Tallinna Kaubamaja Grupp AS
TKM Grupp AS, together with its subsidiaries, owns and operates supermarkets and department stores primarily in Estonia, Latvia, and Lithuania. The company operates through Supermarkets, Department Stores, Car Trade, Security, and Real Estate segments. It engages in the retail and wholesale trade of catering products and services under the Delice brand and E-Selver brands, as well as operates gro… Read more
Tallinna Kaubamaja Grupp AS (UE8) - Net Assets
Latest net assets as of June 2025: €235.14 Million EUR
Based on the latest financial reports, Tallinna Kaubamaja Grupp AS (UE8) has net assets worth €235.14 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 (€667.82 Million) and total liabilities (€432.68 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 | €235.14 Million |
| % of Total Assets | 35.21% |
| Annual Growth Rate | 2.49% |
| 5-Year Change | 17.27% |
| 10-Year Change | N/A |
| Growth Volatility | 4.18 |
Tallinna Kaubamaja Grupp AS - Net Assets Trend (2018–2024)
This chart illustrates how Tallinna Kaubamaja Grupp AS's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Tallinna Kaubamaja Grupp AS (2018–2024)
The table below shows the annual net assets of Tallinna Kaubamaja Grupp AS from 2018 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €261.53 Million | -0.70% |
| 2023-12-31 | €263.38 Million | +8.99% |
| 2022-12-31 | €241.66 Million | +0.75% |
| 2021-12-31 | €239.87 Million | +7.56% |
| 2020-12-31 | €223.01 Million | -2.12% |
| 2019-12-31 | €227.84 Million | +0.98% |
| 2018-12-31 | €225.62 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Tallinna Kaubamaja Grupp AS'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 14.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €130.47 Million | 49.89% |
| Other Components | €131.06 Million | 50.11% |
| Total Equity | €261.53 Million | 100.00% |
Tallinna Kaubamaja Grupp AS Competitors by Market Cap
The table below lists competitors of Tallinna Kaubamaja Grupp AS ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Chenghe Acquisition III Co. Class A Ordinary Share
NASDAQ:CHEC
|
$131.23 Million |
|
Sermsuk Public Company Limited
BK:SSC
|
$131.25 Million |
|
Appen Limited
PINK:APPEF
|
$131.31 Million |
|
SISB Public Company Limited
BK:SISB
|
$131.32 Million |
|
Huizhong Instrumentation Co Ltd
SHE:300371
|
$131.19 Million |
|
47U0
F:47U0
|
$131.18 Million |
|
Dagang Nexchange Bhd
KLSE:4456
|
$131.18 Million |
|
PSI Software AG
PINK:PSSWF
|
$131.18 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Tallinna Kaubamaja Grupp AS's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 263,376,000 to 261,528,000, a change of -1,848,000 (-0.7%).
- Net income of 27,477,000 contributed positively to equity growth.
- Dividend payments of 29,324,000 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €27.48 Million | +10.51% |
| Dividends Paid | €29.32 Million | -11.21% |
| Other Changes | €-1.00K | -0.0% |
| Total Change | €- | -0.70% |
Book Value vs Market Value Analysis
This analysis compares Tallinna Kaubamaja Grupp AS'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: 1.49x
- 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 1.72x to 1.49x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-12-31 | €5.54 | €9.54 | x |
| 2019-12-31 | €5.59 | €9.54 | x |
| 2020-12-31 | €5.48 | €9.54 | x |
| 2021-12-31 | €5.89 | €9.54 | x |
| 2022-12-31 | €5.93 | €9.54 | x |
| 2023-12-31 | €6.47 | €9.54 | x |
| 2024-12-31 | €6.42 | €9.54 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Tallinna Kaubamaja Grupp AS 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): 10.51%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.91%
- • Asset Turnover: 1.34x
- • Equity Multiplier: 2.70x
- Recent ROE (10.51%) is below the historical average (12.31%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | 13.49% | 4.47% | 1.66x | 1.82x | €7.88 Million |
| 2019 | 13.67% | 4.34% | 1.37x | 2.29x | €8.35 Million |
| 2020 | 8.74% | 2.63% | 1.24x | 2.68x | €-2.80 Million |
| 2021 | 13.35% | 3.90% | 1.29x | 2.65x | €8.03 Million |
| 2022 | 12.20% | 3.42% | 1.33x | 2.68x | €5.32 Million |
| 2023 | 14.21% | 3.95% | 1.37x | 2.63x | €11.09 Million |
| 2024 | 10.51% | 2.91% | 1.34x | 2.70x | €1.32 Million |
Industry Comparison
This section compares Tallinna Kaubamaja Grupp AS's net assets metrics with peer companies in the Department Stores industry.
Industry Context
- Industry: Department Stores
- Average net assets among peers: $1,207,766,691,444
- Average return on equity (ROE) among peers: -8.51%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Tallinna Kaubamaja Grupp AS (UE8) | €235.14 Million | 13.49% | 1.84x | $131.23 Million |
| Isetan Mitsukoshi Holdings Ltd (4HP) | $602.88 Billion | 8.76% | 1.00x | $5.08 Billion |
| Maoye International Holdings Limited (5MIA) | $13.79 Billion | 7.77% | 2.47x | $9.13 Million |
| LUDWIG BECK am Rathauseck - Textilhaus Feldmeier AG (ECK) | $65.45 Million | 0.66% | 1.59x | $10.27 Million |
| PT Matahari Putra Prima Tbk (LU6A) | $150.26 Billion | -78.60% | 22.69x | $10.92 Million |
| PT Multipolar Tbk (MLQ2) | $7.54 Trillion | -16.55% | 2.03x | $4.13 Million |
| New World Department Store China Limited (NWM) | $5.93 Billion | 2.17% | 1.06x | $14.62 Million |
| Parkson Retail Group Limited (P5IB) | $4.06 Billion | -4.34% | 2.04x | $8.98 Million |
| PT. Mitra Adiperkasa Tbk (QGI) | $2.53 Trillion | 3.12% | 2.44x | $396.59 Million |
| Sun Art Retail Group Limited (SRI) | $24.20 Billion | 0.45% | 1.65x | $349.97 Million |