VOLVO B (FRIA) UNSP.ADR (VOL4) - Net Assets
Based on the latest financial reports, VOLVO B (FRIA) UNSP.ADR (VOL4) has net assets worth €190.79 Billion EUR (≈ $223.05 Billion USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€682.48 Billion ≈ $797.89 Billion USD) and total liabilities (€491.70 Billion ≈ $574.84 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. Check tangible equity quality of VOLVO B (FRIA) UNSP.ADR to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €190.79 Billion |
| % of Total Assets | 27.95% |
| Annual Growth Rate | 2.4% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 8.74 |
VOLVO B (FRIA) UNSP.ADR - Net Assets Trend (2022–2025)
This chart illustrates how VOLVO B (FRIA) UNSP.ADR's net assets have evolved over time, based on quarterly financial data. See VOL4 cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for VOLVO B (FRIA) UNSP.ADR (2022–2025)
The table below shows the annual net assets of VOLVO B (FRIA) UNSP.ADR from 2022 to 2025. For live valuation and market cap data, see VOLVO B (FRIA) UNSP.ADR (VOL4) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | €178.48 Billion ≈ $208.66 Billion |
-9.57% |
| 2024-12-31 | €197.36 Billion ≈ $230.73 Billion |
+9.20% |
| 2023-12-31 | €180.74 Billion ≈ $211.30 Billion |
+8.72% |
| 2022-12-31 | €166.24 Billion ≈ $194.35 Billion |
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Equity Component Analysis
This analysis shows how different components contribute to VOLVO B (FRIA) UNSP.ADR'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 21.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €179.57 Billion | 100.66% |
| Total Equity | €178.40 Billion | 100.00% |
VOLVO B (FRIA) UNSP.ADR Competitors by Market Cap
The table below lists competitors of VOLVO B (FRIA) UNSP.ADR ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Diamondback Energy Inc
NASDAQ:FANG
|
$52.60 Billion |
|
Takeda Pharmaceutical Co Ltd ADR
NYSE:TAK
|
$52.60 Billion |
|
Target Corporation
NYSE:TGT
|
$52.60 Billion |
|
Public Storage
NYSE:PSA
|
$52.71 Billion |
|
SINGAP.TELE. ADR NEW06/10
F:SIT
|
$52.47 Billion |
|
Samsung Life
KO:032830
|
$52.45 Billion |
|
Infosys Ltd ADR
NYSE:INFY
|
$52.35 Billion |
|
DSV ADR 2 DK 1
F:DS8
|
$52.08 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in VOLVO B (FRIA) UNSP.ADR's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 194,048,000,000 to 178,395,000,000, a change of -15,653,000,000 (-8.1%).
- Net income of 34,456,000,000 contributed positively to equity growth.
- Dividend payments of 37,619,000,000 reduced retained earnings.
- Other factors decreased equity by 12,490,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €34.46 Billion | +19.31% |
| Dividends Paid | €37.62 Billion | -21.09% |
| Other Changes | €-12.49 Billion | -7.0% |
| Total Change | €- | -8.07% |
Book Value vs Market Value Analysis
This analysis compares VOLVO B (FRIA) UNSP.ADR'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: 0.33x
- 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 |
|---|---|---|---|
| 2022-12-31 | €80.02 | €29.00 | x |
| 2023-12-31 | €87.43 | €29.00 | x |
| 2024-12-31 | €95.43 | €29.00 | x |
| 2025-12-31 | €87.73 | €29.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently VOLVO B (FRIA) UNSP.ADR 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): 19.31%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.19%
- • Asset Turnover: 0.74x
- • Equity Multiplier: 3.64x
- Recent ROE (19.31%) is below the historical average (23.35%), 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 | 20.11% | 6.91% | 0.75x | 3.87x | €16.45 Billion |
| 2023 | 28.02% | 9.02% | 0.82x | 3.79x | €32.05 Billion |
| 2024 | 25.97% | 9.56% | 0.74x | 3.68x | €30.98 Billion |
| 2025 | 19.31% | 7.19% | 0.74x | 3.64x | €16.62 Billion |
Industry Comparison
This section compares VOLVO B (FRIA) UNSP.ADR's net assets metrics with peer companies in the Farm & Heavy Construction Machinery industry.
Industry Context
- Industry: Farm & Heavy Construction Machinery
- Average net assets among peers: $98,677,936,231
- Average return on equity (ROE) among peers: 7.76%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| VOLVO B (FRIA) UNSP.ADR (VOL4) | €190.79 Billion | 20.11% | 2.58x | $52.48 Billion |
| TAT HONG EQ.SRV. DL-08 (1Q2) | $1.52 Billion | -2.36% | 1.08x | $93.35 Million |
| Sinotruk (Hong Kong) Limited (4SK) | $20.81 Billion | 1.30% | 1.20x | $11.38 Billion |
| Zoomlion Heavy Industry Science and Technology Co. Ltd (8CZ) | $38.23 Billion | 3.48% | 1.18x | $1.58 Billion |
| Traton SE (8TRA) | $13.45 Billion | 3.40% | 3.10x | $16.49 Billion |
| Lonking Holdings Limited (C9IB) | $11.48 Billion | 11.33% | 0.47x | $1.46 Billion |
| Daimler Truck Holding AG (DTG) | $10.35 Billion | 16.73% | 4.35x | $30.60 Billion |
| DAIMLER TRUCK SP.ADS/1/2 (DTG1) | $22.07 Billion | 8.93% | 2.29x | $30.57 Billion |
| First Tractor Company Limited (FTP) | $7.78 Billion | 11.85% | 0.89x | $391.78 Million |
| HITACHI CONSTR.MACH.ADR/2 (HCMA) | $857.95 Billion | 9.49% | 1.09x | $7.15 Billion |
| Kion Group AG (KGX) | $3.15 Billion | 13.49% | 2.57x | $6.19 Billion |
About VOLVO B (FRIA) UNSP.ADR
AB Volvo (publ), together with its subsidiaries, manufactures and sells trucks, buses, construction equipment, and marine and industrial engines in Europe, the United States, Asia, Africa, and Oceania. The company provides heavy-duty trucks for long-haulage and construction work and light-duty trucks for distribution purposes under the Volvo, Renault Trucks, Mack, Eicher, and Dongfeng Trucks bran… Read more