Etteplan Oyj
Etteplan Oyj provides software and embedded, industrial equipment and plant engineering, and technical communication solutions in Finland, Scandinavia, China, and Central Europe. The company offers control systems and battery development, engineering analysis, and addictive manufacturing; electrical and mechanical engineering; digital twin, robotics, assembly optimization, joining and bonding, an… Read more
Etteplan Oyj (ETTE) - Net Assets
Latest net assets as of December 2025: €122.14 Million EUR
Based on the latest financial reports, Etteplan Oyj (ETTE) has net assets worth €122.14 Million EUR as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€303.97 Million) and total liabilities (€181.83 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 | €122.14 Million |
| % of Total Assets | 40.18% |
| Annual Growth Rate | 10.16% |
| 5-Year Change | 23.48% |
| 10-Year Change | 131.43% |
| Growth Volatility | 16.34 |
Etteplan Oyj - Net Assets Trend (2000–2025)
This chart illustrates how Etteplan Oyj's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Etteplan Oyj (2000–2025)
The table below shows the annual net assets of Etteplan Oyj from 2000 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | €122.14 Million | +3.68% |
| 2024-12-31 | €117.80 Million | +3.25% |
| 2023-12-31 | €114.09 Million | +7.32% |
| 2022-12-31 | €106.31 Million | +7.48% |
| 2021-12-31 | €98.91 Million | +13.60% |
| 2020-12-31 | €87.07 Million | +13.46% |
| 2019-12-31 | €76.74 Million | +13.64% |
| 2018-12-31 | €67.53 Million | +16.58% |
| 2017-12-31 | €57.92 Million | +9.75% |
| 2016-12-31 | €52.78 Million | +52.46% |
| 2015-12-31 | €34.62 Million | +20.40% |
| 2014-12-31 | €28.75 Million | +12.84% |
| 2013-12-31 | €25.48 Million | +3.25% |
| 2012-12-31 | €24.68 Million | +21.74% |
| 2011-12-31 | €20.27 Million | -30.97% |
| 2010-12-31 | €29.36 Million | +23.96% |
| 2009-12-31 | €23.69 Million | -12.26% |
| 2008-12-31 | €27.00 Million | -7.85% |
| 2007-12-31 | €29.30 Million | +24.86% |
| 2006-12-31 | €23.47 Million | +14.69% |
| 2005-12-31 | €20.46 Million | +44.46% |
| 2004-12-31 | €14.16 Million | -2.75% |
| 2003-12-31 | €14.57 Million | +1.74% |
| 2002-12-31 | €14.32 Million | +10.19% |
| 2001-12-31 | €12.99 Million | +19.46% |
| 2000-12-31 | €10.88 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Etteplan 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 3230.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €95.09 Million | 77.85% |
| Common Stock | €5.00 Million | 4.09% |
| Other Comprehensive Income | €-9.00 Million | -7.37% |
| Other Components | €31.05 Million | 25.42% |
| Total Equity | €122.14 Million | 100.00% |
Etteplan Oyj Competitors by Market Cap
The table below lists competitors of Etteplan Oyj ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
1ST SUMMIT BANCORP of Johnstown Inc
PINK:FSMK
|
$41.58 Million |
|
SBI Investment KOREA Co. Ltd
KQ:019550
|
$41.60 Million |
|
Alucon Public Company Limited
BK:ALUCON
|
$41.60 Million |
|
Taewoong Logistics Co.Ltd
KQ:124560
|
$41.61 Million |
|
Klingelnberg AG
SW:KLIN
|
$41.57 Million |
|
Orient Pharma Co. Ltd.
TWO:4166
|
$41.55 Million |
|
Groupe Sfpi
PA:SFPI
|
$41.55 Million |
|
Oregon Pacific Bancorp
PINK:ORPB
|
$41.54 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Etteplan Oyj's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 117,803,000 to 122,142,000, a change of 4,339,000 (3.7%).
- Net income of 10,573,000 contributed positively to equity growth.
- Dividend payments of 5,555,000 reduced retained earnings.
- Other comprehensive income decreased equity by 26,909,999.
