Inderes Oyj (INDERES) - Net Assets

Latest as of December 2025: €5.12 Million EUR ≈ $5.98 Million USD

Based on the latest financial reports, Inderes Oyj (INDERES) has net assets worth €5.12 Million EUR (≈ $5.98 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€12.18 Million ≈ $14.24 Million USD) and total liabilities (€7.06 Million ≈ $8.25 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 Inderes Oyj asset resilience ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	€5.12 Million
% of Total Assets	42.03%
Annual Growth Rate	23.22%
5-Year Change	-23.8%
10-Year Change	N/A
Growth Volatility	81.08

Inderes Oyj - Net Assets Trend (2019–2025)

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

Annual Net Assets for Inderes Oyj (2019–2025)

The table below shows the annual net assets of Inderes Oyj from 2019 to 2025. For live valuation and market cap data, see INDERES market cap.

Year	Net Assets	Change
2025-12-31	€5.12 Million ≈ $5.98 Million	-19.46%
2024-12-31	€6.36 Million ≈ $7.43 Million	-12.37%
2023-12-31	€7.25 Million ≈ $8.48 Million	-9.77%
2022-12-31	€8.04 Million ≈ $9.40 Million	+19.66%
2021-12-31	€6.72 Million ≈ $7.85 Million	+213.88%
2020-12-31	€2.14 Million ≈ $2.50 Million	+46.36%
2019-12-31	€1.46 Million ≈ $1.71 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Inderes 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 898.7% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Common Stock	€82.50K	1.65%
Other Components	€8.85 Million	176.79%
Total Equity	€5.00 Million	100.00%

Inderes Oyj Competitors by Market Cap

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

Company	Market Cap
Cosmos Yatirim Holding AS IS:COSMO	$27.32 Million
Investors House HE:INVEST	$27.33 Million
Rein Therapeutics Inc NASDAQ:RNTX	$27.34 Million
Maniker F & G Co. Ltd KQ:195500	$27.34 Million
SAF Tehnika A/S F:VTZ	$27.30 Million
Tate & Lyle PLC LSE:TATE	$27.30 Million
Grup Serban Holding RO:GSH	$27.29 Million
EMB Mission Bound AB (publ) ST:NAVIGO-STAM	$27.29 Million

Equity Growth Attribution

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

Equity Growth Insights

From 2024 to 2025, total equity changed from 6,242,319 to 5,003,658, a change of -1,238,661 (-19.8%).
Net income of 208,224 contributed positively to equity growth.
Dividend payments of 1,535,402 reduced retained earnings.
Share repurchases of 149,115 reduced equity.
New share issuances of 300,033 increased equity.
Other factors decreased equity by 62,401.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	€208.22K	+4.16%
Dividends Paid	€1.54 Million	-30.69%
Share Repurchases	€149.12K	-2.98%
Share Issuances	€300.03K	+6.0%
Other Changes	€-62.40K	-1.25%
Total Change	€-	-19.84%

Book Value vs Market Value Analysis

This analysis compares Inderes 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: 5.76x
The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
The price-to-book ratio has decreased from 20.96x to 5.76x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2019-12-31	€0.79	€16.60	x
2020-12-31	€1.24	€16.60	x
2021-12-31	€4.08	€16.60	x
2022-12-31	€4.77	€16.60	x
2023-12-31	€4.22	€16.60	x
2024-12-31	€3.68	€16.60	x
2025-12-31	€2.88	€16.60	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Inderes 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): 4.16%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 1.09%
• Asset Turnover: 1.57x
• Equity Multiplier: 2.43x
Recent ROE (4.16%) is below the historical average (19.93%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2019	47.60%	12.42%	1.04x	3.70x	€486.45K
2020	55.26%	12.87%	1.58x	2.73x	€917.51K
2021	19.42%	10.96%	1.12x	1.58x	€628.61K
2022	4.83%	2.85%	0.76x	2.22x	€-412.47K
2023	1.18%	0.49%	1.01x	2.37x	€-631.54K
2024	7.06%	2.40%	1.38x	2.13x	€-183.72K
2025	4.16%	1.09%	1.57x	2.43x	€-292.14K

Industry Comparison

This section compares Inderes Oyj's net assets metrics with peer companies in the Financial Data & Stock Exchanges industry.

No peer company data available for comparison.

About Inderes Oyj

HE:INDERES Finland Financial Data & Stock Exchanges

Market Cap

$33.64 Million

€28.78 Million EUR

Market Cap Rank

#24126 Global

#126 in Finland

Share Price

€16.60

Change (1 day)

+0.30%

52-Week Range

€14.65 - €19.85

All Time High

€44.01