Doro AB (publ)
Doro AB (publ), a technology company, develops telecom and technology products and services for seniors and individuals with special needs. The company offers smartphones, hemma doorbell, watch, and tablet under the Doro brand. It operates in Nordic, West and South Europe, Africa, Central- and Eastern Europe, the United Kingdom, Ireland, and internationally. Doro AB (publ) was incorporated in 197… Read more
Doro AB (publ) (DR8A) - Net Assets
Latest net assets as of June 2025: €548.10 Million EUR
Based on the latest financial reports, Doro AB (publ) (DR8A) has net assets worth €548.10 Million EUR as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€988.20 Million) and total liabilities (€440.10 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 | €548.10 Million |
| % of Total Assets | 55.46% |
| Annual Growth Rate | 6.29% |
| 5-Year Change | -30.18% |
| 10-Year Change | 16.54% |
| Growth Volatility | 20.51 |
Doro AB (publ) - Net Assets Trend (2013–2024)
This chart illustrates how Doro 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 Doro AB (publ) (2013–2024)
The table below shows the annual net assets of Doro AB (publ) from 2013 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €561.70 Million | +10.38% |
| 2023-12-31 | €508.90 Million | +7.14% |
| 2022-12-31 | €475.00 Million | +12.32% |
| 2021-12-31 | €422.90 Million | -47.43% |
| 2020-12-31 | €804.50 Million | +2.90% |
| 2019-12-31 | €781.80 Million | +14.35% |
| 2018-12-31 | €683.70 Million | +17.13% |
| 2017-12-31 | €583.70 Million | +12.25% |
| 2016-12-31 | €520.00 Million | +7.88% |
| 2015-12-31 | €482.00 Million | +43.97% |
| 2014-12-31 | €334.80 Million | +16.66% |
| 2013-12-31 | €287.00 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Doro 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 grown by 52.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €181.60 Million | 32.33% |
| Other Components | €380.10 Million | 67.67% |
| Total Equity | €561.70 Million | 100.00% |
Doro AB (publ) Competitors by Market Cap
The table below lists competitors of Doro AB (publ) ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Golden Matrix Group Inc
NASDAQ:GMGI
|
$90.34 Million |
|
BNCCorp Inc
OTCQX:BNCC
|
$90.37 Million |
|
DELTA PLUS GRP INH.EO-50
F:7E1
|
$90.38 Million |
|
Dmc Global Inc
NASDAQ:BOOM
|
$90.42 Million |
|
WonderFi Technologies Inc
OTCQB:WONDF
|
$90.31 Million |
|
William Penn Bancorp Inc
NASDAQ:WMPN
|
$90.31 Million |
|
Cambi ASA
OL:CAMBI
|
$90.30 Million |
|
AnaPass Inc
KQ:123860
|
$90.22 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Doro AB (publ)'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 508,900,000 to 561,700,000, a change of 52,800,000 (10.4%).
- Net income of 86,100,000 contributed positively to equity growth.
- Dividend payments of 48,700,000 reduced retained earnings.
- New share issuances of 1,100,000 increased equity.
- Other factors increased equity by 14,300,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €86.10 Million | +15.33% |
| Dividends Paid | €48.70 Million | -8.67% |
| Share Issuances | €1.10 Million | +0.2% |
| Other Changes | €14.30 Million | +2.55% |
| Total Change | €- | 10.38% |
Book Value vs Market Value Analysis
This analysis compares Doro 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: 0.16x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | €24.57 | €3.63 | x |
| 2018-12-31 | €28.25 | €3.63 | x |
| 2019-12-31 | €32.90 | €3.63 | x |
| 2020-12-31 | €33.52 | €3.63 | x |
| 2021-12-31 | €17.38 | €3.63 | x |
| 2022-12-31 | €19.53 | €3.63 | x |
| 2023-12-31 | €20.92 | €3.63 | x |
| 2024-12-31 | €23.04 | €3.63 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Doro 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): 15.33%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 9.76%
- • Asset Turnover: 0.93x
- • Equity Multiplier: 1.68x
- Recent ROE (15.33%) is below the historical average (18.01%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 21.11% | 5.34% | 1.51x | 2.61x | €31.90 Million |
| 2014 | 17.38% | 4.57% | 1.50x | 2.55x | €24.72 Million |
| 2015 | 13.24% | 3.47% | 1.53x | 2.49x | €15.60 Million |
| 2016 | 5.96% | 1.58% | 1.52x | 2.48x | €-21.00 Million |
| 2017 | 11.39% | 3.46% | 1.63x | 2.02x | €8.13 Million |
| 2018 | 13.38% | 4.80% | 1.30x | 2.14x | €23.13 Million |
| 2019 | 9.96% | 3.78% | 1.23x | 2.15x | €-280.00K |
| 2020 | 6.10% | 2.91% | 1.07x | 1.97x | €-31.35 Million |
| 2021 | 87.30% | 35.51% | 1.05x | 2.34x | €326.91 Million |
| 2022 | 8.61% | 4.50% | 1.01x | 1.90x | €-6.60 Million |
| 2023 | 6.37% | 3.33% | 1.12x | 1.71x | €-18.49 Million |
| 2024 | 15.33% | 9.76% | 0.93x | 1.68x | €29.93 Million |
Industry Comparison
This section compares Doro AB (publ)'s net assets metrics with peer companies in the Communication Equipment industry.
Industry Context
- Industry: Communication Equipment
- Average net assets among peers: $248,938,058
- Average return on equity (ROE) among peers: -6.84%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Doro AB (publ) (DR8A) | €548.10 Million | 21.11% | 0.80x | $90.34 Million |
| Adtran Networks SE (ADV) | $177.11 Million | 4.73% | 0.83x | $272.52 Million |
| CeoTronics AG (CEK) | $15.71 Million | 15.95% | 0.83x | $110.37K |
| UET United Electronic Technology AG (CFC) | $3.61 Million | 0.51% | 12.45x | $2.87 Million |
| Chengdu PUTIAN Telecommunications Cable Company Limited (CUEH) | $965.08 Million | -5.19% | 0.17x | $20.94 Million |
| Addvalue Technologies Ltd (DDU) | $8.04 Million | 24.30% | 2.08x | $95.51 Million |
| EKINOPS S.A (E0J) | $15.82 Million | -18.07% | 0.53x | $36.13 Million |
| Funkwerk AG (FEW) | $21.80 Million | 18.46% | 1.55x | $52.20 Million |
| Invisio AB (publ) (ICQ) | $1.03 Billion | 29.78% | 0.38x | $1.29 Billion |
| Option NV (OINA) | $4.26 Million | -131.99% | 3.61x | $18.21K |