SAPPI LTD ADR/1 RC 1 (SPIA) - Net Assets

Latest as of December 2025: €2.33 Billion EUR ≈ $2.73 Billion USD

Based on the latest financial reports, SAPPI LTD ADR/1 RC 1 (SPIA) has net assets worth €2.33 Billion EUR (≈ $2.73 Billion USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€5.99 Billion ≈ $7.00 Billion USD) and total liabilities (€3.65 Billion ≈ $4.27 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. Explore cash flow conversion of SAPPI LTD ADR/1 RC 1 to assess how effectively this company generates cash.

Key Net Assets Metrics

Metric	Value
Current Net Assets	€2.33 Billion
% of Total Assets	38.98%
Annual Growth Rate	4.56%
5-Year Change	N/A
10-Year Change	N/A
Growth Volatility	0.88

SAPPI LTD ADR/1 RC 1 - Net Assets Trend (2022–2024)

This chart illustrates how SAPPI LTD ADR/1 RC 1's net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of SAPPI LTD ADR/1 RC 1 for the complete picture of this company's asset base.

Annual Net Assets for SAPPI LTD ADR/1 RC 1 (2022–2024)

The table below shows the annual net assets of SAPPI LTD ADR/1 RC 1 from 2022 to 2024. For live valuation and market cap data, see how much is SAPPI LTD ADR/1 RC 1 worth.

Year	Net Assets	Change
2024-09-30	€2.58 Billion ≈ $3.01 Billion	+5.44%
2023-09-30	€2.44 Billion ≈ $2.86 Billion	+3.69%
2022-09-30	€2.36 Billion ≈ $2.76 Billion	--

Equity Component Analysis

This analysis shows how different components contribute to SAPPI LTD ADR/1 RC 1'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 6.6% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (September 2024)

Component	Amount	Percentage
Retained Earnings	€1.90 Billion	73.58%
Other Components	€681.00 Million	26.42%
Total Equity	€2.58 Billion	100.00%

SAPPI LTD ADR/1 RC 1 Competitors by Market Cap

The table below lists competitors of SAPPI LTD ADR/1 RC 1 ranked by their market capitalization.

Company	Market Cap
Empresa Distribuidora y Comercializadora Norte Sociedad Anónima F:PWD1	$544.02 Million
Ningxia Qinglong Pipes Industry Co Ltd SHE:002457	$544.12 Million
Clearfield Inc NASDAQ:CLFD	$544.12 Million
Guangdong Tianan New Material SHG:603725	$544.25 Million
Bannerman Energy Ltd AU:BMN	$543.84 Million
Grupo Empresarial San Jose SA MC:GSJ	$543.62 Million
DRB - Hicom Bhd KLSE:1619	$543.62 Million
Zhejiang Guangsha Co Ltd SHG:600052	$543.54 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in SAPPI LTD ADR/1 RC 1's equity between the two most recent reporting periods.

Equity Growth Insights

From 2023 to 2024, total equity changed from 2,445,000,000 to 2,578,000,000, a change of 133,000,000 (5.4%).
Net income of 33,000,000 contributed positively to equity growth.
Other factors increased equity by 100,000,000.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	€33.00 Million	+1.28%
Other Changes	€100.00 Million	+3.88%
Total Change	€-	5.44%

Book Value vs Market Value Analysis

This analysis compares SAPPI LTD ADR/1 RC 1'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: 0.18x
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
2022-09-30	€4.17	€0.77	x
2023-09-30	€4.38	€0.77	x
2024-09-30	€4.30	€0.77	x

Capital Efficiency Dashboard

This dashboard shows how efficiently SAPPI LTD ADR/1 RC 1 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): 1.28%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 0.60%
• Asset Turnover: 0.88x
• Equity Multiplier: 2.41x
Recent ROE (1.28%) is below the historical average (11.53%), 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	22.73%	7.35%	1.17x	2.64x	€300.20 Million
2023	10.59%	4.46%	1.00x	2.37x	€14.50 Million
2024	1.28%	0.60%	0.88x	2.41x	€-224.80 Million

Industry Comparison

This section compares SAPPI LTD ADR/1 RC 1's net assets metrics with peer companies in the Paper & Paper Products industry.

Industry Context

Industry: Paper & Paper Products
Average net assets among peers: $12,238,936,636
Average return on equity (ROE) among peers: 8.71%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
SAPPI LTD ADR/1 RC 1 (SPIA)	€2.33 Billion	22.73%	1.57x	$543.97 Million
Mercer International Inc (AEZ)	$601.03 Million	-2.87%	2.54x	$47.42 Million
Nine Dragons Paper (Holdings) Limited (N3Y)	$37.90 Billion	10.18%	1.13x	$4.17 Billion
Shandong Chenming Paper Holdings Limited (SCD1)	$22.55 Billion	9.16%	2.67x	$53.43 Million
GRIGEO AB EO -29 (WM8)	$97.85 Million	10.76%	0.46x	$140.79 Million
Grigeo AB (WM8)	$47.45 Million	16.29%	1.22x	$140.79 Million

About SAPPI LTD ADR/1 RC 1

F:SPIA Germany Paper & Paper Products

Market Cap

$543.97 Million

€465.29 Million EUR

Market Cap Rank

#12111 Global

#1322 in Germany

Share Price

€0.77

Change (1 day)

-7.23%

52-Week Range

€0.67 - €1.57

All Time High

€3.11