Elecster Oyj A

HE:ELEAV Finland Specialty Industrial Machinery
Market Cap
$4.86 Million
€4.73 Million EUR
Market Cap Rank
#33470 Global
#139 in Finland
Share Price
€2.60
Change (1 day)
+0.78%
52-Week Range
€2.54 - €3.30
All Time High
€12.58
About

Elecster Oyj engages in the engineering, manufacturing, and supply of dairy machinery and packaging material in Finland, Europe, Asia, Africa, and internationally. It operates through Industrial and Consumer products segments. The company offers dairies, wallpapers, and grass mats. It also provides ultra-high temperature (UHT) milk; pouch filling machines; ecological pouch packaging materials; st… Read more

Elecster Oyj A (ELEAV) - Net Assets

Latest net assets as of September 2025: €22.82 Million EUR

Based on the latest financial reports, Elecster Oyj A (ELEAV) has net assets worth €22.82 Million EUR as of September 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€40.19 Million) and total liabilities (€17.36 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 €22.82 Million
% of Total Assets 56.79%
Annual Growth Rate -3.35%
5-Year Change -9.27%
10-Year Change 6.27%
Growth Volatility 19.05

Elecster Oyj A - Net Assets Trend (2000–2024)

This chart illustrates how Elecster Oyj A's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Elecster Oyj A (2000–2024)

The table below shows the annual net assets of Elecster Oyj A from 2000 to 2024.

Year Net Assets Change
2024-12-31 €22.72 Million -4.73%
2023-12-31 €23.85 Million -13.28%
2022-12-31 €27.50 Million +3.32%
2021-12-31 €26.62 Million +6.30%
2020-12-31 €25.04 Million -5.38%
2019-12-31 €26.47 Million +5.02%
2018-12-31 €25.20 Million -1.46%
2017-12-31 €25.57 Million +1.10%
2016-12-31 €25.30 Million +18.30%
2015-12-31 €21.38 Million +6.52%
2014-12-31 €20.07 Million -5.24%
2013-12-31 €21.18 Million +2.73%
2012-12-31 €20.62 Million +8.01%
2011-12-31 €19.09 Million +9.83%
2010-12-31 €17.38 Million +9.67%
2009-12-31 €15.85 Million +3.10%
2008-12-31 €15.37 Million +3.59%
2007-12-31 €14.84 Million +9.04%
2006-12-31 €13.61 Million +9.34%
2005-12-31 €12.45 Million +13.41%
2004-12-31 €10.98 Million -13.07%
2003-12-31 €12.63 Million +14.22%
2002-12-31 €11.05 Million +17.80%
2001-12-31 €9.38 Million -81.78%
2000-12-31 €51.49 Million --

Equity Component Analysis

This analysis shows how different components contribute to Elecster Oyj A'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 1468800000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings €14.69 Million 64.66%
Common Stock €3.15 Million 13.88%
Other Comprehensive Income €635.00K 2.80%
Other Components €4.24 Million 18.66%
Total Equity €22.71 Million 100.00%

Elecster Oyj A Competitors by Market Cap

The table below lists competitors of Elecster Oyj A ranked by their market capitalization.

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 23,841,000 to 22,714,000, a change of -1,127,000 (-4.7%).
  • Net income of 258,000 contributed positively to equity growth.
  • Dividend payments of 207,000 reduced retained earnings.
  • Other comprehensive income increased equity by 282,000.
  • Other factors decreased equity by 1,460,000.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income €258.00K +1.14%
Dividends Paid €207.00K -0.91%
Other Comprehensive Income €282.00K +1.24%
Other Changes €-1.46 Million -6.43%
Total Change €- -4.73%

Book Value vs Market Value Analysis

This analysis compares Elecster Oyj A'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: 0.43x
  • 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 decreased from 1.03x to 0.43x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2004-12-31 €2.54 €2.60 x
2005-12-31 €2.87 €2.60 x
2006-12-31 €3.16 €2.60 x
2007-12-31 €3.42 €2.60 x
2009-12-31 €3.97 €2.60 x
2010-12-31 €4.40 €2.60 x
2011-12-31 €4.82 €2.60 x
2012-12-31 €5.22 €2.60 x
2013-12-31 €5.37 €2.60 x
2014-12-31 €5.09 €2.60 x
2015-12-31 €5.43 €2.60 x
2016-12-31 €6.48 €2.60 x
2017-12-31 €6.52 €2.60 x
2018-12-31 €6.43 €2.60 x
2019-12-31 €6.79 €2.60 x
2020-12-31 €6.41 €2.60 x
2021-12-31 €7.10 €2.60 x
2022-12-31 €7.34 €2.60 x
2023-12-31 €6.36 €2.60 x
2024-12-31 €6.06 €2.60 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Elecster Oyj A 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): 1.14%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 0.76%
  • • Asset Turnover: 0.82x
  • • Equity Multiplier: 1.83x
  • Recent ROE (1.14%) is below the historical average (9.29%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2002 19.94% 5.36% 1.32x 2.82x €1.03 Million
2003 21.62% 6.46% 1.00x 3.36x €1.39 Million
2004 -7.75% -2.47% 0.89x 3.54x €-1.69 Million
2005 13.81% 4.08% 1.01x 3.36x €408.80K
2006 17.18% 4.86% 1.12x 3.15x €850.30K
2007 17.25% 5.09% 1.15x 2.95x €929.10K
2008 6.63% 2.44% 0.96x 2.84x €-482.60K
2009 7.51% 3.15% 0.87x 2.73x €-370.60K
2010 8.76% 3.67% 0.89x 2.68x €-205.20K
2011 11.20% 4.45% 1.04x 2.41x €216.00K
2012 11.29% 5.04% 1.00x 2.25x €252.20K
2013 11.16% 4.95% 1.05x 2.15x €233.00K
2014 12.71% 5.29% 1.03x 2.33x €517.40K
2015 15.17% 6.69% 0.98x 2.32x €1.05 Million
2016 12.98% 7.15% 0.88x 2.07x €725.20K
2017 10.07% 6.25% 0.80x 2.02x €17.60K
2018 10.41% 5.95% 0.83x 2.10x €98.20K
2019 3.87% 2.50% 0.79x 1.97x €-1.56 Million
2020 11.44% 6.97% 0.82x 1.99x €345.90K
2021 -2.22% -1.82% 0.67x 1.84x €-3.25 Million
2022 4.28% 2.76% 0.81x 1.91x €-1.57 Million
2023 -4.70% -3.28% 0.71x 2.01x €-3.50 Million
2024 1.14% 0.76% 0.82x 1.83x €-2.01 Million

Industry Comparison

This section compares Elecster Oyj A's net assets metrics with peer companies in the Specialty Industrial Machinery industry.

Industry Context

  • Industry: Specialty Industrial Machinery
  • Average net assets among peers: $79,477,217
  • Average return on equity (ROE) among peers: 14.76%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Elecster Oyj A (ELEAV) €22.82 Million 19.94% 0.76x $2.61 Million
Glaston Oyj Abp (GLA1V) $68.03 Million 1.63% 1.90x $16.71 Million
Norrhydro Group Oyj (NORRH) $3.31 Million 57.67% 4.05x $5.34 Million
Raute Oyj (RAUTE) $193.70 Million 0.00% 1.60x $44.41 Million
Scanfil Oyj (SCANFL) $108.31 Million 0.08% 1.46x $265.41 Million
Viafin Service Oyj (VIAFIN) $24.04 Million 14.39% 0.83x $36.66 Million