Cargotec Oyj (CGCBV) - Net Assets
Based on the latest financial reports, Cargotec Oyj (CGCBV) has net assets worth €1.02 Billion EUR (≈ $1.19 Billion USD) as of March 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€2.48 Billion ≈ $2.90 Billion USD) and total liabilities (€1.46 Billion ≈ $1.71 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 CGCBV asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €1.02 Billion |
| % of Total Assets | 41.05% |
| Annual Growth Rate | 2.27% |
| 5-Year Change | -21.06% |
| 10-Year Change | -23.43% |
| Growth Volatility | 12.91 |
Cargotec Oyj - Net Assets Trend (2004–2024)
This chart illustrates how Cargotec Oyj's net assets have evolved over time, based on quarterly financial data. Also explore Cargotec Oyj assets under control for the complete picture of this company's asset base.
Annual Net Assets for Cargotec Oyj (2004–2024)
The table below shows the annual net assets of Cargotec Oyj from 2004 to 2024. For live valuation and market cap data, see Cargotec Oyj market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €1.03 Billion ≈ $1.20 Billion |
-41.42% |
| 2023-12-31 | €1.75 Billion ≈ $2.05 Billion |
+14.75% |
| 2022-12-31 | €1.53 Billion ≈ $1.79 Billion |
-1.21% |
| 2021-12-31 | €1.55 Billion ≈ $1.81 Billion |
+18.87% |
| 2020-12-31 | €1.30 Billion ≈ $1.52 Billion |
-8.82% |
| 2019-12-31 | €1.43 Billion ≈ $1.67 Billion |
-0.09% |
| 2018-12-31 | €1.43 Billion ≈ $1.67 Billion |
+0.08% |
| 2017-12-31 | €1.43 Billion ≈ $1.67 Billion |
+2.17% |
| 2016-12-31 | €1.40 Billion ≈ $1.63 Billion |
+4.14% |
| 2015-12-31 | €1.34 Billion ≈ $1.57 Billion |
+10.54% |
| 2014-12-31 | €1.21 Billion ≈ $1.42 Billion |
-2.07% |
| 2013-12-31 | €1.24 Billion ≈ $1.45 Billion |
+0.59% |
| 2012-12-31 | €1.23 Billion ≈ $1.44 Billion |
+4.68% |
| 2011-12-31 | €1.18 Billion ≈ $1.38 Billion |
+10.11% |
| 2010-12-31 | €1.07 Billion ≈ $1.25 Billion |
+19.83% |
| 2009-12-31 | €892.10 Million ≈ $1.04 Billion |
+3.20% |
| 2008-12-31 | €864.40 Million ≈ $1.01 Billion |
-3.60% |
| 2007-12-31 | €896.70 Million ≈ $1.05 Billion |
+2.27% |
| 2006-12-31 | €876.80 Million ≈ $1.03 Billion |
+14.29% |
| 2005-12-31 | €767.20 Million ≈ $896.94 Million |
+17.11% |
| 2004-12-31 | €655.10 Million ≈ $765.88 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Cargotec 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 grown by 100250000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €1.00 Billion | 97.77% |
| Other Components | €22.90 Million | 2.23% |
| Total Equity | €1.03 Billion | 100.00% |
Cargotec Oyj Competitors by Market Cap
The table below lists competitors of Cargotec Oyj ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Solar Applied Materials Technology
TWO:1785
|
$2.69 Billion |
|
Ligand Pharmaceuticals Incorporated
NASDAQ:LGND
|
$2.69 Billion |
|
TAG Immobilien AG
F:TEG
|
$2.69 Billion |
|
Viscofan
MC:VIS
|
$2.69 Billion |
|
Neptune Insurance Holdings Inc.
NYSE:NP
|
$2.68 Billion |
|
Diebold Nixdorf, Incorporated
NYSE:DBD
|
$2.68 Billion |
|
North Navigation Control Technology Co Ltd
SHG:600435
|
$2.68 Billion |
|
Dongguan Aohai Technology Co
SHE:002993
|
$2.68 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Cargotec Oyj's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,752,300,000 to 1,025,400,000, a change of -726,900,000 (-41.5%).
- Net income of 1,066,700,000 contributed positively to equity growth.
- Dividend payments of 138,600,000 reduced retained earnings.
- Share repurchases of 28,000,000 reduced equity.
