MS Industrie AG Net Assets
MS Industrie AG net assets. Based on the latest financial reports, MS Industrie AG (MSAG) has net assets worth €59.28 Million EUR (≈ $69.30 Million USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€136.13 Million ≈ $159.15 Million USD) and total liabilities (€76.85 Million ≈ $89.85 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. Also explore MS Industrie AG (MSAG) net asset momentum to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €59.28 Million |
| % of Total Assets | 43.54% |
| Annual Growth Rate | 3.38% |
| 5-Year Change | -11.74% |
| 10-Year Change | 28.19% |
| Growth Volatility | 10.61 |
Net Assets of MS Industrie AG (2013–2024)
Net assets of MS Industrie AG from 2013 to 2024. This chart illustrates how MS Industrie AG's net assets have evolved over time, based on quarterly financial data. See debt-free asset ratio of MS Industrie AG to measure how much of total assets are equity-financed.
Annual Net Assets for MS Industrie AG (2013–2024)
The table below shows the annual net assets of MS Industrie AG from 2013 to 2024. For live market cap and overall valuation, see MSAG company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €60.51 Million ≈ $70.74 Million |
-19.21% |
| 2023-12-31 | €74.90 Million ≈ $87.56 Million |
+4.46% |
| 2022-12-31 | €71.70 Million ≈ $83.83 Million |
+5.41% |
| 2021-12-31 | €68.02 Million ≈ $79.52 Million |
-0.79% |
| 2020-12-31 | €68.56 Million ≈ $80.16 Million |
-10.66% |
| 2019-12-31 | €76.75 Million ≈ $89.72 Million |
+17.50% |
| 2018-12-31 | €65.31 Million ≈ $76.36 Million |
+15.22% |
| 2017-12-31 | €56.68 Million ≈ $66.27 Million |
+9.45% |
| 2016-12-31 | €51.79 Million ≈ $60.55 Million |
+9.71% |
| 2015-12-31 | €47.21 Million ≈ $55.19 Million |
-0.09% |
| 2014-12-31 | €47.25 Million ≈ $55.24 Million |
+12.49% |
| 2013-12-31 | €42.00 Million ≈ $49.10 Million |
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Equity Component Analysis
This analysis shows how different components contribute to MS Industrie 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 2438600000.0% over the analyzed period, indicating profitable operations and earnings retention.
MS Industrie AG Net Assets Breakdown (December 2024)
MS Industrie AG net assets breakdown by equity component as of December 2024.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €22.47 Million | 37.13% |
| Other Components | €38.04 Million | 62.87% |
| Total Equity | €60.51 Million | 100.00% |
MS Industrie AG Competitors by Market Cap
The table below lists competitors of MS Industrie AG ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Aarvee Denims & Exports Limited
NSE:AARVEEDEN
|
$38.07 Million |
|
Ryde Group Ltd.
NYSE MKT:RYDE
|
$38.07 Million |
|
Appasia Bhd
KLSE:0119
|
$38.08 Million |
|
PanGen Biotech Inc
KQ:222110
|
$38.09 Million |
|
Rhone Ma Holdings Bhd
KLSE:5278
|
$38.06 Million |
|
Alterity Therapeutics Ltd
NASDAQ:ATHE
|
$38.06 Million |
|
Sambo Motors Co. Ltd
KQ:053700
|
$38.05 Million |
|
Piolink Inc
KQ:170790
|
$38.04 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in MS Industrie AG's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 74,898,000 to 60,512,000, a change of -14,386,000 (-19.2%).
- Net loss of 3,899,000 reduced equity.
- Other factors decreased equity by 10,487,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-3.90 Million | -6.44% |
| Other Changes | €-10.49 Million | -17.33% |
| Total Change | €- | -19.21% |
Book Value vs Market Value Analysis
This analysis compares MS Industrie 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: 0.65x
- 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 | €1.90 | €1.32 | x |
| 2018-12-31 | €2.19 | €1.32 | x |
| 2019-12-31 | €2.58 | €1.32 | x |
| 2020-12-31 | €2.30 | €1.32 | x |
| 2021-12-31 | €2.27 | €1.32 | x |
| 2022-12-31 | €2.40 | €1.32 | x |
| 2023-12-31 | €2.50 | €1.32 | x |
| 2024-12-31 | €2.04 | €1.32 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently MS Industrie 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): -6.44%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -2.28%
- • Asset Turnover: 1.24x
- • Equity Multiplier: 2.27x
- Recent ROE (-6.44%) is below the historical average (4.92%), 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 | 4.80% | 1.10% | 1.16x | 3.78x | €-2.14 Million |
| 2014 | 8.74% | 1.89% | 1.58x | 2.93x | €-596.70K |
| 2015 | 7.32% | 1.26% | 1.83x | 3.17x | €-1.26 Million |
| 2016 | 8.61% | 1.88% | 1.54x | 2.97x | €-722.90K |
| 2017 | 12.36% | 2.80% | 1.64x | 2.69x | €1.34 Million |
| 2018 | 10.98% | 2.54% | 1.65x | 2.61x | €640.60K |
| 2019 | 21.73% | 7.38% | 1.09x | 2.69x | €9.02 Million |
| 2020 | -10.89% | -4.55% | 0.96x | 2.50x | €-14.32 Million |
| 2021 | -5.87% | -2.43% | 0.90x | 2.70x | €-10.80 Million |
| 2022 | 1.64% | 0.57% | 0.98x | 2.94x | €-5.99 Million |
| 2023 | 6.09% | 1.82% | 1.23x | 2.70x | €-2.93 Million |
| 2024 | -6.44% | -2.28% | 1.24x | 2.27x | €-9.95 Million |
Industry Comparison
This section compares MS Industrie AG's net assets metrics with peer companies in the Auto Parts industry.
Industry Context
- Industry: Auto Parts
- Average net assets among peers: $247,467,586,563
- Average return on equity (ROE) among peers: -3.10%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| MS Industrie AG (MSAG) | €59.28 Million | 4.80% | 1.30x | $38.06 Million |
| ADIENT PLC DL-001 (18I) | $2.53 Billion | 0.71% | 2.69x | $1.39 Billion |
| AETHER CATALYST SOLUT. (2QZ) | $558.50K | -83.99% | 0.37x | $37.72K |
| Fuyao Glass Industry Group Co. Ltd (4FG) | $28.99 Billion | 16.41% | 0.75x | $4.08 Billion |
| AUMOVIO N (AMV0) | $8.96 Billion | -3.23% | 1.22x | $3.91 Billion |
| Bertrandt Aktiengesellschaft (BDT) | $403.43 Million | 0.93% | 1.34x | $90.74 Million |
| Bridgestone Corporation (BGTA) | $2.40 Trillion | 12.00% | 0.65x | $21.84 Billion |
| AURRIGO INT.PLCLS-002 (CI0) | $3.52 Million | 2.04% | 1.33x | $109.93 Million |
| Continental Aktiengesellschaft (CON) | $18.33 Billion | 15.80% | 1.21x | $14.00 Billion |
| CONTINENTAL AG ADR 1/10 (CONA) | $12.67 Billion | 11.33% | 1.81x | $14.61 Billion |
| Delticom AG (DEX) | $49.25 Million | -2.95% | 3.72x | $37.45 Million |
About MS Industrie AG
MS Industrie AG primarily operates in the powertrain and ultrasonic technology businesses in Germany and internationally. It designs, develops, and manufactures automotive components and systems for engines. The company also offers services in the field of ultrasonic technologies for the automotive, textile, medical technology, consumer goods, and other industries, such as customer-specific and t… Read more