Masterflex SE (MZX) - Net Assets
Based on the latest financial reports, Masterflex SE (MZX) has net assets worth €68.00 Million EUR (≈ $79.50 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€98.41 Million ≈ $115.05 Million USD) and total liabilities (€30.41 Million ≈ $35.55 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. Check Masterflex SE (MZX) tangible equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €68.00 Million |
| % of Total Assets | 69.1% |
| Annual Growth Rate | 10.57% |
| 5-Year Change | 54.01% |
| 10-Year Change | 144.44% |
| Growth Volatility | 7.53 |
Masterflex SE - Net Assets Trend (2013–2024)
This chart illustrates how Masterflex SE's net assets have evolved over time, based on quarterly financial data. See Masterflex SE defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Masterflex SE (2013–2024)
The table below shows the annual net assets of Masterflex SE from 2013 to 2024. For live valuation and market cap data, see MZX stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €63.59 Million ≈ $74.34 Million |
+10.39% |
| 2023-12-31 | €57.60 Million ≈ $67.34 Million |
+10.81% |
| 2022-12-31 | €51.98 Million ≈ $60.78 Million |
+15.58% |
| 2021-12-31 | €44.98 Million ≈ $52.58 Million |
+8.94% |
| 2020-12-31 | €41.28 Million ≈ $48.27 Million |
-1.74% |
| 2019-12-31 | €42.02 Million ≈ $49.12 Million |
+4.46% |
| 2018-12-31 | €40.22 Million ≈ $47.02 Million |
+7.56% |
| 2017-12-31 | €37.40 Million ≈ $43.72 Million |
+30.30% |
| 2016-12-31 | €28.70 Million ≈ $33.55 Million |
+10.34% |
| 2015-12-31 | €26.01 Million ≈ $30.41 Million |
+9.13% |
| 2014-12-31 | €23.84 Million ≈ $27.87 Million |
+13.16% |
| 2013-12-31 | €21.06 Million ≈ $24.62 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Masterflex SE'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 3584600000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €23.13 Million | 36.59% |
| Other Components | €40.08 Million | 63.41% |
| Total Equity | €63.21 Million | 100.00% |
Masterflex SE Competitors by Market Cap
The table below lists competitors of Masterflex SE ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Bionime Corp
TW:4737
|
$138.55 Million |
|
Muhak Co. Ltd
KO:033920
|
$138.57 Million |
|
Buligo Capital Ltd
TA:BLGO
|
$138.58 Million |
|
Asian Hotels (North) Limited
NSE:ASIANHOTNR
|
$138.62 Million |
|
DEVEX Resources Ltd
AU:DEV
|
$138.47 Million |
|
Wam Strategic Value Ltd
AU:WAR
|
$138.28 Million |
|
Midas Minerals Ltd
AU:MM1
|
$138.26 Million |
|
Rupa & Company Limited
NSE:RUPA
|
$138.24 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Masterflex SE's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 57,236,000 to 63,206,000, a change of 5,970,000 (10.4%).
- Net income of 8,230,000 contributed positively to equity growth.
- Dividend payments of 2,448,000 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €8.23 Million | +13.02% |
| Dividends Paid | €2.45 Million | -3.87% |
| Other Changes | €188.00K | +0.3% |
| Total Change | €- | 10.43% |
Book Value vs Market Value Analysis
This analysis compares Masterflex SE'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: 2.16x
- 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 3.62x to 2.16x 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 | €3.92 | €14.20 | x |
| 2018-12-31 | €4.23 | €14.20 | x |
| 2019-12-31 | €4.43 | €14.20 | x |
| 2020-12-31 | €4.26 | €14.20 | x |
| 2021-12-31 | €4.64 | €14.20 | x |
| 2022-12-31 | €5.37 | €14.20 | x |
| 2023-12-31 | €5.95 | €14.20 | x |
| 2024-12-31 | €6.57 | €14.20 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Masterflex SE 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): 13.02%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.39%
- • Asset Turnover: 1.04x
- • Equity Multiplier: 1.49x
- Recent ROE (13.02%) is above the historical average (10.02%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 12.67% | 4.47% | 1.12x | 2.53x | €547.30K |
| 2014 | 12.98% | 4.82% | 1.21x | 2.22x | €698.40K |
| 2015 | 7.48% | 3.03% | 1.18x | 2.09x | €-657.90K |
| 2016 | 10.09% | 4.40% | 1.10x | 2.08x | €24.70K |
| 2017 | 11.42% | 5.77% | 1.02x | 1.93x | €537.40K |
| 2018 | 8.28% | 4.37% | 1.03x | 1.85x | €-699.00K |
| 2019 | 5.94% | 3.17% | 0.98x | 1.91x | €-1.73 Million |
| 2020 | 1.93% | 1.10% | 0.94x | 1.86x | €-3.31 Million |
| 2021 | 7.35% | 4.15% | 1.00x | 1.78x | €-1.18 Million |
| 2022 | 15.07% | 7.76% | 1.11x | 1.75x | €2.62 Million |
| 2023 | 13.96% | 7.90% | 1.08x | 1.64x | €2.27 Million |
| 2024 | 13.02% | 8.39% | 1.04x | 1.49x | €1.91 Million |
Industry Comparison
This section compares Masterflex SE's net assets metrics with peer companies in the Specialty Chemicals industry.
Industry Context
- Industry: Specialty Chemicals
- Average net assets among peers: $779,719,550
- Average return on equity (ROE) among peers: -57.25%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Masterflex SE (MZX) | €68.00 Million | 12.67% | 0.45x | $138.50 Million |
| LIFELINE SPAC I OYJ A EO1 (0CD) | $113.50 Million | -3.17% | 0.10x | $261.36 Million |
| GRAPHENE MANUFACT.GROUP (0GF) | $2.03 Million | 0.00% | 1.43x | $185.36 Million |
| Orion Engineered Carbons SA (0OE) | $459.40 Million | 23.12% | 3.11x | $327.05 Million |
| COVESTRO AG SP.ADR 1/2 (1CO1) | $6.68 Billion | -3.98% | 1.04x | $11.11 Billion |
| H&R GmbH & Co. KGaA (2HRA) | $287.13 Million | 9.37% | 1.19x | $183.88 Million |
| LOOP INDUSTRIES DL-001 (3L9) | $33.74 Million | -63.14% | 0.20x | $39.56 Million |
| Dotz Nano Ltd (57N) | $4.06 Million | -195.35% | 0.31x | $4.51 Million |
| TIDEWATER RENEWABLES LTD (7GZ) | $157.77 Million | -226.85% | 1.58x | $233.52 Million |
| DIRECTA PLUS PLC LS-0025 (88K) | $7.15 Million | -71.89% | 0.64x | $2.35 Million |
| TEKNA HOLDING ASA NK 2 (8VB) | $53.41 Million | -40.60% | 0.38x | $67.10 Million |
About Masterflex SE
Masterflex SE, together with its subsidiaries, engages in the development and manufacture of connectors and hose systems made of high-performance plastics and fabrics in Germany, Rest of Europe, and internationally. The company offers spiral, clip, film, monolayer, multilayer, co-extruded, and micro-extruded hoses; connectors comprising pressure-resistant connectors; and clamps, manifolds, distri… Read more