- Other factors decreased equity by 1,627,000,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €1.07 Billion | +104.03% |
| Dividends Paid | €138.60 Million | -13.52% |
| Share Repurchases | €28.00 Million | -2.73% |
| Other Changes | €-1.63 Billion | -158.67% |
| Total Change | €- | -41.48% |
Book Value vs Market Value Analysis
This analysis compares Cargotec 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: 2.96x
- 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 3.49x to 2.96x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-12-31 | €13.57 | €47.42 | x |
| 2007-12-31 | €14.09 | €47.42 | x |
| 2008-12-31 | €13.65 | €47.42 | x |
| 2009-12-31 | €14.20 | €47.42 | x |
| 2010-12-31 | €17.37 | €47.42 | x |
| 2011-12-31 | €19.11 | €47.42 | x |
| 2012-12-31 | €20.01 | €47.42 | x |
| 2013-12-31 | €20.02 | €47.42 | x |
| 2014-12-31 | €18.75 | €47.42 | x |
| 2015-12-31 | €20.73 | €47.42 | x |
| 2016-12-31 | €21.54 | €47.42 | x |
| 2017-12-31 | €22.02 | €47.42 | x |
| 2018-12-31 | €22.04 | €47.42 | x |
| 2019-12-31 | €22.09 | €47.42 | x |
| 2020-12-31 | €20.13 | €47.42 | x |
| 2021-12-31 | €23.90 | €47.42 | x |
| 2022-12-31 | €23.62 | €47.42 | x |
| 2023-12-31 | €27.10 | €47.42 | x |
| 2024-12-31 | €16.04 | €47.42 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Cargotec 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): 104.03%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 64.75%
- • Asset Turnover: 0.67x
- • Equity Multiplier: 2.39x
- Recent ROE (104.03%) is above the historical average (14.59%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 17.70% | 5.70% | 1.32x | 2.34x | €58.50 Million |
| 2006 | 18.87% | 6.31% | 1.31x | 2.29x | €77.02 Million |
| 2007 | 15.33% | 4.52% | 1.17x | 2.90x | €47.44 Million |
| 2008 | 16.36% | 4.59% | 0.99x | 3.59x | €53.78 Million |
| 2009 | 0.82% | 0.28% | 0.96x | 3.09x | €-79.99 Million |
| 2010 | 7.32% | 3.03% | 0.88x | 2.74x | €-28.53 Million |
| 2011 | 12.73% | 4.76% | 1.01x | 2.66x | €31.99 Million |
| 2012 | 7.23% | 2.67% | 1.01x | 2.68x | €-34.01 Million |
| 2013 | 4.44% | 1.72% | 0.95x | 2.70x | €-68.53 Million |
| 2014 | 5.91% | 2.13% | 0.92x | 3.02x | €-49.48 Million |
| 2015 | 10.68% | 3.83% | 1.04x | 2.67x | €9.07 Million |
| 2016 | 9.03% | 3.59% | 0.94x | 2.68x | €-13.50 Million |
| 2017 | 9.55% | 4.15% | 0.92x | 2.50x | €-6.42 Million |
| 2018 | 7.51% | 3.24% | 0.90x | 2.58x | €-35.56 Million |
| 2019 | 6.28% | 2.43% | 0.87x | 2.97x | €-53.05 Million |
| 2020 | 0.62% | 0.25% | 0.84x | 2.99x | €-121.77 Million |
| 2021 | 15.96% | 7.44% | 0.82x | 2.61x | €92.07 Million |
| 2022 | 1.56% | 0.58% | 0.98x | 2.74x | €-128.86 Million |
| 2023 | 19.80% | 7.59% | 1.04x | 2.50x | €171.67 Million |
| 2024 | 104.03% | 64.75% | 0.67x | 2.39x | €964.16 Million |
Industry Comparison
This section compares Cargotec Oyj'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: $672,413,104
- Average return on equity (ROE) among peers: 11.02%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Cargotec Oyj (CGCBV) | €1.02 Billion | 17.70% | 1.44x | $2.68 Billion |
| Hiab B (HIAB) | $881.50 Million | 0.81% | 2.05x | $3.22 Billion |
| Konecranes Plc (KCR) | $460.07 Million | 18.26% | 2.40x | $2.61 Billion |
| Kesla Oyj A (KELAS) | $4.32 Million | 0.00% | 1.99x | $8.97 Million |
| Metso Oyj (METSO) | $2.61 Billion | 12.60% | 1.69x | $11.39 Billion |
| Ponsse Oyj 1 (PON1V) | $67.55 Million | 13.47% | 1.75x | $725.08 Million |
| Robit Oyj (ROBIT) | $10.04 Million | 20.96% | 1.32x | $23.38 Million |
About Cargotec Oyj
Cargotec Corporation provides cargo handling solutions and services in Finland, Europe, the Middle East, Africa, the United States, rest of the Americas, China, and rest of Asia-Pacific countries. The company provides load handling equipment under the HIAB, EFFER, and ARGOS brands; forestry and recycling cranes under the LOGLIFT and JONSERED brands; truck mounted forklifts under the MOFFETT and P… Read more