85 Million ≈ $492.02 Million |
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Equity Component Analysis
This analysis shows how different components contribute to AS LHV GROUP EO -10'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 144.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €562.58 Million | 74.23% |
| Other Components | €195.32 Million | 25.77% |
| Total Equity | €757.90 Million | 100.00% |
AS LHV GROUP EO -10 Competitors by Market Cap
The table below lists competitors of AS LHV GROUP EO -10 ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
SUPERLOOP LTD
F:9SL
|
$1.06 Billion |
|
Isras Investment Company Ltd
TA:ISRS
|
$1.06 Billion |
|
AEVEX Corp.
NYSE:AVEX
|
$1.06 Billion |
|
Hainan Development Holdings Nanhai Co Ltd
SHE:002163
|
$1.06 Billion |
|
Zhonghong Pulin Medical Products Co. Ltd.
SHE:300981
|
$1.06 Billion |
|
Tianjin Benefo Tejing Electric Co Ltd
SHG:600468
|
$1.06 Billion |
|
Medartis Holding AG
SW:MED
|
$1.06 Billion |
|
Guizhou Gas Group Corporation Ltd Class A
SHG:600903
|
$1.06 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in AS LHV GROUP EO -10's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 670,088,000 to 757,899,000, a change of 87,811,000 (13.1%).
- Net income of 114,265,000 contributed positively to equity growth.
- Dividend payments of 31,207,000 reduced retained earnings.
- Share repurchases of 7,271,000 reduced equity.
- New share issuances of 8,002,000 increased equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €114.27 Million | +15.08% |
| Dividends Paid | €31.21 Million | -4.12% |
| Share Repurchases | €7.27 Million | -0.96% |
| Share Issuances | €8.00 Million | +1.06% |
| Other Changes | €4.02 Million | +0.53% |
| Total Change | €- | 13.10% |
Book Value vs Market Value Analysis
This analysis compares AS LHV GROUP EO -10'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: 1.39x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 2.47x to 1.39x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2022-12-31 | €1.31 | €3.24 | x |
| 2023-12-31 | €1.71 | €3.24 | x |
| 2024-12-31 | €2.07 | €3.24 | x |
| 2025-12-31 | €2.33 | €3.24 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently AS LHV GROUP EO -10 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): 15.08%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 37.48%
- • Asset Turnover: 0.03x
- • Equity Multiplier: 13.50x
- Recent ROE (15.08%) is below the historical average (19.31%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2022 | 14.48% | 35.48% | 0.03x | 14.86x | €18.51 Million |
| 2023 | 25.45% | 45.69% | 0.04x | 12.93x | €84.76 Million |
| 2024 | 22.23% | 44.03% | 0.04x | 13.04x | €81.96 Million |
| 2025 | 15.08% | 37.48% | 0.03x | 13.50x | €38.48 Million |
Industry Comparison
This section compares AS LHV GROUP EO -10's net assets metrics with peer companies in the Banks - Regional industry.
Industry Context
- Industry: Banks - Regional
- Average net assets among peers: $4,069,935,140,500
- Average return on equity (ROE) among peers: 6.74%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| AS LHV GROUP EO -10 (ASU0) | €758.21 Million | 14.48% | 11.73x | $1.06 Billion |
| Grupo Supervielle S.A (189A) | $986.07 Billion | -3.81% | 6.88x | $590.94 Million |
| WOORI FIN. GRP SP.ADR/3 (2WGA) | $28.81 Trillion | 8.83% | 14.52x | $11.06 Billion |
| Bank of Zhengzhou Co. Ltd (3BZ) | $54.31 Billion | 3.41% | 10.61x | $218.50 Million |
| Manx Financial Group PLC (3IM) | $22.43 Million | 8.62% | 10.94x | $30.82 Million |
| Postal Savings Bank of China Co Ltd (3YB) | $795.55 Billion | 9.57% | 14.82x | $12.34 Billion |
| PO.S.B.O. UNSP.ADRS/20YC1 (3YB0) | $825.81 Billion | 10.32% | 16.03x | $13.93 Billion |
| TISCO Financial Group Public Company Limited (47TA) | $43.38 Billion | 15.35% | 5.70x | $2.34 Billion |
| Bank of Qingdao Co. Ltd (4BQ) | $33.33 Billion | 8.77% | 14.67x | $1.43 Billion |
| Harbin Bank Co. Ltd (5H6) | $64.78 Billion | 1.77% | 14.73x | $113.12 Million |
| JAPAN POST BK UNSP.ADR/1 (5JP0) | $9.09 Trillion | 4.56% | 24.70x | $53.42 Billion |
About AS LHV GROUP EO -10
AS LHV Group, together with its subsidiaries, provides various banking products and services to private and business customers in Estonia and the United Kingdom. The company operates through LHV Pank, LHV Bank, LHV Varahaldus, and LHV Kindlustus segments. It offers fixed-term deposits, savings accounts, and demand deposits; investment services, including growth accounts, securities accounts, inve… Read more