Afarak Group Oyj (AFAGR) - Net Assets

Latest as of June 2025: €103.36 Million EUR ≈ $120.84 Million USD

Based on the latest financial reports, Afarak Group Oyj (AFAGR) has net assets worth €103.36 Million EUR (≈ $120.84 Million USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€151.83 Million ≈ $177.50 Million USD) and total liabilities (€48.46 Million ≈ $56.66 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 Afarak Group Oyj liquidity resilience to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	€103.36 Million
% of Total Assets	68.08%
Annual Growth Rate	4.82%
5-Year Change	181.28%
10-Year Change	-34.54%
Growth Volatility	132.34

Afarak Group Oyj - Net Assets Trend (2000–2024)

This chart illustrates how Afarak Group Oyj's net assets have evolved over time, based on quarterly financial data. Also explore Afarak Group Oyj balance sheet assets for the complete picture of this company's asset base.

Annual Net Assets for Afarak Group Oyj (2000–2024)

The table below shows the annual net assets of Afarak Group Oyj from 2000 to 2024. For live valuation and market cap data, see AFAGR stock market capitalisation.

Year	Net Assets	Change
2024-12-31	€112.07 Million ≈ $131.02 Million	+5.98%
2023-12-31	€105.74 Million ≈ $123.62 Million	+0.91%
2022-12-31	€104.79 Million ≈ $122.51 Million	+141.23%
2021-12-31	€43.44 Million ≈ $50.78 Million	+9.03%
2020-12-31	€39.84 Million ≈ $46.58 Million	-46.55%
2019-12-31	€74.54 Million ≈ $87.14 Million	-50.59%
2018-12-31	€150.85 Million ≈ $176.36 Million	-12.48%
2017-12-31	€172.37 Million ≈ $201.51 Million	-2.17%
2016-12-31	€176.19 Million ≈ $205.98 Million	+2.91%
2015-12-31	€171.21 Million ≈ $200.16 Million	-6.06%
2014-12-31	€182.24 Million ≈ $213.06 Million	-4.25%
2013-12-31	€190.33 Million ≈ $222.51 Million	-13.10%
2012-12-31	€219.02 Million ≈ $256.06 Million	-8.80%
2011-12-31	€240.16 Million ≈ $280.77 Million	-12.94%
2010-12-31	€275.85 Million ≈ $322.50 Million	-3.56%
2009-12-31	€286.03 Million ≈ $334.39 Million	-19.82%
2008-12-31	€356.71 Million ≈ $417.03 Million	-13.35%
2007-12-31	€411.65 Million ≈ $481.26 Million	+594.70%
2006-12-31	€59.26 Million ≈ $69.28 Million	+142.29%
2005-12-31	€24.46 Million ≈ $28.59 Million	+7.28%
2004-12-31	€22.80 Million ≈ $26.65 Million	+54.71%
2003-12-31	€14.73 Million ≈ $17.23 Million	+206.02%
2002-12-31	€4.82 Million ≈ $5.63 Million	-86.67%
2001-12-31	€36.12 Million ≈ $42.23 Million	-0.18%
2000-12-31	€36.19 Million ≈ $42.31 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Afarak Group Oyj'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 decreased by 1320.1% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Common Stock	€23.64 Million	21.10%
Other Comprehensive Income	€177.48 Million	158.40%
Other Components	€25.32 Million	22.60%
Total Equity	€112.05 Million	100.00%

Afarak Group Oyj Competitors by Market Cap

The table below lists competitors of Afarak Group Oyj ranked by their market capitalization.

Company	Market Cap
Topower Co Ltd TWO:3226	$80.69 Million
Scully Royalty Ltd F:MB01	$80.70 Million
Adyton Resources Corp V:ADY	$80.71 Million
Meditera Tibbi Malzeme Sanayi ve Ticaret AS IS:MEDTR	$80.76 Million
Ratchaphruek Hospital Public Company Limited BK:RPH	$80.68 Million
Cartier Resources Inc V:ECR	$80.65 Million
GeneOne Life Science Inc KO:011000	$80.62 Million
Dana Brata Luhur PT JK:TEBE	$80.57 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Afarak Group Oyj's equity between the two most recent reporting periods.

