SAF Tehnika A/S (VTZ) - Net Assets
Based on the latest financial reports, SAF Tehnika A/S (VTZ) has net assets worth €16.45 Million EUR (≈ $19.23 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 (€28.32 Million ≈ $33.11 Million USD) and total liabilities (€11.87 Million ≈ $13.88 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 VTZ asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €16.45 Million |
| % of Total Assets | 58.08% |
| Annual Growth Rate | 3.91% |
| 5-Year Change | 19.72% |
| 10-Year Change | 38.75% |
| Growth Volatility | 15.43 |
SAF Tehnika A/S - Net Assets Trend (2014–2025)
This chart illustrates how SAF Tehnika A/S's net assets have evolved over time, based on quarterly financial data. Also explore VTZ asset base for the complete picture of this company's asset base.
Annual Net Assets for SAF Tehnika A/S (2014–2025)
The table below shows the annual net assets of SAF Tehnika A/S from 2014 to 2025. For live valuation and market cap data, see market cap of SAF Tehnika A/S.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | €15.76 Million ≈ $18.42 Million |
-4.13% |
| 2024-06-30 | €16.44 Million ≈ $19.22 Million |
-12.78% |
| 2023-06-30 | €18.84 Million ≈ $22.03 Million |
+8.31% |
| 2022-06-30 | €17.40 Million ≈ $20.34 Million |
+32.18% |
| 2021-06-30 | €13.16 Million ≈ $15.39 Million |
+32.84% |
| 2020-06-30 | €9.91 Million ≈ $11.58 Million |
+4.67% |
| 2019-06-30 | €9.47 Million ≈ $11.07 Million |
-4.15% |
| 2018-06-30 | €9.88 Million ≈ $11.55 Million |
-18.30% |
| 2017-06-30 | €12.09 Million ≈ $14.13 Million |
+6.44% |
| 2016-06-30 | €11.36 Million ≈ $13.28 Million |
-0.73% |
| 2015-06-30 | €11.44 Million ≈ $13.37 Million |
+10.75% |
| 2014-06-30 | €10.33 Million ≈ $12.08 Million |
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Equity Component Analysis
This analysis shows how different components contribute to SAF Tehnika A/S'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 168.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €8.74 Million | 55.44% |
| Other Components | €7.02 Million | 44.56% |
| Total Equity | €15.76 Million | 100.00% |
SAF Tehnika A/S Competitors by Market Cap
The table below lists competitors of SAF Tehnika A/S ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Ping An Biomedical Co., Ltd.
NASDAQ:PASW
|
$18.31 Million |
|
TryHard Holdings Limited Ordinary Shares
NASDAQ:THH
|
$18.32 Million |
|
Globlex Holding Management Public Company Limited
BK:GBX
|
$18.33 Million |
|
Rma Global Ltd
AU:RMY
|
$18.33 Million |
|
BLUELAKE MINERAL AB
F:5KG0
|
$18.29 Million |
|
Vitura Health Ltd
AU:VIT
|
$18.29 Million |
|
IXUP Ltd
AU:IXU
|
$18.29 Million |
|
Cliq Digital AG
F:CLIQ
|
$18.28 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in SAF Tehnika A/S's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 16,435,951 to 15,757,880, a change of -678,071 (-4.1%).
- Net loss of 642,642 reduced equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-642.64K | -4.08% |
| Other Changes | €-35.43K | -0.22% |
| Total Change | €- | -4.13% |
Book Value vs Market Value Analysis
This analysis compares SAF Tehnika A/S'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: 1.66x
- 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 2.16x to 1.66x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-06-30 | €4.07 | €8.80 | x |
| 2018-06-30 | €3.33 | €8.80 | x |
| 2019-06-30 | €3.19 | €8.80 | x |
| 2020-06-30 | €3.34 | €8.80 | x |
| 2021-06-30 | €4.43 | €8.80 | x |
| 2022-06-30 | €5.86 | €8.80 | x |
| 2023-06-30 | €6.34 | €8.80 | x |
| 2024-06-30 | €5.53 | €8.80 | x |
| 2025-06-30 | €5.31 | €8.80 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently SAF Tehnika A/S 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): -4.08%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -2.47%
- • Asset Turnover: 1.00x
- • Equity Multiplier: 1.66x
- Recent ROE (-4.08%) is below the historical average (8.13%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 1.23% | 1.06% | 1.00x | 1.17x | €-905.95K |
| 2015 | 11.18% | 9.95% | 0.95x | 1.18x | €134.54K |
| 2016 | 8.15% | 6.75% | 1.03x | 1.17x | €-210.41K |
| 2017 | 14.45% | 10.25% | 1.13x | 1.24x | €538.19K |
| 2018 | -2.22% | -1.64% | 1.17x | 1.16x | €-1.21 Million |
| 2019 | -4.38% | -2.87% | 1.09x | 1.40x | €-1.36 Million |
| 2020 | 4.44% | 2.62% | 1.08x | 1.57x | €-551.32K |
| 2021 | 29.45% | 15.49% | 1.20x | 1.58x | €2.56 Million |
| 2022 | 35.00% | 17.93% | 1.23x | 1.59x | €4.35 Million |
| 2023 | 18.76% | 9.49% | 1.31x | 1.51x | €1.65 Million |
| 2024 | -14.42% | -8.75% | 1.18x | 1.40x | €-4.01 Million |
| 2025 | -4.08% | -2.47% | 1.00x | 1.66x | €-2.22 Million |
Industry Comparison
This section compares SAF Tehnika A/S's net assets metrics with peer companies in the Communication Equipment industry.
Industry Context
- Industry: Communication Equipment
- Average net assets among peers: $22,400,022,722
- Average return on equity (ROE) among peers: 6.68%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| SAF Tehnika A/S (VTZ) | €16.45 Million | 1.23% | 0.72x | $18.30 Million |
| YANGTZE OPT.FIB.AND CAB.H (1YO) | $14.54 Billion | 8.03% | 0.94x | $10.94 Billion |
| NOVRA TECHNOLOGIES INC. (7CV) | $-2.62 Million | 0.00% | 0.00x | $2.19 Million |
| AAC TECHNOLOG.HLDG.ADR/ (A2X) | $23.12 Billion | 7.77% | 1.02x | $4.53 Billion |
| AAC Technologies Holdings Inc (A2XN) | $17.55 Billion | 30.34% | 0.75x | $4.56 Billion |
| Adtran Networks SE (ADV) | $244.64 Million | 3.96% | 0.99x | $1.18 Billion |
| CeoTronics AG (CEK) | $14.26 Million | 14.72% | 0.68x | $90.01 Million |
| UET United Electronic Technology AG (CFC) | $0.00 | 0.00% | 0.00x | $10.06 Million |
| Telefonaktiebolaget LM Ericsson (publ) (ERCA) | $100.18 Billion | -35.14% | 1.60x | $32.28 Billion |
| Funkwerk AG (FEW) | $31.62 Million | 23.52% | 1.14x | $249.85 Million |
| ZTE Corporation (FZM) | $68.33 Billion | 13.65% | 1.94x | $2.30 Billion |
About SAF Tehnika A/S
SAF Tehnika A/S designs, manufactures, and distributes digital microwave transmission equipment in Latvia, North and South America, Europe, CIS, Asia, Africa, and the Middle East. The company offers CFIP products, such as Phoenix, a split mount (IDU+ODU) PhoeniX hybrid radio system with gigabit ethernet and E1 or ASI interfaces; Lumina, a full outdoor radio with gigabit ethernet traffic interface… Read more