- Other factors increased equity by 26,230,999.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €10.57 Million | +8.66% |
| Dividends Paid | €5.55 Million | -4.55% |
| Other Comprehensive Income | €-26.91 Million | -22.03% |
| Other Changes | €26.23 Million | +21.48% |
| Total Change | €- | 3.68% |
Book Value vs Market Value Analysis
This analysis compares Etteplan 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: 1.74x
- 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 13.93x to 1.74x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2002-12-31 | €0.60 | €8.40 | x |
| 2003-12-31 | €0.69 | €8.40 | x |
| 2004-12-31 | €0.65 | €8.40 | x |
| 2005-12-31 | €0.94 | €8.40 | x |
| 2006-12-31 | €1.13 | €8.40 | x |
| 2007-12-31 | €1.36 | €8.40 | x |
| 2008-12-31 | €1.28 | €8.40 | x |
| 2009-12-31 | €1.14 | €8.40 | x |
| 2010-12-31 | €1.41 | €8.40 | x |
| 2011-12-31 | €0.99 | €8.40 | x |
| 2012-12-31 | €1.21 | €8.40 | x |
| 2013-12-31 | €1.24 | €8.40 | x |
| 2014-12-31 | €1.39 | €8.40 | x |
| 2015-12-31 | €1.61 | €8.40 | x |
| 2016-12-31 | €2.30 | €8.40 | x |
| 2017-12-31 | €2.35 | €8.40 | x |
| 2018-12-31 | €2.72 | €8.40 | x |
| 2019-12-31 | €3.09 | €8.40 | x |
| 2020-12-31 | €3.50 | €8.40 | x |
| 2021-12-31 | €3.98 | €8.40 | x |
| 2022-12-31 | €4.25 | €8.40 | x |
| 2023-12-31 | €4.52 | €8.40 | x |
| 2024-12-31 | €4.67 | €8.40 | x |
| 2025-12-31 | €4.84 | €8.40 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Etteplan 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): 8.66%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.93%
- • Asset Turnover: 1.19x
- • Equity Multiplier: 2.49x
- Recent ROE (8.66%) is below the historical average (15.40%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 23.67% | 9.06% | 1.58x | 1.65x | €1.41 Million |
| 2001 | 23.79% | 8.39% | 1.69x | 1.68x | €1.65 Million |
| 2002 | 11.98% | 3.41% | 1.65x | 2.13x | €209.70K |
| 2003 | 7.79% | 1.90% | 1.95x | 2.11x | €-273.20K |
| 2004 | 21.91% | 4.17% | 2.20x | 2.39x | €1.40 Million |
| 2005 | 12.75% | 2.85% | 2.11x | 2.12x | €487.70K |
| 2006 | 18.46% | 4.27% | 1.77x | 2.44x | €1.91 Million |
| 2007 | 27.34% | 6.27% | 1.73x | 2.52x | €4.98 Million |
| 2008 | 29.77% | 4.96% | 2.05x | 2.93x | €5.32 Million |
| 2009 | -60.94% | -14.54% | 1.60x | 2.62x | €-16.71 Million |
| 2010 | 15.20% | 4.24% | 1.55x | 2.31x | €1.52 Million |
| 2011 | 22.59% | 3.87% | 1.82x | 3.20x | €2.58 Million |
| 2012 | 23.02% | 4.29% | 1.76x | 3.05x | €3.26 Million |
| 2013 | 16.66% | 3.34% | 1.73x | 2.89x | €1.72 Million |
| 2014 | 20.58% | 4.50% | 1.75x | 2.62x | €3.05 Million |
| 2015 | 17.68% | 4.34% | 1.53x | 2.67x | €2.66 Million |
| 2016 | 14.13% | 4.04% | 1.37x | 2.56x | €2.17 Million |
| 2017 | 19.80% | 5.34% | 1.49x | 2.49x | €5.68 Million |
| 2018 | 22.63% | 6.46% | 1.47x | 2.38x | €8.53 Million |
| 2019 | 22.66% | 6.60% | 1.30x | 2.64x | €9.71 Million |
| 2020 | 19.61% | 6.58% | 1.19x | 2.50x | €8.37 Million |
| 2021 | 20.26% | 6.68% | 1.19x | 2.56x | €10.15 Million |
| 2022 | 17.07% | 5.18% | 1.25x | 2.64x | €7.52 Million |
| 2023 | 14.59% | 4.62% | 1.26x | 2.49x | €5.24 Million |
| 2024 | 8.82% | 2.88% | 1.21x | 2.53x | €-1.38 Million |
| 2025 | 8.66% | 2.93% | 1.19x | 2.49x | €-1.64 Million |
Industry Comparison
This section compares Etteplan Oyj's net assets metrics with peer companies in the Engineering & Construction industry.
Industry Context
- Industry: Engineering & Construction
- Average net assets among peers: $221,956,379
- Average return on equity (ROE) among peers: -5.45%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Etteplan Oyj (ETTE) | €122.14 Million | 23.67% | 1.49x | $41.57 Million |
| Consti Yhtiot Oy (CONSTI) | $43.68 Million | 16.35% | 1.68x | $53.41 Million |
| Sitowise Group Oyj (SITOWS) | $116.87 Million | 6.71% | 1.40x | $74.38 Million |
| SRV Group plc (SRV1V) | $146.18 Million | -58.60% | 2.07x | $27.36 Million |
| TEKOVA (TEKOVA) | $2.43 Million | 0.00% | 4.26x | $12.18K |
| YIT Oyj (YIT) | $800.61 Million | 8.27% | 2.28x | $342.19 Million |