Equity Growth Insights

From 2023 to 2024, total equity changed from 106,047,000 to 112,045,000, a change of 5,998,000 (5.7%).
Net loss of 7,572,000 reduced equity.
Other comprehensive income increased equity by 4,789,000.
Other factors increased equity by 8,781,000.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	€-7.57 Million	-6.76%
Other Comprehensive Income	€4.79 Million	+4.27%
Other Changes	€8.78 Million	+7.84%
Total Change	€-	5.66%

Book Value vs Market Value Analysis

This analysis compares Afarak Group Oyj'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: 0.59x
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.
The price-to-book ratio has increased from 0.25x to 0.59x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2009-12-31	€1.07	€0.26	x
2010-12-31	€1.03	€0.26	x
2011-12-31	€0.94	€0.26	x
2012-12-31	€0.88	€0.26	x
2013-12-31	€0.74	€0.26	x
2014-12-31	€0.62	€0.26	x
2015-12-31	€0.57	€0.26	x
2016-12-31	€0.66	€0.26	x
2017-12-31	€0.66	€0.26	x
2018-12-31	€0.58	€0.26	x
2019-12-31	€0.27	€0.26	x
2020-12-31	€0.12	€0.26	x
2021-12-31	€0.18	€0.26	x
2022-12-31	€0.42	€0.26	x
2023-12-31	€0.41	€0.26	x
2024-12-31	€0.44	€0.26	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Afarak Group Oyj 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): -6.76%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -5.89%
• Asset Turnover: 0.80x
• Equity Multiplier: 1.44x
Recent ROE (-6.76%) is below the historical average (-3.50%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2004	7.77%	2.57%	1.21x	2.50x	€-506.70K
2005	22.69%	6.04%	1.03x	3.64x	€3.10 Million
2006	14.64%	6.73%	1.08x	2.01x	€2.68 Million
2007	3.09%	5.91%	0.43x	1.22x	€-28.31 Million
2009	-7.36%	-27.79%	0.13x	2.10x	€-46.56 Million
2010	-24.87%	-42.66%	0.22x	2.63x	€-86.10 Million
2011	10.48%	14.87%	0.38x	1.87x	€1.08 Million
2012	-7.98%	-12.97%	0.41x	1.49x	€-38.10 Million
2013	-2.32%	-3.17%	0.49x	1.50x	€-22.79 Million
2014	1.61%	1.66%	0.59x	1.64x	€-14.87 Million
2015	5.29%	4.72%	0.70x	1.59x	€-7.88 Million
2016	-0.36%	-0.40%	0.59x	1.51x	€-17.82 Million
2017	3.65%	3.15%	0.76x	1.52x	€-10.88 Million
2018	-12.00%	-9.31%	0.75x	1.72x	€-33.10 Million
2019	-87.48%	-40.63%	0.65x	3.32x	€-65.61 Million
2020	-64.89%	-29.88%	0.38x	5.72x	€-20.62 Million
2021	20.71%	11.41%	0.55x	3.31x	€4.74 Million
2022	45.14%	24.02%	1.24x	1.51x	€37.15 Million
2023	8.91%	6.15%	0.95x	1.53x	€-1.15 Million
2024	-6.76%	-5.89%	0.80x	1.44x	€-18.78 Million

Industry Comparison

This section compares Afarak Group Oyj's net assets metrics with peer companies in the Other Industrial Metals & Mining industry.

No peer company data available for comparison.

About Afarak Group Oyj

HE:AFAGR Finland Other Industrial Metals & Mining

Market Cap

$80.68 Million

€69.01 Million EUR

Market Cap Rank

#20155 Global

#94 in Finland

Share Price

€0.26

Change (1 day)

-1.12%

52-Week Range

€0.24 - €0.45

All Time High

€1.11