SBF AG
SBF AG, through its subsidiary, SBF Spezialleuchten GmbH, engages in the supply of lighting systems for rail vehicles, municipalities, railways, and industry in Germany. It offers ceiling and lighting systems; and modern and smart LED systems for the lighting of industrial plants and infrastructure, such as roads and train stations. The company was founded in 1862 and is headquartered in Leipzig,… Read more
SBF AG (CY1K) - Net Assets
Latest net assets as of December 2024: €31.50 Million EUR
Based on the latest financial reports, SBF AG (CY1K) has net assets worth €31.50 Million EUR as of December 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€49.36 Million) and total liabilities (€17.86 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 | €31.50 Million |
| % of Total Assets | 63.82% |
| Annual Growth Rate | 16.72% |
| 5-Year Change | 88.93% |
| 10-Year Change | 1065.26% |
| Growth Volatility | 66.5 |
SBF AG - Net Assets Trend (2014–2024)
This chart illustrates how SBF AG's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for SBF AG (2014–2024)
The table below shows the annual net assets of SBF AG from 2014 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €31.50 Million | -6.04% |
| 2023-12-31 | €33.53 Million | -8.99% |
| 2022-12-31 | €36.84 Million | +26.18% |
| 2021-12-31 | €29.19 Million | +75.10% |
| 2020-12-31 | €16.67 Million | +14.35% |
| 2019-12-31 | €14.58 Million | +26.05% |
| 2018-12-31 | €11.57 Million | +13.66% |
| 2017-12-31 | €10.18 Million | +23.29% |
| 2016-12-31 | €8.25 Million | +205.35% |
| 2015-12-31 | €2.70 Million | -59.70% |
| 2014-12-31 | €6.71 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to SBF AG'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 2905437447.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €6.77 Million | 21.50% |
| Other Components | €24.73 Million | 78.50% |
| Total Equity | €31.50 Million | 100.00% |
SBF AG Competitors by Market Cap
The table below lists competitors of SBF AG ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Black Mammoth Metals Corporation
PINK:LQRCF
|
$39.81 Million |
|
Clipper Realty Inc
NYSE:CLPR
|
$39.85 Million |
|
DanCann Pharma A/S
PINK:DCPXF
|
$39.87 Million |
|
Elementos Ltd
AU:ELT
|
$39.89 Million |
|
Bon Fame Co Ltd
TWO:8433
|
$39.80 Million |
|
Tile Shop Holdings Inc
NASDAQ:TTSH
|
$39.79 Million |
|
Metagenomi, Inc. Common Stock
NASDAQ:MGX
|
$39.79 Million |
|
Rectron Ltd
TW:2302
|
$39.77 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in SBF AG's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 33,526,214 to 31,500,122, a change of -2,026,092 (-6.0%).
- Net loss of 1,990,755 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-1.99 Million | -6.32% |
| Other Changes | €-35.34K | -0.11% |
| Total Change | €- | -6.04% |
Book Value vs Market Value Analysis
This analysis compares SBF AG'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: 1.24x
- 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 3.11x to 1.24x 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 | €1.29 | €4.02 | x |
| 2018-12-31 | €1.47 | €4.02 | x |
| 2019-12-31 | €1.85 | €4.02 | x |
| 2020-12-31 | €2.12 | €4.02 | x |
| 2021-12-31 | €3.31 | €4.02 | x |
| 2022-12-31 | €3.80 | €4.02 | x |
| 2023-12-31 | €3.45 | €4.02 | x |
| 2024-12-31 | €3.25 | €4.02 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently SBF AG 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): -6.32%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -4.22%
- • Asset Turnover: 0.96x
- • Equity Multiplier: 1.57x
- Recent ROE (-6.32%) is above the historical average (-18.60%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | -59.12% | 0.00% | 0.00x | 1.67x | €-4.64 Million |
| 2015 | -202.19% | -1910.38% | 0.04x | 2.81x | €-5.74 Million |
| 2016 | -0.02% | -0.90% | 0.02x | 1.04x | €-827.06K |
| 2017 | 13.35% | 6.96% | 1.18x | 1.62x | €340.90K |
| 2018 | 12.02% | 9.46% | 0.93x | 1.37x | €233.17K |
| 2019 | 20.66% | 17.86% | 0.85x | 1.36x | €1.55 Million |
| 2020 | 12.56% | 9.79% | 0.71x | 1.80x | €427.50K |
| 2021 | 16.19% | 15.16% | 0.73x | 1.46x | €1.81 Million |
| 2022 | -1.76% | -1.86% | 0.71x | 1.33x | €-4.33 Million |
| 2023 | -10.02% | -9.90% | 0.75x | 1.35x | €-6.71 Million |
| 2024 | -6.32% | -4.22% | 0.96x | 1.57x | €-5.14 Million |
Industry Comparison
This section compares SBF AG's net assets metrics with peer companies in the Railroads industry.
Industry Context
- Industry: Railroads
- Average net assets among peers: $26,719,678,836
- Average return on equity (ROE) among peers: -4.13%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| SBF AG (CY1K) | €31.50 Million | -59.12% | 0.57x | $39.81 Million |
| Bangkok Expressway and Metro PCL F (B4X) | $37.66 Billion | 9.24% | 1.99x | $958.90 Million |
| The Greenbrier Companies Inc (G90) | $863.49 Million | 22.33% | 1.07x | $1.35 Billion |
| ÜSTRA Hannoversche Verkehrsbetriebe Aktiengesellschaft (HVB) | $20.18 Million | -47.02% | 17.07x | $1.21 Million |
| JUNGFRAUB. HLDG NA SF 1,5 (J4F) | $640.37 Million | 6.80% | 0.32x | $1.71 Billion |
| Transport International Holdings Limited (KWO) | $10.20 Billion | 7.06% | 0.51x | $270.22 Million |
| L.B. Foster Company (LB1A) | $146.48 Million | 2.81% | 1.71x | $211.18 Million |
| Nippon Sharyo Ltd (NIP) | $20.95 Billion | -39.47% | 5.08x | $135.99 Million |
| Nishi-Nippon Railroad Co. Ltd (NNR) | $169.94 Billion | -7.10% | 3.16x | $1.26 Billion |
| SMT Scharf AG (S188) | $48.71 Million | 8.18% | 0.48x | $16.52 Million |